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Group halts $62M plan to buy Marlborough tech firm, following Nasdaq delisting

After the Nasdaq-delisted ConnectM failed to timely file regulatory financial reports, the group that had previously offered to buy the firm has put its acquisition offer on hold. 

🔒Powering the past and future: Westborough-based hydropower firm to update its century-old facilities

A key tool to help decarbonize New England’s electricity grid has already been in operation for over a century.

🔒Cooler & warmer: Heat pump demand is reaching new heights as customers seek to use government incentives before they disappear

Despite concerns about impacts of tariffs and cuts to federal incentives, heat pumps are becoming standard equipment in the heating and cooling business.

Following Nasdaq delisting, ConnectM finalizes $1.4M purchase of India-based energy company

ConnectM Technology Solutions has completed a $1.4 million acquisition of Cambridge Energy Resources.
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🔒Power 100: WBJ names the most influential professionals in 2025

The Power 100 edition is an annual report on how power is shared and expended in Central Massachusetts each year, as told through the 100 people who are most effectively wielding their influence, with a special focus on those creating change and bringing new ideas to the forefront.

ConnectM delisted from Nasdaq, CEO says he’s surprised

Following months of compliance issues, Marlborough-based green energy technology company ConnectM Technology Solutions has been delisted from the Nasdaq stock market.

Poland offers Westborough battery recycling firm $320M to construct plant

The offer is meant to entice the firm to move forward with the construction of a manufacturing facility focused on cathode active materials.

Marlborough battery firm adds CFO with experience taking companies public

XL Batteries in Marlborough has added three new executives, including Michael Rubino, a CFO who has previously taken three companies public.  
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Six Central Mass. businesses to participate in $3.6M e-bike program

Officials from the Massachusetts Clean Energy Center met at Landry’s Bicycles in Worcester on Monday to unveil a new incentive program designed to make e-bikes more affordable for low- and moderate-income residents. 

Nantucket appeals federal approval of SouthCoast offshore power project

Giving President Donald Trump company in his opposition to offshore wind power projects, the Town of Nantucket filed an appeal in federal court Thursday, alleging that the SouthCoast Wind project was improperly permitted and will harm the island's heritage tourism economy.
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