GBP

Equinix Fully Allocates $4.9 Billion of Green Bond Proceeds

Retrieved on: 
Wednesday, December 20, 2023
SBT, OK, PUE, PPA, Biodiversity, IBX, Transport, Wind, GHG, Sustainability, Professional, Pact, Electricity, Climate, Renewable energy, International Capital Market Association, GLP, Wastewater treatment, Building, Carbon, CDP, Global warming potential, GBP, EQIX, Waste management, Environment

Since 2020, six bond offerings have been issued, and as of the end of June 2023, all bonds have been fully allocated.

Key Points: 
  • Since 2020, six bond offerings have been issued, and as of the end of June 2023, all bonds have been fully allocated.
  • Equinix has developed a Green Finance Framework based on the Green Bond Principles and Green Loan Principles, a set of guidelines that promote transparency and integrity in, and advance the standardization of, green debt disclosures.
  • In line with the International Capital Market Association's Green Bond Principles (GBP) 2018 and the Loan Syndications and Trading Association's Green Loan Principles (GLP) 2020, Equinix is allocating 100% of the Green Financing net proceeds to a portfolio of Eligible Green Projects which showcase how Equinix is building and operating sustainably, including Green Buildings; Renewable Energy; Energy Efficiency; Sustainable Water and Wastewater Management; Waste Management; and Clean Transportation.
  • Equinix publishes its Green Bond Allocation and Impact Reports annually to provide transparency on progress.

Ørsted takes final investment decision on Hornsea 3 Offshore Wind Farm

Retrieved on: 
Wednesday, December 20, 2023
Partnership, Duncan Clark, GBP, Hornsea, Energy, EBITDA, Siemens Gamesa, Policy, Electricity, DKK, FID, Engineering, Kilowatt-hour, CFD, Government, Wind, Farm, Renewable energy

Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW and is expected to be completed around the end of 2027.

Key Points: 
  • Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW and is expected to be completed around the end of 2027.
  • Ørsted will use this flexibility to submit a share of Hornsea 3’s capacity into the UK’s upcoming allocation round 6.
  • Mads Nipper, Group President and CEO of Ørsted, said: “By applying our world-leading capabilities within offshore wind innovation, engineering, operations, procurement, and financing, we’ve been able to mature the world’s largest offshore wind project and take final investment decision.
  • When the wind farm comes online, Ørsted’s Hornsea trio – comprising Hornsea 1, 2, and 3 – will have a total capacity of in excess of 5 GW, making it the world’s largest operating offshore wind zone.

VitalHub Corp. Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
EBITDA, Acquisition, Bank, Interim, Tax, Consolidated, ARR, GBP, Conversation, VHI, Hand, Management, Growth, TSX, Rare-earth element, Video game, Tobacco, Bookkeeping, Life insurance, Cryptocurrency

In Q3 2023, VitalHub delivered another solid quarter, demonstrating consistent growth in revenue, gross profits, net income, and cash generation,” said Dan Matlow, Chief Executive Officer of VitalHub.

Key Points: 
  • In Q3 2023, VitalHub delivered another solid quarter, demonstrating consistent growth in revenue, gross profits, net income, and cash generation,” said Dan Matlow, Chief Executive Officer of VitalHub.
  • Excluding a one-time tax reversal, Q3 2023 net income was $1.8 million representing $0.04 per fully diluted share.
  • ARR ⁽¹⁻²⁾ at September 30, 2023, was $42,612,166 as compared to $41,008,702 at June 30, 2023.
  • Cash on hand at September 30, 2023 was $29,794,692 compared to $17,452,210 as at December 31, 2022, and an increase of $6.9 million sequentially compared to Q2 2023.

AM Best Affirms Credit Ratings of Irwell Insurance Company Limited

Retrieved on: 
Thursday, November 30, 2023
Other Professional Services, Professional Services, Insurance, Irwell, Employment, Risk management, Credit, AM Best, GBP, Health, Growth, Good, News, ALL

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Irwell Insurance Company Limited (Irwell) (United Kingdom).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Irwell Insurance Company Limited (Irwell) (United Kingdom).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Aker Carbon Capture awarded Process Design Package for Uniper's Grain power station in the UK, to potentially capture over 2 million tonnes of CO2 per year

Retrieved on: 
Wednesday, December 13, 2023
Carbon, CCS, CCGT, FEED, Isle, FID, Engineering, UK Government Web Archive, Engineering, procurement, and construction, CO2, Government, Combined cycle power plant, License, Process, Uniper, Isle of Grain, Electricity, PDP, GBP, EPC, Coal, Renewable energy

OSLO, Norway, Dec. 13, 2023 /PRNewswire/ -- Uniper has awarded Aker Carbon Capture a Process Design Package (PDP) to deliver design studies for a proposed post combustion carbon capture plant at their Grain power station in the Southeast of England, on the Isle of Grain, in Kent.

Key Points: 
  • OSLO, Norway, Dec. 13, 2023 /PRNewswire/ -- Uniper has awarded Aker Carbon Capture a Process Design Package (PDP) to deliver design studies for a proposed post combustion carbon capture plant at their Grain power station in the Southeast of England, on the Isle of Grain, in Kent.
  • Uniper's Grain Carbon Capture project is a proposal to retrofit post combustion carbon capture technology on up to all three of the existing Combined Cycle Gas Turbine (CCGT) units at the power plant, with the potential to capture over 2 million tonnes of CO2 per year.
  • This highly optimized design will make use of Aker Carbon Capture's best in class intellectual property, process design expertise and project execution experience.
  • The Grain Carbon Capture project will contribute towards Uniper's ambitious strategy to make our European power generation 80% carbon neutral by 2030.

Aker Carbon Capture awarded Process Design Package for Uniper's Grain power station in the UK, to potentially capture over 2 million tonnes of CO2 per year

Retrieved on: 
Wednesday, December 13, 2023
Carbon, CCS, CCGT, FEED, Isle, FID, Engineering, UK Government Web Archive, Engineering, procurement, and construction, CO2, Government, Combined cycle power plant, License, Process, Uniper, Isle of Grain, Electricity, PDP, GBP, EPC, Coal, Renewable energy

OSLO, Norway, Dec. 13, 2023 /PRNewswire/ -- Uniper has awarded Aker Carbon Capture a Process Design Package (PDP) to deliver design studies for a proposed post combustion carbon capture plant at their Grain power station in the Southeast of England, on the Isle of Grain, in Kent.

Key Points: 
  • OSLO, Norway, Dec. 13, 2023 /PRNewswire/ -- Uniper has awarded Aker Carbon Capture a Process Design Package (PDP) to deliver design studies for a proposed post combustion carbon capture plant at their Grain power station in the Southeast of England, on the Isle of Grain, in Kent.
  • Uniper's Grain Carbon Capture project is a proposal to retrofit post combustion carbon capture technology on up to all three of the existing Combined Cycle Gas Turbine (CCGT) units at the power plant, with the potential to capture over 2 million tonnes of CO2 per year.
  • This highly optimized design will make use of Aker Carbon Capture's best in class intellectual property, process design expertise and project execution experience.
  • The Grain Carbon Capture project will contribute towards Uniper's ambitious strategy to make our European power generation 80% carbon neutral by 2030.

Archax and The HBAR Foundation Extend Partnership for Staking and Real-World Asset Tokenisation

Retrieved on: 
Tuesday, December 12, 2023
Web 3.0, FCA, Entrepreneurship, Heart, EUR, System, Partnership, HTS, GBP, ESG, Cryptocurrency, Hedera, USD

LONDON, Dec. 12, 2023 /PRNewswire/ -- The HBAR Foundation and Archax have shared plans to enhance their partnership by expanding support for HBAR staking, the native cryptocurrency of the Hedera network, as well as the pursuit of further tokenisation projects. Building on the recent addition of HBAR to its crypto spot market, Archax has now further integrated support for the Hedera network and Hedera Token Service (HTS) into its products and services.

Key Points: 
  • LONDON, Dec. 12, 2023 /PRNewswire/ -- The HBAR Foundation and Archax have shared plans to enhance their partnership by expanding support for HBAR staking, the native cryptocurrency of the Hedera network, as well as the pursuit of further tokenisation projects.
  • The Archax institutional-grade crypto and digital asset custody service launched earlier this year and already supports the custody and trading of HBAR.
  • Working with Web 3.0 enterprise technology supplied by BCW Group , Archax has added staking support for Hedera, so that clients holding HBAR, in custody with Archax, now have the ability to earn yield on their assets.
  • Dwight van Diem, Managing Partner at BCW Group comments:
    "We're excited to partner with Archax to facilitate their ability to provide staking wallet services for HBAR.

Kindred Group plc - Interim report: January - September 2023 (unaudited), including non-recurring indicative underlying EBITDA guidance for the full year 2024

Retrieved on: 
Wednesday, November 29, 2023
EBITDA, ID, Disclosure, Kindred, Telephone, Sport, SEK, International Accounting Standards Board, Kindred Group, Growth, GBP, Auction, Arms industry, Commercial property

SLIEMA, Malta, Nov. 29, 2023 /PRNewswire/ --

Key Points: 
  • Underlying EBITDA increased by 6 per cent to GBP 42.6 (40.3) million.
  • Based on current market growth expectations, and considering Kindred's announced interim strategic review update, Kindred anticipates the full year 2024 underlying EBITDA to reach GBP 250 million.
  • Kindred also reiterates its full year 2023 underlying EBITDA guidance of at least GBP 200 million, assuming a normalised sports betting margin during the fourth quarter.
  • We reiterate our underlying EBITDA guidance for the full year 2023 of at least GBP 200 million, assuming a normalised sports betting margin during the fourth quarter."

Kindred Group plc - Interim report: January - September 2023 (unaudited), including non-recurring indicative underlying EBITDA guidance for the full year 2024

Retrieved on: 
Wednesday, November 29, 2023
EBITDA, ID, Disclosure, Kindred, Telephone, Sport, SEK, International Accounting Standards Board, Kindred Group, Growth, GBP, Auction, Arms industry, Commercial property

SLIEMA, Malta, Nov. 29, 2023 /PRNewswire/ --

Key Points: 
  • Underlying EBITDA increased by 6 per cent to GBP 42.6 (40.3) million.
  • Based on current market growth expectations, and considering Kindred's announced interim strategic review update, Kindred anticipates the full year 2024 underlying EBITDA to reach GBP 250 million.
  • Kindred also reiterates its full year 2023 underlying EBITDA guidance of at least GBP 200 million, assuming a normalised sports betting margin during the fourth quarter.
  • We reiterate our underlying EBITDA guidance for the full year 2023 of at least GBP 200 million, assuming a normalised sports betting margin during the fourth quarter."

HTC VIVE Announces VIVE Ultimate Tracker for All-in-One XR Headsets and PC VR Streaming

Retrieved on: 
Wednesday, November 29, 2023
Ultimate, Steam (service), CAD, XR, Dance, HTC, USD, Movement, EUR, HTC Vive, OpenXR, PC, UNC, Athlete, VR, VIVE, GBP, Satellite navigation device, Video game, Cryptocurrency, Nightclub, VRChat

Additionally, VIVE Ultimate Tracker supports PC VR streaming and is compatible with existing VIVE Tracker supported PC content.

Key Points: 
  • Additionally, VIVE Ultimate Tracker supports PC VR streaming and is compatible with existing VIVE Tracker supported PC content.
  • - VIVE Ultimate Tracker 3+1 Kit Special (USD $599): Includes 3 VIVE Ultimate Trackers, 1 Wireless Dongle*, 1 Dance Dash download key, and TrackStraps set for VIVE Ultimate Tracker.
  • - VIVE Ultimate Tracker 3+1 Kit Special (GBP £599): Includes 3 VIVE Ultimate Trackers, 1 Wireless Dongle, 1 Dance Dash download key, and TrackStraps set for VIVE Ultimate Tracker.
  • - VIVE Ultimate Tracker 3+1 Kit Special (EUR €669): Includes 3 VIVE Ultimate Trackers, 1 Wireless Dongle, 1 Dance Dash download key, and TrackStraps set for VIVE Ultimate Tracker.