HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint” or the “Company”) today announced the unanimous decision of the CenterPoint Board’s Independent Directors to implement a new independent board leadership and governance structure. The Board named Martin Nesbitt, chair of the Nominating and Governance Committee, as its new independent board chairman, effective immediately.
To institute the Company’s new governance structure, this independent seat replaces the position of Executive Chairman. This position has been eliminated by the independent directors of the board, effective immediately. In connection with these decisions by the independent directors, Milton Carroll departs from the Executive Chairman position and as an employee of the Company, effective immediately, and from the Board as a director, effective September 30 of this year, each substantially in advance of Mr. Carroll’s current mandatory retirement date in 2023.
CenterPoint’s Board, based on extensive feedback from shareholders and evaluation of evolving governance practices, determined that now is the right time to execute this significant leadership and governance transition as the company continues to advance its well-received strategic plan to drive sustainable value for the benefit of all its stakeholders. In connection with today’s leadership and governance transition, the Company entered into a multi-year retention grant arrangement with President and CEO Dave Lesar to retain his continued leadership, and to provide executive management continuity, drive successful execution of CenterPoint’s value-creation strategy, and provide executive leadership succession planning. The arrangements entered into with Mr. Carroll and Mr. Lesar will be publicly filed on Form 8-K.
Mr. Nesbitt said, “CenterPoint is a backbone of economic vitality and reliable energy delivery for the communities we serve, and CenterPoint’s importance is a central part of Milton Carroll’s legacy. As we continue to seize opportunities ahead of us, I believe that our unique value proposition will be further strengthened by CenterPoint’s commitment to strong corporate governance, including through the leadership and governance transition we announce today. I am honored to have been selected to lead CenterPoint as independent Chairman of the Board and on behalf of the Board, we express our deepest gratitude and respect for Milton, who has served CenterPoint and its stakeholders tirelessly for nearly 30 years. Milton has been a steady source of inspiration, leadership and guidance to all who have known him, and his stewardship and commitment to CenterPoint’s success have been unmatched. Milton was instrumental in the creation of CenterPoint, provided initial board leadership and with the help of many others, navigated CenterPoint through the difficult transition of the early days of the deregulation of the Texas electrical market. He then helped lead the company to where it is today – stronger than ever, with a market capitalization near its historic high. I look forward to continuing to work closely with our incredible CEO Dave Lesar, who has demonstrated tremendous energy and accomplishment since he became CEO only a year ago.”
Mr. Carroll said, “In the nearly 30 years since I joined CenterPoint’s Board in 1992 and during my time as Executive Chairman of the Board, CenterPoint has successfully navigated industry, energy and regulatory challenges, business transitions and changes in our nation and communities. Thanks to our great CenterPoint team, we are an indelible part of the fabric and history of Texas and the other territories we serve. I am excited to see how CenterPoint continues to evolve under the leadership of Marty and Dave and reach even greater heights of potential and promise. It has been an honor to serve as Chairman and then Executive Chairman alongside my fellow directors.”
Mr. Lesar said, "We have been on a very focused mission over the past year to unlock the untapped power and potential within this company, its premium regulated utilities and its exceptional talent. Milton has been a critical partner throughout this journey, and with our utility-focused strategy, we are now taking advantage of the robust capital investment opportunities available to us and are firmly on the path to exit our midstream investments and progress our renewable energy growth objectives. I believe the best is yet to come, and I couldn’t be more excited to continue my commitment to CenterPoint’s future success and the development of its next phase of leadership over the coming years. On behalf of myself and all our employees, I am deeply grateful to Milton for laying CenterPoint’s strong foundation and positioning the company so well for this new era. I am excited for our future and look forward to discussing our second quarter results.”
About Marty Nesbitt
Martin H. Nesbitt has been a director since April 2018 and will now serve as the independent Chairman of CenterPoint’s Board. Since 2013, he has served as Co-Chief Executive Officer of The Vistria Group, LLC, a Chicago-based investment firm focused on the education, healthcare and financial services industries. Prior to co-founding Vistria, Mr. Nesbitt served as Chief Executive Officer of PRG Parking Management (known as The Parking Spot), an owner and operator of off-airport parking facilities, from 1996 to 2012. Prior to The Parking Spot, Mr. Nesbitt also served as officer of the Pritzker Realty Group, L.P. and as Vice President and Investment Manager at LaSalle Partners, with a variety of responsibilities including investment management for regional retail properties. Mr. Nesbitt has served on the Boards of Directors of American Airlines Group, Inc. since 2015 and Chewy, Inc. since 2020. He also previously served on the Board of Directors of Jones Lang LaSalle. He is a Trustee of Chicago’s Museum of Contemporary Art and serves as Chairman of the Barack Obama Foundation. He previously served as a director of Norfolk Southern Corporation from 2013 to May 2019.
About CenterPoint Energy, Inc.
As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of March 31, 2021, the company owned approximately $36 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.
Forward Looking Statement
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "continue," "could," "expect," "intend," "may," "plan," "potential," "should," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as executive management continuity and succession planning, the benefits of leadership and governance transitions, corporate governance commitments, strategic plans and value creation, capital investments, business opportunities, future financial performance and results of operations, expectations regarding our midstream investments and renewable energy growth objectives, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, CenterPoint Energy's Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.
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Former Dragos and Crowdstrike leaders secure $2.5 million seed funding from SYN Ventures, Rally Ventures and Cyber Mentor Fund
CHANDLER, Ariz.--(BUSINESS WIRE)--#ICS--SynSaber, an industrial asset and network monitoring solution provider, today announces the launch of the company, its leadership and seed funding. Led by Jori VanAntwerp as Co-Founder and Chief Executive Officer and Ron Fabela, CTO and Co-Founder, the company is working to develop a technology-agnostic solution that enables simple, effective, low-hardware, low-hassle asset and network monitoring that provides continuous insight and awareness into the status, vulnerabilities and threats across every point in the industrial ecosystem, including IIoT, cloud and on-premises.
With today’s launch, the company is also announcing a seed round funding led by SYN Ventures together with Rally Ventures and Cyber Mentor Fund. The initial round will help facilitate product development, channel relationships and go-to-market sales.
“SynSaber plans to put hero over hardware by empowering industrial operators rather than overwhelming them, making great operators even better,” said VanAntwerp. “SynSaber will be delivering a game-changing approach to industrial visibility and security, as the solution will be the first to be deployed on-prem or in the cloud and can integrate seamlessly with existing current technology investments.”
The SynSaber solution is unique in elevating operators and analysts as security rockstars, enabling them to more effectively see, know, and take action to defend industrial systems and protect critical infrastructure. When generally available in 2021, the solution will provide unmatched visibility and awareness that empowers operators to defend with precision. The sabers, or standalone sensing environments, will have the capability to monitor anything and collect everything IIoT, mechanical, legacy computing and beyond.
“What particularly drew our strong interest and initial investment into the company is the proven and experienced team with strong operational and information technology experience coupled with the fact that they are building something not just for the here and now, but the future, something that can easily scale, adapt, and pivot as necessary,” said Patrick Heim, Managing Partner of SYN Ventures.
VanAntwerp was most recently Vice President of Sales at Gravwell and prior to that served as Director of Solutions Architects at industrial cybersecurity firm Dragos. Additionally, over the last 15 years he also held various cybersecurity roles at CrowdStrike, FireEye, McAfee where he worked with industrial and IT cybersecurity practitioners to navigate complex challenges and architect innovative solutions. Fabela recently served as the Vice President of Field Operations at Gravwell and prior to that served as Director of Field Operations at Dragos. Over the past 20 years he has held various roles in ICS and cyber intelligence at Leidos Cyber Inc, Lockheed Martin, Alert Enterprise and Booz Allen Hamilton.
Both VanAntwerp and Fabela will be available at Black Hat USA 2021 to discuss the SynSaber solutions. To arrange a meeting contact This email address is being protected from spambots. You need JavaScript enabled to view it.
About SynSaber
SynSaber is the simple, flexible, and scalable industrial asset and network monitoring solution that provides continuous insight into the status, vulnerabilities, and threats across every point in the industrial ecosystem, empowering operators to observe, detect and defend OT/IT systems and protect critical infrastructure. Navigate your security quest with confidence. Learn more at SynSaber.com.
RedIron PR for SynSaber
Kari Walker
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SANTA ANA, Calif.--(BUSINESS WIRE)--$ITI #IoT--Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, August 5, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2021. The financial results will be issued in a press release prior to the call.
Iteris president and CEO Joe Bergera, and CFO Douglas Groves will host the call, followed by a question and answer period.
Date: Thursday, August 5, 2021
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
Toll-free dial-in number: +1 800-367-2403
International dial-in number: +1 334-777-6978
Conference ID: 1268914
If joining by phone, please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact MKR Investor Relations at 1-213-277-5550.
To listen to the live webcast or view the press release, please visit the investor relations section of the Iteris website at www.iteris.com.
During the question and answer period, management will take questions live from covering sell-side analysts, as well as answer select questions submitted to the company in advance of the call. If you would like to submit a question in advance, please do so before 5 p.m. Eastern time (2 p.m. Pacific time) on August 4, 2021 by emailing Iteris investor relations at This email address is being protected from spambots. You need JavaScript enabled to view it..
A replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through August 12, 2021. To access the replay dial information, please click here.
About Iteris, Inc.
Iteris is the global leader in smart mobility infrastructure management – the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. Visit www.iteris.com for more information, and join the conversation on Twitter, LinkedIn and Facebook.
Iteris Contact
Douglas Groves
Senior Vice President and Chief Financial Officer
Tel: (949) 270-9643
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Investor Relations
MKR Investor Relations, Inc.
Todd Kehrli
Tel: (213) 277-5550
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DUBLIN--(BUSINESS WIRE)--The "Wind Turbine Inspection Drones Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026" report has been added to ResearchAndMarkets.com's offering.
The report on the global wind turbine inspection drones market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global wind turbine inspection drones market to grow with a CAGR of 13.2% over the forecast period from 2020-2026. The study on wind turbine inspection drones market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.
The report on wind turbine inspection drones market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global wind turbine inspection drones market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global wind turbine inspection drones market over the period of 2018 to 2026. Further, the Publisher's Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Segments Covered
The global wind turbine inspection drones market is segmented on the basis of product type, and application.
The Global Wind Turbine Inspection Drones Market by Product Type
The Global Wind Turbine Inspection Drones Market by Application
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the wind turbine inspection drones market.
2. Complete coverage of all the segments in the wind turbine inspection drones market to analyze the trends, developments in the global market and forecast of market size up to 2026.
3. Comprehensive analysis of the companies operating in the global wind turbine inspection drones market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. The Publisher's Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Market Dynamics
Drivers
Restraints
Opportunities
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/f3ku6c
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Global Offshore Decommissioning Market by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global offshore decommissioning market is projected to reach USD 8 billion by 2027 from an estimated USD 5.2 billion in 2021, at a CAGR of 7.4% during the forecast period.
The factors driving the market include maturing oil & gas fields, low crude oil prices, and aging offshore infrastructure. Offshore decommissioning refers to ending oil & gas operations on offshore platforms and restoring marine life and seafloor to its pre-production conditions.
Well plugging & abandonment segment dominates the global market
The well plugging & abandonment segment is expected to be the largest market, by service type during the forecast period. This growth is evident owing to key activity to be performed regardless of decommissioning type; it ensures that oil wells do not have any type of leakage after the cessation of production. According to norms and regulations, wells that are matured and no longer productive need to be properly plugged & abandoned. It is essential to plug the wells before platform removal to prevent any kind of leakages, which can pollute the seafloor and damage the surrounding marine environment.
Complete removal dominate the global offshore decommissioning market
The complete removal segment of offshore decommissioning is estimated to be the largest market during the forecast period. Complete removal involves restoring the oilfield site to its natural or pre-commissioning state. It is an expensive decommissioning option for both operating companies and taxpayers. In the North Sea, a complete removal is currently required by the Convention for the Protection of the Marine Environment of the North-East Atlantic, or the 'OSPAR' agreement.
Europe to lead the global offshore decommissioning market in terms of growth rate
Europe is the largest market, by value, for offshore decommissioning, followed by North America. Owing to mature oil and gas fields, particularly in the UK and the North Sea. The impending cessation of production in major oil and gas fields would ensure that the European market would grow at the highest pace. Europe is estimated to witness the highest offshore decommissioning spending, with its well-developed regulatory framework compared to other regions.
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/dw13m6
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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The deal presents an entirely new system to create sustainably powered factories that decarbonize manufacturing operations
LUFKIN, Texas--(BUSINESS WIRE)--Jefferson Enterprise Energy and Hilltop Securities today announced the closing of $122M of bond financing. The financing will support Jefferson’s joint venture with Zume, creators of the world’s most advanced molded fiber technology, to build the first sustainable manufacturing factory for consumer goods powered entirely by an onsite renewable energy plant with zero use of fossil fuels in North America.
In support of this initiative, Hilltop Securities and Jefferson closed two financing transactions, the first in the amount of $22M and the second for $100M. The third transaction for an additional $100M is scheduled for 2022 to further develop the complex.
“To fix the unsustainability in the food supply chain, it is important that we design not only for the sustainability of products, but also the way in which we build them,” says Alex Garden, Chairman and CEO of Zume. “This will be a blueprint for the making of an entirely sustainable packaging system and we’re proud to secure this funding to scale our vision.”
Recognizing the need for climate action, Jefferson Enterprise Energy has recommissioned a 55MW biomass power plant that will provide energy for a renewable fiber pulping facility. The powerplant will also provide energy to Zume’s robotic machinery and advanced molded fiber operations that provide global brands with an alternative to single-use plastic.
“Waste plastics are one of the greatest ills to our environment and we must come together to create alternative methods to fix this problem,” says Al Salazar, Founder and CEO, Jefferson Enterprise Energy. “Our partnership and reliance on Zume’s technology is something we are proud to stand behind.”
At the heart of the new green energy and manufacturing facility will be a 400 ton per day pulp mill that will produce high-strength renewable pulp from wood waste and agricultural waste materials. This pulp will power Zume’s manufacturing operations that are producing renewable fiber products designed to meet a variety of CPG products for global brands.
As the first factory of its kind in the world, this success is due in great part to the support of the local and state partners that have provided valuable assistance leading to this success. The Angelina and Neches River Authority under the leadership of Kelly Holcomb along with a visionary board have served as the issuer for $122M in tax exempt financing to date for this project.
“Jefferson Enterprise Energy sets the gold standard for local economic growth by investing in the future of biomass products,” said Mark Hicks, Mayor of Lufkin, Texas. “The plans for their Lufkin project are right in the wheelhouse of our city’s economic development goals. Manufacturing is not about a quick exit strategy but is centered on a long-term valuation creation and Lufkin is the perfect location for this facility.”
The City of Lufkin and Angelina County, TX have stepped up to the plate providing valuable support via tax abatements and community support to assist with this effort. The residents of the regional community will be one of the ultimate beneficiaries of this effort with hundreds of new, well-paid jobs created to support this complex for many years to come. Governor Greg Abbot’s office, with the critical assistance of the Texas Attorney General Public Finance team paved the way for the sale of the Private Activity Bonds to make this vision a reality.
About Zume
Founded in 2015, Zume is actively reducing the world’s plastic waste with economically viable substitutes for plastic packaging. As creators of the world’s most advanced molded-fiber manufacturing system, Zume is a global provider of sustainability solutions and offers a vast range of sustainable manufactured solutions and services across the food, beverage, healthcare, and CPG categories. For more information, go to zume.com and to see a video of how Zume works, go to here:
About Jefferson Enterprise Energy
Jefferson Enterprise Energy, a division of Jefferson Enterprise, is dedicated to preserving natural resources by converting waste into recycled products. Jefferson Enterprise (JE) is an integrated development company focused on the planning, financing and project management of mid to large-scale eco-friendly facilities. JE’s facilities are primarily dedicated to the preservation of natural resources by converting consumer and industrial waste into recycled products.
Ed Germann
Jefferson Enterprise Energy
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C.B. “Bix” Rathburn
Director, Investment Banker, Public Finance
Hilltop Securities
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Maggie Philbin
VSC for Zume
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HOLYOKE, Mass.--(BUSINESS WIRE)--ESG Clean Energy, LLC, developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, announced today the installation of its first electric generation facility that will produce over 4.2 MW of clean power, emit zero CO2, and use the exhaust to provide low-cost distilled water to local manufacturers.
Under a Power Purchasing Agreement with Holyoke Gas & Electric (HG&E), a municipal power provider serving Holyoke, Mass., ESG will utilize a patented carbon-capture system that will enable HG&E to provide low cost energy to its residence while preventing over 15,000 tons of carbon dioxide from entering the atmosphere every year. It will also help boost the reliability of the area electric grid during peak usage times throughout the year.
Installation of two internal combustion engine units began in July at the 1.3-acre site located in Holyoke. The natural gas generators are scheduled for full operation after grid connections are complete.
“A lot of research and development has gone into this new energy system. And as a result, we can now provide a real solution for not only generating clean electricity more efficiently but capturing the CO2 in a manner that the exhaust emits zero CO2 and helps produce precious commodities,” said Olen A. Bielski III, director of business development at ESG Clean Energy. “So it’s exciting to see our first power generation project come to life.”
The ESG Clean Energy power generation system is able to utilize waste heat from a conventional, natural gas, internal combustion engine to drive its carbon dioxide capture technology without loss of efficiency.
Exhaust gas contains a significant amount of water vapor and CO2 as naturally occurring byproducts of the combustion process. By separating those two elements, the ESG system can produce distilled water - and other commodities such as urea, methanol, and recycled plastics - while capturing close to 100% of the CO2.
As a result, Net Zero Carbon Footprint power production is achieved.
Besides electrical power generation, the ESG system can also be utilized in a number of different environments, including:
Plastics Recycling Operations - Can be made more affordable and safe for the environment by providing low-cost, CO2-free heat that is critical to its processing.
Nitrogen Removal - Can be done more efficiently and cleanly. Nitrogen can cause algae blooms in waste water treatment plants and is a risk to human health, so its removal has become an emerging, worldwide concern.
Stranded Natural Gas Wells - Can be effectively converted from non-operating revenue producers to operating revenue producers by incorporating the ESG system into its production process.
Microgrids - Can be made more reliable in times of emergency with the distributed power abilities of ESG power generation when regional grids go down.
Data Centers – Can provide large data centers with clean low-cost energy in a relatively small package
Crypto Mining Operations – Can meet the energy demands of crypto mining operations without emitting carbon dioxide into the atmosphere.
For more information about ESG Clean Energy, please visit www.ESGcleanEnergy.com.
About ESG Clean Energy, LLC
ESG Clean Energy, LLC (ESG) develops Net Zero Carbon Footprints and clean energy solutions for businesses and power providers using natural gas. The ESG system utilizes patented, off-the-shelf technology to efficiently produce electricity while capturing and converting 100% of the carbon dioxide and water vapor, which can be used in the production of various commodities, such as distilled water, ethanol, and urea. More information about ESG Clean Energy, its technology, and its current projects can be found at www.ESGcleanEnergy.com.
Nick Scuderi, ESG Clean Energy, This email address is being protected from spambots. You need JavaScript enabled to view it., 413-272-2135
NEW YORK--(BUSINESS WIRE)--MRMP-Managers LLC ("MRMP"), announced today that it has transmitted a letter to Navios Maritime Partners L.P. (the "Company") (NYSE: NMM) sharing urgent and serious concerns regarding the current management and direction of the Company.
Ned Sherwood of MRMP commented, “Our group has had over thirty years of success investing in various companies that are operated by experienced multi-generation families. Angeliki Frangou is a member of a shipping family that spans generations. We are confident in her ability to manage NMM’s fleet of approximately 95 dry bulk and containerships. However, we have been confused by some of her recent financial decisions – decisions which seem imprudent and illogical – that run counter to sound business principles.
While we are only holders of LP interests in NMM, we have serious concerns regarding Angeliki’s decisions that seem designed to benefit other entities in the Navios group. We believe these decisions run counter to her duty as Chairman & CEO of NMM.
Therefore, we suggest in our letter that Angeliki and the GP implement the following policies that will benefit the unit holders of NMM and assure that we are not treated as second class holders. Set forth below is a summary of the points raised in our letter:
We hope that Angeliki Frangou takes our suggestions seriously and follows them, as we are certain that most shareholders would welcome fair and equitable treatment that benefits NMM only and not its affiliates.”
As required by applicable Securities and Exchange Commission rules, Ned Sherwood, MRMP and others filed a Schedule 13D report, disclosing their aggregate 5.8% ownership stake in the LP interests of NMM.
Cautionary Statement Regarding Forward-Looking Statements
This press release and MRMP’s letter to NMM (attached as an exhibit to the Schedule 13D filed today) contain forward-looking statements. All statements that are not clearly historical in nature or that necessarily depend on future events are forward-looking, and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. These statements are based on the current expectations of MRMP and its affiliates and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. Accordingly, readers should not place undue reliance on forward looking information. MRMP and its affiliates do not assume any obligation to update any forward-looking statements contained in this press release, except as required by applicable law.
Ned L. Sherwood
(772) 257-6658
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Partnering to find ways to build more with less waste through circular economy
CHICAGO--(BUSINESS WIRE)--LafargeHolcim in the US, along with its subsidiary company, Geocycle, today announced a cooperative agreement research project with the U.S. Army Corps of Engineers’ Engineer Research and Development Center (ERDC) to study how construction and demolition (C&D) materials can be used for energy recovery and mineral recycling.
Under this agreement, the ERDC will provide technical assistance and $3.4 million to conduct a waste characterization study and develop a basic research program to demonstrate how C&D debris from across U.S. military installations may be used to create alternative fuels, and alternative raw materials for the production of new, more sustainable construction materials.
“In 2018, the U.S. Environmental Protection Agency (EPA) estimated that approximately 600 million tons of construction and demolition debris was generated in the United States, which is more than twice the amount of generated municipal solid waste,” said Sophie Wu, director, Geocycle North America. “The partnership with the U.S. Army Corps of Engineers will help us better understand this material and see how we can create a circular economy program leading to a zero-waste future.”
This research will utilize resources at Geocycle’s Holly Hill Research Center in South Carolina and Holcim Ltd.’s Global Innovation Center in Lyon, France. Geocycle, a provider of industrial, agricultural and municipal waste management services worldwide, works to develop new, innovative waste management techniques combined with proven ‘co-processing’ technology.
“We expect this partnership to lead to waste reduction opportunities at Army installations,” explained Stephen Cosper, an environmental engineer and project manager at ERDC. “We’re very excited about how this project can positively impact our military installations and our environment in the future.”
The research team will begin by conducting a waste-characterization study at a number of military installations facing significant construction and demolition debris. Construction materials will then be evaluated for possible co-processing opportunities, including energy recovery, mineral reuse, and mineral recovery. Information obtained as part of this research will help the USACE identify ways to reduce waste, increase its circular economy, and avoid landfill costs and associated emissions.
“In the U.S., LafargeHolcim’s sustainability goals are at the heart of our research agenda. While we are proud to offer some of the leading low-carbon, sustainable, building products in the market today, we want to make sure we develop the next generation of materials needed to reach our net-zero goal,” said Toufic Tabbara, CEO, US Cement at LafargeHolcim. “This partnership with the U.S. Army Corps of Engineers will help us identify solutions that can help drive the circular economy, reduce landfill waste, and lower our carbon emissions nationwide.”
The cooperative agreement is supported by funds appropriated to the Department of Defense, and the Army Corps of Engineers’ research organization, the Engineer Research and Development Center. The research topic and any results do not necessarily reflect the position or policy of the government. No official endorsement should be inferred.
About the U.S. Army Engineer Research and Development Center
The U.S. Army Engineer Research and Development Center (ERDC) is one of the premier engineering and scientific research organizations in the world. As the research organization of the U.S. Army Corps of Engineers, ERDC conducts R&D in support of the soldier, military installations, and civil works projects as well as for other federal agencies, state and municipal authorities, and with U.S. industry through innovative work agreements. ERDC research is developing innovative solutions for a safer, better world.
About Holcim
Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products. More information is available on www.Holcim.com.
In the United States, LafargeHolcim in the US, a subsidiary of Holcim, includes close to 350 sites in 43 states and employs 7,000 people. Our customers rely on us to help them design and build better communities with innovative solutions that deliver structural integrity and eco-efficiency.
Jocelyn Gerst
T: +1 773 355 4701
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ST. JOHN’S, Newfoundland--(BUSINESS WIRE)--$ARR.TO #energytransition--Altius Renewable Royalties Corp. (TSX: ARR) (“ARR” or the “Company”), is pleased to report that its jointly controlled subsidiary, Great Bay Renewables, LLC (“Great Bay”) has closed a follow-on royalty investment of US$20 million with Apex Clean Energy (“Apex”) related to Apex’s broad portfolio of wind, solar and energy storage development projects located across North America. Great Bay provided an initial US$35 million in royalty financing to Apex in March 2020, with agreed mutual options for additional funding.
About ARR
ARR is a recently formed renewable energy company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators through its joint venture Great Bay Renewables, LLC. Apollo Fund (“Apollo”) is earning into a 50% joint venture interest by investing US$80 million. The funding of this additional US$20 million will be funded by Apollo pursuant to its earn-in. The Company combines industry expertise with innovative, partner-focused solutions to further the growth of the renewable energy sector as it fulfills its critical role in enabling the global energy transition.
For further information, please contact:
Flora Wood
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Ben Lewis
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SAN FRANCISCO--(BUSINESS WIRE)--#California--A report released today reveals that enabling the continued growth of distributed energy resources (DERs), like rooftop and community solar and battery storage, would save California ratepayers $120 billion over the next 30 years. According to the new analysis by national grid modeling experts Vibrant Clean Energy, commissioned by Local Solar for All, building an electricity system that combines and efficiently leverages more local solar and batteries with utility-scale renewables saves the grid the equivalent of $295 per year for the average California ratepayer.
Using a state-of-the art grid planning tool, the analysis goes beyond the limitations of traditional electricity system planning by leveraging big data and advanced analytics to produce a more complete and inclusive picture of the direct costs and benefits of all resources on the grid.
"What our model finds is that when you account for the costs associated with distribution grid infrastructure, distributed energy resources can produce a pathway that is lower cost for all ratepayers and emits fewer greenhouse gas emissions," said Dr. Christopher Clack, founder and CEO of Vibrant Clean Energy. "Our study shows this is true even as California looks to electrify other energy sectors like transportation."
The main takeaways from the analysis include:
The tool used for this analysis, WIS:dom®-P, analyzes trillions of data points including every potential energy resource and the direct costs and benefits associated with bringing the most cost effective resource mix to the electric grid. The model takes into account and enhances the delivery of local solar and storage generation located closer to customers on the distribution side of the grid.
Specifically, this analysis sought to uncover how the continued steady growth of local solar and storage would impact California’s electric grid as the state works to meet its clean energy and emission targets and transition to an electrified, carbon-free economy. The analysis compared a future with no additional buildout of local solar and storage against a future that assumed the California distributed rooftop solar market continued to grow at more than one gigawatt (GW) per year (as modeled by the California Energy Commission in order to meet the state’s climate goals), coupled with a ramp up to one GW per year of community solar by 2030 and an equally ambitious growth of local battery storage.
“Prioritizing local solar and batteries will help California meet its clean energy targets with less air pollution and carbon emissions, more customer savings, and more job creation,” said Rob Sargent, Campaign Director for Local Solar for All. “We encourage the California Public Utilities Commission to require utilities to upgrade their planning models to those that take advantage of more and better data and accurately value local solar and storage.”
In addition to the money that local solar and batteries save the grid, DERs provide tremendous societal benefits, including: increased energy equity; greater individual and community resilience during blackouts and extreme weather; reduced wildfire threat; fewer land use and wildlife impacts; local job creation and economic activity; greater reductions in air pollution; the ability to achieve clean energy goals on a faster timeline; and the opportunity to provide consumers with a tangible and meaningful mechanism for reducing climate change that furthers public support of other climate solutions.
“Fully embracing distributed energy is a no-brainer for consumers,” said Jenn Engstrom, State Director of CALPIRG. “Local solar and energy storage benefit all consumers by reducing our overall need for grid investments today, while helping build the clean and resilient grid of the future.”
"These results reconfirm the outsize value that local solar and storage provide to all Californians, '' said Susannah Churchill, Senior Regional Director, West for Vote Solar. “In planning for a clean, equitable and resilient future, the California Public Utilities Commission should take note of these findings and ensure that local clean energy can continue to grow."
“More advanced models prove that local solar and storage bring significant cost benefits to the grid and that if California builds out large amounts of local solar and storage with utility-scale renewables it can stand to save over a hundred billion dollars by 2050,” said Jeff Cramer, executive director of Coalition for Community Solar Access. “In order to realize these savings, we urge the Commission to adopt better models, continue to grow behind-the-meter solar and storage markets, and finally establish a competitive community solar program so all Californians can access local, low-cost solar.”
Find a summary of the analysis here and a slide deck highlighting key findings here. Learn more about the study from leading industry experts in a webinar on Thursday, July 22 at 1:00pm PT. Register here.
ABOUT LOCAL SOLAR FOR ALL
Local Solar for All’s mission is to create a safer, more affordable, and equitable way to supply power to our communities. The campaign is focused on promoting the benefits of local clean energy production and encouraging federal and state governments to accelerate the development of a more decentralized, distributed energy system. The campaign is being run by solar energy and storage companies, clean energy industry groups, and non-profits including the Coalition for Community Solar Access, Vote Solar, Solar United Neighbors, Sunrun, SunPower, Engie, IGS, and Sunnova. For more information, visit www.localsolarforall.org.
MEDIA:
Jamie Nolan for Local Solar for All, This email address is being protected from spambots. You need JavaScript enabled to view it., 410-463-9869
LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.30 (thirty cents) per common share, payable to stockholders of record on August 6, 2021. The dividend will be paid on August 20, 2021.
About J.B. Hunt
J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.
Brad Delco
Vice President - Finance & Investor Relations
(479) 820-2723
LONDON--(BUSINESS WIRE)--Macquarie Asset Management has reaffirmed its commitment to managing its portfolio in line with net zero emissions by 2040 with the release of its latest Sustainability Report. Macquarie Asset Management has also become one of the first large asset managers to sign The Climate Pledge, joining a global coalition of more than 100 climate leaders who share the ambition of achieving the goals of the Paris Agreement 10 years early.
The report [LINK] details Macquarie Asset Management’s sustainability efforts across its infrastructure, renewables, real estate, and agriculture portfolio. It also examines the successes and challenges encountered as the business integrates sustainability through its investment cycle.
In the report, the world’s largest infrastructure manager outlines an update on its progress towards achieving its commitment to invest and manage its portfolio in line with net zero carbon emissions by 2040. To date:
Ben Way, Group Head of Macquarie Asset Management, said; “In December 2020, we announced our commitment to invest and manage our portfolio in line with net zero emissions by 2040, 10 years ahead of the goals of the Paris Agreement. Since then, we have been working closely with our portfolio companies to ensure they have the capabilities, and resources needed to measure their emissions, set reduction targets, and develop realistic plans to achieve them.”
Beyond detailing Macquarie Asset Management’s net zero roadmap, the report provides insight into changing regulatory and investor expectations across key sustainability considerations and highlights other crucial priorities such as diversity and inclusion, climate resilience and technology. It includes learnings from improving digital inclusion, implementing sustainable farming practices, and driving efficiency in solar power generation.
Chris Leslie, Head of Sustainability for Macquarie Asset Management, said: “We are trusted to manage essential assets that impact people’s daily lives – including housing, water, power, communications and transport. We recognise the responsibility and the opportunity we have to place sustainability at the centre of everything we do. It brings a strong sense of purpose to our team’s daily activities. We are proud of the progress we have made so far but we have a long journey ahead of us, and that is exciting."
The release of the report coincides with Macquarie Asset Management’s signing of The Climate Pledge, becoming one of the first large asset managers to do so.
“In a year where the world has grappled with a global pandemic, racial injustice and social inequality, there are reasons to be optimistic. We have seen the world coming together on the need to take real and measurable action to address climate change. Although we acknowledge we have much more to do, we are proud to be contributing to this meaningful change and to be joining other climate leaders in signing the Climate Pledge,” said Ben Way.
“Macquarie Asset Management today joins a growing collective of companies in the financial services sector committing to and implementing sustainable practices as a part of The Climate Pledge, and we’re thrilled to welcome them,” said Sally Fouts, director of The Climate Pledge at Amazon. “We look forward to working with them to create the low-carbon economy of the future."
The more than 100 Pledge signatories in total generate more than $US1.4 trillion in global annual sales and have more than 5 million employees across 25 industries in 16 countries—demonstrating the collective impact The Climate Pledge can have in addressing climate change.
About Macquarie Asset Management
Macquarie Asset Management provides specialist investment solutions to clients across a range of capabilities including infrastructure & renewables, real estate, agriculture, transportation finance, private credit, equities, fixed income, and multi-asset solutions.
As at 31 March 2021, Macquarie Asset Management had $US427 billion of assets under management. Macquarie Asset Management has over 1,900 staff operating across 20 markets in Australia, the Americas, Europe and Asia.
Macquarie Asset Management has been managing assets for institutional and retail investors since 1980 in Australia and in the United States, retail investors recognise Delaware Funds® by Macquarie family of funds as one of the longest standing mutual fund families, with more than 80 years in existence.
About The Climate Pledge
In 2019, Amazon and Global Optimism co-founded The Climate Pledge, a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. Now more than 100 organizations have signed The Climate Pledge, sending an important signal that demand will rapidly grow for products and services that help reduce carbon emissions. Signatories to The Climate Pledge agree to measure and report greenhouse gas emissions on a regular basis, as well as implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations. Signatories also commit to neutralizing any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040—a decade ahead of the Paris Agreement’s goal of 2050.
Important Notices (Macquarie Asset Management): None of the entities referred to in this press release is an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity.
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Macquarie Group Media Relations, Americas
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Emily Martyn
Macquarie Group Media Relations, EMEA
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REDWOOD CITY, Calif.--(BUSINESS WIRE)--#curtainwall--Ubiquitous Energy, the leader in truly transparent solar energy technology, and Antamex Industries have agreed to form a partnership to bring transparent solar glazing to the commercial glazing market in North America. This partnership advances Ubiquitous Energy’s go-to-market strategy to bring its UE Power™ window products to market with Antamex, who is a widely recognized, and reputable design-engineer-manufacture-install unitized curtain wall facade supplier for the commercial glazing market primarily across North America.
This partnership is based on the strong strategic alignment of the two companies. UE is focused on seamlessly integrating transparent solar renewable energy technology into everyday products and surfaces, without aesthetic compromises. Antamex has a portfolio of new construction and retrofit commercial glazing projects and have customers that are looking for ways to make their glazing more energy efficient without sacrificing appearance or performance. By working together, the companies will bring a transparent solar enabled curtain wall glazing solution to architects, designers, façade engineers, developers, and building owner customers. This unique façade solution will significantly increase the performance of glass curtain walls into glazing that will meet the most stringent building codes without compromising on aesthetics and performance all while helping buildings achieve net zero energy and beyond by the renewable energy it provides.
“We are very pleased to announce our partnership with Antamex. We know that Antamex shares our vision to bring a renewable energy generating glazing solution to the commercial glazing market in North America. Given Antamex’s brand and reputation, we couldn’t have found a better glazing partner to help us do this.”
— Ubiquitous Energy CEO Susan Stone
“Antamex has a rich history of offering and delivering reputable, customized and high-quality unitized glazing solutions to our global customers. We are excited to be working with the Ubiquitous Energy team to bring a new type of solar energy generating glazing to the market.”
— Antamex President Ryan Spurgeon
___________
About Ubiquitous Energy
Ubiquitous Energy is the world leader in transparent photovoltaics. Its award-winning UE Power™ technology is the world’s only truly transparent solar product. UE Power™ harvests solar energy and serves as an invisible, onboard source of electricity for a variety of end use products. The thin coating can be applied to the surface of window glass to provide electricity generation and energy efficiency while remaining visibly indistinguishable from the fully transparent standard windows on the market today. Originally spun out of MIT, Ubiquitous Energy is now producing its highly transparent, efficient solar cells and windows in its production facility in Silicon Valley.
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About Antamex Industries
Antamex has been at the forefront of the building industry for over 50 years, headquartered in the Greater Toronto Area with operations primarily across North America. Antamex’s reputation has been built upon producing nearly 40 million square feet of high quality, innovative designs of curtain wall and modular façade systems. Antamex offers complete design, engineering, manufacturing, and installation of curtain wall systems to discerning clients around the world. Early consultation with architects and our participation with the design team support our clients in meeting the aesthetic, performance, and budget requirements of each unique project. We believe that our future lies in fostering an environment of initiative, creativity, and responsiveness within Antamex. We trust in our ability to innovate and commitment to deliver results. Our passion for defining skylines for generations to come is engrained in ever product we manufacture and project we complete.
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Veeral Hardev
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650-294-4333
SAN RAMON, Calif.--(BUSINESS WIRE)--#adms--GE Digital today announced the availability of the latest release of its Advanced Distribution Management Solution (ADMS). ADMS enables safe and secure management and orchestration of the electricity distribution grid. It delivers reliability, productivity, and efficiency through a modular architecture, adaptive algorithms, and predictive analytics for autonomous and optimized distribution grid and renewables operations.
Advances in the software enable electricity distribution utilities to optimize their operations with increased flexibility and operational awareness. This means that field crews and operations are better connected to provide an effective and efficient response to power distribution situations, including getting power restored more quickly in case of an outage.
As the industry commits to decarbonization through renewable sources like wind, solar, electric vehicles, and energy storage, GE Digital’s ADMS, with Distributed Energy Resources (DER) orchestration, enables utilities to enhance grid resiliency and reliability.
GE Digital’s ADMS also includes a new set of tools to support Automated Deployment and Testing to streamline upgrades and deployments for faster time to value.
Improved Distribution Optimization
With this update, GE Digital has further enhanced DER awareness and orchestration for distribution grid operations, improving capabilities of connected resources by modelling, visualization, forecasting, monitoring, and controlling assets. The advanced applications are able to efficiently analyze and leverage renewable resources for grid operations. GE Digital’s ADMS now leverages the IEEE 2030.5 communications standard to monitor and control behind-the-meter DERs through smart inverters.
Intuitive Outage Management
GE Digital’s ADMS enables operators to deliver a more effective and efficient response during the most severe weather. This release includes a leap forward in Outage Management applications, supporting utilities in decentralizing their outage response. A modern, intuitive user interface guides operators through the restoration process. It also empowers restoration specialists to work in concert across the utility with increased visibility for effective coordination of work throughout the organization and multiple locations.
The latest release also includes an enhanced user interface including workflows for control room operators and dispatchers. This feature improves workflow efficiency while maintaining safe and reliable switching operations and delivers improvements on regulatory key performance indicators (KPIs).
Real-Time Mobile Operations
GE Digital’s ADMS includes enhanced mobile operations that improve the connectivity between field crews and the control room by simplifying and digitizing the interaction. Field crews are provided with a real-time view of the grid, and switching orders allow switching to be recorded directly from the field. This streamlines grid management through secure field and control room collaboration delivering visibility and control to the field crew.
“Every day, management of the grid becomes more challenging,” said Jim Walsh, GE Digital General Manager, Grid Software. “The growth of Renewables and DERs provides an opportunity for electric utilities to leverage these new resources to manage grid reliability and resiliency. The distribution network is becoming more dynamic and working-from-home has increased the reliability needs for the low-voltage and secondary grid. Our software supports the full spectrum of electric utilities – from small to large – with mission critical, storm-proven systems.”
GE Digital’s ADMS achieved the number one leadership position in Navigant Research’s Advanced Distribution Management Solutions (ADMS) Leaderboard report. The Navigant Research Leaderboard ranks nine ADMS vendors based on a spectrum of 10 strategy and execution criteria. Vendors are profiled, rated, and ranked with the goal of providing an objective assessment of their relative strengths and weaknesses in the global ADMS market.
Global customers such as PT PLN (Persero) UP2D KALTIMRA – Indonesia are using GE Digital’s ADMS, while EDF SEI in French Guiana, Guadeloupe, Martinique, and Reunion are using our ADMS as well as our Advanced Energy Management System (AEMS) solutions, to accelerate their digital transformation.
More information about GE Digital’s ADMS solutions can be found here. Read Top 7 Benefits of the Evolution to ADMS blog and Digital Transformation: The Benefits of a SCADA to ADMS Evolution white paper.
About GE Digital
GE Digital transforms how our customers solve their toughest challenges by putting industrial data to work. Our mission is to bring simplicity, speed, and scale to digital transformation activities, with industrial software that delivers breakthrough business outcomes. GE Digital’s product portfolio – including grid optimization and analytics, asset and operations performance management, and manufacturing operations and automation – helps industrial companies in the utility, power generation, oil & gas, aviation, and manufacturing sectors change the way industry works. For more information, visit www.ge.com/digital.
Media contact:
Ellie Holman
GE Digital
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LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy, LP announced today that the United States Department of Energy’s National Energy Technology Laboratory (DOE-NETL) awarded the company federal funding as part of a national effort to advance next-generation clean hydrogen technologies and support DOE’s recently announced Hydrogen Energy Earthshot initiative to reduce the cost and accelerate breakthroughs in the clean hydrogen sector.
The DOE award will fund Tallgrass’ study of CO2 capture associated with producing hydrogen from natural gas via an autothermal reforming (ATR) facility. The study’s objective is to design a commercial-scale carbon capture unit capable of capturing 1.66 million metric tons per year of pure CO2 with more than 97 percent total carbon capture efficiency. Over the coming months, Tallgrass will work with DOE officials to finalize terms and scope of the study, valued at $1.875 million.
“Tallgrass is committed to playing a leadership role in advancing technologies that fully leverage resources such as hydrogen to deliver energy to people in a way that begins to decarbonize our world,” said Tallgrass CEO William R. Moler. “Tallgrass has made significant investments in building the technical and organizational expertise to become a global leader in emerging energy technologies like hydrogen and carbon sequestration. In time, these technologies will grow our company and make the global energy portfolio cleaner.”
Tallgrass is partnering with the DOE-NETL, the University of Wyoming, Technip Energies, BASF Corporation and Haldor Topsoe on this effort.
“This study reflects our commitment to advancing decarbonized energy solutions for our customers,” said Damon Daniels, Chief Commercial Officer at Tallgrass. “We look forward to working with our industry-leading partners on this initiative.”
According to the study outcome, Tallgrass said it is evaluating the development of an ATR plant in Douglas, Wyo., for hydrogen production and carbon capture and storage on a commercial scale. The project will support DOE’s goal of producing hydrogen from natural gas with carbon neutral emissions, or “blue” hydrogen. As a fuel, hydrogen has the potential to play a major role in reducing emissions from the electricity and transportation sectors. It is also a critically important commodity for the agricultural and industrial sectors of our economy.
To learn more about Tallgrass Energy, please visit us at www.tallgrassenergy.com.
Cautionary Note Concerning Forward-Looking Statements
Disclosures in this press release contain forward-looking statements. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that management expects, believes or anticipates will or may occur in the future are forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include the expected funding by DOE of Tallgrass' study of CO2 capture associated with producing hydrogen from natural gas via an autothermal reforming (ATR) facility, the timing of finalizing the details of the study with DOE officials, and the expected growth from emerging energy technologies. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Tallgrass, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements, and other important factors that could cause actual results to differ materially from those projected, including those set forth in reports and financial statements made available by Tallgrass. Any forward-looking statement applies only as of the date on which such statement is made, and Tallgrass does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Tallgrass Energy
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PHOENIX--(BUSINESS WIRE)--#energyindependence--Climate change is one of the largest challenges facing the world today and driving fossil fuel prices up. Finding immediate solutions is a global must. Arizona-based Suntria is proud to be part of the solution through providing residential solar and battery systems. Suntria’s mission is to empower homeowners to gain energy independence through its innovative energy systems.
Solar & Batteries are key to cleaner household energy consumption. They enable homeowners to gain energy independence while saving on their utility bills. The average homeowner is not aware that solar and batteries are becoming more affordable than ever. At the same time, corporate-owned power companies keep raising rates despite the fact that as the population increases so does the stress on their grids, causing them to become more unreliable than ever before.
Suntria is the leading full home energy solution provider serving Arizona, Nevada, and Texas with plans to expand into additional markets. Suntria is focused on making homes cost-efficient and independent from the increasingly unreliable power companies. With the company’s number one priority being complete homeowner satisfaction. Suntria is employee-owned and takes each homeowner’s experience personally.
Suntria offers a turnkey experience to the homeowner from the on-set of the process. From its complimentary in-home estimate to the final step of the installation of your solar system, your project manager otherwise known as your “Suntria Prodigy” is there for the homeowner every step of the process. Suntria’s Made-In-The-USA solar panels are installed by its own team of fully licensed electrical technicians – no third-party installers.
All products offered by Suntria are the latest in technology, from its cutting edge-batteries that provide power even during an outage, to microinverters that convert the power of the sun into energy, to its proprietary software. Finally, all your energy usage and system status can be fully monitored from the palm of your hand, anywhere, with Suntria’s solar monitoring mobile app. Suntria constantly strives to innovate and provide its homeowners the latest technology in their energy independence transition.
With Suntria you can have peace of mind knowing your energy independence is protected with a 25-year manufacturer warranty that covers parts. Also offered is Suntria’s 30-year insurance plan that is the industry leader. What does that mean to the homeowner? It means Suntria builds a 30-year relationship with its homeowners and why so many people trust Suntria as they know their investment is protected. Suntria has also earned the highest credentials that the industry has to offer, including NABCEP and SEIA Certifications.
“Going solar with a battery is the practical, most reliable and cost-effective energy saver,” states Deborah Casper, Chief Financial Officer of Suntria. Adding, “There has never been a more important time to become energy independent than now. With all the climate changes like drought and natural disasters wiping power in entire states plus volatile rate increases from local power companies, and just the overall concern with the environment, the time for solar & batteries is now. In going solar, the customer has the benefit of watching the value of your home go up and your utility bill go down and the tax credits offered will save you even more money.”
To get started on your own energy independence program, reach out to Suntria today at 1-877-SUN-NOW-1 or schedule your appointment at suntria.com.
About Suntria
Founded over 17 years ago, Suntria is a high-tech company revolutionizing the home energy market. Suntria believes in empowering people through innovative energy systems with trust, quality, transparency, and complete homeowner satisfaction. Proudly having installed and maintained over 17,000 solar systems, Suntria is building an experience that is paving the way for environmentally and financially conscious homeowners to rethink about the benefits of solar power.
For additional information go to suntria.com or call 1-877-SUN-NOW-1 to schedule your free estimate.
Barbara Carrera Holland
CH Media
(602) 810.1924
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NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced publication of its 24th annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on environmental, social and governance (ESG) programs and initiatives. Hess Corporation’s 2020 Sustainability Report is available on the company’s website at www.hess.com/sustainability/sustainability-reports.
“Our longstanding commitment to sustainability guides our strategy and actions to create value for all of our stakeholders,” CEO John Hess said. “Our strategy aligns with the world’s growing need for the affordable, reliable and cleaner energy necessary to ensure human welfare and global economic development. At the same time, we recognize that climate change is the greatest scientific challenge of the 21st century and support the aim of the Paris Agreement and a global ambition to achieve net zero emissions by 2050. We have set aggressive emission reduction targets and are investing in technological and scientific advances designed to reduce, capture and store carbon emissions.”
Hess Corporation’s 2020 Sustainability Report shows how sustainable business practices are integrated into the company’s strategy, goals and daily operations. Highlights include:
Hess Corporation’s 2020 Sustainability Report was prepared in accordance with the Core level for sustainability reporting under the Global Reporting Initiative (GRI) Standards, an independent organization that provides the world’s most widely recognized sustainability reporting and disclosure standards. Preparation of the report was informed by TCFD recommendations and oil and gas industry metrics from the Sustainability Accounting Standards Board (SASB). The report has been third-party assured by ERM Certification and Verification Services.
Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on the company is available at www.hess.com.
Cautionary Statements
This release contains “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. Words such as “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “would,” “believe,” “intend,” “project,” “plan,” “predict,” “will,” “target” and similar expressions identify forward-looking statements, which are not historical in nature. Our forward-looking statements may include, without limitation: information about sustainability goals and targets and planned social, safety and environmental policies, programs and initiatives; our future financial and operational results; our business strategy; estimates of our crude oil and natural gas reserves and levels of production; benchmark prices of crude oil, natural gas liquids and natural gas and our associated realized price differentials; our projected budget and capital and exploratory expenditures; expected timing and completion of our development projects and proposed asset sale; and future economic and market conditions in the oil and gas industry.
Forward-looking statements are based on our current understanding, assessments, estimates and projections of relevant factors and reasonable assumptions about the future. Forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from our historical experience and our current projections or expectations of future results expressed or implied by these forward-looking statements. The following important factors could cause actual results to differ materially from those in our forward- looking statements: fluctuations in market prices of crude oil, natural gas liquids and natural gas and competition in the oil and gas exploration and production industry, including as a result of COVID-19; reduced demand for our products, including due to COVID-19 or the outbreak of any other public health threat, or due to the impact of competing or alternative energy products and political conditions and events; potential failures or delays in increasing oil and gas reserves, including as a result of unsuccessful exploration activity, drilling risks and unforeseen reservoir conditions, and in achieving expected production levels; changes in tax, property, contract and other laws, regulations and governmental actions applicable to our business, including legislative and regulatory initiatives regarding environmental concerns, such as measures to limit greenhouse gas emissions and flaring as well as fracking bans; disruption or interruption of our operations due to catastrophic events, such as accidents, severe weather, geological events, shortages of skilled labor, cyber-attacks or health measures related to COVID-19; the ability of our contractual counterparties to satisfy their obligations to us, including the operation of joint ventures under which we may not control; the ability to satisfy the closing conditions of the proposed asset sale; unexpected changes in technical requirements for constructing, modifying or operating exploration and production facilities and/or the inability to timely obtain or maintain necessary permits; availability and costs of employees and other personnel, drilling rigs, equipment, supplies and other required services; any limitations on our access to capital or increase in our cost of capital, including as a result of weakness in the oil and gas industry or negative outcomes within commodity and financial markets; liability resulting from litigation, including heightened risks associated with being a general partner of Hess Midstream LP; and other factors described in Item 1A—Risk Factors in our Annual Report on Form 10-K and any additional risks described in our other filings with the Securities and Exchange Commission.
As and when made, we believe that our forward-looking statements are reasonable. However, given these risks and uncertainties, caution should be taken not to place undue reliance on any such forward-looking statements since such statements speak only as of the date when made and there can be no assurance that such forward-looking statements will occur and actual results may differ materially from those contained in any forward-looking statement we make. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.
Investor Contact:
Jay Wilson
(212) 536-8940
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Media Contact:
Lorrie Hecker
(212) 536-8250
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AMES, Iowa--(BUSINESS WIRE)--$REGI--Manchester United (NYSE:MANU) has reinforced its commitment to environmental sustainability through a global partnership with Renewable Energy Group, Inc. (NASDAQ: REGI), a leading producer of renewable fuels, with a shared mission to tackle climate change and create a cleaner world.
Dedicated to providing high-quality and easy-to-use renewable fuels, Renewable Energy Group recycles waste and by-product fats and oils into sustainable fuels. This enables organizations and individuals to become more environmentally friendly, without sacrificing quality or performance.
The Club and Renewable Energy Group will work together to raise awareness of the company’s biofuel products and encourage positive environmental change among Manchester United’s global fanbase and beyond.
Manchester United was among the first football clubs in the world to launch a carbon reduction programme in 2008 and since then has reduced annual emissions from its operations by 2,700 tonnes. The Club will be seeking to build on this record through its new partnership with Renewable Energy Group.
“As one of the most popular sports teams in the world, the Club has a powerful platform to help raise awareness of how people can contribute towards a cleaner, more sustainable future for our planet,” said Collette Roche, Manchester United Chief Operating Officer.
“We are already an environmental leader among football clubs after 12 consecutive years of reduction in our greenhouse gas emissions. We will now work with Renewable Energy Group to explore ways of shrinking our carbon footprint further. Together, we can make a difference in the fight against climate change, and the goal of developing a greener, cleaner planet.”
“As a leading producer of cleaner, bio-based diesel, it’s a natural fit for Renewable Energy Group to partner with another sustainability-minded leader like Manchester United,” said Renewable Energy Group President and Chief Executive Officer Cynthia “CJ” Warner. “The world is at a critical juncture in which we are all recognizing that we must do more to reduce harmful emissions, and there is a growing desire to secure more immediate and practical low carbon solutions. Together, alongside Manchester United, we will amplify our simple-to-adopt opportunities for individuals and organizations to reduce carbon now.
“Renewable Energy Group brings a history of innovation and determination to deliver real impact through the production of cleaner fuels. Our sustainable fuels are a viable low carbon solution that can help us achieve greenhouse gas reduction and create a cleaner world.”
To learn more about Renewable Energy Group, visit https://www.regi.com/renewable-fuel-partner.
Notes to Editor
Manchester United holds the Carbon Trust Standard certification for its commitment to reducing greenhouse gas emissions annually. The Carbon Trust Standard provides official recognition to organisations that follow best practice in the measurement, management and reduction of carbon emissions. Manchester United has been certified six consecutive times since first achieving the Carbon Trust Standard in 2010 and has reduced its carbon emissions every year since then.
About Manchester United
Manchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Earth. Through our 143-year heritage we have won 66 trophies, enabling us to develop the world’s leading sports brand and a global community of 1.1 billion fans and followers. Our large, passionate community provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, new media & mobile, broadcasting and match day.
About Renewable Energy Group
Renewable Energy Group, Inc. is leading the energy and transportation industries’ transition to sustainability by transforming renewable resources into high-quality, sustainable fuels. Renewable Energy Group is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. Renewable Energy Group utilizes a global integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2020, Renewable Energy Group produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction. Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.
Forward Looking Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to REG’s plans or objectives for REG’s products and services. These forward-looking statements are based on current expectations and assumptions, are subject to change, and actual results may differ materially from the forward looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in governmental programs and policies requiring or encouraging the use of biofuels; availability of federal and state governmental tax incentives and incentives for biomass-based diesel production REG’s ability to successfully implement this partnership; and other risks described in REG's annual report on Form 10-K for the year ended December 31, 2020 quarterly report on Form 10-Q for the quarter ended March 31, 2021 and from time to time in REG's other periodic filings with the SEC. Manchester United risk factors are described in the “Risk Factors” section and elsewhere in the Registration Statement on Form F-1, as amended (File No. 333-182535) and the annual report on Form 20-F. All forward-looking statements are made as of the date of this press release and each of REG and Manchester United does not undertake to update any forward-looking statements based on new developments or changes in our expectations.
Enquiries:
Kate Lowe
Manchester United
+44 (0) 7785 451 035
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Katie Stanley
Renewable Energy Group
+1 515 239 8184
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Jason Dorow
On behalf of Renewable Energy Group
+1 952 923 4363
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SAN JOSE, Calif.--(BUSINESS WIRE)--$BE #earnings--Bloom Energy (NYSE: BE) today announced it will release its second quarter fiscal year 2021 financial results on August 4, 2021 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT)/ 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.
Q2 2021 Conference Call and Webcast
Date: August 4, 2021
Time: 2 p.m. PT/ 5 p.m. ET
Live Dial in: Domestic (833) 520-0063 | International +1 (236) 714-2197
Participant Passcode: 7526169
Live webcast: https://investor.bloomenergy.com/
A telephonic replay of the conference call will be accessible for one week following the call at:
Dial in: Domestic (800) 585-8367 | International + 1 (416) 621-4642
Passcode: 7526169
The Investors section of the Bloom Energy website will also host a replay for one year following the webcast at https://investor.bloomenergy.com/.
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.
Investor Relations:
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Media Relations:
Jennifer Duffourg
Bloom Energy
+1 (480) 341-5464
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