Crisis-stricken Northvolt is approaching a rescue package of approximately 3.2 billion kronor, according to Bloomberg, citing an anonymous source familiar with the matter.
Behind the rescue package is a combination of shareholders, lenders, and customers. Among others, investment bank Goldman Sachs and one of Northvolt's main owners, financier Harald Mix, have previously been reported to be part of the rescue effort.
According to the source, the negotiations are in the final stage, although there is still a risk that they may fail.
Such a rescue package would buy the battery manufacturer time to stabilize its production and secure long-term financing.
Northvolt has not commented on the reports.
Dagens industri reported earlier on Thursday that Northvolt is close to a smaller crisis package of over 1 billion kronor, according to sources.
