RHODE ISLAND

Ørsted Proposes New Rhode Island Offshore Wind Farm to Power Ocean State’s Blue Economy and Clean Energy Future

Retrieved on: 
Wednesday, March 27, 2024

Ørsted’s proposed 1,184-megawatt (MW) Starboard Wind project would deliver clean and reliable offshore wind energy at stable and affordable pricing for Rhode Island homeowners and businesses for decades.

Key Points: 
  • Ørsted’s proposed 1,184-megawatt (MW) Starboard Wind project would deliver clean and reliable offshore wind energy at stable and affordable pricing for Rhode Island homeowners and businesses for decades.
  • Ørsted and Eversource are currently constructing Revolution Wind, Rhode Island’s first utility-scale offshore wind farm.
  • Revolution Wind will deliver 400 megawatts of clean, affordable offshore wind power to nearly 200,000 Rhode Island homes.
  • Invested $1 million to establish a training partnership with the Community College of Rhode Island, the Rhode Island Department of Labor and Training, Rhode Island Commerce, the Rhode Island Building and Construction Trades Council and Building Futures.

Citizens Announces $2.4M in Financial Empowerment Grants to Support 137 Nonprofits

Retrieved on: 
Wednesday, March 27, 2024

Citizens today announced $2.4 million in financial empowerment grants to support 137 nonprofit organizations, including $415,000 to Junior Achievement as part of the bank’s Citizens Helping Citizens Manage Money program.

Key Points: 
  • Citizens today announced $2.4 million in financial empowerment grants to support 137 nonprofit organizations, including $415,000 to Junior Achievement as part of the bank’s Citizens Helping Citizens Manage Money program.
  • The bank also announced the results of a teen financial wellness survey, published in partnership with Junior Achievement, that demonstrates the need for expanded financial literacy programs.
  • “We are grateful for Citizens leadership in helping promote financial empowerment programs to support the mental and financial health of today’s youth.”
    Citizens Helping Citizens Manage Money is the bank’s financial empowerment program dedicated to providing funding and volunteerism to support programs that give people the confidence and tools they need to budget, save, invest, and pursue their goals.
  • Throughout the year, Citizens colleagues share their time and talents to deliver financial education training to support grant recipients programming.

Ørsted Proposes New Connecticut Offshore Wind Farm to Power State’s Clean Energy Future, Drive Job Creation

Retrieved on: 
Wednesday, March 27, 2024

Connecticut’s offshore wind leader Ørsted today announced submission of its proposed project, Starboard Wind, to the Department of Energy and Environmental Protection.

Key Points: 
  • Connecticut’s offshore wind leader Ørsted today announced submission of its proposed project, Starboard Wind, to the Department of Energy and Environmental Protection.
  • Ørsted’s proposed 1,184-megawatt (MW) Starboard Wind project would deliver clean and reliable offshore wind power to Connecticut at stable and predictable pricing for decades.
  • Ørsted and Eversource are currently building Revolution Wind, Connecticut’s first offshore wind farm, marshaling the project out of State Pier.
  • Revolution Wind will deliver 304 MW of clean, affordable offshore wind power to Connecticut and another 400 MW to Rhode Island, powering more than 350,000 New England homes.

Santander Names Swati Bhatia Head of Retail Banking and Transformation

Retrieved on: 
Wednesday, March 27, 2024

(“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.

Key Points: 
  • (“Santander Bank” or “the Bank”) announced today that Swati Bhatia has joined as head of Retail Banking and Transformation, effective immediately.
  • Bhatia reports to Tim Wennes, Santander Bank CEO and Santander US country head, and to Daniel Barriuso, global head of Retail and Commercial Banking and Group Transformation.
  • “Santander is a respected and innovative global banking leader, and I am excited to be joining the Retail Bank business at this pivotal moment of transformation and growth.
  • Santander’s globally connected technology platforms and depth of digital expertise provides a competitive advantage and positions the business for profitable growth in the U.S. market,” said Swati Bhatia, head of Retail Banking and Transformation in the U.S.

Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation

Retrieved on: 
Wednesday, March 27, 2024

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.
  • Avangrid submitted a bid for New England Wind 1, a second bid for New England Wind 1 and 2 combined, and additional bids for single-state procurements in Massachusetts, Connecticut, and Rhode Island.
  • “In powering up the first-in-the-nation Vineyard Wind 1 project, Avangrid proved that American offshore wind is possible.
  • New England Wind 1 will create more than 4,400 full-time equivalent jobs, and bring $3 billion of direct investment to the region.

Corvias Military Housing Advances Enhanced Quality Assurance and Quality Control Program

Retrieved on: 
Tuesday, March 26, 2024

Corvias tailored its Quality Assurance/Quality Control (QA/QC) program to provide a comprehensive framework for enhancing living conditions and improving resident satisfaction.

Key Points: 
  • Corvias tailored its Quality Assurance/Quality Control (QA/QC) program to provide a comprehensive framework for enhancing living conditions and improving resident satisfaction.
  • (Photo: Business Wire)
    Led by Melissa Bryson, regional vice president of compliance and quality control, the program focuses on developing, implementing, and monitoring standard operating procedures across Corvias' Department of Defense privatized military housing portfolio.
  • To align with the GAO report’s recommendations and Army requirements, Bryson explains, “Corvias developed a robust and thorough QA/QC program.
  • Working with private-sector Military Housing Privatization Initiative (MHPI) companies – including Corvias - to accelerate project investment to renovate or construct new housing units and upgrade existing privatized housing.

Acrisure Unveils New England Region as North America Rebrand Nears Completion

Retrieved on: 
Monday, March 25, 2024

Acrisure announced the formation of its New England Region, encompassing its businesses in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.

Key Points: 
  • Acrisure announced the formation of its New England Region, encompassing its businesses in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.
  • Acrisure serves millions of clients around the world with an array of financial services solutions.
  • Acrisure Partner Paul Plunkett will serve as Managing Partner of the New England Region.
  • I am excited to get the ball rolling under the Acrisure brand to best support the broad needs of our clients.”

Textron to Release First Quarter Results on April 25, 2024

Retrieved on: 
Monday, March 25, 2024

Textron Inc. (NYSE: TXT) will release its first quarter 2024 financial results on Thursday morning, April 25, 2024.

Key Points: 
  • Textron Inc. (NYSE: TXT) will release its first quarter 2024 financial results on Thursday morning, April 25, 2024.
  • Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company’s outlook.
  • The call will be available via webcast at www.textron.com or by direct dial at (844) 867-6169 in the U.S. or (409) 207-6975 outside of the U.S.; Access Code: 7481533.
  • In addition, the call will be recorded and available for playback beginning at 11:00 a.m. (Eastern) on Thursday, April 25, 2024 by dialing (402) 970-0847; Access Code: 8546032.

Hasbro Announces Changes to Board of Directors

Retrieved on: 
Monday, March 25, 2024

“We are thrilled to have Frank, Darin, and Owen join our accomplished and diverse Board of Directors,” said Rich Stoddart, Chair of Hasbro’s Board of Directors.

Key Points: 
  • “We are thrilled to have Frank, Darin, and Owen join our accomplished and diverse Board of Directors,” said Rich Stoddart, Chair of Hasbro’s Board of Directors.
  • Each of them will add tremendous value and unique perspective to our Board.
  • Alan will continue to be actively engaged with Hasbro helping to guide the company’s charitable efforts, in addition to his many other philanthropic pursuits.
  • That won’t change and I’m excited to support Hasbro in my next chapter.”

Independent Bank Corp. Announces 4% Increase in Quarterly Dividend

Retrieved on: 
Thursday, March 21, 2024

The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.57 per share dividend, representing a $0.02 increase from the prior quarter.

Key Points: 
  • The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.57 per share dividend, representing a $0.02 increase from the prior quarter.
  • The dividend will be payable on April 5, 2024, to stockholders of record as of the close of business on April 1, 2024.
  • “The 4% increase in our dividend is a reflection of the Company’s strong capital and long term value creation for our shareholders,” stated Jeffrey Tengel, Chief Executive Officer of Independent Bank Corp.
  • Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts.