The battery manufacturer has not yet secured the financing required to complete the so-called Chapter 11 process, which is ongoing in the USA, reports the news agency Bloomberg.
However, according to Northvolt – with thousands of employees, most of them in Skellefteå – there are several actors who have shown interest, says a spokesperson to Bloomberg. This includes both strategic cooperation partners and financial investors, according to the company.
"Together with our advisors, we continue to discuss with potential strategic and financial investors, as well as existing lenders, shareholders, and customers, to go through and evaluate new investment proposals," writes Northvolt's press chief Erik Zsiga in an email to TT.
According to Zsiga, Northvolt is conducting a "broad and flexible marketing process":
"We are turning over every stone. The future structure is too early to speculate about," he writes.
He also confirms that the goal of completing the Chapter 11 process during the first quarter of 2025 remains.
The company – which has already laid off about every fifth employee in the wake of the crisis and scrapped several large projects around the world – applied for bankruptcy protection in a Texas court last autumn. At the time, the debt mountain to be handled in the Chapter 11 process amounted to 60 billion kronor.
