Lisa Champney

@lisachampny.bsky.social

Co-Host with @LetsTagIt.bsky.social of #TheDramaMammas. Join us Thursdays at 5pm ET.

The IRA contained a massive tax credit for clean-energy. By Election Day, this policy, alongside other, smaller Biden-era programs, had driven $185 billion in announced private investment into factories that make solar panels, batteries, and electric vehicles, among other clean technologies.

James Downie@jamescdownie.bsky.social · 3h ago

"The conventional wisdom today is that Biden’s bet [on the IRA] was a bust....Every part of that story, however, is at best incomplete and at worst simply wrong. The law did, in fact, deliver votes for Democrats. And key components of it are still on the books." – @leahstokes.bsky.social

ICE has now spent over $2.2 BILLION on purchasing 4 private prisons from CoreCivic, with the company banking half a billion dollars on the most recent sale. Of course, ICE will not actually operate these facilities; CoreCivic keeps the contracts to run these places for the foreseeable future.

Andrea Castillo
@andreamcastillo
CoreCivic has sold told two more detention centers to DHS, in Minnesota and Kansas, for $734 million. Company says more sales possible: https://ir.corecivic.com/news-releases/news-release-details/corecivic-sells-two-additional-detention-facilities

This news follows the sale of two ICE facilities in California last month for $1.5 billion: 
https://latimes.com/politics/story/2026-07-07/dhs-buys-two-california-immigrant-detention-centers-for-1-5-billion
ir.corecivic.com
CoreCivic Sells Two Additional Detention Facilities | CoreCivic, Inc.
The Investor Relations website contains information about CoreCivic, Inc.'s business for stockholders, potential investors, and financial analysts.
3:15 PM · Aug 5, 2026
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239
 ViewsCoreCivic Sells Two Additional Detention Facilities
August 5, 2026

Follows Sales of Two Detention Facilities in California
BRENTWOOD, Tenn., Aug. 05, 2026 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today that it has completed the sales of its 1,600-bed Prairie Correctional Facility in Appleton, Minnesota and its 1,033-bed Midwest Regional Reception Center in Leavenworth, Kansas to the United States of America and its assigns, by and through the Department of Homeland Security for an aggregate gross sales price of $734.0 million, including $495.6 million for the Prairie Correctional Facility and $238.4 million for the Midwest Regional Reception Center. These purpose-built facilities were specifically designed to care for individuals in a secure environment. After federal and state income taxes of approximately $182.2 million and transaction costs, the Company anticipates its net proceeds from these asset sales to be approximately $522.5 million. The Company currently expects to use the net proceeds for general corporate purposes, which may include debt reduction and the repurchase of the Company's common stock.