FREYR Battery (FREY) said Monday it will move its global headquarters to Austin, Texas, and has signed a definitive deal to sell its site in Coweta County, Georgia to an undisclosed party for $50 million.
The company said the move will "geographically align" its workforce with the company's G1 solar module facility in Wilmer, Texas.
FREYR Battery expects to close the sale of its Coweta County site on Saturday.
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