Friday, 19 September 2014
Last updated 3 hours ago
Feb 20 2009 | 10:39am ET
U.S.-based solar power developers CarbonFree Technology and SolEquity have merged operations.
Both companies specialize in identifying, financing and developing solar power installations via Power Purchase Agreements (PPAs) and Solar Services Contracts. Together, they have developed or financed solar installations worth over $40 million and produced 6MW for institutional customers. The companies have a strong pipeline of 2009 projects in Arizona and other U.S. and Canadian locations.
“The SolEquity team are leaders in the Arizona solar market, and we are thrilled to be joining forces with them,” said CarbonFree CEO David Oxtoby in a statement. “The merger also helps us achieve a number of operational and financing synergies.”
SolEquity CEO Lee Feliciano says the newly merged company will have the resources to expand its Arizona operations, taking advantage of that state’s “huge potential” for solar power.
The merged company will operate under the name CarbonFree Technology, with its U.S. headquarters in Scottsdale, plus offices in the Baltimore area and Toronto, Canada.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.