Redwood Materials receives conditional commitment for $2 billion loan from DOE

By Global Infrastructure Sherpa · Feb 8, 2024

Financing Battery Recycling And Materials announced United States Feb 8, 2024

USD2000M

Deal Value

The U.S. Department of Energy (DOE) announced a conditional commitment for a $2 billion loan to Redwood Materials to expand its domestic battery recycling and materials manufacturing capacity. The loan will support the construction of a new facility in Nevada.