ReutersOrsted receives $650 million tax equity financing from J.P. Morgan
The tax equity allows for tax credit transferability under 2022 President Biden's Inflation Reduction Act, which corporate buyers can purchase to support clean energy storage projects in the U.S. Additionally, the Biden administration is undertaking a separate effort to identify areas in 11 western states best suited for solar energy development, which it expects to finalize by the end of the year.
PR NewswireFannie Mae Prices $708 Million Connecticut Avenue Securities (CAS) REMIC Deal
Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R04, an approximately $708 million note offering that represents Fannie Mae's fourth CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. Year to date, Fannie Mae has issued approximately $2.9 billion of notes under the CAS program.
PR NewswireBiossmann Snags AI Thought-Leader Pankaj Kedia as its First Chief AI Officer and Board Member to Fuel the Next Phase of Growth
Biossmann today announced that it is bringing on board renowned technology industry executive and AI thought-leader Pankaj Kedia as its first Chief AI Officer (CAIO) to help the company expand globally and transform itself into a medical solutions powerhouse. Pankaj also joins the company's board of directors.
