FREYR Battery Receives Invitation from U.S. Department of Energy to Submit Part II Application for Giga America Title 17 Loan
NEW YORK & OSLO, Norway & LUXEMBOURG-FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, announced today that the U.S. Department of Energy (“DOE”) has invited the Company to submit the Part II loan application under the DOE Title 17 program for FREYR’s Giga America project.
“The Part II DOE loan application invitation is an important next step in FREYR’s journey to fund our Giga America project,” commented Birger Steen, FREYR’s Chief Executive Officer. “With our redomiciliation to the U.S. now approved by our