Covington Represents SK Innovation, SK On and SK Battery America With Respect to a $9.63 Billion Loan From the U.S. Department of Energy to BlueOval SK
December 19, 2024
December 19, 2024
WASHINGTON, Dec. 19 -- Covington, a law firm, issued the following news release:
NEW YORK--Covington advised SK Innovation, SK On, and SK Battery America in the negotiation and closing of a direct loan of up to $9.63 billion from the U.S. Department of Energy (DOE) to BlueOval SK (a joint venture between Ford Motor Company and SK Battery America), for the construction of up to three manufacturing plants to produce batteries for Ford's electric vehicles. Collectively, the plants, one . . .
NEW YORK--Covington advised SK Innovation, SK On, and SK Battery America in the negotiation and closing of a direct loan of up to $9.63 billion from the U.S. Department of Energy (DOE) to BlueOval SK (a joint venture between Ford Motor Company and SK Battery America), for the construction of up to three manufacturing plants to produce batteries for Ford's electric vehicles. Collectively, the plants, one . . .