EU Grants €50M Loan for Swedish Ag Giant to Build Pea Protein Factory

The European Investment Bank has granted €50 million to Lantmännen, Sweden’s largest agricultural cooperative, to finance a pea protein isolate factory in Lidköping. This funding will cover approximately half of the project’s costs, aiming to enhance EU food security and reduce reliance on imported plant proteins.

Original excerpt: Lantmännen, Sweden’s largest farmer cooperative, has received a big boost from the EU to build a large-scale plant protein facility…

Source: Green Queen