VANCOUVER: NetCents Technology Inc. has provided and an update on the NetCents Cryptocurrency Credit Card. To refresh investors on August 10, 2020, the Company announced that it joined the Visa Fintech FastTrack Program – for the rollout of a Crypto-Backed Visa Card, this project superseded the previous credit product since it was an opportunity to…
Storm Real Estate to acquire all shares of KMC Properties for NOK 1.076 billion
OSLO: Storm Real Estate ASA has entered into an agreement to acquire 100% of the issued and outstanding shares in KMC Properties AS for an agreed purchase price of approximately NOK 1.076 billion, a news release said. KMC Properties AS is a privately owned real estate company that at the time of completion of the…
FORAS and Hafslund Eco enter into collaboration for offshore wind in Norway
OSLO: Fred. Olsen Renewables AS (FORAS), a wholly owned subsidiary of Bonheur ASA, has entered into an agreement with Hafslund Eco to cooperate as equal partners on a 50/50 basis on development of offshore wind and transmission concepts in Norway. The combination of Hafslund Eco’s competences as power producer and grid operator with FORAS’ experience…
Chorus Limited announces NZ$200 million fixed rate retail bond offer
WELLINGTON: Chorus Limited, a provider of telecommunications infrastructure throughout New Zealand, announced that it is offering up to NZ$200 million of unsecured, unsubordinated, fixed rate bonds to New Zealand retail and institutional investors and certain overseas institutional investors. The offer will be across two Series of Bonds. The two Series of Bonds are seven year…
Waipipi windfarm in South Taranaki commences electricity generation
AUCKLAND, NZ: The Waipipi windfarm in South Taranaki has started generating 100% renewable, zero-emissions electricity to the national grid, strategic partners Tilt Renewables and Genesis Energy announced. The milestone energisation of the first turbines is largely to schedule despite the Covid-19 related shutdown of the site earlier in the year, a credit to contractors and…
Shawn Tabak appointed CFO at Naked Wines
LONDON: Naked Wines Plc announced the appointment of Shawn Tabak as Chief Financial Officer. Shawn will join Naked on 7 December 2020. This follows the previous announcement that James Crawford, current CFO of Naked, has been appointed Managing Director of the Naked Wines’ UK business. James will hand over his duties as CFO to Shawn…
Virgin Money UK appoints Clifford Abrahams as Group Chief Financial Officer
LONDON: Virgin Money UK has appointed Clifford Abrahams as Executive Director and Group Chief Financial Officer (CFO). It is expected that Clifford will join the Group in March 2021, subject to regulatory approval. Clifford will succeed Enda Johnson, who is currently Interim Group CFO, allowing for a smooth transition and comprehensive handover of responsibilities. Clifford…
AFC Energy signs manufacturing contract with BK Gulf
LONDON: AFC Energy has signed a binding Agreement with BK Gulf LLC to support the immediate scale up of manufacturing capacity for delivery of its proprietary H-Power fuel cell system. AFC Energy and the Dutco Group commenced commercial discussions in November 2015 by signing a Heads of Agreement to review the potential for Hydrogen fuel…
Fraser Marshall to head Capital Markets Division of WH Ireland
LONDON: WH Ireland announced that Fraser Marshall has joined the Group as Head of its newly-formed Capital Markets Division as the Company looks to further build out and grow the existing high quality proposition for both its existing and new clients. Mr Marshall joins WH Ireland from Arden Partners where he was Head of Equities…
Sistema attracts RUB 10 billion sustainability improvement loan from Sberbank
MOSCOW: Sistema PJSFC has agreed with PJSC Sberbank to open a RUB 10 billion framework credit line, with the option to tie the interest rate on each loan to sustainability performance (Sustainability Improvement Loan). By entering this agreement, Sistema has committed to adopting its Environmental Policy and integrating responsible investment principles into its investment process….
BBGI Global Infrastructure buying 25% stake in Signature on the Saint-Lawrence Group
LONDON: BBGI Global Infrastructure S.A., the global infrastructure investment company, has entered into an agreement to acquire a 25% equity interest in Signature on the Saint-Lawrence Group, the operator of the Samuel De Champlain Bridge Corridor in Montreal, Quebec, Canada. The Government of Canada is the owner of the bridge. The project originally consisted of…
Tissue Regenix Group appoints Daniel (Danny) Lee as Chief Executive Officer
LEEDS: Tissue Regenix Group has appointed Daniel (Danny) Lee as Chief Executive Officer, a news release said. Danny joined the Group as President of U.S. Operations in January 2019. Danny will commence his new role and join the Board with immediate effect. Danny, who resides in the United States, has nearly 30 years’ experience in…