Green Car Congress

DECEMBER 9, 2011

These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. Construction of the Kinross facility is anticipated to start in the next three to six months and is expected to be completed by year-end 2013.

Financing 210

Financing Commercial Michigan Corporation 210

Electric Cars Report

FEBRUARY 6, 2023

Faraday Future, a California-based electric vehicle startup, announced a series of definitive agreements for financing, as well as an important modification to a major provision in the terms of the warrants in the original FF secured financing agreements.

Financing 119

Financing Future California All-Electric 119

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

Climate Change 429

Climate Change Commercial Financing Global 429

Green Car Congress

JANUARY 11, 2021

Phase I work is part of multi-phase development schedule that forms the basis of definitive agreements required in a trilateral partnership with Conoship International Projects BV from the Netherlands and Vega Reederei and Partners GmbH (VEGA) from Germany targeting zero-emission shipping markets with next generation redox flow batteries.

Mariner 428

Mariner Batteries Battery Netherlands 428

Green Car Congress

MARCH 13, 2021

The IPCEI program can finance the network construction in part. However, the financing of network operation requires a long-term solution to the charging issue in the EnWG. The definition of the electricity purchase criteria is still outstanding here.

Hydrogen 435

Hydrogen Green Europe Gas-Electric 435

Green Car Congress

MAY 4, 2017

has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The agreement with HCS is a key milestone for Gevo and represents our first definitive purchase agreement for long-term supply from our first commercial scale hydrocarbon site.

Supplies 150

Supplies Renewable Commercial Minnesota 150

Green Car Congress

JANUARY 3, 2023

The financing is subject to the negotiation and execution of definitive agreements between Eve and BNDES in connection with such credit lines, as well as the satisfaction of certain conditions to be set forth in such definitive agreements.

Climate Change 199

Climate Change Financing Climate Grant 199

Green Car Congress

APRIL 30, 2023

Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

Energy 210

Energy Financing Renewable Denmark 210

Green Car Congress

AUGUST 28, 2012

has entered into a definitive agreement with Talison Lithium Limited to acquire all of the outstanding shares of Talison in an all-cash transaction for C$6.50 Rockwood intends to finance the acquisition using existing cash on its balance sheet and new debt financing. Earlier post.).

Financing 218

Financing Legal Australia 2011 218

Green Car Congress

DECEMBER 14, 2021

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp.

Electric Motorcycles 418

Electric Motorcycles Motorcycles Companies Electrical 418

Green Car Congress

JULY 23, 2010

have entered into a definitive agreement for GM to acquire AmeriCredit, a leading independent auto finance company, in an all-cash transaction valued at approximately $3.5 Direct ownership of AmeriCredit’s expertise will provide consistent availability of non-prime financing for GM customers throughout all economic cycles.

GM 186

GM Financing Dealers General Motors 186

Green Car Congress

OCTOBER 20, 2021

HT Aero (Huitian), an urban air mobility (UAM) company and an affiliate of XPeng ( earlier post ), entered into a definitive agreement with a consortium of investors to raise more than US$500 million for its Series A capital funding. The funding round is led by IDG Capital, 5Y Capital and XPeng Inc.

Companies 259

Companies 2013 Financing IDEA 259

Green Car Congress

SEPTEMBER 11, 2022

FEED will conclude in H1 2023 and position Piedmont to sign an EPC contract for the construction of Tennessee Lithium upon completion of permitting and project financing activities. As part of FEED, Kiewit and Primero are expected to complete a Definitive Feasibility Study (DFS) for Tennessee Lithium by the end of 2022.

Tennessee 243

Tennessee Ghana North Carolina Financing 243

Green Car Congress

FEBRUARY 18, 2010

Customers include the majority of leading finance institutions, contract hire and leasing companies, vehicle retail groups and insurance companies. We are speaking to all manufacturers involved so we can definitively address these questions as soon as possible.

Electric Vehicles 225

Electric Vehicles Vehicles Financing Electrical 225

Green Car Congress

JANUARY 6, 2021

Ideanomics signed a definitive agreement to acquire 100% of privately held Wireless Advanced Vehicle Electrification, Inc. WAVE complements our Medici Motor Works and Treeletrik businesses, and our investment in Solectrac, and is aligned with our MEG division’s Sales to Financing to Charging (S2F2C) model.

Charging 170

Charging Kenworth Financing Utah 170

Green Car Congress

MARCH 7, 2021

This financing, together with a combination of Sibanye-Stillwater’s extensive mining expertise that will complement the skills and local knowledge of the experienced Keliber team, will ensure the continued progress of the project to a build ready phase. The project financing would include both a debt and equity component.

Finland 243

Finland Batteries Battery Financing 243

Green Car Congress

JANUARY 31, 2012

Finalization and execution of the binding Definitive Agreements are expected in the near future. Another affiliate offers financing services. —John McKinney, president Navistar Global Bus. The two companies recently signed a non-binding agreement and negotiations are at an advanced stage.

San Marino 218

San Marino America Commercial Monaco 218

Green Car Congress

DECEMBER 17, 2020

Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states. Over the past 10 years, HVIP has committed to supporting the purchase of more than 4,000 zero-emission trucks and buses with vouchers requested by California fleets.

Batteries 448

Batteries Battery Fuel Electrical 448

Green Car Congress

MAY 3, 2011

in financing ( earlier post ), conditionally secures medium-term funding and includes financing in the form of subscription agreements in the amount of €150 million (US$222 million) as well as a strategic alliance for China including joint ventures on manufacturing, technology and distribution. Spyker Cars N.V.

Automobile 186

Automobile Motors Motor Motoring 186

Green Car Congress

JUNE 4, 2012

BIOX Corporation, Canada’s largest biodiesel producer, signed definitive agreements with International-Matex Tank Terminals (IMTT) to secure the site and related infrastructure for the construction of its second biodiesel production facility. BIOX’s second facility will have a 100 million liter annual capacity (26.4

New York 246

New York Production Building New Jersey 246

Green Car Congress

JANUARY 11, 2011

DuPont recently announced it had entered into a definitive agreement for the acquisition of Danisco, a global enzyme and specialty food ingredients company, for $5.8 The acquisition is expected to be financed with about $3 billion in existing cash and the remainder in debt.

Financing 199

Financing Global Economy Renewable 199

Green Car Congress

JANUARY 22, 2012

Genomatica and Novamont have signed a definitive agreement establishing a joint venture (JV) for the first industrial plant in Europe producing butanediol (BDO) directly from renewable feedstocks. This follows the announcement on 18 August 2011 of a letter of intent between the companies. Earlier post.).

Italy 210

Italy Renewable Convert Purchase 210

Green Car Congress

DECEMBER 24, 2011

has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities. The financing was led by a combination of new and existing shareholders. Canada-based Osum Oil Sands Corp. The placement will consist of 21.2 million common shares at $12.50

Oil-Sands 210

Oil-Sands Singapore Oil Legal 210

Green Car Congress

NOVEMBER 8, 2018

Electrify America uses definitions for low-income communities (LIC) and disadvantaged communities (DAC) established by the State of California, which are published and mapped by the California Air Resources Board (CARB) on its “Disadvantaged and Low-income Communities Investments” webpage. Electrify America is investing $2.7

America 329

America California Los Angeles San Diego 329

Green Car Congress

MAY 12, 2011

million) convertible loan, subject to definitive transaction documentation and certain conditions. Spyker had indicated when the agreement was announced earlier in May that the transaction with Hawtai was subject to definitive transaction documentation and certain conditions, which included the consent of different stakeholders.

Motors 199

Motors Motor Motoring Automobile 199

Green Car Congress

SEPTEMBER 10, 2009

Several key issues will be finalized over the next few weeks to secure the binding agreements, including the written support of the labor unions to support the deal with the necessary cost restructuring for viability and the finalization of a definitive financing package from the German government.

GM 170

GM International Global Parts 170

Green Car Congress

JULY 21, 2021

The transactions between Textron Aviation and Surf Air Mobility are subject to certain closing conditions, including the receipt of financing by Surf Air Mobility. In February, Surf Air Mobility entered into a definitive agreement to acquire hybrid electric aviation technology pioneer Ampaire. Surf Air Mobility Inc., a Textron company.

Hybrid 221

Hybrid Financing Connect Connected 221

Green Car Congress

AUGUST 8, 2012

According to the proposed terms of the strategic agreement, if the entire amount of the initial debt financing is provided to A123 and the full amount of the warrants and Convertible Notes are issued and exercised for cash, Wanxiang’s total capital investment in A123 from these agreements would total approximately $450 million.

2012 273

2012 2011 Convert Corporation 273

Green Car Congress

JULY 30, 2023

Canada is also committed to phasing out public financing of the fossil fuel sector. This refers to financing beyond the scope of the fossil fuel subsidies commitment. definition of subsidies as a reference. Canada is the only G20 country to phase out inefficient fossil fuel subsidies ahead of the 2025 deadline.

Canada 150

Canada Fuel Climate Change Financing 150

Green Car Congress

MAY 8, 2019

Marvell intends to finance the transaction with cash on hand and revolver borrowings. The transaction is not subject to any financing condition and is expected to close by the end of CY2019, subject to regulatory approval as well as other customary closing conditions, including the adoption by Aquantia's stockholders of the merger agreement.

Financing 170

Financing Vehicles Connect Connected 170

Green Car Congress

JANUARY 24, 2019

a diversified innovation and technology holding company today, has entered into a definitive asset purchase agreement with Sunoco LP to acquire and operate its corn ethanol plant and grain malting operation in Fulton, NY. Attis expects to finance the transaction with non-dilutive financing. Attis Industries Inc.,

Industry 191

Industry Industrial New York Renewable 191

Green Car Congress

MARCH 19, 2014

Other than that commitment, however, Kior said it has no other near-term sources of financing. Kior said that if it is unsuccessful in finalizing definitive documentation with Khosla on or before 1 April 2014—i.e., In December 2012, it began making semi-annual payments of $1.9 million.

Columbus 225

Columbus Companies Mississippi Fuel 225

Green Car Congress

SEPTEMBER 22, 2010

The City of Amsterdam (the Netherlands) has signed a Definitive Agreement with the Renault-Nissan Alliance to encourage the uptake of electric vehicles. The extra charging points will be financed by the Air Quality Fund, with a substantial contribution from the government.

2011 199

2011 Nissan Sale Netherlands 199

Green Car Congress

MARCH 22, 2009

Solyndra, a Fremont, California-based manufacture, will use the proceeds of the $535 million loan from the US Treasury’s Federal Financing Bank to expand its solar panel manufacturing capacity in California. Solyndra is the first company to receive an offer for a DOE loan guarantee under Title XVII of the Energy Policy Act of 2005.

Manufacturer 150

Manufacturer Solar Financing 2005 150

Green Car Congress

AUGUST 22, 2012

GSI, in collaboration with the National Institute for Public Finance and Policy (NIPFP) and The Energy Resource Institute. The lack of a definition has left countries to make their own determination if their subsidies are inefficient.

Renewable 312

Renewable International Fuel Energy 312

Green Car Congress

SEPTEMBER 1, 2023

The Eos Z3 battery contains predominately American components and is specifically designed for mass production and meeting low-cost, long-duration, grid-scale stationary energy storage needs.

Energy Storage 195

Energy Storage Energy Polymer Legal 195

Green Car Congress

SEPTEMBER 10, 2023

The transaction is subject to various conditions precedent (CPs), including the execution of definitive agreements and completion of outstanding due diligence to Glencore’s satisfaction. Commitment Fee of 1.5% flat calculated on the total initial prepayment amount, to be deducted from the prepayment on each disbursement.

Congo 150

Congo Financing Africa Canada 150