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Industrikraft i Sverige — 1,500 MW Swedish Industrial Nuclear Stake

Developer
Industrikraft i Sverige AB / Vattenfall / Videberg Kraft
Capacity
1500 MWe
Last updated
6/2/2026

Project overview

Reactor type
BWR
Announced
11/10/2025
Projected operational
12/31/2035

Notes

Industrikraft i Sverige AB — formed in June 2024 by nine major Swedish industrial companies including ABB, Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso, and Volvo Group — agreed to take a 20% stake in Videberg Kraft AB and invest SEK 400 million ($42.2 million) for early-stage development. The agreement was signed November 10, 2025. Industrikraft will contribute resources, expertise in project management, and technology selection support. Tom Erixon, Chairman of Industrikraft and CEO of Alfa Laval: "Industrikraft and Vattenfall have reached consensus on the most important issues." The nine industrial members represent a cross-section of Sweden's energy-intensive industries that would directly benefit from reliable, carbon-free nuclear baseload.

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