Ceres delays its IPO, slashes price
Thousand Oaks-based energy crop maker Ceres has drastically lowered expectations for its initial public offering and delayed it for a week, according to regulatory filings and investment banking sources. The company was set to raise as much as $132 million on the Nasdaq when shares hit the markets under the name CERE on Feb. 9. Read More →
Berkshire Hathaway buys Topaz project
The 550-megawatt Topaz solar project in northern San Luis Obispo County landed an endorsement from Warren Buffett on Dec. 7 when a unit of Berkshire Hathaway announced it was acquiring the project from Arizona-based First Solar.
Buffett plugs into SLO solar farm
The 550-megawatt Topaz solar project in northern San Luis Obispo County got a new owner on Dec. 7 when Warren Buffett’s Berkshire Hathaway announced it was acquiring the project from Arizona-based First Solar. The price was not disclosed, but the project is expected to cost about $2 billion. After a lengthy permitting process, First Solar Read More →
Festivals go green: Food events around the region focus on recycling
Earth Day doesn’t arrive until April, but tri-county festival-goers are getting the chance to go green this fall.
Sustainability key focus for business leaders
Ventura County business leaders overwhelmingly think sustainable practices will be necessary to compete. A survey conducted at the annual Ventura County Economic Development Association outlook conference showed that two-thirds of businesses expect to see increased spending on sustainable practices, and about 70 percent of respondents said sustainable practices are competitively important. “Brand reputation is the Read More →
Transphorm gets $3.6M grant
Transphorm, the Goleta-based energy efficiency firm backed by $63 million from Google and other investors, has received a $3.6 million federal grant to improve solar panels. Transphorm’s technology uses a semiconducting material called gallium nitride to drastically reduce heat waste in electronic systems. The grant from the U.S. Department of Energy went to Transphorm in Read More →