9 June, 2017

InnoEnergy recently invested EUR 3.5 million in Northvolt AB in order to enable development of Europe’s first large-scale battery production facility.

Northvolt’s factory will manufacture high-quality lithium-ion batteries for electric vehicles and energy storage. The factory, which will be built in the Nordic region, is estimated to attain a production capacity of 32GWh by 2024 and will create thousands of jobs.

Foyen has assisted InnoEnergy with its investment. The responsible partner at Foyen was Tomas Rudenstam.

For more information, please contact:

Tomas Rudenstam, Partner at Foyen

+46 735 18 81 00, [email protected]

Foyen is a law firm which, ever since it was founded in 1987, has carved out three basic principles that define how we work: industry focus, an understanding of business, and outstanding expertise in the relevant areas of the law. And this has served us and our clients well. The firm now has some 80 employees in Stockholm, Gothenburg, Malmö and Falun.

Our primary practice areas are in the construction and property sector, technology-intensive industry, mining and forestry, public transactions, the energy sector, the environmental sector, IT law and cross-industry business law.