H2 Green Steel raises record-breaking €1.5bn to build green steel plant in Sweden

Cecilia Keating
clock • 3 min read
Credit: H2 Green Steel
Image:

Credit: H2 Green Steel

Fund raise is largest private placement in Europe this year, according to green steelmaker

H2 Green Steel has raised €1.5bn in equity funding from investors to finance the construction and development a trailblazing large-scale green steel plant in Sweden. The funding round, which was co-led...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

ENA launches new flexibility standard to boost network efficiency

ENA launches new flexibility standard to boost network efficiency

New standard aims to make it easier for devices to automatically turn on or off to help stabilise the grid

clock 06 May 2026 • 3 min read
Electrification needs more than ambition — it needs a working grid

Electrification needs more than ambition — it needs a working grid

While progress has been made on electricity transmission reforms in Britain, distribution connections remain a persistent barrier, writes Ocean Fay from ADE: Demand

Ocean Fay, ADE: Demand
clock 05 May 2026 • 3 min read
B&Q and RAW Charging launch new £11m charging network

B&Q and RAW Charging launch new £11m charging network

Rollout will see ultra-rapid EV charging hubs installed at up to 26 B&Q locations across England and Wales over the next 12 months

clock 05 May 2026 • 2 min read