Fifth Flight III destroyer named USS William Charette

first_img Share this article View post tag: US Navy View post tag: Flight III View post tag: Arleigh Burke-class Photo: Photo: US Navy The US Navy’s fifth Flight III Arleigh Burke-class destroyer will be named in honor of Medal of Honor recipient, Hospital Corpsman Master Chief William Charette, US Navy secretary Richard V. Spencer has announced.Charette, a native of Ludington, Michigan, joined the Navy in 1951 and served in the Korean War in the Fleet Marine Force (FMF) as a hospital corpsman attached to Company F, Third Platoon, 2nd Battalion, 7th Marine Regiment, 1st Marine Division.“The actions of Hospital Corpsman William Charette will neither be forgotten or diminished,” Spencer said. “Charette put himself at extreme risk during intense combat to render aid to Marines in need. His efforts saved lives and I am honored that his legacy will live on in the future USS William Charette (DDG 130).”Charette was presented the Medal of Honor for his actions on March 27, 1953, when Chinese soldiers in North Korea attacked and overran two of three Marine hill outposts.Arleigh-Burke class destroyers conduct a variety of operations from peacetime presence and crisis response to sea control and power projection. Flight III destroyers will incorporate a new Advanced Missile Defense Radar (AMDR) that will replace the existing SPY-1 radar installed on the previous DDG 51 ships.The ship will be constructed at Bath Iron Works, a division of General Dynamics in Bath, Maine. The ship will be 509 feet long, have a beam length of 59 feet and be capable of operating at speeds in excess of 30 knots. View post tag: USS William Charettelast_img read more

Australia’s FIRB clears Iberdrola’s takeover bid for Infigen Energy

first_img FacebookTwitterLinkedInEmailPrint分享Renewables Now:The Aussie unit of Iberdrola SA has secured approval from the Foreign Investment Review Board (FIRB) to proceed with its proposed acquisition of renewables company Infigen Energy and its installed wind assets totaling 670 MW.The Spanish renewable energy giant announced the milestone on Tuesday.Iberdrola is offering AUD 0.89 (USD 0.62/EUR 0.55) per share for the Aussie wind developer in what has turned into a fierce battle with UAC Energy Holdings Pty Ltd (UAC). The latter, owned by Philippine conglomerate Ayala Corporation’s AC Energy and Hong Kong-based UPC Renewables Group, at the start of June bought a 12.82% stake in Infigen and made an offer of AUD 0.80 per share for the rest of the stock.Later in June, the group raised its bid to AUD 0.86 per share, thus matching the initial one made by Iberdrola and freed the offer from all conditions apart from the FIRB review. Iberdrola responded by making a counter proposal of AUD 0.89 per share, representing a 3.5% premium to the UAC offer.Infigen’s board has advised investors to reject the UAC bid and take no action in respect of the offer but to support the proposal of Iberdrola. The minimum acceptance condition that calls for Iberdrola to acquire more than 50% of Infigen’s stapled securities has to be met before Iberdrola’s bid expires on July 30.Infigen owns about 670 MW of installed onshore wind capacity along with 268 MW of conventional generation and energy storage firming assets plus 246 MW of additional renewable power purchase agreements (PPAs) with third parties. Also, the company has a 1-GW-plus portfolio of wind and solar projects in different stages of development.[Veselina Petrova]More: Iberdrola gets FIRB clearance for takeover of Aussie Infigen Australia’s FIRB clears Iberdrola’s takeover bid for Infigen Energylast_img read more