Latest news with #DavidVernon
Yahoo
28-04-2025
- Business
- Yahoo
Solar farm proposals increase in size
Plans for a solar farm near Spalding have increased in size by around 200 hectares since they were first announced. The Meridian Solar Farm, which would generate electricity for more than 200,000 homes, was originally estimated at 900 hectares last year. The developer Downing Renewable Developments said it is still fine-tuning the proposals and wanted to hear from residents before a planning application is submitted. Stage two of the company's consultation began on 24 April and runs until the 8 June, with three in-person events for members of the public. Information put out by the developer said only around 600 hectares would actually have solar panels on, with the rest holding infrastructure such as cables and battery storage. Most of the project would be focused near Spalding and Crowland, with a fourth area to the east near Sutton St Edmund. David Vernon, head of nationally significant infrastructure projects at DRD, said: "We're inviting the public to learn more about and provide feedback on our developed proposals, which is important to help us shape our final designs. "We encourage anyone with an interest in Meridian Solar to take part in the consultation," he added. According to the Local Democracy Reporting Service, it is expected that the plans will be submitted later this year. If approved, the project would be operational by about 2029 and would produce renewable energy for up to 40 years. The Meridian Action Group, who are campaigning against the solar farm, say it's vital that residents make their feelings heard. The group say the facility should be placed on brownfield land instead of good quality farmland, which they believe would threaten food security. Spokesman Paul Smith said: "Be in no doubt, without comments from the public, especially those to be most affected, this scheme will steamroller through exactly as proposed. "Your comments, views and opinions will only count if you express them now," he added. The public consultation meetings will be held at: Sutton St Edmund Village Hall – Saturday 10 May, 10:30 – 16:30 BST Crowland Snowden Pavilion – Wednesday 21 May, 14:00 – 20:00 Weston Village Hall – Thursday 22 May, 14:00 – 20:00 Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Europe's biggest solar farm 'could desecrate fens' Council leader hits back in solar farm land debate English farmland could be cut by 9% to hit green targets Local Democracy Reporting Service
Globe and Mail
15-04-2025
- Business
- Globe and Mail
Bernstein Remains a Buy on United Parcel (UPS)
Bernstein analyst David Vernon maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $179.00. The company's shares closed yesterday at $98.67. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. According to TipRanks, Vernon is a 3-star analyst with an average return of 2.4% and a 46.58% success rate. Vernon covers the Industrials sector, focusing on stocks such as Southwest Airlines, United Airlines Holdings, and Delta Air Lines. In addition to Bernstein, United Parcel also received a Buy from Raymond James's Patrick Brown in a report issued on April 8. However, on April 7, Morgan Stanley maintained a Sell rating on United Parcel (NYSE: UPS). Based on United Parcel's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $25.3 billion and a net profit of $1.72 billion. In comparison, last year the company earned a revenue of $24.92 billion and had a net profit of $1.61 billion
