FRAMINGHAM, Mass.--(BUSINESS WIRE)--#efficiency--Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, today announced that members of its management team will attend the following investor conferences:
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.
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HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it will participate in the Bank of America 2020 Virtual Global Energy Conference on Wednesday, November 11, 2020.
Any investor presentation provided during the virtual conference will be publicly available and may be accessed on the “For the Investor” page of Helix’s website, www.HelixESG.com.
About Helix
Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. For more information about Helix, please visit our website at www.HelixESG.com.
Erik Staffeldt
Executive Vice President & CFO
281-618-0465
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New solution enables forecourt and backcourt mobile payment options for c-store customers
ATLANTA--(BUSINESS WIRE)--PDI (www.pdisoftware.com), a global provider of ERP, fuel pricing, supply chain logistics, and marketing cloud solutions for the convenience retail and petroleum wholesale industries, today announced they are working with NCR Corporation to provide a mobile payment solution to convenience retailers.
Touch-free payment is becoming the preferred method for consumers during the COVID-19 outbreak. This integration allows convenience retailers with the latest NCR point-of-sale (POS) to use PDI’s mobile payment capabilities for payment methods such as Visa, Mastercard, Venmo, PayPal, or ACH. PDI recently added payments to its Marketing Cloud Solutions offering after acquiring ZipLine, the industry leader for ACH payment and provider of mobile payment technology. The new solution can be used to process mobile payments inside a convenience store or at the pump.
“PDI has a history of providing fit-for-purpose solutions that enable convenience retailers to deliver better experiences for their customers,” said Brian Jefferson, senior vice president and general manager, Retail, Marketing Cloud Solutions at PDI. “Our partnership with NCR is another important milestone as we continue to offer convenient and safe ways for consumers to fuel up and shop during this time.”
About PDI
Professional Datasolutions, Inc. (PDI) helps convenience retailers and petroleum wholesalers thrive through digital transformation and enterprise software that enables them to grow topline revenue, optimize operations and unify their business across the entire value chain. Over 1,500 customers in more than 200,000 locations worldwide count on our leading ERP, logistics, fuel pricing and marketing cloud solutions to provide insights that increase volume, margin and customer loyalty. PDI owns and operates the Fuel Rewards® loyalty program that is consistently ranked as a top-performing fuel savings program year after year. For more than 35 years, our comprehensive suite of solutions and unmatched expertise have helped customers of any size reimagine their enterprise and deliver exceptional customer experiences. For more information about PDI, visit www.pdisoftware.com.
Cederick Johnson, PDI
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LONDON--(BUSINESS WIRE)--#GasTurbinesMarketforPowerIndustry--The new gas turbines market for power industry research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads.
Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the gas turbines market for power industry. Download free report sample
"One of the primary growth drivers for this market is the increase in CCGT power plants,” says a senior analyst for the Industrials industry at Technavio. "The demand for combined-cycle gas turbines for power plants is on the rise due to increased efficiency and better output. Also, the introduction of the US government’s Clean Power Plan will further propagate a shift from simple-cycle to combined-cycle plants, which have lower carbon dioxide (CO2) emissions. This is because meeting the new performance standards for CO2 emissions will be difficult with simple cycle plants. Many upcoming projects for the construction of power plants have propelled the demand for CCGT. As the markets recover Technavio expects the gas turbines market for power industry size to grow by USD 1.65 billion during the period 2020-2024."
Gas Turbines Market for Power Industry Segment Highlights for 2020
Regional Analysis
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Program Will Integrate Detect™ 1000 With X-ray Diffraction Technology
BOXBOROUGH, Mass.--(BUSINESS WIRE)--#IDSS--Integrated Defense and Security Solutions (IDSS) has been awarded the first phase of a contract in support of the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) to integrate its award-winning DETECT™ 1000 computed tomography (CT) scanner with Halo X-ray Technologies, Ltd.’s X-ray Diffraction (XRD) technology, which is intended to enhance detection capability and reduce false alarm rates of airport and narcotics checkpoint scanning systems. This enhancement has the potential to benefit both passengers and Transportation Security Officers (TSOs), providing for quicker returns of bags while reducing the potential need for hand searches, an essential safety measure to minimize exposure to COVID-19.
This integration will, if successful, also create important new enhancements for screening narcotics in international mail. As the winner of the DHS Opioid Challenge – a collaborative effort with the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) and U.S. Customs and Border Protection (CBP), the United States Postal Inspection Service (USPIS) and the Office of National Drug Control Policy (ONDCP) – IDSS is currently collaborating with CBP for the development of Artificial Intelligence (AI) algorithms to detect narcotics in international mail using the DETECT™ 1000 and XRD integrated system. The addition of X-ray Diffraction technology to the CBP mail inspection process has the potential to aid in the prompt resolution of false alarms, increasing the number of possible packages that may be scanned each day while reducing labor costs associated with manual inspections.
“IDSS thanks S&T for the opportunity to further develop the detection and image resolution capability of the DETECT™ 1000 and for the opportunity to work on this important forward-thinking program,” said Jeffrey Hamel, CEO of IDSS. He continued, “Through the integration of technologies from two Opioid Detection Challenge finalists, IDSS and its partner Halo X-ray Technologies, Ltd will demonstrate the efficiencies that a certified CT system combined with XRD will bring to airport screening operations and CBP mail inspection.”
Simon Godber, CEO of HALO X-ray Technologies Ltd said, “We are grateful to S&T for their additional funding of our X-ray Diffraction technology and look forward to our partnership with IDSS on this potentially game-changing screening solution, that may dramatically improve passenger wait times at checkpoints and increase efficiency of the passenger screening process.”
Integrated Defense and Security Solutions is a small business security technology manufacturer based in Boxborough, Massachusetts. The company was founded in 2012 by a team of security experts with the goal of developing security solutions to address current and future threats to aviation. The DETECT™ 1000 has received certification by the Transportation Security Administration (TSA) and the European Civil Aviation Conference (ECAC) for explosives detection.
Sissy Pressnell, IDSS
202-365-2476
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SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that Brad Barron, President and Chief Executive Officer; Tom Shoaf, Executive Vice President and Chief Financial Officer; Danny Oliver, Executive Vice President of Business Development & Engineering; Amy Perry, Executive Vice President of Strategic Development; Pam Schmidt, Vice President of Investor Relations, and other members of management will participate in virtual meetings with members of the investment community at the BofA Securities 2020 Virtual Global Energy Conference on Wednesday, November 11, 2020. The materials to be discussed in the meetings will be available on the partnership’s website at 10:00 a.m. Eastern Time, Wednesday, November 11, 2020.
NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 10,000 miles of pipeline and 75 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids. The partnership’s combined system has approximately 75 million barrels of storage capacity, and the partnership has operations in the United States, Canada and Mexico. For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com.
NuStar Energy, L.P., San Antonio
Investors, Tim Delagarza, Manager, Investor Relations
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NEW YORK & SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Blackstone (NYSE: BX) announced that private equity funds managed by Blackstone Energy Partners have entered into a definitive agreement to acquire Therma Holdings LLC (“Therma”), a portfolio company of Gemspring Capital. The acquisition of Therma continues Blackstone’s support for the transition to cleaner, affordable energy.
Therma is a leading specialty mechanical, electrical and controls services company focused on designing, building, and servicing complex systems in mission-critical facilities. Therma’s 2,200 professionals and engineers deliver services that are core to improving and maintaining energy efficiency for leading companies across the technology, life sciences, healthcare and data center sectors.
Private equity funds managed by Blackstone Energy Partners are also acquiring RE Tech Advisors, Inc. (“RE Tech”), a leading energy and sustainability consulting firm. RE Tech will be integrated into Therma and the combined company will offer customers a comprehensive suite of sustainability, carbon reduction, and energy management services. RE Tech designs, administers, and tracks award-winning energy efficiency and environmental, social and governance (ESG) programs for clients – which include leading real estate investors, owners, and governments. In total, their 45+ professionals have delivered more than $200 million of utility cost reductions by implementing approximately 10,000 energy efficiency measures across 3,000+ assets. RE Tech has been working with Blackstone on portfolio company projects since 2014.
We believe an increased focus on and demand for energy efficiency and improved indoor air quality in the coming years should lead to new growth opportunities for Therma. Therma will also have the potential to help Blackstone portfolio companies meet their emissions reduction targets. Blackstone recently expanded its existing environmental sustainability efforts by setting a goal of 15% carbon emissions reduction across all new investments where it controls energy usage.
Commenting on the transaction, Bilal Khan, Senior Managing Director at Blackstone said: “We are strong believers in the continued growth of technology, healthcare and data center end-markets and look forward to partnering with the Therma and RE Tech teams on growing the business and solving the complex energy efficiency needs at mission-critical facilities across the US.”
Jeff Sprau, CEO of Therma, said “Our entire leadership team is thrilled to have the opportunity to partner with Blackstone to continue growing the Therma platform. In collaboration with Blackstone and RE Tech, we will continue providing superior service, design, and installation solutions while growing our geographic presence and expanding our offerings.”
Deb Cloutier, Founder & President of RE Tech, said: “We look forward to deepening our partnership with Blackstone as we drive progress toward its energy emissions reduction targets. Together with Therma, we’ll be in a strong position to expand our services and deliver innovative, cost-effective, and impactful energy efficiency programs to new and existing clients.”
David Foley, Global Head of Blackstone Energy Partners said: “Blackstone Energy Partners has been supporting the transition to cleaner, affordable energy through investments in critical energy infrastructure, renewable power generation, battery storage and the electric transmission grid. We also see opportunities to help companies become more efficient – consuming less energy and generating less carbon dioxide while not compromising productivity, safety and comfort. Therma and RE Tech are doing just that and can help Blackstone achieve its own recently announced goal of reducing emissions.”
Completion of the transaction, which is expected to occur in the fourth quarter of 2020, is subject to regulatory approvals and customary closing conditions.
Guggenheim Securities acted as financial advisor to Blackstone Energy Partners, while Kirkland & Ellis acted as legal advisor. Jefferies Financial Group and Lincoln International are serving as financial advisors and McDermott Will & Emery LLP is serving as legal counsel to Therma.
About Blackstone Energy Partners
Blackstone Energy Partners is Blackstone’s energy-focused private equity business, a leading energy investor with a successful long-term record, having invested over $17 billion of equity globally across a broad range of sectors within the energy industry. Our investment philosophy is based on backing exceptional management teams with flexible capital to provide solutions that help energy companies grow and improve performance, thereby delivering cleaner, more reliable and affordable energy to meet the needs of the global community. In the process, we build stronger, larger scale enterprises, create jobs and generate lasting value for our investors, employees and all stakeholders.
About Therma Holdings LLC
Therma Holdings LLC is a leading mechanical, electrical and plumbing services company focused on designing, building, and servicing custom and complex mechanical systems. Therma provides engineering, estimation, design, building information modeling, energy modeling, design-build, specialty HVAC and pipe fabrication, modular skid and process controls, pre-fabrication and installation work for owners, general contractors, and construction managers in the technology, biopharmaceutical, data center, semiconductor and other industries with complex mechanical requirements. For more information, please visit www.thermaholdings.com.
About RE Tech Advisors, Inc.
RE Tech Advisors provides advisory services to global real estate owners and investors to help them improve performance in a rapidly changing world. Operating at the intersection of sustainability, technology, and buildings, RE Tech’s seasoned professionals have decades of experience improving the operational and financial performance of real asset portfolios with over $1 trillion of assets under management. RE Tech services include program design and implementation, energy auditing, data analytics, climate change and carbon solutions, regulatory compliance, and marketing and communications. RE Tech also authored and helps run some of the world’s largest public-private partnerships, including ENERGY STAR and the Better Buildings Initiative.
Kate Holderness
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LONDON--(BUSINESS WIRE)--#GlobalOilandGasStorageValvesMarket--Technavio has been monitoring the oil and gas storage valves market and it is poised to grow by USD 130.53 million during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the oil and gas storage valves market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AVK Holding AS, Baker Hughes Co., Curtiss-Wright Corp., Emerson Electric Co., Flowserve Corp., Honeywell International Inc., Schlumberger Ltd., TechnipFMC Plc, The Weir Group Plc, and Wärtsilä Corp. are some of the major market participants. Although the increasing mandates for SPRs will offer immense growth opportunities, corrosion in storage tank valves is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this oil and gas storage valves market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Oil and Gas Storage Valves Market 2020-2024: Segmentation
Oil and Gas Storage Valves Market is segmented as below:
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Oil and Gas Storage Valves Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The oil and gas storage valves market report covers the following areas:
This study identifies the growing demand for natural gas as one of the prime reasons driving the Oil and Gas Storage Valves Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Oil and Gas Storage Valves Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Can Established and Start-Up Auto Makers Catch Up?
BOSTON--(BUSINESS WIRE)--Tesla’s market capital is now challenging the largest established auto groups, Volkswagen and Toyota. The latest report “OEM Hybrid and Electric Vehicle Strategies: Tesla Technology Leads; SPACs and Electric Vans Help Start-Ups,” from the Strategy Analytics Powertrain, Body, Safety & Chassis Service (PBCS) service, finds that this financial strength is coupled with technical prowess that leverages an established lead in EV (electric vehicle) development and is being enhanced by continued advancements in battery technology.
2020 has seen Tesla’s market capitalization growth help establish the company as the world’s largest automaker even while only serving up 367,500 vehicles, compared to second place Toyota’s sales of 10.7M vehicles. An expanding product portfolio, new assembly plants and its strategy in lowering battery cost and raising efficiency in its vehicles is helping Tesla to maintain a lead in the battery electric vehicle sector with the company’s SiC (silicon carbide) – based powertrain electronics augmented by advances in battery technology as demonstrated during the company’s Battery Day presentation in September 2020, which previewed its tabless, 4680 large format battery cell. The associated dry-coated electrode technology enables a seven-fold increase in production capacity from the same effort in existing battery cells, thus raising economies of scale even further.
“Efficiency is a key element in Tesla’s success, helping to extend driving range and making Tesla’s offerings more desirable to the consumer from a practical standpoint. These efficiencies can also reduce battery requirements allowing Tesla to be remain cost competitive,” says Kevin Mak, principal analyst in the Global Automotive Practice (GAP). “Only the Hyundai Ioniq and the Lucid Air come close to their equivalents at Tesla in efficiency. Most rivals typically lack faster switching, higher efficiency SiC-based power electronics, while we see Chinese start-ups lacking the requisite electric motor technology expertise to compete with Tesla.”
Strategy Analytics “OEM Hybrid and Electric Vehicle Strategies: Tesla Technology Leads; SPACs and Electric Vans Help Start-Ups” report provides a comprehensive review of OEM strategies in the increasingly important electrified vehicle segment, as well as discussing some of the key technology areas including battery technology, electric motors, charging infrastructure and power electronics, that will drive hybrid and battery electric vehicles into the mainstream.
About Strategy Analytics
Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.
Source: Strategy Analytics, Inc.
#SA_Automotive
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LONDON--(BUSINESS WIRE)--#BatteryAnalyzersMarket--Technavio has been monitoring the battery analyzers market and it is poised to grow by USD 15.17 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download Latest Free Sample Report on COVID-19 Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ACT Meters (UK) Ltd. , Cadex Electronics Inc., Eagle Eye Power Solutions LLC, Fluke Corp., Kussmaul Electronics Co. Inc., Maccor Inc., Meco Instruments Pvt. Ltd., Midtronics Inc., PulseTech Products Corp., and Robert Bosch GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growing demand for power backup solutions has been instrumental in driving the growth of the market. However, Intense competition among existing players might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts
Battery Analyzers Market 2020-2024: Segmentation
Battery Analyzers Market is segmented as below:
Battery Analyzers Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The battery analyzers market report covers the following areas:
This study identifies the growing demand for power backup solutions as one of the prime reasons driving the Battery Analyzers Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Battery Analyzers Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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DUBAI, United Arab Emirates--(BUSINESS WIRE)--Dubai Electricity and Water Authority (DEWA) organised the Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show virtually from 26-28 October 2020. The 3D carbon-neutral exhibition attracted 1,076 exhibitors from 52 countries, and 63,058 visitors from around the world. This is the largest number of visitors in the exhibition’s history of 22 years.
HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, Founder and Chairman of WETEX and Dubai Solar Show, was pleased with the exhibition’s success.
“As per the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform challenges into opportunities, we organised the exhibition this year on a 3D virtual platform. It has achieved great success, especially as the innovative platform provided an exceptional experience for exhibitors and visitors from around the world. The exhibition reflects Dubai’s commitment to supporting global efforts to increase the share of renewable energy and achieve the environmental, social and economic aspects of sustainability, as well as supporting the Dubai Clean Energy Strategy 2050, to make Dubai a global hub for clean energy and green economy,” said Al Tayer.
WETEX and Dubai Solar Show is the largest exhibition for water, energy, sustainability and innovation in the region and one of the largest specialised exhibitions worldwide. The event has proven its international status as an integrated platform for energy, water and environmental companies to promote their innovative products, services and technologies; and to meet decision-makers, investors, buyers and visitors from around the world to close deals and build partnerships, and to review the latest technologies and developments in these major sectors. The exhibition also provides an opportunity to identify market needs, current and future projects and opportunities in solar power projects in the region.
102 seminars and discussion panels
In collaboration with experts and specialists from leading local and international companies in the energy, water, technology, sustainability and environment sectors, DEWA organised 102 seminars during WETEX and Dubai Solar Show 2020. These seminars attracted a large number of participants from all over the world.
*Source: AETOSWire
DEWA
Khuloud Al Ali, +971563974965
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Shaikha Almheiri, +971552288228
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Mohammad Almheiri, +971552725291
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LEAWOOD, KS--(BUSINESS WIRE)--Tortoise Essential Assets Income Term Fund (NYSE: TEAF) provides an update on the fund’s direct investments, portfolio asset allocation, structure types and impact statistics as of October 31, 2020 on the company website here. Updates will continue to be posted on a monthly basis until the fund reaches its target of 60% direct investments.
In addition, on a monthly basis, details on each private deal that has taken place over the prior month will be published here. The list includes all deals completed since the fund’s inception through October 31, 2020.
About Tortoise Essential Assets Income Term Fund
TEAF is managed with a long-term focus on essential assets through public and direct investments across social infrastructure, sustainable infrastructure and energy infrastructure. These assets tend to be uncorrelated assets that have attractive potential for high total return with an emphasis on current income as well as a relatively inelastic demand profile.
About Tortoise
Tortoise focuses on energy infrastructure and the transition to cleaner energy. Tortoise’s solid track record of energy value chain investment experience and research dates back more than 20 years. As one of the earliest investors in midstream energy, Tortoise believes is well-positioned to be at the forefront of the global energy evolution that is underway. With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities. To learn more, please visit www.TortoiseEcofin.com.
Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Essential Assets Income Term Fund. Ecofin Advisors Limited is a sub-adviser to Tortoise Essential Assets Income Term Fund.
Safe harbor statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the fund and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the fund and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.
Maggie Zastrow
(913) 981-1020
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Shape strategic responses through the phases of industry recovery
Baker Hughes Co., Berkshire Hathaway Inc., and Cabot Microelectronics Corp. will emerge as major drag reducing agent market participants during 2020-2024
LONDON--(BUSINESS WIRE)--#DragReducingAgentMarket20202024--The drag reducing agent market is expected to grow by USD 63.33 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the drag reducing agent market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19
The drag reducing agent market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
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Major Three Drag Reducing Agent Market Participants:
Baker Hughes Co.
Baker Hughes Co. operates its business through segments such as Oilfield Services, Oilfield Equipment, Turbomachinery & Process Solutions, and Digital Solutions. The company offers FLO drag reducing agents to decrease frictional pressure loss to throughput and debottleneck pipelines restricted by operating pressure limits.
Berkshire Hathaway Inc.
Berkshire Hathaway Inc. operates its business through segments such as Manufacturing, McLane Company, Service and Retail, BNSF, and Berkshire Hathaway Energy. The company offers a line of flow improver products such as LiquidPower, ExtremePower, and RefinedPower through its subsidiary LiquidPower Specialty Products Inc., to reduce frictional pressure loss during fluid flow in a pipeline.
Cabot Microelectronics Corp.
Cabot Microelectronics Corp. operates its business through segments such as Electronic Materials and Performance Materials. The company offers a line of products such as TURBOFLO that reduce turbulence and frictional pressure losses in the pipeline networks, through its subsidiary Flowchem LLC.
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Drag Reducing Agent Market 2020-2024: Segmentation
Drag reducing agent market is segmented as below:
The drag reducing agent market is driven by increasing applications in the oil and gas industry. In addition, other factors such as Friction resistance and other excellent properties are expected to trigger the drag reducing agent market toward witnessing a CAGR of over about 5% during the forecast period.
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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LONDON--(BUSINESS WIRE)--#GlobalOilandGasConductorPipeMarket--Technavio has been monitoring the oil and gas conductor pipe market and it is poised to grow by USD 166.27 million during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the oil and gas conductor pipe market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Cenergy Holdings SA, Essar Steel India Ltd., HANNON HYDRUALICS LLC, JFE Holdings Inc., Mertex UK Ltd., Nippon Steel Corp., PAO TMK, Schlumberger Ltd., Sumitomo Corp., and Tenaris SA are some of the major market participants. Although the increase in global rig count will offer immense growth opportunities, increasing adoption of renewable energy is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this oil and gas conductor pipe market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Oil and Gas Conductor Pipe Market 2020-2024: Segmentation
Oil and Gas Conductor Pipe Market is segmented as below:
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Oil and Gas Conductor Pipe Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The oil and gas conductor pipe market report covers the following areas:
This study identifies rise in deepwater and ultra-deepwater projects as one of the prime reasons driving the Oil and Gas Conductor Pipe Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Oil and Gas Conductor Pipe Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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LONDON--(BUSINESS WIRE)--#digitaltwin--The global digital twins for industrial facilities market will grow from $787 million in 2020 to $27.6 billion in 2040 according to a new study from independent research firm Verdantix. The forecasted compound annual growth rate of 19.5% will be driven by operational excellence strategies, enterprise risk initiatives, and cost-cutting programmes. Vendors positioned to benefit from this growth include digital twin solution providers such as Autodesk, Bentley Systems, Cognite, DNV GL, GE Digital, and Siemens as well as services firms like Arcadis, Golder, Kongsberg Digital, and Worley.
“As expected, concerns around the COVID-19 pandemic have accelerated implementation of remote working solutions.” commented Sebastian Winter, Verdantix Industry Analyst. “Digital twins for industrial facilities provide the basis of a number of remote working use cases that help with business continuity as well as safety of operations, such as remote communication between managers and frontline workers using 3D simulations and giving frontline workers better access to granular asset and equipment data.”
The Verdantix report, Market Size And Forecast: Digital Twins For Industrial Facilities 2020 - 2040, provides digital twin solution providers, systems integration services firms, and financial investors with the information they need to take advantage of the market opportunity. The model breaks down market size and forecast trends across 16 industry segments specified by asset classes and 10 geographic regions. In 2020, Infrastructure accounts for 17% of the market with spend of $130m, onshore oil and gas production accounts for 12% of the market with spend of $91m, while manufacturing plants will hit $85 million and Power generation: fossil fuels will hit $42 million.
“The 20-year CAGR of 19.5% reflects two periods growth” continued Winter. “In the next 10-years the market will reach $6.5 billion following current trends. Then from 2030 to 2040 market growth will explode making total spend reach $27.6 billion in 2040, as widespread adoption of the underlying technologies required for more sophisticated twins – enterprise asset management software, APM software, and IoT platforms, to name a few – gathers pace. This in turn significantly drives an increase in spend per customer, creating a second era of growth for the market.”
Register for our webinar on November 18 to get a full overview of the digital twins for industrial facilities market.
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VIRTUAL SESSION
HOUSTON--(BUSINESS WIRE)--Pursuant to Texas Governor Abbott’s action of March 16, 2020 to allow virtual and telephonic open meetings to maintain government transparency the Port Commission of the Port of Houston Authority will meet in a special session for a Budget Workshop on Tuesday, Nov. 10. The virtual meeting will start at 9:15 a.m. via Webex webinar.
The Port Commission Pension & Benefits Committee meeting will begin once the budget workshop has adjourned.
The Executive Office Building is closed to the general public; however, the public can participate in the meetings virtually via Webex, which can be accessed as provided on the following pages. Sign up for public comment is available up to an hour prior to the meeting by contacting Erik Eriksson at This email address is being protected from spambots. You need JavaScript enabled to view it. or Liana Christian at This email address is being protected from spambots. You need JavaScript enabled to view it..
Meeting agendas are available at http://porthouston.com/leadership/public-meetings/.
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals of the greater Port of Houston – the nation’s largest port for the foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. nation. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6% of Texas’ total gross domestic product (GDP) – and total of $801.9 billion in economic impact across the nation. For more information, visit the website at https://porthouston.com/
The Executive Office Building is closed to the general public at this time.
The safety and security of the Port of Houston Authority’s visitors and employees is our first priority. Guests entering the Port Authority Executive Building must show a valid government-issued photo ID, and may be required to pass through security screening, including the use of a hand-held metal detector and other measures as deemed necessary. Visit: http://porthouston.com/portweb/port-security/.
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MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) today issued its third-quarter 2020 financial update presentation.
The update is available on MGE Energy's website at:
About MGE Energy
MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties. MGE Energy's assets total approximately $2 billion, and its 2019 revenues were approximately $569 million.
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LONDON--(BUSINESS WIRE)--#GlobalLinerHangerSystemsMarket--Technavio has been monitoring the liner hanger systems market and it is poised to grow by USD 223.93 million during 2020-2024, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the liner hanger systems market. The market growth in 2020 is likely to decrease compared to market growth in 2019.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allamon Tool Company Inc., Baker Hughes Co., DEW Wartungs und Reparatur GmbH, Dril-Quip Inc., Halliburton Co., Innovex Downhole Solutions Inc., National Oilwell Varco Inc., Packers Plus Energy Services Inc., Schlumberger Ltd., and Weatherford International Plc are some of the major market participants. Although the global growth in liquid fuel consumption will offer immense growth opportunities, cessation of World Bank funding for E&P activities is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this liner hanger systems market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Liner Hanger Systems Market 2020-2024: Segmentation
Liner Hanger Systems Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43939
Liner Hanger Systems Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The liner hanger systems market report covers the following areas:
This study identifies the increase in oil and gas E&P activities as one of the prime reasons driving the Liner Hanger Systems Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Liner Hanger Systems Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Media & Marketing Executive
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UK: +44 203 893 3200
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Website: www.technavio.com/
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that Scott Rowe, president and chief executive officer, will present virtually at the Baird 2020 Global Industrial Conference on November 10, 2020, at 12:15-12:45 p.m. EST.
A webcast of Mr. Rowe’s presentation will be available for shareholders and other interested parties at www.flowserve.com under the “Investor Relations” section.
About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.
Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.
The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the following: the impact of the global outbreak of COVID-19 on our business and operations; a portion of our bookings may not lead to completed sales, and our ability to convert bookings into revenues at acceptable profit margins; changes in global economic conditions and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our dependence on our customers’ ability to make required capital investment and maintenance expenditures; if we are not able to successfully execute and realize the expected financial benefits from our strategic transformation and realignment initiatives, our business could be adversely affected; risks associated with cost overruns on fixed-fee projects and in taking customer orders for large complex custom engineered products; the substantial dependence of our sales on the success of the oil and gas, chemical, power generation and water management industries; the adverse impact of volatile raw materials prices on our products and operating margins; economic, political and other risks associated with our international operations, including military actions, trade embargoes, epidemics or pandemics or changes to tariffs or trade agreements that could affect customer markets, particularly North African, Russian and Middle Eastern markets and global oil and gas producers, and non-compliance with U.S. export/re-export control, foreign corrupt practice laws, economic sanctions and import laws and regulations; increased aging and slower collection of receivables, particularly in Latin America and other emerging markets; our exposure to fluctuations in foreign currency exchange rates, including in hyperinflationary countries such as Venezuela and Argentina; our furnishing of products and services to nuclear power plant facilities and other critical processes; potential adverse consequences resulting from litigation to which we are a party, such as litigation involving asbestos-containing material claims; expectations regarding acquisitions and the integration of acquired businesses; our relative geographical profitability and its impact on our utilization of deferred tax assets, including foreign tax credits; the potential adverse impact of an impairment in the carrying value of goodwill or other intangible assets; our dependence upon third-party suppliers whose failure to perform timely could adversely affect our business operations; the highly competitive nature of the markets in which we operate; environmental compliance costs and liabilities; potential work stoppages and other labor matters; access to public and private sources of debt financing; our inability to protect our intellectual property in the U.S., as well as in foreign countries; obligations under our defined benefit pension plans; our internal control over financial reporting may not prevent or detect misstatements because of its inherent limitations, including the possibility of human error, the circumvention or overriding of controls, or fraud; the recording of increased deferred tax asset valuation allowances in the future or the impact of tax law changes on such deferred tax assets could affect our operating results; our information technology infrastructure could be subject to service interruptions, data corruption, cyber-based attacks or network security breaches, which could disrupt our business operations and result in the loss of critical and confidential information; ineffective internal controls could impact the accuracy and timely reporting of our business and financial results; and other factors described from time to time in our filings with the Securities and Exchange Commission.
All forward-looking statements included in this news release are based on information available to us on the date hereof, and we assume no obligation to update any forward-looking statement.
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LONDON--(BUSINESS WIRE)--#GlobalLiquefiedPetroleumGasLPGCylinderMarket--The liquefied petroleum gas (LPG) cylinder market is poised to grow by USD 407.60 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis
The report on the liquefied petroleum gas (LPG) cylinder market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing use of LPG in many applications.
The liquefied petroleum gas (LPG) cylinder market analysis includes type segment and geography landscape. This study identifies the rising subsidies offered by governments to promote LPG use as one of the prime reasons driving the liquefied petroleum gas (LPG) cylinder market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters
The liquefied petroleum gas (LPG) cylinder market covers the following areas:
Liquefied Petroleum Gas (LPG) Cylinder Market Sizing
Liquefied Petroleum Gas (LPG) Cylinder Market Forecast
Liquefied Petroleum Gas (LPG) Cylinder Market Analysis
Companies Mentioned
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
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Media & Marketing Executive
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Website: www.technavio.com/
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