Rabobank

Rabobank Announces 2023 Leadership Award Winners

Retrieved on: 
Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Rabobank, a premier global food and agribusiness bank founded 125 years ago and a leading financier of the energy transition, today announced the recipients of its annual Rabobank North America Leadership Awards.

Key Points: 
  • Award recipients were determined based on a rigorous set of criteria unique to each category: Excellence in Corporate Leadership, Leadership in Sustainability and Emerging Leadership in Innovation.
  • The winner of the 2023 Rabobank Award for Excellence in Corporate Leadership is Taylor Farms.
  • "We are honored to be recognized for this year's Rabobank Award for Excellence in Corporate Leadership," said Bruce Taylor, chairman and CEO of Taylor Farms.
  • The recipient of the 2023 Rabobank Award for Leadership in Sustainability is Campbell Soup Company.

Technologies to Decarbonise the Agri-Food Sector in Asia Identified in 2023 Asia Food Challenge Report

Retrieved on: 
Monday, November 27, 2023

SINGAPORE, Nov. 27, 2023 /PRNewswire/ -- PwC, Rabobank, Temasek and Terrascope have launched the third edition of the biennial Asia Food Challenge Report , focused on the opportunity to decarbonise the agri-food value chain in Asia.

Key Points: 
  • SINGAPORE, Nov. 27, 2023 /PRNewswire/ -- PwC, Rabobank, Temasek and Terrascope have launched the third edition of the biennial Asia Food Challenge Report , focused on the opportunity to decarbonise the agri-food value chain in Asia.
  • Agri-food is an even more significant source of emissions in some regions of Asia; it is up to 50% of all emissions in South and South East Asia.
  • In total, Asia is responsible for 42% of all global emissions from agri-food, in a region with only 35% of the world's arable land.
  • Significant investment is required to implement these technologies – up to US$125bn for on-farm technologies on rice and cattle farms, in addition to infrastructure investments.

Rabobank North America Launches Energy Transition Team to Fuel Growth

Retrieved on: 
Tuesday, November 21, 2023

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Rabobank, a premier global food and agribusiness bank with 125 years of experience and a leading financier of the energy transition, today announced key new hires on its renewable energy team to help fuel the bank's broader growth and sustainability strategy in North America.

Key Points: 
  • NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Rabobank, a premier global food and agribusiness bank with 125 years of experience and a leading financier of the energy transition, today announced key new hires on its renewable energy team to help fuel the bank's broader growth and sustainability strategy in North America.
  • Building on its 20-year track record in renewable energy, primarily focused on project finance, Rabobank is expanding the team to include new senior bankers and its first RaboResearch analysts dedicated to the energy transition movement.
  • With 30 professionals now focused on the energy transition, Rabobank has one of the largest clean energy financing teams in North America.
  • "We are creating a center of excellence exclusively focused on financing the energy transition," said Rabobank's Greg Hutton, head of project finance and energy transition strategy in North America.

Havfram signs Green ECA Term Loan Facility to fully finance newbuilding programme

Retrieved on: 
Tuesday, November 21, 2023

OSLO, Norway, Nov. 21, 2023 /PRNewswire/ -- Today, Havfram has signed a Senior Secured Green ECA Term Loan Facility (the "Facility") to fund its two Wind Turbine Installation Vessels ("WTIVs"), currently under construction at CIMC Raffles.

Key Points: 
  • OSLO, Norway, Nov. 21, 2023 /PRNewswire/ -- Today, Havfram has signed a Senior Secured Green ECA Term Loan Facility (the "Facility") to fund its two Wind Turbine Installation Vessels ("WTIVs"), currently under construction at CIMC Raffles.
  • The Facility was entered into with a syndicate led by DNB Bank ASA (Coordinator, Bookrunner, Green Loan Advisor and Agent) with SpareBank 1 SR-Bank ASA, Credit Agricole, Sparebanken Vest and Rabobank as Mandated Lead Arrangers and with Export Finance Norway as ECA lender.
  • The Facility is also partly supported by an insurance provided by Atradius Dutch State Business N.V, the ECA of The Netherlands.
  • This facility is a shining example to this collaboration, and supports our work to harvest clean energy from offshore wind."

EQS-News: Aareal Bank arranges refinancing of European portfolio for The Social Hub

Retrieved on: 
Thursday, December 14, 2023

Wiesbaden, 27 November 2023 – Aareal Bank announces the successful closing of a € 566 million refinancing facility with The Social Hub (TSH), together with two participating lenders, one of which being Rabobank.

Key Points: 
  • Wiesbaden, 27 November 2023 – Aareal Bank announces the successful closing of a € 566 million refinancing facility with The Social Hub (TSH), together with two participating lenders, one of which being Rabobank.
  • Operated under TSH’s hybrid hospitality concept offering co-working, events, hotel, extended-stay rooms and student accommodation, the cross-border portfolio comprises 13 properties across the Netherlands, Spain, France and the UK.
  • Aareal Bank acted as the Arranger, Agent, and Security Agent of the senior loan, which is classified by Aareal as a Green Loan under its own Green Finance Framework.
  • “We are delighted to establish this relationship with such a unique hospitality brand and operator as TSH,” comments Michelle Weiss, Head of Hotel Properties at Aareal Bank.

AGCO Reports Third-Quarter Results

Retrieved on: 
Tuesday, October 31, 2023

The improved South America results reflect the benefit of higher sales and production as well as a favorable sales mix.

Key Points: 
  • The improved South America results reflect the benefit of higher sales and production as well as a favorable sales mix.
  • AGCO will host a conference call with respect to this earnings announcement at 10 a.m. Eastern Time on Tuesday, October 31.
  • The following are among the factors that could cause actual results to differ materially from the results discussed in or implied by the forward-looking statements.
  • In addition, AGCO sells products in, and purchases parts and components from, other regions where there could be hostilities.

Renovaro Biosciences Appoints Two Finance Industry Experts to Board of Directors

Retrieved on: 
Tuesday, October 10, 2023

Renovaro recently announced a definitive agreement to combine with the advanced AI Company GEDi Cube Intl Ltd. GEDiCube intends to rebrand as Renovaro AI, as announced on September 29, 2023 .

Key Points: 
  • Renovaro recently announced a definitive agreement to combine with the advanced AI Company GEDi Cube Intl Ltd. GEDiCube intends to rebrand as Renovaro AI, as announced on September 29, 2023 .
  • Both Leni and Ruud bring extensive, high-level experience in finance and business.
  • She also holds several advisory roles, including the Capital Market Committee of the Dutch regulator, the Authority for the Financial Markets.
  • Ruud Hendriks brings over 35 years of experience in the asset management industry, having held senior roles at some of the most established financial institutions.

Deepdesk Introduces Cutting-Edge 'AIX' Features, Pioneering the Future of AI for Contact Centers

Retrieved on: 
Wednesday, October 11, 2023

Today Deepdesk launches the next generation of AI Agent Assist technology for contact centers: Deepdesk AIX.

Key Points: 
  • Today Deepdesk launches the next generation of AI Agent Assist technology for contact centers: Deepdesk AIX.
  • AMSTERDAM, Oct 11, 2023 - (ACN Newswire) - Designed to empower agents and delight customers, Deepdesk AIX solves major customer service challenges.
  • With Deepdesk's "Bring Your Own Model" option, businesses can use the LLM or AI model of their choice.
  • Unlike many AI solutions currently crowding the market, the "Bring Your Own Model" framework is future-proof and scalable by design.

EQS-News: CLAAS successfully closes €850 million credit line

Retrieved on: 
Tuesday, October 17, 2023

CLAAS has signed a €850 million revolving credit facility.

Key Points: 
  • CLAAS has signed a €850 million revolving credit facility.
  • This strengthens CLAAS in the long term," says Henner Böttcher, Chief Financial Officer of CLAAS.
  • The new transaction replaces the existing syndicated credit line of € 500 million from 2022.
  • The revolving credit facility is one of the standard financing instruments of the CLAAS Group and serves to secure short-term liquidity.

Ashtrom Renewable Energy Announces ~$270 Million Green Financing for ~400 MW Tierra Bonita Solar Project in Texas

Retrieved on: 
Monday, October 2, 2023

The Tierra Bonita project is one of the very first solar projects in the U.S. to complete a Tax Credit Transfer Agreement for solar PTCs under the new Inflation Reduction Act (IRA), and complete financing under a project finance structure.

Key Points: 
  • The Tierra Bonita project is one of the very first solar projects in the U.S. to complete a Tax Credit Transfer Agreement for solar PTCs under the new Inflation Reduction Act (IRA), and complete financing under a project finance structure.
  • "The financial closing of the Tierra Bonita project marks a significant milestone for Ashtrom Renewable Energy, demonstrating confidence in our strong capabilities to execute the development, planning, financing and construction of our first large-scale solar project in the U.S., with a total investment of approximately $435 million," said Yitsik Mermelstein, CEO at Ashtrom Renewable Energy.
  • The Tierra Bonita project is located on a ~2,400 acres site in Pecos County, Texas, with a planned capacity of ~400MWdc (306 MWac).
  • The Tierra Bonita project was developed by Ashtrom Renewable Energy and its local development partner, OnPeak Power, LLC, an industry leading privately held renewable energy company based in Austin, Texas.