Tag: economy

General Mills Buys 100 MW from Cactus Flats Wind in Texas

General Mills announced it has a 15-year power purchase agreement with Renewable Energy Systems for the 150-MW Cactus Flats wind project under development in Concho County, Texas.

The company will purchase renewable energy credits to apply toward its carbon emission reduction goals.

“As we help mitigate the impacts of climate change, investing in wind energy is the right thing to do,” said John Church, Executive Vice President of Supply Chain at General Mills. “This investment is another step towards reducing our energy footprint and achieving sustainable emission levels – in line with scientific consensus – by 2050.” Continue reading “General Mills Buys 100 MW from Cactus Flats Wind in Texas”

ABC’s Construction Backlog Indicator Rebounds in 2017 

Image result for association of builders and contractorsWASHINGTON, June 21– Associated Builders and Contractors (ABC) today reported that its Construction Backlog Indicator (CBI) rose to 9 months during the first quarter of 2017, up 8.1 percent from the fourth quarter of 2016.  CBI is up by 0.4 months, or 4 percent, on a year-over-year basis.


“This was a terrific report,” said ABC Chief Economist Anirban Basu. “For the first time in the series’ history, every category—firm size, industry and region—registered quarterly growth in CBI. Among the big winners were firms in the western United States and those with annual revenues between $30 million and $50 million per annum.

Continue reading “ABC’s Construction Backlog Indicator Rebounds in 2017 “