Gernandt & Danielsson has advised Canada Pension Plan Investment Board (CPP Investments) in connection with its investment in Northvolt

CPP Investments has invested in convertible notes issued by Northvolt in connection with Northvolt’s USD 1.2 billion financing round.

Northvolt is a premium supplier of sustainable, high-quality battery cells and systems. CPP Investments is a professional investment management organization that manages the CPP Fund in the best interest of the more than 21 million contributors and beneficiaries of the Canada Pension Plan.

G&D has advised CPP Investments with a team consisting of partner Carl Westerberg, senior associate Christopher Escalante and associates Philip Börnå and Samuel Gilljam.