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FinancingAnnouncedJanuary 25, 2022

Ultium Cells 3 — Lansing MI

Third Ultium plant after Lordstown OH + Spring Hill TN. 50 GWh; 1,700 jobs; 2.8M sq ft. Part of GM's $7B Michigan announcement. Note: Lansing later transferred to LG sole ownership (2025).

$2.60B

Deal Value

Battery Storage

Technology

MI

Location

Deal Details

Deal Type
Manufacturing Investment
Seller / Sponsor
GM + LG Energy Solution (Ultium Cells JV)
Buyer / Financier
GM + LG Energy Solution (Ultium Cells JV)
Deal Value
$2.6B
Stage
Construction
ISO/RTO
MISO

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