Vicat's Lebec Net Zero project cancelled by US Department of Energy
Published by Global Banking & Finance Review®
Posted on June 3, 2025
1 min readLast updated: January 23, 2026

Published by Global Banking & Finance Review®
Posted on June 3, 2025
1 min readLast updated: January 23, 2026

The US Department of Energy has cancelled funding for Vicat's Lebec Net Zero project, part of a broader termination affecting 24 projects totaling $3.7 billion.
(Reuters) - French cement maker Vicat on Tuesday said its funding agreement with the U.S. Department of Energy for the Lebec Net Zero project had been terminated.
The decision is part of the DoE's broader announcement on Friday that it was terminating funding of 24 projects, totalling more than $3.7 billion.
(Reporting by Hugo Lhomedet in Gdansk, editing by Milla Nissi-Prussak)
The U.S. Department of Energy terminated its funding agreement with French cement maker Vicat for the Lebec Net Zero project.
The DoE announced the termination of funding for 24 projects, totaling more than $3.7 billion.
The cancellation was reported by Reuters, specifically by Hugo Lhomedet in Gdansk.
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