Financially strapped Stegra, which is building a gigantic factory in Boden for the production of green steel, is hunting for new capital. At times, anonymous sources among lenders and other stakeholders have said Stegra has had difficulty convincing investors about its financial plan.
Now, Stegra's press officer Karin Hallstan said in an email exchange with Bloomberg that the financing is on track and that it should be completed by March at the latest.
Last fall, the company announced that it needs approximately SEK 10 billion in additional capital, on top of roughly SEK 70 billion previously provided by lenders, owners and government grants.
