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 ... In 2023, the company secured an $850 million loan from the U.S. Department of Energy under the Biden administration after a two-year ...