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Redwood Materials receives conditional commitment for $2B DOE loan for battery materials campus project

Redwood Materials has received conditional commitment for a $2-billion loan from the DOEs Loan Program Office. Redwood will draw upon this milestone-based financing in tranches that support phased construction and allows the company to unlock funding as it accelerates the construction and expansion of its first battery materials campus. Once...
United States Loan Program Office Loan Programs Office Redwood Materials Material Nevada Northern Nevada

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