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Green Energy Company on the Brink of Bankruptcy Months After Winning a $375M Loan From Biden Admin

Summary by tfppwire.com
A battery recycling company backed by the Biden administration is warning it may shut down, despite being promised a $375 million government loan just days before President Biden left office. Key Facts: Li-Cycle Holdings received a $375 million loan commitment from the Department of Energy (DOE) in November 2023. The loan was finalized just two days after President Biden lost re-election. CEO Ajay Kochhar initially hesitated to apply due to fin…

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tfppwire.comtfppwire.com
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Green Energy Company on the Brink of Bankruptcy Months After Winning a $375M Loan From Biden Admin

A battery recycling company backed by the Biden administration is warning it may shut down, despite being promised a $375 million government loan just days before President Biden left office. Key Facts: Li-Cycle Holdings received a $375 million loan commitment from the Department of Energy (DOE) in November 2023. The loan was finalized just two days after President Biden lost re-election. CEO Ajay Kochhar initially hesitated to apply due to fin…

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Conservative ReviewConservative Review
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Green Energy Company on Brink of Bankruptcy Months After Winning $375 Million Biden Loan

A battery recycling company that the Biden administration urged to apply for a $375 million green energy loan in November warned investors this week that it’s at risk of going out of business.The post Green Energy Company on Brink of Bankruptcy Months After Winning $375 Million Biden Loan appeared first on .

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The Daily ScepticThe Daily Sceptic

Another Green Energy Retailer Goes Bust – The Daily Sceptic

Rebel Energy is the latest of 32 energy retailers to go bust since 2020. But if it wasn't so committed to its "mission" of battling injustices and saving the planet maybe it would still be a going concern, says Ben Pile.

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Climate Change DispatchClimate Change Dispatch
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energynewsbeat.coenergynewsbeat.co

After Getting Last-Minute $375M Biden Loan, Green Energy Firm On Brink Of Bankruptcy

Li-Cycle warns it will likely file for bankruptcy despite getting a $375M green energy loan from the Biden DOE a few months ago.

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Conservative Review broke the news in on Wednesday, April 2, 2025.
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