DOE Poised To Dole Out $400 Million to Energy Company on Brink of Financial Collapse—After Evading Tariffs on Chinese Imports
The Department of Energy is set to give a $400 million loan to a financially troubled battery company that admitted to defrauding the federal government in 2022, according to court records. Eos Energy—whose board includes a personal friend of Department of Energy loan czar Jigar Shah—was forced to pay a $1 million settlement to the