An $850 million loan from the energy department to support KORE Power's battery plant in Buckeye never came. The company has ...

The company reportedly never received taxpayer funds to move forward with the project, and leadership changes are underway.

KORE Power will not move forward with its planned $1 billion lithium-ion battery plant in Buckeye. The company cited restructuring and a focus on long-term success as reasons for abandoning the ...