HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it will be participating in the upcoming following events:
Any investor presentation provided during the virtual conferences 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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DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.55 per share on Pioneer’s outstanding common stock. The dividend is payable October 14, 2020, to stockholders of record at the close of business on September 30, 2020.
Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at www.pxd.com.
Pioneer Natural Resources Contacts:
Investors
Neal Shah – 972-969-3900
Tom Fitter – 972-969-1821
Michael McNamara – 972-969-3592
Media and Public Affairs
Tadd Owens – 972-969-5760
ST. PAUL, Minn.--(BUSINESS WIRE)--The board of directors of PolyMet Mining Corp. (“PolyMet” or the “company”) TSX: POM; NYSE American: PLM, today announced a 1-for-10 reverse stock split of its common shares effective on August 26, 2020, at 12:01 a.m. Pacific time. The company’s common shares will begin trading on a split adjusted basis on both the NYSE American and Toronto Stock Exchange under their current symbols at such date; the new CUSIP number is 731916409 and the new ISIN number is CA7319164090.
At PolyMet’s annual general and special meeting of shareholders held on June 24, 2020, shareholders authorized the board of directors, at its discretion, to effectuate a reverse stock split up to a 1-for-10 basis.
At the effective time, every ten issued and outstanding common shares of the company will be converted into one share of the company’s common shares. The reverse stock split will result in the number of issued and outstanding common shares of PolyMet being reduced from 1,006,997,495 to approximately 100,699,749 shares. Each shareholder will hold the same percentage of common shares outstanding immediately after the reverse stock split as held immediately prior to the action. No fractional shares will be issued in connection with the reverse stock split, and all fractional shares will be rounded down to the nearest whole share.
Registered shareholders holding physical share certificates will receive by mail a letter of transmittal advising of the reverse stock split and containing instructions. Holders of common shares of the company who hold uncertificated common shares (i.e. common shares held in book-entry form and not represented by physical share certificate), either as a registered holder or beneficial owner, will have their existing book-entry account(s) electronically adjusted by the company’s transfer agent, or, for beneficial shareholders, by their brokerage firms, banks, trusts or other nominees that hold in “street name” for their benefit. Such holders do not need to take any additional actions to exchange their pre-reverse stock split common shares for post-reverse stock split common shares.
About PolyMet
PolyMet is a mine development company that owns 100% of the NorthMet Project, the first large-scale project to be permitted within the Duluth Complex in northeastern Minnesota, one of the world’s major, undeveloped mining regions. NorthMet has significant proven and probable reserves of copper, nickel and palladium – metals vital to global carbon reduction efforts – in addition to marketable reserves of cobalt, platinum and gold. When operational, NorthMet will become one of the leading producers of nickel, palladium and cobalt in the U.S., providing a much needed, responsibly mined source of these critical and essential metals.
Located in the Mesabi Iron Range, the project will provide economic diversity while leveraging the region’s established supplier network and skilled workforce, and generate a level of activity that will have a significant effect in the local economy. For more information: www.polymetmining.com.
PolyMet Disclosures
This news release contains certain forward-looking statements concerning anticipated developments in PolyMet’s operations in the future. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible,” “projects,” “plans,” and similar expressions, or statements that events, conditions or results “will,” “may,” “could,” or “should” occur or be achieved or their negatives or other comparable words. These forward-looking statements may include statements regarding the ability to receive environmental and operating permits, job creation, and the effect on the local economy, or other statements that are not a statement of fact. Forward-looking statements address future events and conditions and therefore involve inherent known and unknown risks and uncertainties. Actual results may differ materially from those in the forward-looking statements due to risks facing PolyMet or due to actual facts differing from the assumptions underlying its predictions.
PolyMet’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and PolyMet does not assume any obligation to update forward-looking statements if circumstances or management’s beliefs, expectations and opinions should change.
Specific reference is made to risk factors and other considerations underlying forward-looking statements discussed in PolyMet’s most recent Annual Report on Form 40-F for the fiscal year ended December 31, 2019, and in our other filings with Canadian securities authorities and the U.S. Securities and Exchange Commission.
The Annual Report on Form 40-F also contains the company’s mineral resource and other data as required under National Instrument 43-101.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Media
Bruce Richardson, Corporate Communications
Tel: +1 (651) 389-4111
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Investor Relations
Tony Gikas, Investor Relations
Tel: +1 (651) 389-4110
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BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical and defense industries, today announced that James R. Lines, President and Chief Executive Officer, and Jeffrey F. Glajch, Vice President-Finance & Administration and Chief Financial Officer, will participate in the virtual Midwest IDEAS Investor Conference on August 26 and 27, 2020.
Graham will webcast a presentation which will be available at 8:00 AM Eastern Time on August 26, 2020 on the Midwest IDEAS conference website at www.IDEASconferences.com and in the investor relations section of the Company’s website at www.graham-mfg.com. The presentation will be available for 90 days following the conference.
ABOUT GRAHAM CORPORATION
Graham is a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. Energy markets include oil refining, cogeneration, and alternative power. For the defense industry, the Company’s equipment is used in nuclear propulsion power systems for the U.S. Navy. Graham’s global brand is built upon world-renowned engineering expertise in vacuum and heat transfer technology, responsive and flexible service and unsurpassed quality. Graham designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. Graham’s equipment can also be found in other diverse applications such as metal refining, pulp and paper processing, water heating, refrigeration, desalination, food processing, pharmaceutical, heating, ventilating and air conditioning. Graham’s reach spans the globe and its equipment is installed in facilities from North and South America to Europe, Asia, Africa and the Middle East.
Graham routinely posts news and other important information on its website, www.graham-mfg.com, where additional comprehensive information on Graham Corporation and its subsidiaries can be found.
Jeffrey F. Glajch
Vice President - Finance and CFO
Phone: (585) 343-2216
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Deborah K. Pawlowski / Christopher M. Gordon
Kei Advisors LLC
Phone: (716) 843-3908 / (716) 843-3942
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DUBLIN--(BUSINESS WIRE)--The "Fluid Loss Additive Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The market for fluid loss additive is expected to grow at a CAGR of over 3% globally during the forecast period.
The major factors driving the market studied is the increase in the production and exploration of shale gas and increasing investments in the latest and unconventional drilling technologies. On the flip side, the growing demand for electrical vehicles and harmful impact on the environment is hindering the growth of the market.
The drilling fluid application is expected to dominate the global fluid loss additive market over the forecast period. North America region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as the United States, and Canada.
Companies Mentioned
Key Market Trends
Drilling Fluid Application to Dominate the Market
North America Region to Dominate the Market
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increase in Shale Gas Exploration
4.1.2 Increasing Investments in the Latest and Unconventional Drilling Technologies
4.2 Restraints
4.2.1 Growing Demand for Electric Vehicles
4.2.2 Harmful Impact on Environment
4.3 Industry Value Chain Analysis
4.4 Porters Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Additive Type
5.1.1 Synthetic
5.1.2 Natural
5.1.3 Synthetically Modified Natural
5.2 Application
5.2.1 Drilling Fluid
5.2.2 Cement Slurry
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 France
5.3.3.4 Italy
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Advancements in Horizontal Drilling and Hydraulic Fracturing
7.2 Other Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/o8zsau
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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PRINCETON, N.J.--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) today announced that NRG’s proposed acquisition of Direct Energy, a North American business owned by Centrica PLC, was approved on August 20, 2020 by the requisite vote of Centrica PLC’s shareholders at a general meeting of its shareholders.
Closing for the previously announced transaction is expected by year end 2020. The transaction remains subject to other customary closing conditions, consents and regulatory approvals, including approval by the Federal Energy Regulatory Commission (FERC). In addition, NRG has submitted the transaction to the U.S. Department of Justice and the Federal Trade Commission under the Hart-Scott-Rodino Act, and the Commissioner of Competition under the Canadian Competition Act.
NRG also announced today it entered into an amendment of its Second Amended and Restated Credit Agreement to (i) increase the existing revolving commitments in an aggregate amount of $779 million and (ii) provide for a new tranche of revolving commitments in an aggregate amount of $258 million with a maturity date that is 30 months after the closing of the acquisition of Direct Energy, subject to certain potential extensions. The increase in the existing commitments and the commitments with respect to the new tranche will only become available upon the date of such closing. As a result, upon the closing date, the total revolving commitments available, subject to usage, under NRG’s revolving credit facility will equal $3.64 billion. This increase potentially reduces the need for other liquidity facilities associated with the proposed acquisition of Direct Energy. Citigroup Global Markets Inc. and Credit Suisse Loan Funding LLC acted as Joint Lead Arrangers in connection with the Amendment.
About NRG Energy
At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to more than 3.7 million residential, small business, and commercial and industrial customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, and by working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy, @nrginsight.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Such statements generally include the words “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues,” or similar expressions. Forward-looking statements include, without limitation, statements about the Direct Energy transaction and the anticipated timing thereof and NRG’s ability to satisfy the conditions with respect to such acquisition; NRG’s indebtedness, capital structure, plans, expectations, objectives and other future events, and views of economic and market conditions. NRG cautions that these statements are based on current estimates of future performance and are highly dependent upon a variety of factors, which could cause actual results to differ from these estimates. Among other risks and factors, NRG’s results are subject to general economic conditions, variation in demand from customers, the impact of geopolitical activity on the economy, continued market acceptance of NRG’s new product introductions, uncertainties with respect to the timing and terms of any disposition (including the timing of the Direct Energy transaction), the successful integration of acquisitions, restructurings, operating margin risk due to competitive pricing and operating efficiencies, supply chain risk, material and labor cost increases, tax reform, foreign currency fluctuations and interest rate risk. See NRG’s annual and quarterly reports filed with the Securities and Exchange Commission for further information regarding risk factors. NRG disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason.
Investors:
Kevin L. Cole, CFA
609.524.4526
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Media:
Candice Adams
609.455.3777
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DUBLIN--(BUSINESS WIRE)--The "AC and DC Electric Vehicle Charging Stations Market Size Analysis and Outlook to 2026 - Potential Opportunities, Companies and Forecasts for diverse installation type across End User Industries and Countries" report has been added to ResearchAndMarkets.com's offering.
The AC and DC Electric Vehicle Charging Stations market is one of the dynamic battery and transmission systems segments with major factors such as technological advancements, wide range adoption and large scale applications.
The COVID-19 pandemic has had a negative impact on the market size for the year 2020, with small and medium scale companies struggling to sustain their businesses in the near term future. The AC and DC Electric Vehicle Charging Stations market growth has become variable by region with some countries offering huge growth potential while others face closures and low profit margins.
Report Description
The multi-client study on Global AC and DC Electric Vehicle Charging Stations markets provides in-depth research and analysis into AC and DC Electric Vehicle Charging Stations industry trends, market developments and technological insights. The report provides data and analysis of AC and DC Electric Vehicle Charging Stations penetration across application segments across countries and regions. The report presents a strategic analysis of the global AC and DC Electric Vehicle Charging Stations market through key drivers, challenges, opportunities and growth contributors. Further, the market attractiveness index is provided based on five forces analysis.
The global AC and DC Electric Vehicle Charging Stations market delivers value to customers through reliable market size for 2019 on the basis of demand and price analysis. The report presents near term and long term forecast of the addressable AC and DC Electric Vehicle Charging Stations market size to 2026.
Most of the leading AC and DC Electric Vehicle Charging Stations providers are designing their strategies for the long term future instead of short term cost savings. Accordingly, company wise products and recent developments are analyzed in the report to provide competitor benchmarking. Further, to provide detailed insights into the operating companies, business, SWOT and Financial profiles of leading AC and DC Electric Vehicle Charging Stations companies are included in the report.
Country wise analysis and AC and DC Electric Vehicle Charging Stations market growth potential in each country is provided in the report. Further, five regions across the world along with their growth prospects are analyzed across AC and DC Electric Vehicle Charging Stations types, application and end user segments.
The report delivers value to the clients through market forecasts by types, different segments and end-user applications of global and regional AC and DC Electric Vehicle Charging Stations markets to 2026.
In addition, recent industry developments including mergers and acquisitions, joint ventures, and new product launches are provided in the report.
Reasons to Buy:
Key Topics Covered:
1. Global AC and DC Electric Vehicle Charging Stations Market Overview
2. AC and DC Electric Vehicle Charging Stations Market Opportunities and Business Prospects
2.1 Fastest Growing Types of AC and DC Electric Vehicle Charging Stations, 2018-2026
2.2 Potential Application verticals of AC and DC Electric Vehicle Charging Stations, 2018-2026
2.3 Fastest Growth markets being targeted by leading players, 2018-2026
3. AC and DC Electric Vehicle Charging Stations Market Strategic Analysis Review
3.1 Near term and Long term trends set to shape up the future of AC and DC Electric Vehicle Charging Stations market
3.2 Market Drivers
3.3 Market Challenges
3.4 Porter's Five Forces Analysis
4. Global AC and DC Electric Vehicle Charging Stations Market Outlook
4.1 Global AC and DC Electric Vehicle Charging Stations Market Outlook by Type, 2018-2026
4.2 Global AC and DC Electric Vehicle Charging Stations Market Outlook by Application, 2018-2026
4.3 Global AC and DC Electric Vehicle Charging Stations Market Outlook by Country, 2018-2026
5. Asia Pacific AC and DC Electric Vehicle Charging Stations Market Outlook
6. Europe AC and DC Electric Vehicle Charging Stations Market Outlook and Growth Opportunities
7. North America AC and DC Electric Vehicle Charging Stations Market Outlook and Growth Opportunities
8. South and Central America AC and DC Electric Vehicle Charging Stations Market Outlook and Growth Opportunities
9. Middle East Africa AC and DC Electric Vehicle Charging Stations Market Outlook and Growth Opportunities
10. AC and DC Electric Vehicle Charging Stations Market Competitive Analysis
10.1 Leading Players in AC and DC Electric Vehicle Charging Stations Market
10.2 Key Strategies/Initiatives of Leading Players
10.3 Business Profiles of Leading AC and DC Electric Vehicle Charging Stations Companies
10.3.1 Introduction
10.3.2 AC and DC Electric Vehicle Charging Stations Products
10.3.3 SWOT Analysis
10.3.4 Financial Analysis
11. Recent Developments in Global AC and DC Electric Vehicle Charging Stations Market
11.1 New Product Launches
11.2 Mergers and Acquisitions
11.3 Manufacturing Developments
12. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/toe994
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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LONDON--(BUSINESS WIRE)--#AutomatedOilTankCleaningSystemMarketinEMEA--The automated oil tank cleaning system market in EMEA is expected to grow by USD 43.18 billion as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 5%.
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Read the 120-page report with TOC on "Automated Oil Tank Cleaning System Market Analysis Report by Type (Solutions and Services), Application (Downstream, Midstream, and Upstream), Geography (Europe, Middle East, and Africa), and the Segment Forecasts, 2020-2024".
https://www.technavio.com/report/automated-oil-tank-cleaning-system-market-industry-analysis
The market is driven by increasing investments in oil storage tanks. In addition, the increasing market for tank cleaning systems as a service is anticipated to boost the growth of the automated oil tank cleaning system market in EMEA.
The US is one of the largest consumers of crude oil produced in the Middle East and African countries. With the adoption of technologies such as hydraulic fracturing and horizontal drilling, there has been a surge in the production of shale oil in the US. This has significantly decreased the export and resulted in the oversupply of crude oil in most of the oil-producing countries. Hence, to accommodate this increased supply, oil-producing countries are increasing investments in expanding storage capacities and installing new tanks. This has increased the demand for automated oil tank cleaning systems, which is driving the growth of the market.
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Major Five Automated Oil Tank Cleaning System Companies in EMEA:
Alfa Laval AB
Alfa Laval AB operates its business through segments such as Energy, Food & Water, Marine, Greenhouse, and Operations & Other. The company offers a wide range of automatic oil tank cleaning systems. Alfa Laval GJ 7, Alfa Laval GJ BB, and Alfa Laval GJ 9 are some of its key offerings.
ARKOIL Technologies Nederland BV
ARKOIL Technologies Nederland BV operates its business through the Tank cleaning and oil recovery segment. The company provides an exclusive non-man entry steam-based tank cleaning and oil recovery system that is compliant with the highest international safety standards.
Butterworth Inc.
Butterworth Inc. operates its business through the Products segment. The company provides various oil tank cleaning machines and components such as K/SK/SSK tank cleaning machine, LT/FT tank cleaning machines, BC/FT tank cleaning machine, LTQ tank cleaning hoses, hoses, couplings, and accessories, etc.
Grupo Tradebe Medioambiente SL
Grupo Tradebe Medioambiente SL operates its business through the Waste management solutions segment. The company offers an exclusive non-man entry steam-based tank cleaning and oil recovery system that is unrivaled throughout the world and compliant with the highest international safety standards.
KMT International Inc.
KMT International Inc. operates its business through the Products segment. The company offers an automated tank cleaning system known as the MegaMacs system. It is a mobile, energy independent solution that is easily adaptable for local conditions and a variety of projects related to cleaning tanks, pits, etc.
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Automated Oil Tank Cleaning System Market Type Outlook (Revenue, USD Billion, 2020-2024)
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Global Cryogenic Tanks Market – Global cryogenic tanks market by product (LNG, nitrogen, and others) and geography (APAC, Europe, MEA, North America, and South America).
About Technavio
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.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
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Website: www.technavio.com/
HOUSTON--(BUSINESS WIRE)--BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the “Trust”) (NYSE:SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the “Unit Holders”) due to prior excess production costs from the April 2020 production month. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period.
For the production month of June 2020, the operator of the Trust’s subject interests, Hilcorp San Juan L.P. (“Hilcorp”), reported to the Trust profits of $260,170 gross ($195,128 net to the Trust), which reduced, but did not eliminate, the previously reported excess production costs of $1,114,888 gross ($836,166 net to the Trust). Hilcorp will charge the remaining excess production costs of $854,718 gross ($641,038 net to the Trust) to the next month’s distribution.
Cash reserves will be utilized to pay Trust administrative expenses of $100,369 for the month. No cash distributions will be distributed by the Trust until future net proceeds are sufficient to pay then-current Trust liabilities and replenish cash reserves.
Based upon information provided to the Trust by Hilcorp, gas production for the subject interests totaled 2,005,697 Mcf (2,228,552 MMBtu) for June 2020, as compared to 1,749,344 Mcf (1,943,716 MMBtu) for May 2020. Dividing revenues by production volume yielded an average gas price for June 2020 of $1.09 per Mcf ($0.98 per MMBtu), as compared to an average gas price for May 2020 of $2.13 per Mcf ($1.91 per MMBtu).
Hilcorp has advised the Trust that the June 2020 reporting month included additional profits of $118,478 gross ($88,858 net to the Trust) based on true-ups for the February 2018 and January 2020 production months. The June 2020 reporting month also includes a reimbursement by the Trust to Hilcorp of $0.1 million, being a portion of the total $2.0 million in “Other” revenue that was included in the estimated gross proceeds in the December 2017 and January 2018 distribution months.
Hilcorp also reported that for the reporting month of June 2020, revenue included an estimated $100,000 for non-operated revenue. For the month ended June 2020, Hilcorp reported to the Trust capital costs of $12,127, lease operating expenses and property taxes of $1,711,990, and severance taxes of $580,478.
Except for historical information contained in this news release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements generally are accompanied by words such as “estimates,” “anticipates,” “could,” “plan,” or other words that convey the uncertainty of future events or outcomes. Forward-looking statements and the business prospects of San Juan Basin Royalty Trust are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, certain information provided to the Trust by Hilcorp, volatility of oil and gas prices, governmental regulation or action, litigation, and uncertainties about estimates of reserves. These and other risks are described in the Trust’s reports and other filings with the Securities and Exchange Commission.
San Juan Basin Royalty Trust
BBVA USA, Trustee
2200 Post Oak Blvd., Floor 18
Houston, TX 77056
website: www.sjbrt.com
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Joshua R. Peterson, Head of Trust Real Assets & Mineral Resources
and Senior Vice President
Kaye Wilke, Investor Relations, toll-free: (866) 809-4553
LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium, which was formed by Petrobras, Shell Brasil, Total, CNPC, CNOOC Limited and Pré-sal Petróleo SA (PPSA), for the pre-salt Mero field, located in the Santos Basin (Brazil) at 2,100 meters deep.
The contract covers engineering, procurement, construction, installation and pre-commissioning of the infield rigid riser and flowlines for production, including the water alternate gas wells. It also comprises the installation and pre-commissioning of service flexible lines and steel tube umbilicals, as well as towing and hook up of the FPSO(2).
The Company will leverage synergies with the Mero 1 project Subsea EPCI, utilizing in-house rigid and flexible lay vessels and its significant local footprint in Brazil, including a spoolbase, logistics base and engineering capabilities. The offshore campaign is scheduled to start in 2022.
Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are delighted to have been awarded another EPCI contract by the Libra Consortium, which reinforces the long-standing relationship between Petrobras and TechnipFMC. By executing and delivering this new flagship project, we are looking forward to supporting Petrobras’s ambition in the pre-salt region and contributing to the development of Brazil.”
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Important Information for Investors and Securityholders
Forward-Looking Statement
This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “believe”, “estimated” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.
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About TechnipFMC
TechnipFMC is a global leader in the energy industry; delivering projects, products, technologies and services. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our customers’ project economics.
Organized in three business segments — Subsea, Surface Technologies and Technip Energies — we are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our customers in developing their energy resources and in their positioning to meet the energy transition challenge.
Each of our approximately 37,000 employees is driven by a steady commitment to clients and a culture of project execution, purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
TechnipFMC utilizes its website www.TechnipFMC.com as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world’s energy industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.
Investor relations
Matt Seinsheimer
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Media relations
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Brooke Robertson
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AMES, Iowa--(BUSINESS WIRE)--Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that its management team is scheduled to attend the following upcoming investor conferences:
About Renewable Energy Group
Renewable Energy Group, Inc. (NASDAQ: REGI) is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels. REG is North America’s largest producer of biodiesel and an industry leading producer of renewable diesel. REG solutions are alternatives for petroleum diesel and produce significantly lower carbon emissions. REG utilizes a global integrated procurement, distribution and logistics network to operate 13 biorefineries in the U.S. and Europe. In 2019, REG produced 495 million gallons of cleaner fuel delivering over 4.2 million metric tons of carbon reduction. REG is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.
Investor Relations:
Renewable Energy Group
Todd Robinson
Treasurer
+1 (515) 239-8048
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One of Europe’s largest privately held LSPs will deploy BluJay’s LSP Platform as next-generation solution to optimise and automate over the road shipments
BAD HOMBURG, Germany--(BUSINESS WIRE)--BluJay Solutions, a leading provider of global supply chain software and services, today announced that Gebrüder Weiss GmbH selected BluJay’s LSP Platform, a powerful supply chain execution technology solution the company will deploy in its land transportation depots.
Gebrüder Weiss is one of Europe’s largest privately held logistics service providers, with 7,300 employees, 150 worldwide locations, and 13.7 million consignments transported in 2019. The company sought a solution to support continued digitalisation of logistics, with a flexible, future-proof transport management platform that can help deliver an enhanced customer experience and adapt to a constantly changing market and customer needs.
“We chose BluJay because of the proven solution and flexibility in their full offering,” says Wolfram Senger-Weiss, CEO of Gebrüder Weiss GmbH. “The solution is functionally rich and configurable to meet our needs. Their ability to deliver both on-premise and in the cloud is also attractive for us to build for the future. BluJay’s global presence is a plus, including a strong continental European presence, which helps us maximise our resources. BluJay aligns with our long-term vision and commitment to digitalisation; they are invested in the partnership to help us gain value now and over the long-term.”
Gebrüder Weiss looks forward to improving visibility, mapping and controlling orders, optimising handling process, real-time pricing of internal and external costs, and greater availability of data. The company expects the long-term partnership to support future growth and market trends with a platform that is positioned to address Gebrüder Weiss’ supply chain challenges going forward.
“BluJay is thrilled to partner with Gebrüder Weiss and to offer the flexibility they need for further digitisation and enhanced customer experience for the next generation,” says Andrew Kirkwood, CEO of BluJay Solutions. “Gebrüder Weiss is ready for the future, poised to deliver customer success as they will benefit from a robust solution proven every day to handle the volume, geographical scale, and complexity of leading companies. This is a true partnership for the long-term, where Gebrüder Weiss can leverage not only our software solution set, but also our experienced and professional workforce guiding the implementation, providing support, and driving long-term value.”
About Gebrüder Weiss
With over 7,300 employees, 150 company-owned locations and an annual turnover of 1.7 billion euros (2019), Gebrüder Weiss is one of the leading transport and logistics companies in Europe. In addition to its core business of land transport, air & sea freight, and logistics, the company operates a number of highly specialized industry solutions and subsidiaries under the umbrella of Gebrüder Weiss Holding AG, based in Lauterach (Austria) – including the logistics consultancy firm x|vise, tectraxx (industry specialist for hi-tech businesses), dicall (communications solutions, market research, training), Rail Cargo (railway transports), and the Gebrüder Weiss parcel service GWP, co-shareholder of the Austrian company DPD. This bundling of services allows the corporate group to respond to customer needs quickly and flexibly. Today, having implemented a variety of environmental, economic and social initiatives, the family-run company with a 500-year history is also considered a pioneer in sustainable business practices.
About BluJay Solutions
BluJay Solutions helps companies around the world achieve excellence in logistics and trade compliance - it’s in our DNA. Through a blend of Data, Networks, and Applications, delivered in the BluJay Way, our DNA platform powers the Frictionless Supply Chain for thousands of the world’s leading manufacturers, retailers, distributors, freight forwarders, customs brokers, carriers, and logistics service providers. To learn more, visit: www.blujaysolutions.com, or follow us on Twitter @myblujay and LinkedIn.
Media:
Martha de Labbey, +1 781-418-2400
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DUBLIN--(BUSINESS WIRE)--The "String Inverter Market by Connection Type, Phase and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global string inverter market was valued at $3.1 billion in 2019, and is projected to reach $4.6 billion by 2027, growing at a CAGR of 6.3% from 2020 to 2027.
String inverter is a system that converts DC power into AC power. Inverters are considered to be the main part of the solar system. It is gaining popularity over central inverter (type of solar inverter) in small utility projects nearly less than 1 MW. Sting inverters are increasingly used in the commercial, industrial, and utility sectors in the past five years. More than one string inverter is present in the solar system, depending on the size of the system.
Rapid increase in commercial & residential activities across the globe is a key factor driving the growth of the string inverter market. In addition, light weight, easy installation, high efficiency, and flexibility significantly contribute toward the growth of the global string inverter market. However, higher heat loss due to the larger size and absence of panel level monitoring are the key factors hampering the growth of the string inverter market globally. Conversely, government initiatives toward renewable and sustainable energy is expected to create potential growth opportunity for the key players operating in this market.
The global string inverters market is segmented on the basis of connection type, phase, end-use industry, and region. Depending on connection type, the market is categorized into on-grid and off-grid. On the basis of phase, it is bifurcated into single phase and three phase. By end-use industry, the market is fragmented into residential, commercial & industrial, and utilities. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
Market Dynamics
Drivers
Restraints
Opportunities
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/5efti6
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Vendors can capitalize on this market by pursuing smaller contracts oriented at immediate ROI and cash flow
BOULDER, Colo.--(BUSINESS WIRE)--#ESCOs--A new report from Guidehouse Insights analyzes the energy as a service (EaaS) market within the higher education segment. The report covers the evolution of EaaS definitions, market drivers and barriers, and recommendations to vendors pursuing growth in this segment.
EaaS continues to be top of mind for energy service companies, utilities, startups, and private equity firms as it allows vendors to deliver technologies that have been historically paid for via CAPEX under a service contract. The market opportunity for EaaS is especially strong among higher education institutions that have significant deferred maintenance backlogs and aggressive sustainability goals as they struggle with budget shortfalls. The financial impacts of COVID-19 on higher education institutions are also accelerating opportunities for EaaS in this segment. Click to tweet: According to a new report from @WeAreGHInsights, EaaS vendors can capitalize on this market by pursuing smaller contracts oriented at immediate ROI and cash flow.
“EaaS is a highly differentiated financing mechanism compared with energy service performance contracts (ESPCs), public-private partnerships (P3s), design build, and other project delivery mechanisms,” says Sasha Wedekind, research analyst with Guidehouse Insights. “It remains relatively unknown and poorly understood among prospective higher education customers, so vendors can use this opportunity to educate clients on EaaS and demonstrate the potential of this project financing mechanism through targeted engagements.”
To position for success, Guidehouse Insights recommends vendors focus on innovative institutions that have partnered with the private sector and pitch contracts that deliver quick returns. Vendors must also work to get the right stakeholders in the room, as creating channels to cabinet-level stakeholders remains imperative. Vendors who move quickly will likely have the market advantage as competition is expected to intensify as the market matures.
The report, Energy as a Service for Higher Education, analyzes the EaaS market within the higher education segment. The report covers the evolution of EaaS definitions, drivers, and barriers in this market and offers recommendations to vendors pursuing growth in this segment. The report provides a deep dive into the differentiators of EaaS agreements, sustainability goals in higher education, recent case studies, and approaches vendors can employ to gain and grow market share in this nascent market. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington DC, the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Energy as a Service for Higher Education, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
Lindsay Funicello-Paul
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DUBLIN--(BUSINESS WIRE)--The "Offshore Support Vessels Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global offshore support vessels market grew at a CAGR of around 6% during 2014-2019. Looking forward, the publisher expects the market to continue its moderate growth during the next five years.
Offshore support vessels refer to various marine vessels that are used for transporting goods, supplies and equipment during subsea exploration and construction activities. Some of the common types of offshore support vessels include diving support, crane, and pipe laying vessels, seismic survey ships, and platform supply vessels (PSVs).
These vessels are primarily used for locating and inspecting oil and gas-bearing areas, towing and positioning rigs/platforms and offering maintenance facilities. They are equipped with powerful small-sized boats that respond to emergencies at offshore installations and also provide various other services, such as transportation, anchor management and platform support.
Increasing oil and gas exploratory activities is one of the key factors driving the growth of the market. Furthermore, the rising demand for PSVs across the globe is also providing a boost to the market growth. PSVs are used in the production stage of offshore drilling and for the transportation of cement, casting and drilling pipes and completion fluids. Additionally, various technological advancements in the manufacturing processes of offshore support vessels and the integration of Dynamic Positioning (DP) systems in marine vessels, is acting as another growth-inducing factor.
Manufacturers are emphasizing on producing computer-controlled vessels that can automatically control their propellers and thrusters to maintain a specific position. Other factors, including rapid industrialization and extensive research and development (R&D) activities, along with growing investments in the oil and gas sector across the globe, especially in the emerging economies, are projected to drive the market further.
Companies Mentioned
Key Questions Answered in this Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Offshore Support Vessel Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Type
6.1 Anchor Handling Towing Supply Vessel
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Platform Supply Vessel
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fast Supply Intervention Vessel
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Multi-Purpose Service Vessel
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Water Depth
7.1 Shallow Water
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Deepwater
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Fuel
8.1 Fuel Oil
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 LNG
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Service Type
9.1 Financial Services
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Technical Services
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Inspection & Survey
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Crew Management
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Logistics & Cargo Management
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Applications
10.1 Oil and Gas Applications
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Offshore Applications
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.2 Asia Pacific
11.3 Europe
11.4 Latin America
11.5 Middle East and Africa
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/mentl
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Migration of SAP® solutions to Microsoft Azure aims to reduce IT costs and support oil and gas and renewable energy operations
STAVANGER, Norway--(BUSINESS WIRE)--Accenture (NYSE: ACN) is helping Equinor, an international energy company, migrate its SAP® software environment to Microsoft Azure public cloud.
This transformational project supports Equinor’s business objectives to optimize IT costs and increase cost transparency by shifting to an agile, high availability and scalable platform for SAP systems.
Working closely with Equinor’s Cloud Management team, Accenture will migrate and manage their SAP systems from on-premise data centers to the Microsoft Azure cloud. This will help Equinor run IT operations in a reliable cloud environment that includes embedded security. Accenture will use myWizard, its proprietary intelligent automation platform, to automate processes across the enterprise.
Gunnar Presthus, Accenture’s global client account lead for Equinor, said, “Accenture is excited to support Equinor in its SAP journey to the cloud. This is a pre-requisite for digital transformation, enabling business resilience that is key to navigating a continually changing environment.”
Gjert Terje Gjersvik, SAP’s global account director for Equinor, said, “Working together with Accenture we are helping to simplify and accelerate our customer’s journey of moving their SAP systems to Microsoft Azure to help realize the benefits of the cloud.”
Kimberly Lein-Mathisen, general manager of Microsoft Norway, added, “This is a great example of Accenture playing an important role as a trusted partner, enabling Equinor to reach its goals. Equinor has an important role to play in innovation and in driving Norway’s sustainable growth, and we are very proud to have their SAP solutions running on Azure.”
About Accenture
Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 513,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.
About Equinor
Equinor is a broad energy company with a proud history. We are 21,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, one of the world’s largest offshore operators, and a growing force in renewables. Driven by our dedication to safety, equality and sustainability and our Nordic urge to explore beyond the horizon, we’re shaping the future of energy.
Guy Cantwell
Accenture
+1 281 900 9089
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Matt Corser
Accenture
+44 755 784 9009
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DUBLIN--(BUSINESS WIRE)--The "Planned LNG Market by Technology and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
The global planned LNG market was valued at $102.2 billion in 2019, and is projected to reach $58.9 billion by 2030, growing at a CAGR of 9.9% from 2020 to 2030. Planned LNG can be defined as the expansion of regasification and liquefaction terminal capacities.
Some of the factors such as cost advantage of LNG over other energy sources for end-use industries, environmental benefits, monetary systems and subsidies, and others are expected to boost the growth of the market. In addition, an increase in regasification capacities in the Asia-Pacific region boosts market growth. Some of the countries where the demand for LNG is expected to grow to include China, India, and others. However, the growth of renewable energy and nuclear energy is anticipated to decrease the demand for LNG. Moreover, the demand for LNG decreased in Japan and South Korea, owing to an increase in nuclear power generation and the pace of renewable energy infrastructure deployment.
The global planned LNG market is segmented on the basis of technology, end-use industry, and region. The technology segment is categorized into liquefaction and regasification. On the basis of end-use industry, the market is divided into residential, commercial, and industrial. By Region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
Key Findings of the Study:
Market Dynamics
Drivers
Restraint
Opportunity
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/krp95n
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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North Carolina-based solar projects will be online by 2021
DURHAM, N.C.--(BUSINESS WIRE)--#energyfinance--Today, Helios Infrastructure (Helios), a joint venture between Nationwide and Sol Systems, announced the completion of its project purchase from Cypress Creek Renewables. The $200+ million portfolio spans 20 projects across North Carolina, of which 97 MW are operational and 51 MW are under construction.
Since 2012, Nationwide and Sol Systems have financed over $700 million of solar projects throughout the United States. The portfolio is primarily composed of utility-scale assets selling energy to utilities, municipal customers, and universities. Today, Helios leverages the origination, underwriting and asset management resources the two partners have established.
“Helios was created with a vision of developing and owning solar projects,” Nationwide Investments Solar Equity Portfolio Manager Clark Lloyd said. “We look forward to seeing the positive environmental and economic benefits these projects will bring to the communities they serve.”
In June 2018, Helios and Cypress Creek executed a framework agreement to purchase a portfolio of utility-scale solar projects under development by Cypress Creek. Since the agreement was announced, Helios has purchased and closed financing on the projects in the portfolio on a rolling basis. Helios and Cypress Creek completed the sale of the final 25 MW in the portfolio on July 31, 2020.
“With Nationwide and Sol Systems, we have developed a valuable, multi-year partnership around our shared mission of powering a sustainable future and investing in the North Carolina communities,” said Cassidy DeLine, Vice President of Project Finance, Cypress Creek Renewables. “The complexities inherent in a portfolio with this number of projects require a partner like Helios at the table.”
“We value our partnership with Nationwide, as well as the opportunity to build on a long history of successful transactions with the Cypress Creek team, beginning with tax equity investments in 2015 and culminating in the completion of this master purchase,” said Jessica Robbins, Senior Director, Structured Finance, Sol Systems.
The 51 MW of projects under construction will create clean, renewable electricity that will benefit 20 counties and 12,000 homes per year in North Carolina, while offsetting approximately 150,000 tons of carbon annually (On a general scale, 1 MW can power 164 average homes, but can vary depending on regional differences).
Cypress Creek’s Engineering and Project Management group is overseeing the construction by Pure Power Contractors and CS Energy, which is targeting a placed-in-service date of December 2020. Upon completion, Cypress Creek O&M Services will provide operations and maintenance for the entire 20 project portfolio.
The largest project in the portfolio is Ruff, a 32MW solar site located in Ellenboro, N.C. The project was placed in service on July 27, 2020.
ABOUT NATIONWIDE
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow us on Facebook and Twitter.
Nationwide, Nationwide is on your side and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2020
ABOUT SOL SYSTEMS
Sol Systems is a leading national solar energy firm with an established reputation for integrity and reliability across its development, infrastructure and environmental commodity businesses. To date, Sol has developed and/or financed over 1 GW of solar projects valued at more than $1 billion for Fortune 100 companies, municipalities, counties, utilities, universities and schools. The company also actively shapes and trades in environmental commodity and electricity markets throughout the United States. The company was founded in 2008, is based in Washington, D.C., and is led by its founder. Sol Systems works with its team, partners, and clients to create a more sustainable future we can all believe in. For more information, visit https://www.solsystems.com/.
ABOUT CYPRESS CREEK RENEWABLES
Cypress Creek Renewables is powering a sustainable future, one project at a time. We develop, finance, own and operate utility-scale and distributed facilities across the country. With more than 9.8GW of solar developed and more than 3.2GW under management, Cypress Creek is one of the country’s leading solar and storage companies. For more information about Cypress Creek, please visit www.ccrenew.com.
Jamie Nolan for Cypress Creek, This email address is being protected from spambots. You need JavaScript enabled to view it., 410-463-9869
PG&E Encourages Customers to Update Their Contact Information Ahead of Peak Wildfire Season
Updates Needed to Prepare for Emergencies, Natural Disasters, PSPS Events
SAN FRANCISCO--(BUSINESS WIRE)--After seven days filled with rotating power outage due energy supply issues and lightning-sparked wildfires grow across the state, Pacific Gas and Electric Company (PG&E) is urging customers to provide the company with updated mobile numbers, email addresses and other key information so the company can contact them with important safety alerts and updates during wildfire season.
Updating Customer Contact Information is Easy
Already this year, more than 1.2 million PG&E customers have updated their contact information. PG&E thanks customers who have already taken action to ensure they will receive its wildfire safety alerts. For customers who have not yet confirmed or updated their contact information, PG&E strongly encourages everyone to do so by visiting www.pge.com/mywildfirealerts or by calling the PG&E contact center at 1-866-743-6589.
It is important that all customer information is up to date so that PG&E can share wildfire safety alerts. This is especially critical for medical baseline customers. In addition to notifying customers directly, PG&E also will provide outage updates and information through channels such as social media, local news, radio and the pge.com website.
“We have already seen the result of a dry winter rain season and a hotter-than-average late summer in our service area coupled with lighting strikes. A number of wildfires are burning across the region, and we continue to encourage our customers to conserve energy as we reach the tail end of a week-long extreme heatwave that resulted in rotating outages on Friday (Aug. 14) and Saturday (Aug. 15),” said PG&E Chief Customer Officer, Senior Vice President Laurie Giammona. “We are asking our customers to be sure we have their latest contact information so that we can share important safety alerts and information about their electric service.”
Customer Preparedness Tips
Besides updating their contact information, PG&E encourages customers to do the following:
For additional preparedness tips, worksheets, checklists and other resources, visit PG&E’s Safety Action Center.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit www.pge.com/ and www.pge.com/en/about/newsroom/index.page.
Media Relations:
415-973-5930
3PL will offer real-time price quoting and instant booking capabilities through Blue Yonder solution
SCOTTSDALE, Ariz. & PRESTON, Md.--(BUSINESS WIRE)--#AI--Choptank Transport, a full-service 3PL, has integrated with Blue Yonder’s dynamic price discovery solution to continue its digital transformation.
In an ever-volatile freight transportation market, shippers are looking for real-time market-based prices and capacity. By integrating with Blue Yonder’s dynamic price discovery solution, Choptank can provide these capabilities to its shipping and freight customers.
Choptank can offer the dynamic price discovery solution to its pipeline of customers, as well as shippers utilizing Blue Yonder’s transportation management solution – providing a larger shipper/freight carrier base for the company. The dynamic price discovery solution can be adopted by existing Blue Yonder transportation management customers seamlessly.
Choptank offers truckload, LTL, reefer or dry, intermodal, cross-docking, container services, heavy haul, and more specialized freight services. The company serves the United States, Canada, Mexico and other international destinations. Choptank’s greatest strength and differentiator in the market is their cutting-edge technology, vast carrier network and superior customer service. They are a full service, multi-modal logistics firm offering the perfect blend of customer service built on relationships and all the tools and solutions to maintain the highest customer satisfaction rating.
“Our customers’ needs are changing at the speed of light in this industry,” said Choptank Transport President & CEO, Geoff Turner. “Instant pricing, capacity, and market intelligence are all expected deliveries from today’s 3PLs. If you don’t offer it, you quickly become irrelevant in the supply chain. Blue Yonder’s dynamic price product is exactly what our customers are asking for, and we are pleased to provide this next-level service.”
The dynamic price discovery solution is built on Blue Yonder’s Luminate™ Platform, which is powered by Microsoft Azure. Luminate Platform combines data from both internal and external sources – spanning shippers’ digital supply chain ecosystems – to leverage both artificial intelligence (AI) and machine learning (ML), enabling smarter and more actionable business decisions.
“We’re excited to be working with Choptank, a company whose specialized approach to the industry and superior customer service differentiates them from their competition,” said Terry Norton, vice president, 3PL & Transportation, Blue Yonder. “As a result of the COVID-19 pandemic, we have seen a dramatic shift from our customers requiring rapid assistance in the delivery of essential goods. By integrating with our dynamic price discovery solution, Choptank will have access to a larger customer base, allowing them to meet shipper and freight carrier needs when it comes to pricing and capacity.”
Additional Resources:
About Choptank Transport
Choptank Transport is part of a $213.5 billion industry of U.S. third-party logistics companies that match a variety of freight services with shippers who have goods to be transported. Choptank specializes in truckload freight, less-than-truckload, refrigerated and dry, as well as rail, air and sea movement. Choptank’s headquarters is in Preston, Maryland, with five other locations nationwide, including Tampa, Dallas, Atlanta, Denver, and Baltimore. A new site in Easton, Maryland, is scheduled to open in early 2021. Visit ChoptankTransport.com.
About Blue Yonder
Blue Yonder is the world’s leading, end-to-end, digital supply chain platform provider, enabling companies to better predict, optimize and fulfill customer demand. Blue Yonder empowers companies to dynamically improve business planning and execution to drive more autonomous, profitable business outcomes and reimagined customer experiences. With Blue Yonder, you can Fulfill your Potential.™ Visit blueyonder.com.
“Blue Yonder” is a trademark or registered trademark of Blue Yonder Group, Inc. Any trade, product or service name referenced in this document using the name “Blue Yonder” is a trademark and/or property of Blue Yonder Group, Inc.
Blue Yonder
15059 N. Scottsdale Road, Ste. 400
Scottsdale, AZ 85254
Blue Yonder Public Relations Contacts:
Jolene Peixoto, Vice President, Corporate Communications
Tel: +1 978-475-0524, This email address is being protected from spambots. You need JavaScript enabled to view it.
Marina Renneke, APR, Corporate Communications Manager
Tel: +1 480-308-3037, This email address is being protected from spambots. You need JavaScript enabled to view it.
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