FREYR Battery Norway AS

FREY’s mission is to accelerate the decarbonization of all transportation and energy systems by delivering the world’s cleanest and most cost-effective batteries.

In January 2021, FREYR announced a business combination agreement with Alussa Energy Acquisition Corp. Upon closing in second quarter 2021, the combined company will be renamed “FREYR Battery” and be listed on the New York Stock Exchange. FREYR is expected to receive approximately $850 million in equity proceeds as a part of the business combination, enabling the company to accelerate the development of up to 43 GWh of clean battery cell manufacturing capacity in Norway by 2025. The facilities will be located in Mo i Rana, Northern Norway.

FREYR will supply high energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications.

Corporate HQ is located at Lysaker, Norway. For more information, please visit www.freyrbattery.com.