JV

Nate's Food Co. Secures Jet Fuel Purchase Order Valued at Nearly $5 Billion

Retrieved on: 
Thursday, January 18, 2024
JV, Port, Tank Farm, SGS, Partnership, Jet fuel, ATV, Food, OTC, IBN, TSA, Nate, EST, Airline

The deal is structured as follows:

Key Points: 
  • The deal is structured as follows:
    • An initial transaction of 1,000,000 barrels of jet fuel.
  • This purchase order was made possible by our recent joint venture (JV) partnership that was announced last week.
  • This report will provide information on the quality and compliance of the jet fuel, ensuring it meets the highest industry standards.
  • Link to Platts Pricing for Jet Fuel: Platts Pricing for Jet Fuel .

Global EV Battery Enclosures Market Report 2023: Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunities 2022-2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 29, 2024
Automotive, Automotive Manufacturing, Technology, EV, Electric Vehicles, Manufacturing, Batteries, EVS, BEV, JV, Temperature, Heat, Volkswagen, Partnership, Composite, MOU, Aluminium, Porsche, BYD Song, Porsche Taycan, Environment, BYD Qin, Safety, Weight, Steel, Memorandum of understanding, BYD Han, Metal, Automotive industry

Some of the key developments have been mentioned below:

Key Points: 
  • Some of the key developments have been mentioned below:
    Multi-Material EV Battery Enclosures: Composite materials and metals are used to make battery enclosures (aluminum and steel).
  • Advanced Thermal Management Systems: Many companies are focusing on developing advanced thermal management systems for battery enclosures to improve temperature control and prolong battery life.
  • Metal enclosures are preferred due to their lower cost compared to composite enclosures, and many major companies provide metal battery enclosures.
  • China is the world's largest producer and consumer of EVs and is home to several major EV battery enclosure producers.

Adani Has Emerged Stronger, Says Gautam Adani in a Statement, a Year Post Short-seller's Attack

Retrieved on: 
Thursday, January 25, 2024
Chemicals, Plastics, Other Professional Services, Energy, Manufacturing, Public Relations, Investor Relations, Finance, Communications, Professional Services, Other Transport, Rail, Maritime, Transport, Logistics, Supply Chain Management, Other Energy, Engineering, QIA, Illusion, Adani Group, JV, INR, Multimedia, FPO, Investment, Airport, Ground substance, News, Growth

The following is a statement provided by Adani Group Chairman Gautam Adani:

Key Points: 
  • The following is a statement provided by Adani Group Chairman Gautam Adani:
    This press release features multimedia.
  • This, however, was a unique two-dimensional attack – a financial one, of course, and also one that played out into the political space – each feeding off the other.
  • The trials and tribulations of the past year have taught us valuable lessons, made us stronger and reaffirmed our faith in Indian institutions.
  • I believe we have emerged even stronger from this experience and even more unwavering in our resolve to continue our humble contribution to the India growth story.

Montana Technologies and GE Vernova Agree to Form a Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting Products

Retrieved on: 
Monday, January 29, 2024
Carbon, JV, Pat Eilers, General Electric, Electricity, Air conditioning, Partnership, Atmosphere of Earth, Education minister, Business analyst, Water, Business development, Environment, HVAC, Incubation, General Electric Company, BASF, Patent, Atmosphere, Renewable energy

RONAN, Mont., Jan. 29, 2024 /PRNewswire/ -- Montana Technologies LLC ("Montana") today announced an agreement to form a joint venture with GE Vernova, a global leader in electrification, decarbonization, and energy solutions, to incorporate GE Vernova's proprietary sorbent materials into systems that utilize Montana's patented AirJoule® dehumidification, air conditioning, and atmospheric water harvesting technology. Pending customary closing conditions, the transaction is anticipated to close in the first quarter of this year. 

Key Points: 
  • The joint venture will exclusively manufacture and supply products incorporating the combined technologies to leading original equipment manufacturers and customers in the Americas, Africa, and Australia.
  • The joint venture will also leverage Montana's global supply agreement with BASF, which is expected to supply the new sorbent materials at production scale.
  • "Our joint venture with Montana is an opportunity to make an important impact on our world, our environment, and our future."
  • Combining GE Vernova's proprietary sorbents and coating processes with Montana's AirJoule® technology is expected to improve the atmospheric water harvesting efficiency of the AirJoule® system.

Apex Signs Energy Storage Joint Venture with SK Gas and SK D&D

Retrieved on: 
Wednesday, January 17, 2024
Utilities, Environment, Oil, Gas, Sustainability, Alternative Energy, Green Technology, Energy, ERCOT, Great kiskadee, JV, Apex, ESS, Primary energy, United, Growth, Renewable energy

Apex Clean Energy today announced a joint venture with SK Gas, Korea’s leading energy company, and SK D&D, Korea’s leading green energy developer, to own energy storage facilities in the United States.

Key Points: 
  • Apex Clean Energy today announced a joint venture with SK Gas, Korea’s leading energy company, and SK D&D, Korea’s leading green energy developer, to own energy storage facilities in the United States.
  • The joint venture, SA Grid Solutions, owns Great Kiskadee, a utility-scale battery project under construction in Texas, and anticipates purchasing and advancing additional Apex storage projects in the future.
  • The joint venture is funded 60% by SK and 40% by Apex, which will manage the construction and subsequent operations and optimization of the facility and any to come.
  • “Great Kiskadee represents the first project in this shared vision, with the potential for hundreds more megawatts of energy storage to come,” said Ken Young, Apex Clean Energy CEO.

IBC Creates Subsidiary - GreenLiT Pure Lithium, Inc. - to Meet Booming Lithium Demand using IBC's Proprietary Direct Lithium to Product™ (DLP™) Process

Retrieved on: 
Thursday, January 25, 2024
Lithium, IBC, JV, Chori, Salar, Lithium chloride, Panasonic, DLE, Water, LCE, Molecular recognition, SIMCO, Growth

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.

Key Points: 
  • AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.
  • GreenLiT™ is perfectly positioned to supply the market with battery-grade lithium end-products.
  • The DLP™ process allows brine operators to directly produce lithium hydroxide without the need to first produce lithium carbonate.
  • GreenLiT™ was created to widely commercialize the DLP™ process and sustainably meet the booming demand for battery-grade lithium end-products in a highly water and energy efficient manner with minimal environmental impact.

IBC Creates Subsidiary - GreenLiT Pure Lithium, Inc. - to Meet Booming Lithium Demand using IBC's Proprietary Direct Lithium to Product™ (DLP™) Process

Retrieved on: 
Thursday, January 25, 2024
Lithium, IBC, JV, Chori, Salar, Lithium chloride, Panasonic, DLE, Water, LCE, Molecular recognition, SIMCO, Growth

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.

Key Points: 
  • AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.
  • GreenLiT™ is perfectly positioned to supply the market with battery-grade lithium end-products.
  • The DLP™ process allows brine operators to directly produce lithium hydroxide without the need to first produce lithium carbonate.
  • GreenLiT™ was created to widely commercialize the DLP™ process and sustainably meet the booming demand for battery-grade lithium end-products in a highly water and energy efficient manner with minimal environmental impact.

BETR ANNOUNCES 2024 ONLINE SPORTS BETTING AND IGAMING EXPANSION PLANS

Retrieved on: 
Tuesday, January 23, 2024
JV, Social media, Partnership, DBA, Sport, Economics, Sportsbook, Marketing, The Cordish Companies, NFL, MGC, Fantasy sport

MIAMI, Jan. 23, 2024 /PRNewswire/ -- Betr Holdings, Inc. (Betr), the Miami-based sports gaming and sports media company, today announced new market access deals for online sportsbook and casino in Pennsylvania and for online sportsbook in Colorado and Kentucky. The company has already secured market access in Indiana, has applied for a sports wagering license in Maryland, and is currently live in Ohio, Virginia, and Massachusetts with its beta product. Betr remains on track to launch V1 of its Sportsbook ahead of the 2024 NFL season. The announcement comes on the heels of a highly successful 2023 for Betr, where the company launched its real money fantasy sports product, Betr Picks, ahead of the 2023 NFL season. Betr quickly achieved significant scale via Betr Picks – both with respect to paying users and revenue – and has been able to do so efficiently and profitably as the company has quickly become a leader in real money Fantasy Sports.

Key Points: 
  • Pennsylvania will also be the first state where Betr will launch Betr Casino (pending regulatory approval), its regulated iGaming vertical.
  • In Colorado, Betr has secured online sportsbook market access with Boulter Developments, pending licensing approval from the Colorado Division of Gaming.
  • We plan on replicating this playbook for Betr Sportsbook and Betr Casino after releasing V1 of our Sportsbook later this year.
  • By the end of 2024, we should see a further step change in our scale, while also having successfully laid the foundations of at least four distinct business units: Betr Fantasy, Betr Sportsbook, Betr Casino, and Betr Media."

PowerHouse Data Centers Closes on Site of 800 MW Data Center Campus in Spotsylvania, Virginia

Retrieved on: 
Tuesday, January 23, 2024
Computation, JV, Partnership, Icahn Enterprises, AI, Digital, AREP, Cryptocurrency

MCLEAN, Va. , Jan. 23, 2024 /PRNewswire/ -- PowerHouse Data Centers ("Powerhouse"), a developer and owner of next-generation data centers backed by a joint venture between American Real Estate Partners (AREP) and Harrison Street, today announced the completed purchase of 145 acres in Spotsylvania, Virginia to serve as the site of the PowerHouse 95 data center campus. This purchase marks one of two recent transactions for the JV, following the announced closing on the PowerHouse Reno site.  In addition to closing on PH 95 and PH Reno, PowerHouse has four developments underway in northern Virginia totaling over 700 MW. 

Key Points: 
  • MCLEAN, Va. , Jan. 23, 2024 /PRNewswire/ -- PowerHouse Data Centers ("Powerhouse"), a developer and owner of next-generation data centers backed by a joint venture between American Real Estate Partners (AREP) and Harrison Street, today announced the completed purchase of 145 acres in Spotsylvania, Virginia to serve as the site of the PowerHouse 95 data center campus.
  • PowerHouse Data Centers announces completed purchase of 145 acres in Spotsylvania, VA - home of PowerHouse 95 campus.
  • Powerhouse 95 will serve the data-intensive needs of hyperscale users in northern Virginia, which is currently the largest data center market globally.
  • PowerHouse Data Centers offers turnkey site selection, powered shell, and build-to-suit data center solutions for hyperscalers, data center operators, and multinational companies.

KASU secures $3 million for innovative RWA lending platform

Retrieved on: 
Thursday, January 11, 2024
JV, Faculty, Decentralized finance, Himanshu Yadav, State, Federal, Business, Risk, Risk management, Real, RWA, General partnership, Investment Commission, Automation, Federation, Fintech, Cryptocurrency

Adelaide, Australia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Kasu is a Real World Asset (RWA) business lending protocol that leverages proprietary tech to deliver the most risk-optimised RWA yields in DeFi.

Key Points: 
  • Adelaide, Australia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Kasu is a Real World Asset (RWA) business lending protocol that leverages proprietary tech to deliver the most risk-optimised RWA yields in DeFi.
  • This level of advocacy showcases the broad support for Kasu's mission to revolutionise RWA lending and risk management technology.
  • ”
    The capital raised will be allocated towards advancing Kasu's innovative platform that redefines today’s RWA lending ‘standard’ through proprietary technology that optimises businesses’ cash flows to improve credit risk, ultimately delivering superior risk management and higher quality yields.
  • The experience of the Kasu team spans across both these worlds and puts them in a great position to build these rails for the future.”
    For more information on Kasu and its innovative RWA platform, please visit Kasu's Official Website or contact their media team for inquiries.