US35834F1049 - Common Stock
FREYR BATTERY INC
NYSE:FREY (1/3/2025, 8:04:01 PM)
After market: 2.9201 +0.03 (+1.04%)2.89
+0.16 (+5.86%)
FREYR Battery, Inc. provides industrial scale clean battery solutions. The company is headquartered in Newnan, Georgia and currently employs 263 full-time employees. The company went IPO on 2020-01-10. The firm seeks to serve its primary markets of energy storage systems (ESS) and commercial mobility, including marine applications and commercial vehicles. Its facilities are located at Mo i Rana industrial complex in Northern Norway. The company is engaged in the development of its first clean battery cell manufacturing project in the United States (Giga America), which is located on a 368-acre parcel of land in Coweta County, Georgia. The firm's products consist of ESS, eMobility, and Electric Vehicle (EV). Its industrialized 24M semi solid technology, allows the Company to offer cell for ESS applications while surpassing or matching industry standard in cycle life, DoD, RTE, and LCOS.
FREYR BATTERY INC
6&8 East Court Square, Suite 300
Newnan GEORGIA
P: 16786323112
CEO: Daniel Barcelo
Employees: 263
FREYR Battery, Inc. (NYSE:FREY) shares are trading higher on Tuesday. The company closed its acquisition of Trina Solar's 5 GW solar module manufacturing facility in Wilmer, Texas, announced last month. The transaction includes $100 million in cash, a $50 million loan repayment, a $150 million loan note, and 9.9% of FREYR's stock, with a potential additional 11.5% stake through an $80 million convertible note. FREYR also assumed $235 million in facility debt. The Wilmer, Texas, solar module plan
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