Rivian, U.S. finalize $6.6. billion loan before Trump retakes office
The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant.
Biden’s Green Loan Office Offers Up A Staggering $22 Billion In Admin’s Final Hours
The Biden administration’s green loan office is shelling out nearly $23 billion to utility companies for green energy development and
Rivian and Plug Power close government loan deals just before Trump takes office
Just in time, clean-energy companies Rivian Automotive Inc. and Plug Power Inc. have closed loan agreements with the Biden administration that will fund the construction of manufacturing plants in the United States.
Feds finalizing billions for Rivian, plug power before Trump retakes office
The funding includes the closing of a federal loan to Rivian for the construction of a Georgia manufacturing plant.
Biden finalizes major loan to EV-maker Rivian days before Trump’s inauguration
The Biden administration has finalized a massive loan to electric vehicle (EV) maker Rivian just days before President-elect Trump takes office. The $6.57 billion loan will finance an electric vehicle plant in Georgia where the company,
Biden finalizing DoE loans for Plug Power, Rivian before Trump returns - Bloomberg
Plug Power (NASDAQ:PLUG) +1.7% and Rivian Automotive (RIVN) +1.1% in early trading Thursday following a Bloomberg report that the Biden administration is poised to finalize billions of dollars in financing for the two companies before President-elect Trump returns to the White House.
Rivian, Plug Power Stocks Draw Retail Buzz On Report of $8B Loan Push By Biden Ahead of Trump's Office Return
Rivian Automotive and Plug Power shares jumped in premarket trading Thursday, up nearly 2% and over 5%, respectively, drawing significant retail investor interest. The spike came after a Bloomberg report late Wednesday revealed that both companies might secure billions in financing from the Biden administration before Donald Trump assumes office next week.
Plug Power Wins Government Loan. CEO Is Confident About Trump Era.
The news comes just days before President Donald Trump takes office with plans to reduce support for clean energy companies.
PG&E Gets Record $15 Billion Loan in One of Biden’s Final Acts
The Biden administration finalized a record $15 billion loan guarantee to PG&E Corp. in one of the Biden’s administration’s ...
US announces nearly $23 billion in loans to energy utilities across 12 states
The U.S. Energy Department's loan office on Thursday announced $22.92 billion in conditional financing for several energy ...
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Energy Department announces $22.92 billion in loans to upgrade transmission
Utility projects supported by these loans are expected to add much-needed transmission capacity by building new transmission ...
Energy Dept. Backs $22 Billion in Loans to Reshape U.S. Power Grids
The loan guarantees are one of the final attempts by the outgoing Biden administration to encourage power companies to cut ...
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As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy
As a significant final move before the incoming Trump administration takes office, the Biden administration has announced ...
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Energy Department closes $1.2 billion in loans to Puerto Rico power producers
Loan guarantees by Loan Programs Office intend to finance grid enhancement to build resilience and expand access to ...
Plug Power Stock Charges Higher On $1.66B Department Of Energy Loan: The Details
Plug Power shares are trading higher in the after-hours session Thursday after the green hydrogen company announced a loan ...
Chart Reveals Trump Could Undo All of Biden's Student Loan Forgiveness
More than 5 million Americans have benefited under Biden's presidency due to his student loan forgiveness policies.