The financing round also brought about a significant change in the company's ownership structure. Wallenberg Investments, together with Temasek, IMAS, Bolero, and SEB Stiftelsen, formed a consortium that emerged as the leading shareholder in Stegra, acquiring a majority stake through the transaction.
Following the completion of the financing and share transfer transactions, Stegra was reorganized under two separate holding companies. More than 90% of the company’s shares and voting rights were transferred to Stegra HoldCo, which is jointly owned by the consortium members as well as the new and existing investors participating in the financing round. The remaining shares and voting rights in Stegra continue to be held by Green Nexus Investment Holding, which comprises the company’s existing shareholders.
Under the new ownership structure, Wallenberg Investments, one of the key members of the consortium, holds approximately 38.5% of the voting rights and 18.8% of the total share capital in Stegra HoldCo. The substantial funding secured through this transaction is expected to support the timely execution of Stegra’s plans to establish low-carbon steel production in Boden and keep the project on track toward its development milestones.
Comments
No comment yet.