Wallenberg-Led Consortium Secures Majority Control of Stegra

Stegra Holding AB now controls over 90% of the shares and voting rights, effectively shifting the industrial balance of power. Leif Johansson assumes the role of board chair, replacing Shaun Kingsbury, who guided the company through the recent funding negotiations and will retain a seat on the board. The new board composition reflects the influence of the investing consortium, incorporating representatives from Wallenberg Investments alongside appointees from Altor, Just Climate, and Hy24.

Henrik Henriksson remains in his position as CEO to oversee the company's operational trajectory. Parallel to these board appointments, the firm's architecture is undergoing a formal realignment. The entity formerly known as Stegra AB has been rebranded as Green Nexus Investment Holding AB and now functions as a minority shareholder. Meanwhile, the operational arm responsible for hydrogen, iron, and steel production is in the process of adopting the Stegra AB name to streamline its identity.