STANLEY | Jotup

Plus Power Secures Additional $82 Million of Tax Equity for Battery Storage Projects

Retrieved on:

Wednesday, May 1, 2024

Investment, Weather, Morgan Stanley, Energy storage, Superstition, Renewable energy

THE WOODLANDS, Texas, May 1, 2024 /PRNewswire/ -- Today, Plus Power™ announced the closing of an $82 million tax equity investment from Morgan Stanley for the 90 MW / 360 MWh Superstition Energy Storage facility in Gilbert, Arizona.

Key Points:

"Plus Power welcomes Morgan Stanley's support in accelerating standalone battery energy storage deployment in a market and location where our project can provide critical services," said Josh Goldstein, chief financial officer at Plus Power.
Plus Power previously raised nearly $100 million in tax equity investment from Greenprint Capital Management for its Ebony Energy Storage facility in February 2024.
In late December 2023, Plus Power began operations at its second Texas facility, the 300 MW / 600 MWh Rodeo Ranch Energy Storage facility, which is currently the largest operating standalone battery storage facility in ERCOT.
Plus Power has a rapidly growing portfolio of large-scale lithium-ion battery systems in more than 25 states and Canada and is currently executing on 10 gigawatts of battery storage capacity in transmission interconnection queues.

IDTechEx Research Analyzes the Increasingly Overcrowded EV Fire Protection Market

Retrieved on:

Tuesday, April 30, 2024

Safety, Cell, Dow, OEM, Research, Original equipment manufacturer, Thermal conductivity, EV, Microcar, Fujikura, Growth, Players, Electric battery

With the rapidly growing EV market, there is certainly a large opportunity to be had for material suppliers, with IDTechEx predicting a 16.3% CAGR for EV battery fire protection materials from 2023 to 2034.

Key Points:

With the rapidly growing EV market, there is certainly a large opportunity to be had for material suppliers, with IDTechEx predicting a 16.3% CAGR for EV battery fire protection materials from 2023 to 2034.
However, over the past couple of years, IDTechEx has seen a very large number of material suppliers entering this space.
In fact, IDTechEx's database of materials now includes over 130 materials used for EV battery fire protection.
Due to the inherent pros and cons of each material, suppliers may find their portfolio more or less suited to various applications for the battery; for example, protection between cylindrical, prismatic, or pouch cells, module level protection, pack lid protection, busbar protection, seal protection, vent protection, or several others.

IDTechEx Research Analyzes the Increasingly Overcrowded EV Fire Protection Market

Retrieved on:

Tuesday, April 30, 2024

Safety, Cell, Dow, OEM, Research, Original equipment manufacturer, Thermal conductivity, EV, Microcar, Fujikura, Growth, Players, Electric battery

With the rapidly growing EV market, there is certainly a large opportunity to be had for material suppliers, with IDTechEx predicting a 16.3% CAGR for EV battery fire protection materials from 2023 to 2034.

Key Points:

With the rapidly growing EV market, there is certainly a large opportunity to be had for material suppliers, with IDTechEx predicting a 16.3% CAGR for EV battery fire protection materials from 2023 to 2034.
However, over the past couple of years, IDTechEx has seen a very large number of material suppliers entering this space.
In fact, IDTechEx's database of materials now includes over 130 materials used for EV battery fire protection.
Due to the inherent pros and cons of each material, suppliers may find their portfolio more or less suited to various applications for the battery; for example, protection between cylindrical, prismatic, or pouch cells, module level protection, pack lid protection, busbar protection, seal protection, vent protection, or several others.

BODYARMOR Takes the Ice as the Official Sports Drink of the National Hockey League and National Hockey League Players’ Association

Retrieved on:

Tuesday, April 16, 2024

BODYARMOR Sports Drink today announced a new multi-year North American partnership with the National Hockey League (NHL) and National Hockey League Players’ Association (NHLPA) to become the “Official Sports Drink” partner of the NHL and NHLPA.

Key Points:

BODYARMOR Sports Drink today announced a new multi-year North American partnership with the National Hockey League (NHL) and National Hockey League Players’ Association (NHLPA) to become the “Official Sports Drink” partner of the NHL and NHLPA.
“As an industry leader in sports hydration, BODYARMOR is a natural fit to bring on as our Official Sports Drink partner.
NHL, the NHL Shield, and the word mark and image of the Stanley Cup are registered trademarks of the National Hockey League.
NHLPA, National Hockey League Players’ Association and the NHLPA logo are registered trademarks of the NHLPA and are used under license.

Morgan Stanley Strengthens Alliance for Children’s Mental Health with New Funding and Members

Retrieved on:

Thursday, April 11, 2024

Morgan Stanley today announced a $20 million commitment over the next five years to its Alliance for Children’s Mental Health (“Alliance”), bringing the initiative’s total funding to $50 million since its launch in 2020.

Key Points:

Morgan Stanley today announced a $20 million commitment over the next five years to its Alliance for Children’s Mental Health (“Alliance”), bringing the initiative’s total funding to $50 million since its launch in 2020.
A new Pediatric Mental Health Education Center will equip pediatricians with the knowledge, tools and collaborations critically needed to bring mental health support into their practices and communities.
“Morgan Stanley’s focus on children’s health is a core part of the Firm’s commitment to give back to our communities,” said Ted Pick, Chief Executive Officer of Morgan Stanley and Chair of the Morgan Stanley Alliance for Children’s Mental Health Advisory Board.
For more information about the Morgan Stanley Alliance for Children’s Mental Health, please visit here .

CHIPOTLE'S HOCKEY JERSEY BOGO OFFER RETURNS IN THE U.S. AND CANADA FOR THE 2024 STANLEY CUP® PLAYOFFS

Retrieved on:

Wednesday, April 17, 2024

The promotion is valid at all participating Chipotle restaurants in the U.S. and Canada.

Key Points:

The promotion is valid at all participating Chipotle restaurants in the U.S. and Canada.
In November of 2021, Chipotle announced its multi-year North American partnership to become the official Mexican-themed quick service and fast-casual restaurant of the NHL.
The Chipotle logo will be featured on the ice for every game during the Stanley Cup® Playoffs throughout the partnership.
Redeemable in-restaurant only, at participating U.S. and Canada Chipotle locations; not valid for catering, mobile, online or delivery orders.

Nina Shoes Releases Limited-Edition Archive Collection in Celebration of its 70th Anniversary

Retrieved on:

Tuesday, April 16, 2024

Hip, VIBE, Woman, Collection, Family, Prince Street station, Creativity, Walking, Interior design

NEW YORK, April 16, 2024 /PRNewswire/ -- Nina Shoes, the iconic women's footwear brand, announces the launch of its limited-edition Archive Collection, featuring six styles that capture the effortlessly chic spirit of the brand's origins as it celebrates its 70th year of creating exciting footwear that women want to wear.

Key Points:

As an original in the footwear industry, Nina Shoes has continually set the standard for design and innovation.
With the limited-edition Nina Shoes Archive Collection , the Nina family pays homage to its heritage as it gives its customers a glimpse into the early days of Nina.
Redesigned with today's "Nina woman" in mind, this selection of iconic and original styles has been brought to life to commemorate the 70th anniversary milestone occasion.
For more information about the collection and the brand's 70th anniversary celebration, please visit www.ninashoes.com/archive .

Crocs, Inc. Appoints Terence Reilly as EVP and President for the HEYDUDE Brand

Retrieved on:

Tuesday, April 16, 2024

Growth, Communication, Rider University, Culture, Senior, Family, Bachelor, Marketing, Management

BROOMFIELD, Colo., April 16, 2024 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a global leader in innovative casual footwear for all, today announced the appointment of Terence Reilly as incoming Executive Vice President and President for the HEYDUDE Brand.

Key Points:

BROOMFIELD, Colo., April 16, 2024 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a global leader in innovative casual footwear for all, today announced the appointment of Terence Reilly as incoming Executive Vice President and President for the HEYDUDE Brand.
Mr. Reilly, 56, most recently served as the President of the Stanley Brand where he reshaped the century-old insulated drinkware brand into a must-have brand of current culture.
Mr. Reilly will join the executive leadership team on April 29 and will report directly to Andrew Rees, Chief Executive Officer.
"I am looking forward to joining the HEYDUDE Brand as President," Terence Reilly commented.

Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on:

Thursday, April 11, 2024

Bank of America, Wells Fargo, News, BMO Capital Markets, Morgan Stanley, Fannie Mae, StoneX Group Inc., Cantor, Minority, BofA Securities, CAS, Disclosure, Bank

BofA Securities, Inc. ("BofA") is the co-lead manager and joint bookrunner.

Key Points:

BofA Securities, Inc. ("BofA") is the co-lead manager and joint bookrunner.
Co-managers are BMO Capital Markets Corp. ("BMO Capital Markets"), Cantor Fitzgerald & Co. ("Cantor"), StoneX Financial Inc. ("StoneX"), and Wells Fargo Securities, LLC ("Wells Fargo").
To promote transparency and to help credit investors evaluate our securities and the CAS program, Fannie Mae provides ongoing, robust disclosure data, as well as access to news, resources, and analytics through its credit risk transfer webpages .
In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.

Government Technology Veterans George Wilson and Tom Weston Partner with Bluestone Investment Partners

Retrieved on:

Thursday, April 11, 2024

CFO, ECS, Federation, Military medicine, Partnership, Federal, MAG Aerospace, Bluestone, Partner (business rank), Stanley, Inc., Record, Government, CGI, Health, CGI Inc.

MCLEAN, Va., April 11, 2024 /PRNewswire/ -- Bluestone Investment Partners ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in the defense and government technology sector, today announced a partnership with seasoned government technology leaders, George Wilson and Tom Weston. Messrs. Wilson and Weston have extensive strategy, operational, and M&A experience, and proven records of value creation in the defense and government technology sector.

Key Points:

MCLEAN, Va., April 11, 2024 /PRNewswire/ -- Bluestone Investment Partners ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in the defense and government technology sector, today announced a partnership with seasoned government technology leaders, George Wilson and Tom Weston.
Messrs. Wilson and Weston have extensive strategy, operational, and M&A experience, and proven records of value creation in the defense and government technology sector.
John Allen, Bluestone co-founder and Managing Partner, said "We have known George and Tom for more than two decades and have long wanted to partner with them.
"We are excited to partner with the Bluestone team to build a premiere government technology provider," said George Wilson.