Equilibrium

Next Level Performance Receives 2023 SITE Crystal Award for Incentive Travel Program

Retrieved on: 
Thursday, March 21, 2024
Baha Mar, Partnership, Part, Travel, Scrape, Most, CSR, Equilibrium

NEW BRUNSWICK, N.J., March 21, 2024 /PRNewswire-PRWeb/ -- Next Level Performance, an industry leader in group travel, meetings, and events, is honored to receive the 2023 SITE Crystal Award for Most Impactful Effort Toward Corporate Social Responsibility (CSR) as Part of an Incentive Travel Program. The Crystal Awards, one of the industry's highest honors, recognizes effective and impactful incentive programs that keep employees, customers, or channel partners engaged and drive business results.

Key Points: 
  • Next Level Performance, an industry leader in group travel, meetings, and events, is honored to receive the 2023 SITE Crystal Award for Most Impactful Effort Toward Corporate Social Responsibility (CSR) as Part of an Incentive Travel Program.
  • The Crystal Awards, one of the industry's highest honors, recognizes effective and impactful incentive programs that keep employees, customers, or channel partners engaged and drive business results.
  • NEW BRUNSWICK, N.J., March 21, 2024 /PRNewswire-PRWeb/ -- Next Level Performance, an industry leader in group travel, meetings, and events, is honored to receive the 2023 SITE Crystal Award for Most Impactful Effort Toward Corporate Social Responsibility (CSR) as Part of an Incentive Travel Program.
  • The award-winning incentive program travelled to Baha Mar in The Bahamas with over 1,000 qualifiers and their guests from around the globe.

AustralianSuper increases Churchill Asset Management partnership to US$1.5 billion

Retrieved on: 
Wednesday, December 13, 2023
Banking, Asset Management, Professional Services, Finance, Equilibrium, Winston Churchill, Acquisition, Fund, WTW, Investment, OID, History, Thought, TIAA, Pension, Ageing, Partnership, Retirement, Environment, Pension fund, Security (finance), Bank, Nuveen, AustralianSuper

AustralianSuper, Australia’s largest superannuation fund, today announced it has increased the program size of its partnership with Churchill Asset Management, an investment specialist affiliate of Nuveen, to US$1.5 billion.

Key Points: 
  • AustralianSuper, Australia’s largest superannuation fund, today announced it has increased the program size of its partnership with Churchill Asset Management, an investment specialist affiliate of Nuveen, to US$1.5 billion.
  • Churchill is the US$47 billion U.S. private capital investment-specialist of Nuveen, the asset manager of TIAA.
  • In 2022, Nuveen expanded its private debt platform with the acquisition of Arcmont Asset Management, covering the European market.
  • Ken Kencel, President and CEO of Churchill said:
    “We are excited to grow our partnership with AustralianSuper, Australia’s largest superannuation fund, and increasingly an investment leader on the global stage.

Pacifico Aquaculture Receives Significant Investment to Support Nursery Build-Out and Sustainable Aquaculture Expansion

Retrieved on: 
Wednesday, November 1, 2023
Environment, Professional Services, Sustainability, Other Natural Resources, Food, Beverage, Environmental, Social and Governance (ESG), Retail, Asset Management, Natural Resources, Bass, RAS, Aquaculture, BAP, Certification, Entrepreneurship, Growth, CEA, Investment, Agriculture, Michelin, Equilibrium, Butterfly

Pacifico Aquaculture (“Pacifico”), a leader in sustainable aquaculture, announced today that it has received project financing from Equilibrium Capital (“Equilibrium”), in addition to a significant equity investment from a consortium led by Butterfly Equity (“Butterfly”) and a leading U.S. public pension fund.

Key Points: 
  • Pacifico Aquaculture (“Pacifico”), a leader in sustainable aquaculture, announced today that it has received project financing from Equilibrium Capital (“Equilibrium”), in addition to a significant equity investment from a consortium led by Butterfly Equity (“Butterfly”) and a leading U.S. public pension fund.
  • A pioneer in sustainable aquaculture in North America, Pacifico is also the first marine fish farm in Mexico to obtain a four-star Best Aquaculture Practices (BAP) certification , the highest designation in the BAP program.
  • Billund Aquaculture will supply the recirculating aquaculture system (RAS) technology for the nursery.
  • We cannot be more excited to partner with Equilibrium who shares our vision to build Pacifico into a world-class aquaculture platform under Per-Roar’s strong leadership.”

Equilibrium Energy Launches as Climate Generation Power Company

Retrieved on: 
Tuesday, August 1, 2023
Environment, Technology, Other Energy, Utilities, Software, Sustainability, Alternative Energy, Green Technology, Energy, Batteries, Climate, Partnership, Breakthrough Energy, Policy, Electricity, Carbon, Wind, BEV, Digital technology, Climate change, Weather, PPA, Renewable energy, Electric battery, Equilibrium

Equilibrium Energy, a next-generation clean power company, today officially emerged from stealth backed with $33M in venture funding from top tier institutional investors including Breakthrough Energy Ventures, Global Founders Capital, NJP Ventures, and a prominent university endowment.

Key Points: 
  • Equilibrium Energy, a next-generation clean power company, today officially emerged from stealth backed with $33M in venture funding from top tier institutional investors including Breakthrough Energy Ventures, Global Founders Capital, NJP Ventures, and a prominent university endowment.
  • Founded in 2021, Equilibrium is combining its deep energy expertise and cutting-edge technology to build a Climate Generation power company, one that aims to accelerate society’s transition to clean energy.
  • Equilibrium is confronting these existential challenges by building a Climate Generation power company, one dedicated to the fight against climate change and tailor made to navigate the complexities ahead.
  • To do so, Equilibrium is leveraging its unique combination of deep energy expertise, AI-centric technology, power grid fundamentals, and an innovation-obsessed culture.

AppHarvest announces Chapter 11 filing to support a financial and operational transition

Retrieved on: 
Monday, July 24, 2023
Bankruptcy, Chapter 11, Title 11, United States Code, Appharvest, Vegetable, Sidley Austin, DIP, Jefferies Group, Restaurant, APPH, Court, United States bankruptcy court, Farm, Security (finance), Equilibrium

 MOREHEAD, Ky., July 24, 2023 (GLOBE NEWSWIRE) --  AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building and operating some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it is pursuing a financial and operational transition to enable the company to reduce its outstanding liabilities. Business operations will continue at the farms, including shipping product to top national grocery store chains, restaurants and food service outlets.

Key Points: 
  • To pursue its transition, AppHarvest, Inc. has filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code (the “Chapter 11 Cases”) in the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”).
  • The company has also obtained a commitment from Equilibrium, the company’s largest secured creditor, to provide approximately $30 million of debtor-in-possession (“DIP”) financing to provide the necessary liquidity to support operations at the AppHarvest Morehead, AppHarvest Richmond and AppHarvest Somerset farms during the Chapter 11 process.
  • “The AppHarvest board of directors and executive leadership evaluated several strategic alternatives to maximize value for all stakeholders prior to the Chapter 11 filing,” said AppHarvest CEO Tony Martin.
  • AppHarvest is represented by Sidley Austin LLP and Jackson Walker LLP as counsel, Jefferies LLC as investment banker and Portage Point Partners as financial adviser.

Hatch EQ I LLC and Jupiter Sign Largest Energy Storage Tolling Agreement in Texas

Retrieved on: 
Thursday, June 15, 2023
Ridgemont Equity Partners, Carbon, Partnership, Hatch, Renewable energy, ERCOT, Equilibrium

AUSTIN, Texas, June 15, 2023 /PRNewswire/ -- Jupiter Power LLC ("Jupiter Power or Jupiter") and Hatch EQ I LLC ("Hatch EQ") have announced the execution of an innovative energy storage tolling agreement.

Key Points: 
  • AUSTIN, Texas, June 15, 2023 /PRNewswire/ -- Jupiter Power LLC ("Jupiter Power or Jupiter") and Hatch EQ I LLC ("Hatch EQ") have announced the execution of an innovative energy storage tolling agreement.
  • Hatch EQ is a previously announced pioneering partnership between Hatch Renewables LLC ("Hatch"), backed by Ridgemont Equity Partners, and Equilibrium Energy, Inc ("Equilibrium"), a venture-backed startup.
  • "Hatch EQ is excited to partner with Jupiter on this groundbreaking tolling opportunity, which showcases Hatch EQ's commitment to advancing the deployment of energy storage assets," said James Murchison, CEO of Hatch Renewables.
  • "Jupiter is very pleased to have developed this innovative agreement with Hatch EQ.

Equilibrium Energy and Hatch Renewables announce partnership to provide firm offtake to utility scale storage developers

Retrieved on: 
Tuesday, May 23, 2023
Environment, Technology, Environmental Issues, Other Energy, Utilities, Software, Sustainability, Alternative Energy, Energy, Artificial Intelligence, Risk management, AI, Partnership, Investment, Multimedia, Machine learning, Carbon, Risk, ERCOT, Hatch, Equilibrium

Equilibrium Energy (“Equilibrium”) and Hatch Renewables (“Hatch”) today announced a partnership to manage utility-scale battery storage by pursuing tolling agreements with developers that have operating assets or projects with near-term commercial operation dates.

Key Points: 
  • Equilibrium Energy (“Equilibrium”) and Hatch Renewables (“Hatch”) today announced a partnership to manage utility-scale battery storage by pursuing tolling agreements with developers that have operating assets or projects with near-term commercial operation dates.
  • Equilibrium and Hatch have been working closely together over the past year to formalize the partnership and screen an initial set of tolling opportunities in ERCOT.
  • Equilibrium and Hatch have a shared view of how innovative commercial structures paired with cutting edge software, AI, and power systems fundamentals can provide a compelling and much needed offtake for our storage development partners.
  • Equilibrium and Hatch have a shared goal of reshaping the clean energy economy and believe our complementary skill sets will accelerate Equilibrium and Hatch’s impact on that transformation.”

360° Women's Wellness Brand Equilibria Announces First Chief Science Officer

Retrieved on: 
Wednesday, April 19, 2023
Metagenics, Naturopathy, Sonoran University of Health Sciences, Woman, Science, Organization, Outline of health sciences, CBD, Entrepreneurship, Female, Nursing, Management, Equilibrium

CHICAGO, April 19, 2023 /PRNewswire/ -- After demystifying CBD for hundreds of thousands of women, Equilibria has expanded its 1:1 support model into new functional wellness categories, from mushrooms to nootropics and other plant-based nutraceuticals.  On the heels of its 4th birthday, Equilibria celebrates this expansion by welcoming its first Chief Science Officer, Dr. Jacqueline Jacques, a wellness industry veteran. Dr. Jacques will help the powerhouse female leadership team drive product development beyond hemp and design holistic coaching protocols to amplify women's wellness outcomes well beyond their supplement routine.

Key Points: 
  • On the heels of its 4th birthday, Equilibria celebrates this expansion by welcoming its first Chief Science Officer, Dr. Jacqueline Jacques, a wellness industry veteran.
  • "We share a deep passion for women's wellness and have a bold vision for how products + services become the new norm.
  • Building a 360° Wellness Platform: Under Dr. Jacques' guidance, Equilibria will lean more heavily into product innovation and development, expand its wellness support service offering, and work to better support women in all aspects of their wellness journey.
  • "To be able to tap into my expertise in the science and wellness world and help lead the vision as we re-imagine and redefine what wellness means to women is truly exciting!"

EQBR Makes History By Receiving Regulatory Approval By Korean Government For FSC-Registered Security Token Offerings

Retrieved on: 
Monday, December 26, 2022
Assets under management, Equilibrium, Shinhan Bank, CES, FSC, Blockchain-based database, Security token, Cryptocurrency, IGIS

EQBR has announced plans to fully integrate the Equilibrium Blockchain with APANDA Partners ("APND").

Key Points: 
  • EQBR has announced plans to fully integrate the Equilibrium Blockchain with APANDA Partners ("APND").
  • This is the very first and only fully-regulated, end-to-end platform for listing and trading FSC-registered security tokens in Korea.
  • EQBR is to provide the underpinning blockchain technology to enable fast and secure on-chain capabilities built into the Equilibrium blockchain.
  • "EQBR has been developing Web 3.0 business solutions in Singapore and the United States as well since 2021.

Suburban Propane Partners, L.P. to Acquire Renewable Natural Gas ("RNG") Production Assets from Equilibrium Capital Group and Establishes Partnership for the Development of Additional RNG Projects

Retrieved on: 
Wednesday, December 28, 2022
Climate change, Wells Fargo, Annual report, Engineering, NYSE, RNG, Hydrogen, Methane, Environment, Natural gas, Partnership, Pandemic, Transport, Growth, Electricity, COVID-19, Insurance, Weather, Manure, Carbon, Agriculture, Inflation, Master limited partnership, Multimedia, Food, SPH, Information technology, Borrow Direct, Investment, Acquisition, ESG, Propane, Real estate, Renewable energy, Risk management, Airline, Bank, Security (finance), Equilibrium, Suburb

The scalable platform complements our existing portfolio of renewable energy assets, either as a stand-alone RNG distributor, or as a pathway to rDME and hydrogen production."

Key Points: 
  • The scalable platform complements our existing portfolio of renewable energy assets, either as a stand-alone RNG distributor, or as a pathway to rDME and hydrogen production."
  • "Bio-fuels and renewable natural gas are now mainstream commodities in the transition to low carbon energy and decarbonization of our economy.
  • Suburban Propane Partners, L.P. is a publicly traded master limited partnership listed on the New York Stock Exchange under the ticker symbol SPH.
  • Today, Equilibrium provides experienced capital alongside developers and operating partners for the development, construction and acquisition of long-lived renewable energy and carbon offset producing assets.