VALLEY FORGE, Pa.--(BUSINESS WIRE)--#AmeriGas--UGI Corporation (NYSE: UGI) announced today that its subsidiary, AmeriGas Propane (“AmeriGas”), the nation’s largest retail propane marketer, has entered into an agreement with Global Clean Energy Holdings, Inc. (OTCQX: GCEH) to purchase and distribute renewable LPG. AmeriGas will leverage its supply and logistics infrastructure and sales and marketing teams to market and distribute renewable LPG to new and existing customers primarily in the state of California.
As part of a multi-year agreement, GCEH’s Bakersfield biorefinery will process up to 15,000 barrels of renewable feedstock per day, including their proprietary energy crop - camelina, to produce renewable fuels including bioLPG. This biorefinery, which is expected to begin operations in the first half of calendar 2022, is projected to produce approximately 13 million gallons of renewable LPG in its first year, making it the largest commercially available renewable propane production facility to date in the United States1. Under the distribution partnership, AmeriGas will be the long-term exclusive buyer of renewable LPG from GCEH’s Bakersfield biorefinery.
“We are thrilled to partner with GCEH to bring renewable LPG to customers in a rapidly developing market where there is strong demand for biofuels and a focus on environmentally sustainable energy solutions,” said Roger Perreault, President and CEO - UGI Corporation. “This long-term agreement demonstrates continued progress on our environmental, social and governance (ESG) initiatives and strategy to invest in renewables. It is another great example of our ongoing efforts to provide innovative, low-carbon, sustainable energy solutions to customers.”
Renewable LPG, also known as renewable-propane or bioLPG, is chemically identical to today’s fossil LPG (C3H8) and therefore can be used with existing infrastructure. It has up to 80% lower carbon footprint than that of conventional LPG and a much lower carbon intensity than conventional diesel or gasoline fuels.
“Our investment in the Bakersfield biorefinery coupled with AmeriGas’ industry-leading footprint across the propane supply chain is a powerful combination aimed at advancing the growth of the renewable fuels market in California and elsewhere,” commented Richard Palmer, President & CEO of Global Clean Energy Holdings. Russell Blades, Vice President, Technology & Sustainability at Global Clean Energy Holdings, added, “Agreements like this and strategic partners like AmeriGas support our integrated Farm-to-Fuels-to-Market value chain strategy, which truly differentiates us from other renewable fuel producers and sets an exciting stage for future growth.”
“This strategic partnership leverages the strengths of each organization and sets the foundation for both companies to work together across traditional agricultural, energy and supply chain lines to bring lower-carbon fuels to customers,” said Steve Kossuth, VP of Global LPG Supply - UGI Corporation. “We look forward to working closely with the team at GCEH to advance renewable LPG to market in California.”
About AmeriGas
AmeriGas is the largest retail propane marketer in the United States, with more than 1 billion gallons sold annually to 1.4 million customers in all 50 states from approximately 1,600 locations.
More information about AmeriGas is available at https://www.amerigas.com.
About UGI Corporation
UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania and West Virginia, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas in the eastern region of the United States and California, and internationally in France, Belgium, the Netherlands and the UK.
Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.
About Global Clean Energy Holdings
Global Clean Energy Holdings, Inc. (“GCEH”) is a vertically integrated renewable fuels company specializing in nonfood-based feedstocks used for the production of advanced biofuels and biomaterials. With a footprint that stretches from the laboratory to the farm gate through to biorefinery production, GCEH’s farm-to-fuels value chain integration provides unrivaled access to reliable, ultra-low carbon feedstocks. When online, the Bakersfield Biorefinery will be the only facility of its type, processing both traditional bio feedstocks as well as domestically grown camelina oil into sustainable, ultra-low carbon fuels in California. To learn more, visit gceholdings.com and susoils.com.
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Forward-Looking Statements
Certain matters discussed in this press release are “forward-looking statements” of Global Clean Energy Holdings, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that statements in this press release which are not strictly historical statements are forward-looking statements and are subject to a number of risks and uncertainties. Important factors that could cause actual results, developments and business decisions to differ materially from forward-looking statements are described in the sections titled “Risk Factors” in filings with the Securities and Exchange Commission, including most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
1 According to a recent article by the Western Propane Gas Association (WPGA) News.
UGI Investor Relations
610-337-1000
Tameka Morris, ext. 6297
Arnab Mukherjee, ext. 7498
Global Clean Energy Holdings, Inc.
Natalie Findlay
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(424) 318-3518
COLUMBIA, Md.--(BUSINESS WIRE)--Ambu Inc., the world leader in single-use endoscopy, marked the 65th birthday of its iconic invention, the Ambu® BagTM, today by donating 650 of the lifesaving devices to international charity Mercy Ships, which is known around the globe for bringing state-of-the-art healthcare to the developing world on its hospital ships.
The Ambu Bags were presented to Jackie Abbott, Corporate Development Officer of Mercy Ships, in a virtual ceremony that included members of Ambu’s team that operates from its U.S. headquarters in Columbia, Maryland.
“It is our honor to deliver Ambu Bags to Mercy Ships, which has a rich history of transforming the lives of people around the world who do not have access to healthcare,” said Allan Jensen, Vice President of Sales, Anesthesia at Ambu. “Like Mercy Ships the Ambu Bag has been saving lives for decades, often providing critically injured patients a second chance at life.”
The Ambu Bag was invented in Denmark by Dr. Holger Hesse, Ambu’s founder, and anesthesiologist Dr. Henning Ruben. Since its debut in 1956, the Ambu Bag has come to define the self-inflating manual resuscitation instrument that is used around the world by hospitals, ambulatory surgical centers, urgent care centers, and first responders. The iconic device is credited with helping more than 45 million people breathe in the past 10 years alone. In late 2021, Ambu marked the Ambu Bag’s milestone 65th anniversary and will continue the celebration into 2022.
Mercy Ships uses hospital ships to deliver free, world-class healthcare services, capacity building and sustainable development to those without access in the developing world. The Ambu Bags will be delivered to the Africa Mercy® and the newly built Global Mercy®, the world’s largest non-governmental hospital ship.
“We thank Ambu for the generous donation of the Ambu bags. For the past 65 years, Ambu has made a commitment to deliver innovative quality products that have a positive impact on patient care and the work of healthcare professionals. Mercy Ships looks forward to an ongoing relationship with Ambu and using the Ambu bags when our ships are in field service in Africa,” said Christie VanWinkle, Medical Procurement Manager at Mercy Ships.
The Africa Mercy was launched in 2007 and has five operating theatres, recovery, intensive care, and low dependency wards totaling 80 patient beds. The Global Mercy, the world’s largest non-governmental hospital ship, has six operating rooms, 200 beds, and training spaces including a simulation lab which will simulate local conditions and limitations in order to teach best practices in low resource environments.
About Ambu
Ambu has been bringing the solutions of the future to life since 1937. Today, millions of patients and healthcare professionals worldwide depend on the efficiency, safety and performance of our single-use endoscopy, anesthesia, and patient monitoring & diagnostics solutions. The manifestations of our efforts have ranged from early innovations like the Ambu® BagTM resuscitator and the Ambu® BlueSensorTM electrodes to our newest landmark solutions like the Ambu® aScopeTM – the world’s first single-use flexible endoscope. Moreover, we continuously look to the future with a commitment to deliver innovative quality products that have a positive impact on the work of doctors, nurses, and paramedics. Headquartered near Copenhagen in Denmark, Ambu employs approximately 4,500 people in Europe, North America, and the Asia Pacific. For more information, please visit www.ambuusa.com
About Mercy Ships
Mercy Ships uses hospital ships to deliver free, world-class healthcare services, capacity building and sustainable development to those without access in the developing world. Founded in 1978 by Don and Deyon Stephens, Mercy Ships has worked in more than 70 countries providing services valued at more than $1.53 billion, treating more than 2.71 million direct beneficiaries. Each year Mercy Ships has more than 1,600 volunteers from more than 40 nations. Professionals including surgeons, dentists, nurses, healthcare trainers, teachers, cooks, seamen, engineers, and agriculturalists donate their time and skills to the effort. Mercy Ships seeks to transform individuals and serve nations one at a time. Learn more about who we are.
Contacts for Ambu:
North America
Klaas-Pieter Jimmink, Director of Marketing Communications, tel. 443-766-1363, email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Ambu Inc., 6230 Old Dobbin Lane, Suite 250, Columbia, Maryland, 21045, United States, www.ambuusa.com
European and APAC media
Mikkel Trier Wagner, Director Corporate Communications, tel. +45 4191 0830, email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Ambu A/S, Baltorpbakken 13, DK-2750 Ballerup, Denmark, tel. +45 7225 2000, CVR no.: 63 64 49 19, www.ambu.com
Contacts for Mercy Ships:
Laura Rebouche
U.S. National Media Relations Director Mercy Ships
Office:+1 903.939.7000
Direct:+1 903.939.7137
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.mercyships.org/press/
For Int’l: Diane Rickard
International Media Relations Manager Mercy Ships
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www.mercyships.org/press/
TORRANCE, Calif.--(BUSINESS WIRE)--Global Clean Energy Holdings, Inc. (OTCQX: GCEH) announced today that it has entered into an agreement with UGI Corporation’s (NYSE: UGI) subsidiary, AmeriGas Propane (“AmeriGas”), the nation’s largest retail propane marketer, to purchase and distribute renewable LPG produced by GCEH. AmeriGas will leverage its supply and logistics infrastructure and sales and marketing teams to market and distribute GCEH’s renewable LPG to new and existing customers primarily in the state of California.
As part of a multi-year agreement, GCEH’s Bakersfield biorefinery will process up to 15,000 barrels of renewable feedstock per day, including GCEH’s proprietary energy crop, camelina, to produce renewable fuels including bioLPG. This biorefinery, which is expected to begin operations in the first half of calendar 2022, is projected to produce approximately 13 million gallons of renewable LPG in its first year of regular commercial operations, making it the largest commercially available renewable propane production facility to date in the United States1. Under the distribution partnership, AmeriGas will be the long-term exclusive buyer of renewable LPG from GCEH’s Bakersfield biorefinery.
“Our investment in the Bakersfield biorefinery coupled with AmeriGas’ industry-leading footprint across the propane supply chain is a powerful combination aimed at advancing the growth of the renewable fuels market in California and elsewhere,” commented Richard Palmer, President & CEO of Global Clean Energy Holdings.
Renewable LPG, also known as renewable-propane or bioLPG, is chemically identical to today’s fossil LPG (C3H8) and therefore can be used with existing infrastructure. It has up to 80% lower carbon footprint than that of conventional LPG and a much lower carbon intensity than conventional diesel or gasoline fuels.
“We are thrilled to partner with GCEH to bring renewable LPG to customers in a rapidly developing market where there is strong demand for biofuels and a focus on environmentally sustainable energy solutions,” said Roger Perreault, President and CEO - UGI Corporation. “This long-term agreement demonstrates continued progress on our environmental, social and governance (ESG) initiatives and strategy to invest in renewables. It is another great example of our ongoing efforts to provide innovative, low-carbon, sustainable energy solutions to customers.”
Russell Blades, Vice President, Technology & Sustainability at Global Clean Energy, added, “Agreements like this and strategic partners like AmeriGas support our integrated Farm-to-Fuels-to-Market value chain strategy, which truly differentiates us from other renewable fuel producers and sets an exciting stage for future growth.”
“This strategic partnership leverages the strengths of each organization and sets the foundation for both companies to work together across traditional agricultural, energy and supply chain lines to bring lower-carbon fuels to customers,” said Steve Kossuth, VP of Global LPG Supply - UGI Corporation. “We look forward to working closely with the team at GCEH to advance renewable LPG to market in California.”
About Global Clean Energy Holdings
Global Clean Energy Holdings, Inc. (“GCEH”) is a vertically integrated renewable fuels company specializing in nonfood-based feedstocks used for the production of advanced biofuels and biomaterials. With a footprint that stretches from the laboratory to the farm gate through to biorefinery production, GCEH’s farm-to-fuels value chain integration provides unrivaled access to reliable, ultra-low carbon feedstocks. When online, the Bakersfield Biorefinery will be the only facility of its type, processing both traditional bio feedstocks as well as domestically grown camelina oil into sustainable, ultra-low carbon fuels in California. To learn more, visit gceholdings.com and susoils.com.
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About AmeriGas
AmeriGas is the largest retail propane marketer in the United States, with more than 1 billion gallons sold annually to 1.4 million customers in all 50 states from approximately 1,600 locations.
More information about AmeriGas is available at https://www.amerigas.com.
About UGI Corporation
UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania and West Virginia, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas in the eastern region of the United States and California, and internationally in France, Belgium, the Netherlands and the UK.
Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.
Forward-Looking Statements
Certain matters discussed in this press release are “forward-looking statements” of Global Clean Energy Holdings, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that statements in this press release which are not strictly historical statements are forward-looking statements and are subject to a number of risks and uncertainties. Important factors that could cause actual results, developments and business decisions to differ materially from forward-looking statements are described in the sections titled “Risk Factors” in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
1According to a recent article by the Western Propane Gas Association (WPGA) News.
Global Clean Energy Holdings, Inc.
Natalie Findlay
This email address is being protected from spambots. You need JavaScript enabled to view it.
(424) 318-3518
UGI Investor Relations
610-337-1000
Tameka Morris, ext. 6297
Arnab Mukherjee, ext. 7498
DALLAS--(BUSINESS WIRE)--IOG Resources, LLC (“IOGR”) announces the appointment of James D. Bennett and Barbara M. Baumann to the Board of Directors.
IOGR today announced the naming of James D. Bennett as an independent Chairman of the Board. Mr. Bennett is the former President and CEO of SandRidge Energy, Inc. and previously served in senior roles at GSO Capital Partners and White Deer Energy. He is currently an independent Board member of Tellurian Inc. and Kimray Inc., among others, and recently served as Executive Chairman of Tapstone Energy Inc.
Barbara M. Baumann has also been appointed as an independent Board member. Ms. Baumann is president and owner of Cross Creek Energy Corporation. She is currently on the board of Devon Energy, National Fuel Gas Company, Ascent Resources and Texas American Resources II and is a Senior Advisor for First Reserve, a private equity firm focused on industrial, infrastructure, and energy businesses and IOGR’s financial sponsor. In addition, she is an Independent Trustee of the Putnam Mutual Funds.
James Bennett commented, “Barb and I are excited to be part of an investment platform that has established itself as a premier non-op partner for both public and private operators. Together with the support of First Reserve, we look to continue to grow IOGR’s business by providing the E&P sector a variety of capital solutions at a time when the industry continues to see capital constraints from traditional debt and equity capital markets.”
Mr. Bennett and Ms. Baumann are joining Marc Rowland, founder of IOG Capital (formerly affiliated with IOGR) and former EVP and CFO of Chesapeake, and Steve Mueller, former President, Chairman and CEO of Southwestern Energy and current Senior Advisor to First Reserve, as independent Directors.
About IOG Resources, LLC
IOG Resources, LLC is a Dallas, Texas-based energy investment platform sponsored by First Reserve. The company was established in 2017 and invests in diversified upstream oil and gas assets as a non-operated working interest partner. For more information, please visit www.iogresources.com
About First Reserve
First Reserve is a private equity firm exclusively focused on investing across diversified energy, infrastructure, and general industrial end-markets. Founded in 1983, First Reserve has 39 years of industry insight, and has cultivated a network of global relationships. First Reserve has raised more than $32 billion of aggregate capital since inception. Its investment and operational experience have been built from over 700 transactions, including platform investments and add-on acquisitions, on six continents. The firm’s portfolio companies have operated globally in over 60 countries and span the entire energy and industrial spectrum.
IOG Resources, LLC
214-272-2990
George Edwards
Managing Director
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Jay Heath
Managing Director
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Tommy Woolley
Managing Director
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BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“ or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce the signing of new contracts with manufacturers of clean power generation and energy storage solutions for the delivery of electrochemistry components.
The contracts were signed in the fourth quarter of 2021 and have a combined value of $2.2 million. Advent began delivering electrochemistry components in the fourth quarter of 2021 and deliveries are expected to continue through September 2022. The vast majority of the new business is from North American based customers.
Dr. Vasilis Gregoriou, Advent’s Chairman and Chief Executive Officer, said, “We are excited to continue on a high-growth path and expand customer relationships across the USA, Europe, and Asia. Advent is recognized as a company with game-changing technology and our philosophy is to deliver high-quality products to companies as dedicated to a clean energy future as we are. We look forward to helping our customers reach their goals, and we hope that their trust leads to Advent expanding its repeat business with satisfied clients.”
Advent’s electrochemistry components business includes electrodes, membranes, and membrane electrode assemblies (“MEAs”). These components are critical for fuel cells, electrolyzers, and long-duration energy storage (flow batteries). The performance of these components defines the lifetime, efficiency, weight and, ultimately, a substantial portion of the cost of the end electrochemistry products. Advent is continuously innovating in the area of electrochemical components. Among Advent’s key developments in 2021 were:
Advent’s electrochemistry materials R&D is based in Boston, Massachusetts, with synthesis and manufacturing capabilities in Europe. Advent is expanding its production capabilities through the development of a new facility at the Hood Park campus in Charlestown, Massachusetts, which will focus primarily on the development and production of the next-generation of fuel cell components.
Advent’s Chief Technology Officer Dr. Emory DeCastro added: “2021 was a year of successful growth, and demonstrated great success in Advent’s first year as a public company. The Company had 100% acceptance of our products by our customers in the electrochemistry component business, with zero returns for quality issues. Our new Hood Park facility will allow us to scale-up and deliver on the increasing global demand for electrochemical components in the clean energy space.”
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With more than 100 patents issued and licensed for its fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent’s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in Advent’s Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 20, 2021, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Advent Technologies Holdings, Inc.
Elisabeth Maragoula / Chris Kaskavelis
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STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE:CR) will hold its annual investor conference on Wednesday, March 30, 2022, from 8:30 AM to 12:00 PM in New York City. Speakers will include Max H. Mitchell and other key Crane Co. executives. Presentations will be available via live webcast. A web replay will be available on our website shortly after completion of the event.
If you are interested in attending, please RSVP with your name and affiliation to: This email address is being protected from spambots. You need JavaScript enabled to view it.
Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane Co. provides products and solutions to customers in the chemicals, oil & gas, power, automated payment solutions, banknote design and production and aerospace & defense markets, along with a wide range of general industrial and consumer related end markets. The Company has four business segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies and Engineered Materials. On May 24, 2021, Crane announced that it had signed an agreement to divest its Engineered Materials segment; that sale is pending, subject to customary closing conditions and regulatory approval. Crane Co. has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com.
Jason D. Feldman
Vice President, Investor Relations
203-363-7329
www.craneco.com
DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center real estate investment trust (REIT), today announced it has achieved 100% renewable power at the company’s Dallas, TX headquarters and added the site to CyrusOne’s existing net water positive building portfolio. The headquarter offices will be CyrusOne’s first location that is both 100% renewable energy and net water positive. The move to renewable energy and water stewardship at its company headquarters is part of a broader effort by CyrusOne to deliver highly efficient, resilient, and sustainable infrastructures to its customers.
“Our headquarters sustainability achievement is a glimpse of CyrusOne’s sustainable future,” said David Ferdman, Interim President and CEO of CyrusOne. “As we expand our efforts around climate, water, biodiversity and circular economy across our data center portfolio, we wanted to make sure our headquarters is walking the talk, too.”
“This announcement for our global headquarters aligns with our goals we set as a company back in 2019 to add more renewable infrastructure and net-water positive facilities to our network,” said Kyle Myers, Senior Director of Environmental Health, Safety and Sustainability at CyrusOne. “In 2021, we not only switched our offices to renewable electricity but also restored 20% more water than we used to the watershed.”
This announcement demonstrates CyrusOne’s commitment to minimize impacts to the local environment and is part of the company’s larger sustainability mission. CyrusOne recently released its 2021 Sustainability Report, which highlights the company’s commitments to the environment, the community, and stakeholders, and provides insight into the company’s efforts to conserve water and energy through creative data center design. CyrusOne also co-founded the Climate Neutral Data Center Pact in 2021, which includes 25 companies and 17 associations from across the industry and has a goal of making European data centers climate-neutral by 2030.
For more information about CyrusOne, call 1-855-908-3662 or visit www.cyrusone.com. Connect with us on Google Plus, LinkedIn, Twitter, and Facebook.
About CyrusOne
CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. The company provides mission-critical facilities that ensure the continued operation of IT infrastructure for approximately 1,000 customers, including approximately 200 Fortune 1,000 companies. A leader in hybrid-cloud and multi-cloud deployments, CyrusOne offers colocation, hyperscale, and build-to-suit environments that help customers enhance the strategic connection of their essential data infrastructure and support achievement of sustainability goals. CyrusOne data centers offer world-class flexibility, enabling clients to modernize, simplify, and rapidly respond to changing demand. Combining exceptional financial strength with a broad global footprint, CyrusOne provides customers with long-term stability and strategic advantage at scale.
David M. Baum
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+1 646.428.0620
PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that Adam Miller, Chief Financial Officer, and Brad Stewart, Executive Vice President of Finance, are scheduled to participate in the following upcoming transportation conferences:
Citi’s 2022 Global Industrials, Technology, and Mobility Conference - February 23, 2022
Ritz Carlton, Miami, FL
Barclays Industrial Select Conference - February 24, 2022
Loews Miami Beach Hotel, Miami, FL
About Knight-Swift
Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, providing multiple truckload transportation and logistics services, as well as LTL services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating the country's largest tractor fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.
Forward-Looking Statements
This press release contains certain statements that may be considered 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, relating to anticipated benefits of the transaction, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements. Forward-looking statements are based on currently available operating, financial, and competitive information. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Readers should review and consider the factors that may affect future results and other disclosures by the Knight, Swift, and Knight-Swift in their press releases, stockholder reports, Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.
David Jackson, President and CEO, or Adam Miller, CFO - 602-606-6349
Mawson produced 140 Bitcoin in January
Bitcoin Self-Mining operating at approximately 1.1 EH end of January
Bitcoin Self-Mining expected to be at approximately 1.35 EH end of February, +23% month on month, producing approximately 6.5 Bitcoin per day1
Luna Squares Hosting Co-location operations at 2 MW in January
SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, announces unaudited bitcoin production and operational update for January 2022.
Bitcoin Self-Mining Update
Luna Squares Hosting Co-location Update
Operational Update
Expected Hash Rate Growth
Mawson expects Bitcoin Self-Mining to be at 3.35 EH by Q2 2022, and target of 5 EH online by early Q1 2023 reiterated.
James Manning, CEO and Founder of Mawson, said, “January was a period of rapid growth for Mawson – operationally we crossed above the 1 Exahash (EH) level for the first time, ending the month at approximately 1.1 EH, a major milestone for the business. We are now focused on the rapid growth at our Georgia, Pennsylvania and Australian facilities, and continue to assess new sites for our growing business. Demand for our Luna Squares co-location business continues to grow and we look forward to updating shareholders on this front in due course.”
About Mawson Infrastructure
Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA and Australia. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation mobile data centre (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure.
For more information, visit: www.mawsoninc.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as “expect,” “intend,” “plan,” “anticipate,” “believe,” and “will,” among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading “Risk Factors” included in Mawson’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021, and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law.
1 Based on network difficulty as at 11 February 2022
2 Based on network difficulty as at 11 February 2022
Investor Contact:
Brett Maas
646-536-7331
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www.haydenir.com
Long-time Perma-Pipe board member David Barrie - not standing for re-election
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), a global engineered piping services company, today announced changes to its Board of Directors, including the appointment to the Board of Mr. Robert McNally effective February 14, 2022. Robert McNally will replace Perma-Pipe Director, Mr. David Barrie, who has announced he will not stand for re-election to the Perma-Pipe Board during Perma-Pipe’s upcoming June 23, 2022 annual stockholders meeting.
President and CEO, Mr. David Mansfield commented, “Mr. Barrie has been a valued member of our Board since 2012 and as Chairman since 2015, guiding the company through significant strategic transition which has repositioned us as a strong global company today. We thank him for his extensive service and contributions, his unwavering commitment to the company, and his sincere care and attention for our stockholders. I wish him the very best.”
He continued, “We regularly evaluate our Board composition to ensure it includes the appropriate skills, experience and perspectives necessary to drive growth for our stockholders. The addition of Mr. McNally will bring a fresh set of eyes to leverage and accelerate our performance for our stockholders.”
Mr. Barrie will be transitioning the role of Chairman of the Board to Mr. Jerome Walker, currently Compensation Committee Chairman and Board member since 2014. Mr. Walker commented, “Mr. Barrie’s contributions over the years are countless and his tenure on the Board will not be forgotten. On behalf of the Board of Directors, we thank him for his dedication to serving the stockholders and employees.”
Mr. Barrie commented, “My decision to not stand for re-election comes with mixed emotions. I am pleased that over the past 10 years at Perma-Pipe I have met and worked with many people who have made significant contributions in transforming Perma-Pipe into a global industry leader. It has been a privilege and honor to have witnessed the positive changes in the company during this time. I couldn’t be more proud to have been a part of that journey.”
Mr. McNally, age 51, currently is an Independent Director for both Oasis Petroleum, Inc. and Summit Midstream Partners, LP where he serves on the Audit Committees and Compensation Committees. He has served on several public and private boards in a variety of industries since 2006.
With over 28 years of global business experience, Mr. McNally is a seasoned leader. Mr. McNally was previously President, Chief Executive Officer and Board Member for EQT Corporation. EQT Corporation, headquartered in Pittsburgh, Pennsylvania, was the largest gas producer in North America. Prior to joining EQT, Mr. McNally was Executive Vice President and Chief Financial Officer at Precision Drilling Corporation. He has a B.A. in Mathematics from Knox College, a B.S. in Mechanical Engineering from the University of Illinois and an M.B.A. from Tulane University Freeman School of Business, New Orleans.
Mr. Jerome Walker added, “We are extremely pleased to have Robert join our Board and look forward to drawing from his extensive experience and business expertise as we continue to grow and transform Perma-Pipe’s global business.”
Mr. McNally commented, “I am honored to join the Perma-Pipe Board of Directors and am very much looking forward to working with Perma-Pipe’s talented management team and Board to deliver excellent results for all of the company’s stakeholders.”
Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is a global leader in pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It uses its extensive engineering and fabrication expertise to develop piping solutions that solve complex challenges regarding the safe and efficient transportation of many types of liquids. In total, Perma-Pipe has operations at thirteen locations in six countries.
David Mansfield, President and CEO
Perma-Pipe Investor Relations
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847.929.1200
The HUVR Tank Solution delivers a paradigm shift in Aboveground Storage Tank safety, regulatory and reliability inspections
AUSTIN, Texas--(BUSINESS WIRE)--In the face of SB900, and recognizing the escalating requirements for storage tank safety, reliability, compliance and operational excellence, HUVR and Earl Crochet have joined forces to deliver an industry focused, fit-for-purpose solution to meet growing Aboveground Storage Tank (AST) asset integrity inspection challenges. Both parties recognize that the AST industry, as with many other industrial segments, is changing rapidly. “Never before in my decades-long professional engineering career have I witnessed the perfect storm we see today,” said Earl Crochet, president, Crochet Midstream Consulting. “Industry veterans are exiting and taking their hard-earned tank inspection knowledge with them; at the same time new inspection technologies and regulations are entering the scene.”
Available now, the HUVR Tank Solution (HTS) is a suite of targeted workflows designed to provide clarity of asset health with actionable insight to ensure industrial asset owners not only remain compliant, but also perform to expectation, eliminating downtime and maximizing revenue. Seamlessly integrated into the HUVR Inspection Data Management Platform (IDMP), tank owners and inspection service providers finally have the ability to easily aggregate, analyze and automate all of their tank inspection data—alongside all of their other inspection data.
“Maintaining reliability, compliance and operational excellence with tanks isn’t easy, and it’s only getting more difficult as talented experts retire, new tools and datasets are introduced and sweeping new regulations are passed,” said Ben Schmuhl, VP of product management, HUVR. “We wanted to add even more breadth and depth to the AST workflows already in the HUVR platform, so partnering with Earl made perfect sense.”
Earl Crochet, often called “The Tank Whisperer,” brings over 33 years of experience in pipelines and terminals, and was the director of engineering for asset regulatory support for Kinder Morgan Terminals. He has served on several API committees and subcommittees since 1994, and also served on the Board of Directors for the ILTA until 2015.
“I'm excited to be working with HUVR on the first scalable solution for all of the industries reliant on storage tanks,” said Crochet. “HUVR is truly disrupting the old-school paradigm of manual inspections, paper checklists, siloed data and the resulting, sub-optimal AST health. Joining forces, we'll be assisting tank owners around the world, but also the hundreds of chemical and petroleum companies in Texas as they prepare for the added complexities introduced by SB900.”
Inspired by incidents with tanks during Hurricane Harvey, as well as the Deer Park chemical tank fire outside of Houston in 2019, Governor Greg Abbott signed SB900 in June, 2021, and it went into effect in September. Going forward, more than 35,000 ASTs in Texas will need to comply with myriad new regulations related to inspection and repair (API 653), overfill prevention (API 2350) and reduction of the hazards associated with the storage, handling and use of flammable and combustible liquids (NFPA 30). This law is similar to those in 30 other states, including Florida, which has even more stringent requirements.
About HUVRdate, Inc.
HUVRdata is the first purpose-built Inspection Data Management Platform (IDMP). Created in the cloud, the mobile-connected HUVR Platform enables the aggregation, analysis and automation of visual and quantitative inspection data from any device, sensor, robot or field technician. The largest energy producers and the most specialized inspection service providers have realized immediate ROI using HUVR to plan inspections, manage work, ingest data, assess findings and generate analytical reports – from any workflow. Industrial asset owners finally have a simple and easy way to visualize infrastructure health, ensuring compliance, reliability and operational excellence. For more information visit https://www.huvrdata.com/.
About Earl Crochet
Earl has over 33 years’ experience in pipelines and terminals in various roles in Engineering, Operations, Business Development, EH&S, and Management. He is currently the EVP of Business Development Oil & Gas for Perceptive Sensors Technologies and Owner of Crochet Midstream Consulting. Until November 2020, he was the Director of Engineering for Asset Regulatory Support for Kinder Morgan Terminals. Active in the API since 1994, Earl has been active in the Subcommittee of Aboveground Storage Tanks (past Chairman) and was recently co-chair of the API 2350 Tank Overfill Prevention Committee. He also served on the Board of Directors of the ILTA from 2009 to 2015, including a term as Chairman. Earl has been a Certified API 653 Aboveground Storage Tank Inspector since 1993.
Jamey Heinze
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DUBLIN--(BUSINESS WIRE)--The "Power Plant Control System Market by Component, Plant Type, Application, Solution: Global Opportunity Analysis and Industry Forecast 2021-2030" report has been added to ResearchAndMarkets.com's offering.
The global power plant control system market was valued at $7.3 billion in 2020, and is projected to reach $10.4 by 2030, growing at a CAGR of 3.6% from 2020 to 2030.
Power plant control system is an essential component of the hardware, software, and services used to operate, monitor, and provide safety to the plants. Power plants employ controllers to manage and regulate pressure, temperature, flow, level, and vibration. each of which must be monitored and controlled. Furthermore, controllers used in the power plants are also employed in the oil & gas industries and other manufacturing industries. Power plants are highly automated, and numerous software applications such as SCADA, DCS, and others are used in power plants. The systems that can be controlled from the central control room are electrical auxiliaries for unit transformers, grid connection, generator/unit protection, excitation, synchronization, auxiliary transformers, and switchgear. Traditionally, these electrical devices were hardwired to inputs/outputs (I/O) and data-controlled systems (DCS).
The power plant control system market is segmented on the basis of component, plant type, application, solution and region. On the basis of component, the market is categorized into hardware, software and services. On the basis of plant type, it is divided into coal, oil, natural gas, nuclear, hydroelectric, renewables and others. On the basis of application, it is categorized into boiler & auxiliaries' control, generator excitation & electrical control, turbine & auxiliaries control system and others). On the basis of solution, it is categorized into Supervisory Control & Data Acquisition (SCADA), Plant Asset Management (PAM), Distributed Control System (DCS), Programmable Logic Controller (PLC) and Plant Lifecycle Management (PLM)). On the basis of region, it is analysed across North America, Europe, Asia-Pacific, and LAMEA.
The global power plant control system market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include ABB, Emerson, Endress Hauser, General Electric, Hitachi, Mitsubishi Electric, Omron, Rockwell, Schneider Electric, and Siemens.
KEY MARKET SEGMENTS
By Component
By Application
By Region
KEY PLAYERS in the global power plant control system market are:
1. ABB
2. Emerson
3. Endress+Hauser
4. General Electric
5. Hitachi
6. Mitsubishi Electric
7. Omron
8. Rockwell
9. Schneider Electric
10. Siemens
Key Topics Covered:
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Key forces shaping the market
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rising urbanization and industrialization
3.4.1.2. Growing use of oil & gas related products
3.4.2. Restraint
3.4.2.1. High cost associated with power plant control software and cyber-attacks & threats
3.4.3. Opportunity
3.4.3.1. Expanding gas infrastructure and utilize of gas
3.5. Value Chain Analysis
3.6. Impact of key regulations on the global power plant control system market
3.7. Impact of (COVID-19) outbreak on the market
CHAPTER 4: POWER PLANT CONTROL SYSTEMS, BY COMPONENT
4.1. Overview
4.2. Hardware
4.3. Software
4.4. Services
CHAPTER 5: POWER PLANT CONTROL SYSTEM, BY SOLUTION
5.1. Overview
5.2. Supervisory Control & Data Acquisition (SCADA)
5.3. Plant Asset Management (PAM)
5.4. Distributed Control System (DCS)
5.5. Programmable Logic Controller (PLC)
5.6. Plant Lifecycle Management (PLM)
CHAPTER 6: POWER PLANT CONTROL SYSTEM, BY APPLICATION
6.1. Overview
6.2. Boiler & Auxiliaries Control
6.3. Generator Excitation & Electrical Control
6.4. Turbine & Auxiliaries Control System
6.5. Others
CHAPTER 7: POWER PLANT CONTROL SYSTEM MARKET, BY PLANT TYPE
7.1. Overview
7.2. Coal
7.3. Oil
7.4. Natural Gas
7.5. Nuclear
7.6. Hydroelectric
7.7. Renewable
7.8. Others
CHAPTER 8: POWER PLANT CONTROL SYSTEM MARKET, BY REGION
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia-Pacific
8.5. LAMEA
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.1.1. Market player positioning, 2020
9.2. Top winning strategies
9.2.1. Top winning strategies, by year
9.2.2. Top winning strategies, by development
9.2.3. Top winning strategies, by company
9.3. Product mapping of top 10 players
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Key developments
9.6.1. New product launches
9.6.2. Agreement
9.6.3. Expansions
9.6.4. Acquisition
9.6.5. Partnership
CHAPTER 10: COMPANY PROFILES:
For more information about this report visit https://www.researchandmarkets.com/r/duhcbh
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Project adds 20,000 metric tons of global capacity
BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced the groundbreaking of a new specialty compounds facility in Cilegon, Indonesia. The new facility is co-located with Cabot’s existing carbon black manufacturing site and will add 20,000 metric tons of annual global capacity for specialty compounds, including black masterbatch and conductive compounds. It is expected that the facility will be operational at the end of 2022.
The new capacity will provide a reliable, local supply to support the increasing need for specialty compounds in the rapidly growing masterbatch and conductive compounds market in Southeast Asia and globally. This demand is driven by economic growth in the region as well as the evolving mobility landscape, increases in sustainable infrastructure developments and a rise in the production of electrical devices to support global connectivity needs.
The specialty compounds facility will incorporate Cabot’s latest technology advances into the plant design and operations. Additionally, being co-located with Cabot’s existing carbon black facility will enable Cabot to utilize integrated site economics through manufacturing efficiencies and reduced waste, including the use of recovered waste-heat energy from the carbon black facility. This will reduce the environmental impact of the project in alignment with Cabot’s recently announced ambition to achieve net zero carbon emissions globally by 2050.
“As a global leader in black masterbatch and conductive compounds, we are pleased to break ground on this new facility to expand our global reach and better serve our customers in the region and around the world,” said Aaron Johnson, senior vice president and president, Formulated Solutions. “This new facility will enable us to meet the growing needs of our customers for innovative solutions that improve performance of their products and support their sustainability needs. Furthermore, we are proud that this facility will incorporate state-of-the-art technologies and energy reuse to help us achieve our sustainability goals and net zero ambitions.”
“For more than 30 years, we have developed a strong presence in Indonesia with our carbon black facility and the support and partnership of the Indonesian government. We are excited to expand our footprint in the Cilegon community with our new masterbatch plant and continue to contribute to the economic development in Indonesia,” said Dixy Olyviardy, managing director, Cabot Asia Pacific South and president, Cabot Indonesia. “This investment is a testament to our ongoing commitment to deliver innovative and high-quality products that support the needs of our customers and address the key sustainability challenges of today’s world.”
ABOUT CABOT CORPORATION
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts. The company is a leading provider of rubber and specialty carbons, activated carbon, elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed silica and aerogel. For more information on Cabot, please visit the company’s website at cabotcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
Emily Moran
Corporate Communications
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(617) 460-4517
Steve Delahunt
Investor Relations
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(617) 342-6255
DUBLIN--(BUSINESS WIRE)--The "Global Sustainable Aviation Fuel Market by Fuel Type (Biofuel, Hydrogen Fuel, Power to Liquid Fuel, Gas to Liquid), Biofuel Manufacturing Technology (FT-SPK, HEFA-SPK, ATJ-SPK, HFS-SIP, CHJ), Biofuel Blending Capacity, Platform, Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The sustainable aviation fuel market is projected to grow from USD 219 million in 2021 to USD 15,716 million by 2030, at a CAGR of 60.8% during the forecast period.
Based on fuel type, the biofuel segment is estimated to lead the sustainable aviation fuel market during the forecast period
Based on fuel type, the biofuel segment of the sustainable aviation fuel market is accounted for the largest share during the forecast period. The greatest potential of biofuel lies in its ability to significantly reduce GHG emissions in the aviation sector and positively impact climate change. The strong and ongoing commitment of the aviation sector and the active involvement of an increasing number of stakeholders such as airlines and many aviation organizations to develop biofuel through voluntary initiatives have been a major driving force behind biofuel development and consumption. The production of biofuel is expected to scale up rapidly in the coming decade due to rapid developments in technological pathways to commercialize the use of alternative jet fuel.
Based on biofuel manufacturing technology, the hydroprocessed fatty acid esters and fatty acids - synthetic paraffinic kerosene (HEFA-SPK) segment is estimated to lead the sustainable aviation fuel market in 2020
Based on biofuel manufacturing technology, the hydroprocessed fatty acid esters and fatty acids - synthetic paraffinic kerosene (HEFA-SPK) segment of the sustainable aviation fuel market is expected to grow at the highest CAGR during the forecast period. The development and deployment of bio-jet fuels, primarily HEFA bio-jet, has progressed from single demonstration flights by airlines or equipment manufacturers to multi-stakeholder supply-chain initiatives including equipment manufacturers, airlines, fuel producers and airports. This growth can be attributed to the technologically being most commercially available for the production of sustainable aviation fuel.
Based on biofuel blending capacity, the 30% to 50% segment is expected to grow at the highest CAGR during the forecast period
Based on biofuel blending capacity, the 30% to 50% segment of the sustainable aviation fuel market is expected to grow at the highest CAGR during the forecast period. The moderate blend capacity, drop-in facility in existing fuel systems, supply logistics infrastructure, and aircraft fleet allows to minimize the overall cost and cater to the volume demands from commercial and military aviation.
Based on platform, the commercial aviation segment is estimated to lead the sustainable aviation fuel market during the forecast period
Based on the platform, the commercial aviation segment of the sustainable aviation fuel market is accounted for the largest share during the forecast period. The growth of this segment can be attributed to the increase in the aircraft fleet of emerging economies in the commercial aviation sectors. The initiatives taken by the various commercial airlines, commercial airports, and aircraft manufacturers across the globe in the adoption of renewable jet fuel is driving the growth of this segment in the sustainable aviation fuel market.
North America is estimated to lead the sustainable aviation fuel market in 2020
The North American market has been studied for the US and Canada. North America is considered to have the largest aircraft fleet with a large number of passengers per year, leading to an increase in aircraft emissions substantially. To cater to the need for reduction in carbon footprints due to increasing air traffic and air passengers, the US and Canada are focused on various initiatives to utilize sustainable aviation fuel. With supportive policies and initiatives to decarbonize aviation emissions, the North American market is deemed to be one of the strong demand centres for sustainable aviation fuel. Switching to more energy-dense biofuel to reach the goal of decarbonizing the aviation sector is expected to play a significant role in reducing GHG concentration across the region.
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/ccbuei
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DENVER--(BUSINESS WIRE)--P2 Energy Solutions (P2), the leader in software solutions for the upstream oil and gas market, announced today that it has launched an extension of its Business Process Outsourcing (BPO) offerings to include production accounting based on the P2 Merrick platform, the industry’s leading production operations solution.
As part of the service, customers will be able to deploy P2 Field Operator to their field users and integrate it with their SCADA systems. This will allow them to focus on their operations and health of their wells while P2 handles the daily activities associated with managing and reporting production volumes. At month’s end, P2 production experts will ensure that all oil, gas, and water volumes are properly allocated and accounted for and reported to the appropriate regulatory agency.
P2’s BPO – Production service is the only of its kind to offer direct integration with P2 Field Operator, daily allocations, and P2 Carte, the web-based self-serve production portal. Backed by the P2 Merrick allocation engine that offers daily and monthly allocations, customers that choose production outsourcing receive expertise and customer care from people with 25 years of industry experience.
“Many of our clients told us they are struggling to find qualified people who know production from the field to the back office, so it only made sense for us to offer our services given our 30+ years of outsourcing experience. The fact that we can also provide access to their data and assurance that the allocations will be correct is icing on the cake,” said Clara Fuge, SVP, Production Solutions at P2.
To learn more about BPO – Production, watch this short video.
About P2 Business Process Outsourcing (BPO)
P2 has been providing outsourcing services for small startups and large operators alike since 1991, which is longer than any other provider in upstream oil and gas. More than 40 BPO and 500 other industry and software specialists comprise the P2 team that delivers BPO to customers to help them cut costs, consolidate, and capitalize on efficiencies gained through outsourcing. To learn more, visit https://www.p2energysolutions.com/p2-business-process-outsourcing
About P2 Energy Solutions
P2 Energy Solutions (P2) is the world’s largest independent provider of software and data solutions exclusively serving the upstream oil and gas industry. Professionals from more than 1,700 companies around the world rely on P2’s oil and gas data, land, production, and accounting solutions to optimize their business processes and performance. To learn more, visit https://www.p2energysolutions.com
Whitney Daly
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RED DEER, Alberta--(BUSINESS WIRE)--Azolla Hydrogen has been identified as a high potential, growth-stage start up and has been accepted to the Canadian Technology Accelerator which will represent the Canadian Hydrogen technology sector in Germany.
The government of Germany has ambitious plans to make hydrogen the foundation of a low emission economy. Massive public and private sector investments create significant opportunity for Canadian experts in hydrogen and related Carbon Capture, Usage & Storage (CCUS) technologies. Corporations are expanding their technology scouting efforts and many have deemed hydrogen as the foremost of their priorities. Germany is Europe’s largest economy and the environmental impact of this economic success is being challenged by ambitious plans to drive down emissions from energy consumption and industrial processes. Hydrogen is widely regarded as the cornerstone of the country’s future energy supply moving forward.
The Canadian Technology Accelerator (CTA) program is a six-month program that offers participants customized support including an overview of local industry and culture, marketing campaign support sessions, virtual pitching and B2B matchmaking, and a company booth to showcase the technology at the H2Expo in Hanover, Germany.
“We are honoured to have been selected to represent the future of the Canadian hydrogen technology industry in Germany. We look forward to gaining a deeper understanding of the German markets needs and wants so we can deliver innovative solutions. The opportunity to present our transformative hydrogen production technology in this promising growth market while identifying and informing new customers provides Azolla the opportunity to kickstart our exports to Germany,” states Jared Sayers, Azolla’s President and CEO.
To kick off the program, the CTA will be hosting an online event on February 23, 2022. The event will feature nine Canadian hydrogen start-ups accepted into the program alongside Azolla Hydrogen, with a focus on areas of hydrogen production, infrastructure, and distribution. Three influential speakers will lead the event through discussions on the role that hydrogen will play in the green transformation of Canadian industry, the dynamics of how international start-ups can boost the hydrogen ecosystem and explore the internationalization pressure of the hydrogen economy.
“Azolla Hydrogen is excited to explore the applications these innovative possibilities are bringing to the hydrogen industry, and we welcome you to join this event and see how it can impact your future,” comments Jared Sayers. Following the event, personnel from each company will be available for 1:1 video chats to answer your questions and continue the discussion.
To find out more information and join us for this event on February 23, 2022 from 7:00AM-9:30AM (MST), please sign up using the following link: https://matchmaker.ruhr/events/innovation-bridge-north-america-presents-hydrogen-startups-canada/1RvxgL325Y
About Azolla Hydrogen Ltd.:
Azolla Hydrogen is an Alberta based start-up with a focus on the Alberta, California, and the North American hydrogen economy. We help companies transition from a default reliance on fossil fuels. As we edge toward decarbonizing the energy sector, hydrogen as a transportation fuel is gaining influence. Azolla Hydrogen has identified a pathway to generate low-GHG hydrogen that is scalable and not reliant on the grid as power for electrolysis or fossil fuels for small modular reactors.
For more information about the Canadian Technology Accelerator see: https://www.tradecommissioner.gc.ca/cta-atc/technology-accelerator-germany-allemagne-atc.aspx?lang=eng
For more information on Azolla Hydrogen: Jared Sayers This email address is being protected from spambots. You need JavaScript enabled to view it.
Partnership enables customers to securely and privately leverage ocean data for better, faster decisions
WASHINGTON--(BUSINESS WIRE)--#DataInUse--Enveil, the pioneering Privacy Enhancing Technology company protecting Data in Use, and Terradepth, an advanced ocean data-as-a-service company revolutionizing ocean data use, today announced a partnership and product integration to expand secure and private data usage and access at the Edge. This unmatched capability transforms the way ocean data can be leveraged for sensitive business and mission applications including secure maritime domain awareness and mission planning.
Oceanographic data itself is a national and commercial asset and numerous industries, including oil & gas, national security, and telecommunications rely on its content and accuracy. Bringing together Enveil’s ZeroReveal® capabilities and Terradepth’s oceanographic data holdings, the partnership allows organizations to access and utilize previously restricted datasets without revealing their interest or intent.
“Our aim is to positively change the way humans experience the ocean and this partnership accelerates that effort by allowing ocean data to be leveraged in new and innovative ways,” said Joe Wolfel, Co-CEO of Terradepth. “We’re very excited to be working with Enveil to expand secure and private ocean data usage and enable exploration of the maritime environment.”
Terradepth’s cloud-based, market-leading ocean data platform, Absolute Ocean (AO), provides immersive and interactive visualization capabilities of both Terradepth-collected and third-party ocean data. Utilizing the integration with Enveil ZeroReveal®, customers can leverage all these data holdings along with the full functionality of AO without revealing their interest and intent to Terradepth, Enveil, or any other entity.
“By changing the paradigm of how and where organizations can use data, we allow customers to extract value without the need to move or replicate data, accelerating time to value,” said Ellison Anne Williams, Founder and CEO of Enveil. “We’re proud to be working with Terradepth to extend these capabilities to the oceanographic edge to help our customers make better, faster mission-critical decisions.”
Leveraging breakthroughs in Privacy Enhancing Technologies (PETs), Enveil’s capabilities extend the boundary of trusted compute by securely processing data at the point of collection and in third-party data environments. A customer’s sensitive search parameters, such as specific geographic areas of interest, specific objects, and data types, are protected through the encrypted search functionality powered by Enveil ZeroReveal®. Organizations can maintain operational integrity during sensitive business and mission applications by ensuring the content of the search, watchlist, or analytics remain encrypted throughout the processing lifecycle.
To learn more about the expanded value unlocked through the Enveil-Terradepth partnership, please schedule a meeting: www.enveil.com/contact.
About Enveil
Enveil is a pioneering Privacy Enhancing Technology company protecting Data in Use. Enveil’s business-enabling and privacy-preserving capabilities change the paradigm of how and where organizations can leverage data to unlock value. Defining the transformative category of Privacy Enhancing Technologies (PETs), Enveil’s award-winning ZeroReveal® solutions for secure data usage, collaboration, and monetization protect data while it's being used or processed. Customers can extract insights, cross-match, search, and analyze data assets at scale without ever revealing the content of the search itself, compromising the security or ownership of the underlying data, or exposing their interests and intent. A World Economic Forum Technology Pioneer founded by U.S. Intelligence Community alumni, Enveil is deployed and operational today, revolutionizing data usage in the global marketplace. Learn more at www.enveil.com.
About Terradepth
Terradepth is an ocean data-as-a-service company focused on scaling ocean data collection and dissemination, enabling everyone to explore our planet’s underwater environment like never before. This is accomplished via a revolutionary autonomous maritime system that collects ocean data at the edge, combined with an immersive, web browser-based geospatial portal for ocean data management and analysis. These capabilities, uniquely combined, support better informed decision-making about our ocean environment. Learn more at www.terradepth.com.
Lisa Bader
Enveil
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Upon closing, Allego’s stock is expected to be listed on NYSE under the new ticker symbol “ALLG”
PARIS & ARNHEM, Netherlands & NEW YORK--(BUSINESS WIRE)--Spartan Acquisition Corp. III (“Spartan”) (NYSE: SPAQ), a publicly traded special purpose acquisition company, and Allego Holding B.V. (“Allego” or “the Company”), a leading pan-European electric vehicle charging network, today announced that on February 10, 2022 the U.S. Securities and Exchange Commission (“SEC”) has declared effective Allego affiliate Athena Pubco B.V.’s (“Athena Pubco”) registration statement on Form F-4 (File No. 333-259916) relating to the previously announced business combination of Spartan and Allego (the “Business Combination”).
Details of the Special Meeting of Stockholders
Spartan will mail the definitive proxy statement/prospectus (the “Proxy Statement”) to stockholders of record as of the close of business on January 18, 2022.
The Special Meeting to approve the pending Business Combination, among other items, is scheduled to be held on March 8, 2022 at 11:00 a.m. Eastern Time (the “Special Meeting”). The Special Meeting will be conducted virtually, and can be accessed via live webcast at https://www.cstproxy.com/spartanspaciii/2022. If the proposals at the Special Meeting are approved, the parties anticipate that the Business Combination will close and trading of the combined entity’s stock and warrants will continue to be listed on the NYSE under the new ticker symbols “ALLG” and “ALLG WS”, respectively, shortly thereafter, subject to the satisfaction or waiver, as applicable, of all other closing conditions.
Every stockholder’s vote is important, regardless of the number of shares held. Accordingly, Spartan requests that each stockholder complete, sign, date and return a proxy card (online or by mail) as soon as possible and by no later than 11:59 p.m. Eastern Time on March 7, 2022, to ensure that the stockholder’s shares will be represented at the Special Meeting. Stockholders which hold shares in “street name” (i.e. those stockholders whose shares are held of record by a broker, bank or other nominee) should contact their broker, bank or nominee to ensure that their shares are voted.
If any individual Spartan stockholder does not receive the Proxy Statement, such stockholder should (i) confirm his or her Proxy Statement’s status with his or her broker or (ii) contact Morrow Sodali LLC, Spartan’s proxy solicitor, for assistance via e-mail at: This email address is being protected from spambots. You need JavaScript enabled to view it. or toll-free call at (800) 662-5200. Banks and brokers can place a collect call to Morrow Sodali at (203) 658-9400.
“We are pleased to have achieved this important milestone and announce a date for the Special Meeting of Spartan stockholders,” said Geoffrey Strong, Chairman and Chief Executive Officer of Spartan and Partner and Co-Head of Infrastructure and Natural Resources at Apollo. “We look forward to continuing to work closely with the Allego team as they execute on their strategy to accelerate their leadership position within the European EV charging market as the company benefits from broad-based demand and significant industry tailwinds.”
About Allego
Allego delivers charging solutions for electric cars, motors, buses and trucks, for consumers, businesses and cities. Allego’s end-to-end charging solutions make it easier for businesses and cities to deliver the infrastructure drivers need, while the scalability of our solutions makes us the partner of the future. Founded in 2013, Allego is a leader in charging solutions, with an international charging network comprised of more than 26,000 charge points operational throughout Europe – and growing rapidly. Our charging solutions are connected to our proprietary platform, EV-Cloud, which gives us and our customers a full portfolio of features and services to meet and exceed market demands. We are committed to providing independent, reliable and safe charging solutions, agnostic of vehicle model or network affiliation. At Allego, we strive every day to make EV charging easier, more convenient and more enjoyable for all.
About Spartan Acquisition Corp. III
Spartan Acquisition Corp. III is a special purpose acquisition entity focused on the energy value-chain and was formed for the purpose of entering into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Spartan is sponsored by Spartan Acquisition Sponsor III LLC, which is owned by a private investment fund managed by an affiliate of Apollo Global Management, Inc. (NYSE: APO). For more information, please visit www.spartanspaciii.com.
Forward-Looking Statements.
This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Spartan Acquisition Corp. III’s (“Spartan”) and Allego Holding B.V.’s, a Dutch private limited liability company (“Allego”), 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. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Spartan’s and Allego’s expectations with respect to future performance and anticipated financial impacts of the proposed business combination, the satisfaction or waiver of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. Most of these factors are outside Spartan’s and Allego’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (i) the occurrence of any event, change, or other circumstances that could give rise to the termination of the Business Combination Agreement and Plan of Reorganization (the “BCA”); (ii) the outcome of any legal proceedings that may be instituted against Athena Pubco B.V., a Dutch limited liability company (the “Athena Pubco”) and/or Allego following the announcement of the BCA and the transactions contemplated therein; (iii) the inability to complete the proposed business combination, including due to failure to obtain approval of the stockholders of Spartan, certain regulatory approvals, or the satisfaction of other conditions to closing in the BCA; (iv) the occurrence of any event, change, or other circumstance that could give rise to the termination of the BCA or could otherwise cause the transaction to fail to close; (v) the impact of the COVID-19 pandemic on Allego’s business and/or the ability of the parties to complete the proposed business combination; (vi) the inability to obtain or maintain the listing of Athena Pubco’s common shares on the New York Stock Exchange following the proposed business combination; (vii) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (viii) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of Allego to grow and manage growth profitably, and to retain its key employees; (ix) costs related to the proposed business combination; (x) changes in applicable laws or regulations; and (xi) the possibility that Allego, Spartan or Athena Pubco may be adversely affected by other economic, business, and/or competitive factors. The foregoing list of factors is not exclusive. Additional information concerning certain of these and other risk factors is contained in Spartan’s most recent filings with the SEC and in the registration statement on Form F-4 (the “Form F-4”), including the proxy statement/prospectus forming a part thereof filed by Athena Pubco in connection with the proposed business combination on September 30, 2021, as amended on December 14, 2021, January 18, 2022 and February 1, 2022. All subsequent written and oral forward-looking statements concerning Spartan, Allego or Athena Pubco, the transactions described herein or other matters and attributable to Spartan, Allego, Athena Pubco or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Each of Spartan, Allego and Athena Pubco expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based, except as required by law.
No Offer or Solicitation.
This communication is not a proxy statement or solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Spartan, Athena Pubco or Allego, nor shall there be any sale of any such 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 such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom.
Important Information About the Proposed Business Combination and Where to Find It.
In connection with the proposed business combination, a registration statement on Form F-4 was filed by Athena Pubco with the SEC on September 30, 2021, as amended on December 14, 2021, January 18, 2022 and February 1, 2022, and was declared effective on February 10, 2022. The Form F-4 includes a definitive proxy statement that has been mailed to holders of Spartan’s common stock in connection with Spartan’s solicitation for proxies for the vote by Spartan’s stockholders in connection with the proposed business combination and other matters as described in the Form F-4, as well as a prospectus of Athena Pubco relating to the offer of the securities to be issued in connection with the completion of the business combination. Spartan, Allego and Athena Pubco urge investors, stockholders and other interested persons to read the Form F-4, including the proxy statement/prospectus incorporated by reference therein, as well as other documents filed with the SEC in connection with the proposed business combination, as these materials contain important information about Allego, Spartan, and the proposed business combination. Such persons can also read Spartan’s final prospectus dated February 8, 2021 (SEC File No. 333-252866), for a description of the security holdings of Spartan’s officers and directors and their respective interests as security holders in the consummation of the proposed business combination. The definitive proxy statement/prospectus has been mailed to Spartan’s stockholders as of January 18, 2021. Stockholders will also be able to obtain copies of such documents, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to: Spartan Acquisition Corp. III, 9 West 57th Street, 43rd Floor, New York, NY 10019, or (212) 515-3200. These documents, once available, can also be obtained, without charge, at the SEC’s web site (http://www.sec.gov).
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Participants in the Solicitation.
Spartan, Allego, Athena Pubco and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Spartan’s stockholders in connection with the proposed business combination. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Spartan’s directors and executive officers in Spartan’s final prospectus dated February 8, 2021 (SEC File No. 333-252866), which was filed with the SEC on February 10, 2021. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Spartan’s stockholders in connection with the proposed business combination is set forth in the proxy statement/prospectus for the proposed business combination. Information concerning the interests of Spartan’s, Athena Pubco’s and Allego’s participants in the solicitation, which may, in some cases, be different than those of Spartan’s, Athena Pubco’s and Allego’s equity holders generally, is set forth in the proxy statement/prospectus relating to the proposed business combination.
For Allego
Investors
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Media
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For Meridiam
FTI Consulting
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For Spartan Acquisition Corp. III
Investors
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REC Supports United Salt’s Commitment to Significantly Reducing CO2 Emissions
ARLINGTON, Texas--(BUSINESS WIRE)--Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, advised and represented United Salt Hockley, LLC (“United Salt”) on a 100 percent renewable energy contract signed with TXU Energy to power its salt mine in Hockley, TX and corporate headquarters in Houston. United Salt is part of a family of companies with a long history of producing high quality salts used in a broad variety of applications. Their products are sold under the United Salt Corporation brands.
United Salt will secure certified renewable Texas wind and solar resources from TXU Energy to cover its energy usage. Over the life of the contract, approximately 25 million kilowatt hours of certified clean renewable energy will be supplied. This is equivalent to the reduction of approximately 10,000 metric tons in CO2 emissions or the annual electricity consumption of 1,900 homes, according to the Environmental Protection Agency (EPA).
Marcie Peters, President of United Salt Corporation said, “At United Salt Corporation, we’re proud to advance the protection of the earth’s natural resources. Sustainable business initiatives, like reducing our carbon footprint, will help us meet the needs of future generations. We’re delighted that products from the Hockley facility will be produced with renewable energy, and we are proud of their commitment to a cleaner environment.”
“When companies the size of United Salt transition to clean energy, it has a huge impact on not just the environment but the confidence the public has in the entire industry,” said John Bick, Chief Commercial Officer of Priority Power. “We are excited to continue to advise on sustainability solutions, because we know the positive ripple effects they have from both the corporate and ESG perspective.”
Gabe Castro, TXU Energy’s Senior Vice President of Business Markets, said, “We applaud United Salt for being trail-blazers in the salt production industry and taking this important step on behalf of the environment and their fellow Texans. We have no doubt this deal will be a building block for continued growth and success in both their sustainability initiatives and their overall business.”
About Priority Power
Priority Power is an independent energy solutions provider focused on energy infrastructure, energy transition program management, market intelligence operations, and energy structuring. Priority Power serves over 6,700 clients, totaling $2.7 billion in energy spend and 94 TWh of electricity managed across 31 states. The Company prioritizes energy efficiency and seeks to leverage its engineering, procurement, construction, and market expertise to aid in decarbonization of the industrial economy. For more information on Priority Power, please visit www.prioritypower.com.
About United Salt Corporation
United Salt Corporation is a privately-owned seller of salt products used in the production of food, chemical processing, oilfield drilling and production fluids, deicing, agricultural feed, and industrial and residential water softening. In business since 1928, the Company is based in Houston, Texas. Its salt products are produced at facilities located in Hockley and Baytown, Texas; Saltville, Virginia; and Carlsbad, New Mexico. For more information, visit www.unitedsalt.com.
About TXU Energy
More Texans trust TXU Energy to power their homes and businesses than any other electricity provider. They’re passionate about creating experiences and solutions tailored to fit the needs of their customers, including electricity plans, online tools to help save, renewable energy options and more. TXU Energy is also committed to cultivating a dynamic and enjoyable workplace where all our people can succeed. Visit www.txu.com for more. TXU Energy is a subsidiary of Vistra (NYSE: VST). REP #10004
Priority Power Contact:
Katherine Tappan
Investor Relations
501-951-5282
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United Salt Corporation Contact:
Laure Felix
Corporate Communications
713-828-0008
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TXU Energy Contact:
Jenny Lyon
214-875-8004
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OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) announced today that it will host a teleconference and webcast to discuss its fourth quarter and year end 2021 results beginning at 9:00 a.m. ET (8:00 a.m. CT) on Tuesday, March 1, 2022. Gulfport plans to issue a news release containing its fourth quarter and year end 2021 financial and operational results on Monday, February 28, 2022, after market close.
The conference call can be heard live through a link on the Gulfport website, www.gulfportenergy.com. In addition, you may participate in the conference call by dialing 866-373-3408 domestically or 412-902-1039 internationally. A replay of the conference call will be available on the Gulfport website and a telephone audio replay will be available from March 1, 2022 to March 15, 2022, by calling 877-660-6853 domestically or 201-612-7415 internationally and then entering the replay passcode 13726914.
About Gulfport
Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in Eastern Ohio targeting the Utica formation and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations.
Investor Contact
Jessica Antle – Director, Investor Relations
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405-252-4550
Media Contact
Reevemark
Hugh Burns / Paul Caminiti / Nicholas Leasure
212-433-4600
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