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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Barakah Unit 1 reaches 100% power as it steps closer to commercial operations, due to begin early 2021
UAE - The Emirates Nuclear Energy Corporation, ENEC, has announced that its operating and maintenance subsidiary, Nawah Energy Company, Nawah, has successfully achieved 100% of the rated reactor power capacity for Unit 1 of the Barakah Nuclear Energy Plant. This major milestone brings the Barakah plant one step closer to commencing commercial operations, scheduled in early 2021.
100% power means that Unit 1 is generating 1400MW of electricity from a single generator connected to the UAE grid. This milestone makes the Unit 1 generator the largest single source of electricity in the UAE.
The Barakah Nuclear Energy Plant is the largest source…
