Food park gets cooking

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Peacock launches 40,000 sq ft Welsh office requirement

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Greater Manchester, South Yorkshire and Clwyd back SME fund

first_imgThe Greater Manchester, Clwyd and South Yorkshire UK local authority funds have committed to a £60m (€83.7m) small and medium-sized enterprise (SME) development fund.Launched by Foresight Group, it will target SMEs in the North West of England.The fund has attracted £20m from the Greater Manchester Pension Fund (GMPF) – at £17.6bn, the UK’s largest local authority scheme – and an undisclosed amount from the South Yorkshire Pensions Authority and Clywd Pension Fund.The fund will make private equity investments of up to £5m in businesses based in the English regions of Cheshire, Cumbria, Lancashire, Manchester, Merseyside, North East Wales and South Yorkshire. Foresight will open an office in Manchester to oversee investments, which it said would be across all sectors and types of private equity.Kieran Quinn, chairman at the GMPF, said: “This is an excellent example of local government pension schemes working collaboratively to generate commercial returns and provide a positive impact on the local economy.”The GMPF has previously spoken of the challenges in maintaining its 5% target allocation to private equity due to the rate at rate at which the asset class recycles capital.Bernard Fairman, chairman at Foresight, said the fund would seek to support a government initiative to revitalise growth in the UK’s North.“The region,” he said, “has a large number of underfunded SMEs, particularly within the niche engineering and hi-tech manufacturing sectors, creating opportunities for the fund to stimulate growth, generate jobs and deliver healthy risk-adjusted returns to investors.”Colin Everett, chief executive of Clwyd’s administering authority Flintshire County Council, added: “We are keen to collaborate with other local government pension schemes and believe this fund will provide a sustainable local economic impact along with commercial returns.”The GMPF’s £20m investment comes shortly after its £500m infrastructure joint venture with the London Pensions Fund Authority made its first investment, committing to a biomass fund.last_img read more

First LiDAR Deployed Off India

first_imgThe FOWIND Consortium has commissioned India’s first offshore LiDAR off the coast of Gujarat, in the Gulf of Khambhat, to measure the offshore wind resource. This marks India’s first systematic step towards measurement campaign, according to Balram Mehta, President of the Wind & Asset Management unit at ReNew Power.This offshore LiDAR is a Leosphere WINDCUBE v2 procured by FOWIND from MeteoPole. India’s National Institute of Wind Energy developed the offshore platform on which the LiDAR has been commissioned.The data will support India’s Ministry of New and Renewable Energy’s efforts towards exploring the full potential of offshore wind along India’s long coastline, FOWIND said.The four-year project aims to put together a roadmap for developing a sustainable and commercially viable offshore wind industry in India, FOWIND said, adding that with upcoming offshore wind feasibility assessments would further add to the knowledge of businesses and government institutions as to what is required for developing a successful offshore wind industry in India.The FOWIND consortium aims to complete the preliminary roadmap for offshore wind development in India in early 2018.“Providing the industry with preliminary measurement data to get a better understanding of the resource helps a great deal to make the stakeholders more comfortable since they can better estimate the risks involved,” said Mathias Steck, Executive Vice President & Regional Manager Asia Pacific, DNV GL – Energy.The consortium, led by the Global Wind Energy Council (GWEC), said that the commissioning of the LiDAR is another significant contribution towards ensuring that the offshore wind sector in India is supported by strong underlying technical data.In 2014, after a feasibility study of Indian offshore wind potential, Gujarat and Tamil Nadu were selected as ideal to feature the first Indian offshore wind farms. A year later, the FOWIND consortium released pre-feasibility reports which identified the key offshore areas where detailed wind resource assessment should take place off the coast of the two states.In October 2017, FOWIND launched a report that assesses the elements necessary in the future design of offshore wind farms to ensure grid integration with a preliminary evaluation of existing grid infrastructure across the two states.last_img read more

Report: Lundin secures Leiv Eiriksson Rig for more drilling in Norway

first_imgSwedish oil company Lundin Petroleum has reportedly signed a new term contract with Ocean Rig for the Leiv Eiriksson semi-submersible drilling rig.According to data on VesselsValue, the new contract is expected to start on April 15, and will last for two months.Data from the website shows the rig is currently on contract with Lundin until February 28, on a dayrate of $145.000. No dayrate for the new contract has been revealed.The rig’s latest work for Lundin was an exploration well on the Hurri prospect in the Barents Sea, spudded in early December 2017. Lundin said earlier this month that the well was dry.The Leiv Eiriksson is a 5th generation semi-submersible rig of a BINGO 9000 type, built in 2001. According to a presentation released by Ocean Rig in January, the company has granted Lundin two options to drill further wells in the future.Should Lundin exercise its remaining seven one-well options, the rig could be employed until the middle of 2019. The harsh-environment unit has worked all over the world since its delivery in 2001. It has spent last six years working for various operators on the Norwegian Continental Shelf.Lundin recently said its pre-tax exploration budget for 2018 would be $115 million with a total of eight planned exploration wells. Four wells are planned to be drilled in the southern Barents Sea.  and four the Norwegian North Sea.Offshore Energy Today Stafflast_img read more

NZ Medical Association not supporting medicinal cannabis

first_imgNewsTalk ZB 11 April 2018A group that supports doctors says it cannot support a bill to allow the use of medicinal cannabis because it isn’t a medicine.The New Zealand Medical Association has given it’s submission to a select committee this morning, putting forward its case against the legalisation of the illegal drug.Chair of the Association Kate Baddock, says there’s concern the Government put in a compassionate clause for the use of medicinal cannabis.“People who are within the end of life within 12 months would be able to use cannabis but would not be able to buy it because it is illegal to sell it, but it would be okay if they had it and it would not be criminally convicted.”She says understanding this can be very difficult to ascertainLISTEN TO KATE BADDOCK TALK WITH GREG BOYED up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

Beijing Toddler Jazz: Youngsters Get Entertained As Children Day Is Marked

first_imgThe first of June is International Children’s Day, and across Africa and the world, countries have been celebrating their children – and raising awareness of protecting them. In Beijin, at the at the Forbidden City Concert Hall, jazz performers from Denmark and the Beijing Children’s Palace Choir got an early START to the Children’s Day festivities when they came together on stage to perform European and Chinese children’s songs on Sunday. CCTV News Fei Ye was there and has more on what was so special about this event.last_img read more

“ECSTASY” Back For One Night Only

first_img Share Share Tweet Dr. Alwin Bully, Artistic Director of the Caribbean Theatre Network.Caribbean Theatre Network brings back to the Dominican public for one night only David Heron’s controversial play ECSTASY. This play which was performed to enthusiastic houses for three nights in December will be on stage at the Arawak House of Culture at 8pm on Sunday January 29, 2012. Written for mature audiences by acclaimed Jamaican playwright, David Heron, ECSTASY explores the sensitive issues of class, colour and sex as people try to find their place in a Caribbean society whose value systems are often based on family background, home address, workplace and what car they drive.The play makes those points so excitingly clear that it has audiences offering advice to the characters as it clashes the vibrant and popular Dancehall ghetto culture against the power and prejudices of Jamaica’s uptown sector with its set ways, unwritten rules and clear behavioural expectations. So when Jewel Brown, played by Marja “Lady Star”Jeffers, a sexy and ambitious Dance Hall Queen from the under-belly of one of Kingston’s meanest ghettos meets Richard Foster, played by Daryl Bobb, an over-protected rich boy in search of himself, the situation explodes taking the audience with it and, making ECSTASY one of the most entertaining and thought-provoking plays to hit the Dominican theatre scene in many years.This Dominican production also stars top ranking Radio personality and Entertainment Manager Miguel Labadie, Courts dynamic Marketing Manager Letricia Cadette, and thrilling new-comers Justina Worrell and Leyona John.Stage Management is by Gloria Augustus and Curtis Clarendon while set design is by Alwin Bully, Props by Sonia Riviere and Costume coordination by Claudia Henderson. Tickets are available at Bull’s Eye Pharmacy and Depex Color Lab.Press ReleaseCaribbean Theatre Network Sharing is caring!center_img 16 Views   no discussions LocalNews “ECSTASY” Back For One Night Only by: – January 25, 2012 Sharelast_img read more

Arsenal vs Chelsea: Late Leno error deny Arteta first win as Gunners boss

first_imgLate goals from Jorginho and Tammy Abraham completed a late turnaround as Chelsea stunned Arsenal with a 2-1 win at the Emirates Stadium. The hosts led until the 83rd minute through Pierre-Emerick Aubameyang until an error from Bernd Leno sparked a capitulation. Jorginho tapped home after a spill from the Arsenal goalkeeper with Abraham sliding home a winner four minutes later. Arsenal lost Chambers to a suspected knee injury a quarter of the way through and he was replaced by Shkodran Mustafi. But Arsenal’s momentum was not disturbed by the injury as they continued to make life difficult for the west London side. With his side clearly second-best, Lampard decided to ditch the 3-4-3 and hooked Emerson, with Jorginho coming on in his place. The change appeared to give Chelsea some more balance in midfield as they improved towards the end of the half, but Arsenal comfortably – and deservedly – led at the break. Lampard must have had a few stern words at the interval because Chelsea produced a response in the second half, showing more bravery on the ball and forcing Arsenal back. The Chelsea coach sent on teenagers Hudson-Odoi and Tarique Lamptey to give his side an injection of pace and it appeared to work with the latter impressing. And with just eight minutes remaining, the Blues restored parity after a horrendous error from Leno. Mount swung in a free-kick and the German stopper completely missed the punch when coming to claim, with Jorginho just tapping home at the far post. Loading… Read Also:Chelsea captain: We must deal with our inconsistency Arsenal went chasing upfield to try and restore the lead but were caught cold at the back as Chelsea completed a remarkable turnaround. Abraham broke forward on the counter and slipped it wide to Willian, who returned the favour and the 22-year-old slotted underneath Leno to hand the Blues the lead, which looked somewhat impossible at the break. With seven minutes added on, the Blues played out the final minutes to hold onto a crucial victory and move four points clear of fifth-placed Manchester United, while Arsenal were left to wonder how they had let victory slip from their grasp. FacebookTwitterWhatsAppEmail分享 center_img It was the Gunners who came firing out of the blocks early on, hounding the Blues in midfield areas and scanning the flanks for space in behind the full-backs. Arsenal were dominating all areas of the pitch with Chelsea struggling to keep the ball and it was certainly no surprise when Arsenal took the lead after 13 minutes. A well-worked set piece saw David Luiz flick towards Aubameyang at the far post and he directed his header past Kepa Arrizabalaga. Emerson was the man guilty of letting his man go at the corner and the Italian full-back was notably struggling to contain the threat of Nelson, who got in behind once again to set up Alexandre Lacazette, but the French striker fluffed his lines. Promoted ContentPlaying Games For Hours Can Do This To Your BodyWho Is The Most Powerful Woman On Earth?7 Ways To Understand Your Girlfriend BetterThe Models Of Paintings Whom The Artists Were Madly In Love With7 Universities In The World With The Highest Market Value6 Best Movie Cars You Could Own But Probably Can’t Afford7 Mind-Boggling Facts About Black Holes6 Best 90’s Action Movies From Your Childhood5 Of The World’s Most Unique Theme ParksThese Guys Are Turning 50 This Year. Feeling Old Yet?A Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This DayWho Earns More Than Ronaldo?last_img read more

Khan, Thomas and Drayton among top performers

first_imgCandidate Master Taffin Khan, Women’s FIDE Master Maria Varona-Thomas, and Candidate Master Anthony Drayton were among those who ended in the top spots when round two of the Guyana Chess Federation (GCF) Senior National Qualifiers chess tournament concluded last Sunday at the National Resource Centre, Woolford Avenue.Khan, Thomas and Drayton all ended with the maximum two points, as did Davion Mars, Calvin Giddings, and Chino Chung.Shazeeda Rahim, Aravinda Singh, Robert Neto, David Khan, and Frankie Farley all ended with one point each.Players like Joshua Gopaul, Joshua Ferdinand and Kristoff Persaud were unable to get off the mark.Taffin earned his two points after defeating Singh and national junior second place winner, Robert Neto. This left Neto to gain his only win in his next game against Persaud.Thomas took her two points after receiving a bye in the first round and then winning her match against Farley in the second. Earlier,Farley won his first game against Andre Jagnandan.Drayton gained his victories against former junior chess champion, Joshua Gopaul of Saint’s and veteran player, David Khan.Gopaul ended with zero after taking another beating from Giddings, who also carved out a win against Ferdinand. Chung’s first victim was Akili Theophil while he also won against Rashad Hussain.Singh’s lone point came when she won against Persaud, while David Khan repaired the damage of his loss to Drayton with a win over Nellisha Johnson,while Rahim won from Jessica Callender.Still to play in the tournament is bigwig Wendell Meusa. Meusa, who recently secured his transfer from Barbados Chess Federation to the local entity, will aspire to retain the crown for the third time. He has chalked up a FIDE rating of 1967 and is the highest local FIDE rated player.The tournament is being run on a round-robin format and will resume sometime during the week. The organisers said that the current venue will be unavailable and they are scouting a replacement before ascertaining the next playing days.last_img read more