PACE

Nuveen CPACE Lending Fund Offers Insurers Access to Capital Efficient Clean Energy Assets

Retrieved on: 
Wednesday, August 9, 2023
Policy, Carbon, Cooley, TIAA, NGC, Climate change, Investment, CIO, PACE, Renewable energy, Financial services, Nuveen

NEW YORK, Aug. 9, 2023 /PRNewswire/ -- Nuveen, the $1.1 trillion investment manager of TIAA, and Nuveen Green Capital (NGC), an affiliate of Nuveen and a leading provider of sustainable commercial real estate financing solutions, have launched a new fund to give insurers access to a diversified portfolio of energy efficient, climate resilient, water conservation and renewable energy projects.

Key Points: 
  • The Nuveen CPACE Lending Fund is designed to efficiently aggregate the financing of commercial property-assessed clean energy (C-PACE) projects for the unique requirements of insurance investors, providing a capital efficient opportunity to access investment grade clean energy assets.
  • "Insurers are interested in differentiated sources of capital efficient income, and increasingly motivated to address climate change," said Joe Pursley, Head of Insurance, Americas, Nuveen.
  • "The Nuveen CPACE Lending Fund mirrors those interests, offering the prospect of long-dated, attractive and stable risk-adjusted returns via an investment grade product that finances energy efficiency commercial real estate projects."
  • "The Nuveen CPACE Lending Fund is an exciting evolution in the C-PACE industry and sustainable real estate financing, broadly," said Alexandra Cooley, CIO of NGC.

Lightelligence Introduces Optical Interconnect for Composable Data Center Architectures, Unlocking Infrastructure Scalability, Disaggregation

Retrieved on: 
Tuesday, August 8, 2023
Optical networking, CXL, Compute Express Link, Emancipation Memorial (Boston), Stanford University, AMD, LLM, Onet.pl, Xpu Há, PCI Express, Santa Clara Convention Center, Hot, Epyc, OCP, Memory, Workload, SFF, Emergency & I, PACE, OMAC, Computer data storage, Video game, Engineering, Samsung

Photowave, an Optical Networking (oNET) transceiver leveraging the significant latency and energy efficiency of photonics technology, empowers data center managers to scale resources within or across server racks.

Key Points: 
  • Photowave, an Optical Networking (oNET) transceiver leveraging the significant latency and energy efficiency of photonics technology, empowers data center managers to scale resources within or across server racks.
  • “We are more than excited to unveil the next piece of our product portfolio,” comments Yichen Shen, CEO of Lightelligence.
  • The current Ethernet-based infrastructure carries too much latency overhead to enable this disaggregation.
  • This facilitates scalable CXL fabrics in the composable data center.

Occidental and ADNOC to Evaluate Carbon Management Projects in the United States and United Arab Emirates to Accelerate Net Zero Goals

Retrieved on: 
Tuesday, August 1, 2023
Amos, Carbon, White House, Partnership, Carbon Engineering, Carbon dioxide, Aviation, Direct air capture, Energy, ADNOC, DAC, Plant, 2009 energy efficiency and renewable energy research investment, Climate change, Investment, Engineering, MOU, Excellency, International Growth Centre, CO2, CCS, PACE, Memorandum, NYSE, United Arab Emirates, CCUS, Renewable energy, Occidental

Under the terms of the Memorandum of Understanding (MOU), ADNOC may evaluate participation in DAC plants and CO2 sequestration hubs under development in the United States by Occidental subsidiary, 1PointFive.

Key Points: 
  • Under the terms of the Memorandum of Understanding (MOU), ADNOC may evaluate participation in DAC plants and CO2 sequestration hubs under development in the United States by Occidental subsidiary, 1PointFive.
  • Through the collaboration, the companies will also consider opportunities to incorporate innovative CO2-based technologies into the UAE.
  • This includes technologies in which Occidental has made investments, such as emissions-free power and sustainable fuels.
  • “ADNOC’s is a pioneer in carbon management, exemplified by our industry leading low-carbon intensity and our operation of Al Reyadah, the region’s first commercial scale carbon capture facility.

Amalgamated Financial Corp. Reports Second Quarter 2023 Financial Results; Immediate Liquidity Coverage at 183% of Uninsured Non Super-Core Deposits

Retrieved on: 
Thursday, July 27, 2023
Lender option borrower option, Insurance, SIVB, Risk-weighted asset, Amalgamated Bank, Share repurchase, Eastern Time Zone, Silicon Valley Bank, Trust, Common equity, FDIC, GAAP, Sale, AMAL, PACE, PACS, First Franklin Financial Corp., Earnings call, NOW, Total, Security (finance), Uranium mining, Bank, Video game, Pharmaceutical industry, Car rental, Rare-earth element, Amalgamation

Excluding uninsured super-core deposits of approximately $2.5 billion, remaining uninsured deposits were approximately 20-23% of total deposits with immediate liquidity coverage of 183%.

Key Points: 
  • Excluding uninsured super-core deposits of approximately $2.5 billion, remaining uninsured deposits were approximately 20-23% of total deposits with immediate liquidity coverage of 183%.
  • Net interest income was $63.0 million for the second quarter of 2023, compared to $67.3 million for the first quarter of 2023.
  • Our effective tax rate for the second quarter of 2023 was 26.5%, compared to 26.2% for the first quarter of 2023.
  • As previously announced, Amalgamated Financial Corp. will host a conference call to discuss its second quarter 2023 results today, July 27, 2023 at 11:00am (Eastern Time).

The SIP Forum Announces Call Authentication-Focused Conference Agenda for SIPNOC 2023 is Now Live

Retrieved on: 
Wednesday, July 19, 2023
Diamond, Cloud, Federation of State Medical Boards, NORTH, International, Network, Network-to-network interface, Internet service provider, Telecommunications, SIP Forum, Alliance for Telecommunications Industry Solutions, ATIS, Joint task force, Robocall, ECG, Hello, Youmail, CTIA, Session Initiation Protocol, SIP, Cloud Communications Alliance, United States Telecom Association, Government, PACE, TransUnion, KYC, Conference, Mobile phone

NORTH ANDOVER, Mass., July 19, 2023 /PRNewswire-PRWeb/ -- The SIP Forum has announced its conference agenda has been published for the 12th annual SIP Network Operators Conference (SIPNOC 2023), to be held September 12-14, 2023 at the Hilton Washington Dulles Hotel in Herndon, VA.

Key Points: 

Lincoln Avenue Capital Hosts Family Resource Day Event for Affordable Housing Residents in San Diego

Retrieved on: 
Monday, July 10, 2023
YMCA, Family resource program, Asset management, Housing, Sea Breeze, Lincoln Avenue, SAN, PACE, St Paul's Cathedral, Catholic Church, Health, County, LAC, Tourism

SAN DIEGO, July 10, 2023 /PRNewswire/ -- Lincoln Avenue Capital (LAC), a mission-driven acquirer and developer of affordable housing, hosted a Family Resource Day event for residents of Sea Breeze Apartments, which provide high-quality homes for lower-income families in San Diego.

Key Points: 
  • SAN DIEGO, July 10, 2023 /PRNewswire/ -- Lincoln Avenue Capital (LAC), a mission-driven acquirer and developer of affordable housing, hosted a Family Resource Day event for residents of Sea Breeze Apartments, which provide high-quality homes for lower-income families in San Diego.
  • "Our Family Resource Days provide valuable opportunities for our residents to connect with local organizations and discover key resources that are available in their communities," said Lincoln Avenue Capital CEO Jeremy Bronfman.
  • The Family Resource Day featured representatives from local nonprofit organizations including SAY San Diego , Catholic Charities Diocese of San Diego , Family Health Centers of San Diego , County of San Diego Health and Human Services Agency , St. Paul's PACE and YMCA of San Diego .
  • LAC regularly hosts Family Resource Days at its affordable housing properties across the country in conjunction with Fairview Housing Partners, a national nonprofit affordable housing organization.

InnovAge Names Ben Adams as New Chief Financial Officer

Retrieved on: 
Wednesday, July 5, 2023
Tufts University, IPO, B2B, Patient, Pharmacy, Columbia Business School, Economics, Adams, CFO, PACE, Management

DENVER, July 05, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), names Ben Adams its Chief Financial Officer (CFO), effective July 10.

Key Points: 
  • DENVER, July 05, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), names Ben Adams its Chief Financial Officer (CFO), effective July 10.
  • Adams will lead the company's finance organization and help position the company for responsible, profitable growth.
  • Adams joins InnovAge’s executive leadership team as Barb Gutierrez steps down from the role of CFO to explore new career opportunities.
  • “Ben brings more than 25 years of healthcare finance experience, including executive operational leadership, strategy development and implementation, and transaction execution.

Lightelligence Revolutionizes Big Data Interconnect with World’s First Optical Network-on-Chip Processor

Retrieved on: 
Wednesday, June 28, 2023
Communication, Data, Stanford University, Electronics, Light, PCI Express, Santa Clara Convention Center, Computing, Hot, Machine learning, PACE, AI, Silicon, SDK, Institute of Electrical and Electronics Engineers, Computer data storage, Printed circuit board, Video game, Engineering

Unlike digital networks, Hummingbird’s oNOC technology increases density scaling by enabling interconnect topologies that would be otherwise unrealizable.

Key Points: 
  • Unlike digital networks, Hummingbird’s oNOC technology increases density scaling by enabling interconnect topologies that would be otherwise unrealizable.
  • In Hummingbird, Lightelligence implemented a low-latency optical all-to-all broadcast network spanning 64 cores.
  • With 64 transmitters and 512 receivers, Hummingbird provides a framework to implement a variety of dense optical network topologies.
  • Lightelligence is actively signing development partners to sample Hummingbird-based PCIe add-in cards along with Lightelligence's SDK in Q3 2023.

The SIP Forum Opens Registration for SIPNOC 2023 - the 12th Annual SIP Network Operators Conference

Retrieved on: 
Thursday, June 22, 2023
Diamond, Cloud, Call, Rural Utilities Service, NORTH, Snack, Face, Internet service provider, Serbisyo All Access, SIP Forum, Federal, Full, Youmail, CTIA, Robocall, Government, SIP, Corporation, Cloud Communications Alliance, United States Telecom Association, PACE, Cvent, Conference, TransUnion, KYC, Mobile phone, Video game, Mail, Hello

NORTH ANDOVER, Mass., June 22, 2023 /PRNewswire-PRWeb/ -- The SIP Forum announced today that it has opened registration for the 12th annual SIP Network Operators Conference (SIPNOC 2023), being held at the Hilton Washington Dulles Hotel in Herndon, VA, September 12 -14, 2023.

Key Points: 
  • NORTH ANDOVER, Mass., June 22, 2023 /PRNewswire-PRWeb/ -- The SIP Forum announced today that it has opened registration for the 12th annual SIP Network Operators Conference (SIPNOC 2023) , being held at the Hilton Washington Dulles Hotel in Herndon, VA, September 12 -14, 2023.
  • The SIP Forum is offering a number of different conference passes to SIPNOC 2023:
    Regular All-Access Conference Pass: The regular ''All-Access'' SIPNOC 2023 conference pass includes access to all three days of conference proceedings.
  • For detailed information about SIPNOC 2023, please visit the SIPNOC 2023 event overview webpage or send an email to [email protected] .
  • For information about available corporate sponsorship opportunities at SIPNOC 2023, please contact Marc Robins, SIP Forum President and Managing Director, at 203-829-6307 or [email protected] .

Brightspire and The Well-Spring Group Announce Merger Agreement

Retrieved on: 
Wednesday, June 7, 2023
Well, Brookwood, Employment, Partnership, Housing, Nursing, Culture, TIM, Ageing, Where Is My Friend's Home, Oregon Trail, Wells Springs Segment, Organization, Friends, Dementia, Retirement, High Point, PACE, Letter, Management, Residential care, Airline, Timothy, Triad

Stephen (Steve) Fleming, president and CEO of The Well-Spring Group, and Timothy (Tim) Webster, president and CEO of Brightspire, will serve as co-President/CEOs of the new parent entity.

Key Points: 
  • Stephen (Steve) Fleming, president and CEO of The Well-Spring Group, and Timothy (Tim) Webster, president and CEO of Brightspire, will serve as co-President/CEOs of the new parent entity.
  • Brightspire, formerly The Presbyterian Homes, has a 71-year history of providing housing, amenities and services for its residents.
  • In the coming months, Brightspire and Well-Spring will perform additional due diligence and finalize the merger agreement by year-end.
  • No layoffs are planned by either organization, but there will be consolidation of back-office functions after the merger is complete.