News

Algonquin Power renews $142m loan facility

Algonquin Power & Utilities Corp. has received approval on the renewal of a $142 million, three-year secured revolving credit facility, enabling it to take the next step in its plans to purchase two utility companies in New Hampshire.Algonquin's wholly owned…

Shaheen pushes for SBIR reauthorization

The federal Small Business Innovation Research program is once again facing possible extinction -- a fate New Hampshire U.S. Sen. Jeanne Shaheen has been working hard to prevent.A stopgap measure last year temporarily saved SBIR, along with the Small Business…

Gayle Spence: the full interview

Gayle Spence, a former director of worldwide sales at Cabletron Systems, and then Enterasys Networks, pleaded guilty in 2006 to one count of securities fraud and then testified against her fellow employees, four of whom were convicted and sentenced to…

CDFA energy loans reach milestone

A $6.6 million revolving fund that provides low-interest loans and grants to New Hampshire businesses and nonprofits to finance energy improvements has completed its first round of lending.In partnership with the New Hampshire Community Loan Fund, the Community Development Finance…

Mascoma nets $50m from Valero

Mascoma Corp., a Lebanon-based maker of cellulosic biofuels, has signed a letter of intent worth up to $50 million with Texas-based Valero Energy Corp., the country's largest independent oil refiner, to build a wood-based biofuel refinery in Michigan.Valero also has…

Dyn Inc. acquires SendLabs

Manchester-based Dynamic Network Services has acquired e-mail delivery provider SendLabs, also of Manchester. According to Dyn Inc., a global provider of Web hosting services, strong customer demand for outbound e-mail delivery solutions prompted the acquisition. "Deliverability is a major issue,…