World News – US – AppHarvest, a pioneer developer and operator of large-scale, sustainable indoor environment-controlled farms, to become a public agtech company

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MOREHEAD, Ky, Sept February 29, 2020 – AppHarvest (“the Company”), developer and operator of large-scale, high-tech controlled environment indoor farms, and Novus Capital Corp (Nasdaq: NOVS) (« Novus Capital »), a publicly traded special purpose acquisition company, today announced a definitive agreement for a business combination that would make AppHarvest a public company Upon closing of the transaction, the company merged will be called AppHarvest and is expected to remain listed on Nasdaq under a new ticker symbol The merged company will be led by Jonathan Webb, founder of AppHarvest, &, CEO

AppHarvest is redefining American agriculture by developing modern, large-scale and efficient inland farms in the central Appalachian Mountains, a water-rich region strategically located within a day’s drive of about 70% of the US people AppHarvest has close relationships with the leading agricultural and construction companies and universities in the Netherlands, the world leader in high-tech indoor controlled environment farms The Netherlands, despite having a land mass similar to Kentucky oriental, are the second largest agricultural exporter in the world behind the United States solely because of their extensive network of environmentally controlled agricultural facilities These relationships allow the company to use the most recent proven technologies with the aim of sustainably increasing crop yields, improving access to nutritious and non-GMO foods, building a consistent and safe U of National Grocers’ Food Supply and Increased Investment in Appalachia The company operates a 60-acre, environmentally controlled agricultural facility in Morehead, KY – one of the largest high-tech greenhouses in the world – and has an active development pipeline for other large scale farm projects in controlled indoor environment

Upon closing of the transaction, AppHarvest will retain its highly experienced management, a team of producers with over 140 years of agricultural experience, including 120 years of experience in sustainable agriculture, a sustainability team with over 40 years of experience; and construction managers who have successfully managed over $ 19 billion in projects

Additionally, AppHarvest announced that Peter C Halt has joined the management team as CFO m Halt is a seasoned finance professional with several years of experience as CFO of a listed company Stock Exchange, having recently served as Chief Financial Officer of TiVo Corporation, until its announced acquisition by Xperi Corporation

« We are delighted to be making the transition from AppHarvest to a public company and raising almost half a billion dollars in the process » said Jonathan Webb, Founder & CEO of AppHarvest « This will enable us to continue our mission of transforming agriculture A mission that has become even more important since the global pandemic revealed how growing dependence on imports compromises food security We now know that to build a more resilient food system that responds to the growing demand of our population, we must immediately start building environmentally controlled farming facilities, as these farms use much less resources to produce many more products We believe this partnership with Novus Capital is a transformative transaction that will allow us both to rapidly scale our agricultural facilities, in pursuit of our goal of redefining American agriculture, and to build the country’s AgTech capital in the Appalachians. Together we can transform agriculture « 

Bob Laikin, President of Novus Capital, said: “AppHarvest is a unique and compelling investment opportunity that is redefining American agriculture by improving access for all to non-GMO fresh produce, growing more with less. resources and creating an AgTech Appalachian hub With significant favorable winds from increased investor focus on ESG initiatives and the age-old shift to plant-based foods, we believe AppHarvest is well positioned to execute its strategy rapid growth and value creation »

David Lee, Chief Financial Officer of Impossible Foods and Member of the Board of Directors of AppHarvest, said: “AppHarvest is working to address the critical need for a more resilient and sustainable food supply chain – two building blocks for the future of agriculture, our food ecosystem and our ability to ensure food security I believe the company is building a scalable business that could revolutionize the food production business in the United States « 

Dave Chen, CEO of Equilibrium Capital and Member of the Board of Directors of AppHarvest, said: “Jonathan Webb is exceptional at delivering large, complex projects quickly and with the utmost precision. He is the right leader for AppHarvest’s disruptive mission Additionally, through his leadership, AppHarvest has brought together some of the most talented people in the AgTech industry to lead at the scale needed I am extremely excited to see the fruits (or vegetables as the case may be!) Of the work of this team, as they implement their plans to change food production in the United States. »

Martha Stewart, Founder of Martha Stewart Living Omnimedia and Board Member of AppHarvest, said: “All Americans should believe in AppHarvest’s mission to develop large-scale sustainable food production in the heart of the Central Appalachians Jonathan and his exceptional team are best disrupting the food production ecosystem – to deliver better, healthier food in a more sustainable way « 

Jré Vance, Narya Capital Partner and Member of the Board of Directors of AppHarvest, said: “AppHarvest is developing a world-class food production ecosystem for the benefit of a majority of consumers in the United States, right here in the central Appalachian This region offers enormous resources in terms of location, and in terms of skilled and hardworking people in the region who make this incredible mission possible « 

Jeffrey Ubben, Founder and Managing Partner of Incluse Capital Partners and Member of the Board of Directors of AppHarvest, said: “Our investment platform is all about leveraging capitalism and governance to research a healthy planet and the health of its inhabitants – and AppHarvest is perfectly aligned with this mission « 

The business combination values ​​AppHarvest at $ 1.0 billion pro forma value, at $ 10.00 per share PIPE price and assuming minimum redemptions by Novus Capital shareholders The transaction will provide $ 475 million in gross proceeds to the company, of which $ 375 million fully committed in PIPE common stock at $ 1000 per share anchored by existing and new investors – including Fidelity Management & Research Company, LLC, Inclusive Capital and Novus Capital Corporation Assuming minimal buybacks, this transaction is expected to provide AppHarvest with more than $ 435 million in liquidity unrestricted at closing, which will be primarily used to fund operations, including the construction of high-tech, environment-controlled indoor farms, to support growth and other general purposes.In addition, AppHarvest has issued a convertible 30 million dollars to Inclusive Capital which was funded on September 28, 2020 The proceeds from the convertible note will be primarily used to fund operations, including the development of new high-tech, environment-controlled indoor farms, during the period prior to closing of this transaction This note will be converted into ordinary shares of AppHarvest as part of the closing of this transaction

The boards of directors of each of Novus Capital and AppHarvest have unanimously approved the transaction The transaction will require the approval of the shareholders of Novus Capital and AppHarvest, and is subject to other customary closing conditions , including obtaining certain regulatory approvals The transaction is expected to close at the end of the fourth quarter of 2020 or the beginning of the first quarter of 2021

Additional information on the proposed transaction, including a copy of the merger agreement and an investor presentation, will be provided in a current report on Form 8-K to be filed by Novus Capital with the Securities and Exchange Commission and will be available on wwwsecondegov

Cowen acts as sole investment agent and financial market advisor, and Blank Rome LLP acts as legal advisor to Novus Capital Cowen acts as financial advisor and Cooley LLP acts as legal advisor to AppHarvest

Novus Capital and AppHarvest to host a joint conference call with investors to discuss the proposed transaction on Tuesday, September 29, 2020 at 8:30 a.m. ET

Interested parties can listen to the prepared remarks by telephone by dialing (877) 425-9470, or for international callers, (201) 389-0878 A telephone replay will be available until October 13, 2020 by dialing ( 844) 512-2921, or for international callers, (412) 317-6671 and entering the access code: 13710943

AppHarvest is an applied technology company that builds some of the world’s largest inland farms in the Appalachians The company combines conventional farming techniques with cutting-edge technology and tackles key issues, including improving the  » access for all to nutritious food, more sustainable agriculture, building a local food supply and increasing investment in the Appalachians The company’s 60-acre facility in Morehead, KY is one of the largest inland farms in the US For more information visit https: // wwwrécoltecom /

About Novus Capital Corporation Novus Capital raised $ 100 million in May 2020 and its securities are listed on the Nasdaq under the ticker symbols “NOVS and“ NOVSW ”Novus Capital is a blank check company organized for the purpose of to carry out a merger, a share exchange, an asset acquisition, a share purchase, a recapitalization, a reorganization or any other similar business combination with one or more companies or entities Novus Capital is headed by Robert J Laikin and Larry Paulson, who have significant hands-on experience helping high-tech companies optimize their existing and new growth initiatives by leveraging information from rich data assets and intellectual property that already exist in most high tech companies For more information, please visit https: // novuscapitalcorporationcom /

Certain statements included in this press release that are not historical facts are forward-looking statements for the purposes of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 Forward-looking statements are generally accompanied by words such as « believe », « may », « want », « estimate », « continue », « anticipate », « intend », « expect », « should », « would », «  » Plan  » , « predict », « potential », « appear », « seek », « future », « prospects » and similar expressions which predict or indicate future events or trends or which are not statements on historical matters All statements, other than statements of present or historical facts included in this presentation, regarding the proposed acquisition by Novus Capital of AppHarvest, the ability of Novus Capital to complete the transaction, the benefits of the transaction and the performance f future financial statements of the merged company, as well as the company’s strategy, future operations, estimated financial position, estimated income and loss, projected costs, outlook, plans and objectives of management are statements forward-looking statements These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the respective management of AppHarvest and Novus Capital and are not forecasts of actual performance. These forward-looking statements are provided for illustration purposes only and are not intended to be used as, and should not be relied upon, any guarantee, assurance, prediction or definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions Many actual events and circumstances are beyond the control of AppHarvest and Novus Capital These forward-looking statements are subject to a number of risks and uncertainties, including including changes in domestic and foreign affairs, market, financial, political and legal conditions; the inability of the parties to successfully or timely complete the proposed transaction, including the risk that regulatory approvals will not be obtained, be delayed or be subject to unforeseen conditions that could adversely affect the combined company or expected benefits of the proposed transaction or that shareholder approval of Novus Capital or AppHarvest is not obtained; failure to realize the anticipated benefits of the proposed transaction; risks related to the uncertainty of projected financial information with respect to AppHarvest; risks related to the deployment of AppHarvest’s business and the timing of expected business milestones; the effects of competition on AppHarvest’s business; the amount of redemption requests made by shareholders of Novus Capital; the ability of Novus Capital or AppHarvest to issue shares or equity-linked securities or to obtain debt financing in connection with the proposed transaction or in the future, and the factors discussed in the final prospectus of Novus Capital dated May 15, 2020 under the heading “Risk Factors”, And other documents that Novus Capital has filed or will file with the SEC If any of these risks materialize or if our assumptions prove to be incorrect, the results actuals could differ materially from the results implied by these forward-looking statements There may be additional risks that neither Novus Capital nor AppHarvest is currently aware of, or that Novus Capital or AppHarvest currently considers to be immaterial, which could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Novus Capital and AppHarvest’s expectations, plans or forecasts regarding future events and views as of the date of this press release. Novus Capital and AppHarvest anticipate that subsequent events and developments will cause the valuations of Novus Capital and AppHarvest to change. However, while Novus Capital and AppHarvest may choose to update these forward-looking statements at some point in the future, Novus Capital and AppHarvest specifically disclaim any obligation to do so These forward-looking statements should not be taken as representing evaluations of Novus Capital and AppHarvest as of a date subsequent to the date of this press release. Therefore, one should not place undue reliance on forward-looking statements

In connection with the proposed transaction, Novus Capital will file a registration statement on Form S-4 (the “Registration Statement”) with the SEC, which will include a preliminary proxy circular for distribution to holders of ordinary shares of Novus Capital in connection with the solicitation of proxies by Novus Capital for the vote of the shareholders of Novus Capital regarding the proposed transaction and other matters as described in the registration statement, as well as the prospectus relating to the offer of securities to be issued to AppHarvest shareholders in connection with the proposed transaction Once the registration statement has been filed and declared effective, Novus Capital will send a definitive proxy circular, when will be available to its shareholders. Investors and security holders and other interested parties are urged to read carefully nt and in full the Proxy Circular / Prospectus, any amendments thereto and any other documents filed with the SEC as they become available, as they will contain important information about Novus Capital, AppHarvest and the proposed transaction. investors and securityholders may obtain copies of the Proxy Circular / Preliminary Prospectus and Proxy Circular / Final Prospectus (if applicable) and other documents filed with the SEC by Novus Capital free of charge. via the website maintained by the SEC at http: // wwwsecondegov, or by directing a request to: Novus Capital Corporation, 8556 Oakmont Lane, Indianapolis, IN 46260 Information contained or accessible through the websites referenced in this release press releases are not incorporated by reference and do not form part of this press release

Novus Capital and its directors and officers may be considered participants in the solicitation of proxies from the shareholders of Novus Capital in connection with the proposed business combination Securityholders may obtain more detailed information regarding names, affiliations and interests of certain senior officers and directors of Novus Capital in the solicitation by reading the final prospectus of Novus Capital filed with the SEC on May 15, 2020, the registration statement / proxy circular and other relevant documents filed with of the SEC in connection with the business combination when it becomes available Information regarding the interests of the participants of Novus Capital in the solicitation, which may, in some cases, be different from those of their shareholders in general, will be presented in the registration statement / solicitation circular business combination powers of attorney when available

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PARIS, Sep 29, 2020 / PRNewswire / – In 2019, total sales of art auctions in France increased by 18% compared to 2018, reaching a record high of US $ 830 million and consolidating the country’s fourth place in the world ranking of the main national market places But it is not yet a direct competitor of the United Kingdom which has generated a turnover 25 times higher in the auction sector of art

« France has several advantages, however, recalls Thierry Ehrmann, CEO and founder of Artmarketcom and its Artprice department, » and in particular its hidden stock of old masterpieces, some of which are generally found in theaters every year sales of the country But it takes all the know-how of an expert of the Old Masters to defend their value and their rightful place in the History of Art The quality of the work carried out by French art experts is today ‘hui recognized worldwide « 

Eric Turquin, expert in old masters paintings, admits that the sale of the small devotional panel attributed to the master of Vyssi Brod was probably his company’s biggest achievement in 2019 And yet it has been an emotional year since Cabinet Turquin was heavily involved in the sale of Caravaggio de Toulouse in June 2019 (finally sold privately), of the Cimabue painting in October and even of a work by Artemisia Gentileschi in November

However, the attribution of this small panel to the artist known as the Master by Vyssi Brod, a 14th century Gothic painter from Prague, was indeed a real tour de force. It took a lot of patient research to back up this delicate attribution, but it ultimately demonstrated the exceptional value of this small painting Nine bidders competed for it in Dijon and it eventually went to the Benappi Fine Art Gallery which purchased the work for $ 6 8 million on behalf of the Metropolitan Museum of Art in New York

An intense research dossier was also triggered by the discovery of a bronze bust of Paul Phelypeaux de Pontchartrain, one of Henri IV’s ministers When auctioneer Geraldine d’Ouince saw it for the first time, she exclaimed: « This cannot be the 17th century … it would be too good to be true … no longer exists! … » Busts from this period are indeed extremely rare, even in museums most prestigious, and they are totally absent from the Mais market, with the help of Elodie Jeannest and Alexandre Lacroix of the Sculpture expertise firm & Collection (also based at 69 rue Sainte-Anne in Paris, next to the Cabinet Turquin), they were able to establish that the bronze dated from the first half of the 17th century

In total, Géraldine d’Ouince recognized before the public sale that the estimate provided in the catalog – between $ 550,000 and $ 885,000 – could be largely exceeded, and indeed the bust of Paul Phélypeaux reported nearly of $ 3 4 million

While it represents a niche market in the United States generating barely 3% of the total turnover of the American art market, the old masters segment represents up to 14% of the turnover art auctions in France Last year this segment benefited from the excellent work of the country’s consulting firms, often involving extensive research that is absolutely necessary before an auction house can hope to attract buyers informed and convinced

When an appraisal report is both convincing and conclusive, the news of the sale seems to spread almost by itself The media and the art market are fond of stories of works of art. forgotten or poorly attributed art that gradually regain its rightful place in art history as research advances and evidence accumulates In the end, technical analyzes, x-rays and comparisons with other masterpieces are presented in an auction catalog… and the true identity and history of the work is revealed

The excellent results hammered out in France in 2019 have proven that once the expert report has been duly established, the sale of the piece can take place outside the major capitals – in places like Toulouse, Dijon or even in the small town of Senlis – and still attract the biggest collectors and museums in the world

1 CIMABUE (c 1240/50-c 1302) – Christ mocks $ 26,780,000 – (Estimate: $ 4,400,000 – $ 6,600,000) 10/27/2019, Hotel des Ventes de Senlis

2 Master of Vyssi BROD (act1350-) – The Virgin and Child on the Throne $ 6,833,000 (Estimate: $ 440,000 – $ 660,000) 11/30/2019, Cortot & Associes, Dijon

4 Antonio SUSINI (Attrib) (1558-1624) – Abduction of a Sabine (c1590-1610) $ 4,985,000 (estimate: $ 2,775,000 – $ 5,545,000) 11/12/2019, Sotheby’s, Paris

5 Giambettino CIGNAROLI (Attrib) (1706-1770) – Portrait of Wolfgang Amadeus Mozart […] $ 4,435,000 (estimated: $ 880,000 – $ 1,320,000) 11/27/2019, Christie’s, Paris

6 Ambrosius I BOSSCHAERT (1573-1621) – Cut flowers in a Roemer […] $ 3,709,000 (Estimate: $ 2,470,000 – $ 2,800,000) 06/19/2019, Fraysse – Binoche & Giquello, Paris

7 Francesco BORDONI (1580-1654) – Paul Phélypeaux […] $ 3,372,000 (estimated: $ 550,000 – $ 885,000) 11/20/2019, from Baecque – D’Ouince, Paris

9 Bernardino LUINI (c1480 / 85-1532) 2,534,000 – Madonna and Child with Saint George $ 2,534,000 (Estimate: $ 1,980,000 – $ 2,200,000) 11/14/2019, Aguttes, Paris

An expertise has much more weight when it is carried out by an independent firm whose reputation is at stake as regards the objectivity of its report

An auctioneer who sees a work for the first time is already partly engaged in its sale and the quality of his work will be measured according to the success of the transaction Auction houses sometimes give the impression of too much focus on the marketing and financial aspects of a sale When Patrick Drahi acquired Sotheby’s and appointed businessman Charles F Director at its head, she sent a strong signal on Sotheby’s strategy and priorities In the case of Salvator Mundi, one can wonder if Christie’s did not put more energy into organizing its international tour than analyzing his artistic qualities and to question his place in da Vinci’s work

For the time being, Eric Turquin and Alexandre Lacroix seem to appreciate their collaborations with French auction houses, whether Parisian or provincial. There is no doubt that these auctioneers benefit from his expertise, his knowledge, of its experience and its reputation, but above all of its independence. This avoids certain pressures from the Art Market, in which conflicts of interest sometimes have repercussions… even in the collections of the largest museums

Over twenty years ago, Thomas Hoving – former director of the Metropolitan Museum of Art – already drew the attention of the art world to the presence of fakes in large museum collections In 1997, he wrote in the introduction to his book False Impression, The Hunt for Big-Times Art Fakes: “In the decade and a half I spent at the Metropolitan Museum of Art, I had to examine fifty thousand works in all fields In total, 40% were fakes, or had been restored so hypocritically or so misattributed that they were exactly the same as fakes Since then, I’m sure this percentage has increased […]

« When art became an increasingly expensive commodity in the 1970s and 1980s, counterfeits flourished Young millionaires or billionaires began to covet art as an object of investment, as well as a brand prestige and social superiority The originals not being numerous enough, the false Old Masters (or entirely repainted) filled the gaps « 

The former director of the MET gave credence, at least in part, to this explanation: « One of the most ferocious of all [fakebusters], the Italian Giuseppe » Pico « Cellini, now in the early years eighty and still exhibiting all kinds of trash, believes that the tendency of most American museums to keep their false secrets or secrets is because they have sold themselves to their wealthy donors and trustees. do not exaggerate « 

It is probably no coincidence that in 2019, the Metropolitan Museum of Art in New York was one of the main buyers of paintings evaluated by the independent cabinet of Eric Turquin French expertise in the face of a new global demand

Artmarketcom is listed on Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF

Artmarket and its Artprice department were founded in 1997 by its CEO, thierry Ehrmann Artmarket and its Artprice department are controlled by the Server Group, created in 1987

Artmarket is a global player in the art market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current information on the art market in databases containing more than 30 million indices and auction results, covering more than 740,000 artists

Artprice Images® allows unlimited access to the largest image bank of the Art Market in the world: no less than 180 million digital images of photographs or engraved reproductions of works of art from 1700 to the present day, commented on by our art historians

Artmarket with its Artprice department constantly collects data from 6,300 Auction Houses and produces key information on the Art Market for the main press and media agencies (7,200 publications) Its 45 million users «  members connect  » have access to ads posted by other members, a network that today represents the first standardized global market® for buying and selling works of art at a fixed or buying price (auctions governed by paragraphs 2 and 3 of article L 3213 of the French Commercial Code)

Artmarket with its Artprice department, obtained the State label « Innovative Company » from the Public Investment Bank (BPI) (for the second time in November 2018 for a new period of 3 years) which accompanies the company in its plan to consolidate its position as a global player in the art market

Follow all the news of the Art Market in real time with Artmarket and its Artprice department on Facebook and Twitter:

Discover the alchemy and universe of Artmarket and its artprice department http: // webartpricecom / video headquartered at the famous museum of contemporary art Organ « The Abode of Chaos » (dixit The New York Times ): https: // issuucom / resteduchaos / docs / resteduchaos-abodeofchaos-opus-ix-1999-2013

ROSLYN, NY, SeptFeb. 29, 2020 / PRNewswire / – Sino-Global Shipping America, Ltd (NASDAQ: SINO) (“Sino-Global”, the “Company” or “we”), a global provider of integrated shipping and freight logistics solutions non-asset-based, today announced the signing of a joint venture memorandum of understanding with Tianjin Anboweiye Technology Co, Ltd (EMB) The new joint venture will help Sino-Global to develop its high-tech, technology-based logistics services information to meet higher and complicated customer demand

Mr. Lei Cao, CEO of Sino-Global, said: « Different from traditional logistics services, the current logistics industry has derived a new demand, globalized and intelligent logistics services which are based on the development of science and technology. technology with the help of submission data, logistics network, artificial intelligence and blockchain infrastructure, etc. We believe that with the membership of our partner, EMB, the qualified and industrial advanced technology company, we are able to offer our customers improved and value-added logistics services »

Tianjin Anboweiye Technology Co, Ltd founded in 2014, provides customers with advanced PC / Mobile based technology and architecture, smart hardware, traditional applications and internet solutions The company’s products include intelligent hardware, mobile GIS, business management, enterprise ERP, company portal and logistics platform The company has more than 10 software work certificates and patent independent intellectual property rights

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. is a company specializing in shipping, charter, logistics and related services.Based in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong The Company’s current service offerings include shipping agency services, shipping and charter services, inland transportation management services and ship management services Additional information about Sino-Global is available on the company’s website at wwwsino-globalnet The Company regularly publishes important information on its website

No statement made in this press release should be construed as an offer to buy securities. Such an offer may be made only in accordance with the Securities Act of 1933, as amended, and the securities laws of applicable state All statements contained in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in documents filed by Sino-Global with the Securities and Exchange Commission. , actual events or performance may differ materially Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof Sino-Global assumes no obligation to publicly publish the results of any revision of these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events.

NEW YORK, Sep 29, 2020 / PRNewswire / – Global Infrastructure Partners (GIP), a leading independent global infrastructure investor, today announced that GIP Spectrum Fund, LP, along with its affiliates and co-investors, entered into a guaranteed term loan of $ 325 million for Saavi Energia (“Saavi”), the fourth independent power producer and the largest private autonomous power producer in Mexico

With this transaction, GIP Credit has committed approximately $ 550 million in Latin America through four investments over the past two years GIP Spectrum offers personalized credit financing to infrastructure issuers in GIP’s main sectors of intermediate energy, energy, renewables and transport, while leveraging GIP’s considerable operational expertise

With over 20 years of experience in the Mexican electricity market, Saavi’s 2 net 2 GW portfolio includes 10 energy installations, including 6 CCGTs, 1 wind farm, 3 compressor stations and 65 km of associated gas pipelines Saavi is 100% owned by Actis LLP

One of the largest recent term loans from holding companies in the infrastructure sector in Latin America for a private sponsor, the GIP Credit investment is backed by a large portfolio of high quality electricity contracts with high quality counterparts The assets are strategically located close to high demand industrial load centers and supported by an attractive macro backdrop of Mexican electricity demand as well as positive demographic trends Saavi also has a world-class management team and an exceptional operational record

« We are very pleased to have entered into this strategic transaction with Saavi and its sponsor, Actis » said Jennifer Powers, GIP Partner and President of GIP Credit. << As a leading power producer with a strong asset portfolio and a leading management team, Saavi continuously provides essential reliable services to the Mexican electricity markets We look forward to working with and supporting the growth of such an important business in the future. This investment illustrates GIP Spectrum's ability to provide unique lending solutions for high-quality critical infrastructure projects and to be a reliable and flexible partner "

« We are delighted to join our commitment to support the region with an exceptional partner who has been able to provide a bespoke and creative financing solution to meet our needs, » said Mauricio del Valle, Director Saavi Financial « This transaction highlights the strength and diversity of Saavi’s portfolio. We are delighted with the opportunity this allows to create value and consolidate Saavi’s leadership position in our market »

Global Infrastructure Partners (« GIP ») is an independent infrastructure fund manager that makes equity and debt investments in infrastructure and corporate assets The GIP targets investments in the energy sectors , transport and water / waste both in the OECD and in certain emerging countries The GIP teams are spread over 10 offices: London, New York, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi , Singapore and Hong Kong GIP Credit Platform (« GIP Credit ») provides financing solutions and makes debt and non-common equity investments in infrastructure and corporate assets through multiple funds , including GIP Spectrum and GIP Capital Solutions (« CAPS ») For more information, visit wwwglobal-infracom

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ROSLYN, NY, SeptFeb. 29, 2020 / PRNewswire / – Sino-Global Shipping America, Ltd (NASDAQ: SINO) (“Sino-Global”, the “Company” or “we”), a

PARIS, Sep 29, 2020 / PRNewswire / – In 2019, total sales revenue from art auctions in France increased by 18% compared to 2018, reaching a

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AppHarvest, Inc, Special Purpose Acquisition Company, NASDAQ, M&A, IPO

World news – United States – AppHarvest, a pioneer developer and operator of Scale of indoor farms with controlled environment, to become a public agricultural technology company



SOURCE: https://www.w24news.com/news/world-news-us-appharvest-a-pioneer-developer-and-operator-of-large-scale-sustainable-indoor-environment-controlled-farms-to-become-a-public-agtech-company/?remotepost=351063

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