NYSE:FREY - New York Stock Exchange, Inc. - US35834F1049 - Common Stock - Currency: USD
FREYR Battery (NYSE: FREY) shares up on completing Trina Solar acquisition worth $340M. Expects full production by 2025, targeting annual EBITDA of $650M-$700M
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
InvestorPlace - Stock Market News, Stock Advice & Trading Tips FREYR Battery (NYSE:FREY) just reported results for the second quarter of 2024....
The hottest markets following the Fed's 25 basis point rate cut weren't big tech but the small caps, confirming the sector rotation which began over the summer.
FREY stock results show that FREYR Battery missed analyst estimates for earnings per share the second quarter of 2024.
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