Battery firm abandons plan for a $2.6 billion plant in Georgia [Yahoo! Finance Canada]
FREYR Battery, Inc. (FREY)
Company Research
Source: Yahoo! Finance Canada
Freyr Battery told officials in Newnan on Thursday that it wouldn't build a $2.6 billion plant that was supposed to hire more than 700 people, after sending a Jan. 21 letter to the Coweta County Development Authority announcing its plans to end the project. The factory would have built batteries to store electricity produced by renewable sources and release it later, company officials said. It would have been the second-largest battery factory worldwide when it was announced in 2023. But Freyr, a startup founded in 2018, never began construction on the 368-acre (149-hectare) site. Freyr, which moved its corporate headquarters from Norway to Newnan in part to maximize its eligibility for the U.S. tax benefits of President Joe Biden's climate law, said i
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FREY
News
- Former FREYR Battery CSO/CTO, Ryuta Kawaguchi Joins TeraWatt Technology as VP of Strategy [Yahoo! Finance]Yahoo! Finance
- T1 Energy Changes Stock Ticker Symbol to ‘TE’ from ‘FREY’ as Part of Global RebrandingBusiness Wire
- Freyr Battery cancels $2.6B Georgia battery factory plans [Yahoo! Finance]Yahoo! Finance
- FREYR Battery Rebrands as T1 EnergyBusiness Wire
- FREYR Battery to relocate headquarters to Austin, Texas [Seeking Alpha]Seeking Alpha
FREY
Sec Filings
- 2/14/25 - Form 8-K
- 2/10/25 - Form 8-K
- FREY's page on the SEC website