FlexGen, KPP Team Up to Deliver Kansas Solomon Energy Storage Center
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DURHAM, N.C., Jan. 27, 2021 /PRNewswire/ FlexGen, a leading energy storage technology company, announced that it is partnering with The Kansas Power Pool (KPP), to design, build and operate the Solomon Energy Storage Center in Minneapolis, Kansas. KPP is a member-driven public power organization which procures energy and transmission service for community-owned electric utilities across Kansas.
FlexGen Batteries help utilities like the Kansas Power Pool power up when the grid needs it the most. KPP chose FlexGen to deliver Kansas Solomon Energy Storage Center, providing 1 MW of power to utility members.
Corporations purchased record 23 7GW of renewables in 2020 reneweconomy.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reneweconomy.com.au Daily Mail and Mail on Sunday newspapers.
Lombard Odier IM bolsters institutional sales team
Lombard Odier Investment Managers (LOIM) has bolstered its UK and Ireland institutional sales team with two new hires.
Chris Vogtherr and Claudia Ziebart joined the investment giant this month to help launch the company’s sustainability strategies to align with the Paris Agreement.
Head of UK and Ireland institutional sales Ritesh Bamania said: “The appointments reinforce our commitment to serving institutional clients with best-in-class investment solutions, underpinned by our company-wide focus on sustainability.”
Vogtherr comes from Quoniam Asset Management, where he was executive director of international client relationships, while Ziebart joins from Northern Trust Asset Management.
What s Going on With All These SPACs?
Posted January 26, 2021
A lot of changes happened in 2020 both good and bad. Last year saw a rise in blank-check, or special purchase acquisition company (SPAC), IPOs. It was just another aspect of 2020 that made it a standout year. Generally, there has always been the occasional blank check that would go public. However, the amount that went public in 2020 was remarkable.
According to data by Dealogic, as of December 24, 2020, these SPACs raised a record $82.1 billion that year, which was a sixfold increase from 2019’s record high. This new record also accounted for almost half of the 2020 IPO market’s total proceeds obviously a huge addition to an already robust IPO market that year.