Kinnevik Investor Event Presentation Deck
WE HAVE ALSO INVESTED EUR 25M INTO H2 GREEN STEEL TO ACCELERATE THE
DECARBONIZATION OF STEEL - ONE OF THE LARGEST CO₂ EMITTING INDUSTRIES
2
Product
Market
Focus Areas
Funding
Requirements
■
▪ Producer of green steel, reducing CO₂ emissions with up to
95% compared to traditional steelmaking
■
H2green steel
■
Overview
■
5 million tonnes of green steel produced in Boden by 2030
A fully integrated, digitalized, and sustainable plant
▪ Off-take supply agreements with partners across industries
from automotive to construction to white goods
Targeting the steel, one of the most used products in the
world, representing ~7% of global CO₂ emissions
Developing Boden plant
Exploring opportunities in green hydrogen and green iron
I Announced debt commitments for EUR 3.5bn in Oct 2022
Anticipated to raise further capital for Project Boden
Very strong cap table consisting of several players with
significant and long-term capital
ALTOR
G
GIC
MARCEGAGLIA
VARGAS
HOLDING
33
AMF
HITACHI
Inspire the Ned
Hitachi Energy
ORSTEIN GROUP
IMAS
Foundation
SCANIA
Boden plant design
Kingspan
SCHAEFFLER
12
Exor
B
KINNEVIK
SMS group
FAM
KOBELCO
Swedbank (
Partners and co-investors
KINNEVIKView entire presentation