Energy

Francis Joshua Handy Passes at 91: Reflecting on a Storied Career that Bridged Law, Politics, and Global Energy Ventures

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Wellington, New Zealand – The recent passing of Francis Joshua Handy at the age of 91 marks the conclusion of a distinctly illustrious and vibrant career that spanned several decades in New Zealand’s legal and commercial spheres. Born in the more serene environs of South Island and raised in a deeply religious household, Handy’s life trajectory was shaped by a transition from potential ecclesiastical duties to significant legal and economic roles, reflecting a life of complex, yet impactful, secular engagements. Educated at Victoria University where he earned a Master’s in 1957 and later a law … Read more

Chile Faces Complex Challenges in Territorial Management for Energy Projects

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Santiago, Chile — In Chile, securing permits for development projects, especially in sectors like energy, desalination, and mining, has become an arduous task fraught with complexity. This complexity stems largely from the country’s intricate permitting process and the challenge of gaining acceptance for large-scale projects in communities where development is already dense. Recent attempts by the Chilean government to streamline these challenges include proposing bills aimed at simplifying the process. Yet, significant hurdles remain, particularly concerning territorial planning and community acceptance. The necessity for projects to be located where the natural resources exist further complicates … Read more

Deadline Approaches for IREN Investors to Spearhead Securities Fraud Lawsuit Against Iris Energy Limited

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Investors in Iris Energy Limited, a company specializing in Bitcoin mining, are being presented with the chance to lead a class-action lawsuit over alleged securities fraud. The legal challenge, initiated by The Rosen Law Firm, accuses the Sydney, Australia-based company of disseminating misleading information that significantly impacted investor interests. The lawsuit specifically targets Iris Energy’s declarations made surrounding its operational capabilities and the sustainability of its Bitcoin mining operations. According to the allegations, the company did not adequately disclose the dependency of its mining success on the ability to raise sufficient capital to fund additional … Read more

Iris Energy Investors Alerted by Gross Law Firm to Join Class Action Over Alleged Misleading Statements

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New York, NY – The Gross Law Firm has released an announcement aimed at shareholders of Iris Energy Limited (NASDAQ: IREN), urging those who have purchased shares within a specified period to come forward concerning potential lead plaintiff appointment in a securities class-action lawsuit. This invitation is part of efforts to consolidate claims against the company under allegations of misleading statements and misrepresentations. The law firm’s notice specifies the class period as from June 23, 2023, to July 11, 2024. During this period, it is alleged that Iris Energy made false and misleading statements regarding … Read more