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Delphax Closes On Financing Agreement With Air T, Inc.

2015-12-03 22:09:05| Air Courier - Topix.net

In addition, Delphax's Canadian subsidiary, Delphax Technologies Canada Limited, issued a of the new financing to pay off a subordinated note issued on the date the Securities Purchase Agreement was signed on , 2015. The remainder of the proceeds will be used to build additional production units of the elan and for sales and marketing costs.

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Climate Deal Needs Enough Public Financing

2015-12-03 12:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: Investing in a low carbon infrastructure, particularly renewable energy, is key to addressing climate change. The really big investment challenges are in the developing world where access to modern energy services is far below what is needed to achieve the Sustainable Development Goals; indeed, almost two billion people still lack access to electricity. Globally, more than 30 million tons of oil equivalent are consumed in the form of primary energy every day, equivalent to 55 kilowatt hours (kwh)...

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VW Said to Sign 20 Billion-Euro Bridge Financing Deal on Friday

2015-12-02 16:30:40| Automakers - Topix.net

Volkswagen AG plans to sign a 20 billion-euro bridge financing deal with about 13 banks on Friday to demonstrate that the German automaker has adequate liquidity to weather the emissions cheating scandal, according to people familiar with the matter. The banks, led by Citigroup Inc. and UniCredit SpA, will each provide financing of either 1.5 billion euros or 2.5 billion euros, said the people, who asked not to be identified because the negotiations are confidential.

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OECD agrees deal to restrict financing for coal technology

2015-11-18 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Members of the Organisation of Economic Cooperation and Development (OECD) struck a deal on Tuesday to restrict subsidies used to export technology for coal-fired power plants, ending months of wrangling. Representatives of the world's richest countries agreed a deal to end export credits for inefficient coal plant technology to take effect from Jan. 1, 2017, with a review in 2019 that could allow the deal to be strengthened. This week's talks at the Paris-based OECD were viewed as a final chance...

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OECD countries agree to restrict financing for overseas coal power plants

2015-11-18 12:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: A compromise struck by the United States, Japan and several other major nations will restrict export financing to build coal power plants overseas, but not eliminate it completely. The agreement reached Tuesday is an important step forward that sends a strong political message ahead of upcoming international climate change negotiations in Paris, an American official and environmentalists said. Japan and the United States were long at odds on this issue. The Obama administration announced in...

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