Boden Business Park

H2GS norrsken

H2 Green Steel secures another 18 billion

A group of investors is committing 18 billion kronor to ensure the construction of H2 Green Steel’s steel mill in Boden.

The announcement from H2 Green Steel means that the company can continue its plans to establish the world’s first large-scale green steel mill in Boden and Europe’s largest hydrogen facility.

According to the company, it is the largest private capital raise of the year. Among the new investors are Altor, GIC, Hy24, and Just Climate, but also previous investors such as AMF, Cristina Stenbeck, Hitachi Energy, IMAS Foundation, Kinnevik, Schaeffler, Vargas, and Wallenberg Investments’ parent company FAM.

“The caliber of investors backing us is impressive. Some of the world’s most professional institutions, investors and industrial companies are joining this round and we are proud that they all share our view of sustainability as a guiding principle,” says Henrik Henriksson, CEO of H2 Green Steel.

New level of ambition

The revenues will be used to continue the development of the steel mill in Boden. Groundwork has been ongoing since 2022 and production is expected to start at the end of 2025.

By replacing coal with hydrogen, the plant will be able to deliver steel with up to 95% lower CO2 emissions than steel produced using blast furnace technology. Development of technology and digitalization, along with a completely new ambition level for the industry in areas such as circularity and recycling, will make this steel mill the first of its kind.

“18 billion is the largest private capital raise in Europe this year and the appetite to invest in us is evidence of both our strong business case and the market demand for green steel,” says Henrik Henriksson.

Earlier this week, it also became clear that H2GS is buying parts of the land at Boden Industrial Park from the municipality for SEK 134 million.


Views Navigation


Dagens lunch v.6


serveras med rostad pumpasås, riven parmesan och torkad aprikos

serveras med svamp, stekt mangold, riven pecorino, salviasmör och pumpafrön


Grillad kyckling
serveras med tabbouleh och tzatziki

Torgets zucchinibiffar
serveras med tabbouleh och tzatziki


serveras med potatispuré, kantarellsås, lingon och pressgurka

Torgets bönlimpa
serveras med potatispuré, kantarellsås, lingon och pressgurka


Ugnsbakad torsk
serveras med kålrabbi, syrad äggsås och dillslungad fänkål

Nattbakad rotselleri
serveras med kålrabbi, gräslöksaioli och dillslungad fänkål


Butchers steak från Nyhléns
serveras med rostade vinterprimörer, café de paris smör, rödvinssky

Fylld portabella
serveras med rostad palsternacka, rökt aioli, pinjenötter och parmesan

Dagens soppa
Caesarsallad och rostad broccoli och sötpotatissallad
Grillad focaccia

Serveras med salladsbuffé, hembakt bröd och bordsvatten.
Kaffe/te och liten kaka.

Lunch of the day v.49


Italian meatballs served with casarecce, hot tomato sauce and grated parmesan

Palak paneer served with basmati rice, grilled halloumi and tomatoes


Wild boar served with mashed potatoes, raw lingonberries and pressed cucumber

Mushroom cap on chanterelles served with potato puree, raw red lingonberries and pressed cucumber


Asian BBQ on carré served with noodle salad, gochujangmajo and toasted sesame seeds

Marinated Tofu served with noodle salad, gochujangmajo and toasted sesame seeds


Fish rolls on plaice served with roasted potatoes, sour white wine sauce and fennel crudité

Zucchini rolls with artichoke served with roasted potatoes and sour butter sauce


Pepper steak on rump served with potato gratin, pepper sauce and baked tomatoes

Soy & butter fried cauliflower served with grated smoked cheddar, chive aioli and crushed nuts

Soup of the day
Caesar salad and beetroot & chevre salad
Poké bowl
Grilled focaccia

Served with salad buffet, homemade bread and table water.
Coffee/tea and small cake.

Prenumerera på vårt nyhetsbrev

Din prenumeration kunde inte sparas. Var god försök igen.
Din prenumeration har lyckats.