Overview

• The 110-hectare site near Heide has remained unused since Northvolt filed for insolvency in Sweden in March 2025 despite completed access roads.
• Public support for the project exceeds €1.3 billion, including €600 million in KfW loans backed by federal and state governments and about €700 million in EU-approved grants that remain unpaid.
• A Bundesrechnungshof audit has sharply criticized former Economy Minister Robert Habeck for downplaying financial risks in approving the subsidies.
• Schleswig-Holstein’s Minister-President Daniel Günther said there are interested investors but stressed the need for discretion to secure a deal.
• Minister-President Daniel Günther said domestic battery cell production at Heide is vital to reducing Europe’s reliance on Asian suppliers.