Joint venture

EnerPure Inc. Announces MoU for Alberta Regeneration Unit

Retrieved on: 
Tuesday, October 4, 2022

Winnipeg, MB, Oct. 04, 2022 (GLOBE NEWSWIRE) --

Key Points: 
  • Gold Fuels is an Indigenous partnership with a strong network of business relationships across Alberta and Saskatchewan.
  • Under the terms of the MoU, EnerPure will manage the full development, construction, and operations of the regeneration unit and Gold Fuels will provide financing for all capital costs.
  • The micro-regeneration unit is targeted to be fully operational in 2024.
  • EnerPure is a Manitoba cleantech company founded on the idea that waste oil recycling should be accessible to all communities.

CGX Energy and Frontera Energy Announce Extensions of Previous Loan and JOA Amendment Agreements to November 30, 2022

Retrieved on: 
Monday, October 3, 2022

The parties entered into the JOA Amendment to, amongst other matters, increase Frontera's participating interest in the Corentyne block in exchange for Frontera providing certain funding.

Key Points: 
  • The parties entered into the JOA Amendment to, amongst other matters, increase Frontera's participating interest in the Corentyne block in exchange for Frontera providing certain funding.
  • The transactions described herein between Frontera and CGX are related party transactions under Multilateral Instrument 61-101 but are exempt from the obligations to obtain a formal valuation and approval from a minority of shareholders.
  • Nevertheless, CGX obtained a formal valuation for the Corentyne block in connection with the JOA Amendment, in accordance with TSX Venture Exchange requirements.
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Navigator Holdings Ltd. Announces Accretive Vessel Acquisitions Through New Joint Venture with Greater Bay Gas Company

Retrieved on: 
Friday, September 30, 2022

The joint venture (the Joint Venture), owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire, over the next fifteen months, a total of five ethylene vessels, made up of two 17,000 cbm, 2018-built and three 22,000 cbm, 2019-built ethylene vessels (the Vessels).

Key Points: 
  • The joint venture (the Joint Venture), owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire, over the next fifteen months, a total of five ethylene vessels, made up of two 17,000 cbm, 2018-built and three 22,000 cbm, 2019-built ethylene vessels (the Vessels).
  • The Joint Venture intends to finance the majority of the purchase price through commercial bank finance, with the remainder sourced from capital contributions from Navigator and Greater Bay Gas.
  • Mr. Steven Xiao, Director of Greater Bay Gas, commented:
    The Luna Pool collaboration has proven a great success and has paved the way to todays Joint Venture.
  • Greater Bay Gas Co. Ltd. (HK) is a gaseous product logistic service provider based in the heart of the Shenzhen Greater Bay Area, China.

Globant and LaLiga reach an agreement to create a global technology company to reinvent the Sports and Entertainment Industry

Retrieved on: 
Wednesday, September 28, 2022

MADRID, Sept. 28, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, and LaLiga, Spain's top-flight football competition, announced today that they had reached an agreement to create a joint venture to establish a global technology company that will lead the reinvention of the sports and entertainment industry.

Key Points: 
  • LaLiga is a global, innovative and socially responsible organisation which is a leader in the leisure and entertainment sector.
  • LaLiga Tech is a provider of specialised technologies for the global sports and entertainment sector, helping customers reach the next stage of their digital transformation.
  • LaLiga Tech solutions have formed a central part of LaLiga since 2014 and are now used by a wide range of global clients.
  • Most of these factors are outside of the control of Globant, La Liga or the Joint Venture and are difficult to predict.

Globant and LaLiga reach an agreement to create a global technology company to reinvent the Sports and Entertainment Industry

Retrieved on: 
Wednesday, September 28, 2022

MADRID, Sept. 28, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, and LaLiga, Spain's top-flight football competition, announced today that they had reached an agreement to create a joint venture to establish a global technology company that will lead the reinvention of the sports and entertainment industry.

Key Points: 
  • LaLiga is a global, innovative and socially responsible organisation which is a leader in the leisure and entertainment sector.
  • LaLiga Tech is a provider of specialised technologies for the global sports and entertainment sector, helping customers reach the next stage of their digital transformation.
  • LaLiga Tech solutions have formed a central part of LaLiga since 2014 and are now used by a wide range of global clients.
  • Most of these factors are outside of the control of Globant, La Liga or the Joint Venture and are difficult to predict.

VIRGIN ATLANTIC UPDATES GENDER IDENTITY POLICY, ALLOWING PEOPLE TO WEAR UNIFORMS THAT EXPRESS THEIR TRUE IDENTITY

Retrieved on: 
Wednesday, September 28, 2022

LONDON, Sept. 28, 2022 /PRNewswire/ -- Virgin Atlantic has launched its updated gender identity policy, giving its crew, pilots, and ground team the option to choose which of the iconic uniforms, designed by Vivienne Westwood, best represents them – no matter their gender, gender identity, or gender expression.

Key Points: 
  • Virgin Atlantic has also updated its ticketing systems to allow for those who hold passports with gender neutral gender markers to select 'U' or 'X' gender codes on their booking as well as the gender-neutral title, 'Mx.'
  • Jaime Forsstroem, Cabin Crew at Virgin Atlantic commented: "The updated gender identity policy is so important to me.
  • *Data conducted by 3Gem on behalf of Virgin Atlantic between September 5-6, 2022, polling 2,000 adults aged 18+ across the UK.
  • Virgin Atlantic was founded by entrepreneur Sir Richard Branson in 1984, with innovation and amazing customer service at its core.

VIRGIN ATLANTIC TO JOIN SKYTEAM ALLIANCE

Retrieved on: 
Tuesday, September 27, 2022

Virgin Atlantic Silver Card holders will be recognized as SkyTeam Elite Members, whilst the airline's Gold Card members will become Elite Plus.

Key Points: 
  • Virgin Atlantic Silver Card holders will be recognized as SkyTeam Elite Members, whilst the airline's Gold Card members will become Elite Plus.
  • Flying Club members will be able to take advantage of the benefits as soon as Virgin Atlantic officially enrolls in SkyTeam, which is expected in early 2023.
  • "At Virgin Atlantic we strive to create thoughtful experiences that feel different for our customers and SkyTeam shares that customer first ethos.
  • "As a member of SkyTeam, Virgin Atlantic will benefit from increased opportunities to expand its global network through partnerships and synergies: customers will have more ways to earn and burn miles while enjoying the service for which Virgin Atlantic is renowned.

Universal Systems, Inc. (OTC: UVSS) Provides Shareholder Updates

Retrieved on: 
Friday, September 23, 2022

SHERIDAN, WY, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Universal Systems, Inc./Digital Distro, Inc. (OTC: UVSS) announces multiple key shareholder updates.

Key Points: 
  • SHERIDAN, WY, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Universal Systems, Inc./Digital Distro, Inc. (OTC: UVSS) announces multiple key shareholder updates.
  • The MOU allowed for the starting of art design, film production, development, and Web3 consulting on the SeeMyNFT Platform.
  • Our long-term goal is to develop a library of assets that provides a 1520-year stream of royalties for our shareholders.
  • Universal Systems, Inc. / Digital Distro, Inc. (OTC: UVSS) is a subsidiary of Critical Solutions, Inc.

ANALYGENCE Secures New Task Order as Managing Member of the CETA Joint Venture Supporting United States Cyber Command

Retrieved on: 
Thursday, September 22, 2022

FULTON, Md., Sept. 22, 2022 /PRNewswire/ -- ANALYGENCE, Inc., a leader in mission-focused cyber solutions and intelligence services supporting the military, intelligence, and federal civilian communities, today announced that as a Managing Member of Cyber Engineering & Technical Alliance (CETA) Joint Venture, it has been awarded a task order valued at over $80M for five years to provide Advisory & Assistance Services (A&AS) to United States Cyber Command (USCYBERCOM).

Key Points: 
  • FULTON, Md., Sept. 22, 2022 /PRNewswire/ -- ANALYGENCE, Inc., a leader in mission-focused cyber solutions and intelligence services supporting the military, intelligence, and federal civilian communities, today announced that as a Managing Member of Cyber Engineering & Technical Alliance (CETA) Joint Venture, it has been awarded a task order valued at over $80M for five years to provide Advisory & Assistance Services (A&AS) to United States Cyber Command (USCYBERCOM).
  • CETA will support USCYBERCOM in meeting its overall mission by providing subject matter expertise across the Command supporting Acquisition Management, Program Management, Financial Management, Requirements and Solution Analysis, and Logistics and Planning.
  • "This opportunity has been a long-term objective and target of design for ANALYGENCE, and CETA JV.
  • We are honored to be selected as the strategic partner supporting this vital mission for another five years," said Lonnie Parker, Managing Partner of CETA and CEO of ANALYGENCE.

Quarterra and QuadReal Property Group Announce the Opening of Spectra

Retrieved on: 
Friday, September 16, 2022

REDMOND, Wash., Sept. 15, 2022 /PRNewswire/ -- Quarterra (recently rebranded from LMC), a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, today announced the opening of Spectra, a luxury mixed-use community in the Marymoor submarket of Redmond, WA. Spectra, developed in partnership with QuadReal Property Group, is the first apartment community to deliver in the core of the emerging Marymoor Village following the historically industrial neighborhood's rezoning in anticipation of the nearby Link Light Rail Station. Move-ins are scheduled to begin in September.

Key Points: 
  • Spectra, developed in partnership with QuadReal Property Group, is the first apartment community to deliver in the core of the emerging Marymoor Village following the historically industrial neighborhood's rezoning in anticipation of the nearby Link Light Rail Station.
  • Spectra, a mid-rise community, features 450 apartment homes and 37,259 square feet of retail space across three distinct buildings.
  • "QuadReal is thrilled to welcome Spectra into a global residential portfolio of over 65,000 rental units and continue to partner with Quarterra on new residential developments across the US," said Jamie Weber, Managing Director, Head of Americas, QuadReal.
  • QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia.