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Bankruptcy and $150m of debt – Sigfox’s American dream dies (as French sale closes)

Sigfox USA has filed for Chapter 7 bankruptcy in a Delaware bankruptcy court, owing almost $150 million in unsecured debt. The filing, on March 31, is separate from its parent’s receivership and sale in France, which is set to conclude tomorrow (April 5). At...

Nine US states plus DC make pact on next-gen transport systems and policy

Nine US states plus the District of Columbia have announced they will design a new regional low-carbon transport policy to cap and reduce carbon emissions from the combustion of transportation fuels. Proceeds from the programme will be reinvested into low-carbon and more resilient transportation...