Category: Press Releases

On behalf of Copenhagen Infrastructure Partners (CIP), Managing Partner Jacob Baruël Poulsen on June 21, 2023, signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol committing to investments of USD 350 million into offshore wind projects in Korea.

COPENHAGEN, Denmark and SEOUL, South Korea, June 21, 2023 (GLOBE NEWSWIRE) — The investments from CIP’s Flagship funds will support the development and construction of GW-scale offshore wind projects in Korea, where CIP since 2018 has been developing offshore wind projects and secured Electricity Business License for those projects. The projects include both fixed bottom and floating offshore wind and are located in the Jeonnam Province, including Shinan County, Yeonggwang County, and the Ulsan region.

The projects which are developed by Copenhagen Offshore Partners (COP), the exclusive offshore wind development partner to CIP, will support Korea’s ambitious target of reaching 14,3GW of offshore wind power by 2030, a significant increase compared to the existing 0,1GW installed today. Korea has vast potential for offshore wind and has pledged to achieve carbon neutrality by 2050 which will require delivery of additional large-scale renewables including offshore wind projects.

Jacob Baruël Poulsen, Managing Partner at CIP, commented: “I am proud to have announced before President Yoon Suk-Yeol our plan and commitment to significant invest in the strong offshore market and industry in Korea on behalf of CIP’s Flagship Funds. We have, since entering the Korean market in 2018, worked diligently with local companies, authorities, and communities to develop wind power supply networks and foster an even stronger industry ecosystem. And we look forward to accentuating these efforts by investing 350 million US dollars to develop GW-scale offshore wind projects in Korea which will make a meaningful contribution to both the local and global green transition.”

David Taesung Yoo, Co-CEO of COP Korea, said: “The investment of 350 million US dollars will go to development of our offshore wind portfolio in Korea including the advanced 99MW Jeonnam 1 project. We have grown our team to about 70 people based in Korea including expatriates and local offshore wind experts and this investment will allow us to continue growing the team and sharing of know-how with local partners and further the local content contribution. By materializing our GW-scale project we hope to create momentum in the Korean offshore wind market.”

CIP entered Korea in 2018 and has since invested significantly and introduced innovative technologies to the market. CIP’s Energy Transition Fund – the largest dedicated clean hydrogen fund globally – is exploring opportunities for cooperation and development of its Power-to-X business and CIP is also looking to expand its concept of energy island to Korea.

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 focuses 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 ten funds and has to date raised approximately EUR 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.com

About Copenhagen Offshore Partners
Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio, one third of which represents floating offshore wind. The group also specializes in system integration capabilities, including power-to-x. COP’s expert team are advancing projects across 17 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk

For further information, please contact:

Copenhagen Infrastructure Partners
Simon Augustesen, VP Communications
Phone: +45 30526721
Email: siau@cip.com

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

Copenhagen Offshore Partners
Jamie Shellenberger Bessmann– Head of Communications
Phone: +45 53547375
Email: jsb@cop.dk

GlobeNewswire Distribution ID 1000826342

MILAN, Italy, June 21, 2023 (GLOBE NEWSWIRE) — Renowned Italian conductor Alvise Casellati brings his fresh, modern world tour ‘Opera Italiana is in the Air’ to the Naumburg Bandshell in Central Park on June 26 at 7.00 pm. The free concert, entitled ‘Peace on Earth: The Art of Nature’, transforms the experience of opera by making its beauty accessible and enjoyable for all. ‘Opera Italiana is in the Air’ takes concerts out of the world’s most elegant concert halls into the open air. Casellati collaborates with top industry professionals and young musicians and composers (performing in casual clothing), bringing them together to create high-quality outdoor concerts that are modern, diverse, informal, fun and free of charge.

This year, the event features a piece by 11-year-old Isaac Thomas, a student at the Juilliard School. His piece, ‘All Around Earth’, was selected by Maestro Casellati as the winner. “Nature is the ultimate masterpiece, and it is the duty of every individual to take daily steps to respect and preserve it. To praise nature, we present a programme that highlights how the best composers have celebrated nature through their music, including 11-year-old composer and Juilliard student Isaac Thomas, a talent well beyond his years,” says Casellati. Isaac Thomas, violinist and pianist, is honoured to take part in the performance of ‘Opera Italiana is in the Air’: “I am thrilled that ‘All Around Earth’ will be performed outdoors in this beautiful city, where the great energy of the audience will play a key role in making this concert a success,” he says.

The musicians who will perform in Central Park include members of the Metropolitan Opera, Juilliard students, celebrated sopranos such as Angela Meade, Valentina Gargano and Mariam Suleiman, and rising stars from the Young Artist Program of the Teatro dell’Opera di Roma. Members of The Rising Voices Choir from the Department of Music Therapy at Memorial Sloan Kettering Cancer Hospital will perform the US National Anthem with the orchestra. The concert will also be streamed for patients in the hospital and through Opera Italiana’s YouTube channel. “Opera has been popular for 425 years, but over the past 75 years it has gradually been perceived as music for the elite. It is not. It is as relevant to audiences today as it always has been, and we want to bring it to a wider and younger audience, who will see it and fall in love with it as so many others have done,” Casellati explains.

Besides this performance in New York City, the ‘Opera Italiana is in the Air’ Summer 2023 concert tour has already made a stop in Rome with family-friendly events. In September, the tour will conclude with a performance on the National Mall in Washington, DC. In previous years, Casellati toured Washington, New York, Miami, Rome, Naples, and Milan to showcase Italian opera, a candidate for UNESCO World Heritage status in 2022. ‘Opera Italiana is in the Air’ is produced under the patronage of the Consulate General of Italy in New York and the Italian Cultural Institute of New York.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bbc9647c-16db-44b7-8847-87e2f4664e6b

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

For more information:
Press Office LaPresse - ufficio.stampa@lapresse.it

GlobeNewswire Distribution ID 8861978

Under the High Patronage of the President of the Italian Republic Sergio Mattarella and the President of the French Republic Emmanuel Macron, the sixth edition of the Italian-French Dialogues for Europe at the Luiss University

Rome, 20 June 2023 – Italy and France: united to address the major European challenges, this is the title of the meeting of the sixth edition of the Italian-French Dialogues for Europe, an initiative launched in 2018 by Sciences Po and Luiss Guido Carli Universities, in collaboration with The European House – Ambrosetti – which took place on the Luiss campus, under the High Patronage of the President of the Italian Republic Sergio Mattarella and the President of the French Republic Emmanuel Macron.

Mathias Vicherat, Director, Sciences Po, Vincenzo Boccia (President, Luiss University), Arancha González Laya (Dean, Paris School of International Affairs, Sciences Po)

«The Italian-French Dialogues represent a significant opportunity to discuss the upcoming challenges that the European Union will face, especially considering the profound transformations that will affect the socio-economic aspects of both countries and of Europe as a whole – said Paola Severino, Vice President, Luiss University – Luiss and Sciences Po are at the forefront of contributing to the process of strengthening economic, diplomatic and cultural exchanges between Italy and France. Through programs that enable thousands of young people to travel and study abroad, we cultivate the values of integration, culture and European citizenship. Receiving the High Patronage of the Presidents of Italy and France this year is a source of pride for us».

Paola Severino Vice President Luiss University

«The Italian-French Dialogues are central to Sciences Po’s ambition as an international university committed to making Europe one of the priorities of its teaching and research priorities. We have a privileged relationship with Italy as evidenced by our newly established double degree program with Luiss», said Mathias Vicherat, Director, Sciences Po.
Sciences Po and Luiss universities have established a joint French-Italian double degree program in the field of Humanities and Social Sciences. This unique program allows students to earn a bachelor’s degree from both institutions within a span of four years. The curriculum entails spending the first year at Luiss, followed by two years at Sciences Po. Upon successful completion of the program, students will proudly hold a prestigious double degree from Luiss and Sciences Po, showcasing their academic achievements in both Italy and France.
The proceedings were introduced by Vincenzo Boccia (President, Luiss University), Andrea Prencipe (Rector, Luiss University), Emanuela D’Alessandro (Ambassador of the Italian Republic to France) and Christian Masset (Ambassador of the French Republic to Italy).

The first panel focused on the major European challenges, and featured debates with Veronica De Romanis (Professor of European Economic Policy, Stanford University Florence; Luiss University) and Arancha González Laya (Dean, Paris School of International Affairs, Sciences Po). The second panel discussed bilateral exchanges for a more competitive Europe and included Giuseppina Di Foggia (CEO, Terna), Valerio De Molli (Managing Partner & CEO, The European House – Ambrosetti) and Xavier Ragot (President, Observatoire Français des Conjonctures Economiques – OFCE).
During the event, the IPSOS Italia survey titled “Two Countries in the Mirror: France-Italy”, was presented. The survey, conducted with the support of Edison, examined the opinions of French and Italian citizens on economic, energy and political issues. Nando Pagnoncelli (President, IPSOS Italy) and Marc Lazar (Professor Emeritus, Sciences Po; holder of the BNL-BNP Paribas chair “French and Italian Relations in Europe”, Luiss) provided commentary on the survey, followed by a panel discussion with Nicola Monti (CEO, Edison), Stefano Buono (CEO, Newcleo) and Renato Ravanelli (CEO, F2i).
Two additional panels were held: the first focused on safety in Europe, with contributions from Enzo Benigni (President and CEO, Elettronica), Stéphane Israël (CEO, Arianespace) and Stefano Pontecorvo (President, Leonardo); the second explored mobility as a bridge between countries, featuring Vincenzo Nunziata (President, Aeroporti di Roma – ADR), Eléonore Tramus (General Manager Air France-KLM East Mediterranean) and Maurizio Bufalino (Deputy Director Italy, Tunnel Euralpin Lyon Turin – TELT).
Paolo Gentiloni, the European Commissioner for the Economy, along with Gilberto Pichetto Fratin, the Minister for the Environment and Energy Security of the Italian Republic, and Bruno Le Maire, the Minister for the Economy, Finance and Industrial and Digital Sovereignty of the French Republic, concluded the proceedings. The closing remarks were delivered by Paola Severino, Vice-President of Luiss, and Mathias Vicherat, Director of Sciences Po.

Attachments

• Christian Masset Ambassador of the French Republic to Italy
• Mathias Vicherat, Director, Sciences Po, Vincenzo Boccia (President, Luiss University), Arancha González Laya (Dean, Paris School of International Affairs, Sciences Po)
• Paola Severino Vice President Luiss University

GlobeNewswire Distribution ID 1000826295

VANCOUVER, British Columbia, June 21, 2023 (GLOBE NEWSWIRE) — Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) is pleased to provide stakeholders with its overview of the lithium market’s key developments thus far in 2023. As the demand for lithium continues to surge and questions about supply persist, Arbor remains committed to monitoring and analyzing market trends to best position itself in this evolving landscape.

Since the start of 2020, lithium carbonate prices have increased by over 585%.¹ The future of lithium appears promising, with the demand expected to skyrocket in the upcoming years, primarily fuelled by the electric vehicle (EV) industry.

In 2023, the lithium market witnessed significant announcements that shaped the industry. Here is an overview of the main news we have seen impacting the sector thus far this year:

Lithium Producers: Major lithium producers are expressing confidence in the market’s long-term prospects. With lithium brine assets in the US and the Salar de Atacama in Chile, Albemarle expects strong sales volume growth in the energy storage segment for 2023.² SQM forecasts increased demand this year, while Livent reported revenue growth in Q1 2023 and remains on track with capacity expansions.³

Lithium M&A Activity: Consolidation in the lithium space has accelerated in 2023. Albemarle’s unsuccessful bid for Liontown Resources⁴ and a joint venture’s unsuccessful bid for Essential Metals⁵ exemplify the heightened interest in merging or acquiring lithium projects. The mega-merger deal between Livent and Allkem, valued at US$10.6 billion, underscores the trend of consolidation driven by rising lithium demand.⁶

EV Makers and Lithium Supply: Electric vehicle manufacturers continue to secure lithium supply agreements, which have included agreements with already established producers. This growing focus on securing lithium supply demonstrates automakers’ recognition of the importance of securing critical resources for the EV industry’s growth.

Chile’s Lithium Industry: Chile, the world’s second-largest lithium producer, has announced plans to nationalize its lithium industry.⁷ The government’s goal is to stimulate the economy and safeguard the environment by issuing future lithium contracts via public-private partnerships with state oversight. This move aligns with Chile’s intention to encourage direct lithium extraction techniques to accelerate production and reduce water consumption.

Arbor remains committed to navigating the dynamic lithium market and capitalizing on the evolving landscape. The Company continues to assess strategic opportunities, advance its lithium projects, and contribute to the global transition towards cleaner and sustainable energy solutions.

About Arbor Metals Corp.

Arbor Metals Corp. is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide. Arbor is paving the way for advanced mineral exploration as it oversees world-class mining projects. The company is confident that combining quality projects with proven strategies and a dedicated team will yield exceptional outcomes. Arbor currently oversees three outstanding mineral projects.

The Jarnet lithium project, located in the James Bay region of Quebec, comprises 47 map-designated claims, covering an area of approximately 3,759 hectares. The Jarnet project is contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization, and represents one of the highest-profile lithium exploration projects in the sector.

For further information, contact Mark Ferguson, Chief Executive Officer, at info@arbormetals.com or visit the Company’s website at www.arbormetalscorp.com.

On behalf of the Board,

Arbor Metals Corp.

Mark Ferguson, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate,” “believe,” “estimate,” “expect,” “target, “plan,” “forecast,” “may,” “schedule,” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to planned project development and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Contact Data

CONTACT:

MRKT360 INC

https://mrkt360.com

Alex Zertuche

alexz@mrkt360.com

For E.S.T Office Hours, Call 1 416-477-0587

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¹ https://tradingeconomics.com/commodity/lithium
² https://www.albemarle.com/news/albemarle-reports-net-sales-increase-of-129-for-first-quarter-2023
³ https://s22.q4cdn.com/453302215/files/doc_financials/2023/q1/Press-Release-LTHM-1Q23-Earnings_vFinal.pdf
⁴ https://www.reuters.com/markets/commodities/lithium-miner-liontown-soars-rejecting-37-bln-bid-albemarle-2023-03-28/
⁵ https://www.reuters.com/markets/deals/australias-essential-metals-shareholders-reject-tianqi-igo-bid-2023-04-20/
⁶ https://ir.livent.com/news/news-details/2023/Allkem-and-Livent-to-Create-a-Leading-Global-Integrated-Lithium-Chemicals-Producer/default.aspx
⁷ https://www.reuters.com/markets/commodities/worlds-biggest-lithium-producers-2023-04-21/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3618b042-01cc-4fdc-9dc6-19987e9bc55d

GlobeNewswire Distribution ID 8861742

Almost half of respondents reported significant challenges related to a lack of integration between zero-trust solutions deployed on-premises and in the cloud

SUNNYVALE, Calif., June 20, 2023 (GLOBE NEWSWIRE) —

John Maddison, EVP Products and CMO at Fortinet

“The Fortinet 2023 State of Zero Trust Report shows that although more organizations are implementing a zero-trust strategy, they still face challenges related to integration. To successfully implement zero trust, organizations need solutions that are designed to converge networking and security and have the ability to span multiple environments, such as Fortinet Universal ZTNA and Universal SASE.”

News Summary
Fortinet^® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the findings from its global 2023 State of Zero Trust report. The results provide an overview of the current state of zero-trust security efforts and the progress IT teams have made following the pandemic-initiated need to secure remote workers. The report also delves into the continuing challenges many organizations face in securing a hybrid workforce.

Key findings from the State of Zero Trust Report include:

• Organizations of all sizes are working to implement zero-trust strategies. Since the last survey in 2021, companies have deployed more solutions as part of their zero-trust strategies. The number of respondents that report being in the process of implementation is 66%, up from 54% in 2021. Companies are working to enable zero trust everywhere to minimize the impacts of a breach.
• Organizations continue to face challenges in implementing their zero-trust strategies. Although companies are moving forward, they still face challenges. Nearly half of respondents (48%) indicated that a lack of integration between the zero-trust solutions deployed on-premises and in the cloud is the most significant issue they need to address. Other reported challenges relate to end-to-end policy enforcement, application latency, and a lack of reliable information to help select and design a zero-trust solution.
• Solutions must cover both on-premises and remote users with a consistent application access policy and success has been mixed. Many companies need to secure access to applications both on-premises and outside of the network, and nearly 40% of respondents report still hosting more than half of their applications on-premises. It’s notable that 75% also have encountered issues because of relying on cloud-only ZTNA.
• The consolidation of vendors and solution interoperability is crucial. Deploying solutions from multiple vendors has led to challenges such as the introduction of new security gaps and high operations costs. Larger companies in particular are looking to consolidate solutions to simplify operations and reduce overhead.
• SASE is a priority. The top priorities for SASE solutions vary, but “security effectiveness” is the most significant, with 58% placing it in their top three priorities. According to 89% of respondents, SASE integration with their on-premises solutions is also very or extremely important.

Despite claims that everything is moving to the cloud, most organizations still have a hybrid application and data strategy in place. ZTNA needs to work no matter where applications and users are located, and respondents indicated that the top areas that a hybrid ZTNA strategy must cover include web applications (81%), on-premises users (76%), remote users (72%), on-premises applications (64%), and SaaS applications (51%).

About the Zero Trust Report:
The Zero Trust Report is based on a global survey of IT decision-makers aimed at better understanding how far along organizations are in their zero-trust journey. The survey is intended to better understand the following:

• How well zero trust and ZTNA are understood
• The perceived benefits and challenges in implementing a zero-trust strategy
• Adoption of and the elements included in a zero-trust strategy

The survey was conducted from March 30-April 2, 2023 with 570 IT and security leaders from 31 different countries, representing nearly all industries, including the public sector.

Additional Resources

• Download the full report.
• Read the blog for key takeaways from Fortinet’s 2023 Zero Trust Report.
• Register for our webinar with Gartner about demystifying SASE: Americas or Europe.
• Learn how to better secure access for remote users to applications anywhere with Fortinet Zero Trust Network Access.
• Find out about our single-vendor SASE solution, which provides consistent security for users both on and off the network.
• Learn about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs.
• Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts, which provide timely steps to mitigate breaking cybersecurity attacks.
• Learn more about Fortinet’s FortiGuard Security Services portfolio.
• Read about how Fortinet customers are securing their organizations.
• Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube.

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact: Travis Anderson Fortinet, Inc. 408-235-7700 pr@fortinet.com

Investor Contact: Peter Salkowski Fortinet, Inc. 408-331-4595 psalkowski@fortinet.com

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GlobeNewswire Distribution ID 8860659