DOE finalizes $9.8B in financing for Rivian, Plug… | Canary Media

Jan 17, 2025  · DOE finalizes $9.8B in financing for Rivian, Plug Power, Sunwealth, and Ioneer ... Biden’s DOE officials have stressed that the LPO ’s finalized awards are legally binding …


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DOE Finalizes $9.8B In Financing For Rivian, Plug… | Canary Media

3 weeks from now

Jan 17, 2025  · DOE finalizes $9.8B in financing for Rivian, Plug Power, Sunwealth, and Ioneer ... Biden’s DOE officials have stressed that the LPO ’s finalized awards are legally binding …

canarymedia.com

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Biden Finalizing DoE Loans For Plug Power, Rivian Before Trump …

3 weeks from now

Jan 16, 2025  · Plug Power (NASDAQ:PLUG) +1.7% and Rivian Automotive (RIVN) +1.1% in early trading Thursday following a Bloomberg report that the Biden administration is poised to …

seekingalpha.com

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US Finalizing Billions For Rivian, Plug Power Before Trump Retakes …

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Jan 16, 2025  · The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant. It also confirmed Latham, New …

yahoo.com

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Rivian And Plug Power Close Government Loan Deals Just Before

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Plug Power also announced late Thursday that it closed a $1.66 billion loan guarantee from the DOE that will help finance the construction of multiple plants throughout the U.S. that produce …

msn.com

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Biden Finalizes Major Loan To EV-maker Rivian Days Before Trump’s ...

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Jan 16, 2025  · The Biden administration has finalized a massive loan to electric vehicle (EV) maker Rivian just days before President-elect Trump takes office. The $6.57 billion loan will …

thehill.com

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DOE Announces $6.57 Billion Loan To Rivian To Support The …

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Jan 16, 2025  · As part of the Biden-Harris Administration’s Investing in America agenda, the Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a …

energy.gov

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Rivian Gets Strings-Attached OK For $6.6B DOE Loan

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Nov 26, 2024  · That initiative has $17.7 billion for low-cost loans to spur production of fuel-efficient vehicles and their components. Companies such as Nissan and Tesla also have received …

industryweek.com

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Rivian Gets Conditional DOE Loan Of $6.6B For Georgia Plant

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Nov 26, 2024  · Rivian Automotive (RIVN) has received a conditional loan approval of $6.6 billion from the U.S. Department of Energy (DOE) to build its long-pending Georgia plant. The loan …

nasdaq.com

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Rivian, Plug Power Win DOE Backing For Major Green Developments

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Industrial Info is tracking more than $10 billion worth of active projects across the U.S. from Rivian and Plug Power, which have major projects under construction in Illinois and New York, …

industrialinfo.com

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Biden Approves Over $8B In Energy Funding For Rivian, Plug Power

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Jan 17, 2025  · Outgoing US President Joe Biden approves funding for clean energy projects just days ahead of President-elect Donald Trump's return to the White House. The funding …

yahoo.com

FAQs about DOE finalizes $9.8B in financing for Rivian, Plug… | Canary Media Coupon?

Will the Biden administration finalize billions of dollars for Plug Power & Rivian?

Plug Power (NASDAQ: PLUG) +1.7% and Rivian Automotive (RIVN) +1.1% in early trading Thursday following a Bloomberg report that the Biden administration is poised to finalize billions of dollars in financing for the two companies before President-elect Trump returns to the White House. ...

Will Biden finance Plug Power & Rivian Automotive before Trump returns?

Biden administration set to finalize billions in financing for Plug Power and Rivian Automotive before Trump returns to White House, boosting stocks. ...

What does Rivian funding mean for electric vehicles?

Rivian, in a statement Thursday, said its financing would accelerate expansion of the company’s new R2 SUV and R3 crossover, and was “key to U.S. leadership in the electric vehicle industry.” Plug said its funding would be used for the construction of as many as six projects, the first to benefit being its Graham, Texas, green hydrogen plant. ...

Are PG&E & Rivian under threat from a US government shutdown?

(Bloomberg) -- Billions of dollars in federal loans to Rivian Automotive Inc., Plug Power Inc., PG&E Corp. and other companies are under threat because of a potential US government shutdown. ...

Will plug power get a $166 billion loan for hydrogen plants?

It also confirmed Latham, New York-based Plug Power will get a $1.66 billion loan guarantee for hydrogen plants. The financing comes as the Energy Department’s loan program — which effectively became a $400 billion green bank during Joe Biden’s presidency — faces new threats from Trump’s incoming administration. ...

Will Rivian build a hydrogen plant in Georgia?

The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant. It also confirmed Latham, New York-based Plug Power will get a $1.66 billion loan guarantee for hydrogen plants. ...

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