Goldman on hook for nearly $900M loss on Northvolt stake

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Not A Bright Spark? Goldman Sachs Loses Almost $1 Billion On EV Battery Company
Goldman Sachs has a smudge on its face when it comes to electric vehicle batteries. The storied Wall Street giant was a major ...
Goldman’s $900mn hit
Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery ...
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
The Financial Times4d
Goldman Sachs takes $900mn hit on Northvolt investment
Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week. Goldman’s private equity funds have at least $896mn ...
Northvolt crisis marks major blow for Europe's EV battery hopes
STORY: Northvolt’s financial collapse could spell the end of Europe’s ambitions to set up its own battery industry to power ...
Goldman Sachs takes $1.4b hit on green battery investment
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
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Northvolt's bankruptcy: The end of Europe's electric dream?
It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...
Yahoo Finance3d
Goldman Funds Take $900 Million Hit on Northvolt, FT Says
(Bloomberg) -- Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery maker Northvolt AB, which filed for bankruptcy ...