CEF

MidCap Financial Investment Corporation, Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Filing of Definitive Joint Proxy Statement / Prospectus Relating to Previously Announced Proposed Mergers

Retrieved on: 
Thursday, April 4, 2024
CEF, Indian Sugar Mills Association, UNII, Rotation, Proxy, Telephone, APO, Internet, AFT, NAV, Capital gain, BDC, Holding company

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC), Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (AFT and AIF, together, the “CEFs”) today announced the filing of a definitive joint proxy statement / prospectus (the “Joint Proxy Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the previously announced proposed mergers of AFT and AIF with and into MFIC (each, a “Merger” and together, the “Mergers”). The registration statement previously filed by MFIC in connection with the Mergers (the “Registration Statement”) was declared effective by the SEC on April 3, 2024. MFIC, AFT and AIF have each set a record date and scheduled a special meeting of its stockholders to vote on the respective proposal related to the Mergers.

Key Points: 
  • MFIC, AFT and AIF have each engaged Broadridge, an independent proxy solicitation firm, to assist in the solicitation of proxies in connection with the Mergers.
  • If your vote has not been received after a reasonable amount of time, you may receive a telephone call from Broadridge reminding you to vote your shares.
  • Voting by proxy does not deprive you of your right to participate in the virtual special meetings.
  • As of December 31, 2023, the UNII for AFT and AIF was $0.14 per share and $0.17 per share, respectively.

PSE&G's Energy Efficiency Programs Projected to Save $445M and Avoid Approximately 1.5M Metric Tons of Carbon Emissions Annually

Retrieved on: 
Thursday, April 4, 2024
Electricity, CEF, Dow Jones, Natural gas, EnergySolutions, Gas, J.D. Power, Edison Electric Institute, C&I, Mid-Atlantic (United States), Carbon, Partner, PEG, Renewable energy

NEWARK, N.J., April 4, 2024 /PRNewswire/ -- PSE&G's latest report on its Clean Energy Future Energy Efficiency (CEF-EE) initiatives indicates a continuation of significant accomplishments from programs through December 31, 2023. Since the start of the CEF-EE program, approximately 1.8 million customers have benefited from PSE&G's energy-saving tools, receiving valuable insights through energy usage reports, with about 360,000 taking action to save energy and money through PSE&G's suite of energy efficiency programs.

Key Points: 
  • Participating customers are projected to save a collective $445 million[i] annually on their utility bills thanks to various program initiatives such as conducting approximately 65,000 home energy assessments[ii].
  • Additionally, participating natural gas customers are expected to save approximately 52 million therms of natural gas annually.
  • Together, these efforts are estimated to avoid about 1.5 million metric tons of carbon dioxide emissions annually[iv], roughly equivalent to the emissions from 325,000 gasoline-powered cars on the road for a year[v].
  • For more information on PSE&G's energy efficiency programs, including how to participate, visit homeenergy.pseg.com for residential customers or bizsave.pseg.com for business customers.

EU Commission to fund first ever private 5G network to enable wireless wearable technologies at an operating European Hospital

Retrieved on: 
Tuesday, March 26, 2024
Civil service commission, Bit, CEF, Environment, InvestEU, Digital, Patient, Connecting Europe Facility, Research, Recovery, Hospital, University, Surgeon, Workflow, Investment, Fraunberg, Network, European Commission, Public sector, Workload, Nursing, Oulu University Hospital, Health

LONDON, March 26, 2024 /PRNewswire/ -- Boldyn Networks (Boldyn), the University of Oulu, Oulu University Hospital, and WICOAR Technologies, have received the official funding decision by the European Commission in the CEF Digital1 program for their "Hola 5G Oulu" project. Working together as a consortium the four parties will collaborate to bring a private 5G network to Oulu University Hospital and enable wireless wearable solutions for more efficient patient care. The network is considered the first ever private 5G network to be deployed at an operating hospital in Europe.

Key Points: 
  • A private 5G network will be the foundation for wireless wearable technologies at Oulu University Hospital in Finland.
  • Working together as a consortium the four parties will collaborate to bring a private 5G network to Oulu University Hospital and enable wireless wearable solutions for more efficient patient care.
  • The network is considered the first ever private 5G network to be deployed at an operating hospital in Europe.
  • By establishing the first private 5G network within a functioning hospital, the project lays the groundwork for secure, efficient patient care through innovative wearable technologies.

GeoVax Achieves Milestone in Transition to Commercially Validated Manufacturing System

Retrieved on: 
Wednesday, March 6, 2024
COVID-19, Biotechnology, GeoVax, City, Cancer, Immunodeficiency, Vaccine, CDMO, Biomedicine, Oxford Biomedica, Good, Infection, Genetics, CGMP, MVA, CEF

ATLANTA, GA, March 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – GeoVax Labs, Inc. (Nasdaq: GOVX), a biotechnology company developing immunotherapies and vaccines against cancers and infectious diseases, today announced a significant milestone toward implementation of a validated chicken embryonic fibroblast (CEF) based production system for the company’s MVA-based vaccines, with the release of its first lot of GEO-CM04S1 (next-generation Covid-19 vaccine) produced with a commercial manufacturing platform. This milestone marks the successful completion of the transfer and scale-up of manufacturing from the research-focused Center for Biomedicine & Genetics at City of Hope (Duarte, CA) to the experienced CDMO ABL Europe (a subsidiary of Oxford Biomedica), the Company’s cGMP (current Good Manufacturing Procedures) manufacturing partner.

Key Points: 
  • This milestone marks the successful completion of the transfer and scale-up of manufacturing from the research-focused Center for Biomedicine & Genetics at City of Hope (Duarte, CA) to the experienced CDMO ABL Europe (a subsidiary of Oxford Biomedica), the Company’s cGMP (current Good Manufacturing Procedures) manufacturing partner.
  • David Dodd, GeoVax President and CEO, commented, “The successful establishment of cGMP production at ABL Europe represents great progress for GeoVax and the CM04S1 program.
  • This latest manufacturing milestone also validates our choice of ABL Europe as our partner for cGMP production of our MVA-based vaccine candidates.
  • These developments signify GeoVax's commitment to improving vaccine accessibility through cost-effective and scalable manufacturing processes.”

Poland Construction Market Forecast Report: Average Annual Growth Rate of 3.4% is Predicted During 2025-2027, Under the Kolej Plus Program, the Government Plans to Spend PLN6.6 billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 21, 2024
Commercial Building & Real Estate, Construction & Property, Rail, Maritime, Urban Planning, Transport, Public Policy, Government, Architecture, White House, Federal Government, Residential Building & Real Estate, REPowerEU, Minister, Construction, European Investment Bank, Investment, BofA Securities, Growth, Baltic, Sector, Commercial, City, Council, CEF, EIB

The construction industry in Poland was forecast to grow by 1.3% in real terms in 2023, owing to government efforts to increase investment in transport and energy infrastructure projects.

Key Points: 
  • The construction industry in Poland was forecast to grow by 1.3% in real terms in 2023, owing to government efforts to increase investment in transport and energy infrastructure projects.
  • In June 2023, the country received PLN4.4 billion ($906.8 million) in funding from the European Union's Connecting Europe Facility (CEF) to implement transport infrastructure projects.
  • Under the Kolej Plus program, the government plans to spend PLN6.6 billion ($1.7 billion) by 2028 to develop railway infrastructure in cities that currently do not have access to railway transport.
  • It provides -
    Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Poland, featuring details of key growth drivers.

CEF 2024: Launch of coordinated enforcement on the right of access

Retrieved on: 
Saturday, March 9, 2024
EL, Exercise, GDPR, DPA, Public sector, CNIL, LFD, European Data Protection Board, EDPB, EEA, Heart, CEF, News

Brussels, 28 February - The European Data Protection Board has kicked off its Coordinated Enforcement Framework (CEF) action for 2024.

Key Points: 
  • Brussels, 28 February - The European Data Protection Board has kicked off its Coordinated Enforcement Framework (CEF) action for 2024.
  • In addition, it often enables the exercise of the other data protection rights, such as the right to rectification and erasure.
  • In 2023, the EDPB adopted Guidelines on data subject rights - Right of access to help organisations respond to data access requests from individuals in line with the requirements set out in the GDPR.
  • This series of actions is the third initiative under the Coordinated Enforcement Framework (CEF), which aims to streamline enforcement and cooperation among DPAs.

FLX Closed-End Fund Nexus Launches for Better Industry Engagement

Retrieved on: 
Thursday, March 7, 2024
Nexus, Marketing, FLX, Access, CEF, Education, Cryptocurrency

BERNARDSVILLE, N.J., March 7, 2024 /PRNewswire/ -- FLX Networks, the innovative network revolutionizing the engagement experience between asset and wealth managers, today launched the first-ever turnkey solution bridging engagement between closed-end fund (CEF) asset manager issuers, wealth managers, financial advisors, and investors in this $250 billion market.

Key Points: 
  • The new FLX CEF Nexus helps asset managers educate, update, and connect with intermediaries and their clients via a robust technology solution and comprehensive set of services including distribution, marketing, sales, compliance, content, data, workflows, and related tasks.
  • "The fragmented, costly, and ineffective closed-end fund service model needs a new approach," said Brian Moran, FLX CEO & Founder.
  • "FLX CEF Nexus offers a new model for connection and information-sharing among asset managers, wealth management and advisors, creating a better investor experience, driving greater fund visibility, improving engagement in the secondary market, and helping to develop initial public offerings in the closed-end space."
  • The FLX CEF Nexus includes:

Canada and FCM Invest $8.6 Million for Cost-Saving Home Energy Upgrades in Peterborough

Retrieved on: 
Thursday, February 22, 2024
FCM, The Honourable, News, City, Federation, Renewable energy, Climate change, Natural Resources, Government, Carbon, CEF, Heat, GMF, CO2, Employment, Environment, GHG, Partnership

PETERBOROUGH, ON, Feb. 22, 2024 /CNW/ - Boosting home energy efficiency can help fight climate change and reduce costs to homeowners.

Key Points: 
  • PETERBOROUGH, ON, Feb. 22, 2024 /CNW/ - Boosting home energy efficiency can help fight climate change and reduce costs to homeowners.
  • Home retrofits are essential to achieve these goals, as 23% of emissions in the city come from the 34,660 residential dwellings.
  • "Through the Community Efficiency Financing initiative, the Government of Canada and the FCM are empowering Canadian communities to advance energy efficiency.
  • I want to sincerely thank the Government of Canada and the Federation of Canadian Municipalities for providing financial support for our new Home Energy Efficiency Program."

SPLANG and EllaLink unveil plans for building a direct connection between French Guiana and Continental Europe

Retrieved on: 
Thursday, January 18, 2024
Guiana Space Centre, European, FTTH, Research, CEF, Enderby's Wharf, ROADM, European Commission, CTG, West Indies, Connecting Europe Facility, EllaLink, CNES, RTD, Transport, Regeneration, Space research, SVP, Communications satellite

This new submarine branch will land in Cayenne, French Guiana, and include 2 fibre pairs.

Key Points: 
  • This new submarine branch will land in Cayenne, French Guiana, and include 2 fibre pairs.
  • The new infrastructure will also enable direct connections from French Guiana to Fortaleza, Brazil.
  • Being so remote from Continental Europe makes it difficult for the region to enjoy a direct and secure connection with the rest of Europe.
  • The project will protect French Guiana's existing connection to the global network with a fully diverse and low-latency connection.

EDPB identifies areas of improvement to promote the role and recognition of DPOs

Retrieved on: 
Friday, January 19, 2024
CNIL, GIS, EL, GDPR, EDPB, CEF, Knowledge, Attention, EPD, EDPS, Efficiency, Statistics, DPO, European Economic Area, Compliance, DPA, Exercise, Time, DA, Satellite navigation device

DPOs play an important part in contributing to compliance with data protection law and promoting effective protection of data subject rights.

Key Points: 
  • DPOs play an important part in contributing to compliance with data protection law and promoting effective protection of data subject rights.
  • Through the CEF, DPAs investigated whether DPOs have the means to fulfil their tasks, as required by the GDPR.
  • DPOs play an important part in contributing to compliance with data protection law and promoting effective protection of data subject rights.
  • Through the CEF, DPAs investigated whether DPOs have the means to fulfil their tasks, as required by the GDPR.
  • The CEF is a key action of the EDPB under its 2021-2023 Strategy, aimed at streamlining enforcement and cooperation among DPAs.