DOE Announces $77M Loan to ENTEK for Lithium-Ion Battery Facility in Indiana

The Energy Department (DOE) announced the disbursement of a $77,217,590 loan to ENTEK Lithium Separators LLC (ENTEK) to help finance a lithium-ion battery separator manufacturing facility in Terre Haute, Indiana. This is the first disbursement of the up to $1.3 billion DOE loan to be issued to ENTEK through the Loan Programs Office (LPO). The ENTEK facility will be the only U.S.-owned and U.S-based producer of “wet process” lithium-ion battery separator materials that can be used across industries such as data centers, energy storage, and consumer electronics. The project is expected to create 763 construction jobs in Indiana.

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