Data Storage
Globenewswire | July 04, 2023
ABP and OMERS Infrastructure have today announced the signing of an agreement for the acquisition of Kenter from Alliander Corporate Ventures. Kenter is an energy infrastructure solutions business providing medium-voltage infrastructure – including transformers and switchgear – and meters to over 25,000 commercial and industrial business customers in the Netherlands and Belgium. This investment is done by APG Asset Management on behalf of ABP, the largest pension fund in the Netherlands; OMERS Infrastructure is investing on behalf of OMERS, one of the largest pension plans in Canada.
ABP and OMERS investment in Kenter will be the consortium’s second joint investment in the Dutch B2B energy solutions sector, after reaching close on their investment in Groendus in November last year. Groendus develops, builds and operates rooftop solar and storage solutions, meters and electric vehicle chargers for its commercial and industrial business customers, as well as providing access to its proprietary energy management system and energy marketplace, Groendus Energiemarktplaats. Upon close, the shareholders envision that Kenter and Groendus will partner to offer existing and new customers holistic, integrated energy solutions to support the decarbonization of their operations and help them reach their net zero goals.
Harmen van Wijnen, Chairman of the Board of Trustees at ABP, said: “ABP likes to invest in the Netherlands in order to stimulate economic growth, employment and sustainable projects. We also want to contribute to the energy transition and wholeheartedly support our nation's climate objectives. Therefore, investments in the electrification infrastructure are needed on a large scale. This investment benefits our three million participants in several ways. It not only contributes to sufficient and sustainably generated energy in the Netherlands but also generates long-term value for our pension participants.”
Jan-Willem Ruisbroek, Head of Global Infrastructure Investment Strategy at APG, said: “The energy transition is propelling the electrification trend in the Netherlands and across Europe, aligning with the ambitious climate targets set by the EU. To ensure its success, substantial investments in essential electrical infrastructure such as transformers, meters, batteries and electric vehicle chargers are imperative for our society. By investing in Kenter, building upon our previous venture with Groendus last year, we intensify our efforts. We are looking forward to working with the management teams and staff to establish a national champion in the energy transition sector the Netherlands and abroad.”
Alastair Hall, Senior Managing Director and Head of Europe, OMERS Infrastructure, said: “We’re thrilled to announce OMERS second investment to enable the energy transition in the Netherlands. We look forward to growing a B2B energy solutions platform in the region, delivering energy infrastructure for businesses looking to meet their sustainability goals.”
Erik van der Ende, CEO of Kenter, said: “I am delighted with the choice of ABP and OMERS Infrastructure. As an independent company, when it comes to the energy transition, we take care of all the needs of our existing and new customers by offering total solutions in the field of energy infrastructure. We operate in an extremely attractive growth market and this proposed sale makes it possible for Kenter to really take full advantage of our potential. We look forward to continuing to work on the energy transition together with our customers, employees, partners and new shareholders.”
APG and OMERS Infrastructure were advised by DC Advisory, Emendo Capital and Allen & Overy. The closing of the transaction is expected in Q4 2023, subject to customary regulatory approvals. Terms of the deal are not being disclosed.
About OMERS Infrastructure
OMERS Infrastructure manages infrastructure investments globally on behalf of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada, and third-party investors through its Strategic Partnership Program. OMERS Infrastructure manages approximately C$34 billion, including capital invested on behalf of OMERS and third parties, in over 30 investments located in North America, Europe and Asia-Pacific and across sectors including energy, digital services, transportation and government-regulated services. OMERS Infrastructure has employees in Toronto, New York, the U.K., Amsterdam, Asia and Australia.
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Hyper-Converged Infrastructure, Windows Systems and Network
prnewswire | July 20, 2023
Midas Immersion Cooling, LLC ("Midas Immersion" or "Midas"), an industry leader in immersion cooling technology solutions for Bitcoin ("BTC") miners and Data Centers, with the largest deployed single-phase immersion cooling capacity of any manufacturer, announced today that it has entered into a long-term supply agreement (the "Agreement") with Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot"), an industry leader in BTC mining and Data Center hosting. Under the Agreement, Midas has secured an initial order of 200 megawatts (MW) of its latest generation of immersion cooling systems, as well as associated equipment and adiabatic coolers for Riot's Corsicana, Texas, operations. Midas designed the ASICE 2.0 immersion cooling systems in Texas, for manufacture in North America.
The Agreement provides delivery of the new immersion cooling systems by the end of 2023. Upon commissioning, the initial 200 MW of immersion cooling systems will bring the total deployed capacity of Midas immersion cooling systems to over 500 MW (0.5 GW).
Under the Agreement, Midas has also granted Riot the option to purchase up to 400 MW of additional ASICE 2.0 immersion cooling systems and ancillary equipment from Midas, on the same terms as the initial order. Assuming full exercise of Riot's option, the total worldwide deployed capacity of Midas immersion cooling systems would be in excess of 900 MW, upon commissioning. Riot may exercise the option, in whole or in part, through December 31, 2024.
"Midas is pleased to announce this landmark deal to continue as a trusted supplier to Riot," said Scott Sickmiller, CEO of Midas. "We remain committed to offering the best engineering, equipment performance, and customer support among immersion cooling providers."
"Riot is pleased to partner with Midas Immersion for our Corsicana Facility," said Jason Les, CEO of Riot. "Partnering with Midas will enhance Riot's approach in diversifying our immersion capabilities to ensure efficiency across our mining infrastructure, prolonging the life of our miners, while also increasing our ability to maintain low cost of power by eliminating the need for costly forced-air cooling."
About Midas Immersion Cooling
Midas Immersion Cooling is a leader in engineering design and integration of single-phase immersion cooling equipment solutions for ASIC miners and data servers. Midas Immersion's patented cooling tanks increase miner and server density, decrease power consumption, and significantly reduce cooling and infrastructure costs compared to traditional air-cooled environments.
About Riot Platforms, Inc.
Riot's vision is to be the world's leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has data center hosting operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado.
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Hyper-Converged Infrastructure, Data Storage
prnewswire | July 31, 2023
JupiterOne the industry's leading cyber asset analysis company, today announced a platform expansion focused on expanding customer capabilities by managing on-premises assets and making it easier for teams outside of security to utilize and benefit from the platform.
With the market settling into hybrid infrastructure as the norm and an increasing interest in asset visibility and analysis by product and operations teams, JupiterOne has delivered a trio of features to support these emergent use cases. The J1 On-Premises Collector, Unified Device Matrix dashboard and an AI-powered natural language search bring the power of the JupiterOne platform to new environments and organizations.
The J1 On-Premises Collectorextends JupiterOne's reach into privately managed environments, allowing asset data from both on-premises environments and private clouds to be easily ingested and analyzed. This will allow customers to expand the scope of assets and infrastructure they are able to manage in JupiterOne, providing them with the tools necessary to protect all their assets within one unified solution.
TheAI-powered natural language searchmakes getting answers from JupiterOne much more approachable for all teams. Users can ask a question like "Show me all laptops without anti-virus software installed" and the AI translates that into a specific J1 query on the fly. This enables teams to benefit from the asset insights generated by JupiterOne without having to become a JupiterOne power user. AI is also used to provide remediation guidance for compliance and security violations found in JupiterOne, based on best practices and the organization's infrastructure.
Unified Device Matrixprovides users with an easy to use, all-in-one device management dashboard. Device management solutions are often rife with errors and duplicated instances being reported by a multitude of asset data sources. Device View solves these technical challenges to provide a clean and trustworthy view into an organization's devices and proceeds to layer on additional integrations that enable critical device management use cases, such as endpoint detection and response (EDR) agents, anti-virus software and device management agents.
"By making JupiterOne easier to use and extending beyond cloud infrastructure, we are supporting security-by-design programs," saysJeff Whalen, JupiterOne's Senior Director of Product Marketing. "With security-by-design, it's vital that all teams, not just security, have easy access to the data they need to be accountable for their security responsibilities. The introduction of our AI-backed usability enhancements and the new Unified Device Matrix dashboard provides that easy access and the J1 On-Premises Connector provides the breadth of asset data across hybrid infrastructure."
The continued evolution of market trends has reinforced the importance of comprehensive asset analysis and the ability to provide security for a wider range of devices. These new product enhancements infuse intelligence into asset management responsibilities, elevating them to asset analysis, which provides critical insights about an organization's entire attack surface.
"These expansions to JupiterOne's asset management capabilities are critical as we continue to work toward our mission to decentralize and democratize security," saidErkang Zheng, founder and CEO of JupiterOne. "As the traditional CISO role continues to evolve and we move toward the future of cybersecurity, it is important to ensure that organizations have a complete visibility into their assets, regardless of whether those assets are cloud-based or on-premises, and no matter the technological skillset of the teams which need to know that information."
About JupiterOne
JupiterOne is a leading cybersecurity company specializing in cyber asset and attack surface management. Customers use the JupiterOne platform to connect the dots between all assets, people, and risks, providing deep context and insight into their expanding technology footprint. With unified cyber insights and one centralized view across hybrid and multi-cloud environments, security teams can make better data-driven decisions with confidence and address critical business challenges such as Cyber Asset Attack Surface Management (CAASM), Continuous Compliance, Cloud Security Posture Management (CSPM), and Vulnerability Prioritization. JupiterOne helps teams discover assets, map relationships, and triage risks to reduce their attack surface.
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