GE Capital entered into an agreement to sell a $1 billion portfolio comprised primarily of equity investments in energy assets to funds managed by affiliates of Apollo Global Management LLC, according to the company’s Oct. 8 press release. The sale includes 20 investments in renewable energy, contracted gas-powered generation, and midstream energy infrastructure assets in…
DetailsSen. John Barrasso, a Republican representing Wyoming, introduced legislation on Oct. 6 that would discontinue the tax credit for new electric vehicles and create a federal highway user charge for alternative fuel vehicles including plug-ins and fuel cell vehicles. Under current law, the credits apply for plug-in electric vehicles bought from 2010 and begin phasing…
DetailsGovernor Andrew Cuomo, a Democrat, announced on Oct. 5 that two new initiatives, funded by the New York Power Authority at a total of $173 million, will help the New York Power Authority collect data more quickly and accurately through the installation of advanced sensors at facilities across the state, enabling the public power organization…
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