Sweden’s Green Energy Darling Stegra Is Running Out of Road
Clean steelmaker Stegra needs $2.2 billion to finish its flagship project
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Sweden’s reputation as a green industrial powerhouse took a knock last year with the $10 billion collapse of Northvolt, an electric vehicle-battery maker that couldn’t live up to its hype. Almost exactly a year later, another homegrown clean-energy company is trying to avert a similar fate.