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…
Fitch Ratings has assigned an "A" rating - or high credit quality -- to Concord Hospital's $50 million of series 2011 revenue bonds, which are issued by the New Hampshire Health and Education Facilities Authority.The credit ratings agency also gave…
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, 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…
The New Hampshire Attorney General's Office was preparing a case against an appraiser for Financial Resources Mortgage Inc. nearly three years before the Meredith company's massive Ponzi scheme collapsed, according to an e-mail from Maine's attorney general.The case was against…
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 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…
In New Hampshire, Slow Money is still in the developmental stage, focusing on getting the word out and rallying investors interested in local food enterprises
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,…
Will families be able to cherry-pick their own sick kid into the individual market to avoid having to go into the assigned risk pool for group health coverage? The insurance industry is concerned that they can and hopes that House…
