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LACI Announces Nearly $600 Million in New Commitments to Action at Road to 2028 Summit; Commitments will Improve Air Quality and Economic Opportunity Through Clean Energy, Transportation Electrification, and Sustainability Investments by the Time of the 2028 Games

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Co-Chaired by NBA All-Star and Entrepreneur Russell Westbrook, LACI’s Road to 2028 Summit Convened Olympic Athletes, Policymakers, Entertainment Industry Advocates, and Other Leaders Working to Ensure the 2028 Games Deliver a Legacy of Economic Investment, Green Jobs, and Cleaner Air Across Greater LA

Forthcoming LACI White Paper Will Show at Least $11 Billion Invested in EV Charging, Batteries, Heat Pumps and More across LA County since 2020

LOS ANGELES, July 17, 2026 /PRNewswire/ — This week, the Los Angeles Cleantech Incubator (LACI) announced nearly $600 million in new commitments to action to advance clean air, clean energy, clean transportation, and other sustainable solutions for the Greater Los Angeles region by the time of the 2028 Olympic and Paralympic Games. This Summit marks the second major convening in the Road to 2028 Summit Series, and follows the inaugural Summit of December 2025, which inspired $125 million in commitments to action for LA.

Inspired by LACI’s Road to 2028 and announced at the Road to 2028 Summit earlier this week, these commitments from key public and private sector leaders will advance the critical infrastructure and cleantech solutions necessary to help meet the needs of the 2028 Games and serve LA communities for decades to come. Moreover, the progress made on the Road to 2028 will be on full display when the world arrives for the Games, providing an opportunity to showcase the best of LA, California, and American leadership–all while helping to inspire global action.

“As the countdown to the 2028 Games continues, the investments we make over the next 18-24 months will determine the progress we can achieve by the time of and long after the 2028 Games,” said Matt Petersen, President and CEO of LACI. “Presented with a generational opportunity to drive sustainable progress, we must continue to commit to bold action now–and I’m grateful to see key public and private sector leaders from across the region coming together to accelerate the progress our region needs.”
 

“Being from LA, I want to be able to leave a legacy, not just on the court but to use that platform to be able to bring business and communities together–and there’s no better way to be doing that than through the 2028 Games,” said Russell Westbrook, NBA All-Star, Entrepreneur, and Road to 2028 Co-Chair. “I am proud to co-chair LACI’s Road to 2028 with Matt–together with our partners, we can help all Angelenos feel and see improvements in air quality and investments in our communities, in particular for our youth.”

“We are continuing to lead the way in sustainability by advancing our clean energy goals, installing more EV charging stations than ever before, and reimagining the way Angelenos think about public transportation,” said City of LA Mayor Karen Bass. “Together, with our private and community partners, we are making investments that will deliver environmental and economic benefits for Angelenos long after 2028.”

Hosted at Intuit Dome–the future home of 2028 Games basketball–the two-day Summit featured panels, presentations, and spotlight conversations from a wide range of regional and national figures, including policymakers, industry leaders, startup entrepreneurs, investors, Team USA athletes, advocates from the entertainment industry, startup founders, and community members.

“LADWP is investing now to strengthen reliability, expand clean energy, and make the progress our communities deserve,” said President of the Los Angeles Board of Water and Power Commissioners Allan Marks. “From modernizing aging infrastructure and implementing innovative technologies to accelerating EV charging, streamlining new connections and expanding drought‑resilient local water supplies, we’re taking action today to ensure that the benefits of these investments endure long after the Games.”

“Climate change is real and a big human issue, not a political one,” said Bea Kim, Olympic Snowboarder, Climate Advocate, and Greater LA Native. “While nowadays it is associated with a political point of view, it feels wrong not to bring attention to the issue.”

Nearly $600 Million in New Commitments to Action by 2028
LACI announced nearly $600 million in new commitments that will be deployed by the time the world arrives in 2028 by their partners and others. LACI is proud to announce the following commitments to action:

LA County committed to administering $280 million to accelerate the clean energy transition through two major regional initiatives:Backed by the California Legislature and California State Leadership, the County is on track to source over 75% of its electricity from zero-carbon energy by 2028.Adding 500 new EV chargers at County facilities by 2028, for a total of 2,500 chargers to serve County fleet vehicles.LADWP is investing $186 million to expand clean energy access, lower costs, and strengthen grid reliability for LA residents, including: a first-in-nation vehicle-to-grid (V2G) and storage-to-grid program; a low-income multifamily retrofit buildings program to reduce energy bills; and two incentive programs that increase solar access, and help low-income homeowners to install solar and battery storage.LAUSD committed to fully electrifying its yellow fleet, marking one of the largest school bus electrification initiatives in the U.S. By 2028, LAUSD will have electrified 25% of their bus operations, completing the purchase of 329 EV buses and 329 EV charging stations. In partnership with LAUSD and Highland Electric, LACI was recently awarded $2.93 million from the California Energy Commission to support this commitment.TreePeople committed to investing $50 million in green, living infrastructure–planting and stewarding 28,000 trees across Southern California by 2028, helping improve air quality and urban heat gain.Balance is working with the Dutch government’s National Climate Platform (NKP) to support their national athletes to reduce unavoidable impacts (e.g., air travel) by enhancing biodiversity, forests, and climate resilience, representing more than $28.5 million of annual investment, for an estimated total of $57 million by 2028.CSU Dominguez Hills committed to expanding existing and deploying new clean energy, clean transportation, and sustainable solution projects, including installing 200 EV chargers, increasing battery storage by 6MWh, and investing $1 million in facility energy efficiency retrofits. CSUDH is en route to becoming one of the first carbon-neutral universities in the U.S. over the next decade.Los Angeles Neighborhood Initiative (LANI) committed to expanding resident-led stormwater solutions that capture runoff, reduce flooding, and improve water quality in LA. LANI will invest over $2 million in creating an outdoor green space, planting 45 new shade trees and 28,378 square feet of groundcover and shrubs, building five green outdoor learning/play environments, and removing 29,131 square feet of asphalt.Archer Aviation is investing in electric aircraft charging infrastructure at 7 airports across Southern California. As the official air taxi provider of the 2028 Games, Archer plans to bring aircraft charging infrastructure online at its Los Angeles hub at Hawthorne Municipal Airport, along with Los Angeles International, Hollywood-Burbank, Van Nuys, Santa Monica, Long Beach, and John Wayne airports. Based on LACI estimates from USDOT data, similar investments averaged $1 million per facility.Liatris has committed to retrofitting existing homes in Southern California using thinner and more fire-resilient R-10 / inch building insulation–which performs two times better than traditional insulation and can result in up to 35 in HVAC energy savings. Liatris, a portfolio company of LACI partner organization Maryland Energy Innovation Accelerator, will invest $400,000 in the region, specifically targeting low-income households.

With just two years until LA hosts the Games, the Road to 2028 builds on the leadership of LACI’s unprecedented, public-private Transportation Electrification Partnership (TEP) and Clean Energy Partnership (CEP), both of which seek to advance bold 2028 targets, pilots, and policies that will enhance equity, create quality jobs, and grow the green economy in LA and beyond.

During the Summit, LACI President and CEO Matt Petersen also shared details around a forthcoming White Paper, Going for Gold on the Road to 2028. The White Paper will provide a snapshot of climate investment and policy leadership in LA and California, and notably finds that approximately $11 billion has moved from climate ambition into deployed clean transportation and clean energy infrastructure across Los Angeles County since 2020. 

Support for the Road to 2028 Summit was made possible in part by cornerstone-level sponsor Airbnb, platinum-level sponsor LADWP, gold-level sponsor Orrick, and a host of additional sponsors and partners. 

Media assets from the Summit are available here:

Video recordings of every Summit sessionPhoto selects from the SummitMatt Petersen’s Road to 2028 interview on the Energy Gang podcast

ABOUT LACI:
The Los Angeles Cleantech Incubator (LACI) is unlocking innovation by scaling cleantech startups, transforming markets through catalytic partnerships with policymakers, innovators, and market leaders, and enhancing communities through workforce training, pilots and other programs. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP) in 2011, LACI is recognized as one of the top 10 innovative business incubators in the world by UBI. LACI has helped 537 portfolio companies raise over $1.5 billion in funding, generated $477 million in revenue, and created more than 3,000 jobs throughout the Los Angeles region, with a long term economic impact of more than $733 million.

Contact:
Cameron Edinburgh
419037@email4pr.com
(213) 358-6500 Ext. 6623

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SOURCE LACI

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Jamie Knight Named Chief Studios Officer to Accelerate Studio Innovation and Growth

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September 21, 2026

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Knight to Build on the Global Studio Foundation Established by Jean Venneman, Who Will Retire After More Than 30 Years in Gaming

LAS VEGAS, Sept. 21, 2026 /PRNewswire/ — IGT announced today that, Jamie Knight will assume the role of Chief Studios Officer on Jan. 1, 2027, succeeding Jean Venneman, who will retire at the end of 2026 following more than 30 years in gaming. Knight will build on the strong foundation established under Venneman’s leadership and lead IGT’s continued studio investments, driving innovation across game design, content development and studio operations.

Knight brings two decades of experience across the industry’s largest suppliers, with deep expertise in translating creative vision into player-favorite content. Having begun her career as a creative, she understands the collaborative process required to transform original concepts into successful products, a perspective that will inform her leadership of studio operations.

Jean Venneman, who will retire on December 31, 2026, began her career at IGT in the early 1990s and went on to hold senior leadership roles across product development, licensing, technology and operations before rejoining IGT in 2024. Since returning, she has rebuilt the company’s global studio operations from the ground up. Under her leadership, she assembled and empowered a world-class studio team with more than 1,200 employees, established shared best practices across studio cultures and created the operational and creative foundation that positions IGT and Everi for accelerated growth.

“Jean’s leadership created the foundation for this next phase of growth,” said Hector Fernandez, IGT CEO. “She brought together talented teams, strengthened how our studios operate and raised the bar for creative and operational excellence. We are deeply grateful for everything she has contributed to our organization and our industry. Jamie’s combination of creative instinct, studio leadership and focus on innovation in design and math will build on that momentum and unlock new possibilities across our combined studio organization.”

As Chief Studios Officer, Knight will establish clear priorities for studio teams, drive innovation in game mechanics and mathematical modeling, and create an environment where creative talent can do exceptional work. Her vision centers on delivering the most dynamic and engaging content that meets the evolving demands of players and operators globally.

“I’m energized to lead our studio teams and build on the strong foundation in place,” said Jamie Knight, incoming Chief Studios Officer. “Together with our talented teams across IGT and Everi, we’ll push the boundaries of what’s possible in game design, content strategy, and math innovation to deliver world-class experiences on the floor.”

“Returning to this organization and helping strengthen our global studio organization has been a meaningful way to close my career,” said Jean Venneman, Chief Studios Officer. “I am incredibly proud of our studio teams and the foundation we have created. I am confident Jamie will carry that momentum forward and help unlock the next phase of our growth.”

For more information, follow IGT on Facebook and LinkedIn or watch IGT videos on YouTube.

About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings Inc. IGT and Everi’s offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, the organization drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.

Contact:
Phil O’Shaughnessy, Global Communications
Toll free in U.S./Canada +1 (844) IGT-7452
Outside U.S./Canada +1 (775) 448-0257

© 2026 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

View original content to download multimedia:https://www.prnewswire.com/news-releases/jamie-knight-named-chief-studios-officer-to-accelerate-studio-innovation-and-growth-302884034.html

SOURCE IGT

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Lysander Announces Cash Distributions for the Lysander-Canso ActivETFs

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September 21, 2026

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TORONTO, Sept. 21, 2026 /CNW/ — Lysander Funds Limited (“Lysander”) announces the September 2026 cash distributions for each of Lysander-Canso Corporate Treasury ActivETF, Lysander-Canso Floating Rate ActivETF and Lysander-Canso Credit Income ActivETF (TSX: LYCT) (TSX: LYFR) and (TSX: PBY) respectively (each, an “ETF” and collectively, the “ETFs”). Unitholders of record of each ETF at the close of business on the Distribution Record Date will receive a cash distribution based on the number of units held in the amount indicated below, payable on or before the Payment Date.

ETF

Distribution per unit

Distribution Record Date

Payment Date

Lysander-Canso Corporate Treasury ActivETF

$0.0128

September 29, 2026

October 13, 2026

Lysander-Canso Floating Rate ActivETF

$0.0193

September 29, 2026

October 13, 2026

Lysander-Canso Credit Income ActivETF

$0.0417

September 29, 2026

October 13, 2026

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. 

®Lysander Funds is a registered trademark of Lysander Funds Limited.

SOURCE Lysander Funds Limited

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DAXIO Sets Three-Year Public-Market Pathway Towards a $1 Billion Valuation

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September 21, 2026

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Founder-owned trade show and commercial-technology company combines 12 specialist US events, proprietary DealConnect technology, $35.7 million in annual commercial capacity and a high-margin AI-powered operating model

WEST PALM BEACH, Fla., Sept. 21, 2026 /PRNewswire-PRWeb/ — DAXIO today set out its three-year pathway towards a public-market listing and a $1 billion enterprise valuation.

“With 12 specialist events, proprietary DealConnect technology and $35.7 million in annual commercial capacity, DAXIO has a defined three-year pathway to a $1 billion valuation and public-market listing.” — Dawn Barclay-Ross, Founder and Chief Executive, DAXIO

Founded and wholly owned by international trade show organizer Dawn Barclay-Ross, DAXIO has established a portfolio of 12 specialist US events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and a portfolio-wide AI operating system.

The portfolio contains approximately $35.7 million in maximum annual commercial inventory capacity: $32.2 million in stand inventory and $3.54 million in sponsorship, advertising and Thought Leadership opportunities.

At 35%, 60% and 85% inventory realization, annual portfolio revenues are approximately $12.5 million, $21.4 million and $30.4 million respectively.

DAXIO’s current cost model indicates the potential for portfolio contribution margins above 90% at scale, reflecting its AI-powered infrastructure, centralized technology and capital-efficient operating structure.

“The next billion-dollar exhibition business will not resemble the last generation of exhibition groups,” said Barclay-Ross, Founder and Chief Executive of DAXIO.

“It will combine deep industry expertise with proprietary technology, intelligent automation and disciplined commercial execution. It will be faster, leaner and more accountable for the business value created at every event. That is DAXIO.”

Twelve events. One scalable commercial platform.

DAXIO’s 2027 portfolio comprises InfraBuild, PowerXpo, EnerWasteXpo, AgriTechXpo, BioGenomic Health Expo, Advanced Medical Device Show, NextGen MedTech Xpo, InsureCap, SmartMfg, AerospaceXpo, DefenseXpo and TalentTech.

Together, the events establish DAXIO across infrastructure, energy, environmental services, agriculture, healthcare, medical technology, insurance, manufacturing, aerospace, defense and workforce technology.

The portfolio has capacity for up to 5,856 stand-equivalent positions across the full commercially deployable event footprint.

Its multi-sector structure creates diversified revenue opportunities through stand sales, sponsorship, advertising, Thought Leadership, commercial partnerships and technology.

DealConnect moves the model beyond networking

DAXIO’s principal technology asset is DealConnect, created by Barclay-Ross to move business-event matchmaking beyond profile-swiping, unqualified introductions and chance encounters.

DealConnect assesses more than 500 data points across capability, compliance and financial dimensions to identify stronger-fit commercial opportunities during DAXIO events.

It operates alongside DAXIO’s qualified Hosted Buyer programmes. Approved buyers with purchasing responsibility and confirmed budgets may receive flights and hotel accommodation in return for agreeing to attend scheduled meetings with exhibitors during the event.

“Attendance is not the commercial outcome,” Barclay-Ross said. “The outcome is whether the right organizations meet, whether the opportunity is credible and whether that conversation can progress into business. DealConnect is designed around that standard.”

A three-year pathway to public markets

DAXIO’s public-market pathway is structured around five measurable drivers:

Converting revenue across the existing 12-event portfolioExtending the portfolio into further specialist and international marketsEstablishing recurring commercial revenues through DealConnectPreserving high margins through AI-powered executionAchieving institutional standards of governance, reporting and financial control 

Barclay-Ross has applied 25 years of international trade show and business-development experience to create an integrated exhibitions and commercial-technology company without the inherited cost base of a conventional exhibition group.

DAXIO is wholly founder-owned and independent of private-equity ownership, institutional exhibition groups and external corporate control.

“The first 12 events give DAXIO significant commercial scale. DealConnect creates proprietary technology value. Our AI operating system provides the execution capacity to operate across multiple specialist markets while protecting margin,” Barclay-Ross said.

“The pathway is already defined: convert the existing inventory, extend the portfolio, establish recurring technology income and enter the public markets as a high-growth exhibitions and commercial-technology company.

“The platform exists. The commercial capacity is quantified. The margin model is compelling. The route is repeatable. DAXIO’s pathway to a $1 billion valuation is underway.”

Strategic capital window closes September 25

DAXIO’s current $200,000 strategic-capital participation window closes on Friday, September 25, 2026.

The capital will be deployed directly into revenue-generating activity across the existing portfolio, including exhibitor and sponsor acquisition, qualified-buyer development, commercial marketing, technology deployment and sales execution.

The current financing provides a time-limited opportunity for eligible investors to participate at the beginning of DAXIO’s three-year public-market pathway.

Confidential company and investment information is available to eligible investors and professional advisers directly from DAXIO.

About DAXIO

DAXIO is a founder-owned, independent trade show and commercial-technology company headquartered in Florida.

Its portfolio comprises 12 specialist US business events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and an AI-powered operating infrastructure.

DAXIO is executing a three-year pathway towards a $1 billion enterprise valuation and public-market listing.

Media and investor enquiries

Dawn Barclay-Ross
Founder and Chief Executive
DAXIO
dawn@infrabuildXpo.com
+1 561 785 3120

Media Contact

Dawn Barclay-Ross, Capital Connect International Events Inc dba DAXIO, 1 5617853120, dawn@capitalconnectevents.com, https://www.infrabuildxpo.com/

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SOURCE Capital Connect International Events Inc dba DAXIO

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