Sweden State-Owned Pension $18 Billion AP Funds Fully Write-Down $534 Million Investment in Sweden Lithium Battery Manufacturer Northvolt Which Filed for United States Chapter 11 Bankruptcy in 2024 November with $5.8 Billion Debt, Northvolt Represents 0.3% of AP Funds AUM, Northvolt Founded in 2015 by 2 ex-Tesla Executives Peter Carlsson & Paolo Cerruti
12th February 2025 | Hong Kong
Sweden state-owned pension AP Funds ($18 billion AUM) has fully write-down $534 million investment in Sweden lithium battery manufacturer Northvolt which filed for United States Chapter 11 Bankruptcy in 2024 November with $5.8 billion debt. By the end of 2023, Northolt had raised $15 billion in debt, equity & grants. Northvolt represents around 0.3% of AP Funds $18 billion AUM. Northvolt was founded in 2015 by 2 ex-Tesla executives Peter Carlsson & Paolo Cerruti.
“ Sweden State-Owned Pension $18 Billion AP Funds Fully Write-Down $534 Million Investment in Sweden Lithium Battery Manufacturer Northvolt Which Filed for United States Chapter 11 Bankruptcy in 2024 November with $5.8 Billion Debt, Northvolt Represents 0.3% of AP Funds AUM, Northvolt Founded in 2015 by 2 ex-Tesla Executives Peter Carlsson & Paolo Cerruti “
Sweden State-Owned Pension $18 Billion AP Funds Fully Write-Down $534 Million Investment in Sweden Lithium Battery Manufacturer Northvolt Which Filed for United States Chapter 11 Bankruptcy in 2024 November with $5.8 Billion Debt, Northvolt Represents 0.3% of AP Funds AUM, Northvolt Founded in 2015 by 2 ex-Tesla Executives Peter Carlsson & Paolo Cerruti
![Northvolt](https://www.caproasia.com/wp-content/uploads/2025/02/Northvolt.jpg)
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