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Stellantis to Webcast Investor Day on June 13

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Stellantis (www.Stellantis.com) Chief Executive Officer Carlos Tavares, Chief Financial Officer Natalie Knight and other members of the top executive team will share Stellantis’ view on the dynamic, challenging market and how the Company is well-positioned to compete for industry leadership at the Stellantis Investor Day on Thursday, June 13, at 8:00 a.m. EDT / 2:00 p.m. CEST in Auburn Hills, Michigan, U.S.

To watch the live event, visit the following webcast link: https://apo-opa.co/3xivr28

Details for watching the Stellantis Investor Day are also available under the Investors (https://apo-opa.co/3x1gP7r) section of the Company’s corporate website (www.Stellantis.com) where the presentation material is expected to be made available on the day of the event.

For those unable to attend the live session, a recorded replay will be accessible following the event.

Distributed by APO Group on behalf of Stellantis.

For more information, contact:
Fernão SILVEIRA 

+31 6 43 25 43 41
fernao.silveira@stellantis.com

Nathalie ROUSSEL
+33 6 87 77 41 82
nathalie.roussel@stellantis.com

communications@stellantis.com
www.Stellantis.com

Social Media:
Twitter: https://apo-opa.co/3yXaRoH
Facebook: https://apo-opa.co/4bZFM2o
LinkedIn: https://apo-opa.co/3Rmxn0v
YouTube: https://apo-opa.co/3Rmxo4z

About Stellantis: 
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders.  For more information, visit www.Stellantis.com.

Civil Society Organizations Launch “Principles for a Fair Just Energy Transition Partnership (JETP)” Framework Ahead of the Group of Seven (G7) Leaders Summit

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On Monday, 10 June, a coalition of Civil Society Organizations (CSOs) from South Africa, Indonesia, Vietnam, and Senegal presented the “Principles for a Fair Just Energy Transition Partnership (JETP)” (https://apo-opa.co/45iTydE) during a virtual press conference launch ahead of the G7 Summit proceedings starting on June 13th. These guiding principles for global just transitions highlight the integral need for accountability, transparency, equity, and other principles in climate finance towards addressing the urgent climate crisis, from the perspective of the Global South communities and civil society in line to receive JETP finance.

The JETP deals announced in South Africa, Indonesia, Vietnam, and Senegal underscore the necessity for finance in combating the climate crisis. As discussions around COP29 in November begin to take shape, robust commitments to principled climate finance are deemed essential for the world’s climate response. Despite finally meeting the USD$100 billion annual goal, developed countries are seemingly in favour of placing higher interest rates and restrictive conditions on their investments.This course of climate finance may ultimately hinder effective climate action in developing nations and increase their debt burden. Civil society voices urge G7 leaders and developed nations, as major polluters, to commit to creating a sustainable energy future through just climate finance deals.

Collectively developed by 350Africa.org, 350.org Indonesia, Trend Asia, Nu Climate Movement, Enviro Vito, Good Governance Africa, Lumière Synergie Développement (LSD) and Action Solidaire International (ASI), through sharing knowledge and experiences, these Global JETP Principles (https://apo-opa.co/45iTydE) call for climate justice and affirm the aspirations of CSOs in recipient countries for enduring climate solutions. They aim to serve as an advocacy and capacity-building tool, bringing together civil society and grassroots communities to advocate for fair and ambitious climate finance that is responsive to the realities of developing countries.

JETPs recognize the need for resources to transform energy systems and support developing countries. Expensive access to finance traps these nations in debt, limiting climate investments and necessitating a reevaluation of climate finance delivery. Collaboration among CSOs in the global south is vital to challenge the top-down approach. Principles developed by recipient countries, facilitated by civil society, are essential for accountability and asserting local aspirations in the energy transition.

Alia Kajee, Public Finance Campaigner at 350.org “Finance is not neutral; it can support transformative aspirations or perpetuate injustices under the guise of environmental progress. The current international financial system reveals significant power imbalances between developed and developing nations, which must be addressed to achieve just, people-centered climate action”.

Ndeye Fatou Sy, Program Manager at Lumière Synergie Développement (LSD) “Finance ministers must prioritize funding mechanisms aligned with justice objectives to avoid undue strain on national economies, while ensuring greater transparency and accountability within JETPs. These partnerships, guided by principles ensuring efficacy and impact, are critical for driving effective climate action.”

Andreas Sieber, Associate Director of Policy and Campaigns at 350.org “A principled approach to finance is vital for navigating the global climate finance landscape, ensuring equitable and effective solutions. Initiatives like JETP highlight the need for just transitions, but aligning them with national climate finance direction and unlocking public finance, particularly in the Global South, is crucial. It is crucial that G7 member states demonstrate willingness to deliver finance at COP29.”

Maureen Harris, Senior Advisor at International Rivers and coordinator of the Vietnam Climate Defenders Coalition
“In Vietnam, the government has committed to a just energy transition and signed up for a JETP, while at the same time imprisoning the country’s leading climate defenders. Targeted attacks on climate leaders and environmental organizations severely limit genuine opportunities for consultation with civil society, which are essential to any just transition. To meet the urgency of the climate crisis, energy transition financing must center principles of transparency, participation and accountability, towards truly just and sustainable solutions.” 

Liangyi Chang, Asia Managing Director at 350.org “In the scorching grip of the 2024 climate heat wave, Asia bears witness to the harsh reality of climate change. As temperatures soar and ecosystems strain, the urgency of transitioning to renewable energy becomes ever more apparent. Every climate leader from civil society shall be part of the Just Energy Transition Partnership from all governments, only together we can make it possible and to solve the climate disruption.”

Distributed by APO Group on behalf of 350.org.

Notes for Editors:
For more information about the JETP work, please visit the webpage (https://apo-opa.co/45iTydE). The Global Principles and panelists information are also available here (https://apo-opa.co/3x0CRat).

For interviews and additional information contact:
350Africa.org

Anna Amar
Email: anna.amar@350.org

Tetracore Advances Natural Gas Monetization in Nigeria with Compressed Natural Gas (CNG) Commissioning, Liquefied Natural Gas (LNG) Ground Breaking

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Integrated energy solutions provider Tetracore has commissioned phase one of its Compressed Natural Gas (CNG) facility in Nigeria – representing a significant step towards strengthening the country’s natural gas distribution infrastructure. The company has also broken ground on the construction of a modular Liquefied Natural Gas (LNG) facility, which is poised to not only diversify Tetracore’s oil and gas portfolio but advance monetization in the gas-rich nation.

As the voice of the African energy sector and a strong advocate for natural gas development in Africa, the African Energy Chamber (AEC) commends both of these achievements, recognizing the role facilities such as these will play in making energy poverty history in Africa. Tetracore – led by Managing Director Olakunle Williams – continues to make great strides towards promoting industrialization and electrification in Africa through the development of natural gas. The commissioning comes ahead of the African Energy Week (AEW): Invest in African Energy conference this November (4-8), which provides a platform for deals to be signed and African energy projects advanced. 

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

The development of Tetracore’s CNG facility – with a capacity of 3.1 million standard cubic feet per day (MMscf/d) – falls in line with the Nigerian government’s Decade of Gas initiative, which promotes the role of gas as a catalyst for industrial growth. Located on the Benin-Sagamu Express Road in Ogun State, the CNG facility aims to bolster gas availability along Nigeria’s Western-Southern corridor, which houses some of the country’s largest industrial clusters. Tetracore has plans to double the project’s capacity to 6.2 MMscf/d in the future, ensuring demand continues to be met as industrialization advances in Nigeria.

Additionally, Tetracore’s CNG plant is near the Nigerian National Petroleum Corporation’s Gas Marketing Limited (NGML) connection point, which connects to the Escravos-Lagos Pipeline – the main gas transmission pipeline between the Niger Delta and the commercial capital of Nigeria, Lagos. This prime location ensures reliable pressure for effective and efficient CNG production and distribution, reaching both western and southern markets. Tetracore has also equipped the facility with advanced compression technology featuring an inbuilt fire suppressant system, ensuring safety and optimal performance, and the facility boasts an energy conversion efficiency rate of over 90%. As such, the project is expected to play a crucial role in enhancing local energy accessibility and providing a cleaner alternative to traditional energy sources. By utilizing CNG, the company aims to reduce carbon emissions and contribute to a more sustainable energy landscape in Africa.

In addition to the CNG facility, Tetracore has also broken ground on a modular LNG facility. The planned 10 MMscf/d LNG facility will diversify the company’s energy offerings and contribute to Nigeria’s energy independence. Designed to efficiently produce and distribute LNG in Nigeria, the LNG facility provides an environmentally-friendly energy source for the country. This will be particularly instrumental for industries such as transportation and power generation. Additionally, the modular nature of the facility allows for scalable expansion, which will enable Tetracore to adapt to the growing energy needs of the region.

“Tetracore’s activities in Africa are part of a broader strategy to develop robust and sustainable energy solutions across the continent. The Chamber recognizes the importance of Tetracore’s projects in ensuring energy security and driving forward the energy transition in Africa, providing reliable and cleaner solutions,” states NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

Empowering Coaches: Level 1 Rugby Coaching Course at The International French School in Dar Es Salaam

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Event: Level 1 Rugby Coaching Course 

Venue: The International French School in Dar Es Salaam (The International French School) 

Date: 5th to 6th June, 2024

From June 5th to 6th, 2024, The International French School in Dar Es Salaam hosted the Level 1 Rugby Coaching Course, a significant event aimed at bolstering the skills and knowledge of rugby coaches in Tanzania. This event was conducted by Mr. Robert Bwali, the Rugby Afrique Game Growth Manager, a highly respected figure in the rugby community. This visit marked Mr. Bwali’s third trip to Tanzania, highlighting his continued commitment to developing rugby in the country.

The course saw an enthusiastic participation of 10 aspiring coaches from various regions of Tanzania. The diverse group brought together both experienced and novice coaches, all eager to enhance their understanding and coaching abilities.

Activities:

The two-day course was divided into two segments: classroom sessions and practical training on the pitch. On the first day, participants gathered in a lecture hall at The International French School for intensive classroom sessions. These sessions covered fundamental coaching principles, techniques, and strategies essential for effective rugby coaching. Mr. Bwali’s engaging teaching style and extensive knowledge captivated the participants, providing them with invaluable insights into the sport.

On the second day, the focus shifted to practical training on the The International French School pitch. Here, participants put theory into practice, learning hands-on coaching techniques under Mr. Bwali’s guidance. They engaged in various drills and exercises designed to improve player skills, game strategies, and safety protocols. The practical sessions allowed participants to experience real-life coaching scenarios and receive direct feedback, significantly enhancing their practical coaching skills.

Aim:

The primary aim of this training was to empower local rugby coaches with the skills and knowledge necessary to develop and mentor rugby players effectively. By providing this foundational coaching education, Rugby Afrique and the Tanzania Rugby Union hope to elevate the standard of rugby coaching in the country. The long-term goal is to strengthen the overall quality of rugby in Tanzania, fostering a more competitive and professional environment for the sport.

The Level 1 Rugby Coaching Course at The International French School was a resounding success, leaving participants more confident and better equipped to contribute to the development of rugby in Tanzania. This initiative marks an important step in the ongoing efforts to promote and elevate the sport nationwide.

Comment from Mr. Bwali:

“I am thrilled to see the passion and dedication of the coaches here in Tanzania. This course is just the beginning, and I am confident that with continued effort, we will see significant growth and success in Tanzanian rugby,” said Mr. Robert Bwali, Rugby Afrique Game Growth Manager.

Comment from Mr. Jacob Jonas ( President, Tanzania Rugby Union (TRU):

“We are deeply grateful to Mr. Bwali and Rugby Afrique for their unwavering support. This course has the potential to revolutionize rugby coaching in Tanzania and set new standards for the sport across Africa. Our vision is to see Tanzanian rugby grow, benefiting not just the participants, but the country and the continent as a whole. Together, we can achieve remarkable success,” said Mr. Jacob Jonas, President of the Tanzania Rugby Union (TRU).

Distributed by APO Group on behalf of Tanzania Rugby Union.