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.