Private placement of convertible bond in Nilar (SE) — SEK 175 million

Carnegie acted as sole financial adviser in the pre-IPO convertible bond in Nilar. Nilar was founded in 2001 as a research project by leading battery industry experts from Europe and the US. The company has been producing advanced Nilar Hydride® batteries (NiMH) for energy storage at commercial properties, private households, industrial plants and for use with the smart grid, since 2015. December 2019.