KORE secures financing for planned battery plant in Arizona

By Audrey Jensen | Phoenix Business Journal

Idaho-based KORE Power announced today that it has secured funding needed to start construction on its planned2 million-square-foot battery manufacturing plant by the end of this year. 

The company said on Wednesday that it has closed an initial $75 million tranche in financing that’s anticipated to eventually total $150 million. 

Read the full subscription story from the Phoenix Business Journal.

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