Form Energy Announces Closing of $270M Credit Facility

WEIRTON, W.V., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Form Energy, Inc. ("Form Energy" or the "Company"), an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, today announced the closing of a $270 million credit facility, comprised of a revolving credit facility and a tax credit advance facility that can advance against tax credits generated from production of eligible components under Section 45X Advanced Manufacturing Production Credit. The tax credit advance facility has an accordion feature providing for up to $1 billion of total credit under the debt facility.