Orix

ORIX Corporation USA Completes Equity Investment in Texas Wind Power Farm

Retrieved on: 
Wednesday, September 28, 2022

ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment by its Strategic Solutions group in a 150 MW wind power farm located near Amarillo, TX.

Key Points: 
  • ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment by its Strategic Solutions group in a 150 MW wind power farm located near Amarillo, TX.
  • The wind power farm consists of 75 wind turbines that supply electricity to communities in Armstrong and Carson counties and surrounding areas.
  • This transaction is ORIX USAs first investment in U.S. wind energy and represents the platforms growing focus on renewables through strategic, innovative investments in solar, biofuel and wind projects.
  • In the past two years, ORIX USAs parent company ORIX Group has also made a significant investment in global renewable energy company Elawan Energy S.L.

Snowden Lane Partners Recognized on the Barron’s Top 100 RIA Firms List for Third Consecutive Year

Retrieved on: 
Wednesday, September 21, 2022

This is the third consecutive year that Snowden Lane has been named to the list, which showcases the top independent RIA firms nationally.

Key Points: 
  • This is the third consecutive year that Snowden Lane has been named to the list, which showcases the top independent RIA firms nationally.
  • As thrilling as it is to be named to this list, Im equally excited for Snowden Lane to continue its growth going forward.
  • Barrons has garnered tremendous respect across the wealth management industry, which only makes our inclusion on this list more rewarding, said Lyle LaMothe, Chairman of Snowden Lane Partners.
  • The Barrons Top 100 Registered Investment Adviser Firms list includes firms across 27 states.

Hannah Blitzer Joins Boston Financial to Lead Its Subsidiary CDFI American Community Capital

Retrieved on: 
Thursday, September 8, 2022

Boston Financial today announced that Hannah Blitzer will join the firm as Senior Director, Impact Investments, to lead American Community Capital (ACC), Boston Financials subsidiary CDFI.

Key Points: 
  • Boston Financial today announced that Hannah Blitzer will join the firm as Senior Director, Impact Investments, to lead American Community Capital (ACC), Boston Financials subsidiary CDFI.
  • Ms. Blitzer will report to and work alongside Sarah Laubinger, Chief Production Officer for Boston Financial.
  • Ms. Blitzer joins Boston Financial with more than 20 years of experience working at the intersection of business and social impact, with expertise in capital strategies, deal structures, project finance, CDFIs, and affordable housing.
  • Boston Financial currently manages a $15.7 billion portfolio comprising over 2,100 communities and more than 500,000 residents, making Boston Financial the largest investment manager in the tax credit industry.

Avolon Agrees Transaction for 20 A330neo Aircraft With Malaysia Aviation Group

Retrieved on: 
Monday, August 15, 2022

Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.

Key Points: 
  • Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft.
  • The transaction comprises the placement of 10 A330neo aircraft from Avolons orderbook and 10 A330neo aircraft to be acquired from MAG via sale and leaseback.
  • Group CEO of Malaysia Aviation Group, Captain Izham Ismail, commented: We are pleased to conclude a strategic understanding with Avolon on the renewal of our widebody fleet modernization through the leaseback arrangement of 10 A330neo aircraft, and acquire another 10 aircraft directly from Airbus.
  • Malaysia Aviation Group (MAG) is a global aviation organisation comprising three focused business portfolios from Airlines, Aviation Services and E-Commerce & Travel Services Businesses.

Scout Clean Energy Sells Persimmon Creek Wind Farm to Evergy

Retrieved on: 
Tuesday, August 9, 2022

KANSAS CITY, Mo., Aug. 9, 2022 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator, and its joint venture partner Elawan Energy, a global operator in the renewable energy industry, today announced they have completed the sale of the 199-megawatt (MW) Persimmon Creek Wind Farm (Persimmon) in western Oklahoma to Evergy, Inc (NYSE: EVRG) for a total consideration of approximately $250 million.

Key Points: 
  • KANSAS CITY, Mo., Aug. 9, 2022 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator, and its joint venture partner Elawan Energy, a global operator in the renewable energy industry, today announced they have completed the sale of the 199-megawatt (MW) Persimmon Creek Wind Farm (Persimmon) in western Oklahoma to Evergy, Inc (NYSE: EVRG) for a total consideration of approximately $250 million.
  • Michael Rucker, CEO and founder of Scout Clean Energy, said, "The Persimmon Creek Wind Farm has been a reliable source of renewable energy over the last four years making it a solid investment for Scout.
  • "We are delighted that Evergy has agreed to purchase Persimmon from Scout which will serve Evergy's renewable energy plans well over the coming years.
  • Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets.

Evergy to purchase 199 MW Persimmon Creek Wind Farm from Scout Clean Energy and Elawan Energy

Retrieved on: 
Tuesday, August 9, 2022

Evergy and a partnership between Scout Clean Energy and Elawan Energy announced today that Evergy will purchase the 199-megawatt Persimmon Creek Wind Farm in western Oklahoma for a purchase price of about $250 million.

Key Points: 
  • Evergy and a partnership between Scout Clean Energy and Elawan Energy announced today that Evergy will purchase the 199-megawatt Persimmon Creek Wind Farm in western Oklahoma for a purchase price of about $250 million.
  • The renewable energy from this wind farm will serve customers in the Evergy Missouri West service area.
  • Evergys commitment to affordable, reliable, and sustainable electricity drives our planning, and Persimmon Creek Wind Farm supports those three tenants, Campbell said.
  • Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets.

2022 Second Quarter Results

Retrieved on: 
Tuesday, July 26, 2022

Following the effective date of 15 July, the total facility size will be $745 million.

Key Points: 
  • Following the effective date of 15 July, the total facility size will be $745 million.
  • - As announced separately today, Avolons founding CEO, Dmhnal Slattery, has informed the Board of his intention to step down from his executive role and from the Board later in 2022.
  • - In addition, Paul Geaney, Avolons Chief Commercial Officer (CCO) is appointed to the role of President & CCO with immediate effect.
  • Avolon is a global leader in aircraft leasing with an owned, managed and committed fleet, as of 30 June 2022 of 851 aircraft.

Avolon Announces Leadership Transition

Retrieved on: 
Tuesday, July 26, 2022

Dmhnal will work closely with new CEO Andy Cronin over the coming months, to ensure an effective transition of leadership.

Key Points: 
  • Dmhnal will work closely with new CEO Andy Cronin over the coming months, to ensure an effective transition of leadership.
  • Dmhnal Slattery, Avolon CEO, commented: We have built Avolon from a start-up 12 years ago to become a global industry leader.
  • I am proud to step away from Avolon, leaving the business in a strong financial and competitive position, and in the hands of a leadership team which I know will continue to excel.
  • Avolon is the worlds second largest aircraft leasing business with an owned, managed and committed fleet, as of 30 June 2022 of 851 aircraft.

Avolon Agrees Transactions for Over 100 Aircraft in the Second Quarter

Retrieved on: 
Thursday, July 7, 2022

Avolon, the international aircraft leasing company, issues an update for the second quarter of 2022 (Q2).

Key Points: 
  • Avolon, the international aircraft leasing company, issues an update for the second quarter of 2022 (Q2).
  • Headquartered in Ireland, with offices in the United States, Dubai, Singapore, Hong Kong and Shanghai, Avolon provides aircraft leasing and lease management services.
  • Avolon is a global leader in aircraft leasing with an owned, managed and committed fleet, as of 30 June 2022 of 851 aircraft.
  • This document includes forward-looking statements, beliefs or opinions, including statements with respect to Avolons business, financial condition, results of operations and plans.

Avolon Placed in Top 5% of Industry Group With Inaugural Sustainalytics ESG Rating

Retrieved on: 
Thursday, June 30, 2022

Avolon, the international aircraft leasing company, announces that it has received its inaugural Environmental, Social and Governance (ESG) Risk Rating score of 16.0 from Sustainalytics, one of the leading ESG ratings companies in the world.

Key Points: 
  • Avolon, the international aircraft leasing company, announces that it has received its inaugural Environmental, Social and Governance (ESG) Risk Rating score of 16.0 from Sustainalytics, one of the leading ESG ratings companies in the world.
  • Avolon has been recognised by Sustainalytics as being in the Low Risk category, reflecting Avolon's strong performance across a broad range of ESG metrics.
  • Based on a scale of 1000, from highest to lowest risk, Avolons score of 16.0 places it amongst the top 5% of its industry group in terms of its ESG performance.
  • This follows the publication of Avolons inaugural Sustainability Report in February 2022, which can be accessed here: https://www.avolon.aero/thoughts
    Dmhnal Slattery, Avolon CEO commented: Our inaugural ESG rating is an important milestone for Avolon, and our strong rating reflects our commitment to ESG and our rigorous risk management framework.