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Reading: Quebec Judge Declares Northvolt Insolvent as Province Recovers $200 Million
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CanadaWorld News

Quebec Judge Declares Northvolt Insolvent as Province Recovers $200 Million

The Canadian Press
Last updated: September 6, 2025 5:43 am
The Canadian Press
3 weeks ago
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Quebec Judge Declares Northvolt Insolvent as Province Recovers $200 Million
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Canada

Quebec Judge Declares Northvolt Insolvent as Province Recovers $200 Million

Signage is seen at the entrance to the Northvolt plant, dubbed Northvolt Six, in Saint-Basile-le-Grande, Que., on March 27, 2025. The Canadian Press/Christinne Muschi

The Canadian Press

The Canadian Press

9/5/2025|Updated: 9/5/2025

A Quebec Superior Court judge has declared insolvent the North American branch of battery maker Northvolt as the provincial government looks to recover $260 million owed to it by the company.

Justice Janet Michelin on Friday placed Northvolt Batteries North America under creditor protection at the request of the Quebec government.

The Canadian Press

The Canadian Press

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