Enel, F2i launch PV joint venture in Italy

first_imgEnel, F2i launch PV joint venture in ItalyThe new partnership, which will include a portfolio of 210 MW of operating solar PV capacity, aims to take advantage of the consolidation currently under way in the Italian PV market. October 19, 2015 Edgar Meza Finance Legal Manufacturing Markets Markets & Policy Share Enel Green Power (EGP) and F2i SGR have set up a joint venture finalised today an agreement to form a 50-50 joint venture to hold 210 MW of solar PV assets. An Italian asset management company, F21 controls the F2i fund, which specializes in investments in the infrastructure sector. The group will contribute 105 MW of assets held by its F2i Solare 1 and F2i Solare 3 units. EGP will also bring 105 MW of solar assets from its Altomonte FV subsidiary to the new company. The joint venture aims to take advantage of the consolidation currently under way in the Italian PV market by bringing together operating PV solar plants owned by different financial institutions and private operators. EGP said the joint venture would create value by reducing operating expenses, optimizing energy management with the proactive management of EGP’s assets, leveraging the company’s expertise and optimizing debt to seize new financing opportunities in a new market environment of low interest rates. EGP put the enterprise value of its assets at €230 million and that of the F2i assets at €285 million. The equity value of EGP assets is €88 million net of minorities, while that of the F2i assets is €106 million, the companies added. In order to guarantee equal shareholdings in the joint venture, EGP will also make an €18 million cash contribution to the new company. EGP has an option to acquire an additional 2.5% of the joint venture, which would give it control of the company. The agreement also gives F2i the possibility of contributing by 2016 an additional 58 MW of capacity, with EGP making an additional cash injection to maintain the two partners’ equal stakes in the joint venture. The deal, which is expected to close by the end of 2015, remains subject to the approval of the EU antitrust authority.Popular content Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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Jason Gotay to Play Che in Evita at New York City Center

first_imgJason Gotay (Photo: Emilio Madrid for Broadway.com) Strong-voiced star Jason Gotay has been cast as Che in New York City Center’s upcoming special gala staging of Andrew Lloyd Webber and Tim Rice’s Tony-winning musical Evita. The previously announced production, directed by Sammi Cannold, music-directed by Kristen Blodgette and co-choreographed by Valeria Solomonoff and Emily Maltby, will run for two weeks from November 13-24.Gotay is a City Center alum who appeared earlier this year in the Encores! production of Call Me Madam. He has been seen on Broadway in Bring It On The Musical and Spider-Man: Turn Off the Dark and off-Broadway in The Anthem and F#%king Up Everything.Gotay joins a previously announced cast that includes Solea Pfeiffer as Eva and Maia Reficco as Young Eva, along with Philip Hernandez as Magaldi and Enrique Acevedo as Perón, with an ensemble comprising Sergio Martín Almirón, Fabio Angelo, Isa Antonetti, Leah Barsky, Kristina Bermudez, Edgar Cavazos, Alexander Gil Cruz, Rebecca Eichenberger, Jennifer Florentino, David Michael Garry, Mariano Loguidice, Robin Masella, Phoebe Garcia Pearl, Patricia Phillips, Guillermina Quiroga, Maria Cristina Slye, Lucas Thompson, Daniel Torres and Ricardo A. Zayas.Cannold’s vision for Evita uses dynamic visual storytelling and an original approach to excavate new depths within Webber and Rice’s text, with Reficco playing Perón from ages 15-20 and Pfeiffer portraying her from ages 20-33. View Commentslast_img read more

Insurance non-profit pledges to match support for racial justice organizations

first_imgBlue Cross and Blue Shield of Vermont,Vermont Business Magazine In commemoration of Juneteenth, 2020 the Blue Cross and Blue Shield of Vermont Diversity and Inclusion Council announced today that the non-profit will match the proceeds of an employee-led fundraiser for Black Lives Matter of Greater Burlington and the Vermont Racial Justice Alliance.  Blue Cross and Blue Shield of Vermont said in a statement today that they condemn racism and systemic oppression and stands in solidarity with other local Vermont institutions and organizations to proactively disrupt the status quo. Furthermore, they believe the recent killings of George Floyd, Ahmaud Arbery, and Breonna Taylor are a result of long-standing aggression and racial profiling dating back generations. Remaining silent in the face of overt acts of violence, daily micro aggressions, and injustice towards people of color reinforces and perpetuates this deeply entrenched system. “We will not remain silent.”“We are launching this fundraiser today to stand in support of the local leaders who are raising their voices for racial justice,” says Megan Peek, Director of Community Relations at Blue Cross and Blue Shield of Vermont. “It is long past time for our society to collectively rise against senseless racial violence and begin to take concrete steps to address the health disparities faced by people of color. We support societal racial justice reforms through community-led policies and education.”As America gathers to protest systemic racism, we are galvanized to listen, speak up, and stand strong alongside one another to fight for what is right and what is just. If one person is harmed, we are all harmed.  This is our pledge to all Vermonters: First and foremost, we pledge to act. We will work with our Diversity and Inclusion Council to identify opportunities for growth within our organization and develop concrete steps to closing these gaps. From implicit bias training to hiring practices, we will work with leading organizations to educate ourselves about white privilege and how to support anti-racism work every day and through every interaction.We pledge to listen and learn. As health care leaders we promise to make a dedicated commitment to understanding and addressing factors that cause African Americans to suffer more than half of the COVID-19 cases and nearly 60 percent of deaths nationwide. We will seek out, listen to, and support advocates and organizations to end racial violence and oppression.We pledge to be part of the change we wish to see. We will work to support our partner organizations in their efforts to address racial bias and health disparities in communities throughout Vermont, including Black Lives Matter of Greater Burlington(link is external), the Vermont Racial Justice Alliance(link is external), and Governor Phil Scott’s Racial Equity Task Force(link is external).  Furthermore, we support the Floyd family’s call to create a national task force that would establish bipartisan legislation focused on ending racial violence and increasing police accountability. We will call on elected officials to commit to a process of healing and we will refuse to support leaders who perpetuate messages of division.Blue Cross and Blue Shield of Vermont(link is external) is Vermont’s only local, not-for-profit health plan. For over 70 years, Blue Cross and Blue Shield of Vermont has been enhancing the health and well-being of the Vermonters by offering innovative plans to individuals, seniors and businesses.  Blue Cross and Blue Shield of Vermont is dedicated to developing new ways to support high quality care and programs and events that promote wellness. Blue Cross and Blue Shield of Vermont is an independent licensee of the Blue Cross and Blue Shield Association. For more information, visit www.bcbsvt.com(link is external).Connect with Blue Cross and Blue Shield of Vermont:Twitter: @bcbsvt(link is external)             Instagram: @bcbsvt(link is external)Facebook: https://www.facebook.com/bcbsvt(link is external)LinkedIn: https://www.linkedin.com/company/blue-cross-and-blue-shield-of-vermont(link is external)Source: Berlin, VT, June 19, 2020—Blue Cross and Blue Shield of Vermontlast_img read more

GU Energy expands management team

first_imgEnergy gel pioneer GU Energy Labs has announced three key promotions within the business: Michael Littleton is promoted to Vice President of Finance, Magdalena Lewy-Boulet to Vice President of Innovation and Lauren O’Connor to Director of Marketing.Paving the way in research and development, Magdalena Lewy-Boulet, GU Energy’s resident US Olympian (Women’s Marathon, 2008 Beijing Games), will assume the role of Vice President of Innovation. Boasting a Masters in Exercise Physiology, Magdalena has already developed new gels for Rock-n-Roll Marathons, as well as a new Chocolate Peanut Butter flavour. As noted by GU, ‘Magda’ also happens to own the 5th fastest women’s marathon time in US history.A key player in leading GU through recapitalization in August 2013, Michael Littleton, who formerly served as Controller for GU Energy, will now take the reins as Vice President of Finance. Littleton is a CPA by trade and has been integral in helping the company navigate myriad new tax regulations as well as the many new topics engendered by GU’s recently-completed corporate headquarters.Additionally, former Senior Marketing Manager Lauren O’Connor has been promoted to Director of Marketing at GU. A former high level rugby player, O’Connor has already played a key role in development of new marketing ideas, strategies and tactics for GU, and will continue to shape brand marketing strategy in her new role.“We are incredibly excited about extending the responsibilities of Michael, Magdalena and Lauren on our management team,” said Tal Johnson, President and COO of GU Energy. “These individuals have been vital in the elevation, innovation and growth of our brand – we greatly look forward to their continued contributions in their new roles.”www.GUenergy.com Relatedlast_img read more

DB signs €1·5bn double-deck framework

first_imgGERMANY: On January 5 Deutsche Bahn and Bombardier Transportation announced a framework agreement worth up to €1·5bn for the supply of 800 double-deck coaches, including DB’s first double-deck EMU cars. DB will use the vehicles to compete in tenders for the provision of local rail transport. ‘For the first time ever, we will have powered double-deck coaches in our fleet’, said DB Regio Chairman Ulrich Homburg. ‘Individual coaches, driving trailers or trailer coaches can be added as well, depending on what the trains are being used for’. DB Regio currently has more than 2 000 double-deck coaches in its fleet, and the new stock will be compatible with previous generations.In 1998 Bombardier, Adtranz and Siemens developed a three-car double-deck EMU for possible use by DB. Known as Meridian, the aluminium-bodied Class 445 was built as a demonstrator and shown at the 1998 InnoTrans trade fair. The outer two cars were powered and the train offered 289 seats. However, no follow-on order was placed.DWA built six Class 670 double-deck single-car diesel railbuses for DB in 1996, but they have since been sold. Last month LNVG placed a €46m order with Bombardier for a further 34 double-deck coaches for use on Metronom services south of Hamburg. The Niedersachsen transport authority also ordered 10 two-car Coradia Lint DMUs from Alstom at a cost of €28m.last_img read more

This Day in History: KKK member Robert Chambliss was convicted for…

first_imgOn the day in history November 18, 1977, Ku Klux Klan member Robert Chambliss was convicted in the Birmingham, Alabama, church bombing that killed four little Black girls.A witness identified Chambliss as the man who placed a box of dynamite underneath the stairs of the 16th Street Baptist Church, where the girls and dozens of others were attending Sunday school services. Carole Robertson, 14, Denise McNair, 11, Cynthia Wesley, 14, and Addie Mae Collins, 14, all died in the blast and 23 others were injured.Chambliss was arrested and tried with murder on Oct. 8, 1963, but was cleared on the murder charges and sentenced to six months in jail for having the dynamite and $300 fine. Civil rights leaders rallied for justice for the little girls, and with the help of Alabama Attorney General Bill Baxley, the FBI reopened the case to reveal evidence against Chambliss not used in the original trial.In November 1977, at 73 years old, Chambliss was re-tried and convicted of the murders and sentenced to life in prison. He died on Oct. 29, 1985. Bet.comlast_img read more

Demerara crush Essequibo by nine wickets

first_imgIt took title contenders Demerara just under 30 minutes on the final morning to secure a convincing nine-wicket outright win over Essequibo in round one of the Hand-in-Hand sponsored inter-county Under-19 three-day tournament at the Georgetown Cricket Club (GCC) Ground, yesterday. Scenes of the day saw Essequibo resuming the final morning on 155-9 with a lead of 23 runs. They were only able to add one run to their overnight score before being dismissed for 156 inside 61 overs.Off-spinner Pradesh Ballkishun, who snared the final wicket to fall, ended with 4-22 from 10.1 overs while Joel Spooner, who engineered the early damage, finished with 6-54 and a match haul of 11-64 in his maiden Under-19 inter-county match.Demerara needing 25 to complete the outright win, reached 25 for 1 in 4.3 overs with Robin Williams (18) and Sachin Singh (5) ending unbeaten to carry their side over the line. Adrian Hinds (2) was the man dismissed, trapped LBW by off-spinner Amit Persaud (1-11). Persaud ended the match with a haul of 7-80. Scores in the match: Essequibo 75: (Orlando Jailall 27, Joel Spooner 5-10) and 156 (Jailall 60, Kevin Christian 49, Spooner 6-54, Pradesh Ballkishun 4-22) defeated by Demerara 207-9 (Alphius Bookie 51, Williams 42, Amit Persaud 6-69) and 25-1.Round two bowls off tomorrow which will see Demerara taking on the Select Under-17 side at the GCC ground while Berbice and Essequibo will be locked in battle at Lusignan.last_img read more