BRIEF-FREYR Battery Acquires Trina Solar'S U.S. Manufacturing Assets, Strengthens Board And Management-March 2024-www.financetom.com

BRIEF-FREYR Battery Acquires Trina Solar'S U.S. Manufacturing Assets, Strengthens Board And Management

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BRIEF-FREYR Battery Acquires Trina Solar'S U.S. Manufacturing Assets, Strengthens Board And Management

Nov 9, 2024 11:13 AM

Nov 6 (Reuters) - FREYR Battery Inc ( FREY ):

* FREYR BATTERY ANNOUNCES TRANSFORMATIVE ACQUISITION OF

TRINA

SOLAR'S U.S. MANUFACTURING ASSETS, ACTIONS TO STRENGTHEN BOARD

OF DIRECTORS AND MANAGEMENT TEAM

* FREYR BATTERY INC ( FREY ) - TO ACQUIRE TRINA SOLAR'S U.S.

MANUFACTURING

ASSETS

* FREYR BATTERY INC ( FREY ) - TOTAL CONSIDERATION TO TRINA SOLAR OF

$340

MILLION

* FREYR BATTERY INC ( FREY ) - DANIEL BARCELO ASSUMES ROLE OF CEO OF

FREYR

* FREYR BATTERY INC ( FREY ) - 2025 EBITDA GUIDANCE OF $75-$125

MILLION

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