Green Energy Company on Brink of Bankruptcy Months After Winning $375 Million Biden Loan
Biden’s green energy loan czar personally urged Li-Cycle holdings, which recycles lithium batteries, to apply for the funds (Kevin Dietsch/Getty Images) A battery recycling company that the Biden administration urged to apply for a $375 million green energy loan in November warned investors this week that it’s at risk of going out of business. Li-Cycle