Newly formed entity includes the recently completed acquisition of ANPAC portfolio of 11 run-of-river hydroelectric plants as well as the existing Cerro Dominador plants
Platform is well positioned to support the energy transition in Chile with innovative projects providing renewable energy 24/7 WASHINGTON & SANTIAGO, Chile, June 30 (Bernama-BUSINESS WIRE) -- EIG, an institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today launched Grupo Cerro, a new renewable energy platform in Chile. The newly formed entity includes EIG-owned Cerro Dominador plants and the recently acquired ANPAC, the owner of a portfolio of 11 small and medium run-of-river hydroelectric power plants in the O’Higgins, El Maule, Bio Bio and La Araucania regions. The 110 MW ANPAC portfolio includes operating plants and projects at various stages of construction and development in both the spot and stabilized-tariff markets. Following the acquisition, Grupo Cerro now manages over 280 MW of installed capacity in Chile, including the Cerro Dominador Photovoltaic (PV) and Concentrated Solar Power (CSP) plants. The group’s portfolio also includes several projects in advanced phases of construction and development, including the Likana Solar complex, one of the largest CSP projects in the world with a capacity of 690 MW, Pampa Union, a 600 MW PV power plant, as well as more than 40 MW of run-of-river hydroelectric power plants. R. Blair Thomas, EIG’s Chairman and CEO, said, “The transaction is expected to provide portfolio synergies, create operating efficiencies and enhance technological and geographic diversification for Grupo Cerro. After the completion and synchronization of the ground-breaking Cerro Dominador solar power plant in 2021, the first CSP project in Latin America, this transaction marks another significant milestone in our strategy to invest in high-quality assets, best-in-class teams and energy infrastructure supporting the energy transition in Chile.” Fernando Gonzalez, CEO of Grupo Cerro, said, “This transaction advances our commitment to Chile’s growth. These plants, combined with our Likana Solar and Pampa Union projects now under development, will help diversify our renewable energy portfolio geographically to be able to further secure low-cost renewable energy production for the Chilean market and continue supplying clean power throughout the country 24 hours a day.” About EIG EIG is a leading institutional investor to the global energy sector with $25.0 billion under management as of March 31, 2022. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 40-year history, EIG has committed over $40.0 billion to the energy sector through more than 380 projects or companies in 38 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com. About Grupo Cerro Grupo Cerro is a newly formed renewable energy company which aims to build a sustainable future by providing the Chilean system and customers clean, manageable power 24 hours a day. The company manages a portfolio of more than 280 MW of operating projects throughout Chile and a 1.3 GW development pipeline. View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005646/en/ Contact Media Contacts: EIG FGS Global Kelly Kimberly / Brandon Messina +1 212-687-8080 [email protected] Cerro Dominador María José López [email protected] HR & Corporate Affairs Director Source : EIG --BERNAMA
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The Gartner Peer Insights Customer First Signals Technology Providers Who Have Committed at an Organizational Level to Allow All Applicable Customers to Leave a Review
NEW YORK & SINGAPORE, June 29 (Bernama-BUSINESS WIRE) -- Anunta Tech, a leading Managed Desktop-as-a-Service (DaaS) provider, is excited to share that they have joined the Gartner Peer Insights Customer First program for Enterprise DaaS product(s) in the DaaS market. Gartner defines DaaS Market as “solutions that provide a virtualized desktop or Windows application experience to workers, entirely from a remote hosted location such as the public cloud.” “We are excited to be part of the Gartner Peer Insights Customer First program. We believe it showcases our commitment to deliver innovative DaaS products to our customers by putting them at the center,” said Mr. Sivakumar Ramamurthy, CEO, Anunta Tech. “Over the years, we have sought open customer feedback to drive product innovations at Anunta and feedback received on neutral and industry-respected platforms like Gartner Peer Insights will augment our customer-first approach. We are grateful for all the feedback we receive from our customers in our journey to design innovative DaaS offerings.” Over the last decade, Anunta has become a trusted advisor in the DaaS market, forming long-term partnerships with global enterprises and enabling them in their digital transformation journey with continuous innovation and focus on end-user experience. Disclaimer The Gartner Peer Insights Customers’ Choice Badge, Gartner®, and Peer Insights™ are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner® Peer InsightsTM content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. About Anunta Anunta is an industry-recognized Managed Desktop as a Service provider focused on Enterprise DaaS, Packaged DaaS, and Digital Workspace technology. Anunta has successfully migrated 500,000+ remote desktop users to the cloud for enhanced workforce productivity and superior end-user experience. Since its inception, Anunta has been empowering its customers globally with sustainable, secure, and scalable, managed DaaS offerings for business resiliency and workplace transformation. Anunta are Top Tier partners with all the major technology OEMs (VMware, Microsoft, and Citrix) and cloud platform providers involved in virtualization technologies, particularly desktop virtualization. Anunta have been consistently adding value to our customers by delivering excellence in design, onboarding, migration, and Day 2 packages by delivering cloud desktops across the most complex and varied use-cases. For more information, visit https://www.anuntatech.com/ View source version on businesswire.com: https://www.businesswire.com/news/home/20220628006215/en/ Contact Tanoo Gupta, Senior Account Manager M (+91) 9899644070, [email protected] Ishmeet Bedi, Account Executive M (+91) 9210067468, [email protected] Source : Anunta Tech http://mrem.bernama.com/viewsm.php?idm=43540 Ms. Irene Kwan Chief Executive Officer of TMC Fertility & Women’s Specialist Centre PUCHONG, June 29 (Bernama) -- TMC Fertility and Women’s Specialist Centre has taken healthcare screening to a whole new level with the announcement of their new ground-breaking screening technology – Fertility GeneCode and My GeneCode. “Fertility GeneCode” is a comprehensive screening procedure that is particularly beneficial for couples who are considering IVF procedures and want to give it their best shot at the lowest possible cost. This breakthrough screening procedure will scan your DNA for over 10,000 genetic disorders and hereditary cancer syndromes and will tell you how effective your fertility treatment is going to be, eliminating the need for trial-and-error. This technology aids in the diagnosis of infertility-causing genetic diseases such as PCOS in women and Azoospermia in men, as well as other genetic conditions that cause frequent miscarriages and alter reproductive organs and hormones. Additionally, the screenings will look for conditions that prevent eggs from maturing properly. If you’ve attempted IVF treatments multiple times and have been unsuccessful, Fertility GeneCode will shed some light on the reasons behind those failed attempts. If you’re not intending to become a parent but desire to improve your overall health, this screening procedure is also for you! TMC Fertility’s “My GeneCode”, is an extension of “Fertility GeneCode” that identifies an additional 195 genes responsible for transferring genetic health risks. It examines diseases, diet and nutrition, skin, dementia and brain health, among other things, to help you identify problem areas in your life and make the necessary changes to live a better, healthier life. Ms. Irene Kwan, CEO of TMC Fertility & Women's Specialist Centre said, “We believe in treating infertility holistically because no two patients are alike and many factors influence an individual’s decision regarding treatment.” She added, “At the end of the day, our centre aims to deliver the best possible outcome for our patients on their fertility journey.” Dr. Navdeep Singh Pannu, Medical Director at TMC Fertility & Women’s Specialist Centre who was also present at the press conference said, “Knowing the reasons behind your infertility will help you get the right kind of help you need, whether it’s emotional support or a medical intervention.” He added, “When you are able to identify the obstacles that keep you from achieving your dreams, you are able to easily overcome these obstacles.” TMC Fertility hopes that their breakthrough in healthcare screening will eventually change the future of fertility treatments and ultimately increase the overall pregnancy success rates in Malaysia. These procedures are now available at all six TMC Fertility & Women’s Specialist Centres throughout the country. TMC Fertility has over 25 years’ experience and has produced the highest number of IVF babies in Malaysia. We also have the largest network of fertility centres in Malaysia, with branches located in Puchong, Kepong, Kota Damansara, Ipoh, Penang, and Johor Bahru. For more information, please visit www.tmcfertility.com. SOURCE: TMC Fertility & Women’s Specialist Centre KUALA LUMPUR, June 29 (Bernama) -- Hitachi Energy, a market and technology leader in transmission, distribution and grid automation solutions, and Petrofac, a leading international service provider to the energy industry, have entered into a collaboration to provide grid integration and associated infrastructure to support the rapidly growing offshore wind market. “We are delighted to collaborate with Petrofac to help meet the growing need for large-scale offshore wind generation and deliver clean renewable electricity to consumers,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “As leaders in our respective fields, this collaboration will create added value for our customers and help accelerate the energy transition.” Meanwhile, Elie Lahoud, Chief Operating Officer, Engineering & Construction of Petrofac said: “Hitachi Energy is well known for its long track record in providing innovative technologies and solutions across the power grid value chain. “We look forward to bringing our industry-leading experience and deep domain knowledge together, to benefit our customers and power millions more homes using renewable energy.” This collaboration builds on the complementary core technologies and expertise of both companies in offshore wind to support the decarbonisation of power systems and deliver clean energy. According to a statement, it covers high-voltage direct current (HVDC), as well as high-voltage alternating current (HVAC) solutions. Hitachi Energy’s HVDC Light® and modular HVAC grid technologies and solutions and Petrofac’s world-class engineering, procurement, construction and installation capabilities for offshore platforms and offshore and onshore civil works, will bring considerable benefits to the efficient implementation of offshore wind projects and help accelerate the energy transition. More details at https://www.hitachienergy.com. -- BERNAMA HONG KONG, June 28 (Bernama-BUSINESS WIRE) -- CSOP Asset Management Limited (“CSOP”) is glad to announce that ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (ticker: 3199. HK) was admitted to Index-Tracking Collective Investment Schemes ("ITCIS") as the first Chinese government bond ETF approved by Mandatory Provident Fund Schemes Authority (“MPFA”) on 23 June 2022. 3199.HK is the largest China government bond ETF in Hong Kong with asset under management of USD 775 million, equivalent to around RMB 5.2 billion1, rendering its leadership as one of the world’s largest Chinese government bond ETFs. Since inception in February 2014 till end of May 2022, 3199.HK has achieved a steady return as high as 33.26% in RMB term2, equivalent annualized return of 3.54%. As an ITCIS fund now, 3199.HK is eligible to offer investment opportunities of China’s fast growing onshore government bond market to meet demands from both MPF scheme members and the industry.
The significance of China onshore market has become too important to ignore. With onshore market size at around USD 18 trillion, China’s bond market has become the second largest in the world, trailing just behind the U.S.3. The further opening-up of China’s onshore bond market presents attractive opportunities to global investors. According to historical data, the China onshore bonds offer a higher total return with a relatively lower return volatility compared to other major economies4. In addition, the low correlation between China onshore bonds and global bonds would potentially provide greater portfolio diversification for investors5. Worth mentioning, in the past few years, foreign investments continued to flow into China onshore market. As of April 2022, foreign institutions hold more than RMB 3.7 trillion (over USD 580 billion) of onshore Chinese bonds6. Albeit the enormous amount, which is five times more than that of 2015, the foreign holding percentage is just around 3.2%, implying severe underinvestment by global institutions. If fully included in the three major global fixed income indices, the Chinese onshore bonds are expected to attract about USD 320 billion of inflow in aggregation7. In anticipation of the upcoming full inclusion, it is deemed a good timing for investors to tap into the promising China onshore bond market. Taking into account all factors, Hong Kong's Legislative Council has passed a regulation to allow MPF to invest in Chinese government bonds, which has already taken effect upon gazettal on June 2. CSOP, the most representative Chinese offshore asset manager, as well as an ETF leader in Asia, is known for its experiences and expertise in managing the Chinese government bond ETFs. Melody He, Deputy CEO of CSOP comments “. As the leading Chinese government bond ETF issuer in the region, CSOP manages the largest Chinese government bond ETFs in Hong Kong and Singapore respectively, bridging China onshore government bond market with investors in the region. The inclusion to ITCIS is another milestone of 3199.HK. We believe 3199.HK, a transparent investment tool with relatively low cost, easy access and diversified bond holdings will meet the MPF scheme members’ demand.” About CSOP Asset Management Limited CSOP Asset Management Limited (“CSOP”) was founded in 2008 as the first offshore asset manager set up by a regulated asset management company in China. With a dedicated focus on China investing, CSOP manages public and private funds, as well as providing investment advisory services to Asian and global investors. In addition, CSOP is best known as an ETF leader in Asia. As of 31 December 2021, CSOP has more than USD 11 billion in assets under management. IMPORTANT: Investment involves risks. Investment value may rise or fall. Past performance information presented is not indicative of future performance. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and risk factors. Investors should not base on this material alone to make investment decisions. Product Risk Disclosure: ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF
This material has not been reviewed by the Securities and Futures Commission. Issuer: CSOP Asset Management Limited Please refer to the offering documents for the index provider disclaimer. 1 CSOP, as of 23 June 2022 2 CSOP, Bloomberg, as of 31 May 2022 3 Bloomberg, CCDC, Shanghai Clearing as of 29 April 2022 4 FTSE Russell, from March 2009 to May 2022 5 FTSE Russell, from March 2009 to May 2022 6 Bloomberg, CCDC, Shanghai Clearing as of 29 April 2022 7 FTSE Russell, Bloomberg, J.P. Morgan and UBS estimates View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005592/en/ Contact Larry Wang Tina Shu CSOP Asset Management Limited Email: [email protected] Tel: +852 3406 5613/ +852 3406 5675 Source : CSOP Asset Management Limited http://mrem.bernama.com/viewsm.php?idm=43529 |
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