MHI

Amundi US Announces Portfolio Management Changes for Pioneer Municipal Closed-End Funds

Retrieved on: 
Thursday, February 15, 2024

Amundi US today announced portfolio management changes for the following Pioneer closed-end municipal bond funds, effective February 28, 2024.

Key Points: 
  • Amundi US today announced portfolio management changes for the following Pioneer closed-end municipal bond funds, effective February 28, 2024.
  • Pioneer Municipal High Income Advantage Fund, Inc. (NYSE: MAV)
    Pioneer Municipal High Income Fund, Inc. (NYSE: MHI)
    Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO)
    Effective February 28, 2024, the following individuals are responsible for the day-to-day management of the Funds.
  • Jake joined Amundi US in February 2024 as Managing Director, Director of Municipals, and Portfolio Manager.
  • Previously, Jake was Managing Director and Senior Portfolio Manager at Macquarie Investment Management, which he joined in 2004.

Mitsubishi Power Receives Order for State-of-the-Art JAC Series GTCC Power Plant for Uzbekistan Navoi 3 Power Plant Project

Retrieved on: 
Tuesday, February 13, 2024

This is the third order received by Mitsubishi Power for GTCC equipment for the Navoi Power Plant.

Key Points: 
  • This is the third order received by Mitsubishi Power for GTCC equipment for the Navoi Power Plant.
  • Mitsubishi Power had previously supplied GTCC power generation equipment for the nearby power plants Navoi 1 and Navoi 2, which started operations in 2013 and 2019, respectively.
  • Mitsubishi Power has received many orders for large-scale gas turbines in Uzbekistan, including state-of-the-art JAC and F series.
  • Going forward, Mitsubishi Power will continue to support the stable and efficient operation of the electric power business for the realization of energy transition in Uzbekistan.

MHI Concludes Nissay Positive Impact Finance Agreement

Retrieved on: 
Friday, February 9, 2024

TOKYO, Feb 9, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Nissay Positive Impact Finance (Note1) agreement with Nippon Life Insurance Company (Nippon Life) (contract amount: JPY 6.0 billion yen).

Key Points: 
  • TOKYO, Feb 9, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Nissay Positive Impact Finance (Note1) agreement with Nippon Life Insurance Company (Nippon Life) (contract amount: JPY 6.0 billion yen).
  • Positive Impact Finance (PIF) is a loan intended to provide continuous support for corporate activities while comprehensively analyzing and evaluating the impacts (both positive and negative) that those activities have on the environment, society, and the economy, based on the Principles for Positive Impact Finance and implementation guidelines formulated by the United Nations Environment Programme Finance Initiative (UNEP FI).
  • The Principles for Positive Impact Finance, formulated by the UNEP FI in January 2017, is a financial framework for achieving SDGs.
  • (1) Nissay Positive Impact Finance is ESG-themed investment provided by Nippon Life.

MHI Contributes to Successful Acquisition of First Observation Images by JAXA's "XRISM" X-ray Imaging and Spectroscopy Mission Satellite

Retrieved on: 
Friday, February 9, 2024

MHI technology supported the data acquisition of the distribution and chemical composition of high-temperature plasma weaving through the galaxies by the XRISM satellite's onboard soft X-ray imager (Xtend) and soft X-ray spectrometer (Resolve).

Key Points: 
  • MHI technology supported the data acquisition of the distribution and chemical composition of high-temperature plasma weaving through the galaxies by the XRISM satellite's onboard soft X-ray imager (Xtend) and soft X-ray spectrometer (Resolve).
  • XRISM's mission is to document, in unprecedented detail, the formation of stars, galaxies and galaxy clusters.
  • MHI, which serves as manufacturer of the mission instruments, is responsible for designing and manufacturing Xtend's X-ray charge coupled devices (CCD) (Note2) detector and the data processors for Xtend and Resolve.
  • The mission data processors employed on both Xtend and Resolve are "SOI-SOC2" satellite-mounted microprocessor units (MPUs) jointly developed by JAXA and MHI.

Mitsubishi Heavy Industries Achieves Large YoY Growth in Order Intake, Revenue, and Profit in Strong Third Quarter, Raises FY2023 Order Intake and Revenue Guidance

Retrieved on: 
Wednesday, February 7, 2024

- Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.

Key Points: 
  • - Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.
  • Profit attributable to owners of parent (net income) was JPY138.0 billion, an increase of 107.8% year-over-year, with a profit margin of 4.2%.
  • In Energy Systems, strong demand in Gas Turbine Combined Cycle (GTCC) as well as Nuclear Power served to increase order intake.
  • "Performance during the first three quarters of FY2023 was strong, with large year-over-year growth in order intake, revenue, and profit," Hisato Kozawa, MHI Chief Financial Officer commented.

MHI and Worley Awarded FEED Contract for UK's First CO2 Capture Plant at a Cement Production Facility

Retrieved on: 
Tuesday, February 6, 2024

- It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.

Key Points: 
  • - It will capture and store up to 800,000 tons of CO2 annually from the cement plant flue gas by applying proprietary CO2 capture technology.
  • This contract has been awarded in accordance with the progress made by the Padeswood CCS (carbon capture and storage) project planned for the site.
  • MHI was selected after working on the initial competitive Pre-FEED* project study awarded in 2022.
  • The CO2 capture plant could start operation in 2028.

Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

Retrieved on: 
Tuesday, February 6, 2024

The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders.

Key Points: 
  • The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders.
  • The Market Price Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the market price.
  • Shareholders should not draw any conclusions about a fund’s investment performance based on a fund’s current distributions.
  • For performance data on Amundi US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

MODEX-The Biggest Manufacturing and Supply Chain Event of 2024 is Coming to Atlanta March 11-14

Retrieved on: 
Monday, February 5, 2024

When the largest manufacturing and supply chain trade event of 2024, MODEX , returns to Atlanta on March 11 it will include over 1,175 exhibitors from leading solution providers and a comprehensive Educational Conference focusing on best-in-class solutions for manufacturing and supply chain operations.

Key Points: 
  • When the largest manufacturing and supply chain trade event of 2024, MODEX , returns to Atlanta on March 11 it will include over 1,175 exhibitors from leading solution providers and a comprehensive Educational Conference focusing on best-in-class solutions for manufacturing and supply chain operations.
  • This event provides attendees to network and connect with young professionals in the material handling and supply chain industry.
  • MODEX is the largest manufacturing and supply chain expo held in North America and South America.
  • MHI is an international trade association that has represented the material handling, logistics and supply chain industry since 1945.

MHI Thermal Systems to Launch New Air-Conditioner TV Ads Featuring Popular Actor Keiko Kitagawa

Retrieved on: 
Wednesday, January 24, 2024

TOKYO, Jan 24, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a Mitsubishi Heavy Industries (MHI) Group company, is launching new television commercials promoting its lineups of air-conditioners for the Japanese market.

Key Points: 
  • TOKYO, Jan 24, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a Mitsubishi Heavy Industries (MHI) Group company, is launching new television commercials promoting its lineups of air-conditioners for the Japanese market.
  • Both versions, which again feature popular actor Keiko Kitagawa, focus on the new offerings' outstanding comfort, energy savings and clean operation.
  • The new commercials will help publicize MHI Thermal Systems' ability to provide optimal thermal solutions meeting diverse market needs.
  • Visitors to the MHI Thermal Systems website or online social media accounts are sure to enjoy seeing her at her most natural in the behind-the-scenes clips.

MHI Completed manufacturing of Three Replacement Steam Generators for EDF's Nuclear Power Plant

Retrieved on: 
Monday, January 22, 2024

- MHI has been ordered a total of 9 replacement steam generators jointly with Onet Technologies, and plans to manufacture remaining 6 units sequentially

Key Points: 
  • - MHI has been ordered a total of 9 replacement steam generators jointly with Onet Technologies, and plans to manufacture remaining 6 units sequentially
    - Contributing to the stable operation of nuclear power through the manufacture of steam generators, which require safety and reliability
    TOKYO, Jan 22, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) held a ceremony for shop manufacturing completion of three replacement steam generators for "lectricit" de France S.A. (EDF)'s Nuclear Power Plant in France at MHI's Kobe facilities on the 19th.
  • MHI has been ordered a total of 9 replacement steam generators from EDF.
  • MHI has been working on business of nuclear equipment in nuclear power markets worldwide and has supplied a total of 31 replacement steam generators to several countries, France, Belgium and the U.S, 15 units out of 31 units were for EDF.
  • Through the manufacture of replacement steam generators, MHI will pass on to the next generation the technological expertise accumulated as a nuclear power plant supplier.