Don’t Forget to Vote – City Council Election Features Contested Races for At-Large &…

first_imgBy Donald WittkowskiVoters will go to the polls Tuesday to elect five members to City Council in Ocean City’s nonpartisan municipal election. In the Fourth Ward, Guinosso decided not to seek re-election to spend more time with his family. The Fourth Ward race between Barr, Moiso and Russell includes three candidates who all have experience in elected or appointed office.Barr, who has served as a legislative aide to state Sen. Jeff Van Drew, was appointed to the New Jersey Pinelands Commission last year.Moiso, a local business owner, was a member of the Ocean City Board of Education for nine years, serving as its president in her last two years.Russell, a former teacher and Vietnam veteran, ran unsuccessfully for the Fourth Ward seat in 2012. He formerly served on the Ocean City Board of Education for 10 years and was vice president of the Cape May County School Board. The race for Council’s Fourth Ward seat will feature three candidates vying to succeed incumbent Peter Guinosso, who has decided not to seek re-election. The winner of the Bergman-Hayes matchup will fill the unexpired term of former At-Large Councilman Michael Allegretto through June 2018. Allegretto left Council last fall to become the city’s director of community services.Bergman was appointed by Council last fall to temporarily fill Allegretto’s seat until the election. Bergman, who works as director of catering for the Flanders Hotel, formerly served on Council from 2008 to 2012, but decided not to seek re-election in 2012.Hayes also has some prior experience on Council. In 2006, he was appointed to a six-month stint on Council, but lost his seat in the following election. Polls are open from 6 a.m. to 8 p.m. Two well-known figures in local politics, Karen Bergman and H. Lloyd Hayes III, will square off in the race for an at-large seat on the governing body. Although there will be competition in the Fourth Ward, the incumbents in the First, Second and Third wards are all running unopposed, ensuring them of re-election. Robert Barr, Brenda Moiso and Bart Russell are running in the Fourth Ward. Hayes’ experience in elected politics also included six years as a former member of the Ocean City Board of Education. He is a retired Ocean City teacher and swimming coach and is married to Cape May County Freeholder E. Marie Hayes. Michael DeVlieger of the First Ward, Antwan McClellan of the Second Ward and Tony Wilson of the Third Ward all were elected in 2012 and are in line for their second four-year term.last_img read more

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Japanese investment bank launches $45 million fund to seed domestic ‘mega solar’ plants

first_imgJapanese investment bank launches $45 million fund to seed domestic ‘mega solar’ plants FacebookTwitterLinkedInEmailPrint分享Environmental Finance ($):Daiwa Securities Group has launched the Daiwa GI Green Fund, called the “Solar Fund,” with a committed capital of totally ¥5 billion (US$45 million).The two asset managers of the fund, which will invest into large-scale solar projects in Japan, are GI Capital Management and Daiwa Real Estate Asset Management.The fund seeks to deliver stable operations by building the ‘mega solar’ plants with funding that partially finances the projects’ pre-construction phase and by receiving funding from financial institutions.Daiwa, with ¥67 trillion ($605 billion) assets under custody, has established Daiwa Energy & Infrastructure (DEI) to expand its business in the energy and infrastructure sector. As the Solar Fund is part of this expansion, it is planned that Daiwa will transfer its interest to DEI in the future.More ($): Daiwa launches solar fundAsset Publishing and Research Ltd.:Daiwa Securities Group and GI Capital Management are establishing the Daiwa GI Green Fund that will invest in large-scale solar power projects in Japan.The launch of the fund forms part of Daiwa’s plan to expand into the renewable energy space. It set up the Daiwa Energy & Infrastructure Co with the purpose of boosting its energy and infrastructure assets.According to Daiwa, its interest in the solar fund will eventually be transferred to the new Daiwa energy company.The solar fund’s business activities will contribute in achieving the United Nations’ 17 Sustainable Development Goals (SDGs), in particular, Goal 7: Affordable and Clean Energy and Goal 13: Climate Action.Daiwa Real Estate Asset Management is also a partner to the fund. Daiwa and Daiwa Real contribute in accelerating the introduction of renewable power generations in Japan through the funding of large-scale photovoltaic solar power plant projects.More: Daiwa Launches New Solar Fundlast_img read more

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