Investment Migration Provides Gateway to World’s Best Schools and Universities

LONDON, Sept. 27, 2022 (GLOBE NEWSWIRE) — Henley & Partners has seen a significant increase in enquiries from affluent families looking to access premium international education opportunities for their children via investment migration. The surge in demand and competition for places at Ivy League, Oxbridge, and other leading universities post-Covid has heightened interest in investment programs that offer a pathway to residence rights or citizenship acquisition in the UK, the US, Canada, Australia, New Zealand, Singapore, and several European countries that are home to the world’s leading educational institutions.

Over 70% of the Top 1,000 tertiary institutions ranked in the recent Times Higher Education World University Ranking are in countries that host investment migration programs, with 18% in the US and 10% in the UK. Dr. Juerg Steffen, CEO of Henley & Partners, says securing the best possible education for their children has become a key motivation for investors considering residence and citizenship by investment program options. “Our children are our most precious assets and providing them with the best international schooling and university options is the greatest gift we can give to them and one of the best investments we can make as parents. We predict 2023 is likely to see the largest millionaire migration flows on record with over 125,000 affluent investors and their families on the move. Our new Henley & Partners Education division is designed to provide clients with all the support and assistance they need to access the best educational institutions in their new country.”

Securing greater access rights

Recent research shows that attending an Ivy League university can boost mid-career earnings by as much as 28.7% and that your child is three or four times more likely to gain admission to the world’s leading schools and universities if they are a resident or citizen of the county.

John Milne, Group Head of Education Services at Henley & Partners, says the firm has engaged a network of specialist consultants in the UK, North America, Australia, and Europe who can offer local expert and impartial advice to global clients. “Our new team provides school placement and bespoke concierge services such as assistance with obtaining student visas, language lessons, tutoring, entrance exams and childcare. It also offers a unique online evaluation of academic skills for children aged between six and sixteen — the Henley Academic Profiling Assessment — to provide a snapshot of a child’s academic skills. The results can be used to demonstrate their performance to future schools as well as to monitor their academic progress and identify possible areas for improvement.”

Education investment options for high-net-worth families

For those who wish to acquire permanent resident (‘green card’) status in the US, the EB-5 Immigrant Investor Program is the most efficient pathway, requiring an investment of USD 800,000. For entrepreneurs with the UK in their sights, the Tier 1 Innovator visa is aimed at those who can demonstrate relevant experience in business and have at least GBP 50,000 in investment funds. If Canada appeals, the Start-Up Visa Program provides permanent residence to entrepreneurs and active investors in companies and expanding businesses that seek to establish a presence in the country.

Australia currently offers four visa streams under its Business Innovation and Investment Program, while its Global Talent Independent Program provides a fast track pathway to permanent residence for highly skilled executives, businesspeople, entrepreneurs, and professionals. Investors can also secure residence in New Zealand as well as Singapore through its Global Investor Program.

Group Head of Private Clients at Henley & Partners, Dominic Volek, says the European golden visa programs such as those offered by Greece, Italy, Portugal, and Spain, are also extremely attractive for investors looking to secure premium education and employment opportunities for their children across the EU. “The Portugal Golden Residence Permit Program is our most popular residence program as it provides the quickest, most defined, and now proven pathway to citizenship, subject to the eligibility criteria of course. As a citizen of the EU, your child will have access to education at any of the EU countries’ universities on the same basis as a domestic student. Malta is also an attractive option as its regulations provide for a residence path that may lead to the granting of Maltese citizenship through exceptional services by direct investment.”

Notes to Editors

About Henley & Partners

Henley & Partners is the global leader in residence and citizenship by investment. Each year, hundreds of wealthy individuals and their advisors rely on our expertise and experience in this area. The firm’s highly qualified professionals work together as one team in over 35 offices worldwide.

The concept of residence and citizenship planning was created by Henley & Partners in the 1990s. As globalization has expanded, residence and citizenship have become topics of significant interest among the increasing number of internationally mobile entrepreneurs and investors whom we proudly serve every day.

The firm also runs a leading government advisory practice that has raised more than USD 10 billion in foreign direct investment. Trusted by governments, the firm has been involved in strategic consulting and in the design, set-up, and operation of the world’s most successful residence and citizenship programs.

Media Contact

For further information, please contact:

Sarah Nicklin

Group Head of Public Relations

sarah.nicklin@henleyglobal.com

Mobile: +27 72 464 8965

The Globe and Mail Announces That LeddarTech Has Been Selected as One of Canada’s Top Growing Companies

QUEBEC CITY, Sept. 27, 2022 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce its recognition among Canada’s Top Growing Companies for 2022 by the Globe and Mail’s Report on Business, where LeddarTech ranked 280 out of 430 eligible companies.

The Canada’s Top Growing Companies list ranks Canadian companies on three-year revenue growth. LeddarTech thus continues to be recognized for its market-leading technology and business practices and, most recently, received two awards for its LeddarVision™ sensor fusion and perception software solution.

Canada’s Top Growing Companies is an editorial ranking launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program, companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.

“LeddarTech is very honored to be named by the Globe and Mail’s Report on Business as one of Canada’s Top Growing Companies,” stated Charles Boulanger, CEO of LeddarTech. “LeddarTech began in Canada in 2007 with a commitment to developing technology that improves people’s quality of life, increases public safety and encourages greater global environmental sustainability. In 2022 we celebrate our 15th anniversary, and our commitments have not changed,” Mr. Boulanger continued. “On behalf of the management team, Board of Directors and our employees, I express our collective appreciation for this recognition. We remain motivated to continue our mission to become the most deployed sensor fusion and perception software solution that enables ADAS and AD applications.”

“Canada’s Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada,” says Dawn Calleja, Editor of Report on Business magazine. “The next generation of Canadian businesses can draw inspiration from this ranking.”

“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “The Globe and Mail congratulates them on their achievements.”

About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost-effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1-2 automotive suppliers with key technology building blocks such as LeddarSteer™ digital beam steering and the LeddarEngine™, which comprises a highly integrated, scalable LiDAR SoC and software combination that enables the accelerated design of automotive-grade LiDAR solutions with optimized cost-to-performance ratios. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 140 patents granted or applied for, enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT Technology

Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT Technology

The current schedule for the fractional sales of French barrels includes:Sept. 26 – October 2: Domaine Fourrier – 2 BarrelOct. 3 – October 9: Charles Lachaux – 6 BarrelsOct. 10 – October 16: Domaine Vincent Dancer – 1 BarrelOct. 17 – October 23: Domaine De Montille – 2 BarrelsOct. 24 – October 30: Domaine Robert Groffier – 5 BarrelsOct. 31 – Nov. 6: Domaine Pierre Girardin – 5 Barrels

New features give Crurated Members the ability to buy fractions of wine in barrels and customize exclusive bottle formats and labeling

Participating world-renowned producers include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille, and Domaine Pierre Girardin

LONDON, Sept. 26, 2022 (GLOBE NEWSWIRE) — Wine futures, sometimes called En Primeur, is a way to buy the most highly-sought after wines before they are bottled and released on the market. Crurated, a blockchain and member-based wine community, is taking this concept to the next level with new technology that offers provenance as well as customization to the mix. Alfonso de Gaetano, the company’s Founder has announced that Crurated Members can now purchase fractions of barrels which are certified through blockchain and NFT technology. This new offering also gives members the ability to customize bottle formats and labels based on their unique needs.

Crurated is introducing fractional barrel sales with world-renowned producers that include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille and Domaine Pierre Girardin.

Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT Technology

Crurated is introducing fractional barrel sales with world-renowned producers that include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille and Domaine Pierre Girardin.

Crurated is also offering curated experiences for the top 10 fractional barrel purchases, in terms of monetary value. Experiences include a visit with the wine producer, tour of the winemaking facility, a winemaking dinner and other curated events based on location.

“Many of our esteemed clients often ask for larger format bottles. Determining how many to produce beyond the traditional Magnum can be challenging,” said Nicolas Groffier of Domaine Robert Groffier. “Fractional barrel sales and the ability for buyers to customize bottle size allows us to determine the exact number and sizes of bottles we will need. And now the only way to have larger size formats from Domaine Robert Groffier is through Crurated.”

Crurated Presents The Barrel of The Future

Crurated Becomes the First Blockchain and Member-Based Wine Community to Offer Fractional Barrel Sales Backed by NFT TechnologyNew features give Crurated Members the ability to buy fractions of wine in barrels and customize exclusive bottle formats and labeling Participating world-renowned producers include Domaine Fourrier, Charles Lachaux, Domaine Robert Groffier, Domaine Vincent Dancer, Domaine De Montille, and Domaine Pierre Girardin

“This new concept completely changes the way rare, pre-bottled wines are sold to consumers,” said Alfonso. “Fractional ownership has been around for decades and is just now being applied to digital art in the NFT space. While a fraction of a Bored Ape may be a unique application of the technology, it is shared and not something you can enjoy on its own. Our concept revolutionizes fractional ownership backed by NFTs by offering the value of provenance to further authenticate the wine. Members can also customize their bottle formats and labels and then appreciate their fraction of rarity in the real world.”

The current schedule for the fractional sales of French barrels includes:

  • Sept. 26 – October 2: Domaine Fourrier – 2 Barrel
  • Oct. 3 – October 9: Charles Lachaux – 6 Barrels
  • Oct. 10 – October 16: Domaine Vincent Dancer – 1 Barrel
  • Oct. 17 – October 23: Domaine De Montille – 2 Barrels
  • Oct. 24 – October 30: Domaine Robert Groffier – 5 Barrels
  • Oct. 31 – Nov. 6: Domaine Pierre Girardin – 5 Barrels

About Crurated
Launched in 2021 with an emphasis on France and Italy, Crurated is a membership-based wine community designed to connect connoisseurs directly with world-class producers. A team of specialists provides personalized services and authentic experiences, while Crurated’s seamless logistics service guarantees quality and provenance thanks to secure wine cellar storage and innovative blockchain technology. For more on Crurated, visit crurated.com.

PR Contact
Michael Volpatt
Michael@larkinvolpatt.com
415.994.8864

A video accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/76fdc665-93d6-49be-bbe8-7521cc9f8a50

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b8d22d10-fc31-4bb6-99bc-abffd615962f

https://www.globenewswire.com/NewsRoom/AttachmentNg/d092b0af-8ddd-4073-aaef-86b1469eee9e

https://www.globenewswire.com/NewsRoom/AttachmentNg/8087242c-c414-4aea-b740-99a0269b6104

Dominica paves clear path to climate resiliency amid climate-related disasters

ROSEAU, Dominica, Sept. 26, 2022 (GLOBE NEWSWIRE) — The climate crisis is real. Several severe weather patterns are confirming this.

Take Pakistan, the scale of the recent deadly flooding in that country is staggering to say the least. Floods triggered by early monsoon rains began in June and remained intense throughout the season. A full one-third of Pakistan is underwater—an amount of land that exceeds the total area of the United Kingdom. More than 30 million people or 15 percent of the population have been affected – 1,200 people have lost their lives and half a million are homeless.

After Hurricane Maria left an estimated 90 percent of buildings damaged or destroyed in Dominica in 2019, the small Caribbean Island of just 70,000 has been on a clear path to become the first climate-resilient nation by 2030.

According to Germanwatch’s 2021 Global Climate Risk Index – an Index that analyses to what extent countries and regions have been affected by impacts of weather-related loss event – Dominica ranked 11th out of 150 countries at risk based on an analysis of extreme weather events between 2000 and 2019. Two factors were cited for Dominica: the impact of global warming on rising sea levels that increase the risk of storm surges, and the increase in the strength of hurricanes. Dominica is at risk to earthquakes and volcanic eruptions, floods and landslides, and hurricanes.

The Prime Minister of Dominica, Dr Roosevelt Skerrit, has been an advocate and voice for sustainability, urging nations across the globe to implement serious and tangible measures to deal with global warming as they impact smaller nations more acutely.

He recently conveyed his condolences over material and human losses caused by the floods in Pakistan and again called upon the international community to stand together to act against climate change in order to mitigate its often-deadly consequences. He said, “Together, we must ensure a better future for our coming generations.”

Taking to Twitter he stated, “The Commonwealth of Dominica stands in solidarity with Pakistan at this time of crisis. Climate change is destroying the world, and it is now our time to take responsible actions.”

Dominica is leading the fight against climate change, and the government continues to invest in new projects and programmes to achieve their goal of resiliency and having the strength to fight back when catastrophic events occur.

This year marks five years since Dominica witnessed the witnessed the deadliest Hurricane Maria.

Dominica’s objective to become resilient by 2030 needs around EC$4 billion to EC$5 billion in funding and around 40 percent of that funding could come from funds generated through the country’s citizenship by investment programme.

In response to the destruction caused by Hurricane Maria, Dominica launched a climate resilience policy framework to help guide its recovery journey in the form of the National Resilience Development Strategy 2030 (NRDS). The NRDS speaks to the overall policy framework of the government and summaries 43 resilience goals desired to assure that development is people centred.

The Climate Resilience and Recovery Plan of Dominica aims to build strong communities, build a robust economy, have a well-planned and durable infrastructure; strengthen institutional systems and, protect and sustain natural and other unique assets.

It centres around three pillars: structural resilience, financial resilience, and post-disaster resilience.

Pillar 1: Structural resilience:

Under this pillar, the government of Dominica strives to build a resilient infrastructure capable of withstanding natural disasters, including category five hurricanes. It includes the construction of climate-resilient homes, healthcare centres, roads, bridges, airports and schools.

The revolutionary “Housing Initiative” will deliver climate-resilient homes to the public, who were displaced as a result of Tropical Storm Erika and Hurricane Maria in 2015 and 2017, respectively. The government is aiming to construct more than 5 000 climate-resilient homes and has already handed over keys to about 1 500 families who were displaced by Hurricane Maria.

The construction of 40 climate-resilient homes in the Salybia constituency commenced in February 2022.

In July of this year, Dominica also launched the “Future Housing Programme” which provides reasonably priced homes to youth aged 45 or younger.

The World Bank Emergency Agriculture Livelihoods and Climate Resilience Project is a five-year projects worth US$25 million and it aims to restore agricultural livelihoods and enhance the climate resilience of farmers and fishers affected by Hurricane Maria.

The project will ensure:

  • Farmers adopt new technologies and climate-smart practices for increasing modification and climate resilience in the crop, livestock, and fishing sectors;
  • Reconstruction and climate proofing of key agriculture infrastructure.

Several bridges have been built and damaged roads have been rehabilitated with the inclusion of slope retention walls and expanded sections to increase capacity and facilitate the movement of larger construction machinery.

Pillar 2: Financial Resilience:

The government of Dominica is implementing institutional fiscal reform to ensure stronger fiscal resilience which will aid in the strengthening of debt sustainability utilising several key institutional fiscal areas.

Pillar 3: Post Disaster and Social Resilience

This pillar helps encourage farmers to plant more root crops which are more resilient to heavy rain and wind, increases farmer training programmes and government assistance with the provision of seeds and fertilizers. The government’s plan to strengthen food security, includes specific policies for the resiliency of the agriculture and fisheries industries.

During a time when larger and more developed countries have been holding talk-shops about finding accurate solutions to climate change, Dominica has emerged with concrete and efficient plans and strategies to mitigate the effects of these global issues.

Nandi Canning (PR Dominica) nandi.canning@csglobalpartners.com +27828215664

Market Growth Drives Reorganization of Integrated Cryogenic Solutions Unit of Nikkiso Clean Energy and Industrial Gases Group

TEMECULA, Calif., Sept. 21, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce the reorganization of their Integrated Cryogenic Solutions Unit (ICS). As the result of both ICS’ growth and tremendous market opportunities in renewable and green energy, ICS will now split into two Functional Units effective October 1, 2022.

The new “Nikkiso Fueling and Solutions” Unit will continue driving the business growth in hydrogen fueling market, natural gas fueling market, skid-mounted system, and turnkey systems. Mike Mackey (currently Senior Vice President of ICS) will be President of Nikkiso Fueling & Solutions. All current ICS staff and facilities will remain part of this new Unit.

The new “Nikkiso Energy Infrastructure & Strategic Projects” (NESP) Unit will expand the Group’s offerings to provide turnkey solutions for energy infrastructure including geothermal plants, compressed hydrogen distribution systems, energy recovery solutions, and offshore marine fueling systems. They will also provide full turnkey support for Nikkiso Cosmodyne plants. Joseph Pak (current president of ICS) will serve as President of NESP.

Nikkiso Expander Application Technique (NEAT) department, headed by Dr. Reza Agahi, will be part of the NESP unit.

“These changes are being made to better serve our customers and allow us to expand our portfolio of solutions for the growing global zero-emissions mandate,” according to Peter Wagner, CEO of Nikkiso CE&IG. “They further support our vision to be ‘Leading the change to a healthier world’.”

With these changes, Nikkiso continues their commitment to be both a global and local presence for their customers.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Travel and Leisure Magazine ranks Commonwealth of Dominica as one of the best islands in the world

ROSEAU, Dominica, Sept. 21, 2022 (GLOBE NEWSWIRE) — Dominica has been ranked among the 25 best islands across the globe by Travel + Leisure Magazine. The island nation ranked eighth in the annual survey conducted by the luxury magazine.

Every year, World’s Best Awards survey Travel + Leisure readers asking them to weigh in on travel experiences around the globe and share their opinions on the top cities, islands, cruise ships, spas, airlines, and more. Readers rated islands according to their activities and sights, natural attractions and beaches, food, friendliness, and overall value.

In the eyes of Travel + Leisure readers, the best islands in the world promise much more than aquamarine waters, dramatic coastlines, and pristine beaches.

The Commonwealth of Dominica, known as the Nature Isle of the Caribbean, took eighth spot in the survey for reasons including its lush green jungles, striking black-sand beaches and natural hot springs.

Dominica scored 91 points in the survey, surpassing 17 other island countries.

The island offers tourists relaxation, seclusion, and eco-adventures set against a backdrop of the most beautiful beaches and rainforests.

Well-known as the Nature Isle for over 300 amazing reasons, Dominica lures largely eco-adventurers with its 365 rivers, Boiling Lake, Champagne Reef, rainforest-shrouded volcano, sulphurous hot springs, superb diving sites and the Caribbean’s first long-distance hiking trail.

Halfway between Guadeloupe and Martinique, Dominica is the only place in the Eastern Caribbean that is still home to a sizeable population of indigenous people, the Kalinago, who have lived on the island since the 13th century.

Based on geological activity Dominica is one of the youngest islands in the Caribbean chain, having first emerged from the sea during the Oligocene era approximately 26 million years ago and is one of the last Caribbean islands to have been formed by volcanic activity. The island is a vibrant tapestry of European and African cultures.

In June this year, Dominica earned the title of #1 Island in the Caribbean, securing the number one ranking in its debut in the prestigious travel and leisure World’s Best Awards which focussed on the areas including the Caribbean, Bermuda and The Bahamas. As one of the Caribbean’s most sparsely populated, environmentally conscious, and culturally rich countries, Dominica is fast emerging as a top travel destination.

Since the Ministry of Tourism through the Discover Dominica Authority (DDA) launched its bold new destination rebrand in February 2022, the Commonwealth of Dominica has already seen triple digit growth percentagewise to tourist arrivals in the country. This has also been enhanced by airlift via a direct flight from mainland U.S. with American Airlines.

Dominica attracts a more discerning traveller looking for wellness, regenerative and adventurous travel and, more importantly, a sustainable and eco-conscious destination. Those looking to travel to less crowded, off-the-beaten-track destinations will welcome the country’s health and wellness assets, rich flora and fauna, and cultural heritage.

Some of these assets include Secret Bay, a six-star all-villa rainforest resort experience magnificently designed in harmony with the environment to make visitors feel at one with nature. Secret Bay has been named Travel and Leisure’s No #1 Resort for the region which includes the Caribbean, Bermuda and The Bahamas for 2022. The resort topped the World’s Best Awards reader’s survey for the second time in three years in the region.

As travellers search for deeper, more distinctive, and more meaningful experiences, destinations need to protect what is distinctive and focus on quality over quantity. This is exactly what Dominica offers to travellers as it continues its sustainable and eco-conscious drive.

While eco-friendly travel may be a new trend for some, it has always been at the forefront of planning and development for Dominica. With nationwide commitments to not only minimising its environmental impact but essentially eliminating it altogether, Dominica is on track to become the world’s first climate-resilient country by 2030. One top initiative supporting this ambitious goal is a switch to 100% domestic renewable energy production as a contribution to a zero-carbon economy. 

Set to be completed in 2022 is a geothermal energy plant in the Roseau Valley, which is expected to generate approximately 120 megawatts of electricity. Dominica’s geology is ideal for supporting this type of energy, which is reliable, effective and low cost.

The World Best Awards are compiled from an annual survey developed by the editors of Travel + Leisure, in association with research firm M&RR, from October 25 through to February 28, readers are invited to participate and rate the best hotels, airlines, cruises and islands.

In the most recent CBI Index Report, a rating system designed to measure the performance and appeal of global citizenship by investment (CBI) programmes across a diverse range of indicators, Dominica secured the number one spot for the sixth consecutive year, beating 11 other nations with active citizenship by investment programmes.

Citizenship by Investment programmes offer the opportunity to legally acquire citizenship of a country in return of a contribution to a government fund of that country or investment in one of its pre-approved real estate projects. CBI programmes ultimately provide a unique occasion for investors wishing to access increased business opportunities as well as for countries that may benefit from foreign direct investment to assure wider economic growth to its citizens.

Initiatives subsidised by the direct foreign investment transferred through Dominica’s CBI Programme, in fact, contribute to the island’s education and tourism sector, healthcare infrastructure, as well as the creation of environmentally friendly resorts and villas and hurricane-resistant homes for Dominican families.

Established in 1993, the Dominica Citizenship by Investment Programme is one of the longest standing in the citizenship by investment industry, and has welcomed foreign investors from across the globe to obtain citizenship of the nation for over 3 decades.

Contact:
PR Dominica
Nandi.canning@csglobalpartners.com
+27828215664

Hitachi Energy to support major renewable electricity transmission between Canada and New York City

HVDC Light® transmission system will transfer renewable energy for over 1 million New York homes and help achieve the state’s climate goals

Zurich, Switzerland, Sept. 20, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it was selected by Transmission Developers Inc., a Blackstone portfolio company specialized in renewable power development, to supply a high-voltage direct current (HVDC) converter station that is a key part of the transmission solution for the Champlain Hudson Power Express (CHPE) HVDC interconnection between Québec, Canada and the New York City metro area, the United States.

The link will enable the delivery of clean, renewable hydropower between Canada and New York, contributing to New York’s Climate Leadership and Community Protection Act (CLCPA), which aims for the state to be powered by 70 percent renewable energy by 2030.*1 CHPE is expected to decrease CO2 emissions by an average of 3.9 million metric tons per year, equivalent to removing 44 percent of passenger vehicles from New York City.*2

Using Hitachi Energy’s HVDC Light® technology, CHPE will transfer up to 1,250 megawatts of electricity, enough to power 1 million New York households. The link will efficiently transmit electricity for more than 600 kilometers (372 miles) underground from Hertel, Canada, through Lake Champlain and the Hudson River, to an HVDC converter station in Astoria, Queens.*1

HVDC systems have tremendous potential for bringing large amounts of electricity directly into cities, which is essential for securing sustainable and affordable power today and in the future,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “We are proud to play a crucial role in this very important investment in North America’s transition to renewable energy and carbon neutrality.”

“Hitachi Energy’s market leading HVDC technology will ensure efficient and reliable transmission of renewable energy for over 1 million New York homes and help achieve the state’s climate goals,” said Transmission Developers CEO Donald Jessome. “We look forward to beginning construction activity later this year and to delivering an abundance of clean, renewable energy to New Yorkers.”

Power requirements in cities are increasing, especially in densely populated areas where land is already scarce, and difficulties can arise when new right-of-ways must be secured for traditional transmission lines. HVDC technology enables large amounts of high-quality electricity to be delivered where it is most needed with complete control and with a very compact footprint using out-of-sight underground or underwater cables.

The complete CHPE system, of which the HVDC converter stations are the enabling technology, is expected to create more than 1,400 jobs during construction and, during the first 30 years of operation, deliver almost $50 billion in economic benefits to New York state.*1

For the New York site, Hitachi Energy will supply the HVDC Light converter station, that will  convert the DC power from Canada to AC power and make it available for the AC grid in New York.

Kiewit, one of North America’s largest and most respected engineering and construction companies, will be responsible for the civil works for the converter station in New York. The collaboration with Kiewit will combine the core competencies of the two companies to deliver a best-in-class solution.

Note to editors:

Hitachi Energy’s HVDC solution combines world-leading expertise in HVDC converter valves; the MACH™ digital control platform*3, converter power transformers and high-voltage switchgear; as well as system studies, design and engineering, supply, installation supervision and commissioning.

HVDC Light® is a voltage source converter technology developed by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and “power-from-shore” connections to offshore production facilities. HVDC Light’s defining features include uniquely compact converter stations and exceptionally low electrical losses.

Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world’s HVDC projects.

*1 Champlain Hudson Power Express

*2 May 2021 PA Analysis Report

*3 Modular Advanced Control for HVDC (MACH™)

HVDC website:

https://www.hitachienergy.com/offering/product-and-system/hvdc

– End –

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.
https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

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Jocelyn Chang
Hitachi Energy Ltd.
+41 79384 7775
jocelyn.chang@hitachienergy.com

Distinguished Board Director and Former Fortune 100 CIO, Annabelle Bexiga Joins Quantexa Board of Directors

LONDON, Sept. 20, 2022 (GLOBE NEWSWIRE) — Today Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that Annabelle Bexiga is joining their board of directors. Annabelle is currently serving as the non-executive director for DWS Group, Stonex Group (SNEX), and Triton International (TRTN). Prior to her current roles, she served as the CIO Advisor at Zoom with a focus on working with their product development and marketing teams. She also established and chaired Zoom’s Financial Services Industry council.

Annabelle has 30 years of experience in the financial services industry and 11 years in Fortune-100 CIO roles. As a Board Director, Annabelle brings to Quantexa her operational knowledge, as well as public, private, and non-profit board leadership, and advisement experience.

This incredible journey of continuous learning from brilliant technologists and courageous leaders continues through my board and advisory work,” said Annabelle. “I am especially excited to join the board of Quantexa because they truly understand that today in the face of rapidly changing conditions, enterprises need to drive greater accuracy in decisions and innovation with data and analytics technology at the core. The Quantexa team are working to help organizations solve today’s major challenges in utilizing data effectively to improve their operations and the services they provide to their customers.”

“Annabelle’s background includes a diverse set of businesses at firms such as JPMorgan Chase, Zoom, and AIG, as well as residential global experience in New York, Singapore, Tokyo, and Boston,” said Vishal Marria, CEO at Quantexa. “Annabelle has made a fantastic contribution to Quantexa over the last 2 years working as an advisor to our business, so we are thrilled that she will be joining our board of directors. Her experience aligns well with our goals, our culture, and we look forward to incorporating her expertise to help our customers use their data at scale to unify their data, manage risk, ensure compliance, and identify opportunities for efficiency.”

ABOUT QUANTEXA
Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Contextual Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney. For more information, contact Quantexa here or follow us on LinkedIn.


Media Inquiries:

C: Laurel Case, VP, Fight or Flight

T: +1 315 663 6780

E: Quantexa@fightflight.co.uk


C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com
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RapidResponse@quantexa.com