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19:29 CET

funding · SE · 23 MAY 2021

H2 Green Steel, now Stegra, closed a $105 million Series A equity round backed by strategic industrial partners and long-term investors to accelerate its green-steel plans.

Stegra · EUR 86.2M · Series A

Provenance

Sources

stegra.com
https://stegra.com/news-and-stories/h2-green-steel-completes-strong-usd-105-million-initial-funding-round-to-accelerate-the-transition-into-green-steel-making

Activity

More from Stegra

Hire · 30 Sep · —Håkan Buskhe has been appointed as the new CEO of Stegra, succeeding Henrik Henriksson, effective November 1.
Funding · 24 Jun · EUR 1.4BStegra closed a €1.4 billion financing round led by a Wallenberg Investments consortium, with broad support from existing shareholders and lenders, to complete its Boden plant.
Hire · 01 Nov · —Håkan Buskhe has been appointed as the new CEO of Stegra, replacing Henrik Henriksson who will continue as an advisor.
Funding · 18 Sep · EUR 106.0MThe Swedish Energy Agency granted Stegra SEK 1.2 billion in state aid through the Industrial Leap programme to build its integrated low-carbon steel plant; the aid had European Commission approval.
Funding · 22 Jan · EUR 250.0MH2 Green Steel announced a €250 million EU Innovation Fund grant for its large-scale green-steel plant as part of its January 2024 financing package.