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Commonwealth Fusion to build world’s first commercial fusion plant
By Greg Ryan – Senior Reporter, Boston Business Journal For decades, scientists have chased the limitless zero-carbon energy promised by fusion. Now, Devens-based Commonwealth Fusion Systems plans to build the world’s first grid-scale commercial fusion power plant in Virginia. The announcement on Tuesday marks a milestone not just for the MIT spinoff, but the global […]
Citi CEO Meets Trump on Fannie, Freddie Public Offerings
By Todd Gillespie and Catherine Lucey Citigroup Inc. Chief Executive Officer Jane Fraser met with President Donald Trump on Wednesday to pitch public stock offerings for mortgage giants Fannie Mae and Freddie Mac. Fraser met with Trump to discuss the bank’s possible involvement in monetizing the Federal National Mortgage Association and Federal Home Loan Mortgage Corp., the firms that have been under government […]
Google commits to buy 200MW from Mass. fusion company
By Lucia Maffei Google and Massachusetts-Based CFS Advance Commercial Fusion Energy The promise of fusion energy—clean, limitless power—is gaining urgency as AI technologies demand massive computational energy. Commonwealth Fusion Systems (CFS), based in Devens, Massachusetts, announced Monday a deepened partnership with Google, which plans to purchase 200 megawatts of fusion power from the MIT spinoff. Google […]
Gas payment tech expands to 130 stations across all of New England
By Eli Chavez PayByCar Lets Drivers Pay for Gas Using E-ZPass Sometimes being stuck in traffic sparks innovation. For Kevin Condon, founder and CEO of PayByCar, a traffic jam on the Northeast Expressway inspired a service that allows drivers to pay for gas using their E-ZPass. The system works two ways: a device installed on gas […]
Massachusetts taps Irish firm for $750 million revamp of roadside travel plazas
Homegrown rival may try to block contract, arguing it had superior bid Andy Peters Massachusetts is moving forward with a major upgrade of its roadside service plazas, but a local fuel-supply company may challenge the state’s plans. Last month, the Massachusetts Department of Transportation (MassDOT) awarded a contract to Dublin-based Applegreen to renovate, rebuild, and […]
U.S. Apartment Supply Volumes Finally Peak
by Kim O’Brien While we are still firmly in the most prolific apartment building cycle in U.S. history, supply volumes have finally peaked. The first time apartment supply volumes hit a historic peak was back in 2nd quarter 2023, when quarterly completions surpassed 100,000 units for the first time since RealPage Market Analytics began monitoring the market […]