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Battery Recycler Li-Cycle Raises $350 Million Loan from US Energy Department

The loan has been released under the Advanced Technology Vehicles Manufacturing program

February 28, 2023

/ Rakesh Ranjan
/ Finance and M&A, Other,
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Toronto-based Li-Cycle Holdings Corporation, a lithium-ion battery recycler, has entered into a conditional commitment for a $375 million loan from the U.S. Department of Energy (DOE) through its Advanced Technology Vehicles Manufacturing (ATVM) program.

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Rakesh Ranjan

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ATVM ProgramLi-Cyclelithium batteryRecyclingRochester Hub
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