GIC, Temasek back Sweden-based H2 Green Steel's $1.6b funding

GIC, Temasek back Sweden-based H2 Green Steel's $1.6b funding

Renewable energy/Illustration/ Internet Archive

Singapore’s sovereign wealth fund GIC and state investor Temasek have invested in Sweden-based green steel manufacturer H2 Green Steel’s €1.5-billion ($1.6 billion) private placement, the largest in Europe this year.

Edited by: Joymitra Rai