Eos Energy Enterprises, Inc. (EOSE): Entry into a Material Definitive Agreement
Eos Energy Enterprises, Inc. (EOSE) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.4 9 dp251424_ex1004.htm EXHIBIT 10.4 Exhibit 10.4 THIRD AMENDMENT TO LOAN GUARANTEE AGREEMENT This THIRD AMENDMENT TO LOAN GUARANTEE AGREEMENT , dated August 4, 2026 (this " Amendment "), is made by and between the UNITED STATES DEPARTMENT OF ENERGY, an agency of the United
How this was made
The 30-second read
Why it matters
This 8-K reports entry into a Third Amendment to the DOE loan guarantee, effective upon satisfaction of conditions precedent, and it updates Schedule G project sites to reflect development of Line 2 (and potentially Lines 3 and 4) at the Thorn Hill site instead of the originally intended Duquesne site, plus the Frontier transaction context.
Market read
A DOE consent amendment can affect perceived execution risk and financing covenant compliance, but the excerpt does not provide economic term changes.
What to watch
Traders should verify whether the amendment modifies milestone dates, draws/availability conditions, or collateral coverage, which can drive credit-spread and equity re-rating.
Background
The company’s DOE loan guarantee agreement has been amended multiple times since 2024, with prior limited consents tied to project-site and joint-venture structuring.
Ticker impact
Eos Energy entered a Third Amendment to its DOE loan guarantee, updating project site plans for battery lines and related schedules.
Near-term impact likely limited unless the amendment changes funding availability, milestones, or collateral terms beyond site relocation.
The filing confirms a material definitive agreement and DOE consent, but the excerpt does not disclose economic terms, funding amounts, or any default-risk change.
Market effects
Highlights ongoing government-backed financing structuring for battery manufacturing projects, relevant to project-finance risk in the sector.
Potential operational footprint shift between project sites (Turtle Creek, Duquesne, Thorn Hill) may affect local permitting and construction timelines.
Limited global read-through; primarily affects US battery manufacturing project execution and DOE loan-guarantee administration.
Counterpoint
Site relocation and schedule updates may be routine consents that do not materially change cash runway or credit risk.
Key entities
- issuerEos Energy Enterprises, Inc.
Borrower under the DOE loan guarantee agreement; subject of the 8-K and Third Amendment.
- counterpartyUnited States Department of Energy (DOE)
Lender/guarantor party consenting to amendments and project-site changes.
- joint_venture_vehicleFrontier Power USA Parent, LLC
Investment vehicle referenced in prior consents, tied to a ~49% equity interest on a fully diluted basis.
