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Stegra announces closing of €1.4 billion financing round

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STOCKHOLM, June 24, 2026 /PRNewswire/ — Stegra today announces the closing of its €1.4 billion financing round. The round is led by a Wallenberg Investments-consortium and has strong support from existing investors as well as the original lender group.

In April, 2026 Stegra announced that the new financing round had been agreed in principle, subject to certain approvals, including customary regulatory approvals. The financing round is now completed.

The Wallenberg Investments-led consortium consists of existing investors IMAS and Temasek as well as new investors Bolero and SEB-Stiftelsen. In addition, a large group of Stegra’s existing shareholders continue to invest in the company. These investors include Altor, that will become the second largest shareholder, Hy24 and Just Climate, as well as AMF, AP2, Climate Infrastructure Fund**, Kallskär, Kobe Steel, Lingotto Innovation, Scania, Schaeffler, Security Trading* Stena Metall Finans and Swedbank Robur. Also, a group of Stegra’s second lien lenders, led by AIP Management, have decided to support the project as direct equity investors.

“We are grateful for the support for the work we are doing in bringing near zero emissions steel to the market from both new and existing investors, as well as from lenders. It’s a strong sign of confidence in our business case and the project,” says Henrik Henriksson, CEO Stegra.

The financing has also received 100% approval from the Stegra lender group. All banks participating in Stegra’s financing package continue to support the project and the company will have access to the undrawn debt facilities established as part of the company’s 2024 financing.

“We are pleased that this transaction is now closed. Together with Bolero, IMAS, SEB-Stiftelsen and Temasek, as well as Altor and other new and existing investors, we will now work closely with the Stegra team to complete and commission the plant in Boden. This large-scale green project represents an important step in Sweden’s competitiveness and the EU’s security of supply,” says Håkan Buskhe, Head of Special Investments at Wallenberg Investments and incoming board member of Stegra.

“We close this financing round with a higher equity ratio and a stronger and more resilient financial position for the company. We welcome the increased Swedish ownership through the Wallenberg Investments-led consortium and the continued support from the Swedish National Debt Office and SEK which remain committed to previously agreed facilities and have worked constructively with different stakeholders during the funding process,” says Henriksson.

Stegra is in the process of ramping up construction activities in Boden. During this period, the project timeline is under review.

* the investment company of Antti Herlin’s family
** managed by Demea Sustainable Investment

For more information, contact: Karin Hallstan, Head of Communications, Stegra at press@stegra.com or +46 76 842 81 04

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Stegra announces closing of €1.4 billion financing round

 

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Starvia Automotive Expands Multi-Brand Petrol and Hybrid Lineup Selected With Gulf Heat in Mind

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GUANGZHOU, China, June 24, 2026 /PRNewswire/ — Starvia Automotive, a China-based automotive export service company, today announced an expanded multi-brand lineup of petrol and hybrid vehicles — now spanning around 40 models across leading Chinese brands and selected joint-venture models — for Gulf dealers, importers, and fleet buyers seeking China-sourced passenger vehicles chosen with hot-weather use and daily running in mind.

The lineup prioritizes petrol, HEV, and PHEV models, with EV options supported where local charging access is more established, and covers both new vehicles and inspected used vehicles. Rather than testing vehicles itself, Starvia factors practical buying questions into its sourcing: model availability, trim and VIN confirmation, mileage and condition records for used units, hot-weather suitability, pre-shipment inspection, export documentation, and logistics coordination.

Why Gulf Heat Matters

Gulf buyers often evaluate vehicles under conditions that are harsher than showroom comparisons: high summer temperatures, long commutes, heavy air-conditioning use, dust exposure, and outdoor parking. Summer temperatures in parts of the UAE can approach 50°C, and Saudi Arabia is known for extremely hot, dry summers. Starvia therefore treats hot-weather suitability as a normal procurement consideration rather than an afterthought.

“A buyer does not only ask whether a car looks good on paper,” said Jason Yang of Starvia Automotive. “They ask whether the model, trim, and condition make sense after months of heat, daily mileage, and resale pressure. Our role is to turn that question into a clearer sourcing process.”

The company recommends that buyers confirm current local specifications, fuel and running-cost assumptions, and destination requirements before ordering. Arabic-language access is available at https://www.starviaauto.com/ar?utm_source=prnews for regional buyers.

About Starvia Automotive

Starvia Automotive is a China-based automotive export service company supporting overseas customers with vehicle sourcing, export coordination, inspection assistance, documentation, logistics, and delivery for petrol, hybrid, electric, and other passenger vehicles made in China.

Media Contact

Company Name: Starvia Automotive
Contact Person: Jason Yang
Email: business@starviaauto.com
Country: China
Website: https://www.starviaauto.com/en?utm_source=prnews

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ATLANT 3D, A*STAR IMRE and NAMIC Sign MoU to Advance AI-Driven Materials Discovery in Singapore

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COPENHAGEN, Denmark and SINGAPORE, June 24, 2026 /PRNewswire/ — ATLANT 3D, the A*STAR Institute of Materials Research and Engineering (A*STAR IMRE), and the National Additive Manufacturing Innovation Cluster (NAMIC), a national platform hosted by A*STAR, have signed a Memorandum of Understanding (MoU) to collaborate on the establishment of an Advanced Materials Development Hub (“A-HUB”) in Singapore.

The partnership aims to combine ATLANT 3D’s proprietary Direct Atomic Layer Processing (DALP®) technology with A*STAR IMRE’s materials engineering expertise and NAMIC’s additive manufacturing and ecosystem development capabilities. The parties will explore applications in AI-driven materials discovery for advanced packaging, silicon photonics, and semiconductor manufacturing.

A-HUB Singapore is intended to support high-throughput materials synthesis, autonomous materials discovery, and accelerated technology development, enable novel innovation projects with industry partners, and strengthen Singapore’s sovereign advanced manufacturing infrastructure and materials innovation ecosystem.

“Singapore is a global front-runner in the industrial-scale adoption of advanced materials and next-gen manufacturing technologies,” said Dr. Maksym Plakhotnyuk, CEO & Founder of ATLANT 3D. “By combining ATLANT 3D’s DALP® technology with A*STAR IMRE’s world-class materials expertise and NAMIC’s innovation ecosystem, we will create the world’s first high-throughput materials innovation foundry for advanced applications in semiconductors, silicon photonics, and advanced packaging technologies.”

“Through this collaboration with ATLANT 3D, we are bringing cutting-edge atomic layer processing capabilities into our materials development workflow, enabling us to accelerate the discovery and optimisation of functional thin film materials,” said Prof. Loh Xian Jun, Executive Director of A*STAR IMRE. “Combining ATLANT 3D’s expertise in advanced deposition technology with A*STAR IMRE’s deep materials science capabilities and world-class characterisation infrastructure strengthens our ability to translate research into practical outcomes for Singapore’s advanced manufacturing industry.”

“The next frontier for humanity will require breakthroughs in materials with superior properties enabled by digital closed-loop additive processes,” said Dr. Ho Chaw Sing, Chief Executive Officer of NAMIC and Executive Director of A*STAR Science and Engineering Research Council. “A-HUB envisions to be a shared platform bringing research, industry and ecosystem partners closer together to accelerate super-materials from lab to factory floor, strengthening Singapore’s position as a global hub in next-generation materials and advanced manufacturing.”

For the full press release, please click here: https://atlant3d.com/atlant3d-astar-namic/ 

Learn more about ATLANT 3D at www.atlant3d.com.

Learn more about Agency for Science, Technology and Research (A*STAR) at www.a-star.edu.sg.

Learn more about NAMIC at https://namic.sg. 

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Lundbeck presents new Vyepti® (eptinezumab) and bocunebart migraine portfolio data at EAN 2026

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Five migraine presentations will showcase Lundbeck’s current and future approaches to migraine prevention, including new data for eptinezumab and Phase IIb PROCEED primary data for the investigational treatment, bocunebartEptinezumab data explore patient-centered outcomes in chronic migraine beyond traditional endpoints, including acute medication use, psychological well-being, and workplace productivity           Late breaker bocunebart presentation will provide further insight into pituitary adenylate cyclase-activating polypeptide (PACAP) pathway inhibition as a potential novel approach to migraine prevention in patients with prior preventive treatment failures           Lundbeck’s EAN 2026 program underscores the company’s commitment to addressing the broader burden of the disease and continued scientific innovation around existing unmet needs

VALBY, Denmark, June 24, 2026 /PRNewswire/ — H. Lundbeck A/S (Lundbeck) today announced that new migraine clinical data will be presented at the European Academy of Neurology (EAN) Congress 2026, taking place 27–30 June in Geneva, Switzerland. The presentations will include new analyses of eptinezumab data, exploring outcomes that reflect the wider burden of chronic migraine beyond migraine frequency alone. Lundbeck will also present Phase IIb PROCEED primary data for bocunebart, an investigational treatment targeting pituitary adenylate cyclase-activating polypeptide (PACAP) in development for migraine prevention.

Together, these EAN presentations highlight Lundbeck’s dual focus in migraine: optimizing the use of current preventive treatment options while advancing future therapeutic approaches for people who continue to experience substantial disease burden.

Bocunebart data provide insight into PACAP pathway inhibition in migraine prevention
Among the highlights at EAN 2026 are data for bocunebart, a monoclonal antibody (mAb) designed to inhibit PACAP, a neuropeptide implicated in migraine pathophysiology distinct from anti-calcitonin gene-related peptide (aCGRP). PROCEED evaluated the efficacy, safety, dosing and route of administration of bocunebart in adults with migraine for whom one to four prior preventive treatments had failed.

“The presentation advances the evolving scientific understanding of PACAP pathway inhibition as a potential novel approach to migraine prevention for patients that continue to experience suboptimal disease control despite current preventive treatment options,” said Andrew Blumenfeld MD, Cedars Sinai Los Angeles and presenter of the PROCEED findings at EAN 2026.

Eptinezumab data highlight patient-centered measures of migraine prevention
Lundbeck will also present new analyses from the Phase III SUNRISE and Phase IV RESOLUTION trials on eptinezumab, exploring treatment outcomes that reflect the wider clinical, functional and psychological burden of migraine.

Three presentations from the RESOLUTION trial will focus on adults living with chronic migraine and medication-overuse headache (MOH), a patient population in which migraine prevention is complicated by frequent headache, high acute medication use and substantial disease burden.

The analyses will examine treatment outcomes with eptinezumab across different European countries, patterns of acute medication use over time, and changes in symptoms of anxiety and depression that commonly accompany chronic migraine. In addition, the SUNRISE analysis will explore the impact of eptinezumab on workplace productivity and activity impairment in chronic migraine across regions in Asia and Europe.

“The burden of migraine extends well beyond the number of headache days. For many people living with migraine, the disease can affect multiple aspects of daily life, yet these impacts are not always fully captured in traditional measures of treatment benefit,” said Johan Luthman, Executive Vice President and Head of Research & Development at Lundbeck. “At EAN 2026, we are presenting data that reflect a broader view of migraine prevention, while also advancing scientific understanding of PACAP pathway inhibition through our investigational molecule bocunebart. Together, these presentations reflect Lundbeck’s commitment to advancing brain health in areas of unmet need.”

Details of Lundbeck presentations at EAN 2026

Data presentations

Therapeutic  area

Presentation content

Presentation Type

Reference

Migraine preventionBocunebart

Efficacy and safety of bocunebart, an anti-PACAP monoclonal antibody, in adults with migraine for whom prior preventive treatments have failed

Late breaking session: Poster presentation

Mon, 29 June  14:15-15:15 CEST (EPO-071) Booth A1

Migraine preventionEptinezumab

Impact of eptinezumab on acute medication use in participants with chronic migraine and medication-overuse headache: 24-week data from the RESOLUTION trial

ePoster
Presentation

Sat, 27 June 14:40-14:45 CEST (EPO-0249)

Migraine preventionEptinezumab

Efficacy of eptinezumab in adults with chronic migraine and medication-overuse headache who also received patient education: country-level results from the RESOLUTION trial

ePoster
Presentation

Sun, 28 June 15:05-15:10 CEST  EPO-0583

Migraine preventionEptinezumab

Changes in anxiety and depression symptoms in patients with chronic migraine and medication-overuse headache in the RESOLUTION trial

ePoster
Presentation

Sat, 27 June 12:45-12:50 CEST  EPO-0083 

Migraine prevention  Eptinezumab

Impact on workplace productivity following preventive treatment with eptinezumab: region-based analyses from the Phase III SUNRISE trial

ePoster
Presentation

Sun, 28 June 13:25-13:30 CEST  EPO-0416

Sponsored scientific symposium and forum presentation

Therapeutic area

Title

Speakers

Reference

Migraine

Optimizing the treatment trajectory: Raising the bar for migraine prevention

Piero Barbanti, Andreas
Gantenbein, Francesca Puledda

Sun, 28 June 14:15-15:15 CEST
Room: Vienna

Multiple system
atrophy (MSA)

Recognizing multiple system atrophy: From early symptoms to timely referral and diagnosis

Günter Höglinger

Sun, 28 June 10:15-10:30 CEST
Venue: Scientific Theatre 

About migraine
Migraine is a complex and incapacitating neurological disease characterized by recurrent episodes of severe headaches typically accompanied by an array of symptoms, including nausea, vomiting, and sensitivity to light or sound.[1] Not only is migraine painful but also imposes both a social and financial burden. Migraine has a profound impact on patient functioning including relationships with family/friends, leisure activities, household production and work productivity.

Migraine is one of the most prevalent neurological diseases for which medical treatment is sought and is considered the leading cause of disability for people under the age of 50 and the 2nd leading cause of disability worldwide.[2],[3] Repeated migraine attacks, and often the constant fear of the next one, damage family life, social life and work life. As migraine frequency and severity increase, attacks become harder to control, requiring patients to take more headache medication while experiencing less relief. This cycle contributes to a greater disease burden and, without appropriate preventive management, can lead to further worsening and chronification of migraine.[4]

About Vyepti® (eptinezumab)
Eptinezumab is a humanized mAb that binds to CGRP which was developed for intravenous (IV) administration. The efficacy and safety of eptinezumab 100 mg and 300 mg was investigated in two Phase III clinical trials (PROMISE-1 in episodic migraine[5] and PROMISE-2 in chronic migraine).[6] In both trials, eptinezumab met its primary endpoint of reducing mean monthly migraine days (MMD) over weeks 1-12 in both episodic and chronic migraine. The safety of eptinezumab was evaluated in more than 2,000 adult patients with migraine who received at least one dose of eptinezumab. The most common adverse reactions (≥2% and at least 2% or greater than placebo) in the clinical trials for the preventive treatment of migraine were nasopharyngitis and hypersensitivity. Approximately 8% of patients on 300 mg, 6% of patients on 100 mg and 6% of patients on placebo in PROMISE-1 and PROMISE-2 experienced nasopharyngitis. In PROMISE-1 and PROMISE-2, 1.9% of patients treated with eptinezumab discontinued treatment due to adverse reactions.

VYEPTI (eptinezumab-jjmr) was approved by the U.S. Food and Drug Administration (FDA) for the preventive treatment of migraine in adults in February 2020, and in January 2022, eptinezumab was granted marketing authorization by the European Commission (EC) for the prophylaxis of migraine in adults who have at least four migraine days per month. Today, eptinezumab is launched in more than 30 markets worldwide.

About the SUNRISE trial
SUNRISE (NCT04921384) was an interventional, multi-regional, multi-site, randomized, double-blind, placebo-controlled Phase III trial, to confirm the efficacy and safety of eptinezumab in participants with chronic migraine who are eligible for preventive treatment.2 The trial enrolled 983 adult participants who were randomly allocated to one of three treatment groups: eptinezumab 300 mg, eptinezumab 100 mg, or placebo.

The primary endpoint was the change from baseline in monthly migraine days (MMDs) during Weeks 1–12. Key secondary endpoints included the achievement of a ≥ 50% reduction in MMDs over Weeks 1–12, achievement of a ≥ 75% reduction in MMDs over Weeks 1–4 and Weeks 1–12, and the percentage of participants experiencing a migraine on Day 1. Other secondary and exploratory endpoints assessed overall migraine responder rates, long-term maintenance of effect, and the safety and tolerability of eptinezumab in this patient population. The trial was conducted to support marketing authorization across Asia.

About the RESOLUTION trial
The RESOLUTION trial (NCT05452239) was a Phase IV, multi-national, randomized, double-blind, placebo-controlled trial. The trial enrolled 608 participants with dual diagnoses of chronic migraine and MOH, and participants were randomly allocated to one of two treatment groups, brief educational intervention (BEI) and eptinezumab (100 mg; n = 305) or BEI and placebo (n = 303), in a 1:1 ratio.

RESOLUTION is the first randomized controlled trial to assess the efficacy of an anti-CGRP treatment in combination with structured patient education in chronic migraine and MOH. The primary endpoint was the change from baseline in monthly migraine days over weeks 1-4. Key secondary endpoints included change from baseline in average daily pain assessment score (as accessed by 3-point pain intensity scale, mild, medium, severe) and change from baseline in acute medication use over 1-12 weeks.  Other secondary and exploratory endpoints assessed monthly migraine days over weeks 1-12, MOH remission, transition from chronic to episodic migraine, reductions in headache-related burden, migraine-related disability, work productivity loss, activity impairment, and the safety and tolerability of eptinezumab in this patient population. The participants in the RESOLUTION trial were mainly from European countries.

About bocunebart
Bocunebart is an investigational mAb with a novel mechanism of action. It was engineered to bind to and inhibit the signaling of PACAP, a neuropeptide implicated in migraine pathophysiology. This mechanism operates through a pathway distinct from that targeted by anti-CGRP therapies.[7] Bocunebart met its primary endpoint in the Phase IIb PROCEED and is being investigated for the preventive treatment of migraine as a potential alternative approach to existing treatment classes.

Bocunebart is not approved by the US Food and Drug Administration (FDA) or any other regulatory agency, and the efficacy and safety of bocunebart have not been established.

About the PROCEED migraine trial
The PROCEED (NCT06323928) trial assessed the efficacy, safety, and tolerability of bocunebart versus placebo when administered once monthly for three months. The Phase IIb trial was designed to inform dose selection and route of administration for future development. In the IV part of PROCEED, a total of 429 patients from 14 countries were treated. The primary efficacy endpoint was defined as the difference between bocunebart and placebo in mean change from baseline in MMDs over Weeks 1 to 12.

The target population for this trial included adults with migraine according to the International Classification of Headache Disorders, Third Edition (ICHD-3) who had experienced treatment failure with one to four different preventive migraine medications within the past 10 years.

Contacts

Anders Crillesen                                Jens Høyer   
Senior Director,                                  Vice President,   
Internal & External Relations             Head of Investor Relations 
AECE@lundbeck.com                      JSHR@lundbeck.com
+45 27 79 12 86                                +45 30 83 45 01

About H. Lundbeck A/S
Lundbeck is a biopharmaceutical company focusing exclusively on brain health. With more than 70 years of experience in neuroscience, we are committed to improving the lives of people with neurological and psychiatric diseases.

Brain disorders affect a large part of the world’s population, and the effects are felt throughout society. With the rapidly improving understanding of the biology of the brain, we hold ourselves accountable for advancing brain health by curiously exploring new opportunities for treatments.

As a focused innovator, we strive for our research and development programs to tackle some of the most complex neurological challenges. We develop transformative medicines targeting people for whom there are few or no treatments available, expanding into neuro-specialty and neuro-rare from our strong legacy within psychiatry and neurology.

We are committed to fighting stigma and we act to improve health equity. We strive to create long term value for our shareholders by making a positive contribution to patients, their families and society as a whole.

Lundbeck has more than 5,000 employees in more than 20 countries and our products are available in more than 80 countries. For additional information, we encourage you to visit our corporate site www.lundbeck.com and connect with us via LinkedIn.

References:

[1] Headache Classification Committee of the International Headache Society (IHS). The International Classification of Headache Disorders, 3rd Edition. 2018. 38(1): p. 1-211.

[2] Steiner TJ, et al. J Headache Pain. 2018;19(1):17. 

[3] Leonardi M, et al. J Headache Pain. 2005; 6(6):429– 440. 

[4] Lipton RB, et al. J Neurol. 2023;270(12);5692–5710.

[5] Ashina M, et al. Cephalalgia. 2020;40(3):241-254. 

[6] Lipton RB, et al. Neurology. 2020;94(13):e1365-e1377.

[7] Al-Karagholi, M.AM., Zhuang, Z.A., Beich, S. et al. J Headache Pain 26, 79 (2025).

CONTACT:

H. Lundbeck A/S
Ottiliavej 9, 2500 Valby, Denmark
+45 3630 1311
info@lundbeck.com 

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