CONSTRUCTIONONGOING

LG Energy Solutions Starts Major Battery Plant in Queen Creek

LG Energy Solutions broke ground in 2024 on a $3.2 billion battery manufacturing complex in Queen Creek under a Town development agreement. The Town provides $84 million in supporting infrastructure projects, with full production expected in 2026.

Status
ONGOING
Document date
June 30, 2024
Contract type
CONSTRUCTION
Vendor
Lg Energy Solutions
Agency
Town of Queen Creek · AZ

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3.2 billion (estimated facility construction cost)
Contract type
CONSTRUCTION
Contract term
Groundbreaking 2024; phase one facility to begin production by 2026; economic activity over 10 years
Renewal date
2034-06-30
Renewal
Development agreement outlines infrastructure support; facility construction ongoing through at least 2026.
Document type
Budget
Source document
town_of_queen_creek_annual_budget_report_fy2024.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Town of Queen Creek?

Lg Energy Solutions was awarded this construction contract by Town of Queen Creek, as recorded on June 30, 2024. The contract value is $3.2 billion (estimated facility construction cost).

How much is the Lg Energy Solutions contract with Town of Queen Creek worth?

The Lg Energy Solutions contract with Town of Queen Creek is valued at $3.2 billion (estimated facility construction cost), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a budget record.

Where was this contract approved?

This contract appears in town_of_queen_creek_annual_budget_report_fy2024.pdf (Budget), dated June 30, 2024 from Town of Queen Creek. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lg Energy Solutions hold?

Lg Energy Solutions may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Lg Energy Solutions's profile

What is Town of Queen Creek currently buying?

Explore Town of Queen Creek's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Queen Creek's profile

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