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Eos Energy Gets $68.3 Million Loan Advance From Department of Energy
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Eos Energy Gets $68.3 Million Loan Advance From Department of Energy
Dec 19, 2024 2:30 PM

05:10 PM EST, 12/19/2024 (MT Newswires) -- Eos Energy Enterprises ( EOSE ) said late Thursday it received the first loan advance of $68.3 million from the Department of Energy.

The amount covers both capital expenditures and operating expenses incurred as part of the company's production expansion plans tied to project Amaze in the Mon Valley Works in Pennsylvania, it said.

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