Milliman analysis: Competitive pricing rate for pension risk transfer costs drops to 99.1% in December, setting another record low

SEATTLE, Jan. 28, 2021 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.

During December, the average estimated cost to transfer retiree pension risk to an insurer…

SEATTLE, Jan. 28, 2021 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.

During December, the average estimated cost to transfer retiree pension risk to an insurer remained flat, at 101.8% of a plan’s total liabilities. This means the average estimated retiree PRT cost for the month is now 1.8% more than those plans’ retiree accumulated benefit obligation (ABO). Annuity purchase costs reflecting competition amongst insurers once again hit a record-low, dropping from 99.4% in November to 99.1% in December. This is the second time competitive rates have dipped below 100% since Milliman began tracking the MPBI.

«Pension risk transfer activity for 2020 ended on strong note, given the slow start at the beginning of the year,» says Mary Leong, a consulting actuary with Milliman and co-author of the study. «Low pricing rates may have spurred buyouts in Q4, but we’ll see if the trend continues into 2021.»

The MPBI uses the FTSE Above Median AA Curve, along with annuity purchase composite interest rates from eight insurers, to estimate the average and competitive costs of a PRT annuity de-risking strategy. Individual plan annuity buyouts can vary based on plan size, complexity, and competitive landscape.

To view the complete Milliman Pension Buyout Index, go to https://www.milliman.com/mpbi.  

About Milliman
Milliman is among the world’s largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.  For further information, visit milliman.com.

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SOURCE Milliman, Inc.

SimpliPhi Power Announces the IDEA: Committing 1% of Annual Revenue Every Year to High Impact Projects to Deliver Energy Access

OXNARD, Calif., Jan. 28, 2021 /PRNewswire/ — SimpliPhi Power («SimpliPhi») has launched the IDEA: a campaign to Deliver Energy Access. The IDEA is a powerful global commitment focused on developing high impact, sustainable energy projects with a network of partners to address climate change and empower communities with renewable energy. Since its founding ten years ago, SimpliPhi has committed to the IDEA of providing 1% of annual revenue to people and communities in need of access to clean energy…

OXNARD, Calif., Jan. 28, 2021 /PRNewswire/ — SimpliPhi Power («SimpliPhi») has launched the IDEA: a campaign to Deliver Energy Access. The IDEA is a powerful global commitment focused on developing high impact, sustainable energy projects with a network of partners to address climate change and empower communities with renewable energy. Since its founding ten years ago, SimpliPhi has committed to the IDEA of providing 1% of annual revenue to people and communities in need of access to clean energy and is now inviting other companies and organizations to join the movement and commit – as collaborative supporters or beneficiaries.

«At SimpliPhi Power, we believe that access to clean and affordable energy is fundamental to economic growth, social equity and environmental responsibility – and building our collective future globally,» said Catherine Von Burg, CEO and president of SimpliPhi Power. «That is why we are sharing this IDEA:  Deliver Energy Access to the world as we transition to a carbon-free economy. We can marshal our collective resources and industry expertise in the energy sector to focus on high impact projects that improve lives and foster resilient communities. Companies are invited to join us and take action by leveraging a small portion of their revenue to advance the mission of delivering sustainable power to communities in need, helping achieve economic security and energy independence in territories hit hardest by climate disasters, COVID and financial hardship. Community-based nonprofits and developers can also submit project proposals for consideration of support. With a network of committed partners, the IDEA addresses two of the most significant challenges we face today – sustainable electrification for communities and mitigating the worst impacts of climate change.»

SimpliPhi is a member of the United Nation’s Global Compact, a UN-sponsored network of companies committed to fulfilling the UN’s Sustainable Development Goals (SDGs) by 2030, and a member of the Unreasonable Impact Group. The 17 UN SDGs address the major social and environmental issues of our times, and three of those goals are directly related to the IDEA: #7 – delivering affordable and clean energy; #9 – driving sustainable industry, innovation and infrastructure; and #17 – fostering partnerships that benefit global communities.

«The IDEA provides valuable resources directly to communities that need it most – project development, technical expertise, renewable energy equipment, and financial support,» continued Von Burg. «The IDEA’s objectives are applicable to people everywhere – the lack of access to reliable, clean power and the catastrophic impacts of climate change are all around us. From delivering emergency power to electrifying communities for the first time, enabling renewables to increasing resilience, the IDEA’s bold mission benefits communities around the globe, drives sustainable economic growth, and mitigates the impacts of climate change.»

Combining Purpose with Profit

The clean energy sector, and in particular the energy storage industry, has experienced rapid growth in recent years. Burgeoning demand for resilient, sustainable energy is pushing companies from being small startups to becoming dominant market forces in the global energy transition. SimpliPhi Power has demonstrated that companies can thrive in this industry while also committing resources to the betterment of the planet and society – and the IDEA is a way for the energy industry to collaborate and significantly expand its reach and impact.

«Our continued success and rapid growth are a testament to the IDEA that companies can combine purpose with profit,» said David Shea, Chief Financial Officer for SimpliPhi Power. «We operate our company based on an integrated bottom line, that values people and planet as being intrinsically tied to our financial success. The IDEA is a natural extension of our company’s mission. Committing 1% of our annual revenue, combined with additional donations and support from IDEA partners, enables us to amplify our collective impact, without having a material effect on profitability or business operations. We encourage other mission-driven companies and like-minded organizations to join us in this endeavor, become part of the IDEA, and drive positive change in our global community.»

Joining the IDEA

In order to achieve its ambitious goals, SimpliPhi Power has built a network of nonprofit partners and corporate backers for the IDEA. Current partners include Footprint Project, Empowered by Light, It’s Time Foundation, Grid Alternatives and other highly vetted organizations who are serving communities through beneficial electrification projects worldwide.

IDEA corporate partners have included companies such as Schneider Electric, which has made in-kind contributions by donating its balance of system equipment to complete energy storage and renewable microgrid projects. Companies of all types can participate in the IDEA by providing in-kind support, financial assistance for project completion, or by committing themselves to allocate 1% of revenue to support delivering energy access.

Nonprofit and community-based organizations, sustainable development groups and project developers can respond to the public Request for Proposals that SimpliPhi hosts on its website at https://www.SimpliPhiPower.com/IDEA to submit projects for consideration.

Potential projects are evaluated based on their overall impact and benefit to communities and the surrounding environment, and those selected can tap into the expertise of the entire IDEA network for guidance and support. Submissions for the next IDEA round are due February 28, 2021, with finalists selected by the end of March 2021.

Companies interested in joining or supporting the IDEA can contact SimpliPhi Power at IDEA@SimpliPhiPower.com

About SimpliPhi Power

With a mission to create universal access to safe, reliable, and affordable energy, SimpliPhi Power designs and manufactures efficient, non-toxic, and enduring energy storage and management systems that utilize environmentally benign lithium ferro phosphate (LFP) battery chemistry. Based in Oxnard, California, SimpliPhi combines the non-hazardous LFP energy storage chemistry with its proprietary cell and battery architecture, power electronics, battery management system (BMS) and manufacturing processes to create safe, reliable, durable, and highly scalable on-demand power solutions for residential, commercial, industrial, and government sectors.

For more information, visit www.simpliphipower.com

Contact: Matt Roberts
MatthewR@SimpliPhiPower.com
+1 (805) 640-6700 ext. 418

 

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SOURCE SimpliPhi Power

Worldwide Wind Farms Database 2021: Onshore (Under Construction, Operational) & Offshore (Planned, Approved, Under Construction, Operational)

DUBLIN, Jan. 28, 2021 /PRNewswire/ — The «Worldwide Wind Farms Database» database has been added to…

DUBLIN, Jan. 28, 2021 /PRNewswire/ — The «Worldwide Wind Farms Database» database has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

This product is a database of wind farms in the World.

It includes 32129 entries (in 127 countries) and represents 536,2 GW onshore and 328,1 GW offshore.

Detailed breakdown:

Onshore market:

  • Under construction: 358 entries (25 GW)
  • Operational: 28830 entries (511,3 GW)

Offshore market:

  • Planned: 481 entries (204,5 GW)
  • Approved: 189 entries (71,6 GW)
  • Under construction: 60 entries (20,5 GW)
  • Operational: 211 entries (31,5 GW)

Provided Content:

Location

  • Country
  • Zone/District
  • City
  • WGS84 coordinates

Turbines

  • Manufacturer
  • Turbine Model
  • Hub Height
  • Number of turbines
  • Total Power

Players

  • Developer
  • Operator
  • Owner

Status Data

  • Status
  • Commissioning Date

Countries Covered

  • Albania
  • Algeria
  • Argentina
  • Armenia
  • Australia
  • Austria
  • Azerbaijan
  • Bahrain
  • Bangladesh
  • Belarus
  • Belgium
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Brazil
  • Bulgaria
  • Cambodia
  • Canada
  • Cape Verde
  • Chad
  • Chile
  • China
  • Colombia
  • Costa Rica
  • Croatia
  • Cuba
  • Curacao
  • Cyprus
  • Czech Republic
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Eritrea
  • Estonia
  • Ethiopia
  • Faroe Islands
  • Fiji
  • Finland
  • France
  • Gambia
  • Georgia
  • Germany
  • Greece
  • Grenada
  • Guam
  • Guatemala
  • Guyana
  • Honduras
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iran
  • Ireland
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jordan
  • Kazakhstan
  • Kenya
  • Kosovo
  • Kuwait
  • Latvia
  • Libya
  • Lithuania
  • Luxembourg
  • Mauritania
  • Mauritius
  • Mexico
  • Micronesia
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Namibia
  • Netherlands
  • New-Zealand
  • Nicaragua
  • Nigeria
  • North Macedonia
  • Norway
  • Oman
  • Pakistan
  • Panama
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Romania
  • Russia
  • Saint Kitts and Nevis
  • Samoa
  • Saudi Arabia
  • Senegal
  • Serbia
  • Seychelles
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • Sweden
  • Switzerland
  • Syria
  • Taiwan
  • Tanzania
  • Thailand
  • Tunisia
  • Turkey
  • USA
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United-Kingdom
  • Uruguay
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam

For more information about this database visit https://www.researchandmarkets.com/r/35fq5f

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
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Fax (outside U.S.): +353-1-481-1716

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SOURCE Research and Markets

FIBRA Prologis Declara Distribución del Trimestre

CIUDAD DE MÉXICO, 28 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL 14) uno de los fideicomisos de inversión en bienes raíces líder en inversión y administración de inmuebles logísticos clase A en México, declaró hoy, una distribución en efectivo de Ps. 375.5 millones (US$ 18.6 millones), o Ps. 0.4422 por Certificado Bursátil Fiduciario Inmobiliario (CBFI) (US$ 0.0219 por CBFI), en relación a los resultados del trimestre terminado el 31 de diciembre de 2020….

CIUDAD DE MÉXICO, 28 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL 14) uno de los fideicomisos de inversión en bienes raíces líder en inversión y administración de inmuebles logísticos clase A en México, declaró hoy, una distribución en efectivo de Ps. 375.5 millones (US$ 18.6 millones), o Ps. 0.4422 por Certificado Bursátil Fiduciario Inmobiliario (CBFI) (US$ 0.0219 por CBFI), en relación a los resultados del trimestre terminado el 31 de diciembre de 2020.

La distribución será pagada el 11 de febrero, para cumplir con los requisitos fiscales bajo las reglas de las FIBRAS, con fecha exderecho del 9 de febrero y fecha de registro del 10 de febrero.

Esta distribución proviene de utilidad fiscal.

PERFIL DE FIBRA PROLOGIS

FIBRA Prologis es uno de los fideicomisos de inversión en bienes raíces líder en inversión y administración de inmuebles industriales clase A en México. Al 31 de diciembre de 2020, FIBRA Prologis consistía de 205 inmuebles destinados a logística y manufactura ubicados en seis mercados industriales en México, con una Área Rentable Bruta total de 40.2 millones de pies cuadrados (3.7 millones de metros cuadrados).

DECLARACIONES SOBRE HECHOS FUTUROS

Este comunicado contiene algunas declaraciones sobre hechos futuros. Dichas declaraciones están basadas en expectativas actuales, estimaciones y proyecciones de la industria y los mercados en los cuales FIBRA Prologis opera, así como en creencias y suposiciones derivadas del Administrador de FIBRA Prologis. Dichas declaraciones implican incertidumbres que pudieren llegar afectar significativamente los resultados financieros de FIBRA Prologis. Palabras como «espera», «anticipa», «intenta», «planea», «cree», «busca», «estima» o variaciones de las mismas y expresiones similares tienen la intención de identificar dichas declaraciones sobre hechos futuros, que por lo general no son de naturaleza histórica. Todas las declaraciones en relación con el rendimiento operacional, eventos o desarrollos que esperamos o anticipamos que ocurran en el futuro, incluyendo, declaraciones relacionadas con renta y crecimiento ocupacional, actividades de desarrollo y cambios en las ventas o en el volumen de propiedades a ser aportadas, enajenaciones, condiciones generales en las áreas geográficas en las que operamos, y nuestra deuda y posición financiera, serán consideradas declaraciones sobre hechos futuros. Estas declaraciones no garantizan un rendimiento futuro e implican ciertos riesgos, incertidumbres y supuestos que son difíciles de predecir. No obstante que creemos que las estimaciones contenidas en cualquier declaración sobre hechos futuros están basadas en suposiciones razonables, no podemos asegurar que nuestras expectativas se cumplirán y por lo tanto los resultados reales podrían diferir materialmente de lo expresado o previsto en dicha declaración. Algunos de los factores que pudieren llegar afectar dichas resultados incluyen, pero no se limitan, a: (i) la situación económica internacional, regional y local, (ii) los cambios en los mercados financieros, tasas de interés y tipos de cambio de moneda extranjera, (iii) aumento en, o surgimiento de, competencia respecto de nuestras propiedades, (iv) los riesgos asociados con adquisiciones, enajenación y desarrollo de propiedades, (v) el mantenimiento del régimen y estructura fiscal de un fideicomiso de inversión en bienes raíces, (vi) la disponibilidad de financiamiento y capital, los niveles de endeudamiento que mantengamos y nuestras calificaciones, (vii) los riesgos relacionados con nuestras inversiones, (viii) incertidumbres ambientales, incluyendo los riesgos de desastres naturales, y (ix) los factores de riesgo adicionales discutidos en los comunicados, informes, reportes, prospectos y suplementos presentados ante la Comisión Nacional Bancaria y de Valores y la Bolsa Mexicana de Valores, S.A.B. de C.V., por FIBRA Prologis, bajo el rubro «Factores de Riesgo». Ni Prologis ni FIBRA Prologis asumen obligación alguna de actualizar las declaraciones sobre hechos futuros que aparecen en este comunicado.

FIBRA Prologis.

Logo – https://mma.prnewswire.com/media/124469/fibra_prologis_logo.jpg  

FUENTE FIBRA Prologis

FIBRA Prologis Declares Quarterly Distribution

MEXICO CITY, Jan. 28, 2021 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today declared a cash distribution of Ps. 375.5 million (US$ 18.6 million), or Ps. 0.4422 per Certificado Bursátil Fiduciario Inmobiliario («CBFI») (US$ 0.0219 per CBFI) related to the results of the quarter ending <span…

MEXICO CITY, Jan. 28, 2021 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today declared a cash distribution of Ps. 375.5 million (US$ 18.6 million), or Ps. 0.4422 per Certificado Bursátil Fiduciario Inmobiliario («CBFI») (US$ 0.0219 per CBFI) related to the results of the quarter ending December 31, 2020.

The distribution is payable February 11, to CBFI holders with an ex-dividend date of February 9, and a record date of February 10.

This distribution is derived from taxable profit.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2020, FIBRA Prologis was comprised of 205 logistics and manufacturing facilities in six industrial markets in Mexico totaling 40.2 million square feet (3.7 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as «expects,» «anticipates,» «intends,» «plans,» «believes,» «seeks,» «estimates,» variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust («FIBRA») status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the «Comisión Nacional Bancaria y de Valores» and  the Mexican Stock Exchange by FIBRA Prologis under the heading «Risk Factors.» FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

FIBRA Prologis.

Logo – https://mma.prnewswire.com/media/124469/fibra_prologis_logo.jpg  

SOURCE FIBRA Prologis

SolarFi Privé Pods to provide outdoor dining at Eataly NYC Flatiron

NEW YORK, Jan. 28, 2021 /PRNewswire/ — Winter in NYC never looked so cozy! SolarFi brings its luxuriously heated, patent-pending, solar-powered Privé pods to Eataly’s Baita Italian pop-up restaurant, which has returned to the Flatiron district on Fifth Ave and 23rd Street. An alpine-inspired dining experience, Baita will offer guests the ambiance of a classic ski resort with a new food and drink menu inspired by these cozy Italian chalets.

<div…

NEW YORK, Jan. 28, 2021 /PRNewswire/ — Winter in NYC never looked so cozy! SolarFi brings its luxuriously heated, patent-pending, solar-powered Privé pods to Eataly’s Baita Italian pop-up restaurant, which has returned to the Flatiron district on Fifth Ave and 23rd Street. An alpine-inspired dining experience, Baita will offer guests the ambiance of a classic ski resort with a new food and drink menu inspired by these cozy Italian chalets.

«We are honored to be selected by Eataly and work with a world-class brand. I want to thank Adele Parodi and the Eataly team. I’m impressed with Eataly’s commitment to creating a healthy, blissful outdoor dining experience that promotes sustainability and innovation,» says Antonio Dixon, co-founder of SolarFi.

Equipped with independent heating, Bluetooth-enabled speakers, and medical-grade HEPA air filters, Privé pods meet the intersection of elegance and sustainability. «One of the core pillars of Eataly is to be conscious about the environment in everything we do, from sourcing producers to the partners we collaborate with. For this reason, we have chosen SolarFi for the realization of our new outdoor restaurant Baita. Their pods are solar powered, and sustainability is a key concept of their business,» says Marco Oppedisano, Store Director of Eataly NYC Flatiron.

Restaurants and hotels nationwide can take similar advantage of Privé pods as a resource for expanding outdoor dining space, providing a safe and enclosed environment for patrons and allowing diners to feel comfortable during a time of uneasiness. The pods range in size, from six feet by four feet to sixteen by eight feet, and can accommodate up to 12 people. They are suitable for a wide range of uses, from backyards to public parks and private dining to larger events.

About SolarFi

SolarFi’s Privé was inspired out of the MIT poverty reduction lab. SolarFi is a Northeast clean tech company incubated out of Greentown Labs in Boston, MA, and New York’s Capital region.  All Privé pods are made in New York and Massachusetts. Experience the magic of Privé pods at www.solar-fi.com.

About Eataly NYC Flatiron:

Focused on providing high quality, sustainable products for all, Eataly is the largest Italian retail and dining experience in the world, transforming the way consumers experience food, beverage and culture. To learn more about Eataly please visit www.Eataly.com.

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SOURCE SolarFi

ALYI Highlights Initiative To Democratize Decarbonization

DALLAS, Jan. 28, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today highlighted Robert Downey Jr.’s new fund to democratize decarbonization featured in a TechCrunch article yesterday at the same time ALYI published further insight into its own cryptocurrency backed, democratized electric vehicle ecosystem strategy and anticipated ecosystem partner collaborations.

«Seeing Ironman’s name behind a democratized investment strategy targeting enterprises…

DALLAS, Jan. 28, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today highlighted Robert Downey Jr.’s new fund to democratize decarbonization featured in a TechCrunch article yesterday at the same time ALYI published further insight into its own cryptocurrency backed, democratized electric vehicle ecosystem strategy and anticipated ecosystem partner collaborations.

«Seeing Ironman’s name behind a democratized investment strategy targeting enterprises focused on environmental sustainability is certainly an encouraging validation of Alternets’ democratized electric vehicle ecosystem strategy,» said Randell Torno, Alternet Systems CEO.

From the TechCrunch Article:

«With the new rolling fund, managed through AngelList, Downey Jr.’s initiative sits the intersection of two of the biggest ideas reshaping the world economy — the democratization of access to capital and investment vehicles and the $10 trillion opportunity to decarbonize global industry

See the full TechCrunch Article:

Robert Downey Jr. is launching a new ‘rolling’ venture fund to back sustainability startups

ALYI’s Revolt Electric Motorcycle is only a small part of the company’s comprehensive strategy to build a far-reaching electric vehicle ecosystem. 

The success of any electric vehicle will depend on the simultaneous availability of an entire network of solutions necessary to support the electric vehicle. 

For example, the electric vehicle support network ranges from the availability of power, to charging stations where power can be accessed, to long-range batteries to make electric vehicles efficient modes of transportation, to connectivity so software updates for motor synchronization and battery optimization applications can be continuously updated along with other electric vehicle user support applications.

This list represents only a handful of the network nodes that must be available within the electric vehicle ecosystem to insure the viability of any electric vehicle as a dependable mode of transportation.  The most important ecosystem component is a continuous design and integration function.

Clean Future

 Clean Future

The electric vehicle ecosystem is being discussed by virtually everyone in the electric vehicle industry to include General Motors, Tesla and even Deloitte.

While the rest of the industry discusses the electric vehicle ecosystem necessary to support their electric vehicle strategy, ALYI is focused primarily on its electric vehicle ecosystem strategy out of which electric vehicles will be just one component.  We like to think we’ve got the horse before the cart.

We have focused our efforts on the cleanest transportation slate possible.  ALYI is building its electric vehicle ecosystem in a region with one of the lowest per capita transportation ratios in the world, Sub Saharan Africa.  That is not to say that our electric vehicle ecosystem innovations will not be applicable all over the world.

ALYI has seeded its electric vehicle ecosystem strategy with the Revolt Electric Motorcycle.  Now ALYI has launched an effort to build partnerships to establish collaborators in ALYI’s electric vehicle ecosystem where each collaborator brings specific, industry leading expertise.

To both attract industry leading collaboration talent and provide an opportunity to prove their innovations, ALYI is launching an annual electric vehicle race in partnership with a brand name racing organization.  The annual race event will be hosted simultaneously with an electric mobility symposium and expo.

ALYI is setting itself apart from the rest of the electric vehicle industry not only through its horse before the cart electric vehicle ecosystem strategy, but also through its commitment to democratize the electric vehicle ecosystem.

RevoltTOKEN.com

 RevoltTOKEN.com

ALYI’s financing partner and electric vehicle ecosystem collaborator, RevoltTOKEN, has already provided key funding to advance ALYI’s business plan to its current stage.  RevoltTOKEN plans to democratize the ALYI electric vehicle ecosystem through the introduction of a dedicated cryptocurrency that will offer holders a participation opportunity in the ecosystem.  RevoltTOKEN, the business entity, plans to offer RevoltTOKENs, a cryptocurrency, through an Initial Coin Offering (ICO).

Next week, we plan to publish a more detailed presentation on our comprehensive electric vehicle ecosystem strategy.  Starting now, we anticipate beginning to announce electric vehicle collaboration partnerships.

For more information and to stay up to date on ALYI’s overall latest developments, please visit www.alternetsystemsinc.com.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297

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SOURCE Alternet Systems, Inc.

FIBRA Prologis Declares Quarterly Distribution

MEXICO CITY, Jan. 28, 2021 /PRNewswire/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today declared a cash distribution of Ps. 375.5 million (US$ 18.6 million), or Ps. 0.4422 per Certificado Bursátil Fiduciario Inmobiliario («CBFI») (US$ 0.0219 per CBFI) related to the results of the quarter ending December 31,…

MEXICO CITY, Jan. 28, 2021 /PRNewswire/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today declared a cash distribution of Ps. 375.5 million (US$ 18.6 million), or Ps. 0.4422 per Certificado Bursátil Fiduciario Inmobiliario («CBFI») (US$ 0.0219 per CBFI) related to the results of the quarter ending December 31, 2020.

The distribution is payable February 11, to CBFI holders with an ex-dividend date of February 9, and a record date of February 10.

This distribution is derived from taxable profit.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2020, FIBRA Prologis was comprised of 205 logistics and manufacturing facilities in six industrial markets in Mexico totaling 40.2 million square feet (3.7 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as «expects,» «anticipates,» «intends,» «plans,» «believes,» «seeks,» «estimates,» variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust («FIBRA») status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the «Comisión Nacional Bancaria y de Valores» and  the Mexican Stock Exchange by FIBRA Prologis under the heading «Risk Factors.» FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

FIBRA Prologis. (PRNewsFoto/FIBRA Prologis)

 

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SOURCE FIBRA Prologis

Caesars Entertainment is Nationally Recognized for Corporate Social Responsibility and Climate Action Leadership

LAS VEGAS, Jan. 28, 2021 /PRNewswire/ — Caesars Entertainment, Inc. («Caesars Entertainment,» «Caesars» or the «Company»), the largest gaming and entertainment company in the U.S., today shares prestigious recognition for its leadership and efforts in corporate social responsibility. In an unprecedented year with many setbacks, Caesars Entertainment met the challenges of 2020 with determination and proudly provided support to its Team Members and communities it serves.

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LAS VEGAS, Jan. 28, 2021 /PRNewswire/ — Caesars Entertainment, Inc. («Caesars Entertainment,» «Caesars» or the «Company»), the largest gaming and entertainment company in the U.S., today shares prestigious recognition for its leadership and efforts in corporate social responsibility. In an unprecedented year with many setbacks, Caesars Entertainment met the challenges of 2020 with determination and proudly provided support to its Team Members and communities it serves.

«We often talk about the power our incredible Team Members have to create guest experiences that drive our lasting successes at Caesars Entertainment,» said Tom Reeg, CEO of Caesars Entertainment, Inc. «That same power is amplified in their commitment not just to guests, partners and the environment, but to each other and to the communities in which we live and work. It’s through the steadfast work, compassion and generosity of dedicated Caesars Team Members that we can make a positive impact that continues to grow each year.»

Rising 42 slots from the previous year, Caesars now ranks No. 104 on Newsweek‘s list of «America’s Most Responsible Companies,» occupying the top spot in the Entertainment, Leisure and Dining category. Determined by publicly available environmental, social and corporate governance (ESG) data and survey feedback from 7,500 Americans, Newsweek recognizes Caesars out of a pool of over 2,000 of the country’s largest revenue-generating corporations.    

Awarded for leadership in corporate sustainability by global environmental non-profit CDP, Caesars secures two places on the «A-List» for tackling climate change, as well as addressing water security. As one of a small number of companies that achieved a double «A,» Caesars’ score is based on data submitted to CDP in 2020 and acknowledges the Company’s commitment to significantly reduce Scope 1 and 2 emissions and water consumption across all destinations throughout the country.

Additionally, Caesars today received a perfect 100% score from the Human Rights Campaign Foundations Corporate Equality Index for the 14th consecutive year. Designating Caesars as a «Best Place to Work for LGBTQ Equality,» the index is a national benchmarking tool on corporate policies and practices as they pertain to LGBTQ employees, covering criteria including workplace protection, inclusive benefits, supporting an inclusive culture and responsible corporate citizenship.

Caesars has also been selected as a «Top 35 Corporation Star» by the U.S. Pan Asian American Chamber of Commerce Education Foundation (USPAACC), the most established and most effective national nonprofit business organization representing the fastest growing group in the United States. The honor recognizes Caesars Entertainment’s ample support in the organization’s growth and assistance in establishing USPAACC as a leader in the sector.

This week, the Company concludes the 2020 Virtual Economic Equity Tour, which was launched by Caesars Foundation and Women’s Business Enterprise National Council – South (WBENC-South) in 2018. Providing capacity-building and development for local nonprofits as well as small, locally owned businesses, the Economic Equity Tour has touched thousands of organizations with informative sessions focused on nonprofit leadership, financial empowerment, small business development and more.

Following the recent merger of Caesars Entertainment Corporation and Eldorado Resorts, Inc., Caesars Entertainment, Inc., in this newly-expanded network, looks forward to deepening its ongoing commitment to economic development while improving the quality of life of Team Members and their families, as well as of the community and society at large. To learn more about Caesars Entertainment’s corporate social responsibility, please visit here.

About Caesars Entertainment, Inc.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe® and Eldorado® brand names. Caesars Entertainment offers diversified amenities and one-of-a-kind destinations, with a focus on building loyalty and value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars Entertainment is committed to its Team Members, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

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SOURCE Caesars Entertainment, Inc.

U.S. Chemical Production Ends Year On A High Note

WASHINGTON, Jan. 28, 2021 /PRNewswire/ — The U.S. Chemical Production Regional Index (U.S. CPRI), rose 1.2% in December following a 0.6% gain in November and a 1.2% increase in October, according to the American Chemistry Council (ACC). During December, chemical output grew in all regions, with the largest gains occurring in the Gulf Coast and Midwest regions. Chemical production expanded in all segments except miscellaneous other inorganic chemicals. The U.S. CPRI is measured on a three-month moving average (3MMA) basis.

WASHINGTON, Jan. 28, 2021 /PRNewswire/ — The U.S. Chemical Production Regional Index (U.S. CPRI), rose 1.2% in December following a 0.6% gain in November and a 1.2% increase in October, according to the American Chemistry Council (ACC). During December, chemical output grew in all regions, with the largest gains occurring in the Gulf Coast and Midwest regions. Chemical production expanded in all segments except miscellaneous other inorganic chemicals. The U.S. CPRI is measured on a three-month moving average (3MMA) basis.

As nearly all manufactured goods are produced using chemistry in some form, manufacturing activity is an important indicator for chemical demand. The manufacturing recovery continued for a sixth straight month in December, with overall factory activity up 1.1% (3MMA). The trend in production rose in nearly all key chemistry end-use industries, with the strongest gains seen in iron and steel, appliances, aerospace, construction supplies, foundries, plastic products, tires, paper, structural panels, and apparel.

Compared with December 2019, U.S. chemical production was off 2.7%, the nineteenth consecutive month of year-over-year declines, but reflecting improvement versus earlier in the year. Chemical production remained lower than a year ago in all regions, with the largest year-ago declines seen in the Northeast, Mid-Atlantic, and West Coast regions.

U.S. Chemical Production Regional Index, Percentage Change

(Seasonally adjusted, 3-month moving average)

Dec 20/
Nov 20

Dec 20/
Dec 19

Key products

Gulf Coast

1.4%

-0.9%

petrochemicals, inorganics, plastics resins, and synthetic rubber

Midwest

1.3%

-3.6%

agricultural chemicals, plastics, and paints

Ohio Valley

1.2%

-3.8%

organic chemicals, plastics and synthetic materials, and specialty chemicals

Mid-Atlantic

1.1%

-4.7%

consumer products

Southeast

1.3%

-3.4%

inorganic chemicals, fibers, and consumer products

Northeast

0.9%

-4.7%

consumer products and specialty chemicals

West Coast

1.2%

-4.9%

basic chemicals, agricultural chemicals, and consumer products

     U.S. Total

1.2%

-2.7%

The chemistry industry is one of the largest industries in the United States, a $565 billion enterprise. The manufacturing sector is the largest consumer of chemical products, and 96% of manufactured goods are directly touched by chemistry. The U.S. CPRI was developed to track chemical production activity in seven regions of the United States. The U.S. CPRI is based on information from the Federal Reserve, and includes monthly revisions as published by the Federal Reserve. To smooth month-to-month fluctuations, the U.S. CPRI is measured using a three-month moving average. The reading in December reflects production activity during October, November and December.  

http://www.americanchemistry.com/newsroom
The American Chemistry Council (ACC) represents the leading companies engaged in the business of chemistry.  ACC members apply the science of chemistry to make innovative products and services that make people’s lives better, healthier and safer.  ACC is committed to improved environmental, health and safety performance through Responsible Care, common sense advocacy designed to address major public policy issues, and health and environmental research and product testing.  The business of chemistry is a $565 billion enterprise and a key element of the nation’s economy.  It is one of the nation’s largest exporters, representing ten cents out of every dollar in U.S. exports. Chemistry companies are among the largest investors in research and development.  Safety and security have always been primary concerns of ACC members, and they have intensified their efforts, working closely with government agencies to improve security and to defend against any threat to the nation’s critical infrastructure.

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SOURCE American Chemistry Council