Infrastructure

VoloConnect: Expanding Volocopter's Coverage of the Urban Air Mobility Ecosystem

Monday, May 17, 2021 - 4:00pm

b'BRUCHSAL, Germanyand MUNICH, May 17, 2021 /PRNewswire/ -- Today, Volocopter, the pioneer of urban air mobility (UAM), unveiled its newest aircraft, VoloConnect , at EBACE Connect .

Key Points: 
  • b'BRUCHSAL, Germanyand MUNICH, May 17, 2021 /PRNewswire/ -- Today, Volocopter, the pioneer of urban air mobility (UAM), unveiled its newest aircraft, VoloConnect , at EBACE Connect .
  • "\nVolocopter takes a holistic approach to UAM by developing a full ecosystem that connects the necessary components to offer electric flight in cities.
  • This ecosystem includes partnerships with global leaders such as Aroports de Paris, Microsoft Azure, Lufthansa Industry Solutions, and many more.
  • The compact aircraft layout, necessary for urban missions, is naturally stable and highly efficient during forward flight while maintaining a low stall speed.

SkySpecs acquires two European wind energy technology companies: Fincovi and Vertikal AI

Monday, May 17, 2021 - 5:01am

b'ANN ARBOR, Mich., May 17, 2021 /PRNewswire/ -- SkySpecs , a global leader in wind energy technology, has acquired two of Europe\'s premier wind energy companies: Fincovi , a leader in financial asset management, and Vertikal AI , a pioneer inpredictive maintenance for wind energy.

Key Points: 
  • b'ANN ARBOR, Mich., May 17, 2021 /PRNewswire/ -- SkySpecs , a global leader in wind energy technology, has acquired two of Europe\'s premier wind energy companies: Fincovi , a leader in financial asset management, and Vertikal AI , a pioneer inpredictive maintenance for wind energy.
  • Collectively, we will help wind farm owners and operators to best invest in, maintain, and manage the world\'s top-performing wind assets.
  • "\n"We use data analytics and applied AI to optimize the real-time health of wind turbines," said Allan Larsen, CEO of Vertikal AI.
  • SkySpecs\' suite of solutions leads to lower operational costs and higher returns on wind assets, supporting the performance of the top wind producers in the world.

SkySpecs acquires two European wind energy technology companies: Fincovi and Vertikal AI

Monday, May 17, 2021 - 5:01am

b'ANN ARBOR, Mich., May 17, 2021 /PRNewswire/ -- SkySpecs , a global leader in wind energy technology, has acquired two of Europe\'s premier wind energy companies: Fincovi , a leader in financial asset management, and Vertikal AI , a pioneer inpredictive maintenance for wind energy.

Key Points: 
  • b'ANN ARBOR, Mich., May 17, 2021 /PRNewswire/ -- SkySpecs , a global leader in wind energy technology, has acquired two of Europe\'s premier wind energy companies: Fincovi , a leader in financial asset management, and Vertikal AI , a pioneer inpredictive maintenance for wind energy.
  • Collectively, we will help wind farm owners and operators to best invest in, maintain, and manage the world\'s top-performing wind assets.
  • "\n"We use data analytics and applied AI to optimize the real-time health of wind turbines," said Allan Larsen, CEO of Vertikal AI.
  • SkySpecs\' suite of solutions leads to lower operational costs and higher returns on wind assets, supporting the performance of the top wind producers in the world.

Phoenix Tower International Closes Multi-Jurisdiction HoldCo Financing Facility with CDPQ and AMP Capital to Support Further International Growth

Friday, May 14, 2021 - 2:00pm

b'BOCA RATON, Fla., May 14, 2021 /PRNewswire/ -- Phoenix Tower International (PTI), a leading wireless communications infrastructure provider, today announced it has closed a HoldCo financing facility to continue its international expansion.

Key Points: 
  • b'BOCA RATON, Fla., May 14, 2021 /PRNewswire/ -- Phoenix Tower International (PTI), a leading wireless communications infrastructure provider, today announced it has closed a HoldCo financing facility to continue its international expansion.
  • "\n"PTI is one of the leading global owners and operators of tower infrastructure, and AMP Capital is pleased to have collaborated with PTI and CDPQ to implement a highly bespoke financing to support their growth ambitions," said Patrick Trears, Global Head of Infrastructure Debt at AMP Capital.
  • AMP Capital is owned by AMP Limited, which was established in 1849, and is one of Australia\'s largest retail and corporate pension providers.\n1As at 31 December 2020.
  • This includes cash and liquidity of such funds in addition to any committed but undrawn capital.\n2 Derived from the 2020 Infrastructure Investor 50.

Houston Needs More Than a Week for Infrastructure

Thursday, May 13, 2021 - 9:53pm

b'Each May, we celebrate National Infrastructure Week to advocate for better roads, bridges, rail, waterways, water supply, flood control, aviation, and of course, our Port.

Key Points: 
  • b'Each May, we celebrate National Infrastructure Week to advocate for better roads, bridges, rail, waterways, water supply, flood control, aviation, and of course, our Port.
  • Infrastructure needs more than a week of focus, however.
  • Partnering with the Army Corps of Engineers, a new path is being struck for widening and deepening the Houston Ship Channel.
  • And while we make investments in the local share of the ship channel, we are fortunate to receive INFRA and Port Infrastructure grants to augment the cash needs.

OPSWAT Appoints Distinguished Critical Infrastructure Industry Veterans to Board of Directors

Thursday, May 13, 2021 - 12:00pm

"We\'ve made incredible strides over the last two decades building products and solutions that protect our customers from malware and zero-day attacks.

Key Points: 
  • "We\'ve made incredible strides over the last two decades building products and solutions that protect our customers from malware and zero-day attacks.
  • Each board member brings a diverse set of achievements and specialties, and each shares a common focus to help us support our mission to protect the world\'s critical infrastructure.
  • To minimize the risk of compromise, OPSWAT Critical Infrastructure Protection solutions enable both public and private organizations to implement processes that ensure the secure transfer of files and devices to and from critical networks.
  • For more information on OPSWAT, visit www.opswat.com .\nView original content to download multimedia: http://www.prnewswire.com/news-releases/opswat-appoints-distinguished-cr...\n'

Björnberget wind farm, held by Enlight Renewable Energy and Prime Green Energy Infrastructure Fund, reached financial close

Thursday, May 13, 2021 - 7:29am

We would like to thank KFW, DekaBank and SEK, three of the leading European lenders, for expressing confidence in the project and our partnership with Prime Green Energy Infrastructure Fund.

Key Points: 
  • We would like to thank KFW, DekaBank and SEK, three of the leading European lenders, for expressing confidence in the project and our partnership with Prime Green Energy Infrastructure Fund.
  • "\n"The closing of the debt financing for Project Bjrnberget, which is the seed asset of the Prime Green Energy Infrastructure Fund, represents the final major commercialization milestone of the project.
  • "This investment by our clients Enlight Renewable Energy and Prime Green Energy Infrastructure Fund plays a major role in expanding renewable energy generation in Sweden and thus contributes to further decarbonising the regional economy.
  • With 98% of its shares held by the public, Enlight is a leading company in the development, financing, construction, and operations of renewable energy generation projects.

Björnberget wind farm, held by Enlight Renewable Energy and Prime Green Energy Infrastructure Fund, reached financial close

Thursday, May 13, 2021 - 7:26am

We would like to thank KFW, DekaBank and SEK, three of the leading European lenders, for expressing confidence in the project and our partnership with Prime Green Energy Infrastructure Fund.

Key Points: 
  • We would like to thank KFW, DekaBank and SEK, three of the leading European lenders, for expressing confidence in the project and our partnership with Prime Green Energy Infrastructure Fund.
  • "\n"The closing of the debt financing for Project Bjrnberget, which is the seed asset of the Prime Green Energy Infrastructure Fund, represents the final major commercialization milestone of the project.
  • "This investment by our clients Enlight Renewable Energy and Prime Green Energy Infrastructure Fund plays a major role in expanding renewable energy generation in Sweden and thus contributes to further decarbonising the regional economy.
  • With 98% of its shares held by the public, Enlight is a leading company in the development, financing, construction, and operations of renewable energy generation projects.

NV5 Announces Strong First Quarter Results; Delivers Record Cash Flows and Issues Full-Year 2021 Guidance Exceeding Analyst Consensus

Wednesday, May 12, 2021 - 9:01pm

These positive results were accomplished despite weather-related project delays that significantly postponed projects in the quarter.

Key Points: 
  • These positive results were accomplished despite weather-related project delays that significantly postponed projects in the quarter.
  • The COVID-19 pandemic also limited revenue generation for some of our services.
  • Demand for our utility, infrastructure, and public sector services continues to be strong, driving a 5% increase in our backlog for the quarter.
  • As we continue our acquisition strategy, the growth in Adjusted EPS may increase at a greater rate than GAAP EPS.

Pennsylvania American Water Supports United for Infrastructure Week 2021 with Unveiling of Online Interactive Upgrade Map

Wednesday, May 12, 2021 - 3:00pm

b"This week, to shine a spotlight on the nation\xe2\x80\x99s critical need for investment in its water and wastewater systems, Pennsylvania American Water is unveiling its 2021 infrastructure upgrade map in collaboration with United for Infrastructure 2021: A Week to Champion America\xe2\x80\x99s Infrastructure.\nThis press release features multimedia.

Key Points: 
  • b"This week, to shine a spotlight on the nation\xe2\x80\x99s critical need for investment in its water and wastewater systems, Pennsylvania American Water is unveiling its 2021 infrastructure upgrade map in collaboration with United for Infrastructure 2021: A Week to Champion America\xe2\x80\x99s Infrastructure.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210512005604/en/\nView Pennsylvania American Water's water main replacement projects planned across the Commonwealth in 2021 through this interactive online map at https://bit.ly/3fbvgbR.
  • \xe2\x80\x9cThis is an opportunity to reinforce our role as a champion of reinvestment.\xe2\x80\x9d\nThe company\xe2\x80\x99s 2021 web-based infrastructure map is accessible from any computer or mobile device by visiting Pennsylvania American Water\xe2\x80\x99s website, pennsylvaniaamwater.com and clicking on Infrastructure Upgrade Map .
  • Pennsylvania American Water is on pace to invest $380 million in infrastructure improvements statewide this year, including these pipe projects,\xe2\x80\x9d Doran continued.