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Maginnis and Havreluk Join KeyBank

first_imgGretchen Maginnis was named assistant manager of the Barre branch of KeyBank and Gretchen M. Havreluk was named relationship associate, retail banking, for the bank’s Brattleboro branch.Maginnis is responsible for maximizing the branch’s productivity, maintaining a high level of customer satisfaction and managing the employees within the branch. Prior to joining Key, she was a certified trust and financial advisor for TD Banknorth.Havreluk has more than 20 years experience in the financial services industry. She is responsible for providing sales solutions for deposit and loan products, customer service and ensuring compliance with operational, security and audit procedures. She is also a part of the Vermont District Key4Women team.last_img read more


first_imgAt the end of the first decade of the 21st century, life’s curves seem more stressful and beyond individual control. While we can’t do much about macro-economic forces, we can control self-care and rejuvenation and finding physical and emotional balance essential to coping with stress and improving health. No wonder, then, that more and more people are turning to the wellness movement and the spa industry is booming.According to a survey released in 2007 by the International Spa Association (ISPA) and Price Waterhouse Cooper, the spa industry is growing at 16% a year, with approximately 14,600 spas in the United States serving more than 111 million people. While many people don’t have time or the money to seek out day spas in their area or travel to a distant destination spa, they will now have the next best thing: a virtual spa experience on the worldwide is the Web’s first virtual spa with everything you need to lead the spa lifestyle — accessible to anyone, anytime, anywhere. brings together experts, spa treatments, and shopping for the newest spa products, and lets the spa community share personal stories. Also featured are collections from regional artisans.Top spa lifestyle advisors and beauty professionals educate site visitors in healing rituals, massages and facials, fitness and exercise, turning the bathroom into a spa, bathing as therapy, cleansing meditation, healthy living and beauty therapies. Users will find nutritional and weight loss advice and more than 2,000 of the newest spa products and skin care lines, including many now only available at destination spas. Visitors will also find a community of like-minded people where they can share their stories and get peer support. In addition, the site offers members m$$ Rewards for loyalty through purchases and referrals of friends. Site registration is is the creation of Kimberly Matheson-Shedrick, CEO of Natural Resources Spa Consulting, Inc., a leading spa consultant whose high-end clients include the CuisinArt Resort and Spa in Anguilla, the Fontainebleau Resorts in Miami Beach and Las Vegas, and the Four Seasons Hotels in Moscow, New York City and Vail. Partnering with husband Rick Shedrick, a principal at Hewlett-Packard, she has combined his business and eCommerce acumen with her spa passion to create this exciting new venture.###last_img read more

Green Mountain Power offers iPhone app

first_imgGreen Mountain Power Corp,As one of the first utility mobile phone apps in the country, Green Mountain Power has made it possible for anyone with an iPhone to check in on the most recent environmental information or read about green business news.”We’re excited to use the latest technology to bring useful information to our customers,” said Mary Powell, president and chief executive officer at Green Mountain Power. “We are driven to use technology to improve service, and this offers customers — and others — an easy way to follow the latest in green news.”The GMP iPhone app includes a Green Biz section and a Green Life section, which offers suggestions for getting more out of your computer, environmentally friendly cleaning solutions and other practical information for reducing energy use and greenhouse gas emissions.”Part of our goal is to make it easier for customers to connect with us,” said Ms. Powell. “Now it is simple to contact Green Mountain Power directly through the app.”Green Mountain Power plans to add additional features to the mobile app that will give customers the ability to manage their account from their iPhone. The app will continue to be modified, and eventually customers will also be able to receive up-to-date outage information and alerts, locate a charging station for an electric vehicle, and display home energy use.The Green Mountain Power iPhone app can be downloaded at no charge at Apple’s iTunes App store. Green Mountain Power is working to modify the app to be compatible with other mobile devices as well.About Green Mountain PowerGreen Mountain Power ( is external)) generates, transmits, distributes and sells electricity in the State of Vermont. It serves more than 175,000 people and businesses.Source: GMPlast_img read more

delSECUR announces dissolution and distribution of assets to lenders and shareholders

first_imgAs previously announced on October 24th, 2009 delSECUR CORPORATION sold 100% of its Intellectual Property including the patents of its del-Id system to QTech Systems Inc. in an Asset Purchase Agreement whereby it acquired 49% of QTech’s shares. Since that time and as mentioned in the Press Release on June 22, 2010, QTech’s team of engineers has been working diligently on the del-Id prototype development for commercialization.delSECUR CORPORATION intends to dissolve itself. In so doing, it will pay all its lenders, using its only asset, the QTech shares. It will then distribute all of its remaining asset, the balance of QTech shares, to delSECUR CORPORATION shareholders in the form of a “liquidating dividend” on a pro-rata basis.After having distributed all of the assets of delSECUR, the CORPORATION will be dissolved in accordance with Nevada State Law and subject to shareholders’ approval.”QTech is currently being funded from the private sector through the issuance of Convertible Debentures. Additional Private Funding sought will assure the continued development of the del-Id technology,” stated Randall McCormick, President of delSECUR. “We are in the development stage of our technology and hope to soon have a ‘functioning prototype’ and then to get ready for the next step, ‘commercialization,'” added John Johnston, QTech’s CEO and Managing Director.delSECUR CORPORATION, a public company (Pink Sheets: DLSC) with its head office in S. Burlington, VT has been involved in the development of a unique authentication process based on abstract images of biological data collected from the fingers of living persons. This technology was sold, under the terms of an Asset Purchase Agreement, in October 2009 to QTech Systems Inc., an Ontario company in exchange for 49% of the shares of that company. For further information on QTech visit their website is external).This Press Release may contain forward-looking statements. These forward looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and other similar statements. Statements that are not historical facts, including statements relating to anticipated future earnings, margins, and other operating results, future growth, construction plans and anticipated capacities, production schedules and entry into expanded markets are forward-looking statements and are subject to the risks normally associated with the completion of a corporate transaction. The information set forth herein should be read in light of such risks. We assume no obligation to update the information contained in this press release, except as required under applicable law.SOURCE: delSECUR CORPORATION SOUTH BURLINGTON, Vt., April 4, 2011 /PRNewswire/ —last_img read more

Friendly’s closes two restaurants in Burlington area

first_imgImmediately prior to the Friendly’s restaurant chain emerging from chapter 11 bankruptcy Monday, January 9, its corporate entity closed two more restaurants in Vermont. The Colchester (near Costco) and South Burlington (near University Mall) locations were closed without notice Sunday.A story in the Quincy (MA) Patriot Ledger said the Wilbraham, MA, based chain closed the restaurants after not being able to renegotiate rents. Friendly’s filed for chapter 11 in October and closed 63 restaurants systemwide at that time. The action Sunday closed another 37, according to Web site lists six existing restaurants in Vermont: Bennington, Brattleboro, Manchester, Rutland, Springfield and Williston. A Shelburne Road in South Burlington location was previously closed.There are currently 376 Friendly’s restaurants. Friendly’s Ice Cream LLC is itself owned by Sun Capital Partners Inc in Florida, which owns several brands, including American Standard, Boston Market and Hickory Farms. The first Friendly’s Ice Cream Shop was opened in 1935 in Springfield, MA, by brothers Prestley and Curtis Blake.   The closed Friendly’s location at 1 Dorset Street in South Burlington. Photo by Shelby Websterlast_img read more

Pipeline Race Suggests Overbuilding in Virginia

first_imgPipeline Race Suggests Overbuilding in Virginia FacebookTwitterLinkedInEmailPrint分享Brian Carlton for the (Waynesboro) News Virginian:While there is a need for natural gas in some parts of Virginia, too many companies are building pipelines to try and fill that void. This in turn could lead to overbuilding, creating pipelines that force legal battles and lengthy construction, but ultimately sit empty or at least are not used to maximum capacity. That was the argument presented in a new report from the Institute for Energy Economics on Wednesday.The company’s report argued that federal officials need to examine a larger picture when approving projects, such as the Atlantic Coast and Mountain Valley pipelines. All of these projects, the report said, are built on the idea that natural gas prices will remain cheap across the region containing the Marcellus shale. Natural gas often is contained in shale, a marine sedimentary rock. The Marcellus formation, which runs from Pennsylvania through western Maryland and into West Virginia, is one of the largest shale fields in the world, formed almost 400 million years ago as layers of dead plants and animals built up.Utility companies, the report stated, want to build pipelines to move that cheap natural gas to areas where they can charge higher prices, because of the demand for growth and construction.“An individual pipeline company acquires a competitive advantage if it can build a well-connected pipeline network that offers more flexibility and storage to customers,” the report states. “Thus, pipeline companies [are] competing to see who can build out the best networks the quickest. This is likely to result in more pipelines being proposed than are actually needed to meet demand in those higher-priced markets.”An October 2014 study by Moody’s Investors Service showed that pipelines currently being developed, if constructed, will deliver an estimated 27 billion cubic feet of natural gas per day from the Marcellus and Utica region. By comparison, currently 18 billion cubic feet are being piped out. It’s similar in some ways to the race between railroad companies in the 19th century to be the first to cross the nation. There is a need, with multiple companies competing to fill that need. The problem, the study asks, is what happens if all of the companies get approved for their projects and only one is needed to meet demand? What happens to the rest of that approved material?The cost of construction: Study questions if pipelines are neededlast_img read more

Where Jobs Are Being Created in Minnesota

first_imgWhere Jobs Are Being Created in Minnesota FacebookTwitterLinkedInEmailPrint分享Minneapolis Star Tribune:Jobs related to clean energy in Minnesota have grown 5.3 percent over the past year, a significant uptick that prompted a bipartisan team of state lawmakers and Lt. Gov. Tina Smith to call Thursday for boosting the state’s renewable energy goals in 2018.Over the last year, the state added 2,893 jobs in the clean energy industry for a total of 57,351 jobs, according to a new report from the nonprofit group Clean Energy Economy Minnesota, an industry-led nonprofit group. That’s nearly four times faster than the overall job growth rate in Minnesota — and evidence that the state should keep up the momentum, officials said in a news conference at the State Capitol.Clean energy jobs now comprise 1.9 percent of the state’s total employment, with the bulk of those jobs involved with increasing energy efficiency, in buildings for instance.Lawmakers said Minnesota should continue to act independently on its renewable energy goals, even as President Donald Trump and others in the federal government prioritize more traditional energy sources, like coal, over development in wind, solar, biomass or other renewable options.The energy efficiency sector accounted for 86.1 percent or 49,359 of clean energy jobs in Minnesota, according to the study. Energy efficiency jobs include workers involved in trades such as heating, ventilation and air conditioning (HVAC) that make buildings more energy efficient.The category also includes manufacturers of energy efficient products, such as window makers Marvin Cos. and Andersen Windows. Clean Energy Economy includes jobs that only partly involve clean energy. So an HVAC worker might be working on both traditional and clean-energy related projects; ditto for window manufacturers.More: Tribune Editorial: Coal is gone, let’s diversifylast_img read more

Chile launches coal phase-out initiative

first_imgChile launches coal phase-out initiative FacebookTwitterLinkedInEmailPrint分享Renewables Now:Chile’s Energy Ministry and industry stakeholders have agreed on the programmed and gradual phase-out of coal-fired plants that do not have carbon capture and storage (CCS) systems, after holding nine round-table sessions over the course of six months.Coal-sourced electricity represents 40% of Chile’s power mix and its replacement with cleaner energy sources required a careful analysis of how the withdrawal will impact the economy, labour and the efficiency of the country’s electricity system.The Ministry’s sessions ended on January 3 after utilities, unions, the civil society, consumer associations and academics, among others, presented their studies on decarbonisation and its effects, as well as analysis of other countries’ experiences, such as Germany and the UK.With conclusions from the meetings in hand, the Energy Ministry will agree with utilities on the timetable and the conditions necessary to gradually phase-out coal-fired plants without CCS or equivalent technologies.In January 2018, the Chilean government signed an agreement with utilities AES Gener, Colbun, Enel and Engie whereby the companies committed to scrapping all coal projects without CCS systems from then on. The Energy Ministry agreed at the time to invite all relevant institutions to participate in a working group to analyse the electricity system as a whole and each coal-fired plant in order to establish a timetable and conditions for the phase-out.More: Govt confirms coal is on its way out in Chilelast_img read more

Colorado’s Tri-State plans to add 100MW of new solar capacity

first_imgColorado’s Tri-State plans to add 100MW of new solar capacity FacebookTwitterLinkedInEmailPrint分享The Denver Post:Tri-State Generation and Transmission Association is more than doubling the power it will get from solar energy with a new 100-megawatt installation about 20 miles north of Trinidad.Tri-State said Friday that it is teaming up with Boulder-based juwi Inc. on the 660-acre project, which will install more than 300,000 photovoltaic solar panels on single-axis tracking arrays that follow the sun. The energy wholesaler will buy the entire output of the project over the 15-year contract.The Spanish Peaks Solar Project will serve about 28,000 rural homes and support 150 jobs during construction, which will start in 2022. The project is expected to be in service no later than 2023 and could start producing power earlier, Tri-State spokesman Lee Boughey said.The new project is the wholesale power supplier’s “largest, most cost-effective solar project to date,” Tri-State CEO Mike McInnes said in a statement. “By developing renewable projects through Tri-State, our members take advantage of an economy of scale unavailable in smaller projects,” McInnes said.Westminster-based Tri-State is owned by 43 member electric cooperatives and public power districts and supplies electricity to members in New Mexico, Colorado, Nebraska and Wyoming. Some member cooperatives and renewable energy advocates have criticized Tri-State for relying too heavily on coal at a time when the costs of wind and solar energy are falling and concerns about climate-changing emissions from fossil fuels are increasing. The Taos, N.M.-based Kit Carson Electric Cooperative paid $37 million to break its contract with Tri-State in 2016 because of rising rates and a desire to increase use of renewable energy sources.However, Tri-State said Friday that nearly a third of the energy used within its association comes from renewable energy sources. Boughey said that amount is expected to increase as Tri-State adds more renewable sources and retires two coal-generating units, one by the end of 2022 and another by the end of 2025.More: Tri-State announces new 100-megawatt solar project in southern Coloradolast_img read more

Ørsted, Northumbrian Water sign first-of-a-kind offshore wind power deal in U.K.

first_imgØrsted, Northumbrian Water sign first-of-a-kind offshore wind power deal in U.K. FacebookTwitterLinkedInEmailPrint分享BusinessGreen:Ørsted has struck a long-term deal to sell almost a third of the electricity produced by its Race Bank offshore wind project directly to Northumbrian Water, in what the Danish renewables giant has hailed as the first Power Purchase Agreement (PPA) of its kind in the UK.The 10-year corporate PPA, announced today, marks the first direct supply deal between a business and a UK offshore wind farm. It will see Northumbrian Water source around 100MW of electricity each year directly from the wind farm, providing a customer for roughly 30 per cent of the site’s overall expected output.Currently under commissioning off the Norfolk coast, the wind farm is capable of generating up to 573MW of power from 91 Siemens Gamesa 6MW turbines, according to Ørsted.The deal, which commences from the start of next month, is an expansion of an existing renewable electricity supply agreement between the two companies which started in April last year. Ørsted explained it would also provide an “innovative balancing service” for the wind power output from the project so that the electricity can be delivered to Northumbrian Water under the existing supply agreement.Northumbrian Water supplies around 2.7 million customers in the North East of England with both water and sewerage services, as well as supplying another 1.8 million customers in the South East with water services under the trading name Essex & Suffolk Water. Graham Southall, Northumbrian Water’s group commercial director, said the PPA deal would drive down the water supplier’s operating costs by offering a fixed price for electricity, while also increasing its renewable energy use.More: Ørsted strikes UK’s first offshore wind PPA deal with Northumbrian Waterlast_img read more