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The largest clean energy project in US history closes $11B, starts full construction

SunZia, a massive clean energy project in the US Southwest, has closed $11 billion non-recourse financing and launched full construction. Daniel Elkort, executive vice president at Pattern Energy, the project’s California-based developer, said about the milestone finance package: The size and scale of both the SunZia project and this multifaceted financing show that the renewable energy space can secure attractive capital at levels previously only seen in traditional generation. The…

Job growth slows as private sector sheds 2,000 positions

Colorado employers shed 700 jobs last month, a decline that would have been much worse without some decent government hiring, according to a monthly update from the Colorado Department of Labor and Employment. Private sector employers cut their payrolls by 2,100 positions last month on a seasonally adjusted basis, while government employers added 1,400 jobs. October’s numbers were also revised lower, taking the original estimate of 1,500 jobs down to no jobs. “I am not surprised by the decrease in employment during…

Lakewood apartment project at edge of Belmar Park faces opposition

A raft of ducks perched and waddled on the frozen surface of a pond at Belmar Park on a recent fall morning — foreground bustle for a double-crested cormorant rookery located on a small island just offshore. This 132-acre park in the middle of Lakewood, Colorado’s fifth-largest city, is tagged as a “hotspot” on eBird.com, where birders have recorded sightings of more than 230 bird species — many of them migratory — in the park, including the Northern shoveler, the cedar waxwing and the dark-eyed junco. But according to an…

Homebuilder Thomas James Homes pulling out of Denver

Thomas James Homes will wind down its Denver operations by next fall and exit the state after finding a tougher-than-expected market. “We did decide to phase out of the market,” confirmed Steve Kalmbach, president and COO of the California-based homebuilder. “We have 34 homes that we are still going to deliver and sell in 2024.” Denver’s housing market received a boost from in-migration during the pandemic years, bolstering home prices, which attracted the builder, based in Aliso Viejo, Calif., to what it thought would…

Bear euthanized after Imperial Oil unintentionally bulldozes den

A black bear has been euthanized after its den was "unintentionally bulldozed" by Imperial Oil in northern Alberta, the province's energy regulator told CBC News.The incident occurred on Dec. 6 near the Kearl oilsands project, according to the company.Imperial Oil spokesperson Lisa Schmidt said in a statement that a contractor was building a drill pad in a previously cleared area when "equipment accidentally impacted a concealed bear den."A black bear in the den was injured and euthanized by Alberta Fish and Wildlife.The…

Denver cuts ribbon on Colorado Convention Center’s rooftop ballroom

Denver city officials and business leaders converged atop the Colorado Convention Center Thursday to celebrate the completion of an 80,000-square-foot rooftop ballroom — part of a project that’s a decade and $233 million in the making. The project hit several hurdles, including a bid-ridding scandal, but the focus at the ribbon-cutting ceremony was on the boost in downtown spending and tax revenue the expansion is expected to deliver. The new flexible space, dubbed the Bluebird Ballroom, comes with an outdoor terrace.…

Excon 2023: Volvo CE Unveils India’s First Electric Excavator & Future-Ready Innovations

Reported By: Samreen PallLast Updated: December 13, 2023, 10:01 ISTExcon 2023: Volvo CE Unveils India's First Electric Excavator & Future-Ready Innovations. (Photo: Volvo CE)Volvo CE wows at Excon 2023, unveiling India's first electric excavator and eco-friendly machines, pioneering a green shift in construction. Volvo Construction Equipment (Volvo CE) India hit a big milestone at Excon 2023, the region’s largest Construction Equipment event, by showcasing a bunch of electric machines.They’re on a mission for

Macy’s Billion-Dollar Question: What’s More Valuable, Real Estate or the Business?

A potential buyout of Macy’s by an investor group revives an old theory: that much of the value in retail lies in real estate.Macy’s shares surged Monday after a Wall Street Journal report that Arkhouse Management and Brigade Capital Management submitted a buyout proposal Dec. 1 valued at $5.8 billion. The investors proposed to acquire Macy’s stock they didn’t already own for $21 a share, a roughly 32% premium to where shares closed the day before.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.

Buc-ee’s expects first store in Colorado to be ready to open in March

Work is on schedule for Colorado’s first Buc-ee’s to open early next year. The Texas-based company, known for its mega convenience stores, gas stations and red-capped beaver mascot, is building a store in Johnstown. The store will be the company’s first planned outside the South and the farthest west. And at 74,000 square feet, the Johnstown store will be one of the biggest Buc-ee’s. There will be 120 gas pumps. “We’re scheduled to open the store in March. As we get closer to March, we’ll announce the official day,” Jeff…

Bengaluru-Chennai Expressway: Completion Pushed to June 2025, Andhra Pradesh Stretch Lags Behind

Bengaluru-Chennai Expressway: Completion Pushed to June 2025, Andhra Pradesh Stretch Lags Behind. (Representational Image)Bengaluru-Chennai expressway faces delays, aiming for mid-2025 completion at 51.5 percent. Dust concerns addressed amidst humanizing the project's challenges.The highly anticipated Bengaluru-Chennai expressway, initially slated for an October 2024 finish, encounters prolonged delays, mainly due to a slow pace in a section of Andhra Pradesh.The comprehensive project now eyes completion by June 2025,…