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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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ON Semiconductor to acquire Quantenna Communications; connectivity applications for industrial and automotive markets

Green Car Congress

The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets. The transaction is not subject to a financing condition. Morrison & Foerster LLP served as legal advisor to ON Semiconductor.

Connect 191
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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

With the closing of our recent financing and the permitting of both the K1 and M1 mining projects, we are now in position to expedite our goal of achieving free cash flows from hoisting our high-grade, direct shipping, vein graphite from both projects within the next few months. —Don Baxter, President, and CEO. From the K1 site.

Sri Lanka 417
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Twitter deal has ‘less than 50% chance’ to go through after Tesla’s market beating: Wedbush

Teslarati

Following Tesla’s brutal beating in the market over the past several weeks since the deal was announced, analyst Dan Ives believes Musk’s concern for Twitter bots, which caused the CEO to announce the deal was “on hold” last week, is just a scapegoat for a potential fallout of the deal. .

Market 98
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Get H2 partners propose green hydrogen pipeline in Europe

Green Car Congress

The link to the Dutch gas market lays the foundation for a trans-European hydrogen market. 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.

Hydrogen 435