NatWest

Limekiln Wind Farm: Boralex achieves major milestone, closes its first project financing in the UK

Retrieved on: 
torsdag, maj 16, 2024
Vestas, BLX, Legislation, NatWest, Wind, Difference, Growth, EDC, Lime kiln, Export Development Canada, Government, Electricity, TSX, Renewable energy

EDINBURGH, United Kingdom, May 16, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the long-term financing of its largest project in Europe, the 106MW Limekiln Wind Farm, based in the United Kingdom.

Key Points: 
  • EDINBURGH, United Kingdom, May 16, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the long-term financing of its largest project in Europe, the 106MW Limekiln Wind Farm, based in the United Kingdom.
  • The financing has been secured from National Westminster Bank PLC (NatWest) and Export Development Canada (EDC), for an aggregate amount of up to £130M ($222M CAD).
  • NatWest will also act as facility agent, security agent, hedge counterparty and account bank.
  • Lastly, the wind farm will provide sufficient electricity to meet the needs of around 100,000 British homes based on the average generation mix of UK power sources.

Two Persado Customers Recognized for Effective Use of Generative AI in Marketing

Retrieved on: 
tisdag, april 30, 2024
Digiday, Language, Internet, NatWest, AI, Marks & Spencer, NLP, Machine learning, Content, Natural language processing, Data, M&S, Marketing, Vodafone Italy, Deep learning, Sales

NEW YORK, April 30, 2024 /PRNewswire/ -- Persado, the Motivation Artificial Intelligence (AI) company, announced today that two Persado customers, multinational retailer M&S and a global financial services company, have been named finalists in the prestigious Digiday Content Marketing Awards, which recognize the companies and campaigns using content to modernize media and marketing. According to award organizer Digiday Media, this year's Content Marketing Awards finalists focused on creating more relatable, interactive campaigns to improve consumer engagement. The shortlisted entries showcase the companies and campaigns successfully using content to modernize media and marketing. Award winners will be announced on May 7, 2024.

Key Points: 
  • According to award organizer Digiday Media, this year's Content Marketing Awards finalists focused on creating more relatable, interactive campaigns to improve consumer engagement.
  • The shortlisted entries showcase the companies and campaigns successfully using content to modernize media and marketing.
  • Persado customers recognized in the awards demonstrate innovative, highly effective use of Persado Motivation AI solutions and data insights to generate on-brand, high-performing marketing messages that increase customer engagement and loyalty.
  • "Many Persado customers overall are off to an award-worthy start in applying AI for marketing content generation in 2024.

Quinbrook Closes £120m Milestone Project Financing for Five Synchronous Condenser Projects

Retrieved on: 
torsdag, april 25, 2024
Environment, Finance, Consulting, Utilities, Professional Services, Alternative Energy, Sustainability, Green Technology, Energy, National Grid, Partnership, Siemens Financial Services, Rassau, NatWest, Renewable energy

Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, today announced it has closed £120 million in new debt financing for a portfolio of five synchronous condenser projects.

Key Points: 
  • Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, today announced it has closed £120 million in new debt financing for a portfolio of five synchronous condenser projects.
  • This is the first portfolio financing of synchronous condensers that were awarded contracts in Phases I and II of National Grid’s Stability Pathfinder Programme.
  • Included in this portfolio financing is Quinbrook’s first synchronous condenser, located at Rassau in Wales.
  • This first project was awarded a contract by National Grid in Phase I and has exceeded all operational targets since completion in 2022.

2024 Appian Innovation Award Winners Demonstrate Significant Business Results with Next-Gen AI Process Automation

Retrieved on: 
onsdag, april 17, 2024
Army, NatWest Group, UI, Automation, Net, Policy, NatWest, AI, Triage, United States Air Force, The Economist, APPN, Oscar Health, Municipality, Internet, Legislation, Offense, Platform, Workforce, Accounting, Risk assessment

WASHINGTON, April 17, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) today announced the winners of the 2024 Appian Innovation Awards at its annual global conference, Appian World .

Key Points: 
  • WASHINGTON, April 17, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) today announced the winners of the 2024 Appian Innovation Awards at its annual global conference, Appian World .
  • This year's finalists have successfully implemented AI process automation to deliver significant business value.
  • By leveraging d ata f abric and AI technology, these winners have shown the art of the possible with next-generation process orchestration.
  • The provider contracting team also leverages Appian AI for intelligent document processing to reduce human errors and enhance process efficiency within the provider contracting process.

2024 Appian Innovation Award Winners Demonstrate Significant Business Results with Next-Gen AI Process Automation

Retrieved on: 
onsdag, april 17, 2024
Army, NatWest Group, UI, Automation, Net, Policy, NatWest, AI, Triage, United States Air Force, The Economist, APPN, Oscar Health, Municipality, Internet, Legislation, Offense, Platform, Workforce, Accounting, Risk assessment

WASHINGTON, April 17, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) today announced the winners of the 2024 Appian Innovation Awards at its annual global conference, Appian World .

Key Points: 
  • WASHINGTON, April 17, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) today announced the winners of the 2024 Appian Innovation Awards at its annual global conference, Appian World .
  • This year's finalists have successfully implemented AI process automation to deliver significant business value.
  • By leveraging d ata f abric and AI technology, these winners have shown the art of the possible with next-generation process orchestration.
  • The provider contracting team also leverages Appian AI for intelligent document processing to reduce human errors and enhance process efficiency within the provider contracting process.

NatWest Invests in Icon Solutions Reinforcing Commitment to Payments Modernisation

Retrieved on: 
torsdag, mars 14, 2024
Professional Services, Payments, Technology, Finance, Fintech, Consulting, Banking, Partnership, Life, IPF, NatWest, News

NatWest has announced a strategic minority investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services.

Key Points: 
  • NatWest has announced a strategic minority investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services.
  • The investment follows the news last September that NatWest selected Icon Solutions Payments Framework (IPF) to accelerate the bank’s payments modernisation.
  • Mark Brant, Chief Payments Officer at NatWest comments:
    “Our relationship with Icon Solutions has already helped us to bring our payments estate to life.
  • “Overcoming vendor lock in and powering in-house builds with the Icon Payments Framework (IPF), NatWest can now drive change from within.

Congratulations to NatWest for Winning the Celent Model Risk Manager Award of the Year

Retrieved on: 
torsdag, mars 21, 2024
Automation, Risk, Financial services, Policy, NatWest, Risk assessment, NatWest Group

LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honored with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes. This award recognizes the company's ability to reduce multiple assessment cycle times using patterns of governance. One example being product governance, which has fallen from 4.5 days to less than 20 minutes, marking a key milestone in their 'moonshot' goal of reducing cycle time from 73 days to 73 minutes.

Key Points: 
  • LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honored with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes.
  • This award recognizes the company's ability to reduce multiple assessment cycle times using patterns of governance.
  • UK's largest business bank won the Celent Risk Manager Award for transforming risk and change governance processes.
  • "NatWest's exemplary approach showcases a commitment to process excellence and operational efficiency," said Ian Watson, Head of Risk Research at Celent.

Congratulations to NatWest for Winning the Celent Model Risk Manager Award of the Year

Retrieved on: 
torsdag, mars 21, 2024
Automation, Risk, Financial services, Policy, NatWest, Risk assessment, NatWest Group

LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honoured with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes. This award recognises the company's ability to reduce multiple assessment cycle times using patterns of governance. One example being product governance, which has fallen from 4.5 days to less than 20 minutes, marking a key milestone in their 'moonshot' goal of reducing cycle time from 73 days to 73 minutes.

Key Points: 
  • LONDON, March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honoured with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes.
  • This award recognises the company's ability to reduce multiple assessment cycle times using patterns of governance.
  • "NatWest's exemplary approach showcases a commitment to process excellence and operational efficiency," said Ian Watson, Head of Risk Research at Celent.
  • Learn how NatWest is boosting productivity, reducing risk, and improving the customer experience here .

EQS-News: ENCAVIS successfully signed project refinancing agreements for Spanish solar parks Talayuela & La Cabrera of EUR 203 million

Retrieved on: 
onsdag, mars 13, 2024
CFO, Project finance, Letter, AMRO Bank, ABN, ABN AMRO, MDAX, EUR, Deutsch, Rabobank, Electricity, NatWest, Professional, Commercial property

Hamburg, 7th March 2024 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has signed two non-recourse project refinancing agreements in a total amount of EUR 203 million for its operating solar plants Talayuela and La Cabrera, Spain.

Key Points: 
  • Hamburg, 7th March 2024 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has signed two non-recourse project refinancing agreements in a total amount of EUR 203 million for its operating solar plants Talayuela and La Cabrera, Spain.
  • Both refinancing transactions have been structured, arranged, and managed by ENCAVIS' inhouse Project Finance team.
  • While ABN AMRO, Rabobank and Bankinter are financing partners of ENCAVIS for years, NatWest provides project financing to ENCAVIS for the first time.
  • In total, the refinancing includes EUR 181.5 million Term Loan Facilities (hedged by interest rate swaps), as well as EUR 13 million Letter of Credit Facilities and EUR 8.5 million Debt Service Reserve Facilities.

Lightsource bp Completes $348 Million Financing Package for Two Utility-Scale Solar Projects in Texas

Retrieved on: 
onsdag, februari 21, 2024
Finance, Alternative Energy, Energy, Environment, Professional Services, Project finance, Inflation, Lloyds Bank, Senior, Structured finance, Weather, Risk management, Lloyds Banking Group, Lightsource BP, Life, Climate, NatWest Group, AIB, Second Division, Electricity, NatWest, Société Générale, Allied Irish Banks, Renewable energy

This financing marked Societe Generale’s sixth transaction supporting Lightsource bp’s renewable energy projects in the USA.

Key Points: 
  • This financing marked Societe Generale’s sixth transaction supporting Lightsource bp’s renewable energy projects in the USA.
  • This financing marked ING’s fifth transaction supporting Lightsource bp’s renewable energy projects in the USA.
  • This financing marked Lloyds Bank’s third transaction supporting Lightsource bp’s renewable energy projects in the USA.
  • Lightsource bp currently operates three solar projects in Texas: 260MW Impact, 163MW Elm Branch and 153MW Briar Creek Solar.