Federal regulators reject DEC efforts to slow pipeline
The Federal Energy Regulatory Commission refused Tuesday to give New York State and the Sierra Club another hearing on water quality permits for National Fuel’s proposed Northern Access pipeline, which would carry natural gas through Western New York from northern Pennsylvania to Ontario.
In 2017, the state Department of Environmental Conservation refused to give National Fuel a permit for the pipeline to cross several streams. On Feb. 5, a federal appeals court in Manhattan invalidated the DEC’s action, saying the state agency missed a legal deadline to act by 36 days. FERC had issued a similar opinion last August.
National Fuel spokeswoman Karen L. Merkel said the target date for the 97-mile pipeline to open is 2022, but the company still needs approvals from the U.S. Army Corps of Engineers. It also faces a variety of lawsuits over the plan.
CleanCapital receives an investment boost
CleanCapital, a clean energy investment platform co-founded by Western New York native Jon Powers, has received an investment boost.
Funds managed by BlackRock’s renewable power group invested an undisclosed amount in CleanCapital. But the size of the investment was described as “on par with” previous partnerships announced by CleanCapital, including a $250 million partnership with CarVal Investors announced a year ago.
CleanCapital is headquartered in New York City but has a Buffalo office that is adding its third employee. The company was a semifinalist in the 2016 edition of 43North.
Launch NY fund invests in two local startups
Launch New York has announced the first four investments in startups from its new limited partner fund.
The for-profit fund invested in EagleHawk, ShrubBucket, Ecolectro and Willow. EagleHawk and Willow are based in Buffalo.
Launch New York declined to say how much was invested in each company because the organization is still fundraising. The new fund works in tandem with Launch New York’s seed fund, which has been built as a nonprofit fund through donations and grants.
“By introducing the new LP Fund, we created a way to effectively double the capital we have available to local startups, and investors have an opportunity to earn a profit while doing good in a community they hold near and dear,” said Marnie LaVigne, Launch New York’s president and CEO.
Lewiston nursing home names executive director
Jonathan P. Hart, former administrator of two McGuire Group nursing facilities in Erie County, is the new executive director at Our Lady of Peace Nursing Home in Lewiston.
Hart, 49, started work March 13 at the 250-bed facility, owned by Ascension Health. It opened in 2003. He has 23 years of experience, and worked 12 years at McGuire Group.