ABN

EQS-News: ENCAVIS successfully signed project refinancing agreements for Spanish solar parks Talayuela & La Cabrera of EUR 203 million

Retrieved on: 
Wednesday, March 13, 2024

Hamburg, 7th March 2024 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has signed two non-recourse project refinancing agreements in a total amount of EUR 203 million for its operating solar plants Talayuela and La Cabrera, Spain.

Key Points: 
  • Hamburg, 7th March 2024 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has signed two non-recourse project refinancing agreements in a total amount of EUR 203 million for its operating solar plants Talayuela and La Cabrera, Spain.
  • Both refinancing transactions have been structured, arranged, and managed by ENCAVIS' inhouse Project Finance team.
  • While ABN AMRO, Rabobank and Bankinter are financing partners of ENCAVIS for years, NatWest provides project financing to ENCAVIS for the first time.
  • In total, the refinancing includes EUR 181.5 million Term Loan Facilities (hedged by interest rate swaps), as well as EUR 13 million Letter of Credit Facilities and EUR 8.5 million Debt Service Reserve Facilities.

Revolutionary Partnership Between iCause and CheapBills is Changing the Fundraising Landscape in Australia

Retrieved on: 
Monday, February 26, 2024

MELBOURNE, Australia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- As the cost-of-living crisis of 2024 continues to impact charities and fundraisers in Australia, a dynamic collaboration between iCause and CheapBills is poised to reshape the landscape of fundraising.

Key Points: 
  • MELBOURNE, Australia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- As the cost-of-living crisis of 2024 continues to impact charities and fundraisers in Australia, a dynamic collaboration between iCause and CheapBills is poised to reshape the landscape of fundraising.
  • What sets iCause apart is its world-first Switch and Donate utility feature, a unique solution that allows supporters to contribute to their favourite causes without spending a cent.
  • Powered by a partnership with CheapBills & moveinconnect , an Australian Utility comparison service ABN number 66 168 166 667, iCause transforms the act of switching utility providers into a donation opportunity.
  • iCause, a platform dedicated to positive change, announces open partnership opportunities with charities, schools, community groups, sports clubs, and individuals.

Wolters Kluwer 2023 Full-Year Report

Retrieved on: 
Wednesday, February 21, 2024

In 2023, Wolters Kluwer generated over 60% of its revenues and adjusted operating profit in North America.

Key Points: 
  • In 2023, Wolters Kluwer generated over 60% of its revenues and adjusted operating profit in North America.
  • Legal Regulatory: we expect full-year 2024 organic growth to be in line with prior year (FY 2023: 4%).
  • Wolters Kluwer uses its free cash flow to invest in the business organically and through acquisitions, to maintain optimal leverage, and to provide returns to shareholders.
  • Wolters Kluwer remains committed to a progressive dividend policy, under which we aim to increase the dividend per share in euros each year, independent of currency fluctuations.

Citi Collaborates with Wellington Management and WisdomTree to Explore Tokenization of Private Markets

Retrieved on: 
Wednesday, February 14, 2024

Today, Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree.

Key Points: 
  • Today, Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree.
  • Private markets, although a $10 trillion asset class1, are characterized by an infrastructure that is complex and manual, with a lack of standardization and transparency, leading to inefficient distribution and operations.
  • The underlying fund distribution rules were encoded into the smart contract and embedded in the token transferred to hypothetical WisdomTree clients.
  • We look forward to continuing to collaborate with Citi, strong, long-term partners who are providing meaningful developments and thought leadership in the blockchain space,” said Mark Garabedian, Director, Digital Assets & Tokenization Strategy, Wellington Management.

CME Group Inc. Names Slate of Director Nominees

Retrieved on: 
Thursday, February 8, 2024

CHICAGO, Feb. 8, 2024 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today announced its slate of candidates for its board of directors for election at the company's annual meeting to be held Thursday, May 9, 2024.

Key Points: 
  • CHICAGO, Feb. 8, 2024 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today announced its slate of candidates for its board of directors for election at the company's annual meeting to be held Thursday, May 9, 2024.
  • In addition, the CME Group Nominating and Governance Committee is recommending the following individuals for election by CME Group's Class B shareholders.
  • CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates , equity indexes , foreign exchange , energy , agricultural products and metals .
  • In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.

Oppenheimer Further Expands Public Finance Banking Team with Appointments of Kristin Stephens and David Moffett

Retrieved on: 
Thursday, February 8, 2024

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading financial services firm and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that Kristin Stephens and David Moffett have joined the Public Finance team as Managing Directors. Ms. Stephens will be based in New York and serve as Head of the Northeast Region while Mr. Moffett will work out of Atlanta and be Head of the Southeast Region. Each will report to Elizabeth (Beth) Coolidge, the newly appointed Head of Public Finance.

Key Points: 
  • Each will report to Elizabeth (Beth) Coolidge, the newly appointed Head of Public Finance.
  • "We are thrilled to have Kristin and David join our team," said Coolidge, who leads the Public Finance team from Chicago.
  • These appointments bolster Oppenheimer's Public Finance team, which includes approximately 25 professionals.
  • I am excited to join such a forward-thinking team and to help enhance Oppenheimer's Public Finance capabilities in the Southeast Region."

General Atlantic Announces Close of Investment in funda

Retrieved on: 
Tuesday, February 6, 2024

General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.

Key Points: 
  • General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.
  • With the close of the transaction, General Atlantic holds 1,224,603 shares, representing a 24% interest in funda.
  • General Atlantic plans to partner with funda and NVM Holding, along with STAK, to support funda’s continued leadership position in the market.
  • NVM Holding looks forward to contributing to the further growth and development of funda together with General Atlantic and STAK.”
    Marcel de Groot, chairman of STAK, said: “General Atlantic is a committed shareholder with whom NVM Holding, STAK, and funda will work together as partners.

Gary Anetsberger Joins Allant Group's Board of Directors

Retrieved on: 
Thursday, February 1, 2024

DOWNERS GROVE, Ill., Feb. 1, 2024 /PRNewswire/ -- Allant Group LLC, a data activation solution provider, is pleased to announce Gary Anetsberger has joined the company's Board of Directors. This appointment advances essential industry leadership helping usher in a new era for Allant Group as it brings to market new proprietary technology and access to data that disrupts the current industry rules.

Key Points: 
  • DOWNERS GROVE, Ill., Feb. 1, 2024 /PRNewswire/ -- Allant Group LLC, a data activation solution provider, is pleased to announce Gary Anetsberger has joined the company's Board of Directors.
  • Mr. Anetsberger currently serves as Executive Chairman for Inspira Financial (fka Millennium Trust), where he continues to play a key role in the company's vision and evolution.
  • Michael Fisher, CEO of Allant Group adds, "Gary's appointment to the Allant board further strengthens our vision of extending our unbundled data activation technology beyond consumer-focused marketing organizations.
  • For more information about Allant Group and their data activation, analytics, martech integration, and customer experience management capabilities, please click here .

Rapidan Energy Group Welcomes Michael Muhlbach and John Renfro to Executive Sales Team

Retrieved on: 
Thursday, January 25, 2024

WASHINGTON, Jan. 25, 2024 /PRNewswire/ -- Rapidan Energy Group has welcomed two new sales executives, Michael Muhlbach, and John Renfro, to support the firm's growing client base and pursue growth opportunities in New York and Houston.

Key Points: 
  • WASHINGTON, Jan. 25, 2024 /PRNewswire/ -- Rapidan Energy Group has welcomed two new sales executives, Michael Muhlbach, and John Renfro, to support the firm's growing client base and pursue growth opportunities in New York and Houston.
  • The addition of John and Michael complements the firm's broadening and deepening research, data, and advisory services in global energy markets, policy, and geopolitics.
  • Michael Muhlbach joins Rapidan as Vice President of Investor Solutions and will be based in New York City.
  • John Renfro joins Rapidan as Vice President of Business Development and will be based in Houston, Texas.

Appointment of Chair Designate

Retrieved on: 
Saturday, January 13, 2024

Hugh Scott-Barrett will assist Declan Moylan, in his capacity as Chair of the Nomination Committee, in bringing to a conclusion the Company’s ongoing succession process for the CEO.

Key Points: 
  • Hugh Scott-Barrett will assist Declan Moylan, in his capacity as Chair of the Nomination Committee, in bringing to a conclusion the Company’s ongoing succession process for the CEO.
  • Hugh, as Chair Designate, will oversee the I-RES Strategic Review (“Strategic Review”) announced on 8 January 2024.
  • “I am pleased to confirm the decision to appoint Hugh Scott-Barrett to the role of Chair.
  • “I look forward to working with the Board as Chair.