Nano financing deal with Albany unravels

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Jordan Carleo-Evangelist

Albany

The College of Nanoscale Science and Engineering on Friday abruptly yanked a request to the city for access to $186 million in bonds to finance its latest expansion, with a spokesman blaming "disgusting politics" that have enveloped the project.

The deal's collapse will cost the city as much as $1.9 million in project fees it hoped to reap by allowing the NanoCollege to tap low-interest credit for its new Zero Energy Nanotechnology building, which is already rising at Fuller Road and Washington Avenue.

City officials had earlier described the ZEN pact as a coup that would allow Albany to extract a hefty fee as a middle man between the college and bond buyers without any financial risk of its own.

http://www.timesunion.com/local/article/Nano-financing-deal-with-city-unravels-5631821.php

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1. NanoCollege brass shifts blame

http://www.timesunion.com/local/article/CNSE-Media-at-fault-for-financing-deal-collapse-5633063.php

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2. editorial: Nano s big growing pains

http://blog.timesunion.com/opinion/nanos-big-growing-pains/30082/

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3. Symposium ahead of vote

http://m.timesunion.com/local/article/Symposium-ahead-of-vote-5636925.php

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4. City tries to revive finance project

http://m.timesunion.com/local/article/City-tries-to-revive-finance-project-5636971.php

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5. APPROVED! After decade-long wait, Marcy nano site gets its permits

http://m.uticaod.com/article/20140723/NEWS/140729719

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6. editorial: OUR VIEW: Join partnership for nano future

http://m.uticaod.com/article/20140727/OPINION/140729619/2013/OPINION

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7. Officials look to educate local teens for future nano jobs

http://m.uticaod.com/article/20140726/NEWS/140729578

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8. Cuomo to announce $21 million Corning plant expansion project

http://www.watertowndailytimes.com/article/20140729/NEWS05/140728811

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9. Rome company ANDRO looks to drones, nanotech

http://m.uticaod.com/article/20140818/NEWS/140819641

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10. Nano center, drone testing chosen priorities for state funds

http://romesentinel.com/county/nano-center-drone-testing-chosen-priorities-for-state-funds/QBqnhr!bcWchbco1KNSaX0ThUdeYg/