VISTAJET CROWNED THE BEST PRIVATE FLIGHT BRAND BY TWO LEADING AWARDS

VistaJet Crowned The Best Private Flight Brand By Two Leading Awards

VistaJet named ‘Best of the Best’ by Robb Report Hong Kong and awarded ‘Best AOC Charter Operator’ for the fifth year at the Asian Business Aviation Association’s Icons of Aviation Awards.

  • VistaJet named ‘Best of the Best’ by Robb Report Hong Kong;
  • Also awarded ‘Best AOC Charter Operator’ for the fifth year* at the Asian Business Aviation Association’s Icons of Aviation Awards;
  • Vista recorded 68% year-on-year growth in flight hours across the Asia Pacific region as at September 2023.

Hong Kong/Singapore, December 13th 2023 — VistaJet, the world’s first and only global business aviation company, has been proudly honored by Robb Report Hong Kong as the ‘Best of the Best’ in the aviation category for 2023.

VistaJet also clinched the title of ‘Best AOC Charter Operator’ from the Asian Business Aviation Association (AsBAA) for a fifth year running.

‘Best of the Best’ by Robb Report Hong Kong is an annual print and digital compendium in which the best brands, products, services, places, and experiences are bestowed with the ultimate accolade, celebrating the marriage of remarkable craftsmanship, exceptional design, and impeccable quality.

The AsBAA Icons of Aviation Awards are voted by the private aviation community, to recognize best business practices, operations standards, and service excellence in the industry.

“It is an honor to receive these two prestigious awards that are highly recognized in both the luxury and private aviation sectors. We couldn’t have done it without the trust of our clients, and the dedication of our global team, who delivers the highest standards on every flight. We are truly proud of what we have accomplished during our soon-to-be 20 years in the industry. This is just the beginning.” — Ian Moore, Chief Commercial Officer, VistaJet.

VistaJet named ‘Best of the Best’ by Robb Report Hong Kong

VistaJet has been proudly honored by Robb Report Hong Kong as the ‘Best of the Best’ in the aviation category for 2023.

“We are delighted to honor VistaJet as an award winner in the Aviation category of Best of the Best 2023, Robb Report Hong Kong’s annual anthology of the finest luxury brands, products, and experiences. VistaJet is a leader in the aviation field, and the company’s continued excellence and pioneering initiatives are a testament to its success.” — Tak Man, CEO, Robb Report Hong Kong

“On behalf of the Asian Business Aviation Association (AsBAA), I am delighted to congratulate VistaJet on winning the Best AOC Charter Operator award at the AsBAA Icons of Aviation (IOA) 2023 awards gala. This award is a testament to VistaJet’s commitment to providing its customers with the highest quality charter service. VistaJet has consistently set the bar high for the industry, and we are proud to recognize their achievements as a leading AOC charter operator in Asia. We look forward to an even bigger and better IOA in 2024, and we encourage all our members to continue to strive for excellence. Our utmost congratulations again to VistaJet on their well-deserved award.” — Jenny Lau, Chairwoman Asian Business Aviation Association

VistaJet awarded ‘Best AOC Charter Operator’ by the Asian Business Aviation Association

VistaJet clinched the title of ‘Best AOC Charter Operator’ from the Asian Business Aviation Association (AsBAA) for a fifth year running.

As at September 2023, Vista’s total flight hours grew over 22% globally across its leading VistaJet and XO brands. The Group’s strong growth included rapid expansion in Asia, which witnessed an impressive 68% growth rate in flight hours year-on-year. The VistaJet Program membership delivered an increase of over 40% globally and 16% in Asia year-on-year. Add-on hours by existing Members grew 46% year-on-year for Vista and 13% in Asia as demand for private travel remains strong.

The demand for ultra-long-range travel to and from Asia has been a significant factor propelling this growth. This has been serviced by the Vista Members’ fleet of more than 360 aircraft covering all categories, from short-range aircraft to its flagship Global 7500, the largest and longest-range business jets in the world, able to fly 17 hours non-stop.

VistaJet Global 7500

VistaJet Global 7500

VistaJet recently launched the aviation industry’s first 360 Wellness program, spanning four continents and 20 disciplines. The program provides comprehensive pre-flight, in-flight, post-flight and at-destination wellbeing experiences. The VistaJet Wellness program is meticulously tailored for its Members, and the seamless services help passengers stay at their best throughout their travels.

In the lead-up to its 20th anniversary in 2024, VistaJet will continue to pioneer better ways to fly and live with its exclusive offerings.

* The last AsBAA Icons of Aviation Awards took place in 2019. The event was placed on hold between 2020-2022 due to the COVID-19 pandemic.

Information
VistaJet | press@vistajet.com

About VistaJet 
VistaJet is the first and only global business aviation company. The company has flown corporations, governments, and private clients to 187 countries, covering 96% of the world.

Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours and guaranteed access to the Vista Members’ fleet of over 360 mid, long, and ultra-long-range jets, to fly them anytime, anywhere.

VistaJet on board service

VistaJet on board service

VistaJet is part of Vista — the world’s first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light solutions to cover all key aspects of business aviation.

More VistaJet information and news at vistajet.com

VistaJet Limited is a European air carrier that operates 9H registered aircraft under its Maltese Air Operator Certificate No. MT-17 and is incorporated in Malta under Company Number C 55231. VistaJet US Inc. is an Air Charter Broker that does not operate aircraft. VistaJet and its subsidiaries are not U.S. direct carriers. VistaJet-owned and U.S. registered aircraft are operated by properly licensed U.S. air carriers, including XOJET Aviation LLC. 

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GlobeNewswire Distribution ID 1000904125

Digital Shelf Leader Salsify Joins the MACH Alliance

Salsify joins global industry leaders as Alliance surpasses important milestone of 100 members

BOSTON, Dec. 13, 2023 (GLOBE NEWSWIRE) — Salsify announced today that it has joined the MACH Alliance, a not-for-profit industry body that advocates for open and best-of-breed enterprise technology. Salsify is a Product Experience Management (PXM) platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf. Its inclusion in the MACH Alliance is confirmation that Salsify meets the MACH certified standard of modern technology: Microservices based, API-first, Cloud-native SaaS, and Headless.

“Salsify has invested heavily in building a platform that fits into a composable tech stack built for the future,” said Casper Rasmussen, MACH Alliance president. “We know they will be a strong advocate for the adoption of these principles across the industry, and with their customers.”

MACH technologies, designed for seamless collaboration and flexibility, empower businesses to evolve at their own pace. With easy integration and adaptability, MACH tools enable tailored solutions in each domain, avoiding the limitations of a one-size-fits-all approach. This flexibility extends to evolving tech stacks over time without extensive replatforming. Natively built with modern development tools, MACH solutions offer high flexibility for crafting unique and competitive customer experiences, responding swiftly to changing needs and fostering cost-effective innovation.

“The Salsify platform was originally architected as a native multi-tenant SaaS platform with the core principles that the MACH Alliance embodies. We appreciate the Alliance’s validation of those efforts, and are proud to join this community,” said Julie Marobella, Chief Product Officer at Salsify. “We look forward to working with the Alliance and its member community to advocate for and be held accountable to a higher technology standard that meets changing customer expectations and embraces a new way of doing and thinking about business.”

“Salsify is a foundational component of the modern, composable, digital tech stack we have been building at Dawn Foods,” said Gireesh Sahukar, VP of Digital at Dawn Foods Global and Ambassador at MACH Alliance. “I was delighted to support and advise Salsify’s MACH Alliance review process and endorse Salsify’s commitment to building an interoperable, agile, and future-proof platform.”

Regardless of company size, brands must operate at an optimal level across the digital landscape within a complex mishmash of the technology available to them. Salsify is solving this at scale by enabling world class digital execution that grows revenue and delivers on customer satisfaction.

Thousands of brands worldwide use Salsify’s unified PXM platform to centralize product content and deliver it to every digital touchpoint, with automation that manages that process efficiently and helps keep brands competitive. Retailers also struggle to maintain a competitive assortment and digital experience due to the growing volume, variety and volatility of suppliers and product data the digital shelf requires.

For further detail on Salsify’s MACH-approved Product Information Management (PIM) platform, visit our website.

About MACH Alliance
The MACH Alliance is a [501(c)(6)] non-profit organization, governed by an independent board and does not endorse specific vendors, members or otherwise. The Alliance was formed in June 2020 to help enterprise organizations navigate the complex modern technology landscape. It aims to guide and show the business advantage of open tech ecosystems that are Microservices based, API-first, Cloud-native SaaS and Headless. All MACH Alliance members meet certification principles that are published on the website.

The MACH Alliance welcomes technology companies and individual industry experts who share the same vision for the future. Learn more at machalliance.org.

About Salsify
Salsify helps thousands of brand manufacturers, distributors, and retailers in over 140 countries collaborate to win on the digital shelf. The company’s Product Experience Management (PXM) platform enables organizations to centralize all of their product content, connect to the commerce ecosystem, and automate business processes in order to deliver the best possible product experiences across every selling destination.

Learn how the world’s largest brands, including Mars, L’Oreal, Coca-Cola, Bosch, and ASICS, as well as retailers and distributors such as DoorDash, E.Leclerc, Carrefour, Metro, and Intermarché use Salsify everyday to drive efficiency, power growth, and lead the digital shelf. For more information, please visit: www.salsify.com.

Media Contact:
Carolyn Adams, BlueRun PR
carolyn@bluerunpr.com


GlobeNewswire Distribution ID 8994011

Digital Shelf Leader Salsify Joins the MACH Alliance

Salsify joins global industry leaders as Alliance surpasses important milestone of 100 members

BOSTON, Dec. 13, 2023 (GLOBE NEWSWIRE) — Salsify announced today that it has joined the MACH Alliance, a not-for-profit industry body that advocates for open and best-of-breed enterprise technology. Salsify is a Product Experience Management (PXM) platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf. Its inclusion in the MACH Alliance is confirmation that Salsify meets the MACH certified standard of modern technology: Microservices based, API-first, Cloud-native SaaS, and Headless.

“Salsify has invested heavily in building a platform that fits into a composable tech stack built for the future,” said Casper Rasmussen, MACH Alliance president. “We know they will be a strong advocate for the adoption of these principles across the industry, and with their customers.”

MACH technologies, designed for seamless collaboration and flexibility, empower businesses to evolve at their own pace. With easy integration and adaptability, MACH tools enable tailored solutions in each domain, avoiding the limitations of a one-size-fits-all approach. This flexibility extends to evolving tech stacks over time without extensive replatforming. Natively built with modern development tools, MACH solutions offer high flexibility for crafting unique and competitive customer experiences, responding swiftly to changing needs and fostering cost-effective innovation.

“The Salsify platform was originally architected as a native multi-tenant SaaS platform with the core principles that the MACH Alliance embodies. We appreciate the Alliance’s validation of those efforts, and are proud to join this community,” said Julie Marobella, Chief Product Officer at Salsify. “We look forward to working with the Alliance and its member community to advocate for and be held accountable to a higher technology standard that meets changing customer expectations and embraces a new way of doing and thinking about business.”

“Salsify is a foundational component of the modern, composable, digital tech stack we have been building at Dawn Foods,” said Gireesh Sahukar, VP of Digital at Dawn Foods Global and Ambassador at MACH Alliance. “I was delighted to support and advise Salsify’s MACH Alliance review process and endorse Salsify’s commitment to building an interoperable, agile, and future-proof platform.”

Regardless of company size, brands must operate at an optimal level across the digital landscape within a complex mishmash of the technology available to them. Salsify is solving this at scale by enabling world class digital execution that grows revenue and delivers on customer satisfaction.

Thousands of brands worldwide use Salsify’s unified PXM platform to centralize product content and deliver it to every digital touchpoint, with automation that manages that process efficiently and helps keep brands competitive. Retailers also struggle to maintain a competitive assortment and digital experience due to the growing volume, variety and volatility of suppliers and product data the digital shelf requires.

For further detail on Salsify’s MACH-approved Product Information Management (PIM) platform, visit our website.

About MACH Alliance
The MACH Alliance is a [501(c)(6)] non-profit organization, governed by an independent board and does not endorse specific vendors, members or otherwise. The Alliance was formed in June 2020 to help enterprise organizations navigate the complex modern technology landscape. It aims to guide and show the business advantage of open tech ecosystems that are Microservices based, API-first, Cloud-native SaaS and Headless. All MACH Alliance members meet certification principles that are published on the website.

The MACH Alliance welcomes technology companies and individual industry experts who share the same vision for the future. Learn more at machalliance.org.

About Salsify
Salsify helps thousands of brand manufacturers, distributors, and retailers in over 140 countries collaborate to win on the digital shelf. The company’s Product Experience Management (PXM) platform enables organizations to centralize all of their product content, connect to the commerce ecosystem, and automate business processes in order to deliver the best possible product experiences across every selling destination.

Learn how the world’s largest brands, including Mars, L’Oreal, Coca-Cola, Bosch, and ASICS, as well as retailers and distributors such as DoorDash, E.Leclerc, Carrefour, Metro, and Intermarché use Salsify everyday to drive efficiency, power growth, and lead the digital shelf. For more information, please visit: www.salsify.com.

Media Contact:
Carolyn Adams, BlueRun PR
carolyn@bluerunpr.com


GlobeNewswire Distribution ID 8994011

Fortrea Convenes New Site Advisory Board

Fortrea’s Site Advisory Board brings research leaders together to focus on evolving site, sponsor and patient relationships

DURHAM, N.C., Dec. 13, 2023 (GLOBE NEWSWIRE) — Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today announced it convened last week the inaugural meeting of its Site Advisory Board, a collaboration between clinical research investigator sites (“sites”) and industry leaders to create a better clinical trial experience for sites, patients and clinical study sponsors (“sponsors”) by targeting changes in technology, operational planning and delivery, commercial terms and community engagement.

Fortrea places sites and investigators at the forefront of clinical trial planning, leveraging their perspectives to drive changes that will improve the speed of trial execution, ease study start up and increase recruitment efficiency. These changes address long-standing challenges within clinical trials and will result in a better site, patient and sponsor trial experience. The Site Advisory Board will be responsible for providing insight and feedback on strategies and solutions proposed regarding sites, patients, trial operations and relevant technology.

“Sites and investigators are critical to the industry at every stage of clinical development, and they traditionally have faced hard-to-solve challenges in clinical trials alone. We welcome their insights in protocol design and actively engage them in early conversations with our operational teams and sponsors to quickly establish the most efficient, patient-focused trial plans,” said Mike Clay, vice president, Development Strategy and Growth, at Fortrea. “The formation of the Site Advisory Board marks an acceleration of our site-focused strategy and includes representation from incredibly impressive leaders, creating a think tank for our industry. The Board will also serve as a cornerstone of our ability to respond to sponsors with insights that improve the predictability of their trials, working together to develop efficient operational plans and provide sponsors with a high degree of confidence in speed of patient recruitment and overall trial delivery.”

Inaugural members of Fortrea’s Site Advisory Board include leaders and experts from Circuit Clinical, Elligo Health Research, FutureMeds, Javara, MD Anderson Cancer Center Foundation Spain, ObjectiveHealth, Pratia S.A. and Velocity Clinical Research, representing 440 sites across more than 25 therapeutic areas and nine countries and providing access to diverse patient communities.

What Fortrea’s Site Advisory Board members are saying…

“We firmly believe that this collaborative approach, bringing together both CRO and sites, will enable all stakeholders to align more effectively on perspectives within the clinical trial market,” said Łukasz Bęczkowski, chief operating officer at Pratia. “This, undoubtedly, empowers us to act together in a more efficient manner. Initiatives like these play a crucial role in propelling us all towards positive and expedited changes.”

“Fortrea is taking a ‘listen first’ approach by giving sites an equal voice towards the most effective working practices for dynamic patient communities and site stakeholders, leading to the best service to clinical trial sponsors,” said Nick Spittal, chief operations officer at Velocity Clinical Research.

“Fortrea is leading the industry in making partnerships more productive and efficient, from trial process to business relationships, all in the effort to accelerate new products to market,” said Barry Simms, chief operating officer at Elligo Health Research.

“Providing the appropriate patient access solution is vital in determining the ultimate success of a clinical trial. Historically, care providers have not been involved in the early development of research planning and strategy,” said Colleen Hoke, chief executive officer at ObjectiveHealth. “We are very supportive of Fortrea employing an innovative new approach to engage with healthcare site partnership providers, who are key to delivering successful research results, early in the planning process.”

“FutureMeds is delighted to join the Fortrea Site Advisory Board to build better understanding between key stakeholders in the clinical research industry,” said Radek Janiak, chief executive officer at FutureMeds. “Hearing the voice of patients, investigators and sites will put Fortrea in a pole position for bringing new therapies to the market.”

“Working across the vast clinical trial ecosystem is complex and requires highly functional partnerships centered on trust and competence,” said Michelle Rule, senior vice president of enterprise optimization at Javara. “Fortrea’s genuine commitment to building a forum and working relationships through the Site Advisory Board exhibits dedication to progress for all stakeholders in research and, most of all, the patients.”

About Fortrea

Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development and patient access solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients in need. Fortrea provides phase I-IV clinical trial management, clinical pharmacology, differentiated technology-enabled trial solutions and post-approval services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team of about 19,000 people working in more than 90 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com and follow us on LinkedIn and X (formerly Twitter) @Fortrea.

Fortrea Contacts:
Fortrea Media: Galen Wilson – 703-298-0802, media@fortrea.com
Fortrea Media: Kate Dillon – 646-818-9115, kdillon@prosek.com

GlobeNewswire Distribution ID 8994021

Wandercraft unveils a groundbreaking innovation, its self-stabilizing Personal Exoskeleton, at an exclusive event in New York

Wandercraft unveils a groundbreaking innovation, its self-stabilizing Personal Exoskeleton, at an exclusive event in New York

  • Exclusive in-person and virtual event today (link below) will reveal a groundbreaking innovation in robotics engineering from Wandercraft ahead of product finalization and market launch
  • Once cleared, the Personal Exoskeleton could be the first and only self-stabilizing walk exoskeleton in the market for personal everyday use, helping impaired people walk hands-free in their own home and communities
  • Designed to provide a new mobility solution to address the complex long term physical and mental needs of mobility impaired users and provide them with greater liberty

NEW YORK, US and PARIS, France 13 December 2023 – Wandercraft, the developer of the world’s first self-stabilizing walking exoskeleton, designed to enable people with walking impairments to stand up and walk again, will unveil its groundbreaking innovation, the Personal Exoskeleton, today at a highly anticipated invitation-only Keynote Event, which will be held at 11:00am ET/5:00pm GMT/6:00pm CET at its U.S. headquarters, Cure®, a healthcare innovation campus in New York.

Attendees of this exclusive event will be the first to witness the future of mobility for people with walking impairments. Wandercraft’s CEO, Matthieu Masselin will reveal the groundbreaking hybrid robotics technology powering the Personal Exoskeleton and discuss its potential to forever change the lives of people with walking disabilities.

Once cleared, Wandercraft’s Personal Exoskeleton could be the first and only self-stabilizing exoskeleton in the market for personal everyday use to help impaired people walk hands-free in their own communities. The Personal Exoskeleton builds on engineering and robotic breakthrough innovations already incorporated in Wandercraft’s Atalante X exoskeleton, the world’s first self-stabilizing walking exoskeleton for rehabilitation support. Atalante emulates human walking, provides hands-free multi-directional locomotion, and is currently in use in rehabilitation hospitals and walking centers across the USA, Europe, and Brazil.

Matthieu Masselin, CEO of Wandercraft, commented, “Driving innovative solutions that support the walking impaired community is constantly at the forefront of our minds at Wandercraft. We want a future where people with walking impairments have a new option to vastly improve their independence, inclusion and health. Today’s exclusive unveiling of our groundbreaking innovation in robotics engineering is a key moment where we will provide a rare glimpse into the future of mobility.”

Dr. Ann M. Spungen, VA Senior Research Health Scientist, Director, Spinal Cord Damage Research Center, James J. Peters VA Medical Center, Bronx, NY and Professor, Icahn School of Medicine at Mount Sinai, added, “Our studies have shown that with as little as 4-6 hours per week of exoskeletal-assisted walking, there can be improvements in health and well-being. However, current devices require the use of crutches or a walker, limiting use to those with adequate trunk and hand function. A new, innovative robotic exoskeleton that offers self-balancing, hands-free standing and walking has the potential to advance the use of this technology in the home, community, and work environments for many people with severe walking limitations.”

Live Unveiling Event and Webcast

In addition to hosting an exclusive live event, Wandercraft is also providing virtual audiences with the ability to join the Personal Exoskeleton Keynote Event via https://youtube.com/live/2hFEDurTcR4. A recording of the Keynote Event will also be available following the event at https://www.youtube.com/@Wandercraft_exo.

A press pack for use by media will be available on the Company’s website after the event.

About Wandercraft

Wandercraft is a global manufacturer developing and commercializing advanced robotic solutions to enable people with walking impairments to stand up and walk again. The Company has used its engineering expertise to design Atalante X, the world’s first self-stabilizing walking exoskeleton which emulates human walking and provides hands-free multi-directional locomotion. Atalante X is already used by many hospitals and healthcare facilities in Europe and the USA. Several different walking programs are designed to support rehabilitation and greater independence.

For more information, please visit www.wandercraft.health.


Media contacts

Wandercraft, Inc.

contact@wandercraft.health

ICR Consilium (for Wandercraft)
Mary-Jane Elliott, Ashley Tapp, Andrew Stern

Wandercraft@consilium-comms.com
+44 (0)20 3709 5700

GlobeNewswire Distribution ID 1000904065


Copenhagen Infrastructure Partners and Ignitis Renewables wins Estonia’s first offshore wind tender

International green energy company Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund II are the winners of the auction-based competitive tender for development of an offshore wind farm in the Liivi 2 sea area in Estonia, having placed the highest bid in the amount of EUR 1.7 million.

COPENHAGEN, Denmark, Dec. 13, 2023 (GLOBE NEWSWIRE) — The maritime area for the offshore wind farm is located northwest of Ruhnu Island, near Estonia’s Baltic Sea coast, covering approximately 115 square kilometres, with a total capacity of up to 1.4 gigawatts (GW) is expected to become operational post-2030.

“With today’s announcement, we are taking an important step in expanding our presence in the Baltic states, a core market of CIP’s Growth Markets Funds. We believe this project could be a cornerstone investment in Estonia’s transformation into a sustainable, long-term European green energy hub,” said Ole Kjems Sørensen, Partner in CIP and Head of the Growth Markets Funds.

“This is the second offshore wind tender secured by the Ignitis Renewables in the Baltic States. By winning, the group achieves its strategic goal of securing a second offshore wind development project in our home market, which is a substantial step towards our overall objective to achieve 4–5 GW of installed green and flexible capacities by 2030,” said Darius Maikštėnas, CEO of Ignitis Group. He highlighted that this achievement marks yet another significant milestone in the Baltic region’s energy transition. It supports the goals of decarbonization and enhances energy security by advancing the use of offshore wind.

This year Ignitis Renewables and CIP have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages Ignitis Renewables’ leading market position in the Baltic region and CIP’s global offshore wind expertise. Ignitis Renewables and CIP aim to become active and long-term partners for the energy transition in the Baltic region, supporting Baltic states’ decarbonization targets and energy security ambitions through the deployment of offshore wind.

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages 12 funds and has to date raised approximately EUR 26 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 500 employees and 12 offices around the world. For more information, visit www.cip.com

About Ignitis Renewables
Ignitis Renewables is an international green energy company operating in the three Baltic states and Poland. Its objective is to develop a low-carbon electricity generation portfolio with a focus on offshore wind, onshore hybrid, Power-to-X and storage technologies. By developing new projects, the company is implementing the strategic goal of Ignitis Group to enable green and flexible capacity build-out and to deliver 4–5 GW of installed green generation capacities by 2030.

For further information, please contact:

Oliver Routhe Skov, Head of Media Relations, CIP
Phone: +45 30541227
Email: orsk@cip.com

Thomas Kønig, Partner – Investor Relations, CIP
Phone: +45 7070 5151
Email: tkon@cip.com

Paulius Kalmantas, Ignitis Renewables
Communications Partner
Mobile. +370 617 51616
Email: paulius.kalmantas@ignitis.lt

GlobeNewswire Distribution ID 1000904092