Bloomberg L.P.

Mastery Schools, Children's Hospital of Philadelphia Announce Innovative Healthcare High School to Address Local Healthcare Workforce Shortages with Support from Bloomberg Philanthropies

Retrieved on: 
Friday, April 5, 2024

PHILADELPHIA, April 5, 2024 /PRNewswire/ -- Children's Hospital of Philadelphia (CHOP) and Mastery Schools announced today an unprecedented partnership to design a high school that will help prepare students for well-paying careers in healthcare and address local education and healthcare talent needs. Through this initiative from Bloomberg Philanthropies, Mastery Hardy Williams High School will be revamped to fully integrate healthcare career knowledge and job-training with a high-quality, well-rounded high school experience for students in Philadelphia, graduating students directly into high-demand healthcare jobs at CHOP with family-sustaining wages.

Key Points: 
  • Through this initiative from Bloomberg Philanthropies , Mastery Hardy Williams High School will be revamped to fully integrate healthcare career knowledge and job-training with a high-quality, well-rounded high school experience for students in Philadelphia, graduating students directly into high-demand healthcare jobs at CHOP with family-sustaining wages.
  • "By combining classroom learning with hands-on experience, these specialized health-care high schools will prepare students for careers with opportunities for growth and advancement.
  • Despite inflation, the labor market remains incredibly competitive, with shortages in every area from direct patient care to healthcare operations to administration.
  • Bloomberg Philanthropies' investment will support school start-up costs including personnel needs, classroom and lab renovations, and other work-based learning requirements.

Gannett Announces Nomination of Independent Candidate to Board of Directors

Retrieved on: 
Friday, March 29, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that its Board of Directors has nominated Maha Al-Emam , a former advisor for Warner Bros.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that its Board of Directors has nominated Maha Al-Emam , a former advisor for Warner Bros.
  • If elected, Ms. Al-Emam will join the Board of Directors as of such date.
  • In addition, Maria M. Miller will not stand for re-election at Gannett's 2024 Annual Meeting of Stockholders.
  • View the full release here: https://www.businesswire.com/news/home/20240329194029/en/
    “We are pleased to announce Maha’s nomination and excited at the prospect of welcoming her to the Board,” said Michael Reed, Chairman and Chief Executive Officer of Gannett.

Lithium Royalty Corp. Reports Q4 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points: 
  • Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
  • Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
  • LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
  • SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

KKR Invests in Avantus to Support Renewable Energy Deployment in the United States

Retrieved on: 
Wednesday, March 20, 2024

Following the close of the transaction, KKR and existing investor EIG, a leading institutional investor in the global energy and infrastructure sectors, will be the sole equity investors in Avantus.

Key Points: 
  • Following the close of the transaction, KKR and existing investor EIG, a leading institutional investor in the global energy and infrastructure sectors, will be the sole equity investors in Avantus.
  • Avantus is poised to benefit from material secular tailwinds supporting renewables development in the United States.
  • Together, investment in renewable energy and power grids is expected to continue to draw the largest share of energy transition spending.1
    “To support an economy-wide energy transition, there is a need to significantly expand renewable energy generation by 2050 and enable grid electrification.
  • “KKR’s investment provides Avantus the financial backing and expertise to execute on our ambitious portfolio and lead the energy transition across the Western United States.

Radia to Provide Low-Cost Clean Energy with the World’s Biggest Wind Turbines Enabled by the World’s Largest Aircraft

Retrieved on: 
Monday, March 18, 2024

Radia, founded in 2016, publicly launched today with plans to meet this challenge by designing, building and operating the world’s largest aircraft.

Key Points: 
  • Radia, founded in 2016, publicly launched today with plans to meet this challenge by designing, building and operating the world’s largest aircraft.
  • This unique aircraft will enable the deployment of the largest and best-performing wind turbines of the present and future to locations currently inaccessible to wind energy at a scale and speed that was previously impossible.
  • Radia’s aircraft, called WindRunner™, will be able to fly large turbine blades and other components directly to wind farm sites.
  • In addition, Radia will lead onshore wind energy expansion in partnership with industry leaders, and work with development partners to create new onshore wind farms.

Bloomberg Introduces Government Climate Tilted Bond Indices

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 4, 2024 /PRNewswire/ -- Bloomberg today announced the launch of the Bloomberg Government Climate Tilted Bond Indices, a new benchmark family for government bond investors seeking exposure to the transition to a low-carbon economy. The indices provide investors with exposure to Bloomberg's flagship fixed income benchmarks with an enhanced focus on countries incorporating climate transition objectives. 

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- Bloomberg today announced the launch of the Bloomberg Government Climate Tilted Bond Indices , a new benchmark family for government bond investors seeking exposure to the transition to a low-carbon economy.
  • The indices adjust country weights in Bloomberg Treasury and Sovereign indices based on Bloomberg Government Climate Scores (GOVS), which assess a government's relative preparedness in the transition to a low-carbon world using transparent, data-driven indicators.
  • "The newly launched Bloomberg Government Climate Tilted Bond Indices are designed to consider not only a country's progress against its climate ambitions, but also forward-looking measures of outlook, including investment in renewable energy capacity," said Chris Hackel, Head of Sustainable Indices, Bloomberg Index Services Limited.
  • The Bloomberg Government Climate Tilted Bond Indices include the following 14 indices at launch:
    As with all Bloomberg Indices, the Government Climate Tilted Bond Indices are available for benchmarking, asset allocation and product creation purposes.

Envision Energy Takes Top Spot in Global Wind Turbine Orders by Success in International Markets

Retrieved on: 
Monday, April 1, 2024

SHANGHAI, April 1, 2024 /PRNewswire/ -- Leading energy consultancy Wood Mackenzie recently released a report on "Global Wind Turbine Order Analysis: Q1 2024". Envision Energy emerged as the frontrunner with 22 GW of order intake the fiscal year 2023 thanks to its achievements in international markets, holding a significant lead over its competitors. Additionally, Envision Energy ranks second with 15.4GW of newly installed capacity in 2023 in BloombergNEF's latest global wind turbine rankings. These remarkable accomplishments solidify Envision Energy's position as the worldwide leader in wind energy market and in the broader renewable energy industry.

Key Points: 
  • According to the leading energy consultancy Wood Mackenzie, Envision Energy secures top spot with record-breaking 22GW wind turbine orders in FY 2023, outperforming all OEMs.
  • SHANGHAI, April 1, 2024 /PRNewswire/ -- Leading energy consultancy Wood Mackenzie recently released a report on "Global Wind Turbine Order Analysis: Q1 2024".
  • Additionally, Envision Energy ranks second with 15.4GW of newly installed capacity in 2023 in BloombergNEF's latest global wind turbine rankings.
  • Said Kane Xu, Global VP of Envision Energy, "As a 'Wind Explorer', Envision Energy will consistently leverage our cutting-edge industry expertise to allow access to low-carbon, affordable and stable green energy for all nations and regions, thereby driving the global energy transition."

Envision Energy Takes Top Spot in Global Wind Turbine Orders by Success in International Markets

Retrieved on: 
Monday, April 1, 2024

SHANGHAI, April 1, 2024 /PRNewswire/ -- Leading energy consultancy Wood Mackenzie recently released a report on "Global Wind Turbine Order Analysis: Q1 2024". Envision Energy emerged as the frontrunner with 22 GW of order intake the fiscal year 2023 thanks to its achievements in international markets, holding a significant lead over its competitors. Additionally, Envision Energy ranks second with 15.4GW of newly installed capacity in 2023 in BloombergNEF's latest global wind turbine rankings. These remarkable accomplishments solidify Envision Energy's position as the worldwide leader in wind energy market and in the broader renewable energy industry.

Key Points: 
  • According to the leading energy consultancy Wood Mackenzie, Envision Energy secures top spot with record-breaking 22GW wind turbine orders in FY 2023, outperforming all OEMs.
  • SHANGHAI, April 1, 2024 /PRNewswire/ -- Leading energy consultancy Wood Mackenzie recently released a report on "Global Wind Turbine Order Analysis: Q1 2024".
  • Additionally, Envision Energy ranks second with 15.4GW of newly installed capacity in 2023 in BloombergNEF's latest global wind turbine rankings.
  • Said Kane Xu, Global VP of Envision Energy, "As a 'Wind Explorer', Envision Energy will consistently leverage our cutting-edge industry expertise to allow access to low-carbon, affordable and stable green energy for all nations and regions, thereby driving the global energy transition."

UNDER ARMOUR ANNOUNCES LEADERSHIP TRANSITION

Retrieved on: 
Wednesday, March 13, 2024

BALTIMORE, March 13, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that Kevin Plank will become President & Chief Executive Officer, effective April 1, 2024. Plank will succeed Stephanie Linnartz, who will be stepping down as President & Chief Executive Officer and member of the Board. In connection with Plank's appointment, Dr. Mohamed A. El-Erian, an independent director since 2018 and Lead Director since 2020, will become the non-executive Chair of the Board. Plank, who will transition from Executive Chair of the Board, will remain a director. Linnartz will remain an advisor to the company through April 30, 2024.

Key Points: 
  • Plank, who will transition from Executive Chair of the Board, will remain a director.
  • "On behalf of the full team, I want to thank Stephanie for her contributions to Under Armour.
  • "During her tenure, she strengthened the leadership team with executive hires in critical areas, including product, design, supply chain, consumer connectivity, and regional management.
  • Plank founded Under Armour in 1996, and since then, he has been the driving force behind its innovative products and brand.

MethaneSAT Now in Orbit after SpaceX Launches Groundbreaking Mission to Protect the Climate

Retrieved on: 
Tuesday, March 5, 2024

Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.

Key Points: 
  • Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.
  • The groundbreaking satellite is designed to help protect the Earth’s climate by accelerating reductions of a powerful greenhouse pollutant, focusing first on oil and gas operations, a major source of methane.
  • MethaneSAT will show us the full scope of the opportunity by tracking emissions to their source.”
    Krupp announced MethaneSAT in a 2018 TED Talk as part of the TED Audacious Project .
  • MethaneSAT was made possible entirely by the support of EDF donors and our partnership with the Government of New Zealand .