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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Siemens awarded contract for largest federal wind farm

A California wind farm. Photo by CNN

A. Lee Graham
Reporter

lgraham@bizpress.net

Siemens Government Technologies Inc. has been awarded a contract to construct the largest federal wind farm on land east of the Pantex nuclear weapons assembly and disassembly plant just northeast of Amarillo.
The National Nuclear Security Administration (NNSA) awarded the contract for an installation planned to feature five, 2.3-megawatt turbines on 1,500 acres of government-owned property.
The Pantex wind farm is expected to save an average of $2.9 million annually over the 20-year contract term.
“As a world leader in the wind industry, Siemens will bring reliable, secure, renewable energy to the critical mission at the NNSA Pantex plant,” said Judy Marks, President and CEO of Siemens Government Technologies, commenting in a news release.
“Mission execution and guaranteed savings are Siemens hallmarks in the federal market, and we look forward to delivering both for the NNSA on this landmark project,” Marks said.
Established by Congress in 2000, the NNSA operates within the U.S. Department of Energy to oversee management and security of the nation’s nuclear weapons, nuclear nonproliferation and naval reactor programs.
The wind farm is expected to generate about 47 million kilowatt hours of clean energy annually, more than 60 percent of the electricity required annually for the Pantex facility.
That’s enough electricity to power nearly 3,500 homes and will reduce CO2 emissions by more than 35,000 metric tons per year, the equivalent of removing more than 7,200 cars from the road each year or planting more than 850,000 trees, according to Siemens.
Siemens Government Technologies Inc. focuses on the federal market in providing solutions for infrastructure, energy, industrial services and health care needs. More information is available at www.siemensgovt.com.
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?