FREYR Battery Announces Austin, Texas as Location for New Corporate Headquarters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 10 2025
0mins
Source: Yahoo Finance
FREYR Battery Establishes New Headquarters: FREYR Battery has chosen Austin, Texas as its new global headquarters to align with its operations and strategy for U.S.-made solar modules, aiming to create over 1,000 jobs in the local economy.
Sale of Georgia Site: The company is selling its 368-acre site in Coweta County, Georgia for $50 million as part of its relocation strategy, with expected net proceeds of $22.5 million after repaying grants.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
