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  • Morrow Batteries raises up to EUR 70 million in new capital from its owners

    Morrow Batteries raises up to EUR 70 million in new capital from its owners

    Morrow Batteries ASA ("Morrow") is raising up to EUR 70 million (approximately NOK 800 million) through a private placement guaranteed by the company's largest owners. The raise in two tranches provides the company with capital to continue its development of next-generation sustainable batteries and brings Morrow closer to commercial production. The company's extraordinary general meeting on Septe