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FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.
As the federal role and other critical aspects of connected vehicle regulation and/or implementation are further defined, DOT will document publicly the privacy risks and controls applicable to the system and users. USDOT is receptive to all sustainable financing options that do not violate other principles.
The project documentation is currently being reviewed by SQS, a Swiss entity certified by UNFCCC for the validation of climate change projects in the transport field. Grütter Consulting is a leading advisory firm on carbon finance and transport with activities worldwide.
The Showroom includes the State EV Policy Dashboard; EV Roadmap Roundup; EV Funding and Financing Guide; EV Tools and Calculators Clearinghouse; AchiEVe Toolkit; Freight Electrification Report; and ZEV State Scorecard. The State EV Policy Dashboard displays the status of 10 leading state EV policy strategies, updated monthly.
Pioneering methods to accelerate electric fleet adoption, AMPLY Power will demonstrate and document its Charging-as-a-Service approach for an all-electric school bus fleet in New York City. Implementing resiliency plans where needed. Once this is completed, bus routes will be determined.
All documents filed with the Bankruptcy Court are available for inspection at the Office of the Clerk of the Bankruptcy Court. The companies have proposed to jointly administer their Chapter 11 cases under the caption In re Electric Transportation Engineering Corporation, dba ECOtality North America, Case No. 2:13-bk-16126-RJH.
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.
Receipt of the loan will be subject to customary diligence, documentation and closing conditions, and will require guarantees to be provided by or obtained by Ceres. The PAISS project is jointly managed by Brazil’s national development bank, BNDES, and by the government’s research financing agency, FINEP.
While some work still remains to be completed before signing—including final documentation, financing and government approvals—Ford and Geely anticipate that a definitive sale agreement will be signed in the first quarter of 2010, with closing of the sale likely to occur in the second quarter 2010, subject to appropriate regulatory approvals.
in financing ( earlier post ), conditionally secures medium-term funding and includes financing in the form of subscription agreements in the amount of €150 million (US$222 million) as well as a strategic alliance for China including joint ventures on manufacturing, technology and distribution. Spyker Cars N.V.
Hero Electric ties up with HDB Financial Services for retail finance. Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. Read further to know more about Hero Electric ties up HDB Financial Services. .
Additionally, NGHC also announced that the non-recourse financing structured for the project has been certified by S&P Global (as the second party opinion provider) as adhering to green loan principles and is one of the largest project financings put in place under the green loan framework.
Any sale would be conditional inter-alia upon negotiation of sale and purchase documentation, a financing by SEVUS, all usual shareholder approvals (including the approval of Tanfield shareholders) and due diligence.
million) convertible loan, subject to definitive transaction documentation and certain conditions. Spyker had indicated when the agreement was announced earlier in May that the transaction with Hawtai was subject to definitive transaction documentation and certain conditions, which included the consent of different stakeholders.
As heads of state convened, an abbreviated document was hurriedly produced to minimize sticking points and shopped around among leaders of developed countries. The accord will not become an official United Nations document unless unanimous approval is secured. Emissions Reduction Targets Shuttled To The Side. degrees Celsius.
BP will compensate part of the historical costs to Rosneft for exploration of the Domanik formations and will provide carry financing of up to US$300 million for the pilot program, which will be conducted in two phases at licence blocks in the Orenburg Region. The document was signed within the framework of the St.
To negotiate the best price at a car dealership, do your homework: research the cars invoice price, get pre-approved for financing and avoid focusing on monthly payments. Out-the-Door Price: This includes everythingcar price, taxes, title, registration, documentation fees and any add-ons. This is the number that really matters.
According to the proposed terms of the strategic agreement, if the entire amount of the initial debt financing is provided to A123 and the full amount of the warrants and Convertible Notes are issued and exercised for cash, Wanxiang’s total capital investment in A123 from these agreements would total approximately $450 million.
In 2008, it raised more than $100 million through an oversubscribed Series B private financing round. In that document, EPA also noted that since Range started up the plant using a methanol catalyst, it did not expect the company to produce qualifying renewable fuel—i.e., cellulosic ethanol—in 2010.
It is estimated that the study will be completed in the fourth quarter of 2009, following which Denbury will evaluate external market conditions, the state of financing and construction of the proposed gasification projects, and make a decision as to whether or not they will take initial steps to build such a pipeline.
JPMorgan Chase has agreed to provide working capital financing for intermediate products owned by the refinery in the form of an asset-backed loan, subject to documentation. Capital for this investment will come from the Carlyle Equity Opportunity Fund and the Carlyle Energy Mezzanine Opportunities Fund.
Other than that commitment, however, Kior said it has no other near-term sources of financing. Kior said that if it is unsuccessful in finalizing definitive documentation with Khosla on or before 1 April 2014—i.e., In December 2012, it began making semi-annual payments of $1.9 million.
Solyndra, a Fremont, California-based manufacture, will use the proceeds of the $535 million loan from the US Treasury’s Federal Financing Bank to expand its solar panel manufacturing capacity in California. Solyndra is the first company to receive an offer for a DOE loan guarantee under Title XVII of the Energy Policy Act of 2005.
The Eos Z3 battery contains predominately American components and is specifically designed for mass production and meeting low-cost, long-duration, grid-scale stationary energy storage needs.
The document was signed by Rosneft President Igor Sechin and General Electric CEO Jeffrey Immelt in the presence of the Prime Minister of the Russian Federation Dmitry Medvedev. Additional aggregate financing of US$50 million will be made by the parties upon agreement on specific projects.
The decision seemed to depend on finances. The Board has continually sought innovative ways to finance transportation projects to ensure a bright future for the community in a way that bridges technology and accelerates the delivery of needed projects. Both companies presented their proposals to the Alamo RMA.
Mary Nichols, the Chair of the California Air Resources Board (ARB), says that Volkswagen has improved its cooperation with California regulators to resolve the diesel emissions scandal, according to a snippet from an exclusive interview with her to be published tomorrow (Monday) in Germany’s business and finance daily Handelsblatt.
This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the. However, the document notes, while Horizon 2020 will provide the general framework for transport research and.
Upon completion of due diligence and negotiation of the termsheet and guarantee documentation, the Taylorville project expects to receive a federal government guarantee of its debt of up to $2.579 billion, depending on the final project costs and capital structure, which will greatly reduce financing costs.
Receiving the conditional commitment is a significant step in the lending process and reflects the DOE’s intent to finance the project; however, the Loan remains subject to documentation of long-form agreements and certain conditions will have to be satisfied prior to closing, which is currently expected to occur in calendar Q2 2023.
Other important components of the Cooper-led work include collaborative projects to advance agronomic practices, development of genetic and genomic information, and a life cycle analysis, which will document the impact a bio-material and bio-energy industry will have on the American Southwest. Resources.
These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner.
Teslarati obtained documentation regarding the bike path thanks to @Gf4Tesla on Twitter. The documents show the plans and other details, including the price of construction, dates of implementation, and rainwater disposal planning. The bike path will connect Giga Berlin to the town of Erkner and will be 2.5 kilometers (1.49
In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.
TRI will support Velocys and its partners to further optimise overall plant cost and the financing of BTL plants through, for example, accessing governmental loan guarantee processes and securing independent engineering reviews. The company expects the terms of the MoU to be reflected in legally-binding documentation within the coming months.
Velocys expects the terms of the MOU to be reflected in legally binding documentation within the next few months. A core theme of Velocys’ new strategy is to deliver, jointly with partners, a “one-stop-shop” offer to customers— a fully integrated and financed, cost effective and operations-ready plant solution.
The extremely successful tires industry and non-automotive a part of ContiTech can be retained because the time core, it mentioned, quoting an unnamed govern supervisor who warned of the ultimatum of a group of workers rift if the tires industry persevered financing the vehicles industry. Continental declined to remark at the document.
TBC would self-finance the project before turning it over to the board. Documents from Praetor Capital forecasted that BAT’s proposed transportation system could charge passengers $6.50 The Alamo RMA board believes it could sell bonds to finance a transportation system project. Ultimately, it’s got to be financible.
Improving the project delivery process by eliminating duplication in documentation and procedures. Establishing a new program to finance planning, design, and construction of high-speed rail. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009. Source: DOT.
NMG’s financing. NMG expects to be able to file shortly all required documentation to satisfy the conditional acceptance of the TSX Venture Exchange. HQ will assist NMG in the small-scale industrialization of its process in its demonstration plant in Saint-Michel-des-Saints. per unit for an aggregate gross proceeds of $2,000,000.
The Alamo Regional Mobility Authority (RMA) shared that Elon Musk’s The Boring Company (TBC) offered an additional $15 million to finance the San Antonio Loop. The post The Boring Company offers additional $15M to finance San Antonio Loop appeared first on TESLARATI. I’d like to hear from you.
to provide quick and hassle-free financing options for Suzuki two-wheeler customers. SMFG India Credit, a Non-Banking Financial Company (NBFC) and a member of Sumitomo Mitsui Financial Group (SMFG), will offer round-the-clock retail financing with quick approval processes and minimal documentation.
Tesla CEO Elon Musk outlined his expectations for the Tesla Cybertruck and its potential effect on the automaker’s finances. In terms of finances, Musk said: “It’s a great product, but financially, it will take, I don’t know, a year to 18 months before it is a significant positive cash flow contributor.
KiOR also announced that it has received commitments, subject only to negotiation and execution of final documentation, from Khosla Ventures and Vinod Khosla for an aggregate commitment of up to $50 million as the cornerstone investor for the Columbus II project and to meet the its ongoing liquidity needs. Earlier post.). —Fred Cannon.
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