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Rivian, Trump and Georgia
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.
Rivian finalizes $6.6B loan for its Georgia factory
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump's inauguration.
Rivian closes $6.6B federal loan for Georgia EV plant before Trump takes office
The deal in the waning days of the Biden administration could insulate the loan from attempts to cut back on the Department of Energy’s Loan Programs Office, analysts say.
Rivian Stock Rises as EV Maker Finalizes $6.6B DOE Loan to Build Georgia Plant
Key Takeaways Rivian Automotive shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia.The plant—set to be built "less than one hour's drive from downtown Atlanta,
Rivian, DOE Finalize Loan Agreement for Georgia Manufacturing Site
Rivian said it closed a loan agreement with the U.S. Department of Energy for up to $6.6 billion to support construction of a new manufacturing facility in Georgia.
Rivian Gets $6.6 Billion Loan to Open Georgia Manufacturing Plant
Rivian (NASDAQ:RIVN) closes on giant $6.6 billion loan from U.S. Department of Energy (DOE) to fund Georgia's state-of-the-art manufacturing facility. The new plant, to be located at the same location as the old factory of Lordstown Motors Corp.
Rivian secures $6.6B in funding for new EV plant in Georgia
Rivian has finalized a $6.6 billion loan agreement with the DOE to support the construction of a new manufacturing facility in Georgia.
$6.6 billion federal loan for Rivian’s Georgia plant finalized
The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ensure the plant gets built.
Rivian and DOE finalize loan deal for up to $6.6B for Georgia facility
Rivian announced it has closed its loan agreement with the U.S. Department of Energy’s DOE Loan Programs Office LPO for up to $6.6B in
Rivian secures its $6.6B Department of Energy loan for Georgia manufacturing facility
Rivian Automotive (NASDAQ:RIVN) took another step forward by announcing on Thursday that the company closed its loan agreement with the U.S. Department of Energy’s Loan Programs Office. The agreement is for up to $6.
Rivian Closes $6.6 Billion Loan For Georgia EV Factory
Rivian has completed an agreement with the U.S. Department of Energy that will see it get a $6.6 billion loan it will use to build a new factory in Georgia. The loan was preliminarily approved in November and its closure came with urgency as the future of the department’s loan program for clean vehicle projects under the incoming Trump administration is unclear.
10h
on MSN
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 ...
13h
Where Will Rivian Be in 1 Year?
The joint venture gives Rivian up to $5.8 billion, of which $2.3 billion was already paid out in 2024. Throughout 2025 and ...
E&E
14h
DOE issues 3 more loans for EVs, hydrogen, virtual plants
The Department of Energy on Thursday finalized three new loans totaling more than $8.5 billion, just days before ...
Atlanta Journal-Constitution
1d
Federal loan for Rivian’s Georgia plant finalized
A federal loan expected to be worth $6 billion to electric vehicle maker Rivian to finance construction of the company's planned Georgia factory was finalized Thursday.
1d
Rivian Stock Is Racing Higher After Hours: What's Going On?
Rivian Automotive shares are charging higher in Thursday's after-hours session after the company finalized a loan agreement ...
1d
on MSN
Why Rivian Stock Topped the Market Today
Success with auto manufacturing depends to no small extent on the number of units a manufacturer can produce. In the press ...
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