BlueOval SK Battery

BlueOval SK Battery Production Project - DoE Financing

Borrower(s)
BlueOval SK Battery
Industry
Manufacturing & equipment/Battery factory
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

BlueOval SK LLC (BOSK), a joint venture between Ford Motor Company and Korean EV battery manufacturer SK On, has secured a direct loan from DoE of up to $9.63 billion to finance the construction of three manufacturing plants designed to produce over 120GWh of batteries annually for Ford and Lincoln...

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Deal Volume
$9.63bn
Financial Close
16/12/2024
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

BlueOval SK Battery Production Projects
$9.6bn
Greenfield
Battery factory
North America
North America
United States