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Energy & Utilities
CT natural gas utilities call state regulator's proposed cuts totalling $75M 'unprecedented' and 'punitive'
Andrew Larson October 9, 2024The state’s utility regulator has issued draft decisions imposing $75 million in cuts on two natural gas utilities, which their parent company, Orange-based Avangrid Inc., says will cause infrastructure upgrades to be deferred and lead to higher p
Andrew Larson October 9, 2024
While 5-day, in-office mandates are on the rise in CT, hybrid policies remain the norm
Greg Bordonaro October 3, 2024While some companies have made headlines recently by announcing plans to move to a five-day, in-office work requirement for most employees, that policy still isn't the norm among U.S. employers.
Greg Bordonaro October 3, 2024
Eversource completes exit from offshore wind business
Andrew Larson October 1, 2024Eversource Energy, which provides electricity to most of the state, announced Monday it had completed the sale of its 50% stake in two offshore wind projects.
Andrew Larson October 1, 2024
Another major CT employer implements 5-day, in-office requirement
Andrew Larson October 1, 2024Energy company Avangrid has ordered its employees back to the office five days a week, putting an end to remote-work arrangements established during the COVID-19 pandemic.
Andrew Larson October 1, 2024
32,400-sq-ft Windsor warehouse fetches $1.85M from owner-user
Michael Puffer October 1, 2024A limited liability company tied to an East Hartford-based wholesaler of oils, lubricants and other automotive fluids recently paid $1.85 million for a 32,400-square-foot warehouse in Windsor.
Michael Puffer October 1, 2024-
In CT, flooding is on the rise. But the state has new tools to face it
Jan Ellen Spiegel, CT Mirror September 30, 2024You don’t have to convince Jeff Manville that the costs to upgrade infrastructure in Southbury was money well-spent.
Jan Ellen Spiegel, CT Mirror September 30, 2024
Politically correct electricity will raise rates, fail climate
Chris Powell September 30, 2024How much do Connecticut and Governor Lamont want to commit to buying a lot of politically correct electricity to reduce “global warming” before ascertaining and understanding its price?
Chris Powell September 30, 2024
Silvestrini made millions on his first CT solar company; his latest clean energy venture manages more than $120M in assets
Andrew Larson September 30, 2024Four years ago, Chester-based Energea Global LLC had no income, no investors and no projects.
Andrew Larson September 30, 2024
South Central CT Regional Water Authority, ClimateHaven partner to create water innovation hub in New Haven
David Krechevsky September 27, 2024The South Central Connecticut Regional Water Authority (RWA) and ClimateHaven, the New Haven-based climate technology incubator, announced Thursday they have formed a partnership to create a water innovation hub.
David Krechevsky September 27, 2024
Windsor-based energy consulting firm buys company headquartered in Dublin
Harriet Jones September 26, 2024TRC, a Windsor-based energy transition consulting firm backed by private equity, has acquired Garanzuay Consulting, headquartered in Dublin, Ireland.
Harriet Jones September 26, 2024
Danbury-based FuelCell Energy faces investor backlash over proposed reverse stock split
Andrew Larson September 25, 2024An investor has launched an effort to derail Danbury-based FuelCell Energy Inc.’s plan to perform a reverse stock split, aimed at boosting its share price above $1 to comply with Nasdaq listing rules.
Andrew Larson September 25, 2024
California company acquires Shelton-based water treatment supplier
Andrew Larson September 24, 2024A California-based company has acquired water treatment business Clearwater Industries, which is headquartered in Shelton, according to an announcement.
Andrew Larson September 24, 2024
Water authority buys Cheshire land for preservation
Hanna Snyder Gambini September 23, 2024The Regional Water Authority has acquired nearly 80 acres of open space in Cheshire for preservation.
Hanna Snyder Gambini September 23, 2024
CT Energy Assistance Program at risk of collapse, distributors say
Keith M. Phaneuf, CT Mirror September 18, 2024Based in one of eastern Connecticut’s poorest communities, Matthew Butler long has taken pride that his fuel distribution business participates in the state’s winter heating assistance program.
Keith M. Phaneuf, CT Mirror September 18, 2024
CT opts out — for now — of offshore wind, raising concerns about motives
Jan Ellen Spiegel, CT Mirror September 16, 2024It was supposed to be New England’s biggest and most innovative offshore wind initiative ever — a three-state solicitation by Connecticut, Massachusetts and Rhode Island designed to get the best prices and efficiencies for a lot of new offshore wi
Jan Ellen Spiegel, CT Mirror September 16, 2024
Windsor-based company wins contract to design fuel cell-electrolyzer capable of space travel
Andrew Larson September 12, 2024Windsor-based Infinity Fuel Cell and Hydrogen Inc. has won a contract for the initial design of a space-capable combined fuel cell-electrolyzer system, the company announced Wednesday.
Andrew Larson September 12, 2024
Today's Poll
CVS Health, parent company of Hartford health insurer Aetna, recently told employees it will cut 1% of its workforce, or about 2,900 employees.
The job cuts will mostly impact corporate jobs and are part of a broader $2 billion cost-cutting effort.
Meantime, CVS’ board of directors is performing a full assessment of the company, which has struggled financially in recent quarters, including the possibility of breaking it up, according to the Wall Street Journal.
This is the latest round of layoffs for CVS and Aetna. Just over a year ago, CVS said it would cut about 5,000 jobs nationwide, including hundreds of jobs at Aetna.
2022 Giving Guide
This special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
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Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
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2024 Book of Lists
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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2022 Giving Guide
This special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
-
Subscribe
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
-
2024 Book of Lists
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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