-
Thailand’s New Prime Minister Faces Challenges with Populist Policies
The Global Banker Republished with full copyright permissions from The Washington Daily Chronicle. Thailand’s recently elected Prime Minister, Srettha Thavisin, has encountered a tumultuous start to his tenure. Controversy surrounded his ascension, as his party formed an alliance with the military-backed establishment, thwarting the progressive Move Forward party from assuming power. Amidst this backdrop, Srettha’s…
-
Michigan Utility Repurposes Former Coal-Generation Site for Solar Power
The Global Banker Investor-owned utility Consumers Energy is taking significant strides towards achieving its sustainability goals by spearheading the conversion of the former Karn coal facilities in Essexville, Bay, Mich., into a state-of-the-art 85 MW solar array. In line with its commitment to renewable energy, the utility aims to close all coal plants by 2025,…
-
Duke Energy Successfully Concludes Sale of Commercial Distributed Generation Portfolio
The Global Banker Duke Energy, one of the largest electric power holding companies in the United States, recently finalized the sale of its commercial distributed generation portfolio. The transaction involved transferring the portfolio to an investment fund managed by ArcLight Capital Partners LLC, a prominent middle market infrastructure investment firm. This sale, which had initially…
-
Advanced Power Sells Oriana Solar to Sabanci Renewables
The Global Banker Advanced Power, a prominent player in the renewable energy sector, has recently finalized the sale of its 100% interest in the 232 MW DC Oriana Solar project to Sabanci Renewables, a subsidiary of Sabanci Holdings. This transaction marks another successful venture for Advanced Power, as it has achieved the origination and closure…
-
The Outlook for Inflation in 2023 and Beyond
The Global Banker The question on everyone’s minds is when will inflation finally go down? Unfortunately, predicting exactly when inflation will come down is not an exact science, as many factors contribute to inflation rates, and many are outside our control. However, inflation may start to slow down in 2023. According to the Federal Reserve,…
-
The Battle Within: Conservative Party’s Conference Reflects an Internal Struggle
The Global Banker Republished with full copyright permissions from The Washington Daily Chronicle. At the annual Conservative Party conference held in Manchester, a sense of uncertainty loomed over the event as members gathered to confront challenges from both within and outside the party. With the upcoming general election on the horizon, the conference revealed a…
The Global Banker 