Ontario Pension Investing US$ 400 Million in Northvolt
Posted on 06/21/2023
Northvolt is a battery manufacturing company based out of Sweden. Northvolt uses clean energy to deliver batteries with an 80% lower carbon footprint than coal-based options. Northvolt says their operations will “make the world a better, cleaner place.” A Canadian pension manager agrees, IMCO will be investing US$ 400 million into the battery-maker. IMCO is…