Investor says it never made deal with ZAP cars
A spokesman for GE Capital said there was no financial commitment made to California-based ZAP or its partner, Integrity Manufacturing of Shepherdsville.
Stephen White says reports that Norwalk, Conn.-based GE Capital had pulled out of the project are false because GE Capital had not made a proposal to fund it.
White told the Lexington Herald-Leader and The Associated Press there was never a signed contract.
Randall Waldman, chief executive officer of Integrity, told the Herald-Leader he thought he had a verbal commitment for $125 million from GE Capital for the project and was later told there would be no funding.
Gov. Steve Beshear said in August the proposed plant would employ 4,000 workers.
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Elon Musk could help rebuild Puerto Rico with solar-powered electricity grid
WASHINGTON - Puerto Rico’s governor Ricardo Rossello has said that he will speak to Elon Musk after the Tesla inventor said his innovative solar power systems could be used to restore electricity on the island.
Mr Musk was mentioned in a tweet, referencing an article discussing ways to restore Puerto Rico’s power grid, which was knocked out by Hurricane Maria on September 20.
Restoring the ageing and already-weakened network has proved slow: as of Friday 90 per cent of the island remained without power. The island’s electricity company was declared bankrupt in July.
Mr Musk was asked: “Could @ElonMusk go in and rebuild #PuertoRico’s…
