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Stock Market & Financial Investment News

News Breaks
July 21, 2014
07:05 EDTTOSBF, NRGNRG Energy acquires Spanish Town Estate Solar project
NRG Energy (NRG) announced the acquisition of the 4 megawatt Spanish Town Estate Solar project on the island of St. Croix in the U.S. Virgin Islands from Toshiba (TOSBF). Once completed, the power will be sold to the U.S. Virgin Island Water and Power Authority under a 25-year power purchase agreement. The project also is expected to help the USVI achieve their renewable energy goals to reduce its fossil fuel based energy consumption by 60% over the next 10 years. Construction of the Spanish Town Estate Solar project began in April and is expected to generate enough electricity to power more than 1,500 homes. The solar facility will require no fuel and minimal water. It is expected to create nearly 100 direct and indirect jobs during construction and to inject a total of approximately $3M into the local economy. With the purchase of the project, NRG, through its subsidiaries, will be the sole owner of the facility, while Toshiba will continue to serve as the lead on engineering, procurement and construction.
News For NRG;TOSBF From The Last 14 Days
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August 31, 2015
09:09 EDTTOSBFMP Associates to hold a conference
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06:18 EDTTOSBFToshiba finds more accounting errors, delays annual results, Reuters reports
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06:15 EDTTOSBFToshiba to sell all shares of Topcon held by the company
Toshiba announces that it has decided to sell all shares of Topcon held by the company and its consolidated subsidiary, Toshiba Insurance Services, in line with its policy of making efficient use of group assets and to improve its balance sheets. With the sale, Topcon will no longer be an affiliate of the company. The sale will be by way of secondary offering, and Nomura and Mizuho, the lead joint underwriters, will purchase the shares for the offering. There is a possibility that part of shares will be sold to overseas investors in overseas markets, mainly in Europe and Asia.
August 25, 2015
19:07 EDTNRGNRG Energy to close Huntley coal plant by March, Investigative Post says
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August 21, 2015
17:29 EDTNRGPJM releases results for 2018-2019 PJM Interconnection capacity auction
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06:01 EDTTOSBFABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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