Asian Infrastructure Investment Bank

Alcazar Energy Partners II reaches US$336.6m First Close for Renewable Energy Projects

Retrieved on: 
Monday, November 14, 2022
World, DEG, American Energy Partners, LP, German Development Institute, Greenhouse gas, Climate change, Reconstruction, Climate, World Bank Group, European Investment Bank, Green, EBRD, FMO, Entrepreneurship, Yamaha YMF292, Private sector, International Finance Corporation, Multimedia, Investment, AEP, International financial institutions, CEO, Asian Infrastructure Investment Bank, European Central Bank, OECD, Traction, EIB, AIIB, Renewable energy

Alcazar Energy Partners II SLP (SCSp) ("AEP-II") brings together eight public and private institutional investors from North America, Europe, and Asia

Key Points: 
  • Alcazar Energy Partners II SLP (SCSp) ("AEP-II") brings together eight public and private institutional investors from North America, Europe, and Asia
    With a target of US$500m and a hard cap of US$650m, AEP II will mobilise US$2bn of foreign direct investment, creating over 15,000 construction jobs
    SHARM EL-SHEIKH, Egypt, Nov. 14, 2022 /PRNewswire/ -- Alcazar Energy Partners II, a sustainable infrastructure fund focused on utility-scale renewable energy projects in emerging markets, has achieved a first close of US$336.6m.
  • Nandita Parshad, EBRD Managing Director for Sustainable Infrastructure, said:"We aredelighted to scale uprenewables to accelerate thegreen energy transitionacross EBRD region by committing up toUS$80 millionin thenewAlcazar Energy Partners IIfund."
  • Tobias Pross, CEO of AllianzGI added: "Emerging markets are where the money for climate adaptation and mitigation is needed most.
  • Alcazar Energy is a leader in developing and building renewable energy projects, focused on enabling the energy transition in emerging markets.

Alcazar Energy Partners II reaches US$336.6m First Close for Renewable Energy Projects

Retrieved on: 
Monday, November 14, 2022
World, DEG, American Energy Partners, LP, German Development Institute, Greenhouse gas, Climate change, Reconstruction, Climate, World Bank Group, European Investment Bank, Green, EBRD, FMO, Entrepreneurship, Yamaha YMF292, Private sector, International Finance Corporation, Investment, AEP, International financial institutions, CEO, Asian Infrastructure Investment Bank, European Central Bank, OECD, Traction, EIB, AIIB, Renewable energy

Alcazar Energy Partners II SLP (SCSp) ("AEP-II") brings together eight public and private institutional investors from North America, Europe, and Asia

Key Points: 
  • Alcazar Energy Partners II SLP (SCSp) ("AEP-II") brings together eight public and private institutional investors from North America, Europe, and Asia
    With a target of US$500m and a hard cap of US$650m, AEP II will mobilise US$2bn of foreign direct investment, creating over 15,000 construction jobs
    SHARM EL-SHEIKH, Egypt, Nov. 14, 2022 /PRNewswire/ -- Alcazar Energy Partners II, a sustainable infrastructure fund focused on utility-scale renewable energy projects in emerging markets, has achieved a first close of US$336.6m.
  • Nandita Parshad, EBRD Managing Director for Sustainable Infrastructure, said:"We aredelighted to scale uprenewables to accelerate thegreen energy transitionacross EBRD region by committing up toUS$80 millionin thenewAlcazar Energy Partners IIfund."
  • Tobias Pross, CEO of AllianzGI added: "Emerging markets are where the money for climate adaptation and mitigation is needed most.
  • Alcazar Energy is a leader in developing and building renewable energy projects, focused on enabling the energy transition in emerging markets.

Minnesota Power Ready to Move Next Phase of EnergyForward Following MPUC Approval of Resource Plan

Retrieved on: 
Thursday, November 10, 2022
Other Energy, Utilities, Sustainability, Environment, Alternative Energy, Environmental, Social and Governance (ESG), Energy, Professional Services, Quality of life, Boswell, Carbon, Investment, NYSE, Asian Infrastructure Investment Bank, Electric Bond and Share Company v. Securities and Exchange Commission, Element, Commission, Inflation, Midcontinent Independent System Operator, Minnesota Public Utilities Commission, Policy, Climate, IRP, Coal, Security (finance), Wind, Renewable energy

Were grateful for the Commissions approval and excited to get to work on this next phase of our collaborative and innovative energy transformation.

Key Points: 
  • Were grateful for the Commissions approval and excited to get to work on this next phase of our collaborative and innovative energy transformation.
  • Minnesota Powers IRP lays out ambitious goals of reducing carbon emissions by 80% by 2035, and achieving more than 70% renewable energy in 2030.
  • The IRP also includes a significant investment in energy storage to support the expansion of renewables on Minnesota Powers system.
  • Minnesota Power submitted its 1,427-page IRP to the MPUC on Feb. 1, 2021 after a first of its kind stakeholder outreach process.

B&G Foods Declares Quarterly Dividend

Retrieved on: 
Wednesday, November 9, 2022
Retail, Supermarket, Food, Beverage, Cream, Giant, Director, Love, Information, NYSE, Le Sueur, Asian Infrastructure Investment Bank, Bear Creek, U.S. Securities and Exchange Commission, Workforce, Disclosure, Green Giant, Risk, Environment, Food industry, Board, BGS, Legislation, Annual report, Failure, Cream of Wheat, Board of directors, Goal, Safety, Public expenditure, Seager Wheeler's Maple Grove Farm, Policy, Habit, Company, B&G Foods, Food science, Food safety, Judgement, B&M, Security (finance), Dash, ERP, COVID-19, Holding company, Crisco

B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors declared yesterday a quarterly cash dividend of $0.19 per share of common stock.

Key Points: 
  • B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors declared yesterday a quarterly cash dividend of $0.19 per share of common stock.
  • This is the 73rd consecutive quarterly dividend declared by the Board of Directors since B&G Foods initial public offering in October 2004.
  • Although the Board of Directors has reduced the dividend rate under the Companys dividend policy, the Board of Directors has reaffirmed the policy itself.
  • Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico.

Global Energy Alliance for People and Planet Reports Strong First Year

Retrieved on: 
Wednesday, November 9, 2022
People, Lazarus, DREAM, Environment, Climate change, Multilateralism, Economic development, Electricity, Growth, EL, Sierra Leone, Entrepreneurship, Congo, Government, Republic, Eskom, AIIB, CEO, Jewish Future Alliance, Democratic republic, COP26, Jeff Bezos, Farmer, Policy, Carbon, Rockefeller Foundation, Goal, JET, Private sector, Stichting IKEA Foundation, Asian Infrastructure Investment Bank, Solution, Wind, Just Transition, Technology, Renewable energy, Alliance

SHARM EL SHEIKH, Egypt, Nov. 9, 2022 /PRNewswire/ -- Since its launch at COP26, the Global Energy Alliance for People and Planet (GEAPP) has accelerated clean energy solutions to support economic development and climate priorities across 12 countries on multiple continents, with plans to expand to seven more countries next year.

Key Points: 
  • The Alliance was formed in 2021 to catalyze clean energy technologies and new pools of finance to bring reliable, livelihood-enhancing energy to the nearly 3.6 billion people who lack it.
  • Together with our Alliance partners we are determined to be innovative in driving progress for better access and more clean energy.
  • Future Alliance impact reports will track progress of initiatives and their outcomes for energy access, reduced carbon emissions and enhanced livelihoods.
  • The Global Energy Alliance for People and Planet (GEAPP) is an alliance of philanthropy, entrepreneurs, governments in emerging and developed economies, and technology, policy, and financing partners.

Global Energy Alliance for People and Planet Reports Strong First Year

Retrieved on: 
Wednesday, November 9, 2022
People, Lazarus, DREAM, Economic development, Growth, Entrepreneurship, Republic, AIIB, COP26, Farmer, Rockefeller Foundation, Private sector, Solution, Multimedia, Just Transition, Environment, EL, Government, Democratic republic, Jeff Bezos, Carbon, Asian Infrastructure Investment Bank, Electricity, Sierra Leone, Eskom, Wind, Technology, CEO, Climate change, Multilateralism, Congo, Jewish Future Alliance, Policy, Goal, JET, Stichting IKEA Foundation, Renewable energy, Alliance

SHARM EL SHEIKH, Egypt, Nov. 8, 2022 /PRNewswire/ -- Since its launch at COP26, the Global Energy Alliance for People and Planet (GEAPP) has accelerated clean energy solutions to support economic development and climate priorities across 12 countries on multiple continents, with plans to expand to seven more countries next year.

Key Points: 
  • The Alliance was formed in 2021 to catalyze clean energy technologies and new pools of finance to bring reliable, livelihood-enhancing energy to the nearly 3.6 billion people who lack it.
  • Together with our Alliance partners we are determined to be innovative in driving progress for better access and more clean energy.
  • Future Alliance impact reports will track progress of initiatives and their outcomes for energy access, reduced carbon emissions and enhanced livelihoods.
  • The Global Energy Alliance for People and Planet (GEAPP) is an alliance of philanthropy, entrepreneurs, governments in emerging and developed economies, and technology, policy, and financing partners.

Minnesota Power Advances Clean-Energy Future by Increasing Targets for Renewable Energy Resources Under Its EnergyForward Plan

Retrieved on: 
Monday, November 7, 2022
Other Energy, Environmental Policy, Utilities, Sustainability, Coal, Alternative Energy, Energy, State, Local, Environment, Green Technology, Climate Change, Public Policy, Government, Organization, Boswell, Asian Infrastructure Investment Bank, Inflation, Electric Bond and Share Company v. Securities and Exchange Commission, Power, NYSE, Minnesota Public Utilities Commission, Carbon, Goal, Commission, IRP, Climate, Wind, Quality of life, MISO, Security (finance), Technology, Renewable energy

In a letter filed today with the Minnesota Public Utilities Commission as part of the Integrated Resource Plan (IRP) proceedings, Minnesota Power said it will seek up to 400 megawatts of wind energy and 300 megawatts of regional solar energy.

Key Points: 
  • In a letter filed today with the Minnesota Public Utilities Commission as part of the Integrated Resource Plan (IRP) proceedings, Minnesota Power said it will seek up to 400 megawatts of wind energy and 300 megawatts of regional solar energy.
  • Over the next two weeks, the Minnesota Public Utilities Commission will consider the next steps in Minnesota Powers EnergyForward plan as it holds two hearings to discuss the details of the companys IRP.
  • The Commission is expected to vote on the IRP on Nov. 22, including the agreement reached on increasing renewables.
  • Continuing to invest in innovations that will achieve zero carbon emissions from Minnesota Powers energy supply by 2050.

MMEX Resources Corp. and Trans Permian H2Hub, LLC Announce Regional H2Hub

Retrieved on: 
Monday, November 7, 2022
Permian, Hydrogen, Company, Private Securities Litigation Reform Act, CO2, Curriculum, LLC, City, Methanol, GLOBE, University of Texas Permian Basin, History, Natural gas, Asian Infrastructure Investment Bank, U.S. Department of Energy, Office of Inspector General, Rail transport by country, Wind, Siemens Energy, FOA, CEO, Harbor, Presidio, U.S. Department of Defense Strategy for Operating in Cyberspace, Safe harbor, DOE, Ammonia, Economic development, Technology, Carbon, Inflation, Funding opportunity announcement, SEC, Joe Biden, Water resources, BIL, Oil, Renewable energy, Alpine

Jack W. Hanks, President and CEO of MMEX Resources Corp., said We have filed with the DOE to start the process for the Trans Permian H2Hub.

Key Points: 
  • Jack W. Hanks, President and CEO of MMEX Resources Corp., said We have filed with the DOE to start the process for the Trans Permian H2Hub.
  • The Trans Permian H2Hub is open for participation to any interested party.
  • The new Trans Permian H2Hub website includes the MMEX Trans Permian H2Hub presentation, including several maps of the region.
  • MMEX Resources Corporation (MMEX) is a development stage company formed to engage in energy industry infrastructure projects.

ComEd Celebrates 36 Job Training Graduates Ready to Join Clean Energy Workforce

Retrieved on: 
Friday, November 4, 2022
Alternative Energy, Other Professional Services, Construction & Property, Energy, Sustainability, Other Education, Education, Training, Professional Services, Women, Environment, Other Energy, Consumer, Utilities, Other Construction & Property, Electricity, Workforce, St. Augustine's College, Investment, Student, Education, Growth, SVP, Chicago Urban League, COO, EXC, Asian Infrastructure Investment Bank, City, Business, CEO, YouTube, Commonwealth Edison, Exelon, NASDAQ, Partnership, Inflation, STEM, City Colleges, PMP, Program, Female, Medicine, Management, Renewable energy, Facebook

To ensure a pipeline of diverse, skilled and local talent that will power the clean energy transformation in Illinois, ComEd is deeply invested supporting and expanding job training and education programs, said Louie Binswanger, SVP of governmental and regulatory affairs at ComEd.

Key Points: 
  • To ensure a pipeline of diverse, skilled and local talent that will power the clean energy transformation in Illinois, ComEd is deeply invested supporting and expanding job training and education programs, said Louie Binswanger, SVP of governmental and regulatory affairs at ComEd.
  • Programs like the CONSTRUCT Business Operations Academy play a critical role as we work to connect more residents to skills training needed to take on jobs in energy and infrastructure.
  • Im proud of my accomplishments and look forward to next steps as I now feel I am ready to take the PMP exam.
  • ComEd's investments in training and recruitment help create a local talent pipeline that is prepared to meet future demands, as clean energy jobs are on the rise.

MIDWEST ALLIANCE FOR CLEAN HYDROGEN (MACHH2) ANNOUNCES BID TO CREATE REGIONAL HYDROGEN HUB TO COMBAT CLIMATE CHANGE

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Thursday, November 3, 2022
Hydrogen, Public health, CO2, Workforce, United States Department of Energy, Electrolysis, Air pollution, Industry, American Center, Asian Infrastructure Investment Bank, Port of Detroit, Primary energy, U.S. Department of Energy, Office of Inspector General, Transport, Tax, Aviation, Organization, Port, U.S. Department of Defense Strategy for Operating in Cyberspace, The Act, Environment, DOE, Mobility, Agriculture, Technology, Carbon, University, Department, Water, Coal, Renewable energy

CHICAGO, Nov. 3, 2022 /PRNewswire/ -- The Midwest Alliance for Clean Hydrogen (MachH2) announced today that it will submit an application to the U.S. Department of Energy (DOE) to develop a regional clean hydrogen production and distribution hub to be funded under the Infrastructure Investment and Jobs Act. Under the Act, DOE will invest up to $8 billion to catalyze investment "to form the foundation of a national clean hydrogen network that will contribute substantially to decarbonizing multiple sectors of the economy."

Key Points: 
  • Each member shares a commitment to promoting equity and furthering the administration's Justice40 goals through the development of the hub.
  • The Midwest's location at the crossroads of America and its strong transportation infrastructure make it ideally suited for supplying clean hydrogen nationwide.
  • "The Midwest Alliance for Clean Hydrogen is a bold project to reduce air pollution and CO2 emissions from industry and transportation through deployment of clean hydrogen," said Michigan Governor Gretchen Whitmer.
  • With strong collaboration from many of Illinois' leading institutions, MachH2 would make an excellent choice for the Department of Energy's Midwestern Clean Hydrogen Hub."