A letter that Tennessee Valley Authority officials sent to local utilities has been published widely as tensions grow over the high electricity costs and usage of data centers. The changes TVA proposed, however, would increase power bills for data centers rather than residents.
The Tennessee Valley Authority, one of the largest employers in the Chattanooga area, will reduce pay across the agency by as much as $153 million in response to a memo from President Donald Trump.
Seven States Power Corp., a Chattanooga-based energy cooperative, will use $439 million in loans and grants from the U.S. Department of Agriculture to build grid-level batteries across Tennessee.
Erlanger Health broke ground Wednesday morning on an expansion and renovation of Erlanger East Hospital on Gunbarrel Road, the first of several facility upgrades across the hospital system, officials said.
Rock City will likely build a gondola lift even if elected officials in Lookout Mountain, Georgia, decline to let the company build part of the system on property within city limits, CEO and owner Doug Chapin said.
Of the eight CEOs of publicly traded companies based in the Chattanooga region, five got pay raises last year, two got pay cuts and one completed his first year with the company in April.
Greg Eaves is leaving a much different EPB than the one he joined in 2004 as the first senior vice president of finance.
Parkridge Health System is still pursuing plans for an outpatient surgical center off Interstate 75 in East Brainerd, but Erlanger Health is no longer involved.
The Sports Authority of Chattanooga, the entity that owns AT&T Field, transferred responsibility for the property from the Chattanooga Lookouts to River City Co. ahead of the stadium's demolition.
The EPB board of directors approved funding for the University of Tennessee at Chattanooga Quantum Center designed to deepen the economic development partnership between the city's utility and its university.
