FREYR Battery (FREY) Tops Q2 EPS by 30c

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FREYR Battery Reports Second Quarter 2022 Results

August 8, 2022 6:01 AM EDT

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)-- FREYR Battery (NYSE: FREY) (FREYR or the company), a developer of clean, next-generation battery cell production capacity, today reported financial results for the second quarter of 2022.

Highlights of the second quarter 2022 and subsequent events:

In June, FREYRs Board of Directors sanctioned the construction of its first commercial scale battery manufacturing facility, the 29 GWh nameplate capacity Giga Arctic development in Mo i Rana, Norway. Launched Giga Arctic project financing efforts in mid-July with the initiation of a market sounding process across a... More