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Northvolt raises $1.2B convertible note from BlackRock

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Re: Northvolt raises $1.2B convertible note from BlackRock

#4
post #3

I was recently shopping for an UPS + couple 100Ah Batteries solution and failed to find an easy way to buy something not manufactured in China. Northvolt seems to not be present in retail at all. Are there any good places I should've checked out?

Look for TAA compliant. https://www.eaton.com/us/en-us/products/backup-power-ups-sur...

But they are often assembled in USA from foreign components, so you have to dig further into what cells they’re using.

Re: Northvolt raises $1.2B convertible note from BlackRock

#5

> Sweden’s Northvolt, has raised $1.2bn from North America-based investors including BlackRock. Feels like BlackRock have touched almost everything

What they haven't Blackstone has - they're related private equity groups, aka late capitalist cancer ala Gordon Ecko's

'I produce nothing, I do nothing, I own'.

Re: Northvolt raises $1.2B convertible note from BlackRock

#7
post #3

I was recently shopping for an UPS + couple 100Ah Batteries solution and failed to find an easy way to buy something not manufactured in China. Northvolt seems to not be present in retail at all. Are there any good places I should've checked out?

Large scale systems and cells to spec for other companies products | applications ...

https://northvolt.com/products/

scroll down to footer PRODUCTS heading for more vague marketing splurge.

Re: Northvolt raises $1.2B convertible note from BlackRock

#10

> Sweden’s Northvolt, has raised $1.2bn from North America-based investors including BlackRock. Feels like BlackRock have touched almost everything

If you have them invest your money, isn't that part of what you would expect (economic rationale provided)?
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