Court deals Rivian setback on PILOT bond plans for factory in Georgia
The decision by Ocmulgee Superior Courts Chief Judge Brenda Holbert Trammell questioned the feasibility of the EV maker's project and bonds that would back it.
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The decision by Ocmulgee Superior Courts Chief Judge Brenda Holbert Trammell questioned the feasibility of the EV maker's project and bonds that would back it.
(Reuters) - Georgia state officials said on Monday they were disappointed after a local court rejected a joint proposal to secure local incentives for...
A Morgan County judge has ruled against Rivian Automotive, denying the manufacture $15 billion in bonds to finance construction. Residents who oppose the plant are calling it a significant legal win.
(Reuters) - Georgia state officials said on Monday they were disappointed after a local court rejected a joint proposal to secure local incentives for Rivian Automotive Inc's $5-billion manufacturing plant in the state.
A state court in Georgia rejected a $1.5 Billion incentive to bring a Rivian factory to the state on the grounds that the proposal did not appear feasible.