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Redefining family vacations: Club Med unveils the first family oasis in Asia Pacific

HO CHI MINH CITY, Vietnam, April 12, 2025 /PRNewswire/ — Club Med, the leader in premium all-inclusive holidays for 75 years, is thrilled to announce the launch of the brand new Family Oasis at Club Med Phuket, marking its first dedicated family space in the Asia Pacific region.

The Lai Thai Family Oasis features a variety of room configurations spread over two floors to suit a range of family needs
The Lai Thai Family Oasis features a variety of room configurations spread over two floors to suit a range of family needs

A tropical heaven for ultimate family bonding
Inspired by beautifully intricate Thai patterns and design, also known as Lai Thai, the Lai Thai Family Oasis provides a dedicated haven for families where quality, happy memories are created.

Within this space lies a vibrant Splash Park for toddlers and young children. Fun slides, colourful water canons, waterspouts and sprays, giant splash buckets, lounge chairs and a poolside snack bar offer a comfortable respite and provides all-day refreshment, ensuring an easy, safe and engaging environment.

Accommodation
These include mobility-friendly access rooms:

  • 24 Family Superior rooms
  • 08 Family Themed rooms

Each room can comfortably accommodate up to two adults, two children under 11 and one baby.

Family Themed rooms offer a unique holiday experience with its whimsical banyan tree motif and playful forest-inspired design, including amenities for children of all ages as well as age-appropriate activity and welcome kits.

Ground-floor rooms offer the luxury of a terrace where families can relax easily, and opens up directly to the Splash Park, while first-floor rooms boast private balconies overlooking the lively Splash Park.0020

About Club Med Phuket
Throughout 2022, the resort revitalised its communal spaces, including the main pool, restaurant, bar, and meeting rooms, seamlessly integrating its heritage with modern design elements, with the initial phase of renovations completed last December.

Discover three distinct zones within the resort: the new Family Oasis, a Zen Area, and the Heart of the Resort. The Family Oasis features unique family activities from the Amazing Family program and water games designed for all ages. The Zen Area provides a tranquil space for relaxation and the Heart of the Resort encompasses the theatre for nightly entertainment, the main restaurant, bar, and lobby.

The family-friendly resort invites exploration, offering a range of exhilarating sports and activities, and enriching cultural experiences. Furthermore, Club Med’s signature Kids Club provides a comprehensive program for children aged 4 months to 17 years, under the attentive care of dedicated G.O.s.

The Lai Thai Family Oasis at Club Med Phuket has officially opened its doors on 06 April 2025. For more information and booking inquiries, please visit Club Med’s website.

Disclaimer: This media release is distributed in the Vietnam region; the booking terms and conditions may only apply to specific markets. Additionally, this release is available for pickup by other regional news channels, offering opportunities for broader coverage and increased visibility.

BC Reshapes the Future: LONGi Launches Upgraded Hi-MO 9 Module with Industry-Leading 24.8% Efficiency

WUHU, China, April 12, 2025 /PRNewswire/ — LONGi Green Energy Technology, a global leader in solar innovation, unveiled the upgraded Hi-MO 9 module powered by its HPBC 2.0 technology in Anhui, China. The latest iteration achieves a groundbreaking 24.8% conversion efficiency and a maximum power output of 670W, outperforming mainstream TOPCon modules by 40W in mass production. This advancement positions Hi-MO 9 as a transformative force for enhancing photovoltaic power plant value worldwide. 

The launch of Hi-MO X9
The launch of Hi-MO X9

Full-Scenario Power Generation Breakthrough: Bifaciality Exceeds 80%

The newly upgraded Hi-MO 9 module, engineered with LONGi’s proprietary HPBC 2.0 technology, redefines all-scenario power generation performance. By integrating innovative 0BB (0 Busbar) technology and full-area passivation (half-cell architecture), LONGi has boosted module power by 10W, reaching a peak of 670W,with an efficiency of up to 24.8%. The optimized rear-side grid design enabled by 0BB (0 Busbar) technology elevates bifaciality to over 80%, significantly enhancing overall energy yield. Compared to TOPCon modules, Hi-MO 9 delivers a 1.5% absolute efficiency gain, increases installed capacity by approximately 6.4% under equivalent land area, and reduces upfront investment costs of photovoltaic power plant. 

Beyond standard conditions, Hi-MO 9 demonstrates exceptional resilience in challenging environments such as partial shading, high-temperature/high-humidity regions, and low-light scenarios. Over the past year, multiple field demonstration projects have revealed the Hi-MO 9 module’s “remarkable” energy generation capabilities across varied environments. In Hainan, China’s high-temperature, high-humidity environment, LONGi’s Hi-MO 9 module delivers a 1.89% per-watt energy yield advantage over conventional TOPCon modules. In arid Riyadh, Saudi Arabia, the gain reaches 1.62%. Data from additional BC power plants further confirm the exceptional power generation capabilities of the HPBC 2.0-powered Hi-MO 9 module, underscoring its proven reliability across diverse global climates.

World Record Broken: Photovoltaic Efficiency Reaches New Heights 

At the event, LONGi announced a groundbreaking achievement in high-efficiency PV cell technology, setting an unprecedented world record: 

  • 27.81% Conversion Efficiency for its self-developed HIBC (Heterojunction Interdigitated Back Contact) silicon solar cells, certified through rigorous calibration tests by Germany’s ISFH (Institute for Solar Energy Research Hamelin).

The achievement not only reignites global market optimism toward cutting-edge solar solutions but also solidifies LONGi’s role as a trailblazer in delivering transformative energy technologies. 

Unlocking Greater Commercial Value: Global Optimal BC Solar Power Plant Design Challenge Launched 

To further amplify the market potential of high-efficiency BC technology, LONGi partnered with TÜV Rheinland, a globally renowned third-party institution, to launch the “Global Optimal BC Solar Power Plant Design Challenge”during the event. The competition, open to consultancies, EPC firms, and renewable energy investors worldwide, invites innovative designs for ground-mounted power plant projects exceeding 50MW across diverse application scenarios. Submissions will be accepted from April 11 to November 30, 2025. TÜV Rheinland will lead an expert panel in rigorously evaluating entries based on BC technology integration, PVsyst simulation results, and design innovation. The total prize purse amounts to approximately 280,000 USD. (Details : http://www.longi.com)

Dennis She, Vice President of LONGi, emphasized: “BC technology represents the ultimate advancement in crystalline silicon solar cells. With a mature global ecosystem, high-efficiency BC modules are rapidly being deployed across diverse applications. The upgraded Hi-MO 9, powered by HPBC 2.0, will deliver unparalleled value to customers worldwide. We are committed to sharing BC innovations with global partners to build a sustainable future.” 

LONGi’s global order reserves for BC modules has exceeded 40GW. The expanding deployment of BC power plants worldwide will drive higher returns for clients and redefine the future of the photovoltaic industry.

 

XCMG Crane Showcases Six European-Tailored Models at bauma 2025, Secures Bulk Orders with Sustainable Innovation

MUNICH, April 12, 2025 /PRNewswire/ — At bauma 2025, the world’s leading construction machinery trade fair, XCMG Crane made a resounding statement about its commitment to the European market by unveiling six cutting-edge crane models, engineered specifically for European demands. With a focus on sustainability, intelligent design, and localized solutions, XCMG Crane demonstrated its role as a trusted partner in Europe’s green transition and urban renewal initiatives.

XCMG Crane Showcases Six European-Tailored Models at bauma 2025.
XCMG Crane Showcases Six European-Tailored Models at bauma 2025.

Among the tailor-designed innovations, key highlighted models include:

XCA60_EV: The World’s First Hybrid All-Terrain Crane, features an in-house-developed oil-electric hybrid system, cutting carbon emissions by 40%. Equipped with a 400V plug-and-play electric system for zero-emission lifting, the XCA60_EV combines a 170KW electric motor with a dual-engine transport system (400KW total power) for optimal fuel efficiency.

Compact and Intelligent Cranes that were built on XCMG’s G2 technology platform, excels in narrow urban environments. The XCA80G7-1E provides compact design with a 60m boom and dual-hook coordination for urban projects, while the XCA250G7-1E features remote-control operation for single-operator efficiency, and innovative telescoping systems for restricted sites.

The European Customized Rough-Terrain Cranes, the XCR50_E, the ultra-narrow, 2.5m width design meets EU transport norms, along with the XCR70_E and XCR90_E, which proved its robust performance in Turkey’s gas power projects, featuring eco-friendly hydraulic systems and fuel-saving torque converters.

Yang Dongsheng, Chairman of XCMG Machinery, reinforced the Company’s In Europe, For Europe strategy, “We’re committed to being a key enabler of Europe’s sustainable, smart infrastructure future.”

The strategy paid dividends at bauma 2025, with XCMG securing bulk orders from German, French, and Dutch clients for its hybrid and compact models. These deals underscore Europe’s endorsement of XCMG’s tailored solutions and green transition roadmap.

The general manager of a Dutch lifting and transportation company, along with their operator team, highly commended XCMG cranes during the bauma 2025: “XCMG’s G2 series cranes showcased impressively humanized engineering—their panoramic wraparound windshield and sunken control console layout boosted operational visibility by over 40%.”

The client also highlighted that XCMG products demonstrate world-class manufacturing expertise in details, such as hydraulic pipeline arrangement, centralized lubrication systems, welding seam craftsmanship, and structural component tolerance control, fully complying with European standards.

“From operational ergonomics to equipment reliability, XCMG cranes have won over our technical team with exceptional performance. They will be our preferred brand for future procurement,” commented by the team.

 

Agri-Tech Leader FAMSUN Leads Rapid Earthquake Recovery Efforts in Myanmar, Restoring Vital Feed Production

BANGKOK, April 12, 2025 /PRNewswire/ — In the wake of the devastating 7.7-magnitude earthquake that struck Myanmar’s Mandalay region on March 28, 2025, FAMSUN launched an urgent cross-border response to help restore animal feed production and protect the country’s critical food supply chain.

The earthquake caused extensive damage to critical agricultural infrastructure, bringing operations to a standstill at several major feed mills operated by industry leaders such as CP Group, New Hope, Sunjin, KSP Myanmar, and Diamond. With equipment damage, power outages, and structural risks halting production, Myanmar’s livestock feed supply — and by extension, the availability of meat, eggs, and dairy — faced serious disruption.

Responding within hours of the disaster, FAMSUN activated its emergency protocols and quickly coordinated through its Southeast Asia regional hub. A specialized Joint Support Team of eight technical experts was assembled within 24 hours, bringing together equipment, engineering, and electrical specialists from FAMSUN’s international network.

Despite facing logistical challenges — including navigating temporary visa restrictions and securing alternate travel routes — the team reached Yangon promptly. After organizing initial relief supplies, the team undertook a demanding twelve-hour overnight drive through aftershock-affected areas to reach the Mandalay region. By April 5, they had arrived on site and immediately began hands-on recovery efforts to help feed mills resume operations.

Accelerated Restoration Through Expertise and Collaboration

Working closely with local client teams on the ground, FAMSUN’s engineers carried out detailed safety inspections and technical assessments across the damaged feed mill facilities. Despite challenging conditions — including ongoing aftershocks, extreme heat, and structural risks — the team worked around the clock to get operations back online.

Their efforts delivered impressive results. Within just 48 hours of arriving in Mandalay, FAMSUN successfully restored stable production at four key feed mills in the region. At one site, engineers overcame a critical conveying system failure caused by the earthquake by applying pre-fabricated modular components — a solution that dramatically reduced repair time and allowed production to resume much faster than traditional methods.

This rapid recovery was essential for restarting the supply of animal feed to thousands of local farms, helping to stabilize Myanmar’s livestock production and support the country’s food security during a critical time.

Beyond emergency repairs, FAMSUN’s team also provided technical recommendations to help clients address structural and electrical risks uncovered during inspections — laying the groundwork for safer, more resilient operations moving forward.

Humanitarian Aid and Regional Partnership

Alongside its technical recovery efforts, FAMSUN also delivered much-needed humanitarian support to communities impacted by the earthquake. The company provided essential supplies — including medicine, food, drinking water, and financial support — valued at over 40 million Myanmar Kyat (approximately $ 19,200 USD based on pre-crisis exchange rates, though local values continue to fluctuate).

Working through local partners, including the CECCM, the MSCC, and the Myanmar Livestock Federation, the aid reached many families displaced or affected by the disaster.

“Their arrival brought not just technical skill, but also confidence and warmth,” said Dr. Nay Thuyein, Chairman of the Myanmar Livestock Federation (Mandalay Branch). “FAMSUN’s support during this critical time brings essential hope for recovery — not only for the people affected, but also for our industry as a whole.”

FAMSUN engineers collaborate with local workers to restore production while providing essential aid to affected families.
FAMSUN engineers collaborate with local workers to restore production while providing essential aid to affected families.

The mission, demonstrating effective coordination across FAMSUN’s regional operations, showcased the vital role of private sector expertise in disaster response.

“This rapid response reflects our commitment not only to our partners, but also to the people and communities we serve,” said Jason Fan, Vice President of FAMSUN. “We remain dedicated to leveraging our global expertise to help strengthen the resilience of local industries and contribute to the sustainable development of agriculture across the region.”

With recovery efforts in Mandalay now completed, FAMSUN’s team is continuing its mission by providing technical support and conducting inspections at more than ten additional project sites in other affected regions, including Taunggyi. This ongoing effort reflects FAMSUN’s long-term commitment to food security and sustainable growth across Southeast Asia — staying true to its mission of contributing to a better life through agricultural innovation and partnership. 

About FAMSUN:

FAMSUN is a global leader in integrated solutions for the feed and food processing industries, dedicated to building more efficient and sustainable farm-to-table value chains worldwide. The company provides advanced systems, equipment, and engineering services across a wide range of sectors — from aqua feed and animal nutrition to pet food and food processing — serving customers in over 110 countries. Through close collaboration with leading industry partners and the support of its international research and development centers, FAMSUN is committed to delivering innovative, customized technologies that help drive agricultural advancement and create a better life for communities around the world.

 

Heat Up Your Laser Craft with Monport’s Prime Day Laser Engraving Extravaganza!

NEW YORK, April 12, 2025 /PRNewswire/ — Prime Day Sale is here, and it’s bringing some of the most exciting opportunities yet for those in the engraving and manufacturing industries. Monport Laser is offering exclusive deals on its advanced laser engraving machines, designed to elevate your business or creative projects with precision and power. Whether you’re focused on high-speed production or detailed artistry, now is the perfect time to invest in cutting-edge technology that can take your work to the next level. This limited-time event brings you significant savings and an exclusive bonus, all backed by Monport’s trusted reputation for performance and reliability.

Prime Day Highlights: What’s on Offer?

  • $50 OFF all orders over $999
  • $200 OFF all orders over $3999
  • $300 OFF all orders over $5999
  • FREE Black Laser Marking Spray with every CO2 laser machine purchase
  • FREE 40W Pro CO2 Laser with select GA or GPro Series Fiber Laser purchases

These savings are available for a limited time only—and while supplies last.

GA & GPro Series – MOPA Fiber Laser Engravers for Unrivaled Precision

+ Get a FREE 40W Pro CO2 Laser with Purchase (Prime Day Exclusive!)

Monport’s MOPA fiber laser engravers are designed for high-speed, high-precision engraving with color marking capabilities on stainless steel and titanium. Ideal for industrial applications and creative professionals, these machines offer:

  • MOPA technology for enhanced pulse control and vibrant color engraving
  • Auto and manual focus options for efficiency and flexibility
  • Galvo scanning system for ultra-fast engraving speeds
  • Durable industrial design for continuous operation

Featured Models:

  • Monport GA 60W – Integrated MOPA Fiber Laser Engraver with Auto Focus
  • Monport GA 100W – Integrated MOPA Fiber Laser Engraver with Auto Focus
  • Monport GPro 60W – Split MOPA Fiber Laser Engraver with Manual Focus
  • Monport GPro 80W – Split MOPA Fiber Laser Engraver with Manual Focus
  • Monport GPro 100W – Split MOPA Fiber Laser Engraver with Manual Focus

Prime Day Bonus: Purchase any GA or GPro Series fiber laser and receive a free 40W Pro Laser—while supplies last! Use code BESTMP10 at checkout.

CO2 Laser Engravers – Precision, Power, and Versatility

+ Get a FREE Black Laser Marking Spray with every CO2 laser Purchase (Prime Day Exclusive!)

Monport’s CO2 laser engravers provide exceptional performance for engraving and cutting on wood, acrylic, glass, leather, and more. Built for businesses, makers, and industrial users, these machines include:

  • Smart touchscreen controls for an intuitive engraving experience
  • High-powered laser tubes for clean and deep cuts
  • Autofocus and enclosed guide rails for precision and ease of use
  • Advanced safety systems including fire detection and auto-extinguishing

Featured Models:

  • Monport Onyx 55W – Desktop CO2 Laser Engraver with Autofocus
  • Monport Reno45 Pro 45W – Compact Desktop CO2 Laser Engraver & Cutter
  • Monport 60W – CO2 Laser Engraver & Cutter (28″ x 20″)
  • Monport 80W – CO2 Laser Engraver & Cutter (36″ x 24″)
  • Monport 100W – CO2 Laser Engraver & Cutter (40″ x 24″)
  • Monport 130W – CO2 Laser Engraver & Cutter (55″ x 35″) with Built-in Chiller
  • Monport 150W – CO2 Laser Engraver & Cutter (64″ x 40″) with Built-in Chiller

Prime Day Offer: Use code BESTMP10 at checkout.

Black Laser Marking Spray – Prime Day Exclusive

Monport’s Black Laser Marking Spray enhances metal engraving with deep, high-contrast black markings that are permanent and heat-resistant. Designed for CO2 laser engraving machines (25W and above), it delivers professional-quality results on aluminum, stainless steel, and brass.

  • Even spray application with an anti-clog nozzle for smooth results
  • Fast drying in just five minutes for efficient workflows
  • Effortless cleanup—simply rinse to reveal the high-contrast marking

Prime Day Offer: Use code VIP50 at checkout for an exclusive 50% discount on Black Laser Marking Spray.

Act Now – Limited Availability!

With Prime Day deals available for a short time, now is the perfect opportunity to invest in professional engraving technology at unbeatable prices. Whether you’re upgrading your current setup or starting a new business, Monport’s high-precision laser machines offer the power, efficiency, and safety features needed to excel in the engraving industry.

For full sale details and to claim your free 40W Pro Laser, visit Monport’s website today.

Monport Laser Giveaway: Pay Only 60% to Get a Laser Machine!

This Prime Day, Monport Laser is turning up the heat even more with the Monport Mega Laser Giveaway! Get ready for your chance to score BIG — including the opportunity to get your dream laser machine with an exclusive payment plan!

Here’s What Makes It More Mega:

– Buyers can purchase Monport Mega CO2 Laser by paying only 60% upfront!

– Your machine will be shipped immediately after the first payment — and the remaining 40% can be paid within 30 days!

This is your chance to get top-tier engraving technology at a fraction of the upfront cost.

Mega FB Group Exclusive: 500 Followers Giveaway

In celebration of reaching 500 members in the Monport Mega Facebook Group, Monport Laser is also launching an exclusive 500 Followers Giveaway. This special promotion rewards creators and users with a large online presence.

Participants with 500 or more followers on any social media platform can claim a massive 70% OFF discount code for Monport’s high-quality Marking Spray — perfect for enhancing laser projects.

How to Claim the Discount:

1.      Be an active member of the Monport Mega Laser Facebook Group

2.      Have 500+ followers on any social media platform

3.      Send Monport a screenshot of the qualifying account via direct message

4.      Receive a 70% OFF discount code for Marking Spray

Note: This promotion is available for a limited time only.

About Monport

Monport is dedicated to revolutionizing the laser engraving industry by offering state-of-the-art solutions that combine power, precision, and ease of use. With a commitment to innovation, quality, and customer satisfaction, Monport provides a diverse range of CO2 and fiber laser machines designed for businesses, makers, and industrial professionals. Backed by expert support and continuous advancements, Monport helps users unlock new creative possibilities and elevate their engraving capabilities.

Media Contact

Company: MonportLaser

Email: official@monportlaser.com 

Website: https://www.monportlaser.com/ 

 

XMCOSY+ Launches Smart Solar Security Lights: 35% Faster Charging, Voice Control & 150° Motion Detection for Safer, Energy-Efficient Homes

HONG KONG, April 12, 2025 /PRNewswire/ — XMCOSY+, a XINMEI COSY HOME CO. product and pioneer in smart outdoor lighting, today announced (in the US) its Smart Solar Security Lights with Motion Sensor on Amazon – a game-changer combining 35% faster solar charging, smart-controlled RGBCW lighting, and high-sensitivity detection to protect homes while slashing energy bills. Perfect for driveways, gardens, patios, commercial district, public facilities area and more outdoor space. Whether you need to secure your driveway from intruders, light up a garden party, or simply enjoy a cozy evening on the patio, these lights adapt to your needs with smart automation and zero energy costs. These lights will be able to meet the needs of different users for safety and atmosphere creation.

Key Features and Innovations:

  • Military-Grade Security: 150°wide-angle detection covers up to 32.8ft, alerting you to movement day or night.
  • 35% Faster Solar Charging: Fully charged in less time, powering lights all night–even on cloudy days.
  • Voice & App Control: “Alexa, turn on the backyard lights!” – Adjust settings hands-free or via the XMCOSY+ App.
  • 16 Million Colors & Weatherproof: From festive RGB hues to warm white, withstands -4°F to 104°F.
  • Data-backed Performance: Covers extensive zones and adapts to various outdoor conditions, ensuring reliable detection even in low-light scenarios.
  • Long-lasting Performance: With a robust 2600mAh battery, the light remains operational throughout the night, reducing energy costs and dependency on traditional power sources.
  • Effortless Convenience with Group Control: Instantly sync path, backyard, or garden lights across zones with group control – just one tap. Intelligent linkage with XMCOSY+ smart lighting, sense activity to light up your wall or patio lights.

Why Choose XMCOSY+ Smart Solar Lights with Motion Sensor?

  • Zero Wiring, 100% Solar: Easy installation in minutes, no wiring required.
  • Enhanced Safety: 150° sensing angle and up to 32.8 FT detection range for quick response.
  • Convenience: Control effortlessly via the Smart App, freeing your hands for other tasks.
  • Customization Lighting: Adjust brightness, color, and modes to suit any outdoor setting.
  • Weatherproof & Long-Lasting: IP65-rated, built to withstand outdoor conditions for long-lasting performance.

Availability & Pricing

The XMCOSY+ Smart Solar Pathlight will be available starting March 31 on the Amazon Store and xmcosy.com in the US.

4-Pack Bundle: $149.99
6-Pack Bundle: $199.99

Get your XMcosy Smart Solar Lights on Amazon to enjoy more discounts and experience the future of outdoor lighting!

For bulk orders or partnership inquiries, please contact: Coco Liu marketing3@xmcosylight.com  

Product Links

Smart Solar Pathlights(2-Pack Bundle): https://www.amazon.com/dp/B0DTHBM6KN
Smart Solar Pathlights(4-Pack Bundle): https://www.amazon.com/dp/B0DTHDR4R5
Smart Solar Pathlights(6-Pack Bundle): https://www.amazon.com/dp/B0DTHC8HDP 

Explore More Products on Amazon

https://www.amazon.com/stores/XMCOSYisacozycolorfuldurableandaffordablewaytokeepyourdecorlightup/page/2EF2F180-9800-4B54-9CBE-21271B740DED 

About XMCOSY+

XMCOSY+ is a pioneer brand in the lighting field, reinventing home lighting with innovative technology and stylish design.Smart lights enable users to remotely control lighting and create a personalized atmosphere, thereby improving convenience and comfort.Retro solar lights meet the environmental protection requirements of sustainable development. We light up your life, allowing you to remotely or automatically control lights to your home, garden, pathway or vacation property directly from your smart devices. We always believe that good design could make life easier and delighter. Just like what we did, XMCOSY+ outdoor lighting was created for cozy, smart and stylish life! Learn more at XMCOSY+amazon store and xmcosy.com. And choose XMCOSY+ to enhance your living space.

Website:xmcosy.com

Media Contact: Coco Liu marketing3@xmcosylight.com  (For Partnership & Media contact)

Like and Subscribe XMCOSY+ social media:
Facebook: XMCOSY+
YouTube: XMCOSY+
Instagram: XMCOSY+
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Pinterest: XMCOSY+

XMcosy+ smart solar light
XMcosy+ smart solar light

Phoenix Aviation Capital and AIP Capital Announce the Closing of a Pre-Delivery Payment Facility with up to $300 Million in Total Commitments

DUBLIN and STAMFORD, Conn. and NEW YORK, April 12, 2025 /PRNewswire/ — Phoenix Aviation Capital (“Phoenix” or “the Company”), a full-service aircraft lessor, and AIP Capital, an alternative investment manager focused on asset-based finance opportunities today announced the closing of a Pre-Delivery Payment Financing Facility (the “facility”). The facility is intended to be used to finance pre-delivery payments for Phoenix’s orderbook of 30x 737 MAX-8 aircraft with Boeing. The facility will provide up to $300 million in total commitments, with $175 million in immediate funding and a $125 million accordion.

Natixis Corporate & Investment Banking (“Natixis”) provided the commitments for the facility and acted as Lead Structuring Agent, Mandated Lead Arranger and Underwriter. This event marks the second transaction completed between the organizations, with Natixis supporting Phoenix through financing on ten CFM LEAP 1B aircraft engines in November 2024.

“We are excited to further expand our relationship with Natixis,” said Mathew Adamo, Managing Partner of AIP Capital who also serves on the board of Phoenix commented. “This facility represents another milestone for Phoenix as it continues to execute upon its strategy of growing its fleet of next-generation aircraft assets on lease with airlines across the globe.”

Vedder Price acted as legal advisor to Phoenix and AIP, and Clifford Chance acted as legal advisor to the lenders. McCann Fitzgerald acted as legal advisor to Phoenix and AIP in Ireland, and PwC provided tax advice.

About Phoenix Aviation Capital

Phoenix Aviation Capital is a full-service aircraft lessor focused on financing modern, in-demand aircraft and is dedicated to meeting the financing needs of its airline customers across the globe. Phoenix Aviation Capital is based in Dublin and is managed by AIP Capital, a global aviation asset management and investment firm.

For more information about Phoenix Aviation Capital or to speak with company executives, please contact investor.relations@phoenixaviationcap.com.

About AIP Capital

AIP Capital (AIP) is a global alternative investment manager focused on opportunities in asset-based finance including aviation and equipment finance. AIP, together with its affiliates, manages approximately $4 billion of assets on behalf of a diversified global investor base. The AIP team is comprised of more than 30 experienced professionals across AIP’s offices in Stamford, New York City, Dublin, and Singapore. For more information about AIP Capital or to speak with company executives, please contact investor.relations@aipcapital.com.

Media Contacts

AIP Capital
Geoffrey Bayers
investor.relations@aipcapital.com

 

UN Global Compact and private sector move to accelerate progress on SDGs in Africa

Kampala Declaration calls for scaling up Forward Faster initiative across Africa

KAMPALA, Uganda, April 12, 2025 /PRNewswire/ — To accelerate progress towards achieving the Sustainable Development Goals (SDGs) in Africa, the United Nations Global Compact hosted the SDGs Activation Day earlier this week as part of its Forward Faster Now Africa initiative.

The SDG Activation Day served as the private sector space within the 11th Africa Regional Forum on Sustainable Development (ARFSD-11) held 7-11 April. With the theme, “Moving Forward Faster Now on the SDGs with African Businesses”, the SDG Activation Day brought together CEOs, corporate sustainability professionals, private sector leaders as well as representatives from Governments, policymakers, UN officials and other stakeholders from across Africa for high-level discussions.

With only 17 per cent of SDG targets on track for 2030, the UN Global Compact launched its Forward Faster initiative in 2023 to mobilize ambitious corporate action in high-impact areas: gender equality, living wage, water resilience, climate action and sustainable finance. Forward Faster calls on business leaders everywhere to drive companies to take measurable, credible and ambitious action in 5 areas that have the power to accelerate progress across all 17 SDGs where the private sector can collectively make the biggest, fastest impact by 2030.

Opening discussions, Sanda Ojiambo, CEO and Executive Director of the UN Global Compact, emphasized the critical role of private businesses in achieving the 2030 Agenda:

“To achieve the Africa that we all want, we know that we need forward thinkers – bold private sector leaders committed to working together and alongside Governments and civil society. Our UN Global Compact Forward Faster initiative is designed to guide and support business leaders and companies in areas where the business community is best equipped to scale sustainable business and sustainable development. These companies tell us that joining Forward Faster has helped shape company strategy, increase visibility, and build public trust, as well as get ahead of new regulations.”

The convening highlighted the urgent need for businesses to take action, inspiring participants to raise their ambitions. Through dedicated sessions on gender equality, sustainable finance and living wage, attendees heard tangible examples from leading African companies, facilitating peer learning to share best practices. In each session, attendees explored innovative approaches to enhance private sector engagement in sustainability, especially actions that businesses can take now, without any need for additional resources.

In his remarks, Antonio Pedro, Deputy Executive Secretary of the Economic Commission for Africa (ECA), urged business leaders to act decisively, noting that with the African Continental Free Trade Area (AfCFTA) unlocking the potential of a $3.4 trillion market, the opportunities to harness Africa’s potential are immense if done inclusively and sustainably.

“The private sector is no bystander; it is indispensable to job creation, innovation, and ultimately, prosperity for all Africans,” Pedro said. “We must move beyond visions, declarations, and plans— beyond even conferences—and translate these commitments into concrete action.”

The Kampala Declaration, the outcome document of the ARFSD-11, included a call for incentivizing private sector investments aligned with the SDGs and for scaling up the Forward Faster initiative in Africa to accelerate progress on the SDGs and the African Union’s Agenda 2063.

Key discussions on driving SDGs action

On sustainable finance, SDG Activation Day participants discussed how innovative public-private-partnerships (PPPs) can serve as a way to collaboratively create transformative impact. Financial services executives also shared how capital can be mobilized towards the SDGs, sharing learnings on risk management, blended finance and financial inclusion.

During the gender equality session, private sector leaders shared how they were able to move the needle within their organizations through recruitment, retention, procurement and male allyship. On living wages, participants called for cross-sector collaboration—from policy and awareness to research and technical support to ensure fair pay that lifts workers out of poverty and fuels economic growth.

Members of the Africa Business Leaders Coalition (ABLC) highlighted how collective action is a multiplier for impact. Leaders shared how the ABLC has already mobilized nearly 5 billion USD for climate action and centred the importance of promoting women’s economic inclusion with the ABLC Gender Statement.

The ARFSD is an annual inter-governmental and multi-stakeholder platform mandated to review progress in the implementation of the 2030 Agenda for Sustainable Development and Agenda 2063, while identifying and promoting interventions to accelerate implementation of the two Agendas, and generating Africa’s regional inputs to the High-Level Political Forum on Sustainable Development (HLPF) and other major national, regional, and global meetings.

The African private sector has embraced the sustainable development agenda and the UN Global Compact now counts more than 1,100 participants in the region. To date, more than 115 companies in Africa have made 585 specific commitments to deliver meaningful progress by 2030. We all call on African businesses of all sizes to commit to one or more forward faster targets. For those who are not yet Global Compact participants, learn more about joining the world’s largest corporate sustainability initiative HERE.

About the UN Global Compact

The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 63 Country Networks covering 80 countries and 13 Country Managers establishing Networks in 18 other countries, the UN Global Compact is the world’s largest corporate sustainability initiative—one Global Compact uniting business for a better world.