Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program
Green Car Congress
FEBRUARY 28, 2023
Receiving the conditional commitment is a significant step in the lending process and reflects the DOE’s intent to finance the project; however, the Loan remains subject to documentation of long-form agreements and certain conditions will have to be satisfied prior to closing, which is currently expected to occur in calendar Q2 2023.
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