Thacker Pass lithium processing plant (largest US lithium reserve, Nevada)
A&O Shearman represented DOE LPO. Supports production for ~800K EVs annually.
$2.26B
Deal Value
Other
Technology
NV
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Lithium Nevada Corp.
- Buyer / Financier
- US Department of Energy (LPO)
- Deal Value
- $2.26B
- Stage
- Unknown
- ISO/RTO
- WECC
- Source
- Industry Source
Capital Structure
Tranches
- Government Loan (DOE ATVM program, 24-yr term, incl. ~$290M capitalised construction interest) · U.S. Department of Energy Loan Programs Office
- $2.26B
- Strategic equity investment (two tranches) · General Motors
- $650M
Service Providers
Advisory & Legal
- Lender Counsel
- A&O Shearman
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