Wed. Aug. 10, 2011 Construction is underway on solar project at Northfield Mountain
FirstLight Power Resources said today that construction recently started on a 2 megawatt solar facility at the company’s existing hydro-generation site at Northfield Mountain in Northfield. With plans for about 18,000 photovoltaic panels to cover 11 acres of land, the solar facility is expected to be completed by late November. According to the Solar Energy Industries Association, one megawatt of solar capacity can power 150 to 250 homes. Carbonite lowers IPO share price
Carbonite Inc., a Boston company that provides online data backup services, said today that it has cut the amount it is seeking to raise in an initial public stock offering. Late last month, Carbonite said it hoped to raise as much as $106 million in an IPO by selling shares in the company at $15 to $17 a share. But today, after a week of tumult on Wall Street, Carbonite said that it now plans to price its shares between $10 and $11. T2 Biosystems completes $23m Series D financing
Lexington-based T2 Biosystems said it raised $23 million that will be used partly to support the advance of an experimental treatment for blood stream infections. The funding round was led by new investor Aisling Capital LLC, a private equity firm based in New York. Joining Aisling in the round were existing investors Flagship Ventures, Polaris Venture Partners, Flybridge Capital Partners, Physic Ventures, Partners Healthcare, Arcus Ventures, RA Capital, Camros Capital, and WS Investments. Avila Therapeutics moves to larger quarters
Avila Therapeutics, a biotechnology company developing targeted covalent drugs that treat diseases through protein silencing, said it has relocated its operations to a 23,000-square-foot facility in Bedford. The new space is more than twice the size of the company’s previous facility in Waltham. More space was needed as the company’s pipeline of drug candidates advances towards commercialization. TripAdvisor lists most desirable vacation-rental amenities. Personal chef, anyone?
TripAdvisor, the travel review website based in Newton, has just released a survey that asked more than 1,000 respondents to list the amenities they find most desirable in a vacation rental property. Surprisingly perhaps, Wi-Fi Internet access did not top the list. MassChallenge start-up class attracts more than $90m in funding
MassChallenge Inc. said its inaugural class of 111 start-ups has collectively secured about $90 million in funding and created 500 jobs over the past 12 months. The nonprofit describes its mission as seeking to catalyze a start-up renaissance by providing support such as free office space to early-stage entrepreneurs. MassChallenge launched its first start-up competition and accelerator program last year. Mass reaches $125 million settlement with subprime lender
The company formerly known as Option One will pay $125 million to resolve charges of unfair lending and discriminatory practices against thousands of Latino and black borrowers. PCMag.com: Apple, Best Buy have website disruptions because of problems at Akamai
A problem with service provided by Akamai Technologies Inc. “slowed or took down major websites Monday afternoon, including Apple.com,” PCMag.com is reporting. A spokesman for Akamai, an Internet data delivery company headquartered in Cambridge, confirmed that there was a problem for about 30 minutes yesterday afternoon, but that the problem has since been resolved. AIM’s business confidence index stabilized in July
A business confidence index maintained by the Associated Industries of Massachusetts stabilized in July after drops in May and June. On a 100-point scale, the confidence level of the state’s employer community posted a reading of 50.5 for July. AAA: Mass. gas prices fall 2 cents a gallon
The average price for gas in Massachusetts was $3.739 a gallon in the latest weekly survey from AAA, down 2 cents from the previous week’s average. It was the first time that the average dropped in a month, and it follows the decline in crude oil prices. The national average price is $3.65 a gallon. Bertucci’s taps Legal Sea Foods veteran to be its new executive chef
Bertucci’s Italian Restaurant, a Northborough-based chain of 94 locations known for brick-oven cuisine, said it has hired a former culinary director at Legal Sea Foods to be the third executive chef in Bertucci’s 30-year history. Bertucci’s new executive chef is Jeff Tenner. | 
No comments:
Post a Comment