BNP Paribas

Increasing Production of EV Manufacturing Globally Positively Influencing Growth of Lithium Market

Retrieved on: 
Thursday, January 18, 2024
Lithium, Well, Dorado, Technische Universität Darmstadt, Ministry of home affairs, EVS, Government, LANXESS, Alberta Innovates, Carbon, Growth, Sand, Mining, SLI, DLE, Transport, PALM, Citigroup, ICE, Gold, Investment, Acquisition, Porosity, OTCQX, Update, Partnership, Electronics, Salar del Hombre Muerto, OTCQB, News, BNP Paribas, USD, PEA, Tablet

Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to market growth.

Key Points: 
  • Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to market growth.
  • The Grand View Research report added: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.
  • The lithium market is at a high stage of growth, with an accelerated pace.

EnfraGen Awarded Acquisition Deal of the Year by Project Finance International

Retrieved on: 
Monday, January 29, 2024
Environment, Finance, Other Energy, Utilities, Professional Services, Alternative Energy, Sustainability, Green Technology, Energy, General counsel, Wind, JPMorgan Chase, Partner, Partners Group, Société Générale, Scotiabank, SMBC, Acquisition, Intesa Sanpaolo, BNP Paribas, MUFG, Growth, Renewable energy

EnfraGen, LLC (“EnfraGen”) and its joint venture owners, Glenfarne Energy Transition, LLC (“Glenfarne”) and Partners Group, on behalf of its clients, today announced that its acquisition of 188-megawatts (“MW”) of renewable power from Celsia S.A. (symbol: CELSIA), was awarded the “Acquisition Deal of the Year” for the Americas by Project Finance International (“PFI”).

Key Points: 
  • EnfraGen, LLC (“EnfraGen”) and its joint venture owners, Glenfarne Energy Transition, LLC (“Glenfarne”) and Partners Group, on behalf of its clients, today announced that its acquisition of 188-megawatts (“MW”) of renewable power from Celsia S.A. (symbol: CELSIA), was awarded the “Acquisition Deal of the Year” for the Americas by Project Finance International (“PFI”).
  • “This award is a tribute to the EnfraGen team’s incredible determination, talent and expertise,” said Bryan Murphy, President and General Counsel of EnfraGen and Head of Power and General Counsel for Glenfarne Energy Transition.
  • The acquisition also incorporates the first wind and Costa Rican asset into EnfraGen’s portfolio.
  • As part of the refinancing EnfraGen drew approximately $300 MM of previously unused commitments.

Arteria AI Expands In Europe With Senior Hire From BNY Mellon

Retrieved on: 
Monday, January 22, 2024
Professional Services, Technology, Software, Fintech, Artificial Intelligence, Banking, Entrepreneurship, BNY Mellon, Bank, Insurance, Documentation, Policy, IBM, Business development, CB Insights, Goldman Sachs, State Street, BNP Paribas, Growth

Continuing its impressive growth, award-winning leader in enterprise documentation infrastructure, Arteria AI , announced that senior banker, Kay Hayre, has joined the company as its latest Strategic Account Director.

Key Points: 
  • Continuing its impressive growth, award-winning leader in enterprise documentation infrastructure, Arteria AI , announced that senior banker, Kay Hayre, has joined the company as its latest Strategic Account Director.
  • Hayre joins Arteria AI from Bank of New York Mellon, where she was a Senior Director, and Head of Business Development for UK and Ireland in the Asset Servicing and Digital Division.
  • Hayre led business development initiatives across UK/Europe, primarily focused on asset managers, banks, broker dealers, insurance and asset owners.
  • As well as a 2023 Finovate Awards Winner , Arteria AI was identified by Gartner as one of three companies in its recently released “ Cool Vendors in Applying Generative AI to Banking ” report.

Aristotle Pacific Capital Further Expands Investment Team

Retrieved on: 
Wednesday, January 17, 2024
Finance, Data Analytics, Banking, Professional Services, Asset Management, Emerging market, Credit analyst, Multimedia, CFA, Berea College, PIMCO, University, Metal, MBA, Investment, Jadavpur University, Master of Quantitative Finance, BNP Paribas, Car, Mathematics, Management, Security (finance)

Aristotle Pacific Capital, LLC (“Aristotle Pacific”), a leader in liquid credit investments, announced the further expansion of its investment team with the appointment of two seasoned investment professionals.

Key Points: 
  • Aristotle Pacific Capital, LLC (“Aristotle Pacific”), a leader in liquid credit investments, announced the further expansion of its investment team with the appointment of two seasoned investment professionals.
  • Norvruz (Novi) Bashirov joined Aristotle Pacific as Managing Director, Portfolio Manager & Senior Research Analyst and Partha Bose, CFA, joined as a Senior Research Analyst.
  • View the full release here: https://www.businesswire.com/news/home/20240117064412/en/
    “Given the current opportunities in the corporate credit landscape and wide demand for our strategies, expanding our investment team with seasoned professionals broadens our ability to provide more value to our clients,” said Dominic Nolan, Chief Executive Officer of Aristotle Pacific.
  • Prior to joining Rimrock Capital, he co-managed funds at Barings’ Emerging Markets Corporate Group and managed Emerging Markets portfolios at PIMCO.

BNP Paribas, Merrill Lynch and MSCI former executive joins fintech Premialab

Retrieved on: 
Tuesday, January 23, 2024
Insurance, Standard Chartered, Lehman Brothers, Head, HSBC, Société Générale, Business development, Deutsche Bank, ENSAE, Index, BNP Paribas, Goldman Sachs, USD, École polytechnique, Citibank, MSCI, AUM, Appetite, Pension, Security (finance)

LONDON and DUBAI, UAE, Jan. 23, 2024 /PRNewswire/ --  Premialab announces the appointment of Philippe Jacson as Head of Business Development in Asia & Middle East. Based in Dubai, Mr. Jacson will lead the business development in this key market segment. Before joining Premialab, Mr. Jacson served a wide range of institutional clients investment banking leadership roles including MSCI, Merril Lynch, and BNP Paribas.

Key Points: 
  • Based in Dubai, Mr. Jacson will lead the business development in this key market segment.
  • Before joining Premialab, Mr. Jacson served a wide range of institutional clients investment banking leadership roles including MSCI, Merril Lynch, and BNP Paribas.
  • Mr. Jacson has over 20 years' experience in equity derivatives and index investment solutions.
  • Mr. Jacson holds an enginereing degree from Ecole Polytechnique and ENSAE in Paris.

H2 Green Steel raises more than €4 billion in debt financing for the world's first large-scale green steel plant

Retrieved on: 
Monday, January 22, 2024
UniCredit, CO2, KfW, ING, AIP, Euler Hermes, Environment, Electricity, Documentation, European Commission, Siemens Financial Services, Société Générale, United States free-trade agreements, Swedish National Debt Office, Climate, Investment, Steelmaking, BNP Paribas, Steel, BofA Securities, European Investment Bank, KfW IPEX-Bank

STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.

Key Points: 
  • STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.
  • H2 Green Steel has now secured funding of close to €6.5 billion for the world's first large-scale green steel plant in Northern Sweden.
  • The construction of the flagship green steel plant in Boden, with integrated green hydrogen and green iron production, is well under way.
  • "H2 Green Steel is an excellent example of the kind of breakthrough projects that the EU Innovation Fund is supporting.

H2 Green Steel raises more than €4 billion in debt financing for the world's first large-scale green steel plant

Retrieved on: 
Monday, January 22, 2024
UniCredit, CO2, KfW, ING, AIP, Euler Hermes, Environment, Electricity, Documentation, European Commission, Siemens Financial Services, Société Générale, United States free-trade agreements, Swedish National Debt Office, Climate, Investment, Steelmaking, BNP Paribas, Steel, BofA Securities, European Investment Bank, KfW IPEX-Bank

STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.

Key Points: 
  • STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.
  • H2 Green Steel has now secured funding of close to €6.5 billion for the world's first large-scale green steel plant in Northern Sweden.
  • The construction of the flagship green steel plant in Boden, with integrated green hydrogen and green iron production, is well under way.
  • "H2 Green Steel is an excellent example of the kind of breakthrough projects that the EU Innovation Fund is supporting.

BNP Paribas Digital Transformation Strategy Analysis Report 2023: Innovation Programs, Technology Initiatives, Estimated ICT Budget, and Major ICT Contracts

Retrieved on: 
Thursday, January 18, 2024
Artificial intelligence, WAI, Fintech, Insurance, BNP, Innovation, Ecosystem, BNP Paribas, ICT, Acquisition, Security (finance)

DUBLIN, Jan. 18, 2024 /PRNewswire/ -- The "BNP Paribas - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 18, 2024 /PRNewswire/ -- The "BNP Paribas - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insight into BNP Paribas' digital activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • BNP Paribas International Financial Services (IFS) launched startup studio IFS.alpha to create new products and increase innovation across BNP.
  • In 2020, BNP Paribas launched TechUp by BNP Paribas - a program dedicated to fintech, insurtech, and regtech startups.

Ares Capital Corporation Prices Public Offering of $1.00 Billion 5.875% Unsecured Notes Due 2029

Retrieved on: 
Tuesday, January 16, 2024
Professional Services, Finance, Madison Avenue, ATTN:, RBC Capital Markets, Ares Management, Prospectus, CIBC, BofA Securities, Sale, Market, Goldman Sachs, BNP Paribas, Ares, J.P. Morgan & Co., Wells Fargo, MUFG, Security (finance)

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $1.00 billion in aggregate principal amount of 5.875% notes due 2029.

Key Points: 
  • Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $1.00 billion in aggregate principal amount of 5.875% notes due 2029.
  • BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC, Santander US Capital Markets LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering.
  • Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities.
  • Investors are advised to carefully consider the investment objective, risks, charges and expenses of Ares Capital before investing.

Valérie Urbain to succeed Lieve Mostrey as CEO of Euroclear

Retrieved on: 
Monday, January 15, 2024
Executive Committee, National Securities Depository Limited, ICSD, Mass meeting, Knowledge, Rural sociology, Lieve, BNP Paribas, Growth, Security (finance)

Lieve Mostrey has been leading Euroclear as Group CEO since January 2017 and, in July 2023, it was announced that she would retire as CEO of Euroclear.

Key Points: 
  • Lieve Mostrey has been leading Euroclear as Group CEO since January 2017 and, in July 2023, it was announced that she would retire as CEO of Euroclear.
  • Valérie Urbain joined Euroclear in 1992 and is Executive Director and member of the Euroclear Group Management Committee.
  • Before her position as Chief Business Officer, Valérie was CEO of Euroclear Bank, the Group's International Central Securities Depository (ICSD).
  • Between 2009 and year end 2014, she was CEO of the Euroclear ESES Central Securities Depositories (CSDs), namely Euroclear Belgium, Euroclear France and Euroclear Nederland.