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14 Nov
20:30

Georgia officials approve bonds for Rivian EV plant

US EV startup Rivian will borrow up to $15 billion via taxable bonds to support its Georgia manufacturing plant, according to a securities filing. In a form submitted to the Securities and Exchange Commission on 9 November, Rivian discloses that the Joint Development Authority of Jasper, Morgan, Newton and Walton County (JDA) agreed to issue taxable revenue bonds to fund the project. Per the filing, Rivian has entered into a rental agreement, option agreement and …
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