A Denver-based energy and technology company is expanding its operations in the state, and that could spur some business for oil and gas extraction operations on the Western Slope.
The company, Crusoe Energy, has created a cost-effective way to capture flaring and environmentally harmful emissions from oil and gas operations, and put them to good use.
It uses its technology to convert those byproduct emissions into electricity to power modular, mobile computer data centers deployed directly on a well site.
Those data centers are contracted to the companyâs clients for such things as research and development, artificial intelligence computers and blockchain and cryptocurrency platforms.
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DENVER Crusoe Energy, the locally based energy and technology innovator founded by two Kent Denver graduates, has announced plans to grow its Denver headquarters, expanding their footprint and creating 286 new high-paying jobs in Colorado. The company, founded in 2018, currently has 58 employees, 20 of whom are in Colorado.
Crusoe has pioneered a cost-effective way to capture flaring and environmentally harmful emissions associated with oil and gas extraction, and convert those byproducts into electricity for use in modular, mobile data centers deployed directly to the well site. To meet the explosive demand for this cutting-edge technology, Crusoe will expand its headquarters to support the company’s multi-basin operations. Positions will include operations, engineering, safety, environmental, accounting, finance, legal, human resources, technology, business development and sales & marketing. The average annual salary for these position
After years of speculation and discussion, Denver is getting closer to a new licensing program for marijuana businesses that prioritizes entrepreneurs from communities impacted by the War on Drugs.
Mayor Michael Hancock signed two bills overhauling the city s marijuana licensing and hospitality programs while also creating a pot delivery program on April 20. The new rules reserve new pot licenses for social equity applicants through 2027, with the Denver Department of Excise and Licenses holding two public meetings on May 4 and May 6 to help prospective licensees learn about the new initiatives.
The license exclusivity was established in an attempt to ensure that communities harmed by the drug war can profit from legal marijuana; social equity applicants will also receive reduced fees for the licensing process and a waived application fee. To qualify, an applicant must be a Colorado resident who has been arrested for or convicted of a drug offense, was subject to civil asset forf
During an April 28 press conference, Mayor Michael Hancock and other Denver officials announced a series of proposals to help boost an economy negatively impacted by COVID-19. The centerpiece of the plan is a $400 million bond measure that is expected to be placed on the November 2021 ballot, with the funds earmarked for thus-far-unspecified projects intended to create jobs and improve infrastructure.
Hancock began the virtual press conference with some stage-setting. In the year since the onset of this pandemic, COVID-19 has robbed thousands of lives and thousands more of their livelihoods, he pointed out. Now, however, he said that the rescue phase of the city s response to the novel coronavirus is coming to a close and the recovery phase is starting.
NSW signs deal with Denver to help tech businesses launch in US
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The NSW government has signed an agreement with the United States city of Denver to give businesses priority access, free office space and introductions to commercial partners in the Colorado capital.
The government opted for Denver as a burgeoning hub of tech start-up activity and less expensive site for expansion into the US market for Australian businesses than Silicon Valley, California.
NSW Deputy Premier John Barilaro signed a virtual agreement with the Mayor of Denver, Colorado, via Zoom. Â
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Deputy Premier and Minister for Regional NSW, Industry and Trade, John Barilaro, said the agreement was the first of its kind between Denver City and a state government. Denver has similar agreements with cities including London and Toronto.