IRR

In world premiere, TrinaTracker launches optimal combination solution composed of newly upgraded Vanguard 1P and 700W+ modules

Retrieved on: 
Tuesday, December 19, 2023
Cloud, Map, Vanguard, BOS, RMB, IRR, Safety, Climate, Algorithm, Renewable energy

SUQIAN, China, Dec. 19, 2023 /PRNewswire/ -- TrinaTracker has launched its optimal combination intelligent tracking solution composed of the newly upgraded Vanguard 1P and 700w+ modules.

Key Points: 
  • SUQIAN, China, Dec. 19, 2023 /PRNewswire/ -- TrinaTracker has launched its optimal combination intelligent tracking solution composed of the newly upgraded Vanguard 1P and 700w+ modules.
  • The upgraded Vanguard 1P, unveiled on December 15, is a high-quality product that offers increased safety and greater reliability.
  • The upgraded Vanguard 1P is equipped with the latest proprietary SuperTrack smart algorithm and the Trina Smart Cloud monitoring platform.
  • Compared with 630W modules, using the combination of newly upgraded Vanguard 1P and 700W+ modules can lower BOS costs by RMB 0.038/W and improve IRR by up to 0.4% under typical working conditions in flat terrains."

Clairvest Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Tuesday, November 14, 2023
Sale, Policy, CVG, Mountain West Conference, Defense, CEP, TSX, Government, IRR, Rare-earth element, Reinsurance, Cryptocurrency, Arrowhead, Genie Music

TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2024 second quarter and six months ended September 30, 2023.

Key Points: 
  • TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2024 second quarter and six months ended September 30, 2023.
  • The decrease in book value for the quarter was attributable to a net loss for the quarter of $44.0 million, or $2.93 per share.
  • In August 2023, and as previously announced in the first quarter press release, Clairvest and CEP VI completed the sale of Arrowhead.
  • Subsequent to quarter end, Clairvest repurchased for cancellation 340,100 of its common shares at a price of $74.00 per share, or a total cost of $25.2 million, from a passive shareholder.

Standard Lithium Reports Fiscal First Quarter 2024 Results

Retrieved on: 
Friday, November 10, 2023
Lithium, Smackover Formation, Economics, NYSE, GMP, EDGAR, SandRidge Energy, FRA, Bank statement, Exercise, Probability, Public expenditure, PFS, LHM, Arkansas Project, CDN, DFS, Koch Industries, Bromine, Retirement, Growth, NPV, SLI, SWA, IRR, Renewable energy, Management

VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced its financial and operating results for the fiscal first quarter 2024 ended September 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced its financial and operating results for the fiscal first quarter 2024 ended September 30, 2023.
  • “This quarter has marked a pivotal advancement in our journey towards establishing a new benchmark for scalable and sustainable lithium production in the United States.
  • The costs associated with the drilling program, in addition to the delivery of the DFS and PFS, accounted for our major expenditures this quarter.
  • Mr. Gamoudi’s financial acumen and strategic insight are poised to play a critical role in Standard Lithium’s journey toward commercialization and operational excellence.

Webster Signs Definitive Agreement to Acquire Ametros

Retrieved on: 
Thursday, December 14, 2023
Banking, Professional Services, Insurance, Finance, Acquisition, NYSE, WBS, Webster, HSA Bank, Webster Bank, Hall, FDIC, Growth, IRR, Bank

Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.

Key Points: 
  • Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A.
  • ("Webster") has signed a definitive agreement to acquire Ametros Financial Corp (“Ametros”), a custodian and administrator of medical funds from insurance claim settlements, from funds managed by Long Ridge Equity Partners (“Long Ridge”).
  • Ametros, the nation’s largest professional administrator of medical insurance claim settlements, helps individuals manage their ongoing medical care through their CareGuard service and proprietary technology platform.
  • Upon the close of the transaction, Ametros will operate as a subsidiary of Webster.

Vistara Growth Announces US$150M Initial Closing for Latest Technology Focused Private Credit Fund

Retrieved on: 
Wednesday, December 13, 2023
Software, Banking, Networks, Internet, Professional Services, Hardware, Data Management, Technology, Security, Finance, Consulting, Telecommunications, Private credit, Partner (business rank), Projection, Silicon Valley Bank, Investment, Sanskrit, Silicon, Growth, News, Environment, Preqin, IRR, Renewable energy, Security (finance)

Vistara Growth (“Vistara”) today announced an initial closing at over US$150 million for Vistara Technology Growth Fund V LP (“Fund V”) towards its target of US$400 million.

Key Points: 
  • Vistara Growth (“Vistara”) today announced an initial closing at over US$150 million for Vistara Technology Growth Fund V LP (“Fund V”) towards its target of US$400 million.
  • The closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners.
  • Since inception in 2015, Vistara has raised over US$500 million, primarily from non-institutional sources such as family offices, entrepreneurs, and private foundations, predominantly based in British Columbia.
  • The growth in demand for Private Credit has also been fuelled by the higher interest rate environment and ongoing challenges for regulated bank lenders.

North American Truck Hydrogen Infrastructure Market Report 2023: Number of Hydrogen Refueling Stations will Likely Grow from 186 in 2025 to 7,210 by 2035 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 7, 2023
Alternative Vehicles, Fuels, Automotive, Hydrogen, HD, Internal rate of return, FCEV, Transport, IRR, Propane, Coal

The "Growth Opportunities in the North American Hydrogen Infrastructure Market for Trucks" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities in the North American Hydrogen Infrastructure Market for Trucks" report has been added to ResearchAndMarkets.com's offering.
  • The total number of hydrogen refueling stations will likely grow from 186 in 2025 to 7,210 by 2035.
  • The report offers stakeholders insights into this rapidly growing market to enable them to explore and monetize emerging opportunities.
  • Number of hydrogen refueling stations expected to come in North America catering to trucks by 2035?

Simandou iron ore project update

Retrieved on: 
Tuesday, December 5, 2023
Mining, Minerals, Natural Resources, Iron, Element, Rio Tinto, Block, Resource, Mineral Resources Limited, TSV, Government, Fe, China Harbour Engineering Company, S&P/ASX 300, IRR, CRU, Rio Tinto (corporation), Tinto, ASX, China Hongqiao Group, Partnership, Competent person, Silicon dioxide, Life, Blast furnace, WCS, Metallurgy, CTG, Competence, Mineral resource classification, Republic, Iron ore, Rail transport, Oil, Simandou, Mineral

Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 (WCS), Baowu and the Republic of Guinea.

Key Points: 
  • Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 (WCS), Baowu and the Republic of Guinea.
  • Simandou is the world’s largest untapped high-grade iron ore deposit.
  • 3 Refer to “Simandou Mineral Resources and Ore Reserves” section at page 4 below.
  • Based on Wood Mackenzie and CRU average pricing for iron ore (65% grade), with a premium applied for DR product.

Nighthawk and Moneta Announce At-Market Merger to Create a Leading Canadian Gold Development Company

Retrieved on: 
Tuesday, November 28, 2023
Mining, Minerals, Natural Resources, Sale, Economics, Engineering, Interim, Toronto Stock Exchange, Feasibility study, Project, Tower, Sky (New Zealand), Arrangement, Name, Senior Officer Present Afloat, TSX, News, Model Business Corporation Act, NHK, ESG, Transaction, OTCQX, MOPA, Gold, Multimedia, G&A, Qualified person (European Union), Underwriting, Person, Cobham Technical Services, Feasibility, IRR, FSE, Geology, Par value, Prospectus, Consolidation, LLP, Warrant, Inference, Nature, Name change, Master of Science, Concurrency, Regulation, Security (finance), Bank, Management, Renewable energy, Risk management, Financial adviser, Audit, Lease, Holding company, Commercial property

Keyvan Salehi, President, CEO and Director of Nighthawk, and Josef Vejvoda, Interim CEO & Chairman of Moneta, jointly commented: “We believe that the Transaction presents an exciting opportunity to create a leading gold development company by bringing together two cornerstone assets in Canada.

Key Points: 
  • Keyvan Salehi, President, CEO and Director of Nighthawk, and Josef Vejvoda, Interim CEO & Chairman of Moneta, jointly commented: “We believe that the Transaction presents an exciting opportunity to create a leading gold development company by bringing together two cornerstone assets in Canada.
  • MergeCo will be underpinned by a considerable mineral resource of 7.8 million gold ounces in the Indicated category and 10.0 million gold ounces in the Inferred category1.
  • Potential to utilize excess mill capacity in proximity to the Tower Gold Project and accelerate towards near-term cash flow.
  • Synergies – Potential to unlock both G&A and operational efficiencies with seasonal workflow sequencing, staggered and phased development of the Projects.

Evolution Credit Partners Announces Growth of Trade Finance Strategy

Retrieved on: 
Thursday, December 7, 2023
Growth, Medicaid, Entrepreneurship, Face, IRR, Financial services, Medicare, Evolution

BOSTON and NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Evolution Credit Partners Management ("Evolution" or the "Firm), an alternative credit firm with approximately $3 billion in assets under management, announced today the close of two new trade finance facilities to add to its growing trade finance portfolio of ~$1.5 billion in total volume since inception.

Key Points: 
  • BOSTON and NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Evolution Credit Partners Management ("Evolution" or the "Firm), an alternative credit firm with approximately $3 billion in assets under management, announced today the close of two new trade finance facilities to add to its growing trade finance portfolio of ~$1.5 billion in total volume since inception.
  • The two recent transactions support Evolution's ongoing growth initiatives within the trade finance space.
  • Evolution is focused on the high yield space, providing companies and their owners solutions to support growth through additional liquidity, growth capital and improved vendor/supplier relationships.
  • In addition to Evolution's trade finance business, Evolution has an established leveraged finance business.

Group 11 strikes $20M deal with StepStone Group and Industry Ventures for second fund holdings

Retrieved on: 
Thursday, December 7, 2023
Investment, Silicon, LOS, NeXT, HomeLight, StepStone Group, Partnership, Group 11 element, Like a Boss (film), Heel, Growth, Mohammad Mohammadi-Malayeri, IRR, Financial services, Bank, Tipalti

LOS ANGELES, Dec. 7, 2023 /PRNewswire/ -- Leading venture capital firm Group 11 has partnered with StepStone Group, a global private markets investment firm, and with Industry Ventures, a leading investment firm focused on private technology investments, through a $20M secondary transaction to acquire 12% of Group 11's second fund. The parties closed the deal directly, without the involvement of any placement agent or investment bank.

Key Points: 
  • The deal enabled investors in Group 11's second fund (2015 vintage) to realize their positions partially or entirely.
  • Through this deal, participating Group 11 investors received a ~3X net cash on cash return, representing a 20% net IRR on their investment.
  • This is the second deal we have executed with StepStone since 2022 and this is the first deal with Industry Ventures.
  • This deal with StepStone and Industry Ventures comes on the heels of significant growth in Group 11's assets under management.