NGG

BAE Systems selected to develop ground system prototype for U.S. Space Force missile warning system

Retrieved on: 
Wednesday, February 28, 2024

BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has been selected by the Space Systems Command (SSC) Space Enterprise Consortium (SpEC) to provide a prototype ground system for the U.S. Space Force's SSC Future Operationally Resilient Ground Evolution Command and Control (FORGE C2) project.

Key Points: 
  • BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has been selected by the Space Systems Command (SSC) Space Enterprise Consortium (SpEC) to provide a prototype ground system for the U.S. Space Force's SSC Future Operationally Resilient Ground Evolution Command and Control (FORGE C2) project.
  • The goal of the FORGE C2 effort is to evolve the current ground architecture, leveraging newer technologies and architecture approaches.
  • BAE Systems will integrate proven capabilities into a prototype ground system that will allow the Space Force to provide command and control capabilities for Next-Generation Overhead Persistent Infrared (OPIR) GEO (NGG) and Next-Generation OPIR Polar (NGP) systems as well as enabling the transition of the legacy Space Based Infrared System (SBIRS) assets.
  • "The Space Force's ability to accurately and efficiently detect and track missile launches is of the utmost importance to our nation's ability to defend against these growing threats to national security," said Don Speranzini, vice president and general manager of Ground Systems & Services for BAE Systems Space & Mission Systems.

FARFETCH Announces New Guards Group Management Changes

Retrieved on: 
Thursday, June 1, 2023

She maintains her role as Group President, FARFETCH.

Key Points: 
  • She maintains her role as Group President, FARFETCH.
  • “New Guards has performed extremely well since 2019, and has continued to execute on its strategy with the recent launch of Reebok.
  • I leave behind a resilient, dynamic, and robust group that I'm confident will continue to flourish and uphold our shared vision.
  • NGG, today more than ever and thanks to the involvement and support of FARFETCH, is in an incredible position.

FARFETCH Launches Reebok Partnership

Retrieved on: 
Wednesday, May 3, 2023

FARFETCH (FTCH), the leading global platform for the luxury fashion industry, has commercially launched its European partnership with Reebok.

Key Points: 
  • FARFETCH (FTCH), the leading global platform for the luxury fashion industry, has commercially launched its European partnership with Reebok.
  • The partnership is being managed by New Guards Group (NGG), a wholly owned FARFETCH company.
  • Under the astute and energetic guidance of Cristiano and the NGG++ team, we believe this partnership will unlock huge value for the brand and for FARFETCH.
  • Launching the partnership with Reebok is an important execution milestone in FARFETCH’s plans for 2023.

National Grid Renewables Orders 1.6 GW of First Solar Modules

Retrieved on: 
Thursday, December 15, 2022

A Minneapolis-headquartered business, National Grid Renewables is part of the Ventures division of National Grid plc and has a portfolio of solar, wind, and energy storage projects located throughout the US in various stages of development, construction, and operation.

Key Points: 
  • A Minneapolis-headquartered business, National Grid Renewables is part of the Ventures division of National Grid plc and has a portfolio of solar, wind, and energy storage projects located throughout the US in various stages of development, construction, and operation.
  • “We are pleased to further expand both our partnership with First Solar and our commitment to using responsibly produced solar technology to power our near-term project pipeline,” said Andy Cukurs, chief operating officer, National Grid Renewables.
  • National Grid Renewables, part of the National Grid Ventures division of National Grid plc (NYSE: NGG), develops and operates large-scale renewable energy assets across the United States, including solar, wind and energy storage.
  • National Grid Renewables supports National Grid’s vision of being at the heart of a clean, fair, and affordable energy future for all.

National Grid licenses encoord’s SAInt software for integrated planning

Retrieved on: 
Tuesday, November 29, 2022

Partnering with encoord and implementing their SAInt software allows National Grid to coordinate the planning of their electric and gas infrastructure.

Key Points: 
  • Partnering with encoord and implementing their SAInt software allows National Grid to coordinate the planning of their electric and gas infrastructure.
  • The addition of SAInt allows National Grid to plan electricity and gas transmission and distribution networks in a coordinated way.
  • To our knowledge, using SAInt across National Grids planning departments represents the first time a major electricity and gas utility in the US gathers its electricity and gas planning teams to use an integrated planning platform.
  • encoords core technology is the Scenario Analysis Interface for Energy Systems (SAInt) , a software platform to model and plan energy networks and markets.

High-Voltage Transmission Grid Critical to Meeting Electric Vehicle Charging Demands, First-in-the-Nation Study Finds

Retrieved on: 
Monday, November 14, 2022

Electric vehicle (EV) charging needs along Massachusetts and New York highways will require interconnection to high-capacity transmission lines in the next decade, finds a first-in-the-nation study released today.

Key Points: 
  • Electric vehicle (EV) charging needs along Massachusetts and New York highways will require interconnection to high-capacity transmission lines in the next decade, finds a first-in-the-nation study released today.
  • The Electric Highways Study can help utilities and policymakers make smarter decisions about electric grid interconnections and infrastructure, avoiding repeated upgrades and ensuring grid readiness does not hinder the clean energy transition.
  • The analysis included relevant electric vehicle sales goals and mandates in National Grid's home states considering scenarios where all light-duty vehicle sales are electric by 2035 and all medium-and heavy-duty vehicle (MHDV) sales are electric by 2045.
  • Existing transmission lines, which often mirror highway routes, provide a ready-made solution if highway charging sites can "plug-in" to the high-voltage transmission grid.

Coinsilium Group Limited: Web3 Venture Investments and Advisory Portfolio Update

Retrieved on: 
Friday, October 28, 2022

London, UK, 26 October 2022, Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to provide an update on its Crypto Investment and Advisory portfolio.

Key Points: 
  • London, UK, 26 October 2022, Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to provide an update on its Crypto Investment and Advisory portfolio.
  • So far this year, Coinsilium has deployed the equivalent of USD 575,000 from its Crypto treasury reserves into early stage Web3 ventures.
  • These Web3 Venture Profiles can be downloaded via the Coinsilium website as well as via the links in the update section below: https://coinsilium.com/investors/presentations
    Coinsiliums investment in Yellow Network is represented by a Simple Agreement for Future Tokens ("SAFT").
  • On 21 April 2022, Coinsilium announced the purchase of USD200,000 of YELLOW tokens, the native token of Yellow Network.

National Grid Commits $17 Million in Philanthropic Funds to Help Customers and Communities Navigate Increasing Winter Energy Prices

Retrieved on: 
Thursday, October 13, 2022

WALTHAM, Mass. and BROOKLYN, N.Y., Oct. 13, 2022 /PRNewswire/ -- To help customers who need financial assistance, as winter energy prices are expected to rise significantly due to the global energy crisis and inflation, National Grid is committing $17 million in philanthropic funding. These funds are in addition to annual local community and philanthropic support. The funds will be distributed through National Grid and the National Grid Foundation to existing networks and community partners across Massachusetts and New York that are set up to help individuals, families and communities who need it most.

Key Points: 
  • and BROOKLYN, N.Y., Oct. 13, 2022 /PRNewswire/ -- To help customers who need financial assistance, as winter energy prices are expected to rise significantly due to the global energy crisis and inflation, National Grid is committing $17 million in philanthropic funding.
  • The funds will be distributed through National Grid and the National Grid Foundation to existing networks and community partners across Massachusetts and New York that are set up to help individuals, families and communities who need it most.
  • "Our customers are dealing with the impact of increasing prices across the board," said Helen Burt, Chief Customer Officer, National Grid.
  • That's why National Grid has launched the Winter Customer Savings Initiative to help customers reduce their energy use and save money, better manage their bills, and secure available energy assistance.

National Grid Renewables Pledges Over $1 Million Charitable Giving to Ohio Communities

Retrieved on: 
Thursday, September 29, 2022

MINNEAPOLIS, Sept. 29, 2022 /PRNewswire/ -- Today, National Grid Renewables announced its pledge to donate over $1 million to the Ohio communities of Ross and Pickaway Counties through its 274 megawatt (MW) Yellowbud Solar Project (Yellowbud or the project). Yellowbud will support the Yellowbud Community Fund via annual donations of approximately $54,800 over a twenty-year period and will work with The Chillicothe-Ross Community Foundation (CRCF), a local nonprofit organization, to distribute the funds.

Key Points: 
  • The gifts donated by the charitable funds are above and beyond any tax revenue delivered by National Grid Renewables' projects.
  • "With the Yellowbud Community Fund, National Grid Renewables has now pledged over $8 million in charitable funding."
  • National Grid Renewables, part of the National Grid Ventures division of National Grid (NYSE: NGG), develops, owns, and operates large-scale renewable energy assets across the United States, including solar, wind, and energy storage.
  • National Grid Renewables supports National Grid's vision of being at the heart of a clean, fair, and affordable energy future for all.

To help customers address increasing energy supply prices, National Grid launches the Winter Customer Savings Initiative to provide options to manage costs and secure assistance

Retrieved on: 
Wednesday, September 21, 2022

WALTHAM, Mass., Sept. 21, 2022 /PRNewswire/ -- National Grid recognizes that our customers are facing challenging economic times and that no one wants to see their energy bill rise. This winter heating season, National Grid is launching the Winter Customer Savings Initiative to help customers reduce their energy use and save money, better manage their bills, and secure available energy assistance.

Key Points: 
  • This winter heating season, National Grid is launching the Winter Customer Savings Initiative to help customers reduce their energy use and save money, better manage their bills, and secure available energy assistance.
  • National Grid buys energy on behalf of our customers from the wholesale market and passes through those costs without any markup or profit, so customers pay what National Grid pays for that energy.
  • National Grid is reaching out to customers to inform them of the Winter Customer Savings Initiative using multiple communications channels and through in-person Customer Energy Savings events being held across Massachusetts.
  • Similar to electric, National Grid does not profit from gas supply costs; instead, customers pay what we pay for natural gas supply.