Commonwealth

Vineyard Wind Named Climate Change Project of the Year by Environmental Business Council of New England

Retrieved on: 
Thursday, April 4, 2024

The award, which was established in January 2020, recognizes a project or endeavor which demonstrates leadership in climate change.

Key Points: 
  • The award, which was established in January 2020, recognizes a project or endeavor which demonstrates leadership in climate change.
  • “We are honored and grateful to receive this important recognition for our Vineyard Wind 1 project, and thank the Environmental Business Council for their partnership and support as we work together to take urgent action on climate change,” said Avangrid CEO Pedro Azagra.
  • Vineyard Wind 1 is the first large-scale offshore wind project in the United States.
  • In July 2021, Vineyard Wind signed the first Project Labor Agreement for an offshore wind project in the United States, which outlined the creation of 500 union jobs through the project.

Avangrid Receives Federal Record of Decision for New England Wind

Retrieved on: 
Tuesday, April 2, 2024

New England Wind, consisting of the New England Wind 1 and New England Wind 2 projects, has the potential to create thousands of jobs and provide enough clean, reliable energy to power nearly 1 million homes and businesses in the region.

Key Points: 
  • New England Wind, consisting of the New England Wind 1 and New England Wind 2 projects, has the potential to create thousands of jobs and provide enough clean, reliable energy to power nearly 1 million homes and businesses in the region.
  • With this federal approval, New England Wind stands apart as the most advanced and shovel-ready offshore wind opportunity in the Northeast region.
  • “We applaud the Bureau of Ocean Energy Management for issuing the Record of Decision for New England Wind.
  • BOEM’s Record of Decision for Avangrid’s New England Wind lease area represents a key and substantial step in the direction of moving forward on offshore wind.

Federal Home Loan Bank of Des Moines awards nearly $20 million to support communities through the Member Impact Fund

Retrieved on: 
Tuesday, April 2, 2024

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) joined efforts with 94 financial institution members to provide nearly $20 million to hundreds of non-profit and government organizations.

Key Points: 
  • The Federal Home Loan Bank of Des Moines (FHLB Des Moines) joined efforts with 94 financial institution members to provide nearly $20 million to hundreds of non-profit and government organizations.
  • The Member Impact Fund is one way FHLB Des Moines supports a strong community banking system, which is foundational to a thriving community.
  • The more than 500 grants combining both member institutions and FHLB Des Moines awards range from $10,000 to $5.13 million, bringing the total awarded to more than $26 million.
  • U.S territories: $20,000 was awarded to each U.S. territory
    FHLB Des Moines created the Member Impact Fund in 2023 to provide support and funding to targeted communities within its district.

YesCare Awarded Contract for Healthcare Services in Louisville

Retrieved on: 
Monday, April 1, 2024

YesCare , pioneer and foremost provider of correctional healthcare in the United States as a company built on more than 40 years of innovation and earned expertise in the industry, officially announced today that it was awarded the contract to provide comprehensive medical and behavioral healthcare services within the Louisville Metro Department of Corrections.

Key Points: 
  • YesCare , pioneer and foremost provider of correctional healthcare in the United States as a company built on more than 40 years of innovation and earned expertise in the industry, officially announced today that it was awarded the contract to provide comprehensive medical and behavioral healthcare services within the Louisville Metro Department of Corrections.
  • YesCare has over 30 years of providing correctional healthcare services in the Commonwealth of Kentucky primarily through a long-term, successful medical and behavioral health partnership with Lexington-Fayette County.
  • “YesCare is very proud of the pioneering work we have done in the state of Kentucky through Lexington County, and we are thrilled to have the opportunity to expand these services to the Louisville Metro Department of Corrections,” said Jeff Sholey, CEO of YesCare.
  • In its behavioral health role, YesCare offers comprehensive behavioral health services based on early and thorough screening and assessment of distress, disorder and risk.

Equity Commonwealth Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
Thursday, March 28, 2024

Equity Commonwealth (NYSE: EQC) announced today that the company will release its first quarter 2024 operating results on Wednesday, May 1, 2024, after the close of trading.

Key Points: 
  • Equity Commonwealth (NYSE: EQC) announced today that the company will release its first quarter 2024 operating results on Wednesday, May 1, 2024, after the close of trading.
  • A conference call to discuss those results will be held on Thursday, May 2, 2024, at 9:00 am Central Time.
  • The conference call will be available via live audio webcast on the Investor Relations section of the company’s website ( www.eqcre.com ).
  • A replay of the audio webcast will also be available following the call.

ADM Names Commonwealth Warehouse Inc. as a 2023 Supplier Award Winner

Retrieved on: 
Wednesday, March 27, 2024

Commonwealth Warehouse Inc., has been named a 2023 Supplier Award winner by ADM (NYSE: ADM), a global leader in sustainability sourced solutions from nature.

Key Points: 
  • Commonwealth Warehouse Inc., has been named a 2023 Supplier Award winner by ADM (NYSE: ADM), a global leader in sustainability sourced solutions from nature.
  • ADM honored seven companies based on superior performance and the ability to deliver exceptional value to ADM and its customers.
  • We are very excited to announce Commonwealth Warehouse Inc. as a recipient this year.”
    The award criteria was based on both hard and soft data points from the supplier scorecard process, as well as direct feedback from ADM stakeholders.
  • Commonwealth Warehouse Inc. received the Value in Excellence award this year.

JBG SMITH Releases Statement on Potomac Yard Entertainment District Proposal

Retrieved on: 
Wednesday, March 27, 2024

JBG SMITH (NYSE: JBGS) today issued a statement on the Potomac Yard Entertainment District.

Key Points: 
  • JBG SMITH (NYSE: JBGS) today issued a statement on the Potomac Yard Entertainment District.
  • In December, we announced plans to develop an entertainment district in Potomac Yard, anchored by the Washington Capitals, Washington Wizards and the Monumental Sports & Entertainment corporate headquarters.
  • Today it was announced that discussions between Monumental, Alexandria and the Commonwealth of Virginia have been terminated.
  • This was a once-in-a-generation opportunity to build a world-class arena and entertainment district at Potomac Yard and to realize the vision of that community as a dense, mixed-use neighborhood.

Tufts Medicine and Acadia Healthcare Break Ground on New Behavioral Health Hospital to Serve the Greater Boston Area

Retrieved on: 
Wednesday, March 27, 2024

Tufts Medicine, a leading Massachusetts integrated, academic health system, and Acadia Healthcare Company, the largest standalone provider of behavioral health services in the U.S., today held a ceremony to celebrate the start of construction on its previously announced state-of-the-art, 144-bed behavioral health hospital in Malden, Massachusetts.

Key Points: 
  • Tufts Medicine, a leading Massachusetts integrated, academic health system, and Acadia Healthcare Company, the largest standalone provider of behavioral health services in the U.S., today held a ceremony to celebrate the start of construction on its previously announced state-of-the-art, 144-bed behavioral health hospital in Malden, Massachusetts.
  • The event occurred on the site of the new hospital located at 100 Hospital Road and celebrated the joint venture partnership between Tufts Medicine and Acadia.
  • View the full release here: https://www.businesswire.com/news/home/20240327491580/en/
    Tufts Medicine and Acadia Healthcare Break Ground on the Construction of a New Behavioral Health Hospital in Malden, Massachusetts, with an anticipated opening in Fall of 2025.
  • (Photo: Business Wire)
    “We are pleased construction has begun on our new behavioral health hospital and training site for future behavioral health clinicians,” said Michael Dandorph, President and Chief Executive Officer of Tufts Medicine.

Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation

Retrieved on: 
Wednesday, March 27, 2024

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.
  • Avangrid submitted a bid for New England Wind 1, a second bid for New England Wind 1 and 2 combined, and additional bids for single-state procurements in Massachusetts, Connecticut, and Rhode Island.
  • “In powering up the first-in-the-nation Vineyard Wind 1 project, Avangrid proved that American offshore wind is possible.
  • New England Wind 1 will create more than 4,400 full-time equivalent jobs, and bring $3 billion of direct investment to the region.

Republic Bank Named One of the Best-Performing Large Community Banks in the U.S. by S&P Global Market Intelligence

Retrieved on: 
Wednesday, March 27, 2024

Republic Bank today announced it has been named a top-50 best-performing bank in the S&P Global Market Intelligence Top 50 Community Banks with assets of $3 -10 billion, with the highest ranking of any bank headquartered in Kentucky.

Key Points: 
  • Republic Bank today announced it has been named a top-50 best-performing bank in the S&P Global Market Intelligence Top 50 Community Banks with assets of $3 -10 billion, with the highest ranking of any bank headquartered in Kentucky.
  • The rankings assess the performance of banking institutions based on returns, growth and funding, while placing a premium on the strength and risk profile of balance sheets.
  • “We’re honored to be named a Top-50 community bank and to be ranked highest in the Commonwealth of Kentucky,” said Logan Pichel, president and chief executive officer, Republic Bank.
  • NPS® is a common metric used by organizations to measure how they are perceived by their customers.