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2023-04-18_Mottak_utstyr_Arendal_Havn-3904

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2023-04-18_Mottak_utstyr_Arendal_Havn-3904

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Naja Boone

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Morrow Batteries ASA raises NOK 567 million in a convertible loan

Morrow Batteries ASA raises NOK 567 million in a convertible loan

Morrow Batteries ASA (“Morrow”) today announces an agreement with four of its main shareholders on a convertible loan of NOK 567 million, funding the continued development in Southern Norway. The first battery factory is scheduled to open in the first quarter of 2024.
The company is growing fast and the proceeds from the convertible loan will finance the continued build-up of Morrow Batteries’

Speeding up the energy transition with cost-effective and sustainable batteries.

Follow our journey at morrowbatteries.com and @MorrowBatteries on LinkedIn.

Morrow Batteries