ABO

DGAP-News: ABO Wind AG realises 86-megawatt wind farm independently

Retrieved on: 
Tuesday, February 8, 2022

Last year, the Wiesbaden-based company connected the Vlikangas wind farm in Finland to the grid, the first 100-megawatt wind farm in the company's history.

Key Points: 
  • Last year, the Wiesbaden-based company connected the Vlikangas wind farm in Finland to the grid, the first 100-megawatt wind farm in the company's history.
  • The commissioning of the second 100-megawatt wind farm in Cuevas de Velasco, Spain, will be starting soon.
  • The fact that ABO Wind is realising its first completely independently implemented large-scale project in Finland is no coincidence.
  • The Pajupernkangas wind farm planned for 2023 will bring ABO Wind another superlative: "With a total height of 250 metres, the V162 turbines will be the largest turbines we have ever built," says Hllinger.

ABO - Óskare Capital: Partnership Announcement

Retrieved on: 
Wednesday, January 26, 2022

Alpha Blue Ocean (ABO) and skare Capital are announcing today the formation of a strategic partnership to collaborate on investment opportunities associated with cannabis plant-based medicines as well as synthetic molecules that target the mammalian Endocannabinoid system (ECS).

Key Points: 
  • Alpha Blue Ocean (ABO) and skare Capital are announcing today the formation of a strategic partnership to collaborate on investment opportunities associated with cannabis plant-based medicines as well as synthetic molecules that target the mammalian Endocannabinoid system (ECS).
  • Furthermore, because of favorable valuations there are readily available opportunities for ABO and skare to invest in and scale.
  • skare Capitals Chairman, Bruce Linton notes: skare Capital is delighted to be joining forces with ABO.
  • skare surrounded themselves with a stellar team whose experience spans all sectors of this new multibillion dollar industry.

Milliman analysis: Competitive pricing rate for pension risk transfer drops from 99.9% to 99.3% in December

Retrieved on: 
Friday, January 21, 2022

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: 
  • 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.
  • 2021 ended with some of the lowest competitive buyout costs we've seen in the history of our study.
  • During December, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased from 99.9% of a plan's total liabilities to 99.3% of those liabilities.
  • "While historically pension risk transfer slows in Q1, we expect competitive buyout costs to remain low with the increased interest in de-risking."

Alpha Blue Ocean Announces Financing Commitment of 14 Million CAD With Halo Collective

Retrieved on: 
Monday, January 17, 2022

Alpha Blue Ocean, the family office founded by Pierre Vannineuse, is delighted to announce the launch of a new partnership with Halo Collective, a leading, vertically integrated global cannabis company.

Key Points: 
  • Alpha Blue Ocean, the family office founded by Pierre Vannineuse, is delighted to announce the launch of a new partnership with Halo Collective, a leading, vertically integrated global cannabis company.
  • Alpha Blue Ocean (ABO), the family-office founded by Pierre Vannineuse is proud to support the growth of Halo Collective (Halo), a leading vertically integrated cannabis company that grows, extracts, manufactures and distributes quality cannabis flowers, oils, and concentrates.
  • Amine Nedjai, CEO of Alpha Blue Ocean: "We have been following the evolution of the global cannabis market for some time.
  • Halo Collective is a story, a commitment, a know-how and has proven its resilience in a volatile market.

PDH Academy Acquires OphthoQuestions and SunCam

Retrieved on: 
Tuesday, December 21, 2021

NEW YORK, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Eden Capital is pleased to announce that PDH Academy, its portfolio company, has completed the acquisitions of OphthoQuestions and SunCam.

Key Points: 
  • NEW YORK, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Eden Capital is pleased to announce that PDH Academy, its portfolio company, has completed the acquisitions of OphthoQuestions and SunCam.
  • PDH helps professionals and companies navigate regulatory training and compliance requirements to ensure success, manage risk, and increase expertise in their fields.
  • Our acquisition of OphthoQuestions and SunCam strengthens our ability to serve our customers in ophthalmology, podiatry and engineering," said Mark Newcomer, Founder of PDH Academy.
  • PDH Academy provides regulatory training and certification to professionals and companies in real estate, healthcare, and specialized trades.

Milliman analysis: Pension risk transfer competition estimated to save plan sponsors 3.3% of buyout costs as of November 30

Retrieved on: 
Tuesday, December 21, 2021

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: 
  • 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.
  • This means the estimated retiree PRT cost is currently 0.1% less than those plans' retiree accumulated benefit obligation (ABO).
  • Meanwhile, as of November 30, the average annuity purchase costs across all insurers is estimated at 102.5%.
  • This means that the competitive bidding process is estimated to save plan sponsors on average around 3.3% of PRT costs.

DGAP-News: ABO Wind AG: International projects reach milestones

Retrieved on: 
Monday, December 20, 2021

ABO Wind has reached important milestones with numerous international projects at the end of the year.

Key Points: 
  • ABO Wind has reached important milestones with numerous international projects at the end of the year.
  • ABO Wind will build the solar farm with a total capacity of 24 megawatts peak on a 27.5 hectare site.
  • Around the same time, ABO Wind plans to construct another Hungarian solar farm with a capacity of 23 megawatts peak in Barcs near the Croatian border.
  • In previous years, ABO Wind had already installed and sold two smaller Hungarian solar farms with a combined output of 13 megawatt peak.

Milliman analysis: Competitive pricing rate for pension risk transfer drops from 100.2% to 99.4% in October

Retrieved on: 
Monday, November 15, 2021

SEATTLE, Nov. 15, 2021 /PRNewswire/ --Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI).

Key Points: 
  • SEATTLE, Nov. 15, 2021 /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 October, the average estimated cost to transfer retiree pension risk to an insurer decreased from 102.7% of a plan's total liabilities to 102.5% of those liabilities.
  • This means the average estimated retiree PRT cost for the month is now 2.5% more than those plans' retiree accumulated benefit obligation (ABO).

Amine Nedjai appointed CEO of Alpha Blue Ocean family-office

Retrieved on: 
Monday, October 25, 2021

This objective of this change is to foster a new phase of development for Alpha Blue Ocean group.

Key Points: 
  • This objective of this change is to foster a new phase of development for Alpha Blue Ocean group.
  • View the full release here: https://www.businesswire.com/news/home/20211024005055/en/
    Amine Nedjai, CEO Alpha Blue Ocean (Photo: Alpha Blue Ocean)
    Amine Nedjai started his career at Bloomberg LP.
  • Pierre Vannineuse, Founder of Alpha Blue Ocean : "Amine has been with us since the very beginning.
  • Amine Nedjai, CEO of Alpha Blue Ocean : "I am truly grateful to Pierre.

Milliman analysis: Increased pension risk transfer activity leads to rise in pricing rate, to 102.7% in September

Retrieved on: 
Friday, October 22, 2021

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: 
  • 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.
  • With this increased activity on the horizon, insurers are being more selective and less competitive.
  • During September, the average estimated cost to transfer retiree pension risk to an insurer increased from 102.2% of a plan's total liabilities to 102.7% of those liabilities.
  • Meanwhile annuity purchase costs reflecting competition amongst insurers increased only slightly, from 100.1% to 100.2% for September.