Mitsui

EQS-News: PATRIZIA closes debut investment for A-SIF with initial AUD 70 million Australian renewables deal

Retrieved on: 
Tuesday, October 17, 2023
Partnership, Infrastructure, EPC, Climate change, News, National Electricity Market, Wind, Mitsui & Co., EUR, USD, CO2, Transmission loss, Aftercare, Solar energy, AUD, Education, International Energy Agency, AUM, Philosophy, LTD, YES, Life, Security (finance), Cryptocurrency, Renewable energy, Asset management, Mitsui

The deal marks the debut investment for A-SIF, which is a joint venture between PATRIZIA and Mitsui.

Key Points: 
  • The deal marks the debut investment for A-SIF, which is a joint venture between PATRIZIA and Mitsui.
  • The investment in YES Group will ensure the strategy is implemented by an experienced and established operational team.
  • Saji Anantakrishnan, Head of Infrastructure for Australia and Asia at PATRIZIA, said: “Decarbonisation and climate change are two core megatrends that underpin our global investment philosophy at PATRIZIA.
  • With operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 39 years.

Aktivolabs Earns HIPAA Certification and Launches Operations in the United States

Retrieved on: 
Friday, October 6, 2023
Technology, Insurance, Health Technology, Professional Services, Data Analytics, General Health, Health, Data Management, Science, Other Science, Dai, Prediabetes, AXA, Certification, GDPR, Dai-ichi, DPA, Risk, HIPAA, SEEDS, Digital, Amaravati seed capital road, Diabetes, ISO, Mitsui, Type, PDPA, Sleep, Digital health, CBT, ISO 27001, Privacy, Life, Enterprise Singapore, Conditional sentence, Cryptocurrency, Sun Life Financial

Aktivolabs, a digital health science company, announced today HIPAA compliance and the launch of its operations in the United States.

Key Points: 
  • Aktivolabs, a digital health science company, announced today HIPAA compliance and the launch of its operations in the United States.
  • “HIPAA, for Aktivolabs, is a validation and testament to our unwavering commitment to upholding the highest standards of data security and privacy,” says Gourab Mukherjee, Co-founder, and CEO of Aktivolabs.
  • Aktivolabs has over half a million paid subscribers, and global clients and partners include Marsh Mercer, AXA, Sunlife, and Dai-ichi.
  • “We respond to this spending challenge with our expansion to the US and recent HIPAA certification to be a trusted partner in the US.

Technip Energies Awarded an Advanced Biofuels Unit and a Green Hydrogen Unit at Galp Sines Refinery

Retrieved on: 
Thursday, October 5, 2023
Commercial Building & Real Estate, Manufacturing, Construction & Property, Other Energy, Green Technology, Oil, Gas, Alternative Energy, Environment, Energy, Engineering, Chemicals, Plastics, Hydrogen, SAF, Construction management, Public Procurement Service, Technip Energies, Carbon, PEM, Plug Power, Electrolysis, Jet fuel, Renewable energy, Galp, Mitsui

Technip Energies (PARIS: TE) has been awarded Engineering, Procurement Services and Construction Management (EPsCm) contracts by Galp for an advanced biofuels unit and a green hydrogen unit for its Sines refinery in Portugal.

Key Points: 
  • Technip Energies (PARIS: TE) has been awarded Engineering, Procurement Services and Construction Management (EPsCm) contracts by Galp for an advanced biofuels unit and a green hydrogen unit for its Sines refinery in Portugal.
  • Both projects are part of Galp’s program to reduce the carbon footprint of the refinery and its products.
  • For this unit, Technip Energies will work in consortium with Technoedif Engenharia, a large engineering firm in Portugal, to complete the EPsCm project.
  • This investment is another example of how Technip Energies enables the decarbonization of the energy industry through collaboration, innovation and technology integration”.

Lokavant Announces $8M Strategic Investment from Mitsui & Co. to Expand AI and Predictive Clinical Trial Intelligence into Asia-Pacific

Retrieved on: 
Tuesday, October 3, 2023
Technology, Research, Clinical Trials, Biotechnology, Health, Pharmaceutical, Other Science, Science, Artificial Intelligence, Threat Intelligence Platform, Mitsui, Mitsui & Co., Clinical trial, Intelligence, Roivant Sciences, RWD, ChromeOS, Fine chemical, Pharmaceutical industry

Lokavant , the clinical trial intelligence platform company, today announces an $8 million strategic investment from global business titan Mitsui & Co. Ltd. to expand its AI-optimized platform across the Asia-Pacific (APAC) region.

Key Points: 
  • Lokavant , the clinical trial intelligence platform company, today announces an $8 million strategic investment from global business titan Mitsui & Co. Ltd. to expand its AI-optimized platform across the Asia-Pacific (APAC) region.
  • Now, with Mitsui’s support, Lokavant is poised to open a new APAC headquarters in Tokyo.
  • Mitsui’s investment in Lokavant is the culmination of a yearlong effort between the two companies, which included Mitsui’s extensive due diligence of the global clinical trials landscape.
  • Lokavant has raised a total of $29 million in funding to expand its intelligence technology for additional applications – from trial participant diversity modeling to site feasibility planning.

NMG Pays Accrued Interests

Retrieved on: 
Sunday, October 1, 2023
EV, Electric Vehicles, Other Energy, Sustainability, Alternative Energy, Alternative Vehicles, Fuels, Batteries, Energy, Technology, Automotive, Environment, Green Technology, Automotive Manufacturing, Manufacturing, TSX Venture Exchange, Indian stock exchange, NOU, Note, Mitsui, Exchange, NMG, NYSE, Investissement Québec, Security (finance)

Nouveau Monde Graphite Inc. (“NMG” or the “Company”) ( NYSE: NMG , TSX.V: NOU ) announces today the payment of accrued interests as part of a previously announced private placement.

Key Points: 
  • Nouveau Monde Graphite Inc. (“NMG” or the “Company”) ( NYSE: NMG , TSX.V: NOU ) announces today the payment of accrued interests as part of a previously announced private placement.
  • Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec, Pallinghurst Bond Limited and Mitsui & Co., Ltd. (the “Holders”) for the third quarter of 2023 under the unsecured convertible notes, as amended and restated, (the “Notes”) issued in connection with the private placement announced by press release dated November 8, 2022, will be deemed paid.
  • 492,783 common shares at a price of US$2.66 (each, a “Common Share”) representing an aggregate amount of US$1,310,803 will be issued and share certificates will be delivered to the Holders at the maturity, conversion or redemption of the Notes in payment of the accrued interests due on September 30, 2023, for the third quarter of the year.
  • The issuance of Common Shares is subject to the approval of the Exchanges and, when issued, will be subject to a hold period of four (4) months and one day.

Celanese Completes the Formation of Nutrinova, a Food Ingredients Joint Venture with Mitsui

Retrieved on: 
Wednesday, September 27, 2023
Food Tech, Retail, Chemicals, Plastics, Technology, Manufacturing, Food, Beverage, JV, CE, Mitsui, EBITDA, Corporation, NYSE, Celanese, Cryptocurrency, Fine chemical, Nutrinova

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that its previously announced formation of Nutrinova, a Food Ingredients joint venture (JV) with Mitsui & Co., Ltd., is complete.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that its previously announced formation of Nutrinova, a Food Ingredients joint venture (JV) with Mitsui & Co., Ltd., is complete.
  • Celanese contributed the assets, technology and employees of its Food Ingredients business while retaining a 30 percent stake in the JV.
  • Mitsui acquired the remaining 70 percent stake at a purchase price of $472.5 million, representing an enterprise valuation of approximately 15 times 2022 EBITDA.
  • “We are pleased to have monetized a majority of the Food Ingredients business in a value accretive way and also maintained the demand benefits of raw material integration with the Acetyl Chain,” said Lori Ryerkerk, chairman and chief executive officer.

FourKites Opens New APAC Headquarters in Chennai, Renews its Commitment to the Hybrid Work Model

Retrieved on: 
Wednesday, September 27, 2023
Software, Supply Chain Management, Professional Services, Data Management, Technology, Commercial Building & Real Estate, Construction & Property, Retail, Building Systems, Human Resources, Transport, Logistics, Environmental, Social and Governance (ESG), Knowledge, Social responsibility, NGO, DLF Cybercity Chennai, Growth, Mitsui, MKI, Carbon, LEED, Mitsui & Co., Renewable energy

Leading supply chain visibility provider FourKites announced today that it has opened a new Asia-Pacific headquarters in Chennai's DLF Cybercity.

Key Points: 
  • Leading supply chain visibility provider FourKites announced today that it has opened a new Asia-Pacific headquarters in Chennai's DLF Cybercity.
  • The move to a more modern, compact space signals the company’s continued commitment to the hybrid work model, providing a comfortable, flexible workspace for local employees to collaborate, and empowering them to transition easily between in-person and remote work.
  • The move is also aligned with FourKites’ ongoing commitment to sustainability.
  • Together, FourKites and MKI will deliver on surging demand for FourKites’ platform in the region, while FourKites continues to grow its headcount to support global customer needs.

Northland Power Announces Signing of Credit Agreement for $5.0 Billion Project Financing at Hai Long Offshore Wind Project

Retrieved on: 
Friday, September 22, 2023
Maintenance, Mitsui, CPPA, Export credit agency, CAD, Government, Sale, Wind, ATM, NPI, TSX, Adjustment, Free cash flow, PPA, Long, Mitsui & Co., Renewable energy, Commercial property, Nguyễn Hai Long, Taiwan Power Company

TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (Northland) (TSX: NPI) today announced that its Hai Long offshore wind project (Hai Long or the project) in Taiwan has signed a credit agreement to secure 118 billion New Taiwan Dollars long-term over 20 year non-recourse financing (equivalent of $5 billion CAD). The weighted average all-in interest cost for the term of the financing is expected to be approximately five per cent.

Key Points: 
  • The project is Northland’s first offshore wind project in Asia and fifth in Northland’s offshore wind portfolio.
  • Upon completion of Hai Long and the Baltic Power project, the company’s gross installed offshore wind capacity will nearly triple from 1.2 GW to 3.3 GW.
  • TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (Northland) (TSX: NPI) today announced that its Hai Long offshore wind project (Hai Long or the project) in Taiwan has signed a credit agreement to secure 118 billion New Taiwan Dollars long-term over 20 year non-recourse financing (equivalent of $5 billion CAD).
  • Once operational, Hai Long will be one the largest offshore wind facilities in Asia, and provide enough clean energy to power more than one million Taiwanese households.

Freedom Space Gains Traction with Government Customers: Securing Jobs, Satellite Services, and Space Access Anytime, Anywhere

Retrieved on: 
Wednesday, September 6, 2023
Data Management, Technology, Manufacturing, Professional Services, Security, Satellite, Other Manufacturing, Software, Government Technology, Defense, Engineering, Freedom, United States Department of Defense, Government, Growth, ATLAS, Renewable energy, Tourism, Mitsui, Rest

Freedom Space Technologies™ (DBA Freedom Space), a wholly-owned subsidiary of ATLAS Space Operations headquartered in Traverse City, Michigan, is gaining momentum across a number of entities in the government sector of the space industry following its establishment earlier this year.

Key Points: 
  • Freedom Space Technologies™ (DBA Freedom Space), a wholly-owned subsidiary of ATLAS Space Operations headquartered in Traverse City, Michigan, is gaining momentum across a number of entities in the government sector of the space industry following its establishment earlier this year.
  • It is a catalyst for growth to support key government space initiatives,” states ATLAS Space Operations Chief Executive Officer, John Williams.
  • “With focus on targeted missions, Freedom Space enables ATLAS to diversify its offerings further into the government sector.
  • As ATLAS and Freedom Space continue their ambitious trajectory, they remain committed to unlocking unparalleled value for all stakeholders involved.

Corpus Christi Carbon Storage Hub Awarded to World-Class Team Led by Repsol

Retrieved on: 
Tuesday, September 5, 2023
Other Energy, Utilities, Manufacturing, Oil, Gas, Coal, Environmental Health, Alternative Energy, Energy, Environment, Mining, Minerals, Sustainability, Natural Resources, Climate Change, Steel, Carbon, Mitsui, Partnership, Texas General Land Office, O&G, PSF, GLO, Port, Lead, Port of Corpus Christi, POSCO, Information economy, POSCO International, CCS, Permanent School Fund, CO2, Renewable energy, MEPUSA, Repsol

The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.

Key Points: 
  • The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.
  • Equity interests in the partnership will be 40 % Repsol (Operator), 40 % Carbonvert, 10 % MEPUSA and 10 % POSCO.
  • David Ramos, Geological Low Carbon Solutions Director for Repsol said: “Repsol is excited to lead and operate this project that will ultimately add to our strong presence in the country through our O&G operations and Low Carbon projects.
  • Corpus Christi is a strategic region for Repsol pursuing Low Carbon developments where the Port of Corpus Christi plays an essential role for the industry.