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Raimondo Announces Municipal LED Streetlight Energy Efficiency Incentives

Governor Gina M. Raimondo today announced the availability of $525,000 in financial incentives for qualified municipalities seeking to reduce their energy consumption and costs through the installation of light-emitting diode (LED) streetlights and control technologies.

Sen. Whitehouse Applauds U.S. Commitment for Greenhouse Gas Reductions

Today the Obama Administration announced the United States’ commitment to reduce greenhouse gas emissions as part of the global effort to tackle climate change.  The commitment comes in advance of the U.N. Climate Change Conference in Paris in December, where countries from around the world will attempt to forge a new international climate agreement.  U.S. Senator Sheldon Whitehouse (D-RI) released the statement below regarding the U.S. commitment:

Reed Seeks to Stoke RI Job Growth and Renewable Energy

NORTH KINGSTOWN, RI - March 4, 2013 - (RealEstateRama) -- In an effort to create jobs in Rhode Island and strengthen America’s energy independence, U.S. Senator Jack Reed (D-RI) and a bipartisan group of U.S. Senators and U.S. Representatives are introducing legislation to provide financial incentives for the investment and production of offshore wind energy. The Incentivizing Offshore Wind Power Act would create an investment tax credit for the first 3,000 megawatts of offshore wind facilities placed into service, which is an estimated 600 wind turbines.

Governor Carcieri Hails Deepwater Wind Rhode Island Lease Agreement at Quonset Business Park

Providence, RI - June 30, 2009 - (RealEstateRama) - Governor Carcieri today hailed the Quonset Development Corporation Board of Directors’ approval of a development agreement to lease 117 acres to Deepwater Wind Rhode Island, LLC in the Quonset Business Park for the development of the company’s regional manufacturing facility and its regional development headquarters.

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Rhode Island Treasury Reunited 8,860 People with $11.7 Million in Unclaimed...

The Office of Rhode Island General Treasurer Seth Magaziner reunited 8,860 people with $11.7 million in unclaimed property in the fiscal year that ended on June 30

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Two Indicted in Sweeping Mortgage Fraud Investigations

A 14-count federal indictment filed in U.S. District Court in Providence charges two individuals, Hasan Hussain, 55, of Princeton, N.J., and Ricardo Abreu, 50, of Cranston, R.I., with allegedly participating in a conspiracy to defraud financial institutions, investors and financially distressed homeowners of at least 14 properties in Providence, Pawtucket and Cranston of fees, rental income, mortgage payment funds, property ownership and/or proceeds from the sale of their properties