Project Horizon — EV manufacturing facility, Stanton Springs North, Georgia
Conditional commitment under ATVM program for Rivian's next-generation EV manufacturing facility.
$6.57B
Deal Value
Other
Technology
GA
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Rivian New Horizon LLC
- Buyer / Financier
- DOE Loan Programs Office
- Deal Value
- $6.57B
- Stage
- Under Construction
- ISO/RTO
- SERC
- Source
- DOE LPO
Capital Structure
$6.57B
Total transaction value
Tranches
- DOE ATVM loan - principal · DOE Loan Programs Office
- $5.97B
- DOE ATVM loan - capitalized interest · DOE Loan Programs Office
- $592M
Finance Counterparties
Lenders & Capital Providers
- lender
- DOE LPO (ATVM)
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