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Orsted secures $680M JPMorgan support for Danish solar projects

TL/DR - Orsted, a Danish renewable energy developer, has received a $680 million investment from JPMorgan for two US projects. The funding, facilitated by tax equity financing, will go towards the Eleven Mile Solar Center in Arizona and the Sparta Solar project in Texas. The Inflation Reduction Act, a key component of the Biden Administration's…

Discover InvestUP’s Innovation Fund Boosting Michigan’s Outdoor Industry

TL/DR - InvestUP and the Michigan Economic Development Corporation (MEDC) have launched the Michigan Outdoor Innovation Fund, a $3 million pre-seed fund to support Michigan entrepreneurs in the outdoor recreation industry. The fund is supported by the MEDC through the Michigan Innovate Capital Fund (MICF) program and is expected to support 30 to…

Cyberattack Disrupts UnitedHealth’s Change Healthcare for 4th Day

TL/DR - UnitedHealth Group, the largest health-care company in the U.S., disclosed that a "suspected nation-state-associated" actor gained access to part of its IT network. The attack affected Change Healthcare's systems, causing them to be down for a fourth day. The company isolated and disconnected the affected systems immediately after…