FREYR Battery appoints Executive VP to lead global corporate development

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Jeremy Bezdek, Executive Vice President of Global Corporate Development and President for FREYR Battery U.S

FREYR Battery, a developer of clean, next-generation battery cell production capacity, has announced the appointment of Jeremy Bezdek to the position of Executive Vice President of Global Corporate Development and President for FREYR Battery U.S.

ā€œOur Giga America phased development is accelerating, catalyzed by the Inflation Reduction Act, and based on the Giga Arctic blueprint for a world-leading Gigafactory in Coweta Country, Georgia. In parallel, FREYR is also significantly expanding its strategic ecosystem of technologies, customers, and industrial scaling partners. For this important phase of FREYRā€™s development in the U.S. and globally, we need seasoned leaders like Jeremy with deep expertise in innovation, business development and strategy,ā€ said Tom Einar Jensen, Co-Founder, and CEO, of FREYR.

Tom Einar Jensen, Co-Founder and CEO, FREYR

Jeremy Bezdek comes from the position of Managing Director, Strategic Platforms at Koch Industries. Prior to joining FREYR, Jeremy spent over 26 years with Koch Industries companies in a variety of executive and leadership roles. A seasoned expert in the energy sector, Jeremy has led Flint Hills Resources Biofuels and Ingredients business and Innovation and M&A team. Under his leadership, the team was very active in acquisitions and joint ventures, as well as making multiple investments in early-stage development companies related to refining, biofuels and chemicals industries. In his most recent role as managing director of Koch Strategic Platforms (KSP), Jeremy has lead investments as part of KSPā€™s energy transformation vertical and served on the board of several energy transition companies. Jeremy graduated from the University of Kansas and currently resides in Kansas.

ā€œAs a Board Director for FREYR, I have been a witness to the companyā€™s incredible development so far, and now as part of the executive team, I get to play a role in driving that development in an operational capacity. This is an exciting time to be at the heart of the battery industry, as we are on the precipice of a monumental shift, one that I believe will forever change our energy systems and position batteries as an essential part of ensuring a stable supply of power to our worldā€™s population,ā€ says Bezdek.

FREYR recently announced the selection and purchase of a site in Coweta County, Georgia for multi-phase Giga America clean battery manufacturing project. Giga America positions FREYR to meet the growing demand for energy storage systems (ESS) with U.S.-based conditional offtake partners. FREYR is also evaluating clean power supply solutions for Giga America with utility providers in the region, including the potential development of a dedicated solar plus storage facility. Upon completion of all the contemplated construction phases, the Giga America complex is expected to be one of the largest battery cell manufacturing developments globally.

FREYR has also previously announced the opening of its technology center in Boston, in close proximity to FREYRā€™s technology partner 24M, enhancing technology development, collaboration, personnel development, and strategic coordination.

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