FTE

CIP and Avangrid Announce First Power from Vineyard Wind 1

Retrieved on: 
Wednesday, January 3, 2024
Workforce, Copenhagen Infrastructure Partners, Vineyard Wind, Wind, Electricity, AGR, Water, Commonwealth, Port, Carbon, Steel, PLA, FTE, CIP, Renewable energy

“Soon, Vineyard Wind will be producing power equivalent to over 400,000 Massachusetts households.

Key Points: 
  • “Soon, Vineyard Wind will be producing power equivalent to over 400,000 Massachusetts households.
  • Today, we begin a new chapter and welcome 2024 by delivering the first clean offshore wind power to the grid in Massachusetts,” said Avangrid CEO Pedro Azagra.
  • Vineyard Wind 1 is jointly owned by CIP through its flagship fund, CI II and III and Avangrid.
  • In August 2022, Avangrid signed an agreement to assume responsibility as the operations and maintenance services provider for Vineyard Wind 1 once the project achieves commercial operations.

Avangrid, CIP Announce First Power from Nation-Leading Vineyard Wind 1 Project

Retrieved on: 
Wednesday, January 3, 2024
Environment, Utilities, Public Policy, Government, Alternative Energy, Sustainability, Green Technology, Energy, White House, Federal Government, State, Local, Senate, Workforce, Copenhagen Infrastructure Partners, Multimedia, Wind, Electricity, Islander, Joint committee, State government, AGR, Cape Codders, Equivalence relation, Water, Climate change, Commonwealth, Public utility, Port, Carbon, Steel, Climate, PLA, FTE, Vineyard, CIP, House, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20240103149750/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240103149750/en/
    A GE Haliade-X Turbine Stands in the Vineyard Wind 1 Project Area South of Martha’s Vineyard.
  • Congratulations to Vineyard Wind’s determination and success.”
    “We’re thrilled that the first power from the Vineyard Wind Project has made its way to the Massachusetts grid,” said Representative Christopher Hendricks (D-New Bedford).
  • “The Vineyard Wind 1 project will provide affordable, renewable electricity that can power Massachusetts for years to come.
  • In July 2021, Vineyard Wind signed the first Project Labor Agreement for an offshore wind project in the United States, which outlined the creation of 500 union jobs though the project.

$100,000 Comerica Hatch Detroit Contest by TechTown returns to find Detroit's next winning brick-and-mortar small business

Retrieved on: 
Wednesday, January 3, 2024
Economic development, Mentorship, Partnership, Small business, Motivation, CMA, Incubator, Comerica, Multimedia, La Feria, Texas, Economy, Hatch, Wayne State University, City, Wealth management, Education, University, Commercial bank, Human, Retail, KEY, Assistant, TechTown, Organization, FTE, History, Casino

DETROIT, Jan. 3, 2024 /PRNewswire/ -- Comerica Bank and TechTown Detroit are gearing up for the return of the Comerica Hatch Detroit Contest, a small business competition that awards $100,000 in startup funding from Comerica Bank to one winning entrepreneur seeking to open a Detroit brick-and-mortar storefront. The competition, first launched in 2011, bolsters small business development in Detroit and will take place over the next four months, announcing this year's winning business in the spring.

Key Points: 
  • DETROIT, Jan. 3, 2024 /PRNewswire/ -- Comerica Bank and TechTown Detroit are gearing up for the return of the Comerica Hatch Detroit Contest, a small business competition that awards $100,000 in startup funding from Comerica Bank to one winning entrepreneur seeking to open a Detroit brick-and-mortar storefront.
  • The competition, first launched in 2011, bolsters small business development in Detroit and will take place over the next four months, announcing this year's winning business in the spring.
  • "A true amalgamation of the American dream, the Comerica Hatch Detroit Contest go steps beyond financial investment and directly supports these small business owners by providing vital access to capital, technical guidance and business counsel for them to thrive."
  • Comerica was founded in 1849 in Detroit during a time when all banks in the city were exclusive to the business community.

Copenhagen Infrastructure Partners launches Growth Markets Fund II with a USD 3 billion target size

Retrieved on: 
Monday, December 4, 2023
Power, Conference, Copenhagen Infrastructure Partners, Wind, Electricity, COP, USD, GMF, Growth, Investment, EUR, Carbon, Partnership, FTE, CIP, Renewable energy

COPENHAGEN, Denmark , Dec. 04, 2023 (GLOBE NEWSWIRE) -- Today, Copenhagen Infrastructure Partners (CIP) announced the launch of its Growth Markets Fund II (GMF II), during the 2023 United Nations Climate Change Conference (COP 28) in Dubai.

Key Points: 
  • COPENHAGEN, Denmark , Dec. 04, 2023 (GLOBE NEWSWIRE) -- Today, Copenhagen Infrastructure Partners (CIP) announced the launch of its Growth Markets Fund II (GMF II), during the 2023 United Nations Climate Change Conference (COP 28) in Dubai.
  • With a focus on developing and building offshore and onshore wind, solar PV, energy storage and Power-to-X projects in selected high growth middle-income markets across Asia, Latin America and EMEA, the fund has a target size of USD 3 billion and is expected to deliver renewable energy infrastructure projects reflecting over USD 10 billion of capital investment.
  • It is set to be the world’s largest fund focused on greenfield renewable energy investments in high growth, middle-income markets.
  • The fund is off to a good start with a large and diversified portfolio of projects reflecting potential equity commitments of more than USD 5 billion – far exceeding the target fund size.

Implenia wins building construction contracts in Switzerland and Germany worth a total of over CHF 220 million

Retrieved on: 
Monday, December 25, 2023
Division, MBH, SIX Swiss Exchange, University Hospital of Basel, Restaurant, Terra, Sale, Tenant, HPE, CHF, 2000-watt society, Renta, Greater Poland Voivodeship, FTE, USB, Zurich Airport, Lean, Master Builder, Risk, Real estate, Corporate communication, Housing, Cryptocurrency, Commercial property, Construction, Property management, Opfikon, Oberwil, Implenia

Glattpark (Opfikon), 15 December 2023 – Implenia’s Division Buildings has won construction contracts in various regions of Switzerland and Germany worth a total of over CHF 220 million.

Key Points: 
  • Glattpark (Opfikon), 15 December 2023 – Implenia’s Division Buildings has won construction contracts in various regions of Switzerland and Germany worth a total of over CHF 220 million.
  • Implenia CEO André Wyss is delighted with the new orders: "These projects confirm the trust that our clients have in Implenia.
  • The project was supported by RECP throughout all the service phases, and was developed quickly thanks to Lean project structures.
  • The project, with an area of 24,700 m2, includes the construction of two rental apartment blocks and an office building.

EQS-News: STRABAG SE Trading Statement 9M/2023: higher output forecast for 2023

Retrieved on: 
Monday, December 25, 2023
Pressure, Growth, Transport, STRABAG, International, Climate, Environment, Czech Republic, FTE, Acquisition, Investment, Construction, Renewable energy, Tourism

The publicly listed European technology group for construction services STRABAG SE today announced its figures for the first nine months of 2023.

Key Points: 
  • The publicly listed European technology group for construction services STRABAG SE today announced its figures for the first nine months of 2023.
  • “In view of the continued growth of the order backlog and the significant increase in output in the first nine months, we are raising our output forecast for 2023 from € 18.6 billion to around € 18.9 billion.
  • Business development in transportation infrastructure construction remains solid,” explains Klemens Haselsteiner, CEO of STRABAG SE.
  • STRABAG SE generated an output volume of € 13.6 billion in the first nine months of 2023, which corresponds to an increase of 8% compared to the same period of the previous year.

Avangrid, Vineyard Offshore, Nearly Double Union Hiring Target For Vineyard Wind 1

Retrieved on: 
Friday, December 15, 2023
Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Environmental Health, Climate change, Senior, Public utility, University of Massachusetts Dartmouth, PLA, Investment, State, Southcoast Health System, Local, CIP, Growth, Electricity, Joint committee, News, Massachusetts Department of Transportation, Global Wind Energy Council, Wind, Workforce, Multimedia, House, Annual report, Project Labor Agreement, Copenhagen Infrastructure Partners, University of Massachusetts, State government, Public policy, Construction, AGR, Equivalence relation, Partnership, Diversity, FTE, Economic development, Carbon, NYSE, BIPOC, Inclusion, Unemployment, Commonwealth, Renewable energy, Telecommunications, Vineyard, Avangrid, Vineyard Wind

“Massachusetts is once again demonstrating its clean energy leadership with the nearly 1,000 union jobs created by the historic Vineyard Wind 1 project,” said Senator Ed Markey.

Key Points: 
  • “Massachusetts is once again demonstrating its clean energy leadership with the nearly 1,000 union jobs created by the historic Vineyard Wind 1 project,” said Senator Ed Markey.
  • We need to maintain this momentum.”
    “I am grateful that Vineyard Wind delivered on its commitment to creating high quality union jobs in Massachusetts,” said Representative Christopher Markey.
  • From the outset of this project, Vineyard Wind recognized the importance of building and supporting a workforce of local, highly skilled and diverse tradespeople.
  • Vineyard Wind began offshore construction in late 2022, achieved steel-in-the-water in June, and completed the nation’s first offshore substation in July.

Avangrid Completes Installation of First Five Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project

Retrieved on: 
Wednesday, December 6, 2023
Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Environmental Health, Holiday, Carbon, Wind, NYSE, Workforce, Multimedia, AGR, Vineyard, Equivalence relation, ELM, CIP, Electricity, Commonwealth, Public, FTE, Global Wind Energy Council, Renewable energy, Construction, Vineyard Wind, Avangrid

Vineyard Wind 1 is an 806 Megawatt project, and when fully operational will generate enough clean electricity to power 400,000 homes and businesses in the Commonwealth.

Key Points: 
  • Vineyard Wind 1 is an 806 Megawatt project, and when fully operational will generate enough clean electricity to power 400,000 homes and businesses in the Commonwealth.
  • View the full release here: https://www.businesswire.com/news/home/20231206496263/en/
    GE Haliade-X Turbines Stand in the Vineyard Wind 1 Project Area South of Martha’s Vineyard.
  • “It's incredibly exciting that Vineyard Wind is on the verge of generating offshore wind power for regular people.
  • In July 2021, Vineyard Wind signed the first Project Labor Agreement for an offshore wind project in the United States, which outlined the creation of 500 union jobs though the project.

XTM Files Q3 2023 Quarterly Financial Results

Retrieved on: 
Thursday, November 30, 2023
Software, Banking, Accounting, Professional Services, Fintech, Data Management, Payments, Technology, Digital Cash Management, Digital Assets, Other Professional Services, Human Resources, Other Technology, Data management, Acquisition, XTM, CFO, Indian stock exchange, Corporation, Traction, PAID, CAD, Financial statement, Blockchain, Swapan, Adjustment, Controller, Software as a service, ERP, Information technology, FTE, Pharmaceutical industry, Video game, Q3

The Company initiated its acquisition of QRails in March 2023 at which time, XTM assumed QRails operations including payroll and accounts payables.

Key Points: 
  • The Company initiated its acquisition of QRails in March 2023 at which time, XTM assumed QRails operations including payroll and accounts payables.
  • XTM closed its acquisition of QRails Inc. on August 18, 2023.
  • The EWA receivable, for funds advanced to employees ahead of payday has grown by 251% as of September 30, 2023 to $1,051,000 - up from $419K in March, the month prior to XTM assuming operations;
    As XTM and QRails initiate consolidation, economies are being realized.
  • Q3 2023 saw an increase of 84% or $1.8MM compared to $2.2MM for Q2 2022.

Avangrid, University of Bridgeport Host Offshore Wind Workshop for Local High School, College Students

Retrieved on: 
Monday, November 20, 2023
Alternative Energy, Energy, Utilities, Carbon, Research, Wind, NYSE, Employment, Education, University of Bridgeport, Mechanical engineering, Vineyard Wind, College, Student, AGR, Equivalence relation, University, Workforce development, Environment, Electricity, FTE, Central High School, Nursing, Renewable energy, Avangrid

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and University of Bridgeport (UB) last week held the first Offshore Wind Workshop on campus to outline opportunities and career pathways for local high school and college students in the New England region’s emerging offshore wind industry.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and University of Bridgeport (UB) last week held the first Offshore Wind Workshop on campus to outline opportunities and career pathways for local high school and college students in the New England region’s emerging offshore wind industry.
  • The workshop, which took place on November 9, 2023, hosted more than 80 local students from Fairchild Wheeler High School, Central High School, University of Bridgeport, and other local schools, and included panel discussions detailing the diversity of job opportunities within offshore wind, as well 1-on-1 engagement with students and current Avangrid employees.
  • “It’s important to run this workshop at University of Bridgeport,” said Dean of the College of Engineering, Business, and Education, Dr. Khaled Elleithy.
  • The program concluded with 1-on-1 meetings between students and Avangrid employees, and a tour of University of Bridgeport’s campus for prospective students.