All articles by Jason T
Jason T
Siemens Financial Services wins contract to develop wind farms off UK coast
The Smart Wind consortium, led by Siemens Project Ventures and Mainstream Renewable Power, has won a major contract from the Crown Estate to develop one of the nine 111 billion wind farm zones off of the UK coast.
UniCredit CEO Max Moi joins Leaseurope board
Leaseurope has appointed Massimiliano Moi, CEO of UniCredit Leasing, as a new member of its board of directors.
2010 will be a “growing year for tech” (Free)
Pent-up demand for new equipment will drive higher technology spending this year, giving lessors the opportunity to grow their market share in this sector.
Davenham Group looking for a buyer (Free)
AIM-listed financial group Davenham has confirmed that it is looking for a buyer.
BMW Financial Services launches ?800m bond (Free)
German vehicle manufacturer BMW is launching an 800 million bond backed by vehicle leases, amid signs that the securitisation market is returning to form. The first tranche, for 742 million, is rated AAA by Fitch Ratings and Standard & Poors, while the second tranche, of 58 million, is rated A by both ratings agencies.
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Chinese investment in ‘green’ asset finance growing significantly (Free)
Chinese asset finance investment in wind turbines rose by 27 percent year-on-year to $21.8 billion (15 billion), while investment in solar technology almost doubled to $1.9 billion, according to Bloomberg New Energy Finance. Chinas big appetite for green energy to swiftly reduce its heavy dependence on coal was a major driving force, said Hidetoshi Shioda, a senior energy analyst at Mizuho Securities Co
Smartfundit’s administrators preparing director disqualification report (Free)
(Free) Administrators Vantis are still in the process of unravelling what went wrong at Smartfundit.com Ltd and parent company Corporate Computer Lease Ltd (CCL), Leasing Life can reveal.
Siemens Financial Services: what is happening?
After all, many factors contribute to profit and return, so it is usual to see some upward or downward movement.
GE Capital provides £15m to vehicle rental company
GE Capital has agreed to provide a £15 million (16.6 million) working capital facility for Scot Group, an independent vehicle rental company. The deal, a three-year £15 million revolving credit line, will be used to fund anticipated growth at the Exeter-based company, which owns the Thrifty Car & Van Rental and Dollar Rent a Car UK franchise.