Government

Connecticut Water Files Application With Connecticut Public Utilities Regulatory Authority (PURA) to Amend Rates

Friday, January 15, 2021 - 9:37pm

The Connecticut Water Company (Connecticut Water), a wholly owned subsidiary of SJW Group (NYSE: SJW), announced the filing today of an application to amend customer rates with the Connecticut Public Utilities Regulatory Authority (PURA).

Key Points: 
  • The Connecticut Water Company (Connecticut Water), a wholly owned subsidiary of SJW Group (NYSE: SJW), announced the filing today of an application to amend customer rates with the Connecticut Public Utilities Regulatory Authority (PURA).
  • PURA has 200 days to review the application, and the approved rates will go into effect soon after.
  • Since rates were set in 2010 during the companys last general rate case, Connecticut Water has returned $14.7 million to customers through temporary rate reductions.
  • Connecticut Water provides water service to nearly 350,000 people in 60 Connecticut communities and wastewater service to 10,000 people in Southbury, Connecticut.

AVANGRID’S New England Clean Energy Connect Receives Final Major Permit and Announces Start of Construction

Friday, January 15, 2021 - 5:26pm

AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that it has received the Presidential Permit from the US Department of Energy for its New England Clean Energy Connect (NECEC) project, thus successfully completing all major permitting.

Key Points: 
  • AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that it has received the Presidential Permit from the US Department of Energy for its New England Clean Energy Connect (NECEC) project, thus successfully completing all major permitting.
  • The granting of the Presidential Permit brings us closer to our collective goal building a clean energy future for us all.
  • The New England Clean Energy Connect (NECEC) is a $950 million investment that will deliver 1,200 megawatts of renewable hydropower to the New England energy grid in Lewiston, Maine.
  • For more information about Hydro-Qubec: https://www.hydroquebec.com/about/our-energy.html
    For more information about the New England Clean Energy Connect, please visit our website at https://www.necleanenergyconnect.org/ .

New Year, New Lighting from Kichler Lighting

Friday, January 15, 2021 - 3:07pm

Experience the interactive Multichannel News Release here:

Key Points: 
  • Experience the interactive Multichannel News Release here:
    Industry leader, Kichler Lighting, introduces its latest collection of lighting designs with a variety of options to transform entryways and kitchens to bedrooms and patios.
  • With innovation and the latest trends always at the forefront, Kichler Lighting can help you achieve the ideal ambiance and decorating vision for your entire home.
  • If your style is all about embracing the future, metallics and black details, then Kichler Lighting offers some exquisite new fixtures for you.
  • For additional design inspiration, to view Kichler Lighting's Lighting Ideas guide or visit Kichler.com.

ESAs’ Board of Appeal dismisses case against the EBA on alleged non-application of Union law as manifestly inadmissible

Friday, January 15, 2021 - 4:06pm

In its decision, the Board of Appeal dismisses the Appellants claim as manifestly inadmissible as the facts described do not seem to involve a subject-matter within the remit of the EBA nor of the Board of Appeal.

Key Points: 
  • In its decision, the Board of Appeal dismisses the Appellants claim as manifestly inadmissible as the facts described do not seem to involve a subject-matter within the remit of the EBA nor of the Board of Appeal.
  • In addition, the Board of Appeal notes that the Appellant, at the time of filing this new appeal, was fully aware of the reasons of inadmissibility of the appeal filed against ESMA and EIOPA.
  • The Board of Appeal, therefore, considers the appeal as manifestly inadmissible and does not allow for any further consideration.
  • The appeal against EBAs communication of 21 December 2020 was filed with the Board of Appeal on 22 December 2020.

ESAs’ Board of Appeal dismisses case against the EBA on alleged non-application of Union law as manifestly inadmissible

Friday, January 15, 2021 - 4:03pm

In its decision, the Board of Appeal dismisses the Appellants claim as manifestly inadmissible as the facts described do not seem to involve a subject-matter within the remit of the EBA nor of the Board of Appeal.

Key Points: 
  • In its decision, the Board of Appeal dismisses the Appellants claim as manifestly inadmissible as the facts described do not seem to involve a subject-matter within the remit of the EBA nor of the Board of Appeal.
  • In addition, the Board of Appeal notes that the Appellant, at the time of filing this new appeal, was fully aware of the reasons of inadmissibility of the appeal filed against ESMA and EIOPA.
  • The Board of Appeal, therefore, considers the appeal as manifestly inadmissible and does not allow for any further consideration.
  • The appeal against EBAs communication of 21 December 2020 was filed with the Board of Appeal on 22 December 2020.

LegalShield Economic Stress Index™ Shows that the Homebuilding Industry Continues To Lead the Economic Recovery

Friday, January 15, 2021 - 3:00pm

Concurrently, the Housing Sales Index reached an all-time high in December, indicating that demand for homes should sustain existing home sales into 2021.

Key Points: 
  • Concurrently, the Housing Sales Index reached an all-time high in December, indicating that demand for homes should sustain existing home sales into 2021.
  • Highlights from the December 2020 LegalShield Economic Stress Index are as follows:
    The Consumer Stress Index fell (improved) 2.7 points in December to 65.9.
  • Meanwhile, the Conference Boards Consumer Confidence Index decreased 4.3 points to 88.6 in December, the second consecutive month of decline.
  • The Bankruptcy Index dropped (improved) 1.8 points to 29.9 in December, after rising in each of the prior two months.

Fumiaki Ikeno, Medtech and Data Expert, Joins Omniscience as an Advisor

Friday, January 15, 2021 - 2:00pm

Omniscience today announced that Fumiaki Ikeno, Program Director (U.S.) Japan Biodesign, Stanford Biodesign, Cardiovascular Medicine, Stanford University, has joined the company as an advisor.

Key Points: 
  • Omniscience today announced that Fumiaki Ikeno, Program Director (U.S.) Japan Biodesign, Stanford Biodesign, Cardiovascular Medicine, Stanford University, has joined the company as an advisor.
  • Omniscience has some of the most advanced artificial intelligence available to the insurance industry and other parts of the health technology realm, said Dr. Ikeno.
  • We are honored that Dr. Ikeno has agreed to be a part of the Omniscience family, said Sunil Rawat, Omniscience co-founder and CEO.
  • Based in Palo Alto, CA, investors in Omniscience include Guardian Life Insurance Company of America, RGAX, TD Bank, Translink Capital, and others.

ESAs’ Board of Appeal dismisses case against the EBA on alleged non-application of Union law as manifestly inadmissible

Friday, January 15, 2021 - 1:10pm

In its decision, the Board of Appeal dismisses the Appellants claim as manifestly inadmissible as the facts described do not seem to involve a subject-matter within the remit of the EBA nor of the Board of Appeal.

Key Points: 
  • In its decision, the Board of Appeal dismisses the Appellants claim as manifestly inadmissible as the facts described do not seem to involve a subject-matter within the remit of the EBA nor of the Board of Appeal.
  • In addition, the Board of Appeal notes that the Appellant, at the time of filing this new appeal, was fully aware of the reasons of inadmissibility of the appeal filed against ESMA and EIOPA.
  • The Board of Appeal, therefore, considers the appeal as manifestly inadmissible and does not allow for any further consideration.
  • The appeal against EBAs communication of 21 December 2020 was filed with the Board of Appeal on 22 December 2020.

Crossroads Tenants Win Big!

Friday, January 15, 2021 - 11:30am

As a result of the developers actions, in December 2019, the LATU Hollywood Local and several tenants filed a lawsuit against two limited liability corporations (LLCs) involved in Harridges Crossroads development.

Key Points: 
  • As a result of the developers actions, in December 2019, the LATU Hollywood Local and several tenants filed a lawsuit against two limited liability corporations (LLCs) involved in Harridges Crossroads development.
  • And while many of the tenants caved to pressure and vacated their apartments, approximately 50 tenants remain.
  • Tenants named in the suit are part of a larger group of tenants of the Crossroads Apartments who are dues-paying members in good standing with the LATU Hollywood Local.
  • While at first blush Crossroads appears to include 105 new affordable apartments, in order to do so it is displacing scores of long-term, low-income Hollywood tenants and demolishing 84 rent-stabilized apartments.

Call for experts to join Network on Pension

Friday, January 15, 2021 - 12:06am

The European Insurance and Occupational Pensions Authority (EIOPA) issued today a call for experts to join a Practitioners Network on Pension Tracking Systems (Network) to strengthen and complement EIOPA's expertise with regard to the internet-based applications that provide citizens with an overview of their future retirement income, based on their entitlements from all pension schemes in which they participate.

Key Points: 
  • The European Insurance and Occupational Pensions Authority (EIOPA) issued today a call for experts to join a Practitioners Network on Pension Tracking Systems (Network) to strengthen and complement EIOPA's expertise with regard to the internet-based applications that provide citizens with an overview of their future retirement income, based on their entitlements from all pension schemes in which they participate.
  • The expertise gathered from the Network should benefit current work of EIOPA to identify best practices for the set-up of a National Pension Tracking System tool following the call for advice from the European Commission.
  • In particular, EIOPA seeks representatives from public entities, pension funds associations, companies, non-profit organisations and the European Tracking Service.
  • The requirements, selection process and conditions are specified in more detail in the call for experts.