Category: Finance

Plus Power, a company that builds and runs BESS systems, has finished a US$1.8 billion financing round for five projects in Arizona and Texas. The round includes over US$400 million in tax equity and US$700 million for a single stand-alone project, making it the biggest to date. There are building loans, term loans, and tax...

During the chaos of the war between Israel and Hamas, the State of Texas bought bonds from Israel to give the country cash. Last week, Texas Comptroller Glenn Hegar said that the state would buy $20 million in Israeli bonds. These bonds will give “liquidity to Israel as it defends itself against Hamas.” “Texas has...

Topeka, Kansas, wants people to move there, so it’s been giving tax breaks and other economic benefits to get new people to move there, including Latino and immigrant families. Choose Topeka is a reward program that lets people like Erick Bovell get up to $15,000 if they rent or buy a home in the city...

Hillsborough County Public Schools interim superintendent did not mince words. In fact, he repeated them several times because he wanted to “level the playing field.” “We need a level playing field to compete with surrounding school districts,” Van Ayres, the superintendent, said. To do so, he stated that the district must hire more exceptional teachers...

The Texas Senate passed a bill that lets parents use $500 million in public school funds to pay for private schools and other programs that help kids learn. The bill could give more than 62,000 families a $8,000 Education Savings Account (ESA). The plan has a hard time in the Texas House because Democrats and...

Tesla TSLA confirmed that 4680 battery cells had been made. They made their 20 millionth cell at Gigafactory Texas. In June, the company that invented EVs said that Giga Texas had made its 10 millionth 4680 battery cell. The automaker doubled the number of battery cells it had before in just 16 weeks, and now...

OSCEOLA, Ark. – An economic impact report released today says that Big River Steel in Osceola and Wheeling Machine Products in Pine Bluff, both owned by the United States Steel Corporation (“U. S. Steel”), added more than $383.2 million to the local and state economies in Fiscal Year 2022. In addition, the study found that...

On the 8th of October 2023 in Nashville, Tennessee, USA, as reported by PRNewswire — the Largest value-based healthcare organization in the country that only serves rural areas, Main Street Health, announced today that it will be expanding into 26 states. Main Street also said that it had raised more than $315 million in new...