Warburg Pincus takes stake in Edelman Financial Engines

first_img 4 Why Tony Robbins, tax shelters and financial advisers don’t mix 5 For reprint and licensing requests for this article, click here,MOST READ 3 Private equity firm Warburg Pincus has taken a minority stake in Edelman Financial Engines. The investment, the size of which was not disclosed, values the company at $7.3 billion. The deal is expected to close in the second quarter, the company said in a release. House committee poised to advance SECURE 2.0 retirement savings bill Tools to automate a digital marketing strategy that delivers Hellman & Friedman remains the company’s majority owner. Hellman & Friedman bought a stake in Edelman Financial Services in 2015, purchased Financial Engines for $3.02 billion in 2018 and then merged the two.Edelman Financial Engines, one of the nation’s largest RIA firms, manages $260 billion.In 2019, Warburg Pincus took a majority stake in independent broker-dealer Kestra Financial.[More: Private equity’s unquenchable thirst for wealth management]center_img InvestCloud to acquire Advicent and NaviPlan planning software House panel unanimously passes SECURE 2.0 Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. Newsletters The Gates divorce: Lessons for financial advisers 1 2last_img read more

Romania to cut green certificates

first_imgRomania to cut green certificatesThe Romanian government has approved legislation that will severely cut PV incentives for investors. Critics say the move could lead to a halt in foreign investment for the country’s solar market. June 10, 2013 pv magazine Finance Legal Manufacturing Markets Markets & Policy Share The Romanian government announced a new emergency government ordinance on June 7 that will lead to the unexpected suspension of two out of six green certificates awarded to photovoltaic energy generators and which industry officials believe could lead to the cancellation of many PV projects. The new ordinance modifies Romania’s earlier system that granted investors six green certificates per megawatt hour fed into the national grid if they completed their projects by the end of 2013. These certificates can then be traded in a price range of between a floor value of €27 ($35.70) and a cap value of €55 ($72.72), subject to indexation. As a result of these changes, which begin July 1, the Romanian Energy Regulatory Authority (ANRE) will still issue PV solar plants six green certificates but withhold two of them until March 2017. Significantly, this provision does not include any guarantees that the two withheld certificates will eventually be recovered, which is a major source of concern for the industry. This new ordinance is expected to go into force on July 1, provided the European Commission is notified beforehand.Ciprian Glodeanu, president of the Romanian Photovoltaic Industry Association (RPIA), told pv magazine: “It could be construed that according to this ordinance, a reduction of the green certificates for PV could occur even in the course of 2013. Nevertheless, it is not clear yet if the government would adopt any decision to reduce the green certificates for PV during this year. Such a reduction … would obviously conflict with all public statements given so far by the representatives of the Romanian Energy Regulatory Authority, the energy minister and the prime minister, according to which there would be no reduction of green certificates before Jan. 1, 2014. “We consider that this ordinance is abusive, against the Romanian constitution and breaches the principle stated under the Energy Charter Treaty, which was ratified by Romania back in 1998,” Glodeanu added. “Also, it is a clear sign sent by the government that it has no clear vision regarding the renewable energy sector, which, by the enactment of this ordinance, will become unstable and unreliable.” Interestingly, as late as July 2012, the current government coalition supported law No. 134/2012, which stated that there would be no reduction of green certificates before Jan. 1, 2014, for PV and Jan. 1, 2015, for other technologies. “We do not understand what happened in these 10 to 11 months that triggered the government to change its opinion and to significantly alter the trust of investors in the Romanian business environment with these abusive measures. In these unpredictable and non-transparent circumstances, it is difficult to assess if investors will continue investing in the Romanian PV sector or if banks would keep on lending funds for such projects,” Glodeanu warned. RPIA expects that “most probably a lot of projects will be cancelled,” which will decrease foreign direct investment in Romania. Last year almost 50% of such investment in the country came from renewable energy projects. In addition, other projects will not be able to serve their debts to the banks, creating additional pressure for banks that are still struggling to find a solution for the non-performing loans granted during the real estate boom.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… 123456Share pv magazine The pv magazine editorial team includes specialists in equipment supply, manufacturing, policy, markets, balance of systems, and EPC.More articles from pv magazine Related content Submarine cable to connect 10.5 GW wind-solar complex in Morocco to the UK grid Emiliano Bellini 22 April 2021 pv-magazine.com UK-based Xlinks is planning to build 10.5 GW of wind and solar in Morocco and sell the power generated by the huge plant in the UK. 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Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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For more information please see our Data Protection Policy. Subscribe to our global magazine SubscribeOur events and webinars Roundtables USA 17 November 2020 pv-magazine.com New for this year, the program will be developed and moderated by Eric Wesoff the new editorial leader of the U.S. platform. Out with the old… A guide to successful inverter replacement , pv-magazine.com Discussion participantsRoberto Arana-Gonzalez, Service Sales Manager EMEA, SungrowFranco Marino, Regional Service Mana… Grid code compliance in megawatt projects 27 April 2021 pv-magazine.com Discussion participantsEhsan Nadeem Khan, Grid Code Compliance Engineer, meteocontrolModeratorsMarian Willuhn, Editor… iAbout these recommendations pv magazine print Korea shifts into top gear pv magazine 7 April 2021 pv-magazine.com There is a fresh sense of urgency and common purpose in South Korea toward combating climate change. In 2021, government… Time to standardize pv magazine 7 April 2021 pv-magazine.com Not all quality control plans, processes and agreements are created equal, writes Frédéric Dross, the VP of strategic de… Flexible tools for the next generation Jonathan Gifford 7 April 2021 pv-magazine.com A solar manufacturing investment cycle appears to be underway in Europe, with equipment suppliers reporting surging leve… ESG criteria: Should developers take notice? Michael Fuhs 7 April 2021 pv-magazine.com Something is brewing in the financial world. “Sustainable finance” and the growth of ESG funds have been taking the mark… Battery testing builds certainty pv magazine 7 April 2021 pv-magazine.com Owners and operators of energy storage systems, as well as investors, need transparent ways to evaluate battery performance. Polysilicon from Xinjiang: a balanced view pv magazine 7 April 2021 pv-magazine.com As of March, the United States and Europe were considering sanctions on polysilicon from Xinjiang, China, due to concerns over forced labor. iAbout these recommendationslast_img read more

Algeria ramps up investment in renewables

first_img Finance and Policy This has largely been due to increased demand in gas processing industries, including Liquid Natural Gas (LNG) and petrochemicals industries, News Ghana reported at the time.The ministry added that energy products such as gasoline and diesel have been largely affected by this growth.In 2015, the market experienced a large jump in demand between January and September, which saw a 13.6% rise compared to 2014.The report recorded a “significant” increase for natural gas in the first nine months of 2015, which was as a result of increased consumption of power plants by 13% to 30 billion cubic metres. Generation Previous articleNuclear procurement process hits breaks until further noticeNext articleNigerian Bank reaffirms dedication to solar electrification Ashley TheronAshley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa. On Wednesday, executive manager of an Algerian state-owned energy company announced plans to develop a large-scale power project to boost the renewables sector.According to Mustafa Qaytouni, the details of the project will be disclosed during the 15th meeting for the Global Energy Club, which is said to be worth $120 billion, Anadolu Agency reported.Renewables to diversify energy mixAccording to Qaytouni, the first stage of the project should produce 4,000MW from alternative energy sources and 500MW from wind power, the Middle East Monitor reported.Africa’s largest natural gas producer, has been looking to procure energy from alternative energy sources, through which it could preserve part of its fossil fuel energy for future generation, media reported.The project, which was approved in May 2015, is planned to produce 22,000MW of renewable energy by 2030.Algeria in need of alternativesEarlier this year, the Algerian energy ministry released a report documenting that the west African country has seen a 7.5% increase in domestic energy consumption over the past year. BRICScenter_img Low carbon, solar future could increase jobs in the future – SAPVIA RELATED ARTICLESMORE FROM AUTHOR AFD and Eskom commit to a competitive electricity sector UNDP China, CCIEE launch report to facilitate low-carbon developmentlast_img read more

James Irwin Takes Advanced Championship at Cornerstone

first_img Horse Sport Enews SIGN UP Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! James (Jaimey) Irwin of Stouffville, ON swept the Advanced Division at the Cornerstone Farms Summer Festival, July 15-17, 2011, held at the Caledon Equestrian Park.  Riding Winston, Mary Ellen Horgan’s 14-year-old Dutch Warmblood gelding by Whinny Jackson, Irwin earned scores of 70.684% in the Prix St. Georges, 70.132% in the Intermediaire 1, and 73.875% in the Intermediaire 1 Freestyle.Both Jaimey and his wife Tina have been campaigning Winston this season, and both have qualified to compete at the Pan American Games team trials in August. As of July 23, Jaimey led the qualification race with a combined average of 70.412%. Under Tina, Winston was the Alpha Omega Horse of the Month for June 2011, and Tina herself was declared the Red Scarf Athlete of the Month for June. She currently sits in fourth place in the qualification standings, an impressive feat given that she just began showing in May, having given birth to their first child in February.  When asked who would be competing at the team trials, Jaimey replied:“I think the situation that we have is a very unique one.  I don’t believe that it has ever happened before that a husband and wife … have both qualified on the same horse for a major team event.  Winston is an exceptionally consistent horse … exactly what a team horse should be.  I feel very fortunate to be able to ride such a horse and could not have had the success without the amazing support of Mary Ellen and Michael Horgan who own Winston.  I know that everyone wants to know who will be riding Winston at the trials and that will be Tina.  That was the deal since Tina had a baby and was riding Winston before, she would get the ride if she could.  I had trained Winston all winter to get him to the point where he would be strong, fit and very consistent to be a top contender for the Pan Am Games.”In the Grand Prix division, 2007 Pan American Games team silver medalist Diane Creech of Caistor Centre, On, won the Grand Prix and Grand Prix Special classes with Devon L.  The 11-year-old Hanoverian gelding (by DeNiro) is owned by Creech’s long-time sponsor Douglas Leatherdale. This is the gelding’s second year at Grand Prix, and he is very comfortable now at dressage’s highest level.  The pair was also victorious at the two Milton CDIs in June.“We are very excited having several international judges agreeing on the quality in Devon L’s Grand Prix Work. He is showing with more maturity and consistency. We do love to see how pleased he is with himself and happy,” said Creech.Also coming off her success at the Milton CDIs was Olympian Jacqueline Brooks of Cedar Valley, ON. She and Gran Gesto, the 16-year-old Oldenburg gelding owned by Brinc Ltd and Anne Welch, won the Grand Prix Freestyle with a very solid score of 70.950%. Not one of the five judges scored the duo below 70 percent, a testimony to the combination’s experience and crowd-pleasing performance.The FEI Young Horse division was also part of the CDI3*. Olympic Bronze Medalist Gina Smith of Brockville, ON, rode Royal Flush, a Hanoverian gelding by Royal Prince, owned by The Firelight Group, to scores of 71.600% (Preliminary) and 76.00% (Final) in the Six-Year-Old classes. Smith’s student, Kelsey Dickson of Brockville, ON, won both Five-Year-Old tests with Danbury, a Hanoverian gelding by DeNiro that is also owned by the Firelight Group. They scored 73.600% in the Preliminary and 78.000% in the Final.Competition organizers Barbara Mitchell and John Taylor of Cornerstone Farms, an Orangeville-based hunter-jumper facility, have been running dressage competitions for 19 years, the last 16 at the Caledon Equestrian Park, site of the equestrian venue for the 2015 Pan American Games.  In order to meet the needs of riders qualifying for this year’s Pan American Games, and next year’s London Olympics, a total of nine FEI judges officiated at the competition.  The presence of an FEI 5* judge (Linda Zang) also enabled Grand Prix riders to obtain a certificate of capability for the 2012 Olympics.  The competition was held in conjunction with an Equine Canada Gold Competition, and had a total of 217 entries, 39 entries in the CDI, and eight foreign riders. Six of the seven available rings were used for this competition, and despite the scorching heat, only two entries scratched. Mitchell and Taylor were not upset with the heat, however, given that their June show was very wet. “No complaints from us, at least the sun was shining,” said Mitchell.The next Cornerstone dressage competition will feature the second leg of the Pan American team dressage trials, August 19-21 at the CEP.  The first will be held at the Orangeville Show Grounds, August 5 – 7, and is being hosted by the Caledon Dressage Association.The judging panel of the Cornerstone Summer Festival CDI3* included Linda Zang, FEI 5* USA; Gabriel Armando, FEI 4* ARG; Hilda Gurney FEI 4* USA; Lorraine Macdonald FEI 4* CAN; Joan MacCartney FEI 4* CAN; Lorraine Stubbs FEI 4* CAN; Lois Yukins FEI 4* USA; Charlotte Bredhal-Baker, FEI 3* USA; and Sarah Geikie FEI 3* USA.~ Angela Booth Malleau for Dressage Canada Results — CDI 3* Cornerstone Summer Festival         Place / rider / hometown / horse / owner / scoreGrand Prix1/Diane Creech/ Caistor Centre, ON /Devon L /Douglas Leatherdale/67.447%2/Gary Vander Ploeg/King City, ON/Cezanne/Jean Vander Ploeg/67.383%3/Gary Vander Ploeg/ King City, ON /Degas/Gary Vander Ploeg/64.851%4/James Irwin/Stouffville, ON/Lindor’s Finest/ Sylvia Carlton & Ute Busse /64.021%Grand Prix Special1/Diane Creech/ Caistor Centre, ON /Devon L /Douglas Leatherdale/65.688%2/Victoria Winter/Toronto, ON/Proton/Cynthia and Neil Ishoy3/Evi Strasser/Ste. Adele, QC/Action Tyme/Evi Strasser4/Gary Vander Ploeg/King City, ON/Cezanne/Jean Vander PloegGrand Prix Freestyle1 / Jacqueline Brooks / Cedar Valley, ON / Gran Gesto / Brinc Ltd. and Anne Welch / 70.950%2 / Gary Vander Ploeg / King City, ON / Degas / Gary Vander Ploeg / 69.725%3 / Heather Mason / United States / Respekt / Heather Mason / 67.450%4 / Jaimey Irwin / Stouffville, ON / Lindor’s Finest / Sylvia Carlton and Ute Busse / 67.150%5 / Simone Williams / Navan, ON / Wunder Ein / Simone, Margaret & Robert Williams / 66.300%CDI Prix St. Georges1/James Irwin/Stouffville, ON/Winston/Mary Ellen Horgan/70.684%2/Heather Mason/USA/Warsteiner/Heather Mason/68.921%3/Roberta Morris/Brantford, ON/Reiki Tyme/Roberta Morris/67.368%4/Jaimie Holland/ Caledon, ON/Fleurina/Jaimie Holland/67.315%5/Andrea Bresee/Uxbridge, ON/Di Scansano/ Stephanie Beauregard/67.079%CDI Intermediaire I1/James Irwin/Stouffville, ON/Winston/Mary Ellen Horgan/70.132%2/Heather Mason/USA/Warsteiner/Heather Mason/69.342%3/David Marcus/USA/Chrevi’s Captial/ Deborah Kinzinger/ 68.974%4/Andrea Bresee/Uxbridge, ON/Di Scansano/Stephanie Beauregard/67.263%5/Roberta Morris/Brantford, ON/ Reiki Tyme/Roberta Morris/66.684%Intermediaire 1 Freestyle1/James Irwin/Stouffville, ON/Winston/Mary Ellen Horgan/73.875%2/Heather Mason/USA/Warsteiner/Heather Mason/71.375%3/David Marcus/USA/Chrevi’s Capital/ Deborah Kinzinger/70.025%4/Armand Valkenborg/Ste. Marthe, QC/Hermione 2/ Barbara Blackwell/69.500%5/Andrea Bresee/Uxbridge, ON/Di Scansano/Stephanie Beauregard/68.575%CDI Young Horse 5-Year-Old Preliminary1 Kelsey Dickson/Brockville, ON/ Danbury/ The Firelight Group/ 73.600%2 Harper MacKenzie/Millgrove, ON/Deluxe/ Patricia Douglas /64.200%CDI Young Horse 5-Year-Old Finale1 Kelsey Dickson/Brockville, ON/ Danbury/ The Firelight Group/ 78.000%2 Harper MacKenzie /Millgrove, ON/Deluxe/ Patricia Douglas 67.200%CDI Young Horse 6-Year-Old Preliminary1/Gina Smith/Brockville, ON/Royal Flush/The Firelight Group/71.600%CDI Young Horse 6-Year-Old Finale       1/Gina Smith/Brockville, ON/Royal Flush/The Firelight Group/76.00%Full results can be found at http://www.cornerstonefarms.com/ Tags: Cornerstone Farms, James Irwin, center_img Email* We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. More from Horse Sport:Christilot Boylen Retires From Team SportAfter an exemplary career as one of Canada’s top Dressage riders, seven-time Olympian Christilot Boylen has announced her retirement from team competition.2020 Royal Agricultural Winter Fair CancelledFor only the second time in its history, The Royal Agricultural Winter Fair has been cancelled but plans are being made for some virtual competitions.Royal Agricultural Winter Fair Statement on 2020 EventAs the Province of Ontario starts to reopen, The Royal’s Board and staff will adhere to all recommendations put forward by government and health officials.Government Financial Assistance for Ontario FarmersOntario Equestrian has recently released this update of several financial assistance packages available, including those for farm business.last_img read more

6 people found killed in 2 homes in Tennessee; suspect captured

first_imgUPDATE: We are now confirming a sixth fatality in this ongoing homicide investigation. The body of a fifth victim was found during the ongoing effort to process the Charles Brown Road scene. Efforts to identify all of the victims remain ongoing. pic.twitter.com/n9Lgmrz3av— TBI (@TBInvestigation) April 28, 2019The victims have not been identified. Another person at the initial scene was injured and transported to the hospital.Police identified a suspect Saturday and launched a manhunt in which as many as 150 law enforcement agents fanned out across the surrounding rural area to search for 25-year-old Michael Cummins. Authorities also warned residents that he may be armed.Devine said a search plane flying over the region spotted an individual in a wooded area and sent officers to the location.“He was found in a remote area very close to the scene where these events occurred,” Josh Devine, communications director for TBI, said Saturday night.Cummins was hiding in a creek bed and drew his weapon as the officers approached, authorities said.Police opened fire and struck Cummins at least once. He was later taken into custody and transported to a local hospital, police said.He is expected to survive.No officers were injured, authorities said.Cummins is awaiting charges for the alleged shooting, authorities said.The relationship between Cummins and the victims was not clear, but the investigation is still ongoing, DeVine said at a press conference on Saturday.Copyright © 2019, ABC Radio. All rights reserved. iStock/kali9(NEW YORK) —  A suspect was taken into custody after six people were killed in two separate homes over the weekend in Tennessee, authorities said.Officials with the Tennessee Bureau of Investigation (TBI) responded to a home Saturday night on Charles Brown Road in Sumner County, where initially four people were found dead.A fifth victim was later found in another residence on Luvy Daniels Road, authorities said.Another person was found dead at the Charles Brown Road home, authorities announced Sunday afternoon.last_img read more

One dead, two firefighters hurt after blaze engulfs assisted living facility in Spring Valley, New York

first_imgObtained by ABC NewsBy AARON KATERSKY, ABC News(NEW YORK) — One resident died after a fire broke out at an assisted living facility in the early hours of March 23.Fire burned through a Spring Valley, New York, assisted living facility, killing one resident and prompting dozens of middle-of-the-night rescues.Flames broke out inside the Evergreen Court For Adults on Lafayette Street just after 1 a.m. Tuesday morning.Between 20 and 25 residents were rescued by firefighters in what they described as a “chaotic scene.”One resident was pronounced dead at a local hospital.A portion of the building collapsed as firefighters battled the blaze. One firefighter was briefly trapped in the burning structure.Two firefighters were injured. One was admitted to Westchester Medical Center and another was treated at Hackensack University Medical Center and released.One of the firefighters appears to have suffered a medical condition, possibly a heart attack, official said. Another is unaccounted for.Denise Kerr, the director of the Evergreen Court Home for Adults called the fire an “unspeakable tragedy” in a statement Tuesday afternoon.“Our hearts and prayers go out to all individuals and families who have been impacted. We join the community in mourning the loss of our resident who passed away and pray for the safety of the missing firefighter,” Kerr also said.The facility is “fully cooperating with all state and local authorities” in their investigation of the fire and that all 112 residents had been accounted for, relocated and that their families are being contacted.“Anyone who wishes to reach us to inquire about a family member can call 973-378-1997 or email [email protected],” Kerr added.The building is a total loss.K9 and other specialized units will search the fire debris for any possible victims.The facility offers assisted living, nursing home facilities and continuing care for older adults.Copyright © 2021, ABC Audio. All rights reserved.last_img read more

BODYARMOR partners with Penske, builds on Blaney backing

first_imgMOORESVILLE, N.C. — Team Penske announced today that BODYARMOR Sports Drink will be featured as the primary sponsor on the No. 12 Ford Fusion driven by Ryan Blaney for the NASCAR Cup Series race at Daytona International Speedway on Saturday, July 7. This marks the first-ever race team partnership for BODYARMOR, which began working with Blaney last season.BODYARMOR Sports Drink will also be an associate sponsor on the No. 12 Ford Fusion for four additional Cup Series races during the 2018 season, beginning with the event at Kansas Speedway on May 12.RELATED: New Glass Case of Emotion podcast“We are excited to have BODYARMOR join Team Penske and bring a new brand with a lot of energy and vision to our organization,” said Roger Penske. “As we have grown our NASCAR Cup Series program to three full-time entries in 2018 we look forward to new opportunities with Ryan and new partners like BODYARMOR.”In addition to its sponsorship with Team Penske, BODYARMOR Sports Drink has also launched its “BODYARMOR Heroes” promotion. Consumers across the country will be able to honor a military hero of their choosing by posting to social media using the #BODYARMORHeroes hashtag with a photo and short description of their hero through Twitter, Facebook and Instagram. The winner will have his or her hero’s image and likeness featured on Blaney’s No.12 BODYARMOR Ford Fusion for the July 7 race in Daytona. The military hero will also get the opportunity to attend the race and meet Blaney.“BODYARMOR is thrilled to be partnering with Team Penske this year – and extremely proud to be launching the BODYARMOR heroes program which will honor our country’s real-life military heroes by working with them on our race activation,” said Michael Fedele. “BODYARMOR Sports Drink is a go-to option for anyone in need of superior hydration and we are excited to be hydrating Ryan and his team on and off the track again this year.”BODYARMOR Sports Drink, the better-for-you hydration option with natural flavors and sweeteners, and potassium-packed electrolytes, first joined forces with Blaney last year when the brand partnered with the Team Penske driver before the start of the 2017 season.“It’s great to build on the relationship with BODYARMOR and have them as part of the development of the No. 12 Ford team,” said Blaney. “BODYARMOR has partnered with some great athletes in many different sports and we look forward to adding to that legacy and increasing the presence of their brand through our team in NASCAR.”STANDINGS: Blaney ranks secondAt just 24 years old, Blaney is a key pillar of NASCAR’s youth movement. Last season, he captured his first Cup Series pole at Kansas Speedway and his first Cup Series win at Pocono Raceway and earned a spot in the NASCAR Playoffs for the first time in his young career. Already in 2018, Blaney has shined — earning a victory in one of the Duels at Daytona and leading a race-high 118 laps in the season-opening Daytona 500. Blaney currently sits second in the NASCAR Cup Series point standings.BODYARMOR is the fastest growing sports drink in its category. The consumer demand for a better-for-you sports drink has made BODYARMOR the number three sports drink in the U.S. Along with Blaney, BODYARMOR has amassed a superstar roster of professional athletes who are also investors in the company, including James Harden, Mike Trout, Anthony Rizzo, Andrew Luck and Dustin Johnson, among others. Kobe Bryant is the number three shareholder in BODYARMOR.The 2018 season continues this weekend with the Pennzoil 400 presented by Jiffy Lube at Las Vegas Motor Speedway on Sunday, March 4.last_img read more

Justin Allgaier wins Most Popular Driver Award in Xfinity Series

first_imgThe fans have spoken. Justin Allgaier has been named the NASCAR Xfinity Series Most Popular Driver for the first time.Allgaier, 33, takes the mantle from former teammate Elliott Sadler, who had won the fan-voted honor for three consecutive years. Sadler retired from full-time racing following the conclusion of the 2018 season, paving the way for Allgaier’s ascension in the voting this year.RELATED: Relive Allgaier’s clutch win at ISM RacewayThe driver of the No. 7 JR Motorsports Chevrolet finished fourth in the final Xfinity Series standings after making it to the Championship 4 for the third time in four years. His victory in the penultimate race of the year at ISM Raceway in Phoenix clinched a spot in Miami, where he finished 14th.Allgaier is known for his affable attitude and fan-friendly demeanor. He often is surrounded by wife Ashley and daughter Harper on pit road before strapping in.The veteran finished the year with that one win in Phoenix, 16 top-five finishes and 24 top 10s in 33 races. He’s up to 11 wins all time in the Xfinity Series.The award for Allgaier continues an eight-year run for JR Motorsports drivers. Other former JRM drivers to earn the honor during that time include Sadler (2016-18) Chase Elliott (2014-15), Regan Smith (2013) and Danica Patrick (2012).last_img read more

Three decades after founding, Tour de Shawnee Bike Ride continues to celebrate cycling

first_imgThe Tour de Shawnee Bike Ride has offered family-friendly routes for the past 20 years. This photo was taken in 2003. File photo from city of Shawnee photo archivesThe city of Shawnee is celebrating three decades of cycling with the 30th annual Tour de Shawnee Bike Ride.Tonya Lecuru, deputy parks and recreation director for Shawnee, said the tour first started to introduce residents to cycling as an alternative form of transportation to move about the city. City staff had mapped out particular routes to introduce cyclists to various parks and amenities in Shawnee as well.Lecuru said she definitely thinks the city has accomplished its goal of introducing cyclists to on-street bike lanes, Share the Road, off-street trails and other bicycle-friendly options for motorists and cyclists alike.“It’s helped us receive our bicycle-friendly designation,” she said. “We were the first in the state of Kansas to receive that, and it’s because of our commitment to the bicycling community.”The Tour has also engaged residents in the city’s process for developing future bike lanes and bicycle-friendly streets as Shawnee plans for future road infrastructure upgrades, Lecuru added. The city has established 9.23 miles of bike lanes and 72.26 miles of Share the Road streets, and 12.31 miles of trails.Here’s a look at the city’s future plans for bicycle accessibility:“There’s a lot more bicyclists than people are aware of, and we want to make it safe by incorporating it into the design of the roads and the routes, being able to plan that far in advance,” Lecuru said, citing the city’s bicycle master plan. “It’s really made a difference.”As to the Tour itself, the routes have evolved over the years, with the shortest route being 25 miles and the longest at 50. City staff found they wanted to create a more family-friendly experience, so they created a shorter route at 5 miles and made the longest route be 25 miles.“For some folks, 12 miles, 25 miles is intimidating; the 6 miles is a little more doable,” Lecuru said. “However, when we got rid of the 50-mile route, a lot of our hardcore distance riders, we lost those because even for them, 50 miles was a shorter option.The Tour de Shawnee Bike Ride in 2009. File photo from city of Shawnee photo archives“Over the years, we’ve evolved to something that’s more family focused so that all riders of a variety of different abilities can participate,” Lecuru added. “Those riders who do ride a lot, it’s kind of a way for them to be able to share their passion of riding with their families that maybe don’t want to go out and ride. It’s also a way to introduce kids to the sport.”Each intersection is monitored for safety of the cyclists, and there are four rest stops with refreshments to keep cyclists fueled up. Average participation is about 400 cyclists, with as many as 700 participating one year. Since its inception in 1989, total attendance has reached 10,000.This year’s Tour de Shawnee takes place Sunday, Aug. 25. The event is sponsored by the Shawnee Parks and Recreation Department and benefits the JDRF, a nonprofit for type one diabetes research.Riders can choose from three routes: 5-mile, 12-mile or 25 mile route. Check in begins at 6:30 a.m. and the ride will start at 7:30 a.m. The tour will start and end at Power Play Family Entertainment Center at Shawnee Mission Parkway and Pflumm Road.Riders who wish to continue on to the 12-mile route must reach 61st and Rosehill by 8:15 a.m. All riders who wish to continue on to the 25-mile route must reach Midland and Maurer by 8:40 a.m.Registration and additional information is on the city’s website. Helmets are required for participants.last_img read more