Capital Costs News
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SSE Plc, the U.K.’s second-biggest energy supplier, agreed to buy a Scottish wind farm from Britain’s Renewable Energy Systems Ltd. requiring total 200 million pounds ($304 million) investment.
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Denmark’s biggest banks want the state to clarify its readiness to bail them out.
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The U.S. government may propose legislation that would help investors lower the cost of capital for renewable-energy projects, the acting energy secretary said.
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Kinross Gold Corp., Canada’s third- largest gold miner, will start a feasibility study on expanding its Tasiast mine in Mauritania with a 38,000 ton-per-day mill.
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Newcrest Mining Ltd., Australia’s largest gold producer, said it’s reviewing its business activities as it reported a 3.3 percent drop in third-quarter output amid rising costs and falling prices.
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Doug Young is betting $1.8 million that he can make money from the waste produced by his 1,800-dairy-cow farm near Union Springs, New York.
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Bloomberg BNA -- The environmental impact of doing business costs the global economy $4.7 trillion a year, according to a report released April 15 .
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HSH Nordbank AG, the world’s largest shipping bank, agreed to sell a portfolio of 10 unprofitable vessels to Greek freight company Navios Group to reduce its risks on loans by about $300 million.
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Brazil’s central bank will raise interest rates today for the first time in almost two years, economists forecast, after inflation accelerated to a pace that threatens the economy’s fragile recovery.
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President Barack Obama is considering the sale of all or part of the Tennessee Valley Authority, the largest publicly owned U.S. power company, in a deal that may raise as much as $35 billion as the administration seeks to reduce the national debt.
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