FREYR Battery Sanctions Construction of its Inaugural Gigafactory
FREYR Battery, Inc. (FREY)
Company Research
Source: Business Wire
Increases plant capacity to 29 GWh, based on $1.6 billion in identified debt financing support, catalyzed by the Norwegian National Battery Strategy and Norway’s Export Credit Agency Eksfin’s indication of up to EUR 400 million in loans and/or guaranteesFREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway FREYR is increasing the nameplate capacity of Giga Arctic to 29 GWh in response to improving battery supply-demand dynamics, ongoing commercial success, significant progress in developing supply chain channels for key raw materials and equipment, continued technical and product improvements, and project financing visibility Earlier today at FREYR’s development site in Mo i Rana, the Norwegian Government outlined its National Battery Strategy, which includes significant support from Export Finance Norway (“Eksfin”) to assist FREYR with project fina
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FREY
News
- FREYR Battery Announces First Quarter 2024 Earnings Release and Conference Call Schedule [Yahoo! Finance]Yahoo! Finance
- FREYR Battery Announces First Quarter 2024 Earnings Release and Conference Call ScheduleBusiness Wire
- FREYR Battery Announces the Appointments of Todd Kantor, Tore Ivar Slettemoen, and David Manners to the Board of Directors [Yahoo! Finance]Yahoo! Finance
- FREYR Battery Announces the Appointments of Todd Kantor, Tore Ivar Slettemoen, and David Manners to the Board of DirectorsBusiness Wire
- Why Electric Vehicle and Affiliated Stocks Zoomed Higher Today [Yahoo! Finance]Yahoo! Finance
FREY
Earnings
- 2/29/24 - Beat
FREY
Sec Filings
- 4/24/24 - Form 3/A
- 4/24/24 - Form 4/A
- 4/24/24 - Form 4/A
- FREY's page on the SEC website