FREYR Battery Announces New Global Headquarters and Site Sale

Summary

On February 10, 2025, FREYR Battery, Inc. announced its decision to relocate its global headquarters to Austin, Texas. This strategic move aligns the company's workforce with its U.S. solar module manufacturing operations. Simultaneously, the company entered into a definitive agreement to sell its 368-acre site in Coweta County, Georgia for gross sales proceeds of $50 million, with expected net proceeds of $22.5 million.