Economic development

TMC Commends U.S. Congress on Bill to “Provide Financial, Diplomatic, or Other Forms of Support for Seafloor Nodule Collection, Processing and Refining” and Advancing International Regulations for Seafloor Resources

Retrieved on: 
Wednesday, March 13, 2024

The bill is endorsed by a coalition of leaders across the offshore energy industry, marine mineral exploration, and global research centers.

Key Points: 
  • The bill is endorsed by a coalition of leaders across the offshore energy industry, marine mineral exploration, and global research centers.
  • Additionally, we eagerly await the forthcoming Pentagon report on nodules as directed by the House Armed Services Committee.
  • The Pentagon’s ability and willingness to support a feasibility study for a domestic refinery could help establish mineral independence for the U.S. in nickel, cobalt and manganese.
  • The newly introduced Responsible Use of Seafloor Resources Act aims to ready the United States for the commercial availability of seafloor nodules, an abundant source of critical minerals.

Lightbridge Announces Upcoming Nuclear Events

Retrieved on: 
Wednesday, March 13, 2024

RESTON, Va., March 13, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Lightbridge President and CEO Seth Grae will participate in a series of upcoming nuclear events.

Key Points: 
  • RESTON, Va., March 13, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Lightbridge President and CEO Seth Grae will participate in a series of upcoming nuclear events.
  • IAEA Nuclear Energy Summit 2024, Brussels, Belgium – Thursday, March 21
    World leaders will gather in Brussels at the first ever Nuclear Energy Summit to highlight the role of nuclear energy in addressing the global challenges to reduce the use of fossil fuels, enhance energy security and boost economic development.
  • The conference aims to provide a platform for international experts from vendors, utilities, research laboratories, and universities to exchange ideas and latest developments on a wide spectrum of topics.
  • For more information on the panel, visit: https://www.ans.org/meetings/physor2024/session/view-2379/

Diversified Search Group’s Judith M. von Seldeneck and Aileen K. Alexander Recognized in The Philadelphia Business Journal’s 2024 Power 100 List

Retrieved on: 
Tuesday, March 12, 2024

Philadelphia, PA, March 12, 2024 (GLOBE NEWSWIRE) -- For the second consecutive year, the Philadelphia Business Journal has named Judith “Judee” M. von Seldeneck, Founder and Chair, and Aileen K. Alexander, Chief Executive Officer of Diversified Search Group to its Power 100 list of leaders shaping Greater Philadelphia.

Key Points: 
  • Philadelphia, PA, March 12, 2024 (GLOBE NEWSWIRE) -- For the second consecutive year, the Philadelphia Business Journal has named Judith “Judee” M. von Seldeneck, Founder and Chair, and Aileen K. Alexander, Chief Executive Officer of Diversified Search Group to its Power 100 list of leaders shaping Greater Philadelphia.
  • "Our success is rooted within the Philadelphia region, where our journey began,” von Seldeneck says.
  • “We deeply appreciate the Philadelphia Business Journal’s recognition of our contributions to fostering exemplary leadership and business growth.
  • She was previously named to the Philadelphia Business Journal's 2023 Power 101 list, 2023 Veterans in Business, 2022 Women of Distinction, and 2023-24 Influencers Collection.

New partnership will lead to development of Canadian protein ingredients focused on functionality and taste

Retrieved on: 
Tuesday, March 12, 2024

Prioritizing functionality and taste, Burcon is increasing the value of each hemp and sunflower flour by extracting hemp protein isolate, sunflower protein isolate and sunflower protein concentrate.

Key Points: 
  • Prioritizing functionality and taste, Burcon is increasing the value of each hemp and sunflower flour by extracting hemp protein isolate, sunflower protein isolate and sunflower protein concentrate.
  • These first-in-the-market ingredients will meet the growing needs of food and beverage companies, as they work to provide Canadian consumers with a wide variety of nutritious, sustainable and flavour-neutral protein options.
  • “We are excited to launch new-to-the-world high purity hempseed and sunflower seed protein ingredients that exhibit superior taste, texture, colour and functionality.
  • Projects such as these add value to, and create new markets for, Canadian crops, generating local jobs and supporting new economic development in locations across Canada.

Real Estate Partner Brad Wright Joins Dorsey in Phoenix

Retrieved on: 
Wednesday, April 3, 2024

Brad Wright has joined Dorsey & Whitney LLP in Phoenix as a Partner in the Real Estate group, the law firm announced today.

Key Points: 
  • Brad Wright has joined Dorsey & Whitney LLP in Phoenix as a Partner in the Real Estate group, the law firm announced today.
  • View the full release here: https://www.businesswire.com/news/home/20240403815066/en/
    Brad Wright has joined Dorsey & Whitney LLP in Phoenix as a Partner in the Real Estate group, the law firm announced today.
  • “Brad is another important addition to our team in Phoenix, where we are continuing to add key talent, as demonstrated by the recent additions of Government Solutions & Investigations partner Seth Goertz , Finance & Restructuring partner Kate Moore , Real Estate partner Michael Fritz , and Litigation partner Nicole Stanton .
  • 2024 is off to a great start at Dorsey.”
    “I am thrilled about the opportunity to join Dorsey,” said Brad Wright.

Essential Utilities and Employees Team Up for $800,000 Donation to United Way

Retrieved on: 
Friday, April 5, 2024

Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.
  • View the full release here: https://www.businesswire.com/news/home/20240403781019/en/
    More than 2,000 employees participated in the campaign to support 479 deserving community organizations, including United Way organizations across Essential’s nine-state footprint and many other nonprofits in the United Way network.
  • Aqua and Peoples have partnered with the United Way for more than two decades, donating more than $3.1 million in just the past four years since the companies united under Essential Utilities.
  • The United Way employee giving program allows team members to direct their contributions to causes that are important to them and their local community.

Rockland Powered by 100% Fiber Internet Upon GoNetspeed Network Completion

Retrieved on: 
Tuesday, April 2, 2024

“GoNetspeed has been hard at work ensuring that communities throughout Maine have access to a high-speed internet option,” said Richard Clark, GoNetspeed President & CEO.

Key Points: 
  • “GoNetspeed has been hard at work ensuring that communities throughout Maine have access to a high-speed internet option,” said Richard Clark, GoNetspeed President & CEO.
  • With access to 100% fiber internet through GoNetspeed’s $2.1 million investment in Rockland, the community is powered with faster speeds and better reliability, positioning the community for a successful future online.
  • GoNetspeed is continuing to ensure that more communities throughout Maine have access to high-speed, 100% fiber internet.
  • Many other communities throughout the state are well on their way to having access to GoNetspeed’s fiber internet.

TurningPoint Energy Surpasses $1MM Community Investment Goal and Commits to Reach $3MM by 2026

Retrieved on: 
Tuesday, April 2, 2024

Solar project developer TurningPoint Energy (TPE) is proud to announce that the company has surpassed its goal of $1MM in planned local community investment.

Key Points: 
  • Solar project developer TurningPoint Energy (TPE) is proud to announce that the company has surpassed its goal of $1MM in planned local community investment.
  • TPE is now committing to reach over $3MM in community investment donations by the end of 2026.
  • TurningPoint Energy makes charitable community investments in every community where its projects are located.
  • Over $200,000 in community investment commitments in Delaware, exceeding TPE’s $150,000 target for the state that it announced in August 2022.

Eaton completes first-of-its-kind clean energy project in Puerto Rico to power manufacturing and support the regional power grid

Retrieved on: 
Tuesday, April 2, 2024

The size of the clean energy microgrid system deployed by Eaton and Enel North America is a first in Puerto Rico, substantially reducing the facility’s carbon footprint, boosting energy resilience and bolstering community infrastructure.

Key Points: 
  • The size of the clean energy microgrid system deployed by Eaton and Enel North America is a first in Puerto Rico, substantially reducing the facility’s carbon footprint, boosting energy resilience and bolstering community infrastructure.
  • View the full release here: https://www.businesswire.com/news/home/20240402132902/en/
    Eaton completes first-of-its kind clean energy project in Puerto Rico with Enel North America to strengthen manufacturing with clean, sustainable and resilient power.
  • The project will generate more than half of the facility’s energy needs to help reduce emissions, offset energy costs and ensure resilience during grid outage events.
  • In Puerto Rico and around the world, Eaton is implementing energy efficiency measures and optimizing renewable generation to accelerate a low-carbon future.

Federal Home Loan Bank of Des Moines awards nearly $20 million to support communities through the Member Impact Fund

Retrieved on: 
Tuesday, April 2, 2024

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) joined efforts with 94 financial institution members to provide nearly $20 million to hundreds of non-profit and government organizations.

Key Points: 
  • The Federal Home Loan Bank of Des Moines (FHLB Des Moines) joined efforts with 94 financial institution members to provide nearly $20 million to hundreds of non-profit and government organizations.
  • The Member Impact Fund is one way FHLB Des Moines supports a strong community banking system, which is foundational to a thriving community.
  • The more than 500 grants combining both member institutions and FHLB Des Moines awards range from $10,000 to $5.13 million, bringing the total awarded to more than $26 million.
  • U.S territories: $20,000 was awarded to each U.S. territory
    FHLB Des Moines created the Member Impact Fund in 2023 to provide support and funding to targeted communities within its district.