Duke Energy invests in minority business through Columbia bank
Duke Energy deposited $5 million into Black-owned Optus Bank at the end of 2020 to amplify the company's support for minority-owned businesses and low-income communities.
Upstate broadband company expands with $7.5M investment
As broadband investment projects unfurl across the state, Greenville-based Broadband Infrastructure Inc. received $7.5 million in capital from a recent funding deal with Emigrant Business Credit. BbI, parent company to Carolina Underground Solutions LLC and Absolute Technologies LLC, will use the capital to finance its expansion as 2020’s Roaring Twenties Small Company honoree. “We are […][...]
VentureSouth partner Proterra goes public
VentureSouth portfolio company Proterra will become a publicly traded company through the acquisition of ArcLight Clean Transition Corp.
Duke Energy gifts $100,000 to support S.C. businesses
In support of local businesses across its service region, Duke Energy gave $100,000 to CommunityWorks’ small-business coaching and lending programs.
IPS acquires Mississippi company
Integrated Power Services, a Greenville-based provider of service, repair and engineering for electric motors and generators, has acquired Industrial Electric Motor Works Inc.
Lockhart Power provides assistance to SCC students
The Spartanburg Community College Foundation recently received a $5,000 gift from Lockhart Power Co. to assist SCC students with emergency needs related to COVID-19.
Building once housing Ford nuclear reactor controls demolished
Fluor-led Savannah River Nuclear Solutions finished the demolition of a building that once contained the control system for rods housed in five nuclear reactor vessels during the Cold War.
Duke Energy Foundation awards welding grant to SCC
A grant from the energy company has given Spartanburg Community College the extra support needed to make its welding program into a degree program. Welders are already in short supply and demand will grow by 15% over the next few years.
Blue Ridge Electric ready to take high-speed internet to rural members
Blue Ridge Electric Cooperative will soon take its first steps toward supplying high-speed internet across its five-county service territory through a partership with Abbeville-based WCFiber.
Upstate Giving, Oct. 19
As some Greenville citizens struggle with utility bills due to economic shortfalls stemming from COVID-19 business closures, Greenville Water and United Way have joined forces to assist with a “Keep the Lights Onâ€_x009d_ initiative.
Duke Energy helps fund EV charging infrastructure
Two of Duke Energy’s electric transportation infrastructure pilot programs were recently greenlighted by the state’s public service commission and are set to launch in 2021.
Duke Energy funds slew of park and conservation projects
The Duke Energy Foundation is helping fund environmental and conservation efforts through a $350,000 grant stemming from increased energy usage during the pandemic.