AUSTIN, Texas--(BUSINESS WIRE)--#carbonfootprint--Businesses are being held accountable for their environmental impact. Some companies have taken a proactive approach by announcing their plans to reach net zero, while others are considering more modest reductions to reduce operational expenditures. A few weeks ago, the Securities and Exchange Commission (SEC) issued a proposal requiring public companies to disclose climate risk and greenhouse gas (GHG) emissions data, prompting executives to examine their current energy usage.

The challenge? Business leaders don’t know where to begin.

“There’s a huge knowledge gap here,” says Rich McBee, President & CEO of CLEAResult, “and we’re uniquely qualified to not just fill it—but do it better and faster than any other business.”

CLEAResult is North America’s leading provider of energy efficiency solutions and recently became the Official Energy Efficiency Partner of the Boston Red Sox. They have worked primarily with utility companies to save homes and businesses money by reducing energy use for the past 20 years. Now, they’re expanding their expertise to work directly with forward-thinking business and community organizations like manufacturers, healthcare providers, schools, stadiums and more.

Rob Beckwith, CLEAResult’s VP of Carbon Consulting Business Development, noted, “Environmental, social and governance (ESG) issues have become increasingly important to investors, advisors and regulators in recent years. Over the past two decades, companies that have successfully embraced ESG performance into their corporate DNA have outperformed others in terms of stock price, overall management, and ‘peer perception’ within their respective industries.”

Leveraging two decades of experience, CLEAResult has developed practical solutions to measure and reduce businesses’ annual carbon emissions, with the ultimate goal of reaching net zero. In 2021 alone, they helped save people over $9 billion on their energy bills through efficiency upgrades and averted more than 22.8 million metric tons of CO₂ emissions from our environment.

CLEAResult’s Carbon Consulting services offer a comprehensive portfolio of energy and GHG emissions reduction solutions, rather than delivering limited scopes of work. Their energy experts begin by measuring an organization’s current GHG emissions and providing energy-efficient measures to reduce them. From there, they recommend ways to transition to renewable energy and purchase carbon credits to further decrease carbon footprints. This approach enables companies to bring CLEAResult in at any stage of the process and lean on them as a singular resource for measuring, planning, implementing and improving their reduction strategies.

“We keep things simple for our clients. All the technical and tedious work is handled in-house.” McBee continued. “Businesses are busy, we get that. But when we show them how much money they’ll save and the impact it will have on our environment, all of their employees get excited–not just the executives.”

CLEAResult is currently offering free consultations for companies looking to lower their energy costs and carbon emissions. Visit CLEAResult.com/carbon-consulting for more information.

About CLEAResult

CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet.

Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities and residential customers to reduce their energy use and carbon footprint.

CLEAResult is headquartered in Austin, Texas, and has over 2,400 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by TPG through its middle market and growth equity investment platform TPG Growth and its multi-sector global impact investing strategy The Rise Fund.

Explore all our energy solutions at clearesult.com.

Follow us on: Facebook | LinkedIn | Twitter | Instagram

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Amber Tester
Director Corporate Communications

Expanded decommissioning presence represents significant step for Helix’s Energy Transition business model

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) announced today that it has entered into a definitive agreement to acquire 100% of the equity interests of the Alliance group of companies ‎‎(collectively “Alliance”) for $120 million cash at closing, plus the potential for post-closing earnout consideration.

Alliance Overview

Alliance is a Louisiana-based privately held company that provides services in support of the upstream and midstream ‎industries in the Gulf of Mexico shelf, including offshore oil field decommissioning and ‎reclamation, project management, engineered solutions, intervention, maintenance, repair, heavy lift and commercial diving services.

Transaction Highlights

• Aligns with Helix’s Energy Transition business model, by expanding its decommissioning presence in the Gulf of Mexico shelf and advancing Helix’s ESG initiatives by responsibly supporting end-of-life requirements of oil and gas projects
• Augments Helix’s decommissioning and life-of-field maintenance service capabilities through the addition of Alliance’s comprehensive shallow water assets, including a fleet of Jones Act-compliant lift boats, offshore supply vessels, a heavy lift derrick barge and diving vessels, as well as plug and abandonment systems, coiled tubing systems and snubbing units
• Positions Helix to further penetrate the North America decommissioning market, with published reports forecasting nearly $3 billion of decommissioning expenditures between 2022 and 2025, and potential to expand into the global market
• Based on the assets being acquired, the parties’ assumptions and market conditions, and anticipating Alliance potential annual EBITDA¹ in excess of $30-40 million, the transaction is expected to add accretive free cash flow¹ and diversify Helix’s asset base and revenue stream, at an attractive valuation
• Preserves strong financial position and liquidity,¹ as Helix’s pro forma² cash, liquidity and net debt¹ would approximate $145 million, $186 million and $119 million, respectively
• Enhances financial performance outlook, with expected continued improvements in free cash flow resulting in expected strong liquidity and leverage position

Management Commentary

“Based on a number of market and regulatory drivers and our current expectations, we fully believe that the offshore oil and gas decommissioning market will grow significantly in the near term,” said Owen Kratz, Helix’s President and Chief Executive Officer. “This acquisition complements Helix’s present deepwater abandonment offerings by adding shelf and facility abandonment capabilities, and significantly enhances our position as a full-field abandonment services provider, both in the Gulf of Mexico and globally. We also see possibilities to expand our opportunities within our existing late-life production business. We are thrilled at the prospect of adding Alliance to the Helix family, and we believe this acquisition is a meaningful step in Helix’s responsible participation in this age of Energy Transition.”

“This transaction represents the culmination of many years of hard work, as we have grown Alliance from the ground up,” commented Steve Williams, owner of Alliance. “Our recent successes in acquiring and developing businesses and assets to establish Alliance as an offshore shallow water energy services company has led us to Helix, who we see as the industry standard in deepwater energy services. We are excited for the potential combination of Helix and Alliance and the value proposition we can bring to our customers.”

Transaction Details

The purchase price is equal to $120 million of cash at closing, plus the potential for post-closing earnout consideration payable in 2024, in the event the Alliance business achieves certain financial metrics in 2022 and 2023. Helix has the option to pay any earnout consideration in cash, Helix stock, or a combination thereof. The agreement contains customary terms and conditions, including representations, warranties and covenants including buyer-side protections.

The acquisition is expected to close mid-2022 and is subject to regulatory approvals and other customary conditions. There is no guarantee that the transaction will be consummated on the terms or timeframe ‎currently contemplated, or at all.

About Helix

Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. For more information about Helix, please visit www.helixesg.com.

Non-GAAP Financial Measures

¹ This press release makes reference to EBITDA, free cash flow, liquidity and net debt, which are non-GAAP financial measures. EBITDA is defined as earnings before income taxes, net interest expense, gain or loss on extinguishment of long-term debt, net other income or expense, and depreciation and amortization expense. Free cash flow is defined as cash flows from operating activities less capital expenditures, net of proceeds from sale of assets. Liquidity is calculated as the sum of cash and cash equivalents and available capacity under Helix’s $80 million ABL facility and excludes restricted cash. Net debt is calculated as long-term debt including current maturities of long-term debt less cash and cash equivalents and restricted cash.

² Pro forma amounts represent March 31, 2022 balances, adjusted for payment of the transaction purchase price with cash on hand, previously scheduled repayment of debt, and the release of cash collateral on a temporary importation bond.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties and assumptions that could cause results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, any statements regarding the proposed transaction, the COVID-19 pandemic and oil price volatility and their respective effects and results, protocols and plans, current work continuing, the spot market, spending and cost reduction plans and the ability to manage changes; strategy; any statements regarding visibility and future utilization; any projections of financial items; any statements regarding future operations expenditures; any statements regarding plans, strategies and objectives for future operations; any statements regarding the ability to enter into, renew and/or perform commercial contracts; any statements concerning developments; any statements regarding environmental, social and governance (“ESG”) initiatives; any statements regarding future economic conditions or performance; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors that could cause results to differ materially from those in the forward-looking statements, including but not limited to the results and effects of the COVID-19 pandemic and actions by governments, customers, suppliers and partners with respect thereto; market conditions; results from acquired properties; demand for services; the performance of contracts by suppliers, customers and partners; actions by governmental and regulatory authorities; operating hazards and delays, which include delays in delivery, chartering or customer acceptance of assets or terms of their acceptance; the ability to secure and realize backlog; the effectiveness of ESG initiatives and disclosures; human capital management issues; complexities of global political and economic developments; geologic risks; volatility of oil and gas prices and other risks described from time to time in reports filed with the Securities and Exchange Commission ("SEC"), including those most recently filed Annual Report on Form 10-K and in other filings with the SEC, which are available free of charge on the SEC's website at www.sec.gov. The parties assume no obligation and do not intend to update these forward-looking statements, which speak only as of their respective dates, except as required by law.

Erik Staffeldt
Executive Vice President & CFO
281-618-0465
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HOUSTON--(BUSINESS WIRE)--Quorum Software (Quorum), the global software leader dedicated to the energy industry, will exhibit its market-leading, cloud solutions including Energy Components, Planning Space, and FLOWCAL at the Australian Petroleum Production & Exploration Association (APPEA) 2022 Conference and Exhibition.

Through May 19, APPEA attendees can meet with Quorum’s experts at booth #54 in the Brisbane Convention & Exhibition Centre to learn more about Energy Components, the company’s end-to-end solution for hydrocarbon management, and experience a live demonstration of their complete portfolio of integrated planning, economics, and reserves, featuring Planning Space and its companion applications Val Nav, Previso, and Enersight. The company is also showcasing FLOWCAL, the industry-leading measurement software designed to consolidate, validate, correct, balance, and report meter data for gas and liquids.

“We are thrilled to attend our first APPEA Conference at a time when Australia and other markets are increasing focus on import and export terminals to supply the world’s energy,” said Paul Langenbahn, President of Quorum Software.

“We look forward to sharing our solutions, which represent the deepest and widest application suite across the energy value chain worldwide,” said Justin Curle, Director, Australia & New Zealand of Quorum Software. “We are excited to join conversations about the latest industry trends and innovations and forging stronger bonds with market leaders from across the entire spectrum of oil and gas.”

More than 1,800 customers globally rely on Quorum’s portfolio of energy solutions to streamline key business functions and drive efficiency across the energy value chain.

About Quorum Software
Quorum Software is the largest fully dedicated energy industry software provider in the world, serving more than 1,800 customers across the entire energy value chain in 55 countries. Quorum’s solutions power growth and profitability for energy businesses by connecting people, workflows, and systems with decision-ready data. Twenty years ago, we delivered the industry’s first software for gas plant accountants, and today our solutions streamline business operations with industry forward data standards and integrations. The global energy industry trusts Quorum’s experts and applications to successfully navigate the energy transition while delivering value today and into the future. For more information, visit quorumsoftware.com.

About APPEA
The APPEA 2022 Conference and Exhibition was established more than 59 years ago and is widely recognized as the premier oil and gas event in the southern hemisphere. It’s where the energy sector comes together to talk about the latest research, innovations, and key challenges. The event hosts more than 120 exhibiting countries, with key representatives from government bodies, energy consultancy groups, global industry associations, oil, and gas producers and more.

To learn more about Quorum’s software solutions, visit quorumsoftware.com.

To learn more about APPEA, visit www.appeaconference.com.au.

Media:
Lauren Force
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617 502 4366

VANCOUVER, British Columbia--(BUSINESS WIRE)--EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN) (OTCQB: EVGIF), announces that it has filed with the TSX Venture Exchange (“TSXV”) a Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”), which will allow EverGen to purchase issued and outstanding common shares of EverGen (“Common Shares”) through the facilities of the TSXV during a 12 month period, commencing on May 23, 2022 and ending on May 23, 2023, or on such earlier date as EverGen may complete its purchases pursuant to the NCIB or as it may otherwise determine. The implementation of the NCIB remains subject to the approval of the TSXV.

The Company plans to implement the NCIB because it believes that, from time to time, the market price of the Common Shares may not fully reflect the underlying value of the Company's business and its future prospects. Accordingly, the Company believes that having the ability to purchase the Common Shares using cash flow will be in the interest of the Company and represents an opportunity to enhance shareholder value. No previous purchases of Common Shares by EverGen pursuant to an NCIB have been completed.

Under the NCIB, if approved by the TSXV, EverGen may acquire up to an aggregate of 668,370 Common Shares over the 12 month period, representing approximately 5% of the 13,367,392 issued and outstanding Common Shares as of May 15, 2022. Additionally, under the NCIB, EverGen may not acquire more than 2% of the issued and outstanding Common Shares in any 30 day period.

Purchases subject to this NCIB will be carried out pursuant to open market transactions through the facilities of the TSXV by Clarus Securities Inc., a Member as defined by the TSXV and its policies, on behalf of EverGen at the prevailing market price of the Common Shares at the time of purchase. All Common Shares purchased by EverGen under the NCIB will be returned to treasury and cancelled.

About EverGen Infrastructure Corp.

EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future, headquartered on the West Coast. EverGen is an established independent renewable energy producer which acquires, develops, builds, owns and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond.

For more information about EverGen Infrastructure Corp. and our projects, please visit www.evergeninfra.com.

Cautionary Statements Regarding Forward Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes”, and or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the approval of the NCIB by the TSXV and EverGen’s intention to purchase Common Shares pursuant to the NCIB. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder, court or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, EverGen assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

EverGen Investor Contact
Kelly Castledine
416-576-8158
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EverGen Media Contact
Katie Reiach
604.614.5283
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Two of the leading global Fleet Management and Maintenance platforms have integrated to improve the sustainability of fleets across the world.

CHARLOTTE, N.C.--(BUSINESS WIRE)--#partnership--Samsara is the pioneer of the Connected Operations Cloud, which enables businesses to harness IoT (Internet of Things) data from vehicles, equipment, and warehouses to develop actionable insights and improve operations. Samsara serves over 20,000 customers, providing visibility into their entire operations and improving safety, efficiency, and sustainability as a result.

Samsara’s partner ecosystem and software integrations are enabled by its open APIs. With thousands of organizations leveraging 155+ API integrations on its App Marketplace, Samsara collects trillions of data points annually and surfaces those insights within a single platform.

Whip Around is a powerful, yet easy-to-use fleet maintenance software solution that connects drivers, mechanics and fleet operators to improve the uptime across their fleet operations. Whip Around operates in North America and Australasia and serves hundreds of thousands of users and assets worldwide across all commercial fleet industry verticals.

When the two systems are connected, odometer and engine hour readings are automatically pulled into Whip Around from Samsara. This way, customers never miss preventative maintenance schedules to ensure reduced downtime and improved fuel efficiency.

It takes fleets from a reactive costly process to a proactive approach, saving them thousands of dollars each year on each vehicle and asset in their operation.

Drivers have the ability to submit defects from both the Samsara and/or Whip Around apps via the Samsara Driver App making for a seamless and efficient driver experience. DTC Fault Codes, Inspection Defects and Servicing can be grouped into Work Orders in Whip Around, and bulk assigned to mechanics to ensure efficiency and real-time tracked workflows. As a result, fleets are kept moving in a sustainable manner.

Elizabeth Santorelly, VP of Product for Whip Around said, “Combining Samsara’s powerful IoT data with Whip Around’s comprehensive fleet maintenance workflows seamlessly to diagnose issues and be proactive with regular service intervals, will provide our mutual customers with improvements to their overall fleet operating performance leading to reduced emissions and cost savings.”

“We’re excited to add Whip Around as our latest partner integration on the Samsara App Marketplace,” said Chris Mozzocchi, Sr. Director of Product Management, Ecosystem Integrations at Samsara. “Proactive fleet maintenance not only improves road safety but also reduces the environmental and economic impact of fleet vehicles. With this Whip Around integration, maintenance workflows are streamlined so customers can operate more efficiently and reduce associated costs.”

As both companies look to help their customers improve operational efficiency and fleet sustainability, this partnership offers unparalleled levels of connectedness and responsiveness - and it would appear it’s already delivering for customers who have utilized the integration.

A number of mutual customers have already seen value in the integration, like Scott Ireland from Sail Energy who manages 132 vehicles and equipment across the northeastern states. They use the combination of Samsara and Whip Around to control their fuel costs by reducing excessive idling time and deploying preventative fleet maintenance measures to improve fuel efficiency of vehicle powerplants.

“I get the idling time, telemetry and fault codes from Samsara and provide information to our 3rd party maintenance vendors through reports in Whip Around. This expedites preventative maintenance which helps manage downtime of our vehicles,” Scott says. “The ability to always know which vehicles are in repair and which are driving unsafely on the road makes this possible for me. This has a direct positive effect on reducing costs of our fleets, improving service to our customers through reduced breakdowns, improving vehicle economy, and most importantly, giving our drivers safe vehicles to work with.”

About Samsara

Samsara is the pioneer of the Connected Operations Cloud, which allows businesses that depend on physical operations to harness IoT (Internet of Things) data to develop actionable business insights and improve their operations. Samsara operates in North America and Europe and serves tens of thousands of customers across a wide range of industries including transportation, wholesale and retail trade, construction, field services, logistics, utilities and energy, government, healthcare and education, manufacturing, and food and beverage. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.

About Whip Around

Whip Around is a powerful, yet easy-to-use fleet maintenance software solution that connects drivers, mechanics and fleet operators to improve the uptime across their fleet operations. Whip Around operates in North America and Australasia and serves hundreds of thousands of users and assets worldwide across all commercial fleet industry verticals. The company’s mission is to keep the world’s fleets moving by accelerating information.

Lauren Yeoman
704.412.3986
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SAN DIEGO--(BUSINESS WIRE)--$DFCO #BrianBonar--Dalrada Corporation (OTCQB: DFCO, "Dalrada") announced today that United States General Services Administration (GSA) and the Department of Energy (DOE) have chosen the Company’s Likido^®ONE heat pump to help reduce greenhouse emissions from commercial buildings through high performance, low-carbon solutions set forth by the Green Proving Ground (GPG) program. Likido^®ONE will now be evaluated under dynamic, real-world conditions in federally or privately-owned commercial buildings.

“Programs like the GPG highlight the growing need for bold energy solutions and accelerate the adoption of clean technologies,” said Jose Arrieta, Director of Emerging Technologies on the Dalrada Board of Directors, and former Chief Information Officer and Interim Chief Data Officer of the Department of Health and Human Services. According to Arrieta, “distributed energy resources (DERs), like the Likido^®ONE heat pump, will help tackle the climate crisis by cutting costs, improving public health, and significantly reducing emissions.”

The DOE has publicly stated that its top priority is addressing climate change. Joining forces with the GSA in a concerted effort to decarbonize heat, the GPG program calls for technologies that use next-generation, low or no GWP refrigerants.

Dalrada’s flagship product, Likido^®ONE, is a combustion-free, CO₂-based heat pump that:

• Decarbonizes heating (a key component to achieving Net Zero)
• Increases heating and cooling efficiency by capturing and reusing thermal energy
• Uses carbon dioxide (CO₂) low GWP refrigerant
• Operates in a wide range of temperatures from -22°F to 250°F

The GSA is the largest public real estate organization in the United States, with a portfolio of more than 8,800 assets, including more than 500 historic properties, and manages almost 370 million square feet of rentable workspace for more than a million federal employees. The GPG program ultimately leverages the GSA's real estate portfolio to evaluate innovative building technologies and implement de-carbonization solutions where applicable.

Brian Bonar, Dalrada's Chairman and CEO, states, "We’re honored to be recognized by the GSA and DOE as a green energy innovator. The Green Proving Ground program is the perfect platform to showcase how the de-carbonization capabilities of the Likido^®ONE heat pump can potentially drive down operational costs in buildings and help lead market transformation through the deployment of bold, new technologies."

Likido^®ONE heat pumps are an alternative to traditional greenhouse gas-producing water heaters (boilers) that rely heavily on fossil fuels. The Company's clean energy innovations enable institutions, industries, and businesses to implement long-term Net-Zero environmental, sustainability, and governance (ESG) initiatives by or before 2050.

About Dalrada

Dalrada Corporation drives innovation that positively impacts people, businesses, and the planet. With subsidiaries that are firmly positioned in the world's top three-growing industries of healthcare, clean energy, and technology, Dalrada creates solutions that are sustainable, affordable, and accessible.

The company works continually to produce disruptive products and services that accelerate positive change for current and future generations. Dalrada's global solutions directly address climate change, post-pandemic gaps in the healthcare industry, and technology solutions for a new era of human behavior and interaction, ensuring a bright future for the world around us.

Established in 1982, Dalrada has since grown its footprint to include the unique business divisions: Dalrada Health, Dalrada Precision, and Dalrada Technologies. Please visit www.dalrada.com and follow us on Twitter, Facebook, and LinkedIn for more information.

Disclaimer

Statements in this press release that are not historical facts, the statements are forward-looking, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors and will be dependent upon a variety of factors including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations regarding these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the US Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.

Denise Mahaffey
858.283.1253
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DUBLIN--(BUSINESS WIRE)--The "Middle East Oil and Gas Projects Analysis and Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The Middle East is expected to witness 598 projects to commence operations during the period 2022-2026. Out of these, upstream projects would be 79, midstream would be 140, refinery at 89 and petrochemicals would the highest with 290 projects respectively.

Report Scope:

• Updated information on oil and gas, planned and announced projects in the Middle East with start years up to 2026
• Provides projects breakdown by sector, project type, and project stage at regional and country level
• Provides key details such as project development stage, capacity, and project cost for planned and announced projects in the Middle East, wherever available
• Provides EPC contractor, design/FEED contractor, and other contractor details for oil and gas projects, wherever available

Key benefits:

• Obtain the most up to date information available on planned and announced projects in Middle East across the oil and gas value chain
• Identify growth segments and opportunities in the Middle East oil and gas industry
• Facilitate decision making based on strong oil and gas projects data
• Assess key projects data of your competitors and peers

Key Topics Covered:

• Oil and Gas Projects Outlook in Middle East
• Oil and Gas Projects Outlook in Iran
• Oil and Gas Projects Outlook in Saudi Arabia
• Oil and Gas Projects Outlook in United Arab Emirates
• Oil and Gas Projects Outlook in Iraq
• Oil and Gas Projects Outlook in Turkey
• Oil and Gas Projects Outlook in Oman
• Oil and Gas Projects Outlook in Israel
• Oil and Gas Projects Outlook in Qatar
• Oil and Gas Projects Outlook in Bahrain
• Oil and Gas Projects Outlook in Jordan
• Oil and Gas Projects Outlook in Kuwait
• Oil and Gas Projects Outlook in Lebanon
• Oil and Gas Projects Outlook in Syria

For more information about this report visit https://www.researchandmarkets.com/r/r2siu1

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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The new nickel-zinc generator starting solution offers best in class power, reliability, and service life for mission-critical back up and industrial applications.

PORTLAND, Ore. & LONGMONT, Colo.--(BUSINESS WIRE)--ZincFive^®, the world leader in nickel-zinc battery-based solutions for immediate power applications, and Stored Energy Systems (SENS), the leader in battery charging solutions for industrial gensets, announced a new generator starter solution featuring ZincFive’s transformational, safe, and sustainable nickel-zinc batteries.

Generators are essential for mission-critical backup applications. SENS has partnered with ZincFive to offer an innovative plug-and-play generator starter solution as a drop-in replacement option for existing field installations and new OEM generators. ZincFive’s safe and power-dense nickel-zinc battery offers unparalleled power delivery, a smaller footprint, higher reliability, lower cost, and significant sustainability advantages compared to other battery chemistries.

“We couldn’t be more excited about this partnership with ZincFive,” said Olen Scott, Chief Revenue Officer for SENS. “SENS has been supplying battery chargers to the generator market for over 50 years, and we haven’t seen a battery that comes close to ZincFive’s in terms of the amount of starting power in such a small, lightweight, green, and robust package. ZincFive’s battery is fully recyclable, made wholly from non-toxic materials, and has a much lower carbon footprint than existing technologies, further supporting our customers in their own ESG initiatives. It comes as no surprise that the response from our customer community to a greener, entirely maintenance-free engine starting module that is backed up by a full 10-year replacement warranty has been extraordinary.”

“As we continue our rapid expansion into various high-power applications – such as data center UPS – engine starting is a natural fit for the defining attributes of our battery,” said Tim Hysell, Co-founder and CEO of ZincFive. “SENS is a trusted leader in this segment and has been a great partner throughout the product development and testing phases of our collaboration. We have no doubt that this partnership will make nickel-zinc the preferred battery technology for generator starting.”

About ZincFive, Inc.

ZincFive is the world leader in innovation and delivery of nickel-zinc batteries and power solutions. With more than 90 patents awarded, ZincFive technology harnesses The Power of Good Chemistry to propel the world forward. ZincFive technology leverages the safety and sustainability of nickel-zinc chemistry to provide high power density and performance to mission critical applications. ZincFive is a privately held company based in Tualatin, Oregon. For more information, visit www.zincfive.com.

ZincFive is a registered trademark and the ZincFive logo and The Power of Good Chemistry are trademarks of ZincFive, Inc.

About SENS

SENS is the market leader in non-stop DC power systems, mission-critical filtered chargers, and engine start chargers. SENS meticulous design and quality control delivers charger reliability as close to “bulletproof” as is technically possible. For SENS users these dual reliability advantages mean lowest risk of costly downtime. For more information, visit https://sens-usa.com.

Media: Carlos Villacis, Antenna for ZincFive, This email address is being protected from spambots. You need JavaScript enabled to view it.

Li-Cycle’s third operational Spoke facility in North America commences operations, with capacity to process up to 10,000 tonnes of manufacturing scrap and end-of-life batteries per year

Arizona Spoke is the first to utilize Li-Cycle’s proprietary technology to directly process full EV battery packs

Facility can process equivalent of batteries required for approximately 20,000 EVs per annum

TORONTO--(BUSINESS WIRE)--Li-Cycle Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that its previously announced Arizona Spoke facility located in Gilbert, Arizona has commenced commercial operations.

Arizona presents a significant opportunity for lithium-ion battery recycling due to the emerging electric vehicle (EV) supply chain in the region, as well as its close proximity to large markets such as California, which are expected to produce an increasing supply of end-of-life batteries available for recycling from EVs, energy storage projects and consumer electronics.

Li-Cycle’s Arizona Spoke facility is the first-of-its-kind, utilizing proprietary technology that processes full EV battery packs without dismantling them manually, making recycling of those battery packs safer, sustainable and more labor efficient. The facility is strategically located close to the Company’s existing battery and manufacturing scrap supply network in the Southwestern United States, which optimizes logistics and other efficiencies for recycling services.

“The launch of Li-Cycle’s innovative battery recycling facility bolsters Arizona’s already robust EV supply chain and sends a signal that Arizona is the place to be for electric batteries,” said Arizona Governor Doug Ducey. “Sustainable industries have found a home in Arizona, and few companies represent the innovation and possibilities that brings like Li-Cycle. We are proud to see Li-Cycle’s facility up and operational.”

“We are excited Li-Cycle’s innovative battery recycling facility has commenced operations,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “Li-Cycle’s Arizona Spoke will increase EV battery recycling capabilities, strengthening Arizona’s battery and electric vehicle supply chains while creating quality jobs in the community.”

“We are pleased to announce that our Arizona Spoke is operational,” said Richard Storrie, Regional President, Americas of Li-Cycle. “This new state-of-the-art facility enhances our ability to serve the recycling needs of our customers, while significantly increasing our operational recycling capacity. We’re also creating an additional domestic source of critical metals to be transformed and supply lithium-ion battery production.”

Li-Cycle held a Grand Opening Event earlier in May 2022 at the 140,000-square-foot facility as it made its official debut. At the event, Li-Cycle was joined by its customers, local government officials, and others connected to the Gilbert community and surrounding area in celebration of a momentous occasion for Li-Cycle and the region’s lithium-ion battery supply chain.

Li-Cycle’s Alabama Spoke, which is of the same design as the Arizona Spoke, is scheduled to be operational in the Company’s third quarter of 2022. When both the Arizona and Alabama Spokes are operational, Li-Cycle will have a total processing capacity of 30,000 tonnes per annum. By the end of 2023, the Company expects to have a total of 65,000 tonnes of lithium-ion battery processing capacity per annum, across its Spokes in North America and Europe.

The primary output product of the Arizona Spoke is black mass, consisting of a number of highly valuable critical metals, including lithium, cobalt and nickel, which Li-Cycle will convert into battery-grade materials at its first North American Hub facility, which is under construction in Rochester, New York. Li-Cycle expects that the Hub will be capable of processing 35,000 tonnes of black mass annually, with targeted commissioning in 2023.

About Li-Cycle Holdings Corp.

Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.

Forward-Looking Statements

Certain statements contained in this communication may be considered “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, Section 21 of the U.S. Securities Exchange Act of 1934, as amended, and applicable Canadian securities laws. Forward-looking statements may generally be identified by the use of words such as “will”, “continue”, “anticipate”, “expect”, “estimate”, “potential”, “future”, “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. Forward-looking statements in this press release include, for example, statements about the expected performance of the Arizona Spoke, the expected increasing supply of end-of-life batteries available for recycling from EVs, energy storage products and computer electronics; the growing global market demand for lithium-ion batteries and their raw material; the future financial performance of Li-Cycle; the expected date of commencement of operations of the Alabama Spoke; the expected processing capacity of the Arizona and Alabama Spokes; the expected total processing capacity of the Company across its Spokes in North America and Europe by the end of 2023; and the expected annual processing capacity of the Rochester Hub and its targeted commissioning date. These statements are based on various assumptions, whether or not identified in this communication, which Li-Cycle believe are reasonable in the circumstances. There can be no assurance that such estimates or assumptions will prove to be correct and, as a result, actual results or events may differ materially from expectations expressed in or implied by the forward-looking statements.

These forward-looking statements are provided for the purpose of assisting readers in understanding certain key elements of Li-Cycle’s current objectives, goals, targets, strategic priorities, expectations and plans, and in obtaining a better understanding of Li-Cycle’s business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes and is 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.

Forward-looking statements involve inherent risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Li-Cycle, and are not guarantees of future performance. Li-Cycle believes that these risks and uncertainties include, but are not limited to, the following: Li-Cycle’s inability to economically and efficiently source, recover and recycle lithium-ion batteries and lithium-ion battery manufacturing scrap, as well as third party black mass, and to meet the market demand for an environmentally sound, closed-loop solution for manufacturing waste and end-of-life lithium-ion batteries; Li-Cycle’s inability to successfully implement its global growth strategy, on a timely basis or at all; Li-Cycle’s inability to manage future global growth effectively; Li-Cycle’s inability to develop the Rochester Hub and its Spoke capital projects in a timely manner or on budget, or that those capital projects will not meet expectations with respect to their productivity or the specifications of their end products; Li-Cycle’s failure to materially increase recycling capacity and efficiency; Li-Cycle may engage in strategic transactions, including acquisitions, that could disrupt its business, cause dilution to its shareholders, reduce its financial resources, result in incurrence of debt, or prove not to be successful; risks related to international expansion; one or more of Li-Cycle’s current or future facilities becoming inoperative, capacity constrained or if its operations are disrupted; additional funds required to meet Li-Cycle’s capital requirements in the future not being available to Li-Cycle on commercially reasonable terms or at all when it needs them; Li-Cycle expects to incur significant expenses and may not achieve or sustain profitability; problems with the handling of lithium-ion battery cells that result in less usage of lithium-ion batteries or affect Li-Cycle’s operations; Li-Cycle’s inability to maintain and increase feedstock supply commitments as well as securing new customers and off-take agreements; a decline in the adoption rate of EVs, or a decline in the support by governments for “green” energy technologies; decreases in benchmark prices for the metals contained in Li-Cycle’s products; changes in the volume or composition of feedstock materials processed at Li-Cycle’s facilities; the development of an alternative chemical make-up of lithium-ion batteries or battery alternatives; Li-Cycle’s revenues for the Rochester Hub are derived significantly from a single customer; Li-Cycle’s insurance may not cover all liabilities and damages; Li-Cycle’s heavy reliance on the experience and expertise of its management; Li-Cycle’s reliance on third-party consultants for its regulatory compliance; Li-Cycle’s inability to complete its recycling processes as quickly as customers may require; Li-Cycle being subject to the risk of litigation or regulatory proceedings; Li-Cycle’s inability to compete successfully; increases in income tax rates, changes in income tax laws or disagreements with tax authorities; significant variance in Li-Cycle’s operating and financial results from period to period due to fluctuations in its operating costs and other factors; fluctuations in foreign currency exchange rates which could result in declines in reported sales and net earnings; unfavourable economic conditions, such as consequences of the global COVID-19 pandemic; natural disasters, unusually adverse weather, epidemic or pandemic outbreaks, cyber incidents, boycotts and geo-political events; failure to protect or enforce Li-Cycle’s intellectual property; Li-Cycle may be subject to intellectual property rights claims by third parties; Li-Cycle’s failure to effectively remediate the material weaknesses in its internal control over financial reporting that it has identified or if it fails to develop and maintain a proper and effective internal control over financial reporting. These and other risks and uncertainties related to Li-Cycle’s business are described in greater detail in the section entitled "Risk Factors" in its Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission and the Ontario Securities Commission in Canada on January 31, 2022. Because of these risks, uncertainties and assumptions, readers should not place undue reliance on these forward-looking statements. Actual results could differ materially from those contained in any forward-looking statement.

Investor Relations
Nahla A. Azmy
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Press
Kunal Phalpher
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LOS ANGELES--(BUSINESS WIRE)--#KernelFlow--AppliedVR, a pioneer in immersive digital therapeutics, and Kernel, a leader in non-invasive neuroimaging, announced a joint randomized study comparing the effect of AppliedVR’s FDA-authorized, VR-based program, RelieVRx, versus a control (VR program not designed to treat pain) on the brains of patients with chronic pain. The study will use Kernel FlowVR—a compact, affordable, TD-fNIRS brain measurement headset customized for use in VR—to investigate brain biomarkers associated with RelieVRx.

AppliedVR’s RelieVRx is a prescription-use medical device which uses VR content to deliver a suite of pain-management interventions rooted in biopsychosocial pain education, diaphragmatic breath training, cognitive behavioral therapy, relaxation-response training, mindfulness and more. Kernel Flow’s ability to measure brain-activity changes before, during, and after VR use will enable high-quality objective data.

This study will examine the effect of the AppliedVR software modules and the 8-week training program on chronic pain patients through the measurement of heart-rate, respiration-rate, and brain activity patterns using the Kernel Flow device. The study will enroll 20 patients with chronic lower-back pain randomized into treatment and control groups, who will undergo a pre- and post-intervention brain measurement protocol with Kernel Flow. The goal is to evaluate quantifiable differences in measured brain activity for the RelieVRx group versus the control group, and collect biodata to better understand how VR engages the brain.

In the U.S., approximately 12% of all adults experience chronic lower-back pain⁽¹⁾. A 2020 study in the Journal of American Medical Association found that costs associated with lower-back and neck injury topped $134B, making it the highest-cost category of health spending in the country.

“Kernel Flow allows for a safe, natural, and comfortable brain-imaging experience. Our partnership with AppliedVR is an exciting opportunity to use Kernel Flow’s revolutionary technology to illuminate and unlock insight on specific biomarkers related to chronic pain, one of the most debilitating and costly medical conditions in our healthcare system. These biomarker-based insights may someday be used to evaluate the effectiveness of treatments and personalize them to individuals,” said Kernel CEO and founder Bryan Johnson.

“AppliedVR is committed to being the most evidence-based immersive therapeutics provider in the world, which means we are constantly looking for smarter, more in-depth ways to not only demonstrate that the RelieVRx system delivers durable pain relief, but also to understand how it works on the brain,” said Josh Sackman, cofounder and president of AppliedVR. “As an industry leader, Kernel’s FlowVR technology was the right partner for us to begin to better understand how VR affects the brain’s responses to pain, and we look forward to continuing our research.”

About AppliedVR
AppliedVR is pioneering evidence-based, immersive VRx — a new category of prescription digital therapeutics — that includes RelieVRx, the first virtual reality-based treatment for chronic lower back pain to be granted a FDA De Novo request as a Class II medical device. Backed by an unparalleled body of evidence, AppliedVR's mission is to solve pain through immersive therapeutics with the ultimate goal of a virtual reality pharmacy in every home. By developing the infrastructure and partnerships necessary to transform the pain treatment paradigm, AppliedVR empowers patients to live life — beyond chronic pain. Trusted by more than 200 of the world's leading health systems and thousands of healthcare professionals globally, AppliedVR's immersive therapeutics have been used by approximately 60,000 patients to date in pain management and wellness programs. For more information, visit www.appliedvr.io.

About Kernel Flow
Kernel Flow is a wearable headset that measures brain activity by recording local changes in blood oxygenation. It is adjustable, can accommodate nearly anyone and is safe. Kernel Flow is a groundbreaking neurotechnology because it reduces loud, expensive, and room-sized equipment to a head-worn apparatus while providing neural activity data of the highest possible optical quality. This combination has never existed in such a commercial and scalable device, all factors for why brain interfaces and neuroimaging technology has largely remained in academic labs or hospital basements. The entire system is portable and, in the future, will be more broadly used for neuroscientific or physiological studies of brain activity during treatment.

¹ https://onlinelibrary.wiley.com/doi/abs/10.1002/art.34347

Sam Moore
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Kimberly Ha
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MELBOURNE, Australia--(BUSINESS WIRE)--Hansen Technologies (ASX:HSN) is pleased to announce the expansion of its partnership with Gasum. As part of the agreement, Gasum, one of the largest energy market service providers in the Nordic region, will further extend its use of Hansen Trade to new trading solutions. The agreement builds on the encouraging benefits accrued from intraday and day-ahead trading, as well as regulating power market operations, with Hansen Trade.

The new agreement will add the Intraday Trading for Asset Optimisation module, as well as the FCR + FFR module and the Market Transaction Monitoring module to the current Hansen Trade capabilities operated by Gasum – thereby allowing Gasum to leverage best-of-breed automated systems to produce beneficial outcomes, implementing zero-touch automation to replace costly, manual interventions, minimising risks in the real-time intraday market, and optimising trading operations in the Day-ahead and Intraday markets.

Jouni Liimatta, Head of Trading, Gasum Ltd, commented: “With a successful relationship already in place with Hansen, it was an easy decision for us to further expand the existing scope to encompass new trading solutions. Today’s volatile power markets require market participants to be able to operate in all marketplaces, and to capitalise on all value opportunities. With Hansen Trade, we can automate our trading business processes more and provide new value-additive services to our customers. Wholesale power markets are changing fast and it is imperative that we help our customers succeed in this changing business environment.”

John May, Divisional President, Energy and Utilities, Hansen Technologies, commented: “Our new agreement with Gasum is another resounding reminder of the success that Hansen Trade continues to see with several leading energy market players in the Nordic region, as well as its versatile modular approach that allows our valued customers to tackle a variety of market complexities. Against the backdrop of an ever-changing landscape and the wider transition to greener sources of energy, Hansen Trade will enable Gasum to automate critical business operations with a modern and robust cloud-native trading solution.”

Run as a cloud-based SaaS solution, Hansen Trade fully meets the flexibility and scalability demands of the evolving energy trading market.

For further information about Hansen Technologies, please visit www.hansencx.com.

About Hansen Technologies

Hansen Technologies (ASX: HSN) is a leading global provider of software and services to the energy, water and communications industries. With its award-winning software portfolio, Hansen serves 600+ customers in over 80 countries, helping them to create, sell, and deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com

About Gasum

Gasum is a Nordic gas sector and energy market expert. Gasum offers cleaner energy and expert energy market services for industry, and for combined heat and power production as well as cleaner fuel solutions for road and maritime transport. The company helps its customers reduce their own carbon footprint as well as that of their end-customers. Together with its partners, Gasum promotes development towards a carbon-neutral future on land and at sea.
For more information, visit www.gasum.com

Adnan Bashir
Senior Manager, Global Corporate Communications
Hansen Technologies
+1 647-204-0999

Low-cost tieback expected to add up to 75,000 barrels per day of oil production

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today it has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform.

“Chevron’s U.S. Gulf of Mexico production is some of the lowest carbon intensity production in our portfolio at around 6 kg CO2 equivalent per barrel of oil equivalent and is a fraction of the global industry average,” said Steve Green, president of Chevron North America Exploration and Production. “Once complete, Ballymore is expected to add a reliable supply of U.S.-produced energy to help meet global demand. The project is designed to lower development costs by using a subsea tieback approach, standardized equipment and repeatable engineering solutions – leveraging existing operated infrastructure.”

Ballymore will be Chevron’s first development in the Norphlet trend of the U.S. gulf. The project will be in the Mississippi Canyon area in around 6,600 feet (2,000 m) of water, about 160 miles (260 km) southeast of New Orleans. Potentially recoverable oil-equivalent resources for Ballymore are estimated at more than 150 million barrels.

The project, which involves three production wells tied back via one flowline to the nearby Blind Faith facility, will require an investment of approximately $1.6 billion. Oil and natural gas production will be transported via existing infrastructure. First oil is expected in 2025.

Chevron subsidiary Chevron U.S.A. Inc. is the operator of the Ballymore project with a 60 percent working interest. Co-owner TotalEnergies E&P USA, Inc. has a 40 percent interest.

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and seeking to grow lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements relating to Chevron’s operations and energy transition plans that are based on management’s current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic, market and political conditions, including the military conflict between Russia and Ukraine and the global response to such conflict; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to implement capital allocation strategies, including future stock repurchase programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 25 of the company's 2021 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.

Deena McMullen
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(432) 363-7085

DUBLIN--(BUSINESS WIRE)--The "Global Marine Loading Arms Market Research Report 2022 (Status and Outlook)" report has been added to ResearchAndMarkets.com's offering.

The Global Marine Loading Arms Market Size was estimated at USD 413.6 million in 2021 and is projected to reach USD 570.4 million by 2028, exhibiting a CAGR of 5.50% during the forecast period.

The publisher's latest report provides a deep insight into the global Marine Loading Arms market covering all its essential aspects. This ranges from macro-overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.

The analysis helps to shape the competition within the industries and strategies to the competitive environment in order to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of Global Marine Loading Arms Market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Marine Loading Arms market in any manner.

Global Marine Loading Arms Market: Market Segmentation Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Market segmentation creates subsets of a market based on product type, end user or application, Geographic, and other factor.

By understanding the market segments, decision maker can leverage this targeting in product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

• TechnipFMC
• SVT GmbH
• Ingersoll Rand
• Kanon Loading Equipment
• Tokyo Boeki Holdings Corp
• Jiangsu Changlong Petrochemical Equipment
• Woodfield Systems
• Lianyungang Teampower Technology Development
• Jiangsu Rongpu Machinery
• COSCO (Lianyungang) Liquid Loading & Unloading Equipment
• WLT

Market Segmentation (by Type)

• Manual Marine Loading Arms
• Hydraulic Marine Loading Arms
• Others

Market Segmentation (by Application)

• Oil/Petroleum
• Chemical
• Gas
• Others

Geographic Segmentation

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Biobased Transformer Oil Market

Key Reasons to Buy this Report:

• Access to up to date statistics compiled by our own researchers. These provide you with historical and forecast data, which is analysed to tell you why your market is set to change
• This enables you to anticipate market changes in order to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentation or other strategic documents
• The concise analysis, clear graph and table format will enable you to pin point the information your require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
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• Market dynamics scenario, along with growth opportunities of the market in the years to come

For more information about this report visit https://www.researchandmarkets.com/r/jxtol7

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Revenue from Oil and Gas Sales at $13.1 million and Net Income $3.6 million

Recent Acquisitions Add Immediate Accretive Cash Flow & Increased Scale with Minimal Incremental Overhead

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico, today announced the Company’s financial results for the first quarter of 2022, ended March 31, 2022.

Recent Highlights

First Quarter 2022 Financial Results

• Revenue from oil, natural gas, and natural gas liquids sales was $13.1 million for the first quarter compared to $2.4 million in the 2021 comparable period.
• Net income for the quarter was $3.62 million compared to a net loss of $997,180 for the first quarter of 2021. This growth is due to the Company’s transformative acquisition of the New Mexico assets in May 2021, successful execution of the Company’s mission to enhance the production of its existing wells, new production from four non-operated wells in North Dakota, and a favorable pricing environment.

First Quarter 2022 Production Accomplishments

• Despite historically adverse weather conditions during Q1 in North Dakota, Montana, and New Mexico, Empire exceeded its internal production forecasts due to previous work performed on leases that led to increased volumes, even with fewer production days due to weather.
• Average oil prices received for first quarter production realized $91.25/barrel compared to $51.56/barrel in the first quarter of 2021 and $74.66/barrel in the fourth quarter of 2021
• Subsequent to quarter end, the Company completed the acquisition of:
  • Operated and non-operated oil and natural gas assets in the Landa Madison and Landa West Madison Units in Bottineau County, North Dakota
  • Operated and non-operated oil and natural gas assets in the Birdbear Area in Golden Valley and Billings County, North Dakota
  • Additional working interests in existing areas of operation in North Dakota, Montana and New Mexico.
  • These assets are expected to provide immediate accretive cash flow and increased scale with minimal incremental overhead.

Appointment of New Board Member

• On April 30, 2022, Vice Admiral Andrew Lewis was appointed to the Company’s Board of Directors. He will serve on the Board’s Audit Committee.
• Vice Admiral Lewis has had an illustrious 36-year military career in the United States Navy, serving as the Deputy Chief of Naval Operations for Operations, Plans and Strategy, vice director for Operations, and director of Fleet Training at Fleet Forces Command. Following his retirement in 2021, Lewis joined Business Executives for National Security as Senior Vice President of Policy and Projects.
• “Empire Petroleum has built a strong foundation and platform for growth, I look forward to helping the Company achieve its goals,” said Vice Admiral Lewis.

Management Comments

Tommy Pritchard, Chief Executive Officer of Empire, commented, “Empire had a great first quarter, highlighted by our uplisting to the NYSE American, which caps off Empire’s transformation into a diversified, low-leverage, free cash flow conventional oil and gas operator. With prices high and production growing from acquisitions and our return-to-production well strategy, the outlook for the year is strong as we remain focused on organic growth while securing additional incremental long-life and low-decline reserves that generate strong cash flow.”

“We reported total revenue of over $13 million in the first quarter, 400% higher than last year, and driven by a nearly 300% increase in production. Net income reached $3.6 million, an increase of over 400% from the same period last year. Our most recent acquisitions are a good example of our strategy that is expected to provide immediate accretive cash flow and increased scale with minimal incremental overhead,” continued Mr. Pritchard.

Mike Morrisett, President of Empire, added, “We believe that our low total debt balance collateralized only by our North Dakota, Montana and Louisiana assets, combined with the $5.4 million of cash on our balance sheet and the cash flow that the Company is generating, puts us in a strong position to support organic growth and additional bolt-on acquisitions that meet our strict criteria. For the moment, we remain unhedged on the majority of our production, which is represented by our debt free assets in New Mexico.”

For Empire’s complete financial results for the three-month period ended March 31, 2022, see the Company’s Quarterly Form 10-Q filed with the Securities and Exchange Commission on May 16, 2022.

About Empire Petroleum

Empire Petroleum Corporation is a publicly traded, Tulsa-based oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico. Management is focused on targeted acquisitions of proved developed assets with synergies with its existing portfolio of wells. More information about Empire can be found at www.empirepetroleumcorp.com. 

Safe Harbor Statement

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements involve a wide variety of risks and uncertainties, and include, without limitations, statements with respect to the Company’s estimates, strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2021, and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, the Company’s ability to acquire productive oil and/or gas properties or to successfully drill and complete oil and/or gas wells on such properties, general economic conditions both domestically and abroad, and other risks and uncertainties related to the conduct of business by the Company.

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Empire Petroleum Corporation:
Tommy Pritchard, CEO
Mike Morrisett, President
539-444-8002
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7 Projects Across 5 African Countries Expected to Deliver 3.5 Million Devices and Avoid 50 Million tCO₂e of Emissions Over 15 Years

TORONTO--(BUSINESS WIRE)--$NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce that it has entered into a US$20.0 million carbon credit streaming agreement (“Carbon Stream”) with Community Carbon and UpEnergy Group (“UpEnergy”) to bring fuel-efficient cookstoves and safe water solutions to millions of households in eastern and southern Africa. These vital energy-saving devices will reduce emissions, improve health outcomes, and preserve local environments by protecting forests from illegal charcoal and wood harvesting.

Investment Highlights:

• Carbon credits will be generated from a diversified portfolio of three cookstove and four safe water projects across Uganda, Mozambique, Tanzania, Zambia, and Malawi (individually a “Project” and collectively the “Portfolio”).
• The Portfolio has a goal to reduce approximately 50 million tonnes of CO₂ equivalent (“tCO₂e”) emissions over the 15-year life of the Projects and is expected to generate an equivalent number of emissions reductions.
• Emissions reductions generated by the Portfolio will be independently verified under The Gold Standard, and for Tanzania, through Verra.
• The Company will make an upfront cash investment of US$6.5 million on closing, with additional payments of up to US$13.5 million as emissions reduction milestones are met (anticipated to begin in 2023) and as cookstove and water purification units are distributed.
• Under the Carbon Stream, Carbon Streaming expects to receive a portion of the credits generated from the Portfolio’s emissions reductions over the 15-year life of the Projects.

Impact Highlights:

• Community Carbon was launched in 2022 by UpEnergy, a social enterprise with headquarters in Kampala, Uganda, focused on making technology that fights climate change and poverty accessible to all while protecting local environments. UpEnergy has successfully operated carbon projects for more than a decade which have resulted in approximately 3 million tonnes of emissions reductions to date.
• Community Carbon’s Portfolio is expected to catalyse additional compounding social and economic benefits, through job creation via local manufacturing, avoided wood and fuel costs, and local tree planting.
• The creation of a Community Carbon Fund, funded jointly by Community Carbon and Carbon Streaming, will contribute a percentage of the Portfolio’s carbon credit sales revenue to support additional programs, commencing with initiatives dedicated to the education and empowerment of women and girls (who are disproportionately impacted by climate change) over the lifetime of the transaction. The Community Carbon Fund is set to support its first projects in Q3 2022.

Carbon Streaming Founder and CEO Justin Cochrane stated: “We are proud to partner with Community Carbon for its focus on local impact, and UpEnergy for its impressive track record in making clean cookstoves and water purification devices more accessible to all. These ambitious expansion plans will improve health outcomes and reduce energy poverty for millions of people and significantly reduce GHG emissions.”

Mr. Cochrane continued, “We’re excited to announce our first energy efficiency carbon streams, as financing the deployment of these critical innovations provides healthy diversification to our growing portfolio of high-impact carbon credits from some of the best carbon projects in the world. This venture demonstrates the flexibility and capability of our investment structure in delivering a diversified carbon portfolio at scale.”

“Community Carbon is being launched to achieve widespread distribution of proven energy saving devices like fuel-efficient cookstoves and water purification solutions that reduce devastating logging in African forests. These projects are critical to addressing climate change because a tree that never gets unsustainably cut and burned sequesters the same CO₂ as a newly planted tree, but achieves the climate impact sooner,” said UpEnergy Chairman, Matt Evans. “The distribution of energy saving devices in tandem with additional Community Carbon Fund programs unlocks long-standing local economic development, human health improvements, and better access to education, particularly for women and girls. By purchasing verified emissions reductions that support communities to address health, economic, and social issues, carbon buyers can make vital contributions to greater climate resilience.”

The Portfolio will comprise seven energy-saving projects: cookstove projects in Mozambique, Uganda and Tanzania, and safe water projects in Malawi, Mozambique, Uganda and Zambia. The initiative, which is expected to roll out over the course of the next two years, will commence with the expected delivery of 3.5 million fuel-efficient, cleaner cookstoves and water purification devices to communities across the five countries. The Portfolio has a goal to reduce approximately 50 million tCO₂e emissions over the 15-year life of the Projects and is expected to generate an equivalent number of emissions reductions, which will be independently verified under The Gold Standard, and for Tanzania, through Verra. Under the terms of the Carbon Stream, the Company will make an upfront cash investment of US$6.5 million on closing, with additional payments of up to US$13.5 million as emissions reduction milestones and device distribution thresholds are achieved by the Portfolio. The generation of emission reductions is expected to commence in 2023 and ramp-up as cookstove and water purification units are distributed. The portion of the emission reductions received by, and the economic interest attributable to, Carbon Streaming pursuant to the Carbon Stream is consistent with the Company’s other stream investments. Closing of the Carbon Stream is subject to customary conditions with closing anticipated to occur in mid-2022.

About Carbon Streaming

Carbon Streaming is an ESG principled company offering investors exposure to carbon credits, a key instrument used by both governments and corporations to achieve their carbon neutral and net-zero climate goals. Our business model is focused on acquiring, managing and growing a high-quality and diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly or indirectly, with voluntary and/or compliance carbon credits.

The Company invests capital through carbon credit streaming arrangements with project developers and owners to accelerate the creation of carbon offset projects by bringing capital to projects that might not otherwise be developed. Many of these projects have significant social and economic co-benefits in addition to their carbon reduction or removal potential.

With this most recent announcement, the Company has executed carbon credit streaming agreements related to over 10 projects around the globe, including nature-based, biochar, clean cookstove and water filtration projects. Carbon Streaming intends to continue building and diversifying its high-quality portfolio of investments in the near term.

To receive corporate updates via e-mail as soon as they are published, please subscribe here.

About Community Carbon

Community Carbon develops energy-saving solutions in southern and eastern Africa — starting with cleaner cookstoves and safe water filters — that avoid emissions, improve community outcomes, and preserve local environments. Our approach goes further, stimulating additional social and economic benefits by focusing on local manufacturing, reinvesting project revenue to build and deploy more devices in the community, supporting local tree-planting programs, and supporting the education and empowerment of women and girls. Community Carbon combats energy poverty by tapping into carbon markets and the global community’s drive to reduce emissions — because together, we can do more. Community Carbon was established in 2022 by UpEnergy. Learn more at https://www.communityco2.org.

About UpEnergy

UpEnergy makes cleaner technology accessible to all. We quantify the emissions reductions resulting from our products according to rigorous standards such as The Gold Standard and Verra. Our team brings 30+ years of collective experience to the development of emission reduction projects that achieve real local income, social, and environmental benefits. Learn more at https://www.upenergygroup.com/.

Advisories

The references to third party websites and sources contained in this news release (including information with regards to Community Carbon and UpEnergy) are provided for informational purposes and are not to be considered statements of the Company.

Cautionary Statement Regarding Forward-Looking Information

This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements and figures with respect to the estimation of devices deployed; future carbon credit generation and emissions reductions from the Portfolio; the ability for the Portfolio to be independently verified by The Gold Standard or Verra; the expected benefits associated with the deployment and use of the energy-saving devices; timing to meet additional payment milestones; the use of proceeds from the Carbon Stream; the benefits associated with and timing of first projects for the Community Carbon Fund; timing of generation of emissions reductions; the timing and closing of the transaction; the generation of local community benefits from the Portfolio and the Community Carbon Fund; statements with respect to execution of the Company’s portfolio and partnership strategy.

When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking statements. This forward-looking information is based on the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. They should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved. Factors that could cause actual results or events to differ materially from current expectations include, among other things: dependence on key management; limited operating history for the Company’s current strategy; concentration risk; inaccurate estimates of growth strategy, including the ability of the Company to source appropriate opportunities/investments; volatility in prices of carbon credits and demand for carbon credits; general economic, market and business conditions; failure or timing delays for projects to be validated and ultimately developed or greenhouse gases emissions reductions and removals to be verified and carbon credits issued; uncertainties and ongoing market developments surrounding the regulatory framework applied to the verification, and cancellation of carbon credits and the Company’s ability to be, and remain, in compliance; actions by governmental authorities, including changes in or to government regulation, taxation and carbon pricing initiatives; uncertainties surrounding the ongoing impact of the COVID-19 pandemic; foreign operations and political risks; risks arising from competition and future acquisition activities; due diligence risks, including failure of third parties’ reviews, reports and projections to be accurate; global financial conditions, including fluctuations in interest rates, foreign exchange rates and stock market volatility; dependence on project developers, operators and owners, including failure by such counterparties to make payments or perform their operational or other obligations to the Company in compliance with the terms of contractual arrangements between the Company and such counterparties; failure of projects to generate carbon credits, or natural disasters such as flood or fire which could have a material adverse effect on the ability of any project to generate carbon credits; change in social or political views towards climate change and subsequent changes in corporate or government policies or regulations; operating and capital costs; potential conflicts of interest; unforeseen title defects; the Company’s ability to complete proposed acquisitions and the impact of such acquisitions on the Company’s business; anticipated future sources of funds to meet working capital requirements; future capital expenditures and contractual commitments; expectations regarding the Company’s growth and results of operations; the Company’s dividend policy; volatility in the market price of the Company’s common shares or warrants; the effect that the issuance of additional securities by the Company could have on the market price of the Company’s common shares or warrants; and the other risks disclosed under the heading “Risk Factors” and elsewhere in the Company’s Annual Information Form dated as of September 27, 2021 filed on SEDAR at www.sedar.com. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should exercise caution in relying upon forward-looking statements and the Company undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.

ON BEHALF OF THE COMPANY:
Justin Cochrane, Chief Executive Officer
Tel: 647.846.7765
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www.carbonstreaming.com

Investor Relations
Andrea Cheung, VP, Investor Relations
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MEDIA CONTACTS:
Amy Chambers, Carbon Streaming Corporation
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Nikki Arnone, Inflection Point Agency for Community Carbon
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Peter Bronski, Inflection Point Agency for Community Carbon
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Cleantech integrator awarded publication distinction for its annual ESG reports

FRAMINGHAM, Mass.--(BUSINESS WIRE)--#abaawards--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in renewable energy and energy efficiency, was named the winner of a Silver Stevie® Award in the publication category for its annual Environmental, Social, and Governance (ESG) reports in the 20^th Annual American Business Awards® today. The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.

Nicknamed the Stevies for the Greek word meaning “crowned”, the award program received more than 3,700 nominations from organizations of all sizes. Virtually every industry was submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, Best New Product or Service of the Year, Marketing Campaign of the Year, Thought Leader of the Year, and App of the Year, among others.

Ameresco’s 2020 and 2021 ESG reports were nominated in the publication category for publicly held corporations. This recognition follows the publication of the company’s latest ESG report, which centered on the theme of “Doing Well by Doing Good: Innovation. Action. Integrity.”

“Since our inception more than 22 years ago, Ameresco has provided our customers with guidance on energy infrastructure solution sets in pursuit of their sustainability goals. We are so pleased to have acted on our own ESG initiatives and honored to be recognized for those efforts,” said George Sakellaris, CEO and President, Ameresco. “We feel energized to use this momentum to continue supporting our customers in their pursuit of a resilient, net-zero future.”

More than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.

Details about The American Business Awards and the list of 2022 Stevie winners are available at www.StevieAwards.com/ABA. To learn more about ESG at Ameresco, please visit www.ameresco.com/esg/.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and Europe. For more information, visit www.ameresco.com.

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Ameresco:
Leila Dillon, 508-661-2264
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Company’s Rate Request Submitted to the CA Public Utilities Commission

SAN DIEGO--(BUSINESS WIRE)--Safeguarding energy reliability against growing climate threats and building a clean energy future aligned with regional and state climate goals are the driving forces behind the 2024-2027 budget proposal that San Diego Gas & Electric filed yesterday with the California Public Utilities Commission (CPUC). Every four years, regulated utilities in the state are required to file what are formally known as general rate cases (GRC) outlining their capital investments and forecasted costs for operations and maintenance. (Download B Roll Here)

In addition to maintaining high safety and reliability standards, SDG&E’s GRC also supports regional plans to reduce emissions, and the State of California’s goal to achieve carbon neutrality by 2045.

“Average electric bills at our company are the lowest among California’s electric investor-owned utilities, but we also recognize this is a difficult time to ask our customers to pay more given the state of the economy and inflationary pressures and are mindful of every dollar that we ask our customers to pay. Given the changes in climate and the growing need for a clean energy future, this will ultimately result in improvements that create long-term benefits now and for future generations,” SDG&E President Bruce Folkmann said. “The budget proposal we put forth represents the conscientious efforts of hundreds of SDG&E employees to strike the right balance between holding down costs and making the infrastructure investments needed for a clean energy future.”

According to a recent study conducted by SDG&E titled The Path to Net Zero: A Decarbonization Roadmap for California, electrification of buildings and vehicles is crucial for California to become carbon neutral. The analysis indicates electricity consumption in the state could nearly double by 2045. Meeting this increased demand will require a significant expansion of the power grid to both meet emissions reduction targets while also maintaining grid reliability.

All general rate cases are open and transparent proceedings conducted before the CPUC, involving extensive comments from customers, stakeholders and public interest advocates.

Major Investments Outlined in the Budget Proposal

• Expand, operate and maintain electric vehicle (EV) charging infrastructure throughout the region, given all passenger vehicle sales in California are required to be zero-emission by 2035, followed by the requirement that all medium and heavy-duty vehicle sales are to be zero-emission by 2045, where feasible.
• Modernize the electric grid with cutting-edge technology to enable the integration of significantly more solar and wind generation, residential and commercial-scale battery storage, EV charging, and customer transition from natural gas to electric appliances.
• Install more utility-scale battery systems at strategic locations to maximize the use of solar energy, which is often curtailed in the middle of the day because there is more supply than demand, and to support reliable service during periods of high energy demand, such as extremely hot summer days.
• Develop additional clean fuel sources, such as green hydrogen for transportation and electric generation with the goal of supporting greater electrification.
• Reduce wildfire risk and minimize Public Safety Power Shutoffs by hardening 590 miles of power lines between 2022 and 2024, either by burying them underground or insulating them.
• Cut the risk for power outages by adopting grid automation and remote sensing tools and replacing aging or failure-prone equipment, such as underground Tee connectors and corroded overhead switches.
• Give customers more control, access and insights into their energy usage by implementing the next generation of smart meters.
• Upgrade microgrids with zero-emissions energy resources (i.e., battery storage) to keep vulnerable communities and critical resources, such as healthcare and CALFIRE facilities, powered during Public Safety Power Shutoffs.
• Strengthen cybersecurity and technology infrastructure to address the risk of ever-changing security threats that could potentially disrupt business operations and place customer and employee health and safety at risk. These upgrades also will help secure customer data to meet stronger privacy regulations.
• Accelerate the replacement of aging plastic natural gas pipelines to improve safety and reliability and reduce methane emissions.

If SDG&E’s rate case is approved as submitted, the average residential customer could expect a monthly electric bill increase of about $9 compared to 2023, and a monthly natural gas bill increase of about $9.60 compared to 2023. SDG&E anticipates the CPUC to make a decision on its GRC in about 18 months, with new rates taking effect Jan. 1, 2024.

More information about SDG&E’s filing can be found at sdgeratesinfo.com.

About SDG&E

SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing its electricity from renewable sources; modernizing energy infrastructure; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region’s infrastructure for generations to come. SDG&E is a subsidiary of Sempra (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@SDGE), Instagram (@SDGE) and Facebook.

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

In this press release, forward-looking statements can be identified by words such as “believes,” “expects,” “intends,” “anticipates,” “plans,” “estimates,” “projects,” “forecasts,” “should,” “could,” “would,” “will,” “confident,” “may,” “can,” “potential,” “possible,” “proposed,” “in process,” “under construction,” “in development,” “opportunity,” “target,” “outlook,” “maintain,” “continue,” “goal,” “aim,” “commit,” or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, in rates from customers or a combination thereof; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental entities and regulatory bodies; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, arbitrations, and property disputes, including those related to the natural gas leak at Southern California Gas Company’s (SoCalGas) Aliso Canyon natural gas storage facility; changes to laws, including changes to certain of Mexico’s laws and rules that impact energy supplier permitting, energy contract rates, the electricity industry generally and the ability to import, export, transport and store hydrocarbons; cybersecurity threats, including by state and state-sponsored actors, to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business, all of which have become more pronounced due to recent geopolitical events and other uncertainties, such as the war in Ukraine; failure of foreign governments and state-owned entities to honor their contracts and commitments; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our debt service obligations; the impact of energy and climate policies, legislation, rulemaking and disclosures, as well as related goals set and actions taken by companies in our industry, including actions to reduce or eliminate reliance on natural gas generally and any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to timely and economically incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid or limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic, including potential vaccination mandates, on capital projects, regulatory approvals and the execution of our operations; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Community Choice Aggregation and Direct Access, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC’s (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor’s independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices, including inflationary pressures in the U.S., and our ability to effectively hedge these risks and with respect to inflation and interest rates, the impact on SDG&E’s and SoCalGas’ cost of capital and the affordability of customer rates; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain current or potential counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control.

These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra’s website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure, Sempra Texas, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra Infrastructure, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.

Only for SEC filings/Earnings:

None of the website references in this press release are active hyperlinks, and the information contained on, or that can be accessed through, any such website is not, and shall not be deemed to be, part of this document.

Anthony Wagner
San Diego Gas & Electric
877-866-2066
sdge.com
Twitter: @sdge

Itron's Distributed Intelligence-enabled Meters Integrated with PayGo's Prepay Energy Solution Allows for Real-Time Energy Insights

LIBERTY LAKE, Wash.--(BUSINESS WIRE)--#DistributedIntelligence--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today announced that it has strengthened its long-term collaboration with PayGo and welcomes the billing and payment solution provider into Itron’s expanding ecosystem of distributed intelligence (DI) applications. Using Itron's DI platform, PayGo integrated its billing customer experience into Itron's DI-enabled Riva meters in order to provide consumers with a comprehensive real-time view of energy consumption and remaining energy credit balance through Itron Smart Pay, Itron’s smart payment Software-as-a-Service (SaaS) solution. The DI application works in concert with Itron Smart Pay and enables consumers to better control their payments and budget their overall energy usage, enhancing the user experience. The application will be demonstrated at DISTRIBUTECH, May 23-25, in Itron booth #2403.

The DI application features PayGo's algorithm, which works inside Itron's Riva meters, enabling consumers to gain access to their energy consumption in real time without worrying about the typical lag time associated with usage information being collected by the utility on a periodic basis. With this DI functionality, consumers can configure settings through Itron Smart Pay to personalize alerts such as low account balances and payment due dates. PayGo’s DI algorithm monitors energy usage threshold information in real time, and sends alerts to Itron Smart Pay, which will send text messages to the energy consumer. This gives the consumer greater flexibility to prepay whenever they want and for how much they want. According the Prepay Energy Working Group, by providing consumers flexible billing and payment options as well as real time information, consumers may be able to change their energy consumption behavior and potentially reduce their energy bills by up to 12% and potentially increase customer satisfaction for the utility by 10 points or more.

“With PayGo joining Itron’s expanding ecosystem of DI applications, the new capabilities for Itron Smart Pay will help consumers understand their energy usage and provide greater visibility into their consumption, enabling them to better control their energy spend,” said Don Reeves, senior vice president of Outcomes at Itron. “We are excited to build upon our partnership with PayGo. Not only does the company share the same value of sustainability, but PayGo values empowering consumers, utilities and the environment. We look forward to improving customer satisfaction and engagement.”

“The digital transformation of customer experience drives behavioral change and positive sustainability outcomes. Combining Itron’s DI platform with PayGo’s technology will enable utilities to delight their customers while better managing energy spend,” said Jeff Weiser, CEO of PayGo. “We look forward to working together with Itron to provide enhanced visibility into consumer energy usage at the meter.”

Itron’s robust DI platform allows innovators to build open, interoperable, value-driven applications on Itron’s secure platform that evolve with market and consumer demands. The DI development program enables an ecosystem of third-party developers to ensure a greater selection of applications to meet utility needs today and into the future. These applications are available via the Itron Enterprise Application Center, which features an increasingly diverse portfolio of Itron and third-party applications that connect to Itron's industry-leading, IoT-based network. The Itron Enterprise Application Center is the operational backbone for our utility customers to manage applications for their customers via a private, secure web portal.

About PayGo

PayGo^® is an Atlanta-based software and payments company. With platforms that deliver flexible billing and payment solutions that enable America's largest investor-owned and public power utilities to enable higher customer engagement and improve revenue assurance. Utility customers experience greater control in how they manage and pay for their energy and water spend, along with ways to reduce consumption. More information is available at www.paygoutilities.com.

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron^® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
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Project aims to eliminate waste, reduce energy, and enable reuse of both titanium dioxide and polymers in new products

WILMINGTON, Del.--(BUSINESS WIRE)--$CC--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced its participation leading a three-year recycling research project in collaboration with industry, academic, and government experts to develop an efficient, cost-effective, and more sustainable process for recovering titanium dioxide (TiO₂) and polymers from plastic end-use products. The initiative, dubbed Remove2Reclaim, has the potential to drive significant environmental benefits, eliminating waste and reducing the amount of energy used in manufacturing, by enabling circularity across a much wider range of applications.

Current commercial scale recycling technologies do not allow polymers and additives to be effectively removed and separated, limiting the potential applications and overall quality of products made with recycled plastic. Remove2Reclaim is designed to change that. The project goal is to develop commercial-scale detection and extraction technologies that enable the removal and recovery of TiO₂ and polymers for reuse.

“Through the Remove2Reclaim initiative, we hope to help crack the code on effective plastic recycling, achieving a new level of circularity for the industry,” said Steven De Backer, EMEA Technical Marketing Manager at Chemours. “This initiative has the potential to reclaim thousands of tons of TiO₂ from different end-of-life streams, reducing raw material demands, and creating a new TiO₂ supply stream for our customers. We’re honored to lead this project in collaboration with a team of experts from across the value chain to pursue a common goal that benefits our shared planet.”

In the project’s first year, research partners have developed a sorting mechanism to effectively identify plastic wastes that contain TiO₂ and determined innovative solvent-based extraction routes to remove TiO₂ from different polymer matrices. Other project milestones include developing methods and equipment to detect TiO₂ in specific polymer matrices, recovering TiO₂ from the polymer by dissolution route, and eventually reusing the TiO₂ and polymer in new products.

“At Chemours, we aspire to be the most sustainable TiO₂ enterprise in the world, and that requires applying our expertise to some of the world’s greatest challenges, including plastic circularity,” said Ed Sparks, President of Titanium Technologies at Chemours. “We’re committed to leveraging responsible chemistry and cross-industry collaboration to solve our customers’ challenges with minimal impact on our shared planet. Remove2Reclaim is a great example of this model at work.”

The Remove2Reclaim project kicked off in September 2020 with the support of Catalisti, the spearhead cluster for the chemical and plastics industry in Flanders, Belgium. It includes a collaboration of the public and private sectors, including Chemours as the project coordinator, INEOS Styrolution, Lybover, Deceuninck, Matco Plastics, Centexbel, VITO, Ghent University, and KU Leuven. The project also received funding from VLAIO, the Flanders Innovation and Entrepreneurship Agency.

“Remove2Reclaim is an exciting project with the potential to turn recycling ambitions into circular solutions that benefit our planet,” reads a statement from Catalisti. “By bringing together leaders in the industry, academic, and government spheres, we’re taking a holistic approach that engages the entire value chain. The project has gained momentum under Chemours’ leadership, and we’re looking forward to seeing this initiative continue making progress toward achieving its goal of producing an innovative new recycling process.”

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products include prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,400 employees and 29 manufacturing sites serving approximately 3,300 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.

For more information, we invite you to visit chemours.com or follow us on Twitter @Chemours or LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, the outcome or resolution of any pending or future environmental liabilities, the commencement, outcome or resolution of any regulatory inquiry, investigation or proceeding, the initiation, outcome or settlement of any litigation, changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, anticipated future operating and financial performance for our segments individually and our company as a whole, business plans, prospects, targets, goals and commitments, capital investments and projects and target capital expenditures, plans for dividends or share repurchases, sufficiency or longevity of intellectual property protection, cost reductions or savings targets, plans to increase profitability and growth, our ability to make acquisitions, integrate acquired businesses or assets into our operations, and achieve anticipated synergies or cost savings, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements are based on certain assumptions and expectations of future events that may not be accurate or realized. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours’ control. In addition, the current COVID-19 pandemic has significantly impacted the national and global economy and commodity and financial markets, which has had and we expect will continue to have a negative impact on our financial results. The full extent and impact of the pandemic is still being determined and to date has included significant volatility in financial and commodity markets and a severe disruption in economic activity. The public and private sector response has led to travel restrictions, temporary business closures, quarantines, stock market volatility, and interruptions in consumer and commercial activity globally. Matters outside our control have affected our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and in our Annual Report on Form 10-K for the year ended December 31, 2021. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.

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Following two years of explosive growth and momentum, the Series A funds will be used to fight climate change by boosting utility data access to generate energy savings at scale

OAKLAND, Calif.--(BUSINESS WIRE)--UtilityAPI today announced the close of Series A funding with a $10 million investment, led by Aligned Climate Capital. The new funds will serve to rapidly expand the company’s ability to satisfy the exploding market for utility-level data sharing platforms.

UtilityAPI is the software industry leader in providing secure, standardized, authorized access to utility data. In 2014, Daniel Roesler founded the company to fight climate change by offering a simple, fast, automated solution for sharing utility customer bills and interval data, shared only with explicit customer consent, and revocable at any time. Historically, energy efficiency service providers spent dozens of hours compiling and organizing customer usage data in order to propose appropriate technology solutions; UtilityAPI’s software collects the data in a moment. This time savings streamlines the sales process for clean energy companies, allowing them to provide clean energy solutions faster, and more cheaply. It is estimated that companies using their services prevent about 15 million pounds of CO² emissions every month.

“Utility API drastically lowers the barriers for deploying energy efficient technologies and the services that rely upon them. These services are the backbone of the future of energy and the energy transition. Without data exchange, this future is not possible,” said Utility API CEO Devin Hampton. “This, coupled with our industry-leading commitment to privacy and security, creates a future we can all trust.”

“Data access shouldn’t be a roadblock to clean energy deployment,” said Aligned Climate Capital CEO Peter Davidson. “UtilityAPI solves this challenge by making it quick and easy for clean energy companies and utilities to share data, while still protecting consumer privacy.”

Aligned and UtilityAPI share a mission to fight climate change. But that’s far from their only synchrony. Both companies have a pronounced interest in diversifying the clean energy sector. Among other factors, Aligned focuses on companies to invest in through the lens of ESG (Environmental, Social, Governance) metrics. UtilityAPI is a company led by a diverse leadership team of three people who share no major demographics. In 2020, Hampton, UtilityAPI's CEO, took to social media to hold up a mirror to his industry, writing, “As a clean energy leader and a black man, I often go to conferences and gatherings where I am one of a few, if not the only black person in the room.” He later co-founded Edict, a movement to diversify climate tech.

Since the start of the pandemic, the company has negotiated deals with numerous Investor Owned Utilities (IOUs), Community Choice Aggregators (CCAs), and Municipal Utilities in the United States and Canada to bring their data sharing platform to millions of customers, third parties and energy efficiency providers.

About UtilityAPI

UtilityAPI is a mission-driven software company based in Oakland, California. Our data exchange tools are used to accelerate deployment and monitoring of distributed energy resources and energy efficiency technologies. Some of the top solar, storage, and energy efficiency companies use us every day. For utilities and utility vendors we enable seamless data access and behind-the-meter insights through our safe, secure, and standardized data exchange platform. We also work with regulators and local governments to shape effective utility data access policies. UtilityAPI's mission is to create a secure and standardized data infrastructure for the evolving energy economy. For more information, please visit www.utilityapi.com.

About Aligned Climate Capital

Aligned Climate Capital LLC is an asset manager investing exclusively in the people, companies, and real assets that are decarbonizing the global economy. Founded in 2019, Aligned is a dynamic and mission-driven firm that believes solving climate change is a unique opportunity to generate strong financial returns, while also achieving meaningful environmental and social impact. The team works at the intersection of finance, technology, and public policy with a particular focus on ESG metrics. For more information, please visit www.AlignedClimateCapital.com

Pamela Waxman
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