Latest news with #VSB
CBC
27-04-2025
- Business
- CBC
Vancouver School Board warns staff of potential privacy breach after 'fraudulent activity'
Social Sharing The Vancouver School Board (VSB) says it is investigating a cybersecurity incident involving its online banking systems that may have exposed some employee information. In a statement to CBC News, the board said it learned about the incident on Wednesday and immediately secured its platform. It says information belonging to employees, tuition fee-payers and vendors may have been placed at risk but that there is no current evidence that data was accessed. "Out of an abundance of caution, we are advising all potentially impacted individuals and companies of this incident," VSB said. "It is important to note that this incident does not impact information of other students and their families." The Vancouver Police Department has been notified and the VSB says it is following protocols set by the Office of the Information and Privacy Commissioner while the investigation continues. "We are committed to maintaining the confidentiality of the impacted individuals and are taking protective measures to prevent further fraud attempts." A letter obtained by CBC News and sent to all VSB employees offers additional details about the breach and advises staff to remain vigilant. WATCH | Your kid's school just sent a cyber incident email. What does it mean? Your kid's school just sent a cyber incident email. What does it mean? 4 months ago Duration 4:12 Cybersecurity expert Ivo Wiens parses some recent cyberattack emails from Canadian school boards, shares what he looks out for and flags questions parents should be asking when (not if) these land in your inbox. According to the letter, there is a potential risk that the attackers may have unlawfully obtained employee names, bank account details, pay amounts and VSB identification numbers. The notice specifies that affected bank account information is limited to accounts used for payroll within the last 180 days. "We are advising all employees to monitor their bank accounts carefully and to contact their financial institution for advice on steps they should be taking given this potential unlawful access to information," the letter reads. Employees are also encouraged to review fraud and identity theft prevention resources. The letter adds that support is available, including help to change payroll deposit information.
CBC
14-04-2025
- Business
- CBC
Vancouver school bus drivers, attendants face pay cut below living wage standards
Social Sharing About 200 bus drivers and attendants contracted by the Vancouver School Board (VSB) have been told their wages will be cut as the VSB will stop being a living wage employer. VSB became a living wage employer in 2022, topping up workers' pay, including contractors, to a living wage — which is calculated based on what two full-time working adults need to earn per hour to meet the basic needs of a family of four, including buying food, paying rent, and other bills. But on April 4, workers were told in an email from their employer First Student Inc. that the school board's living wage supplement had "come to an earlier-than-anticipated close," according to the email viewed by CBC News. "This is terrible news for those workers, who are among the lowest-paid workers at the Vancouver School Board," said Bill Tieleman, spokesperson for the International Union of Operating Engineers Local 963. The workers whose wages are being reduced are not unionized, according to Tieleman. "People in the workplace were crying, as we understand it, just wondering how they're going to make ends meet." Metro Vancouver's living wage in 2024 was $27.05 per hour. Drivers have been told that their wages will drop to $23.40 per hour, while attendants will have their wages sink to $19.65 per hour. VSB said the changes will be in effect "no sooner than" July 1. "With significant yearly fluctuations in the Living Wage rate, VSB can no longer certify as a Living Wage [B.C.] employer and will not be providing contractors with supplemental funding to provide their employees with wages that align with Living Wage [B.C.'s] hourly rate," the board said in a statement to CBC News. 'Incredibly disappointed' Advocacy organization Living Wage B.C. said it's "incredibly disappointed" that VSB will stop being a living wage employer. "At a time when all of us need to come together to face unprecedented economic threats, it has never been more important that workers earn a Living Wage," said provincial manager Anastasia French in a statement. "We urge the VSB to change course and work with partners to find a solution which ensures that all of their direct and contracted staff can earn a Living Wage." VSB said the Public Sector Employers' Council Secretariat sets the mandate for compensation and bargaining for all school districts in the province, and has not mandated districts to provide a living wage. "As the VSB has multi-year collective agreements in place that expire on June 30, 2025, VSB does not have the ability at the local level to increase wages at this time," the school board said.
Yahoo
03-04-2025
- Business
- Yahoo
TotalEnergies boosts renewables portfolio with three acquisitions
French multinational integrated energy and petroleum company TotalEnergies has acquired three renewable energy portfolios across Europe, Africa and North America. In Europe, TotalEnergies has completed the purchase of VSB, enhancing its electricity business, especially in Germany. This acquisition adds more than 15GW to the company's renewable energy pipeline, boosting its total European capacity to above 40GW. The French company also has 7GW of capacity in operation or under construction. TotalEnergies has begun divesting the 440MW Puutionsaari hybrid wind and solar project in Finland, which was developed by VSB. On the African continent, TotalEnergies has finalised the acquisition of hydropower company SN Power. This deal is a strategic element in TotalEnergies' multi-energy strategy, with a particular focus on Uganda where the company already has a stake in exploration and production. The acquisition gives TotalEnergies a 28.3% share in the operational Bujagali hydro project and interests in new projects under development in Rwanda and Malawi. The SN Power acquisition also strengthens TotalEnergies' expertise in hydropower. The company now holds stakes in projects totalling 206MW in Rwanda and 360MW in Malawi, further expanding its renewable energy footprint in Africa. In North America, TotalEnergies has finalised the acquisition of a solar farm in Alberta, Canada, and signed agreements for further wind and solar projects in the region. The company has completed the purchase of the Big Sky Solar facility, which has a capacity of 184MW. The Big Sky Solar facility will sell more than two-thirds of its electricity through a long-term power purchase agreement. The remainder will be sold in the open market, and TotalEnergies will also monetise the carbon credits generated by the facility under Alberta's regulated carbon emissions scheme. TotalEnergies gas, renewables and power president Stéphane Michel stated: 'The completion of these three acquisitions in Europe, North America and Africa will contribute to our targets of 35GW of gross renewable capacity by 2025 and over 100TWh (terawatt hours) of electricity production by 2030. 'These acquisitions strengthen our operations in markets where we are deploying our integrated power business, like Germany and in North America, and in countries, such as Uganda, where we can leverage synergies with our exploration and production activities. 'Furthermore, these acquisitions will contribute to cash flow growth and to our goal of reaching our 12% profitability target in the electricity segment.' In March 2025, TotalEnergies unveiled its plan to invest €160m in six battery storage projects in Germany. "TotalEnergies boosts renewables portfolio with three acquisitions" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Integrated Power: TotalEnergies Closes Three International Acquisitions of Renewable Portfolios
Europe: 500 MW installed or under construction and a pipeline of more than 15 GW of solar and wind projects Africa: 255 MW installed in Uganda and 560 MW of hydropower projects Canada: 180 MW installed and more than 600 MW of solar and wind projects PARIS, April 02, 2025--(BUSINESS WIRE)--Following the agreements signed in 2024, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) confirms the closing of its acquisitions of VSB Group, a European wind and solar developer with extensive operations in Germany, and SN Power, which develops hydropower in Africa, particularly Uganda. TotalEnergies is also announcing new deals with renewables developer RES, with a view to acquiring renewables projects in Alberta, and the closing of a first project acquisition. Europe: TotalEnergies has closed the acquisition of VSB, and is strengthening its integrated electricity business, particularly in Germany This deal strengthens TotalEnergies' integrated electricity business in Germany, which represents half of VSB's portfolio, adding to the recent acquisitions of battery storage developer Kyon Energy and energy manager Quadra Energy, as well as the Company's offshore wind positions in the country. VSB's more than 15 GW pipeline will also increase TotalEnergies' renewables pipeline in Europe to over 40 GW of capacity, in addition to the 7 GW already in operation or under construction. Given its targeted strategy for certain key European markets, the Company has decided to start the divestment process for the VSB-developed Puutionsaari project in Finland (440 MW wind and solar). Africa: TotalEnergies has closed the acquisition of SN Power and is pursuing the implementation of its multi-energy strategy, particularly in Uganda The acquisition of SN Power will allow TotalEnergies to implement its multi-energy strategy in Uganda, where the Company is already active in exploration and production. The Bujagali hydropower plant (225 MW), for example, meets more than 25% of the country's peak electricity demand. The transaction gives TotalEnergies a 28.3% stake in Bujagali, currently operating in Uganda, and a stake in two other projects under development in Rwanda (206 MW) and Malawi (360 MW). The deal also gives TotalEnergies a team of hydropower development experts, strengthening its competencies in this field. Canada: TotalEnergies has signed agreements to acquire certain wind and solar projects and closed the acquisition of a solar farm in Alberta The Company has signed agreements with RES to acquire certain wind and solar projects under development in Alberta, amounting to total capacity of more than 800 MW. TotalEnergies has also just closed the acquisition of Big Sky Solar (184 MW), a solar facility in Alberta that was commissioned at the end of February. More than two thirds of the electricity produced by Big Sky Solar will be sold under a long-term power purchase agreement (PPA). The remainder will be sold on the electricity market by TotalEnergies, which will also sell the carbon credits generated by the facility under Alberta's regulated carbon emissions program. "The completion of these three acquisitions in Europe, North America and Africa will contribute to our targets of 35 GW of gross renewable capacity by 2025 and over 100 TWh of electricity production by 2030", said Stéphane Michel, President, Gas, Renewables and Power at TotalEnergies. "These acquisitions strengthen our operations in markets where we are deploying our Integrated Power business, like Germany and in North America, and in countries, such as Uganda, where we can leverage synergies with our exploration and production activities. Furthermore, these acquisitions will contribute to cash flow growth and to our goal of reaching our 12% profitability target in the electricity segment." *** TotalEnergies and electricityAs part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of 2024, TotalEnergies' gross renewable electricity generation installed capacity had reached 26 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030. About TotalEnergiesTotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations. @TotalEnergies TotalEnergies TotalEnergies TotalEnergies Cautionary NoteThe terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC). View source version on Contacts TotalEnergies Media Relations: +33 (0)1 47 44 46 99 l presse@ l @TotalEnergiesPR Investor Relations: +33 (0)1 47 44 46 46 l ir@ Sign in to access your portfolio
Associated Press
02-04-2025
- Business
- Associated Press
Integrated Power: TotalEnergies Closes Three International Acquisitions of Renewable Portfolios
Following the agreements signed in 2024, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) confirms the closing of its acquisitions of VSB Group, a European wind and solar developer with extensive operations in Germany, and SN Power, which develops hydropower in Africa, particularly Uganda. TotalEnergies is also announcing new deals with renewables developer RES, with a view to acquiring renewables projects in Alberta, and the closing of a first project acquisition. Europe: TotalEnergies has closed the acquisition of VSB, and is strengthening its integrated electricity business, particularly in Germany This deal strengthens TotalEnergies' integrated electricity business in Germany, which represents half of VSB's portfolio, adding to the recent acquisitions of battery storage developer Kyon Energy and energy manager Quadra Energy, as well as the Company's offshore wind positions in the country. VSB's more than 15 GW pipeline will also increase TotalEnergies' renewables pipeline in Europe to over 40 GW of capacity, in addition to the 7 GW already in operation or under construction. Given its targeted strategy for certain key European markets, the Company has decided to start the divestment process for the VSB-developed Puutionsaari project in Finland (440 MW wind and solar). Africa: TotalEnergies has closed the acquisition of SN Power and is pursuing the implementation of its multi-energy strategy, particularly in Uganda The acquisition of SN Power will allow TotalEnergies to implement its multi-energy strategy in Uganda, where the Company is already active in exploration and production. The Bujagali hydropower plant (225 MW), for example, meets more than 25% of the country's peak electricity demand. The transaction gives TotalEnergies a 28.3% stake in Bujagali, currently operating in Uganda, and a stake in two other projects under development in Rwanda (206 MW) and Malawi (360 MW). The deal also gives TotalEnergies a team of hydropower development experts, strengthening its competencies in this field. Canada: TotalEnergies has signed agreements to acquire certain wind and solar projects and closed the acquisition of a solar farm in Alberta The Company has signed agreements with RES to acquire certain wind and solar projects under development in Alberta, amounting to total capacity of more than 800 MW. TotalEnergies has also just closed the acquisition of Big Sky Solar (184 MW), a solar facility in Alberta that was commissioned at the end of February. More than two thirds of the electricity produced by Big Sky Solar will be sold under a long-term power purchase agreement (PPA). The remainder will be sold on the electricity market by TotalEnergies, which will also sell the carbon credits generated by the facility under Alberta's regulated carbon emissions program. 'The completion of these three acquisitions in Europe, North America and Africa will contribute to our targets of 35 GW of gross renewable capacity by 2025 and over 100 TWh of electricity production by 2030', said Stéphane Michel, President, Gas, Renewables and Power at TotalEnergies. 'These acquisitions strengthen our operations in markets where we are deploying our Integrated Power business, like Germany and in North America, and in countries, such as Uganda, where we can leverage synergies with our exploration and production activities. Furthermore, these acquisitions will contribute to cash flow growth and to our goal of reaching our 12% profitability target in the electricity segment.' *** TotalEnergies and electricity As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of 2024, TotalEnergies' gross renewable electricity generation installed capacity had reached 26 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030. About TotalEnergies TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations. TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations. Cautionary Note The terms 'TotalEnergies', 'TotalEnergies company' or 'Company' in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words 'we', 'us' and 'our' may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC). INDUSTRY KEYWORD: OTHER ENERGY UTILITIES ENVIRONMENT OIL/GAS SUSTAINABILITY ALTERNATIVE ENERGY ENERGY SOURCE: TotalEnergies SE Copyright Business Wire 2025. PUB: 04/02/2025 08:31 AM/DISC: 04/02/2025 08:32 AM
