Eos Energy closes $303.5M DOE-guaranteed loan for Project AMAZE; Cerberus covenants deferred

Eos Energy Enterprises, Inc.

DOE loan of $303.5M (down from $398.6M conditional commitment) at Treasury rate +0.375%, maturing June 15, 2034.
Loan structured in four tranches covering 80% of eligible costs; initial funding expected within 45 days.
Proceeds to expand manufacturing capacity to 8 GWh by 2027; one automated line already operational.
Cerberus credit agreement amended: Consolidated Revenue and EBITDA testing deferred to Dec 31, 2025.
First Title 17 battery loan closed under current administration; over 90% domestic content in supply chain.

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