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Lyten has finalized the purchase of Northvolt's assets in Sweden and will initiate battery manufacturing in Skellefteå. EdgeConneX will also set up a data center on the same site, representing another major industrial investment in the area.

The establishment of these two large-scale projects is anticipated to create an industrial cluster that promotes innovation and digital development. This development aligns with the EU's battery strategy, emphasizing the strategic importance of batteries for Europe's competitiveness. Skellefteå aims to strengthen its position in the battery value chain.