Day: November 24, 2022

COPENHAGEN, Denmark, Nov. 24, 2022 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP) through its CI Advanced Bioenergy Fund I (CI ABF I) has secured two sites (La Sentiu and Linyola) for two large industrial scale biogas plants located in Catalonia, Spain. The La Sentiu project has been appointed a project of strategic importance by the Catalan government which implies that the permit application for the plant will be prioritized by the Catalan government and administration.

CIP will together with Spanish developer, Connect Bioenergy, develop the biogas plants towards expected Final Investment Decision in 2024.

The biogas plants will use green sustainable feedstock (organic waste): Pig manure from local farms, slaughterhouse waste and other industrial organic waste. The plants will produce green gas (biomethane) to be injected into the existing natural gas grid and contribute to circularity, as the organic materials will be recirculated as nutrients (fertilizer) for agricultural production and produce biogen CO₂ for industrial use or for Power-to-X projects. The two biogas plants are expected to deliver a total CO2 emissions savings of more than 150,000 tons annually.

The plants will deliver on both the long-term need for energy security and independence and deliver on the decarbonization of hard to abate sectors. Additionally, they will aid local job creation and will be part of the solution to the regional challenge with a surplus of nutrients in the soil and waterways caused by the concentration of agricultural production.

“We continue to see great potential in an efficient conversion of organic waste to green gas and green fuels. We believe that advanced bioenergy plays a key role in the green transition with replacement of fossil natural gas. The status of strategic importance for the La Sentiu project is an important milestone and a testimony of recognition of local support from the Catalan government. We look forward to continuing the good collaboration with our partners and local stakeholders, and to finalise the development of the project which will contribute significantly to the reduction of greenhouse gas emissions and create new local jobs,” says Thomas Dalsgaard, Partner at CIP.

The Danish biogas technology provider, Lundsby Biogas A/S, will as minority shareholder take part in the development of the project.

CI ABF I is investing in advanced bioenergy plants in Europe and North America. It enables institutional investors to contribute to the energy transition and participate in the decarbonization of hard to abate sectors through the production of advanced biofuels and biogas. The fund reached second close of ~EUR 500 million in September 2022 and has a target fund size of EUR 1 billion. In addition to the biogas plants in Spain, CI ABF I is currently building a pipeline of advanced bioenergy projects across its target markets in Europe and North America. CI ABF I is classified as an Article 9 “dark green” fund under the EU Sustainable Finance Disclosure Regulation (SFDR).

About Copenhagen Infrastructure Partners
Founded in 2012, CIP today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore- and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity and storage, Power-to-X and advanced bioenergy.

CIP manages ten funds and has to date raised approximately EUR 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP will accelerate its role in the global energy transition and aims to have EUR 100 billion under management in green energy investments by 2030. CIP has approximately 370 employees and offices in Copenhagen, London, Hamburg, Utrecht, New York, Tokyo, Singapore, Seoul, and Melbourne. For more information, visit www.cip.dk

About Connect Bioenergy
Connect Bioenergy is a project development company in the field of RNG (renewable natural gas). Connect Bioenergy has a mix of strong local presence in the farmer and local community in the Lleida region of Catalonia together with knowledge of the Spanish energy market.

About Lundsby
Lundsby has more than 25 years of experience in the development and delivery of individually designed biogas plants in various sizes and for multiple applications. Lundsby specialize in building high-performance biogas plants with focus on building robust, flexible and reliable plants.

For further information, please contact:

Copenhagen Infrastructure Partners
Simon Mehl Augustesen, Chief Communication & Marketing Officer
Phone: +45 30526721
Email: siau@cip.dk

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151
Email: tkon@cip.dk

GlobeNewswire Distribution ID 1000768510

Amsterdam, 24 November 2022 – Today, Azerion has announced the acquisition of AdPlay, an Italian based digital advertising platform. Together, the companies will provide advertisers with access to even larger audiences in Italy through exciting new formats and content like digital out of home and first look at highly relevant sports content. At the same time, publishing partners will benefit from the additional revenues and advertising formats Azerion will bring to them.

Umut Akpinar, co-CEO of Azerion, comments: “I am pleased to announce the acquisition of AdPlay and strengthen our advertising business in Italy. The AdPlay team is a perfect fit with our Azerion culture, and their local expertise and experience will add to our ability to help our Italian customers to get the results they need from their advertising budgets. I am also very excited to welcome AdPlay’s Italian partners to the Azerion platform and grow our business together with them as well as extending our connected TV and digital out of home reach in the local market.”

Azerion will integrate AdPlay’s digital cross-media solutions and campaign performance management, adding to its robust current offering in these areas. AdPlay exclusively represents some of the most relevant Italian publishers and has been pioneering the digital out of home market in Italy. Through this acquisition, Azerion will strengthen its position in Italy and increase its relevance as a partner that delivers easy, impactful and affordable access to large and diverse audiences through highly engaging content.

Additionally, AdPlay recently launched Veedly, a dedicated solution focused on the distribution of on-demand multimedia content from the world of sports. Veedly is currently collaborating with the official digital channels of Lega Serie A, allowing for content distribution of various kinds, including highlights of all the Serie A TIM matches, and Coppa Italia Frecciarossa for the next two sports seasons.

The aggregated consideration is a combination of cash and shares. In total, 580,470 treasury shares were transferred to the selling shareholder. The  transaction is effective as of 11th November 2022. AdPlay generated approximately €12 million gross revenue in 2021.

This announcement follows various previous acquisitions in 2022, as Azerion continues to execute on its growth strategy. So far this year, Azerion has acquired an estimated annualised revenue in the range of €100 million to €125 million for a total aggregated consideration (combination of cash and shares) in the range of €90 million to €100 million.

About Azerion

Azerion is a high-growth digital entertainment and media platform. As a content-driven, technology and data company, Azerion serves consumers, digital publishers, advertisers, and game creators globally. Azerion’s integrated platform provides technology solutions to automate the purchase and sale of digital advertising for media buyers and sellers, supported by in-market sales and campaign management teams. Through our technology, content creators, digital publishers and advertisers work with Azerion to reach the millions of people across the globe that play Azerion’s games and view its distributed entertainment content to increase engagement, loyalty, and drive e-commerce.

Founded in 2014 by two Dutch entrepreneurs, Azerion has experienced rapid expansion driven by organic growth and strategic acquisitions. Azerion is headquartered in Amsterdam, the Netherlands and is a publicly traded company listed on Euronext Amsterdam. For more information visit: www.azerion.com.

About AdPlay

AdPlay is a tech media company focused on the development of proprietary solutions for Publishers and Brand advertisers. AdPlay Media Holding is a strategic partner for the implementation of digital transformation and innovation plans, through its owned technologies and tailored consulting services.

Contact
Investor Relations
ir@azerion.com

Media
press@azerion.com

GlobeNewswire Distribution ID 1000768580

LONDON, Nov. 24, 2022 (GLOBE NEWSWIRE) — Tusk Inc. Limited (www.tusklimited.com) a company which started in 2012 as a capital management company in the United Kingdom and Kuala Lumpur with offices around the world, and now is one of the leading electrical solution companies which focus on producing for users of mining equipment, solar energy and adapters is announcing is k new products combo. The Product line is mainly for electrical purposes. For any miner bought, it comes with a solar panel, to reduce power consumption. See products here https://tusklimited.com/products

As one of the top Electrical solution companies, Tusk innovation has announced 30% discounts on its combo of mining equipment, which combines a solar panel with a bitcoin miner. With their recent movement from polycrystalline to photovoltaic materials, Tusk inc. has tested over time the efficiency of combining their solar products with cryptocurrency miners, and this has proven to be the most effective. Tusk inc. investors can now with ease, mine their coins without interruptions, lesser risks and maximum profit.

This is an effort to reduce the amount of electricity used when clients mine cryptocurrencies, and it was disclosed by the COO, John Walls, last week. According to Walls, “Reports going around made it evident that the quantity of electricity miners require may be too large to handle, therefore we obtained a plausible option.”

Mining Profits
Although it is admirable and highly profitable for many people to set up cryptocurrency mining farms, speculations are rife that they may incur significant costs, particularly in terms of electricity use. By providing you with a Solar Panel, which is unconnected to your electricity bills and a bitcoin mining device that can perform dual mining tasks, Tusk Inc. has created a long-lasting solution. You can simply mine your coins and not bother about the market’s volatility, while also ignoring power consumption.

Tusk Inc. has distinguished itself from others, in that customers can get crypto wallet development services as well as graphics processing units from the company, which has offices on three continents. It also has extensive experience in Blockchain development and bitcoin mining solutions, among other areas.

About Tusk
Established in 2012 by team of management experts, and later joined by a team of technology experts, Tusk Inc. is now one of the leading electrical solution providers. They pride themselves also in their ability to manage risk effectively, since they have been in the business of managing risks for over a decade. And through several advancements in technology, they have incorporated less risky ventures into the Risk Management system, one of which is cryptocurrency mining, using photovoltaic materials.

John Walls
PR Manager
john@tusklimited.com
(+44)7451214344

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94500cd7-ba35-4ad9-8179-1f5f89263358

GlobeNewswire Distribution ID 1000768596

New York, U.S.A., Nov. 23, 2022 (GLOBE NEWSWIRE) — The UN Global Compact today released new guidance for business on how they can adapt to minimize climate change risks and impacts on their operations and supply chains in a just and equitable manner.

Just Transition for Climate Adaptation, developed by the Stockholm Environment Institute with inputs from partners and company participants in the Think Lab on Just Transition, introduces Just Transition and how it links to climate adaptation, and makes recommendations for businesses to achieve a fair and inclusive journey to a net-zero and resilient future.

According to the International Labour Organization, a just transition means greening the economy in a way that is as fair and inclusive as possible to everyone concerned, creating decent work opportunities and leaving no one behind. Climate impacts and risks can have knock-on effects along supply chains, affecting businesses, workers, livelihoods and communities. Companies need to engage in adaptation action that avoids redistributing risk or leaving workers, their communities and downstream suppliers behind.

The brief outlines seven recommendations for business to achieve a just transition for climate adaptation:

• Integrate social and environmental objectives into the business strategy through a social dialogue;
• Build coalitions, including with competitors;
• Improve data collection and sharing;
• Strengthen supply-chain resilience;
• Finance a just transition and climate adaptation;
• Partner with local and regional governments to devise adaptation strategies that advance a just transition;
• Advocate for clear division of responsibilities for a just transition, also to support climate adaptation.

Sanda Ojiambo, Assistant Secretary-General and CEO of the UN Global Compact commenting on the release of the guidance said:

“Businesses around the world are already experiencing the impacts of climate change from disrupted production, broken supply chains to increased costs. Implementing climate adaptation strategies can create new jobs, new innovations and new opportunities for business but only if it is done in a way that is inclusive and enables everyone to thrive. ”

Richard Klein, IPCC Lead Author and Team Leader, International Climate Risk and Adaptation at the Stockholm Environment Institute, and co-author of the guidance, said:  “Climate change risks and impacts expose vulnerabilities for most businesses today. A just transition for climate adaptation can help businesses integrate environmental and social work into their core business strategy and ensure long-term resilience for companies, their workers as well as local communities.”

For details and additional insights, please read the Brief.

Notes to Editors 

About the Think Lab on Just Transition

The Think Lab on Just Transition aims to shape and define business and thought leadership on critical areas linked to just transition; address key business challenges; identify policy advocacy opportunities and good business practices; and scale-up learnings through the UN Global Compact’s network. 27 company participants from across the globe include A.P. Møller – Mærsk, Accenture, AIA Group, CEMEX, DP World, Enara Capital, Enel SpA, Garanti BBVA, Iberdrola, Johnson Controls, Lenovo Group, LONGi, Mahindra Group, Majid Al Futtaim, Meta, Microsoft, Moody’s Corporation, National Australia Bank, Nestlé, Novozymes A/S, Ørsted, ReNew Power Pvt. Ltd., Sappi Southern Africa Ltd., TriCiclos, Unilever, Wipro Ltd. and Woolworths Holdings Limited. The partners of the Think Lab include UN Climate Change (UNFCCC), UN Environment Programme (UNEP), International Labour Organization, International Trade Union Confederation (ITUC) and its Just Transition Center, CDP, Duke University, Institute for Human Rights & Business (IHRB), International Organization of Employers (IOE), International Renewable Energy Agency (IRENA), Principles for Responsible Investment (PRI), Stockholm Environment Institute (SEI), Sustainable Energy for All (SEforALL), The B Team, UNICEF and World Resources Institute (WRI). Think Lab activities leverage synergies with the UN Global Compact’s “CFO Coalition for the SDGs” and the “Just Transition Maritime Task Force”.

About the United Nations Global Compact

As a special initiative of the UN Secretary-General, the United Nations Global Compact is a call to companies everywhere to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the Sustainable Development Goals through accountable companies and ecosystems that enable change. With more than 15,000 companies and 3,000 non-business signatories based in over 160 countries, and 69 Local Networks, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world.

For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org

Contact

Alex Gee
UN Global Compact
gee@unglobalcompact.org 
media@unglobalcompact.org

United Nations Global Compact
(212) 907-1301
media@unglobalcompact.org

GlobeNewswire Distribution ID 8702885