IPB

Greenalia Secures $200 Million of 3-Year Credit Facilities

Retrieved on: 
Friday, February 16, 2024

NEW YORK, Feb. 16, 2024 /PRNewswire/ -- Greenalia S.A. (the "Company" or "Greenalia"), a leading Spanish developer of renewable power projects, today announced the close of $200 million of three-year credit facilities to support the development of its solar and wind project pipeline in the U.S. Greenalia Power US Advanced II, LLC ("Greenalia US" or the "Borrower") is a subsidiary of Greenalia that acquires, develops, constructs and operates utility-scale solar, wind and energy storage projects in the U.S.

Key Points: 
  • The Facilities are the first for Greenalia in the North American market and are a testament to Greenalia's rapid growth in the United States.
  • Proceeds from the Facilities will enable Greenalia US to finance project equipment, as well as other development and construction expenses, helping to accelerate the development of its portfolio.
  • This innovative financing will enable Greenalia to scale up their US business across multiple technologies.
  • This tailored structure, combining both bank and private credit capital, is poised to significantly advance Greenalia's project pipeline in the coming years," said Schuyler Fabian, Partner at PEI Global Partners ("PEI").

EQS-News: Macan sets new standards: the first all-electric SUV from Porsche

Retrieved on: 
Tuesday, January 30, 2024

Ten years after its launch, the Porsche Macan is heading into its second model generation, now in all-electric form.

Key Points: 
  • Ten years after its launch, the Porsche Macan is heading into its second model generation, now in all-electric form.
  • Through its progressive, timeless design, characteristic Porsche performance, long-distance range and high everyday practicality, the new Macan 4 and the new Macan Turbo aim to completely fulfil the requirements of Porsche customers choosing an SUV.
  • The Macan 4 accelerates from a standstill to 100 km/h in 5.2 seconds, while the Macan Turbo takes just 3.3 seconds.
  • Porsche developed the Macan with a keen focus on quintessential Porsche driving dynamics and a characteristic steering feel.

World premiere: Porsche takes the all-electric 2024 Macan to a new level

Retrieved on: 
Thursday, January 25, 2024

Ten years after its launch, the Porsche Macan is heading into a bold new direction, now in all-electric form.

Key Points: 
  • Ten years after its launch, the Porsche Macan is heading into a bold new direction, now in all-electric form.
  • The Macan 4 accelerates from a standstill to 60 mph in 4.9 seconds, while the Macan Turbo takes just 3.1 seconds.
  • Porsche developed the Macan with a keen focus on quintessential Porsche driving dynamics and a characteristic steering feel.
  • The standard Porsche Communication Management (PCM) in the new Macan takes computing performance to a new level.

World premiere: Porsche takes the all-electric 2024 Macan to a new level

Retrieved on: 
Thursday, January 25, 2024

Ten years after its launch, the Porsche Macan is heading into its second model generation, now in all-electric form.

Key Points: 
  • Ten years after its launch, the Porsche Macan is heading into its second model generation, now in all-electric form.
  • The Macan 4 accelerates from a standstill to 100 km/h in 5.2 seconds, while the Macan Turbo takes just 3.3 seconds.
  • The standard Porsche Communication Management (PCM) in the new Macan takes computing performance to a new level.
  • Porsche developed the Macan with a keen focus on quintessential Porsche driving dynamics and a characteristic steering feel.

Editage Partners with IPB University to Support Researchers with Publication Needs

Retrieved on: 
Wednesday, October 25, 2023

This partnership, announced on 26 September 2023, is designed to support the university’s researchers with their publication needs.

Key Points: 
  • This partnership, announced on 26 September 2023, is designed to support the university’s researchers with their publication needs.
  • With this partnership, Editage also aims to assist IPB University’s academic community including researchers, lecturers, and students with other future needs such as organising webinars, trainings, events, and more.
  • Commenting on the partnership, Abhishek Goel, CEO and Co-Founder, CACTUS, said, “We are excited to partner with IPB University to ensure a smooth research and publication process for its academic community.
  • IPB University is one of the most esteemed universities in Indonesia and we are honoured that they have chosen our flagship brand Editage to support their research needs.

Intersect Power Secures an Up to $800 Million Revolving Credit Facility to Support Expansion of its Clean Energy Platform

Retrieved on: 
Tuesday, June 27, 2023

HOUSTON, June 27, 2023 /PRNewswire/ -- Intersect Power, LLC, ("Intersect Power" or "Intersect"), announced the closing of an up to $800 million new revolving corporate credit facility to support its continued organizational growth and expansion of its clean energy platform.

Key Points: 
  • HOUSTON, June 27, 2023 /PRNewswire/ -- Intersect Power, LLC, ("Intersect Power" or "Intersect"), announced the closing of an up to $800 million new revolving corporate credit facility to support its continued organizational growth and expansion of its clean energy platform.
  • Additional banks participating in the facility include Joint Lead Arrangers, First Citizens Bank, and HSBC, as well as participating lender Celtic Bank Corporation.
  • "This deal is one of the largest of its kind ever done in the clean energy sector," said Intersect Power CEO Sheldon Kimber.
  • This new credit facility follows $1 billion in growth equity investment from TPG Rise Climate, CAI Investments, and Trilantic Energy Partners North America.

Robert H. Wellen, Distinguished Tax Expert and IRS Official, Returns to Ivins, Phillips & Barker

Retrieved on: 
Tuesday, June 6, 2023

WASHINGTON, June 6, 2023 /PRNewswire/ -- Ivins, Phillips & Barker (IPB) warmly welcomes Robert H. Wellen, who returns to the firm as a partner in its Washington, DC office.

Key Points: 
  • WASHINGTON, June 6, 2023 /PRNewswire/ -- Ivins, Phillips & Barker (IPB) warmly welcomes Robert H. Wellen, who returns to the firm as a partner in its Washington, DC office.
  • Most recently, Wellen held the position of IRS Associate Chief Counsel (Corporate) for almost eight years.
  • His distinguished career has been marked by significant contributions to tax law in both private practice and government service.
  • With them, IPB is the only law or accounting firm to have two former heads of the IRS corporate tax team.

Emerita announces 14.07 MT Indicated Resource grading 3.29% Zn, 1.66% Pb, 0.46% Cu, 75.2 g/t Ag and 1.39 g/t Au (7.63% ZnEq) and 4.71 MT Inferred Resource at 4.70% Zn, 2.14% Pb, 0.54% Cu, 72.4% Ag, 0.90 g/t Au (9.29% ZnEq). Deposits remain open and drilli

Retrieved on: 
Tuesday, May 23, 2023

Input drillhole data was restricted to surface diamond drilling completed by Emerita from 2022 to 2023.

Key Points: 
  • Input drillhole data was restricted to surface diamond drilling completed by Emerita from 2022 to 2023.
  • Inverse Distance Squared (IDW2) was carried out in the La Infanta South 1 domain, where the number of composites was insufficient for effective variogram modelling.
  • The South Block sits approximately 15.0m in the hanging wall above the South Block 1 in a structurally controlled system.
  • The North Block sits approximately 30.0m in the hanging wall above the South Block in a structural controlled system.

Eric Solomon, Esteemed Tax Authority, Joins Ivins, Phillips & Barker

Retrieved on: 
Monday, May 8, 2023

Solomon brings a wealth of knowledge and experience to IPB, having most recently served as a Partner and then Senior Counsel at Steptoe & Johnson LLP, where he focused on transactional tax, tax policy, and tax controversy issues.

Key Points: 
  • Solomon brings a wealth of knowledge and experience to IPB, having most recently served as a Partner and then Senior Counsel at Steptoe & Johnson LLP, where he focused on transactional tax, tax policy, and tax controversy issues.
  • He was Assistant Secretary for Tax Policy, the highest tax policy position in the Treasury, from 2006 to 2009.
  • Eric Fox, Managing Partner of IPB, expressed enthusiasm about Solomon's arrival, stating, "We are excited to welcome Eric to our firm.
  • "IPB's team sets the bar high, with its deep understanding of tax law and reputation for unmatched client service."

BayWa r.e. Secures $115M Credit Facility to Support Late-Stage Solar+Storage Projects

Retrieved on: 
Tuesday, May 2, 2023

IRVINE, Calif., May 2, 2023 /PRNewswire/ -- BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects as it continues to grow its footprint in the U.S. clean energy market.

Key Points: 
  • has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects as it continues to grow its footprint in the U.S. clean energy market.
  • The credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in several states including North Carolina, Illinois, Kentucky, Arkansas, and Washington.
  • The credit facility includes a revolving credit facility and letter of credit to provide financing for the expansion of projects across a number of jurisdictions.
  • As additional projects are added to the portfolio, the credit facility is expected to be upsized in the coming months.