Global Trade Alert
Global Trade Alert

United States of America: Department of Energy provides loan for Indiana coal-powered fertilizer facility

Announcement

29 Oct 2025

In October 2025, the U.S. Department of Energy’s Loan Programs Office announced it closed a USD 1.5 billion loan to Wabash Valley Resources, LLC, to finance a coal-powered fertilizer facility in West Terre Haute, Indiana.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Oct 2025

Revocation date:

No revocation date

Last action: 31 Oct 2025
State loan In force
On 29 October 2025, the U.S. Department of Energy’s Loan Programs Office announced the approval of a USD 1.5 billion loan to Wabash Valley Resources LLC, to finance a coal- and ammonia-based fertilize...
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