CHICAGO — The wind farm company operating in Ford and Iroquois Counties has been assured of its financial backing.
E.On Climate & Renewables North America announced Monday that it has secured $150 million of institutional equity financing from Bank of America Merrill Lynch in exchange for a partial interest in its Pioneer Trail Wind Farm near Paxton.
Through what is known as "tax equity financing," Bank of America Merrill Lynch will provide the $150 million up front and will be reimbursed through federal production tax credits that the 150-megawatt wind farm receives, according to Matt Tulis, communications manager for E.On Climate & Renewables North America, a Chicago-based subsidiary of Germany-based E.On.
— A two-vehicle accident in rural Gibson City Tuesday evening claimed the lives of a 43-year-old woman and her 6-year-old daughter. A second child was hospitalized with serious injuries.
43-year-old Cathy Kaiser and her daughter were the victims. Mrs. Kaiser died at the scene. The un-identified six-year-old was pronounced dead at Gibson Area Hospital.
Ford County Coroner Doug Wallace reports the accident occurred around 5 p.m.four miles southwest of Gibson City at the intersection of Ford County roads 200 North and 100 East. Wallace said.
Wallace said a car driven by Cathy Kaiser was northbound on County Road 100 East when it collided with a westbound car in the intersection. The car occupied by Mrs. Kaiser's two young daughters, landed on its top in a water-filled ditch.
Another daughter of Mrs. Kaiser, whose name was also not released, was airlifted to Carle Foundation Hospital in Urbana. Wallace said the child was seriously injured. .
Autopsies were scheduled today (Wednesday) on Mrs. Kaiser and the 6-year-old.
A State police reconstruction team is investigating. Wallacee said it appears one of the vehicles "T-boned" the other in the intersection, which has yield signs for north-south traffic.
Ford County sheriff's office, Gibson City Fire Protection District and Gibson Area Ambulance Service also answered the call.
Limestone Teen Serious Injured in Kankakee County Crash
A three-vehicle crash Monday night in Limestone left a Bradley teen seriously injured. Police report a Bonfield man is jailed for drunk driving and leaving the scene of an accident.
19-year-old Zach Jones had to be extricated from his car by rescue personnel following the accident near 3200 Road on Illinois Route 17.
He was rushed to Riverside Medical Center where he was then airlifted to Loyola Medical Center according to state police.
39-year-old William Kibbons reportedly swerved into the eastbound lane , colliding with Jones’ car. Kibbons’ pickup truck then crashed into another another pickup driven by David Phillips. Kibbons was arrested for DUI and leaving the scene of an accident. He was also charged with improper lane usage and failure to reduce speed.
SPRINGFIELD, Ill. (AP) -- The state of Illinois wants public comment on transportation needs and how to make the most of limited money.
The Transportation Department plans a series of open-house events this week. The first is in Carterville on Tuesday, followed by events Wednesday in Springfield and Chicago.
The department is developing what it calls a "strategic framework for the future direction of transportation." It's supposed to address everything from highways and airports to railroads and bicycle trails. The framework is due by the end of the year.
IDOT wants people from different regions to help it with concerns like safety, the environment and planning for growth.
JOLIET, Ill. (AP) -- The Illinois State Crime Commission has selected Will County State's Attorney James Glasgow as this year's State's Attorney of the Year.
In a news release, the commission praised Glasgow as one of the most innovative state's attorneys in Illinois for creating programs for veterans, abused children, recovering drug addicts and others.
For example, the Will County Veterans Court provides treatment and counseling for veterans with mental health and substance abuse disorders. Glasgow also used money forfeited by criminals to buy a shuttle bus to take the veterans from Joliet to a VA Hospital.
The commission also noted how Glasgow has worked with it to provide free self-defense training for police officers and correctional officers, as well as partner with the commission and others to distribute coats to needy children.