Categoría: Geovanny Vicente

P2 Science Launches Innovative Line of Performance Cosmetics Fluids

WOODBRIDGE, Conn., Feb. 1, 2021 /PRNewswire-PRWeb/ — P2 Science, Inc.(P2), a renewable chemistry company, today announced the launch of a brand new, unique, bioderived and patented line of high-performance cosmetics fluids. The new line, trade-named CitroVisc™, is built on the proprietary Citropol® platform. As such,…

WOODBRIDGE, Conn., Feb. 1, 2021 /PRNewswire-PRWeb/ — P2 Science, Inc.(P2), a renewable chemistry company, today announced the launch of a brand new, unique, bioderived and patented line of high-performance cosmetics fluids. The new line, trade-named CitroVisc™, is built on the proprietary Citropol® platform. As such, CitroVisc products are derived from upgraded forestry by-products from Forest Stewardship Council certified forests. The CitroVisc line will include fluids with viscosities ranging from 1,000 cPs and up to around 10,000 cPs.

Commercial production of the first product in the line, CitroVisc 1000, a 1,000 cPs fluid, will start soon at P2’s state-of-the-art green chemistry manufacturing facility in Naugatuck, CT. Samples and product literature are available now at the company’s website, and CitroVisc 1000 can be purchased directly on the company’s e-store – also on the website.

«This CitroVisc line is a long-awaited set of ingredients which gives formulators access to a full range of fluids of various viscosities. The products will find immediate application as alternatives to silicones of various viscosities and as novel formulation building blocks in and of themselves,» said Neil Burns, CEO of P2. «The development and commercialization of this line took place in record time due to the incredible efforts of our technology and applications teams in response to very strong customer interest.»

The Citrovisc 1000 launch represents the 9th green-chemistry based product to be commercialized by P2 since April of this last year.

About P2 Science:
P2 Science is a green chemistry company, co-founded by Professor Paul Anastas, head of the Yale Center for Green Chemistry and Green Engineering. P2 has developed and patented technologies for converting renewable feedstocks into high-value specialty products. Investors in P2 include BASF Venture Capital, Xeraya Capital, Elm Street Ventures, Connecticut Innovations, Ironwood Capital, HG Ventures and Chanel. The company started up its first manufacturing plant in September of 2018 which produces novel renewable aroma chemicals and cosmetic ingredients. For more information, visit http://www.p2science.com

Media Contact

Neil Burns, P2 Science, 1 (732) 688-9585, neil@p2science.com

 

SOURCE P2 Science

Trend-leader CS Energy is Working to Advance Opportunities for Women in Renewable Energy

EDISON, N.J., Feb. 1, 2021 /PRNewswire/ — CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, has launched an employee-led effort to support, as well as increase the number of women on its team and within the broader renewable energy industry.

In spite of the ongoing impacts of the COVID-19 global pandemic, a group of female employees, with the support of executive management, launched CS Energy’s…

EDISON, N.J., Feb. 1, 2021 /PRNewswire/ — CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, has launched an employee-led effort to support, as well as increase the number of women on its team and within the broader renewable energy industry.

In spite of the ongoing impacts of the COVID-19 global pandemic, a group of female employees, with the support of executive management, launched CS Energy’s Women in Renewable Energy (CS Energy WiRE) program in the spring of 2020. CS Energy WiRE aims to engage the female employees at CS Energy and provide them with the tools needed to grow and advance through a network of support and mentoring. The group is designed for all female employees across the various departments to collaborate and grow both professionally and personally. 

«Despite the pandemic, the spark was there,» said Dawn Robinson, Director of Human Resources and Communications and founding member of CS Energy WiRE. «CS Energy is making a big difference with a top-down approach embracing and encouraging diversity within the company. Our leadership wasted no time in providing the resources needed to launch the group.»

The number of women employed in STEM fields is low, and is especially low in renewable energy. «18 percent of CS Energy’s workforce are women, including 20 percent in our executive team. Our goal is to keep improving participation through this initiative,» said Janani Ramkumar, Director of Pre-construction and founding member of CS Energy WiRE.

CS Energy WiRE plans to increase CS Energy’s ranks of female employees by 10 percent over the next year. The path to achieve that goal involves increasing more female participation in career fairs, developing mentorships, and encouraging network outside the company walls. The group has established a leadership team comprised of employees from a variety of departments and experience levels. That team has led the group through internal networking events and an external Town Hall, where female CS Energy leadership joined forces with the National Girls Collaborative Project to reach women and encourage them to pursue  careers in sustainability, engineering, and renewable energy.

CS Energy has already been recognized as one of the Best Places to Work in New Jersey, in part because the company provides paid time off for volunteer work, allows flexible work schedules, and offers parental leave for both men and women. These benefits, which are not yet universal in the construction industry, are often called for by women in the workforce.

«There is so much opportunity for women to thrive in the exciting fields of renewable energy, engineering, and construction,» said Diana Palazzi Mery, Executive Vice President of Accounting & Finance for CS Energy. «We’re working to create a program that we hope will be a powerful tool to advance their success.» Palazzi Mery is the first woman on the company’s executive leadership team, and one of CS Energy WiRE’s founding members.

About CS Energy

CS Energy is an industry-leading engineering, procurement and construction (EPC) energy firm that designs and builds optimized projects in solar, energy storage, and emerging energy industries. CS Energy’s attention to detail, flawless execution and highly talented workforce has enabled the company to successfully design and install over 1 GW of solar projects across the United States. CS Energy leverages strong relationships with solar developers, IPPs, utilities, off-takers, suppliers, and landowners to help our customers streamline the project development process, lower project costs, and create value for all stakeholders. Majority-owned by Ares Infrastructure and Power, CS Energy has an experienced and committed management team and the financial resources required to continue expanding its solar and energy storage business as a trusted and long-term partner.

CS Energy Media Contact:
Kevin Magayah
732.484.2432
290403@email4pr.com

 

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SOURCE CS Energy

A plan to eliminate poverty for all retirees

New proposal eliminates retirement income inequity for all future generations of Americans

GLASSBORO, N.J., Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Ric Edelman, Distinguished Lecturer at Rowan University and one of the most acclaimed financial advisors in the nation, today released a proposal that eliminates poverty in retirement for all future generations of Americans.

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New proposal eliminates retirement income inequity for all future generations of Americans

GLASSBORO, N.J., Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Ric Edelman, Distinguished Lecturer at Rowan University and one of the most acclaimed financial advisors in the nation, today released a proposal that eliminates poverty in retirement for all future generations of Americans.

Called RISE (Retirement Income Security for Everyone), Edelman’s proposal is permanent and completely self-funding, with no financial support needed by Congress or taxpayers. Instead, the U.S. Treasury Department would sell one RISE Savings Bond for each baby born in America each year. The money would be managed as determined by Congress.

Under Edelman’s proposal, each RISE Bond of $5,884 would be redeemed in 20 years, just like other U.S. Savings Bonds. Redemptions and the program’s administrative expenses would be funded by the program itself so there would be no cost to the government or taxpayers.

In 70 years, the now-retired babies would each begin receiving monthly income through age 100. Each baby would receive enough income to place them at the median income of all U.S. households. Every child would receive benefits from RISE, and those born into lower-income households would receive more than those born into higher-income households.

«RISE eliminates poverty in retirement for all future generations of Americans,» said Edelman, who founded Edelman Financial Engines, the largest independent financial planning and investment management firm in the nation, managing $260 billion for 1.2 million American families. Several industry publications have called Edelman one of the most influential thought leaders in the financial services field, and he was named the country’s #1 Independent Financial Advisor three times by Barron’s.

«The key to RISE is seven decades of compound growth,» Edelman said. He noted that only one person—Benjamin Franklin—ever applied the principle of compounding to such long periods.

«Benjamin Franklin gave money to the cities of Boston and Philadelphia,» Edelman noted, «with the stipulation that they not touch the money for 100 years. His foresight produced huge financial support to both cities.» Edelman wrote about Benjamin Franklin’s will to illustrate how small donations can become worth many millions of dollars after many decades of growth.

«A one-time funding of $5,884 at birth is enough to give each retiree $120,000 in annual income starting at age 70,» Edelman said. By contrast, the average worker will spend more than $420,000 contributing to a 401(k) and Social Security – yet will receive less income in retirement than RISE provides, he noted.

«That’s because workers only save for three or four decades. By letting money grow for seven decades, RISE unleashes the true long-term power of compounding,» Edelman explained.

Millions of retirees enter retirement with insufficient savings because they don’t earn enough money to save, he said. Since 1970, incomes for the top 5% of households have more than doubled, while incomes for the bottom fifth of households fell 15%, according to the Pew Research Center.1 As a result, upper-income families by 2016 had 75 times more wealth than the lowest-income families – up from 28 times in 1983.

«RISE is an important plan to supplement Social Security for future generations to ensure safe and secure retirements, especially for lower income Americans, by starting to fund retirement at birth,» said James Lockhart III, Former Deputy Commissioner and Chief Operating Officer of the Social Security Administration. «The funding mechanism is a very innovative approach that should be explored.»

«We owe it to the youngest among us to provide paths to financial security in old age and RISE represents exactly the kind of out-of-the-box thinking we need,» said Laura L. Carstensen, Ph.D.,
Fairleigh S. Dickinson Jr. Professor in Public Policy and Director of Stanford University’s Center on Longevity.

«This is the time for big ideas,» said Paul Irving, Chairman of the Milken Institute Center for the Future of Aging. «RISE is a bold plan to ensure that every American child can look forward to a financially secure retirement. RISE offers the opportunity to narrow gaps and change the financial futures of future American generations.»

«This innovative proposal to help reduce poverty and income inequality in the U.S. can be elegantly put into use to benefit the society at large,» said Ihsan Isik, Ph.D., Professor of International Banking and Finance in Rowan University’s William G. Rohrer College of Business.

Jason Grumet, Founder and President of the Bipartisan Policy Center, said, «As the country grapples with the twin challenges of retirement security and inequality, innovative ideas like RISE are needed to address retirement security for all.»

RISE is a permanent and completely self-funding way to ensure that all future generations of Americans enjoy a financially secure retirement.

Read the proposal and FAQs at www.WeCanRise.com.

1https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/

SOURCE Rowan University

2022 MDX Asserts its Role as the Flagship of the Acura Brand in New Launch Campaign

TORRANCE, Calif., Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — In advance of arriving at dealerships Feb. 2, Acura’s all-new 2022 MDX launch campaign (<a target="_blank"…

TORRANCE, Calif., Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — In advance of arriving at dealerships Feb. 2, Acura’s all-new 2022 MDX launch campaign (acura.us/mdxlaunchcampaign) demonstrates how Acura’s long-time racing and sports car success is powering the fourth-generation SUV to its new role as the flagship of the brand.

2022 MDX Asserts its Role as the Flagship of the Acura Brand in New Launch Campaign

Set to the soundtrack of Queen’s «Tear It Up,» the new Acura campaign highlights key components of the all-new MDX, including its bold and athletic exterior design along with a new, sophisticated and elegant interior featuring the most high-tech and advanced cockpit in the brand’s history. MDX performance is underpinned by a first-ever double-wishbone front suspension applied to its all-new, ultra-rigid platform, featured in an accompanying spot (acura.us/mdxperformance) that also demonstrates MDX’s towing capability. Full 2022 MDX information is available here.

The integrated campaign takes viewers on an exciting trip through Acura’s pinnacle vehicles and racecars to highlight that MDX shares the «same DNA» as the original 1991 NSX, 2001 Integra Type R and the 2021 NSX. Acura’s racing heritage is reflected with the Comptech Spice Acura GTP Lights racecar that Parker Johnstone drove to three consecutive IMSA Camel Lights Driver’s Championships from 1991 to 1993, along with an appearance by the back-to-back IMSA Championship-winning NSX GT3 Evo.

The campaign was developed in collaboration with agency of record MullenLowe LA, and will be featured across broadcast, digital and social media. Key national broadcast highlights include cable and live sports – NBA, NCAA and March Madness match-ups. The 2022 MDX campaign will also be featured on streaming platforms with :30 and :15 versions of the TV creative, along with :06 versions featured across social media. Acura’s MDX spots will also run in Spanish and Chinese-language.

     Other key campaign components include:

  • «Origin Story,» a social media activation launching next month on Acura’s social channels with a series of videos that dive further into the «same DNA» performance and innovation story that led to MDX.
  • «Working Mom,» a dedicated Spanish-language :30 TV spot, that will run across national Hispanic networks including Telemundo and Univision, showcasing the duality of the 2022 MDX as a high-performance and ultramodern family SUV to reach Hispanic audiences.
  • High-impact digital editorial partnerships with Travel + Leisure, Conde Nast, Martini, as well as Hispanic outlets such as People en Español and Mama’s Latina.
  • Integration of high-impact digital media to reach key Chinese audiences, working with niche publishers such as Asian Media Group.

About Acura

Acura is a leading automotive nameplate that delivers Precision Crafted Performance – a commitment to expressive styling, high performance and innovative engineering, all built on a foundation of quality and reliability. The Acura lineup features five distinctive models – the ILX and TLX sport sedans, the RDX and MDX sport-utility vehicles and the next-generation, electrified NSX supercar. All Acura models sold in North America for the 2021 model year are made in the U.S., using domestic and globally sourced parts.

Additional media information including pricing, features & specifications and high-resolution photography is available at AcuraNews.com. Consumer information is available at Acura.com.

Acura Logo.

Photo – https://mma.prnewswire.com/media/1429784/HERO_2022_MDX.jpg
Logo – https://mma.prnewswire.com/media/458749/acura_logo.jpg  

SOURCE Acura

Cboe Options Exchange to List Mini-Russell 2000 Index Options (MRUT) Beginning March 1

CHICAGO, Feb. 1, 2021 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today announced plans to launch trading in Mini-Russell 2000® Index options on Cboe Options Exchange beginning Monday, March 1, pending regulatory approval.

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CHICAGO, Feb. 1, 2021 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today announced plans to launch trading in Mini-Russell 2000® Index options on Cboe Options Exchange beginning Monday, March 1, pending regulatory approval.

New Mini-Russell 2000 Index options (ticker symbol: MRUT) are designed to provide direct exposure to the Russell 2000 Index in a more manageably sized and cost-effective contract. The mini options will share the same contract terms as standard Russell 2000 Index options (ticker symbol: RUT) but will be one-tenth the size of the standard contract, making them comparable to ETF options that similarly provide U.S. small-cap equity exposure. With a smaller notional value, Mini-Russell 2000 Index options help to offer investors potentially greater flexibility and precision when managing U.S. small-cap equity market risk or allocating among accounts.

The creation of the mini contract follows Cboe’s success with standard Russell 2000 options – one of the five most liquid cash-settled equity index options listed in the U.S. – and will provide investors with additional tools to execute their U.S. small-cap equity trading strategies. With the launch of Mini-Russell 2000 Index options, Cboe also continues to expand its offerings of tradable index products that feature a mini contract, including Mini Cboe Volatility Index futures (ticker symbol: VXM) and Mini S&P 500 Index options (ticker symbol: XSP), designed to appeal to a wide range of investors, including sophisticated retail traders seeking to hedge or gain exposure to the broad U.S. equity markets. 

Arianne Criqui, Head of Derivatives and Global Client Services at Cboe Global Markets, said: «The Russell 2000 Index continues to be one of the most widely followed U.S. small cap benchmarks, and we are pleased to extend its utility to a broader universe of investors by offering Mini-Russell 2000 Index options. Delivering the features of index options trading in a more manageably sized and flexible vehicle, Mini-Russell options could serve as an alternative to comparable ETF options and a valuable tool for investors to potentially increase yields and hedge risks efficiently.»

Cboe expects the utility of Mini-Russell 2000 Index options to help meet the investment needs of a wide base of market participants, ranging from new index options traders and sophisticated retail traders managing an individual portfolio, to small- and mid-sized institutional investors seeking to execute small-cap options-based strategies. Similar to standard Russell options, Mini-Russell 2000 Index options will be structured as European-style options (no early exercise) and cash-settled (no unwanted delivery or assignment of shares) at expiration with P.M. settlement.

The Russell 2000 Index is the world’s premier benchmark measuring the performance of the small-cap segment of the U.S. stock market. Standard monthly options tracking the Russell 2000 Index were first offered at Cboe in 1992. In 2020, average daily volumes for Russell 2000 Index options traded at Cboe were approximately 34,000 contracts with total open interest standing at over 600,000 contracts.  

For additional information on Cboe’s franchise of FTSE Russell-based index options and the new Mini-Russell options, visit www.cboe.com/mrut.

About Cboe Global Markets, Inc.

Cboe Global Markets (Cboe: CBOE) provides cutting-edge trading and investment solutions to market participants around the world. The company is committed to defining markets through product innovation, leading edge technology and seamless trading solutions.

The company offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S., Canadian and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and volatility products based on the Cboe Volatility Index® (VIX® Index), recognized as the world’s premier gauge of U.S. equity market volatility.

Cboe’s subsidiaries include the largest options exchange and the third largest stock exchange operator in the U.S. In addition, the company operates one of the largest stock exchanges by value traded in Europe, and owns EuroCCP, a leading pan-European equities clearing house. Cboe also is a leading market globally for ETP listings and trading.    

The company is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. For more information, visit www.cboe.com.  

Media Contacts

Analyst Contact

Angela Tu

Tim Cave

Debbie Koopman

+1-646-856-8734

+44 (0) 7593-506-719

+1-312-786-7136

atu@cboe.com 

tcave@cboe.com

dkoopman@cboe.com

CBOE-OE
CBOE-O

Cboe®, Cboe Global Markets®, Cboe Volatility Index®, VIX®, XSP® are registered trademarks of Cboe Exchange, Inc.  All other trademarks and service marks are the property of their respective owners.  Russell and Russell 2000® are registered trademarks of the Frank Russell Company, used under license. All other trademarks and service marks are the property of their respective owners.

Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with Frank Russell Company or S&P.   Investors should undertake their own due diligence regarding their securities, futures and investment practices. This press release speaks only as of this date. Cboe disclaims any duty to update the information herein.

Mini VIX™ futures are complicated financial products that are suitable only for sophisticated market participants.  Mini VIX futures involve the risk of loss, which can be substantial and can exceed the amount of money deposited for the futures position.  Market participants should put at risk only funds that they can afford to lose without affecting their lifestyles.  Before transacting in Mini VIX futures, market participants should fully inform themselves about the characteristics and risks of Mini VIX futures, including in particular those described here.  Mini VIX futures market participants also should make sure they understand the product specifications and the methodologies for calculating the underlying VIX® Index and the settlement values for Mini VIX futures.  

Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction.  Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.

Cboe Global Markets, Inc. and its affiliates, to the maximum extent permitted by applicable law, make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by  recipients of the products and services described herein, or as to the ability of the FTSE Russell or the S&P 500 indexes to track the performance of the general market or any segment thereof, and shall not in any way be liable for any inaccuracies or errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the FTSE Russell of the S&P 500 indexes and shall not in any way be liable for any inaccuracies or errors.

Cautionary Statements Regarding Forward-Looking Information
Certain information contained in this press release may constitute forward-looking statements. We caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made and are subject to a number of risks and uncertainties.

 

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SOURCE Cboe Global Markets, Inc.

NIPSCO Advances Its Cost-Saving Electric Generation Transition Plan With Completion Of First Two Renewable Projects

MERRILLVILLE, Ind., Feb. 1, 2021 /PRNewswire/ — Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based wind projects – Rosewater Wind and Jordan Creek Wind – are online and operating, producing more cost-effective, cleaner energy for its customers across Indiana.

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MERRILLVILLE, Ind., Feb. 1, 2021 /PRNewswire/ — Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based wind projects – Rosewater Wind and Jordan Creek Wind – are online and operating, producing more cost-effective, cleaner energy for its customers across Indiana.

«We are excited to welcome these wind assets to our generating portfolio,» said Mike Hooper, NIPSCO President. «These completed projects are the first concrete step of our innovative ‘Your Energy, Your Future’ plan coming to fruition, bringing lower-cost, cleaner and sustainable energy to our customers today and into the future.»

Rosewater Wind Farm is a 102 megawatt (MW) facility located in White County, Ind. EDP Renewables North America LLC developed and constructed the project. The wind farm is owned and operated by a joint venture consisting of NIPSCO, the developer of the facility and a tax equity investor.

«White County has hosted wind farms for more than a decade, and we’re happy to see the latest project, NIPSCO’s Rosewater Wind Farm, fully constructed and generating clean energy for my fellow Hoosiers,» said Steve Burton, White County Commissioner. «The wind farms have provided reliable investments and a strong tax base for our county, and the economic boost from Rosewater Wind Farm was a bright spot during an extremely challenging year.»

The Rosewater Wind Farm was funded through tax equity investing. By using a tax equity investor that is currently able to utilize the tax benefits more efficiently, NIPSCO is able to provide electricity to customers at a lower cost versus traditional ownership. This use of a tax equity structure is a first in Indiana and one of the earliest examples of a utility engaging in such a structure in the country.

«Our partnership with NIPSCO to build the Rosewater Wind Farm makes economic sense, it makes environmental sense, and it is the future of energy in America,» said Miguel Prado, CEO, at EDP Renewables North America. «NIPSCO’s commitment to saving customers money by shifting away from conventional generation and rapidly expanding renewable energy capacity is setting an example for other utilities across Indiana and beyond.»

The Jordan Creek Wind Energy Center is a 400 MW wind farm located in Benton and Warren counties, near Williamsport, Ind. A subsidiary of NextEra Energy Resources, LLC, built the facility and will be the owner and operator. The energy will serve NIPSCO customers under a 20-year power purchase agreement.

«The Jordan Creek Wind Energy Center will provide millions of dollars in additional revenue to Warren and Benton counties and will bring homegrown, renewable energy to Indiana for years to come,» said John Ketchum, president and CEO of NextEra Energy Resources, the world’s largest generator of renewable energy from the wind and the sun. «We are pleased to work with NIPSCO on this wind project, and we look forward to continue working with them to bring several solar and battery storage projects to the Hoosier state in 2022 and 2023.»

The completed wind projects were selected through a Request for Proposal (RFP) solicitation that NIPSCO ran as part of its «Your Energy, Your Future» generation transition, which was announced in its 2018 Integrated Resource Plan (IRP).

The company plans to be 100 percent coal-free by 2028 adding a combination of cleaner energy sources to its existing portfolio, which includes natural gas and hydroelectric generation. This generation transition helps deliver a more affordable, reliable and sustainable energy mix for NIPSCO customers for years to come – saving customers $4 billion over the long term.

Eight additional renewable projects are set to be included in NIPSCO’s generating portfolio, which include a combination of similar joint venture agreements and power purchase agreements. One project is currently in the construction phase, while the rest are expected to begin construction in the next year or two.

Current Project Profile List
These projects were selected following a comprehensive review of bids submitted through the all-source RFP process that NIPSCO conducted in 2018 and again in late 2019 – which continues to affirm the conclusions of the 2018 NIPSCO IRP, that wind and solar resources were shown to be lower-cost options for customers compared to other energy resource options. Projects are listed with projected in-service dates.

  • Rosewater Wind Farm – 102 MW of wind, located in White County, Ind. (Complete)
  • Jordan Creek Wind – 400 MW of wind, located in Benton and Warren counties, Ind. (Complete)
  • Indiana Crossroads Wind Farm – 300 MW of wind, located in White County, Ind. (2021)
  • Dunns Bridge Solar I – 265 MW of solar, located in Jasper County, Ind. (2022)
  • Brickyard Solar – 200 MW of solar, located in Boone County, Ind. (2022)
  • Greensboro Solar – 100 MW of solar and 30 MW of battery storage, located in Henry County, Ind. (2022)
  • Green River Solar – 200 MW of solar, located in Breckinridge and Meade counties, Ky. (2023)
  • Dunns Bridge Solar II – 435 MW of solar and 75 MW of battery storage, located in Jasper County, Ind. (2023)
  • Cavalry Solar – 200 MW of solar and 60 MW of battery storage, located in White County, Ind. (2023)
  • Gibson Solar – 280 MW of solar, located in Gibson County, Ind. (2023)

For those projects not already approved or filed, NIPSCO will request the addition of those projects to its supply portfolio in filings with the Indiana Utility Regulatory Commission (IURC).

NIPSCO expects to announce additional renewable projects in the coming months. Learn about

NIPSCO’s «Your Energy, Your Future» plans and the latest information at NIPSCO.com/future.

About NIPSCO
Northern Indiana Public Service Company LLC (NIPSCO), with headquarters in Merrillville, Indiana, has proudly served the energy needs of northern Indiana for more than 100 years. As Indiana’s largest natural gas distribution company and the second-largest electric distribution company, NIPSCO serves approximately 820,000 natural gas and 470,000 electric customers across 32 counties. NIPSCO is part of NiSource’s (NYSE: NI) six regulated utility companies. NiSource is one of the largest fully regulated utility companies in the United States, serving approximately 3.7 million natural gas and electric customers through its local Columbia Gas and NIPSCO brands. More information about NIPSCO and NiSource is available at NIPSCO.com and NiSource.com.

About NiSource
NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.2 million natural gas customers and 470,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource’s approximately 7,500 employees are focused on safely delivering reliable and affordable energy to our customers and communities we serve. NiSource is a member of the Dow Jones Sustainability – North America Index and the Bloomberg Gender Equality Index and has been named by Forbes magazine among America’s Best Large Employers since 2016. Additional information about NiSource, its investments in modern infrastructure and systems, its commitments and its local brands can be found at www.nisource.com. Follow us at www.facebook.com/nisource, www.linkedin.com/company/nisource or www.twitter.com/nisourceinc. NI-F

Forward-Looking Statements
This press release contains «forward-looking statements» within the meaning of federal securities laws. Investors and prospective investors should understand that many factors govern whether any forward-looking statement contained herein will be or can be realized. Any one of those factors could cause actual results to differ materially from those projected. These forward-looking statements include, but are not limited to, statements concerning our plans, strategies, objectives, expected performance, expenditures, recovery of expenditures through rates, stated on either a consolidated or segment basis, and any and all underlying assumptions and other statements that are other than statements of historical fact. All forward-looking statements are based on assumptions that management believes to be reasonable; however, there can be no assurance that actual results will not differ materially. Factors that could cause actual results to differ materially from the projections, forecasts, estimates and expectations discussed in this press release include among other things, our debt obligations; any changes to our credit rating or the credit rating of certain of our subsidiaries; our ability to execute our growth strategy; changes in general economic, capital and commodity market conditions; pension funding obligations; economic regulation and the impact of regulatory rate reviews; our ability to obtain expected financial or regulatory outcomes; our ability to adapt to, and manage costs related to, advances in technology; any changes in our assumptions regarding the financial implications of the Greater Lawrence Incident; compliance with the agreements entered into with the U.S. Attorney’s Office to settle the U.S. Attorney’s Office’s investigation relating to the Greater Lawrence Incident; potential incidents and other operating risks associated with our business; continuing and potential future impacts of from the COVID-19 pandemic ; our ability to obtain sufficient insurance coverage and whether such coverage will protect us against significant losses; the outcome of legal and regulatory proceedings, investigations, incidents, claims and litigation; any damage to our reputation, including in connection with the Greater Lawrence Incident; compliance with applicable laws, regulations and tariffs; compliance with environmental laws and the costs of associated liabilities; fluctuations in demand from residential, commercial and industrial customers; economic conditions of certain industries; the success of NIPSCO’s electric generation strategy; the price of energy commodities and related transportation costs; the reliability of customers and suppliers to fulfill their payment and contractual obligations; potential impairments of goodwill or definite-lived intangible assets; changes in taxation and accounting principles; the impact of an aging infrastructure; the impact of climate change; potential cyber-attacks; construction risks and natural gas costs and supply risks; extreme weather conditions; the attraction and retention of a qualified workforce; the ability of our subsidiaries to generate cash; our ability to manage new initiatives and organizational changes; the performance of third-party suppliers and service providers; changes in the method for determining LIBOR and the potential replacement of the LIBOR benchmark interest rate; and other matters in the «Risk Factors» section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as updated in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 and our subsequent SEC filings. In addition, the relative contributions to profitability by each business segment, and the assumptions underlying the forward-looking statements relating thereto, may change over time. A credit rating is not a recommendation to buy, sell or hold securities, and may be subject to revision or withdrawal at any time by the assigning rating organization. In addition, dividends are subject to board approval.

All forward-looking statements are expressly qualified in their entirety by the foregoing cautionary statements. We undertake no obligation to, and expressly disclaim any such obligation to, update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events or changes to the future results over time or otherwise, except as required by law.

 

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SOURCE NIPSCO; NiSource Inc.

Black Knight: 24% of Active Forbearance Plans Scheduled to End in March, When More than 600,000 Homeowners Face 12-Month Expirations

JACKSONVILLE, Fla., Feb. 1, 2021 /PRNewswire/ — Today, the Data & Analytics division of Black Knight,…

JACKSONVILLE, Fla., Feb. 1, 2021 /PRNewswire/ — Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based upon the company’s industry-leading mortgage, real estate and public records datasets. As the final, 12-month expiration point for many forbearance plans quickly approaches, this month’s report looks at how the slowdown in improvement in recent months may present new challenges to recovery for seriously delinquent homeowners. According to Black Knight Data & Analytics President Ben Graboske, the end of March 2021 is shaping up to be an inflection point for the industry.

«For the roughly 6.7 million Americans who have been in COVID-19 related mortgage forbearance at some point since the onset of the pandemic, the programs have represented an essential lifeline,» said Graboske. «The vast majority of plans have a 12-month cap on payment forbearance, though. And the various moratoriums which have kept foreclosure actions at bay over the past 10 months may be lulling us into a false sense of security about the scope of the post-forbearance problem we will need to confront come the end of March. Last year saw the largest number of homeowners – nearly 3.6 million – become 90 or more days past due since 2009, and as of the end of December, 2.1 million remained so.

«When nearly a quarter of all forbearance plans come to an end on March 31, at the current rate of improvement there would still be approximately 1.5 million more such serious delinquencies than before the pandemic. With that rate of improvement slowing in recent weeks, current trends suggest more than 2.5 million homeowners would still in forbearance at that point. While early in the pandemic roughly half of homeowners in forbearance continued to make their monthly mortgage payments, that number has steadily declined. Today, it’s about 12%, which suggests the people who are taking the full forbearance period afforded to them may well be experiencing prolonged financial distress, and face extended challenges as they return to making payments.»

Barring further action by the federal government, more than 600,000 seriously delinquent borrowers will reach the end of their allotted forbearance periods at the end of March. This clearly shows the industry-wide need for post-forbearance waterfalls to determine borrower need and readiness while foreclosure moratoriums are still in place. By efficiently addressing lower-risk borrowers as they exit forbearance, focus can then shift to those more in need. Robust portfolio monitoring, borrower outreach, loss mitigation and regulatory compliance will only become more important as the year progresses and the industry comes to terms with the size and scope of the post-forbearance problem. Much more detail can be found in Black Knight’s December 2020 Mortgage Monitor Report.

About the Mortgage Monitor
The Data & Analytics division of Black Knight manages the nation’s leading repository of loan-level residential mortgage data and performance information covering the majority of the overall market, including tens of millions of loans across the spectrum of credit products and more than 160 million historical records. The combined insight of the Black Knight HPI and Collateral Analytics’ home price and real estate data provides one of the most complete, accurate and timely measures of home prices available, covering 95% of U.S. residential properties down to the ZIP-code level. In addition, the company maintains one of the most robust public property records databases available, covering 99.9% of the U.S. population and households from more than 3,100 counties.

Black Knight’s research experts carefully analyze this data to produce a summary supplemented by dozens of charts and graphs that reflect trend and point-in-time observations for the monthly Mortgage Monitor Report. To review the full report, visit: https://www.blackknightinc.com/data-reports/

About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.

Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serving their customers. For more information on Black Knight, please visit www.blackknightinc.com/.

For more information:

Michelle Kersch

Mitch Cohen     

904.854.5043

704.890.8158

michelle.kersch@bkfs.com

mitch.cohen@bkfs.com

 

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SOURCE Black Knight, Inc.

RevBits lanza una plataforma de ciberinteligencia

MINEOLA, Nueva York, 1 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — RevBits anuncia la disponibilidad general de su plataforma de ciberinteligencia («CIP»), una solución integrada que fue diseñada para ofrecer a las empresas de todo el mundo una protección inigualable contra los ciberataques.

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MINEOLA, Nueva York, 1 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — RevBits anuncia la disponibilidad general de su plataforma de ciberinteligencia («CIP»), una solución integrada que fue diseñada para ofrecer a las empresas de todo el mundo una protección inigualable contra los ciberataques.

(PRNewsfoto/RevBits LLC)

Al alero de un enfoque radicalmente nuevo, RevBits CIP es la primera plataforma de ciberseguridad totalmente integrada que ofrece protección de nivel superior al compartir inteligencia de amenazas y otros datos relevantes entre diez módulos de seguridad diferentes.

«Conforme el nivel de amenaza en el ciberespacio sigue aumentando y un número alarmantemente creciente de empresas son hackeadas, se hace evidente que implementar y administrar múltiples soluciones independientes no es eficiente ni efectivo», afirmó David Schiffer, director ejecutivo. «Al igual que con la mayoría de los recursos corporativos, los equipos de seguridad siempre tendrán una capacidad limitada. Poder brindarles una única plataforma integrada de manera innovadora dará gran impulso a su productividad. Se puede ahorrar tiempo y dinero al gestionar diferentes herramientas y entornos, mientras que el intercambio de información pertinente sobre amenazas permite intervenciones mucho más rápidas y proactivas».

RevBits CIP consta de los siguientes módulos:

  • Seguridad de correo electrónico
  • Seguridad de terminal
  • Detección avanzada de exploits
  • EDR
  • Tecnología del engaño
  • Administración de acceso privilegiado
  • Administración de sesiones privilegiadas
  • Administración de contraseñas
  • Administración de claves
  • Gestión de certificados

«Con base en una arquitectura única y tecnologías patentadas, cada módulo de RevBits ha sido desarrollado para ofrecer la mejor protección de su categoría», afirmó Mucteba Celik, director de operaciones. «Al combinar estos módulos en RevBits CIP, ahora podemos ofrecer a nuestros clientes una visión centralizada de su ciberseguridad que les permitirá tomar medidas inmediatas, con una fluida navegación entre módulos. Esta es una capacidad realmente única en el disperso panorama actual en materia de softwares de ciberseguridad».

Para obtener más información acerca de la plataforma de ciberinteligencia de RevBits, visite www.revbits.com

Contacto: Neal Hesterberg, neal.hesterberg@revbits.com

Acerca de RevBits

Fundada en 2018, RevBits es una innovadora empresa de ciberseguridad que se dedica a ofrecer a sus clientes protección de nivel superior basada en conocimiento especializado. RevBits tiene su sede en Mineola (Nueva York), y oficinas en Princeton (Nueva Jersey), Boston (Massachusetts) y Antwerp (Bélgica). Para obtener más información acerca de RevBits, visite www.revbits.com/aboutrevbits.

Logotipo: https://mma.prnewswire.com/media/1222447/revbits_logo__002.jpg

 

FUENTE RevBits LLC

2022 MDX Asserts its Role as the Flagship of the Acura Brand in New Launch Campaign

TORRANCE, Calif., Feb. 1, 2021 /PRNewswire/ — In advance of arriving at dealerships Feb. 2, Acura’s all-new 2022 MDX launch campaign (<a target="_blank"…

TORRANCE, Calif., Feb. 1, 2021 /PRNewswire/ — In advance of arriving at dealerships Feb. 2, Acura’s all-new 2022 MDX launch campaign (acura.us/mdxlaunchcampaign) demonstrates how Acura’s long-time racing and sports car success is powering the fourth-generation SUV to its new role as the flagship of the brand.

Set to the soundtrack of Queen’s «Tear It Up,» the new Acura campaign highlights key components of the all-new MDX, including its bold and athletic exterior design along with a new, sophisticated and elegant interior featuring the most high-tech and advanced cockpit in the brand’s history. MDX performance is underpinned by a first-ever double-wishbone front suspension applied to its all-new, ultra-rigid platform, featured in an accompanying spot (acura.us/mdxperformance) that also demonstrates MDX’s towing capability. Full 2022 MDX information is available here.

The integrated campaign takes viewers on an exciting trip through Acura’s pinnacle vehicles and racecars to highlight that MDX shares the «same DNA» as the original 1991 NSX, 2001 Integra Type R and the 2021 NSX. Acura’s racing heritage is reflected with the Comptech Spice Acura GTP Lights racecar that Parker Johnstone drove to three consecutive IMSA Camel Lights Driver’s Championships from 1991 to 1993, along with an appearance by the back-to-back IMSA Championship-winning NSX GT3 Evo.

The campaign was developed in collaboration with agency of record MullenLowe LA, and will be featured across broadcast, digital and social media. Key national broadcast highlights include cable and live sports – NBA, NCAA and March Madness match-ups. The 2022 MDX campaign will also be featured on streaming platforms with :30 and :15 versions of the TV creative, along with :06 versions featured across social media. Acura’s MDX spots will also run in Spanish and Chinese-language.

     Other key campaign components include:

  • «Origin Story,» a social media activation launching next month on Acura’s social channels with a series of videos that dive further into the «same DNA» performance and innovation story that led to MDX.
  • «Working Mom,» a dedicated Spanish-language :30 TV spot, that will run across national Hispanic networks including Telemundo and Univision, showcasing the duality of the 2022 MDX as a high-performance and ultramodern family SUV to reach Hispanic audiences.
  • High-impact digital editorial partnerships with Travel + Leisure, Conde Nast, Martini, as well as Hispanic outlets such as People en Español and Mama’s Latina.
  • Integration of high-impact digital media to reach key Chinese audiences, working with niche publishers such as Asian Media Group.

About Acura

Acura is a leading automotive nameplate that delivers Precision Crafted Performance – a commitment to expressive styling, high performance and innovative engineering, all built on a foundation of quality and reliability. The Acura lineup features five distinctive models – the ILX and TLX sport sedans, the RDX and MDX sport-utility vehicles and the next-generation, electrified NSX supercar. All Acura models sold in North America for the 2021 model year are made in the U.S., using domestic and globally sourced parts.

Additional media information including pricing, features & specifications and high-resolution photography is available at AcuraNews.com. Consumer information is available at Acura.com.

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SOURCE Acura

Un plan para eliminar la pobreza de todos los jubilados

GLASSBORO, Nueva Jersey, 1 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Ric Edelman, un distinguido profesor de la Universidad Rowan y uno de los más aclamados asesores financieros del país, lanzó hoy una propuesta que busca eliminar la pobreza en la jubilación para todas las futuras generaciones de estadounidenses.

Llamada <a target="_blank"…

GLASSBORO, Nueva Jersey, 1 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Ric Edelman, un distinguido profesor de la Universidad Rowan y uno de los más aclamados asesores financieros del país, lanzó hoy una propuesta que busca eliminar la pobreza en la jubilación para todas las futuras generaciones de estadounidenses.

Llamada RISE (Retirement Income Security for Everyone, «Seguridad de ingreso de jubilación para todos»), la propuesta de Edelman es completa y permanentemente autofinanciada, sin necesidad de apoyo financiero por parte del congreso o de los contribuyentes. En lugar de esto, el Departamento del Tesoro de los Estados Unidos vendería un bono de ahorro RISE por cada bebé nacido en Estados Unidos cada año. El dinero sería administrado según determinación del congreso.

Bajo la propuesta de Edelman, cada bono RISE de $5,884 sería redimido en 20 años, al igual que los demás bonos de ahorro de los Estados Unidos. Las redenciones y los gastos administrativos del programa serían financiados por el programa mismo, por lo que no existiría costo alguno para el gobierno ni para los contribuyentes.

Dentro de 70 años, cada bebé actual que para entonces ya estaría jubilado, comenzaría a recibir un ingreso mensual hasta la edad de 100 años. Cada bebé recibiría un ingreso suficiente como para ubicarse en el nivel promedio de ingreso de todos los hogares de Estados Unidos. Todos los niños recibirían beneficios del programa RISE, y aquellos nacidos en hogares de menores ingresos recibirían más que los nacidos en hogares de mayores ingresos.

«RISE elimina la pobreza en la jubilación para todas las generaciones futuras de estadounidenses», señaló Edelman, quien fundó Edelman Financial Engines, la firma independiente de planificación financiera y gestión de inversiones más grande del país, que administra $260,000 millones para 1.2 millones de familias estadounidenses. Múltiples publicaciones de la industria se han referido a Edelman como uno de los líderes de opinión más influyentes del campo de los servicios financieros, y ha sido nombrado el Asesor Financiero Independiente no. 1 (Independent Financial Advisor #1) tres veces por Barron’s.

«La clave de RISE es siete décadas de crecimiento compuesto», señaló Edelman. Señaló que solamente una persona, Benjamin Franklin, aplicó el principio de capitalización a períodos tan extensos.

«Benjamin Franklin aportó dinero a las ciudades de Boston y Filadelfia», dijo Edelman, «con la estipulación de que no tocaran el dinero durante 100 años. Su predicción generó un enorme apoyo financiero a ambas ciudades». Edelman escribió acerca de la voluntad de Benjamin Franklin para ilustrar la manera en que las pequeñas donaciones pueden llegar a valer muchos millones de dólares después de muchas décadas de crecimiento.

«Un financiamiento único de $5,884 al momento del nacimiento es suficiente para dar a cada jubilado un ingreso anual de $120,000 comenzando a la edad de 70 años», dijo Edelman. En contraste, el trabajador promedio gastará más de $420,000 contribuyendo a un plan 401(k) y al seguro social, pero recibirá un ingreso menor en su jubilación de lo que ofrece RISE, señala.

«Eso es porque los trabajadores solamente ahorran durante tres o cuatro décadas. Al permitir que el dinero crezca durante siete décadas, el programa RISE libera el verdadero poder a largo plazo de la capitalización», señaló Edelman.

Millones de jubilados llegan al momento de su jubilación con ahorros insuficientes porque no ganan suficiente dinero como para ahorrar, dijo. Desde 1970, los ingresos del 5 % superior de los hogares han crecido a más del doble, mientras que los ingresos del quinto inferior de los hogares disminuyeron un 15 %, según el Pew Research Center.1 En consecuencia, las familias de ingresos más altos en 2016 tenía 75 veces más riqueza que las familias de ingresos más bajos, en comparación con 28 veces en 1983.

«RISE es un importante plan para complementar el seguro social para las futuras generaciones, con el fin de garantizar jubilaciones seguras y protegidas, especialmente para los estadounidenses de bajos ingresos, al comenzar a financiar la jubilación al momento del nacimiento», dijo James Lockhart III, excomisionado adjunto y director de operaciones de la Administración de Seguridad Social. «El mecanismo de financiamiento es un enfoque muy innovador que debiese ser explorado».

«Esto es algo que les debemos a los más jóvenes; proporcionar caminos hacia la seguridad financiera en la vejez, y RISE representa exactamente el tipo de pensamiento innovador que necesitamos», dijo Laura L. Carstensen, Ph.D.,
profesora de Políticas Públicas de Fairleigh S. Dickinson Jr. y directora del Centro de Longevidad de la Universidad de Stanford.

«Este es el momento para las grandes ideas», dijo Paul Irving, director del Centro para el Futuro del Envejecimiento del Instituto Milken. «RISE es un plan audaz que busca garantizar que todos los niños estadounidenses puedan gozar de una jubilación financieramente segura. El programa RISE ofrece la oportunidad de reducir las brechas y cambiar el futuro financiero de las futuras generaciones estadounidenses».

«Esta propuesta innovadora orientada a ayudar a reducir la pobreza y la desigualdad en los ingresos en los EE. UU. puede ser elegantemente implementada para beneficiar a la sociedad en general», comentó Ihsan Isik, Ph.D., profesor de banca y finanzas internacionales en la Escuela de Negocios William G. Rohrer de la Universidad Rowan.

Jason Grumet, fundador y presidente del Centro de Políticas Bipartidistas, indicó: «A medida que el país se enfrenta al doble desafío de la seguridad y la desigualdad en la jubilación, se necesitan ideas innovadoras como la que propone RISE para abordar la seguridad de la jubilación para todos».

RISE es una forma permanente y completamente autofinanciada de garantizar que todas las generaciones futuras de estadounidenses puedan disfrutar de una jubilación financieramente segura.

Lea la propuesta y las Preguntas Frecuentes (FAQs) en www.WeCanRise.com.

1https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/

 

FUENTE Rowan University