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844 €1.4B deal puts Swedish Stegra’s green steel project on fully funded path

ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/15/2026 09:19 EDT

€1.4B deal puts Swedish Stegra’s green steel project on fully funded path

Stockholm-based Stegra has secured an in-principle €1.4 billion financing round led by Wallenberg Investments, which has assembled a consortium including Temasek and IMAS, alongside continued backing from existing investors such as Altor, Hy24, and Just Climate. The company develops a large-scale green steel plant in Boden, aiming to decarbonize one of the world’s most emissions-intensive […]

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