Helios schemes reach 2m sq ft

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Kapoor ‘optimistic’ about SRI sea change at Norwegian oil fund

first_imgWhile Kapoor said it was so far only a relatively small amount to be invested in infrastructure, he welcomed the move.He told IPE: “So far, it is only the political programme of the new government without any details, but they have agreed the agenda, so this is definitely happening.“They have also said they will look into sustainable investment, which was our second recommendation. While they are not committed to doing it, they are [at least] committed to looking into it.”He said it was positive that political parties seemed to have “made a break with the past” and declared there was going to be a change in strategy.“Of course,” he added, “how far they go and at what speed remains to be seen. But we are hopeful given how responsive they were to the initial suggestions, and that this has been one of their declared intentions.”One driver for the change in strategy, according to Kapoor, is the performance of the fund, which stands at 3.17% since its inception 15 years ago, well below its 4% target.Another reason is political.“Because the political parties [in power now] were not associated with the original design, they find it easier to come up with new ideas,” he said.“If the same government had remained in place, it would have been politically harder to change, partly due to their fear this would somehow implicitly mean what they were doing before was not great.”A report by Re-Define and the Norwegian Church Aid published earlier this year sharply criticised the current investment strategy of the $760bn (€560bn) GPFG, lamenting particularly its lack of investments in emerging markets, unlisted assets and green projects.It also attacked its dependency on oil and gas revenues.Kapoor had been in touch with the political parties before and after the publication of the report.He will set up more meetings for November. One of the sharpest critics of Norway’s Government Pension Fund Global (GPFG) is cautiously optimistic following the turnaround in its investment strategy announced by the new government.According to Sony Kapoor, managing director at think tank Re-Define, the fund is finally breaking with its past by moving to adopt a new investment strategy.His comments come in the wake of proposals by the Norwegian centre-right coalition government to invest part of the GPFG – NOK100bn (€12.4bn) – in transport and communications infrastructure.The government said GPFG would also invest in emerging and developing countries and consider opportunities in renewable energy.last_img read more

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Cheniere requests to introduce feed gas to Sabine Pass LNG train 5

first_imgLNG World News Staff Illustration purposes only (Image courtesy of Cheniere)US LNG exporter Cheniere has filed a request with the United States regulator to introduce feed gas and refrigerants and continue its commissioning activities for train 5 at the Sabine Pass facility in Louisiana. Cheniere is requesting authorization to conduct commissioning activities associated with phases 3-5 of its commissioning plan.The company is requesting a permit be granted no later than September 6 in order to remain on schedule, the company said in its filing to the Federal Energy Regulatory Commission.The filing further states the company is in compliance with all the conditions set by the regulator.Cheniere is developing up to six trains at the Sabine Pass site, each capable of producing 4.5 mtpa of the chilled fuel each.The company said that out of the five trains that will have a nominal capacity of 22.5 mtpa, approximately 88 percent or 19.75 mtpa, has been contracted to third party, foundation customers on a long-term FOB basis under sale and purchase agreements.last_img read more

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Raymond Franklin Schmaltz

first_imgAfter a long and courageous battle with cancer, Raymond F. Schmaltz passed away on Tuesday, February 20, 2018 at Honor Health Hospital, Scottsdale, Arizona. Raymond was born on July 4, 1966 at Batesville, Indiana to the late Russell and Marie Schmaltz of Osgood, Indiana. Raymond graduated from Jac-Cen-Del High School in 1984. After graduation, he joined the U.S. Air Force.For 20 years, Raymond served the country he loved. He participated in Operation Desert Shield, Operation Desert Storm, Operation Southern Watch, and Operation Enduring Freedom. Other duty assignments included bases in Arizona, Mississippi, California, North Dakota and Japan. (Go “Maintainers”!) He was awarded numerous commendations throughout his career including Airman of the Month which entitled him to a ride in a F-16 fighter jet.After retirement from the Air Force, Raymond landed in Maricopa, Arizona buying a property next door to his brother Daren. Raymond embraced life – he was a licensed scuba diver, performed numerous parachute jumps, enjoyed motorcycle riding (dirt and highway), and loved to take friends and family out in the desert in his dune buggy. Raymond was a gun enthusiast and great marksman. He’s solely responsible for getting his sister hooked on air rifles. A movie-buff, Raymond’s collection of titles number in the hundreds. He recently purchased a PPG (powered para glider) and soloed September 24th.Raymond enjoyed spending time with his sisters and brother and nieces and nephews. He was a great neighbor and friend and always willing to help. He will be greatly missed.Survivors include sister Reyna (Jim) Jackson of Osgood, Indiana; brother Daren (Marie) Schmaltz of Maricopa, Arizona and sister Vanessa (Duane) Hays of Colorado Springs, Colorado as well as 6 nieces and nephews and their families.Visitation will be at Neal’s Funeral Home, Osgood, Indiana on Friday, March 2, 2018 from 4 pm – 7 pm. Funeral services will be held at Osgood First Baptist Church on Saturday, March 3, 2018 at 11:00 am. Burial to follow at Tanglewood Cemetery. Memorials may be made to the Osgood First Baptist Church and/or Tanglewood Cemetery Maintenance Fund in care of the funeral home.www.nealsfuneralhome.netlast_img read more

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IMCA Modifieds, Northern SportMods return to LaSalle for May 18 Spring Shootout

first_imgLaSALLE, Ill. – IMCA Modifieds and Karl Chevrolet Northern SportMods return to LaSalle Speedway for the Thursday, May 18 Spring Shootout presented by Hoker Trucking.The Fast Shafts All-Star Invitational ballot-qualifying feature for Modifieds pays $1,000 to win and a minimum of $125 to start. Northern SportMods run for $600 to win and $100 to start.IMCA Speedway Motors Weekly Racing National and Allstar Performance State points will be given in both divisions. Side Biter Chassis North Central Region points will also be awarded to Modifieds.There is no entry fee for either IMCA division. Pit passes are $40. Spectator admission is $35 for adults and free for kids 11 and under.Pit gates open at 1 p.m. and the grandstand opens at 4 p.m. Hot laps are at 6:30 p.m. with racing to follow.More information is available at the www.lasallespeedway.com website or by calling 815 223-6900.LaSalle also hosts the third annual IMCA One Night Stand Aug. 4 and 5.  IMCA Late Models race for $1,000 to win on Friday while $3,000 is the top prize for Modifieds, Late Models and Northern SportMods on Saturday night.last_img read more

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Cardinal’s Sheen Memorial moves to Memorial Day Weekend

first_imgEUNICE, N.M. – IMCA Sunoco Stock Cars get top billing at Cardinal Speedway’s Kelly Sheen Memorial Shootout, which moves to the Memorial Day Weekend for its eighth annual run.Qualifying starts on Saturday, May 27 at the Eunice, N.M., speedplant. Twenty-five lap main events on Sunday, May 28 sport top checks of $2,000 for the Stocks, $1,200 for the IMCA Modi­fieds, $800 for the Scoggin-Dickey Parts Center Southern SportMods and $500 for the IMCA Sunoco Hobby Stocks.All IMCA feature winners receive a 55-gallon drum of fuel in addition to their cash winnings and $100 will be paid to the hard charger in each division.The Modified feature is a qualifying event for the 2017 Fast Shafts All-Star Invitational ballot and minimum start money is $210 for the Stocks, $100 for the Modifieds, $75 for the Southern SportMods and $50 for the Hobbies.Stock Car drivers who start their Sunday “B” but do not qualify get $100. Modified and Southern SportMod non-transfers get $50, Hobby Stock non-transfers $25.Entry fees are now $100 for Stock Cars, Modifieds and SportMods, and $75 for Hobby Stocks. Money orders or cashier’s checks only will be accepted.IMCA Speedway Motors Weekly Racing National, regional and Allstar Performance State points will be awarded to Modified, Stock Car and Hobby Stock drivers; Southern SportMod drivers race for national and state points.Pit gates open at 3 p.m. Mountain Time Saturday and at 4 p.m. Sunday. The draw closes at 6 p.m. and racing starts at 8 p.m. both days.Spectator admission is $10 and kids six and under get in free. Pit passes are $20.Gates open at 5 p.m. and an open practice runs from 7-10 p.m. Friday, May 26. General admis­sion is free while pit passes are $20. Food and beverages following in the pit area are provided by Kendall’s Kountry Meat Market.More information is available by calling promoter Toby Herring at 575 441-1941.last_img read more

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Hogg gets Glasgow over the line

first_img Press Association Glasgow gained revenge for defeat in last season’s play-offs with a 22-20 Guinness PRO12 win over Leinster at Scotstoun Stadium on Saturday. The game got under way with probably the quickest replacement of the season, in just 42 seconds. The unfortunate man was Leinster centre Noel Reid who went down under a tackle with a leg injury, to be subbed by Ian Madigan. Glasgow centre Mark Bennett missed a long penalty in the ninth minute but the hosts looked the most adventurous in the early exchanges and this approach brought the opening try in the 17th minute, through stand-off Horne. The move came following a disrupted Leinster scrum, with Bennett and Pyrgos involved before left winger Tommy Seymour offloaded in the tackle for Horne to score, which Pyrgos then converted. Gopperth then missed a straightforward penalty for the visitors and soon after dropped a simple pass. From the scrum, in the 25th minute, Glasgow sparkled before Gray was heaved over from short range with Pyrgos unable to convert. Six minutes later the third Glasgow try was dotted down, by Strauss who broke a tackle 30 metres out and ran in for Pyrgos to convert. Madigan got Leinster on the board with a penalty in the 33rd minute but the half ended with Strauss held up on the visitors’ line and Pyrgos unable to convert the subsequent penalty. Despite coming close from the restart Glasgow could not get the bonus-point try and Leinster’s first attack of the second half, in the 51st minute, ended with Gopperth kicking a penalty. Glasgow dominated the first half and their sparkling handling was rewarded with tries from Peter Horne, Jonny Gray and Josh Strauss, with Henry Pyrgos converting two. They came very close to getting a bonus-point try but it proved elusive as Leinster gradually came into game. Jimmy Gopperth added a penalty to one in the first half from Ian Maddigan for the visitors. Then in a two-minute period Leinster scored tries through Jack McGrath and Tom Denton. With Gopperth converting both, Leinster led 20-19 with four minutes left, but Glasgow’s blushes were spared by a penalty from replacement Stuart Hogg well after the 80 minutes had registered. Glasgow’s backline was disrupted with the loss through injury of both Horne and centre Alex Dunbar, with Hogg and Sean Lamont coming on. As the 70th minute approached Leinster established themselves around the home 22 and in a two-minute period scored two tries to take the lead. First, the pack got over from a line-out with McGrath credited. Then another pack replacement Denton got hold of the ball at a line-out and dived over. Gopperth converted both scores. Glasgow responded by going to the Leinster line where immense pressure was finished off by a penalty kicked by Hogg to win the game. last_img read more

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Manager Mauricio Pochettino hails Tottenham supporters

first_img Pochettino admits the Belgian hitman is a threat but believes all opponents are starting to raise their game against his in-form team. “Lukaku is in a very good moment and is a very good player but Everton have different players who can put us in a very difficult situation,” Pochettino said. “Everton have a very good team and after the defeat to Stoke maybe they want revenge. “Teams now are very over-motivated to play against us. They know they need to run and be aggressive against us because we are strong. “But we need to feel confident in our skill and try to win the game. Always in different games you need to try to stop them but it’s not different to other games.” Tottenham’s form suggests they could challenge, a theory backed up by their last-gasp win at Watford on Monday, and Pochettino is happy for the club’s fans to believe. “Our supporters are very happy with the team,” Pochettino said. “They share our values. You can see every game at White Hart Lane or away they are unbelievable and back the team. “It is a very important thing our supporters believe in the team and that we can achieve good things. This is the most important thing. It is the first step to winning some titles.” He added: “We don’t set limits on our possibilities. The important thing is we all believe in the way we took 18 months ago. “We are very ambitious. The group is strong. There is enough quality. In football anything can happen.” Everton are 11th following Monday’s 4-3 defeat to Stoke, a loss which means they have managed only three wins in 10 at Goodison Park this season. Spurs will hope to capitalise on their opponents’ stuttering home form but to do so they will have to stop Toffees striker Romelu Lukaku, who has scored 11 goals in 10 matches. Mauricio Pochettino has no problem with Tottenham fans dreaming of the title and feels their belief can spur his side to silverware in 2016. Tottenham begin the New Year just four points behind league leaders Arsenal and could close that gap with a win at Everton on Sunday. They have won their last three matches in a row and lost only twice all season. Arsenal and Manchester City remain the favourites to be crowned champions in May but neither have pulled away from the chasing pack, while Manchester United and Liverpool are struggling to keep pace with surprise contenders Leicester. Press Associationlast_img read more

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Urling maintains a contract existed …replies to GFF president

first_imgBy Ras WadadaClinton Urling,former chairman of the Normalisation Committee (NC)which was installed by FIFA to administrate the game of football, is still maintaining that a contract was made between the inaugural eight Elite Clubs and the then football governing authority in Guyana.In response to comments made last Friday by the head of the GFF,Wayne Forde,at a Press Conference to announce the start of the Elite League, the former Chairman spoke to Chronicle Sport via telephone from New York.“I maintain my position that the NC,being the representative head of the GFF,a year ago put together the modalities of the League where we held several discussions over months with all the parties involved and at the end of it all we had a mutual agreement between the GFF under the NC and the eight members of the GFF’s Elite League.“We agreed upon, and it is not just the Rules and Regulations that we agreed upon, we also, at that time agreed on how we will administer the relegation and delegation part where teams would have been part of the current construct for a period of two years.The reason for that two years came about because teams indicated that they would have invested enormous sums of monies to participate in the first League and it would have been disadvantageous for them to participate for just one year,since it would be difficult to recoup their investments.So we agreed mutually to run the League with the current construct for two years.“Regulations are on-the-field regulations and I think that is what Mr.Forde is referring to, with his extensive football knowledge, but ours went beyond on-the-field, ours actually talked about the structure of how the League would be administered. Again agreements are contracts between parties and those agreements should be honoured.“For me, I have no further comment on this particular matter and issue. If the ExCo believes gravely that back pedaling on the agreement is the right thing for them to do they are free to do so. In my judgement the better approach would have been just the way we came up with the contract by mutual agreement through negotiations and compromises with all parties involved. I would have recommended to this current ExCo to go the similar route to resolve this impasse that had arrived and I hope this is the end of this scenario.“I am surprised at the accusation that I have been listening to one side of the story and that is not so, I have been intimately involved in establishing this League and my comments are based on my knowledge,so I have been talking to the Media from where I am here in NY.“It would be premature of the ExCo to host a press conference to announce the start of the League when four of your clubs, including the two top teams are not in, due to them seeking an arbitration the day before…maybe that is a tactic of extensive football knowledge that I don’t have and Mr Forde has. It will be interesting to see what happens if those four clubs aren’t a part of the League.“This is certainly not what you want just before your premier competition starts. When we launched the Elite League we said it was going to be the litmus test for the success of the Guyana Football Federation and football in Guyana generally.“In Guyana, we still seem to love to approach the national team on the International arena as the Premier football product, but for us the NC at the time, we felt that the Elite League, which has a longer term investment in our local players development and also was a logical avenue for upcoming younger players to say we want to ascribe to become Elite League players, should be the product and that was an ultimate goal of the programme.“To start your premier competition under these dark cloud circumstances is not good for the game in Guyana and for me the way it is looking and, if it is not resolved, we have failed that litmus test”, Urling quipped.last_img read more

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Van Lange, Sahadeo settle for bronze in Caribbean TT Championships

first_imgGUYANA’S 13-Years-and-Under A team, which consists of Jonathan Van Lange and Krystian Sahadeo settled for bronze in the team competition on Thursday in the Caribbean Mini and Pre Cadet Table Tennis Championships, in the Dominican Republic.The pair looked solid after they defeated Jamaica 3-0 to book a semi-final spot, but went down to eventual winners Dominican Republic A team in the final four.The home team players were able to register another 3-0 win when they met Puerto Rico A team in the final of the event.Guyana A and Puerto Rico B, by virtue of being knocked out in the semi-finals, were awarded the joint third-place awards.Guyana coach Dwain Dick told Chronicle Sport that overall, he was impressed with the side’s performance.“Technically and tactically we can match them. (It was) evident in Jonathan beating both Puerto Ricans and both Dominicans in their group. (There) were some lapses in the critical parts of the games in the semis – due to lack of regular competition, I would say. Some amount of hesitation and adrenaline rush, but tremendous improvement over the last month which augurs well for their future if we can sustain this type of training.”Dick said that with Van Lange’s performance, which saw him play unbeaten until the quarterfinal, he is upbeat about his chances in the singles, which starts tomorrow.Guyana’s 13-and-Under B team (Colin Wong and Dhanesh Persaud) were knocked out in the quarter-finals 3-0 by Puerto Rico B.last_img read more

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