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Starwood Energy to finance Calif. electricity transmission line

2015-07-16 03:56:17| Energy - Topix.net

Greenwich-based private investment firm Starwood Energy , in a joint venture with sustainable energy company Abengoa, won a contract by the state of California to build a 114-mile electricity transmission line between two substations. California Independent System Operator named the companies as the approved sponsor to finance, construct, own, operate and maintain the Delaney to Colorado River 500 kilovolt line.

Tags: line finance energy transmission

 

Honda's US auto finance arm to pay US$24 million over loan pricing problems

2015-07-14 23:01:40| Automakers - Topix.net

WASHINGTON: A U.S. auto finance arm of Honda Motor Co will pay US$24 million in restitution over allegations that its loan pricing practices caused minority customers to pay higher interest rates than white borrowers did, U.S. regulators said on Tuesday. The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination.

Tags: auto problems pay finance

 
 

Honda's U.S. auto finance arm to pay $24 million over loan pricing problems

2015-07-14 22:40:59| Auto Dealers - Topix.net

The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination. The company added that it disagreed with how the two regulators determined discrimination but "we nonetheless share a fundamental agreement in the importance of fair lending."

Tags: auto problems pay finance

 

Australia directs Clean Energy Finance to limit funding renewable power projects

2015-07-14 01:00:00| Power Technology

Australia Prime Minister Tony Abbot has issued orders for the A$10bn ($7.5bn) Clean Energy Finance (CEFC) to discontinue investments in wind power projects and roof-top solar panels.

Tags: power finance australia energy

 

Lowe\'s Names Mason SVP-Corporate Finance And Treasurer

2015-07-13 07:00:00| Coatings World Breaking News

Tags: finance names mason treasurer

 

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