Latest news with #lowcarbon
Reuters
a day ago
- Business
- Reuters
Singapore taps TotalEnergies-RGE JV for subsea link to import clean power from Indonesia
SINGAPORE, May 30 (Reuters) - A Singapore government-appointed company will develop a subsea interconnector with Singa Renewables, a joint venture between Royal Golden Eagle (RGE) and France's TotalEnergies ( opens new tab for low-carbon electricity imports from Indonesia. Singapore Energy Interconnections (SGEI), a company appointed by the Singapore government to oversee the development of interconnections to enable electricity imports into Singapore, said on Friday that it had inked a memorandum of understanding with Singa Renewables for the project. However, the companies did not give any financial details or say when the project would be completed in the statement. The companies said that the project supports Singapore's target of importing up to six gigawatts of low-carbon electricity by 2035 and strengthens its partnership with Indonesia in contributing to realising the vision of the ASEAN Power Grid. In a separate statement, Singa Renewables said it has been granted conditional licence from Singapore's Energy Market Authority to import up to one gigawatt of solar photovoltaic energy from Indonesia to Singapore. Earlier this week, Singapore-headquartered bio-based resources and energy group RGE and TotalEnergies announced that Singa Renewables would develop a utility-scale solar and battery project in Indonesia's Riau Province.
Zawya
2 days ago
- Business
- Zawya
HKQAA International Sustainability Forum • Hong Kong 2025: Support the Government's Roadmap on Sustainability Disclosure, Foster cross-border Cooperation and Green Development
HONG KONG SAR - Media OutReach Newswire - 30 May 2025 - Hong Kong Quality Assurance Agency (HKQAA) held the HKQAA International Sustainability Forum • Hong Kong 2025 at the Convention Hall of Hong Kong Convention and Exhibition Centre. Mr Tse Chin-wan, BBS, JP, Secretary for Environment and Ecology of the Government of HKSAR; Mr Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury of the Government of HKSAR; Dr Chen Gang, Acting SG of BRI International Green Development Coalition; and Mr Gao Guosheng, Member of the Party Leadership Group of the Guangdong Provincial Administration for Market Regulation, Secretary of the Party Committee and Secretary General of the Guangdong Intellectual Property Administration are the officiating guest and special guest. In addition, Dr Bernard Chan, JP, Acting Secretary for Commerce and Economic Development of the Government of the HKSAR, officiated the Thematic Forum – Pathways to the Sustainable Development of the Silver Economy; and Mr Wei Dunsheng, Deputy Mayor of Nanping Municipal People's Government, Fujian Province, officiated the Thematic Forum – Shaping a Sustainable and Livable City: Green Industry, Shared by the World. Linked policymakers and business leaders to explore green opportunities and low-carbon transition of the BRI Sustainable development and low-carbon transition have become a global topic of concern, receiving significant attention from both the business and financial sectors. The Forum invited local and overseas political and business leaders, experts and academics to share their experiences and insights. In the Morning Forum – Seizing Green Finance Opportunities in the Low-Carbon Transition of the Belt and Road Initiative and the Greater Bay Area, the special guest speakers included Dr Zhang Jianyu, Chief Development Officer of BRI International Green Development Coalition; Mr Riyadi Suparno, Executive Director of Tenggara Strategics (speaker from Indonesia); Mr Ronnie Tham, Partner at Treo Capital (speaker from Malaysia); and Mr Leo Horn-Phathanothai, Founder and CEO, Just Transitions Incubator (JUTI) (speaker from Thailand). "We took the lead in launching the Green Finance Certification Scheme in 2018 to help enable Hong Kong to leverage its strengths as a Belt and Road investment and financing platform to attract international capital and boost Belt and Road development. Moreover, we have forged a cooperative relationship with BRI International Green Development Coalition, which is jointly initiated by Ministry of Ecology and Environment of our country and international organisations. We aim to promote exchanges and mutual recognition of carbon standards with BRI countries, strengthen capacity-building training, and foster closer green cooperation," said Ir C. S. Ho, Chairman of the HKQAA. In the Afternoon Forum – Implementing Sustainable Development and Climate Financial Disclosure, the special guest speakers included Representative of Beijing Municipal Finance Bureau; Ms Janey Lai, Chief Executive Officer, The Accounting and Financial Reporting Council; Mr Leng Bing, Member of the International Sustainability Standards Board (ISSB); Prof Liu Yifang, Director, Sustainable Standards Research Center, Central University of Finance and Economics, Professor and PhD Supervisor of School of Economics. Climate Impact GPS Campaign: supporting the Government's roadmap on climate disclosure HKQAA announced on the event that it took the lead in launching the HKQAA Climate Impact GPS Campaign earlier this year in support of the sustainability disclosure policies of our country and the HKSAR Government. This initiative aims to engage organisations, including the banking sector and the listed companies, in building capacity to address climate-related risks and opportunities so as to well prepare required climate-related financial disclosures by offering industry-based technical guidance, workshops and software tools, including the scope 3 greenhouse gas emissions calculation tool. The Campaign is open to organisations at no cost, and nearly 90 participating organisations that joined the Pilot Program were recognised on a presentation ceremony in the Afternoon Session. Participating organisations of the Pilot Program gain prior access to preview relevant industry-based technical guidance, as well as participate in workshops and use the tools. In terms of promoting professional talent development, HKQAA is honoured to be invited to cooperate with the Beijing Municipal Finance Bureau on a sustainability information disclosure pilot and training project, helping the country steadily advance the development of its sustainability disclosure standards system. Moreover, a memorandum of understanding was signed at the Forum by Mr P C Chan, Chief Executive Officer of HKQAA, and Prof Karen Cheung, Director of Hong Kong Institute of Education for Sustainable Development. This memorandum aims to jointly promote the establishment and optimisation of sustainable development talent standards in Hong Kong, enhance talent cultivation and the upgrading of sustainable development skills, effectively drive industry-wide sustainable development, and foster Hong Kong and the entire Greater Bay Area as an international centre for sustainable development talent. ''I would like to take this opportunity to thank the HKQAA for its contributions to the development of green finance in Hong Kong. The HKQAA has been participating in the development of international standards for sustainable finance and launched the Green and Sustainable Finance Certification Scheme (formerly called Green Finance Certification Scheme) in 2018. I am delighted to know that the HKQAA also supports the development of a roadmap for sustainability disclosure in our country by contributing to the Beijing Municipal Bureau of Finance and Economy's pilot project for sustainability disclosure and talent development. At home, it has supported Hong Kong's own disclosure roadmap by establishing industry-specific climate risk tools to help local businesses prepare for future reporting requirements," said Mr Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury, in his remarks via video. Introducing the Effectiveness and Potential Application of Structural Data Disclosure Model for Sustainability Disclosure HKQAA introduced a brand-new structural data disclosure model in 2024, named the "Nexus Data Model". With the meaning of nexus, the objective of the data model is to link material sustainability issues and to connect all stakeholders together. This model is already applied to HKQAA ESG Connect Program, Hong Kong Registration and will be used for other engagement, disclosure or assessment services in the future application. As the evaluation project leader of this data disclosure model, Professor Zhang Lin, School of Energy and Environment of the City University of Hong Kong, shared on the Afternoon Forum the team's finding based on data obtained from the HKQAA ESG Connect Program. The results confirmed that the data model effectively encourages businesses to adopt ESG initiatives and disclose progress on ESG, Carbon Action, Climate Response, and CBAM Ready, while strengthening stakeholder connections. Ultimately, it fosters a sustainable ESG Ecosystem, driving long-term ESG development. Establishing strategic partnership to promote high-quality development in the GBA On the Forum, under the witness of Mr P C Chan, Chief Executive Officer of HKQAA, and Mr Gao Guosheng, Member of the Party Leadership Group of the Guangdong Provincial Administration for Market Regulation, Secretary of the Party Committee and Secretary General of the Guangdong Intellectual Property Administration, a memorandum of understanding was signed by Mr K T Ting, HKQAA's Chief Operating Officer, and Mr Lu Yongchi, Chief Operation Officer of The Guangdong-Hong Kong-Macao Greater Bay Area Certification Promotion Centre. This memorandum aims to deepen cooperation in the field of testing and certification, advance the development of the Guangdong-Hong Kong-Macao Greater Bay Area, promote the alignment of regulatory mechanisms between the mainland and the Hong Kong and Macao regions, and support the high-quality development of the Greater Bay Area. Co-hosting green industry themed forum with the People's Government of Nanping Nanping is endeavouring to become the country's model city of green development, flourishing through its green industries. Co-hosted by HKQAA and the People's Government of Nanping, Fujian Province, Thematic Forum – Shaping a Sustainable and Livable City: Green Industry, Shared by the World focused on topics of carbon measurement, value of ecological products, and the bamboo industry. Mr Wei Dunsheng, Deputy Mayor of Nanping Municipal People's Government, Fujian Province, was the officiating guest of the Thematic Forum. Launched a silver-friendly registration scheme to support the Government's silver economy policy The presentation ceremony of the Hong Kong Green and Sustainability Contribution Awards 2025 was held on the event. The Awards aim to encourage companies to incorporate sustainable practices into their management decisions and daily operations, and recognise their efforts and contributions. Ｏrganisations and venues from Hong Kong, Mainland China and overseas were honoured. This year, "Promote High-Quality Elderly Living", "Promote Silver-friendly Community" and "Promote Halai-friendly Community" categories were newly added to the Awards. The awards of "Promote High-Quality Elderly Living" and "Promote Silver-friendly Community" were presented by Dr Bernard Chan, Acting Secretary for Commerce and Economic Development of the Government of the HKSAR, who also officiated the Thematic Forum – Pathways to the Sustainable Development of the Silver Economy. HKQAA has been launching various certification and registration schemes in line with government policy directions to continuously enhance the professionalism and recognition of the industry. To support the Working Group on Promoting Silver Economy led by the Deputy Chief Secretary for Administration, HKQAA has introduced the HKQAA Hong Kong Registration – Silver-friendly Series. This series aims to guide enterprises in tapping into the silver market through three main aspects – venues, products and services, while also creating a better living environment for the elderly. HKQAA will continue to promote the registration scheme, encouraging more enterprises to participate and jointly respond to the government's policy of promoting the silver economy. "I would like to thank the Hong Kong Quality Assurance Agency for taking the lead in launching the 'Hong Kong Registration – Silver-Friendly Series' in support of the Government's efforts to promote the silver economy. This registration scheme sets out a set of criteria from the perspective of silver consumers, guiding enterprises to enhance their venues, products, and services. I also call on more enterprises to actively take part in the scheme by integrating silver-friendly elements into their daily operations and creating a consumption environment that better caters to the needs and preferences of the silver generation, thereby boosting "silver consumption" and driving economic growth," said Dr Bernard Chan, JP, Acting Secretary for Commerce and Economic Development, in his remarks. Organisation's Sharing on Sustainability Strategies JEC has been a long-standing ally in Hong Kong's sustainability efforts, aligning with the 2050 Net-Zero mission by providing innovative sustainability solutions to both public and private sectors for decades. JEC's AI digital solution and environmental engineering projects deliver real ESG impact, transforming how businesses and cities thrive sustainably. Regarding JEC's innovations are shaping a more sustainable Hong Kong, JEC's vision is to pioneer even smarter and more sustainable engineering innovations, making them accessible across Hong Kong and Asia. JEC's mission contributes to Hong Kong's 2050 Net-Zero future. JEC looks forward to connecting with all sectors to shape a greener tomorrow. First, JEDI, JEC's AI digital solution, optimizes energy and detects faults in buildings. Its algorithms analyze weather forecasts, past energy consumption, equipment pattern and utility bills to build predictive models, ensuring precise energy management. In 2024, JEDI saved over 8 million kilowatt-hJEC'ss and cut over 4 million kilograms of CO2 across grade A commercial buildings, campuses, and transport hubs in APAC. By analysing real-time data, like chiller performance, it slashes energy costs by 8-26%. For instance, in a commercial tower, JEDI's fault detection reduced downtime, boosting efficiency and meeting BEAM Plus standards. Next, through working with the government, JEC's environmental engineering projects strengthen Hong Kong's sustainability. The Tseung Kwan O Desalination Plant, launched in 2023, uses reverse osmosis to supply ultimately increase to 135,000 million litres, equivalent to around 5% of Hong Kong's potable water demand. Its solar panels generate renewable energy to account for 16% of total energy usage, reducing grid dependence by 30% and earning BEAM Plus Platinum certification. The Shek Wu Hui Sewage Treatment Works employs advanced treatment technology, enhancing water quality and earning a 2021 HKIBIM Bronze. At O·PARK2, JEC's waste-to-energy facility handles food waste daily through anaerobic digestion to create biogas for electricity production. This process contributes to exporting significant amounts of energy annually, powering local households, and effectively reducing greenhouse gas emissions. JEC's Pilot Biochar Production Plant in EcoPark, Tuen Mun, processes tonnes of woody waste annually to produce tonnes of biochar, reducing emissions and serving as a soil conditioner and pollutant filter. Hashtag: #HKQAA The issuer is solely responsible for the content of this announcement. Hong Kong Quality Assurance Agency
Malay Mail
2 days ago
- Business
- Malay Mail
HKQAA International Sustainability Forum • Hong Kong 2025: Support the Government's Roadmap on Sustainability Disclosure, Foster cross-border Cooperation and Green Development
HONG KONG SAR - Media OutReach Newswire - 30 May 2025 - Hong Kong Quality Assurance Agency (HKQAA) held the HKQAA International Sustainability Forum • Hong Kong 2025 at the Convention Hall of Hong Kong Convention and Exhibition Centre. Mr Tse Chin-wan, BBS, JP, Secretary for Environment and Ecology of the Government of HKSAR; Mr Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury of the Government of HKSAR; Dr Chen Gang, Acting SG of BRI International Green Development Coalition; and Mr Gao Guosheng, Member of the Party Leadership Group of the Guangdong Provincial Administration for Market Regulation, Secretary of the Party Committee and Secretary General of the Guangdong Intellectual Property Administration are the officiating guest and special guest. In addition, Dr Bernard Chan, JP, Acting Secretary for Commerce and Economic Development of the Government of the HKSAR, officiated the Thematic Forum – Pathways to the Sustainable Development of the Silver Economy; and Mr Wei Dunsheng, Deputy Mayor of Nanping Municipal People's Government, Fujian Province, officiated the Thematic Forum – Shaping a Sustainable and Livable City: Green Industry, Shared by the development and low-carbon transition have become a global topic of concern, receiving significant attention from both the business and financial sectors. The Forum invited local and overseas political and business leaders, experts and academics to share their experiences and insights. In the Morning Forum – Seizing Green Finance Opportunities in the Low-Carbon Transition of the Belt and Road Initiative and the Greater Bay Area, the special guest speakers included Dr Zhang Jianyu, Chief Development Officer of BRI International Green Development Coalition; Mr Riyadi Suparno, Executive Director of Tenggara Strategics (speaker from Indonesia); Mr Ronnie Tham, Partner at Treo Capital (speaker from Malaysia); and Mr Leo Horn-Phathanothai, Founder and CEO, Just Transitions Incubator (JUTI) (speaker from Thailand)."We took the lead in launching the Green Finance Certification Scheme in 2018 to help enable Hong Kong to leverage its strengths as a Belt and Road investment and financing platform to attract international capital and boost Belt and Road development. Moreover, we have forged a cooperative relationship with BRI International Green Development Coalition, which is jointly initiated by Ministry of Ecology and Environment of our country and international organisations. We aim to promote exchanges and mutual recognition of carbon standards with BRI countries, strengthen capacity-building training, and foster closer green cooperation," said Ir C. S. Ho, Chairman of the the Afternoon Forum – Implementing Sustainable Development and Climate Financial Disclosure, the special guest speakers included Representative of Beijing Municipal Finance Bureau; Ms Janey Lai, Chief Executive Officer, The Accounting and Financial Reporting Council; Mr Leng Bing, Member of the International Sustainability Standards Board (ISSB); Prof Liu Yifang, Director, Sustainable Standards Research Center, Central University of Finance and Economics, Professor and PhD Supervisor of School of announced on the event that it took the lead in launching the HKQAA Climate Impact GPS Campaign earlier this year in support of the sustainability disclosure policies of our country and the HKSAR Government. This initiative aims to engage organisations, including the banking sector and the listed companies, in building capacity to address climate-related risks and opportunities so as to well prepare required climate-related financial disclosures by offering industry-based technical guidance, workshops and software tools, including the scope 3 greenhouse gas emissions calculation Campaign is open to organisations at no cost, and nearly 90 participating organisations that joined the Pilot Program were recognised on a presentation ceremony in the Afternoon Session. Participating organisations of the Pilot Program gain prior access to preview relevant industry-based technical guidance, as well as participate in workshops and use the terms of promoting professional talent development, HKQAA is honoured to be invited to cooperate with the Beijing Municipal Finance Bureau on a sustainability information disclosure pilot and training project, helping the country steadily advance the development of its sustainability disclosure standards system. Moreover, a memorandum of understanding was signed at the Forum by Mr P C Chan, Chief Executive Officer of HKQAA, and Prof Karen Cheung, Director of Hong Kong Institute of Education for Sustainable Development. This memorandum aims to jointly promote the establishment and optimisation of sustainable development talent standards in Hong Kong, enhance talent cultivation and the upgrading of sustainable development skills, effectively drive industry-wide sustainable development, and foster Hong Kong and the entire Greater Bay Area as an international centre for sustainable development talent.''I would like to take this opportunity to thank the HKQAA for its contributions to the development of green finance in Hong Kong. The HKQAA has been participating in the development of international standards for sustainable finance and launched the Green and Sustainable Finance Certification Scheme (formerly called Green Finance Certification Scheme) in 2018. I am delighted to know that the HKQAA also supports the development of a roadmap for sustainability disclosure in our country by contributing to the Beijing Municipal Bureau of Finance and Economy's pilot project for sustainability disclosure and talent development. At home, it has supported Hong Kong's own disclosure roadmap by establishing industry-specific climate risk tools to help local businesses prepare for future reporting requirements," said Mr Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury, in his remarks via introduced a brand-new structural data disclosure model in 2024, named the "Nexus Data Model". With the meaning of nexus, the objective of the data model is to link material sustainability issues and to connect all stakeholders together. This model is already applied to HKQAA ESG Connect Program, Hong Kong Registration and will be used for other engagement, disclosure or assessment services in the future the evaluation project leader of this data disclosure model, Professor Zhang Lin, School of Energy and Environment of the City University of Hong Kong, shared on the Afternoon Forum the team's finding based on data obtained from the HKQAA ESG Connect Program. The results confirmed that the data model effectively encourages businesses to adopt ESG initiatives and disclose progress on ESG, Carbon Action, Climate Response, and CBAM Ready, while strengthening stakeholder connections. Ultimately, it fosters a sustainable ESG Ecosystem, driving long-term ESG the Forum, under the witness of Mr P C Chan, Chief Executive Officer of HKQAA, and Mr Gao Guosheng, Member of the Party Leadership Group of the Guangdong Provincial Administration for Market Regulation, Secretary of the Party Committee and Secretary General of the Guangdong Intellectual Property Administration, a memorandum of understanding was signed by Mr K T Ting, HKQAA's Chief Operating Officer, and Mr Lu Yongchi, Chief Operation Officer of The Guangdong-Hong Kong-Macao Greater Bay Area Certification Promotion Centre. This memorandum aims to deepen cooperation in the field of testing and certification, advance the development of the Guangdong-Hong Kong-Macao Greater Bay Area, promote the alignment of regulatory mechanisms between the mainland and the Hong Kong and Macao regions, and support the high-quality development of the Greater Bay is endeavouring to become the country's model city of green development, flourishing through its green industries. Co-hosted by HKQAA and the People's Government of Nanping, Fujian Province, Thematic Forum – Shaping a Sustainable and Livable City: Green Industry, Shared by the World focused on topics of carbon measurement, value of ecological products, and the bamboo industry. Mr Wei Dunsheng, Deputy Mayor of Nanping Municipal People's Government, Fujian Province, was the officiating guest of the Thematic presentation ceremony of the Hong Kong Green and Sustainability Contribution Awards 2025 was held on the event. The Awards aim to encourage companies to incorporate sustainable practices into their management decisions and daily operations, and recognise their efforts and contributions. Ｏrganisations and venues from Hong Kong, Mainland China and overseas were year, "Promote High-Quality Elderly Living", "Promote Silver-friendly Community" and "Promote Halai-friendly Community" categories were newly added to the Awards. The awards of "Promote High-Quality Elderly Living" and "Promote Silver-friendly Community" were presented by Dr Bernard Chan, Acting Secretary for Commerce and Economic Development of the Government of the HKSAR, who also officiated the Thematic Forum – Pathways to the Sustainable Development of the Silver has been launching various certification and registration schemes in line with government policy directions to continuously enhance the professionalism and recognition of the industry. To support the Working Group on Promoting Silver Economy led by the Deputy Chief Secretary for Administration, HKQAA has introduced the HKQAA Hong Kong Registration – Silver-friendly Series. This series aims to guide enterprises in tapping into the silver market through three main aspects – venues, products and services, while also creating a better living environment for the elderly. HKQAA will continue to promote the registration scheme, encouraging more enterprises to participate and jointly respond to the government's policy of promoting the silver economy."I would like to thank the Hong Kong Quality Assurance Agency for taking the lead in launching the 'Hong Kong Registration – Silver-Friendly Series' in support of the Government's efforts to promote the silver economy. This registration scheme sets out a set of criteria from the perspective of silver consumers, guiding enterprises to enhance their venues, products, and services. I also call on more enterprises to actively take part in the scheme by integrating silver-friendly elements into their daily operations and creating a consumption environment that better caters to the needs and preferences of the silver generation, thereby boosting "silver consumption" and driving economic growth," said Dr Bernard Chan, JP, Acting Secretary for Commerce and Economic Development, in his has been a long-standing ally in Hong Kong's sustainability efforts, aligning with the 2050 Net-Zero mission by providing innovative sustainability solutions to both public and private sectors for decades. JEC's AI digital solution and environmental engineering projects deliver real ESG impact, transforming how businesses and cities thrive sustainably. Regarding JEC's innovations are shaping a more sustainable Hong Kong, JEC's vision is to pioneer even smarter and more sustainable engineering innovations, making them accessible across Hong Kong and Asia. JEC's mission contributes to Hong Kong's 2050 Net-Zero future. JEC looks forward to connecting with all sectors to shape a greener JEDI, JEC's AI digital solution, optimizes energy and detects faults in buildings. Its algorithms analyze weather forecasts, past energy consumption, equipment pattern and utility bills to build predictive models, ensuring precise energy management. In 2024, JEDI saved over 8 million kilowatt-hJEC'ss and cut over 4 million kilograms of CO2 across grade A commercial buildings, campuses, and transport hubs in APAC. By analysing real-time data, like chiller performance, it slashes energy costs by 8-26%. For instance, in a commercial tower, JEDI's fault detection reduced downtime, boosting efficiency and meeting BEAM Plus through working with the government, JEC's environmental engineering projects strengthen Hong Kong's sustainability. The Tseung Kwan O Desalination Plant, launched in 2023, uses reverse osmosis to supply ultimately increase to 135,000 million litres, equivalent to around 5% of Hong Kong's potable water demand. Its solar panels generate renewable energy to account for 16% of total energy usage, reducing grid dependence by 30% and earning BEAM Plus Platinum certification. The Shek Wu Hui Sewage Treatment Works employs advanced treatment technology, enhancing water quality and earning a 2021 HKIBIM O·PARK2, JEC's waste-to-energy facility handles food waste daily through anaerobic digestion to create biogas for electricity production. This process contributes to exporting significant amounts of energy annually, powering local households, and effectively reducing greenhouse gas emissions. JEC's Pilot Biochar Production Plant in EcoPark, Tuen Mun, processes tonnes of woody waste annually to produce tonnes of biochar, reducing emissions and serving as a soil conditioner and pollutant #HKQAA The issuer is solely responsible for the content of this announcement.
The Guardian
2 days ago
- Business
- The Guardian
End-of-terrace homes in England and Wales
Royal William Square is a 20-home estate built in 2007 just behind the dunes of Camber Sands beach. On the end of one of the terraces is a three-bedroom house built with a focus on being low carbon. It has a sedum planted green roof and double-glazed timber doors. A communal air-source heat pump services the neighbourhood while solar panels heat the water. There is underfloor heating running downstairs. To enjoy the environment around it, the house has two balconies, a terrace and a patio. £495,000 The Modern House 020 3795 5920 Photograph: PR IMAGE At the end of a multicoloured terrace is a three-bedroom cottage in pale-blue pebbledash – which is fitting, given it is just minutes from the sea. The separate kitchen and sitting room are on the ground floor, with two bedrooms and a bathroom on the first and another bedroom in the eaves, with views across Start Bay. Outside is a courtyard garden and a collection of outbuildings, which have been converted into a store, study and utility room. Halfway between Dartmouth and Kingsbridge, at one end of a beautiful stretch of beach. £475,000. Marchand Petit, 01548 857 588 Photograph: Marchand Petit This Victorian home sits just off Clapham Common Westside in the popular 'between the commons' part of south-west London. It is close to the shops, restaurants, bars and nurseries around Northcote Road with 89 hectares of Clapham Common parkland on its doorstep. Spanning four floors, the handsome house has five bedrooms and five bathrooms and a sociable kitchen with a roof lantern bringing more light into the back of the property. The worktops look out on to the walled and neat low-maintenance garden. £2m. Wilfords, 07896 961 777 Photograph: Wilfords The pretty harbourside village is a few minutes away from St David's, with views over St Brides Bay and even better views of the peninsula from the rocky headland above. On the high street, in the centre of the village, is a stone cottage with three bedrooms. The kitchen runs the width of the property, opening into the dining room. There is a separate living room. For sea swimmers there is an outside hot-water shower in the garden and storage buildings. The EPC energy efficiency rating is down at E with a potential of C. £390,000. Country Living Group, 01434 622 234 Photograph: Country Living Group On Oak Road, one of the sought-after 'tree roads' lined with mature trees and high-value properties, is a three-bedroom, two-bathroom Victorian house with red-brick detailing behind a low stone wall. Recently renovated, there are glazed concertina doors that fold back to link the kitchen and garden. There is a path at the side of the kitchen that has not yet been completed. Within the footprint, the owners have also managed to carve out a wine cellar and a cinema room. Hale station is just a few minutes' walk away. £785,000. Jackson Stops, 0161 928 8881 Photograph: Alex Reay
Yahoo
2 days ago
- Business
- Yahoo
Frontier Infrastructure Advances Power Platform with a Significant Turbine Technology Acquisition, $130 Million Senior Secured Equipment Supply Loan and Strategic Advisory Appointment
Tailwater-backed company accelerates deployment of low-carbon, behind-the-meter energy projects and bolsters leadership team amid rising industrial power demand DALLAS and NEW YORK, May 29, 2025 /PRNewswire/ -- Frontier Infrastructure Holdings ("Frontier" or the "Company"), a leading developer of low-carbon infrastructure across the Mountain West and Texas, today announced a series of strategic developments that reinforce its leadership in scalable power generation. These include the acquisition of 270 megawatts (MW) of gas turbines for behind-the-meter ("BTM") energy projects, the successful closing of a $130 million senior secured equipment supply loan to advance its power platform, and the appointment of veteran power executive Jonathan E. Long as a Board Advisor. Frontier is a portfolio company of Tailwater Capital LLC ("Tailwater"), a private equity firm with a full-immersion approach to energy and environmental infrastructure investing. Technology Equipment Acquisition Strengthens Frontier's Position in BTM Generation Frontier has purchased 270 MW of advanced NovaLT™ gas turbines from Baker Hughes, a key step in launching its first wave of BTM generation sites in Wyoming and Texas. This milestone builds on the companies' broader partnership announced in March 2025, which is focused on enabling large-scale power and carbon capture for energy-intensive operations. Driven by surging electricity needs across sectors like data infrastructure and industrial processing, Frontier's BTM model offers localized, dispatchable power with integrated carbon solutions. The newly acquired turbines will be fast-tracked for deployment to meet this growing demand. "We're seeing a rapid shift in how major power users think about reliability and emissions," said Robby Rockey, President & Co-Chief Executive Officer of Frontier. "With our scalable BTM solutions and the backing of trusted technology from Baker Hughes, Frontier is well-positioned to deliver resilient infrastructure that aligns with the performance and sustainability goals of today's largest energy consumers." $130 Million Senior Secured Equipment Supply Loan to Advance Power Platform To support this turbine acquisition and accelerate development of its power platform, Frontier closed a $130 million senior secured equipment supply loan with Kennedy Lewis Investment Management LLC ("Kennedy Lewis"), acting as Sole Lead Arranger. Combined with equity investment, the loan will fund near-term procurement of power generation equipment. "Kennedy Lewis' investment in Frontier represents a pivotal step in scaling our power generation platform and positions us to build incumbency in the BTM space" said Steven Lowenthal, Co-Chief Executive Officer of Frontier. "We are grateful to Kennedy Lewis and our advisors at PEI and Davis Polk for ensuring a quick and seamless transaction." PEI Global Partners ("PEI") served as Sole Financial Advisor to Frontier, with a deal team led by Sky Fabian and Karsten Schmitz. Davis Polk & Wardwell LLP acted as Borrower's Counsel, while Akin Gump Strauss Hauer & Feld LLP represented the Lender. Jonathan E. Long Joins Frontier as Strategic Board Advisor To support its continued growth and infrastructure development, Frontier has appointed Jonathan E. Long as a Board Advisor. Long brings more than three decades of experience in power generation and infrastructure, most recently serving as Vice President of Power Development at Entergy. He will advise Frontier as it scales its BTM and CCS platforms to serve energy-intensive customers. "We are excited to welcome Jon to the Frontier team," said Stephen Lipscomb, Partner at Tailwater Capital. "His deep industry knowledge and leadership in large-scale energy projects will be instrumental in advancing our mission to provide reliable, low-carbon energy solutions to high-demand sectors." About Frontier Frontier Infrastructure Holdings, LLC is a leading developer of low-carbon infrastructure solutions across the Mountain West and Texas, specializing in integrated power generation and carbon capture and storage projects. The company is at the forefront of industrial decarbonization, providing scalable, permanent carbon storage and behind-the-meter power solutions to support growing regional energy demand. For more information, please visit About Kennedy Lewis Kennedy Lewis is an alternative credit manager founded in 2017 by David K. Chene and Darren L. Richman with $28 billion under management across private funds, a business development company, and collateralized loan obligations. The firm seeks to deliver attractive risk adjusted returns for clients by investing across the credit markets through its opportunistic credit, homebuilder finance, core lending and broadly syndicated loan strategies. Visit us at About Tailwater Capital Dallas-based Tailwater Capital is an energy and environmental infrastructure private equity firm with a well-established track record of working constructively with proven management teams to deliver value-added solutions. Tailwater has raised more than $5 billion in committed capital since inception and the team has executed more than 235 transactions representing over $26 billion in value. For more information, please visit About PEI PEI Global Partners Holdings LLC is an independent, closely held investment bank with offices in New York City, Tampa and Hong Kong, specializing in the power, energy, and infrastructure sectors. PEI advises financial sponsors, developers and corporate clients on mergers and acquisitions, divestitures, financings, private placements, and other strategic transactions. For more information on PEI, please visit Frontier Media RelationsJill McMillanManaging Director, Communications & Public Affairs+1 214-489-7047jmcmillan@ John SchaufeleManaging Director, Investor Relations & FundraisingPhone: 214-489-7043Email: jschaufele@ For Inquiries Related to Frontier Infrastructure:Email: info@ View original content to download multimedia: SOURCE Frontier Carbon Solutions Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
