Eos Energy gets $87M DOE loan advance for second battery line

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Go back to Eos Energy gets $87M DOE loan advance for second battery line

Eos Energy Enterprises Receives $87 Million Advance Under U.S. Department of Energy Loan to Fund Second Production Line at Thorn Hill

September 14, 2026 8:30 AM EDT

First advance under second tranche brings total drawn under the DOE facility to $178 million and supports 4 GWh of annual battery manufacturing capacity in Western Pennsylvania

PITTSBURGH, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (Eos or the Company), Americas leading innovator in designing, manufacturing, and providing zinc-based long-duration energy storage (LDES) systems sourced and... More