Green Car Congress

JANUARY 21, 2010

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 million and Hancock County package valued at $48.6

Lithium Ion 186

Lithium Ion Indiana Stimulus Package Indianapolis 186

Green Car Congress

NOVEMBER 30, 2009

Automotive lithium-ion battery maker EnerDel will be using a portion of its recent federal stimulus grant to purchase eight AeroVironment (AV) advanced electric vehicle power cycling and test systems. In August EnerDel was awarded a $118.5

Indiana 186

Indiana Stimulus Package Stimulus Electric Vehicles 186

Green Car Congress

MAY 27, 2009

Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.

Production 170

Production Ohio Waste Financing 170