InterOil Enters Short Term $25 Million Secured Credit Facility (PR Newswire)
InterOil Corporation today announced that it has closed on a $25 million secured term loan bearing a 10% interest rate with Clarion Finanz AG. Â The term loan facility matures on January 31, 2011 and will be used for upstream development and general corporate purposes. Â InterOil has agreed to pledge to Clarion Finanz a 2.5% interest in the Elk and Antelope fields as collateral for the facility. us.rd.yahoo.com |
BGE awards smart meters contract to Silver Spring Network
Baltimore Gas and Electric Co. has hired a California company to provide the technology to upgrade its systems to a âsmart grid.â feeds.bizjournals.com |
Matsui bill creates loans for clean energy
Rep. Doris Matsui Thursday introduced legislation to help small businesses in the clean energy sector access financing. feeds.bizjournals.com |
World Fuel completes acquisition
World Fuel Services Corp. said Friday that its wholly owned subsidiary, World Fuel Services, has completed its previously announced purchase of the capital stock of Western Petroleum Co. (INT) feeds.bizjournals.com |
Fluor wins engineering contracts in Spain
Engineering and construction company Fluor Corp. said Wednesday it has been awarded a contract to provide engineering services on two 50 megawatt solar power plants in Alcazar de San Juan, Spain. feeds.bizjournals.com |