Business Wire News

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release third quarter 2021 operational and financial results after the close of trading on Tuesday, October 26, 2021. Management will also host a live conference call on Wednesday, October 27, 2021 at 9:00 a.m. Central Time to review third quarter 2021 financial results and operational highlights.


To access the live conference call, domestic participants should dial (855) 875-8781 and international participants should dial (720) 634-2925. The conference ID and passcode is 5687666. The live conference call will also be available through the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. The replay for the event will be available on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab through November 30, 2021.

About Matador Resources Company

Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations, primarily through its midstream joint venture, San Mateo, in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.

For more information, visit Matador Resources Company at www.matadorresources.com.


Contacts

Mac Schmitz
Capital Markets Coordinator
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(972) 371-5225

The Energy Savings Performance Contract will intensify resilience against climate threats and reduce annual energy consumption

FRAMINGHAM, Mass. & PETALUMA, Calif.--(BUSINESS WIRE)--#batteryenergystorage--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has entered into a $43 million Energy Savings Performance Contract (ESPC) with the United States Coast Guard (USCG) at the service’s largest west coast training facility, Training Center (TRACEN) Petaluma. The project will be the USCG’s first Battery Energy Storage System (BESS) project and the Department of Homeland Security’s (DHS) largest solar renewable energy project integrated within the USCG’s first fully functional, renewable energy-powered microgrid.



TRACEN Petaluma faces a range of energy security and resiliency challenges endemic to the climate and regional power infrastructure in northern California. In light of the regularity and severity of weather events and utility interruptions affecting the site, USCG competitively selected Ameresco in February 2021 to fast-track development of a comprehensive ESPC to enhance the site’s electric infrastructure and resiliency posture. The microgrid will integrate existing distributed backup generators with a new 5 megawatt (MW) solar array and an 11.6MWh BESS to power the entire site in the event of a loss of utility (LoU). Planned improvements also feature the deployment of new power distribution transformers, Smart controls in 10 buildings across campus, LED lighting improvements for over 8,000 fixtures, installation of new electric vehicle (EV) charging infrastructure and heating, ventilation, and air conditioning (HVAC) equipment upgrades.

“This contract award enables continuity of operations in an environment of unpredictable climate hazards and will increase Training Center Petaluma’s relevance throughout the region, while sustaining our Coast Guard mission ready total workforce,” said Capt. Steven Ramassini, commanding officer for the training campus.

“Addressing the evolving needs of the Coast Guard means that we have to look beyond just using traditional direct appropriations. The use of energy performance contracts allows the Coast Guard to address critical infrastructure improvements in a timeframe that would be unachievable with customary methods and provides holistic solutions to complex issues. Leveraging partnerships and finding unique solutions is how the Coast Guard is able to accomplish mission critical improvements with our limited resources,” notes Rear Adm. Carola List, Assistant Commandant for Engineering and Logistics, and the Coast Guard’s chief engineer.

Once completed, Training Center Petaluma ​​will realize a cost savings of more than $1.2 million in the first year alone. The project will also reduce the site’s annual electricity and propane consumption by 8.7M kWh and 50.8 kgal, respectively.

“We are so honored to lead the design and development of this historic project for the United States Coast Guard,” said Nicole Bulgarino, executive vice president, Ameresco. “The upgrades outlined integrate energy efficiency and clean onsite energy with advanced microgrid controls and significantly enhance the training facility’s energy resiliency. The finished project will set a strong precedent for future Federal renewable generation and battery storage projects.”

Construction on the project is set to begin in October 2021 and reach completion by Fall 2023.

To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. 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.

About the United States Coast Guard
Since 1790, the Coast Guard has safeguarded the American people and promoted national security, border security, and economic prosperity in a complex and evolving maritime environment. The Coast Guard saves those in peril and protects the Nation from all maritime threats. As a branch of the U.S. Armed Forces, a law enforcement organization, a regulatory agency, a member of the U.S. Intelligence Community, and a first responder, the Coast Guard employs a unique mix of authorities, broad jurisdiction, flexible operational capabilities, and a network of partnerships. The Coast Guard is the principal Federal agency responsible for maritime safety, security, and environmental stewardship in U.S. ports and inland waterways, along more than 95,000 miles of U.S. coastline, throughout the 4.5 million square miles of U.S. Exclusive Economic Zone (EEZ), and on the high seas. For more information, visit https://www.uscg.mil/About/.

The announcement of a customer’s entry into a contract is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total backlog. This project was included in our previously reported awarded project backlog and assets in development as of June 30, 2021.


Contacts

Media Contact:
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "EV Charging Station Raw Materials Market by Material Type, Application, and Charging Type - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.


The EV Charging Station Raw Materials Market is expected to reach $4.91 billion by 2028, at a CAGR of 34.1% during the forecast period, 2021-2028.

By volume, this market is expected to grow at a CAGR of 45.0% from 2021 to reach 665,984.3 metric tonnes by 2028.

The growth of this market is mainly attributed to factors such as supportive government policies for EV charging stations, increasing adoption of EVs, and increasing initiatives by private companies for deploying EV charging infrastructure. The increasing adoption of electric mobility in emerging economies provides significant growth opportunities for market players.

The EV charging station raw materials market is mainly segmented into metals and alloys and polymers based on material type. The polymers segment is expected to grow at the highest CAGR by value during the forecast period. Major factors attributed to this segment's high growth are excellent heat resistance, weather resistance, strength, and lightweight of polymers; ability to be easily molded into any shape and size; and high aesthetic qualities, which enables charging stations to be branded in any color as per the network operators' requirements.

Based on application, the EV charging station raw materials market is segmented into cord, connector gun, enclosure, charger plug holster, nylon glands/lock nut, electric circuit breaker, energy meter and timers, internal wiring, flexible conduit, thermal switch, cable hanger, displays, and other applications.

The connector gun segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to increasing demand for DC fast-charging stations in European countries and the U.S., increasing adoption of electric mobility in emerging economies, increasing initiatives by governments in countries such as India, Thailand, Singapore, and other Southeast Asian countries for rapid deployment of EV charging infrastructure and develop an EV ecosystem for manufacturing of EVSE components.

Based on charging type, the EV charging station raw materials market is segmented into level 1, level 2, and DC fast charging. The DC fast charging segment is expected to grow at the highest CAGR during the forecast period.

The rapid growth of this segment is mainly attributed to growing government initiatives for installing fast-charging stations, rebate on the purchase of DC fast-charging stations, increasing investments from automakers towards the development of DC fast-charging station infrastructure to support their long-range battery-electric vehicle, and ability of DC fast chargers to provide faster charging as compared to Level 1 & Level 2 charging stations.

The Asia-Pacific is expected to witness the fastest growth during the forecast period.

The factors attributed to the high growth of this region are high adoption of EVs and associated infrastructure to meet the climate change commitments, reduce air pollution, and increase energy security; increasing opportunity for economies with less developed automotive manufacturing capabilities to catch up with, or even advance, industry players in more established automotive manufacturing hubs; and ongoing investments by various countries for robust charging infrastructure used in shopping malls, public buildings, and parking facilities.

Market Dynamics

Drivers

  • Supportive Government Policies for EV Charging Stations
  • Increasing Adoption of EVs
  • Increasing Initiatives by Private Companies for Deploying EV Charging Infrastructure

Restraints

  • Potential Shortfall in Mining Capabilities
  • Environmental Effects of Mining in Ecologically Sensitive Regions

Opportunities

  • Increasing Adoption of Electric Mobility in Emerging Economies

Challenges

  • Highly Vulnerable Supply Chain

The key players operating in the EV charging station raw materials market are

  • POSCO
  • Covestro AG
  • DuPont De Nemours, Inc.
  • BASF SE
  • SABIC
  • Ryerson Holding Corporation
  • DOMO Chemicals
  • Thyssenkrupp AG
  • Evonik Industries AG
  • Trinseo S.A.
  • Celanese Corporation
  • LANXESS AG

For more information about this report visit https://www.researchandmarkets.com/r/t290i7


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") plans to announce its financial results for the third quarter 2021 prior to 8:00 A.M. Eastern Time on Wednesday, November 3, 2021. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com.


In addition, management will host a conference call on Wednesday, November 3, 2021 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference “NFE Third Quarter 2021 Earnings Call."

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A replay of the conference call will be available after 11:00 A.M. Eastern Time on November 3, 2021 through 11:00 A.M. Eastern Time on November 10, 2021 at (855) 859-2056 (from within the U.S.) or (404) 537-3406 (from outside of the U.S.), Passcode: 7250426.

About New Fortress Energy Inc.

New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.


Contacts

IR:
Joshua Kane
(516) 268-7455
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Media:
Jake Suski
(516) 268-7403
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The Tigo TS4 family and Energy Intelligence software platform, as used by the Treesol Company from the State of Minas Gerais, will be showcased at Intersolar South America, 2021.

CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc., the solar industry’s worldwide leader in Flex MLPE (Module Level Power Electronics), today announced that the Company will exhibit its latest products at Intersolar South America (São Paulo, Brazil). Tigo representatives will showcase all of its TS4 Flex MLPE devices, including the recently introduced TS4-A-2F and the Tigo Energy Intelligence software platform. Together, these Tigo products are the most cost effective and advanced solution for optimization and module-level monitoring for solar projects from small to large-scale.

Tigo Energy led solar innovation with its TS4 Flex MLPE, providing customers the flexibility to solve common problems in Brazil such as shading, multiple orientations, and system expansion with modules of different power for solar installations. Over the past year, Tigo released key updates and innovations to its Flex MLPE product line in an effort to address the demand for high-power solar modules and energy projects that call for a diversified set of fire safety features, monitoring, management, and power optimization features.



“The technology of the Tigo optimizers brings new features to the photovoltaic modules making it simple to solve the challenges of implementing solar projects of many different sizes,” said Antônio Carlos, head of engineering at Treesol Company. “Tigo optimizers provide ease and speed of assembly, as well as high-tech and ‘democratic’ equipment. The optimizers can be used with modules and inverters from nearly every manufacturer, provide safety for the integrator and for the customer, and offer a unique monitoring system. The Tigo technical and support teams in Brazil also deliver the highest level of service and have helped us tremendously in our projects with their optimizers.”

The Tigo Energy Intelligence (EI) solution, a comprehensive digital platform, is designed to optimize the installer experience around commissioning, monitoring, and maintaining fleets of solar installations. Tigo EI delivers the tools to decrease operation and maintenance costs, increase system performance and revenue, and improve the user experience for installers and customers. Additionally, the solution simplifies the commissioning process by providing greater system visibility and information to end installers and EPC companies.

“With its reach into Brazil Tigo MLPE technology is now truly a global solution, and the market possibilities are huge because these products don’t require installers to rework the installation process,” said Manoel Monteiro, LATAM representative sales manager at Tigo Energy. “The combination of Tigo optimizers with our new EI monitoring platform is the ideal solution for higher energy production and cost reduction, leading to increased earnings and better ROI for our customers.”

To learn more about Tigo Flex MLPE solutions and the Tigo Energy Intelligence monitoring platform, please visit Tigo Energy at Intersolar South America (Expo Center Norte, São Paulo, Pavilion A2, Booth 30) from October 18-20, 2021.

About Tigo Energy

Tigo Energy is the worldwide leader in Flex MLPE (Module Level Power Electronics) with innovative solutions that increase solar energy production, decrease operating costs, and significantly enhance safety of solar energy systems. The Tigo TS4 platform maximizes the benefit of solar and provides customers with the most scalable, versatile, and reliable MLPE solution available. Tigo was founded in Silicon Valley in 2007 to accelerate the adoption of solar energy worldwide. Tigo systems operate on seven continents and produce gigawatt hours of reliable, clean, affordable, and safe solar energy daily. With a global team, Tigo Energy is dedicated to making the best MLPE on earth so more people can enjoy the benefits of solar. Find us online at www.tigoenergy.com.


Contacts

John Lerch
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Managed SD-WAN and SASE Provides World Fuel Services with Secure Connectivity for Their Hybrid Workforce While Lowering Their Total Cost of Ownership

SAN MATEO, Calif.--(BUSINESS WIRE)--#Cloud--Aryaka®, the leader in fully managed SD-WAN and SASE, today announced World Fuel Services, a leading global energy company, has selected the company’s cloud-first platform for its latest network transformation initiative. The new initiative consists of providing World Fuel Services with secure connectivity for their global hybrid workforce while lowering their total cost of ownership (TCO).


World Fuel Services sells and distributes aviation, marine and land fuel products, as well as energy management solutions, to clients across a range of industries in over 200 countries worldwide. ­The Fortune 500 company is headquartered Miami, Florida with employees across the U.S., Latin America, Europe, and Asia.

When World Fuel Services embarked on a company-wide digital transformation initiative, transforming their core on-premises network was the critical first step and foundation to achieving their vision of a cloud-first architecture. The company’s MPLS network was unreliable, expensive, and time-consuming to maintain across their global sites. Their IT organization determined they needed a unified, cloud-based architecture to deliver the company’s critical SaaS applications, such as Microsoft Office365, Box, Slack, Zoom and more, without increasing costs or management complexity.

After determining that Aryaka’s fully managed Cloud-First SD-WAN solution plus last mile management services met all their requirements, World Fuel Services quickly rolled out the solution to 75+ global sites. Once deployed, global application performance and network redundancy improved, while the company decreased their network TCO by 25% — a real win-win for the organization.

Yet when the global pandemic appeared in 2020, World Fuel Services, like most organizations, was challenged to transition a fully on-site organization to a fully remote workforce. Th­e company’s traditional VPN was slow and unreliable. After deploying Aryaka Private Access, a secure managed VPN-as-a-Service solution, latency for remote workers decreased and, anecdotally, remote users noted the positive experience of having fast, uninterrupted connectivity.

As a result of this shift, the company has embraced a hybrid work environment, viewing it as the future of work and Aryaka as an important tool to enabling this vision. By moving to Aryaka’s fully managed SD-WAN and SASE solution, World Fuel Services plans to be MPLS and datacenter free by the end of 2021. Lastly, the move to Aryaka’s managed service has proved to be a major benefit, saving both time and money for the IT organization.

“We wanted to consume our network in the same way we consume the cloud, which is an as-a-service model, but at the same time, we wanted to make sure the company we worked with was culturally aligned to who we are and who we want to be,” said Richard Delisser, vice president of global infrastructure at World Fuel Services. “Th­ose are the two core reasons we chose Aryaka.”

“From a network performance standpoint, I view the benefits in two areas: one is redundancy. We could never have the level of redundancy with MPLS that we now have with Aryaka. The second is the amount of incidents. We’ve seen a 90% reduction in incidents since deploying Aryaka,” said Walter Aragon, senior network manager, at World Fuel Services.

“I would like to add, it’s not just Aryaka’s technology we’re thankful for, it’s their level of support. If we have a circuit that’s down, they support us end-to-end by reaching out to the ISP, managing the issue, and letting us know when it’s been solved. This helps us put the pressure aside and focus on other priorities,” Walter concluded.

“World Fuel Services is a company that is top of their game in delivering trusted energy solutions,” said Shashi Kiran, CMO at Aryaka. “We are pleased to have earned their trust as a strategic partner as they deliver best-in-class energy solutions to their customers globally.”

In January 2020, Aryaka and World Fuel Services won the 2020 SD-WAN Implementation Award from Internet Telephony in the category of successful SD-WAN deployment.

Aryaka will also be hosting an upcoming webinar with Walter Aragon of World Fuel Services and Mauricio Sanchez, Network Security Research Director at Dell’Oro, addressing SASE technology drivers and implementation successes. Register here: https://www.aryaka.com/events-webinars/sase-myths-and-implementation/.

Aryaka/World Fuel Services Case Study: https://www.aryaka.com/resources/case-study-world-fuel-services/

For more on Aryaka, please visit: https://www.aryaka.com/

Visit the Aryaka blog: https://www.aryaka.com/blog/

Follow Aryaka on Twitter: @AryakaNetworks

Visit Aryaka on LinkedIn: https://www.linkedin.com/company/aryaka-networks/

About Aryaka

Aryaka, the Cloud-First WAN and SASE company, and a Gartner “Voice of the Customer” leader, makes it easy for enterprises to consume network and network security solutions delivered as-a-service for a variety of modern deployments. Aryaka uniquely combines innovative SD-WAN and security technology with a global network and a managed service approach to offer the industry’s best customer and application experience. The company’s customers include hundreds of global enterprises including several in the Fortune 100.


Contacts

US Aryaka Media Contact:
Liam Collopy, Executive Vice President
Harden Communications Partners
Ph: 510-488-2472
E: This email address is being protected from spambots. You need JavaScript enabled to view it.

UK Aryaka Media Contact:
Inés Mitsou, Account Manager
Positive
Ph: 0770-388-4664
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As part of a larger initiative to put electric vehicle fast chargers at fast food restaurants, a first installation is expected to combine Tritium’s market-leading technology with on-site solar, battery storage, and ChargeNet’s proprietary software platform to provide a superior fast charging experience, increase resiliency, and generate profit for the local franchise.

TORRANCE, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--As the number of electric vehicles (EVs) is expected to continue growing – up to 35 million EVs are expected on U.S. roads by 2030 according to a Business Insider report from March 2021 – charging infrastructure is expected to need to expand commensurately to support the increased EV adoption. Tritium has partnered with EV charging network operator ChargeNet with a plan to install RTM direct current (DC) fast chargers at South San Francisco Taco Bells to address this challenge. The partnership, which is expected to expand in other areas, leverages funding from the California Energy Commission’s California Electric Vehicle Infrastructure Project (CALeVIP) and the California Public Utilities Commission’s (CPUC) Self-Generation Incentive Program (SGIP).



“Our goal is to replace the refueling experience that Americans know with a charging experience that is fast, convenient, and inviting,” said Tosh Dutt, CEO of ChargeNet. “Our first installation is just the beginning of realizing that goal, and will be the first of many as we look to expand charging opportunities throughout the Bay Area and other parts of the country in the hopes of increasing adoption of EVs, especially in lower-income areas.”

The companies broke ground on the installation last month and the chargers are anticipated to be operational by the end of October. The 75kW Tritium RTM fast chargers can provide up to 46 miles of range in 10 minutes and will accept payment through ChargeNet’s mobile app and a credit card reader on the charger. ChargeNet’s EV charging platform, specifically designed for fast food franchisees, fills a market need for more fast chargers at locations with food and a restroom. ChargeNet also hopes to integrate food ordering and payment to make the process even more seamless for customers. And to lower energy costs and protect from power outages, the installation will utilize solar and energy storage technology to power the chargers and provide more competitive rates to Taco Bell customers.

“We’re always looking for opportunities to do things that haven’t been done before and especially those that create a “win-win” for our customers, the community and our business,” said SG Ellison, President of Diversified Restaurant Group, who operates nearly 250 Taco Bell and Arby’s in five states and is rapidly growing. “Tosh and his team have been great partners and we’re looking forward to providing our customers with the opportunity to charge their vehicles on Tritium’s market-leading technology.”

The installation will not require any further utility service upgrades, only requiring one additional meter to support the chargers. Additionally, as a result of ChargeNet’s unique service model and use of incentives, Diversified Restaurant Group will pay nothing upfront and take home a portion of the revenue generated from the chargers, along with bringing in EV drivers as customers. The SGIP funding includes prioritization of communities living in high fire-threat areas, communities that have experienced two or more utility Public Safety Power Shut-offs (PSPSs), as well as low-income and medically vulnerable customers, while funding from CALeVIP provides incentives for EV infrastructure across the state with additional funding for charging projects located in low-income and disadvantaged communities.

“CALeVIP has been a successful program in deploying public chargers throughout California and targeting disadvantaged communities,” said Hannon Rasool, Deputy Director of the Fuels and Transportation Division at the California Energy Commission. “The innovation and creativity of deploying chargers where other amenities such as food services are co-located should be emulated across the nation to provide access to charging where consumers already travel.”

Tritium’s RTM fast chargers are built for any environment and feature a modular power unit design that allows the charger to quickly be upgraded from 25kW to 50kW and 75kW of power. The power units are also single-person operable so they can be easily changed in the field for faster maintenance and improved uptime.

“This project is a shining example of integrating solar, battery storage, and DC fast charging to help fast food restaurants serve a rapidly expanding EV driver customer base. These are the types of innovative solutions that have a double benefit – decarbonizing the planet in the long-term, while creating more resilient businesses in the short-term,” said Mike Calise, President of Americas at Tritium. “We’re pleased to have worked with ChargeNet, SGIP, and CALeVIP to make this project possible, providing the Diversified Restaurant Group with a solution that’s revenue positive from the start.”

About Tritium

Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium’s compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.

As announced on May 26, 2021, Tritium has entered into a definitive agreement with DCRN for the Business Combination, that would result in Tritium becoming a publicly listed company. Completion of the Business Combination is subject to customary closing conditions.

For more information, visit tritiumcharging.com.

About ChargeNet

ChargeNet Stations’s software platform makes it seamless for Quick Serve Restaurants to offer customers a superior EV charge up experience while satisfying their hunger. ChargeNet’s hardware-agnostic SaaS platform, ChargeOpt, optimizes EV chargers, renewable energy, and Point-of-Service retailer offerings to turn parking lots into profit-centers.

Learn more about ChargeNet and follow their site progress at chargenetstations.com and follow them on Twitter @ChargeNetStnUS.


Contacts

Tritium Media Contact:
Sarah Malpeli
408-806-9626 ext 6840
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Tritium Investor Contact:
Caldwell Bailey
ICR, Inc.
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ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC), a leading provider of distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets in the public and private sectors, today announced that it has entered into a 5-year extension to an existing distribution agreement (the “Agreement”) valued at approximately $125 million with a global aircraft engine manufacturer (“OEM”).


Under the terms of the Agreement, VSE Aviation will remain the worldwide exclusive distributor of new fuel control systems and associated spare parts to the business and general aviation as well as rotorcraft markets for a leading global OEM. VSE expects to support more than 15,000 aircraft currently in operation worldwide with on-demand, flight-critical components on a 24/7 basis to support scheduled engine overhaul activity, line maintenance and AOG (aircraft on-ground) events. The agreement excludes Japan-based customers.

The Agreement and partnership, which was initially scheduled to terminate in 2024, has been extended through 2029. VSE currently expects total working capital investments under the extended Agreement to decline versus historical levels, with no impact to current customer support levels. Annual revenue contributions under the Agreement are anticipated to approximate the prior-year period.

“This contract extension further solidifies our successful, long-term relationship with a valued global OEM partner, one who values our technical expertise, services capabilities and depth of experience managing complex global distribution programs,” stated John Cuomo, President and CEO of VSE Corporation. “We are pleased by the opportunity to further support this OEM and look forward to leveraging our unique value proposition as a supplier of choice to our growing global base of BG&A customers.”

“At a strategic level, VSE Aviation continues to build a multi-year pipeline of higher-value contractual revenue with both new and existing partners,” stated Ben Thomas, VSE Aviation President. “The continuation of this important, decades long OEM relationship serves to strengthen our core business, while further positioning us to become the leading integrated supplier of flight-critical systems and MRO services to the global business and general aviation market.”

ABOUT VSE CORPORATION

VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets for government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE’s services and products, visit us at www.vsecorp.com.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause VSE’s actual results to vary materially from those indicated or anticipated by such statements. Many factors could cause actual results and performance to be materially different from any future results or performance, including, among others, the risk factors described in our reports filed or expected to be filed with the SEC. Any forward-looking statement or statement of belief speaks only as of the date of this press release. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.


Contacts

INVESTOR RELATIONS
Noel Ryan | Phone: 720.778.2415 | This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared the quarterly cash distribution paid to limited partners holding Enterprise common units with respect to the third quarter of 2021 of $0.45 per unit, or $1.80 per unit on an annualized basis.


The quarterly distribution will be paid Friday, November 12, 2021, to unitholders of record as of the close of business Friday, October 29, 2021. This distribution represents a 1.1 percent increase over the distribution declared with respect to the third quarter of 2020.

Enterprise will announce its earnings for the third quarter of 2021 on Tuesday, November 2, 2021, before the New York Stock Exchange opens for trading. Following the announcement, the partnership will host a conference call at 9 a.m. CT with analysts and investors to discuss earnings. The call will be webcast live on the Internet and may be accessed through the “Investors” section of the partnership’s website at www.enterpriseproducts.com. A replay of the webcast will be available for one week following the conference call and may be accessed approximately one hour after completion of the call.

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and import and export terminals; crude oil gathering, transportation, storage and terminals; petrochemical and refined products transportation, storage and terminals; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets currently include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, petrochemicals and refined products; and 14 billion cubic feet of natural gas storage capacity.

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of Enterprise’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Enterprise’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprise’s reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.


Contacts

Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745
Rick Rainey, Media Relations (713) 381-3635

New integration reaffirms ecobee’s commitment to an open ecosystem, making it one of the best smart thermostats for Apple users

TORONTO--(BUSINESS WIRE)--Today, ecobee announced that Siri is coming to the SmartThermostat with voice control with a free software update. Customers will be able to use Apple’s intelligent assistant to say “Hey Siri” to their ecobee SmartThermostat and get hands-free help setting the temperature, sending an intercom message, and more. The software update is beginning to roll out now and will be available over the next few weeks for all ecobee SmartThermostat customers.



By design, the SmartThermostat will send these requests through a customer’s HomePod mini on the same network, providing a level of privacy customers have come to expect from Apple. Users can also control the SmartThermostat using the Home app.

“We’re excited that customers will be able to talk to Siri directly from ecobee’s SmartThermostat with voice control, offering Apple customers a more seamless experience throughout the home. With every advancement to our products, we hope to make our customers’ lives better, with devices that bring even more comfort and convenience to each day. This new integration brings that promise to life by opening up new ways for our customers to control their home with our SmartThermostat,” said Stuart Lombard, ecobee Founder and CEO.

The addition of Siri demonstrates ecobee’s commitment to an open ecosystem, with all the leading smart home ecosystems compatible with the ecobee SmartThermostat. The sustainable smart home leader understands access to intelligent assistants such as Siri helps ecobee SmartOwners manage their busy lives with ease and is committed to evolving its privacy-focused voice experience.

ecobee’s SmartThermostat delivers comfort and increased energy savings that you can control with your voice or mobile device. It is also ENERGY STAR certified and can help customers save up to 26% annually on their heating or cooling costs, compared to a hold of 72°F/22°C.

Pricing, Availability and Compatibility

The ecobee ENERGY STAR-certified SmartThermostat with voice control ($249.99 USD) is available to purchase on ecobee.com, through select retail partners including Amazon, Lowes, Home Depot and Best Buy, or an ecobee certified installer. The device comes with one SmartSensor in the box with additional sensors available for purchase in packs of two. SmartThermostat learns and adapts to your schedule for enhanced comfort and reduced energy use. Across North America, there are millions of connected ecobee thermostats that have an average lifespan of over 10 years.

An Apple HomePod mini and an iPhone with iOS 15 or later are required to enable Siri on SmartThermostat. Customers can also connect to and control the SmartThermostat using the Home app. For more information, visit Apple Support.

Built-in voice control with Amazon’s Alexa is also available. ecobee SmartThermostats are compatible with most homes in North America. Check if your home is compatible at ecobee.com/compatibility.

About ecobee

ecobee Inc. was founded in 2007 by Stuart Lombard with a mission to improve everyday life while creating a more sustainable world. Since launching the world’s first smart thermostat, ecobee has helped customers across North America save more than 20 TWh of energy, which is the equivalent of taking all the homes in Los Angeles off the grid for a year. Today, ecobee continues to be an independently held company that innovates with smart home solutions that solve everyday problems with comfort, security, and conservation in mind. With ecobee’s award-winning products, including the SmartThermostat with voice control and SmartCamera with voice control, ecobee continues to encourage SmartOwners to imagine what home could be. For more information, visit ecobee.com.


Contacts

Press:
Fatima Reyes, Senior Communications Manager, ecobee
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  • As direct emissions continue to rise, the quarterly MSCI Net-Zero Tracker reveals publicly listed companies will burn through their 1.5°C emissions budget within five years of COP26
  • MSCI releases the top 10 publicly listed companies with the largest footprint of Scope 1, 2 and 3 emissions

NEW YORK--(BUSINESS WIRE)--The Paris Agreement climate targets are increasingly out of reach as the world’s publicly listed companies will cause global temperatures to rise by 3°C, according to the latest MSCI Net-Zero Tracker.

With less than 10% of public companies aligned with a 1.5°C temperature rise threshold, the global carbon budget to limit global warming to 1.5°C will be exhausted by November 2026. This timeframe has moved forward by five months in just 90 days since the launch of the Net-Zero Tracker in July.

Henry Fernandez, Chairman and Chief Executive Officer, MSCI, comments: “The findings of the MSCI Net-Zero Tracker should dramatically increase the world’s sense of urgency to reduce greenhouse gas emissions. As the extreme weather events of 2021 have reminded us, climate change is not a ‘potential’ problem 30 or 40 years down the road. It is a clear and present danger to our way of life right now. What we do over the next half-decade — and especially at COP26 in Glasgow — could make the difference between avoiding or experiencing the worst climate impacts. We urge firm action rather than words at COP26 to divert the world from an imminent crisis and chart a path toward a sustainable future.”

Emissions set to rise by 6.7% in 2021

The rapidly shrinking timeframe is being driven by the significant rise in greenhouse gas emissions from public companies as global economic activity rebounds.

The Net-Zero Tracker, a quarterly gauge of climate change progress across a global universe of 9,300 public companies based on the MSCI All Country World Investable Market Index (ACWI IMI), finds that company emissions are set to rise by 6.7% this year.

No sector or region is safe

The Net-Zero Tracker also finds that less than half of listed companies are aligned with a 2°C temperature rise. No sector or region is aligned with the 2°C target. Even low emitting industries such as health care, information technology and financial services have outliers consuming a disproportionate share of their industry’s remaining budget.

From a regional perspective, although companies in developed economies are projected to become more carbon-efficient this century, every region is still emitting in excess. The problem is most extreme in Emerging Markets (EM) EMEA, where the implied temperature rise of listed companies is 4.8°C, followed by EM Americas and EM Asia, which are set to rise by 3.8°C and 3.4°C, respectively. To address this, companies need to cut their absolute carbon emissions by 10% a year on average. However, from 2016 to 2020, less than a quarter of the world’s publicly listed companies managed this feat.

Major gaps in disclosure of emissions — the laggards revealed

As investors and policymakers seek new levels of transparency on emissions, the latest Net-Zero Tracker shows:

  • Saudi Arabian Oil Company, Gazprom PAO and Coal India Limited are the top three listed companies with the largest carbon footprint
  • Shaanxi Coal Industry Company Ltd is the largest emitter to not disclose any of its greenhouse gas emissions
  • GlaxoSmithKline plc, H&M Hennes & Mauritz and Électricité de France S.A. are listed in the top 10 companies that have published the most thorough emissions-reduction targets
  • Gazprom PAO, A.P. Møller – Mærsk A/S and Toyota Industries Corporation reported additional scopes in the previous quarter and are now reporting all company emissions across most of the relevant categories (i.e., Scope 1, 2 and 3)

Remy Briand, Global Head of ESG and Climate at MSCI, adds: “While it is encouraging that some of the world’s largest listed companies are taking important steps by broadening their emissions reporting and setting decarbonization targets, the Net-Zero Tracker shows that major gaps still remain as many are failing to disclose this crucial information. Climate disclosures are critical for investors to help them assess the carbon intensity of companies, to model climate-related financial risk and the impact on the performance of portfolios, and to allocate capital accordingly. Without accurate disclosures, the chances of companies and investors reaching net-zero is a distant reality. We call on policymakers and financial regulators at COP26 to make climate-related disclosures based on international standards mandatory.”

About MSCI Inc.

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.

Notes to Editors
*Gigaton is equal to a billion tons

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI’s Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW.


Contacts

Media Inquiries
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Sam Wang +1 212 804 5244
Melanie Blanco +1 212 981 1049
Laura Hudson +44 (0) 207 336 9653

MSCI Global Client Services
EMEA Client Service + 44 20 7618.2222
Americas Client Service +1 888 588 4567 (toll free)
Asia Pacific Client Service + 852 2844 9333

RENFREW, Scotland--(BUSINESS WIRE)--Howden, a leading global provider of mission critical air and gas handling products, technologies and services, has entered into an agreement with EnPro Industries (NYSE: NPO) to acquire Compressor Products International (“CPI”), a leading provider of aftermarket components and services to the global reciprocating compressor market. This will be Howden’s sixth acquisition in 2021 and is expected to close following customary regulatory clearances and approvals.



CPI, headquartered in Houston, Texas, USA, has a diverse, global blue-chip customer base with sales primarily in North America, Europe and Asia. It is a manufacturer of precision-engineered, custom aftermarket products and its broad product offering is critical to the longevity, efficiency and safety of reciprocating compressors.

The acquisition of CPI is well aligned with Howden’s strategy of expanding its global aftermarket presence in the compressor market. By leveraging CPI’s strategically located service centres, Howden will expand its aftermarket services and coverage across North America and Europe. CPI’s valves and aftermarket products are complementary and strategically important additions to Howden’s existing aftermarket compressor technology portfolio. As a result of this acquisition, Howden’s addressable markets will increase by $1 billion.

As part of Howden, CPI will be able to access growth opportunities through additional technology support from Howden and by leveraging Howden’s existing global distribution and services network in China, Asia Pacific and South Africa. With CPI’s predominantly aftermarket revenues, this acquisition will be accretive to both Howden’s aftermarket mix and overall margins.

This acquisition also reinforces Howden’s role in supporting the ongoing energy transition towards renewable sources of energy. Reciprocating compression technology is critical to the energy transition, with applications in hydrogen production and infrastructure as well biofuel production. Howden will leverage CPI’s reciprocating compressor technology to support customers through the energy transition in these critical applications.

Ross Shuster, CEO of Howden, commented: “CPI’s technology, expertise and aftermarket presence, is an excellent fit within Howden, and will allow us to best serve customers looking to improve the performance and extend the life of their vital compressor assets across a wide range of industries.

The synergies for both organisations and the positive impact for the combined customer base is significant. We look forward to welcoming the CPI team into Howden upon closing of the transaction.”


Contacts

Devan LaBrash / Holly Kidd
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+44 (0) 7741 614756 / +44 (0) 7590 405915

  • 50%/50% joint venture to evaluate U.S. Gigafactory production of clean, next-generation battery cells for energy storage system, mobility, and electric vehicle applications
  • Joint venture has secured a direct strategic license from U.S.-based 24M Technologies
  • $70 million joint investment in 24M Technologies and the JV’s licensing agreement provide for equity ownership in 24M and deep strategic, operational, and financial alignment
  • Joint venture to also evaluate advanced battery technologies for future commercialization
  • Joint venture further enhances FREYR’s strategy to develop battery cell production capacity leveraging renewable energy and the emerging localized supply chains 
  • Evaluating development of an initial 50GWh of annualized capacity in the U.S. by 2030 with a goal of reaching Final Investment Decision on the first Gigafactory in 2022
  • Joint venture seeks to provide FREYR with a strategic battery production footprint from multiple locations providing added sourcing flexibility for an increasing number of customers
  • Collaboration and partnership with 24M’s SemiSolid™ technology, which simplifies the production process, enabling capital efficient manufacturing of batteries with larger and thicker electrodes at scale

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced the formation of a joint venture (“JV”) in the United States between Koch Strategic Platforms (“KSP”) and FREYR. The JV, which has a 50%/50% ownership structure, has been established to develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the U.S. based on 24M Technologies (“24M”) SemiSolid™ platform technology. The scale and scope of the targeted development would position the JV as one of the largest battery cell manufacturers in the U.S., using American-borne technology and the sustainable innovation of a premier U.S.-based, global industrial partner in KSP. This venture further progresses FREYR’s strategic focus of developing clean, localized battery cell production and supply chains to catalyze emerging energy technology adoption.


“Today’s announcement marks a significant milestone for FREYR as we advance our expansion strategy through the U.S. joint venture with KSP,” said Torstein Sjøtveit, FREYR’s Executive Chairman. “Our entire team is looking forward to collaborating with our U.S.-based strategic partners at Koch and 24M to bring clean, next-generation battery cell production to the U.S. at commercial scale.”

“We are pleased to announce the formation of the joint venture with FREYR and our investment in U.S.-based 24M,” said David Park, president of Koch Strategic Platforms. “This initiative could create jobs here in the U.S. and foster continued adoption of transformative energy technology.”

“KSP conducted diligence on the FREYR investment beginning in January 2021 when we participated as the largest investor in their PIPE offering. We are confident in the prospects of signing significant commercial offtake agreements in both the energy storage and EV sectors that will enable us to select a Gigafactory location in the U.S. next year,” said Jeremy Bezdek, managing director of KSP and FREYR board director.

In conjunction with the agreement, KSP and FREYR have invested $70 million in convertible promissory notes with 24M, under which KSP and FREYR will initially invest $50 million and $20 million, respectively. Upon closing of the convertible note financing, the JV entered into a new licensing agreement with 24M that will enable the JV to deploy 24M’s SemiSolid™ platform technology with conditional limited exclusivity in the U.S.

“We are delighted to enhance our deep strategic partnership with FREYR and establish a new collaboration with a globally-respected industrial player in Koch,” added Naoki Ota, President and CEO of 24M. “The investment in 24M and expanded licensing agreement validate our battery technology leadership and offer potential deployment at commercial scale in the U.S.”

The JV will leverage 24M’s SemiSolid™ technology, which dramatically reduces the number of steps required to manufacture battery cells while still using conventional lithium-ion raw materials. The SemiSolid™ production platform enables capital and operating cost savings as well as expanded opportunities to recycle materials. Using the 24M technology platform, the JV will have the flexibility to provide next-generation batteries of various sizes and chemistries at commercial scale.

“The establishment of the U.S. JV with KSP and the associated investment in 24M are transformational developments for FREYR,” commented Tom Jensen, FREYR’s Chief Executive Officer. “These agreements increasingly position FREYR as a leader in modularized production of next-generation battery cells at scale. We are now taking formal steps to offer localized battery supply complementing our initial Norwegian offering to the exponentially growing U.S. market. We are very excited to deepen our key strategic relationships with Koch and 24M as we accelerate our work to establish a substantial commercial production footprint in the U.S.”

Today’s announcement follows FREYR’s press release on June 11, 2021, which outlined the Company’s negotiations with a major multinational conglomerate to develop battery production facilities in North America; and KSP’s prior investment in the business combination transaction between FREYR AS and Alussa Energy Acquisition Corp. completed on July 9, 2021.

Conference Call
FREYR and KSP will conduct a conference call today, Tuesday, October 12th, 2021, at 10:30 am EDT/4:30 pm CEST to discuss today’s announcement. The presentation material will be available to download at http://freyrbattery.com.

To access the conference call, listeners should contact the conference call operator at the appropriate number listed below approximately 10 minutes prior to the start of the call.

Dial in information:

United Kingdom: +44 3333000804
United States: +1 6319131422
Switzerland: +41 225809034
Spain: +34 935472900
Norway: +47 23500243
Luxembourg: +352 27300160
Hong Kong: +852 30600225
Germany: +49 6913803430
France: +33 170750711
Denmark: +45 35445577
Canada: +1 4162164189

Participant pin code: 45399424#

A webcast of the conference call will be broadcast simultaneously. Attendees may access the webcast at https://streams.eventcdn.net/freyer/freyr-project-leif

About FREYR Battery
FREYR is a producer of clean battery solutions for a better planet. Listed on the New York Stock Exchange, FREYR’s mission is to accelerate the decarbonization of energy and transportation systems globally as one of Europe’s largest clean battery suppliers. To learn more about FREYR, please visit www.freyrbattery.com.

About Koch Strategic Platforms
With offices in Atlanta and Wichita, KSP desires to be the preferred investment partner of growth focused, strategic companies who are innovating in industries with disruptive potential. Created in 2020, the KSP team pursues public and private investments with companies where long-term mutual benefit can be realized. https://www.kochind.com/

About 24M Technologies
24M answers the world’s need for affordable energy storage by enabling a new, more cost-effective solution — SemiSolid™ lithium-ion technology. By re-inventing the design of the battery cell as well as the manufacturing method, 24M solves the critical, decades-old challenge associated with the world’s preferred energy storage chemistry: reducing its high cost while improving its safety, reliability, and performance. Founded and led by some of the battery industry’s foremost inventors, scientists, and entrepreneurs, 24M is headquartered in Cambridge, Mass. For more information, please visit www.24-m.com.

Forward-looking Statements
All statements, other than statements of present or historical fact included in this press release, including, without limitation, statements regarding the development, timeline, capacity and utility of FREYR’s and/or the JV’s Gigafactories, the development and commercialization of 24M’s SemiSolid™ technology, FREYR’s and / or the JV’s manufacturing capacity relative to other market participants and the development of customer and offtake relationships are forward-looking and involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Most of these factors are outside FREYR’s control and difficult to predict. Information about factors that could materially affect FREYR is set forth under the “Risk Factors” section in FREYR’s Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC") on August 9, 2021, as amended, and in other SEC filings available on the SEC’s website at www.sec.gov.


Contacts

FREYR Battery contact information
For investor inquiries, please contact:
Jeffrey Spittel, Vice President, Investor Relations
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Tel: (+1) 281-222-0161

For media inquiries, please contact:
Katrin Berntsen
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Tel: (+47) 920 54 570

Koch Industries contact information
Christin Fernandez, Director of Communications
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202-879-8546

24M Technologies contact information
Pang Tan, VP of Business Development
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Tel: (+1) 617-553-1012

An Alberta Energy Services Company, AiM has net-zero greenhouse gas emissions through its business operations.

CALGARY, Alberta--(BUSINESS WIRE)--AiM, an Alberta Energy Services company, today announced that they have achieved net-zero greenhouse gas emissions throughout its business operations.



AiM has spent ten months conducting extensive analysis and working with experts to produce a net-zero plan for its Canadian based operations. AiM became a net-zero GHG emitter positioning them as the only company in Canada, within their service sector, to achieve this status.

“The desire to combat climate change is not going away, in fact it’s even more prevalent today than ever before. A key to tackling climate change is reducing the amount of GHG being put into the air, we are aware of this and wanted to combat this problem,” said AiM‘s founder and Vice President Lane Boisjoli.

Mike Bailey, President of AiM, added: “We’re still at the very beginning of the transition of creating a better, cleaner planet and we plan to work closely with our clients to put similar practices into production in order to lead them towards becoming net-zero.”

As an active leader in their industry, AiM is offering a free consultation of services to other energy companies to assist in achieving net-zero status. This will actively encourage other energy services companies to follow suit and in turn positively impact our global environment contributing to positive climate change.

ABOUT AiM LAND

AiM is a full-service land, environment, indigenous and sustainability consulting firm with innovative and expert solutions within their service sector. Offering expertise for a broad spectrum of major energy projects across Canada and the United States, AiM utilizes leading edge technology to reduce costs, improve communications, and ultimately deliver the projects with maximum efficiently. Their strong and dynamic team brings extensive knowledge experiences to each project. Learn more about AiM at https://aimlandservices.com and Our Net Zero Initiative.

Contact me to get the full story or to set up an interview. I am happy to explain why we, as a Canadian Energy Service Company, chose to be a Leader in reducing the effects of climate change by going net-zero.


Contacts

Lane Boisjoli
Vice President

D: 403.648.5401 M: 403.660.4057
O: 403-452-3713 F: 403-452-3769
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
aimlandservices.com
LinkedIn | Facebook | Instagram

CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO), an industrial technology company, today announced agreements for the sale of its Compressor Products International (CPI) business unit (and exclusive negotiations with respect to the French operations of the CPI business unit) to Howden Group, a leading global provider of mission critical air and gas handling products and services with headquarters in Glasgow, UK. The aggregate purchase price for the transaction is $195 million, subject to typical closing date adjustments. CPI is a leading provider of manufactured products and services for reciprocating compressors primarily serving the global petrochemical and oil & gas industries. The purchase price equates to approximately 10.4x adjusted LTM EBITDA. The transaction is subject to customary closing conditions, including regulatory reviews, and is expected to close in the first quarter of 2022.


This strategic action continues Enpro’s portfolio transformation toward niche industrial technology products and services, with a focus on faster growing end-markets such as semiconductor, photonics, food and pharma, and aerospace.

“We would like to thank the CPI team for their countless contributions to Enpro over the last 15 years and wish them continued success with Howden,” said Eric Vaillancourt, Interim President and CEO of Enpro. “This transaction bolsters our already strong balance sheet as we continue to invest in our growth priorities to drive sustainable long-term value for the benefit of our shareholders, employees and other stakeholders.”

CPI is included in Enpro’s Engineered Materials segment. Following the completion of the divestiture, the segment will be composed of GGB, an engineered polymer bearings solutions business, and Garlock Pipeline Technologies (GPT), a provider of mechanical solutions for pipeline customers.

Robert W. Baird & Co is serving as the exclusive financial advisor to Enpro. Robinson Bradshaw is Enpro’s lead legal counsel with Bird and Bird supporting internationally.

About Enpro

Enpro is an industrial technology company focused on niche applications across many end-markets, including semiconductor, photonics, industrial process, aerospace, food and pharma and life sciences. For more information about Enpro, visit the company’s website at http://www.enproindustries.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. The words “expect,” “anticipate,” “plan,” “target,” “project,” “believe” and similar expressions identify forward-looking statements. Forward-looking statements include, without limitation, statements about whether or when the transaction will be consummated and the anticipated timing thereof; the application of the anticipated net proceeds thereof; expected financial position; business strategy; operating plans; and capital and other expenditures, plans and objectives. These statements are only predictions. Enpro cautions that these statements are based on current estimates of future events and are highly dependent upon a variety of factors, which could cause actual results to differ from these estimates. Enpro cautions the reader that there are a variety of risks, uncertainties and other factors that could cause actual results to differ materially from what is contained, projected or implied by its forward-looking statements. The potential risks and uncertainties include, among others, the possibility that necessary regulatory approvals may not be obtained or that other conditions to closing the transaction may not be satisfied such that the transaction will not close or that the closing may be delayed; general economic conditions; the possibility of unexpected costs, liabilities or delays in connection with the transaction; risks that the transaction disrupts current plans and operations of Enpro; the ability to recognize the benefits of the transaction; the amount of the costs, fees, expenses and charges related to the transaction; the outcome of any legal proceedings that may arise with respect to the Transaction; and the occurrence of any event, change or other circumstances that could give rise to the termination of the relevant agreements for the sale of CPI. In addition, all forward-looking statements should be read in conjunction with Enpro’s documents filed with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2020 and its Quarterly Report on Form 10-Q for the period ended June 30, 2021. These filings identify important risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements. These risk factors may not be exhaustive. Further, Enpro operates in a continually changing business environment and cannot predict new risk factors that may arise as a result of these changes. Statements in this press release speak only as of the date hereof. Enpro disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason.


Contacts

Investor Contacts:
James Gentile

Vice President, Investor Relations

Jenny Yee
Corporate Access Specialist

Phone: 704-731-1527
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PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) awarded the Company a four-year, $19.5 million, single-award contract to implement the Water and Energy for Food (WE4F) Southern and Central Africa Regional Innovation Hub in collaboration with Open Capital Advisors and the International Water Management Institute. WE4F focuses on scaling water-energy-food nexus innovations to enhance sustainable food production; increase income for marginalized populations; and promote biodiversity, climate, and environmental resilience.

Tetra Tech energy specialists will support the development and management of the Regional Innovation Hub to identify water-energy-food nexus companies throughout the region. Tetra Tech will support these companies to grow their operations through customized technical assistance that will increase food production through sustainable water and energy usage.

“Tetra Tech has supported USAID’s energy reform programs—including utility modernization and deployment of advanced off-grid power solutions—in Sub-Saharan Africa for more than 30 years,” said Dan Batrack, Tetra Tech Chairman and CEO. “We look forward to continuing to use our Leading with Science® approach to create sustainable water and clean energy solutions that build climate resilience and economic prosperity.”

About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.


Contacts

Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
(626) 470-2844

New two-year agreement builds on initial strategic partnership using Industrial DataOps platform Cognite Data Fusion to optimize well design and workflows

AUSTIN, Texas--(BUSINESS WIRE)--#Data--Cognite, a leader in industrial innovation announced today that it has signed a multi-year agreement with bp (NYSE: BP) to use Cognite's industrial dataops solution Cognite Data Fusion™ to empower its engineers and domain experts with better access to contextualized data in order to increase efficiency and sustainability of well operations.


“bp is pleased to extend our strategic partnership with Cognite to focus on optimization through contextualized data,” says Ahmed Hashmi, Senior Vice President Digital, Production & Business Services, bp. “Our collaboration using Cognite Data Fusion in our Well Delivery Workbench will empower well planners, engineers, and rig site operations teams to optimize well design and execution workflows. This will create a greater focus on safe delivery, improved design quality, and increased efficiency.”

“bp continues to reimagine energy through bold digital solutions and we are glad to play a role as Cognite Data Fusion offers a single consolidated well data layer to increase efficiencies and sustainability,” says Francois Laborie, Cognite North American President. “Both Cognite and bp are dedicated to transforming industry through digital innovation.”

About Cognite

Cognite is a global industrial SaaS company that was established with one clear vision: to rapidly empower industrial companies with contextualized, trustworthy, and accessible data to help drive the full-scale digital transformation of asset-heavy industries around the world. Our core Industrial DataOps platform, Cognite Data Fusion™, enables industrial data and domain users to collaborate quickly and safely to develop, operationalize, and scale industrial AI solutions and applications to deliver both profitability and sustainability. Visit us at www.cognite.com and follow us on Twitter @CogniteData or LinkedIn: https://www.linkedin.com/company/cognitedata.


Contacts

Michelle Holford
Global PR Lead - Cognite
+15127443420 (US)
+4748290454 (Norway)
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Monitoring and Service Solutions to Drive Recurring Revenue

TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol" or the "Company"), a leader in smart building technologies, is providing its customers with new building automation controls and monitoring solutions for water conservation, including building-level and in-suite technology.


“The core of our growth strategy is to capture additional market share in each building in our operating footprint, while scaling across our customer portfolios,” said Paul Ghezzi, CEO of Kontrol. “Our customers seek a unified platform to better manage their buildings and critical energy infrastructure, including the increasingly important water monitoring vertical. The more technology Kontrol deploys to provide real-time data and controls for important infrastructure and utilities, the greater our ability to deliver value to our customers, and ultimately to our shareholders.”

A New Regulated Market

Kontrol is entering the water reporting, monitoring and conservation market due to increasing regulations and the importance of reducing water waste. It is typical that most large buildings report their annual water usage and water conservation plans. Importantly, areas that are impacted by drought measures can also include regulated conservation.

Integration with Global HVAC and Automation

Through integration with its latest acquisition of Global HVAC and Automation (“Global”), Kontrol will offer its customers smart meters and sensors on its unified SmartSite platform. Smart water meters are an important tool to help end users optimize water resource, monitor for leaks, and provide real-time service, however they often lack an easy to use and unified platform.

“This new opportunity is an example of our continued integration with Global’s operations,” continued Ghezzi. “Prior to the acquisition, Global was outsourcing all building technology to third parties. We are now working diligently to bring those opportunities in-house and add to what is being offered to customers on a recurring basis.”

Recurring Revenues

As the Company deploys its technology to aggregate data, monitor and provide smart learning opportunities to optimize buildings in real-time, it seeks to create recurring revenues through both software and service. Customers can benefit from remote shutoff capability, data visualization, leak monitoring and overall consumption measured against conservation measures.

New Construction and Building Retrofit

With the completion of the Global acquisition, the Company can now offer solutions both in the new construction and retrofit market.

About Kontrol Technologies Corp.

Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

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Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.


Contacts

Kontrol Technologies Corp.
Paul Ghezzi
CEO
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180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: (905) 766.0400

Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
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Tel: +1 (949) 546-6326

SE Ventures, Schneider Electric’s venture capital fund, joins MCJ Collective and existing investors to fund smarter, cleaner energy solutions

NEW YORK--(BUSINESS WIRE)--WattBuy, a clean energy platform that empowers consumers to choose more sustainable, affordable energy options, today announced it has raised $10 million in additional investment for its Series A round of funding. This raise is led by SE Ventures, a venture capital fund backed by Schneider Electric, along with MCJ Collective. Existing investors also participating in this round include Evergy Ventures, Updater, Powerhouse Ventures, Techstars Ventures, Avesta Fund and Yoav Lurie, bringing WattBuy’s total Series A raise to $13.25 million.


Each investor brings a significant track record of supporting early-stage climate tech startups across a wide range of sectors.

“While we were not planning to extend our Series A, the tremendous interest from partners like Schneider Electric and MCJ Collective that play a pivotal role in our future growth plans was impossible to ignore,” said Naman Trivedi, CEO and co-founder of WattBuy. “We value the commitment of these industry leaders to help us fundamentally reshape how consumers make energy decisions and support our mission of becoming the ‘everything platform’ for energy.”

The expansion of WattBuy’s Series A round follows significant customer growth over the last 12 months.

“We’re finding that companies across a growing number of verticals want to present climate-friendly, cost-saving solutions to their customers,” said Ben Hood, WattBuy’s co-founder and chief technology officer. “We’re the embedded solution that enables some of the biggest brands and enterprises in the world to provide that intelligent, seamless experience to their customers.”

“WattBuy is enabling enterprises in any industry to launch their own branded energy marketplaces to help consumers access affordable and clean energy options for their homes; which is an incredibly attractive value proposition for businesses with strong brands and a loyal customer base,” said Brock Smith, Managing Director at Evergy Ventures. Partners include market-leading Internet of Things platforms like Samsung SmartThings, personal finance applications like Intuit Mint and real estate platforms like Updater.

“We’re thrilled to be partnering with WattBuy at this inflection point and to help position the company’s technology as a foundational energy data fabric, helping consumers make smarter and ultimately cleaner energy choices,” said Grant Allen, general partner at SE Ventures, a venture capital fund backed by Schneider Electric with $600M under management. “We are always on the hunt for mission-oriented entrepreneurs aligned with Schneider Electric’s vision for a sustainable, all-electric future, and we’ve certainly found that in Naman and Ben.”

The funds from this round will enable WattBuy to double its team, expanding in product, data science and business development. Additionally, the company will soon launch a new solar service that provides residents across the country with community and rooftop solar options. Further, WattBuy will continue to build personalized energy products, services and tools for its engaged customers to unlock the potential of distributed energy resources.

“We need the clean energy and climate tech industries to evolve rapidly if we are going to meet the urgency of the climate crisis,” said Jason Jacobs, founder at MCJ Collective. “I’m proud to stand behind WattBuy’s goal of ensuring that clean, renewable energy is widely available, affordable and accessible to everyone.”

WattBuy also announced the hiring of Bobby Tulsiani as the company’s first Chief Financial Officer. Tulsiani joins WattBuy after serving as the head of strategy and finance at Opendoor and director of corporate planning and analysis for Netflix. Earlier in his career, Tulsiani held product management roles for Barnes & Noble and AOL.

"Since the company's earliest days, WattBuy has demonstrated not only an ability to offer cleaner electricity choices, but also a path to upend how consumers and businesses interact with energy providers," said Emily Kirsch, Founder and Managing Partner at Powerhouse Ventures. "The overwhelming level of investor interest in this round reflects the strong traction that WattBuy's API and channel partnerships have enabled."

Since its founding in 2017, WattBuy has raised a total of $16 million in venture funding.

About WattBuy

WattBuy empowers consumers to make smarter, cleaner energy choices through its marketplace of electricity solutions. The company's comprehensive set of APIs helps leading personal finance companies, real estate platforms, energy services businesses and more provide their customers with clean energy solutions and personalized energy analytics. For more information about WattBuy, please visit https://wattbuy.com/.

About Schneider Electric

At Schneider, we believe access to energy and digital is a basic human right. We empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment. We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries. We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate about our Meaningful Purpose, Inclusive and Empowered values.

www.se.com


Contacts

Steve Smith
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  • Bushel has acquired GrainBridge, a joint venture owned by ADM and Cargill Incorporated.
  • ADM joins Cargill on Bushel’s platform, working with their respective customers to transition from GrainBridge to the Bushel platform over time.
  • The acquisition will further connect the grain industry creating a network effect for more than 40% of the grain origination in the U.S. and Canada.
  • Increased data science capabilities and a larger network will improve decision-making for grain marketing, further strengthening relationships between farmers and local elevators of all sizes.

FARGO, N.D.--(BUSINESS WIRE)--Bushel, an independently owned software technology company focused on developing solutions for the grain supply chain, today announced its acquisition of GrainBridge, LLC, a joint venture owned by ADM and Cargill Incorporated.



GrainBridge employees will join the Bushel team and remain based in Omaha, Neb. Their data expertise will help to further strengthen the end-to-end capabilities of the Bushel platform and enable Bushel’s customers to better serve their farm customers. ADM and Cargill will be working with their customers to transition to the Bushel platform providing a more expansive offering.

“Innovation is one of the pillars of ADM’s strategy, and we’re committed to continually improving and expanding digital technology to help support the producers who grow our food,” said Doug Roose, Vice President Producer Marketing, ADM. “In 2019 we were proud to announce GrainBridge, a joint effort with Cargill to bring together new and useful tools for farmers in a single, easy-to-use digital platform. Now, we’re excited to take the next step: Bringing GrainBridge and Bushel together will give farmers a path to new features and functionality, including existing staples like the ability to see local cash bids and account information. This is a win for producers, and it’s a win for our industry, as we continue to innovate and improve to strengthen the entire food and ag value chain.”

ADM joins Cargill and more than 200 other local country cooperatives, processors, feed mills, ethanol plants, and other biofuel companies who are collaborating in building the industry’s largest digital infrastructure network.

The acquisition complements Bushel’s strategic focus to enable, not disrupt, the agriculture industry and lead it into the digital age with strategies that solve real pain points and provide value for all stakeholders in the ag and food value chain. By providing permission-based data sharing and visualization, there will be improved data-based decision-making. These connections can support all points of the supply chain from grower to grain origination to consumer packaged goods (CPG companies).

Specific examples include:

  • Increased grower profitability at the field level through more data-driven decision-making. Bushel’s data insights capabilities will help educate grain buyers and sellers about forecasted trends and best practices related to grain marketing.
  • Increased visibility for food processors sourcing for specific traits such as higher protein or oil content within their customer base.
  • Verification to support sustainability credits and corporate targets for CPG companies through a “grain passport.”

“ADM and Cargill came together with GrainBridge to better understand the digital grain marketing landscape. This next step of bringing GrainBridge together with Bushel will provide better outcomes for farmers by improving their grain marketing and selling practices,” said Jeff Klock, Global Digital Strategy Leader, Cargill. “We look forward to continuing to engage with Bushel to continue our journey to understand and serve the market not just for today, but for the future.”’

Because both Bushel and GrainBridge collaborate with a number of different partners throughout the grain supply chain, this acquisition will continue to maintain the standard of permission-based control within the sharing of data. Both growers and grain buying facilities will maintain control over when and how their data will be shared throughout the supply chain. The partners who the grower and the grain facility choose to do business with are integrated directly into the software so the information is readily accessible and does not require manual data entry.

“The collaboration of the grain industry behind Bushel will lead to faster standardization, which leads to faster innovation. As an industry, it is more efficient to be working together and collaborating on resources to improve the North American grain trade,” said CEO Jake Joraanstad. “Adding the GrainBridge team members to Bushel gives us stronger data science capabilities to provide even better insights from our expanded network.”

Learn more:

To learn more, visit bushelpowered.com and grainbridge.com

About Bushel

Bushel is an independently owned software company and leading provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies, headquartered in Fargo, N.D. Since launching in 2017, Bushel’s platform has grown rapidly, now powering nearly 2,000 grain facilities across the U.S. and Canada with real-time business information for their producers. Bushel’s platform now reaches 40% of grain origination in the United States, resulting in inarguably the largest technology network effect among growers and grain buyers in the U.S. today. Bushel’s product suite includes its flagship mobile app, websites, trading tools, market feeds, API services, FarmLogs and a custom software division focused on agriculture. Bushel has been focused on building software since the company was founded in 2011. Data privacy is a cornerstone of Bushel’s philosophy. Read here Bushel’s Data Ethos.


Contacts

Bushel contact:
Julia Eberhart
Public Relations & Communications Manager
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(605) 690-1418
For sales and partnership inquiries:
Jeremy Johnson
Senior Partner
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(701) 371-1524

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