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FinancingClosedDecember 17, 2024

StarPlus Energy lithium-ion battery cell factories — ~67 GWh/yr battery cell capacity, Kokomo, Indiana

DOE ATVM $7.54B loan to StarPlus Energy. Funds two adjacent lithium-ion battery cell factories in Kokomo, Indiana. JV between Stellantis and Samsung SDI. ~67 GWh/yr capacity.

$7.54B

Deal Value

Other

Technology

IN

Location

Deal Details

Deal Type
Project Finance
Deal Value
$7.54B ($6.85B principal + $688M capitalized interest)
Stage
Construction
ISO/RTO
MISO
Source
U.S. DOE

Finance Counterparties

Lenders & Capital Providers

loanGuarantor
U.S. Department of Energy (ATVM)

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