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Tesla loses Head of Legal who oversaw internal purchasing probe

Teslarati

Tesla has lost its Head of Legal, David Searle, who reportedly left his position at the automaker less than a month ago. Searle oversaw an internal purchasing probe during his final days at the company before leaving. Tesla has gone through several Head Legal employees in the past several years.

Legal 96
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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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Valeo acquires electric supercharger business from Controlled Power

Green Car Congress

CPT was advised on the transaction by Turquoise International (corporate finance) and Matthew Arnold Baldwin (legal & tax). It also validates our approach to technology development, which we apply to all our products. —CPT CEO Nick Pascoe“.

Power 326
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ASML’s threat to leave uncovers deeper concerns in Netherlands Inc – ET Auto

Baua Electric

A threat by the Netherlands’ largest company ASML to quit the country if it cannot grow there has laid bare wider corporate concerns that the nation’s business climate is deteriorating. ” Chip equipment supplier ASM International recently expanded in the U.S. “You’d need two hands to count them.”

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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

Green Car Congress

Bringing developing countries into the carbon markets in order to encourage low carbon development, provide finance and make the most of mitigation opportunities. International climate negotiations can only go so far. This will send a clear signal to the corporate sector and stimulate investment to produce innovative solutions.

Emissions 210
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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

In particular, Avis Budget expects significant cost reductions across the fleet life cycle (from procurement to operations and maintenance to disposition, as well as financing), in addition to savings from eliminating Zipcar’s public-company costs. The companies expect substantial synergies in fleet utilization. Source: Avis Budget.

Companies 218
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.