Active Pipeline means, at any time and for any period, the sum (expressed in dollars) of the proposed NYGB investment amount in all NYGB active transactions in the Pipeline where, in relation to each transaction: (a) there is agreement in principle between the parties; (b) there is momentum in moving the transaction forward; (c) conditions to investment are expected to be met; and (d) NYGB is dynamically proceeding towards and through “greenlight” recommendation, IRC approval and transaction execution. Unlike other Metrics that are cumulative measures since NYGB Inception, “Active Pipeline” is a point in time measure. As momentum behind individual transactions fluctuates while advancing towards execution due to various factors, including many not under NYGB’s control, transactions may move in and out of the Active Pipeline at any given time.
Active Pipeline means, at any time and for any period, the sum (expressed in dollars) of the proposed NYGB investment amount in all NYGB active transactions in the Pipeline where, in relation to each transaction:
Active Pipeline means, at any time and for any period, the sum (expressed in dollars) of the proposed NYGB investment amount in all NYGB active transactions in the Pipeline where, in relation to each transaction: (a) there is agreement in principle between the parties; (b) there is momentum in moving the transaction forward; (c) conditions to investment are expected to be met; and (d) NYGB is dynamically proceeding toward and through recommendation by the Greenlight Committee, IRC approval and transaction execution.
Examples of Active Pipeline in a sentence
Figures 2, 3 and 4 below show the distribution of proposed investments in NYGB’s Active Pipeline by technology, end-use customer segment and geography.
Transaction Status & Active Pipeline ($ Millions): Year-on-Year Review 3Figure 2.
As momentum behind individual transactions fluctuates while advancing towards execution due to various factors, including many not under NYGB’s control, transactions may move in and out of the Active Pipeline at any given time.
Transactions that are in process but not yet closed, which collectively comprise NYGB’s Active Pipeline, discussed in Section 2.2.
Attachments• Appendix A – PSEP - SoCalGas / SDG&E - Active Pipeline Projects List with Cost• Appendix B – PSEP - SoCalGas / SDG&E - Active Valve Projects List with Cost• Appendix C – Records Review and Interim Safety Measure Costs 1 D.12-04-021, mimeo., at 7 and 12 (Ordering Paragraph No. 4).V.
Unlike other references which are cumulative since NYGB inception, Active Pipeline is a point-in-time reference.
As momentum behind individual transactions fluctuates while advancing towards execution and closing due to various factors, including many not under NYGB’s control, these transactions may move in and out of the Active Pipeline at any given time.
Caramba Tubarão Sidon Tiro Estrela do Mar Coral Caravela Active Pipeline Planned Pipeline Hydrocarbon Phase Caravela Sul Gas Cavalo Marinho Petrobras oil + gas discovery made in 2008 within Cretaceous and Tertiary was also targeting pre-salt.
Proposed Action 1: Active Pipeline and Portfolio Management: The potential funding shortage requires active monitoring and tracking of the CTF pipeline and portfolio so that the issue can be timely anticipated, proposals can be identified and solution can be sought in consultation with the MDB committee (and the Trust Fund Committee if need be).
The Active Pipeline continues to be diversified across technology, location and end-user segments.
More Definitions of Active Pipeline
Active Pipeline means, at any time and for any period, the sum (expressed in dollars) of the proposed NYGB investment amount in all NYGB active transactions in the Pipeline where, in relation to each transaction: (a) there is agreement in principle between the parties; (b) there is momentum in moving the transaction forward; (c) conditions to investment are expected to be met; and (d) NYGB is dynamically proceeding toward and through recommendation by the “Greenlight Committee,” IRC approval and transaction execution. NYGB Goals Key Performance Indicators Metrics energy, distributed energy and energy efficiency)(MWh/MMBtu14);− Lifetime and Annual clean energy generated (MWh);− Lifetime and Annual energy saved from Combined Heat and Power (“CHP”) (MWh/MMBtu);− Clean energy generation installed capacity (MW15) from CHP;− Clean energy generation installed capacity (MW);− GHG emissions reductions (metric tons); and Installed direct and indirect energy and environmental benefits:− Energy saved by fuel type from energy efficiency projects (MWh/MMBtu) and/or actual clean energy generated (MWh);− Primary energy saved from CHP (Btu);− Clean energy generation installed capacity (MW); and− GHG emissions reductions (metric tons). The NYGB goals, KPIs and metrics flow through all aspects of NYGB’s business from investment and portfolio management to risk and compliance, strategy, operations and finance, and legal and regulatory – aligning the entirety of NYGB’s activities against its goals. NYGB files quarterly metrics reports describing its performance for ratepayers, regulators and other stakeholders. In addition, pursuant to the Metrics Plan, NYGB reports on installed energy and environmental performance across the Investment Portfolio on an annual basis and also files a financial metrics report (“Annual Financial Metrics Report”) annually in June focused largely on financial and risk metrics, including NYGB’s audited financial statements (in turn including notes and management discussion and analysis, “Audited Financials”).All Annual Financial Metrics Reports and Audited Financials are available at www.greenbank.ny.gov/Resources/Public-Filings. 1.6 Impact & Reporting One of NYGB’s key investment criteria is to ensure that transactions have the potential for energy savings and/or clean energy generation that contribute to GHG emissions reductions in support of REV, CEF and SEP objectives. NYGB tracks specific direct and indirect impacts, including estimated clean energy generatio...
Active Pipeline means, at any time and for any period, the sum (expressed in dollars) of the proposed NYGB investment amount in all NYGB active transactions in the Pipeline where, in relation to each transaction: (a) there is agreement in principle between the parties; (b) there is momentum in moving the transaction forward; (c) conditions to investment are expected to be met; and (d) NYGB is dynamically proceeding towards and through “greenlight” recommendation, Investment & Risk Committee (“IRC”) approval and transaction execution. Unlike other metrics that are cumulative measures since NYGB Inception, Active Pipeline is a point in time measure. As momentum behind individual transactions fluctuates while advancing toward execution due to various factors, including many not under NYGB’s control, transactions may move in and out of the Active Pipeline at any given time.The KPIs and metrics described in Table 1 are infused throughout all aspects of NYGB’s business from investment and portfolio management through risk and compliance, operations and finance, and legal and regulatory, which serves to align the entirety of NYGB’s activities against its goals. NYGB files metrics reports on a quarterly basis that lay out its performance in a transparent manner for the Commission, ratepayers and other stakeholders. In addition, pursuant to the Metrics Plan, NYGB reports on installed energy and environmental performance across the investment portfolio on an annual basis and files an annual financial metrics report (focused largely on financial and risk metrics, including NYGB’s Audited Financials). All metrics reports are available at www.greenbank.ny.gov/About/Public-Filings. Details of NYGB’s performance against its KPIs in the year since the 2015 Business Plan filing through June 17, 2016 are set out in Section 3.Year in Review In this Section 3, NYGB provides details of its specific achievements in the plan year just ending – beyond business as usual activities. Information is presented in Section 3.1, as an “at a glance” summary of performance as of June 17, 201613, in the following key areas: Stimulating new clean energy proposals in the State; Strong, Active Pipeline; Portfolio driving material clean energy investments across NYS; Mobilizing private capital; Revenue growth paving the way to self-sufficiency; and Contributing to CEF objectives and in turn REV and the CES (by supporting increased deployment of renewable energy, distributed energy and energy efficiency)...
Active Pipeline means, at any time and for any period, the sum (expressed in dollars) of the proposed NYGB investment amount in all NYGB active transactions in the Pipeline where, in relation to each transaction: (a) there is agreement in principle between the parties; (b) there is momentum in moving the transaction forward; (c) conditions to investment are expected to be met; and (d) NYGB is dynamically proceeding toward and through “greenlight” recommendation, Investment & Risk Committee (“IRC”) approval and transaction execution. Unlike other metrics that are cumulative measures since NYGB’s Inception, Active Pipeline is a point in time measure. As momentum behind individual transactions fluctuates while advancing toward execution due to various factors, including many not under NYGB’s control, transactions may move in and out of the Active Pipeline. Investment Performance at a GlanceAs of March 31, 2018 Stimulating Clean Energy Investment in the StateAs a result of NYGB’s ongoing new market development, during the 2017 – 18 Plan Year, NYGB received new investment proposals totaling Strong Active Pipeline$533.0 million. Since Inception, NYGB has received proposals to invest over $2.6 billion of capital. NYGB invested $111.4 million in seven transactions during the 2017 – 18 Plan Year. The Active Pipeline of potential investments proceeding toward close was$704.2 million.27 Driving Material Sustainable Infrastructure Investments Across NYSNYGB’s Investment Portfolio supports clean energy projects with Total Project Costs (Cumulative) between $1.4 and $1.6 billion in aggregate, based on Overall Investments to Date of $457.5 million. Mobilizing Capital Revenue Growth – Maintaining Self-SufficiencyNYGB’s Investment Portfolio represents an expected Mobilization Ratio in line with the target level of 3:1,28 which will be realized as planned sustainable infrastructure projects are successfully implemented by NYGB’s clients and counterparties. Over 10 years, assuming periodic reinvestment in comparable transactions, the expected Mobilization Ratio remains on track to meet or exceed 8:1. NYGB continues to maintain self-sufficiency with achieved net income for the 2017 – 18 Plan Year at $11.2 million. Since inception, NYGB has generated$32.6 million in revenue with $19.7 million in the 2017 – 18 Plan Year alone. Contributing to CEF Objectives, REV and the CESNYGB’s Overall Investments to Date drive estimated lifetime GHG emissions reductions of between 6.3 and 8.1 million metric...
Active Pipeline means, at any time and for any period, the sum (expressed in dollars) of the proposed NYGB investment amount in all NYGB active transactions in the Pipeline where, in relation to each transaction: (a) there is agreement in principle between the parties; (b) there is momentum in moving the transaction forward; (c) conditions to investment are expected to be met; and (d) NYGB is dynamically proceeding towards and through “greenlight” recommendation, Investment & Risk Committee (“IRC”) approval and transaction execution. Unlike other metrics that are cumulative measures since NYGB’s Inception, Active Pipeline is a point in time measure. As momentum behind individual transactions fluctuates while advancing toward execution due to various factors, including many not under NYGB’s control, transactions may move in and out of the Active Pipeline. NYGB Goals Key Performance Indicators The KPIs and metrics described in Table 1 flow through all aspects of NYGB’s business from investment and portfolio management through risk and compliance, operations and finance, and legal and regulatory, aligning the entirety of NYGB’s activities against its goals. NYGB files metrics reports on a quarterly basis that lay out its performance in a transparent manner for the Commission, ratepayers and other stakeholders. In addition, pursuant to the Metrics Plan, NYGB reports on installed energy and environmental performance across the Investment Portfolio on an annual basis and also files an Annual Financial Metrics Report (focused largely on financial and risk metrics, including NYGB’s Audited Financials). All metrics reports are available at www.greenbank.ny.gov/About/Public-Filings. Impact & Reporting One of NYGB’s key investment criteria is to ensure that transactions have the potential for energy savings and/or clean energy generation that contribute to GHG emissions reductions in support of REV, CEF and SEP objectives. Specific impacts that are tracked include estimated clean energy generation, installed capacity, energy savings from efficiency measures (MWh (electricity) and MMBtu (fuel)), as well as estimated GHG emissions reductions (collectively, “Impact Benefits”). The CEF Order includes 10-year minimum goals, measured as cumulative annual benefits across a number ofidentified aspects.15 The target contribution of NYGB’s Investment Portfolio over the “Useful Life” of all underlying projects (collectively, the “Projects”) toward each of those goals16 comprises the “Impact B...