News & Achievements

Lithium Americas Closes $2.26 Billion U.S. DOE ATVM Loan

Deals & Cases

October 29, 2024 • 1-minute read

Vinson & Elkins advised Lithium Americas Corp. (“Lithium Americas” or the “Company”) in connection with the closing of a $2.26 billion loan from the U.S. Department of Energy’s (“DOE”) Loan Programs Office (“LPO”) under the Advanced Technology Vehicles Manufacturing (“ATVM”) Loan Program (the “DOE Loan”) for financing the construction of the processing facilities at Thacker Pass, located in Humboldt County, Nevada (“Thacker Pass” or the “Project”).

The closing of the debt financing follows on from Vinson & Elkins’ work advising the Company in connection with its recently-announced investment agreement with General Motors Holdings LLC to establish a joint venture to fund the project equity for the Thacker Pass project.

The Vinson & Elkins team was led by partners Eamon Nolan and Lauren Davies, senior associate Maria Borges, and associates Andrew Chang and Dan Lee. Other key team members include partners Robert Hughes, Mark Brasher, and Josh Heideman, counsel Austin White and Bader Thabti. and associates Hoo Ray, Zach Parker and Jake Silver; partners Jackson O’Maley and Michael Kurzer, counsel Noelle Alix, senior associate Layton Suchma, and associates Shelby Shearer, Christina Wu, and John Frey; partner Scot Dixon; partners Wendy Salinas, Megan James, Sean Moran, and David Peck and associates Paige Melton and Tyler Underwood; counsel Alex Bluebond; partners Brandon Tuck, John Decker and Matt Dobbins; partner Palmina Fava and counsel Elizabeth Krabill McIntyre; counsel Heather Reynolds Johnson and associate Matt Green.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

For more information, please speak with our media contacts.

Discover our latest:

Insights

CLE Events

Sixth Annual Navigating the Annual Meeting and Reporting Season

Join leading practitioners and industry voices for a timely discussion of the legal, regulatory, and governance developments shaping the next proxy season.

November 11, 2026

November 11, 2026 • 1-minute read

View Event

Navigating Series Background Decorative Image

Events

Peter Bergan to Moderate Panel at TMT Finance USA 2026

Partner Peter Bergan will moderate a panel at TMT Finance USA 2026 on October 6 titled “How is Datacenter Powered …

October 6, 2026

October 6, 2026 • 1-minute read

View Event

CLE Events

Texas Reincorporation 101: Recent Developments and Key Considerations for Boards

Join Vinson & Elkins and FTI Consulting for a webinar on the growing trend of companies reincorporating to Texas.

October 1, 2026

October 1, 2026 • 1-minute read

View Event

CLE Events

Financing and Bankability of Data Center Projects

This program will examine the key legal and commercial considerations for financing data center projects, with a focus on what makes these projects bankable for lenders and investors.

September 29, 2026

September 29, 2026 • 1-minute read

View Event