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Italy’s A2A boosts 2035 investment plan to €23B, adds €1.6B for data centers

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The post Italy’s A2A boosts 2035 investment plan to €23B, adds €1.6B for data centers appeared on BitcoinEthereumNews.com. Italian multi-utility A2A has increased its investment projection for 2024-2035 from last year’s €22 billion to €23 billion, earmarking nearly €1.6 billion solely for data center projects. The company has seen a surge in new digital infrastructure around Italy’s northern region of Lombardy, encompassing Milan and the industrial city of Brescia. The updated investment plan also nudges up financial targets in the final phase of the strategy, according to A2A. CEO, Renato Mazzoncini, stated that A2A’s long-standing presence in Lombardy positions the group to support the rollout of data centers. The acquisition of electricity networks in the provinces of Milan and Brescia will also boost electricity demand, alongside heat management needs and network connections. Mazzoncini expects data centers around Milan to add approximately two gigawatts (GW) of capacity over the next five years. He estimates it will be a tenfold increase from the current level. A2A also emphasizes that over 35% of the investment plan has already been completed, is ongoing, or has already received the necessary approvals. A2A’s ambition for 2035 expands on two fronts The group said its ambition for 2035 is growing on two fronts. For the energy transition, the company expects a return on investment (ROI) of RAB 4 billion in electricity grids. It also expects to serve over five million customers and operate 3.7 GW (gigawatts) of solar and wind capacity. On the second front, the circular economy is expected to treat 6.6 million tons of waste. New data centers will also be built using energy assets as a development platform. Additionally, the Lombardy-based superutility aims to extend its horizons beyond national borders for greater geographical diversification. The selection of countries for expansion will be based on market potential, development speed, and performance criteria. Expansion initiatives will also be selected as alternatives to projects in…

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Atlanta Fed President Bostic says he’ll leave position when his term expires in February

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The post Atlanta Fed President Bostic says he’ll leave position when his term expires com. speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Atlanta Federal Reserve President Raphael Bostic said Wednesday he will be leaving his position when his term expires in February. Bostic has been in his current position since June 2017 and is the first Black and openly gay regional president. His term runs until Feb. 28. “I’m proud of what we accomplished during my tenure to turn the lofty goal of an economy that works for everyone into more of a reality, and I look forward to discovering new ways to advance that bold vision in my next chapter,” Bostic said in a statement. The announcements comes ahead of a pivotal year for the Fed and its rate-setting body, the Federal Open Market Committee. Regional presidents service five-year terms that generally run in sync and are designed to expire on years that end in either 1 or 6, which will be the case next year. While the local boards vote on the presidents, they are subject to approval by the Fed Board of Governors. Normally a routine process, unusual political dynamics on the board could add a new wrinkle to the process. In addition to the reappointments of the regional presidents, Jerome Powell’s term as Fed chair expires in May, though his run as governor goes until 2028. Bostic has been seen as more of a centrist during his run, though he’s been more cautious about cutting interest rates this year during a time of elevated inflation and a softening labor market. He is not an FOMC voter this year. Atlanta next will get a vote in 2027. Powell said Bostic’s “perspective has enriched the Federal Open Market Committee’s understanding of our dynamic economy. And his steady voice has exemplified the best of public service grounded.

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Outdoor Holding Company Announces Preferred Stock Dividend

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Atlanta, Georgia., Nov. 12, 2025 (GLOBE NEWSWIRE) — Outdoor Holding Company (Nasdaq: POWW, POWWP) (“Outdoor Holding Company,” “OHC,” or the “Company”) the owner of GunBroker. com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company’s 8. 75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on December 1, 2025 will receive a cash dividend equal to $0. 546875 per Series A Preferred Stock share. The cash dividend will be paid on December 15, 2025.

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