Belcourt of Newport has pulled its application for a state renewable energy grant. Alex and Ani owner Carolyn Rafaelian bought Belcourt and is currently renovating the Newport mansion.
The Rhode Island Economic Development Corporation was supposed to take up this month an $18,500 grant for a solar array and geo-thermal heating and cooling system for Belcourt. But the EDC said Belcourt has pulled the grant request.
The EDC put off a vote on awarding the grant at its last meeting after two board members recused themselves due to a conflict of interest.
The founder of Alex and Ani is seeking a grant from the Rhode Island Economic Development Corporation. The grant is to help make Belcourt Castle in Newport more eco-friendly.
Alex and Ani founder Carolyn Rafaelian bought Belcourt Castle, renamed it Belcourt of Newport, and is now refurbishing the place. Rafaelian is seeking a grant of $18,500 for a solar array and a geothermal heating and cooling system. The grant would come from the EDC’s Renewable Energy Fund.
Jewelry success story Alex and Ani has purchased naming rights to the basketball court at the University of Rhode Island's Ryan Center for an undisclosed sum. The men's and women's basketball teams will take the court this season with the Alex & Ani logo prominently displayed at both ends of the floor.
URI is not the only state university upgrading facilities thanks to the company's largesse. The Alex and Ani name will also grace a new arts center scheduled to open this year at Rhode Island College.
Once again, Rhode Island has embarked on an advertising campaign to raise our state’s flagging self-esteem. RIPR political analyst Scott MacKay says it’s time for us to stop running down our tiny corner of New England.
Back in 1996, when Jack Reed was running his first U.S. Senate campaign, Texas Gov. Ann Richards came to Newport to speak at a Reed fund-raiser. The tart-tongued Texan introduced the vertically-challenged Rhode Island Democrat by saying to prolonged laughter that Reed is proof ``that size doesn’t matter.’’