Macquarie Group Moves Deeper Into Renewables

first_img FacebookTwitterLinkedInEmailPrint分享Australian Financial Review:When shares in Macquarie Group came within a whisker of cracking the $100 mark on Friday it was a sign of the growing market confidence that its 14,000 employees in 27 countries would continue to prove adept at making humungous amounts of money. Macquarie stock hit an intra-day high of $99.75 on Friday, about 50¢ higher than the previous record high set in May 2007.The move toward $100 a share comes soon after Macquarie employees sent a clear message to chief executive Nicholas Moore to direct the bank’s energies toward servicing a low-carbon economy.Employees were asked where the best money-making opportunities would be in the years ahead. They came back with three words – renewables, infrastructure and technology.In calendar 2016, the total amount of new investment in renewable energy projects in the world was $US240 billion, according to Tim Bishop, who heads Macquarie Capital. He said that outstripped the $US180billion invested in all other infrastructure projects in the world including rail, ports and airports.Bishop says the growth rates baked into renewable expansion are hard to comprehend. Macquarie’s own forecasts are for $US1 trillion in investment in renewables infrastructure over the next five years. Bishop says about $US600 billion of this will be in Asia.Earlier this year a Macquarie-led consortium comprising Macquarie Group, Macquarie European Infrastructure Fund 5 and Universities Superannuation Scheme completed the acquisition of the UK Green Investment Bank from the British government for £2.3 billion.Bishop says this acquisition was a turning point for Macquarie in Europe because it not only acquired one of the region’s largest group of bankers with expertise in renewables it got control of a pipeline of renewable projects.If Macquarie plays its cards right it could well become the global leader in financing green infrastructure projects using a combination of debt and equity. This would give it a distinctive differentiation from other investment banks in the United States, Europe and Asia.To be brutally honest these banks are caught up with traditional business models focused on high-risk trading in financial markets and fighting to win the next M&A transaction. Macquarie has an opportunity to dominate the renewable energy space because of its unique business model. That model has evolved rapidly since the global financial crisis.Its specialist alternative asset manager, Macquarie Infrastructure and Real Assets, is a leading renewable energy investor. Since 2010 it has invested or arranged about $15 billion of investment into renewable energy projects.Moore says that the past 12 months has seen a tipping point in the relative attractiveness of renewable energy.“There’s a number of important landmarks that we’ve seen in recent times that really shows that green energy is coming into its own,” he says. “There was an auction for offshore power in Germany in the last 12 months which was significant. This auction was for offshore wind power – wind farms built in the North Sea. We noted that the winner actually was with a zero subsidy from the government.”More ($): Macquarie Group sees big dollars in renewable energy investment Macquarie Group Moves Deeper Into Renewableslast_img read more

Ohio Ag Weather and Forecast September 20, 2019

first_imgShare Facebook Twitter Google + LinkedIn Pinterest A few minor tweaks to the outlook this morning as we head into the weekend. WE still see only one “good” rain threat, but the atmosphere may end up being a little more unsettled on those other days where rain is not expected as much. Here is what we mean.Today turns out partly to mostly sunny and warm. Conditions should be very similar to yesterday. Tomorrow also remains warm, but we expect a bit of an increase in clouds, in fact, we cant rule out a few chances for isolated showers across Ohio, bringing a few hundredths to a tenth…but coverage will be under 20%. WE are back to fully dry weather all day Sunday, but clouds start to thicken up late afternoon and evening ahead of our cold front arrival.That front moves through Ohio on Monday. Rains do not look all that impressive, and we really think that thunderstorms will not be an issue anywhere. Therefore, we are lowering rain totals to a few hundredths to half an inch with coverage at 80% of the state. A majority of that will be .25″ or less. This system, as we mentioned yesterday, is falling apart and losing its moisture as it moves east, so we just don’t get very much here. If the front can tap into another source of moisture, rain totals can be higher.Tuesday through Sunday of next week we are starting to see a rather interesting pattern. The overall feel is somewhat unsettled, as there is just a bit of moisture dancing around the state through that 6 day stretch. However, there is no organization to go along with that minor moisture…so we don’t think it develops into much. For now, we will be looking at a mix of clouds and sun each day, and while we cant rule out that isolated shower or two on any given day, we think the overall period will be mostly dry. Temps will be cooler behind the front on Monday, but will not be cold. In fact, one could expect near normal temps as we finish out the month.10 day cumulative rain potentialFor the extended period, we have showers for Monday the 30th, but minor totals, and after a dry start to October on Tuesday, we have a significant round of rain and thunderstorms for Wednesday the 2nd. Those rains can total .1″-1″ with coverage at 90%. Then we are dry to finish the 11-16 day period for Thursday the 3rd through Saturday the 5th.last_img read more

How We Learn

first_imgThere are many ways to learn.We make a guess based on a hunch or intuition. We take some action to test our hypothesis. The results tell us whether or not we guessed correctly. We learn whether or not what we believed was true or whether it was false. Either way, we learn.Sometimes instead of taking an educated guess, we just go ahead and take some action with absolutely no idea whether or not what we are doing is right or if it will work. We throw something at the wall and see if anything sticks. Something happens, and sometimes that something is nothing. If we’re smart enough to pay attention, we make some observations about what happened (or didn’t), and we learn from this experience.Often something happens and we just happen to be there when it does. We recognize that something happened and we learn from that observation without having to experience it for ourselves.This is where insights come from. Sometimes we have enough experience and situational knowledge to come up with a theory and test it. Sometimes we just need to throw something against the wall. And sometimes we pay close enough attention to what is going on around us to notice some novelty.This is how we learn.QuestionsWhat hypothesis should you be testing right now?What kind of result should you try to get by taking different actions even when you have no idea what to expect?What have you observed in the last 14 days that gave you some new idea or insight you can use? Essential Reading! Get my 2nd book: The Lost Art of Closing “In The Lost Art of Closing, Anthony proves that the final commitment can actually be one of the easiest parts of the sales process—if you’ve set it up properly with other commitments that have to happen long before the close. The key is to lead customers through a series of necessary steps designed to prevent a purchase stall.” Buy Nowlast_img read more

Perasol believes top Maroons playmaker will get better with Mighty stint

first_imgDon’t miss out on the latest news and information. LATEST STORIES Private companies step in to help SEA Games hosting Press corps honors united PBA board with President’s Award SEA Games: Biñan football stadium stands out in preparedness, completion Sports Related Videospowered by AdSparcRead Next Is Luis Manzano planning to propose to Jessy Mendiola? “I am sure that whatever experience Juan will gain from the Dubai tournament, he will share to his teammates,” added Perasol.The UP Maroons beat the twice-to-beat Falcons in the semifinals to advance to the Finals for the first time in 32 years, with De Liaño coming up with clutch performances anchored on his hot shooting.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool stars View comments MOST READ PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss SEA Games: Biñan football stadium stands out in preparedness, completion University of the Philippines coach Bo Perasol believes that playmaker Juan Gomez de Liaño would become a better player after his stint with the Mighty Sports in the Dubai International Basketball Tournament slated on Feb. 1 to 9.“I personally know the strength of the competition there. I am sure that Juan will gain tremendously from that tournament,” said Perasol of his veteran guard, who made heads turn with his performance during the team’s Final Four duel with Adamson in the UAAP.ADVERTISEMENT LOOK: Joyce Pring goes public with engagement to Juancho Triviño LOOK: Joyce Pring goes public with engagement to Juancho Triviño SEA Games hosting troubles anger Duterte TS Kammuri to enter PAR possibly a day after SEA Games openinglast_img read more

Angry Albertan convoy gaining momentum before even hitting the road to Ottawa

first_imgCALGARY (660 NEWS) – Now is the winter of many Albertan’s discontent. A cavalcade of angry truckers and pipeline workers are planning to head to the nation’s capital in order to demand action for the struggling oil and gas sector.A convoy to Ottawa planned for next month aims to get the federal government to start building pipelines in Canada.Glen Carritt is one of the organizers of this convoy.He tells City News the rallies held in Nisku, Grande Prairie, Drayton Valley, and other small towns haven’t been enough.“We just feel the current government is not listening. We feel the only way we are going to get the message across is for us to be on their doorstep in Ottawa.”Carritt said there is support for this move from across the country and not just in Alberta.“We’re all hurting, and they all know the cause. There’s going to be all kinds of big companies involved sending trucks that would normally be working at this time. So that should be a message in itself that these trucks are sitting, so they are willing to go to Ottawa.”He believes a lack of action from the federal government means people are out of work and angry.“Let’s face it, none of us want to have to do this. We have got a lot better things to do than have to go to Ottawa, but we are forced. Our hand is forced because we are not happy with the current government.”RELATED: More rallies held to support pipelines; speaker says convoy coming to OttawaCarritt notes there are two GoFundMe pages set up to raise money for fuel costs and other expenses along the way. also wants to point out this groups is trying to be as non-partisan as possible.“As far as voting in the next election, everybody is going to have to make that decision for themselves. We are not on any bandwagon other than we’re not happy with what is going on right now.”last_img read more