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10 Aug
15:29

Freyr pushes fast-tracking of Giga America targeting $1 billion equity funding

Norwegian battery start-up Freyr said on Thursday it is pushing ahead with plans to fast-track development of its proposed Giga America, for which it’s targeting fundraising of $1 billion. The company said in its Q2 2023 results report its management is holding presentations to select strategic and financial sponsors to support the project-level equity funding for Phase 1a. It anticipates closing negotiations in early Q4. Additionally, it has also started a…
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