Foyen has assisted InnoEnergy in an early stage investment in a large-scale battery production facility in Norway

Published: 26. June 2019
Dispute resolution, Energy and Innovation, Land and Environment

InnoEnergy invested EUR 7.1 million in Freyr AS in order to enable the development of a large-scale battery production facility. Freyr’s factory will manufacture high-quality lithium-ion batteries for electric vehicles and energy storage. The factory, which will be built in in Rana Municipality, Norway, aims to establish a production capacity of 32GWh when fully built out, and it is expected to create thousands of jobs.

Foyen assisted InnoEnergy in the investment. The responsible partner at Foyen was Tomas Rudenstam.

For more information, please contact:

Tomas Rudenstam, Partner at Foyen +46 735 18 81 00, tomas.rudenstam@foyen.se

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