Government loan converted into grant and generate positive income of SEK 9 million in the second quarter

FRI, MAY 31, 2024 15:10 CET

In 2011, Heliospectra was granted a conditional loan of SEK 9 million by the Governmental Swedish Energy Agency. The Swedish Energy Agency has now decided to convert the loan into a grant.

The decision means that Heliospectra's interest-bearing loan is reduced by SEK 9 million and the grant is reported as other income in the second quarter.