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EnCap Investments Sells Jupiter Power to BlackRock

Retrieved on: 
Tuesday, November 15, 2022

EnCap Investments L.P. (EnCap) today announced that BlackRock Alternatives (BlackRock), through a fund managed by its Diversified Infrastructure business, has agreed to acquire Jupiter Power LLC (Jupiter), a leading U.S. operator and developer of stand-alone, utility-scale battery energy storage systems.

Key Points: 
  • EnCap Investments L.P. (EnCap) today announced that BlackRock Alternatives (BlackRock), through a fund managed by its Diversified Infrastructure business, has agreed to acquire Jupiter Power LLC (Jupiter), a leading U.S. operator and developer of stand-alone, utility-scale battery energy storage systems.
  • This allowed Jupiter to become a leader in bridging the gap between intermittent generation supply and real-time consumer demand for power.
  • Jupiter is backed by EnCap Investments L.P., Yorktown Partners, and Mercuria Energy, and has offices in Austin and Houston, Texas, and Chicago, Illinois.
  • For more information on Jupiter Power, please visit our Twitter, LinkedIn, or Facebook pages or visit www.jupiterpower.io
    View source version on businesswire.com: https://www.businesswire.com/news/home/20221114006002/en/

Women's World Banking Announces Fintech Innovation Challenge Winners

Retrieved on: 
Tuesday, October 12, 2021

NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.

Key Points: 
  • NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.
  • Both companies clearly demonstrate the game-changing potential of fintechs to advance women's economic empowerment on a broader scale," said Mary Ellen Iskenderian, President and CEO of Women's World Banking.
  • "The Fintech Innovation Challenge has established itself globally as a key platform for attracting equity-minded innovators and encouraging bold solutions to financial exclusion for women.
  • The winners of the Female Founder Award will receive a 1:1 marketing and PR strategy consult with Anthemis , a leading fintech investment platform.

Women's World Banking Announces Fintech Innovation Challenge Winners

Retrieved on: 
Tuesday, October 12, 2021

NEW YORK, Oct. 12, 2021 /PRNewswire/ -- Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series. Each year, the Challenge provides a global stage for fintechs to present innovative solutions and business models that help build economic security and prosperity for unbanked, underserved women. This year's competition culminated in a live virtual event to honor both recipients and get a deeper look into their fintech solutions, as well as hear from guest speakers to discuss the role of financial technology in the future of women's economic empowerment.

Key Points: 
  • NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.
  • Both companies clearly demonstrate the game-changing potential of fintechs to advance women's economic empowerment on a broader scale," said Mary Ellen Iskenderian, President and CEO of Women's World Banking.
  • "The Fintech Innovation Challenge has established itself globally as a key platform for attracting equity-minded innovators and encouraging bold solutions to financial exclusion for women.
  • The winners of the Female Founder Award will receive a 1:1 marketing and PR strategy consult with Anthemis , a leading fintech investment platform.

Ideanomics in Transformative Deal, to Acquire VIA Motors Valued at Up to $630MM

Retrieved on: 
Monday, August 30, 2021

VIA Motors is also working with an autonomous technology company to provide electrification of autonomous trucks for short-haul and mid-mile delivery.

Key Points: 
  • VIA Motors is also working with an autonomous technology company to provide electrification of autonomous trucks for short-haul and mid-mile delivery.
  • "This is a transformative deal for Ideanomics," said Shane McMahon, Executive Chairman of Ideanomics.
  • "It also provides Ideanomics a full OEM manufacturing capability which are synergistic to our other operating businesses."
  • "VIA Motors is changing last and mid-mile delivery with innovative electric commercial vehicles that fleets can afford," said Bob Purcell, CEO of VIA Motors.