Industrikraft i Sverige AB

Stockholm, Sweden
Active
BWR

Company overview

Founded
2024
Total funding
SEK 400M ($42.2M) committed to Videberg Kraft
Technology
BWR — Boiling Water Reactor

About

Industrikraft i Sverige AB is a Swedish industrial consortium formed in June 2024 by nine major companies — ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso, and Volvo Group — to support the expansion of Swedish non-fossil electricity supply. In November 2025 Industrikraft agreed to a 20% stake in Videberg Kraft AB and a SEK 400 million ($42.2 million) investment to co-fund early-stage development of SMRs at Ringhals. Industrikraft contributes project management expertise, technology selection support, and co-financing alongside Vattenfall and the Swedish state.

Key investors

ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso, Volvo Group

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