FREYR BATTERY Forum: Community User: Mountainclimber

In July, FREYR announced that the Company was awarded a €100 million grant from the European Union Innovation Fund (“EUIF”) to support the development of the Giga Arctic project in Mo i Rana, Norway. The grant, which is expected to be funded during the construction of Giga Arctic and over time with GHG avoidance, is aligned with the EUIF’s efforts to promote localized production of battery solutions in the European Economic Area. Die 100 Millionen Euro Förderung der EU dürften noch nicht (oder erst teilweise) geflossen sein.