Business Wire News

Prestigious award honors ecobee’s commitment to energy efficient products and solutions

TORONTO--(BUSINESS WIRE)--ecobee is proud to announce it has received the 2021 ENERGY STAR Partner of the Year Award by the Environmental Protection Agency and the U.S. Department of Energy. This award recognizes ecobee’s continued leadership around planet-positive smart home innovations, including the industry-leading ecobee SmartThermostat, and intelligent software platform, eco+, designed to improve energy efficiency, benefiting both consumers and the planet.

ecobee’s mission is to improve everyday life while creating a more sustainable world. Since the company’s inception, ecobee has demonstrated its dedication to energy efficiency by finding innovative ways to reduce carbon emissions, designing products to stay in homes and out of landfills (the average lifespan of an ecobee thermostat is 4x longer than a smartphone), and improving access to sustainable products for families across North America.


“This notable recognition underscores our commitment to developing planet-positive products and solutions that offer easier ways to make an impact,” said Chris Carradine, EVP of ecobee Energy. “Whether it’s helping our customers effortlessly save energy through eco+, or active participation in programs that reduce the load on the grid. ecobee is constantly innovating to ensure our products are designed for our customers and their families, but made for the planet.”

ecobee smart thermostats have delivered 17.6 TWh of energy savings to date, which is the annual equivalent of saving enough energy to take all the homes in Las Vegas off the grid for a year, taking 2.7 million cars off the road for a year, and keeping 13.7 million tons of CO₂ out of the atmosphere. ecobee has also improved access to energy efficient products by subsidizing tens of thousands of thermostats through the company’s Income Qualified program and partnerships with local housing organizations, cities and NGOs to donate devices to community housing projects.

“ENERGY STAR award-winning partners are showing the world that delivering real climate solutions makes good business sense and promotes job growth,” said EPA Administrator Michael S. Regan. “Many of them have been doing it for years, inspiring all of us who are committed to tackling the climate crisis and leading the way to a clean energy economy.”

Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements.  Winners are selected from a network of thousands of ENERGY STAR partners. For a complete list of 2021 winners and more information about ENERGY STAR’s awards program, visit energystar.gov/awardwinners.

To learn more about ecobee’s suite of industry-leading energy efficient products and solutions, visit www.ecobee.com.

About ecobee
Founded in 2007, ecobee’s mission is to improve everyday life while creating a more sustainable world. After launching the world’s first smart thermostat, ecobee has helped customers across North America save more than 17.6 TWh of energy. Today, ecobee continues to innovate with smart home solutions that solve everyday problems for customers with comfort, security, and conservation in mind. Find more information, visit ecobee.com.


Contacts

Fatima Reyes
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Also Ranked Among the “25 Best Companies For Latinos to Work”

SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that for the 12th time it has been included on the list of the 100 Best Companies to Work For, according to Fortune magazine and global research and consulting firm Great Place to Work. NuStar is the only energy company to earn a ranking this year and is one of only two San Antonio-based companies on the list.

To determine the 2021 list, Great Place to Work surveyed over half a million employees on issues including how trustworthy, caring and fair the company is in times of crises; employees’ physical, emotional and financial health; and the company’s broader community impact. Particular attention was paid to how employees’ experiences varied depending on their job role, gender, race/ethnicity, payroll status, and other characteristics to ensure that the company is creating a great workplace for all.

According to the Great Place to Work survey, 94% of NuStar employees said NuStar is a great place to work compared to 59% of employees at a typical U.S. company. NuStar employees gave high rankings for NuStar’s special and unique benefits, giving back to the community, giving employees a fair share of the profits made by the company, involving people in decisions that affect their jobs, having a no-layoff policy and for making employees feel like family.

"2020 was a tough year for our company, our industry and our country, so I’m especially proud of how our employees pulled together and supported one another and the communities in which we live and work,” said NuStar President and CEO Brad Barron. “As the saying goes, a company is only as good as its people, and we are blessed to have the best employees in corporate America.”

This recognition comes on the heels of the announcement that NuStar has been ranked among the 25 Best Companies For Latinos to Work by Latino Leader Magazine. According to the magazine, the exclusive list is based on criteria including: employee diversity; programs to recruit, promote and retain Latinos; promotion potential; and other key factors.

"Of course, these honors are a reflection on all of our employees and their commitment not just to NuStar, but to each other and to our communities," Barron added. "They are the key reason NuStar is such a great place to work."

About NuStar Energy L.P.
NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 10,000 miles of pipeline and 73 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels and specialty liquids. The partnership’s combined system has approximately 72 million barrels of storage capacity, and NuStar has operations in the United States, Canada and Mexico. For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com and our Sustainability page at www.nustarenergy.com/Sustainability.

About the Fortune 100 Best Companies to Work For
Great Place to Work selected the Fortune 100 Best Companies to Work For by gathering and analyzing confidential survey responses from more than half a million employees at Great Place to Work-Certified™ organizations across the country. Company rankings are derived from over 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology. To get on this list next year, start here.

About Great Place to Work
Great Place to Work is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.

About Latino Leaders Magazine:
Latino Leaders Magazine is the mission of brothers and founders, Raul and Jorge Ferraez, two Mexican businessmen. The mission of Latino Leaders Magazine is “Connecting Leaders. Inspiring the Future.” Satisfying this claim is the goal of the international staff of Latino Leaders Magazine. By promoting and publishing stories of Latino success, Latino Leaders Magazine strives to showcase stories, other than those often seen in the mainstream media. At the same time, demonstrate the influential Latinos maintain in this country. For more than a decade, Latino Leaders Magazine has featured the top Latinos in the United States, including politicians, sports stars, business owners within others.


Contacts

Chris Cho
210-918-3953
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  • CPG and pharmaceutical suppliers speed time to market; call EcoStruxure Automation Expert “A Game Changer”
  • Smart Distribution Center increases throughput by 5.3% with new category of automation
  • Engineering efforts reduced by over 50% with EcoStruxure Automation Expert and AVEVA combination

BOSTON--(BUSINESS WIRE)--#EcoStruxure--Schneider Electric, the leader in digital transformation of energy management and automation, today released version 21.1 of EcoStruxure™ Automation Expert, its software-centric universal automation system. Adoption of the new technology is proving immediately beneficial for consumer-packaged goods, pharmaceutical and logistics enterprises.



Step-change advancements

“EcoStruxure Automation Expert v21.1 is an important milestone in our journey to help manufacturers achieve the step-change advancements possible with a digital-first approach to industrial automation,” said Fabrice Jadot, Senior Vice President, Next Generation Automation, Schneider Electric. “Today’s operations need to react quickly to fluctuating market and environmental dynamics and rapidly mitigate potential risks. By separating the hardware and software lifecycles, EcoStruxure Automation Expert enables automation applications to be built using asset-centric, portable, proven-in-use software components, independent of the underlying hardware infrastructure. This software-centric approach delivers unprecedented cost and performance gains and frees engineers to innovate by automating low-value work and eliminating task duplication across tools.”

GEA is one of the largest technology suppliers for food processing and a wide range of other industries. The company focuses on technologies, components, and sustainable solutions for sophisticated production processes in diverse end-user markets where time to market and agility is essential. EcoStruxure Automation Expert greatly simplifies the integration between operational technology (OT) and information technology (IT) creating new agility for GEA and its customers.

“Bringing IT and OT together is our vision at GEA, and EcoStruxure Automation Expert is helping us deliver what we promise to our customers,” said Matthias Wiemann, Head of Automation and Controls - Automation Separation, GEA. “Working together on these projects with Schneider Electric and EcoStruxure Automation Expert provides us with the faster time-to-market and flexibility that critical industries like food and beverage and pharmaceuticals need.”

Master Systèmes, an industrial automation system integrator and Schneider Electric Master Alliance partner, is using EcoStruxure Automation Expert to increase the agility and flexibility of one of its cosmetic customer plants.

“EcoStruxure Automation Expert allows us to modernize legacy automation systems to an Industry 4.0 solution in a managed, low risk and agile way,” said Maurice Re, director of automation, Master Systèmes. “This is a game-changer for us. EcoStruxure Automation Expert’s advanced engineering tools will help us reduce the time to develop an application and supports easy integration of IT technologies, including predictive maintenance. This translates into faster time to market with an easier to maintain solution for our customers.”

Schneider Electric is also implementing EcoStruxure Automation Expert in its own Smart Distribution Center in Shanghai, China to reduce costs and improve efficiency.

Because the software is decoupled from the hardware, modifying the conveying line to adapt as flow requirements change is easier and more cost-effective. With EcoStruxure Automation Expert, identifying the root cause of failure and troubleshooting is four times faster. And with 45% less products on the error line, throughput is increased by 5.3%.

"EcoStruxure Automation Expert provides a smooth integration of third-party software so now we can seamlessly adapt our operations by reconfiguring our processes to increase throughput,” said Mourad Tamoud, Chief Supply Chain Officer, Schneider Electric. “Having a holistic view across the full system using one single point of reference increases our maintenance efficiency through faster failure identification and response in our Shanghai Smart Distribution Center.”

Next-generation technology

Among other advancements, EcoStruxure Automation Expert V21.1 includes: enhanced cybersecurity, diagnostics, discovery and commissioning features, and expanded libraries and language support.

In addition, improved integration with AVEVA System Platform ensures EcoStruxure Automation Expert customers can take advantage of AVEVA’s market leading software for supervisory, enterprise SCADA, MES, and IIoT applications with minimal engineering overhead. One study showed the EcoStruxure Automation Expert and AVEVA combination reduced engineering efforts by over 50%.

Universal automation

As the most sustainable corporation in the world and a global manufacturer with an end-to-end network of Smart Factories and Smart Distribution Centers, Schneider Electric is on a mission to make industries of the future eco-efficient, agile, and resilient through open, software-centric industrial automation. With the newest release of EcoStruxure Automation Expert, Schneider Electric urges manufacturing and process industries to embrace the benefits of universal automation, sustainability, and digitalization to boost global economic recovery through next generation industrial automation.

Universal automation is the world of plug and produce automation software components enabled by the IEC61499 standard.

“EcoStruxure Automation Expert is changing the game for industrial automation and demonstrates Schneider Electric’s commitment to universal automation,” said Jadot. “We continue to invite industrial developers everywhere to create their own software components and solutions based on the IEC61499 standard, which can easily interoperate with EcoStruxure Automation Expert.”

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software, and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centres, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Discover Life Is On

Follow us on: Twitter Facebook LinkedIn YouTube Instagram Blog

Hashtags: #SchneiderElectric #EcoStruxure #IndustriesOfTheFuture #UniversalAutomation #IEC61499

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Contacts

Press Contact Thomas Eck, 917-797-4974, This email address is being protected from spambots. You need JavaScript enabled to view it.

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its first quarter 2021 financial results on Monday, May 3, 2021 after the market closes in a news release to be posted on the company’s website at: www.avangrid.com. The company will issue an advisory news release over Business Wire the evening of May 3rd, which will include a link to the financial results news release on the company’s website.

In conjunction with the earnings release, AVANGRID will conduct a webcast conference call with financial analysts on Tuesday, May 4, 2021 beginning at 10:00 A.M. ET. AVANGRID’s Executive team will present an overview of the financial results followed by a question and answer session.

Interested parties, including analysts, investors and the media, may listen to a live audio-only webcast by accessing a link located in the Investors section of AVANGRID’s website at http://www.avangrid.com.

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $38 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 7,000 people and has been recognized by Forbes and Just Capital as one of the 2021 JUST 100 companies – a list of America’s best corporate citizens – and was ranked number one within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2021 for the third consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com.


Contacts

Analysts: Patricia Cosgel 203-499-2624
Media: Zsoka McDonald 203-499-3809

NEW YORK--(BUSINESS WIRE)--#corporateresponsibility--MetLife, Inc. (NYSE: MET) today announced that it has received the 2021 ENERGY STAR® Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy.


The Sustained Excellence award is the highest honor bestowed by the ENERGY STAR program. It is awarded to ENERGY STAR partners that have made a long-term commitment to fighting climate change and protecting public health through energy efficiency and have demonstrated leadership year over year. This is the third consecutive year that MetLife has been named an ENERGY STAR Partner of the Year, leading to the company’s Sustained Excellence designation.

“At MetLife, environmental stewardship reflects our purpose as a company,” said MetLife Chief Sustainability Officer Jon Richter. “As part of our commitment to building a more confident future, we strive to operate sustainably and support our stakeholders in their efforts to make environmentally sound choices as well. We are proud of this recognition and look forward to continuing our collaboration with the ENERGY STAR program.”

In 2020, MetLife announced 11 new 2030 Environmental Goals aimed at reducing the environmental impact of the company’s global operations and supply chain, while leveraging its investments, products, and services to help protect communities and drive innovative solutions. By continuing to utilize ENERGY STAR resources, MetLife will make progress on its goals, which include reducing location-based greenhouse gas emissions by 30%.

MetLife has achieved ENERGY STAR certifications for 24.5 million square feet of real estate, contributing to reduced energy use and emissions across its portfolio. Of this, 3.5 million square feet is attributed to the corporate office network and 21 million square feet is attributed to portfolios managed by MetLife Investment Management (MIM), MetLife’s institutional asset management platform.

“While the pandemic has created a profound change in the way people work and live, our priorities around building an even more sustainable real estate business have remained the same,” said Robert Merck, global head of Real Estate and Agriculture for MetLife Investment Management. “We have continued to leverage ENERGY STAR’s data and benchmarking platform to devise a specific plan for each property type, which has resulted in meaningful energy reductions.”

These tailored plans include the deployment of MetLife’s MetZero™ program across the company’s MIM-managed real estate portfolio, which is designed to achieve carbon neutrality across the company’s real estate investment portfolios. Using a Carbon Cascade™ approach, MetZero reduces carbon through various programs including energy efficiency, on-site and off-site renewables, and the purchase of renewable energy credits (RECs) and offsets.

Since 2016, MetLife has achieved carbon neutrality annually for its global offices, fleet, and business travel.

Recognition from ENERGY STAR builds on a number of MetLife’s sustainability milestones, including:

  • MetLife was the first U.S.-based life insurer to join the U.N. Global Compact, the world’s largest voluntary corporate sustainability initiative.
  • MetLife has earned a spot on the Dow Jones Sustainability North America Index for five years in a row.
  • MetLife established a Sustainable Financing Framework (SFF), further aligning its business and investment activities to support a more sustainable future. The SFF led to MetLife issuing the U.S. insurance industry’s first “green” funding agreement-backed note, a $750 million issuance.

For more information about ENERGY STAR, visit EnergyStar.gov/about. To learn more about MetLife’s commitment to sustainability, visit MetLife.com/Sustainability.

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

About MetLife Investment Management

MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MetLife Investment Management provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment and financing solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and as of December 31, 2020, had $659.6 billion in total assets under management.1

Forward-Looking Statements

The forward-looking statements in this news release, such as “will,” “committed,” “creating,” “supporting,” and “opportunity,” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it has no obligation to correct or update any of these statements.

1 Total assets under management is comprised of all MetLife general account and separate account assets and unaffiliated/third party assets, at estimated fair value, managed by MIM.


Contacts

Rachel Pokay
331-452-4122
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KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) plans to release its financial results for the first quarter ended March 31, 2021 after the market closes on April 21, 2021. An investors’ conference call to review the first quarter will be held the following day.

Date: Thursday, April 22, 2021

Time: 8:00 a.m. CT (please dial in by 7:55 a.m.)

Dial In #: (833) 900-2251

Conference ID: 3387961

Replay Dial In # (800) 585-8367 – Conference ID: 3387961

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

About Martin Midstream Partners

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

MMLP-F


Contacts

Sharon Taylor
Chief Financial Officer
(877) 256-6644
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NEW YORK--(BUSINESS WIRE)--#earthmonth--In recognition of its commitment to 100% renewable electricity and to reducing its carbon footprint, Colgate-Palmolive Company today received a 2021 ENERGY STAR® Partner of the Year Award for Sustained Excellence for its leadership in energy efficiency across global operations. This marks the 11th consecutive year that Colgate has been recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy as an authority in energy-saving practices.


This honor recognizes Colgate’s commitment to global sustainability, which is further defined in its 2025 Sustainability & Social Impact Strategy. Over the past year, Colgate has achieved measurable progress towards meeting the ambitious sustainability goals outlined in this Strategy, including:

  • Developing Colgate’s first Renewable Energy Master Plan, which was prompted by two new targets: To source 100% renewable electricity for global operations by 2030 and to become net zero carbon in operations by 2040.
  • Implementing 49 new capital energy projects around the world estimated to reduce Colgate’s carbon footprint by nearly 9.2 million kilograms – equivalent to 1,000 homes’ energy use for one year.
  • Working with Colgate’s largest suppliers to help increase their climate and energy awareness, with 35% of suppliers responding to our CDP Supply Chain request indicating they now have energy reduction goals.
  • Continuing to hold “Energy Treasure Hunts” to encourage employees to uncover causes of energy waste and find opportunities for improvement. Since 2012, this program has identified nearly 2,400 energy savings projects with the potential to reduce Colgate’s energy consumption by about 400,000 MWh and CO2 emissions by more than 140,000 metric tons – equivalent to the carbon sequestered by over 2 million trees grown for 10 years.

The honor from ENERGY STAR® also recognized Colgate’s progress towards its long-time goal of reducing Scope 3 emissions by educating consumers about how to save water while using their products. Colgate’s Save Water campaign has helped consumers avoid more than an estimated 8.3 million metric tons of CO2 and 155 billion gallons of water since 2016 (that’s the amount of water it takes to fill 234,000 Olympic-sized pools).

“Since the Colgate brand is in more homes than any other, we have the opportunity to help people build sustainable habits into their everyday lives,” said Ann Tracy, Colgate’s Chief Sustainability Officer. “We are honored to be recognized by ENERGY STAR® for Colgate’s achievements in sustainability and ongoing efforts to lead action on climate change – from encouraging suppliers to reduce their energy consumption to making our operations even more energy efficient to helping consumers lead more sustainable lives through the use of our products.”

The 2021 ENERGY STAR recognition demonstrates Colgate’s ongoing momentum in its mission to reimagine a healthier, more sustainable future for all people, their pets and our planet. As of 2020, Colgate certified its 20th TRUE Zero Waste plant – more than any other company in the world, was named the top performing Household Products company on the Dow Jones Sustainability Indices, and committed to furthering climate progress through participation in the UN Global Compact’s Water Resilience Coalition. Additional details about Colgate’s energy management and investment practices can be found in the Sustainability section of Colgate’s website. For ongoing updates regarding Colgate’s sustainability progress and accomplishments, follow Colgate on LinkedIn.

About ENERGY STAR:

ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500 companies—rely on their partnership with EPA to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its thousands of partners have helped American families and businesses avoid more than $450 billion in energy costs and achieve 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR can be found at: energystar.gov/about and https://www.energystar.gov/about/origins_mission/energy_star_numbers.

About Colgate-Palmolive Company:

Colgate-Palmolive Company is a caring, innovative growth company reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, the Company sells its products in more than 200 countries and territories under brands, such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA Skin, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The Company is recognized for its leadership and innovation in promoting environmental sustainability and community well-being, including its achievements in saving water, reducing waste, promoting recyclability and improving children’s oral health through its Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991. For more information about Colgate’s global business and how the Company is building a future to smile about, visit www.colgatepalmolive.com. CL-C


Contacts

Robert Goodfellow
Colgate-Palmolive Company
646-277-1218

DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) announced today that Tim Nicholson has been promoted to Senior Vice President (SVP) and Head of Exploration, and John Shinol has been promoted to SVP and Chief Geoscientist.

Tim and John joined Kosmos in 2018 and have been integral to the company’s infrastructure-led exploration (ILX) efforts over that period, primarily in the U.S. Gulf of Mexico and Equatorial Guinea. Tim and John were both formerly at Cobalt International Energy where they were responsible for several large discoveries in West Africa (Angola) and the U.S. Gulf of Mexico (North Platte, Anchor, and Heidelberg).

Tracey Henderson, the previous SVP of Exploration, has left Kosmos to pursue other interests.

Andrew G. Inglis, Kosmos Energy’s chairman and chief executive officer said: “As we see momentum return to our ILX activities in 2021, I am delighted to have two highly experienced, oil finders leading our exploration efforts. Tim and John have a long track record of proven-basin exploration success in our focus geographies of West Africa and the U.S. Gulf of Mexico. We have a deep hopper of high-quality ILX opportunities, a strong bench strength of exploration talent and have already seen early success in 2021. I would like to thank Tracey for her time at Kosmos, particularly her contribution to the company’s frontier basin success in the past.”

About Kosmos Energy

Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. Kosmos is listed on the New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in the Kosmos 2019 Sustainability Report. For additional information, visit www.kosmosenergy.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos’ estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.


Contacts

Investor Relations
Jamie Buckland
+44 (0) 203 954 2831
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Media Relations
Thomas Golembeski
+1-214-445-9674
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The report highlights progress around the company’s commitment to caring for people, protecting the environment, and providing responsibly sourced and sustainable products

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) announced today the launch of the company’s 2020 Corporate Social Responsibility (CSR) Report. The report highlights progress against the company’s ongoing commitment to caring for people, protecting the environment, and providing responsibly sourced and sustainable products.


“I am proud of how our associates worked together to serve customers, communities and each other during the many challenges of 2020,” said Chairman and CEO Pietro Satriano. “Despite the unprecedented year, we were able to make meaningful progress against our corporate social responsibility commitments. We look forward to continuing to advance our three pillars of people, planet and products in the year ahead and beyond.”

The company’s 2020 highlights for its key CSR focus areas included:

People

  • Instituted policies and procedures to help prevent the spread of COVID-19 among associates; launched playbooks dedicated to helping restaurants reopen and recover safely.
  • Donated nearly $43 million in food and supplies to food banks and charitable organizations across the country as they experienced increased demand due to the impacts of COVID-19.
  • Continued our commitment to enhancing diversity and inclusion efforts by expanding Employee Resource Groups into the field and training 200 leaders to facilitate their own Allyship and Anti-Racism workshops for corporate and frontline associates.

Planet

  • 6.9% reduction since 2015 in gallons of fuel used per case delivered.1,2
  • 7.3% reduction in Scope 1 and Scope 2 emissions since 2015.2,3,4
  • 13 million kWh of electricity generated from six solar installations each year.

Products

Learn more in the US Foods 2020 CSR report here.

1. Broadline business only.
2. Includes the Food Group of Companies, acquired in September 2019.
3. Emissions intensity measured as pounds of CO2e per case delivered.
4. Includes Smart Foodservice Warehouse Stores, acquired in April 2020.

About US Foods

US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 300,000 restaurants and foodservice operators to help their businesses succeed. With 70 broadline locations and 80 cash and carry stores, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill. Visit www.usfoods.com to learn more.


Contacts

MEDIA CONTACT:
Sara Matheu
Director of Media Relations
773-580-3775
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SAN JOSE, Calif.--(BUSINESS WIRE)--$BE #earnings--Bloom Energy (NYSE: BE) today announced it will release its first quarter fiscal year 2021 financial results on May 5, 2021 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT)/ 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.


Q1 2021 Conference Call and Webcast
Date: May 5, 2021
Time: 2 p.m. PT/ 5 p.m. ET
Live Dial in: Domestic (833) 520-0063 | International +1 (236) 714-2197
Participant Passcode: 8548909
Live webcast: https://investor.bloomenergy.com/

A telephonic replay of the conference call will be accessible for one week following the call at:
Dial in: Domestic (800) 585-8367 | International +1 (416) 621-4642
Passcode: 8548909

The Investors section of the Bloom Energy website will also host a replay for one year following the webcast at https://investor.bloomenergy.com/.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.


Contacts

Investor Relations:
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Media Relations:
Jennifer Duffourg
Bloom Energy
+1 (480) 341-5464
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LYNCHBURG, Va.--(BUSINESS WIRE)--$BWXT--BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”) announced today the closing of its previously announced offering of $400 million aggregate principal amount of 4.125% senior notes due 2029 (the “Notes”) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”). The Notes are guaranteed by each of BWXT’s present and future direct and indirect wholly owned domestic subsidiaries that is a guarantor under BWXT’s credit facility.


BWXT intends to use the net proceeds from the offering of the Notes, together with cash on hand or borrowings under its credit facility, to redeem, on or after July 15, 2021, all of its outstanding 5.375% senior notes due 2026 (the “2026 Notes”) at the then-applicable redemption price. Pending the application of the net proceeds to redeem all outstanding 2026 Notes, BWXT intends to repay in full all indebtedness outstanding under its credit facility, with the remaining net proceeds to be held in cash or invested in short-term interest-bearing accounts, securities or similar investments.

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward-Looking Statements
BWXT cautions that this press release contains forward-looking statements, including, without limitation, statements regarding the redemption of the 2026 Notes, the repayment of indebtedness under its credit facility and the other expected use of proceeds. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties, including, among other things, material adverse changes in economic or industry conditions generally and the market demand for the Notes. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed or implied in these forward-looking statements. For a more complete discussion of other risk factors affecting BWXT, see BWXT’s filings with the Securities and Exchange Commission, including BWXT’s annual report on Form 10-K for the year ended December 31, 2020. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

About BWXT
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Va., BWXT provides safe and effective nuclear solutions for national security, clean energy, environmental remediation, nuclear medicine and space exploration. With approximately 6,700 employees, BWXT has 12 major operating sites in the U.S. and Canada. In addition, BWXT joint ventures provide management and operations at more than a dozen U.S. Department of Energy and NASA facilities.


Contacts

Investor Contact:
Mark Kratz
Vice President, Investor Relations
980-365-4300
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Media Contact:
Jud Simmons
Director, Media and Public Relations
434-522-6462
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OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) will release first quarter 2021 financial results before market hours Monday, May 3, and will host a conference call at 10 a.m. EDT (9 a.m. CDT) that day to discuss the results.


The toll-free dial-in number to access the conference call is 833-968-1938, and the international dial-in number is 778-560-2726. The conference call ID is 4373909. The call will accompany a live webcast, and a replay will be available afterward. The webcast can be accessed from Enable’s investor page at https://investors.enablemidstream.com.

ABOUT ENABLE MIDSTREAM PARTNERS

Enable owns, operates and develops strategically located natural gas and crude oil infrastructure assets. Enable’s assets include approximately 14,000 miles of natural gas, crude oil, condensate and produced water gathering pipelines, approximately 2.6 Bcf/d of natural gas processing capacity, approximately 7,800 miles of interstate pipelines (including Southeast Supply Header, LLC of which Enable owns 50%), approximately 2,200 miles of intrastate pipelines and seven natural gas storage facilities comprising 84.5 billion cubic feet of storage capacity. For more information, visit https://enablemidstream.com.


Contacts

Media
Leigh Ann Williams
(405) 553-6947

Investor
Matt Beasley
(405) 558-4600

LONDON & NEW YORK--(BUSINESS WIRE)--General Atlantic, a leading global growth equity firm, announced today that Lord Browne of Madingley has joined the firm as a Senior Advisor, based in London.

Lord Browne will advise the firm on environmental, social and governance considerations, with a particular focus on the path to Net Zero emissions. He will work with General Atlantic to find new ways to invest in climate solutions, and help develop corporate strategies for addressing global climate change.

Lord Browne is a distinguished business leader, having served as Group Chief Executive of international energy company BP from 1995-2007. During that period he led the company through a period of major growth and change, including BP’s merger with Amoco in 1998, which created the first supermajor.

In a speech at Stanford University in 1997, Lord Browne became the first leader in the oil and gas industry to acknowledge the risk posed by climate and pledge to take action. Under his leadership, BP sought to go “Beyond Petroleum,” setting internal emissions reduction targets and launching new businesses in renewable and alternative energy. In 2007 Lord Browne joined Riverstone, an energy-focused private equity firm. He served as Co-Head of the firm’s $3.4 billion renewable energy and power fund which, at the time, was the world’s largest such fund.

Lord Browne sits on the boards of IHS Markit and SparkCognition, and is Chairman of Pattern Energy, a California-based wind and solar power developer established under his leadership at Riverstone. He has previously served on the boards of Goldman Sachs, Intel, DaimlerChrysler and SmithKline Beecham. Lord Browne is currently Chairman of Wintershall Dea, Europe’s largest independent gas and oil producer (measured by production), and Chairman of the Francis Crick Institute for biomedical research. He is an advisor to numerous companies operating at the intersection of science, engineering, energy and climate change.

"John has dedicated his efforts to the energy transition for decades," said Bill Ford, Chairman and Chief Executive Officer of General Atlantic. "He has an extensive knowledge of the entire energy value chain and understands the importance of ensuring that the planet’s biggest problems are addressed commercially. His intellect and ability to solve complex problems will bring tremendous value to our firm’s work in sustainability and strengthen our partnerships with businesses that are creating the sustainable technologies of the future."

Lord Browne commented, "Addressing global climate change requires a systemic transformation at a pace and scale never seen before. It is a challenge which has shaped my own career since the 1990s. Investment in engineered climate solutions now needs to increase significantly, and I look forward to working with General Atlantic to help shape the future of climate investing."

Lord Browne is a Fellow and past President of the Royal Academy of Engineering, a Fellow of the Royal Society, and a Fellow of the American Academy of Arts and Sciences. He is a Chairman and Member of a variety of boards serving the UK government, the arts, and universities.

Lord Browne was knighted in 1998 and made a life peer in 2001.

About General Atlantic

General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General Atlantic combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to build exceptional businesses worldwide. General Atlantic has more than 175 investment professionals based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, and Singapore. For more information on General Atlantic, please visit the website: www.generalatlantic.com


Contacts

Mary Armstrong & Emily Japlon
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NEW BRIGHTON, Minn.--(BUSINESS WIRE)--$APG--APi Group Corporation (NYSE: APG) (“APG”, “APi” or the “Company”) announced today that it will hold its first Investor Event virtually on Thursday, April 22, 2021. The event will begin at 9:30 a.m. ET and is expected to conclude by approximately 12:00 p.m. ET. Participants will include Russ Becker, President and Chief Executive Officer, James E. Lillie and Sir Martin E. Franklin, Co-Chairs, and other members from APi’s senior leadership team.


Participants can register for the event in advance and access it live via the following link: APi Group 2021 Investor Event - Thursday, April 22, 2021. A replay of the webcast will be made available following the conclusion of the event on the “Investor Relations” page of APi’s website at www.apigroupcorp.com.

About APi:

APi is a market-leading business services provider of safety, specialty and industrial services in over 200 locations, primarily in North America and with an expanding platform in Europe. APi provides statutorily mandated and other contracted services to a strong base of long-standing customers across industries. We have a winning leadership culture driven by entrepreneurial business leaders to deliver innovative solutions for our customers. More information can be found at www.apigroupcorp.com.


Contacts

Investor Relations Inquiries:
Olivia Walton
Vice President of Investor Relations
Tel: +1 651-604-2773
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Media Contact:
Liz Cohen
Kekst CNC
Tel: +1 212-521-4845
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "DC Power Supplies - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.


Amid the COVID-19 crisis, the global market for DC Power Supplies estimated at US$347.7 Million in the year 2020, is projected to reach a revised size of US$475.6 Million by 2027, growing at a CAGR of 4.6% over the period 2020-2027.

AC-DC, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$287.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the DC-DC segment is readjusted to a revised 3.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $93.8 Million, While China is Forecast to Grow at 7.4% CAGR

The DC Power Supplies market in the U.S. is estimated at US$93.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$99.6 Million by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 36 Featured):

  • Acopian
  • Adaptive Power Systems
  • AIM-TTI
  • AMETEK
  • Artesyn Embedded Power
  • B&K Precision
  • Chroma ATE
  • Good Will Instrument
  • Itech Electronic
  • Keysight Technologies
  • Kikusui Electronics
  • Magna-Power
  • Matsusada Precision
  • Mean Well
  • Regatron
  • Rohde & Schwarz
  • Sophpower Electronics
  • TDK Lambda
  • Tektronix
  • Zenone Elettronica

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION

  • Total Companies Profiled: 36

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


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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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

ANNAPOLIS, Md.--(BUSINESS WIRE)--Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that the Company will release its first quarter 2021 results after market close on Tuesday, May 4, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time).


The conference call can be accessed live over the phone by dialing 1-866-652-5200 or for international callers, 1-412-317-6060. Please ask to be connected to the Hannon Armstrong call. A replay will be available two hours after the call and can be accessed by dialing 1-877-344-7529, or for international callers, 1-412-317-0088. The passcode for the replay is 10154938. The replay will be available until May 11, 2021.

Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of the Company's website at www.hannonarmstrong.com. The online replay will be available for a limited time beginning immediately following the call.

To learn more about Hannon Armstrong, please visit the Company's website at www.hannonarmstrong.com. In addition to filing or furnishing required information to the U.S. Securities and Exchange Commission, Hannon Armstrong uses its website as a channel of distribution of material Company information. Financial and other material information regarding Hannon Armstrong is routinely posted on the Company's website and is readily accessible.

ABOUT HANNON ARMSTRONG

Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $7 billion in managed assets, Hannon Armstrong’s core purpose is to make climate-positive investments with superior risk-adjusted returns. For more information, please visit www.hannonarmstrong.com. Follow Hannon Armstrong on LinkedIn and Twitter @HannonArmstrong.


Contacts

HANNON ARMSTRONG
INVESTOR RELATIONS INQUIRIES:
Chad Reed
This email address is being protected from spambots. You need JavaScript enabled to view it.
410-571-6189

HALIFAX, Nova Scotia--(BUSINESS WIRE)--On April 12, 2021, the Board of Directors of Emera Inc. (TSX: EMA) approved quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after May 17, 2021 to the applicable shareholders of record at the close of business on May 3, 2021, as follows:


  1. $0.6375 per common share;
  2. $0.1364 per Series A First Preferred Share;
  3. $0.1168 per Series B First Preferred Share;
  4. $0.29506 per Series C First Preferred Share;
  5. $0.28125 per Series E First Preferred Share;
  6. $0.26263 per Series F First Preferred Share; and
  7. $0.30625 per Series H First Preferred Share.

Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.

About Emera

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $31 billion in assets and 2020 revenues of more than $5.5 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments throughout North America, and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H and EMA.PR.J. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional Information can be accessed at www.emera.com or at www.sedar.com.


Contacts

Emera Inc.
Investor Relations:
Erin Power, Director, Investor Relations
902-428-6760
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Media:
902-222-2683

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the “Company”) (NYSE: DAC) announced today the consummation of its previously announced $1.25 billion refinancing of a substantial majority of its outstanding senior secured indebtedness. On April 12, 2021, the Company refinanced all of the outstanding indebtedness, which aggregated $1.3 billion as of December 31, 2020, under nine of the Company’s senior secured credit facilities, with the proceeds from a $815 million senior secured credit facility with Citibank N.A. and National Westminster Bank plc who have been lenders to the Company for more than 30 years, a $135 million sale leaseback agreement with Oriental Fleet International Company Limited, an affiliate of COSCO Shipping Lease Co., Ltd., with respect to five vessels, and the net proceeds of the Company’s February 2021 offering of $300 million of 8.500% Senior Secured Notes due 2028.

Danaos’ CEO Dr. John Coustas commented:

The consummation of Danaos’ refinancing, a process that was initiated in February 2021 with our $300 million bond offering, is a significant step forward in the capital structure of Danaos Corporation and marks a new era for the Company. It is the culmination of meticulous and focused hard work over the past few years to reshape and de-risk the Company’s balance sheet and enhance equity value.

In particular, the capital structure of Danaos has been streamlined and simplified by refinancing nine credit facilities into one. The Company’s debt amortization profile has been improved, financial covenants have been simplified, and near-term maturities have been extended through at least 2025.

Coupled with extremely strong cash flow generation, our enhanced capital structure gives us ample capacity to pursue accretive growth strategies and continue building upon the high-quality operating franchise we have developed over the past four decades.

Our focus remains on maintaining a conservative financial profile and making thoughtful capital allocation decisions that align with our strategy and market expectations and deliver value to our shareholders.

Notes Listing

The Company also announced that its 8.500% Senior Notes due 2028 have been approved for listing on the Official List of The International Stock Exchange and were admitting to trading thereon as of April 7, 2021.

About Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size containerships. Our current fleet of 65 containerships aggregating 403,793 TEUs, including five vessels owned by Gemini Shipholdings Corporation, a joint venture, ranks Danaos among the largest containership charter owners in the world based on total TEU capacity. Our fleet is chartered to many of the world’s largest liner companies on fixed-rate charters. Danaos Corporation’s shares trade on the New York Stock Exchange under the symbol “DAC”.

Forward-Looking Statements

Matters discussed in this release may constitute forward-looking statements within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements reflect the current views of Danaos Corporation (including subsidiaries unless indicated or the context requires otherwise, the “Company,” “we,” “us,” and “our”) with respect to future events and financial performance and may include statements concerning our operations, cash flows, financial position, including with respect to vessel and other asset values, plans, objectives, goals, strategies, future events, performance or business prospects, changes and trends in our business and the markets in which we operate, and underlying assumptions and other statements, which are other than statements of historical facts. The forward-looking statements in this release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the impact of the novel coronavirus 2019 (“COVID-19”) pandemic and efforts throughout the world to contain its spread, including effects on global economic activity, demand for seaborne transportation of containerized cargo, the ability and willingness of charterers to fulfill their obligations to us, charter rates for containerships, shipyards performing scrubber installations, drydocking and repairs, changing vessel crews and availability of financing, the effects of the refinancing transactions, the Company’s ability to achieve the expected benefits of its refinancing transactions and comply with the terms of its credit facilities and other agreements entered into in connection with the such refinancing, the strength of world economies and currencies, general market conditions, including changes in charter hire rates and vessel values, charter counterparty performance, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled drydocking, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, ability to obtain financing and comply with covenants in our financing arrangements, actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, potential disruption of shipping routes due to accidents and political events or acts by terrorists.

Risks and uncertainties are further described in reports filed by Danaos Corporation with the U.S. Securities and Exchange Commission.

The forward-looking statements and information contained in this announcement are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.


Contacts

Company:

Evangelos Chatzis
Chief Financial Officer
Danaos Corporation
Athens, Greece
Tel.: +30 210 419 6480
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Iraklis Prokopakis
Senior Vice President and Chief Operating Officer
Danaos Corporation
Athens, Greece
Tel.: +30 210 419 6400
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Investor Relations and Financial Media

Rose & Company
New York
Tel. 212-359-2228
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

More than $406 million paid to 50 Counties and 246 Cities

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E), which serves more than 16 million Californians, is paying property taxes and franchise fees of over $406 million this spring to the 50 counties, 246 local cities and one district where it owns and operates gas and electric infrastructure.

“Property tax and franchise fee payments are one of the many important ways PG&E helps drive our hometowns and supports essential public services like education and public safety. This year’s payments reflect the substantial local investments we are making in our gas and electric infrastructure to create a safer and more reliable system and to better mitigate against wildfire risk,” said Chris Foster, Executive Vice President and Chief Financial Officer for PG&E.

On April 12, PG&E paid property taxes of more than $268 million to the 50 counties in which it owns property. The payment covers the period from January 1 to June 30, 2021. Total payments for the tax year of July 1, 2020 to June 30, 2021 are more than $537 million.

PG&E pays franchise fees to cities and counties for the use of public streets for its gas and electric facilities. The energy company is submitting the fees by April 15.

PG&E’s franchise fee payments totaled more than $138 million – more than $42 million for natural gas and nearly $96 million for electric service.

In 2020, PG&E invested about $7 billion to enhance and upgrade its gas and electrical infrastructure for safety, reliability and wildfire mitigation across Northern and Central California, and the increase in property tax payments reflect those continuing investments.

PG&E supports the communities it serves in a variety of ways. Last year, PG&E and the PG&E Corporation Foundation provided $17.5 million in charitable contributions in communities throughout Northern and Central California to enhance educational opportunities, preserve the environment, and support economic vitality and emergency preparedness. This included more than $1 million in relief to communities and small businesses for COVID 19 impacts. PG&E employees provide volunteer service in their local communities. The company also offers a broad spectrum of economic development services to help local businesses grow.

PG&E’s Second Installment of Property Taxes Paid on April 12, 2021

  • Alameda — $32,404,709
  • Alpine — $80,538
  • Amador — $1,108,032
  • Butte — $5,667,359
  • Calaveras — $1,191,644
  • Colusa — $4,137,638
  • Contra Costa — $21,497,366
  • El Dorado — $1,740,390
  • Fresno — $18,276,652
  • Glenn — $1,002,342
  • Humboldt — $4,106,763
  • Kern — $9,771,985
  • Kings — $1,706,582
  • Lake — $961,632
  • Lassen — $51,276
  • Madera — $2,510,612
  • Marin — $4,750,923
  • Mariposa — $318,727
  • Mendocino — $1,824,242
  • Merced — $3,967,492
  • Modoc — $214,875
  • Monterey — $4,022,424
  • Napa — $3,369,198
  • Nevada — $1,357,769
  • Placer — $6,606,295
  • Plumas — $2,565,430
  • Sacramento — $7,024,199
  • San Benito — $877,418
  • San Bernardino — $1,450,867
  • San Diego — $6,446
  • San Francisco — $14,835,825
  • San Joaquin — $13,167,723
  • San Luis Obispo — $10,392,451
  • San Mateo — $15,317,959
  • Santa Barbara — $1,180,653
  • Santa Clara — $33,320,405
  • Santa Cruz — $2,016,295
  • Shasta — $6,227,812
  • Sierra — $124,531
  • Siskiyou — $100,917
  • Solano — $6,654,033
  • Sonoma — $8,764,068
  • Stanislaus — $2,904,283
  • Sutter — $1,415,569
  • Tehama — $1,551,202
  • Trinity — $181,612
  • Tulare — $610,668
  • Tuolumne — $910,615
  • Yolo — $2,917,664
  • Yuba — $1,474,638

    Total payments -- $268,640,748

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.


Contacts

MEDIA RELATIONS:
41-973-5930

SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (NYSE: SWN) today announced it will host a conference call and live audio webcast on April 30, 2021 to discuss first quarter 2021 financial and operating results. The Company plans to release results on April 29, 2021 after market close, which will be available on SWN’s website at www.swn.com.


Date:

 

April 30, 2021

Time:

 

9:30 a.m. CT

Webcast:

 

ir.swn.com

US/Canada:

 

877-883-0383

International:

 

412-902-6506

Access code:

2265512

A replay of the call will also be available until May 30, 2021 at 877-344-7529, International 412-317-0088, or Canada Toll Free 855-669-9658, access code 10154901.

Southwestern Energy Company is an independent energy company engaged in natural gas, natural gas liquids and oil exploration, development, production and marketing. For additional information, visit our website www.swn.com.


Contacts

Investor Contacts
Brittany Raiford
Director, Investor Relations
(832) 796-7906
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Bernadette Butler
Investor Relations Advisor
(832) 796-6079
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