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Stegra agrees €1.4B equity round led by Wallenberg Investments after months of funding delays

StegraBoden green steel plant

Stegra agreed in principle to a €1.4B financing round led by a Wallenberg Investments consortium including Temasek and IMAS, backed by existing shareholders including Altor. Agreement signing was expected by late April 2026, with closing targeted for June 2026, to finish its Boden green steel plant.

  • €1.4B financing led by Wallenberg Investments with Temasek and IMAS; existing shareholders including Altor reinvesting.
  • Agreement signing targeted late April 2026; closing expected June 2026.
  • Funds finance construction completion and scope expansions of Boden green steel plant.
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