Siemens Financial Services

Direct air capture company CarbonCapture Inc. closes $80 million Series A financing

Retrieved on: 
Tuesday, March 12, 2024
Microsoft, Boston Consulting Group, Automation, Finance Secretary (India), Climate change, McKinsey & Company, Growth, JPMorgan Chase, Science, Climate Pledge Fund, Meta, Stripe, Carbon, Investment, DAC, Hydrogen, Ecosystem, LOS, Renewable energy, Siemens Financial Services

CarbonCapture develops, manufactures, and deploys highly scalable solid sorbent DAC systems based on its patented modular open systems architecture.

Key Points: 
  • CarbonCapture develops, manufactures, and deploys highly scalable solid sorbent DAC systems based on its patented modular open systems architecture.
  • "We are excited to support the growth of CarbonCapture Inc., an innovative company advancing the scalability and accessibility of carbon removal."
  • "Aramco Ventures is very pleased to support CarbonCapture's unique, modular direct air capture platform," said Chris Haase, Investment Director of Aramco Ventures.
  • "Siemens Financial Services is proud to collaborate with CarbonCapture Inc. as they take a leading role commercializing direct air capture in the US," said Steffen Grosse, CEO of Equity Finance, Siemens Financial Services.

H2 Green Steel raises more than €4 billion in debt financing for the world's first large-scale green steel plant

Retrieved on: 
Monday, January 22, 2024
UniCredit, CO2, KfW, ING, AIP, Euler Hermes, Environment, Electricity, Documentation, European Commission, Siemens Financial Services, Société Générale, United States free-trade agreements, Swedish National Debt Office, Climate, Investment, Steelmaking, BNP Paribas, Steel, BofA Securities, European Investment Bank, KfW IPEX-Bank

STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.

Key Points: 
  • STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.
  • H2 Green Steel has now secured funding of close to €6.5 billion for the world's first large-scale green steel plant in Northern Sweden.
  • The construction of the flagship green steel plant in Boden, with integrated green hydrogen and green iron production, is well under way.
  • "H2 Green Steel is an excellent example of the kind of breakthrough projects that the EU Innovation Fund is supporting.

H2 Green Steel raises more than €4 billion in debt financing for the world's first large-scale green steel plant

Retrieved on: 
Monday, January 22, 2024
UniCredit, CO2, KfW, ING, AIP, Euler Hermes, Environment, Electricity, Documentation, European Commission, Siemens Financial Services, Société Générale, United States free-trade agreements, Swedish National Debt Office, Climate, Investment, Steelmaking, BNP Paribas, Steel, BofA Securities, European Investment Bank, KfW IPEX-Bank

STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.

Key Points: 
  • STOCKHOLM, Jan. 22, 2024 /PRNewswire/ -- H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million.
  • H2 Green Steel has now secured funding of close to €6.5 billion for the world's first large-scale green steel plant in Northern Sweden.
  • The construction of the flagship green steel plant in Boden, with integrated green hydrogen and green iron production, is well under way.
  • "H2 Green Steel is an excellent example of the kind of breakthrough projects that the EU Innovation Fund is supporting.

Peapack-Gladstone Bank Appoints Rich Johnston as President, Peapack Capital, a Subsidiary of Peapack-Gladstone Bank

Retrieved on: 
Thursday, January 11, 2024
Capital market, Fordham University, Rich Johnston, Rich, Bank, Fairfield University, Business administration, Siemens Financial Services, PGC, Master, Growth

BEDMINSTER, NJ, Jan. 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:  PGC) and Peapack-Gladstone Bank announce the appointment of Rich Johnston as President, Peapack Capital, a subsidiary of the Bank, which focuses on equipment finance and leasing.

Key Points: 
  • BEDMINSTER, NJ, Jan. 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:  PGC) and Peapack-Gladstone Bank announce the appointment of Rich Johnston as President, Peapack Capital, a subsidiary of the Bank, which focuses on equipment finance and leasing.
  • Rich is now responsible for overseeing all originations and asset finance transactions from bank lessors, independent lessors, finance companies and intermediaries, in addition to out-bound syndications.
  • Since joining Peapack Capital in 2017, he has played a significant role in the growth of this important business segment.
  • He has a consistent track record as a top performer at all levels of his career in equipment finance.

Fairfax India Completes Acquisition of an Additional 7% Interest in Bangalore International Airport Limited

Retrieved on: 
Tuesday, December 12, 2023
Partnership, NOT, Acquisition, News, Kempegowda International Airport, Siemens Financial Services, BIAL, KIAB, SFS, TSX, Airline

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the second closing of its acquisition of an additional equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens Financial Services (“SFS”).

Key Points: 
  • TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the second closing of its acquisition of an additional equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens Financial Services (“SFS”).
  • In connection with the second closing, Fairfax India, through its wholly-owned subsidiary, acquired an additional 7% equity interest in BIAL for consideration of $175 million.
  • As previously announced, in the initial transaction, Fairfax India, through its wholly-owned subsidiary, acquired an additional 3% equity interest in BIAL from SFS for consideration of $75 million.
  • KIAB is the first greenfield airport in India built through a public-private partnership.

Enfinity Global closes €118 million financing for 101 MW in four solar power plants in Italy

Retrieved on: 
Monday, December 4, 2023
Carbon, Bayerische Landesbank, Plant, CO2, Tree, Professional, Siemens Financial Services, UniCredit, Electricity, Enfin Réunis, PV, Life, VAT, ESG, Renewable energy

MILAN, Dec. 4, 2023 /PRNewswire/ -- Enfinity Global Inc, a leader in renewable energy, today announced that it has closed €118 million in financing for the construction of 101 MW in four utility-scale solar power plants located in the region of Lazio (Italy), which are expected to become operational in 2024.

Key Points: 
  • MILAN, Dec. 4, 2023 /PRNewswire/ -- Enfinity Global Inc, a leader in renewable energy, today announced that it has closed €118 million in financing for the construction of 101 MW in four utility-scale solar power plants located in the region of Lazio (Italy), which are expected to become operational in 2024.
  • The financing will provide €77 million of non-recourse senior debt, €41 million of VAT financing, and LC facilities for PPAs and PV modules.
  • Enfinity Global is currently building four additional projects in Italy, totaling 134 MW, in the province of Viterbo (Lazio), for which it previously closed €165 million in financing.
  • "Financing plays a key role in bringing large-scale ventures to life, especially when investing in capital-intensive infrastructure like solar power plants.

Enfinity Global closes €118 million financing for 101 MW in four solar power plants in Italy

Retrieved on: 
Monday, December 4, 2023
Carbon, Bayerische Landesbank, Plant, CO2, Tree, Professional, Siemens Financial Services, UniCredit, Electricity, Enfin Réunis, PV, Life, VAT, ESG, Renewable energy

MILAN, Dec. 4, 2023 /PRNewswire/ -- Enfinity Global Inc, a leader in renewable energy, today announced that it has closed €118 million in financing for the construction of 101 MW in four utility-scale solar power plants located in the region of Lazio (Italy), which are expected to become operational in 2024.

Key Points: 
  • MILAN, Dec. 4, 2023 /PRNewswire/ -- Enfinity Global Inc, a leader in renewable energy, today announced that it has closed €118 million in financing for the construction of 101 MW in four utility-scale solar power plants located in the region of Lazio (Italy), which are expected to become operational in 2024.
  • The financing will provide €77 million of non-recourse senior debt, €41 million of VAT financing, and LC facilities for PPAs and PV modules.
  • Enfinity Global is currently building four additional projects in Italy, totaling 134 MW, in the province of Viterbo (Lazio), for which it previously closed €165 million in financing.
  • "Financing plays a key role in bringing large-scale ventures to life, especially when investing in capital-intensive infrastructure like solar power plants.

Madison Energy Infrastructure Secures $450 Million Construction-to-Term Distributed Generation Debt Facility

Retrieved on: 
Monday, November 13, 2023
Fifth Third Bank, BNP Paribas, Toronto-Dominion Bank, Natixis, Siemens Financial Services, Security (finance)

NEW YORK, Nov. 13, 2023 /PRNewswire/ -- Madison Energy Infrastructure, a leading clean energy developer and asset owner, today announced the successful closure of a $450 million debt funding deal, showcasing the team's unwavering commitment to developing, financing, and managing clean, local energy projects across the US.

Key Points: 
  • NEW YORK, Nov. 13, 2023 /PRNewswire/ -- Madison Energy Infrastructure, a leading clean energy developer and asset owner, today announced the successful closure of a $450 million debt funding deal, showcasing the team's unwavering commitment to developing, financing, and managing clean, local energy projects across the US.
  • The $450 million construction-to-term debt facility will play a pivotal role in funding the development and deployment of Madison's cutting-edge clean energy projects for its rapidly growing network of partners and customers.
  • "We recognize the importance of critical infrastructure in shaping our sustainable future", stated Iwona Guier, Executive Vice President of Finance at Madison.
  • The capital commitment and diverse participation underscores the confidence global financial leaders have in Madison Energy Infrastructure's mission to create a more sustainable world.

KORE Power Selects Siemens Xcelerator to Optimize Production at Arizona Gigafactory

Retrieved on: 
Wednesday, October 4, 2023
Technology, Automotive, General Automotive, Other Energy, Other Manufacturing, Utilities, Alternative Energy, Engineering, Energy, Automotive Manufacturing, Other Technology, Manufacturing, Software, Environment, Hardware, Venture Capital, Consumer Electronics, EV, Siemens Financial Services, U.S. Department of Defense Strategy for Operating in Cyberspace, KORE, Advanced Technology Vehicles Manufacturing Loan Program, Cell, LPO, Xcelerator, Siemens Healthineers, Kilowatt-hour, Vehicle registration plates of Nepal, ATVM, Transport, Safety, Automation, Mobile phone, Renewable energy, Buckeye, Siemens Energy

From production design to planning and simulation, Siemens is helping companies of all sizes simulate and automate the production process to deliver efficiency and safety.

Key Points: 
  • From production design to planning and simulation, Siemens is helping companies of all sizes simulate and automate the production process to deliver efficiency and safety.
  • The collaboration between Siemens and KORE Power underscores both companies’ commitment to driving innovation, operational excellence, and sustainability in the energy sector.
  • "We're thrilled to see KORE Power harness the transformative capabilities of Siemens' Xcelerator for their state-of-the-art KOREPlex gigafactory in Arizona,” said Barbara Humpton, President and CEO of Siemens USA.
  • At Siemens, we remain steadfast in our mission to empower industry leaders like KORE Power to achieve new heights in efficiency and digitalization."

Calibrant Energy Names Matt Walz as CEO

Retrieved on: 
Tuesday, October 3, 2023
Finance, Alternative Energy, Energy, Professional Services, Utilities, Macquarie Group, Duke Energy, Siemens Financial Services, Senior, Investment, MAM, SFS, Acquisition, Growth, AES, Management, Canadian National Calibration Reference Centre

Calibrant Energy (“Calibrant”), a leading distributed energy company providing customized energy solutions at scale, today announced the appointment of Matt Walz as its Chief Executive Officer.

Key Points: 
  • Calibrant Energy (“Calibrant”), a leading distributed energy company providing customized energy solutions at scale, today announced the appointment of Matt Walz as its Chief Executive Officer.
  • Walz is Calibrant’s first CEO and will start in October.
  • “Calibrant is unlocking new ways to deliver innovative clean energy solutions to clients and I’m excited to roll up my sleeves and get to work with this talented team,” said Matt Walz, CEO of Calibrant.
  • Walz also previously served as the U.S. Chief Commercial Officer for The AES Corporation’s U.S. strategic business unit, a multi-billion-dollar U.S. energy portfolio.