6, when the GDC exhausted a line of credit it had used to keep construction moving forward since October ... The GDC filed a separate suit in the Federal Court of Claims, alleging that the feds are in breach of contract by withholding the funds.
According to Richards, lawyers for the Trump administration said during the hearing that some federal reimbursements will begin flowing to the GDC next Tuesday ... 6, when the GDC exhausted a line of ...
“This is good news for the HudsonTunnelProject, and we anticipate receiving the $205 million in reimbursement funds from the federal government,” GDC said in a statement ... GDC continues to pursue all ...
HCMC – Global investment firm KKR and Singapore’s Singtel have signed definitive agreements to acquire full ownership of ST Telemedia Global Data Centres (STTGDC), valuing the data center operator at about S$13.8 billion.
The feds have argued the states do not have the right to sue over the pause in funding, as they weren’t directly named in the funding contract for the project, and that the suit filed against the USDOT by the GDC would be enough to grant them relief.
Reuters reported in November that KKR and Singtel were in advanced talks to buy more than 80 percent of STTGDC in a deal that would give them full ownership ... KKR and Singtel first invested SG$1.75 billion in STT GDC in June 2024.
The new lawsuit follows a separate suit brought by the GatewayDevelopmentCommission (GDC), the entity in charge of the project, in the U.S ... In contrast, GDC alleged that the federal government ...
HARRISBURG, Pa.--(BUSINESS WIRE)--GDC IT Solutions names Jeff Sauv� ChiefRevenueOfficer, strengthening its leadership team to drive growth across all sales segments ... .