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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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The new Indiana plant will give EnerDel the capacity to produce battery packs for approximately 600,000 hybrid electric vehicles, or 60,000 battery-electric cars. The Indiana plant will be financed through a $118.5 million, which comprises a state incentive package of $21.3 That path apparently does not lead to the US.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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Financing challenges. All of this makes for a very difficult time to get financing for a new facility. In the world of project finance, quality means management teams with strong track records, proven technologies, deep pockets and secure, long term agreements on the project’s inputs and outputs. Earlier post.). million dollars.