KeyBank Community Development Lending and Investment (CDLI) provided $16.6 million in low income housing tax credit equity (state and federal), a $21.3 million construction loan and $6.3 million taxable equity bridge for the construction of Silos Apartments.
There is encouraging news as corporate executives, managers and a range of professionals get together to address the risks and opportunities inherent in sustainability matters that could affect a particular industry, sector or profession. And, how with collective industry effort these challenges might be addressed.
Trane®, a leading global provider of indoor comfort systems and services and a brand of Ingersoll Rand, announced that it has acquired CALMAC® Corporation, a privately held company specializing in cool energy technologies including IceBank® storage tanks.
The dominant sentiment within the natural gas industry is that the current low price environment is likely here to stay. Throughout the value chain, industry players who were once awaiting a market recovery are now taking a different, but more holistic, view on planning for the future: a view that is focused on optimizing current assets, rightsizing workforces and incorporating cost-cutting measures.
Bloomberg New Energy Finance today released preliminary findings from its annual Climatescope report in time for the beginning of the COP23 climate negotiations in Bonn. Climatescope examines clean energy market conditions in developing countries annually.
Floating liquefied natural gas (FLNG) projects, after years of planning and development, are finally starting to come online and demonstrate the potential for FLNG technology to further global gas trade. LNG liquefaction was named the second most critical infrastructure investment for growth in the natural gas market, according to survey results from the 2017 Strategic Directions: Natural Gas Industry Report, and floating solutions provide a more flexible solution to adding much needed capacity to boost market growth.
As much as recent natural gas industry dynamics are influenced by price, the reality is that the global market always is truly driven by supply and demand. Where gas reserves reside, where energy demand is needed, and how supply is being transported all tell a more holistic story of the market’s dynamics. The current disparity in supply and demand is giving natural gas buyers the upper hand in negotiating contracts and is affecting how organizations throughout the value chain are planning for the future.
Voya Financial, Inc. announced today that Michele White, SVP and leader of the Enterprise Contact Center has joined the board of Junior Achievement (JA) of Southwest New England. JA is the world's largest organization dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs. Voya’s longstanding partnership with JA spans more than 15 years and Voya Financial Chairman and CEO Rodney O. Martin, Jr. serves on the board of Junior Achievement USA.
House of Ruth serves women, children and families struggling to overcome the negative impacts of trauma and homelessness. Each of the 84 families they serve in their residential programs have experienced homelessness, as have the more than 100 single women who live with them. Sometimes they’ve been on the streets, sleeping in parks, abandoned buildings or cars.
As automakers continue to bring new electric vehicles to the marketplace, electric utilities are grappling with the challenge of deploying adequate electric vehicle charging infrastructure to ensure that vehicles can be charged reliably. A new analysis released today by the sustainability nonprofit organization Ceres and M.J. Bradley & Associates finds that the benefits of increased investment in electric vehicle charging infrastructure outweigh the costs by more than 3 to 1.
Low-income women entrepreneurs in Egypt, as in many developing countries, face multiple obstacles to securing small-business financing. They seldom hold legal title to the kinds of assets (e.g. land or home) that could serve as collateral for a loan. Their businesses also tend to be smaller (often home-based) enterprises more compatible with family duties. Smaller businesses require smaller loans, which are generally less practical or profitable for a financial institution to deliver.
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