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...Recommended reading Fund numbers double in two years amid ESG boom (Australian Financial Review) Musk to testify over Tesla’s $2.6bn acquisition of SolarCity (FT) Southern Water fined record £90m for...
...Tesla, like most large corporations, keeps its cash “in money market funds or on deposit at high credit quality financial institutions in the U.S”, according to its most recent 10-K....
...Elon Musk recently prevailed in using Tesla, the electric carmaker, to buy SolarCity, the solar-panel maker. The logic was stretched but at least it was within the domain of clean energy....
...The US commonwealth this weekend missed a $58m payment on Public Finance Corporation bonds after years of battling to stay current of its obligations....
...In October, for example, SolarCity, the US installer of residential solar systems, agreed to pay about $158m for Zep Solar, whose photovoltaic module mounting systems cut installation times in half....
...We are also ruling out large corporations....
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