Global Trade Alert
Global Trade Alert

United States of America: The Department of Energy provides a loan guarantee to American Battery Solutions Inc

Announcement

03 Nov 2023

On 3 November 2023, the US government granted a loan guarantee to American Battery Solutions Inc as part of the programme Federal Loan Guarantees for Innovative Energy Technologies.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Nov 2023

Revocation date:

No revocation date

Updated: 03 Nov 2023
Loan guarantee In force
On 3 November 2023, the Department of Energy approved a loan guarantee worth USD 166 million to American Battery Solutions Inc located in Lake Orion, MI, United States of America. The support was gran...
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