On Thursday, Shares of SunEdison, Inc. (NYSE:SUNE), lost -25.32% to $17.08.
SunEdison declared that it has signed a 20 year power purchase agreement with the Rialto Unified School District in California for 8.4 megawatts (MW) DC of solar power. As part of the agreement, SunEdison will install solar canopies above the parking lots of all 28 schools in the district.
The school district anticipates the solar systems to generate a 20 percent savings on their electricity bill, which equates to $1 million saved in the first year alone. Over the course of the 20-year contract, the school district anticipates to generate an estimated $30 million dollars savings on energy costs.
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 JPMorgan Chase & Co. (NYSE:JPM), declined -0.70% to $68.25, during its last trading session.
Chase declared it will join Techstars in supporting entrepreneur communities in Detroit and six other American cities through Startup Week powered by Chase, a community-led celebration of entrepreneurs.
Now in its second year, this national sponsorship grew out of Chase’s title role in Denver Startup Week, the largest free entrepreneur event in North America. Startup Week, under the guidance of Techstars, brings entrepreneurs, local leaders, and friends together over five days of free programming, speakers, education and networking to build momentum and opportunity around a community’s unique entrepreneurial identity.
The expanded sponsorship was declared recently at the University of Colorado Boulder at an event called “Entrepreneurs Unplugged,” where Dimon spoke alongside Techstars’ founder Brad Feld.
JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Administration.
Finally, CONSOL Energy Inc. (NYSE:CNX), ended its last trade with 2.81% gain, and closed at $14.29, hitting its lowest level.
CONSOL Energy stated financial and operational results for the three months ending June 30, 2015.
Capital Investment and Resources
CONE Midstream’s allocated second quarter 2015 share of investment in expansion projects was $29.5 million. Total expansion capital investment at the three development companies in which CONE Midstream holds controlling interests was $72.8 million, with individual development company totals as follows:
- Anchor Systems (Development Company 1): Expansion investments totaled about$36.9 million and were primarily expended for continued gathering system extensions to nine well pads in Greene and Washington Counties (PA), additional compression at McQuay and Majorsville Stations, together with pipeline expansion and an additional tap to relieve bottlenecks in the North Nineveh field.
- Growth Systems (Development Company 2): Expansion investments totaled about$7.0 million and primarily were expended on land and permitting associated with future development in Harrison and Lewis Counties (WV).
- Additional Systems (Development Company 3): Expansion investments totaled about$28.8 million for the continued construction of Shirley Station, construction of our Sherwood South gathering pipeline that connects the Oxford field in southern Doddridge County to MarkWest Sherwood, and additional pipeline construction in the Moundsville field and Allegheny County Airport project areas.
CONSOL Energy Inc., together with its auxiliaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal.
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