FinancingClosedDecember 3, 2024

Project AMAZE — Zinc-bromine battery manufacturing expansion, Turtle Creek, Pennsylvania. Target 8 GWh/year capacity by 2027

First Title 17 battery manufacturing loan closed under Biden administration. Reduced from original $398.6M conditional commitment due to lower costs and Cerberus strategic investment. Supports up to 1,000 jobs.

$304M

Deal Value

Other

Technology

PA

Location

Deal Details

Deal Type
DOE Loan
Seller / Sponsor
Eos Energy Enterprises
Buyer / Financier
DOE Loan Programs Office
Deal Value
$303.5M
Stage
Construction
ISO/RTO
PJM

Finance Counterparties

Lenders & Capital Providers

lender
DOE LPO (Title 17)

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