Author: Nick Wilsion

In partnership with Global Power Generation (GPG), Deutsche Bank AG and Sinosure, Vestas has led another successful payment deferral facility, this time for the Crookwell 3 Wind Farm, valued at $72M AUD. Aimed to extend a project’s short-term payment terms over the construction period and beyond, Vestas’ Financial Solutions in Asia Pacific/China executed the Export Credit Agency (ECA) backed facility. This facility was structured and executed in a little over two months. Driving Vestas’ ambition to accelerate the deployment of renewables and continue to provide energy solutions throughout the value chain, this mechanism provides another path for financial backing and…

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New products via FP Markets Metatrader 4 (MT4) & Metatrader 5 (MT5) Platform include Bonds, Commodities, Cryptocurrency CFDs and Equities. FP Markets has expanded its offering by adding new products on the FP Markets MT4 & MT5 Platforms. Recently awarded as the ‘Best FX Broker Australia’ 2021 for a second consecutive year, FP Markets continues to set the benchmark in CFDs and Forex and is pleased to announce it has added the following products to its wide-ranging product offering: Bonds: – US 10 YR T-Note Futures (US10YR) – UK Long Gilt Futures (GILT) Commodities: –  US Coffee (COFFEE) –  Silver …

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Landis+Gyr Group AG (SIX: LAND), a leading provider of integrated energy management solutions, today announced that its subsidiary Landis+Gyr Pty Ltd. has entered into an agreement to sell its ownership in Intellihub Operations Pty Ltd (“Intellihub”) for over AUD 310 million in total. The buyer, global asset manager Brookfield will become a strategic investor in Intellihub Group, the smart utility infrastructure-as-a-service company, alongside Pacific Equity Partners’ (PEP) Secure Assets Fund. Brookfield will acquire Landis+Gyr’s 16.8% interest in the company, diluted from approximately 20% after the conversion of a previously issued convertible note during the course of the transaction. The transaction…

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Businessman Walid Giahmi has welcomed the dismissal earlier this month of the Libyan Investment Authority’s most recent case against him. His Honour Judge Pelling QC sitting as a judge of the High Court, the said the LIA had “no real prospect of success” of showing that it had lodged its $200 million claim against Credit Suisse and four other defendants in a timely manner. [2021] EWHC 2684 (Comm). His Honour noted that the earlier $200 million case of LIA vs J.P. Morgan, in which Mr Giahmi was also a defendant, had also been dismissed on a similar basis by Mr…

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Altive(https://www.altive.com/au), the Hong Kong’s leading alternative investment platform backed by PCG Group and Alibaba Entrepreneur Funds, is glad to have received a strong investment rating for one of its feeder fund products, “Carlyle Secured Lending III Altive Access Fund” (the Fund)”. The fund has been assigned a STRONG Investment Rating by Foresight Analytics. The Fund is managed by Altive(https://www.altive.com/au) and the underlying fund is managed by Carlyle Global Credit Investment Management L.L.C. (Carlyle). A STRONG rating indicates a strong conviction that the fund can deliver a risk-adjusted return in line with its investment objective. The Fund invests substantially into common…

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DAOs, the companies of the future, managed by smart contracts, will make it to the traditional economy, from Wyoming, thanks to ELOCOIN. The ELO metaverse will allow new DAOs to be hosted in a 100-storey building. ELOCOIN will be available on December 17, 2021 on Apeswap’s SS-IAO ELOCOIN, a token which will allow investment from the crypto world into traditional economy companies, adapting DAOs to Wyoming State regulations, and setting a paradigm for value transfer, wealth and jobs creation in the traditional economy, starting from its metaverse. The state of Wyoming is considered an oasis for the cryptocurrency industry in…

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More than 80% of global chief executives across 44 industries believe economic growth will remain strong in 2022, although it’s not without a high level of uncertainty, according to a new survey by YPO ( https://c212.net/c/link/?t=0&l=en&o=3390168-1&h=179962671&u=http%3A%2F%2Fwww.ypo.org%2Fglobal-pulse&a=YPO ). Logo – https://mma.prnewswire.com/media/1065220/YPO_Logo.jpg Conducted 18 November – 5 December with 1,700 chief executives in 101 countries responding, top YPO Global Pulse Survey findings include: — Things are looking up for many companies in terms of revenue growth and hiring. — Among those surveyed, 37% reported a 20% increase in revenue or more since the beginning of 2021, and only 17% saw a decrease of 10% or…

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PR Newswire launched its Business & Finance Media Pitching Kit 2021 (APAC Edition) today, offering insights for brands pitching to business and finance media amidst a global economic outlook that remains clouded by uncertainties. As the economy is reeling from the impact of the COVID-19 pandemic, many brands have shifted their business priorities and accelerated their digital transformation. Over the past year, there has been an increased use of digital currencies, and more brands are prioritizing Environmental, Social & Governance (ESG) initiatives. The wave of changes has presented brands with many opportunities to share their stories with journalists who demand…

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The Council of Ministers, in its session held today,12  December 2021, under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz approved the budget for the fiscal year 2022, with a total expenditure of SAR 955 billion, total revenues of about SAR 1,045 billion, and a surplus of about SAR 90 billion. On this occasion, His Excellency the Minister of Finance Mr. Mohammed Al-Jadaan, extended his thanks and gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and HRH the Crown Prince, Deputy Prime Minister and Minister of Defense, Prince Mohammed…

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Amazon revolutionized purchasing with “1-Click”. Now, Swedish Fintech Minna Technologies is bringing the ‘1-click’ experience to banks’ mobile applications, further showcasing the promise of open banking. Amazon invented the “1-Click” checkout, giving their customers the ability to make purchases on the web with just a click of a button. Today, it’s merely a swipe and we live in a world where digital, friction-less purchasing behavior is status-quo. Minna Technologies is empowering banking customers to manage their subscriptions just as easily. Its technology enables banking clients to manage their full subscription spend frictionlessly within the native banking app environment. Bringing the…

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