KORE Power never received federal loan. Now it scrubbed its $1B battery plant in Buckeye
- Posted on February 5, 2025
- By The Arizona Republic
- 2 Views
![](https://www.azcentral.com/gcdn/presto/2021/07/29/PPHX/ef0df286-8c19-4f2d-ac57-ca4455f064c0-KORE_Plex_rendering.jpg?crop=796,448,x3,y0&width=796&height=398&format=pjpg&auto=webp)
KORE Power never received federal loan. Now it scrubbed its $1B battery plant in Buckeye
![](https://www.azcentral.com/gcdn/presto/2021/07/29/PPHX/ef0df286-8c19-4f2d-ac57-ca4455f064c0-KORE_Plex_rendering.jpg?crop=796,448,x3,y0&width=796&height=398&format=pjpg&auto=webp)
An $850 million loan from the energy department to support KORE Power's battery plant in Buckeye never came. The company has since nixed the project.