DNB and Eksfin fund Hydrovolt’s battery recycling efforts in Norway and Europe
Hydrovolt, a 50:50 joint venture (JV) of Norsk Hydro ASA and Northvolt, has secured financing of NOK 63 million from DNB and Eksfin to scale up its operations in Fredrikstad (Norway) and expand into other European markets.
This investment will support Hydrovolt’s efforts to meet the increasing demand for battery recy