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Green Business

Chenevert leaving with $325M in UTC stock

Louis Chenevert, who shocked the corporate community by abrupting resigning as CEO and chairman of United Technologies on Monday, will depart the company owning at least $325 million of its stock.

Natural gas remains concern for N. England winter

Electric grid administrator ISO New England said the region could be plagued by the familiar natural gas supply issues this winter, even though the grid has ensured there will be enough power to meet...

Long Island Sounds projects receive $1.3 million

The federal government, along with Connecticut and New York, has issued 22 grants totaling $1.3 million to projects designed to improve the long-term health of Long Island Sound.

CT wins two national green awards

The Connecticut Department of Energy & Environmental Protection and the Clean Energy Finance & Investment Authority each received national recognition from the Clean Energy States Alliance for their...

North Haven firm pays $124K for ammonia release

A company that operates a North Haven cold storage warehouse has agreed to pay $124,181 to settle claims by the U.S. Environmental Protection Agency that the Connecticut firm violated the Clean Air...

CT saves $35M in green debt issue, refi

Connecticut taxpayers will save $35.4 million from the state treasurer's recent sale and refi of $556.6 million in grade-A debt for infrastructure and clean-water improvements.

UTC energy subsidiary wins $43M contract

Noresco, part of United Technologies Corp.'s UTC Building & Industrial Systems unit, said it has won a $43 million contract for energy savings work at a U.S. Army base in South Carolina.

Theraplant delivers marijuana extracts to dispensaries

Watertown's Theraplant said Monday that it is the first of the state's four licensed medical marijuana producers to deliver extracts to dispensaries.

UTC's Chenevert retires; CFO Hayes tapped as new CEO

In a surprising announcement Monday morning, United Technologies Corp. said CEO and Chairman Louis R. Chenevert has resigned effective immediately.

G&W buys Ark. railroad from Mass. owner

Darien rail operator Genesee & Wyoming, parent of Hartford’s Connecticut Southern Railroad, said it will acquire the Arkansas division of Westfield, Mass.’s Pinsly Railroad Co. for $40...

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