NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingClosedDecember 16, 2024

BlueOval SK EV battery manufacturing — 120+ GWh/yr battery production capacity across 3 plants (BlueOval City TN + 2 Glendale KY plants)

DOE direct loan to BlueOval SK (Ford + SK On JV) — among the largest DOE clean energy loans in history. Funds construction of 3 lithium-ion battery cell plants: BlueOval City Tennessee + 2 Glendale Kentucky facilities. 120+ GWh/yr aggregate capacity. Critical to US EV battery supply chain.

$9.63B

Deal Value

Other

Technology

KY, TN

Location

Deal Details

Deal Type
Project Finance
Deal Value
$9.63B
Stage
Construction
ISO/RTO
Multiple
Source
U.S. DOE

Finance Counterparties

Lenders & Capital Providers

loanGuarantor
U.S. Department of Energy (ATVM)

Related Deals

Get deals like this in your inbox

Free weekly clean energy deal intelligence. Every Monday.

← Back to Deal Database