Energy Department Announces $1.5B Loan for Indiana Fertilizer Facility

DOE Loan Programs Office

Published October 29th, 2025

Detected March 14th, 2026

Summary

The Department of Energy's Loan Programs Office has closed a $1.5 billion loan to Wabash Valley Resources, LLC, for a coal and ammonia fertilizer facility in Indiana. This initiative aims to boost domestic fertilizer production and strengthen national food security.

View original document View source feed page

What changed

The U.S. Department of Energy (DOE) announced the closing of a $1.5 billion loan to Wabash Valley Resources, LLC, to finance a coal and ammonia fertilizer facility in West Terre Haute, Indiana. This project will repurpose an idled coal gasification plant to produce 500,000 metric tons of anhydrous ammonia annually, utilizing local coal and petcoke. The loan is part of the Trump administration's initiative to enhance domestic supply chains and reduce reliance on foreign fertilizer imports.

This action represents a significant investment in domestic energy and agricultural resources, aiming to lower costs for farmers and consumers while creating jobs. Regulated entities, particularly those in the energy and agricultural sectors, should note the DOE's focus on strengthening domestic production capabilities and securing national food security. While no direct compliance actions are mandated for external parties by this announcement, it signals a policy direction favoring domestic resource utilization and supply chain resilience.

Source document (simplified)

Energy Department Announces Loan for Indiana Coal-Powered Fertilizer Facility

U.S. Secretary of Energy Chris Wright today announced the Department of Energy’s Loan Programs Office closed a loan to support independent, American-made, and coal-powered fertilizer production.

Energy.gov

October 29, 2025

WASHINGTON— U.S. Secretary of Energy Chris Wright today announced the Department of Energy’s (DOE) Loan Programs Office (LPO) closed a loan to support independent, American-made, and coal-powered fertilizer production.

The $1.5 billion loan to Wabash Valley Resources, LLC, will help finance a coal and ammonia fertilizer facility in West Terre Haute, Indiana. The project will restart and repurpose a coal gasification plant idled since 2016 to produce 500,000 metric tons of anhydrous ammonia per year by using coal from a nearby Southern Indiana mine and petcoke as feedstock.

“For too long, America has been dependent on foreign sources of fertilizer,” said U.S. Energy Secretary Chris Wright. “Under President Trump’s leadership, we are changing that by putting America first, relying on American coal, American workers, and American innovation to power our farms and feed our families.”

By investing in a coal community, the Wabash project will bring the gasification plant back online to produce ammonia fertilizer – a vital resource for farmers across the Corn Belt, which currently relies on imports from Canada, the Caribbean, the Middle East, and Russia.

The project will strengthen domestic supply chains, lower costs for farmers and consumers, and strengthen national food security by producing cost-competitive ammonia for the Eastern Corn Belt while creating hundreds of American jobs.

The loan, which was carefully evaluated under the new LPO guidance directed by Secretary Wright, delivers on the Trump administration’s promise to responsibly steward taxpayer dollars and unleash American energy dominance. The Wabash financial close is the second closed loan under the Energy Dominance Financing (EDF) Program created by the Working Families Tax Cut, also known as the One Big Beautiful Bill Act.

Today’s announcement highlights DOE’s commitment to achieving President Trump’s national security and energy dominance goals by securing domestic fertilizer supply for farmers in the Corn Belt and ensuring the American people’s access to reliable, abundant, and affordable energy.

View Next Press Release Energy Department Announces $100 Million to Restore America’s Coal Plants

October 31, 2025

View Previous Press Release Energy Department Announces New Partnership with NVIDIA and Oracle to Build Largest DOE AI Supercomputer

October 28, 2025

Tags:
- Coal
- Loans