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21.09.26 - 16:06
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Warning Of A Big Sell Off (24/7 Wall St.)
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Morgan Stanley has warned that the market faces a 7% selloff. “Should the correction in valuation take a turn for the worse in the near term due to a further tightening of financial conditions and/or materially higher energy prices, we think the S&P 500 could trade as low as 7,100 before the bull market resumes […]...
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21.09.26 - 10:12
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Morgan Stanley Investment Management′s 1GT Leads €49 Million Series E Funding for Amber Electric (Business Wire)
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LONDON--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) announced today that the 1GT private climate equity strategy (1GT) led a €49 million Series E financing round for Amber Electric (Amber or the Company), an energy flexibility platform that enables customers to optimize how they store and use energy at home. This funding will support the Company's continued growth and expansion in Europe. It follows the recent partnership with E.ON, one of the UK's largest energy suppliers, which also participated in the latest round.
Founded in Melbourne in 2017 by Chris Thompson and Dan Adams, Amber acts as an energy retailer serving Australian households directly and with over 50% market share of automated batteries it is the country's largest battery automation provider. Amber's Distributed Energy Resources (DER) platform enables households to access wholesale energy pricing via real-time optimization of their storage and generation assets. Amber's SmartShift technology is an advanced AI-driven...
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