The deal in the waning days of the Biden administration could insulate the loan from attempts to cut back on the Department of Energy’s Loan Programs Office, analysts say.

Rivian said it closed a loan agreement with the U.S. Department of Energy for up to $6.6 billion to support construction of a new manufacturing facility in Georgia.

The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ensure the plant gets built.

Rivian has finalized a $6.6 billion loan agreement with the DOE to support the construction of a new manufacturing facility in Georgia.

The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant.

The Biden administration has finalized a massive loan to electric vehicle (EV) maker Rivian just days before President-elect Trump takes office. The $6.57 billion loan will finance an electric

Rivian announced it has closed its loan agreement with the U.S. Department of Energy’s DOE Loan Programs Office LPO for up to $6.6B in

Rivian Automotive shares are charging higher in Thursday's after-hours session after the company finalized a loan agreement with the U.S. Department of Energy.

The Biden administration cut a multi-billion dollar check for struggling electric vehicle (EV) maker Rivian Thursday, just days before President-elect

Rivian has secured a $6.6 billion loan from the U.S. Department of Energy to construct a cutting-edge manufacturing facility in Georgia. This investment Rivian secures a $6.6B loan to build a state-of-the-art EV manufacturing facility in Georgia,

This time it’s Atlanta-based TPA Group, which plans to erect a $5B, nine-building data center campus in Newton County called the Newton County Technology Park, according to an application with the Georgia Department of Community Affairs, which evaluates developments expected to have an impact on local infrastructure.