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Stegra's Stellar Surge: €1.4B Backs Boden's Green Steel

Stegra has secured €1.4 billion in new financing to complete its green steel plant in Boden, Sweden. The round is led by Wallenberg Investments, alongside Temasek & IMAS, giving Stegra a fully funded path to construction completion. Existing investors Altor, Hy24, & Just Climate continue their support. The deal is expected to close in June 2026, after which Leif Johansson will become the new Chair of the Board.

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