Ministry of Energy Infrastructures and Natural Resources (Armenia)

Westinghouse Deepens Supplier Localization with Bulgaria MOU Signings

Retrieved on: 
Thursday, October 19, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231019067098/en/
    Participants in today’s MOU signing ceremony in Sofia.
  • The suppliers include OSKAR-EL, Glavbolgarstroy, ENPRO Consult, EnergoService and EQE Bulgaria.
  • “I am proud that a U.S. company, Westinghouse, can partner with the Ministry of Energy and Parliament on this important project,” said U.S.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

The World AI Show unveils next wave of enterprise AI solutions

Retrieved on: 
Wednesday, June 14, 2023

"The World AI Show in Dubai this year exceeded our expectations," said Valeria Sandei, CEO, Almawave, Gold Sponsor of the show.

Key Points: 
  • "The World AI Show in Dubai this year exceeded our expectations," said Valeria Sandei, CEO, Almawave, Gold Sponsor of the show.
  • The World AI Show has become an essential platform for knowledge exchange, collaboration, and business growth within the AI community.
  • The World AI Show has become an essential platform for knowledge exchange, collaboration, and business growth within the AI community.
  • The 41st Global Edition of the World AI Show is officially sponsored by:

Impactful AI Innovations Recognised at World AI Show and Awards

Retrieved on: 
Monday, June 19, 2023

Another key session that caught everyone's attention was the panel discussion on the rise of investments in AI.

Key Points: 
  • Another key session that caught everyone's attention was the panel discussion on the rise of investments in AI.
  • Appreciating the Awards initiative by Trescon, Dr Salim said, "World AI Awards, recognizes the most innovative and impactful AI solutions and implementations across various industries, highlighting the transformative potential of AI for businesses and society​."
  • During the World AI Awards, a special award, ‘AI leader of the year', was awarded to Amith Ranjan, Executive Vice-President, Head Wholesale Digital, Data and Advanced Analytics, Finance Tech, Mashreq Bank.
  • The recipients of the awards were:
    Fatmah Alabdouli, Ministry of Energy & Infrastructure, UAE
    The World AI Awards recognised the contribution of visionaries who have redefined the AI space in the MENA region and a testimony to their contributions and efforts for ushering a new era for artificial intelligence.

Governments and Enterprises in the Middle East Join Forces to Drive AI Innovation at World AI Show

Retrieved on: 
Thursday, May 18, 2023

The event will bring together Investors, global AI leaders, government officials, and industry experts to explore the latest trends, applications, and solutions in AI.

Key Points: 
  • The event will bring together Investors, global AI leaders, government officials, and industry experts to explore the latest trends, applications, and solutions in AI.
  • Meanwhile, the AI race between tech giants like Microsoft and Google is intensifying with increased investment in AI research and development.
  • Dubai's government is promoting the adoption of AI technologies as part of its strategic vision to become a global innovation and technology leader.
  • Additionally, World AI Show will be hosting the World AI Awards, recognizing the most innovative and impactful AI solutions and implementations across various industries.

Greenberg Traurig Expands Its Presence in Asia with Singapore Office

Retrieved on: 
Friday, April 14, 2023

SINGAPORE, April 14, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP opened an office in Singapore, the firm's fourth in the Asia-Pacific region and 45th globally. The office is opening with the team that recently launched the firm's Asia Energy & Infrastructure Practice, including Practice Head Joseph Kim and Shareholders Jared Raleigh and William Wu.

Key Points: 
  • Global law firm Greenberg Traurig, LLP opened an office in Singapore, the firm's fourth in the Asia-Pacific region and 45th globally.
  • SINGAPORE, April 14, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP opened an office in Singapore, the firm's fourth in the Asia-Pacific region and 45th globally.
  • Singapore is renowned as a vital gateway to Southeast Asia and an international trade and financial hub.
  • The Singapore office opens on the heels of Greenberg Traurig's affiliation with Khalid Al-Thebity Law Firm in Riyadh, Saudi Arabia last month.

Planet Joins Ursa Space's Virtual Constellation and Partner Network

Retrieved on: 
Tuesday, April 4, 2023

ITHACA, N.Y., April 4, 2023 /PRNewswire/ -- Ursa Space Systems, a global satellite intelligence infrastructure provider, has announced today that Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, will join its Virtual Constellation and Partner Network.

Key Points: 
  • ITHACA, N.Y., April 4, 2023 /PRNewswire/ -- Ursa Space Systems, a global satellite intelligence infrastructure provider, has announced today that Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, will join its Virtual Constellation and Partner Network.
  • The addition of Planet provides Ursa Space customers with access to daily satellite data that unlocks solutions to some of the most pressing challenges facing the government and commercial sectors.
  • "It's a pleasure to welcome Planet as a data partner of ours," said Adam Maher, CEO and founder, Ursa Space.
  • "Through this collaborative partnership, Ursa has revealed critical, hard-to-access information about the energy industry," said Mark Jeffrey, Partner Business Manager at Planet.

Pickering Energy Partners Expands Energy Transition Expertise with Seasoned Investment Banker

Retrieved on: 
Wednesday, February 15, 2023

Pickering Energy Partners announces the hiring of Diego Kuschnir as Managing Director, Investment Banking.

Key Points: 
  • Pickering Energy Partners announces the hiring of Diego Kuschnir as Managing Director, Investment Banking.
  • He has invested and advised on over $50 billion in transactions across the broad energy and energy transition markets.
  • "PEP’s focus is to advise and invest in premium energy transactions," notes Dan Pickering, Chief Investment Officer of Pickering Energy Partners.
  • “Diego is a rare investment banker, bringing significant principal investment experience which gives him the unique ability to think like an investor when providing valuable advice to companies looking to access capital,” adds Walker Moody, President of Pickering Energy Partners.

Cypress Creek Partners Hires Managing Director/Head of Sales

Retrieved on: 
Friday, February 17, 2023

AUSTIN, Texas, Feb. 17, 2023 /PRNewswire/ -- Eric Maskalunas, former Executive Vice President and Head of Distribution at PPM America (Jackson Financial), has joined Cypress Creek Partners ("CCP") as Managing Director/Head of Sales.

Key Points: 
  • AUSTIN, Texas, Feb. 17, 2023 /PRNewswire/ -- Eric Maskalunas, former Executive Vice President and Head of Distribution at PPM America (Jackson Financial), has joined Cypress Creek Partners ("CCP") as Managing Director/Head of Sales.
  • CCP is a next generation private markets investment platform seeking to provide its investors with competitive cross-cycle, risk-adjusted returns.
  • BIO: Eric Maskalunas is Managing Director/Head of Sales at Cypress Creek Partners.
  • Prior to joining PPM, Eric was Director of Institutional Sales at Investec Asset Management (NinetyOne) and Baring Asset Management with a focus on institutional sales and the management of business development activities.

CRO Advisors Seeks Eskom Creditors Consent to Move Eskom Power Plants Into New Asset Recovery Vehicle (ARV)

Retrieved on: 
Tuesday, November 1, 2022

WASHINGTON, Nov. 1, 2022 /PRNewswire/ -- CRO Advisors is seeking Eskom Creditors Consent to begin the process of moving South Africa Utility Eskom's distressed power plants into a new Asset Recovery Vehicle (ARV).

Key Points: 
  • WASHINGTON, Nov. 1, 2022 /PRNewswire/ -- CRO Advisors is seeking Eskom Creditors Consent to begin the process of moving South Africa Utility Eskom's distressed power plants into a new Asset Recovery Vehicle (ARV).
  • Gaining creditors consent is the 'first step' required to begin the restructuring of Eskom, which is financially and operationally insolvent.
  • The ARV is the only way Eskom Creditors will have a chance to recover their capital investment in Eskom debt securities.
  • Nor does CRO Advisors approve the divestment of any Eskom Transmission & Distribution assets, until the Power Plants are put into the ARV.

Circulus Announces $300 Million Structured Solution from Apollo Infrastructure

Retrieved on: 
Tuesday, October 11, 2022

HOUSTON and NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Circulus Holdings, PBLLC (“Circulus”), a producer of post-consumer resin (PCR) from recycled low-density polyethylene (LDPE), and Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have agreed to commit up to $300 million to an innovative structured solution in the form of a senior, secured loan to support the company’s ongoing development of recycling infrastructure. Circulus is a portfolio company of Ara Partners, a private equity firm specializing in industrial decarbonization investments.

Key Points: 
  • HOUSTON and NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Circulus Holdings, PBLLC (Circulus), a producer of post-consumer resin (PCR) from recycled low-density polyethylene (LDPE), and Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the Apollo Funds) have agreed to commit up to $300 million to an innovative structured solution in the form of a senior, secured loan to support the companys ongoing development of recycling infrastructure.
  • Circulus currently has two plants producing PCR, with one additional facility coming online in the near term and two more in development.
  • Craig Foster, Circulus CEO, said, We are pleased to partner with Apollo to support Circulus continued growth as we execute on our expansion plans.
  • Troy Thacker, a Managing Partner of Ara Partners, said, We are thrilled to welcome Apollo as an additional financial partner for Circulus as the company continues its ambitious infrastructure buildout.