- Fluor will manage engineering, procurement, and construction for Phase One of Northvolt's battery factory in Germany.
- The project is valued at $4.8 billion (€4.5 billion).
- Fluor's work includes utilities and chemical units construction.
- Completion is scheduled for 2027.
Project Overview
Fluor Corporation has been awarded an engineering, procurement, and construction management (EPCM) services contract for Phase One of Northvolt’s large-scale lithium-ion battery factory in Heide, Germany. The project is part of a $4.8 billion (€4.5 billion) investment and will be recognized in the second quarter of 2024.
Northvolt's Role
Northvolt, a Swedish company, specializes in manufacturing batteries for consumer and industrial products, electric vehicles, and energy storage systems. This new facility in Germany aims to support the global shift from fossil fuels to renewable energy, particularly in the transport sector.
Scope of Work
Fluor’s responsibilities include the construction of utilities and chemical units for the greenfield campus. The project is scheduled for completion in 2027, marking a significant milestone in the development of sustainable energy solutions.
