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.
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.
Duke Energy is investing $3 billion over roughly the next 10 years in South Carolina to strengthen the energy grid and provide a major boost to the state’s economy for years to come.
People are famously irrational when it comes to financial matters. We can’t seem to resist wasting money on things that we know aren’t beneficial. MetLife Foundation‘s Evelyn Stark offers a painfully familiar example: “We join gyms every January. We stop going every February. And yet people don’t stop paying for the gym until you have to renew – which is probably the following January. And you may actually renew, because you think, ‘This year, I’m going to go.'”
About Truist FoundationThe Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and...
Purpose 360 Podcast is a masterclass in unlocking the potential of social purpose to ignite business and social impact. Hosted by Carol Cone, CEO of...
CARE News & Stories is where to find out what's happening around the world through vibrant, engaging stories that put humanity at the center. 👉 https...
Corporate governance, risk management, operational integrity, and regulatory compliance are demanding challenges that companies face in today’s ever...
