HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Standard Time (EST) on Thursday, January 27, 2022 to discuss fourth quarter 2021 earnings. The company plans to release its financial and operating results before the market opens that morning.
A webcast link and related presentation material will be included on the Investors page of the company’s website at http://ir.murphyoilcorp.com.
Date: Thursday, January 27, 2022
Time: 9:00 a.m. EST
Toll Free Dial-in: 888-886-7786
Conference ID: 95308225
ABOUT MURPHY OIL CORPORATION
As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers people by doing right always, staying with it and thinking beyond possible. Murphy challenges the norm, taps into its strong legacy and uses its foresight and financial discipline to deliver inspired energy solutions. Murphy sees a future where it is an industry leader who is positively impacting lives for the next 100 years and beyond. Additional information can be found on the company’s website at www.murphyoilcorp.com.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as “aim”, “anticipate”, “believe”, “drive”, “estimate”, “expect”, “expressed confidence”, “forecast”, “future”, “goal”, “guidance”, “intend”, “may”, “objective”, “outlook”, “plan”, “position”, “potential”, “project”, “seek”, “should”, “strategy”, “target”, “will” or variations of such words and other similar expressions. These statements, which express management’s current views concerning future events or results, are subject to inherent risks and uncertainties. Factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement include, but are not limited to: macro conditions in the oil and natural gas industry, including supply/demand levels, actions taken by major oil exporters and the resulting impacts on commodity prices; increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where we do business; the impact on our operations or market of health pandemics such as COVID-19 and related government responses; other natural hazards impacting our operations or markets; any other deterioration in our business, markets or prospects; any failure to obtain necessary regulatory approvals; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the US or global capital markets, credit markets or economies in general. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the US Securities and Exchange Commission (“SEC”) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statements.
Investor Contacts:
Kelly Whitley, This email address is being protected from spambots. You need JavaScript enabled to view it., 281-675-9107
Megan Larson, This email address is being protected from spambots. You need JavaScript enabled to view it., 281-675-9470
KILGORE, Texas--(BUSINESS WIRE)--Martin Resource Management Corporation (“MRMC”), announced today that Martin Resource LLC (“MRLLC”), a wholly owned subsidiary of MRMC, exercised its call right options with Senterfitt Holdings Inc. (“Senterfitt”) to acquire a 49% voting interest (50% economic interest) in MMGP Holdings LLC (“Holdings”). Holdings is the sole owner of Martin Midstream GP LLC (the “General Partner”), the general partner of Martin Midstream Partners L.P. (Nasdaq: MMLP) (“MMLP”). Upon closing MRMC indirectly holds 100% of the membership interests in Holdings and the General Partner. The transaction was effective December 22, 2021.
In addition to its interest in Holdings, MRMC, through various wholly-owned subsidiaries, is one of the largest unit holders of MMLP owning approximately 6.1 million common limited partnership units of MMLP.
About Martin Resource Management Corporation
MRMC through its various subsidiaries is an independent provider of marketing and distribution services for fuel oil, asphalt, diesel fuel and high-quality naphthenic lubricants. The privately-held company is based in Kilgore, Texas and was founded in 1951 by R.S. and Margaret Martin. MRMC indirectly holds 100% of the membership interests in Holdings, the sole member of the General Partner of MMLP.
About Senterfitt Holdings Inc.
Senterfitt is wholly-owned by Ruben S. Martin, III, President and Chief Executive Officer of MRMC, and holds various personal investments on Ruben S. Martin's behalf.
About Martin Midstream Partners
MMLP, headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP'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. Follow Martin Midstream Partners L.P. on LinkedIn and Facebook.
MMLP-C
Sharon Taylor
Chief Financial Officer
(877) 256-6644
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NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Graphene & Solar Technologies, Ltd. (OTC.QB: GSTX) – a pioneering developer of critical production components for high-tech alternative energy applications and water recovery systems recently acquired Air-To-Water, LLC, a water-extraction-from-air technology company to be based in Nevada.
GSTX will manufacture Air-To-Water’s proprietary water extraction technology in the U.S. A single standalone unit can harvest 13-20 gallons (50-75 liters) of clean atmospheric water daily using solid-state technology with no moving parts, while efficiently running on electrical power, solar power and/or battery. Multiple Air-To-Water units operating in parallel can create water harvesting farms. Each unit is expected to sell for between $5,000 and $8,000 (USD), while providing an expected lifespan of over 10 years.
“We’re pleased to expand our portfolio of leading-edge technological innovations with this critically important water system,” says Roger May, CEO of GSTX. “Creative, scientific advances like this are essential to help solve many of our world’s natural resource shortages.”
According to the United Nations, 2.3 billion people reside in water-stressed countries, of which 733 million live in high and critically water-shortage areas. In the U.S., the Environmental Protection Agency expects 40 states to experience some freshwater shortages in the next ten years.
About Graphene & Solar Technologies
Graphene & Solar Technologies, Ltd. (OTC: GSTX) is a pioneering developer of critical components for high-tech alternative energy and water recovery systems, notably transparent photovoltaic (PV) solar cells/panels. These critical components include: advanced flexible and conductive thin films using nano particles; graphene and graphene-enhanced polymers; high-purity quartz sand essential for the manufacturing of PV solar panels and semiconductors; and water extraction technology. GSTX’s subsidiary, US Thin-Film Corporation, holds 120 internationally recognized, patented technologies relevant for the production of transparent, flexible solar panels that will offer expanded mounting possibilities on various surfaces, replacing many existing cumbersome, metal-framed solar installations. Located in Newport Beach, Calif., GSTX also has JV offices in Australia, Southeast Asia, Korea, the Middle East and Europe.
Forward-Looking Statements
All statements in this release that are not strictly historical facts are “forward-looking statements.” Forward-looking statements are based on GSTX’s current assumptions, beliefs and expectations. They involve risks, uncertainties and other factors that may cause GSTX’s actual results to be materially different from any results expressed or implied by such forward-looking statements.
GSTX-Investor/Media Consultant: Warren Djerf: 1-952-920-3908 or This email address is being protected from spambots. You need JavaScript enabled to view it. (U.S.)
GSTX-Corporate Office: Roger May, CEO of GSTX: 1-844-301-4000 (Australia) This email address is being protected from spambots. You need JavaScript enabled to view it. and/or This email address is being protected from spambots. You need JavaScript enabled to view it.
PLANO, Texas--(BUSINESS WIRE)--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a virtual panel discussion, Outlook for Carbon Capture, at the 2022 Goldman Sachs Global Energy and Clean Technology Conference on Wednesday, January 5, 2022, at 10:20 a.m. Eastern Time (9:20 a.m. Central Time). Mr. Kendall and other members of management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be available the same morning in the Investor Relations section of the Company’s website at www.denbury.com.
ABOUT DENBURY
Denbury is an independent energy company with operations and assets focused on Carbon Capture, Use and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2013 has been active in CCUS through the injection of captured industrial-sourced CO2. The Company currently injects over three million tons of captured industrial-sourced CO2 annually, and its objective is to fully offset its Scope 1, 2, and 3 CO2 emissions within this decade, primarily through increasing the amount of captured industrial-sourced CO2 used in its operations. For more information about Denbury, visit www.denbury.com.
Follow Denbury on Twitter and Linkedin.
DENBURY CONTACTS:
Brad Whitmarsh, Executive Director, Investor Relations, 972.673.2020, This email address is being protected from spambots. You need JavaScript enabled to view it.
SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (NYSE: SWN) (the “Company”) today announced the extension of its previously announced cash tender offers (the “Tender Offers”) to purchase for cash up to $300,000,000 aggregate principal amount (the “Maximum Tender Amount”) of its 4.95% Senior Notes due 2025 (the “2025 Notes”) and its 7.75% Senior Notes due 2027 (the “2027 Notes” and, together with the 2025 Notes, the “Notes”), subject to the terms and conditions described in the Company’s Offer to Purchase dated November 23, 2021 (the “Offer to Purchase”).
The Tender Offers extended expiration date is 5:00 p.m., New York City time, on December 30, 2021 (the “Extended Expiration Date”).
The terms and conditions of the Tender Offers otherwise remain unchanged and are set forth in the Offer to Purchase.
According to information received from Global Bondholder Services Corporation, the Tender Agent and Information Agent for the Tender Offers, as of 5:00 p.m., New York City Time, on December 29, 2021, the Company received $401,547,000 aggregate principal amount of 2025 Notes validly tendered (and not validly withdrawn).
Because the increased Maximum Tender Amount is exceeded by the aggregate principal amount of 2025 Notes tendered in the Tender Offers, the Company will not purchase any tendered 2027 Notes. In addition, all of the 2025 Notes validly tendered at or prior to the Extended Expiration Date, including the 2025 Notes tendered as of 5:00 p.m. New York City Time on December 7, 2021 (the “Early Tender Time”) and any additional 2025 Notes validly tendered following the Early Tender Time, will be subject to proration based on the total principal amount of 2025 Notes validly tendered at or prior to the Extended Expiration Date.
RBC Capital Markets, LLC and Wells Fargo Securities, LLC are the Lead Dealer Managers in the Tender Offers and BofA Securities, Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC and MUFG Securities Americas Inc. are Co-Dealer Managers in the Tender Offers. Global Bondholder Services Corporation has been retained to serve as the Tender Agent and Information Agent for the Tender Offers. Persons with questions regarding the Tender Offers should contact RBC Capital Markets, LLC at (toll free) (877) 381-2099 or (collect) (212) 618-7843 and Wells Fargo Securities, LLC at (toll free) (866) 309-6316 or (collect) (704) 410-4756. Requests for the Offer to Purchase should be directed to Global Bondholder Services Corporation at (toll free) (866) 807-2200 or by email to This email address is being protected from spambots. You need JavaScript enabled to view it..
None of the Company, the Dealer Managers, the Tender and Information Agent, the trustees or any of their respective affiliates (x) makes any recommendation that holders of Notes tender or refrain from tendering all or any portion of the principal amount of their Notes, and no one has been authorized by any of them to make such a recommendation or (y) except as expressly set forth herein with respect to the Company, the Dealer Managers, the Tender and Information Agent or any of their respective affiliates, makes any representations or warranties. The trustees do not assume any responsibility for the accuracy or completeness of the information concerning the Company, its affiliates or the Notes contained herein or any failure by the Company to disclose events that may have occurred and may affect the significance or accuracy of that information. Holders of Notes must make their own decision as to whether to tender their Notes, and, if so, the principal amount of Notes as to which action is to be taken.
This news release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities. The Tender Offers are being made only pursuant to the Offer to Purchase and only in such jurisdictions as is permitted under applicable law. In any jurisdiction in which the Tender Offers are required to be made by a licensed broker or dealer, the Tender Offers will be deemed to be made on behalf of the Company by the Dealer Managers (as defined in the Offer to Purchase), or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.
About Southwestern Energy
Southwestern Energy Company is a leading U.S. producer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation’s most prolific shale gas basins. SWN’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its scale, financial strength and operational execution.
Forward-Looking Statements
Certain statements and information in this news release may constitute “forward-looking statements.” Forward-looking statements relate to future events, including, but not limited to the Tender Offers. The words “believe,” “expect,” “anticipate,” “plan,” “predict,” “intend,” “seek,” “foresee,” “should,” “would,” “could,” “attempt,” “appears,” “forecast,” “outlook,” “estimate,” “project,” “potential,” “may,” “will,” “likely,” “guidance,” “goal,” “model,” “target,” “budget” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Statements may be forward looking even in the absence of these particular words. Where, in any forward-looking statement, Southwestern Energy Company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. Management cautions you that the forward-looking statements contained herein are not guarantees of future performance, and we cannot assure you that such statements will be realized or that the events and circumstances they describe will occur. Factors that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements herein include, but are not limited to: closing the GEPH merger; the timing and extent of changes in market conditions and prices for natural gas, oil and natural gas liquids, including regional basis differentials and the impact of reduced demand for our production and products in which our production is a component due to governmental and societal actions taken in response to COVID-19 or other public health crises and any related company or governmental policies and actions to protect the health and safety of individuals or governmental policies or actions to maintain the functioning of national or global economies and markets; our ability to fund our planned capital investments; a change in our credit rating, an increase in interest rates and any adverse impacts from the discontinuation of the London Interbank Offered Rate; the extent to which lower commodity prices impact our ability to service or refinance our existing debt; the impact of volatility in the financial markets or other global economic factors; difficulties in appropriately allocating capital and resources among our strategic opportunities; the timing and extent of our success in discovering, developing, producing and estimating reserves; our ability to maintain leases that may expire if production is not established or profitably maintained; our ability to transport our production to the most favorable markets or at all; the impact of government regulation, including changes in law, the ability to obtain and maintain permits, any increase in severance or similar taxes, and legislation or regulation relating to hydraulic fracturing, climate and over-the-counter derivatives; the impact of the adverse outcome of any material litigation against us or judicial decisions that affect us or our industry generally; the effects of weather; increased competition; the financial impact of accounting regulations and critical accounting policies; the comparative cost of alternative fuels; credit risk relating to the risk of loss as a result of non-performance by our counterparties; and any other factors listed in the reports we have filed and may file with the Securities and Exchange Commission that are incorporated by reference herein. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.
Investor Contact
Brittany Raiford
Director, Investor Relations
(832) 796-7906
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KENNESAW, Ga. & PASADENA, Calif.--(BUSINESS WIRE)--Athena Technology Acquisition Corp. (NYSE: ATHN) (“ATHN”), a publicly-traded special purpose acquisition company, today announced that its stockholders voted to approve the previously announced business combination with Heliogen, Inc. (“Heliogen”) at ATHN’s special meeting of stockholders (the “Special Meeting”) held today, December 28, 2021.
More than 91% of the votes cast at the Special Meeting were in favor of the approval of the business combination. ATHN stockholders also voted to approve all other proposals presented at the Special Meeting. ATHN plans to file the results of the Special Meeting, as tabulated by an independent inspector of elections, on a Form 8-K with the Securities and Exchange Commission tomorrow.
Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on December 30, 2021. Following the closing, the combined company will be renamed “Heliogen, Inc.” and its common stock and warrants are expected to commence trading on the New York Stock Exchange under the symbols “HLGN” and “HLGNW,” respectively, on December 31, 2021.
About Athena Technology Acquisition Corp.
Athena Technology Acquisition Corp. is an entirely women-led special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the technology, direct-to-consumer and fintech industries.
About Heliogen
Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996. For more information about Heliogen, please visit heliogen.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement; (ii) the outcome of any legal proceedings that may be instituted against Athena, Heliogen or others following announcement of the business combination; (iii) the inability to complete the transactions contemplated by the business combination agreement; (iv) the ability to obtain or maintain the listing of Heliogen’s common stock on the NYSE following the business combination; (v) the risk that the proposed transaction disrupts current plans and operations as a result of the announcement and consummation of the business combination; (vi) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, the ability of Heliogen to grow and manage growth profitably, maintain relationships with customers, compete within its industry and retain its key employees; (vii) costs related to the proposed business combination; (viii) changes in applicable laws or regulations; (ix) the effect of the COVID-19 pandemic on Heliogen’s business; (x) the ability of Heliogen to execute its business model, including market acceptance of its planned products and services and achieving sufficient production volumes at acceptable quality levels and prices; (xi) Heliogen’s ability to raise capital; (xii) the possibility that Heliogen may be adversely impacted by other economic, business, and/or competitive factors; and (xiii) future exchange and interest rates. 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, as amended through November 19, 2021, in the definitive proxy statement / prospectus, dated December 3, 2021 and other documents filed by Athena 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 Athena and Heliogen assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Athena nor Heliogen gives any assurance that either Athena or Heliogen, or the combined company, will achieve its expectations.
Athena Technology Acquisition Corp. Contacts
For Media:
Berns Communications Group
This email address is being protected from spambots. You need JavaScript enabled to view it.
(973) 727-8400
(917) 922-4435
Heliogen Contacts
For Media:
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For Investors:
Caldwell Bailey
ICR, Inc.
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Benchmark Digital Partners Joined Effort to Harmonize Science-Based Emissions Reductions Targets and Advance Nature-Positive Corporate Climate Action
CINCINNATI--(BUSINESS WIRE)--As part of its ongoing efforts to leverage data to combat the climate crisis, Benchmark Digital Partners LLC (Benchmark) today joined the Corporate Engagement Program of the Science Based Targets Network (SBTN), a part of the Global Commons Alliance. Benchmark, a leading provider of cloud-based Environmental, Social and Governance (ESG) software solutions, knows companies can limit their greenhouse gas emissions and better safeguard against climate risks when they have built a culture of providing and acting upon accurate, timely, complete, relevant, and auditable climate-related disclosures. As a Corporate Engagement Program member, Benchmark will contribute to SBTN’s development of science-based targets and guidance that organizations can use to reduce their emissions in line with Paris Agreement goals.
By joining the Program, Benchmark is expanding the scope of its principal mission of helping companies administer data-driven decarbonization and climate risk mitigation programs by working with SBTN to ensure the world’s freshwaters, oceans, land and biodiversity are protected and restored. Benchmark will help SBTN develop science-based targets for corporate action on climate and nature, and is committed to helping road-test the methods, tools, and guidance for implementing these targets to ensure they are implementable and user-friendly.
“We believe climate-related financial disclosures, and the data that enable them, are critical for adapting to and helping reverse the climate crisis,” said Benchmark CEO and Founder, R. Mukund. “With investment-grade ESG data, companies can improve their bottom lines, gird themselves against climate impacts, and build a culture of sustainability. By joining the Corporate Engagement Program of the SBTN, we are helping our subscribers bring their organizations in line with Paris Agreement objectives. Our Sustainability and ESG disclosure solutions will support companies setting science-based targets by helping them generate, analyze, verify and report the investment-grade data needed for effective sustainability management and decision-useful ESG disclosures.”
The SBTN is a collaboration of leading global non-profits and mission-driven organizations working together to equip companies as well as cities with the guidance to set science-based targets for all of Earth’s systems. The SBTN builds upon the momentum of the Science Based Targets initiative (SBTi), which defines and promotes best practice in emissions reductions and net-zero targets rooted in climate science. The ultimate goal of the SBTN is for the world’s major companies and cities to have adopted science-based targets and taken action for climate, which companies will continue to do through the SBTi, alongside water, land, ocean, and biodiversity by 2025.
“Combating climate change is a generational effort,” continued Mukund. “And the Benchmark team is proud to be aiding in the fight. Adopting the SBTi methodology and contributing to the development of science-based targets for nature through our SBTN membership are in line with a commitment we have had since our inception and will have for decades to come.”
About Benchmark ESG™
Benchmark ESG™ enables companies to implement robust cross-functional Environmental, Social, and Governance (ESG) digital solutions – locally, globally and across diverse operating profiles. Our comprehensive cloud-based software suite features intuitive, best-practice process functionality, flexible configurations and powerful extensions. For over two decades and through Year 2020 under the Gensuite® brand, we’ve helped companies to manage safe & sustainable operations worldwide, with a focus on fast return on investment (ROI), service excellence and continuous innovation. Join over 1,500,000 users that trust Benchmark ESG™ with their software system needs for operational risk and compliance, EHS, sustainability, product stewardship and responsible sourcing.
About the Science Based Targets Network
The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling companies to set science-based emissions reduction targets.
The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi call to action is one of the We Mean Business Coalition commitments.
The Science Based Targets initiative (SBTi):
The change has already begun and action is gaining pace. Nearly one thousand companies worldwide are leading the transition to a net-zero economy by setting emissions reduction targets grounded in climate science through the SBTi.
Media
Jen Weaver
Benchmark Digital Partners
+1 (610) 703-8852
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TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the decision to cancel its in-person attendance at CES 2022* in Las Vegas, U.S.A. due to the expansion of the novel coronavirus (COVID-19), and will only participate in the exhibit virtually. The company would like to express its deepest apologies to all those involved and who were planning to visit the company’s booth.
* Please see https://www.MitsubishiElectric.com/sites/news/2021/pdf/1221.pdf
About Exhibit Sites
About Mitsubishi Electric Corporation
With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company recorded a revenue of 4,191.4 billion yen (U.S.$ 37.8 billion*) in the fiscal year ended March 31, 2021. For more information, please visit www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of ¥111=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2021
Customer Inquiries
Global Strategic Planning & Marketing Group
Mitsubishi Electric Corporation
www.MitsubishiElectric.com/ssl/contact/company/form.html
Media Inquiries
Takeyoshi Komatsu
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2346
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www.MitsubishiElectric.com/news/
DUBLIN--(BUSINESS WIRE)--The "Global Industrial Gas Pipeline Infrastructure Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030" report has been added to ResearchAndMarkets.com's offering.
Global Industrial Gas Pipeline Infrastructure demand stood at 38 Million Tonnes in 2020 and is forecast to reach 58.09 Million Tonnes by 2030, growing at a healthy CAGR of 4.35% until 2030.
Industrial gas pipeline infrastructure refers to the network of pipelines which are used to transport industrial gases. Based on gas type the market can be segmented into hydrogen, oxygen, nitrogen, synthetic gas, and argon. Industrial gases are basically environmental gases which are necessary for industrial operations. Growing demand of hydrogen and oxygen coupled with the lack of gas manufacturing infrastructure in remote areas globally is projected to drive the demand of industrial gas pipeline infrastructure during the forecast period. Additionally, upcoming plans of hydrogen powered cities like the South Korea government's plan of having three hydrogen powered cities and development of a hydrogen economy is going to create a need for hydrogen pipeline thus generating the demand for industrial gas pipeline infrastructure. Moreover, increasing old age population and prevalence of chronic diseases is going to create demand for oxygen globally, this is also an influencing factor supporting demand rise for industrial gas pipeline infrastructure.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on a number of industries. The demand for medical gases saw a sudden surge. This had an impact on the demand of industrial gas pipeline infrastructure for the first half of 2020. The demand for industrial gas pipeline infrastructure grew during the coronavirus pandemic. Factors like rapid urbanization, expansion of industries across the developing nations and consistent government support to improve the gas accessibility along with growing need to upgrade the existing network to satisfy the rapidly increasing demand will aid to the growth of the market in the future five years.
Region wise, Asia pacific region holds the major share of global demand for industrial gas pipeline infrastructure due to increasing demand of industrial gases such as nitrogen, hydrogen, argon, etc. Moreover, increasing population and per capita income in emerging economies like India and China coupled with growing number of industries using industrial gas pipeline infrastructure is another factor influencing demand growth in the Asia Pacific region.
Major players for industrial gas pipeline infrastructure globally include Air Liquide SA, Linde Group, Air Products & Chemicals Inc., Taiyo Nippon Sanso Corporation, Yingde Gases Company Group Limited, Messer Group GmbH, Iwatani Corporation, Air Water Inc., Australian Gas Infrastructure Group, Gulf Cryo, Buzwair Industrial Gases Factories, Shanghai Chinllenge Gases Co., Ltd., Hangzhou Hangyang Co.,Ltd., Saudi Arabia Basic Industries Corporation HyGear, Iceblick Ltd
Objective of the Study:
Key Topics Covered:
1. Global Industrial gas pipeline infrastructure Market Outlook, 2015-2030
1.1. Capacity, By Volume
1.1.1. By Company
1.2. Production, By Volume
1.2.1. By Company
1.3. Operating Efficiency
1.3.1. By Company
2. Global Industrial gas pipeline infrastructure Demand Outlook, 2015-2030, By Volume
2.1. By Operation
2.2. By Gas Type
2.3. By Region
2.4. By Company
3. North America Industrial gas pipeline infrastructure Market Outlook, 2015-2030
4. North America Industrial gas pipeline infrastructure Demand Outlook, 2015-2030, By Volume
5. Asia Pacific Industrial gas pipeline infrastructure Market Outlook, 2015-2030
6. Asia Pacific Industrial gas pipeline infrastructure Demand Outlook, 2015-2030, By Volume
7. Europe Industrial gas pipeline infrastructure Market Outlook, 2015-2030
8. Europe Industrial gas pipeline infrastructure Demand Outlook, 2015-2030, By Volume
9. MEA Industrial gas pipeline infrastructure Market Outlook, 2015-2030
10. MEA Industrial gas pipeline infrastructure Demand Outlook, 2015-2030, By Volume
11. South America Industrial gas pipeline infrastructure Market Outlook, 2015-2030
12. South America Industrial gas pipeline infrastructure Demand Outlook, 2015-2030, By Volume
13. By Region
13. News and Deals
For more information about this report visit https://www.researchandmarkets.com/r/7hc2fe
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Achieves Monthly Record Issued Request for Quotations in December 2021
Provides Key Strategic Initiatives for 2022
TORONTO--(BUSINESS WIRE)--$KNR #esg--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, today provided a corporate update on its operations and strategic initiatives.
Request for Quotations
In December 2021, the Company issued a monthly record of approximately $23 million in new request for quotations, driven by continued growth across its operating platform. Kontrol is currently quoting more than $35 million in new potential revenue opportunities.
“We continue to expand opportunities within our existing customer base while working diligently to scale into additional markets with new customers,” said Paul Ghezzi, CEO of Kontrol Technologies. “Achieving a record month of quotations positions Kontrol for a continuation of substantial growth into 2022. Our core focus on sustainability, energy conservation, and greenhouse gas emission reduction are key drivers of our operating platform’s expansion.”
Kontrol provides request for quotations on an ongoing basis across its customer base. A request for quotation does not always result in a revenue generating project or opportunity. Historically, the Company has been able to convert more than 2/3rd of its request for quotations into revenue generating opportunities.
Key Strategic Initiatives for 2022
Following a year of record growth in 2021, Kontrol is focused on a number of key strategic initiatives for 2022 including but not limited to:
Kontrol Technologies Corp.
Kontrol Technologies Corp. is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com.
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry. Kontrol BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus).
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
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(905) 766.0400
Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
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+1 (949) 546.6326
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced that Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will participate in investor meetings and a fireside chat at the CJS Securities 22nd Annual New Ideas for the New Year Virtual Investor Conference on Wednesday, January 12, 2022. The fireside chat is scheduled for 1:20 p.m. Central Time (2:20 p.m. Eastern Time) that same day.
A copy of the Company’s presentation will be posted to the Company’s Investor Relations section of its website, www.primoriscorp.com, before the opening of trading on the NASDAQ on the same day.
About Primoris
Primoris Services Corporation is a leading provider of specialty contracting and critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The Company supports a diversified base of blue-chip customers with engineering, procurement, construction and maintenance services. A focus on multi-year master service agreements and an expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations, renewable fuels, electrical transmission and distribution systems and communications infrastructure have also increased the Company’s potential for long-term growth. Additional information on Primoris is available at www.primoriscorp.com.
Brook Wootton
Vice President, Investor Relations
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BLACKWOOD, N.J.--(BUSINESS WIRE)--Vision Solar, together with their current Board of Directors, has made the decision to add a new member to their governing board. The Board’s objective is to set the culture and values of the company. The board is focused on the matters of performance, ethics, integrity, legal compliance, transparency and responsiveness to shareholder and policy holder interests.
Vision Solar continues to add new board advisory with these tailored skill sets to mature their board and support the leadership and professionalism they need to take this company forward successfully, both operationally and fiscally responsible. Vision Solar wanted to ensure that their Board was diverse and sought the assistance of a special advisory firm to find an individual like Bryn Sherman that would bring that diversity and new perspective of thought and governance.
Bryn Sherman has served as a Principal at Offit Kurman. Sherman stood out from other candidates due to her solid knowledge of audit and board governance, professional work ethic, and her drive. Sherman has nearly three decades of experience in real estate law and has dedicated her entire career to representing clients ranging from U.S. public companies, including their board rooms, to private businesses and family-owned businesses.
Sherman is a member of the Maryland and District of Columbia bar. Sherman holds a BA in political science from the University of Wisconsin, Madison, and a JD from the University of Miami, Florida.
“I am honored to join the Vision Solar board at this rapidly growing stage in renewable energy. I am excited to join this very talented team who is poised for rapid growth and long term success.” stated by Bryn H. Sherman
“We’re excited to expand our board with a legal powerhouse like Bryn Sherman, our newest member, who will bring diverse expertise and strategic insight to our board,” said Jon Seibert, President and CEO of Vision Solar.
“We have worked diligently to ensure Vision Solar’s board and leadership represents a variety of experts from a diverse culture, advocacy group, and the newest board member is no exception.” Faraz Khan, CFO of Vision Solar
For any inquiries regarding this press release, please feel free to contact John Czelusniak at This email address is being protected from spambots. You need JavaScript enabled to view it. or Juliana Echavarria This email address is being protected from spambots. You need JavaScript enabled to view it.
About Vision Solar:
Vision Solar is one of the fastest growing solar energy companies in the United States. Their full-service renewable energy company installs solar services for residential homes nationwide. Over the past three years, Vision Solar has grossed over $100 million in revenue, with significant increase in projected growth to produce 1000+ high-quality Green Jobs by 2022. To learn more, visit: https://www.visionsolar.com
John Czelusniak
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or
Juliana Echavarria
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SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) announced today the completion of the previously announced debt reduction and refinancing transactions that together reduced Valero’s long-term debt by approximately $700 million. The debt reduction and refinancing transactions included the issuance of $500 million aggregate principal amount of 2.800% Senior Notes due 2031 and $950 million aggregate principal amount of 3.650% Senior Notes due 2051 (the “Notes Issuance”) and the use of the proceeds from the Notes Issuance and cash on hand to repurchase and retire approximately $2.1 billion aggregate principal amount of various series of Valero’s senior notes and to redeem all of Valero’s 2.700% Senior Notes due 2023.
The debt reduction and refinancing transactions, combined with the redemption of the $575 million aggregate principal amount of Floating Rate Senior Notes due 2023 in the third quarter, collectively reduced Valero’s long-term debt by approximately $1.3 billion.
Safe-Harbor Statement
Statements contained in this press release that state Valero’s or its management’s expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The words “anticipate,” “believe,” “expect,” “plan,” “intend,” “scheduled,” “estimate,” “project,” “projection,” “predict,” “budget,” “forecast,” “goal,” “guidance,” “target,” “could,” “would,” “should,” “may,” “strive,” “seek,” “potential,” “opportunity,” “aimed,” “considering,” “continue,” and similar expressions identify forward-looking statements. It is important to note that actual results could differ materially from those projected in such forward-looking statements based on numerous factors, including those outside of Valero’s control, such as legislative or political changes or developments, market dynamics, cyberattacks, weather events, and other matters affecting our operations or the demand for our products. These factors also include, but are not limited to, the uncertainties that remain with respect to the COVID-19 pandemic, variants of the virus, governmental and societal responses thereto, including requirements and mandates with respect to vaccines, vaccine distribution and administration levels, and the adverse effects the foregoing may have on our business or economic conditions generally. For more information concerning these and other factors that could cause actual results to differ from those expressed or forecasted, see Valero’s annual report on Form 10-K, the “Risk Factors” section included in the Offer to Purchase, quarterly reports on Form 10-Q, and other reports filed with the Securities and Exchange Commission.
About Valero
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 500 company based in San Antonio, Texas, and owns 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 12 ethanol plants with a combined production capacity of approximately 1.6 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S. Valero is also a joint venture partner in Diamond Green Diesel, which owns and operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel owns North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America. Approximately 7,000 outlets carry Valero’s brand names.
Investors:
Homer Bhullar, Vice President – Investor Relations and Finance, 210-345-1982
Eric Herbort, Senior Manager – Investor Relations, 210-345-3331
Gautam Srivastava, Senior Manager – Investor Relations, 210-345-3992
Media:
Lillian Riojas, Executive Director – Media Relations and Communications, 210-345-5002
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--#AirFreight--GA Telesis, LLC debuts GAT Logistics Solutions Group LLC (“GATLSG”), a wholly-owned global freight forwarding subsidiary that offers a complete portfolio of logistics services to the aerospace industry and time-critical verticals including healthcare, technology, retail, and beyond. GATLSG has a globally positioned team and robust network providing air, sea, and inland freight customers with customized worldwide door-to-door services. The new freight forwarding business offers cost-effective logistics solutions to solve customers' transport challenges from domestic to cross-border needs worldwide.
“Quality, budget, flexibility, and regulatory requirements are all factors in our logistics solutions, enabling our customers to tackle the challenges of the fast-paced industries we serve,” said Dr. Andreas Bauer, Senior Vice President & TSA Security Coordinator. “To maximize return on investment, GATLSG examines supply chain demands and leverages the scale of our air, ocean, land, multimodal, and project cargo services to execute a strategy that leads to on-time deliveries and ultimately, customer success,” commented Bauer.
“We offer our clients a complete portfolio of integrated logistics solutions committed to optimizing each link of their supply chain. In addition, we design freight forwarding solutions our customers have come to trust and rely on to simplify worldwide logistics and facilitate trade,” said Jessica Matthews, Managing Director, GAT Logistics Solutions Group.
About GAT Logistics Solutions Group
GAT Logistics Solutions Group is a premier logistics service provider with a robust global network meeting the challenges of today’s supply chain world. GAT Logistics Solutions offers best-in-class competitive air, ocean, inland, and project cargo transportation solutions, helping thousands of customers worldwide manage their shipping costs and increase profits. GAT Logistics Solutions is an innovative freight forwarding and contract logistics provider, an investor in technology to enhance supply chain efficiency, and a pioneer in the market. GAT Logistics Solutions works collaboratively worldwide and synchronizes commerce with smart supply chain solutions. Delivering on time, every time is part of our DNA.
For further information on GAT Logistics Solutions, please contact Jessica Matthews at This email address is being protected from spambots. You need JavaScript enabled to view it.
Jessica Matthews
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SAN FRANCISCO & AMSTERDAM--(BUSINESS WIRE)--TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) (“TPG Pace”), a publicly traded special purpose acquisition company, and EV Charged B.V. (“EVBox Group”), today announced that TPG Pace, Edison Holdco B.V., New TPG Pace Beneficial Finance Corp., ENGIE New Business S.A.S. (“Engie Seller”) and EVBox Group have mutually agreed to terminate their previously announced business combination agreement, effective immediately.
TPG Pace intends to continue to pursue the consummation of a business combination with an appropriate target. With the agreement terminated, TPG Pace, Engie Seller and EVBox Group may (but are not required to) continue to discuss a potential business combination transaction involving TPG Pace and EVBox Group.
About TPG
TPG is a leading global alternative asset firm founded in San Francisco in 1992 with $109 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com or @TPG on Twitter.
About TPG Pace Group and TPG Pace
TPG Pace Group is TPG’s dedicated permanent capital platform. TPG Pace Group has a long-term, patient and highly flexible investor base, allowing it to seek compelling opportunities that will thrive in the public markets. TPG Pace Group has sponsored seven special purpose acquisition companies (“SPACs”) and raised more than $4.4 billion since 2015.
TPG Pace raised $350 million in its October 2020 IPO in order to seek a business combination target that combines attractive business fundamentals with, or with the potential for strong environmental, social and governance (“ESG”) principles and practices. For more information, visit https://www.tpg.com/pace-beneficial-finance.
About EVBox Group
Founded in 2010, EVBox Group is a leading global provider of EV charging technologies, empowering forward-thinking businesses to drive sustainable mobility, by offering integrated, flexible and scalable EV charging solutions. For more information, visit evbox.com. For media questions, please reach out to This email address is being protected from spambots. You need JavaScript enabled to view it..
Forward Looking Statements
The information included herein and in any oral statements made in connection herewith 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 present or historical fact included herein, are forward looking statements. When used herein, including any oral statements made in connection herewith, the words “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Should one or more of the risks or uncertainties described herein and in any oral statements made in connection therewith occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact TPG Pace’s expectations and projections can be found in TPG Pace’s initial public offering prospectus, which was filed with the SEC on October 8, 2020. In addition, TPG Pace’s periodic reports and other SEC filings are available publicly on the SEC’s website at http://www.sec.gov.
TPG/TPG Pace:
Luke Barrett
(415) 743-1550
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Tom Johnson/Sheila Ennis
Abernathy MacGregor
(917) 747-6990/(510) 604-8027
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EVBox Group:
Madeline Vidak
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+31 (0)6 30 71 06 93
General: This email address is being protected from spambots. You need JavaScript enabled to view it.
Information on how shareholders of record may vote their shares can be found at: https://www.athena1.com/athn-vote
Shareholders can access the Extraordinary General Meeting virtually via live webcast at https://www.cstproxy.com/athenatechnology/2021
KENNESAW, Ga.--(BUSINESS WIRE)--Athena Technology Acquisition Corp. (NYSE: ATHN) (“ATHN”), a publicly-traded special purpose acquisition company, reminds its shareholders to vote in favor of the previously announced business combination (the “Business Combination”) with Heliogen, Inc. (“Heliogen”), an AI-enabled, modular concentrated solar technology company focused on decarbonizing industry.
Shareholders who owned common stock of ATHN as of the close of business on November 23, 2021 (the “Record Date”), may vote their shares. Shareholders as of the Record Date continue to have the right to vote their shares, regardless of whether such shareholders subsequently sold their shares and do not own such shares as of the date they cast their vote.
The extraordinary general meeting of ATHN shareholders to approve the pending Business Combination (the “Extraordinary General Meeting”) is scheduled to be held on December 28, 2021 at 10:00 a.m. Eastern Time. The Extraordinary General Meeting will be conducted virtually, and can be accessed via live webcast at https://www.cstproxy.com/athenatechnology/2021.
Additional information on how shareholders of record may vote their shares can be found at: https://www.athena1.com/athn-vote
Every shareholder’s vote is important, regardless of the number of shares held. Accordingly, all ATHN shareholders who held shares as of the Record Date who have not yet voted are encouraged to do so as soon as possible so that their votes are received by ATHN no later than 11:59 p.m. Eastern Time December 27, 2021. For the avoidance of doubt, ATHN shareholders who owned shares as of the Record Date and subsequently sold all or a portion of their shares are STILL entitled to vote, and are encouraged to do so.
ATHN’s board of directors recommends you vote “FOR” the Business Combination with Heliogen and “FOR” all of the related proposals described in the definitive proxy statement/prospectus (the “Proxy Statement”) filed by ATHN with the Securities and Exchange Commission (“SEC”) on December 3, 2021.
These are the two easiest and fastest ways to vote – and they are both free:
Additionally, you can also vote by mail:
YOUR CONTROL NUMBER IS FOUND ON YOUR VOTING INSTRUCTION FORM. If you did not receive or misplaced your Voting Instruction Form, contact your bank, broker or other nominee to obtain your control number in order to vote. A bank, broker or other nominee is a person or firm that acts as an intermediary between an investor and the stock exchange who can help you vote your shares.
If any individual ATHN shareholder, who held shares as of the November 23, 2021 record date for voting, does not receive the Proxy Statement, such shareholder should (i) confirm their Proxy Statement’s status with their broker, (ii) contact Morrow Sodali LLC, ATHN’s proxy solicitor, for assistance via e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it. or toll-free call at (800) 662-5200 and banks and brokers can place a collect call to Morrow Sodali at (203) 658-9400, or (iii) contact ATHN by mail at Athena Technology Acquisition Corp., 125 Townpark Drive, Suite 300, Kennesaw, GA 30144.
Cautionary Note Regarding Forward-Looking Statements
This communication shall not 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 states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Additional Information and Where to Find It
In connection with the proposed business combination, Athena Technology Acquisition Corp. (“Athena”) has filed with the Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 that has been declared effective by the SEC, which includes a prospectus of Athena with respect to the securities to be issued in connection with the business combination with Heliogen, Inc. (“Heliogen”) and a definitive proxy statement of Athena with respect to the Special Meeting. The combined proxy statement/prospectus relating to the proposed business combination will be mailed to Athena’s stockholders on or about December 6, 2021. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. The proposed business combination and related transactions will be submitted to stockholders of Athena for their consideration. Athena’s stockholders and other interested persons are advised to read the definitive proxy statement/prospectus and other documents filed in connection with Athena’s solicitation of proxies for its special meeting of stockholders to be held to approve, among other things, the proposed business combination and related transactions, because these materials contain important information about Heliogen, Athena and the proposed business combination and related transactions. The definitive proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to stockholders of Athena as of November 23, 2021. Stockholders may also obtain a copy of the preliminary or definitive proxy statement/prospectus, once available, as well as other documents filed with the SEC by Athena, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Phyllis Newhouse, President and Chief Executive Officer, Athena Technology Acquisition Corp., 125 Townpark Drive, Suite 300, Kennesaw, GA 30144, or by telephone at (970) 924-0446.
Participants in the Solicitation
Athena, Heliogen and their respective directors and executive officers and other persons may be deemed to be participants in the solicitations of proxies from Athena’s stockholders in respect of the proposed business combination and related transactions. Information regarding Athena’s directors and executive officers is available in its Registration Statement on Form S-1 and the prospectus included therein filed with the SEC on March 3, 2021. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests are contained in the definitive proxy statement/prospectus related to the proposed business combination and related transactions, and which can be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This communication shall also not 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 states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Athena Technology Acquisition Corp.
Athena Technology Acquisition Corp. is an entirely women-led special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the technology, direct-to-consumer and fintech industries.
About Heliogen
Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996. For more information about Heliogen, please visit heliogen.com.
Athena Technology Acquisition Corp. Contacts
For Media:
Berns Communications Group
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(973) 727-8400
(917) 922-4435
Heliogen Contacts
For Media:
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For Investors:
Caldwell Bailey
ICR, Inc.
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US Renewable EV Charging focused Company envisages going public via RTO, merger or traditional IPO.
WILMINGTON, Del.--(BUSINESS WIRE)--MW Solar, LLC (MW Solar) is pleased to announce that it has signed an agreement ("Agreement") with GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group, to provide MW Solar with a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common stock to GEM. MW Solar will control the timing and the maximum size of such drawdowns and has no minimum drawdown obligation.
Randy Wright, Co-Founder stated that “GEM’s commitment provides certainty of capital as we focus toward listing on a national public stock exchange.”
John Maggi, Co-Founder added that “This agreement with GEM greatly positions us for our next stage in development as we grow and expand our entirely green-renewable energy ARC EV ChargingTM network."
About MW Solar
MW Solar is developing a large-scale multi-location EV Charging network, under its ARC EV ChargingTM brand, with an established fuel distribution partner having over 1,200 service station locations on the East Coast of the United States, as well as travel plazas throughout the region. MW Solar has a unique business model in that it brings an entirely green energy solution to the EV Charging industry.
About GEM
Global Emerging Markets (“GEM”) is a $3.4 billion, alternative investment group with operations in Paris, New York, and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 500 transactions in 70 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities and select venture investments. For more information: http://www.gemny.com
Forward-Looking Statements
The information contained in this press release includes "forward-looking statements." All statements, other than statements of historical fact included in this press release, regarding our strategy, future operations, financial position and outlook and plans and objectives of management are forward-looking statements. Particularly, all statements regarding our expectations of future results, performance, achievements, milestones, prospects or opportunities or the markets in which we operate are forward-looking statements. When used in this press release, forward-looking statements can be identified by the use of forward-looking terminology such as: "envisages", "looks to", "moves to", "could", "should", "may", "expects", "believes", "anticipates", "intends", "estimates", "projects", "outlook", "potential", "likely", "forecast", "probable", "plans", or variations of such words and phrases. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking statements.
These forward-looking statements are subject to a number of significant known and unknown risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Important factors that could cause actual results to differ materially from our expectations include: (i) uncertainties relating to the public listing process and whether we are able to achieve a public listing in the near future, or at all, (ii) our ability to meet our relevant milestones for our product pipeline; (iii) the extent of adoption of our technology and/or products and the realized benefits from such adoption; (iv) the impact of competition, (v) our ability to attract and retain key personnel, including our proposed management team; (vi) our ability to execute on and finance our growth plans; (vii) our ability to perform and progress our research and development and our plans for future product development; (viii) our ability to maintain our strategic partnerships and capitalize on product developments generated through our research and development efforts; (ix) our ability to obtain and maintain existing financing on acceptable terms; currency exchange and interest rates; (xi) changes and trends in the pharmaceutical and healthcare industry or the global economy; (xii) changes in the size of target markets for our product candidates; (xiii) our ability to maintain, expand and protect our intellectual property portfolio; and (xiv) changes in laws, rules, regulations, and global standards relating to our industry.
The forward-looking statements contained in this press release represent our expectations as of the date of this press release (or as the date they are otherwise stated to be made) and are subject to change after such date. However, we undertake no obligation to correct, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
For further information: To learn more about MW Solar please visit https://mwsolarenergy.com
Randy Wright and John Maggi
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KADAPA, India--(BUSINESS WIRE)--AG&P Pratham in India, the City Gas Distribution (CGD) arm of Singapore-based AG&P Group, a leading downstream LNG platform and infrastructure development company, held a groundbreaking ceremony last week to celebrate the start of construction for its Liquefied Compressed Natural Gas (LCNG) station in Andhra Pradesh. The AG&P Pratham LCNG station is the second in the state and third in South India.
The groundbreaking ceremony was graced by Shri G Sesha Reddy, Honorable Chairman, IALA, Puttlampalli and Shri Rajoli Veera Reddy, Advisor to Andhra Pradesh Government for Industrial Promotion, in the presence of AG&P Pratham representatives Shri Baiju Nainan, Chief Marketing Officer and Shri Gumalapalli A Venkatesh, Assistant Vice President.
Located at YSR Kadapa district, the station comprises of two storage tanks with capacity of 56 KL of LNG storage and gasification. The LCNG station will provide uninterrupted access of natural gas to commercial, industrial, and residential customers and supply Compress Natural Gas (CNG) to help cars, taxis, and buses transition seamlessly to run on clean fuel in the region. AG&P Pratham has two CNG stations in operation currently in the YSR Kadapa District with 10 more to be commissioned by March 2022. In addition, AG&P Pratham is laying pipelines in YSR Kadapa town and industrial estate Putlampalli IDA to deliver Piped Natural Gas (PNG) directly into thousands of homes, businesses, and factories.
“The construction of AG&P Pratham’s wholly-owned LCNG station in Andhra Pradesh is an important milestone in the roll-out of vital gas networks being developed in India. It is in lockstep with the country’s commitment to achieve 15% of natural gas in its primary energy mix by 2030. Over the next eight years, we will be building nine LCNG Stations and 134 CNG stations in YSR Kadapa and Anantapur, connecting factories, small-mid-large scale companies, over 10,00,000 households and the transport sector, ensuring reliable supply of this safe, competitive and eco-friendly fuel. Upon its commissioning, Andhra Pradesh will have access to natural gas that will accelerate industrialization, create jobs, reduce pollution and foster a healthier environment, improving the quality of lives for many Indians in the state,” said Mr. Chiradeep Dutta, Chief Operations Officer, AG&P Pratham.
About AG&P Group: Atlantic Gulf & Pacific (AG&P) develops LNG import and regasification facilities as well as downstream city gas networks. AG&P also provides engineering and project management services for LNG and other infrastructure. AG&P is part-owned by Osaka Gas, JBIC (the Japan Bank of International Cooperation) and Asiya, a publicly-traded Kuwait fund, as well as its management.
About AG&P Pratham: Operating under the brand of AG&P Pratham, AG&P City Gas is one of the largest private City Gas Distribution (CGD) companies in India. The company is developing CGD networks across 12 concessions in the Indian states of Rajasthan, Andhra Pradesh, Tamil Nadu, Karnataka, and Kerala.
AG&P Media
Anupam Ahuja
SVP, Strategic Services, AG&P Group
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DUBLIN--(BUSINESS WIRE)--The "Electric Aircraft Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Electric aircraft are powered by electricity via one or more electric motors which drive the propellers. In this type of aircraft, electricity is supplied via a variety of methods, the most common being batteries or solar cells. The electric aircraft industry is currently in the introduction stage of the industry life cycle and is expected to witness its growth stage during 2021-2030.
In the year 2020, the electric aircraft market witnessed a relatively negligible impact of the Covid-19 pandemic as the industry is still at the introduction stage. The electric aircraft market is likely to grow at a lucrative CAGR of 168% over the next five years to reach US$ 6.6 billion in 2026, owing to the ongoing efforts of governments and companies towards introducing Urban Air Mobility across countries/regions.
Based on the aircraft type, the electric aircraft market is segmented as ultralight aircraft and light aircraft. As of 2020, ultralight aircraft type was the only electric aircraft commercially available in the industry. It is projected to increase at a CAGR of more than 100% during 2020-2026, driven by increasing focus towards sustainable means of air travel.
Based on the technology type, the market is segmented as all-electric aircraft and hybrid aircraft. All-electric aircraft is expected to remain the dominant technology type in the market during the forecast period. A higher focus towards developing 100% emission-free and noise-free air mobility is the primary driver for the higher growth and adoption of all-electric aircraft as compared to hybrid aircraft.
Based on the range type, the electric aircraft market is segmented as less than 500 km and more than 500 km range. Less than 500 km range holds the major share of the electric aircraft market and is expected to be the faster-growing segment during the forecast period. Currently, all-electric aircraft are operating at less than 500 Km range with limited battery storage capacity and energy density.
In terms of regions, Asia-Pacific accounted for a majority of the share, primarily driven by EHang's AAV sales in China. Europe was another major market driven by Pipistrel electric aircraft sales in France, the UK, the Netherlands, Norway, and Switzerland. North America is expected to expand at the highest rate, driven by a strong roadmap for establishing UAM networks across different cities.
Key Players:
Key Topics Covered:
1. Executive Summary
2. Electric Aircraft Market Overview and Segmentation
2.1. Market Classification
2.1.1. By Aircraft Type
2.1.2. By Technology Type
2.1.3. By Range Type
2.1.4. By Region
2.2. Supply Chain Analysis
2.3. Industry Life Cycle Analysis
2.4. PEST Analysis
2.5. SWOT Analysis
3. Electric Aircraft Market - The COVID-19 Impact Assessment
3.1. Electric Aircraft Market Trend and Forecast (US$ Million)
3.2. Electric Aircraft Market Growth Forecast
3.3. Market Scenario Analysis: Pessimistic, Most Likely, and Optimistic
3.4. Regional Analysis (US$ Million)
3.5. Market Drivers
3.6. Market Challenges
3.7. Expert Opinion
4. Competitive Analysis
4.1. Geographical Presence of Major Players
4.2. Leading Players in the Market
4.3. Market Share Analysis
4.4. Porter's Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry
5. Electric Aircraft Market Trend and Forecast by Aircraft Type (2015-2026)
5.1. Segment's Analysis
5.2. Ultralight Aircraft: Regional Trend and Forecast (US$ Million)
5.3. Light Aircraft: Regional Trend and Forecast (US$ Million)
6. Electric Aircraft Market Trend and Forecast by Technology Type (2015-2026)
6.1. Segment's Analysis
6.2. All-Electric Aircraft: Regional Trend and Forecast (US$ Million)
6.3. Hybrid Aircraft: Regional Trend and Forecast (US$ Million)
7. Electric Aircraft Market Trend and Forecast by Range Type (2015-2026)
7.1. Segment's Analysis
7.2. Less Than 500 Km: Regional Trend and Forecast (US$ Million)
7.3. More Than 500 Km: Regional Trend and Forecast (US$ Million)
8. Electric Aircraft Market Trend and Forecast by Region (2015-2026)
8.1. Region's Analysis
8.2. North American Electric Aircraft Market Trend and Forecast by Country (US$ Million)
8.3. European Electric Aircraft Market Trend and Forecast by Country (US$ Million)
8.4. Asia-Pacific's Electric Aircraft Market Trend and Forecast by Country (US$ Million)
8.5. Rest of World's Electric Aircraft Market Trend and Forecast by Sub-Region (US$ Million)
9. Strategic Growth Opportunities
9.1. Summary
9.2. Market Attractiveness by Region
9.3. Market Attractiveness by Country
9.4. Emerging Trends
9.5. Growth Matrix Analysis
9.6. Key Success Factors
10. Company Profile of Key Players
10.1. Archer Aviation
10.2. Guangzhou EHang Intelligent Technology Co. Ltd
10.3. Joby Aviation
10.4. Lilium GmbH
10.5. Pipistrel Aircraft
For more information about this report visit https://www.researchandmarkets.com/r/1p61k8
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Committed to achieve RE100 goal of running on 100% renewable energy by 2030
BILLERICA, Mass.--(BUSINESS WIRE)--#EInk--E Ink, the originator, pioneer, and global commercial leader in digital paper technology, pledged on December 23 to achieve Net Zero Carbon Emissions by 2040. E Ink has been working for several years towards zero carbon emissions to help mitigate the impact of climate change and to promote sustainable technologies. E Ink has a three phase plan to reach their commitment of Net Zero Carbon Emission by 2040. In the first phases, E Ink aims to achieve 40 percent of renewable energy use by 2025 and 100 percent renewable energy use to implement the RE100 target by 2030.
According to the evaluation of the FTSE Russell Green revenue 2.0 Data Model1 under the Energy Management Efficiency IT Process sub-sector, E Ink was identified as having 99.93% of Green Revenue in 2020 and has a positive impact on the environment, highlighting the environmental benefits of ePaper products.
To achieve the goal of net zero carbon emissions, E Ink has not only implemented measures on technologies and products, but has also conducted an investigation to assess the greenhouse gas generated by all sites globally. Indirect carbon emissions from energy use in operations and manufacturing account for a significant portion of E Ink's total carbon emissions within the company. Therefore, using renewable energy will be the key to realize net zero carbon emissions. In addition to increasing the proportion of renewable energy use year over year, E Ink will also improve energy use efficiency and reduce the overall energy use and consumption of environmental resources in product development, manufacturing, and corporate operations.
"The impact and threat of climate change on the environment will be a challenge faced by the world. As a global citizen, E Ink has implemented a zero carbon emission plan on manufacturing and operation, and is also committed to carbon reduction throughout ePaper technology development and product design. Focusing on even lower energy consumption and material use allows the low-carbon and energy-saving ePaper technology to realize its environmentally friendly potential," said the Chairman of E Ink, Johnson Lee. “We are also working with our ecosystem and supply chain partners to take actions on reducing their carbon emissions to fulfill our responsibilities as global citizens through the net zero carbon emission initiatives.”
In addition to launching the net zero carbon emission initiatives within the company and the ePaper ecosystem, E Ink has also participated in advocacy organizations dedicated to environmental sustainability. In October 2021, E Ink became a Task Force on Climate-Related Financial Disclosures Supporter (TCFD Supporter). It will follow the TCFD framework to identify risks and opportunities of climate change, and introduce scenario analysis of physical risks and transformation risk to adapt the net zero carbon emission strategy and plan with quantitative indicators.
In the future, E Ink also plans to participate in organizations such as RE100, SBTi and related initiatives to declare commitment to "Net Zero Carbon by 2040".
About E Ink Holdings
E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, has transformed and defined the eReader market, enabling a new multi-billion dollar market in less than 10 years. E Ink’s low power products are ideal for IoT applications ranging from retail, home, hospital, transportation and more, enabling customers to put displays in locations previously impossible. The Company’s corporate philosophy aims to deliver revolutionary products, user experiences and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper displays as well as expanding the use of its technologies into a number of other markets and applications including smart packaging and fashion. Its Electrophoretic Display products make it the worldwide leader for ePaper. Its Fringe Field Switching (FFS) technologies are a standard for high-end LCD displays and have been licensed to all major liquid crystal display makers in the world. Listed in Taiwan's Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world's largest supplier of ePaper displays. For more information please visit www.eink.com.
*1 FTSE Russell Green revenue 2.0 Data Model uses quantitative indicators to evaluate the relations between corporate revenue and the environmental impact. The calculated revenue comes from design, development, manufacturing, or importing energy efficiency-related information and services.
E Ink:
Anna Halstead
Racepoint Global
617-624-3213
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