Norfolk

US-TRANSPORT-ACCIDENT-FIRE

The US Railway Norfolk Southern to Pay $600M After Train Accident in Ohio

Norfolk Southern agreed to a $600 million settlement for an Eastern Ohio train accident in February 2023. The accident derailed about 50 cars, leading to the evacuation of 1,500 to 2,000 residents.

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UK energy firm 3sun bags $16.7M investment from Business Growth Fund

Norfolk, UK-based energy firm 3Sun Group bagged a $16.7 million (£10 million) investment from the Business Growth Fund (BGF) to fuel its European expansion and workforce addition.

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UC Funding grants USD 9.94 million acquisition bridge loan to VA developers

UC Funding granted a USD 9.94 million bridge loan to real estate developers in Norfolk, VA.

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