article thumbnail

Exelon to provide financing for 21MW of Bloom Energy SOFC projects at 75 commercial facilities

Green Car Congress

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada.

Financing 210
article thumbnail

ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

Green Car Congress

ChargePoint acquired ViriCiti for a total purchase price of approximately €75 million (US$88 million) in cash, subject to adjustments. IMPROVED Corporate Finance B.V. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations. Goldman Sachs & Co.

Fleet 218
article thumbnail

UAW Announces Another Strike Expansion

The Truth About Cars

This week’s targets include Ford’s Chicago Assembly Plant, responsible for the Explorer and Lincoln Aviator, and General Motors’ Lansing Delta Township Assembly, responsible for the Chevrolet Traverse and Buick Enclave.& The United Auto Workers (UAW) has decided to broaden its strike on Friday.

Chicago 99
article thumbnail

Elon Musk and Thomas Bravo in talks for potential Twitter acquisition: report

Teslarati

Tesla CEO Elon Musk and Chicago-based buyout firm Thoma Bravo are reportedly in talks about a potential partnership that could help push the acquisition of Twitter. billion to help finance a potential Twitter buyout. Musk caught headlines last week when he announced an offer to acquire Twitter for $54.20

article thumbnail

Reynolds buys startup to spice up DMS used-car acquisition generation

Baua Electric

and introduced in 2020, stated its generation can backup sellers and automobile corporations spice up potency and automate boxes together with purchasing, promoting and automobile stock control. AutoVision, primarily based in Santa Clara, Calif.,

Buy 52
article thumbnail

Proterra and Mitsui create $200M credit facility to scale Proterra battery leasing program

Green Car Congress

By decoupling the batteries from the sale of its buses, Proterra enables transit customers to purchase the electric bus and lease the batteries over the 12-year lifetime of the bus. Proterra has been a leader in offering flexible financing options to lower upfront costs of an electric bus to be competitively priced against diesel buses.

Batteries 186
article thumbnail

DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

Green Car Congress

Natural Gas Credit Purchase system; deliver technical and safety workshops. Purchasing Agreements; train and deploy Energy Coaches who will work. The Lake Michigan Corridor Alternative Fuel Implementation Initiative, which includes Southeastern Wisconsin, greater Chicago and Northern. 499,918. . Colorado Energy. Gas Technology.

Clean 308