Technology
Evolve Announces Estimated Annual Distributions for Certain Evolve Funds
Published
2 years agoon
By
TORONTO, Nov. 29, 2024 /CNW/ – Evolve Funds Group Inc. (“Evolve”) announces the estimated special year end cash income and non-cash notional reinvested income and capital gains distribution per unit (the “Distributions”) for certain Funds (the “Evolve Funds”) for the 2024 tax year.
These estimates are for the annual cash income and non-cash capital gains and income distributions. Non-cash capital gains and income distributions are typically reinvested in additional units of the respective Funds at the year-end, and do not include estimates of ongoing monthly or quarterly cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution. The reinvestment and immediate consolidation of additional units will result in an increase in the adjusted cost base of units outstanding.
Evolve’s estimates of cash income and non-cash capital gain and income distributions are for information purposes only, to aid with year-end tax and investment planning. These estimates are based on both preliminary and forward-looking information. Actual distributions may differ significantly from the estimates and some of the Funds may pay distributions above or below these estimated ranges, and Funds not currently expected to pay could be required to do so. These estimates are not intended to be used as tax advice. Because each investor’s tax situation is unique, a qualified tax advisor should be consulted.
Evolve expects to announce the final annual cash and reinvested distribution amounts on or about December 31, 2024 for all Evolve Funds with record date of December 31, 2024. The actual taxable amounts of cash and reinvested distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2025.
The estimates are as of October 31, 2024 and could change due to events that occur between the date of these estimates and the date of the Funds’ taxation year end of December 31, 2024 for the High Interest Savings Account Fund, US High Interest Savings Account Fund, Premium Cash Management Fund and US Premium Cash Management Fund and of December 15, 2024 for all other Evolve Funds, and due to a number of factors. These events and factors may include the following:
The full measurement period is not captured by these estimates.Portfolio trading and market movements over the next several weeks.Estimates are indicated on a per-share basis. Changes in the number of shares outstanding can have a significant impact on these estimates.These estimates do not reflect all required tax adjustments. Certain tax adjustments are based on market value at a point in time and, therefore, cannot be estimated. Actual distribution amounts will be affected by all required tax adjustments and may be substantially different from these estimates.The period for the Funds’ taxation year may not correspond with the Funds’ fiscal year. This misalignment can have an impact on the amounts distributed and their tax characteristics.
To estimate the dollar value of a distribution for a Fund, multiply the Fund’s total per-share distribution estimate by the number of shares owned.
Evolve Funds
Ticker
Estimated
Reinvested
Income
Distribution
Per Unit
Estimated
Reinvested
Capital Gains
Distribution
Per Unit
Estimated
Cash
Income
Distribution
Per Unit
Currency
Evolve Canadian Aggregate Bond Enhanced Yield Fund
AGG
$0.00000
$0.00000
$0.00000
CAD
Evolve Artificial Intelligence Fund
ARTI
$0.00000
$0.00000
$0.00000
CAD
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund
BANK
$0.00000
$0.00000
$0.00000
CAD
Evolve Global Materials & Mining Enhanced Yield Index ETF
BASE
$0.00000
$0.00000
$0.00000
CAD
Evolve Global Materials & Mining Enhanced Yield Index ETF
BASE.B
$0.00000
$0.00000
$0.00000
CAD
Evolve Enhanced Yield Bond Fund
BOND
$0.00000
$0.00000
$0.00000
CAD
Evolve Enhanced Yield Bond Fund
BOND.B
$0.00000
$0.00000
$0.00000
CAD
Evolve Enhanced Yield Bond Fund
BOND.U
$0.00000
$0.00000
$0.00000
USD
Evolve US Banks Enhanced Yield Fund
CALL
$0.00000
$0.00000
$0.00000
CAD
Evolve US Banks Enhanced Yield Fund
CALL.B
$0.00000
$0.00000
$0.00000
CAD
Evolve US Banks Enhanced Yield Fund
CALL.U
$0.00000
$0.00000
$0.00000
USD
Evolve Automobile Innovation Index Fund
CARS
$0.00000
$0.00000
$0.08115
CAD
Evolve Automobile Innovation Index Fund
CARS.B
$0.00000
$0.00000
$0.10611
CAD
Evolve Automobile Innovation Index Fund
CARS.U
$0.00000
$0.00000
$0.04753
USD
Evolve Cyber Security Index Fund
CYBR
$0.00000
$0.00000
$0.00000
CAD
Evolve Cyber Security Index Fund
CYBR.B
$0.00000
$0.00000
$0.00000
CAD
Evolve Cyber Security Index Fund
CYBR.U
$0.00000
$0.00000
$0.00000
USD
Evolve Cloud Computing Index Fund
DATA
$0.00000
$0.00000
$0.00000
CAD
Evolve Cloud Computing Index Fund
DATA.B
$0.00000
$0.00000
$0.00000
CAD
Evolve Active Canadian Preferred Share Fund
DIVS
$0.00000
$0.00000
$0.10005
CAD
Evolve Active Global Fixed Income Fund
EARN
$0.00000
$0.00000
$0.33135
CAD
Evolve Bitcoin ETF
EBIT
$0.00000
$0.00000
$0.00000
CAD
Evolve Bitcoin ETF
EBIT.U
$0.00000
$0.00000
$0.00000
USD
Evolve European Banks Enhanced Yield ETF
EBNK
$0.00000
$0.00000
$0.00000
CAD
Evolve European Banks Enhanced Yield ETF
EBNK.B
$0.00000
$0.00000
$0.00000
CAD
Evolve European Banks Enhanced Yield ETF
EBNK.U
$0.00000
$0.00000
$0.00000
USD
Evolve Innovation Index Fund
EDGE
$0.00000
$0.00000
$0.16109
CAD
Evolve Innovation Index Fund
EDGE.U
$0.00000
$0.00000
$0.08822
USD
Evolve S&P 500® Enhanced Yield Fund
ESPX
$0.00000
$0.00000
$0.00000
CAD
Evolve S&P 500® Enhanced Yield Fund
ESPX.B
$0.00000
$0.00000
$0.00000
CAD
Evolve S&P 500® Enhanced Yield Fund
ESPX.U
$0.00000
$0.00000
$0.00000
USD
Evolve Cryptocurrencies ETF
ETC
$0.00000
$0.00000
$0.00583
CAD
Evolve Cryptocurrencies ETF
ETC.U
$0.00000
$0.00000
$0.00886
USD
Evolve Ether ETF
ETHR
$0.00000
$0.00000
$0.00000
CAD
Evolve Ether ETF
ETHR.U
$0.00000
$0.00000
$0.00000
USD
Evolve S&P/TSX 60 Enhanced Yield Fund
ETSX
$0.00000
$0.00000
$0.00000
CAD
Evolve Active Core Fixed Income Fund
FIXD
$0.00000
$0.00000
$0.00000
CAD
Evolve E-Gaming Index ETF
HERO
$0.00000
$0.00000
$0.00000
CAD
High Interest Savings Account Fund
HISA
$0.01589
$0.00000
$0.01478
CAD
US High Interest Savings Account Fund
HISU.U
$0.11793
$0.00000
$0.03880
USD
Evolve Future Leadership Fund
LEAD
$0.00000
$0.00000
$0.00000
CAD
Evolve Future Leadership Fund
LEAD.B
$0.00000
$0.00000
$0.00000
CAD
Evolve Future Leadership Fund
LEAD.U
$0.00000
$0.00000
$0.00000
USD
Evolve Global Healthcare Enhanced Yield Fund
LIFE
$0.00000
$0.00000
$0.00000
CAD
Evolve Global Healthcare Enhanced Yield Fund
LIFE.B
$0.00000
$0.00000
$0.00000
CAD
Evolve Global Healthcare Enhanced Yield Fund
LIFE.U
$0.00000
$0.00000
$0.00000
USD
Premium Cash Management Fund
MCAD
$0.00000
$0.00000
$0.04199
CAD
US Premium Cash Management Fund
MUSD.U
$0.00000
$3.15032
$0.03844
USD
Evolve NASDAQ Technology Index Fund
QQQT
$0.00000
$1.19006
$0.00000
CAD
Evolve NASDAQ Technology Index Fund
QQQT.B
$0.00000
$0.61190
$0.00000
CAD
Evolve NASDAQ Technology Index Fund
QQQT.U
$0.00000
$0.00000
$0.00000
USD
Evolve NASDAQ Technology Enhanced Yield Index Fund
QQQY
$0.00000
$0.00000
$0.00000
CAD
Evolve FANGMA Index ETF
TECH
$0.00000
$0.46186
$0.00000
CAD
Evolve FANGMA Index ETF
TECH.B
$0.00000
$0.72065
$0.00000
CAD
Evolve FANGMA Index ETF
TECH.U
$0.00000
$0.00000
$0.00000
USD
Evolve Canadian Utilities Enhanced Yield Index Fund
UTES
$0.00000
$0.00000
$0.00000
CAD
Distributions for the Funds will vary from period to period. For further information regarding the Distributions, please visit www.evolveetfs.com
Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to ETFs. Investors may incur customary brokerage commissions in buying or selling ETF units. Please read the prospectus before investing.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Evolve undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.
About Evolve Funds Group Inc.
With over $7.5 billion in assets under management, Evolve is one of Canada’s fastest growing ETF providers since launching its first ETF in September 2017. Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve’s suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long term investment themes; and (iii) some of the world’s leading investment managers. Established by a team of industry veterans with a proven track record of success, Evolve creates investment products that make a difference. For more information, please visit www.evolveetfs.com.
Join us on social media: Twitter | LinkedIn | Facebook | Youtube
The S&P 500® Index and the S&P/TSX 60 Index are each a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by the Evolve Funds. S&P® and S&P 500® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). It is not possible to invest directly in an index. The Evolve Funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Evolve Funds or any member of the public regarding the advisability of investing in securities generally or in the Evolve Funds particularly or the ability of the S&P 500® Index and the S&P/TSX 60 Index to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices’ only relationship to the Evolve Funds with respect to the S&P 500® Index and the S&P/TSX 60 Index is the licensing of the Indexes and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P 500® Index and the S&P/TSX 60 Index are determined, composed and calculated by S&P Dow Jones Indices without regard to the Evolve Funds. S&P Dow Jpones Indices have no obligation to take the needs of the Evolve Funds or the owners of the Evolve Funds into consideration in determining, composing or calculating the S&P 500® Index and the S&P/TSX 60 Index. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Evolve Funds. There is no assurance that investment products based on the S&P 500® Index or the S&P/TSX 60 Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an “investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, promoter” (as defined in the Investment Company Act of 1940, as amended), “expert” as enumerated within 15 U.S.C. s. 77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE EVOLVE FUNDS, THE OWNERS OF THE EVOLVE FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE EVOLVE FUNDS OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Evolve ETFs. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
SOURCE Evolve ETFs
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GRT Capital Management opens Dubai office in DIFC to expand into MEASA region
Published
53 minutes agoon
September 2, 2026By
DIFC office strengthens GRT’s regional presence and supports its long-term growth across the MEASA region.
DUBAI, UAE, Sept. 2, 2026 /PRNewswire/ — GRT Capital Management Limited (“GRT”) today announced the launch of its office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, marking a significant milestone in the global expansion of the asset management firm.
Regulated by the Dubai Financial Services Authority (DFSA), the DIFC office will serve as the regional hub to support GRT’s engagement with professional investors, including ultra-high-net-worth (UHNW) families and institutional clients across the MEASA region.
Tim Haywood, Managing Director of GRT Capital Management Limited (DIFC Representative Office), said, “The MEASA region is home to significant private and public wealth, and regional investors have a growing appetite for alternative investments. With the United Arab Emirates serving as a key international financial hub, DIFC’s robust legal and regulatory framework makes it a strong platform for our regional expansion. We’re excited to take this significant step forward in our ability to serve clients in MEASA.”
GRT specializes in private market investments across real assets and asset-backed financing, and offers Shariah-compliant investment strategies.[1] The firm provides fund management, discretionary portfolio management and investment advisory services to clients. GRT’s investment platform includes strategies focused on real assets, including those identified in collaboration with Walton Global, an established land asset management group.
Jamie Lam, President of GRT said, “The establishment of our DIFC Office is a natural progression of GRT’s growth strategy. We see the MEASA region as one of our key growth markets, and this expansion enables us to strengthen our regional presence and deepen engagement with investors and strategic partners across the MEASA region.”
GRT is an established provider of alternative asset management services. The firm specializes in strategic land investments and asset-backed financing focused on income and growth strategies. GRT is licensed by the Securities and Futures Commission of Hong Kong to carry out Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities.
[1] GRT’s Shariah-compliant investment strategy is reviewed and endorsed by Masryef Advisory, an Islamic finance advisory firm based in Malaysia.
About Dubai International Financial Centre
Dubai International Financial Centre (DIFC) is the world’s most advanced financial centre, shaping the global financial landscape and cementing Dubai’s reputation as a leading business destination across the Middle East, Africa, and South Asia (MEASA).
As the region’s only financial centre operating at scale across all sectors, DIFC is home to 10,018 active firms. These include 1,134 regulated firms, among them are 370 banks and capital markets firms, 71 brokerage entities, 165 insurance and (re)insurance companies and 592 Wealth and Asset Management firms (including over 100 hedge fund managers). Home to 1,933 AI, FinTech and innovation firms, DIFC sets the benchmark for financial innovation and is a top five ranked FinTech hub across the world.
Underpinned by a trusted, world-class legal and regulatory framework, including the region’s most utilised commercial courts, DIFC ensures efficient governance and reinforces Dubai’s leadership in the digital economy. Connecting 50,200 professionals, it offers the region’s deepest pool of financial talent, serving as the gateway to MEASA for all financial players.
Beyond business, DIFC provides the complete urban experience with world-class lifestyle amenities, establishing it as a highly sought-after destination. The 17.7mn sq. ft. DIFC Zabeel District expansion which provides capacity for over 42,000 companies and a workforce of more than 125,000, DIFC is solidifying Dubai’s position as a top four global financial centre. The new District will also include premium Grade A commercial office space, over 1mn sq.ft. allocated to future technologies including the world’s largest Innovation Hub and world’s first purpose-built AI Campus, an expanded academy, residential buildings, hotels, a conference centre, and a range of retail, dining, and cultural offerings, including the Museum of Digital Art, the region’s first museum dedicated to digital art and new technologies.
Anchored in integrity, DIFC is the platform for success, driving the future of finance.
For further information, please visit our website: difc.com, or follow us on LinkedIn and X @DIFC.
Regulatory Information
GRT Capital Management Limited (DIFC Representative Office) is regulated by the Dubai Financial Services Authority (DFSA) as a Representative Office. GRT Capital Management Limited is licensed by the Securities and Futures Commission of Hong Kong to carry out Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities. All regulated activities are conducted in Hong Kong. The DIFC Representative Office does not conduct regulated activities.
Disclaimer
This announcement is issued by GRT Capital Management Limited (DIFC Representative Office) for information purposes only. It does not constitute, and should not be construed as, an offer, invitation, recommendation, solicitation or inducement to buy or sell any financial product or investment service, nor does it constitute investment, legal, tax or other professional advice. Any financial products or services referred to herein are offered by GRT Capital Management Limited and/or its relevant Group entities, as applicable, and are subject to applicable laws, regulatory requirements and offering documentation. The DIFC Representative Office does not conduct regulated activities. All regulated activities are carried out by GRT Capital Management Limited in Hong Kong under its SFC Type 4 and Type 9 licences, and such services are exclusively available to Professional Investors (as defined under the Securities and Futures Ordinance) and are not available to the retail public in Hong Kong. Investment involves risks. Past performance is not indicative of future results.
View original content:https://www.prnewswire.co.uk/news-releases/grt-capital-management-opens-dubai-office-in-difc-to-expand-into-measa-region-302867524.html
Technology
CNN Academy expands to Japan to empower future multimedia storytellers
Published
53 minutes agoon
September 2, 2026By
HONG KONG, Sept. 2, 2026 /PRNewswire/ — CNN has successfully concluded the inaugural edition of CNN Academy in Japan, delivering an intensive, skills-focused journalism training experience designed to empower the next generation of multimedia storytellers.
The program featured a hybrid curriculum centered on digital storytelling in the age of Artificial Intelligence (AI). Participants first completed virtual coursework on CNN’s dedicated e-learning platform, covering storytelling ethics and AI integration in newsrooms, before gathering for an immersive, hands-on workshop week in Tokyo.
Hosted at Sophia University in Tokyo, the five-day in-person workshop was led by CNN award-winning international correspondent Hanako Montgomery, CNN award-winning producer Junko Ogura, leading mobile storytelling expert Glen Mulcahy, and seasoned media executive David Ford. Together, they guided and instructed participants on storytelling for the AI era, equipping them with the fundamentals to produce impactful and high-quality stories ethically and efficiently. The week concluded with participants executing polished multiplatform projects that put their new skills into practice.
The five-day training week was the core of the program, simulating a realistic digital-first news environment with interactive workshops and masterclasses on mobile journalism, script writing, and AI-enabled workflows. The week concluded with participants executing polished multiplatform projects that showcased their new skills in practice.
Since launching in 2020, CNN Academy has partnered with creative, educational and media partners to combine CNN’s renowned global journalism expertise with academic excellence. The program continues to expand worldwide, offering dynamic learning experiences through a wealth of resources, in-person exercises, digital courses and expert-led workshops.
Alireza Hajihosseini, Director of CNN Academy and Deputy Bureau Chief of CNN’s Abu Dhabi production hub, said, “CNN Academy Tokyo reflects CNN’s ongoing commitment to equipping and empowering tomorrow’s journalists. Through virtual training and an in-person workshop in Tokyo, the program tapped into our experienced storytellers to prepare the next generation for multi-platform reporting in the age of AI. The participants were exceptional throughout the week, demonstrating the essential skills needed to connect with audiences everywhere.”
Natsumi Sasaki, Senior Director of Content Sales and Strategic Partnerships in Japan, CNN International Commercial, added, “Beyond extending CNN’s mission to bring exceptional journalism to the world, CNN Academy offers an innovative way for collaborating with academic and creative partners. With the great support of Sophia University, bringing this initiative to Tokyo marks an exciting step forward in nurturing emerging talent and strengthening CNN’s legacy of global reporting in one of the world’s most dynamic media capitals.”
For more information, please see academy.cnn.com
– Ends –
About CNN International
CNN’s portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms, reaching more than 379 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region, and Latin America and has a US presence that includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI’s non-news programming division. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is a Warner Bros. Discovery company.
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/cnn-academy-expands-to-japan-to-empower-future-multimedia-storytellers-302867543.html
SOURCE CNN International
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Industry Leaders Outline the Future of Energy Independence for European Business in The Economist Panel Ahead of IFA 2026
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Featuring EcoFlow Chief Strategy Officer Nick Chen alongside leaders from CEER, Elia Group, and Equinix, The Economist Panel “Flexible by Design: Energy Resilience for Business” explores how energy flexibility and smart technologies drive European industrial competitiveness
BERLIN, Sept. 2, 2026 /PRNewswire/ — As the explosive growth of AI data centers and electric vehicles pushes European power grids to their limit, energy resilience has rapidly shifted from a utility concern to a board-level imperative across the continent. Ahead of IFA Berlin 2026 (Sept. 4–8), The Economist Enterprise and EcoFlow today announced the broadcast release of the executive panel, “Flexible by design: energy resilience for business.”
The session brings together key leaders from energy regulation, grid operations, digital infrastructure, and manufacturing to tackle Europe’s most pressing commercial challenge: overcoming grid bottlenecks and unpredictable power costs.
Confronted with historic price volatility and years-long grid connection queues, EcoFlow is leveraging its footprint of over 10 million deployed devices and 5 million global users to power its expansion into the small business and enterprise sectors. By transferring its battle-tested consumer architecture—modular hardware, automated dynamic tariff optimization and AI software—EcoFlow is providing commercial operators with immediate, cost-effective energy independence.
“Small and medium businesses are facing the exact same energy volatility and high costs that residential consumers are dealing with,” said Nick Chen, Chief Strategy Officer for EcoFlow. “Through powering millions of homes worldwide, we learned that mass adoption of clean energy requires three things: extreme simplicity, modular scalability, and intelligent software automation. By taking our proven consumer technology foundation and software intelligence into the commercial market, we are giving businesses the tools they need to easily manage complex energy needs, lower operational expenses and ensure power resilience.”
Key Panel Insights
Energy Market Upheaval & Strategy: How fluctuating energy prices, grid bottlenecks, and periods of negative wholesale rates are reshaping corporate investment decisions and business growth across Europe.Building Cost-Effective Resilience: Practical approaches for enterprises to safeguard operations against power disruptions and price spikes without incurring excessive capital expenditure.Overcoming Grid Bottlenecks: How connection queues threaten industrial growth, and how flexible connection agreements and demand-response mechanisms offer immediate relief.Distributed Assets as Infrastructure: The role of small-scale distributed storage, solar, and energy-management software in working alongside transmission systems to balance supply and demand.The 2030 Outlook: How current regulatory adaptations and technological deployments will shape electricity market design and European competitiveness over the next decade.
Distinguished Panel Roster
Nick Chen – Chief of Strategy, EcoFlowBram Claeys – Secretary General, Council of European Energy Regulators (CEER)James Matthys-Donnadieu – Chief Customers, Markets & Systems Officer, Elia GroupEulalia Flo – Vice President, Growth & Emerging Markets, Europe, EquinixPhillip Cornell (Moderator) – Senior Advisor, Energy & Sustainability, Economist Enterprise
Watch On-Demand & Meet EcoFlow at IFA 2026
Watch the Session: Stream the complete panel discussion on-demand at The Economist Events Portal.Visit EcoFlow at IFA 2026: EcoFlow invites industry partners, media, and attendees to explore its latest residential and commercial energy ecosystems live at IFA Berlin 2026 from Sept. 4–8 at Messe Berlin (Hall 3.2).
About EcoFlow
Founded in 2017, EcoFlow is No. 1 in smart home energy storage solutions, empowering millions of users to take control of their energy at home and beyond. Our vision is to power a new world that is aspirational, technology-driven, and eco-friendly. Our mission from day one is to provide smart and ecofriendly energy solutions for individuals, families, and society at large. We are, were, and will continue to be a reliable and trusted energy companion for users around the world. For more information, visit https://www.ecoflow.com
View original content:https://www.prnewswire.co.uk/news-releases/industry-leaders-outline-the-future-of-energy-independence-for-european-business-in-the-economist-panel-ahead-of-ifa-2026-302867528.html
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