KORE Power Nets $850M Federal Loan for Arizona Facility
Rendering a KOREPlex project. Image credit: KORE Power Kore power has received a conditional commitment of $850 million from U.S. Department of Energy Supporting the construction of a battery factory in Arizona. The funding will be provided by the Department of Energy’s Office of Loan Programs and will support the construction of the KOREPlex advanced […]
KORE Power battery factory in Arizona gets $850M federal loan to build
The company that will operate the advanced battery plant slated for Buckeye has received a conditional commitment to an $850 million federal loan to build the facility. The U.S. Department of Energy financing will support KORE Power’s 1.33 million square foot facility to manufacture batteries for electric vehicles and trucks, as well as energy storage […]
Biden Vetoes Resolution To Block Student Loan Giveaway
President Joe Biden on Wednesday vetoed a bill aimed at blocking student loan payments, leaving the plan ultimately up to the Supreme Court. of measurement If the bill passed the House and Democratic-dominated Senate, it would have overturned the Department of Education’s 2022 plan to waive up to $20,000 in loans for some federal loan […]
Bureau of Reclamation offers $10 million loan to North Unit Irrigation District to replace old fish screens
MADRAS, Ore. (KTVZ) — The U.S. Department of the Interior on Wednesday announced a $585 million investment in repairs to water systems across the West. This includes making available her $10 million loan to the North Unit Irrigation District for the replacement of fish screens on the main canal. on the bend. All four of […]
Excelsior Mining Announces Extension of Nebari Loan and Us$3,000,000 Financing
PHOENIX, Arizona–(Newsfile Corp. – January 30, 2023)- Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQB: EXMGF) (“Excelsior” or “Company”) owns the Company and its wholly owned subsidiary, Excelsior Mining Arizona, Inc. (“Excelsior Arizona“) stands for Nebari Natural Resources Credit Fund I LP (“persistence“) Extending the maturity date of the existing USD 15 million credit facility […]
