Giga Arctic Factory - Norway

Giga Arctic, is located at "Sentraltomta", a site inside Mo industrial Park in Mo i Rana Northern Norway.

FREYR has elected to secure the Giga Arctic asset and minimize spending in 2024, but Freyr currently have plans in development for utilizing the Giga Arctic asset and the remaining site.

Key figures of Giga Arctic & Site:

  • The site "Sentraltomta" has a total area of ​​80,000 m2 with 50 years lease for plus options.
  • Today, the first phase of Giga Arctic asset has been built with a 86,000 m2 area, over several floors.
  • Close to 44.000 m2 area on the "Sentraltomta" site is still vacant for further development and construction.

The asset is secured for weather. Inside measures are taken with a maintained controled level of humidity and air circulation, as well as a resting temperature of 12 C.