Eos Energy Closes $303.5 Million Loan Guaranteed by the U.S. Department of Energy to Support Project AMAZE and American Made Manufacturing Expansion
Eos Energy Enterprises, Inc. (EOSE)
Company Research
Source: GlobeNewswire
Loan supports next phase of Company’s growth, expected to bring annual production capacity to 8 GWh, meeting long duration battery energy storage systems’ growing demand First Title 17 Battery loan closed under the current administration after an application and approval process that began in January 2021 Loan supports innovative technology development and closes 15 months after conditional loan commitment and detailed due diligence review Eos’ technology combined with Cerberus Capital Management and DOE funding addresses critical needs essential to long-term United States energy security TURTLE CREEK, Pa., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced the successful closing of a $303.5 million loan guaranteed by the U.S. Department of Energy’s (“DOE”) Loan Programs Office (“LPO”) (“the DOE loa
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News
- Eos Energy Announces Factory 2 Location Search Outside Mon Valley Works to Support Growing Demand for American Made Energy Storage SolutionsGlobeNewswire
- Eos Energy Announces $68.3 Million First Funding from its $303.5 Million Department of Energy Loan Guarantee [Yahoo! Finance]Yahoo! Finance
- Eos Energy Announces $68.3 Million First Funding from its $303.5 Million Department of Energy Loan GuaranteeGlobeNewswire
- Eos Energy and FlexGen Partner to Accelerate a Fully Integrated American Made Stationary Storage Solution for Long Duration Storage Applications [Yahoo! Finance]Yahoo! Finance
- Eos Energy and FlexGen Partner to Accelerate a Fully Integrated American Made Stationary Storage Solution for Long Duration Storage ApplicationsGlobeNewswire
EOSE
Earnings
- 11/5/24 - Miss
EOSE
Sec Filings
- 12/20/24 - Form 8-K
- 12/18/24 - Form 4
- 12/17/24 - Form 3
- EOSE's page on the SEC website