Carolyn Rafaelian

RI News
2:34 pm
Tue November 19, 2013

Belcourt Of Newport Pulls EDC Grant Request For Mansion Upgrade

Alex and Ani founder Carolyn Rafaelian owns Belcourt of Newport, which was seeking an EDC grant to pay for eco-friendly upgrades.
Credit Wiki Commons

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.

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