Libra Group

Americraft Marine Appoints Peter Fetten as Chairman

Retrieved on: 
Monday, April 8, 2024

NEW YORK, April 8, 2024 /PRNewswire/ -- Americraft Marine, one of the maritime subsidiaries of Libra Group that owns and operates a Jones Act ship building facility in Palatka, Florida, has announced the appointment of Peter Fetten as Chairman of Americraft.

Key Points: 
  • NEW YORK, April 8, 2024 /PRNewswire/ -- Americraft Marine, one of the maritime subsidiaries of Libra Group that owns and operates a Jones Act ship building facility in Palatka, Florida, has announced the appointment of Peter Fetten as Chairman of Americraft.
  • A seasoned leader with four decades in the marine engineering and shipbuilding sectors, Fetten will help shape the strategic direction of Americraft Marine as it works to advance U.S. shipbuilding and the demand for Jones Act vessels.
  • Peter Fetten, Chairman of Americraft, said, "We are at a pivotal moment in American shipbuilding, which is the cornerstone of economic competitiveness.
  • Americraft Marine is one of three maritime subsidiaries of Libra Group, a privately owned business group whose 20 subsidiaries have assets and operations in nearly 60 countries.

Greenwood Sustainable Infrastructure (GSI)-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada

Retrieved on: 
Wednesday, January 24, 2024

Iyuhána Solar partnership with GSI, Saturn Power, and Canadian Indigenous peoples Ocean Man First Nation awarded Canada's largest solar utility PPA since 2015 to develop, construct, and operate solar project in Saskatchewan.

Key Points: 
  • Iyuhána Solar partnership with GSI, Saturn Power, and Canadian Indigenous peoples Ocean Man First Nation awarded Canada's largest solar utility PPA since 2015 to develop, construct, and operate solar project in Saskatchewan.
  • Developed in partnership with Ocean Man First Nation, the project will be one of Canada's top 10 solar facilities by size.
  • "We are proud to bring the transformative power of solar energy to Saskatchewan by working with partners such as Ocean Man First Nation," said Mazen Turk, CEO of GSI.
  • As a founding partner, Ocean Man First Nation will have an ownership stake in Iyuhána Solar.

Libra Group Launches World's First Dedicated Space Leasing Company

Retrieved on: 
Monday, June 26, 2023

NEW YORK, June 26, 2023 /PRNewswire/ -- Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, has launched the world's first space leasing company dedicated to the full spectrum of space assets. Building on the Group's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.

Key Points: 
  • NEW YORK, June 26, 2023 /PRNewswire/ -- Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, has launched the world's first space leasing company dedicated to the full spectrum of space assets.
  • Building on the Group's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.
  • In the near future, SLI's diversified portfolio of space assets will also expand to large and small assets critical to the space economy, including satellites, spaceports, and other space infrastructure.
  • According to The Space Foundation, today's commercial space industry is experiencing rapid growth, with the space economy projected to exceed $1 trillion by 2040.

Libra Group Launches World's First Dedicated Space Leasing Company

Retrieved on: 
Tuesday, June 20, 2023

NEW YORK, June 20, 2023 /PRNewswire/ -- Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, has launched the world's first space leasing company dedicated to the full spectrum of space assets. Building on the Group's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.

Key Points: 
  • NEW YORK, June 20, 2023 /PRNewswire/ -- Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, has launched the world's first space leasing company dedicated to the full spectrum of space assets.
  • Building on the Group's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.
  • In the near future, SLI's diversified portfolio of space assets will also expand to large and small assets critical to the space economy, including satellites, spaceports, and other space infrastructure.
  • According to The Space Foundation, today's commercial space industry is experiencing rapid growth, with the space economy projected to exceed $1 trillion by 2040.

Libra Group Launches World's First Dedicated Space Leasing Company

Retrieved on: 
Tuesday, June 20, 2023

NEW YORK, June 20, 2023 /PRNewswire/ -- Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, has launched the world's first space leasing company dedicated to the full spectrum of space assets. Building on the Group's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.

Key Points: 
  • NEW YORK, June 20, 2023 /PRNewswire/ -- Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, has launched the world's first space leasing company dedicated to the full spectrum of space assets.
  • Building on the Group's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.
  • In the near future, SLI's diversified portfolio of space assets will also expand to large and small assets critical to the space economy, including satellites, spaceports, and other space infrastructure.
  • According to The Space Foundation, today's commercial space industry is experiencing rapid growth, with the space economy projected to exceed $1 trillion by 2040.

Greenwood Sustainable Infrastructure (GSI) Enhances Renewable Energy Platform with Strategic Acquisition of Saturn Power

Retrieved on: 
Thursday, April 13, 2023

NEW YORK, April 13, 2023 /PRNewswire/ -- Greenwood Sustainable Infrastructure (GSI), the North American renewable energy subsidiary of Libra Group, has announced the strategic acquisition of the solar and battery development portfolios of Saturn Power, including its team of seasoned developers and an approximate 1.4-gigawatt (GW) pipeline of early to late-stage solar and energy storage projects in five U.S. states and two Canadian provinces.

Key Points: 
  • "With this acquisition, the integration of both management teams will dramatically increase our capabilities in developing efficient, effective, and essential renewable energy projects nationwide.
  • This also represents the next step in our strategic goal to grow our pipeline to the 5 GW mark of clean power by 2029."
  • "When we founded Saturn Power 16 years ago, our mission was to build an organization that focused on developing a sustainable environment for future generations through the advancement of clean, renewable energy," said Doug Wagner, Co-Founder, President and CEO of Saturn Power.
  • This acquisition takes the overall renewable energy portfolio of Libra Group to 3 GW of projects owned, developed, or pending development in eight countries.

Libra Group Announces Praveen Vetrivel as Chief Financial Officer

Retrieved on: 
Wednesday, March 1, 2023

NEW YORK, March 1, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, announced the appointment of Praveen Vetrivel as its new Chief Financial Officer (CFO), effective April 25, 2023. He will be based in the Group's New York City headquarters.

Key Points: 
  • NEW YORK, March 1, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, announced the appointment of Praveen Vetrivel as its new Chief Financial Officer (CFO), effective April 25, 2023.
  • Vetrivel is a veteran of Libra Group, having started at LCI, the Group's aviation subsidiary, as a Commercial Analyst in 2008.
  • Over the years, Vetrivel rose through the ranks, first becoming Vice President of Structured Finance in 2013 and eventually becoming LCI's Chief Financial Officer in 2020.
  • "Praveen's promotion to Libra Group represents the ethos across our Group to identify and create opportunities for deserving talent.

Libra Group Announces Praveen Vetrivel as Chief Financial Officer

Retrieved on: 
Wednesday, March 1, 2023

NEW YORK, March 1, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, announced the appointment of Praveen Vetrivel as its new Chief Financial Officer (CFO), effective April 25, 2023. He will be based in the Group's New York City headquarters.

Key Points: 
  • NEW YORK, March 1, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, announced the appointment of Praveen Vetrivel as its new Chief Financial Officer (CFO), effective April 25, 2023.
  • Vetrivel is a veteran of Libra Group, having started at LCI, the Group's aviation subsidiary, as a Commercial Analyst in 2008.
  • Over the years, Vetrivel rose through the ranks, first becoming Vice President of Structured Finance in 2013 and eventually becoming LCI's Chief Financial Officer in 2020.
  • "Praveen's promotion to Libra Group represents the ethos across our Group to identify and create opportunities for deserving talent.

Libra Group Announces Richard Blaksley as Chief Risk and Compliance Officer

Retrieved on: 
Tuesday, January 31, 2023

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, has announced the appointment of Richard Blaksley as the Group's first-ever Chief Risk and Compliance Officer, effective February 6, 2023.

Key Points: 
  • NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, has announced the appointment of Richard Blaksley as the Group's first-ever Chief Risk and Compliance Officer, effective February 6, 2023.
  • A veteran leader with more than 30 years of senior management and risk management consulting experience in private and public sectors, Blaksley will ensure corporate compliance and manage risk across Libra Group's global businesses.
  • Richard's appointment is a critical next step in a corporate foundation that allows us to grow and scale around the world responsibly," said Manos Kouligkas, Chief Executive Officer of Libra Group.
  • While we continue to grow, our Group will be guided by an institutional framework that manages financial and non-financial risk and elevates accountability," said Nicholas Logothetis, Vice Chairman of the Board of Libra Group.

Libra Group Announces Richard Blaksley as Chief Risk and Compliance Officer

Retrieved on: 
Tuesday, January 31, 2023

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, has announced the appointment of Richard Blaksley as the Group's first-ever Chief Risk and Compliance Officer, effective February 6, 2023.

Key Points: 
  • NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, has announced the appointment of Richard Blaksley as the Group's first-ever Chief Risk and Compliance Officer, effective February 6, 2023.
  • A veteran leader with more than 30 years of senior management and risk management consulting experience in private and public sectors, Blaksley will ensure corporate compliance and manage risk across Libra Group's global businesses.
  • Richard's appointment is a critical next step in a corporate foundation that allows us to grow and scale around the world responsibly," said Manos Kouligkas, Chief Executive Officer of Libra Group.
  • While we continue to grow, our Group will be guided by an institutional framework that manages financial and non-financial risk and elevates accountability," said Nicholas Logothetis, Vice Chairman of the Board of Libra Group.