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Workhorse receives purchase order for 500 C-1000 electric delivery trucks from Pritchard Companies

Green Car Congress

received a purchase order for 500 of its all-electric C-1000 delivery vehicles from Pritchard Companies. Inventory financing will be provided by Hitachi Capital America as part of Workhorse’s previously announced strategic partnership with HCA. Workhorse Group Inc.

Purchase 418
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Workhorse Group secures $35M in financing from Marathon Asset Management; $1.3M battery purchase by Duke Energy

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a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. The remaining $25 million will function as a revolving credit facility from which Workhorse may draw down as necessary to meet existing and future purchase orders.

Financing 259
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Pace purchases 20 Proterra ZX5 electric buses and EV fleet charging infrastructure

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With more than 800 vehicles on the road today, Proterra battery systems have been proven over 25 million service miles driven and selected by world-class commercial vehicle manufacturers to electrify delivery vehicles, construction equipment, school buses, coach buses, and more. Proterra 40' ZX5 Max.

Fleet 448
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Brightmark Energy closes $260M in financing for first US commercial-scale waste-plastics-to-fuel plant; ULSD and naphtha

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Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

Waste 268
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Blue Marble Biomaterials completes site purchase for large commercial biorefinery

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Blue Marble Biomaterials, a specialty biochemical manufacturer ( earlier post ), has closed on the purchase of the former GTC Oats Inc. The site, previously a wet extraction processing plant for the creation of food ingredients, will become Blue Marble’s first large-scale commercial biorefinery. The purchase includes 3.81

Purchase 218
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Ford introduces F-150 Lightning Pro electric pickup targeted at commercial customers

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Ford unveiled the all-electric 2022 F-150 Lightning Pro, a version of the electric F-150 Lightning ( earlier post ) targeted at commercial customers. The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing.

F-150 418
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Exelon to provide financing for 21MW of Bloom Energy SOFC projects at 75 commercial facilities

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Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York.

Financing 210