Development finance institution

DGAP-News: Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank

Retrieved on: 
Friday, January 14, 2022 - 3:06pm

Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank

Key Points: 
  • Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt/Main Higher Regional Court appoints Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis to the Supervisory Board of Aareal Bank
    - Prof. Dr Hermann Wagner: "We welcome the decision taken by the Higher Regional Court.
  • Wiesbaden, 14 January 2022 - With a binding decision, the Frankfurt/Main Higher Regional Court approved the application submitted by Aareal Bank to appoint Messrs Holger Giese, Friedrich Munsberg and Dr Ulrich Theileis as members of Aareal Bank's Supervisory Board, with immediate effect.
  • Prof. Dr Hermann Wagner, the Chairman of the Supervisory Board of Aareal Bank AG, commented: "We welcome the decision taken by the Higher Regional Court.

DGAP-News: Finance in Motion's impact management system receives exceptional ratings in an independent audit

Retrieved on: 
Tuesday, January 11, 2022 - 3:19pm

Frankfurt am Main, 11 January 2021 - Finance in Motion, one of the world's leading impact asset managers, released the results of an independent audit of its impact management system against the Operating Principles for Impact Management (Impact Principles), the leading industry standard for integrating impact management throughout the investment lifecycle.

Key Points: 
  • Frankfurt am Main, 11 January 2021 - Finance in Motion, one of the world's leading impact asset managers, released the results of an independent audit of its impact management system against the Operating Principles for Impact Management (Impact Principles), the leading industry standard for integrating impact management throughout the investment lifecycle.
  • The asset manager received notable ratings across the principles which define common best practices in impact management.
  • BlueMark, an independent and specialized impact verification services provider, conducted this assessment by benchmarking Finance in Motion's impact management system against the Impact Principles.
  • The Impact Principles aim to instill a universally accepted standard around impact investing, assisting investors in identifying impact-managed investments.

Breakthrough in Device Therapy for Patients with Late-Stage Heart Disease

Retrieved on: 
Monday, January 10, 2022 - 12:00pm

Implantable heart pumps, known as Ventricular Assist Devices (or VADs), have proven to sustainably increase long term survival.

Key Points: 
  • Implantable heart pumps, known as Ventricular Assist Devices (or VADs), have proven to sustainably increase long term survival.
  • Together this FiVAD will significantly improve the lives of vast numbers of late-stage heart failure patients."
  • Leviticus Cardio is a medical device company dedicated to improving the clinical outcome for patients with an implanted left ventricular assist device (LVAD) for the treatment of impaired cardiac function.
  • The Leviticus FiVAD received several innovation awards, was implanted in humans in 2018/9 and received Breakthrough Device Designation from the FDA in 2019.

Steppe Gold Announces US$65m in Project Finance and Working Capital Debt Facility to Fast Track Phase 2 Construction

Retrieved on: 
Wednesday, November 10, 2021 - 2:01pm

The 2021 Gold-2 Loan proceeds were advanced during the third quarter to Steppe Gold by the Trade and Development Bank of Mongolia (TDBM).

Key Points: 
  • The 2021 Gold-2 Loan proceeds were advanced during the third quarter to Steppe Gold by the Trade and Development Bank of Mongolia (TDBM).
  • Further the Company has reached agreement for an additional US$5m for allocation to working capital to be funded directly from TDBM in the form of a prepaid gold sales loan (the TDBM Gold Loan).
  • The TDBM Gold Loan will be repaid over a period of 12 months based on gold sales, with repayments in cash equivalent at MongolBank gold prices.
  • Steppe Gold believes 2022 will be the year of rapid growth and expansion with full production and further financing for the Phase 2 expansion project.

JobsOhio Partners with Ohio's Investment Grade Port Authorities to Boost Port Authorities Bond Capacity Throughout Ohio

Retrieved on: 
Friday, October 22, 2021 - 3:05pm

This pledge fulfills JobsOhio's economic development mission and at the same time enables each bond fund to finance local support projects throughout Ohio.

Key Points: 
  • This pledge fulfills JobsOhio's economic development mission and at the same time enables each bond fund to finance local support projects throughout Ohio.
  • Joe GeraghtyExecutive DirectorDayton/Montgomery CountyPortAuthority: "Dayton Montgomery County Port Authority and the Cincinnati Port Authority, who share the operation of the Southwestern Ohio Bond Fund, are both very pleased by the addition of bond fund reserves from JobsOhio.
  • These JobsOhio reserves will leverage very substantial lending capacity for the Southwestern Ohio Bond Fund, allowing us to continue to catalyze important economic and community development projects in Southwestern Ohio.
  • JobsOhio works with six regional partners across Ohio: Dayton Development Coalition , Ohio Southeast Economic Development , One Columbus , REDI Cincinnati , Regional Growth Partnership , and Team NEO .

South Field Energy Begins Commercial Operation

Retrieved on: 
Wednesday, October 13, 2021 - 3:27pm

BOSTON, Oct. 13, 2021 /PRNewswire/ -- Advanced Power announced today that commercial operation has begun at South Field Energy, a 1,182-megawatt, low-carbon combined-cycle natural gas electric generating facility located in Columbiana County, Ohio.

Key Points: 
  • BOSTON, Oct. 13, 2021 /PRNewswire/ -- Advanced Power announced today that commercial operation has begun at South Field Energy, a 1,182-megawatt, low-carbon combined-cycle natural gas electric generating facility located in Columbiana County, Ohio.
  • "South Field Energy exemplifies our commitment to develop and manage world-class low-carbon, independent power generation in partnership with the communities in which we operate," said Thomas Spang, Advanced Power's CEO.
  • "South Field Energy was built using advanced technology to construct a state-of-the-art low-carbon electric generating facility that is among the cleanest and most efficient of its kind," said Scott Curry, South Field Energy's project director.
  • Together with the 700 MW Carroll County facility in Ohio and the 1,100 MW Cricket Valley facility in operation in Dover, N.Y., South Field Energy is Advanced Power's third major infrastructure project now in operation in the United States.

DGAP-News: Nordex SE: 54.6 MW project: Nordex Group receives order from Ukraine

Retrieved on: 
Thursday, October 7, 2021 - 7:01am

End of September, the Nordex Group won another order from Ukraine.

Key Points: 
  • End of September, the Nordex Group won another order from Ukraine.
  • For the Eco-Optima Group, the Nordex Group is supplying ten N149/5.X turbines for the 54.6 MW "Skolivska" wind farm.
  • The order also includes a Premium Service contract for the maintenance of the turbines over a period of 15 years.
  • The "Skolivska" wind farm is the first Ukrainian project to use Nordex turbines in the 5 MW class.

C2 Montréal introduces its programming: A reimagined experience for extraordinary times

Retrieved on: 
Friday, October 1, 2021 - 11:00am

MONTRAL, Oct. 1, 2021 /CNW Telbec/ - C2 Montral is proud to share this year's exceptional October 19-21, 2021 programming.

Key Points: 
  • MONTRAL, Oct. 1, 2021 /CNW Telbec/ - C2 Montral is proud to share this year's exceptional October 19-21, 2021 programming.
  • C2 Montral will present a reimagined experience via an all-new digital event platform featuring greater connecting opportunities and enhanced collaborative sessions both online and, for a limited number of pass holders, in person.
  • "I'm beyond excited for C2 Montral's 2021 exceptional programming," says Jacques-Andr Dupont, President and CEO of C2.
  • C2 conferences are an open doorway into deeper exploration of the topics raised and an invitation to find inspiration.

Babel Finance Opens Business Headquarters in Singapore, Appoints Shanshan Yu as CEO to Drive Expansion

Retrieved on: 
Thursday, September 16, 2021 - 2:00pm

SINGAPORE, Sept. 16, 2021 /PRNewswire/ -- Babel Finance, a leading global cryptocurrency financial services provider, today announced the opening of a business headquarters in Singapore named Babel Asia, with Shanshan Yu appointed Chief Executive Officer (CEO).

Key Points: 
  • SINGAPORE, Sept. 16, 2021 /PRNewswire/ -- Babel Finance, a leading global cryptocurrency financial services provider, today announced the opening of a business headquarters in Singapore named Babel Asia, with Shanshan Yu appointed Chief Executive Officer (CEO).
  • Babel Asia will enhance the company's role as a key crypto player globally, and advance the firm's regulatory compliance efforts.
  • Babel Asia, led by Yu, will strengthen our ability to serve global investors seeking to diversify their portfolios, by offering world-class services from Singapore," said Flex Yang, CEO of Babel Finance.
  • I look forward to growing our team rapidly, especially bringing onboard seasoned professionals that will quickly advance our compliance plans," said Yu, CEO of Babel Asia.

The EDB wins Environmental Finance's 2021 IMPACT Award for the Atyrau street lighting project

Retrieved on: 
Tuesday, September 14, 2021 - 8:00am

NUR-SULTAN, Kazakhstan, Sept. 14, 2021 /PRNewswire/ -- The Eurasian Development Bank (EDB) has won the prestigious international Environmental Finance's 2021 IMPACT Award in the energy category.

Key Points: 
  • NUR-SULTAN, Kazakhstan, Sept. 14, 2021 /PRNewswire/ -- The Eurasian Development Bank (EDB) has won the prestigious international Environmental Finance's 2021 IMPACT Award in the energy category.
  • The winning project is Atyrau street lighting (Kazakhstan).
  • The Atyrau street lighting project was completed this April.
  • "The construction of the street lighting network in Atyrau has had a major environmental and social impact on life throughout the city.