EB5 Horizon Joins Forces to Fund Groundbreaking U.S. Cobalt Facility
EB5 Horizon, in strategic alliance with Intermestic Capital, is proud to participate in the EB-5 fundraising for a first-of-its-kind solar-powered cobalt processing facility in Yuma County, Arizona, developed by EVelution Energy.
This transformational project is a powerful example of how EB-5 capital can drive meaningful economic growth, support U.S. national security, and offer immigrant investors a direct path to permanent residency in the United States.
Project Highlights:
First large-scale solar-powered cobalt processing facility in the U.S.
$64.8 million EB-5 raise through Intermestic EB-5 Fund II, LP
Designated as a National Security Interest Project (priority processing expected)
Located in a HUA TEA & Opportunity Zone — minimum investment: $800,000
Over 3,300 new jobs expected to be created
Supported by the U.S. EXIM Bank with $200 million senior financing
Backed by bipartisan support from state and federal leadership
This facility will help domesticate a key segment of the U.S. critical minerals supply chain, reduce reliance on foreign production, and create a lasting economic impact in an underserved rural area.
“At EB5 Horizon, we are honored to work with Intermestic Capital to deliver capital that empowers innovation, creates jobs, and provides investors and their families with the opportunity to build a future in the United States.”
— Dennis Cunningham, President, EB5 Horizon
Interested in Investing?
If you’re an accredited foreign investor seeking U.S. permanent residency through the EB-5 Program, contact us today to learn how to get involved in this exceptional project.