Global Trade Alert
Global Trade Alert

United States of America: DOE approves USD 305.3 million loan guarantee to Eos Energy Enterprises for battery production

Announcement

30 Nov 2024

In November 2024, the U.S. Department of Energy’s Loan Programs Office announced a USD 305.3 million loan guarantee to Eos Energy Enterprises to construct two advanced battery manufacturing lines in Pennsylvania.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Nov 2024

Revocation date:

No revocation date

Updated: 30 Nov 2024
Loan guarantee In force

In November 2024, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the approval of a loan guarantee of up to USD 305.3 million to Eos Energy Enterprises (Eos). This fundin...

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