ABO | Jotup

Milliman analysis: Competitive pension risk transfer costs rose again in September, to 101.1% of accounting liabilities

Retrieved on:

Thursday, October 26, 2023

Consulting, Labor, Professional Services, Insurance, Public Policy, Government, PRT, Milliman, ABO

Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI).

Key Points:

Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI).
As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
During September, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 100.5% of a plan’s accounting liabilities (accumulated benefit obligation, or ABO) to 101.1% of those liabilities.
To receive regular updates with Milliman’s pension buyout analysis, contact us at [email protected] .

EQS-News: ABO Wind AG: Hydrogen project enters the next phase

Retrieved on:

Tuesday, October 17, 2023

Hydrogen, News, Wind, FEST, NOW, Project management, Electricity, ALAT, ABO, Sales, Electrolysis, Transport, National hydrogen energy road map, Ministry of Digital Affairs (Taiwan), Federal Ministry for Digital and Transport, Security (finance), Renewable energy, Nordex

ABO Wind has ordered two electrolysis systems from the manufacturer FEST and thus reached an important milestone for the company's first hydrogen project.

Key Points:

ABO Wind has ordered two electrolysis systems from the manufacturer FEST and thus reached an important milestone for the company's first hydrogen project.
In Hünfeld, Germany (Hesse), ABO Wind is developing a hybrid project consisting of a wind turbine, hydrogen production and a hydrogen filling station.
"We are pleased to contribute our hydrogen technology to the success of ABO Wind’s pioneering project," says Markus Schewitza, CEO of ALAT.
The next milestone followed in June 2023 when ABO Wind received the permit to construct the wind turbine.

EQS-News: ABO Wind has become leading wind project developer in Finland

Retrieved on:

Tuesday, October 17, 2023

Annual report, Farm, News, NTR plc, Wind, Government, Carbon, Wind power in the European Union, ABO, Growth, Vestas, NTR, L&G, Security (finance), Renewable energy, Fingrid

ABO Wind has reached two milestones in Finland and further strengthened its position in one of the largest wind energy markets in Europe.

Key Points:

ABO Wind has reached two milestones in Finland and further strengthened its position in one of the largest wind energy markets in Europe.
In addition, with a project pipeline of around 5.5 gigawatts, ABO Wind has risen to become the country's leading wind project developer, according to the annual report of the Finnish Wind Power Association.
ABO Wind has been active in Finland since 2013 and has now realized twelve wind farms in the Nordic country.
ABO Wind is dedicated to supporting Finland's renewable energy industry, with a particular focus on onshore wind power.

Alpha Blue Ocean Announces a €20M Financing Agreement With EiDF Solar (EIDF SM)

Retrieved on:

Thursday, September 28, 2023

Other Professional Services, Other Energy, Sustainability, Environment, Finance, Alternative Energy, Energy, Professional Services, Growth, Partnership, Development, ABO, Colin Low (filmmaker), Renewable energy, S.A

Alpha Blue Ocean (ABO) and Energía, Innovación y Desarrollo Fotovoltaico, S.A., (EiDF) have entered into a €20 million financing agreement.

Key Points:

Alpha Blue Ocean (ABO) and Energía, Innovación y Desarrollo Fotovoltaico, S.A., (EiDF) have entered into a €20 million financing agreement.
ABO is a multi-family office founded by Pierre Vannineuse & Hugo Pingray and a leader in alternative finance worldwide.
This agreement cements EiDF Solar's financial stability, enabling it to address its current financial needs while optimizing its financial structure.
With this financing we support the growth of EiDF, which continues to add projects to its pipeline"

Milliman analysis: Competitive pension risk transfer costs climb from 100.2% to 100.5% in August

Retrieved on:

Thursday, September 21, 2023

Milliman, Fed, PRT, ABO, Insurance

SEATTLE, Sept. 21, 2023 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.

Key Points:

SEATTLE, Sept. 21, 2023 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI).
As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
During August, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 100.2% of a plan's accounting liabilities (accumulated benefit obligation, or ABO) to 100.5% of those liabilities.
The competitive bidding process is estimated to save plan sponsors about 2.4% of PRT costs as of August 31.

Braya Renewable Fuels Partner ABO Wind Receives Exclusive Rights to Develop World Class Wind and Hydrogen Project

Retrieved on:

Wednesday, September 6, 2023

Hydrogen, RFP, COME, Come By Chance, ABO, Wind, Come By Chance Refinery, NL, Chokecherry and Sierra Madre Wind Energy Project, Transport, Renewable energy, Braya, Crown

COME BY CHANCE, NL, Sept. 6, 2023 /PRNewswire/ - Braya Renewable Fuels (Braya) is pleased to share the successful outcome of the Crown Land Call for Bids for Wind Energy Project, which awarded exclusive rights to pursue development of the Toqlukuti'k Wind and Hydrogen Ltd. Project to Braya partner ABO Wind.

Key Points:

COME BY CHANCE, NL, Sept. 6, 2023 /PRNewswire/ - Braya Renewable Fuels (Braya) is pleased to share the successful outcome of the Crown Land Call for Bids for Wind Energy Project, which awarded exclusive rights to pursue development of the Toqlukuti'k Wind and Hydrogen Ltd. Project to Braya partner ABO Wind.
The Crown lands decision has awarded ABO Wind exclusive rights to 267,000 acres, or 417 square miles, in close proximity to the refinery.
"As an experienced pioneer in the development of renewable energy projects, ABO Wind will be a great partner in Braya's mission to meet the growing global demand for renewable fuels," said Frank Almaraz, CEO, Braya Renewable Fuels.
"Securing the land for our joint project is a significant milestone toward realizing Braya's vision to become a world leader in renewable fuels production.

The Inner Circle Acknowledges, Joseph P. Calderone as a Top Pinnacle Healthcare Professional for his contributions to the field of Ophthalmology

Retrieved on:

Friday, September 1, 2023

CRANFORD, N.J., Sept. 1, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Joseph P. Calderone is acknowledged as a Top Pinnacle Healthcare Professional for his contributions to the field of Ophthalmology.

Key Points:

CRANFORD, N.J., Sept. 1, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Joseph P. Calderone is acknowledged as a Top Pinnacle Healthcare Professional for his contributions to the field of Ophthalmology.
Dr. Calderone began his scholarship at the College of the Holy Cross where he graduated with a Bachelor of Arts degree in Chemistry.
The doctor currently works as the Medical and Surgical Director of Better Vision New Jersey (formerly called Cranford Ophthalmology) where he has served since 1987.
Dr. Calderone would like to dedicate this honor in loving memory of his father, Joseph P. Calderone, and thanks his wife Heidi, and daughters.

EQS-News: ABO Wind AG: ABO Wind secures lands for Toqlukuti’k Wind and Hydrogen Project in Newfoundland and Labrador

Retrieved on:

Friday, September 1, 2023

Hydrogen, Avalon, Canada, Miawpukek First Nation, ST, Come By Chance, ABO, Policy, Wind, European integrated hydrogen project, Chokecherry and Sierra Madre Wind Energy Project, MOU, Economic development, Project, News, Security (finance), Renewable energy, Crown

(ST. JOHN’S, Newfoundland and Labrador, 30 August 2023) ABO Wind Canada Ltd. has been awarded the exclusive right to pursue development of its Toqlukuti’k Wind and Hydrogen Ltd. Project through the Crown Land Call for Bids for Wind Energy Projects.

Key Points:

(ST. JOHN’S, Newfoundland and Labrador, 30 August 2023) ABO Wind Canada Ltd. has been awarded the exclusive right to pursue development of its Toqlukuti’k Wind and Hydrogen Ltd. Project through the Crown Land Call for Bids for Wind Energy Projects.
“ABO Wind is thrilled and eager to commence Toqlukuti’k Wind and Hydrogen Project, a major renewable project in Newfoundland and Labrador,” says ABO Wind Managing Director Dr. Karsten Schlageter.
In March 2023, ABO Wind received an exclusive letter of support from Braya Renewable Fuels for the joint development of green hydrogen production at the refinery.
“ABO Wind is committed to transparent, meaningful, and ongoing Indigenous, community, and stakeholder engagement.” The ABO Wind team thanks all partners who have been integral in reaching this significant milestone to develop Toqlukuti’k Wind and Hydrogen.

EQS-News: clearvise AG and ABO Wind s.a.r.l. agree on further repowering cooperation for French wind farms

Retrieved on:

Monday, August 28, 2023

Wind, Cuq, Plant, Maintenance, WKN, ABO, PV, Escamps, Farm, Truffle, Renewable energy

agree on further repowering cooperation for French wind farms

Key Points:

agree on further repowering cooperation for French wind farms
The issuer is solely responsible for the content of this announcement.
clearvise and project developer ABO Wind are currently working together towards a successful repowering at the Cuq and Losheim wind farms.
After evaluating the potential for a possible repowering, clearvise AG and ABO Wind s.a.r.l.
have decided to extend their exclusive repowering cooperation to the four other French wind farms Gargasse, Escamps, Haute Landes Souilly and St. Nicholas.

Milliman analysis: Competitive pension risk transfer costs inch up, from 100.1% to 100.2% in July

Retrieved on:

Monday, August 21, 2023

Milliman, Fed, PRT, ABO, Insurance

SEATTLE, Aug. 21, 2023 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.

Key Points:

SEATTLE, Aug. 21, 2023 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI).
As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
The competitive bidding process is estimated to save plan sponsors about 2.7% of PRT costs as of June 30.
To receive regular updates with Milliman's pension buyout analysis, contact us at [email protected] .