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GSE Systems Secures Agreement With Major LPG Supplier To Perform Engineering Services At UK Sites

2015-01-02 05:33:26| plantautomation News Articles

Global energy services solutions provider GSE Systems, Inc. has signed a three-year agreement with a major liquid petroleum gas (LPG) supplier to perform electrical engineering as well as instrumentation, control and automation (IC&A) services to all of the client’s UK sites

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Cancer-fighting Vermillion secures $10.5M to keep its doors open

2014-12-24 08:24:19| Biotech - Topix.net

Vermillion Inc. announced that it has secured $10.5 million in new capital from a group of investment firms and company directors - and they have the option to purchase more shares of the struggling biotech company in mid-2015. The warrants for future stock could generate another $8.3 million for the company, which has pinned most of its business prospects on the OVA1 screening test for ovarian cancer.

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Li-ion maker Boston Power secures US$290M from two local Chinese governments for expansion

2014-12-22 22:55:29| Green Car Congress

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Xiaomi secures over USD 1 bln in funding round - report

2014-12-22 05:32:00| Telecompaper Headlines

(Telecompaper) Chinese manufacturer Xiaomi is raising over USD 1 billion in its latest funding round. This values the Chinese smartphone maker at over USD 45 billion, the Wall Street Journal reports, citing an unnamed person familiar with the matter. Expected to close on 22 December, the funding round is led by tech investment fund All-Stars Investment, the source added. Other participants in the round include existing Xiaomi shareholders Russian investment firm DST Global and Singapore fund GIC. Private-equity firm Yunfeng Capital is also participating in the round. A Xiaomi spokesman declined to comment. Back in August 2013, in its previous funding round, Xiaomi was valued at USD 10 billion.

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VELCO Secures Opportunity to Provide Ratepayer Relief

2014-12-21 00:37:00| Transmission & Distribution World

Vermont Electric Power Company (VELCO) has entered into an agreement with TDI-New England that could reduce transmission costs paid by Vermont electric ratepayers. The agreement is contingent on TDI-NE’s successfully completing its New England Clean Power Link Project (Project), a 1,000-MW High Voltage Direct Current (HVDC) transmission line with in-state impacts that extend from Alburgh to Ludlow, where it will connect to the transmission grid at VELCO’s Coolidge substation. read more

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