During Monday’s current trade, General Electric Company (NYSE:GE)’s shares gained 1.58%, and is now trading at $25.33.
Last Tuesday, General Electric Company, unit (GE) GE Energy Financial Services and Virginia Solar Group partner Pacifico Energy have partnered for a third time to construct a solar power project in Japan. GE Energy Financial Services and Virginia Solar Group will jointly invest equity in a 96.2-megawatt (DC) photovoltaic solar plant, with GE Energy Financial Services’ commitment totaling ¥7.5 billion. Construction of the plant is underway in Hosoe on Kyushu Island, in the prefecture of Miyazaki. A ¥35 billion term loan facility with a 22-year tenor – led by The Bank of Tokyo Mitsubishi UFJ, Ltd. as the sole and exclusive mandated lead arranger – was offered on a non–recourse project finance basis with a syndicate of 12 Japanese financial institutions. Additional transaction details have not been revealed.
Hosoe is predictable to start commercial operations in the spring of 2018 and will sell its power to Kyushu Electric Power Corporation under a 20-year power purchase contract. It is predictable to generate enough clean energy to power up to 30,000 households and avoid 68,200 tons of CO2 emissions per year.
By 2020, Japan aims to have 20 percent of its energy generated from renewable power sources, a aim which is supported by the country’s regulatory policies and feed-in tariff. Sushil Verma, a managing director and head of Asia Pacific at GE Energy Financial Services, notes that Hosoe is the third transaction between GE Energy Financial Services and Pacifico Energy that contributes to the country’s renewable energy aims.
“We aim to continue assisting Japan achieve a diversified power mix. Working with reliable and regional counterparties supports our international expansion and renewable energy investment commitments,” Verma says.
General Electric Company (GE) operates as an infrastructure and financial services corporation worldwide. The corporation’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Cytori Therapeutics Inc (NASDAQ:CYTX)’s shares jumped 20.69% during the current trading session Monday, and is now trading at $1.40.
Today, Cytori Therapeutics, Inc., declared its exclusive licensee, Lorem Vascular, has been granted regulatory clearance for the Cytori Celution® System by the State Food and Drug Administration of the People’s Republic of China (CFDA). This regulatory clearance officially makes Cytori’s Celution System accessible in the largest healthcare market in the world and triggers a substantial 2015 product purchase order for Cytori from Lorem Vascular.
Cytori’s exclusive licensee in the region, Lorem Vascular, has worked closely with Cytori during the last year preparing for CFDA clearance and planning for commercial introduction of the Celution family of products in China. Today’s news marks the first time that Cytori’s Celution System has gained any level of access to the mainland Chinese healthcare market. Lorem Vascular will start product launch of Celution in key hospitals in China right away.
Cytori Therapeutics, Inc., a biotechnology corporation, develops cell therapeutics for specific diseases and medical conditions. The corporation primarily provides Cytori Cell Therapy compriseing of a heterogeneous population of specialized cells, counting stem cells for the treatment of patients with scleroderma hand dysfunction, orthopedic disorders, cardiovascular disease, urinary incontinence, and thermal burns combined with radiation injury.
In an afternoon trade, Sirius XM Holdings Inc (NASDAQ:SIRI)’s shares climbed 0.13%, and is now trading at $3.92.
Today, Sirius XM Holdings Inc., declared that it will start broadcasting Premier Boxing Champions fights to satellite radio listeners nationwide, bringing the sport back to the national radio airwaves.
Introduced in January of this year, Premier Boxing Champions is a new series - created by Haymon Boxing - that features many of boxing’s best and brightest stars and champions
SiriusXM’s first broadcast will be the April 11 Garcia-Peterson/Lee-Quillin fight card at Barclays Center in Brooklyn, NY. Airing on SiriusXM Sports Zone, channel 92 (8:00 pm ET), the big night of boxing features a clash of champions Danny Garcia (29-0, 17 KOs) and Lamont Peterson (33-2-1, 17 KOs), and the co-main event is champion Andy Lee (34-2, 24 KOs) against former champion Peter Quillin (31-0, 22 KOs).
PBC on SiriusXM broadcasts will be produced by SiriusXM. The broadcast team for the April 11 card will feature former New York Athletic Commission Chairman and former Editor-in-Chief of The Ring Magazine Randy Gordon as the blow-by-blow voice and former heavyweight contender Gerry Cooney as the analyst. Sway Calloway, host of Sway in the Morning on Eminem’s Shade 45 channel, will be the ringside reporter.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The corporation broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
AT&T Inc (NYSE:T), during its Monday’s current trading session raised 0.65%, and is now trading at $33.35.
Today, AT&T, Inc. has invested nearly $175 million in its best-in-class wireless and wired networks in the greater Portland area during 2012 through 2014, driving a wide range of upgrades to enhance reliability, coverage, speed and performance for residents and business customers.
As part of its Project Velocity IP (VIP), an investment plan focused on network enhancement and expansion, AT&T in 2014 made 26 wireless network upgrades in the Portland area, counting six new cell sites, 18 new wireless high-speed Internet connections, and additional network capacity.
Notable Portland area network enhancements in 2014 comprised of expanding the nation’s most reliable 4G LTE network in the greater Portland area to comprise Estacada and Redland.
“This network expansion represents an investment in our customers here in the Portland area. Although we already have the strongest 4G LTE signal in the country, this continued expansion is a result of our desire to bring the strongest service we can to AT&T users across the Portland metro area,” said George Granger, President of AT&T Oregon.
AT&T was recently recognized by FORTUNE magazine as the Most Admired Telecommunications Corporation in the world in 2015. Additionally, FORTUNE ranked AT&T #47 among all companies in all industries in its list of the Top 50 Most Admired companies in the world. FORTUNE’s Most Admired Companies lists are among the most highly respected indicators of corporate performance and reputation.
AT&T Inc. provides telecommunications services in the United States and internationally. The corporation operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
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