Global Trade Alert
Global Trade Alert

United States of America: DOE approves USD 7.54 billion loan guarantee to StarPlus Energy for lithium-ion battery plants

Announcement

17 Dec 2024

In December 2024, the U.S. Department of Energy’s Loan Programs Office announced a USD 7.54 billion loan guarantee to StarPlus Energy LLC to construct battery manufacturing plants in Indiana.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

17 Dec 2024

Revocation date:

No revocation date

Loan guarantee In force

On 17 December 2024, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the approval of a USD 7.54 billion loan guarantee to StarPlus Energy LLC. The funding will support the c...

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