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Bookmark or Share- LPO Announces Conditional Commitment to Rivian to Support the ...As part of the Biden-Harris Administration’s Investing in America agenda, the Department of Energy’s (DOE) Loan Programs Office (LPO) today announced a conditional commitment to Rivian New Horizon, LLC for a direct loan of up to $6.57 billion (including $5.975 billion of principal and $592 million of capitalized interest) to finance the development and construction of Project Horizon, an ...
- Rivian receives conditional commitment from DOE for $6.6B for GA plant ...Rivian Receives Conditional Commitment for up to $6.6 Billion Loan from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Program Rivian receives conditional commitment from DOE for $6.6B for GA plant - Newsroom - Rivian
- Biden administration will loan $6.6 billion to Rivian to ... - FortuneThe money would come from the Advanced Technology Vehicles Manufacturing Loan Program, which has $17.7 billion to provide low-cost loans to make fuel-efficient vehicles and components.
- Rivian secures $6.6 billion loan for new plant - ElectrekMonday, Rivian announced that the loan includes $6 billion of principal and $600 million of capitalized interest. The news follows that of Rivian closing its $5.8 billion investment from ...
- Biden administration to loan $6.6B to EV maker Rivian to build Georgia ...President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the ...
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