On Friday, Shares of SunEdison, Inc. (NYSE:SUNE), lost -5.67% to $14.14.
Governor Charlie Baker and leaders from Bristol Community College (BCC) and its partners recently unveiled New England’s largest solar parking canopy to date, a 3.2 megawatt solar array covering 800-parking spaces on five acres of the College’s Fall River Campus.
Built in partnership with the nonprofit energy-buying consortium PowerOptions and its solar partner SunEdison, Inc. (SUNE), the solar array will generate more than 34 million kilowatt hours of energy each year, enough to cover half of the campus’ electricity needs and generate a 20-year savings of more than $1.75 million. The solar parking canopy avoids the emission of more than 1,500 tons of carbon dioxide each year, which is the same as removing about 5,000 cars from the road.
The solar canopy will supply power for the entire Fall River Campus, and is slated to be a major part of the Zero Net Energy plans for the John J. Sbrega Health and Science Building which is presently under construction. The building will house health sciences programs and life sciences laboratory learning spaces, which are notoriously huge energy consumers. The solar canopy, coupled with design choices for passive solar in the building itself and installation of geothermal wells, will assist the college achieve this Zero Net Energy aim for the building.
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.
Shares of American International Group, Inc. (NYSE:AIG), inclined 1.60% to $64.25, during its last trading session.
Lexington Insurance, a division of American International Group, Inc. (AIG), and the largest excess and surplus carrier in the U.S., celebrated the 50th anniversary of its incorporation by hosting a day of giving back at its Boston headquarters.
About 250 employees took part by volunteering at one of three charities, counting Stop Hunger Now, for which employees packaged about 40,000 meals for those in need overseas. Lexington employees also assisted clean and maintain a local park in Boston and assembled back-to-school kits for children as volunteers for The Esplanade Association and Cradles to Crayon, respectively.
As a company, AIG last year saw a 76 percent enhance in volunteer hours served during its Global Volunteer Weeks. Employees from 46 countries take partd in 324 community service projects, volunteering more than 23,500 hours of their time.
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally.
Finally, WuXi PharmaTech (Cayman) Inc. (NYSE:WX), ended its last trade with 6.15% gain, and closed at $43.86.
Wuxi PharmaTech declared that it has reached a definitive Agreement and Plan of Merger with New WuXi Life Science Limited and WuXi Merger Limited, a wholly owned partner of Parent.
Following the Merger Agreement, Parent will acquire the Company for cash consideration equal to US$5.75 per ordinary share of the Company (each, a “Share”) and US$46 per American Depositary Share of the Company, each representing eight Shares (each, an “ADS”), or about US$3.3 billion in aggregate cash consideration. This represents a 16.5% premium over the closing price of US$39.50 per ADS as quoted by the New York Stock Exchange (the “NYSE”) on April 29, 2015, and a premium of 18.9% and 20.1%, respectively, over the Company’s 30- and 60- trading day volume-weighted average price as quoted by the NYSE preceding to April 29, 2015, the last trading day preceding to the Company’s declaration on April 30, 2015 that it had received a non-binding “going private” proposal.
Wuxi PharmaTech (Cayman) Inc. operates as a pharmaceutical, biotechnology, and medical device research and development services company in China and the United States. It operates through two segments, Laboratory Services and Manufacturing Services.
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