Rivian rises after securing $6.6 bln loan to build Georgia EV plant
** EV maker Rivian Automotive's RIVN.O shares rise 5.7% to $12.26 premarket
** Co says it gotconditional approval for a loan of up to $6.6 bln from the U.S. Department of Energy to build its EVproduction facility in Georgia
** Georgia plant to start operationsin 2028- RIVN
** RIVN had paused construction of the Georgia plant amid slowdown in EV growth
** Thegovernment's Advanced Technology Vehicles Manufacturing loan program has previously provided low-cost loans to other automakers as well
** The Department of Energy said in an October assessment that the loan will helpRIVN deliver 400,000 EVs
** The loan includes $6 bln of principal and $600 mln of capitalized interest
** RIVN shares had jumped more than 13% in the last session; stock is still down ~50% YTD
Reporting by Ragini Mathur in Bengaluru
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