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Trevian expands business to infrastructure investments starting from data centers

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HELSINKI, Oct. 4, 2024 /PRNewswire/ — Trevian Asset Management is expanding its business to include infrastructure investments. Jukka-Pekka Joensuu, who has solid experience in advising, planning, and managing strategic projects, is responsible for developing the new business unit. The focus areas of Trevian’s infrastructure business unit are investments related to data centers and energy recovery and storage. Trevian has initiated its first data center projects during the year 2024.

Jukka-Pekka Joensuu has been appointed the lead advisor for Trevian’s new infrastructure business unit. He is responsible for mapping, analyzing, and developing the market and projects in line with Trevian’s strategy.

– Finland has an exceptional potential for implementing large-scale infrastructure projects. These projects align perfectly with Trevian’s strategy, as energy management related to real estate and socially significant investments are at the core of Trevian’s strategic focus. Jukka-Pekka Joensuu’s expertise in the field adds substantial value to Trevian, says Reima Södervall, CEO of Trevian Asset Management.

Jukka-Pekka Joensuu is an experienced expert in initiating, planning, and managing strategic infrastructure and investment projects and has acted as an advisor to the Finnish state and institutional investors in the project concerning the submarine cable between Finland and Germany and in the joint Nordic data center development initiatives.

– In the next five years, the capacity of Finnish data centers is expected to multiply. Finland excels in implementing safe and functional data centers, and the country is large, stable, and strategically close to central locations of the European economic area. This is an important and topical business area on which I am happy to work with Trevian, says Joensuu.

Trevian initiated the first data center projects in 2024 as part of the new infrastructure business unit operations. Finland has become a leading country in European data center development due to its climate, bedrock, stable operating environment, and reliable energy distribution. Consequently, significant growth in data center capacity is expected in Finland in the coming years.

For additional information, please contact:
Reima Södervall
CEO
Trevian Asset Management
+358 50 3627 400
reima.sodervall@trevian.fi 

Trevian Asset Management is a Finnish real estate investment and property management company focused on commercial and residential real estate, owned by its key personnel. We offer full-service asset management and structured investment services throughout the whole investment lifecycle. The services are focused especially for institutional real estate investors, banks, and other professional investors. Trevian’s assets under management is 1.2B€. www.trevian.fi/en 

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https://news.cision.com/trevian/r/trevian-expands-business-to-infrastructure-investments-starting-from-data-centers,c4046972

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SOURCE Trevian

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Enghouse Systems Limited Announces Resignation of its President and Transition of Responsibilities

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MARKHAM, ON, Oct. 4, 2024 /CNW/ – Enghouse Systems Limited (TSX: ENGH) today announced that Vince Mifsud, President, has tendered his resignation from the Company to pursue another opportunity. His departure will be effective December 2024, upon completion of the 2024 Enghouse fiscal year. Mr. Mifsud will transition his responsibilities to Steve Sadler, Chairman and CEO of Enghouse prior to his departure. The Company intends to conduct a comprehensive search for Mr. Mifsud’s replacement. 

“We are committed to ensuring a seamless transition and maintaining our strategic momentum,” said Mr. Sadler. “I look forward to guiding the team through this period and continuing to drive value for our shareholders.”

The Company wishes Mr. Mifsud the best in his new endeavor and thanks him for his dedication and many contributions over the seven years he has been with Enghouse.

About Enghouse Systems Limited

Enghouse Systems Ltd. is a Canadian publicly traded company (TSX:ENGH) that provides vertically focused enterprise software solutions focusing on contact centers, video communications, healthcare, telecommunications, public safety and the transit market. Enghouse has a two-pronged growth strategy that focuses on internal growth and acquisitions, which are funded through operating cash flows. The company has no external debt financing and is organized around two business segments: the Interactive Management Group and the Asset Management Group. Further information about Enghouse may be obtained from the company’s website at www.enghouse.com.

SOURCE Enghouse Systems Limited

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/R E P E A T — MEDIA ADVISORY – Canada, Manitoba, and Giganawenimaanaanig to take a step forward on Red Dress Alert/

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WINNIPEG, MB, Oct. 3, 2024 /CNW/ – Please be advised that the Honourable Gary Anandasangaree, Minister of Crown-Indigenous Relations, and the Honourable Nahanni Fontaine, Minister of Families of Manitoba, will make an announcement about the Red Dress Alert pilot at Giganawenimaanaanig’s Day of Education and Awareness.

There will be a media availability following the announcement.

Media participation:

Media representatives are asked to RSVP to RCAANC.media.CIRNAC@sac-isc.gc.ca.

Virtual participation will be available, and instructions to connect remotely will be provided upon registration.

Media are first invited to observe Ministerial remarks and engagement with families, survivors, MMIWG advocates and frontline workers at 11:30 a.m. The media availability will follow in an adjoining room.

Date:  Friday, October 4, 2024
Time: The announcement will start at 11:30 a.m. (CT), followed by the media availability.

Media representatives are invited to preposition 30 minutes before the start time of the event.

Where:
Canad Inns Destination Centre Club Regent Casino Hotel
1415 Regent Ave W
Winnipeg, Manitoba

The announcement will take place in the Grand Ballroom, and the media availability will take place in the Ambassador E.

Follow us on X:

GovCan – Indigenous
(https://twitter.com/GCIndigenous)
Manitoba Government
(https://x.com/mbgov)

SOURCE Crown-Indigenous Relations and Northern Affairs Canada

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Loblaw Companies Limited Enters into Automatic Share Purchase Plan

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BRAMPTON, ON, Oct. 4, 2024 /CNW/ – Loblaw Companies Limited (TSX: L) “Loblaw”) announced today that it has entered into an automatic share purchase plan (“ASPP”) with a broker in order to facilitate repurchases of Loblaw’s common shares (“Common Shares”) under its previously announced normal course issuer bid (“NCIB”). 

Loblaw previously announced that it had received approval from the Toronto Stock Exchange (“TSX”) to, during the 12-month period commencing May 6, 2024 and terminating May 5, 2025, purchase up to 15,336,875 Common Shares, representing approximately 5% of the 306,737,513 Common Shares issued and outstanding as of April 22, 2024, by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law.

During the effective period of Loblaw’s ASPP, Loblaw’s broker may purchase Common Shares at times when Loblaw would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by Loblaw’s broker based upon parameters set by Loblaw when it is not in possession of any material non-public information about itself and its securities, and in accordance with the terms of the ASPP. Outside of the effective period of the ASPP, Common Shares may continue to be purchased in accordance with Loblaw’s discretion, subject to applicable law. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws.

About Loblaw Companies Limited

Loblaw is Canada’s food and pharmacy leader, and the nation’s largest retailer. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. With more than 2,500 corporate franchised and Associate-owned locations, Loblaw, its franchisees and Associate-owners employ more than 220,000 full- and part-time employees, making it one of Canada’s largest private sector employers.

Loblaw’s purpose – Live Life Well® – puts first the needs and well-being of Canadians who make one billion transactions annually in the company’s stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations; more than 1,100 grocery stores that span the value spectrum from discount to specialty; full-service pharmacies at nearly 1,400 Shoppers Drug Mart® and Pharmaprix® locations and close to 500 Loblaw locations; PC Financial® services; Joe Fresh® fashion and family apparel; and four of Canada’s top-consumer brands in Life Brand®, Farmer’s Market™, no name® and President’s Choice®. For more information, visit Loblaw’s website at www.loblaw.ca and Loblaw’s issuer profile at www.sedarplus.ca.

SOURCE Loblaw Companies Limited

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