EnergyHub will make the Amazon Smart Thermostat available to its base of over 60 utility clients as part of the industry’s largest distributed energy resource ecosystem. The expanded offering further enables utilities nationwide to achieve their decarbonization goals while delivering exceptional consumer experiences and choice.

BROOKLYN, N.Y.--(BUSINESS WIRE)--EnergyHub, the industry-leading provider of distributed energy resource (DER) management solutions (DERMS), today announced Amazon Smart Thermostat is now included in the company’s partner ecosystem. EnergyHub’s utility clients, who already have access to the nation’s largest partner network, will benefit from the additional scale and peak-shaving capabilities the integration delivers to their demand response programs.

“The addition of the Amazon Smart Thermostat to EnergyHub’s BYOT (Bring Your Own Thermostat) Program is a natural step in our commitment to offer our utility clients turnkey access to the nation’s largest and most diverse ecosystem of device partners. We look forward to helping our customers achieve their decarbonization goals by increasing the number of consumers eligible to participate in demand response programs,” said Seth Frader-Thompson, EnergyHub’s President.

Amazon Smart Thermostat customers can participate in energy demand response programs to help utilities reduce load during peak periods and achieve savings. The Amazon Smart Thermostat is manufactured by Resideo, an EnergyHub device partner. It is ENERGY STAR® certified, integrated with Amazon’s Alexa voice service, and retails for $59.99 USD.

“Amazon brings a tremendous amount of brand equity that will resonate with Salt River Project (SRP) customers and encourage them to consider enrollment in the residential demand response (BYOT) program. Expansion of the program is vital in keeping our commitment to customers to achieve our 2035 Sustainability Goals,” said Eamonn Urey, Program Manager, SRP.

EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading platform for the intelligently connected property.

About Amazon Smart Thermostat

Amazon Smart Thermostat is a new smart thermostat that works with Alexa to give customers a simple way to keep their home comfortable and energy-efficient. Customers can discover eligible rebates from energy providers right from the Amazon Smart Thermostat product page, and enroll their thermostat in available Demand Response programs through the Alexa app.

Amazon Smart Thermostat is made with Honeywell Home Thermostat Technology and is an ENERGY STAR® and UL ECOLOGO certified device, part of Amazon’s Climate Pledge Friendly program. It’s now available for $59.99 on Amazon.com and other retailers.

About EnergyHub

EnergyHub is the leading grid-edge DERMS provider. Utilities rely on EnergyHub’s Mercury DERMS platform to manage all distributed energy resources to serve grid and market objectives. EnergyHub works with over 60 utilities nationwide to manage more than 2,900 MW of flexible capacity. We empower utilities and their customers to create a clean, distributed energy future. For more information, visit www.energyhub.com.

Media:
Annie Han
Aspectus Group
This email address is being protected from spambots. You need JavaScript enabled to view it.

Milpitas Receives Prestigious Smart 50 Award in Recognition of its Innovative Approach to Municipal Modernization

MILPITAS, Calif.--(BUSINESS WIRE)--#earthday--In recognition of Earth Day, the City of Milpitas is celebrating the construction of new sustainable microgrids and a number of city-wide water and energy conservation initiatives; all part of its Smart City infrastructure program. Delivered in collaboration with ENGIE North America, 10 water and energy infrastructure improvement measures in the construction phase of the initiative are either complete or nearing completion. Combined, these measures will enhance community services and safety, contribute to the city’s Climate Action Plan and resiliency goals, and reduce its operations, maintenance, and utility costs.

As of today, the City of Milpitas and ENGIE have completed work on water upgrades to 25 public buildings and parks; 2,185 LED streetlight retrofits; 4,453 streetlight controls upgrades with outage detection; and city-wide LED lighting upgrades in parks, sports fields, city buildings, and community facilities.

Projects nearing completion include two landmark microgrid projects at the Milpitas Senior Center and Milpitas Community Center. The microgrids incorporate a 200 kW solar photovoltaic system and energy storage capabilities, enabling the city to reduce its reliance on energy from the utility at these locations and providing a source of clean backup power.

In addition, Milpitas and ENGIE are close to completing the rollout of 15,600 advanced metering infrastructure (AMI) water meters with leak detection; supervisory control and data acquisition (SCADA) and remote communication systems, pumping and automated water treatment; and electric vehicle charging stations.

Milpitas’ trailblazing infrastructure program is expected to drive transformational energy efficiencies for the municipality by reducing utility consumption by more than 4.2 million kWh of electricity per year. This is equivalent to the average consumption from 388 households or 335,000 gallons of gas consumed. This reduction is anticipated to save more than $1.5 million in energy and water costs per year, for a net lifetime savings from the project of over $30 million.

In recognition of the innovative approach taken by Milpitas and ENGIE, the city has been honored with a “Smart 50” award. A partnership between Smart Cities Connect and the Smart Cities Connect Foundation, the annual Smart 50 Awards recognizes the most innovative and influential Smart City projects from around the world.

Mayor Rich Tran shares that, “The city is proud to be at the forefront of Smart City infrastructure development. We are now entering the next phase of our journey, with our deployments ready to be operationalized. We look forward to marking this milestone at our unveiling event this Earth Day and welcome all Milpitas residents to attend and learn about the environmental improvements they’ll benefit from in the months and years ahead.”

Courtney Jenkins Vice President and Head of Distributed Energy Solutions at ENGIE North America adds: “The City of Milpitas is a best-practice example of what can be achieved at the nexus of Smart City solutions and energy. As recognized by the Smart 50 Awards, Milpitas is amongst the few global leaders in this field and should be seen as a template for other U.S. cities as we all look to a more sustainable and fiscally responsible energy future.”

The city will host its unveiling ceremony this April 23 at 10:00 AM at the City of Milpitas Community Center parking lot at 457 E. Calaveras Blvd., Milpitas, CA, 95035. Elected officials will provide brief remarks at the outdoor socially distanced event and light refreshments will be served.

About the City of Milpitas

Located at the southern end of San Francisco Bay, Milpitas is a progressive community that is an integral part of Silicon Valley. A full-service city with water utility, sewer utility, police and fire services, Milpitas celebrates a diverse population of 80,273. Under a Council-Manager form of government, the City Council has established the following seven priority areas of service and policy: public safety, environment, transportation and transit, economic development and job growth, neighborhoods and housing, community wellness and open space, and governance and administration. For more information, visit: www.ci.milpitas.ca.gov

About ENGIE North America

ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help our customers achieve their sustainability goals as we work together to shape a sustainable future. Our comprehensive services include helping run facilities more efficiently and optimize energy and other resource use and costs; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low-carbon or renewable. ENGIE S.A. is a global organization focused on low-carbon energy and services, that relies on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. With 170,000 employees, along with its customers, partners and stakeholders, the group is committed to accelerating the transition to a carbon-neutral world through reduced energy consumption and more environmentally friendly solutions. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

Anne Smith
ENGIE North America
408-313-8089
This email address is being protected from spambots. You need JavaScript enabled to view it.

New capabilities in Element Unify increase flexibility and reduce time to value when building data models

SAN FRANCISCO--(BUSINESS WIRE)--Element, a leading software provider in IT/OT data management for industrial companies, today announced new functionality for simplified connections, knowledge graph-based modeling, and advanced joins. Together they significantly increase flexibility and speed up model development for organizations seeking to deploy digital twins or pursue industrial transformation.

The Connector Portal provides access to pre-built connectors for a range of commonly-used data sources and consuming targets, speeding analytics projects by obviating the need for manually establishing connections. The portal also provides a connector framework that developers can use to easily build their own custom connectors.

Unify Graph brings a knowledge graph approach to bear for mapping the complex data environments typical at most enterprises that data teams must operate across. It allows flexible data modeling spanning arbitrary dimensions such as processes, assets, organizations, etc. necessary for quickly building effective digital twins. With Unify Graph Element customers can more easily adopt a “think big, start small, scale fast” approach by starting small and flexibly and incrementally adding more as their needs call for, building upon existing work. The graphs can be queried and explored within Unify or exported for consumption by graph database products such as AWS Neptune or Neo4j.

The new Advanced Joins functionality enables users to combine data from various sources based on matching multiple relevant data fields and using matching approaches including fuzzy and contains matching. The fuzzy matching approach is configurable and allows the user to specify a similarity threshold for deciding matches. Advanced Joins speeds the data wrangling effort, gives the modeler a convenient and flexible method for performing useful and tighter joins, reduces record duplication and enables customers to deploy terminology standards for common assets across their business.

“The last mile of data in the world of industrials is integration and understanding the specific relationships between IT/OT data across systems,” said Andy Bane, CEO of Element. “The challenge has been figuring out how to centralize it in a way that is fast and scalable across large organizations. Not only do these new capabilities speed model development, but they reduce costs significantly for an enterprise as they seek to use the latest analytic approaches such as digital twins - and we are excited to partner with our customers and begin deploying this for the world of industrials.”

New functionality within Element Unify:

• Connector portal
  • Pre-build connectors for common data sources and consumers
  • Examples include: Amazon S3, AWS IoT SiteWise, AWS RDS SQL Server, Azure Blog, Azure SQL Database, Ignition, KEPWare
  • Connector framework to support custom connectors

• Unify Graph
  • Knowledge graph based approach
  • Supports modeling arbitrary (i.e. graph-like) relationships that are ubiquitous
  • Supports local query and visualization and export to graph databases

• Advanced joins
  • Part of Unify transformations
  • Allows joins on multiple fields
  • Supports exact, fuzzy, and contains matching

Element Unify is used by leading industrial organizations across the power, utility, food and beverage, and the consumer packaged goods sectors to collect, manage and govern their IT/OT data in support of analytics approaches such as digital twins. To learn more about how companies are using Element, please visit: https://www.elementanalytics.com/customers

The new functionality is generally available to customers within the Element Unify platform.

To learn more, please visit:

• Element Unify Connector Portal Speeds Model Development
• Unify Graph - Driving Digital Twin Development
• Advanced Join Speeds Data Model Development for Digital Twins or Advanced Analytics

About Element Analytics

Element is a leading software provider in IT/OT data management, digitally enabling operations for industrial organizations. Element Unify transforms siloed IT/OT data into context data by enabling contextualize once, compute anywhere, consume everywhere data that is used to achieve cleaner, safer, healthier, more profitable operations. Element’s customers represent over $750 billion in revenue, $500 billion in fixed assets and 450,000 employees. To learn more about Element, please visit elementanalytics.com and follow the company on LinkedIn and Twitter.

Kristen Caron
978-407-9283
This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "Testing, Inspection and Certification Market by Service Type, Sourcing Type, Application, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The global testing, inspection and certification market size was valued at $213.60 billion in 2020, and is projected to reach $349.27 billion by 2030, registering a CAGR of 5.3% from 2021 to 2030.

Testing, inspection, certification (TIC) are the services ranging from audit and inspection, to testing, verification, quality assurance and certification of the product, equipment, and others. Some of the key TIC services include quality and safety controls through conformity assessments. These help in increasing the efficiency of product and services, and minimize the risk. TIC services are applicable in oil & gas, agro industry, food industry, pharmaceuticals, and other sectors.

Increasing focus of manufacturing companies to improve customer retention by offering quality products and surging demand for interoperability testing for connected devices and IoT drive the growth of the TIC market. However, high cost of TIC services due to diverse standards and regulations across different geographies is expected to pose major threats for the TIC market. Furthermore, digital transformation of customer services and rapid adoption of breakthrough technologies are expected to offer lucrative opportunities for the growth of the global TIC market.

The TIC market is segmented on the basis of service type, sourcing type, application, and industry vertical. By service type, the market is divided into testing, inspection, and certification. By sourcing type, the market is bifurcated into in-house, and outsource. By application, the market is divided into quality and safety, production evaluation, industrial inspection, system certification, and others.

Region wise, the testing, inspection and certification market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America dominated the testing, inspection and certification market in 2020, and is projected to register significant growth rate during the forecast period, owing to growth of the food industry sector. However, Asia-Pacific is expected to witnesses significant growth by the end of the forecast period, followed by LAMEA.

Leading testing, inspection and certification market manufacturers such as ALS Global, Intertek, and SGS Group are focusing on their investments on technologically advanced, cost-effective, and more secure products and solutions for various applications.

Key Benefits

• This study comprises analytical depiction of the global testing, inspection and certification market size along with current trends and future estimations to depict imminent investment pockets.
• The overall testing, inspection and certification market analysis is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current testing, inspection and certification market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
• Porter's five forces analysis illustrates the potency of the buyers and the testing, inspection and certification market share of key vendors.
• The report includes the market trends and the market share of key vendors

Market Dynamics

Drivers

• Increase in focus of manufacturing companies to improve customer retention by offering quality products
• Surge in demand for interoperability testing for connected devices and IoT

Restraint

• High cost of TIC services due to diverse standards and regulations across different geographies

Opportunity

• Digital transformation of customer services

Key Market Segments

By Service Type

• Testing
• Inspection
• Certification

By Sourcing Type

• In House
• Outsource

By Application

• Quality and Safety
• Production Evaluation
• Industrial Inspection
• System Certification
• Other

By Industry Vertical

• Agro Industry
• Food Industry
• Pharmaceuticals
• Chemical Industry
• Oil and Gas
• Other

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Latin America
• Middle East
• Africa

Key Players

• ABS
• ALS Global
• ASTM
• BSI Group
• Bureau Veritas
• DEKRA
• DNV
• Intertek
• ISO
• Lloyds Register
• SAI Global
• SGS Group
• TUV

For more information about this report visit https://www.researchandmarkets.com/r/1p0bc9

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

SAN DIEGO--(BUSINESS WIRE)--$DFCO #BoardofDirectors--Dalrada Corporation (OTCQB: DFCO, "Dalrada") would like to thank its investors and shareholders for their ongoing support as the Company announces the appointment of Phil Marriott to its Board of Directors. An accomplished businessman and noted professional partner, Mr. Marriott brings more than 50 years of hospitality and real estate industry experience to Dalrada; Marriott International has the world's largest loyalty program. Phil Marriott's influence within multiple industries enables Dalrada and its subsidiary, Dalrada Energy Services, to immediately positively impact the global hotel and hospitality industry through its Environmental, Sustainability, and Governance (ESG) compliance offerings.

Brian Bonar, Dalrada's Chairman, and CEO, states, "Adding Phil Marriott – a visionary, proven leader, and trusted advisor – to our Board of Directors strengthens Dalrada's position, especially with sustainable hospitality. Mr. Marriott's guidance aids Dalrada in addressing one of its key goals; enabling hotels worldwide to become ESG compliant. Dalrada Energy Services is actively guiding hotels to adopt clean energy efficiencies with significant cost savings, and I am extremely pleased to welcome Mr. Marriott to our organization."

Global net-zero initiatives reveal that burning fossil fuels undeniably increases the CO₂ concentration in the atmosphere and the oceans' surface. Research in the hospitality industry shows that electricity is the most significant utility expense, followed by water/service, utility cost, and gas/fuel.

To reduce reliance on fossil fuels, Dalrada deploys a unique methodology through Dalrada Energy Services (DES) that includes Dalrada's proprietary Likido® heat pump technology. Likido®ONE heat pumps are powered by sustainable and renewable energy sources, boosting energy efficiencies by nine times more than traditional water heating methods with an estimated cost savings of 75% over fossil fuel sources.

In addition, DES' end-to-end ESG compliance solutions upgrade existing properties or design new properties without capital outlay, leverage tax credits, significantly increase property values, and create new revenue streams, including carbon credits. Results produced by DES enable property owners to achieve substantial cost savings and actualize new growth opportunities while "going green" through the adoption of ESG compliance.

Tom Giles, Dalrada Energy Services' President, states, "Mr. Marriott's background in responsible sustainability in hotels and real estate will help guide Dalrada as it expands into several markets, including clean energy. Phil Marriott's influence accelerates DES' reach into thousands of hospitality properties, providing extreme value to property owners as each ‘goes green’ by implementing ESG solutions."

Mr. Marriott's namesake company has built long-lasting partnerships that enhance growth and expansion; these relationships include many hotel owners, private and public funds/REITs, and capital partners across many asset classes, including major real estate companies like Colliers International in Salt Lake City.

Currently, the Phil Marriott Company builds teams of experienced real estate experts, property owners, capital sources, and hospitality industry leaders who can privately manage acquisitions and dispositions and provide creative capital solutions worldwide. These solutions impact land development, data centers, self-storage, adult living centers, multi-family properties, and more.

Mr. Marriott graduated from Brigham Young University with a degree in accounting. He is community-driven, with support given to Rotary International as a member. He serves on multiple boards, including Intermountain Hospital Foundation Board - Utah Valley Hospital and United Families International. Mr. Marriott has also served on boards of the following organizations:

• Brigham Young University Alumni Board
• University of Utah Marriott Library
• Utah Valley University (UVU) Foundation Board (UVSC)
• Provo City School Foundation Board

Dalrada continuously creates innovative, impactful solutions to address the complex challenges of today and the future. To learn more about Dalrada Corporation, please visit www.Dalrada.com.

About Dalrada (DFCO)

Dalrada 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. For more information, please visit www.dalrada.com.

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
This email address is being protected from spambots. You need JavaScript enabled to view it.

CHICAGO--(BUSINESS WIRE)--Across the six Exelon (Nasdaq: EXC) utilities in 2021, customers again experienced a year of historically strong electric service reliability as a result of the company's strategic investments in energy grid resiliency and modernization, coupled with a commitment to operational excellence and affordability. Exelon’s results emphasize the importance of hardening the grid against the effects of climate change to counter the trend of decreasing grid reliability identified in a recent Associated Press study.

“We’re proud that Exelon’s utilities have turned in a year of exceptionally strong reliability in our service territories, even as evidence suggests that the grid is even more challenged by increasingly extreme weather events,” said Calvin Butler, Exelon’s Chief Operating Officer. “Our company and employees are committed to serving our customers with excellence and creating a stronger, modernized grid to stand up against the effects of climate change. Not only are we responding to the effects of climate change on the grid today, we also are committed to reducing the impact of our operations by cutting our operational emissions in half by the end of this decade and achieving net-zero operational emissions by 2050.”

Highlights of 2021 electric service reliability performance across Exelon include:

Atlantic City Electric customers experienced the lowest frequency of electric outages ever. The frequency of outages has improved by 60 percent over the last 10 years.

BGE customers experienced the second-lowest frequency of interruptions in the company's history. Since 2010, the number of electric outages has decreased 45 percent and outage length has been reduced by 37 percent.

ComEd delivered some of its highest levels of year-over-year reliability. Since grid improvements began in 2011, overall reliability has improved 68 percent and ComEd has avoided more than 17 million outages for customers, saving more than $3 billion in outage costs. In the first three months of this year, ComEd customers experienced the most reliable service of any year on record.

Delmarva Power customers in Maryland experienced the lowest frequency of electric outages and the fastest service restoration times, on average, in the company's history. The average number of outages for customers in Delaware was almost 41 percent lower than in 2011, and restoration times were the fastest in the company's history.

In 2021, PECO invested over $1 billion in reliability-focused infrastructure improvements to help prevent customer outages, modernize the electric grid and promote adoption of clean energy options. PECO’s modernized grid saved over 1 million customers from experiencing an outage in 2021.

Pepco customers in Maryland experienced the lowest frequency of electric outages ever. District of Columbia customers experienced the second lowest frequency of electric outages ever, just shy of the record set in 2020. Over the past decade, the frequency of electric outages Pepco customers have experienced has decreased 69 percent.

Across Exelon, service reliability for customers continues to improve despite an increasing threat of severe weather--the primary cause of widespread, protracted outages. For example, six of the 10 most damaging storms ever to hit PECO's service territory have occurred in the last decade, and an August 2020 storm in northern Illinois was so intense nearly one in four ComEd customers lost power (crews restored service to more than 500,000 customers within a day).

Significant, targeted investments are making the electric grid more resilient to these powerful storms and other events that affect reliability.

• Battery storage, like ACE's Beach Haven Battery Storage Project, eases the strain of peak demand and provides backup power;
• Transmission system upgrades, like BGE's TSREP, increase reliability and ease congestion;
• Automated equipment installations, like those recently showcased by ComEd and PECO, quickly reroute power around faults;
• Substation modernization, like Delmarva Power's Chestertown Substation Reliability Project, helps meet the current and future energy needs of area residents and businesses; and
• Distribution equipment undergrounding, like Pepco's D.C. PLUG initiative with the District Department of Transportation, better protects vulnerable systems.

The full breadth of this and other reliability work at Exelon is vast, and the company plans to invest $29 billion over the next four years to further improve service.

More information about Exelon's utilities is available at exeloncorp.com.

About Exelon

Exelon (Nasdaq: EXC) is a Fortune 200 company and the nation’s largest utility company, serving more than 10 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). More than 18,000 Exelon employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow Exelon on Twitter @Exelon.

Liz Keating
Corporate Communications
This email address is being protected from spambots. You need JavaScript enabled to view it.
312-394-7417 Exelon Media Hotline

HOUSTON--(BUSINESS WIRE)--PNC Bank, National Association, as the trustee (the “Trustee”) of the San Juan Basin Royalty Trust (the “Trust”) (NYSE: SJT), today declared a monthly cash distribution to the holders (the “Unit Holders”) of its units of beneficial interest (the “Units”) of $ 3,863,096.64 or $0.082883 per Unit, based primarily upon the reported production of the Trust’s subject interests (the “Subject Interests”) during the month of February 2022. The distribution is payable May 13, 2022, to the Unit Holders of record as of April 29, 2022.

For the production month of February 2022, the owner of the Subject Interests, Hilcorp San Juan L.P. and the operator of the Subject Interests, Hilcorp Energy Company (collectively, “Hilcorp”), reported to the Trust net profits of $5,337,442 ($4,003,081 net royalty amount to the Trust).

Hilcorp reported $8,715,985 of total revenue from the Subject Interests for the production month of February 2022. This amount includes other revenues of $127,721, consisting of $97,895 of prior period non-operated revenue actualizations and related interest and $29,826 of revenue related to 2019 audit exceptions and interest. Hilcorp advised the Trust that it has now completed the actualizations on non-operated activity. For the Subject Interests, Hilcorp reported $3,378,543 of production costs for the production month of February 2022, consisting of $2,203,831 of lease operating expenses, $1,092,574 of severance taxes and $82,139 of capital costs.

Based upon the information that Hilcorp provided to the Trust, gas volumes for the Subject Interests for February 2022 totaled 1,806,354 Mcf (2,007,060 MMBtu), as compared to 1,986,976 Mcf (2,207,751 MMBtu) for January 2022. Production volumes were lower in February due to seasonal operational factors related to weather and temperature. Dividing revenues by production volume yielded an average gas price for February 2022 of $4.70 per Mcf ($4.23 per MMBtu), as compared to an average gas price for January 2022 of $5.42 per Mcf ($4.88 per MMBtu).

Production from the Subject Interests continues to be gathered, processed, and sold under market sensitive and customary agreements, as recommended for approval by the Trust’s Consultant. The Trustee continues to engage with Hilcorp regarding its ongoing accounting and reporting to the Trust, and the Trust’s third-party compliance auditors continue to audit payments made by Hilcorp to the Trust, inclusive of sales revenues, production costs, capital expenditures, adjustments, actualizations, and recoupments disclosed in the February 2022 Distribution Report. The Trust’s auditing process has also included detailed analysis of Hilcorp’s pricing and rates charged. As previously disclosed in the Trust’s filings, these revenues and costs (along with all costs) are the subject of the Trust’s ongoing comprehensive audit process by our professional consultants and outside counsel to ensure full compliance with all the underlying operative Trust agreements and evaluating all available potential remedies in the event there is evidence of non-compliance.

Except for historical information contained in this news release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements generally are accompanied by words such as “estimates,” “anticipates,” “could,” “plan,” or other words that convey the uncertainty of future events or outcomes. Forward-looking statements and the business prospects of San Juan Basin Royalty Trust are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, certain information provided to the Trust by Hilcorp, volatility of oil and gas prices, governmental regulation or action, litigation, and uncertainties about estimates of reserves. These and other risks are described in the Trust’s reports and other filings with the Securities and Exchange Commission.

San Juan Basin Royalty Trust

PNC Bank, National Association
PNC Asset Management Group
2200 Post Oak Blvd., Floor 18
Houston, TX 77056
website: www.sjbrt.com
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

James R. Wilharm, Senior Vice President and Director of Trust Real Estate Services
Kaye Wilke, Investor Relations, toll-free: (866) 809-4553

New microgrid will keep aerial firefighting base energized to help protect rural communities from fires year-round

Project B-roll available here

SAN DIEGO--(BUSINESS WIRE)--San Diego Gas & Electric (SDG&E) has completed the Ramona microgrid, one of four planned microgrids within the High Fire Threat District. The Ramona facility will provide backup power to the Ramona Air Attack Base, home to CAL FIRE and U.S. Forest Service’s aerial firefighting assets dedicated to protecting rural communities. The microgrid produces zero emissions as it’s powered by 500/kW/2000kWh of battery storage. It was built in collaboration with the two agencies and is part of the SDG&E’s ongoing commitment to keep essential resources powered during Public Safety Power Shutoffs (PSPS) and other emergency situations.

“As climate conditions continue to worsen, it’s imperative that we develop innovative solutions to support the continuity of essential resources, particularly our region’s emergency response resources, so they are ready for deployment at any moment,” said SDG&E CEO Caroline Winn. “The completion of the Ramona microgrid is a milestone in our ongoing partnership with CAL FIRE and the U.S. Forest Service as we work to make our electric system safer, cleaner and more reliable.”

“We are grateful for the strong working relationship we have with SDG&E. It gives us peace of mind to have backup power for a critical facility like the Ramona Air Attack Base, especially given the fact that fire season in California has become year-round,” said CAL FIRE/San Diego County Fire Chief Tony Mecham.

Microgrids are small power grids that can operate in parallel or independently of the larger electric grid to keep pre-defined areas or community resources powered during emergencies. In 2013, SDG&E built the first utility-scale microgrid in the U.S. in Borrego Springs, CA. The company is working to add three more microgrids to help lessen the impact of PSPS and support community resilience by keeping critical facilities energized.

“The U.S. Forest Service depends on the Ramona Air Attack Base to protect communities within and adjacent to the Cleveland National Forest. The ability to use aircraft to help suppress catastrophic wildfires is a critical tool in our fire suppression toolbox. Successful fire suppression not only helps safeguard the people and property in local communities, it also helps protect important watersheds, sensitive wildlife habitats and cultural resources,” said Scott Tangenberg, Forest Supervisor. “Equally important as fire suppression, the prevention of wildfires additionally helps reduce carbon emissions and lung-damaging air pollution – both of which contribute to negative health and climate impacts.”

CAL FIRE staffs the Ramona Air Attack Base year-round with one OV-10A Bronco tactical aircraft and two S-2T airtankers. These aircraft support wildland fire suppression locally and can be requested to assist with fires throughout California. Additionally, the base houses the U.S. Forest Service’s Bell 205 A++ helicopter and crew, which serves the Cleveland National Forest and can also be mobilized to help throughout the State of California. During fire incidents in San Diego County, the Ramona Air Attack Base serves as the hub for fixed wing aircraft that are assigned to the incident.

Microgrids are just one of many wildfire mitigation projects included in SDG&E’s Wildfire Mitigation Plan (WMP) filed annually with the California Public Utilities Commission. In accordance with Senate Bill 901, the WMP outlines the ongoing practices and additional improvements SDG&E will make beyond investments already made to combat the effects of climate change and year-round wildfire threats. For more information on SDG&E’s 2021 WMP, please visit SDGE.com/2021-Wildfire-Mitigation-Plan.

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 natural gas pipelines; 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.

Alex Welling
San Diego Gas & Electric
877-866-2066
This email address is being protected from spambots. You need JavaScript enabled to view it.
Twitter: @sdge

EUCLID, Ohio--(BUSINESS WIRE)--#completiontools--Terves today announced that the United States Patent and Trademark Office (USPTO) has issued a final decision confirming dozens of claims in Terves’ U.S. Patent No. 10,329,653 as patentable. The USPTO decision is final and not appealable. The patent covers Terves’ TervAlloy dissolvable metal, which is used to construct fracking tools that can be dissolved inside the well after well completion.

The reexamination sprung from Terves’ ongoing patent lawsuit against an importer of dissolvable magnesium from China, Ecometal Inc. Ecometal’s counsel filed a reexamination petition, arguing that a Chinese patent disclosed Terves’ breakthrough dissolvable magnesium invention first. Ecometal presented the USPTO with hundreds of pages of arguments and expert opinions, urging the USPTO to revoke the Terves’ patent.

The USPTO rejected Ecometal counsel’s evidence. The USPTO agreed entirely with Terves, concluded the Chinese patent was different from Terves’ patented invention, and confirmed in reexamination that the Terves’ patent is valid and was correctly issued.

Terves’ CEO, Andrew Sherman, states “Terves respects and appreciates the USPTO’s ruling confirming our position all along – Terves was the first to invent this game-changing dissolvable magnesium technology.”

About Terves

Terves is the technology and cost leader in the development, manufacturing and sale of Engineered Response™ smart materials for the oil and gas industry. Terves’ intelligent materials sense and respond to their local wellbore environment to “do more”, such as dissolve, change dimensions, generate force or heat, destroy chemicals or bacteria, bond together, or solubilize and disperse based on change in time, temperature, pressure, PH, electrostatic charge, or other change in the local environment.

Terves is the leading manufacturer of dissolvable metals and dissolvable elastomers that are used for making frac balls, plugs, slips, seals and several other components used in oil and gas well completion and production; and have been used for completing tens of thousands of stages in North America, Europe, South America, Asia and MENA regions. Terves is a strong materials science research-based and product-focused organization that works with oil and gas majors, operators, EPCs and OEMs to develop and commercialize compelling technologies, products and capabilities for critical challenges in oil and gas exploration, production and completion operations.

Follow-Us On:
LinkedIn
Twitter
Facebook

Join our Contact List:
<Get our press releases, newsletters and updates delivered to your email inbox>

Anupam Ghildyal
This email address is being protected from spambots. You need JavaScript enabled to view it.

LEBANON JUNCTION, Ky.--(BUSINESS WIRE)--Synthica Energy, LLC announced today it has entered the permitting phase of development for a new anaerobic digestion facility in the heart of Kentucky’s famed distillery region. The facility will focus on converting distillery byproducts (stillage) from Kentucky’s growing bourbon industry into Renewable Natural Gas (RNG).

Synthica’s facility is being developed on a 40-acre industrial property at the intersection of South Preston Highway and I-65 in the City of Lebanon Junction, Kentucky, approximately 30 miles south of Louisville. The project is expected to be completed in late 2024 and will process approximately 200,000 tons of bourbon stillage and food waste from producers across the region. The facility will use Synthica’s “Urban Friendly Digestion” technology, while diverting food waste that otherwise takes up space in landfills and releases greenhouse methane into the atmosphere.

One of the largest food waste anaerobic digesters in the U.S., Synthica’s facility will generate carbon negative RNG, which will help consumers reach their net carbon reduction goals. Recently, analysts have predicted a 45-fold increase in U.S. demand for RNG over the next two decades.

“Bourbon distilleries in Kentucky have ambitious growth goals, with over $5 billion in expansion currently underway,” said Sam Schutte, Synthica CEO. “However, existing outlets for distillery byproducts – which are sometimes produced at a 20-to-1 ratio to bourbon output – are inconvenient, seasonal, and face competition from the growth in ethanol, biodiesel, and other animal feed-generating industries. Without large-scale, affordable outlets for these byproducts, the growth of Kentucky distilleries will be stunted. As the largest AD facility in the state of Kentucky, Synthica’s facility will help relieve this pressure and allow for faster growth and more bourbon production. As fans of bourbon, we can all agree this is a good thing.”

About Synthica Energy

Synthica Energy is an anaerobic digestion and renewable natural gas development company focused on the creation of organics-to-energy facilities in underserved markets. Synthica previously announced in August 2021 that it entered a partnership to develop renewable natural gas projects in Ohio and Kentucky with UGI Energy Services, LLC, a division of UGI Corporation (NYSE: UGI). The partnership’s first Anaerobic Digestion project is being developed in the Cincinnati region (“Synthica St. Bernard”).

To learn more, visit https://synthica.com.

Media Contact: Valerie McDonough – 513-268-6688 – This email address is being protected from spambots. You need JavaScript enabled to view it.

Dolby Family Ventures Commits to Groundbreaking Propeller Technology

DETROIT--(BUSINESS WIRE)--Sharrow Engineering LLC, a company that has developed groundbreaking propeller technology, with more than 70 Patents worldwide, announces investment from Dolby Family Ventures, a technology venture firm dedicated to funding innovation. This new commitment advances Sharrow Engineering’s efforts to rapidly deliver a more efficient propeller technology to boat motors and, ultimately, other propeller-driven systems.

Dolby Family Ventures believes the Sharrow technology could transform an industry. “Sharrow Marine ushers in a new era of environmentally conscious boating with a design platform that results in higher performance and efficiency with lower fuel consumption. The Sharrow propeller offers safety, stability, improved planing, and displacement performance while reducing vibration, cavitation, and noise. The entire marine industry will benefit from these developments,” said David Dolby, CEO of Dolby Family Ventures.

Sharrow Engineering launched its first subsidiary company, Sharrow Marine LLC in 2020 and won the coveted 2020 Miami International Boat Show Innovation Award. Since then, Sharrow Engineering has made significant investments in manufacturing facilities just outside Detroit to meet the rapidly-expanding worldwide demand for the Sharrow Propeller and has plans to more than triple manufacturing output by early 2023.

“We couldn’t ask for a more ideal partner than Dolby Family Ventures," said Greg Sharrow, President, and CEO of Sharrow Engineering and Sharrow Marine. “The Dolby name is recognized worldwide as the visionary leader in sound enhancement and noise reduction for audio recordings, starting with music. And our propeller technology is based on a silent drone blade that I developed while working as an Executive Producer and Director in the video and music industry to capture enhanced drone shots where noise is a critical factor. Together, we will accelerate bringing the Sharrow Propeller technology to a much larger customer base through the marine industry and other propeller driven market segments.”

The Sharrow Propeller™ has undergone extensive third-party testing, including independent testing by BoatTEST. Advantages cited by BoatTEST and others of the new Sharrow Propeller™ include:

• More command of the vessel when docking
• Planes at 500-1000 lower RPM
• Significant speed increase at mid-range RPMs
• As much as 30% more efficient between 2500-4000 RPM
• Provides up to 30% greater range
• Noticeably less vibration
• Up to 50% more reverse thrust
• Quieter at planing speeds
• Superior handling in tight turns at high speeds

About Sharrow | www.sharrowengineering.com
Engineering LLC - a nautical and aeronautical engineering company dedicated to the research and development of revolutionary high-performance propulsion technologies for the maritime and aeronautical industries. Company offices are headquartered in Detroit, with additional offices in Philadelphia, PA. Sharrow Engineering LLC has assembled a team of the world’s top aeronautical, nautical, aerospace, and mechanical engineers to assist with the company’s core mission to reinvent the methodologies and technologies used for propulsion in the 21st century.

Over 100 U.S. and international patent applications have been filed with the U.S. Patent and Trademark Office (USPTO) and foreign patent offices to protect the intellectual property rights for the Sharrow Propeller™. Already, over 70 patents have been awarded in the U.S., Australia, Canada, Chile, China, Europe (14 countries), Japan, Mexico, New Zealand, South Korea, Russia, and Taiwan. – with many other patent applications pending in countries around the globe.

About Dolby Family Ventures | www.dolbyventures.com
Dolby Family Ventures is an early-stage venture firm focused on building great technology companies. We partner with best-in-class innovators and strong investment syndicate partners at the seed stage of a company’s development. Unlike many seed investors, we intend to continue to invest across future rounds in our successful portfolio companies.

The fund honors the legacy of Ray Dolby and his commitment to engineers and their vision to solve the world’s toughest problems. Dolby Family Ventures formalizes the Dolby family’s ongoing multi-generational commitment to supporting talented entrepreneurs.

We work actively with entrepreneurs to implement best practices in operational finance, strategy, and board development processes

Media: Matt Friedman 248-762-1430 This email address is being protected from spambots. You need JavaScript enabled to view it.

• First Quarter 2022 Revenue: $3.49 billion; up 33%
• First Quarter 2022 Operating Income: $334.3 million; up 61%
• First Quarter 2022 EPS: $2.29 vs. $1.37

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2022 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $243.3 million, or diluted earnings per share of $2.29 versus first quarter 2021 net earnings of $146.6 million, or $1.37 per diluted share.

Total operating revenue for the current quarter was $3.49 billion compared with $2.62 billion for the first quarter 2021. All segments contributed to the year-over-year increase in revenue. Truckload (JBT) and Integrated Capacity Solutions™ (ICS) grew revenue 77% and 29% year-over-year, respectively, as both segments were able to source capacity for customers by leveraging the talents and skills of our people and our investments in technology across the organization, including the Marketplace for J.B. Hunt 360°^®. Intermodal (JBI) revenue grew 36%, driven by a 28% increase in revenue per load and complimented with a 7% increase in load volume. Dedicated Contract Services^® (DCS^®) revenue grew 28% as a result of a 20% increase in average revenue producing trucks and a 6% increase in fleet productivity versus the prior year period. Final Mile Services^® (FMS) revenue increased 8% as strong demand for services in the segment were offset by supply-chain related challenges in most of the primary markets served. Current quarter total operating revenue, excluding fuel surcharge revenue, increased approximately 27% versus the first quarter 2021.

Total freight transactions in the Marketplace for J.B. Hunt 360 increased 36% to $600 million in the first quarter 2022 compared to $443 million in the prior year quarter. ICS revenue on the platform increased 20% to $430 million versus a year ago. JBT and JBI executed approximately $116 million and $54 million, an increase of 125% and 68% respectively, of their third-party dray, independent contractor and power-only capacity through the platform during the quarter.

Operating income for the current quarter increased 61% to $334.3 million versus $207.7 million for the first quarter 2021. Operating income increased from first quarter 2021 primarily due to higher volumes, customer rate and cost recovery efforts, and further scaling of investments in our people and technology, in addition to an approximately $18 million increase in gains on the sale of equipment year-over-year. These items were partially offset by increases in rail and truck purchased transportation costs, professional driver and non-driver wages and benefits, hiring and recruiting expense, and implementation costs for newly awarded business in both DCS and FMS segments.

Net interest expense for the current quarter increased approximately 5% from first quarter 2021 due to higher effective interest rates on our debt.

The effective income tax rate decreased to 24.4% in the current quarter compared to 25.1% in the first quarter 2021. We continue to expect our 2022 annual tax rate to be between 24.0% and 25.0%.

Segment Information:

Intermodal (JBI)

• First Quarter 2022 Segment Revenue: $1.60 billion; up 36%
• First Quarter 2022 Operating Income: $201.0 million; up 87%

Intermodal volumes increased 7% over the same period in 2021. Eastern network loads increased 10%, while transcontinental loads increased 5%. Volumes early in the quarter were negatively impacted by network fluidity issues attributable to labor challenges within the activities of our rail providers and customers, as well as our internal operations largely as a result of COVID-related disruptions. As the quarter progressed, volume levels strengthened as customer unloading activity improved, although rail network velocity continued to govern our ability to capitalize on even greater intermodal demand. Segment gross revenue increased 36% from the prior year period, reflecting the 7% increase in volume and a 28% increase in gross revenue per load, resulting from changes in the mix of freight, customer rates, and fuel surcharge revenues. Revenue per load excluding fuel surcharge revenue was up 21% year-over-year.

Operating income increased 87% in the first quarter from higher customer rate and cost recovery efforts and approximately $14 million of increased gains on the sale of equipment compared to the prior year period. Rate and cost recovery efforts were partially offset by higher rail and third-party dray purchased transportation costs, increases in professional driver and non-driver wages and benefits, higher driver-recruiting costs, as well as costs stemming from inefficiencies in the rail and port networks. During the period, we successfully onboarded approximately 4,350 new pieces of trailing equipment. We ended the quarter with approximately 109,300 containers and 6,340 power units in the dray fleet.

Dedicated Contract Services (DCS)

• First Quarter 2022 Segment Revenue: $741 million; up 28%
• First Quarter 2022 Operating Income: $77.1 million; up 4%

DCS revenue increased 28% during the current quarter over the same period 2021. Productivity (revenue per truck per week) increased approximately 6% versus the prior period. Productivity excluding fuel surcharge revenue was flat from a year ago driven by increases in contracted indexed-based price escalators, offset by lower productivity of equipment on start-up accounts, COVID-related labor disruptions early in the quarter, and a greater number of open trucks as a result of a tight labor market. A net additional 2,221 revenue producing trucks were in the fleet by the end of the quarter compared to the prior year period, and a net additional 483 versus the end of the fourth quarter 2021. Customer retention rates remain above 98%.

Operating income increased 4% from the prior year quarter. Benefits from higher revenue and contracted indexed-based price escalators were mostly offset by increases in professional driver and non-driver wages and benefits, higher driver-recruiting costs, productivity headwinds due to COVID-related labor disruptions, and other costs related to the implementation of new, long-term contractual business.

Integrated Capacity Solutions (ICS)

• First Quarter 2022 Segment Revenue: $675 million; up 29%
• First Quarter 2022 Operating Income: $25.0 million; up 243%

ICS revenue increased 29% in the current quarter versus the first quarter 2021. Overall segment volumes increased 12% with truckload volumes increasing 15% versus the prior year period. Revenue per load increased 14% compared to the first quarter 2021 due to higher contractual and spot rates in our truckload business as well as changes in customer freight mix. Contractual volumes represented approximately 53% of the total load volume and 43% of the total revenue in the current quarter compared to 49% and 35%, respectively, in first quarter 2021. Of the total reported ICS revenue, approximately $430 million was executed through the Marketplace for J.B. Hunt 360 compared to $359 million in first quarter 2021.

Operating income increased 243% to $25.0 million compared to $7.3 million in the first quarter 2021. Benefits from higher revenue and gross margin were partially offset by higher personnel salary and wages, and further investments into platform infrastructure and development. Gross profit margins increased to 13.0% in the current period versus 12.4% in the prior period. ICS carrier base increased 36% year-over-year.

Truck (JBT)

• First Quarter 2022 Segment Revenue: $264 million; up 77%
• First Quarter 2022 Operating Income: $31.5 million; up 210%

JBT revenue increased 77% as compared to the same period in the previous year. Revenue excluding fuel surcharge revenue increased 72% primarily due to increased load volume and higher revenue per load excluding fuel surcharge revenue. Volume for JBT was up 17% year-over-year as total trailer count increased by approximately 3,000 units, or 36% versus the prior year period. Trailer turns in the quarter were down 13% from the prior period due to the onboarding of new trailers, freight mix and customer detention of equipment. Revenue per load excluding fuel surcharge revenue was up 47% on a 10% increase in length of haul. Both mix and same-store rate increases contributed to the increase in revenue quality.

JBT operating income increased 210% to $31.5 million versus $10.2 million in the first quarter 2021. JBT continues to leverage the J.B. Hunt 360 platform to grow power capacity and capability for the J.B. Hunt 360box^® service offering. Benefits from higher volume and revenue quality led to an improvement in contribution margins across the segment. These benefits were partially offset by higher purchased transportation expense, trailer parts and maintenance costs, and continued technology investments to build out 360box.

Final Mile Services (FMS)

• First Quarter 2022 Segment Revenue: $218 million; up 8%
• First Quarter 2022 Operating Income/(Loss): $(0.2) million; compared to $8.5 million in Q1’21

FMS revenue increased 8% compared to the same period 2021 driven by the addition of multiple customer contracts implemented over the last year and complemented by the previously announced acquisition of Zenith Freight Lines that closed at the end of February. Revenue growth in the quarter was partially offset by supply-chain related constraints for goods in the primary markets served, in addition to internal efforts to improve revenue quality across certain accounts. FMS revenue increased 3% over the prior year period excluding the March acquisition, which contributed approximately $10 million to segment revenue in the quarter.

Operating income decreased to an operating loss of $0.2 million from $8.5 million of operating income in the prior year quarter. Higher revenue was more than offset by increases in professional driver and non-driver wages and benefits, implementation costs for newly awarded business, third-party contract carrier expense, driver-recruiting costs, and professional fees related to the Zenith acquisition.

Cash Flow and Capitalization:

At March 31, 2022, we had a total of $1.30 billion outstanding on various debt instruments which is comparable to the total debt levels at December 31, 2021.

Our net capital expenditures for the first quarter 2022 approximated $289 million compared to $86 million for the first quarter 2021. At March 31, 2022, we had cash and cash equivalents of $145 million.

In the first quarter 2022, we purchased approximately 382,000 shares of common stock for approximately $75 million. At March 31, 2022, we had approximately $276 million remaining under our share repurchase authorization. Actual shares outstanding at March 31, 2022, approximated 104.8 million.

Conference Call Information:

The Company will hold a conference call today from 4:00–5:00 pm CDT to discuss the quarterly earnings. Investors will have the opportunity to listen to the conference call live over the internet by going to investors.jbhunt.com. Please log on 15 minutes early to register, download and install any necessary audio software. For those who cannot listen to the live broadcast, an online replay of the earnings call webcast will be available a few hours after the completion of the call.

Forward-Looking Statements:

This press release may contain forward-looking statements, which are based on information currently available. Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 1A of our Annual Report filed on Form 10-K for the year ended December 31, 2021. We assume no obligation to update any forward-looking statement to the extent we become aware that it will not be achieved for any reason. This press release and additional information will be available to interested parties on our website, www.jbhunt.com.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com

Brad Delco
Senior Vice President – Finance
(479) 820-2723

Six ERCOT projects will contribute over 900 MWh to the Texas grid and will reach commercial operation in 2023

HOUSTON--(BUSINESS WIRE)--Broad Reach Power LLC (“Broad Reach”), an independent power producer based in Houston, Texas, which owns a 21-gigawatt (GW) portfolio of utility-scale wind, solar and energy storage power projects, today announced it has advanced its ERCOT portfolio through the procurement of over 900 megawatt-hour (MWh) of battery systems from Contemporary Amperex Technology Co., Limited (CATL), the global leader in lithium-ion battery development and manufacturing. The company plans to install these systems in six projects in Texas in 2023.

“This battery purchase continues our focus and progress towards the scale Broad Reach plans to achieve in ERCOT and other markets in the U.S. Our mission is to keep the grid clean, affordable and reliable. We look forward to working with CATL on these projects,” says Doug Moorehead, Chief Operating Officer at Broad Reach.

“Cooperation between CATL and Broad Reach in energy storage started a long time ago. By further leveraging CATL’s innovative battery technologies and Broad Reach’s capabilities and network in the renewable energy industry, we will further facilitate the energy transition and the drive toward carbon neutrality in Texas and the U.S.,” said Tan Libin, President of Energy Storage at CATL.

This is the second large transaction between the companies. In 2021, Broad Reach installed 200 MWh of CATL equipment in its Bat Cave and North Fork projects, both now operating in ERCOT.

About Broad Reach Power

Broad Reach Power (“Broad Reach”) is the leading utility-scale storage platform in the United States. Based in Houston, Texas, Broad Reach is backed by leading energy investors, EnCap Investments L.P., Apollo Global Management, Yorktown Partners and Mercuria Energy. The Company owns a 21 GW portfolio of utility-scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, giving utilities, generators and customers access to technological insight and tools for managing merchant power risk so they can better match supply and demand. For more information about the company, visit www.broadreachpower.com.

About CATL

Contemporary Amperex Technology Co., Limited (CATL) is a global leader in new energy innovative technologies, committed to providing premier solutions and services for new energy applications worldwide. In June 2018, the company went public on the Shenzhen Stock Exchange with stock code 300750. According to SNE Research, in the year 2021, CATL's EV battery consumption volume ranked No.1 in the world for five consecutive years. CATL also enjoys wide recognition by global OEM partners. To achieve the goal of realizing fossil fuel replacement in stationary and mobile energy systems with highly efficient electrical power systems that are generated through advanced batteries and renewable energy, and promote the integrated innovation of market applications with electrification and intelligentization, CATL maintains continuous innovation in four dimensions including material and electrochemistry system, structure system, extreme manufacturing and business model. For more information, please visit http://www.catl.com

For Broad Reach Power:
Morgan Moritz
Pierpont Communications
This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.031500 per unit, payable on May 16, 2022 to unitholders of record on April 29, 2022. The net profits interest calculation represents reported oil production for the month of January 2022 and reported natural gas production during December 2021. The calculation includes accrued costs incurred in February 2022.

The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations.

Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled $3.5 million for the current month on realized wellhead prices of $74.79/Bbl, up $0.5 million from the prior month distribution period.

Recorded natural gas cash receipts from the Underlying Properties totaled $1.1 million for the current month on realized wellhead prices of $4.09/Mcf, down $0.3 million from the prior month distribution period.

Total accrued operating expenses for the period were $2.4 million, an increase of $0.1 million from the prior period. Capital expenditures decreased $0.7 million from the prior period to $0.2 million.

Given the increase in rig count and operator activity on the Underlying Properties, COERT Holdings 1 LLC (the “Sponsor”), is withholding $0.5 million from the current month’s net profits to be added to the cash reserve for approved, future development expenses this year. To date, the Sponsor has established a total reserve of approximately $0.8 million for approved development expenses this year. This reserve is intended to fund an expected increase in development expenses; however, if those expenses are ultimately delayed or are less than expected, or if the outlook changes, amounts reserved but unspent will be released as an incremental cash distribution in a future period.

About Permianville Royalty Trust

Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission (the “SEC”), the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.permianvilleroyaltytrust.com.

Forward-Looking Statements and Cautionary Statements

This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from the Sponsor with respect to the relevant period. The amount of such cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by the volatility in commodity prices, which have experienced significant fluctuation since the beginning of 2020 as a result of a variety of factors that are beyond the control of the Trust and the Sponsor. Low oil and natural gas prices will reduce profits to which the Trust is entitled, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders. Other important factors that could cause actual results to differ materially include expenses of the Trust, reserves for anticipated future expenses and the effect, impact, potential duration or other implications of the COVID-19 pandemic. In addition, future monthly capital expenditures may exceed the average levels experienced in 2021 and prior periods. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 25, 2022. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.

Permianville Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell 1 (512) 236-6555

Novel Aerogel technology AlkeGel™ makes a step change in product performance and versatility to meet demanding thermal conductivity requirements in EV battery and industrial thermal insulation.

BUFFALO, N.Y.--(BUSINESS WIRE)--Alkegen, a leading specialty materials platform creating transformational materials, today introduced its latest proprietary technology, AlkeGel™ by Alkegen. AlkeGel is a next generation flexible aerogel material designed for electric vehicle and battery fire protection applications, along with other industrial thermal management uses. AlkeGel from Alkegen offers exceptionally low thermal conductivity and dustiness, superior thermal performance and a reduction in insulation thicknesses compared to competing insulation products.

AlkeGel is Alkegen’s first step into fiber-based aerogel composite materials for critical applications in battery and electric vehicle safety, fire protection and industrial thermal management segments. Alkegen is the new company launched in January following the acquisition of Lydall Materials by Unifrax. Alkegen is a one-of-a-kind specialty materials platform dedicated to human health and sustainability. Alkegen is a global leader in transformative high growth battery technologies, filtration media and specialty insulation with a deep history of vertically integrated manufacturing at large scale to provide solutions for advanced industries including electric vehicles, filtration, aerospace, and chemical processing. The company expects production for AlkeGel materials to come online in mid-2022 with plans to build thousands of tons of long-term manufacturing capacity.

”AlkeGel is the latest development from our long-standing tradition of innovating unique material technologies to create superior new products and solutions for our customers’ greatest challenges,” explained Chad Cannan, Senior Vice President and Chief Innovation Officer at Alkegen. “These composite aerogel materials offer excellent insulation properties, and include advanced proprietary technology features we’ve developed with our novel aerogel process. AlkeGel creates performance advantages for our customers in terms of improved product handling, a wide range of shapes and sizes and step change EV fire safety relative to other high performance insulations on the market today. Alkegen’s AlkeGel technology coupled with the broadest set of large scale global end product forming and finishing operations marks a new horizon for these exciting materials,” said Cannan.

“This transformational aerogel portfolio presents numerous opportunities for Alkegen with applications spanning EV lithium ion battery protection, cryogenic applications along with the broader industrial and fire protection markets. AlkeGel products add to our complete portfolio of robust electric vehicle and battery solutions which include AGM separator materials, novel silicon anode materials, lithium ion glass separators, interstitial thermal runaway barriers, and battery compartment fire protection systems,” added John Dandolph, President and CEO of Alkegen.

Alkegen will be available to discuss their innovative new aerogel materials during the 2022 AABC Europe Show June 13, in Mainz, and The Battery Show June 28, in Stuttgart, Germany. Interested attendees can sign up for sessions with our Alkegen Battery Group experts to meet during the conferences by contacting us at This email address is being protected from spambots. You need JavaScript enabled to view it..

About Alkegen

Alkegen, formerly Unifrax and Lydall Materials, creates high performance specialty materials used in advanced applications including electric vehicles, energy storage, filtration, fire protection and high-temperature insulation, among many others. Alkegen products are designed with the ultimate goal of saving energy, reducing pollution, and improving safety for people, buildings and equipment by delivering on our mission of helping the world breathe easier, live greener and go further than ever before. Alkegen has 75 manufacturing facilities operating in 12 countries and employs 9,000+ employees globally. More information is available at www.alkegen.com.

About Clearlake

Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.^® The firm’s core target sectors are industrials, technology and consumer. Clearlake currently has approximately $30 billion of assets under management and its senior investment principals have led or co-led over 300 investments. The firm has offices in Santa Monica and Dallas. More information is available at www.clearlake.com and on Twitter @ClearlakeCap.

Media:

For Alkegen:
Deborah L. Myers
Director, Marketing Communication
This email address is being protected from spambots. You need JavaScript enabled to view it.
716.768.6465

For Clearlake:
Jennifer Hurson
This email address is being protected from spambots. You need JavaScript enabled to view it.
845-507-0571

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its first quarter 2022 earnings information on Tuesday, May 3, 2022, and will also host a conference call with analysts and investors at 10:30 am (ET). A brief Q&A session for ETRN security analysts will immediately follow the results discussion.

Call Access: An audio live stream of the call will be available on the internet, and participants are encouraged to pre-register online, in advance of the call, at ETRN Q1 2022 Webcast. A link to the audio live stream will be available on the Investors page of ETRN’s website the day of the call.

Security Analysts :: Dial-In Participation
To participate in the Q&A session, security analysts may access the call in the U.S. tollfree at (888) 330-3573; and internationally at (646) 960-0677. The ETRN conference ID is 6625542.

All Other Participants :: Webcast Registration
Please Note: For optimal audio quality, the webcast is best supported through Google Chrome and Mozilla Firefox browsers.

An updated investor presentation will be available on ETRN’s Investor Relations website the day of the call.

Call Replay: For 14 days following the call, an audio replay will be available at (800) 770-2030 or (647) 362-9199. The ETRN conference ID is 6625542.

About Equitrans Midstream Corporation

Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.

For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.

Source: Equitrans Midstream Corporation

Analyst/Investor inquiries:
Nate Tetlow – Vice President, Corporate Development and Investor Relations
412-553-5834
This email address is being protected from spambots. You need JavaScript enabled to view it.

Media inquiries:
Natalie A. Cox – Communications and Corporate Affairs
412-395-3941
This email address is being protected from spambots. You need JavaScript enabled to view it.

VICTORIA, British Columbia--(BUSINESS WIRE)--Located in the rapidly developing area of Vancouver Island, Butler Concrete and Aggregate Ltd. (Butler) has implemented a hydrogen and oxygen fuel enhancement system to their fleet of ready-mix concrete trucks with the help of locally owned and operated Empire Hydrogen Energy Systems Inc. (Empire Hydrogen). The innovative fuel enhancement system enables Butler to further reduce carbon emissions associated with the production and transportation of concrete.

Travis Butler, President, Butler Concrete and Aggregate, noted, “We are always examining operational improvements to reduce our carbon footprint. Our collaboration with Empire Hydrogen shows we can make a net positive difference when we work together and embrace innovation.” Transportation is a critical component within the concrete and aggregate industry which contributes to the localized characterization of the market. The importance of situating concrete and aggregate sites near construction sites reduces transportation emissions. Further emission reductions are realized with technological improvements to enhance the efficiency of the vehicle’s fuel systems.

Empire Hydrogen’s technology enhances the existing diesel fuel system of Butler’s concrete trucks by using electrolysis to convert water into hydrogen and oxygen then injecting these gases into the engine’s air intake where the combustion process is enhanced. The results of Butler incorporating the Empire Hydrogen fuel enhancement system are reductions in diesel fuel consumption, CO2 and NOx emissions. Operational improvements like this contribute to Butler offering the cleanest and greenest concrete to the local construction industry backed by third-party verified Environmental Product Declarations (EPDs).

“Our goal to provide green solutions and address the growing requirements for energy consumption makes working with Butler a great fit. Our organizations realize the potential that technology holds to address global climate concerns – seeing our technology implemented at Butler reaffirms our mission to partner with industry and make our world a better place for future generations on a local and global scale” added Empire Hydrogen, Chief Executive Officer, Sven Tjelta.

Butler will continue to monitor and evaluate the Empire Hydrogen fuel enhancement system on its fleet over the next year and continue to align business strategy with serving the community and protecting the environment.

About Butler Concrete and Aggregate Ltd.

Butler Concrete and Aggregate Ltd. have been the leading producer of sustainable building materials on southern Vancouver Island since the 1930s. As a locally owned and operated organization, we strive to carry on this legacy with our company culture of health, safety, and social responsibility for future generations. With our highly skilled workforce, we build better from the ground up by offering our customers the cleanest and greenest concrete backed by evidence-based Environmental Product Declarations.

About Empire Hydrogen Energy Systems, Inc

Empire Hydrogen research, designs, and manufactures products which both improve the efficiency of internal combustion engines and reduce their negative environmental impact on the planet. Through a network of dealers and installation centres, the company distributes products to the worldwide transportation industry.

Aleya Adams
Project Manager
(M) 250-886-8959
Butler Concrete & Aggregate Ltd.
www.butlerco.ca

Bill Campbell
VP Sales and Marketing
Empire Hydrogen Energy Systems Inc.
Cell: 403-613-4881
Office: 778-426-0911
www.empirehydrogen.com

MILPITAS, Calif--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, will report financial results for the first quarter ended March 31, 2022 after market close on Monday, May 2, 2022. Management will host a conference call at 4:30 P.M. ET on Monday, May 2, 2022 to discuss these results.

The call will be available, live, to interested parties by dialing:

A live webcast will be available in the Investor Relations section of SolarEdge’s website at: Event Calendar | SolarEdge Technologies, Inc.

A replay of the webcast will be available in the Investor Relations section of the company’s web site approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days.

About SolarEdge

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at www.solaredge.com.

Investor Contacts
SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263
This email address is being protected from spambots. You need JavaScript enabled to view it.

Sapphire Investor Relations, LLC
Erica Mannion and Michael Funari
+1 617-542-6180
This email address is being protected from spambots. You need JavaScript enabled to view it.

Corvias Installs 120,000+ Energy and Water Conservation Systems

Anticipated Long-Term Program Savings $240+ Million

FORT SILL, Okla.--(BUSINESS WIRE)--In support of the Department of Defense’s goal to enhance the resilience of federal infrastructure, Corvias has installed water and energy savings systems into more than 1,600 homes at Fort Sill, a critical U.S. Army artillery training base.

“Corvias has made significant progress to implement energy resilience and sustainability improvements into our U.S. Army military housing partnership communities,” said Pete Sims, managing director at Corvias, a long-term solutions and management partner to the U.S. military.

These enhancements are part of Corvias’ $325 million Solutions Investment across six U.S. Army installations. The investment will benefit 70 percent, or approximately 16,000, of Corvias-managed homes across Fort Sill, Okla., Fort Riley, Kan., Fort Meade, Md., Aberdeen Proving Ground, Md., Fort Bragg, N.C., and Fort Rucker, Ala. The changes are anticipated to save approximately $240 million over 30 years, with the savings being reinvested back into Corvias military communities to fund additional improvements.

“The investment in these energy conservation improvements increases the efficiency of the systems our residents use, while reducing pollution and energy use,” added Sims. “Corvias excels at creating programs that provide initial, sustaining and future benefits, which will be realized with the long-term savings that will be reinvested into our Army housing communities to enable continual improvements.”

Once complete, the energy conservation measures will yield an average annual utility savings of approximately 16 percent of the company’s Army portfolio-wide utility-related operating expenses.

The Fort Sill energy upgrades include:

• Water conservation measures, including more than 4,000 low-flow toilets, more than 5,000 bathroom faucet aerators, approximately 1,700 kitchen faucet aerators, and more than 3,000 showerheads. All incorporate modern technology that significantly reduces water usage, ultimately leading to lower utility costs. Savings from these measures will provide more funding that can be reinvested in other areas of the community.
• More than 100,000 energy-efficient lighting and fixture upgrades, providing each family with a more attractive and resourceful home.
• Approximately 120 HVAC split systems, which are more reliable, efficient, and long-lasting. Ultimately, families will enjoy more cost-efficient and comfortable housing.
• More than 100 weatherization improvements, including added insulation, weather stripping, and energy-efficient windows. All upgrades will immediately contribute to more comfortably heating and cooling the home.

Fort Sill renovations include:

• Major renovations in more than 70 White Wolf and Geronimo Acres homes, consisting of new in-home fire suppression systems, storm shelters, interior paint, fixtures, and flooring. The renovations also included converting more than 30 townhouses from a three-bedroom, one-bathroom configuration to a two-bedroom, two-bathroom layout, including an en-suite bath to better meets the needs of military families. All work is anticipated to be completed by December 2022.

Ongoing improvements in all on-post family housing, such as roof replacements, new exterior paint and new flooring.

About Corvias

Headquartered in East Greenwich, RI, and privately-owned, Corvias partners with higher education and government institutions nationwide to solve their most essential systemic problems and create long-term, sustainable value through its unique approach to partnerships. Corvias pursues the kinds of partnerships that materially and sustainably improve the quality of life for the people who call its communities home, purposefully choosing to partner with organizations who share its values and whose mission is to serve as the foundational blocks, or pillars, of the nation. To learn more, please visit: www.corvias.com.

Corvias and Military Housing

Corvias is a partner to the U.S. Army as part of the U.S. Department of Defense Military Housing Privatization Initiative to revitalize, operate and maintain on-base military family housing. Started in 1996 to solve for a maintenance backlog of more than $20 billion for homes on more than 150 military installations, MHPI has enabled renovations, new construction, and water and energy saving initiatives, including the largest solar project in Kansas at the Corvias partnership at Fort Riley.

Unique to Corvias and its MHPI partnerships, a first-of-its-kind $325 million direct equity investment established in July 2019 has enabled significant, additional capital improvements for energy resilience and modernization, which enhance residents’ quality of life and increase energy efficiencies to achieve savings that are directly reinvested into the program. Corvias is leading the energy conservation upgrades in conjunction with Johnson Controls, a global leader in smart, healthy and sustainable buildings.

Media Contact:
Mary Humphreys
This email address is being protected from spambots. You need JavaScript enabled to view it.
(571) 309-5943

ANNAPOLIS, Md.--(BUSINESS WIRE)--Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that the Company will release its first quarter 2022 results after market close on Tuesday, May 3, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time).

The conference call can be accessed live over the phone by dialing 1-877-407-0890 or for international callers, +1-201-389-0918. Participants should inform the operator you want to be joined to the Hannon Armstrong call. The conference call will also be accessible as an audio webcast with slides on our website. A replay after the event will be accessible as on-demand webcast on our website.

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

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

ABOUT HANNON ARMSTRONG

Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $8 billion in managed assets, Hannon Armstrong’s core purpose is to make climate-positive investments with superior risk-adjusted returns. For more information, please visit www.hannonarmstrong.com. Follow Hannon Armstrong on LinkedIn and Twitter @HannonArmstrong.

INVESTOR INQUIRIES
Neha Gaddam
This email address is being protected from spambots. You need JavaScript enabled to view it.
410-571-6189