Updated March 5 at 9:05am
Energy
219 results total, viewing 161 - 170
National Grid Wednesday announced a plan to invest $93 million into electricity transmission and distribution on Aquidneck Island to bring more reliable power to Portsmouth, Middletown and Newport. more
French President Francois Hollande’s government said General Electric Co. improved its proposal for Alstom SA’s energy business as Chief Executive Officer Jeffrey Immelt pledged to create new jobs, softening its stance on the U.S. company’s takeover plans. more
General Electric Co. agreed to a French government request to extend by three weeks the deadline for its planned $17 billion purchase of Alstom SA energy units. more
General Electric Co. clinched its biggest acquisition ever, the $17 billion purchase of Alstom SA’s energy assets, after the resolution of the French government’s last condition for the deal. more
Current and future state officials have filed motions to intervene with the Public Utilities Commission (PUC) and its review of a proposed National Grid rate increase, which – – according to one estimation – could go up about 30 percent for small businesses. more
A Cranston-based chemical manufacturing and research company received $900,000 Thursday through a federal initiative trying to make U.S. solar energy resources more affordable and accessible. more
Confidence among U.S. consumers soared in July to the highest level in almost seven years as Americans grew more upbeat about the labor market and the outlook for the economy. more
Gasoline prices jumped 11 cents from last week in both Rhode Island and Massachusetts, a change AAA Northeast blamed on the increase in the cost of crude oil. more
Siemens AG is in talks with Mitsubishi Heavy Industries Ltd. about a joint bid to buy Alstom SA’s energy business and counter a $17 billion offer by General Electric Co. more
General Electric Co., which is working to refine its offer for Alstom SA’s energy assets, will present new terms on Thursday as it seeks to thwart a counter bid by Siemens AG, said two people familiar with the matter. more
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