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
- Seller / Sponsor
- StarPlus Energy LLC (Stellantis + Samsung SDI JV)
- Buyer / Financier
- U.S. Department of Energy (ATVM Program)
- 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)
Related Deals
Thacker Pass Phase 1 — 40,000 tpa lithium carbonate mining/processing facility, Humboldt County, Nevada
Lithium Americas Corp (with GM as 38% partner) → U.S. Department of Energy (ATVM Program)
$2.26B (DOE ATVM loan close)
BlueOval SK EV battery manufacturing — 120+ GWh/yr battery production capacity across 3 plants (BlueOval City TN + 2 Glendale KY plants)
BlueOval SK (Ford + SK On JV) → U.S. Department of Energy (ATVM Program)
$9.63B
SunZia Wind (3,515 MW) + SunZia Transmission (550-mile HVDC, 3,000 MW capacity) — largest clean energy infrastructure project in US history
Pattern Energy Group → Multiple (consortium)
$11B
Orion Solar Belt — 1.3 GW portfolio of 4 utility-scale solar projects (Orion I, Eiffel, Orion II, Orion III), Milam County, TX — 875 MWdc using 1.3M American-made First Solar modules
SB Energy Global (SoftBank / Ares Management) → J.P. Morgan, Bank of America, Morgan Stanley Renewables, Truist Bank, MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank, Société Générale
$2.4B+
RWE's first US green bonds — two tranches of $1B each (10-year and 30-year maturities) to fund US renewable energy projects across 146 solar, onshore wind, and battery storage sites
RWE AG → Multiple (bond investors)
$2B
Bayou Galion Solar — 127 MWdc solar project, Northeast Louisiana
Recurrent Energy (Canadian Solar) → Microsoft
$160M
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.