Colorado startup Solid Power goes public, raises nearly $543M in SPAC deal

A Colorado battery technology company that Ford and BMW have invested in raised $542.9 million by going public through a reverse merger. Its stock began trading Thursday. Louisville-based Solid Power Inc. shares appear on the Nasdaq exchange a day after the closure of its acquisition by Decarbonization Plus Acquisition Corporation III (Nasdaq: DCRC), a special […]

Former Valero CEO and wife contributing $20M to UTSA

Bill Klesse, former CEO and chairman of Valero Energy Corp., with wife Margie Klesse, have committed to contributing $20 million to the University of Texas at San Antonio College of Engineering and Integrated Design. UTSA will use the funding to expand scholarships, create endowments for faculty recruitment and retention, and for student support programs. In recognition of […]