FREYR Battery (FREY) Tops Q4 EPS by 8c

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FREYR Battery Reports Fourth Quarter and Full-Year 2021 Results

February 28, 2022 6:00 AM EST

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)-- FREYR Battery (NYSE: FREY) (FREYR), a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full fiscal year 2021.

Highlights of the fourth quarter 2021 and subsequent events:

Signed first two conditional offtake agreements with Honeywell (NASDAQ: HON) and a global industrial player representing more than 50 GWh of cumulative volumes from 2023 2030 for Energy Storage Systems (ESS) applications. In negotiations with five additional companies for offtake agreements, which are... More