LPO Announces Conditional Commitment for Loan to KORE Power…
The U.S. Department of Energy''s (DOE) Loan Programs Office (LPO) today announced a conditional commitment for an $850 million loan to help finance the construction of KORE Power, Inc.''s advanced battery cell manufacturing facility in Buckeye, Arizona. The facility, called "KOREPlex," aims to strengthen the domestic battery supply …
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