DENVER--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT) announced today that it will release its financial results for the fourth quarter and full year ending December 31, 2022 after the market closes on Wednesday, January 25, 2023. Following the release, the Company will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Thursday, January 26, 2023. Presenting the Company’s results will be Chris Wright, Chief Executive Officer, Ron Gusek, President and Michael Stock, Chief Financial Officer.
Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers, (412) 902-6704. Participants should ask to join the Liberty Energy call. A live webcast will be available at http://investors.libertyfrac.com. The webcast can be accessed for 90 days following the call. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. The passcode for the replay is 3034644. The replay will be available until February 2, 2023.
About Liberty
Liberty is a leading North American energy services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it.
Michael Stock
Chief Financial Officer
Anjali Voria, CFA
Strategic Finance & Investor Relations Lead
303-515-2851
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Bioethanol Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The bioethanol market is poised to grow by $66963.08 mn during 2023-2027, accelerating at a CAGR of 11.69% during the forecast period. The report on the bioethanol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for the continuous supply of clean fuel, environment and energy security concerns, and favorable government policies.
The bioethanol market is segmented as below:
By Type
By End-user
By Geographical Landscape
This study identifies the growing adoption of bioethanol as a transport fuel as one of the prime reasons driving the bioethanol market growth during the next few years. Also, advancements in enzyme technologies and the increased preference for biofuels over conventional fuels will lead to sizable demand in the market.
The report on the bioethanol market covers the following areas:
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/4fgo08
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--$CLNE--Clean Energy Fuels Corp. (Nasdaq: CLNE), the largest provider of the cleanest fuel for the transportation market, today announced that it entered into a four-year $150 million sustainability-linked senior secured term loan with Riverstone Credit Partners L.P. (“Riverstone Credit Partners”), a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (“Riverstone”).
This financing provides Clean Energy with additional capital to execute its renewable natural gas (RNG) growth strategy as demand for RNG fuel rapidly rises. Clean Energy’s growth strategy includes the development of negative carbon intensity RNG projects and construction of new RNG fueling stations for transportation sector customers. Proceeds from the term loan will be used, in part, to help fund the company’s rapid expansion of RNG projects at dairies, which capture fugitive methane and turn it into a fuel made entirely from organic waste and reduces carbon emissions by an average of 300% versus diesel. Demand for the fuel continues to grow as customers like Republic Services, WM, UPS, LA Metro and New York City MTA continue to expand their RNG fleets.
“As we articulated at the beginning of the year, we have big plans to increase our supply of RNG from dairies because when it ends up in the tank of a heavy-duty truck or a transit bus, it is rated cleaner than any other alternative in the marketplace,” said Andrew J. Littlefair, president and CEO of Clean Energy. “Our joint ventures with bp and TotalEnergies are having great success. We are currently constructing multiple RNG projects at dairies around the country with a healthy pipeline of other projects. This additional financing will allow us to stay on this rapid pace of development.”
“Clean Energy pioneered RNG as a vehicle fuel and continues to be the largest provider of RNG for the transportation industry throughout North America. We are thrilled to partner with them on their quest to deliver fully zero-carbon RNG by 2025,” said Daniel Flannery, Managing Director at Riverstone.
Clean Energy obtained a second party opinion from Sustainable Fitch that considered the transaction to be aligned with the five pillars of the Loan Syndications and Trading Association's Sustainability-Linked Loan Principles.
For more information about this transaction, see the 8-K filing that will be accessible on the company’s website.
About Clean Energy
Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada. Visit www.cleanenergyfuels.com and follow @ce_renewables on Twitter.
About Riverstone
Founded in 2000, Riverstone is an investment firm focused on executing private equity and credit investments in energy, power, decarbonization and infrastructure. To date, the firm has raised approximately $43 billion of capital, which it has deployed across its platform to over 200 portfolio companies since inception. For more information about Riverstone, please visit www.riverstonellc.com.
Safe Harbor Statement
This press 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, including statements about, among other things, the continued growth in the demand for RNG; our ability to execute on our overall RNG growth strategy; our ability to realize and fund our rapid expansion of multiple RNG projects at dairies around the country; the continued expansion of RNG fleets at customers such as Republic Services, WM, UPS, LA Metro and New York City MTA; and our quest to deliver fully zero-carbon RNG by 2025. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the Securities and Exchange Commission (available at www.sec.gov), including its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 that the Company filed with the Securities and Exchange Commission on November 8, 2022, contain additional information and risk factors that may cause actual results to differ materially from the forward-looking statements contained in this press release.
Raleigh Gerber
949-437-1397
This email address is being protected from spambots. You need JavaScript enabled to view it.
CHICAGO--(BUSINESS WIRE)--Exelon Corporation (Exelon) (Nasdaq: EXC) today announced that it has extended the expiration date for each of its offers to exchange any and all of its outstanding unregistered notes listed below that were originally issued in private offerings for equal principal amounts of new issues of notes registered under the Securities Act of 1933, as amended.
The exchange offers, which were originally scheduled to expire at 5:00 p.m., New York City time, on Friday, December 23, 2022, have been extended until 5:00 p.m., New York City time, on Friday, January 6, 2023, unless further extended. All other terms, provisions and conditions of the exchange offers will remain in full force and effect.
As of 5:00 p.m., New York City time, on December 23, 2022, quantities of unregistered notes validly tendered and not validly withdrawn, as advised by The Bank of New York Mellon Trust Company, N.A., the exchange agent for the exchange offers, are set forth in the table below:
Security |
144A CUSIP
|
Reg S
|
Aggregate
|
Principal
|
Approximate
|
2.750% Notes due 2027 |
30161NAZ4 |
U3002LAD4 |
$650,000,000 |
$645,670,000 |
99.334% |
3.350% Notes due 2032 |
30161NBC4 |
U3002LAE2 |
$650,000,000 |
$649,950,000 |
99.992% |
4.100% Notes due 2052 |
30161NBF7 |
U3002LAF9 |
$700,000,000 |
$677,897,000 |
96.842% |
A Form S-4 registration statement filed by Exelon with the Securities and Exchange Commission regarding the exchange offers was declared effective by the Securities and Exchange Commission on August 19, 2022. The expiration date for each exchange offer is being extended to provide time for remaining outstanding unregistered notes to be exchanged.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offering, solicitation or sale would be unlawful. A copy of the prospectus and other materials related to the exchange offers may be obtained from the exchange agent, The Bank of New York Mellon Trust Company, N.A., by calling (800) 254-2826.
Cautionary Statements Regarding Forward-Looking Information
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Words such as “could,” “may,” “expects,” “anticipates,” “will,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “predicts,” and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic, and financial performance, are intended to identify such forward-looking statements.
The factors that could cause actual results to differ materially from the forward-looking statements made by Exelon include those factors discussed herein, as well as the items discussed in (1) Exelon’s 2021 Annual Report on Form 10-K filed with the SEC on February 25, 2022 in Part I, ITEM 1A. Risk Factors; (2) Exelon’s Current Report on Form 8-K filed with the SEC on June 30, 2022 to recast Exelon's consolidated financial statements and certain other financial information originally included in the 2021 Form 10-K in (a) Part II, ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations and (b) Part II, ITEM 8. Financial Statements and Supplementary Data: Note 17, Commitments and Contingencies; (3) Exelon’s Third Quarter 2022 Quarterly Report on Form 10-Q (filed with the SEC on November 3, 2022) in (a) Part II, ITEM 1A. Risk Factors, (b) Part I, ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and (c) Part I, ITEM 1. Financial Statements: Note 13, Commitments and Contingencies; and (4) other factors discussed in filings by Exelon with the SEC.
Investors are cautioned not to place undue reliance on these forward-looking statements, whether written or oral, which apply only as of the date of this press release. Exelon does not undertake any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this press release.
About Exelon
Exelon (Nasdaq: EXC) is a Fortune 200 company and the nation’s largest energy delivery company, serving more than 10 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). More than 18,000 Exelon employees dedicate their time and expertise to powering a cleaner and brighter future for our customers and communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow Exelon on Twitter @Exelon.
Donna Sitkiewicz
Corporate Communications
This email address is being protected from spambots. You need JavaScript enabled to view it.
312-394-7417 Exelon Media Hotline
Andrew Plenge
Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
312-394-2345
PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy, today announced that on December 23, 2022, it received written notice from the New York Stock Exchange (“NYSE”) that the average closing price of its common stock over the prior consecutive 30 trading-day period was below $1.00 per share, which is the minimum average share price for continued listing on the NYSE.
Heliogen intends to respond to the NYSE within ten business days of receipt of the notice of its intent to cure the deficiency. Pursuant to the NYSE’s rules, Heliogen has a six-month period following receipt of the deficiency letter to bring its share price and average share price back above $1.00. During the cure period, Heliogen’s shares of common stock will continue to trade on the NYSE, subject to compliance with other continued listing requirements.
The NYSE notification does not affect Heliogen’s ongoing business operations or its Securities and Exchange Commission reporting requirements. Heliogen is considering all available options to regain compliance with the NYSE’s continued listing standards, including the consummation of a potential reverse stock split.
About Heliogen
Heliogen is a renewable energy technology company focused on decarbonizing industry and empowering a sustainable civilization. The company’s concentrating solar energy and thermal storage systems aim to deliver carbon-free heat, steam, power, or green hydrogen at scale to support round-the-clock industrial operations. Powered by AI, computer vision and robotics, Heliogen is focused on providing robust clean energy solutions that accelerate the transition to renewable energy, without compromising reliability, availability, or cost. For more information about Heliogen, please visit heliogen.com.
Forward-Looking Statements
This release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “project,” “will likely result” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this release, are forward-looking statements, including statements regarding Heliogen considering implementing a reverse stock split. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside Heliogen’s control and are difficult to predict, including Heliogen’s ability to regain compliance with the NYSE’s minimum share price requirement within the applicable cure period, Heliogen’s ability to continue to comply with applicable listing standards of the NYSE and the other important factors set forth under the caption “Risk Factors” in Heliogen’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2022, as amended, and Heliogen’s other reports filed with the SEC. In addition, forward-looking statements reflect Heliogen’s expectations, plans or forecasts of future events and views only as of the date of this release. Heliogen anticipates that subsequent events and developments will cause its assessments to change. However, while Heliogen may elect to update these forward-looking statements at some point in the future, Heliogen specifically disclaims any obligation to do so, except as required by law.
Heliogen Investor Contact
Louis Baltimore
VP, Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
Heliogen Media Contact:
ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today a volume increase of the sale and purchase agreement (SPA) with ENN LNG (Singapore) Pte Ltd (ENN), a wholly-owned subsidiary of ENN Natural Gas Co., Ltd. for the supply of liquefied natural gas (LNG) from NextDecade’s Rio Grande LNG export project (RGLNG) in Brownsville, Texas.
Under the 20-year SPA, ENN will now purchase 2.0 million tonnes per annum (MTPA) of LNG. This is a 0.5 MTPA increase from the original 1.5 MTPA SPA announced earlier this year. All volumes of LNG are indexed to Henry Hub and will be supplied from the first three trains at RGLNG on a free-on-board basis.
NextDecade is currently targeting a positive Final Investment Decision (FID) on the first three trains of the RGLNG export project during the first quarter of 2023, with FIDs of its remaining trains to follow thereafter.
About NextDecade Corporation
NextDecade Corporation is an energy company accelerating the path to a net-zero future. Leading innovation in more sustainable LNG and carbon capture solutions, NextDecade is committed to providing the world access to cleaner energy. Through our wholly owned subsidiaries Rio Grande LNG and NEXT Carbon Solutions, we are developing a 27 MTPA LNG export facility in South Texas along with one of the largest carbon capture and storage projects in North America. We are also working with third-party customers around the world to deploy our proprietary processes to lower the cost of carbon capture and storage and reduce CO2 emissions at their industrial-scale facilities. NextDecade’s common stock is listed on the Nasdaq Stock Market under the symbol “NEXT.” NextDecade is headquartered in Houston, Texas. For more information, please visit www.next-decade.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of U.S. federal securities laws. The words “anticipate,” “contemplate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “might,” “will,” “would,” “could,” “should,” “can have,” “likely,” “continue,” “design,” “assume,” “budget,” “guidance,” and “forecast” and other words and terms of similar expressions are intended to identify forward-looking statements, and these statements may relate to the business of NextDecade and its subsidiaries. These statements have been based on assumptions and analysis made by NextDecade in light of current expectations, perceptions of historical trends, current conditions and projections about future events and trends and involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. These risks include NextDecade’s progress in the development of its LNG liquefaction and export projects and CCS projects and the timing of that progress; the timing of achieving a final investment decision on the Rio Grande LNG terminal (the “Terminal”); reliance on third-party contractors to successfully complete the Terminal, the pipeline to supply gas to the Terminal and any CCS projects; ability to develop NCS’ business though implementation of CCS projects; ability to secure additional debt and equity financing in the future to complete the Terminal and CCS projects on commercially acceptable terms; accuracy of estimated costs for the Terminal and CCS projects; ability to achieve operational characteristics of the Terminal and CCS projects, when completed, including liquefaction capacities and amount of CO2 captured and stored, and any differences in such operational characteristics from expectations; development risks, operational hazards and regulatory approvals applicable to NextDecade’s development, construction and operation activities and those of its third-party contractors and counterparties; technological innovation which may lessen NextDecade’s anticipated competitive advantage or demand for its offerings; global demand for and price of LNG; availability of LNG vessels worldwide; changes in legislation and regulations relating to the LNG and CCS industries, including environmental laws and regulations that impose significant compliance costs and liabilities; scope of implementation of carbon pricing regimes aimed at reducing greenhouse gas emissions; global development and maturation of emissions reduction credit markets; adverse changes to existing or proposed carbon tax incentive regimes; global pandemics, including the 2019 novel coronavirus pandemic, the Russia-Ukraine conflict, other sources of volatility in the energy markets and their impact on NextDecade’s business and operating results, including any disruptions in its operations or development of the Terminal and the health and safety of its employees, and on its customers, the global economy and the demand for LNG; risks related to doing business in and having counterparties in foreign countries; NextDecade’s ability to maintain the listing of our securities on the Nasdaq Capital Market or another securities exchange or quotation medium; changes adversely affecting the businesses in which NextDecade is engaged; management of growth; general economic conditions; ability to generate cash; and the result of future financing efforts and applications for customary tax incentives; and other matters discussed in the “Risk Factors” section of NextDecade’s most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission. Additionally, any development of the Terminal or CCS projects remains contingent upon completing required commercial agreements, securing all financing commitments and potential tax incentives, achieving other customary conditions and making a final investment decision to proceed. The forward-looking statements in this press release speak as of the date of this release. Although NextDecade believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that the expectations will prove to be correct. NextDecade may from time to time voluntarily update its prior forward-looking statements, however, it disclaims any commitment to do so except as required by securities laws.
This email address is being protected from spambots. You need JavaScript enabled to view it.
This email address is being protected from spambots. You need JavaScript enabled to view it.
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate”) announced today that its floating storage and regasification unit (“FSRU”), the Exemplar, arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal. The FSRU Exemplar, which is chartered to Gasgrid Finland Oy (“Gasgrid”) for a period of ten years, will provide flexible, reliable, and secure delivery of regasified LNG to Finland and other Baltic countries.
“The arrival of the FSRU Exemplar at the port of Inkoo represents an important milestone for Finland as it prepares to enhance its energy security and bring essential energy infrastructure to the region,” said Steven Kobos, President and CEO of Excelerate. “This is a tremendous accomplishment for everyone involved, and we are proud to have partnered with Gasgrid on this opportunity.”
In addition to providing regasification services under the Time Charter with Gasgrid, Excelerate, through its recently formed Finnish gas marketing subsidiary, Excelerate Finland Gas Marketing Oy (“Excelerate Finland”), has executed an agreement for the sale of commissioning volumes and regasification capacity rights during the commissioning phase. Through this agreement, Excelerate Finland will be able to provide natural gas to downstream customers in Finland and other Baltic countries.
The FSRU Exemplar departed drydock in Spain on December 6 where it underwent customer-requested winterization upgrades. The vessel subsequently procured its cargo from Excelerate’s global LNG portfolio via a ship-to-ship transfer with the FSRU Excelsior near Gibraltar. The Excelsior recently completed its 10-year service in Israel and will go on charter to the Federal Republic of Germany in 2023.
The FSRU Exemplar is 291 meters long and 43 meters wide. It has a storage capacity of 150,900 m3 of LNG and can provide more than 5 billion cubic meters per year (bcm/y) of regasification capacity.
About Excelerate Energy:
Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with the objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of flexible regasification services from FSRUs to infrastructure development to LNG supply. Excelerate has offices in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Helsinki, Ho Chi Minh City, Manila, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit www.excelerateenergy.com.
Investors
Craig Hicks
Excelerate Energy
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media
Stephen Pettibone / Frances Jeter
FGS Global
This email address is being protected from spambots. You need JavaScript enabled to view it.
or
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Transformer Oil Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global transformer oil market is expected to grow at a CAGR of 6.36% during 2022-2027.
Due to the booming construction and infrastructure industry, the electricity demand has increased with the increasing demand for residential housing and the commercial sector over the past few years. Such factors are majorly contributing to the growth of the global transformer oil market.
The global transformer oil market volume is expected to reach 2,584.99 kilotons by 2027. Transformers oil or insulating oil, or dielectric fluid, is an oil that is stable at high temperatures with the best electrical insulating properties. This type of oil is used in wet transformers or oil-filled transformers, some high-voltage switches, circuit breakers, and high-voltage capacitors.
The primary purpose of transformer oils is to insulate and maintain temperature. Therefore, transformer oil must have properties such as dielectric strength, chemical stability, thermal conductivity, and the ability to hold these properties for a longer duration.
Electricity distributors and industrial manufacturers regularly perform maintenance activities to avoid any transformers malfunctioning or interrupting electricity distribution. In addition, the increasing global population and use of various appliances have increased the per capita demand for electricity.
Therefore, the global transformer oil market is expected to increase significantly due to the abovementioned factors. Further, transformer oil market manufacturers have invested much capital in R&D to develop improved products to offer prolonged service life, oil purification, and low environmental impact.
Key Questions Answered
1. What is the revenue from the global transformer oil market?
2. What is the projected market size of the global transformer oil market by 2027?
3. What is the growth rate of the transformer oil market?
4. Which region dominates the global transformer oil market?
5. What are the key driving factors in the transformer oil market?
6. Who are the key players in the global transformer oil market?
Market Dynamics
Opportunities & Trends
Growth Enablers
Restraints
Market Segmentation
by End User
by Oil Type
by Geography
Key Vendors
Other Prominent Vendors
For more information about this report visit https://www.researchandmarkets.com/r/hfsf3g
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DUBLIN--(BUSINESS WIRE)--The "Global LNG Bunkering Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The LNG bunkering market is poised to grow by $855.43 mn during 2023-2027, accelerating at a CAGR of 17.39% during the forecast period. The report on the LNG bunkering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The LNG bunkering market is segmented as below:
By Application
By End-user
By Geographical Landscape
This study identifies the increase in demand for cleaner fuels as one of the prime reasons driving the LNG bunkering market growth during the next few years. Also, technological advances in LNG bunkering and growth in LNG bunkering vessels will lead to sizable demand in the market.
The report on the LNG bunkering market covers the following areas:
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/dkp8m8
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DUBLIN--(BUSINESS WIRE)--The "Vietnam Diesel Generator Set Market Growth and Analysis Report by Power Rating (5-75kVA, 76-375 kVA, 376-750 kVA, Above 750 kVA), Application (Commercial, Industrial, Residential) - Industry Size Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
According to this study, the Vietnam diesel generator set market accounted for an around $109 million value in 2021, which is on the track to hitting $150 million by 2030, at a 3.6% CAGR between 2021 and 2030.
The construction of SEZs, smart cities, state and national roadways, and metro networks, as well as the rising electricity demand, is expected to boost the industry.
Electricity is essential for a country's economic development, but Vietnam lacks a functional grid infrastructure, which results in an insufficient power supply. This interferes with the functioning of both residential and commercial places, as a result of which, the Vietnam diesel generator set market is expected to grow in the coming years.
Moreover, as per NhanDan, in accordance with a plan of the Ministry of Construction, the Vietnamese government wants to increase the average housing space for every person to 27 square meters by 2025 and 30 square meters by 2030. The government will also prioritize creating smart and eco-friendly buildings and renovating aging apartment buildings during this decade.
Advancing Manufacturing Sector Is Driving Genset Demand in Vietnam
Vietnam's economy has remained strong due to the exceptional growth of its manufacturing sector. Vietnam's domestic manufacturing sector contributed more than 25% to its overall GDP in 2021.
Owing to its extensive network of railheads, airports, seaports, and highways, the country has a huge potential for attracting overseas industrial firms. Thus, the requirement for power is growing as this industry booms. Owing to this, the need for diesel generator sets is increasing across the nation to fulfill the demand for power during grid outages.
Demand for 5-75-kVA Generators Will Grow at Highest CAGR
Based on power rating, 5-75-kVA variants are predicted to experience the highest Vietnam diesel generator set market CAGR, of 4.2%, to produce $26.6 million revenue by 2030. Due to the increasing concerns about power instability in homes brought on by natural disasters, these generators are widely used in the residential sector.
Industrial Sector Holds Largest Market Share
The industrial sector holds the largest share in the Vietnam diesel generator set market, and this category will grow at a CAGR of 3.5% during the forecast period. Vietnam's relatively large and well-educated labor base makes it a viable industrial location.
The government also provides assistance to companies that supply components, spare parts, and raw materials to industries including automotive, IT, leather, electronics, and apparel and textiles.
Company Profiles
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Analysis Period
1.4 Market Size Breakdown by Segment
1.5 Market Data Reporting Unit
1.6 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Industry Outlook
4.1 Definition of Market Segments
4.1.1 By Power Rating
4.1.1.1 5-75 kVA
4.1.1.2 76-375 kVA
4.1.1.3 376-750 kVA
4.1.1.4 Above 750 kVA
4.1.2 By Application
4.1.2.1 Commercial
4.1.2.1.1 Retail establishments
4.1.2.1.2 Offices
4.1.2.1.3 Telecom towers
4.1.2.1.4 Hospitals
4.1.2.1.5 Hotels
4.1.2.1.6 Others
4.1.2.2 Industrial
4.1.2.2.1 Manufacturing
4.1.2.2.2 Energy & power
4.1.2.2.3 Others
4.1.2.3 Residential
4.2 Market Dynamics
4.2.1 Trends
4.2.1.1 Privatization of power plants
4.2.2 Drivers
4.2.2.1 Increasing sales of properties
4.2.2.2 Growing manufacturing sector
4.2.3 Impact Analysis of Drivers on Market Forecast
4.2.4 Restraints
4.2.4.1 Increasing penetration of renewable sources
4.2.5 Impact Analysis of Restraints on Market Forecast
4.3 Impact of COVID-19
4.4 Porter's Five Forces Analysis
Chapter 5. Vietnam Market Size and Forecast
5.1 Overview
5.2 Market Volume, by Power Rating (2017-2030)
5.3 Market Revenue, by Power Rating (2017-2030)
5.4 Market Volume, by Application (2017-2030)
5.4.1 Commercial Market Volume, by User
5.4.2 Commercial Market Volume, by Power Rating
5.4.3 Industrial Market Volume, by User
5.4.4 Industrial Market Volume, by Power Rating
5.5 Market Revenue, by Application (2017-2030)
5.5.1 Commercial Market Revenue, by User
5.5.2 Commercial Market Revenue, by Power Rating
5.5.3 Industrial Market Revenue, by User
5.5.4 Industrial Market Revenue, by Power Rating
Chapter 6. Competitive Landscape
6.1 List of Market Players and Their Offerings
6.2 Market Share Analysis of Key Players
6.3 Recent Strategic Developments of Key Players
Chapter 7. Company Profiles
7.1 Business Overview
7.2 Product and Service Offerings
7.3 Key Financial Summary
For more information about this report visit https://www.researchandmarkets.com/r/6xr13s
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Global freight forwarder recommits to reach net-zero carbon emissions by 2035
ITASCA, Ill.--(BUSINESS WIRE)--Supply chain solutions leader AIT Worldwide Logistics reaffirmed its commitment to protecting the environment as a signatory of The Climate Pledge. Co-founded by Amazon and Global Optimism, The Climate Pledge is a commitment signed by nearly 400 companies across 34 countries to reach net-zero carbon emissions by 2040—a decade ahead of the Paris Agreement’s goal of 2050. AIT aims to meet this goal even faster, by 2035.
“AIT is proud to reinforce our commitment to sustainability and join a community that will share knowledge, ideas, and best practices to combat climate change,” said AIT Executive Vice President and CIO, Ray Fennelly. “As a signatory of The Climate Pledge, we look forward to taking collective action to achieve net-zero carbon emissions by 2035, five years ahead of the pledge’s 2040 target. This goal not only aligns with our core values but will also create a better planet for our teammates, customers, partners, and the communities where we live and work—for generations to come.”
As a signatory to The Climate Pledge, AIT agrees to measure and report greenhouse gas emissions on a regular basis, implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies. The company also agrees to neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions.
AIT developed its own environmental sustainability initiatives in alignment with the United Nations' Sustainable Development Goals, with an aim to support sustainable consumption and production and to combat climate change and its impacts. To achieve these goals, AIT plans to reach net-zero carbon emissions status by 2035, through both emission reduction practices and carbon offset purchases.
Internally, AIT teammates also oversee emissions, waste, and energy management processes and programs, including a companywide commitment to recycling and paper reduction. Additionally, AIT uses its transportation management system to track and measure carbon dioxide emissions down to the shipment level.
To download AIT’s sustainability report and learn more about AIT’s sustainability initiatives, visit aitworldwide.com/corporate-social-responsibility.
Learn more about The Climate Pledge at theclimatepledge.com.
About AIT Worldwide Logistics
AIT Worldwide Logistics is a global freight forwarder that helps companies grow by expanding access to markets all over the world where they can sell and/or procure their raw materials, components and finished goods. For more than 40 years, the Chicago-based supply chain solutions leader has relied on a consultative approach to build a global network and trusted partnerships in nearly every industry, including aerospace, automotive, consumer retail, food, government, healthcare, high-tech, industrial and life sciences. Backed by scalable, user-friendly technology, AIT’s flexible business model customizes door-to-door deliveries via sea, air, ground and rail — on time and on budget. With expert teammates staffing more than 100 worldwide locations in Asia, Europe and North America, AIT’s full-service options also include customs clearance, warehouse management and white glove services. Learn more at www.aitworldwide.com.
Our Mission
At AIT, we vigorously seek opportunities to earn our customers’ trust by delivering exceptional worldwide logistics solutions while passionately valuing our co-workers, partners and communities.
Matt Sanders
Public Relations Manager
+1 (630) 766-8300
This email address is being protected from spambots. You need JavaScript enabled to view it.
800-669-4AIT (4248)
www.aitworldwide.com
Complete the survey and share your data center sustainability story to contribute to understanding the value of building and maintaining sustainable facilities
AUSTIN, Texas--(BUSINESS WIRE)--GRC® (Green Revolution Cooling®), the leader in immersion cooling for data centers, announced today its first annual Data Center Sustainability Survey designed to gather insights from industry professionals about what is working in the sector and where there is room for improvement.
Survey participants will answer eight short questions on topics including their approach to sustainability and how their organization is working to reduce its carbon footprint. GRC is also interested in collecting stories about sustainability efforts in these mission critical facilities; wanting to hear about successes, struggles, or anything else relating to the topic of data center sustainability.
Some of these stories will be highlighted during GRC’s webinar taking place on February 15th at 11:00 a.m. ET. Anyone whose story is selected will receive their choice of a $100 Amazon gift card or a donation made in their name to the Rainforest Alliance The Rainforest Alliance is an international non-profit organization working at the intersection of business, agriculture, and forests to make responsible business the new normal.
“We’re excited to field this survey to learn firsthand how data center owners and operators are endeavoring to transition to truly sustainable facilities,” said Gregg Primm, VP of Marketing at GRC. “Results from the survey will not only help us better serve the industry, they’ll provide a much-needed benchmark for understanding sustainability in the data center ecosystem, providing insight to all of us in the industry on how to be the best stewards possible for our planet.”
To participate in the survey, please visit GRC Data Center Sustainability Survey.
About GRC
GRC is The Immersion Cooling Authority®. The company's patented immersion-cooling technology radically simplifies deployment of data center cooling infrastructure. By eliminating the need for chillers, CRACs, air handlers, humidity controls, and other conventional cooling components, enterprises reduce their data center design, build, energy, and maintenance costs. GRC’s solutions are deployed in twenty-one countries and are ideal for next-gen applications platforms, including artificial intelligence, blockchain, HPC, 5G, and other edge computing and core applications. Their systems are environmentally resilient, sustainable, and space saving, making it possible to deploy them in virtually any location with minimal lead time. Visit https://grcooling.com for more information.
Milldam Public Relations
Adam Waitkunas
978-828-8304
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Voluntary Carbon Market: Analysis By Value, By Traded Volume, By Credit Retirements, By Credit Issuance, By Project Category, By Type of Project, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.
The global voluntary carbon market was valued at US$2,004.85 million in 2021 and is expected to reach 17.11 billion by 2027. On the other hand, the voluntary carbon market traded volume has reached 298.15 MtCO2e in 2021 and is projected to grow to 678.56 MtCO2e by 2027.
The annual credit issuance has increased to 399.96 MtCO2e in 2021, whereas annual credit retirement has increased to 166.65 MtCO2e. The voluntary carbon market (VCM) enables carbon emitters to compensate for their unabated emissions by purchasing carbon credits produced by projects targeted at removing or reducing greenhouse gas (GHG) emissions from the atmosphere.
In recent years, there has been unprecedented momentum among global corporates to accelerate climate actions, driven by the growing pressure from governments, society, and financial market players.
Despite a myriad of concerns around the existing practice of using carbon offsets as part of corporates' environmental strategies, corporate pledges have resulted in explosive growth in demand for voluntary carbon credits. The global voluntary carbon market is determined to grow at a CAGR of 42.91% over the forecasted period of 2022-2027. At the same time, the voluntary carbon market traded volume is expected to grow at a CAGR of 14.69%.
Market Segmentation Analysis:
Market Dynamics:
Growth Driver
Challenges
Market Trends
Recent Market Developments
Competitive Landscape:
The global voluntary carbon market is fragmented. The key players in the global voluntary carbon market are:
In 2021, Verra held the highest share of the credit issued, followed by California Air Resources Board. In 2022, South Pole announced that the company joined new Forest Stewardship Council (FSC) Climate Coalition Initiative. FSC aims to ensure that Indigenous Peoples, smallholders, and forest stewards benefit from participating in certification and the growing carbon market. Whereas, 3Degrees announced the launch of new climate tech advisory services, which complement the company's existing suite of climate advisory and implementation services.
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Global Market Analysis
4. Regional Market Analysis
5. Impact of COVID-19
6. Market Dynamics
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ns4v93
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Filing is in connection with the proposed business combination to form Critical Metals Corp.
PERTH, Australia & WASHINGTON--(BUSINESS WIRE)--European Lithium Ltd (ASX: EUR) (“European Lithium”), announced today that it has filed a Form F-4 Registration Statement ("F-4") with the U.S. Securities and Exchange Commission ("SEC") regarding European Lithium’s recently announced business combination (the “Business Combination”) with Sizzle Acquisition Corp., (Nasdaq: SZZL) (“Sizzle”), a publicly traded special purpose acquisition company, to form Critical Metals Corp. (“Critical Metals”).
“We are pleased to reach this important step in our plans to list Critical Metals on Nasdaq,” said Critical Metals Executive Chairman, Tony Sage. “Through our business combination with Sizzle, we expect to access substantial opportunities available in the U.S. market as we support the clean energy transition.”
Upon closing of the Business Combination, Critical Metals is expected to be a leading lithium mining company and intends to list its shares on the Nasdaq under the symbol “CRML.” The closing of the Business Combination is subject to approval by each of the European Lithium and Sizzle stockholders, the declaration in the future of the F-4 as effective under the U.S. securities laws, and other customary requirements.
As agreed in the Business Combination, Critical Metals will own European Lithium’s Wolfsberg Lithium Project (the “Project”), which is currently owned by European Lithium’s wholly owned subsidiary, European Lithium AT (Investments) Limited, as well as a 20% interest in additional Austrian projects currently held by European Lithium. European Lithium will be the largest shareholder of Critical Metals and is expected to continue to trade on the Australian Securities Exchange (“ASX”).
About Critical Metals Corp.
At the closing of the proposed business combination announced on October 24, 2022 between European Lithium AT (Investments) Limited, a wholly owned subsidiary of European Lithium Ltd (ASX: EUR) and Sizzle Acquisition Corp. (Nasdaq: SZZL), Critical Metals is expected to be a leading lithium mining company. Critical Metals is expected to own the Wolfsberg Lithium Project, as well as a 20% interest in additional Austrian projects currently held by European Lithium Ltd. For more information, please visit https://criticalmetalscorp.com/.
About European Lithium Ltd
European Lithium is a mineral exploration and development company which owns the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria, via its wholly owned Austrian subsidiary, ECM Lithium AT GmbH. European Lithium’s primary listing is on the Australian Securities Exchange (ASX: EUR) and it is also listed in Frankfurt (FRA: PF8) and USA (OTC-QB: EULIF). The Wolfsberg Lithium Project is strategically located in Central Europe with access to established road and rail infrastructure to distribute lithium products to the major lithium consuming countries of Europe. For more information, please visit https://europeanlithium.com/.
About Sizzle Acquisition Corp.
Sizzle is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Sizzle is led by Chairman and CEO Steve Salis and Vice Chairman Jamie Karson. In addition, Sizzle’s management team is comprised of: Nestor Nova and Daniel Lee; board directors, comprised of: Steve Salis, Jamie Karson, Carolyn Trabuco, Karen Kelley, David Perlin and Warren Thompson; and board advisors, comprised of: Rick Camac and Geovannie Concepcion. For more information, please visit https://sizzlespac.com/home/default.aspx.
Additional Information and Where to Find It
This press release is provided for informational purposes only and contains information with respect to the Business Combination among Sizzle, European Lithium, EUR BVI, a company formed in the British Virgin Islands which is wholly owned by European Lithium, and certain other parties formed in connection with the transactions contemplated by the merger agreement (the “Merger Agreement”), including Critical Metals and Project Wolf Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Critical Metals. Subject to its terms and conditions, the Merger Agreement provides that Sizzle and EUR BVI will become wholly owned subsidiaries of Critical Metals.
The Registration Statement includes a proxy statement to be sent to Sizzle shareholders and a prospectus for the registration of Critical Metals securities in connection with the Business Combination. If and when the Registration Statement is declared effective by the SEC, the definitive proxy statement/prospectus and other relevant documents will be mailed to the shareholders of Sizzle as of the record date to be established for voting on the Business Combination and will contain important information about the Business Combination and related matters. Shareholders of Sizzle and other interested persons are advised to read these materials (including any amendments or supplements thereto) and any other relevant documents, because they will contain important information about Sizzle, Critical Metals, European Lithium and EUR BVI and the Business Combination. Shareholders and other interested persons will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, and other relevant materials in connection with the Business Combination, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to: Sizzle Acquisition Corp., 4201 Georgia Avenue, NW, Washington, D.C. 20011, Attn: Steve Salis, Chief Executive Officer. The information contained on, or that may be accessed through, the websites referenced in this press release in each case is not incorporated by reference into, and is not a part of, this press release.
Participants in the Solicitation
This press release is not a solicitation of a proxy from any investor or securityholder. Sizzle, European Lithium, Critical Metals and EUR BVI and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Sizzle’s shareholders in connection with the Business Combination. Sizzle’s shareholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of Sizzle in Sizzle’s Form 10-K, as amended, filed with the SEC on November 10, 2022. To the extent that holdings of Sizzle’s securities have changed since the amounts included in Sizzle’s Form 10-K, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to Sizzle’s shareholders in connection with the Business Combination will be set forth in the proxy statement/prospectus for the Business Combination, accompanying the Registration Statement. Additional information regarding the interests of participants in the solicitation of proxies in connection with the Business Combination will likewise be included in that Registration Statement. You may obtain free copies of these documents as described above.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination and shall not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Sizzle’s, Critical Metals’, and European Lithium’s and/or EUR BVI’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. No representations or warranties, express or implied are given in, or in respect of, this press release. When we use words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.
These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the future financial performance of Critical Metals; the growing global market demand for lithium-ion batteries and their raw material; Critical Metals’ liquidity requirements and capital resources; the ability of the parties to complete the transactions contemplated by the Business Combination in a timely manner or at all; the ability to realize the expected benefits under the Offtake Agreement; the ability of Critical Metals to develop the Project into a mine and develop mineral deposits from the mine on a commercial basis; the inability to commence production at the Project; the risk that the Business Combination or other business combination may not be completed by Sizzle’s business combination deadline and the potential failure to obtain an extension of the business combination deadline; the outcome of any legal proceedings or government or regulatory action on inquiry that may be instituted against Sizzle, European Lithium or EUR BVI or others following the announcement of the Business Combination and any definitive agreements with respect thereto; the inability to satisfy the conditions to the consummation of the Business Combination, including the approval of the Business Combination by the shareholders of Sizzle; the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement relating to the Business Combination; the ability to meet stock exchange listing standards following the consummation of the Business Combination; the effect of the announcement or pendency of the Business Combination on European Lithium’s and EUR BVI’s business relationships, operating results, current plans and operations of European Lithium and EUR BVI; the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of Critical Metals to grow and manage growth profitably; the possibility that Critical Metals, European Lithium and EUR BVI may be adversely affected by other economic, business, and/or competitive factors; Critical Metals’, European Lithium’s and EUR BVI’s estimates of expenses and profitability; expectations with respect to future operating and financial performance and growth, including the timing of the completion of the Business Combination; European Lithium’s and Critical Metals’ ability to execute on their business plans and strategy; those factors discussed in Sizzle’s Annual Report on Form 10-K for the year ended December 31, 2021 under the heading “Risk Factors,” and other documents Sizzle has filed, or will file, with the SEC; and other risks and uncertainties described from time to time in filings with the SEC.
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 referenced above and other documents filed by Sizzle and Critical Metals 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. There may be additional risks that neither Sizzle nor European Lithium and EUR BVI presently know, or that Sizzle and European Lithium and/or EUR BVI currently believe are immaterial, that could cause actual results to differ from those contained in the forward-looking statements. For these reasons, among others, investors and other interested persons are cautioned not to place undue reliance upon any forward-looking statements in this press release. Neither Sizzle, European Lithium, Critical Metals nor EUR BVI undertakes any obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date of this press release, except as required by applicable law.
Critical Metals:
Investors: This email address is being protected from spambots. You need JavaScript enabled to view it.
Media: This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Sunflower Oil Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global sunflower oil market to grow with a CAGR of over 6% over the forecast period from 2022-2028.
The report on the global sunflower oil market provides qualitative and quantitative analysis for the period from 2020 to 2028. The study on the sunflower oil market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.
The report on the sunflower oil market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global sunflower oil market over the period of 2020 to 2028. 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 sunflower oil market over the period of 2020 to 2028. Further, IGR- Growth Matrix gave in the report brings insight into the investment areas that existing or new market players can consider.
What does this Report Deliver?
Company Profiles
Report Findings
Drivers
Restraints
Opportunities
Segments Covered
The Global Sunflower Oil Market by Type
The Global Sunflower Oil Market by Application
The Global Sunflower Oil Market by Distribution Channel
Key Topics Covered:
1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Sunflower Oil Market Highlights
2.2. Sunflower Oil Market Projection
2.3. Sunflower Oil Market Regional Highlights
3. Global Sunflower Oil Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Analysis of COVID-19 impact on the Sunflower Oil Market
3.4. Porter's Five Forces Analysis
3.5. IGR-Growth Matrix Analysis
3.5.1. IGR-Growth Matrix Analysis by Type
3.5.2. IGR-Growth Matrix Analysis by Application
3.5.3. IGR-Growth Matrix Analysis by Distribution Channel
3.5.4. IGR-Growth Matrix Analysis by Region
3.6. Value Chain Analysis of Sunflower Oil Market
4. Sunflower Oil Market Macro Indicator Analysis
5. Global Sunflower Oil Market by Type
5.1. Linoleic Oil
5.2. Mid-oleic Oil
5.3. High-oleic Oil
6. Global Sunflower Oil Market by Application
6.1. Food
6.2. Biofuels
6.3. Cosmetics
7. Global Sunflower Oil Market by Distribution Channel
7.1. Supermarkets and Hypermarkets
7.2. Retails Stores
7.3. Online Stores
8. Global Sunflower Oil Market by Region 2022-2028
8.1. North America
8.1.1. North America Sunflower Oil Market by Type
8.1.2. North America Sunflower Oil Market by Application
8.1.3. North America Sunflower Oil Market by Distribution Channel
8.1.4. North America Sunflower Oil Market by Country
8.2. Europe
8.2.1. Europe Sunflower Oil Market by Type
8.2.2. Europe Sunflower Oil Market by Application
8.2.3. Europe Sunflower Oil Market by Distribution Channel
8.2.4. Europe Sunflower Oil Market by Country
8.3. Asia-Pacific
8.3.1. Asia-Pacific Sunflower Oil Market by Type
8.3.2. Asia-Pacific Sunflower Oil Market by Application
8.3.3. Asia-Pacific Sunflower Oil Market by Distribution Channel
8.3.4. Asia-Pacific Sunflower Oil Market by Country
8.4. RoW
8.4.1. RoW Sunflower Oil Market by Type
8.4.2. RoW Sunflower Oil Market by Application
8.4.3. RoW Sunflower Oil Market by Distribution Channel
8.4.4. RoW Sunflower Oil Market by Sub-region
9. Company Profiles and Competitive Landscape
9.1. Competitive Landscape in the Global Sunflower Oil Market
9.2. Companies Profiled
9.2.1. Archer Daniels Midland Company
9.2.2. Oliyar
9.2.3. Cargill Incorporated
9.2.4. Colorado Mills
9.2.5. Kaissa Oil
9.2.6. Delizio
9.2.7. CONAGRA BRANDS
9.2.8. Marico
9.2.9. Rein Oil CC
9.2.10. MWC Oil
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/wb180j
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) announced the following executive promotions that position the company to execute on its growth strategy and information technology (IT) priorities.
Jacqueline K. Shea has been promoted to Senior Vice President and Chief Information Officer. Ms. Shea joined NJR in 2016 as Vice President and Chief Information Officer after serving more than three decades in the IT industry. In this senior leadership role, she leads the digital transformation strategy and is responsible for overseeing the enterprise-wide modernization of NJR’s digital business applications and IT infrastructure in alignment with its core business strategies. Ms. Shea also leads the investment, planning and management of the company’s IT portfolio, including cyber security, information infrastructure, internet and business applications, technology innovation and overall end-user support.
Stephen Skrocki, Corporate Controller, was named Principal Accounting Officer and a member of NJR’s leadership team. Mr. Skrocki joined the company in 2017 as Assistant Corporate Controller and was promoted to Corporate Controller in 2021 with responsibility for NJR’s accounting functions. Previously, Mr. Skrocki served in a variety of roles of increasing responsibility, most recently as Audit Director at BDO USA, a leading provider of assurance, tax and advisory services.
“Jackie and Stephen are valued members of our team and continue to distinguish themselves with sound leadership, proven expertise and a commitment to excellence,” said Steve Westhoven, President and CEO of New Jersey Resources. “I am confident they will continue to excel in their leadership roles and support the continued growth and performance of our company.”
These changes will be effective January 1, 2023.
About New Jersey Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:
NJR and its nearly 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.
Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.
Media:
Mike Kinney
732-938-1031
This email address is being protected from spambots. You need JavaScript enabled to view it.
Investor:
Adam Prior
732-938-1145
This email address is being protected from spambots. You need JavaScript enabled to view it.
PLANO, Texas--(BUSINESS WIRE)--#blueoil--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a panel discussing carbon capture economics and development at the Goldman Sachs Global Energy and Clean Technology Conference on Thursday, January 5, 2023, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Mr. Kendall and other members of management will also participate in meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website at www.denbury.com the same morning.
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 2012 has also been active in CCUS through the injection of captured industrial-sourced CO2. The Company currently injects over four million tons of captured industrial-sourced CO2 annually, with an objective to fully offset its Scope 1, 2, and 3 CO2 emissions by 2030, 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.
Brad Whitmarsh, 972.673.2020, This email address is being protected from spambots. You need JavaScript enabled to view it.
Beth Bierhaus, 972.673.2554, This email address is being protected from spambots. You need JavaScript enabled to view it.
Funding supports expanded in ERCOT, MISO, PJM and WECC making Primergy’s project portfolio exceed 14 GW across the US
OAKLAND, Calif.--(BUSINESS WIRE)--Primergy Solar, LLC (‘Primergy’), a leading developer, owner and operator of utility-scale solar, distributed solar and energy storage, announced the closing with Rabobank of a $75 million revolving credit facility with the option to increase up to $200 million. The facility will be used to support a growing development pipeline of solar and solar+storage projects across the U.S. Primergy’s near-term portfolio exceeds 3.2 GW of solar PV and c. 2.3 GW of storage projects targeting operational dates through 2026, which includes the previously announced Gemini and Iron Point/Hot Pot projects in Nevada. A further 5 GW of solar PV and 4.3 GW of storage projects are planned for operational dates after 2026.
“We are grateful for Rabobank’s partnership and support. This facility will allow Primergy to continue to expand our project portfolio, as we focus on developing large-scale solar and storage projects that deliver impactful decarbonization of power supplies in multiple U.S. regions and create positive financial impacts for local communities,” said Tim Larrison, Chief Financial Officer at Primergy.
The new debt facility further diversifies Primergy’s financing sources and supports the continued growth of a diverse portfolio of projects which now spans 17 states. Primergy's projects are characterized by a strong focus on responsible siting, which minimizes land disturbance and impacts on local flora and fauna.
In addition to the 690MWac PV plus 1,416 MWhr BESS Gemini project currently under construction near Las Vegas Nevada, highlights of the company’s near-term portfolio include:
“As leading utility-scale developer, this facility provides Primergy a flexible financing vehicle through which it can efficiently grow its development pipeline targets,” said Claus Hertel, Managing Director, Project Finance. “Rabobank is pleased to have structured this financing to allow Primergy to meet its growth targets in diverse geographies and supporting the energy transition, representing a strong alignment with the bank’s strategy of supporting clients’ decarbonization goals.”
For more information on Primergy, please visit www.primergysolar.com.
About Primergy Solar
Primergy Solar, LLC (https://www.primergysolar.com) is a developer, owner and operator focused on both distributed and utility-scale solar PV and battery storage projects across the US. Primergy Solar is a portfolio company of Quinbrook Infrastructure Partners and is Quinbrook’s primary investment platform for Quinbrook Infrastructure Partners' solar and solar plus energy storage activities in North America.
Media Inquiries:
Primergy:
Representing Primergy, Alex Autry, E: This email address is being protected from spambots. You need JavaScript enabled to view it.
Rabobank:
Catharine Rossano, E: This email address is being protected from spambots. You need JavaScript enabled to view it.
Altus Power’s portfolio of solar and storage assets expected to grow to approximately 690 megawatts across 24 states
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), a premier independent developer, owner and operator of commercial-scale solar facilities, today announced that it entered a definitive agreement to acquire approximately 220 megawatts (MW) of newly developed and in construction solar assets for approximately $293 million from funds managed by True Green Capital Management LLC (“TGC”). Altus Power and TGC currently expect the transaction will close during first quarter of 2023 upon satisfaction of certain closing conditions. The Company intends to fund the transaction with its long-term funding facility led by Blackstone Structured Finance and cash on hand.
“We are excited to welcome this new set of customers to the Altus Power brand, deepening our reach, particularly in New York and California, where a majority of the assets in this portfolio were developed and constructed by our partner, TGC,” said Gregg Felton, Co-CEO of Altus Power. “TGC has a long history of successfully investing in commercial-scale solar with underwriting standards consistent with our own. Altus Power’s strengths in asset on-boarding and long-term customer servicing combined with our scalable funding architecture create a natural partnership.”
Panos Ninios, Managing Partner and Co-Founder of TGC agreed, “Altus Power's capacity to execute with efficiency and focus on building long-term relationships has made them an extremely valuable partner in both of our transactions. They share our founding belief that commercial-scale distributed solar generation is the most attractive segment of our industry. Our collaboration has facilitated TGC’s successful forays into new solar markets.”
Robert Camacho, Co-Head of Asset Based Finance within Blackstone’s Structured Finance Group, added, “We are pleased to expand our long-standing strategic partnership with Altus Power as it continues to meet the growing demand for low cost, renewable energy across the country. Our investment-grade rated long-term funding facility provides Altus Power with competitive financing in this rapidly growing market.”
The acquired portfolio, once closed, will promptly add approximately 207 MW of commercial-scale solar assets to Altus Power’s operations, with the remaining 13 MW in the final stages of construction and expected to be completed in the coming months. This portfolio offers additional scale in Altus Power’s existing markets including California, Colorado, Illinois, Massachusetts, New Jersey, and New York and provides entry into two new markets of Delaware and South Carolina.
Altus Power expects to own, operate and service these new assets and new customer relationships over the long-term with the potential to offer additional electrification solutions, including battery storage, as well as electric vehicle or fleet charging stations.
About Altus Power, Inc.
Altus Power, based in Stamford, Connecticut, is the premier independent commercial-scale clean electrification company serving commercial, industrial, public sector and community solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.
About True Green Capital Management LLC
TGC is a specialized renewable energy infrastructure private equity firm based in Westport, Connecticut and manages over $1 billion in equity capital, including $660 million in its most recently closed fund, TGC Fund IV, LLC. Having developed the capabilities of a direct operating business, TGC has raised four private equity funds and invested into distributed solar power generation portfolios across 14 U.S. states delivering clean, reliable renewable energy with an increasing focus in the UK and the European Union. The firm was founded in July 2011 and is led by a team of investment professionals with a proven track record and the demonstrated capacity to originate, finance, construct, and operate distributed renewable power generation projects at institutional scale. To learn more, visit https://truegreencapital.com/
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements may be identified by the use of words such as “believes,” “expects,” “intends,” “aims,” “may,” “could,” “will,” “should,” “plans,” “projects,” “forecasts,” “seeks,” “anticipates,” “goal,” “objective,” “target,” “estimate,” “future,” “outlook,” “vision,” or variations of such words or similar terminology that predict or indicate future events or trends or that are not statements of historical matters. These statements, which involve risks and uncertainties, relate to expectations regarding the ability of Altus Power and the other parties to close the transaction in a timely manner or at all, statements regarding the benefits of the proposed acquisition of the approximately 220 MW of both operating or development solar assets, expectations regarding our operations and performance of these solar assets, expectations regarding our relationships with new customers as a result of these acquisitions, and the expected timing of the closing of the proposed acquisition and other transactions contemplated by the definitive agreements. These statements are based on Altus Power’s management’s current expectations and beliefs, as well as a number of assumptions concerning future events.
Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Altus Power’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (1) the risk that the acquisition may not close in the anticipated timeframe or at all due to a closing condition not being met; (2) the ability of Altus Power to recognize the benefits of any completed acquisitions or acquisitions that Altus Power may transact in the future, including the acquisition of these solar assets; (3) failure to obtain required consents or regulatory approvals in a timely manner or otherwise; (4) the ability of Altus Power to successfully integrate the acquisition of solar assets into its business and generate profit from their operations; (5) the ability of Altus Power to retain customers and maintain and expand relationships with business partners, suppliers and customers; (6) the risk of litigation and/or regulatory actions related to the proposed acquisition of solar assets; (7) the possibility that Altus Power may be adversely affected by other economic, business, regulatory and/or competitive factors; and (8) the impact of COVID-19, inflationary pressures, and supply chain issues on Altus Power’s business.
Additional factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found under the heading “Risk Factors” in Altus Power’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 24, 2022, Altus Power’s Form 10-Q filed with the SEC on November 14, 2022, as well as the other information the Company files with the SEC. New risks and uncertainties arise from time to time, and it is impossible for Altus Power to predict these events or how they may affect the Company. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made and the information and assumptions underlying such statement as known by Altus Power on the date such statement was made, and Altus Power undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise.
This press release is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Altus Power and is not intended to form the basis of an investment decision in Altus Power. All subsequent written and oral forward-looking statements concerning Altus Power or other matters and attributable to Altus Power or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above.
Altus Power Contacts:
Chris Shelton, Head of IR
This email address is being protected from spambots. You need JavaScript enabled to view it.
True Green Contacts:
Christina Anzel
Director of Investor Relations & ESG
Mobile: + 1 917 608 3550
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "GCC Countries Diesel Gensets Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The diesel gensets market in GCC countries is poised to grow by $283.08 mn during 2023-2027, accelerating at a CAGR of 5.34%
The market is driven by low operating costs, power blackouts due to natural disasters, and increasing demand for uninterrupted power.
The report on the diesel gensets market in GCC countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
This study identifies the incorporation of remote monitoring system in gensets as one of the prime reasons driving the diesel gensets market growth during the next few years. Also, the emergence of bi-fuel portable generators and the use of advanced technology in diesel gensets will lead to sizable demand in the market.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading diesel gensets market vendors.
Also, the diesel gensets market in GCC countries analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
Vendor Analysis
Key Topics Covered:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Diesel gensets market in GCC countries 2017 - 2021
4.2 Product Segment Analysis 2017 - 2021
4.3 Application Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 Residential - Market size and forecast 2022-2027
6.4 Commercial - Market size and forecast 2022-2027
6.5 Industrial - Market size and forecast 2022-2027
6.6 Market opportunity by Application
7 Market Segmentation by Product
7.1 Market segments
7.2 Comparison by Product
7.3 Stationery diesel gensets - Market size and forecast 2022-2027
7.4 Portable diesel gensets - Market size and forecast 2022-2027
7.5 Market opportunity by Product
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Saudi Arabia - Market size and forecast 2022-2027
9.4 Qatar - Market size and forecast 2022-2027
9.5 United Arab Emirates - Market size and forecast 2022-2027
9.6 Oman - Market size and forecast 2022-2027
9.7 Rest of GCC - Market size and forecast 2022-2027
9.8 Market opportunity By Geographical Landscape
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
For more information about this report visit https://www.researchandmarkets.com/r/entscf
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.