Dean Orrico, representing the Investment Manager, noted: Global equities performed well in March with the MSCI World, S&P 500 and TSX Composite returning 4.5%, 5.5% and 6.1% in GBP, respectively. The Fund s net asset value generated a total return of 8.5% during the month, lifting its year-to-date return to 13.5%. Growth in earnings explains most of the recent move in equities since market multiples have been relatively flat for the past nine months. Q4 2020 earnings results outpaced expectations by an average of 17% among S&P 500 constituents and 8% for members of the TSX Composite. We expect these tailwinds to persist as full-year corporate earnings in 2021 are projected to grow by 40% in the U.S. and 67% in Canada compared to last year.
Shelburne Riverlands conservation land acquired with community, state support (
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April 08, 2021SHELBURNE Two State of New Hampshire programs have made Mahoosuc Land Trust s (MLT) conservation of the 861-acre Shelburne Riverlands a reality. A $125,000 grant from the Land and Community Heritage Investment Program (LCHIP) and a $761,668 grant from the New Hampshire Department of Environmental Services Aquatic Resource Mitigation (ARM) Program allowed the trust to close today on the purchase from Bayroot, LLC. Key additional support came from dozens of individuals, businesses including Brookfield Renewables, and a major grant from the Randolph Area Conservation Opportunity Fund. The project also inspired a land donation by Shelburne residents, increasing the total project acreage protected to 880 acres.
SHELBURNE â An ambitious program announced by the non-profit Mahoosuc Land Trust less than a year ago to permanently conserve nine mainland parcels and 30 islands along an 8.7-mile stretch of the Androscoggin River has become a reality.
The $780,000 property purchase was finalized Friday and the deeds registered in the Coos County Courthouse in Lancaster.
The closing of the 861-acre Shelburne Riverlands project was handled by Andrew Dean, a partner at Cooper Cargill Chant P.A. of North Conway and Berlin.
Bayroot LLC sold the acreage being managed by Wagner Timber Management of Lyme. The parcels were previously owned by Mead/Westvaco Corp.
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With customer demand already driving the rapid growth of renewable energy, a climate-focused infrastructure bill should focus on transmission and research, according to experts on a Thursday panel hosted by the American Council on Renewable Energy.
Infrastructure is next on the Biden administration agenda, and there s ample political will to increase spending on infrastructure, according to Christina Hayes, vice president of federal regulatory affairs at Berkshire Hathaway Energy. Focusing on decarbonization by 2035, she said, could create thousands of new jobs and other benefits, but requires a focus on shovel ready projects.
Private capital for clean energy and transmission projects is readily available, according to Susan Nickey, executive vice president and chief client officer of climate-focused investment firm Hannon Armstrong. However, she said, cumbersome permitting processes have prevented the construction of needed transmission projects.