DUBLIN--(BUSINESS WIRE)--The "Clear Brine Fluids Market Research Report by Product, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Clear Brine Fluids Market size was estimated at USD 790.64 Million in 2020 and expected to reach USD 842.16 Million in 2021, at a Compound Annual Growth Rate (CAGR) 6.85% to reach USD 1,176.83 Million by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Clear Brine Fluids Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Clear Brine Fluids Market, including Albemarle Corporation, Cabot Corporation, GEO Drilling Fluids, Inc., Great Lake Solutions, Halliburton Company, LANXESS Aktiengesellschaft, Newpark Resources Inc., TETRA Technologies, Inc, and Zirax Limited.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Clear Brine Fluids Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Clear Brine Fluids Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Clear Brine Fluids Market?

4. What is the competitive strategic window for opportunities in the Global Clear Brine Fluids Market?

5. What are the technology trends and regulatory frameworks in the Global Clear Brine Fluids Market?

6. What is the market share of the leading vendors in the Global Clear Brine Fluids Market?

7. What modes and strategic moves are considered suitable for entering the Global Clear Brine Fluids Market?

Market Dynamics

Drivers

• High adoption CBF for extracting & drilling operations in petroleum and gas sector
• Growth in off-shore exploration activities
• Advancement of conventional clear brine systems

Restraints

• Stringent regulations and limitation on use of harmful chemicals

Opportunities

• Penetration in emerging markets
• Government support for Enhanced Oil Recovery (EOR)

Challenges

• Fluctuation in crude oil prices

Companies Mentioned

• Albemarle Corporation
• Cabot Corporation
• GEO Drilling Fluids, Inc.
• Great Lake Solutions
• Halliburton Company
• LANXESS Aktiengesellschaft
• Newpark Resources Inc.
• TETRA Technologies, Inc
• Zirax Limited

For more information about this report visit https://www.researchandmarkets.com/r/r2qmnu

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE). These cash distributions will be paid on August 16, 2021 to Series C, Series D and Series E unitholders of record as of the close of business on August 2, 2021.

The Series C, Series D and Series E preferred units were originally issued by Energy Transfer Operating, L.P. (“ETO”). On April 1, 2021, ETO merged into ET with ET surviving the merger. At the effective time of the merger, each issued and outstanding ETO preferred unit was converted into the right to receive one newly created ET preferred unit.

Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer website at energytransfer.com.

Forward Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. In addition to the risks and uncertainties previously disclosed, the Partnership has also been, or may in the future be, impacted by new or heightened risks related to the COVID-19 pandemic, and we cannot predict the length and ultimate impact of those risks. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

This release serves as qualified notice to nominees as provided for under Treasury Regulation section 1.1446-4(b)(4) and (d). Please note that 100 percent of Energy Transfer LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer LP’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

The information contained in this press release is available on our website at energytransfer.com.

Investor Relations:
Bill Baerg
Brent Ratliff
Lyndsay Hannah
214-981-0795

Media Relations:
Vicki Granado
214-840-5820

HOUSTON--(BUSINESS WIRE)--BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the “Trust”) (NYSE:SJT), today announced a status update to the monthly reporting by the owner of the Trust’s subject interests, Hilcorp San Juan L.P. (“Hilcorp”).

Hilcorp previously informed the Trust that it has only reported estimates of revenue and severance taxes applicable to the Trust’s subject interests for certain months due to Hilcorp’s ongoing transition to a new accounting system. As previously announced on July 20, 2021, Hilcorp’s May 2021 report included true-ups to the lease operating expense, property tax and capital cost categories for the production months of January 2021 through April 2021. However, the May 2021 reporting month was based on estimated revenue and severance tax. Therefore, Hilcorp will need to adjust the previously reported revenue and severance tax categories for the production months of January 2021 through May 2021 for operated wells.

On July 21, 2021, Hilcorp informed the Trust it was continuing to work internally on the revenue and severance tax reporting issues. Hilcorp was unable to confirm whether next month’s distribution would be based on estimated or actual revenue received and severance tax paid. Additionally, Hilcorp was unable to provide a specific timeline when the true-ups to the revenue and severance tax categories would occur. However, to the extent Hilcorp has underpaid the Trust, Hilcorp will be obligated to pay the Trust interest (prime rate plus 4%) as required by the Conveyance. Hilcorp has confirmed that it will waive interest to the extent there are any overpayments to the Trust based on true-ups in 2021.

The Trustee continues to prioritize these ongoing reporting issues. To this end, the Trustee remains engaged with Hilcorp regarding Hilcorp’s transition to a new accounting system and to define a timeline for when the true-ups to the revenue and severance categories will occur. The Trustee will continue to correspond with Hilcorp and the Trust’s third-party compliance auditors to ensure consistent, accurate, and timely reporting and recovery of any underpayments (plus interest) that may be owed.

San Juan Basin Royalty Trust
BBVA USA, Trustee
2200 Post Oak Blvd., Floor 18
Houston, TX 77056
website: www.sjbrt.com
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Joshua R. Peterson, Head of Trust Real Assets & Mineral Resources
and Senior Vice President
Kaye Wilke, Investor Relations, toll-free: (866) 809-4553

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern” or the “Company”) announced today that it plans to issue its earnings release with respect to second quarter 2021 financial and operating results on Thursday, August 5, 2021, before the market opens. Additionally, the Company will host a conference call on Thursday, August 5, 2021, at 10:00 a.m. Central Time.

Those wishing to listen to the conference call may do so via phone or the Company’s webcast.

ABOUT NORTHERN OIL AND GAS

Northern Oil and Gas, Inc. is a company with a primary strategy of investing in non-operated minority working and mineral interests in oil & gas properties, with a core area of focus in the premier basins within the United States.

More information about Northern Oil and Gas, Inc. can be found at www.NorthernOil.com.

Mike Kelly, CFA
Chief Strategy Officer
(952) 476-9800
This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "Amphibious Vehicle Market by Mode of Propulsion, Application and End Use: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

Amphibious vehicles refer to a wheeled or tracked vehicle capable of operating on both land and water. Different types of amphibious vehicles used in the market include busses, trucks, hovercrafts, aircrafts, tanks, and military combat vehicles. The amphibious vehicles are primarily used by the military forces across the globe to secure the sea borders from increasing conflicts via sea and to transport military troops from ship-to-shore. In addition, amphibious vehicles are widely used for surveillance, rescue, excavation, water transportation, water sports, and recreational activities.

The factors such as rise investment in defense sector and increase in demand for commercial applications are expected to drive the market growth. However, high initial cost of amphibious vehicle and increase in operational costs followed by serviceability hinder the market growth. Further, surge in the use of advanced amphibious combat vehicles (ACV) in marine applications and rise in demand for amphibious excavators for dredging and excavation are some of the factors anticipated to offer lucrative opportunities for market growth.

The market is segmented on the basis of mode of propulsion, application, end use, and region. By mode of transportation, it is divided into water-jet, track-based, and screw propeller. By application, it is classified into surveillance & rescue, water sports, water transportation, and excavation. By end use, it is categorized into defense and commercial. By Region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

COVID-19 Scenario Analysis

• The COVID-19 pandemic has forced governments to focus on their spending on healthcare and safeguarding the economy, which could possibly result in shifting priorities away from defense spending.
• Market players are anticipated to experience decrease in demand due to declining budgets and procurement priorities and a flattening of the growth curve over the long term
• In post COVID situation, amphibious vehicle market is expected to undergo certain changes, as market players and defense agencies are preparing for innovation shift after the lifting of restrictions to rapidly assess and adapt their supply chains.
• The COVID-19 crisis is expected to affect commodity chains in the short & long term, owing to the decline in foreign investment.

Key Benefits

• This study presents analytical depiction of the global amphibious vehicle analysis along with current trends and future estimations to depict imminent investment pockets.
• The overall amphibious vehicle opportunity is determined by understanding profitable trends to gain a stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the global amphibious vehicle with a detailed impact analysis.
• The current amphibious vehicle is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
• Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Market Dynamics

Drivers

• Rising Investment in Defense Sector to Aid Amphibious Vehicle Adoption
• Rising the Demand for Commercial Application

Restraints

• High Initial Cost of Amphibious Vehicle
• Increase in Operational Costs Followed by Seasonal Serviceability

Opportunities

• Rising the Use of Advanced Amphibious Vehicles (Acv) in Marine Application
• Growing Demand for Amphibious Excavators for Dredging and Excavation

Key Players

• BAE Systems
• EIK Engineering Sdn. Bhd.
• General Dynamics Corporation
• Hitachi Construction Machinery
• Lockheed Martin Corporation
• Marsh Buggies Incorporated
• Rheinmetall AG
• Science Applications International Corporation
• Wetland Equipment Company, Inc.
• Wilco Manufacturing LLC

For more information about this report visit https://www.researchandmarkets.com/r/965qho

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.1525 per ET common unit ($0.61 on an annualized basis) for the second quarter ended June 30, 2021. The announced quarterly distribution is consistent with the distribution for the first quarter of 2021 and will be paid on August 19, 2021 to unitholders of record as of the close of business on August 6, 2021.

Second Quarter 2021 Earnings Release and Conference Call

In addition, Energy Transfer plans to release earnings for the second quarter of 2021 on Tuesday, August 3, 2021, after the market closes. The company will also conduct a conference call on Tuesday, August 3, 2021 at 3:30 p.m. Central Time/4:30 p.m. Eastern Time to discuss quarterly results and provide a company update. The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer’s website at energytransfer.com. The call will also be available for replay on Energy Transfer’s website for a limited time.

Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer website at energytransfer.com.

Forward Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. In addition to the risks and uncertainties previously disclosed, the Partnership has also been, or may in the future be, impacted by new or heightened risks related to the COVID-19 pandemic, and we cannot predict the length and ultimate impact of those risks. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

This release serves as qualified notice to nominees as provided for under Treasury Regulation section 1.1446-4(b)(4) and (d). Please note that 100 percent of Energy Transfer LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer LP’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

The information contained in this press release is available on our website at energytransfer.com.

Investor Relations:
Bill Baerg
Brent Ratliff
Lyndsay Hannah
214-981-0795

Media Relations:
Vicki Granado
214-840-5820

AKRON, Ohio--(BUSINESS WIRE)--The following is a statement from Ripp Media on behalf of Former FirstEnergy CEO Chuck Jones:

Mr. Jones did not engage in any unlawful activity or violate any of FirstEnergy’s policies. Mr. Jones also believes that no other FirstEnergy employee engaged in unlawful activities in their dealings with government officials. Mr. Jones did not make or authorize any payment of any money to any public official in exchange for any official act.

Whether one agrees with it or not, the First Amendment and campaign finance laws allow the use of 501(c)(4) entities for appropriate political activity; allow individuals and corporations to support political candidates in a lawful manner; and allow individuals and corporations to lobby on behalf of legislation and government policies.

Mr. Jones is very disappointed that FirstEnergy would falsely implicate so many hard working and dedicated employees in wrongdoing who were committed to implementing the Board’s stated goals.

Ripp Media
Allan Ripp 646-285-1779 This email address is being protected from spambots. You need JavaScript enabled to view it.

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced that it will release financial results for the quarter ended June 30, 2021 after the U.S. market close on Wednesday, August 11, 2021. Bowman will host a webcast to discuss its second quarter 2021 results at 9:00 a.m. ET on Thursday, August 12, 2021. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call followed by a question and answer session. Links to the live webcast of the event and subsequent replay of the event will be available on the Bowman Investor Relations website at https://investors.bowman.com.

About Bowman Consulting Group Ltd.

Headquartered in Reston, Virginia, Bowman is a professional services firm delivering innovative engineering solutions to customers who own, develop, and maintain the built environment. With 800 employees and more than 30 offices throughout the United Sates, Bowman provides a variety of planning, engineering, construction management, commissioning, environmental consulting, geomatics, survey, land procurement and other technical services to customers operating in a diverse set of regulated end markets. On May 11, 2021, Bowman completed its $51.7 million initial public offering and began trading on the Nasdaq under the symbol BWMN. For more information, visit www.bowman.com.

Investor Relations:
Bruce Labovitz
This email address is being protected from spambots. You need JavaScript enabled to view it.
(703) 787-3403

Megan McGrath
This email address is being protected from spambots. You need JavaScript enabled to view it.
(310) 622-8248

ROCKVILLE, Md.--(BUSINESS WIRE)--#SPW--The U.S. solar industry has shown record growth in the past year and leading commercial and community solar developer Standard Solar has continued to grow with the industry. The company’s success has been recognized by Solar Power World, the premier source of news and information regarding solar. Solar Power World has ranked Standard Solar at No. 6 on their 2021 Top U.S. Commercial Solar Contractors list.

The Top Solar Contractors list first launched ten years ago, honors the work of solar companies in the United States. Solar firms in the utility, commercial and residential markets are ranked by the number of kilowatts installed in the previous year. Companies are grouped and listed by specific service, markets and states.

Last year the U.S. solar industry grew 43%, and in the first quarter of 2021, total installation capacity reached 102.8 gigawatts, enough electricity to power 18.6 million American homes. Standard Solar’s projects around the U.S. are an integral part of that growth.

With hundreds of installations and more than 200 megawatts, the company has become one of the largest asset owners in distributed generation and community solar and storage in the nation.

About Standard Solar

Standard Solar is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 17 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 200 megawatts of solar across the United States. Standard Solar is based in Rockville, Md. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar.

About Solar Power World

Solar Power World is the leading online and print resource for news and information regarding solar installation, development and technology. Since 2011, SPW has helped U.S. solar contractors — including installers, developers and EPCs in all markets — grow their businesses and do their jobs better.

Standard Solar
Leah Wilkinson
703-907-0010
This email address is being protected from spambots. You need JavaScript enabled to view it.

Solar Power World
Kelly Pickerel, editor in chief
216-860-5259
kpickerel[at]wtwhmedia.com

EAST AURORA, N.Y.--(BUSINESS WIRE)--Moog Inc. (NYSE: MOG.A and MOG.B) will release its third quarter fiscal 2021 earnings for the period ended July 3, 2021 on Friday, July 30, 2021. In conjunction with this release, Moog will host a conference call beginning at 10:00 a.m. ET, which will be simultaneously broadcast live over the Internet. John Scannell, Chairman and CEO, and Jennifer Walter, CFO, will host the call.

Listeners can access the conference call live over the Internet at: https://www.moog.com/investors/communications. Please allow 15 minutes prior to the call to visit the site to download and install any necessary audio software.

Supplemental data will be available on the website approximately 90 minutes prior to the call and will be archived for 30 days.

Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog’s high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, marine and medical equipment. Additional information about the company can be found at www.moog.com.

Press Information
Ann Marie Luhr
716-687-4225

― Accelerating the development of environmental technologies ―

IWATA, Japan--(BUSINESS WIRE)--#EV--Yamaha Motor Co., Ltd. (TOKYO: 7272) announced that it plans to establish an investment fund seeking potential business partners and startups for collaborations that will accelerate the development of environmental technologies.

The Yamaha Motor group has set a new goal of aiming for carbon neutrality throughout all of its business activities, including across the life cycles of its products,* by 2050.

The planned fund will aid in Yamaha Motor achieving its targets by supporting new businesses that contribute to the preservation and/or progress of the global environment. The Yamaha Motor group aims to help build new businesses that will lead to carbon-negative solutions in the environmental resources field.

*Emissions as a direct result of business activities (Scope 1 and 2) and emissions outside of these (Scope 3).

Fund Overview

Business Operations

– Searching for and investing in venture companies that specialize in environmental resources

• Total fund amount: US$100 million
• Fund period: 15 years
• Establishment: 2022 (scheduled)
• Fund operator location: Silicon Valley, California, United States
• Administrator: Yamaha Motor Ventures & Laboratory Silicon Valley (YMVSV)

Purpose and Expectations

– Support new businesses contributing to the preservation and/or progress of the global environment
– Focus on environmental resource issues requiring solutions
– Consider investments in businesses with potential for growth, regardless of region
– Aim to build new businesses that will lead to carbon-negative solutions in the environmental resources field

Related Documents

• Integrated Report 2021
  https://global.yamaha-motor.com/ir/integrated-report/integrated2021/
  
• Environmental Technology Presentation (incl. The Fund page on 13)
  https://global.yamaha-motor.com/about/csr/the_environment/plan-2050/pdf/Environmental_technology_2021_Eng.pdf

Naoto Horie
Global PR Group, Corporate Communication Division
Yamaha Motor Co., Ltd.
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Second Quarter of 2021 before opening of the market on Thursday, August 26, 2021.

The Partnership also plans to host a conference call on Thursday, August 26, 2021 at 11:00 AM (Eastern Time) to discuss the results for the Second Quarter of 2021. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options:

• By dialing 1-855-209-8259 from the US, dialing 1-855-669-9657 from Canada or 1-412-542-4105 if outside North America (please ask to be joined into the KNOT Offshore Partners LP call).
• By accessing the webcast, which will be available through the Partnership’s website: www.knotoffshorepartners.com.

Our Second Quarter 2021 Earnings Presentation will also be available at www.knotoffshorepartners.com prior to the conference call start time.

The conference call will be recorded and remain available until September 2, 2021. This recording can be accessed following the live call by dialing 1-877-344-7529 from the US, or 1-412-317-0088 if outside North America, and entering the replay access code 10158967.

About KNOT Offshore Partners LP

KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership. KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP.”

KNOT Offshore Partners LP
Gary Chapman
Chief Executive Officer and Chief Financial Officer
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +44 1224 618 420

• 2021 financial performance in line with annual guidance
• Reported net loss of $6.6 million and $4.1 million for the three and six months ended June 30, 2021, respectively
• Reported adjusted EBITDA of $22.5 million and $53.4 million for the three and six months ended June 30, 2021, respectively
• Generated distributable cash flow of $7.3 and $20.1 million for the three and six months ended June 30, 2021, respectively
• Declares quarterly distribution of $0.005 or $0.02 per unit annually
• Announces Revolving Credit Facility Amendment

KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (Nasdaq:MMLP) (the "Partnership") today announced its financial results for the second quarter of 2021.

“For the second quarter of 2021, the Partnership had a solid performance in line with our annual projected cash flows of between $95 million to $102 million,” stated Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of the Partnership. “As the country returns to a more open economy and refinery utilization increases, we have seen heightened demand for our services particularly within the land transportation and lubricants businesses. However, the impact of COVID-19 is still reflected in a reduction in sulfur service volumes and lower marine day rates year over year. As expected, marine utilization has increased from last quarter and we anticipate the continued economic recovery will drive demand upward allowing for the further utilization of our asset base.”

“Looking to the third quarter, which is seasonally our weakest due to the cyclical nature of both the fertilizer and butane businesses, we amended our revolving credit facility in response to rising commodity prices and the continued impact of COVID-19 on the Partnership’s trailing twelve month cash flows. I’d like thank our lenders for recognizing our ongoing commitment to capital discipline through their support of the amendment.”

SECOND QUARTER 2021 OPERATING RESULTS BY BUSINESS SEGMENT

TERMINALLING AND STORAGE (“T&S”)

T&S Operating Income for the three months ended June 30, 2021 and 2020 was $3.7 million and $3.3 million, respectively.

Adjusted segment EBITDA for T&S was $10.6 million for each of the three month periods ended June 30, 2021 and 2020, reflecting increased volumes on packaged lubricants products, offset by expired capital recovery fees at the Smackover Refinery.

TRANSPORTATION

Transportation Operating Income for the three months ended June 30, 2021 and 2020 was $0.7 million and $0.6 million, respectively.

Adjusted segment EBITDA for Transportation was $5.0 million and $4.9 million for the three months ended June 30, 2021 and 2020, respectively, reflecting higher land transportation load count and rates, offset by lower marine day rates coupled with a reduction in marine equipment.

SULFUR SERVICES

Sulfur Services Operating Income for the three months ended June 30, 2021 and 2020 was $6.3 million and $7.4 million, respectively.

Adjusted segment EBITDA for Sulfur Services was $8.9 million and $10.8 million for the three months ended June 30, 2021 and 2020, respectively, reflecting lower refinery utilization volumes during the second quarter of 2021 as a result of continued effects of COVID-19.

NATURAL GAS LIQUIDS (“NGL”)

NGL Operating Income for the three months ended June 30, 2021 and 2020 was $0.7 million and $1.1 million, respectively.

Adjusted segment EBITDA for NGL was $1.7 million and $1.6 million for the three months ended June 30, 2021 and 2020, respectively, primarily reflecting increased margins in our butane optimization business, offset by a reduction in NGL margins due to rising commodity prices.

UNALLOCATED SELLING, GENERAL AND ADMINISTRATIVE EXPENSE (“USGA”)

USGA expenses included in operating income for the three months ended June 30, 2021 and 2020 were $3.8 million and $4.4 million, respectively.

USGA expenses included in adjusted EBITDA for the three months ended June 30, 2021 and 2020 were $3.7 million and $4.0 million, respectively, primarily reflecting a reduction in overhead allocated from Martin Resource Management.

LIQUIDITY

At June 30, 2021, the Partnership had $180 million drawn on its $300 million revolving credit facility, an increase of $4 million from March 31, 2021. The Partnership’s leverage ratio, as calculated under the revolving credit facility, was 5.3 times and 5.4 times on June 30, 2021 and March 31, 2021, respectively. The Partnership is in compliance with all debt covenants as of June 30, 2021 and March 31, 2021.

REVOLVING CREDIT FACILITY AMENDMENT

The Partnership announced today the amendment of its revolving credit facility effective July 16, 2021. The amendment revises certain financial covenant ratios and reduces the aggregate amount of commitments from $300 million to $275 million, among other things.

Royal Bank of Canada serves as administrative agent and collateral agent for the facility. Baker Botts L.L.P acted as legal counsel to the Partnership.

QUARTERLY CASH DISTRIBUTION

The Partnership has declared a quarterly cash distribution of $0.005 per unit for the quarter ended June 30, 2021. The distribution is payable on August 13, 2021 to common unitholders of record as of the close of business on August 6, 2021. The ex-dividend date for the cash distribution is August 5, 2021.

QUALIFIED NOTICE TO NOMINEES

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnership's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of the Partnership's distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not the Partnership, are treated as withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.

COVID-19 RESPONSE

The Partnership continues to evaluate protocols in response to the COVID-19 pandemic, including the impact of variants of COVID-19, such as the Delta variant. Where possible, employee work from home initiatives remain and travel restrictions have been lifted. Employees are encouraged to continue to exercise safety measures to protect the welfare of each other and the communities they serve.

RESULTS OF OPERATIONS

The Partnership had a net loss for the three months ended June 30, 2021 of $6.6 million, a loss of $0.17 per limited partner unit. The Partnership had a net loss for the three months ended June 30, 2020 of $2.2 million, a loss of $0.06 per limited partner unit. Adjusted EBITDA for the three months ended June 30, 2021 was $22.5 million compared to the three months ended June 30, 2020 of $23.9 million. Distributable cash flow for the three months ended June 30, 2021 was $7.3 million compared to the three months ended June 30, 2020 of $12.5 million.

The Partnership had a net loss for the six months ended June 30, 2021 of $4.1 million, a loss of $0.10 per limited partner unit. The Partnership had net income for the six months ended June 30, 2020 of $6.6 million, or $0.17 per limited partner unit. Adjusted EBITDA for the six months ended June 30, 2021 was $53.4 million compared to the six months ended June 30, 2020 of $54.9 million. Distributable cash flow for the six months ended June 30, 2021 was $20.1 million compared to the six months ended June 30, 2020 of $30.8 million.

Revenues for the three months ended June 30, 2021 were $184.3 million compared to the three months ended June 30, 2020 of $140.6 million. Revenues for the six months ended June 30, 2021 were $385.3 million compared to the six months ended June 30, 2020 of $339.5 million.

EBITDA, adjusted EBITDA, distributable cash flow and adjusted free cash flow are non-GAAP financial measures which are explained in greater detail below under the heading "Use of Non-GAAP Financial Information." The Partnership has also included below a table entitled "Reconciliation of EBITDA, Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Flow" in order to show the components of these non-GAAP financial measures and their reconciliation to the most comparable GAAP measurement.

An attachment included in the Current Report on Form 8-K to which this announcement is included, contains a comparison of the Partnership’s Adjusted EBITDA for the second quarter 2021 to the Partnership's Adjusted EBITDA for the second quarter 2020.

Investors' Conference Call

Date: Friday, July 23, 2021
Time: 8:00 a.m. CT (please dial in by 7:55 a.m.)
Dial In #: (833) 900-2251
Conference ID: 1691938

Replay Dial In # (800) 585-8367 – Conference ID: 1691938

A webcast of the conference call will also be available by visiting the Events and Presentations section under Investor Relations on our website at www.MMLP.com.

About Martin Midstream Partners

Martin Midstream Partners L.P., headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region. The Partnership's primary business lines include: (1) terminalling, processing, storage, and packaging services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) natural gas liquids marketing, distribution and transportation services. To learn more, visit www.MMLP.com.

Forward-Looking Statements

Statements about the Partnership’s outlook and all other statements in this release other than historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and all references to guidance or to financial or operational estimates or projections rely on a number of assumptions concerning future events and are subject to a number of uncertainties, including (i) the current and potential impacts of the COVID-19 pandemic generally, on an industry-specific basis, and on the Partnership’s specific operations and business, (ii) the effects of the continued volatility of commodity prices and the related macroeconomic and political environment, and (iii) other factors, many of which are outside its control, which could cause actual results to differ materially from such statements. While the Partnership believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in the Partnership’s annual and quarterly reports filed from time to time with the Securities and Exchange Commission. The Partnership disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise except where required to do so by law.

Use of Non-GAAP Financial Information

The Partnership's management uses a variety of financial and operational measurements other than its financial statements prepared in accordance with United States Generally Accepted Accounting Principles ("GAAP") to analyze its performance. These include: (1) net income before interest expense, income tax expense, and depreciation and amortization ("EBITDA"), (2) adjusted EBITDA, (3) distributable cash flow and (4) adjusted free cash flow. The Partnership's management views these measures as important performance measures of core profitability for its operations and the ability to generate and distribute cash flow, and as key components of its internal financial reporting. The Partnership's management believes investors benefit from having access to the same financial measures that management uses.

EBITDA and Adjusted EBITDA. The Partnership defines Adjusted EBITDA as EBITDA before unit-based compensation expenses, gains and losses on the disposition of property, plant and equipment, impairment and other similar non-cash adjustments. Certain items excluded from EBITDA and adjusted EBITDA are significant components in understanding and assessing an entity's financial performance, such as cost of capital and historical costs of depreciable assets. The Partnership has included information concerning EBITDA and adjusted EBITDA because it provides investors and management with additional information to better understand the following: financial performance of the Partnership's assets without regard to financing methods, capital structure or historical cost basis; the Partnership's operating performance and return on capital as compared to those of other similarly situated entities; and the viability of acquisitions and capital expenditure projects. The Partnership's method of computing adjusted EBITDA may not be the same method used to compute similar measures reported by other entities. The economic substance behind the Partnership's use of adjusted EBITDA is to measure the ability of the Partnership's assets to generate cash sufficient to pay interest costs, support its indebtedness and make distributions to its unitholders.

Distributable Cash Flow. The Partnership defines Distributable Cash Flow as Adjusted EBITDA less cash paid for interest, cash paid for income taxes, maintenance capital expenditures, and plant turnaround costs. Distributable cash flow is a significant performance measure used by the Partnership's management and by external users of its financial statements, such as investors, commercial banks and research analysts, to compare basic cash flows generated by the Partnership to the cash distributions it expects to pay unitholders. Distributable cash flow is also an important financial measure for the Partnership's unitholders since it serves as an indicator of the Partnership's success in providing a cash return on investment. Specifically, this financial measure indicates to investors whether or not the Partnership is generating cash flow at a level that can sustain or support an increase in its quarterly distribution rates. Distributable cash flow is also a quantitative standard used throughout the investment community with respect to publicly-traded partnerships because the value of a unit of such an entity is generally determined by the unit's yield, which in turn is based on the amount of cash distributions the entity pays to a unitholder.

Adjusted Free Cash Flow. Adjusted free cash flow is defined as distributable cash flow less growth capital expenditures and principal payments under finance lease obligations. Adjusted free cash flow is a significant performance measure used by the Partnership's management and by external users of our financial statements and represents how much cash flow a business generates during a specified time period after accounting for all capital expenditures, including expenditures for growth and maintenance capital projects. The Partnership believes that adjusted free cash flow is important to investors, lenders, commercial banks and research analysts since it reflects the amount of cash available for reducing debt, investing in additional capital projects, paying distributions, and similar matters. The Partnership's calculation of adjusted free cash flow may or may not be comparable to similarly titled measures used by other entities.

EBITDA, adjusted EBITDA, distributable cash flow, and adjusted free cash flow should not be considered alternatives to, or more meaningful than, net income, cash flows from operating activities, or any other measure presented in accordance with GAAP. The Partnership's method of computing these measures may not be the same method used to compute similar measures reported by other entities.

MMLP-F

Sharon Taylor - Vice President & Chief Financial Officer
(877) 256-6644
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DALLAS--(BUSINESS WIRE)--The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the second quarter of 2021. The distribution will be paid on August 13, 2021 to unitholders of record on August 2, 2021.

Holly Energy plans to announce results for its second quarter of 2021 on August 3, 2021 before the opening of trading on the NYSE. The Partnership has scheduled a webcast conference on August 3, 2021 at 4:00 p.m. Eastern time to discuss financial results.

The webcast may be accessed at:
https://event.on24.com/wcc/r/3193021/C51478754BB4C45444F708FB4361577B

About Holly Energy Partners, L.P.:

Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries. Holly Energy, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude gathering pipelines, tankage and terminals in Texas, New Mexico, Washington, Idaho, Oklahoma, Utah, Nevada, Wyoming and Kansas as well as refinery processing units in Kansas and Utah.

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Please note that one hundred percent (100.0%) of Holly Energy’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, Holly Energy’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Forward-looking Statement:

The statements in this press release relating to matters that are not historical facts are “forward-looking statements” within the meaning of the federal securities laws, including statements regarding funding of capital expenditures and distributions, distributable cash flow coverage and leverage targets. These statements are based on our beliefs and assumptions and those of our general partner using currently available information and expectations as of the date hereof, are not guarantees of future performance and involve certain risks and uncertainties. Although we and our general partner believe that such expectations reflected in such forward-looking statements are reasonable, neither we nor our general partner can give assurance that our expectations will prove to be correct. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in these statements. Any differences could be caused by a number of factors including, but not limited to:

• the extraordinary market environment and effects of the COVID-19 pandemic, including the continuation of a material decline in demand for crude oil and refined petroleum products in markets we serve;
• risks and uncertainties with respect to the actual quantities of petroleum products and crude oil shipped on our pipelines and/or terminalled, stored and throughput in our terminals and refinery processing units;
• the economic viability of HollyFrontier Corporation, our other customers and our joint ventures' other customers, including any refusal or inability of our or our joint ventures' customers or counterparties to perform their obligations under their contracts;
• the demand for refined petroleum products in markets we serve;
• our ability to purchase and integrate future acquired operations;
• our ability to complete previously announced or contemplated acquisitions;
• the availability and cost of additional debt and equity financing;
• the possibility of temporary or permanent reductions in production or shutdowns at refineries utilizing our pipeline, terminal facilities and refinery processing units, due to reasons such as infection in the workforce, in response to reductions in demand or lower gross margins due to the economic impact of the COVID-19 pandemic, and any potential asset impairments resulting from such actions;
• the effects of current and future government regulations and policies, including the effects of current restrictions on various commercial and economic activities in response to the COVID-19 pandemic;
• delay by government authorities in issuing permits necessary for our business or our capital projects;
• our and our joint venture partners' ability to complete and maintain operational efficiency in carrying out routine operations and capital construction projects;
• the possibility of terrorist or cyber-attacks and the consequences of any such attacks;
• general economic conditions, including uncertainty regarding the timing, pace and extent of an economic recovery in the United States; and
• the impact of recent or proposed changes in tax laws and regulations that affect master limited partnerships; and
• other financial, operations and legal risks and uncertainties detailed from time to time in our Securities and Exchange Commission filings.

The forward-looking statements speak only as of the date made and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Holly Energy Partners, L.P.
Craig Biery, 214-954-6511
Vice President, Investor Relations
or
Trey Schonter, 214-954-6511
Investor Relations

SAN FRANCISCO--(BUSINESS WIRE)--#STEM--Stem, Inc. (“Stem” or “the Company”) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven energy storage services, announced today that it will hold a conference call on Wednesday, August 11, 2021 to discuss its financial results for the quarter ended June 30, 2021.

The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at 4:05 p.m. Eastern Time prior to the call.

The conference call may be accessed via a live webcast on a listen-only basis on the Events & Presentations page of the Investor Relations section of the Company’s website at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing 877-705-6003, or for international callers, 201-493-6725 and referencing Stem.

A replay of the webcast will be available shortly after the call on the Events & Presentations page in the Investor Relations section of the Company’s website and will remain available for approximately one month.

About Stem, Inc.

Stem (NYSE: STEM) provides solutions that address the challenges of today’s dynamic energy market. By combining advanced energy storage solutions with Athena^®, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter. For more information, visit www.stem.com.

Stem Investor Contacts
Ted Durbin, Stem
Marc Silverberg, ICR
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Stem Media Contacts
Cory Ziskind, ICR
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LEAWOOD, KS--(BUSINESS WIRE)--Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) commentary has been published for the second calendar quarter of 2021. The commentary piece highlights fund performance of the public and direct investments in the essential asset sectors in which the fund invests. A copy of the commentary piece is available here on the company website.

For additional information on this fund, please visit cef.tortoiseecofin.com.

About Ecofin

Ecofin is a sustainable investment firm dedicated to uniting ecology and finance. Our mission is to generate strong risk-adjusted returns while optimizing investors’ impact on society. We are socially minded, ESG-attentive investors, harnessing years of expertise investing in sustainable infrastructure, energy transition, clean water & environment and social impact. Our strategies are accessible through a variety of investment solutions and seek to achieve positive impacts that align with UN Sustainable Development Goals by addressing pressing global issues surrounding climate action, clean energy, water, education, healthcare and sustainable communities. Ecofin Investments, LLC is the parent of registered investment advisers Ecofin Advisors, LLC and Ecofin Advisors Limited (collectively “Ecofin”). To learn more, please visit www.ecofininvest.com.

Tortoise Capital Advisors, L.L.C. (also dba TCA Advisors) (“TCA”) is the adviser to Ecofin Sustainable and Social Impact Term Fund and Ecofin Advisors Limited is the fund’s sub-adviser.

Safe harbor statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the fund and TCA believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the fund and TCA do not assume a duty to update this forward-looking statement.

Maggie Zastrow
(913) 981-1020
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BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”) today announced that it has been nominated by the Greek Ministry of Development and Investment to be part of the first wave of Important Projects of Common European Interest (“IPCEI”) on Hydrogen.

Advent has also been selected by the Ministry to be the Coordinator of Technology Field 2 dedicated to fuel cells and associated technologies. As part of this process, Advent has been participating in "Challenge Sessions" where EU participating companies selected by their respective Member States are collaborating to formulate a common work plan that will set the roadmap to achieve the objectives of the hydrogen IPCEI.

Beyond coordinating Technology Field 2, Advent’s new responsibilities include preparing a joint document outlining the requirements and objectives of fuel cells in mobility and stationary markets to reach cost targets for a viable hydrogen ecosystem. This joint document will be part of a chapeau document that will justify all eligibility and compatibility conditions of IPCEI.

Advent will also be spearheading the Green HiPo project as part of the overall, joint “White Dragon” project. Along with a consortium of companies, Advent submitted a plan to the European Union and Greek government in May that will push forward the hydrogen economy in Greece. The Green HiPo project will develop, design, and manufacture fully scalable and highly efficient high-temperature polymer electrolyte membrane (“HT-PEM”) fuel cells for the production of power and heat.

Dr. Vasilis Gregoriou, Advent Chairman and CEO, stated, “We are excited to participate as the fuel cell partner in this submission of such a large-scale European project. This is the next crucial step for the creation and development of clean energy hydrogen technologies in Greece. The Green HiPo project is part of a thrilling long-term venture that is the key to unlocking our transition to greener power creation and transmission in Greece, and potentially, across the European Union.”

The electricity and heat provided by Advent will become a necessary solution for the country's energy transition as Greece plans to decommission all lignite-fired power plants by 2028. A new state-of-the-art facility in Western Macedonia will be home to the production of fuel cells and will contribute to the economic development of the region by providing approximately 1,400 jobs in innovative sustainable technology. The facility will initially manufacture fuel cells of 15kW/unit, gradually reaching 120kW, and then reaching 1MW scale single units before finally becoming a multi-MW platform.

Within seven years, Advent is set to support the full ramp-up to 400MW of renewable energy/electricity and 400MW of heat. The Green HiPo project will also create a manufacturing line of electrolyzers with a power level of 4.65GW.

About The White Dragon Project

On May 5, 2021, the national proposal for hydrogen technologies “White Dragon” was submitted by a group of the largest energy companies in Greece (DEPA Commercial in collaboration with Advent Technologies, Damco Energy S.A. (Copelouzos Group Company), PPC Greece, The Hellenic Gas Transmission System Operator (“DESFA”) S.A., Hellenic Petroleum, Motor Oil, Corinth Pipeworks, TAP and Terna Energy (together the “consortium”)). The proposal sent to the Greek government and the European Union is a more than eight-billion-euro plan over seven years for the development of an innovative, integrated green hydrogen project in Greece. The objective of the project is to gradually replace the lignite power plants of Western Macedonia and transition to clean energy production and transmission, with the ultimate goal of fully decarbonizing Greece’s energy system.

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles critical components for fuel cells and advanced energy systems in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in the San Francisco Bay Area and Europe. With 120-plus patents issued (or pending) for its fuel cell technology, Advent holds the IP for next-generation high-temperature proton exchange membranes (“HT-PEM”) that enable various fuels to function at high temperatures under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, maritime, aviation and power generation sectors. For more information, please visit www.advent.energy.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to realize the benefits from the White Dragon Project; the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance our corporate reputation and brand; expectations concerning our relationships and actions with our technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in our Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 20, 2021, as well as the other information we file with the SEC. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

Advent Technologies Holdings, Inc.
Elisabeth Maragoula
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Sloane & Company
James Goldfarb / Emily Mohr
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• Announces 300 invite-only, limited-edition FF 91 Futurist Alliance Edition model and new reservation plan for FF 91 Futurist model, with a deposit of $5,000 and $1,500, respectively. New FF Intelligent APP and FF.com will be the online reservation platform.
• $1 billion round of financing will promote FF 91’s delivery in 12 months, marking the last sprint towards production for manufacturing, supply chain, user ecosystem and other related areas with the goal to be the leader in its market segment.
• Six external partner representatives join FF on the Nasdaq stage to ring the bell, forming the Futurist Alliance together with FF’s internal partners, ultimately realizing value co-creation and value sharing.

NEW YORK--(BUSINESS WIRE)--Faraday Future ("FF"), a California-based global shared intelligent mobility ecosystem company, announced that its shares were listed on the Nasdaq Stock Market today. The listed company was renamed “Faraday Future Intelligent Electric Inc.”, with its Class A common stock and warrants trading on the Nasdaq Stock Market under the ticker symbols “FFIE” and “FFIEW”, respectively. The “I” stands for Intelligent and Internet, and “E” stands for Ecosystem and Electric. This reflects the fact that FF is not just an EV company, but also an internet and technology company, an AI product company, a software company and a user ecosystem company.

“Today is a new chapter in FF’s history, marking the culmination of a noble vision and mission created seven years ago in California by our founder YT Jia. This is also the common mission of our global partners, who are also known as the Futurist Alliance,” said Dr. Carsten Breitfeld, Faraday Future’s Global CEO. “We would like to thank all investors, partners and internal and external partners for their trust and confidence in our leadership, product technology and business model, and we are confident in the high-quality delivery of our FF 91 Futurist in the next 12 months.”

FF also announced the brand-new reservation policy for its FF 91 Futurist. The first announced FF 91 Futurist Alliance Edition will be limited to 300 units globally, with a priority reservation deposit of $5,000. This initial group of FF 91 owners will all receive three user privileges: Futurist Alliance membership, Spire Club membership, and the next generation product upgrade privileges. FF has also launched the FF 91 Futurist Edition for a priority reservation deposit of $1,500.

As FF Founder and Chief Product and User Ecosystem Officer, YT Jia led the FF team to define and develop the ultimate intelligent techluxury FF 91 five years ago, and is now focusing on pushing the product power improvement, and user ecosystem establishment. The FF 91 Futurist Alliance Edition and FF 91 Futurist models represent the next generation intelligent internet EV product with unbeatable product power. They are not just high-performance EVs, all-ability cars, and ultimate robotic vehicles, but also the third internet living space, and are equipped with unique technology, an ultimate user experience and complete ecosystem. FF 91 Futurist has an industry-leading 1050 hp, 130kWh battery pack with immersive liquid cooling technology, capable of 0-60mph in 2.4 seconds, tri-motor torque vectoring, and rear wheels independently driven and controlled by dual rear motors. FF 91 is also equipped with the industry‘s only super AP for internet connection at “light speed”, video streaming on PID, rear intelligent internet system, in-car video conferencing system, Intelligent Seamless Entry, FFID face recognition, multi touch eyes-free control, and zero gravity rear-seats with the industry’s largest reclining angle of 150 degrees.

With the FF Intelligent App, users will be able to configure and reserve an FF 91, create an FFID, book exclusive test rides, and even book a tour of FF’s global headquarters in Los Angeles. The FF Intelligent App is not only an FF 91 reservation platform and social community where all Futurists connect and communicate, but also the most important platform for the value co-creation and sharing of our FF user ecosystem. Users can learn more about our products and interact with the technology that sets FF apart from others in the EV space. Along with the social community aspects where users and fans can share thoughts and ideas together, users will also have an opportunity to sign up for a unique Futurist Product Officer (FPO) program and even interact with FF executives and employees to share ideas. To download the FF Intelligent App, go to: http://appdownload.ff.com

FF secured approximately $1 billion through its business combination with Property Solutions Acquisition Corp. This is expected to provide sufficient funding for delivering the FF 91 Futurist model to our global users within 12 months, disrupt the traditional ultra-luxury brands and become the industry’s No. 1 in the applicable market segment positioned at the top of the pyramid, and with the launch of additional future models, we aim to be among the leaders in the high-value user market.

FF’s Global Partnership was established by YT Jia three years ago with half of his FF shares. At the Nasdaq bell ringing ceremony, six FF external partners from different industries went on stage to ring the bell together with FF’s internal partners. Since its founding, FF has completed product innovations based on the intelligent driving platform and third internet living space, the propulsion system and I.A.I (Internet, Autonomous Driving, Intelligence) driven technology innovations, business model and profit model innovation, user ecosystem innovation, and governance structure innovation centered around the partnership mechanism. FF is the only company with U.S and China dual DNA and dual home-market advantages, an ultimate intelligent techluxury brand and Futurist value chain co-creation and shared governance structure.

Users can reserve an FF 91 now at: https://www.ff.com/us/reserve

ABOUT FARADAY FUTURE
Established in May 2014, FF is a global shared intelligent mobility ecosystem company, headquartered in Los Angeles, California. Since its inception, FF has completed the product innovation, technology innovation, business model and profit model innovation, user ecosystem innovation, and governance structure innovation. FF is the only company with U.S and China dual DNA and dual home-market advantages. On July 22, 2021, FF was listed on Nasdaq with the new company name “Faraday Future Intelligent Electric Inc.”, and the ticker symbols “FFIE” for its Class A common stock and “FFIEW” for its warrants. The “I” stands for Intelligent and Internet, and “E” stands for Ecosystem and Electric. This reflects the fact that FF is not just an EV company, but also an internet and technology company, an AI product company, a software company and a user ecosystem company. FF aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the Internet and new usership models. With the ultimate intelligent techluxury brand positioning, FF’s first flagship product FF 91 Futurist is equipped with unbeatable product power. It is not just a high-performance EV, an all-ability car, an ultimate robotic vehicle, but also the Third Internet Living Space.

FOLLOW FARADAY FUTURE:
https://www.ff.com/
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture

NO OFFER OR SOLICITATION
This communication shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

FORWARD LOOKING STATEMENTS
This press release includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside FF’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, costs related to the business combination; FF’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; FF’s estimates of the size of the markets for its vehicles; the rate and degree of market acceptance of FF’s vehicles; the success of other competing manufacturers; the performance and security of FF’s vehicles; potential litigation involving FF; the result of future financing efforts and general economic and market conditions impacting demand for FF’s products. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the registration statement on Form S-4 and proxy statement/consent solicitation statement/prospectus and other documents previously filed by Property Solutions Acquisition Corp. and filed by Faraday Future Intelligent Electric Inc. from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and FF does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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John Schilling
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New Board Appointment Expands Technology Expertise for Leading Cleantech Integrator focusing on Energy Efficiency and Renewable Energy

FRAMINGHAM, Mass.--(BUSINESS WIRE)--#boardofdirectors--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the appointment of Claire Hughes Johnson to its Board of Directors. Johnson brings with her more than two decades of experience directing product innovation, go to market and operational strategy for a range of technology industry leaders.

Johnson is currently on the executive team at global technology company Stripe. Over the last six years, she’s helped Stripe grow from under 200 employees to more than 4000 globally. Along the way, she's led a number of teams including business operations, sales, marketing, people and international expansion. Prior to joining Stripe, she spent ten years at Google, leading various business teams including the launch and operations of Gmail and Google Apps. She was also the Vice President responsible for Adwords mid-market revenue globally, Google Offers and the business operations of their self-driving car project. Committed to advancing the empowerment of women in technology, Johnson served as the co-lead and executive sponsor of Women@Google, the company’s largest global employee network. During her tenure, Johnson scaled the organization, expanding it to over 4,000 active members from offices around the world.

“It is a great honor to welcome Claire to our Board of Directors,” said George P. Sakellaris, chairman, president and CEO of Ameresco. “The growth of the cleantech sector continues to accelerate at rapid speed and we are committed to providing a diverse set of perspectives from our Board of Directors as we prepare for that growth. Claire has an impressive track record of success scaling technology-driven businesses, and her contributions to our Board will be critical as we continue to provide the most advanced technology solutions to our customers in their pursuit of a net zero economy.”

“I’ve spent my career driving growth in complex environments with multiple channels and partners, and I was drawn to Ameresco’s ability to provide solutions that can be customized for each unique customer’s set of needs,” said Johnson. “Reducing carbon emissions through efficiency, renewables and advanced clean energy technologies has never been more urgent, and I look forward to joining my new Board colleagues as we work together to build a more sustainable future.”

Johnson began her career in Massachusetts, leading campaigns for local and state officials. She earned a bachelor’s degree with honors from Brown University and an MBA from Yale School of Management. She has previously served on the board of Hallmark Cards, Inc. and serves on the board of The Atlantic. She is also a trustee and Executive Committee member of Milton Academy.

Along with the addition of Johnson to the Board of Directors, the company announced the departure of long-standing board director and executive vice president at Ameresco, David Anderson. A co-founder of the company and long-time director of the Board, Anderson will continue to be involved in the future business of the company in a strategic advisory role.

“We are profoundly grateful for David’s insights throughout the years since Ameresco’s inception,” said Sakellaris. “His contributions and dedication to the growth of the company have made a significant and lasting impact, and we wish him the best on his next chapter.”

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.

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MANCHESTER, England--(BUSINESS WIRE)--A multi-million pound partnership between Octopus Hydrogen and Luxfer Gas Cylinders is paving the way to make heavy goods transportation and the aviation industries cleaner and greener.

Luxfer Gas Cylinders - a leading manufacturer of high-pressure composite and aluminum cylinders worldwide – is joining forces with Octopus Hydrogen – a subsidiary of green energy tech pioneer Octopus Energy – in the specification and supply of bulk gas transport modules that will carry green hydrogen across the UK.

The 40ft long units designed by Luxfer, which are called Multiple Element Gas Containers (MEGC), can transport 1.1 tonnes of hydrogen from the electrolyser plant to the point of use. They will be deployed from mid-2022 and will help address the infrastructure barrier that is impacting wide adoption of the technology.

William Rowe, CEO and Founder of Octopus Hydrogen, said: “Our focus is on delivering green hydrogen to the sectors which cannot be decarbonised by batteries alone, mainly aviation and heavy-duty road vehicles. We are building a network of decentralised green hydrogen production sites using electrolysis, co-located with renewable energy generation, with localised distribution.

“We are working with Luxfer Gas Cylinders to make green hydrogen for mobility a reality. Luxfer understands the challenges of safely transporting large amounts of hydrogen and is delivering a fantastic solution now and has a great future roadmap."

Luxfer’s alternative fuel experts have a proven track record in developing and supplying bulk gas transport solutions across Europe, Asia Pacific and North America.

Mark Lawday, Global Sales Director from Luxfer added: “We manufacture over one million high performance, high pressure cylinders every year. In the alternative fuel sector, we have a team of designers and engineers who develop industry leading systems, integrating lightweight composite cylinders into fuel system modules for compressed natural gas and hydrogen applications ranging from buses, trucks, boats to bulk gas transport trailers.

“Bulk gas transport for hydrogen is an important piece of the jigsaw in enabling the hydrogen economy to be fully realised and reach net zero goals. It’s an exciting step forward, and we’re proud to be working alongside Octopus Hydrogen to drive forward innovation.”

Work to deliver the systems will be led from Luxfer’s UK manufacturing campus in Nottingham, which is home to an alternative fuel team that has designed bespoke hydrogen systems for world-first transport projects including double decker hydrogen buses, HGVs, and the UK’s first hydrogen train.

About Octopus Hydrogen

Octopus Hydrogen, an Octopus Energy Group company, is positioned to supply ‘green hydrogen as a service’ for heavy goods transportation, energy storage, industrial applications and aviation in UK, Europe and Australia, with the first kilos of green hydrogen to be sold in 2021. The intent is to remove the infrastructure cost and complexity from the end user and accelerate the adoption of green hydrogen as a fuel.

Octopus Hydrogen will bring Octopus Energy’s unrivalled customer centric approach to the green hydrogen supply market. With the recent acquisition of Octopus Renewables and the world leading Kraken platform, the Group is uniquely positioned to drive down costs and help customers drive the transition to a competitive and 100% green economy.

For more information, check out our website: https://www.octohydrogen.com/

About Luxfer Gas Cylinders

Luxfer Gas Cylinders (www.luxfercylinders.com) is the world’s largest manufacturer of high-pressure composite and aluminum cylinders. More than 70 million Luxfer cylinders in service around the world have an exemplary record for dependability and safety in a variety of applications, including firefighter and first-responder life support, medical, fire extinguishers, alternative fuel, specialty gas, beverage, aerospace, inflation, SCUBA and performance racing. An operating company of Luxfer Holdings PLC (NYSE:LXFR), Luxfer Gas Cylinders is based in Riverside, California, and has manufacturing facilities in the U.S., England, Canada, and China. For more information on Luxfer Gas Cylinders visit: https://www.luxfercylinders.com/.

About Luxfer Holdings PLC (“Luxfer”)

Luxfer is a global manufacturer of highly-engineered industrial materials, which focuses on value creation by using its broad array of technical knowhow and proprietary technologies. Luxfer’s high-performance materials, components, and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation, and general industrial applications. For more information, visit www.luxfer.com.

Issued on behalf of Luxfer Cylinders by The Tonic Communications. For more information contact This email address is being protected from spambots. You need JavaScript enabled to view it. or call 0115 8248254.

Heather Harding – Chief Financial Officer
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