PACE

Kramer Levin Elevates Five to Counsel and Three to Special Counsel

Retrieved on: 
Monday, December 11, 2023
Legal, Professional Services, USC, Comptroller, Administrative Appeals Office, Elan, Master of Laws, Employment, Organization, Security (finance), Creativity, Collective bargaining, Administrative Appeals Tribunal, University, Justice, University of the Witwatersrand, Sciences Po, University School, Paris-Panthéon-Assas University, Davidson College, Marketing, Partner, False Claims Act, Harvard College, PACE, Currency, Copeland "Anti-kickback" Act, Hofstra University, Binghamton University, Michael J. Hsu, Bankruptcy, Life, LL.B, ESG, Law

Kramer Levin is pleased to announce the promotion of Tristan Bonneau, Elan Daniels, Allison D. Gray, Pauline Plancke and M. Mendel Trapedo to counsel, effective Jan. 1, 2024.

Key Points: 
  • Kramer Levin is pleased to announce the promotion of Tristan Bonneau, Elan Daniels, Allison D. Gray, Pauline Plancke and M. Mendel Trapedo to counsel, effective Jan. 1, 2024.
  • The firm has also promoted Michelle Ben-David, William Cavanagh and Ralph C. Mayrell to special counsel, effective Jan. 1, 2024.
  • Known for his creativity, Elan routinely advises clients on the opportunities and risk attendant to their positions in distressed situations.
  • He earned his J.D., with honors, from The George Washington University Law School and his B.A., cum laude, from the University of Pennsylvania.

Westinghouse and ENEC Sign Agreement to Explore eVinci™ Microreactor Deployment

Retrieved on: 
Tuesday, December 5, 2023
Alternative Energy, Energy, Nuclear, Other Energy, Utilities, Saskatchewan Research Council, The Electric Company, Hydrogen, COP28, Multimedia, Westinghouse Electric Company, Nuclear energy, City, Microreactor, PACE, Memorandum of understanding, Strategic Innovation Fund, University, Partnership, Heat, Electricity, Emirates Nuclear Energy Corporation, Temperature, Renewable energy, Uranium mining, Emirates, Westinghouse

Westinghouse Electric Company today announced the signing of a Memorandum of Understanding (MoU) with Emirates Nuclear Energy Corporation (ENEC) to explore deployment of the eVinci™ microreactor in the UAE.

Key Points: 
  • Westinghouse Electric Company today announced the signing of a Memorandum of Understanding (MoU) with Emirates Nuclear Energy Corporation (ENEC) to explore deployment of the eVinci™ microreactor in the UAE.
  • (Photo: Business Wire)
    The MoU will facilitate joint exploration of technical and commercial deployment in the Emirates and overseas.
  • Last week, the Saskatchewan Research Council announced a funding award to begin development of the first eVinci microreactor in Canada.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

SoftBank Corp. Invests in Cubic Telecom to Pioneer the Future of Software-Defined Connected Vehicles and IoT Assets Globally

Retrieved on: 
Tuesday, December 5, 2023
IOT (Internet of Things), Technology, Carriers and Services, Other Automotive, EV, Electric Vehicles, 5G, Autonomous Driving, Vehicles, Artificial Intelligence, Other Technology, Telecommunications, Automotive, Software, Networks, Vehicle Technology, Mobile, Wireless, Agriculture, JPY, Safety, Internet of things, PJT Partners, Volkswagen Group, Privacy, Application, Multimedia, Internet, CARIAD, NTN, Ecosystem, SoftBank Group, EUR, PACE, Motorcycle, PwC, Partnership, HR, Monolithic kernel, Original equipment manufacturer, OTA, McKinsey & Company, PPA, Transport, Management, Mobile phone, Jefferies, Qualcomm

With this investment, SoftBank and Cubic Telecom will form a strategic global partnership to pioneer the future of software-defined connected vehicles and other high-value Internet-of-Things (IoT) assets*4 by harnessing the power of global connectivity platforms.

Key Points: 
  • With this investment, SoftBank and Cubic Telecom will form a strategic global partnership to pioneer the future of software-defined connected vehicles and other high-value Internet-of-Things (IoT) assets*4 by harnessing the power of global connectivity platforms.
  • Three Board seats will continue to be held by Cubic Telecom’s existing shareholders, including CARIAD (Volkswagen Group) and Qualcomm, and with the close of the investment, Cubic Telecom will become a consolidated subsidiary of SoftBank.
  • In connection with the transaction, Jefferies (as lead financial adviser) and EY Corporate Finance provided advice to Cubic Telecom.
  • *4 Other high-value IoT assets include motorcycles, heavy goods vehicles, commercial fleets, agriculture vehicles, heavy machinery and drones.

KBRA Releases Research – PACE Overview and Market Evolution

Retrieved on: 
Thursday, November 16, 2023
Banking, Professional Services, Finance, KBRA, Research, PACE, Renewable energy

KBRA releases research on the property assessed clean energy (PACE) market, origination and issuance trends for PACE securities backed by residential (R-PACE) and commercial (C-PACE) properties, recent regulatory activity in the sector, and future expectations for the market.

Key Points: 
  • KBRA releases research on the property assessed clean energy (PACE) market, origination and issuance trends for PACE securities backed by residential (R-PACE) and commercial (C-PACE) properties, recent regulatory activity in the sector, and future expectations for the market.
  • PACE securities are generally collateralized by assessments on residential properties, commercial properties, or a combination of both.
  • R-PACE origination and securitization volumes peaked in 2016 and have declined since, primarily due to regulatory headwinds.
  • KBRA expects the C-PACE market to continue its upward trajectory as it becomes more broadly available and competitive with other forms of financing.

Federal Government and FCM Invest Over $1.2 Million to Support Home-Energy Upgrade Programs in Communities Across Ontario

Retrieved on: 
Thursday, December 14, 2023
CEF, Local government in Canada, Climate change, City, Municipality, Town, Natural Resources, Government, Federation, FCM, GMF, PACE, Partnership, Workload, GHG, LIC, Federation of Canadian Municipalities, Renewable energy

These grants will support communities across Ontario in developing home-energy upgrade financing programs that will help households save money while improving comfort and lowering their emissions.

Key Points: 
  • These grants will support communities across Ontario in developing home-energy upgrade financing programs that will help households save money while improving comfort and lowering their emissions.
  • "Empowering Canadian communities to embrace energy efficiency, the Government of Canada and the Federation of Canadian Municipalities invest over $1.24 million in the Green Municipal Fund's Community Efficiency Financing initiative.
  • "Home energy-efficiency programs can both help homeowners cut down their greenhouse gas emissions and save money on their energy bills.
  • This is why the collaboration between FCM and the Government of Canada to invest in initiatives such as home energy upgrades in Thunder Bay, Peterborough, Windsor, Aurora, Sault Ste.

WelbeHealth Opens First Bay Area PACE Center Serving Vulnerable Seniors in San Jose

Retrieved on: 
Tuesday, December 12, 2023
Meal, Health, SAN, Nursing, Long-term care, California Department, Silicon, Sutter Health, Medi-Cal, PACE, Ageing, Partnership, Social, Growth, Therapy, Transport, California Department of Aging, Health insurance, MD

SAN JOSE, Calif., Dec. 12, 2023 /PRNewswire/ -- Today, the physician-led senior health services provider WelbeHealth, in partnership with Northern California-based health care system Sutter Health, announced the opening of a new Program of All-Inclusive Care for the Elderly (PACE) center in San Jose. The new center will provide essential health care and wrap-around services to diverse low-income older adults. WelbeHealth San Jose is now enrolling new participants, with services set to begin January 1, 2024.

Key Points: 
  • SAN JOSE, Calif., Dec. 12, 2023 /PRNewswire/ -- Today, the physician-led senior health services provider WelbeHealth , in partnership with Northern California-based health care system Sutter Health , announced the opening of a new Program of All-Inclusive Care for the Elderly (PACE) center in San Jose.
  • WelbeHealth San Jose is now enrolling new participants, with services set to begin January 1, 2024.
  • "We are excited to work with our Sutter Health partners to serve the most vulnerable seniors with better quality and compassion in the San Jose area," said Si France, MD, CEO at WelbeHealth.
  • Over 4,000 PACE eligible seniors reside within 15 miles of the San Jose location, and the population of these seniors is anticipated to increase.

NASA Invites Media to Launch of New Mission to Study Oceans, Clouds

Retrieved on: 
Monday, December 11, 2023
Cloud, Carbon, Policy, Aerosol, Blog, NASA, Multimedia, Accreditation, Orbit, Spacecraft, PACE, SpaceX, Phytoplankton, EST, Communications satellite, Property management

WASHINGTON, Dec. 11, 2023 /PRNewswire/ -- Media accreditation is open for the upcoming launch of NASA's PACE (Plankton, Aerosol, Cloud ocean Ecosystem) Earth observing science mission.

Key Points: 
  • WASHINGTON, Dec. 11, 2023 /PRNewswire/ -- Media accreditation is open for the upcoming launch of NASA's PACE (Plankton, Aerosol, Cloud ocean Ecosystem) Earth observing science mission.
  • Media accreditation application deadlines for the PACE launch are as follows:
    U.S. media and U.S. citizens representing international media must apply by 5 p.m. EST on Wednesday, Jan. 17.
    International media without U.S. citizenship must apply by 5 p.m. on Tuesday, Jan. 2.
  • Media accreditation requests must be submitted online at:
    NASA's media accreditation policy is available online.
  • The PACE mission will continue and improve NASA's 20-year record of satellite observations of global ocean biology, aerosols, and clouds.

Annual Science Conference to Feature NASA Leadership, Research

Retrieved on: 
Friday, December 8, 2023
Cloud, Air pollution, Atmosphere of Earth, NASA Earth Science, Troposphere, NASA, Multimedia, TEMPO, Science, Sun, AGU, Earth science, PACE, American Geophysical Union, Communications satellite, Moon, Mars, Artemis

Researchers from across the agency also will present findings throughout the week on Earth sciences, planetary science, and heliophysics beginning on Monday, Dec. 11.

Key Points: 
  • Researchers from across the agency also will present findings throughout the week on Earth sciences, planetary science, and heliophysics beginning on Monday, Dec. 11.
  • New NASA science results from Mars, ice dynamics in Antarctica, and how to determine habitable zones for exoplanets, are among other topics.
  • For those attending the meeting, 50 hyperwall talks at the NASA Exhibit will highlight the current state of NASA Earth, planetary, and heliophysics science.
  • For more information on NASA Earth and climate science, visit:
    View original content to download multimedia: https://www.prnewswire.com/news-releases/annual-science-conference-to-fe...

NPA Says House of Representatives' Passage of Bill to Provide Veterans Additional Access to the Program of All-Inclusive Care for the Elderly Will Improve Their Lives; Urges Swift Senate Passage

Retrieved on: 
Tuesday, December 5, 2023
Woman, Nursing, Policy, Committee on Veterans' Affairs, Bayh–Dole Act, Representative, House, Senate, NPA, VSO, Veteran, Committee, Caregiver, PACE, Hampton VAMC National Cemetery, Louisiana House of Representatives, Quality of life, Legislation, House Committee, Health insurance, Old age, Julia Brownley, Health

542) by a vote of 414-5, which will give veterans increased access to the Program of All-Inclusive Care for the Elderly across the nation.

Key Points: 
  • 542) by a vote of 414-5, which will give veterans increased access to the Program of All-Inclusive Care for the Elderly across the nation.
  • The legislation would establish formal partnerships between Programs of All-Inclusive Care for the Elderly (PACE) and nearby Veterans Affairs Medical Centers (VAMCs) located within their geographic service areas.
  • However, for many veterans, doing so requires certain clinical support that can be prohibitively expensive if not covered by the VA. .
  • I thank and applaud Congresswoman Julia Brownley for her efforts on crafting this bill and getting it over this first hurdle."

CCEDA UNVEILS SURVEY INTO BANK SUPPORT FOR CALIFORNIA CDCS AND CDFIS

Retrieved on: 
Wednesday, November 29, 2023
Western Alliance Bancorporation, PacWest Bancorp, City National Bank, Comerica, Farmers and Merchants Bank, Bank, HSBC, BMO, PNC Financial Services, Banner Bank, Citibank, Farmer, Cathay Bank, Community development, BIPOC, CDC 3000 series, Chairperson, Union Bank, U.S. Bancorp, Pacific Premier Bancorp, JPMorgan Chase, Morgan Stanley, Community, Bank of the West, Community development financial institution, Goldman Sachs, Capital One, FleetBoston Financial, PACE, Umpqua Holdings Corporation, Growth, Bank of America, Ally Financial, EastWest Bank, Wells Fargo, First Bank, First Citizens BancShares

LOS ANGELES, Nov. 27, 2023 /PRNewswire/ -- California Community Economic Development Association (CCEDA) in collaboration with Rise Economy, formerly known as the Community Reinvestment Coalition, has released the results of a survey aimed at illuminating the funding landscape for Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) across California. Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).

Key Points: 
  • Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).
  • The top two banks cited by CDCs and CDFIs, especially BIPOC led CDFIs, were JP Morgan Chase and Wells Fargo Bank, while a large number of CDCs, more almost 40%, pointed to NO bank support.
  • "This report stands as an important instrument in encouraging bank backing for the invaluable efforts of CDCs and CDFIs in California," stated Roberto Barragan, Executive Director at CCEDA.
  • Fifty five banks were listed in the survey including JPMorgan Chase (including First Republic), Bank of America, Citibank, Wells Fargo Bank, US Bank (including Union Bank), PNC Bank, Goldman Sachs, Capital One, BMO (including Bank of the West), First Citizens Bank, Morgan Stanley, Ally Bank, HSBC, City National Bank, Comerica Bank, Western Alliance Bank, EastWest Bank, Umpqua Bank, Pacific Western Bank, First Bank, Cathay Bank, Pacific Premier Bank, Bank of Hope, Mechanics Bank, Banner Bank, First Foundation Bank, and Farmers and Merchants Bank (Long Beach).