On Monday,
Trinity Industries financing unit released its Green Financing Framework that is supported by a second-party opinion from ESG data and ratings firm Sustainalytics.
The framework enables the company to issue green financing instruments including non-recourse green ABS and green loans, backed by eligible assets.
Eight of Trinity s outstanding railcar ABS, totaling more than US$4bn, already meet the criteria and qualify for the green financing designation, the company said, meaning investors could buy the bonds for their ESG portfolios in the secondary market. Over time, it opens up a new pool of capital for us, said Jessica Greiner, Trinity s vice president of investor relations and communications.
Spinning donuts leads to arrest of Ceres man Joseph Franklin
A Ceres teenager was arrested late Sunday after an officer saw him spinning donuts behind a Hatch Road business close to where a homeless man was camping.
Officer Eric Souza was on patrol at 11:56 p.m. and saw the driver of a blue Ford Ranger pickup doing donuts behind the businesses at 1420 Hatch Road. Souza attempted to stop the driver who immediately fled through the parking lot onto Paramount Road. The truck turned onto Giddings Street and pulled into the parking lot at 1625 Richland Avenue and stopped.
Joseph Franklin, 19, of Ceres, quickly jumped out but was detained.