Groom Energy and Nexus Environmental Partners Join Forces to Bring Sustainability Solutions to Colleges and Universities

Groom Energy Solutions and Nexus Environmental Partners (Nexus) announced a partnership to assist colleges and universities reduce their overall environmental impact as part of the American College and University President’s Climate Commitment. Together, the companies will provide institutions with individual, strategic, multi-year climate commitment... 

BIO Urges EPA to Complete Sound Scientific Review Before Publishing Greenhouse Gas Emission Estimates for Biofuels

The U.S. Environmental Protection Agency must establish a sound, science-based model for measuring net greenhouse gas emissions related to biofuels production before releasing estimates that may understate the positive role biofuels play in reducing climate change emissions. The Biotechnology Industry Organization (BIO) today released a letter sent... 

Williams Exploring Changes in Company Structure to Enhance Shareholder Value

Williams announced that its management and board of directors are evaluating a variety of structural changes in the company to enhance shareholder value. The company expects to announce a specific direction in the first quarter next year. Among the potential changes is the separation of one or more of the company’s principal business units. Williams’... 

Reval Wins Treasury & Risk’s 2008 Alexander Hamilton Award for Technology of the Year with its FAS 157 Solution

Reval, a global leader in financial risk management solutions and services, announced today that it was recognized with an Alexander Hamilton Award at the 13th annual Treasury & Risk Magazine awards ceremony this week. Reval was awarded the silver award in the Technology of the Year category for its best in class FAS 157 Solution. This FAS 157... 

Goldman Sachs and Blue Source Create Strategic Alliance to Market U.S. Greenhouse Gas Emission Reductions

The Goldman Sachs Group, Inc. and Blue Source LLC today announced a strategic alliance that combines Goldman’s global leadership in commodities trading and financial risk management with Blue Source’s leading climate change portfolio. As part of the alliance, Goldman Sachs has purchased an equity stake in Blue Source LLC. Goldman Sachs will off-take,... 

Panda Ethanol Restructures Funding Arrangements for Hereford, Texas Facility

Panda Ethanol Inc. announced that it has successfully restructured the funding arrangements on the company’s 115-million gallon-per-year, biomass-fueled ethanol refinery, located in Hereford, Texas. The restructuring was made with the support of the project’s senior and subordinated lenders and will allow for the completion of construction... 

CME Group to Launch 18 New Natural Gas Swap Futures Contracts on ClearPort

CME Group, the world’s largest and most diverse derivatives exchange, announced that it will launch 18 new natural gas basis, index and swing swaps futures contracts on ClearPort®, beginning on October 19 for trade date October 20. The new futures contracts and their commodity codes are: NGPL STX natural gas basis swap (T5); Algonquin Citygate... 

SkyFuel Unveils the SkyTrough: the World’s Highest Performance, Lowest Cost Utility-Scale Solar Power System

SkyFuel, Inc. today secured its position as the leader in the rapidly growing concentrating solar power (CSP) industry by unveiling the SkyTrough(TM): the highest performance, lowest cost utility-scale solar power system of any kind for generating electricity. With glass-free mirrors, a highly engineered space frame that allows compact transportation... 

Enterprise Selects Triple Point to Manage FAS 133 Compliance – Marks Milestone as 50th Hedge Accounting Client

Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Enterprise Products Partners L.P., with an enterprise value of nearly $21 billion, has chosen Triple Point’s Commodity XL for Hedge Accounting™ to ensure FAS 133 compliance and protect against earnings... 

Westar Energy, Horizon Wind Energy and The Empire District Electric Company Dedicate Meridian Way Wind Farm

Westar Energy, Horizon Wind Energy and The Empire District Electric Company will dedicate the Meridian Way Wind Farm with a ribbon cutting ceremony from 11:30 a.m. – 2:30 p.m., Tuesday, Oct. 7, at the Meridian Way Wind Farm site, 1409 Iron Road and Highway 81 in Cloud County. Attendance at this event is by invitation. Media are also invited. Horizon...