Harald Mix's Kallskär Faces Over 2 Billion SEK Loss in Green Investments
Harald Mix's Kallskär reports over 2 billion SEK loss due to green transition investments.
Key Points
- • Kallskär reports a loss exceeding 2 billion SEK for 2024.
- • Loss attributed to investments in Northvolt and Stegra.
- • Mix believes loss misrepresents true portfolio value.
- • Announcement highlights challenges in green technology investing.
Harald Mix, renowned for his venture capital endeavors, reported a staggering loss of over 2 billion Swedish Krona (SEK) for his investment firm Kallskär in 2024, primarily due to investments in green transition companies such as Northvolt and Stegra. These firms, critical players in the sustainable energy sector, have faced significant market challenges, contributing to Kallskär's financial downturn. Despite this bleak financial landscape, Mix expressed belief that the reported losses do not reflect the true potential and value trajectory of his investments. He argued that the market’s perception may be overly pessimistic, and the underlying value of these green companies remains robust. The announcements were made public on August 18, 2025, showcasing the continuing struggles investors face in the push for sustainable technologies.