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BTY Scales Up Renewable Energy Services

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VANCOUVER, BC, March 24, 2025 /CNW/ – BTY has launched an expanded Renewable Energy Services business stream to position the firm as a top partner for developers, lenders, owners, and asset managers. With a dedicated sector team, enhanced technical expertise, and deep operational knowledge, BTY is well-positioned to provide a full range of renewable energy services.

“Renewable energy is essential to energy security and addressing climate change. Despite political challenges, global demand continues to grow. As part of BTY’s Strategic Growth Plan, we are accelerating our leadership in renewables with Ian McDonald at the helm. His deep expertise across the renewables lifecycle, combined with our expanded capabilities, will empower clients to invest with confidence — ensuring resilient, high-performing assets,” said Toby Mallinder, BTY Group’s Managing Director.

Renewable Energy Team: Covering North America and EMEA

BTY’s leadership in infrastructure has propelled its expansion into renewable energy, responding to the growing demand for specialized technical expertise from clients in global capital markets. To meet this need, BTY has assembled a premier team of renewable energy sector leaders across North America and EMEA and invested in bolstering in-house technical services. This allows the firm to deliver fast, responsive advisory and delivery services across all phases, from planning and design to construction, operations, maintenance, and secondary market transactions.

“In our fast-evolving market where technological advancements and revenue uncertainties add complexity, real operational experience is crucial for informed decision-making. I am excited to combine this expertise with BTY’s trusted, nimble, and pragmatic approach to advisory and delivery — so that our renewable energy clients receive a superior experience and can be confident in their investment decisions,” said Ian McDonald, Director of BTY’s Renewable Energy Services.

Ian McDonald, Director, Renewable Energy Services, Vancouver
Ian brings over 15 years of experience across more than 100 wind and solar projects, representing 50 GW of capacity. His expertise spans technical due diligence, owner’s engineering, project finance, construction, asset optimization, and risk mitigation. He specializes in translating technical risks and opportunities into clear financial implications, enabling clients to enhance project viability and accelerate investment decisions.

Matthew MacLean, Associate Director, Toronto
Matthew has extensive experience facilitating direct communication with project developers and lenders. As a professional engineer, he specializes in advising clients on project risks related to technical design, constructability, budget, schedule and regulatory approvals. His expertise lies in delivering comprehensive Lenders Technical Advisory Due Diligence on power plants, renewable energy assets, district energy systems, utility systems and infrastructure projects across Canada, the United States, the Caribbean, Europe and Asia.

Jack McInerney, Europe Managing Director, Dublin
Jack leads BTY’s award-winning Infrastructure Advisory practice and the firm’s strategic expansion in the European markets. With 15 years of industry experience, he has been pivotal in positioning BTY as a top-ranked advisory firm, overseeing a portfolio exceeding $100 billion across more than 200 transactions. Leveraging deep expertise in construction finance, technical due diligence, and his engineering background, Jack has driven BTY’s growth in key sectors, including renewable energy infrastructure, district energy, transportation, aviation, and data centres.

Emmalee Ast, Associate Director, New York
Emmalee has a background in civil engineering, and is responsible for technical advisory, operational phase services, and transaction due diligence for project finance, private finance, and P3 deals. She has led several engagements for institutional clients and asset managers in district energy, energy management, and renewable energy projects.

Tom Coyle, Director, London
Tom has over 15 years of experience in the UK, US, and Canada, spanning capital project delivery in district energy, renewables, transportation, and mixed-use developments. His dual expertise in engineering and construction provides a holistic perspective on project feasibility, risk management, constructability, and long-term asset management.

Tunca Ataoglu, EMEA Regional Director, Ankara
Tunca leads Sponsors’ and Lenders’ Technical and Commercial Advisory services for some of the largest greenfield and brownfield infrastructure project finance deals across the European Union, Central Asia, and the Middle East. He has spearheaded BTY’s advisory and delivery engagements for renewables, power generation and transmission sector projects in Türkiye, Saudi Arabia, UAE, Kazakhstan, and beyond.

Ethan McLaren, Project Consultant, Vancouver
Ethan has a background in sustainable energy engineering, specializing in energy yields, conversion, and storage systems and technologies. He has experience in project coordination and technical advisory roles, focusing on operations and lifecycle analysis, site condition assessments, and schedule and budget tracking.

Izabella Braga, Project Consultant, Dublin
Izabella is a Civil Engineer with expertise in construction and infrastructure Technical Advisory, and Compliance and Construction Monitoring. She contributes to technical due diligence, including design reviews, constructability assessments, and regulatory evaluations. With a growing focus on renewables, she is actively engaged in solar PV and wind energy projects.

Addressing Industry Challenges with Expertise and Agility

The renewable energy sector faces increasing complexity, from financial pressures to rapid technological changes. BTY is strategically positioned to help clients overcome these challenges with solutions tailored for success:

Project Complexity and Execution Risks: Success requires seamless integration between stakeholders. BTY acts as an extension of our clients’ teams, adapting to unique project needs and facilitating smooth execution.

Impact on Project Margins: Market conditions, supply chain dynamics, and tariffs are driving up costs while power purchase prices are declining. With project margins under pressure, clients demand a sharper focus on CapEx and OpEx certainty and optimization. BTY’s experts drive cost efficiency through early-stage planning and strategic financial insights.

Technology Uncertainty: Rapid advancements in wind, solar, and battery storage technology create supply chain complexities and performance risks. BTY leverages extensive operational knowledge to translate technical risks into clear financial implications, ensuring clients make informed investment decisions.

Climate Change Impacts: Increased variability in renewable energy generation and extreme weather pose asset durability and revenue risks. BTY’s operational insight ensures projects are resilient, bankable, and high performing.

Regulatory and Grid Bottlenecks: Interconnection delays and evolving regulations impact project timelines and financing certainty. BTY’s agile and solution-oriented approach accelerates project progress, ensuring alignment with regulatory requirements.

Full-Stack Renewable Energy Services

BTY’s expanded service offerings provide end-to-end coverage for renewables, including:

Lenders Technical Advisory: Clear, actionable risk analysis to support investment, financing, and project delivery decisions.

M&A Technical Advisory: Independent technical and financial assessments with due diligence streamlined for rapid reporting and advice on risks to enable deal progress with no surprises.

Project Management & Owner’s Advisory: Feasibility and development support, design and technical review, procurement and contract advisory, and management throughout the construction phase.

Energy Yield Analysis: Advanced modelling to improve production forecast certainty and financial model confidence.

Enabling Smarter Renewable Energy Investments

BTY’s strategic growth in the renewables sector builds on the firm’s 47-year track record of success in helping clients accelerate project investments, de-risk financing decisions through clear technical and commercial assessments and optimize projects with rigorous cost management and performance forecasting. As capital markets increasingly prioritize renewable energy assets, BTY’s expertise ensures clients can confidently advance energy security, decarbonization, and long-term asset value.

About BTY

BTY is an award-winning professional consultancy offering complete project solutions in real estate, infrastructure, and renewable energy planning, development, operations, and transactions. Founded in Western Canada in 1978, the firm now has offices across North America and the EMEA region, with a diverse global portfolio. BTY’s core services encompass Cost Management, Project Monitoring & Lender Services, Infrastructure Advisory, and Project Management. To learn more, visit BTY.COM

SOURCE BTY Group

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City of Palacios joins the Texas Purchasing Group by Bidnet Direct

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The City of Palacios announced it has joined the Texas Purchasing Group and will be publishing and distributing upcoming bid opportunities on the system.

PALACIOS, Texas, March 26, 2025 /PRNewswire-PRWeb/ — The City of Palacios announced it has joined the Texas Purchasing Group and will be publishing and distributing upcoming bid opportunities on the system. Bidnet Direct by SOVRA’s Texas Purchasing Group connects nearly 75 participating agencies from across Texas. The purchasing group provides a transparent bid process through which the bid is available to all vendors at the same time. The City of Palacios invites all vendors to register online at http://www.bidnetdirect.com/texas/cityofpalacios.

“The City of Palacios invites all potential vendors to register online.”

The City of Palacios joined the purchasing group in March 2025. The City of Palacios will utilize the system to streamline their purchasing process including bid distribution, bid management, and vendor relations. The Texas Purchasing Group is a single, online location for managing sourcing information and activities and provides 72 local government agencies the tools needed to have a transparent bid process while minimizing costs and saving time.

“We strive to be as transparent as possible and to give all the information we have about the bid opportunity and the procurement process to all our vendors. By becoming a part of the Texas Purchasing Group, we can provide all the important and necessary information instantly to our vendors, everything they need is in one spot and they don’t need to contact us to find out details, they can just log in and view everything in real time. This has allowed us to create a more seamless bid process and has provided more participation from vendors across the state,” stated Cynthia Raleigh, City Manager of the City of Palacios.

As a participating agency of the Texas Purchasing Group, it allows the City of Palacios to expand their vendor pool and enhance vendor competition without increasing distribution costs. To be added to the existing list of vendors on the Texas Purchasing Group, any suppliers looking to do business with the City of Palacios can register online: http://www.bidnetdirect.com/texas/cityofpalacios. The City of Palacios encourages all interested bidders to register today.

Registered vendors can access open bids, related documents, and files, additional addendum, and available award information from all participating agencies. In addition, the Texas Purchasing Group offers a value-added service to notify vendors of new bids targeted to their business, including all addenda and advance notification of expiring term contracts.

With one click, the City of Palacios can now see how many vendors match a specific opportunity, how many have downloaded documents, responded and more. The City of Palacios also has its own, branded page on the public side of the Texas Purchasing Group in which taxpayers can view all closed bids and any awarded information.

Vendors may register on the Texas Purchasing Group: http://www.bidnetdirect.com/texas/cityofpalacios. Bidnet Direct’s vendor support team is available to answer any questions regarding the registration process or the bid system at 800-835-4603 option 2.

Other local Texas government agencies looking to switch from a manual bid process, please contact the Texas Purchasing Group for a demonstration of the no-cost sourcing solution.

About the City of Palacios:

Palacios is a city in Matagorda County, Texas. The population was 4,395 at the 2020 census.

About SOVRA:

SOVRA is a leading source-to-contract solution that connects regional purchasing groups, including the Texas Purchasing Group, across all 50 states, supporting local governments in streamlining their procurement processes. With a focus on transparency and efficiency, SOVRA empowers government agencies to enhance their purchasing activities. Learn more about how we help build stronger communities and economies by maximizing the value of every dollar spent. Visit https://sovra.com.

Media Contact

Bertrand Guignat, Bidnet Direct, 800-835-4603, bertrand.guignat@sovra.com, www.bidnetdirect.com

View original content to download multimedia:https://www.prweb.com/releases/city-of-palacios-joins-the-texas-purchasing-group-by-bidnet-direct-302407663.html

SOURCE Bidnet Direct

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T5 Data Centers Expands Chicago Footprint with Acquisition of Fifth Data Center (CHI V) in Elk Grove Village

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ATLANTA, March 26, 2025 /PRNewswire/ — T5 Data Centers (T5), the data center industry’s only Forever On capacity and integrated lifecycle services provider, announced the acquisition of their CHI V data center site in Elk Grove Village. This acquisition underscores T5’s agility in finding high-quality data center assets in one of the country’s most dynamic data center markets.

The newly acquired property is situated in the heart of the Chicago data center market, boasting a prime location within a high-demand data center ecosystem. CHI V offers access to critical infrastructure and connectivity on seven acres currently zoned for data center use. Plans for the site’s development include a new 220,000 sq. ft. facility to support high-density cloud and artificial intelligence (AI) applications. The facility will offer 36 MW of critical IT capacity, ensuring a robust and reliable infrastructure to meet the growing demand for these applications. CHI V is slated for occupancy in 2028.

“We have completed the necessary steps to secure utility power with ComEd and will begin construction shortly to meet the growing demand from our customers. This capacity will be delivered at a critical time, as available data center space in this key market is limited,” said David Horowitz, Senior Vice President Head of Leasing at T5 Data Centers.

The acquisition of CHI V represents an exciting expansion in a core growth market for T5 Data Centers and its customers, showcasing T5’s ability to identify a high-quality data center site and to execute the transaction quickly. CHI V is the newest among four other regional data center sites located in Grayslake, Northlake, and Elk Grove Village.

“This development will mark T5’s fourth project in the O’Hare submarket in recent years. We have made substantial investments in both capital and dedicated resources to build strong, strategic relationships with trusted suppliers and partners in Illinois. This project will be a valuable complement to our 1.2 GW large-scale campus currently underway in Grayslake,” says Pete Marin, CEO & President, T5 Data Centers.

For more information about T5 Data Centers, visit www.t5datacenters.com.

About T5 Data Centers

T5 Data Centers supports companies that are changing the world through AI and technology innovation with our development, construction, and data center operations. T5 develops scalable data center solutions across our campuses and uniquely delivers construction and operational services within our customer’s data centers. With nearly two decades of experience successfully managing execution and operations risks, our customers can be confident that T5 will safely deliver on our commitment to Forever On performance. Visit t5datacenters.com or call (888) 239-7133 to learn more.

View original content to download multimedia:https://www.prnewswire.com/news-releases/t5-data-centers-expands-chicago-footprint-with-acquisition-of-fifth-data-center-chi-v-in-elk-grove-village-302411367.html

SOURCE T5 Data Centers

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Power Financial Credit Union Recognized Among Top Performing Credit Unions by S&P Global Market Intelligence

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Ranked 43rd nationally, Power Financial Credit Union continues to lead in financial strength, innovation and member value.

PEMBROKE PINES, Fla., March 26, 2025 /PRNewswire-PRWeb/ — Power Financial Credit Union (PFCU) has once again been named one of the top performing credit unions in the nation, earning the 43rd spot in S&P Global Market Intelligence’s prestigious 2024 rankings of Best Performing U.S. Credit Unions.

“We focus on long-term financial strength, cutting-edge technology, and superior member service—ensuring our members have access to smarter banking solutions with fewer fees and more value.”

“Being recognized again as one of the top credit unions in the nation reaffirms our commitment to putting our members first in everything we do,” said Allan Prindle, President and CEO of Power Financial Credit Union. “We focus on long-term financial strength, cutting-edge technology, and superior member service—ensuring our members have access to smarter banking solutions with fewer fees and more value. Whether you’re saving for a home, growing your business, or just looking for a better banking experience, PFCU is here to help you achieve your financial goals.”

S&P Global Market Intelligence evaluated 1,798 credit unions for its 2024 rankings, assessing institutions based on returns, growth, and funding, with a strong emphasis on strength and risk profile of balance sheets. PFCU’s consistent performance across these key financial metrics highlights its commitment to innovation, prudent financial management, and providing members with industry-leading products and services.

As PFCU continues to grow, it remains at the forefront of digital banking advancements while maintaining its personal, member-first approach. With a focus on financial wellness and a drive to remove barriers to financial success, PFCU is shaping the future of banking in South Florida.

About Power Financial Credit Union

Serving the South Florida community since 1951, Power Financial Credit Union (PFCU) is committed to guiding its members to better financial lives today and for generations to come. PFCU helps members achieve financial freedom by combining free financial education resources with a superior experience, and personalized banking solutions, many with great rates, low to no fees and exclusive discounts. PFCU’s customized personal and business banking solutions including mortgages, home equity loans, checking, savings, youth accounts, CDs, money markets, IRAs, credit cards, auto loans, personal loans, business accounts, business loans, merchant services, payroll services, investments, and more. Notably, PFCU was the first credit union in South Florida to eliminate overdraft and non-sufficient funds fees.

Media Contact

Vinnie Fiordelisi, Power Financial Credit Union, 1 954-538-6245, vfiordelisi@powerfi.org, www.powerfi.org

View original content to download multimedia:https://www.prweb.com/releases/power-financial-credit-union-recognized-among-top-performing-credit-unions-by-sp-global-market-intelligence-302410209.html

SOURCE Power Financial Credit Union

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