Valcent Products Inc. Announces Debt Settlement and is Now Quoted Exclusively on the OTCQB

Valcent Products Inc. announced today that it has settled US $2,345,498 of debt through the issuance of 15,636,656 units at US $0.15 per unit. Each unit consists of one common share and one half warrant. One whole warrant is exercisable for period of two years into one common share at US $0.25. In addition, lock-up arrangements have been reached with... 

U.S. nuclear plant says shielded against Japan emergency

A U.S. nuclear plant in Alabama similar in design to the earthquake-hit Fukushima facility in Japan has multiple defenses to prevent and tackle the same kind of emergency, its operator said. Safety features at the Browns Ferry plant in northern Alabama are so superior to those at Japan’s Fukushima Daiichi plant that even in the event of massive... 

New Gold Announces Approval of El Morro Environmental Impact Assessment

New Gold Inc. announces that authorities in Chile have approved an Environmental Impact Assessment (“EIA”) for the El Morro project in northern Chile. New Gold is a 30 percent joint venture partner in the project, with Goldcorp Inc. (“Goldcorp”), the project developer, holding 70 percent. The granting of the EIA facilitates commencement... 

Ashland Inc. Board Announces $400 Million Stock Repurchase Program, Intends to Increase Annual Dividend

Ashland Inc. announced today that its board of directors approved a $400 million stock repurchase program. Under the program, the company’s common shares will be purchased through a combination of a 10b5-1 automatic trading plan and discretionary purchases on the open market or in privately negotiated transactions. The amount and timing of any... 

Solar Universe Names Steven L. Yeffa CFO

Solar Universe, a solar installation and finance company, today announced it has appointed Steven L. Yeffa chief financial officer. Yeffa will oversee the company’s corporate finance and accounting activities, and help grow its newly launched solar leasing program. Yeffa is a seasoned finance executive who brings 30 years of experience in financial... 

Goldwind Selects Broadwind to Supply Towers for Shady Oaks Project

When Goldwind USA, Inc. needed a local, experienced partner to produce its 85 meter wind turbine towers in North America it turned to Broadwind Energy, Inc. Goldwind selected Broadwind to supply approximately 70 wind turbine towers for its Shady Oaks project in Lee County, Illinois, set for installation during the second half of 2011. Tim Rosenzweig,... 

Moody’s Confirms Nexen’s Investment Grade Credit Rating

Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund... 

Peabody Energy Announces New Business Development and Law Appointments

Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from... 

Crosstex Hosts Analyst Conference Thursday, March 31

Crosstex Energy, L.P. and Crosstex Energy, Inc. (NASDAQ:XTXI – News) (the Corporation) will host an analyst conference on Thursday, March 31, 2011, from 8:00 a.m. – noon Central time in Dallas. The meeting will be broadcast live via conference call or webcast for those unable to attend. Crosstex’s senior management team, led by President and... 

Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results

Algonquin Power & Utilities Corp. today announced financial results for the fourth quarter and year ended December 31, 2010. On October 27, 2009, Algonquin Power Income Fund became a wholly owned subsidiary of Algonquin Power & Utilities Corp. (collectively “APUC”), maintaining the same operations and business activities, but under...