ReferIndia News Stegra Secures Lifeline with €1.4 Billion Green Steel Investment

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Stegra Secures Lifeline with €1.4 Billion Green Steel Investment

Published on: April 14, 2026, 1:10 p.m. | Source: Devdiscourse

Swedish green steel startup Stegra, formerly known as H2 Green Steel, has raised €1.4 billion from a consortium led by the Wallenberg family. This funding will help complete the construction of its hydrogen-based steel plant in Sweden. The project, considered vital for Sweden, will see Leif Johansson nominated as new board chair.

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