Renewable energy transition

Rose Cay Partners with ZeroAvia to Fund Hydrogen-Electric Powered Zero-Emission Aircraft

Retrieved on: 
Tuesday, November 9, 2021
Aircraft, Zero, Renewable energy transition, Compliance, Hydrogen, CEO, CAA, LLP, Technology, FAA, Innovate UK, Investment, Growth, Instagram, Energy transition, Airport, Aviation, LLC, Twitter, Acquisition, ZeroAvia, ESG, LinkedIn, Innovation, Infrastructure, Cotswold Airport, Cay, Agriculture, Transport, Airline

DELAWARE and KEMBLE, United Kingdom and HOLLISTER, Calif., Nov. 9, 2021 /PRNewswire/ -- ZeroAvia, a leader in zero-emission passenger aircraft, today announced an Aircraft and Infrastructure financing collaboration with Rose Cay GP, LLP ("Rose Cay"), a US-based real asset special situations investment platform.

Key Points: 
  • DELAWARE and KEMBLE, United Kingdomand HOLLISTER, Calif., Nov. 9, 2021 /PRNewswire/ -- ZeroAvia , a leader in zero-emission passengeraircraft, today announced an Aircraft and Infrastructure financing collaboration with Rose Cay GP, LLP ("Rose Cay"), a US-based real asset special situations investment platform.
  • Rose Cay is uniquely poised to leverage both our experience in infrastructure investments as well as aircraft financing to enable ZeroAvia to deliver its hydrogen-electric technology.
  • By converting existing aircraft, we can minimize lifecycle environmental impacts, while concurrently accelerating zero-emission hydrogen aircraft entry into service," said Alex J. Parker, Managing Partner at Rose Cay.
  • Rose Cay would provide the capital to fund aircraft acquisition, ZeroAvia hydrogen-electric powertrain systems, and conversion costs for lease customers.

Rose Cay Partners with ZeroAvia to Fund Hydrogen-Electric Powered Zero-Emission Aircraft

Retrieved on: 
Tuesday, November 9, 2021
Aircraft, Zero, Renewable energy transition, Compliance, Hydrogen, CEO, CAA, LLP, Technology, FAA, Innovate UK, Investment, Growth, Instagram, Multimedia, Energy transition, Airport, Aviation, LLC, Twitter, Acquisition, ZeroAvia, ESG, LinkedIn, Innovation, Infrastructure, Cotswold Airport, Cay, Agriculture, Transport, Airline

DELAWARE and KEMBLE, United Kingdom and HOLLISTER, Calif., Nov. 9, 2021 /PRNewswire/ -- ZeroAvia, a leader in zero-emission passenger aircraft, today announced an Aircraft and Infrastructure financing collaboration with Rose Cay GP, LLP ("Rose Cay"), a US-based real asset special situations investment platform.

Key Points: 
  • DELAWARE and KEMBLE, United Kingdomand HOLLISTER, Calif., Nov. 9, 2021 /PRNewswire/ -- ZeroAvia , a leader in zero-emission passengeraircraft, today announced an Aircraft and Infrastructure financing collaboration with Rose Cay GP, LLP ("Rose Cay"), a US-based real asset special situations investment platform.
  • Rose Cay is uniquely poised to leverage both our experience in infrastructure investments as well as aircraft financing to enable ZeroAvia to deliver its hydrogen-electric technology.
  • Rose Cay would provide the capital to fund aircraft acquisition, ZeroAvia hydrogen-electric powertrain systems, and conversion costs for lease customers.
  • Together with ZeroAvia, Rose Cay also intends to develop airport infrastructure projects, with committed offtake agreements, to ensure hydrogen availability.

GE Plans to Form Three Public Companies Focused on Growth Sectors of Aviation, Healthcare, and Energy

Retrieved on: 
Tuesday, November 9, 2021
Home Goods, Alternative Energy, Energy, Engineering, Consumer Electronics, Technology, Manufacturing, Retail, Goldman Sachs, Mission statement, Efficiency, Industry, Government, U.S. Securities and Exchange Commission, Gibson, Dunn & Crutcher, CEO, Technology, BofA Securities, Insurance, Risk, Report, Paul, Weiss, Rifkind, Wharton & Garrison, Forward-looking statement, GE, AerCap, Renewable energy transition, File, Annual report, PJT Partners, SEC, GAAP, NYSE, Webcast, Revenue stream, Wind, Internal Revenue Service, Renewable energy, Management, Bank

Where required to do so, GE will consult with employee representatives in line with its legal obligations before any final decisions are taken.

Key Points: 
  • Where required to do so, GE will consult with employee representatives in line with its legal obligations before any final decisions are taken.
  • Through the transition, GE will be able to monetize its stakes in AerCap and Baker Hughes, prioritizing further debt reduction.
  • Following the spin-off transactions, GE will retain other assets and liabilities of GE today, including run-off insurance operations.
  • GE also intends that Healthcare will issue debt securities, the proceeds of which will be used to pay down outstanding GE debt.

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at October 31, 2021

Retrieved on: 
Tuesday, November 2, 2021
Renewable energy transition, Annual report, Brookfield Renewable Partners, Investment Company Act of 1940, Policy, NYSE, SEC, Communication, KMF, Forward-looking statement, Investment, Energy, Energy transition, Ownership, Sale, Fund, Financial adviser, Security (finance)

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • You can obtain a complete listing of holdings by viewing the Funds most recent quarterly or annual report.
  • Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of Energy Companies and Infrastructure Companies.

CIT Serves as Sole Lead Arranger on $67.8 Million Financing for Upstate New York Solar Power and Battery Storage Portfolio

Retrieved on: 
Friday, October 29, 2021
Renewable energy transition, CIT, US, Industry, Goal, Commercial finance, Mountain Dew Amp, NYSE, Treasury, USA, China Power Clean Energy Development, Intelligence, The Carlyle Group, AMP, Equal housing lender, Investment, Energy transition, FDIC, EVP, CIT Group, Renewable energy

NEW YORK, Oct. 29, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio.

Key Points: 
  • NEW YORK, Oct. 29, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio.
  • CIT led the financing on behalf of Amp Energy, which is developing a renewable energy portfolio consisting of five separate solar power generation systems at four project sites located throughout central New York State.
  • Taken together, the portfolio represents about 40 megawatts of solar generation capacity and includes three sites with battery storage capabilities of about 9 megawatts each.
  • On-site battery storage is an increasingly common strategy for ensuring renewable power is available at times of rising demand or low generation.

EV Battery Tech and IONiX Pro Announce Collaboration on Disruptive Crypto Mining Protocol

Retrieved on: 
Thursday, October 28, 2021
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It is a pleasure working with EV Battery Tech and IONiX Pro, commented Dr. Tom Davis, Chief Renewable Officer of the REA.

Key Points: 
  • It is a pleasure working with EV Battery Tech and IONiX Pro, commented Dr. Tom Davis, Chief Renewable Officer of the REA.
  • IONiX Pro has commenced collaboration with the ROBe2 Protocol to develop the first PoR Protocol compatible hardware to enable ROBe2 Protocol mining.
  • The REA, the ROBe2 Protocol and EV Battery Tech/IONiX Pro have commenced this ground-breaking global collaboration to address some of the worlds largest issues, while revolutionizing crypto mining.
  • EV Battery Tech has positioned itself and its IONiX Pro products and services with the environment in mind.

Amp to Install 100MW of Community Solar Projects in the US by the End of 2021

Retrieved on: 
Wednesday, October 27, 2021
Renewable energy transition, Calatagan Solar Farm, University, Goal, Hannaford Brothers Company, Partnership, Lowes, Farmer, Climate, The Carlyle Group, Learning, Climate change, Investment, Rochester, Amp, Electricity, Biodiversity, Plant, Energy transition, Ownership, Community, Renewable energy, Electric battery

The Massachusetts portfolio, consisting of three projects and 20MWdc of solar paired with 24MWh of battery energy storage, will provide bill credits to subscribers with the batteries participating in the ISO-NE wholesale services markets.

Key Points: 
  • The Massachusetts portfolio, consisting of three projects and 20MWdc of solar paired with 24MWh of battery energy storage, will provide bill credits to subscribers with the batteries participating in the ISO-NE wholesale services markets.
  • "This set of projects marks Amp's largest assemblage of concurrent community solar projects in the US to date, and represents more than $230M in project investment," said Jared Donald, Executive Vice-President and Head of Amp's US operations.
  • Amp develops and operates projects in many different power markets across North America.
  • Businesses and homeowners interested in learning more about Amp, community solar and the opportunity to become a customer should contact [email protected] or visit community-solar.energy .

Navistar and In-Charge Energy Now Offer Carbon-Neutral Electric Vehicle Charging

Retrieved on: 
Monday, October 25, 2021
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Through our partnership with In-Charge Energy, we are giving fleet managers answers that make them proud to choose IC Bus and International truck."

Key Points: 
  • Through our partnership with In-Charge Energy, we are giving fleet managers answers that make them proud to choose IC Bus and International truck."
  • In-Charge Energy's fleet-focused In-Control software platform automates the process of collecting EV charging energy information and with a single click calculates the carbon impact of fueling.
  • With these credits, In-Charge and Navistar customers can purchase verified clean, renewable energy to reduce the environmental impact of their electricity use for EV charging, enabling them to go completely carbon neutral.
  • For more information about Navistar's electric vehicle offering through IC Bus and International Truck, visit www.navistar.com/our-path-forward/battery-electric .

Nicholas Carnrite Chosen as One of Oil and Gas Investor’s Forty Under 40

Retrieved on: 
Thursday, October 21, 2021
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HOUSTON, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Nicholas (Nick) Carnrite, Partner and Managing Director of The Carnrite Group, was chosen as one of Hart Energys Oil and Gas Investor Forty Under 40.

Key Points: 
  • HOUSTON, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Nicholas (Nick) Carnrite, Partner and Managing Director of The Carnrite Group, was chosen as one of Hart Energys Oil and Gas Investor Forty Under 40.
  • The most common accolades he received are related to his tireless pursuit of improvement for his clients, the Carnrite team, and himself.
  • Nick places a tremendous amount of value on delivering implementable solutions because Carnrite only wins when our clients win.
  • The Carnrite Group (Carnrite) is a management consultancy focused primarily in the energy, industrial and private equity sectors.

Nicholas Carnrite Chosen as One of Oil and Gas Investor’s Forty Under 40

Retrieved on: 
Thursday, October 21, 2021
Digital, Renewable energy transition, CLO, Industry, ABU, Partnership, Digital transformation, Face, Leadership, CEO, Solution, Energy transition, GLOBE, Cryptocurrency

ABU DHABI, United Arab Emirates, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Nicholas (Nick) Carnrite, Partner and Managing Director of The Carnrite Group, was chosen as one of Hart Energys Oil and Gas Investor Forty Under 40.

Key Points: 
  • ABU DHABI, United Arab Emirates, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Nicholas (Nick) Carnrite, Partner and Managing Director of The Carnrite Group, was chosen as one of Hart Energys Oil and Gas Investor Forty Under 40.
  • The most common accolades he received are related to his tireless pursuit of improvement for his clients, the Carnrite team, and himself.
  • Nick places a tremendous amount of value on delivering implementable solutions because Carnrite only wins when our clients win.
  • The Carnrite Group (Carnrite) is a management consultancy focused primarily in the energy, industrial and private equity sectors.