BETHESDA, Md.--(BUSINESS WIRE)--Enviva Inc. (NYSE: EVA) (“Enviva”) today announced the timing of its conference call to discuss first quarter 2022 financial results on May 5, 2022.
When: |
May 5, 2022 at 10:00 a.m. Eastern Time |
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How: |
By dialing (877) 883-0383 in the United States, +1 (412) 902-6506 internationally, and entering the Participant Entry Number 0992347, or via webcast through the Investor Relations section of Enviva’s website at ir.envivabiomass.com |
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Replays: |
Will be available online for a year and accessible via Enviva’s website at ir.envivabiomass.com |
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About Enviva
Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to decarbonize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.
To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.
INVESTOR:
Kate Walsh
Vice President, Investor Relations
+1 (240) 482-3856
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DUBLIN--(BUSINESS WIRE)--The "Wind Turbine Operations and Maintenance Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
This recent report on the global wind turbine operations and maintenance market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape.
This study on the global wind turbine operations and maintenance market analyzes the market scenario for the period from 2020 to 2031, wherein 2020 is the base year. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.
This study on the global wind turbine operations and maintenance market also provides data on developments made by important players and stakeholders operating in the market, along with competition analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with market trends and restraints in the competition landscape section.
Companies Mentioned
Key Questions Answered in Global Wind Turbine Operations and Maintenance Market Report
Key Topics Covered:
1. Executive Summary: Global Wind Turbine Operations and Maintenance Market
2. Market Overview
2.1. Market Segmentation
2.2. Market Definitions
2.3. Market Trends
2.4. Market Dynamics
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter's Five Forces Analysis
2.6. Value Chain Analysis
2.7. Regulatory Landscape
3. COVID-19 Impact Analysis
4. Global Wind Turbine Operations and Maintenance Market Analysis and Forecast, by Application
4.1. Key Findings
4.2. Market Definitions
4.3. Global Wind Turbine Operations and Maintenance Market Value (US$ Bn), by Application, 2020-2031
4.3.1. Onshore
4.3.2. Onshore
4.4. Global Wind Turbine Operations and Maintenance Market Attractiveness Analysis, by Application
5. Global Wind Turbine Operations and Maintenance Market Analysis and Forecast, by Region
5.1. Global Wind Turbine Operations and Maintenance Market Value (US$ Bn), by Region, 2020-2031
5.1.1. North America
5.1.2. Europe
5.1.3. Asia Pacific
5.1.4. Rest of World
5.2. Global Wind Turbine Operations and Maintenance Market Attractiveness Analysis, by Region
6. North America Wind Turbine Operations and Maintenance Market Analysis and Forecast
7. Europe Wind Turbine Operations and Maintenance Market Analysis and Forecast
8. Asia Pacific Wind Turbine Operations and Maintenance Market Analysis and Forecast
9. Rest of World Wind Turbine Operations and Maintenance Market Analysis and Forecast
10. Competition Landscape
10.1. Competition Matrix, by Key Players
10.2. Global Wind Turbine Operations and Maintenance Market Share Analysis, by Company, 2020
10.3. Footprint Analysis
10.4. Company Profiles
11. Primary Research - Key Insights
12. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/f2xibw
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) will host a conference call on Thursday, May 5, 2022, at 10:00 a.m. Eastern to review the company’s Fiscal 2022 second quarter financial results. Atmos Energy will release these results on Wednesday, May 4, 2022, following the market close.
To listen to the conference call, please dial either the toll-free or international number provided below. You may also listen to the call on the Atmos Energy website at www.atmosenergy.com. The Internet broadcast will be archived for thirty days.
Conference Call Details
May 5, 2022
10:00 a.m. Eastern / 9:00 a.m. Central
Toll-free: 877-407-3088
International: 201-389-0927
(No pass code)
Internet webcast: www.atmosenergy.com
Atmos Energy Corporation, an S&P 500 company headquartered in Dallas, is the country’s largest natural gas-only distributor. We safely deliver reliable, affordable, efficient and abundant natural gas to more than 3 million distribution customers in over 1,400 communities across eight states located primarily in the South. As part of our vision to be the safest provider of natural gas services, we are modernizing our business and infrastructure while continuing to invest in safety, innovation, environmental sustainability and our communities. Atmos Energy manages proprietary pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. Find us online at http://www.atmosenergy.com, Facebook, Twitter, Instagram and YouTube.
Analyst and Media Contact:
Dan Meziere
(972) 855-3729
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that, on April 6, 2022, the Board of Directors of its general partner declared a distribution on Genesis’ common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended March 31, 2022. These distributions will be paid on May 13, 2022 to holders of record at the close of business on April 29, 2022.
Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each common unit held of record. With respect to the preferred units, Genesis will pay a cash distribution of $0.7374 ($2.9496 on an annualized basis) for each preferred unit held of record.
Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.
Genesis Energy, L.P.
Dwayne Morley
VP – Investor Relations
(713) 860-2536
BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)--GrafTech International Ltd. (NYSE:EAF) will hold its First Quarter 2022 Earnings Conference Call and Webcast on Friday, May 6, 2022 at 10:00 a.m. (EDT). The call will be hosted by senior management to discuss financial results for the first quarter ended March 31, 2022 and current business initiatives.
These financial results will be released on Friday, May 6, 2022 before market open and will be available on our investor relations website at: http://ir.graftech.com.
To participate in the conference call, please dial +1 (833) 968-2275 toll-free in the U.S. and Canada or for overseas calls please dial +1 (236) 714-2979, conference ID: 8073706.
Live audio of the conference call will be available via webcast on our website or can be accessed at: https://app.webinar.net/byNVPAplk1D
Archived replays of the conference call and webcast will be made available on our investor relations website at: http://ir.graftech.com.
About GrafTech
GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, including three of the highest capacity facilities in the world. We are the only large-scale graphite electrode producer that is substantially vertically integrated into petroleum needle coke, a key raw material for graphite electrode manufacturing. This unique position provides us with competitive advantages in product quality and cost.
Michael Dillon
Vice President, Investor Relations and Corporate Communications
216-676-2000
MIAMI--(BUSINESS WIRE)--I Squared Capital, a leading global infrastructure investment manager, has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion. Including commitments from I Squared Capital and a dedicated co-investment vehicle, the fund has $15.5 billion in investable capital and received commitments from over 200 institutional investors, including public and private pensions, sovereign funds, insurance companies, asset managers and family offices in 27 countries. I Squared Capital has targeted the deployment of approximately 36 percent of the fund in ten investments across its targeted sectors.
“The closing of the fund comes at a critical time as the public and private sectors work to expand equitable access to sustainable and resilient infrastructure, while boosting economic growth and creating jobs,” said Sadek Wahba, Chairman and Managing Partner of I Squared Capital. “We are pleased to close our fund above its initial target, and more than twice the size of its predecessor fund,” added Gautam Bhandari, Managing Partner of I Squared Capital. “ISQ Global Infrastructure Fund III’s objective of investing private capital to build infrastructure assets that address the critical challenges of a post-Covid world, including climate change, supply chains, the digital transformation and the energy transition, received strong support from investors.”
“This is an exciting and dynamic time to be a large-scale global investor in infrastructure. ISQ Global Infrastructure Fund III is already off to a great start with a broad portfolio of investments across renewables and the energy transition, supply chains and logistics, digital infrastructure and transportation assets around the world. We will continue to do what we do best, which is focus on the secular themes that are shaping societies and economies and migrate capital to the best risk adjusted opportunities,” said Adil Rahmathulla, Managing Partner of I Squared Capital.
Kirkland & Ellis LLP acted as fund counsel and Evercore acted as placement agent.
About I Squared Capital: I Squared Capital is an independent global infrastructure investment manager with over $34 billion in assets under management focusing on utilities, digital infrastructure, energy, transport and social infrastructure in North America, Europe, Latin America, and Asia. Headquartered in Miami, the firm also has offices in Hong Kong, London, New Delhi, Singapore, and Taipei.
I Squared Capital
Andreas Moon
Managing Director and Head of Investor Relations
+1 (786) 693-5739
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Media: Brunswick Group
Clare Pickett
+1 (347) 477-7475
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Singh-Bushell brings more than 25 years of leadership experience to further strengthen Board’s expertise across technology, finance, public sector, automotive, and energy
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, today announced the appointment of Ekta Singh-Bushell to its board of directors. Ms. Singh-Bushell brings more than 25 years of diverse technology, finance, and operations experience to the ChargePoint Board.
She has served in management and leadership roles at the Federal Reserve Bank of New York and Ernst & Young, as well as several startups. Ms. Singh-Bushell brings expertise on digital transformation and how it impacts a company’s compliance, risk management, operations, brand, and reputation. Ms. Singh-Bushell currently serves on the boards of large global technology firms, including TTEC Holdings, Inc., Huron Consulting Group, Inc., Net1 UEPS Technologies, Inc., Designer Brands Inc., and Datatec Limited, where she advises these companies on how operational efficiencies, innovation and leading with purpose can drive profitability, growth, and enterprise transformation. Her previous board positions included the Asian American Federation of New York (AAFNY), and DecisionGPS LLC.
“Adding Ekta Singh-Bushell to the ChargePoint Board of Directors further strengthens our depth of expertise in finance, technology and transformation,” said Pasquale Romano, president and CEO of ChargePoint. “Ms. Singh-Bushell has a history of successfully advising companies and we look forward to her expertise as ChargePoint continues to enable charging everywhere people live, work, and play.”
Ms. Singh-Bushell received her Master of Science in Electrical Engineering & Computer Science from the University of California, Berkeley and her undergraduate degree in engineering from the University of Poona, India. She is a certified public accountant (CPA) and hold advanced certifications in corporate governance, sustainability accounting, cyber security and resilience.
For more information about ChargePoint’s board of directors, visit: https://www.chargepoint.com/about/board/.
About ChargePoint
ChargePoint is creating a new fueling network to move people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions. The ChargePoint cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds of thousands of places to charge in North America and Europe. To date, more than 110 million charging sessions have been delivered, with drivers plugging into the ChargePoint network every two seconds or less. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact the ChargePoint North American European press offices or Investor Relations.
CHPT-IR
Press North America
Jennifer Bowcock
VP, Communications
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Investor Relations
Patrick Hamer
VP, Capital Markets and Investor Relations
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DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (the “Company” or “HF Sinclair”) and HollyFrontier Corporation (“HFC”) announced today that as of 5:00 p.m., New York City time, on April 6, 2022 (the “Early Participation Date”), that $1,387,969,000 in aggregate principal amount of certain outstanding HFC Notes (defined below), representing approximately 79.31% of the total outstanding principal amount of the HFC Notes and at least a majority of each series of HFC Notes outstanding, have been validly tendered and not validly withdrawn (and consents thereby validly given and not validly withdrawn) in connection with its previously announced private exchange offers (collectively, the “Exchange Offers”) and related consent solicitations (collectively, the “Consent Solicitations”) and that the following Early Participation Exchange Consideration (as defined below) in respect of each $1,000 principal amount of such HFC Notes if accepted for purchase is to be paid:
Title of Series of HFC Notes |
CUSIP/ISIN No. |
Early Participation
|
Principal Amount
|
Percentage Tendered |
||||||
2.625% Senior Notes due 2023 (the “2023 Notes”) |
436106AB4 /
|
$1,000 principal amount of HF Sinclair’s 2.625% Senior Notes due 2023 and $1.00 in cash |
$ |
283,259,000 |
80.93 |
% |
||||
| 5.875% Senior Notes due 2026 (the “2026 Notes”) | 436106AA6 / US436106AA64 |
$1,000 principal amount of HF Sinclair’s 5.875% Senior Notes due 2026 and $1.00 in cash | $ |
794,540,000 |
79.45 |
% |
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4.500% Senior Notes due 2030 (the “2030 Notes” and, together with the 2023 Notes and the 2026 Notes, the “HFC Notes”) |
436106AC2 /
|
$1,000 principal amount of HF Sinclair’s 4.500% Senior Notes due 2030 and $1.00 in cash |
$ |
310,170,000 |
77.54 |
% |
||||
Total: |
$ |
1,387,969,000 |
79.31 |
% |
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As of April 6, 2022, the Company has received the requisite consents from Eligible Holders (as defined below) of each series of HFC Notes to amend the HFC Notes of each series and related indenture and supplemental indentures under which they were issued (as supplemented, the “HFC Indenture”).
The Company has also announced that the previous deadline for holders to tender their HFC Notes and be eligible to receive $1,000 principal amount of such series of new notes to be issued by the Company (the “New Notes”), which includes an early participation premium, payable in principal amount of New Notes, of $50 (the “Early Participation Premium”), plus a payment of $1.00 in cash (the “Cash Payment”) (together, the “Early Participation Exchange Consideration”) has been extended to the Expiration Date (as extended, the “Exchange Consideration Deadline”). Currently, this is the same time and date as the Expiration Date (as defined below) for the Exchange Offers and Consent Solicitations. As a result, the consideration to be paid for HFC Notes validly tendered (i) at or prior to the Early Participation Date and (ii) following the Early Participation Date, but at or prior to the Expiration Date, will be the same.
HFC Notes validly tendered and not validly withdrawn and that are accepted for exchange will be exchanged for New Notes on the Settlement Date (as defined below), which is expected to be on or about April 27, 2022, and the applicable consideration will be paid to the Eligible Holders of such HFC Notes on such date, unless the Exchange Offers and Consent Solicitations are extended or terminated.
Withdrawal rights for the Exchange Offers and Consent Solicitations expired at 5:00 p.m., New York City time, on April 6, 2022 (the “Withdrawal Deadline”). Holders may no longer withdraw tendered HFC Notes or revoke consents, except as required by applicable law.
The Exchange Offers and Consent Solicitations are being made pursuant to the terms and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement dated March 24, 2022 (the “Exchange Offer Memorandum”). Each Exchange Offer and Consent Solicitation will expire at 5:00 p.m., New York City time, on April 22, 2022, unless such date is extended or earlier terminated (such date and time, as they may be extended or earlier terminated, the “Expiration Date”). Settlement of the Exchange Offers will be promptly after the Expiration Date (the “Settlement Date”), and is expected to be on or about April 27, 2022, unless HF Sinclair extends the Expiration Date or terminates the Exchange Offers. HF Sinclair, in its sole discretion, reserves the right to terminate, withdraw, amend or extend one or more of the Exchange Offers and Consent Solicitations in its discretion, subject to applicable law and the terms and conditions set forth in the Exchange Offer Memorandum.
Each series of New Notes will have the same interest rate (including interest rate adjustment provisions, as applicable), interest payment dates, maturity date and redemption terms as the corresponding series of HFC Notes. The first interest payment on any New Notes will include the accrued and unpaid interest on the HFC Notes tendered in exchange therefor so that a tendering Eligible Holder will receive the same interest payment it would have received had its HFC Notes not been tendered in the Exchange Offers and Consent Solicitations; provided that the amount of accrued and unpaid interest shall only be equal to the accrued and unpaid interest on the principal amount of HFC Notes equal to the aggregate principal amount of New Notes an Eligible Holder receives. For the avoidance of doubt, to the extent an interest payment date for a series of HFC Notes occurs prior to the Settlement Date, holders who validly tendered and did not validly withdraw HFC Notes in the Exchange Offers and Consent Solicitations will receive accrued and unpaid interest on such interest payment date as required by the terms of the applicable HFC Indenture.
In addition, each Exchange Offer and Consent Solicitation is subject to certain conditions, although we may waive any such conditions at any time. Any waiver of a condition by HF Sinclair with respect to an Exchange Offer will automatically waive such condition with respect to the corresponding Consent Solicitation, as applicable. In addition, HF Sinclair may amend the terms of any Exchange Offer without amending the terms of any other Exchange Offer.
HFC will enter into one or more supplemental indentures implementing certain proposed amendments to, among other things, eliminate from the HFC Indenture, as it relates to each series of HFC Notes (i) substantially all of the restrictive covenants, (ii) certain of the events which may lead to an “Event of Default”, (iii) the SEC reporting covenant and (iv) with respect to the 2023 Notes and the 2030 Notes only, the offer to purchase 2023 Notes and 2030 Notes upon certain change of control triggering events (collectively, the “Proposed Amendments”). The supplemental indentures implementing the Proposed Amendments will be effective upon execution but will only become operative upon the Settlement Date of the applicable Exchange Offer.
This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders or consents with respect to, any security. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful.
The New Notes offered in the Exchange Offers have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements or the securities laws of any other jurisdiction. Accordingly, the New Notes will be offered for exchange only (1) to qualified institutional buyers as defined in Rule 144A under the Securities Act in reliance on the exemption provided by Section 4(a)(2) of the Securities Act and (2) outside the United States to persons other than U.S. persons (as defined in Rule 902 under the Securities Act) in reliance upon Regulation S under the Securities Act. The holders of HFC Notes who have certified to the Company and HFC that they are eligible to participate in the Exchange Offers pursuant to at least one of the foregoing conditions are referred to as “Eligible Holders.” Only Eligible Holders who have completed and returned an eligibility letter, available from the information agent, are authorized to receive or review the Exchange Offer Memorandum or to participate in the Exchange Offers. The Company will also enter into a registration rights agreement with the dealer managers, for the benefit of the holders of the New Notes.
Holders who desire a copy of the eligibility letter should contact D.F. King & Co., Inc., the information and exchange agent for the Exchange Offers and Consent Solicitations, at (800) 290-6428 (toll-free) or (212) 269-5550 (banks and brokers), or by email at This email address is being protected from spambots. You need JavaScript enabled to view it.D.F. King & Co., Inc. will also provide copies of the Exchange Offer Memorandum to Eligible Holders.
The Exchange Offers and Consent Solicitations are being made only pursuant to the Exchange Offer Memorandum. The Exchange Offer Memorandum and other documents relating to the Exchange Offers and Consent Solicitations will be distributed only to Eligible Holders. The Exchange Offers are not being made to holders of HFC Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. The New Notes have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the Exchange Offer Memorandum.
None of HF Sinclair, HF Sinclair’s subsidiaries, its and their respective directors or officers, the dealer managers and solicitation agents, the exchange agent, the information agent, any trustee for the New Notes or the HFC Notes, their respective affiliates, or any other person is making any recommendation as to whether holders should tender their HFC Notes in the Exchange Offers or deliver consents to the Proposed Amendments.
ABOUT HF SINCLAIR CORPORATION AND HOLLYFRONTIER CORPORATION
HF Sinclair, headquartered in Dallas, Texas, is an independent energy company that produces and markets high value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and other specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. HF Sinclair supplies high-quality fuels to more than 1,300 Sinclair branded stations and licenses the use of the Sinclair brand at more than 300 additional locations throughout the country. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and export products to more than 80 countries. Through its subsidiaries, HF Sinclair produces renewable diesel at two of its facilities in Wyoming. HF Sinclair also owns a 47% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P. (“HEP”), a master limited partnership that provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HF Sinclair subsidiaries.
HFC is a wholly owned subsidiary of HF Sinclair and an independent petroleum refiner and marketer that produces high-value light products such as gasoline, diesel fuel, jet fuel, specialty lubricant products and specialty and modified asphalt. HFC owns and operates refineries located in Kansas, Oklahoma, New Mexico, Washington, Wyoming and Utah and markets its refined products principally in the Mid-Continent and Southwest United States, the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. In addition, HFC produces base oils and other specialized lubricants in the United States, Canada and the Netherlands, and exports products to more than 80 countries.
FORWARD-LOOKING STATEMENTS
The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995: The statements in this press release relating to matters that are not historical facts are “forward-looking statements” based on management’s beliefs and assumptions using currently available information and expectations as of the date hereof, are not guarantees of future performance and involve certain risks and uncertainties, including those contained in our filings with the Securities and Exchange Commission. Forward-looking statements use words such as “anticipate,” “project,” “will,” “expect,” “plan,” “goal,” “forecast,” “strategy,” “intend,” “should,” “would,” “could,” “believe,” “may,” and similar expressions and statements regarding our plans and objectives for future operations. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that our expectations will prove correct. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Any differences could be caused by a number of factors, including, but not limited to, HF Sinclair’s and HEP’s ability to successfully integrate the Sinclair Oil Corporation and Sinclair Transportation Company businesses acquired from REH Company (formerly known as The Sinclair Companies, referred to herein as “Sinclair”) (collectively, the “Sinclair Transactions”) with their existing operations and fully realize the expected synergies of the Sinclair Transactions or on the expected timeline; risks relating to the value of HF Sinclair common stock and the value of HEP’s limited partner common units from sales by the Sinclair holders following the closing of the Sinclair Transactions; HF Sinclair’s ability to successfully integrate the operation of the Puget Sound refinery with its existing operations; the demand for and supply of crude oil and refined products, including uncertainty regarding the effects of the continuing coronavirus (“COVID-19”) pandemic on future demand and increasing societal expectations that companies address climate change; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products or lubricant and specialty products in HF Sinclair’s markets; the spread between market prices for refined products and market prices for crude oil; the possibility of constraints on the transportation of refined products or lubricant and specialty products; the possibility of inefficiencies, curtailments or shutdowns in refinery operations or pipelines, whether due to infection in the workforce or in response to reductions in demand; the effects of current and/or future governmental and environmental regulations and policies, including the effects of current and/or future restrictions on various commercial and economic activities in response to the COVID-19 pandemic; the availability and cost of financing to HF Sinclair; the effectiveness of HF Sinclair’s capital investments and marketing strategies; HF Sinclair’s and HEP’s efficiency in carrying out and consummating construction projects, including HF Sinclair’s ability to complete announced capital projects, such as the construction of the Artesia renewable diesel unit, on time and within capital guidance; HF Sinclair’s and HEP’s ability to timely obtain or maintain permits, including those necessary for operations or capital projects; the ability of HF Sinclair to acquire refined or lubricant product operations or pipeline and terminal operations on acceptable terms and to integrate any existing or future acquired operations; the possibility of terrorist or cyberattacks and the consequences of any such attacks; uncertainty regarding the effects and duration of global hostilities and any associated military campaigns which may disrupt crude oil supplies and markets for our refined products and create instability in the financial markets that could restrict our ability to raise capital; general economic conditions, including uncertainty regarding the timing, pace and extent of an economic recovery in the United States; a prolonged economic slowdown due to the COVID-19 pandemic which could result in an impairment of goodwill and/or long-lived asset impairments; the outcome of the Exchange Offers and Consent Solicitations; and other financial, operational and legal risks and uncertainties detailed from time to time in HF Sinclair’s, HFC’s and HEP’s Securities and Exchange Commission filings. The forward-looking statements speak only as of the date made and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts
HF Sinclair Corporation and HollyFrontier Corporation
Craig Biery, 214-954-6510
Vice President, Investor Relations or
Trey Schonter, 214-954-6510
Investor Relations
Media Contact
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DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today announced that Martin A. Jarosick has been named vice president, treasury and investor relations, effective immediately. Mr. Jarosick has served as vice president, investor relations, since joining CF Industries in 2017.
In his new role, Mr. Jarosick will oversee the Company’s treasury organization, which includes capital markets and banking activities, risk management, and credit. He will also continue to lead the investor relations function.
“Martin has been a strategic leader and valued voice within CF Industries as we have navigated the dynamic global nitrogen market and advanced our clean energy initiatives,” said Christopher D. Bohn, senior vice president and chief financial officer, CF Industries Holdings, Inc. “His leadership and experience in treasury operations will serve the Company well as we build on our track record of creating long-term value for shareholders.”
Mr. Jarosick is replacing Daniel L. Swenson, who retired from CF Industries on March 31, 2022 to pursue interests outside of a corporate environment. Mr. Swenson had been treasurer of CF Industries since 2015, having joined the Company as senior director, investor relations and corporate communications in 2012.
“I want to thank Dan for his commitment and dedication to CF Industries during his 10 years with the Company,” said Bohn. “We wish him well in all his future endeavors.”
About Martin A. Jarosick
Martin A. Jarosick has served as vice president, investor relations, for CF Industries since 2017 with responsibility for leading the Company’s outreach to shareholders and investment analysts. Prior to joining CF Industries, Mr. Jarosick served as treasurer and vice president, investor relations at Axiall Corporation. Before Axiall, he held various positions in treasury, strategic planning, and investor relations with The Home Depot and Progress Energy.
About CF Industries Holdings, Inc.
At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently.
Media
Chris Close
Director, Corporate Communications
847-405-2542 – This email address is being protected from spambots. You need JavaScript enabled to view it.
Investors
Martin Jarosick
Vice President, Treasury and Investor Relations
847-405-2045 – This email address is being protected from spambots. You need JavaScript enabled to view it.
Conversant Purchases Civeo Common Shares from Affiliates of Lance Torgerson
Civeo and Conversant Secure Right of First Refusal to Purchase Additional Stock from Torgerson
HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) (“Civeo” or the “Company”), a leading provider of hospitality services to the natural resources sector, today announced that Conversant Capital LLC (“Conversant”), a private investment firm that pursues credit and equity investments in the real estate, digital infrastructure and hospitality sectors, has purchased approximately 958,000 Civeo common shares from entities affiliated with Lance Torgerson (“Mr. Torgerson”) under a stock purchase agreement.
Civeo and Conversant also have rights of first refusal on additional stock held by Mr. Torgerson. Following the sale, Mr. Torgerson continues to own approximately 750,000 Civeo common shares (the “Escrow Shares”), all of which are currently held in escrow as described in Civeo’s SEC filings and cannot be sold at this time. The stock purchase agreement provides that, if prior to April 2023, Mr. Torgerson desires to sell the 375,000 Escrow Shares to be released from escrow in June 2022, Civeo will have the right, but not the obligation, to purchase all or any portion of such shares. If Civeo does not exercise its right of first refusal for all the shares, any remaining shares must be offered to Conversant for purchase. An additional 375,000 Escrow Shares are subject to release from escrow in June 2023 but are not subject to the rights of first refusal described above. In addition to the Escrow Shares, Mr. Torgerson holds 9,042 shares of Civeo Class A preferred shares, which will mandatorily convert into approximately 2.5 million Civeo common shares in April 2023.
“Civeo is pleased to welcome Conversant as a new shareholder and hopes to benefit from its expertise in the hospitality and lodging sectors. We are supportive of this transaction and elected to waive certain of Mr. Torgerson’s transfer restrictions under his registration rights agreement with the Company to facilitate this sale,” said Bradley Dodson, President and CEO of Civeo Corporation. “In addition, the rights of first refusal for Civeo and Conversant are intended to facilitate an orderly transfer of ownership for the shares Mr. Torgerson is expected to receive from escrow in the near term, in the event Mr. Torgerson desires to sell those shares.”
“Conversant has followed Civeo for several years, and we have been impressed with its prudent capital allocation policies, which have resulted in significant debt repayment,” said Michael Simanovsky, Founder and Managing Partner of Conversant. “We are excited to invest in Civeo; we believe the Company is poised to capitalize on strong demand for its services across the natural resources sector and well positioned to generate significant free cash flow in the coming years.”
About Civeo
Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 27 lodges and villages in Canada, Australia and the U.S., with an aggregate of over 28,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo's website at www.civeo.com.
About Conversant Capital
Conversant Capital LLC is a private investment adviser founded in 2020. The firm pursues credit and equity investments in the real estate, digital infrastructure, and hospitality sectors in both the public and private markets. Further information is available at www.conversantcap.com.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are those that do not state historical facts and are, therefore, inherently subject to risks and uncertainties. The forward-looking statements herein include the statements regarding Civeo’s ability to capitalize on demand for its services and generate free cash flow are based on then current expectations and entail various risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Such risks and uncertainties include, among other things, risks associated with global health concerns and pandemics, including the COVID-19 pandemic, any increases in or severity of COVID-19 cases (including due to existing or new variants) and the risk that room occupancy may decline if our customers are limited or restricted in the availability of personnel who may become ill or be subjected to quarantine, risks associated with the general nature of the accommodations industry, risks associated with the level of supply and demand for oil, coal, iron ore and other minerals, including the level of activity, spending and developments in the Canadian oil sands, the level of demand for coal and other natural resources from, and investments and opportunities in, Australia, and fluctuations or sharp declines in the current and future prices of oil, natural gas, coal, iron ore and other minerals, risks associated with failure by our customers to reach positive final investment decisions on, or otherwise not complete, projects with respect to which we have been awarded contracts, which may cause those customers to terminate or postpone contracts, risks associated with currency exchange rates, risks associated with the company’s ability to integrate acquisitions, risks associated with labor shortages, risks associated with the development of new projects, including whether such projects will continue in the future, risks associated with the trading price of the company’s common shares, availability and cost of capital, risks associated with general global economic conditions, global weather conditions, natural disasters and security threats and changes to government and environmental regulations, including climate change, and other factors discussed in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Civeo’s most recent annual report on Form 10-K and other reports the company may file from time to time with the U.S. Securities and Exchange Commission. Each forward-looking statement contained herein speaks only as of the date of this release. Except as required by law, Civeo expressly disclaims any intention or obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.
Regan Nielsen
Civeo Corporation
Senior Director, Corporate Development & Investor Relations
713-510-2400
For Conversant:
Josh Clarkson / Devin Shorey
Prosek Partners
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HOUSTON--(BUSINESS WIRE)--Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or the “Company”) announced today that it will host a conference call to discuss its first quarter 2022 results on Friday, April 29, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its first quarter 2022 earnings release after the market closes on April 28, 2022.
To join the first quarter 2022 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. To listen via live webcast, please visit the Investor Relations section of the Company’s website, www.solarisoilfield.com.
An audio replay of the conference call will be available shortly after the conclusion of the call and will remain available for approximately seven days. It can be accessed by dialing (877) 344-7529 within the United States or (412) 317-0088 outside of the United States. The conference call replay access code is 8754226. The replay will also be available in the Investor Relations section of the Company’s website shortly after the conclusion of the call and will remain available for approximately seven days.
About Solaris Oilfield Infrastructure, Inc.
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris’ patented equipment and systems are deployed in many of the most active oil and natural gas basins in the United States. Additional information is available on our website, www.solarisoilfield.com.
Yvonne Fletcher
Senior Vice President, Finance and Investor Relations
(281) 501-3070
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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, subject to market conditions, a private offering of $200 million in aggregate initial principal amount of 0.00% green exchangeable senior notes due 2025 (the “Notes”) by its indirect subsidiaries, HAT Holdings I LLC (“HAT I”) and HAT Holdings II LLC (“HAT II,” and together with HAT I, the “Issuers”). At issuance, the Notes will be guaranteed by the Company, Hannon Armstrong Sustainable Infrastructure, L.P. and Hannon Armstrong Capital, LLC., and will be exchangeable for the Company’s common stock under certain circumstances.
Upon any exchange of the Notes, holders will receive a number of shares of the Company’s common stock equal to the product of (i) the aggregate initial principal amount of Notes to be exchanged, divided by $1,000 and (ii) the applicable exchange rate, plus cash in lieu of fractional shares. The Notes will not bear regular interest and the principal amount of the Notes will accrete at a rate that provides holders with an aggregate yield to maturity to be determined at pricing. The exchange rate for the Notes will not increase on account of the accretion of the Notes’ principal amount. The shares of the Company’s common stock issuable upon exchange of the Notes will have certain registration rights. The Issuers also expect to grant the initial purchasers of the Notes an option to purchase, during the 13-day period beginning on, and including the first date on which the Notes are issued, up to $30 million additional aggregate initial principal amount of the Notes.
The Company intends to utilize the net proceeds of this offering to acquire or refinance, in whole or in part, new and/or existing eligible green projects, which include assets that are neutral to negative on incremental carbon emissions. In addition, these eligible green projects may include projects with disbursements made during the twelve months preceding the issue date of the Notes and those with disbursements to be made following the issue date. Prior to the full investment of such net proceeds, the Company intends to invest such net proceeds in interest-bearing accounts and short-term, interest-bearing securities which are consistent with the Company’s intention to continue to qualify for taxation as a REIT.
The Notes and the related guarantees will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes and the related guarantees will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from the registration requirements of the Securities Act or any state securities laws.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Hannon Armstrong
Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to assets developed by leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $8 billion in managed assets as of December 31, 2021, our core purpose is to make climate positive investments with superior risk-adjusted returns.
Forward-Looking Statements
Some of the information in this press release contains forward-looking statements and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this press release, words such as “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “should,” “may,” “target,” or similar expressions, are intended to identify such forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements include those discussed under the caption “Risk Factors” included in the Company’s Annual Report on Form 10-K for the Company’s fiscal year ended December 31, 2021, which was filed with the U.S. Securities and Exchange Commission (“SEC”), as well as in other reports that the Company files with the SEC.
Forward-looking statements are based on beliefs, assumptions and expectations as of the date of this press release. The Company disclaims any obligation to publicly release the results of any revisions to these forward-looking statements reflecting new estimates, events or circumstances after the date of this press release.
INVESTOR RELATIONS INQUIRIES
Neha Gaddam
410-571-6173
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DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending March 31, 2022 on May 9, 2022, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on May 9, 2022 at 8:30 a.m. Eastern time to discuss financial results.
This webcast may be accessed at: https://events.q4inc.com/attendee/607702822
An audio archive of this webcast will be available using the above noted link through May 23, 2022.
About Holly Energy Partners, L.P.:
Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including subsidiaries of HF Sinclair Corporation. HEP, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude pipelines, tankage and terminals in Colorado, Idaho, Iowa, Kansas, Missouri, Nevada, New Mexico, Oklahoma, Texas, Utah, Washington and Wyoming, as well as refinery processing units in Kansas and Utah.
About HF Sinclair Corporation:
HF Sinclair Corporation, headquartered in Dallas, Texas, is an independent energy company that produces and markets high value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and other specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. HF Sinclair supplies high-quality fuels to more than 1,300 Sinclair branded stations and licenses the use of the Sinclair brand at more than 300 additional locations throughout the country. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and export products to more than 80 countries. Through its subsidiaries, HF Sinclair produces renewable diesel at two of its facilities in Wyoming. HF Sinclair also owns a 47% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P., a master limited partnership that provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HF Sinclair subsidiaries.
Holly Energy Partners, L.P.
Craig Biery, 214-954-6511
Vice President, Investor Relations
or
Trey Schonter, 214-954-6511
Manager, Investor Relations
New innovation to provide renewable thermal energy to commercial building owners, decarbonizing urban communities quickly and cost-effectively
BOSTON--(BUSINESS WIRE)--#BERDO--Vicinity Energy, a national decarbonization leader with the most extensive portfolio of district energy systems, launches eSteam™, a new innovation designed to rapidly decarbonize the highest source of emissions in major cities, commercial buildings. The company is the first in the U.S. to electrify its operations, offering renewable thermal energy by installing electric boilers, industrial-scale heat pumps, and thermal storage at its central facilities starting in Boston and Cambridge, with its other districts to follow.
Vicinity Energy centrally produces and distributes steam, hot water, and chilled water to over 230 million square feet of building space nationwide. To offer cost-competitive, renewable thermal energy to its customers, Vicinity will leverage and build upon its existing infrastructure, including its extensive network of underground pipes, electric substations, and transmission lines, which are notoriously hard to site and permit. Further, Vicinity has access to wholesale, renewable power through the electric grid versus commercial buildings that purchase retail power, typically 2 to 3 times more expensive. Coupling the existing infrastructure with favorable pricing, Vicinity’s innovative approach to electrifying its operations will provide customers with a cost-effective decarbonization tool to meet sustainability goals without expensive onsite retrofits or significant capital investments.
Vicinity’s first electric asset will enter service in late 2024. At that time, the company will procure electricity from renewable, carbon-free energy sources such as wind, solar, and hydro to generate eSteam™.
By electrifying its operations and offering renewable thermal, eSteam™’s benefits include:
Vicinity’s eSteam™ will provide customers with another option to cleanly heat and cool their buildings. Commercial buildings will no longer need natural gas boilers, eliminating unregulated gas stacks and unmonitored carbon emissions in our neighborhoods, reducing carbon and improving overall air quality.
“We’re thrilled to be the first district energy company in the United States to bring renewable thermal energy to our customers. Our operations are incredibly flexible, so we can quickly pivot to electrification and offer an innovative, affordable, carbon-free path for commercial building owners with eSteam™,” said Bill DiCroce, president and chief executive officer of Vicinity Energy. “This is game-changing for our communities.”
“We applaud the aggressive efforts of Vicinity Energy to decarbonize their Boston steam system,” says John Cleveland, Senior Advisor to the Boston Green Ribbon Commission. Vicinity Energy CEO Bill DiCroce has been a long-term member of the Commission. “Success on this front will make a major contribution to Boston’s goal of carbon neutrality by 2050 and set a bold example for other district energy systems across the country. It is a great example of what can be accomplished with public-private alignment.”
"There's no place for gas in a climate-safe future," said Andee Krasner, on behalf of Mothers Out Front - Boston. "We are excited Vicinity Energy plans to transition away from natural gas to renewable, clean energy, which will enable commercial buildings to reduce carbon emissions and improve air quality in our communities.”
“Since we announced our commitment to net zero in the fall of 2020, we have evaluated many technical options and conducted numerous feasibility studies to develop a robust, executable Clean Energy Future roadmap,” states Kevin Hagerty, chief technical officer of Vicinity Energy. “We are procuring equipment today to make renewable thermal energy a reality within the next 24 months in Boston and Cambridge. And we’re not stopping there. We’ll be electrifying and introducing eSteam™ in other districts and continuing to innovate to meet decarbonization goals.”
“In cities like Boston and Cambridge, buildings account for nearly 70% of all greenhouse gas emissions,” said Matt O’Malley, Vicinity’s first-ever chief sustainability officer. “Vicinity is uniquely poised to serve as a national leader in building decarbonization. The time for action is now. Our customers want it, our cities are asking for it, and our planet demands it.”
About Vicinity Energy
Vicinity Energy, a clean energy company, provides sustainable, reliable, and resilient energy to over 230 million square feet of building space nationwide. Vicinity owns and operates the nation’s most extensive portfolio of district energy systems to produce and distribute steam, hot water, and chilled water to individual buildings and campuses. Vicinity continuously invests in its infrastructure and the latest technologies to remain the energy solution of choice for commercial building decarbonization. For more information, check out www.vicinityenergy.us.
Media
Sara DeMille
Senior Director of Marketing and Communications
857 557 7838
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DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending March 31, 2022 on May 9, 2022, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on May 9, 2022 at 8:30 a.m. Eastern time to discuss financial results.
This webcast may be accessed at: https://events.q4inc.com/attendee/607702822
An audio archive of this webcast will be available using the above noted link through May 23, 2022.
About HF Sinclair Corporation:
HF Sinclair Corporation, headquartered in Dallas, Texas, is an independent energy company that produces and markets high value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and other specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. HF Sinclair supplies high-quality fuels to more than 1,300 Sinclair branded stations and licenses the use of the Sinclair brand at more than 300 additional locations throughout the country. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and export products to more than 80 countries. Through its subsidiaries, HF Sinclair produces renewable diesel at two of its facilities in Wyoming. HF Sinclair also owns a 47% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P., a master limited partnership that provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HF Sinclair subsidiaries.
About Holly Energy Partners, L.P.:
Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including subsidiaries of HF Sinclair Corporation. HEP, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude pipelines, tankage and terminals in Colorado, Idaho, Iowa, Kansas, Missouri, Nevada, New Mexico, Oklahoma, Texas, Utah, Washington and Wyoming, as well as refinery processing units in Kansas and Utah.
HF Sinclair Corporation
Craig Biery, 214-954-6510
Vice President, Investor Relations
or
Trey Schonter, 214-954-6510
Manager, Investor Relations
SAN DIEGO--(BUSINESS WIRE)--$DFCO #BrianBonar--Dalrada Corporation (OTCQB: DFCO, “Dalrada”) is pleased to announce the acquisition of Deposition Technology Ltd. (“DepTec”) as the company continues its growth within the global technology and clean energy sectors. The move is expected to strengthen Dalrada Energy Services as the division pursues innovation and the modernization of energy efficient products and services, including heat pumps, and allows Likido® Green Energy to achieve further expansion.
DepTec is uniquely well positioned to expand its market share in the semiconductor industry during a time of unprecedented growth (currently approaching $200 billion) due to the worldwide shortage of microchips. The company’s deep knowledge and influence across the industry will also assist Likido® with rapid market expansion, offering a green energy solution to the semiconductor sector.
“Adding DepTec to Dalrada’s technology division creates synergies with pressure-based systems, software controls, system integration, and field service support with Likido® Green Energy heat pumps and other products,” said Dalrada’s Chairman and CEO, Brian Bonar. “The acquisition allows both teams to expand capacity and improve design and support for Dalrada’s range of field-based equipment.”
Formed in 2004, DepTec operates globally, providing manufacturing equipment and services from its facilities in Livingston, Scotland, and through its sales and finance offices located in Devon, England.
For semiconductor, micro-electromechanical systems (MEMS), and medical and optoelectronics device manufacturers, DepTec manufactures chemical vapor and physical vapor deposition systems. The company also designs, develops, manufactures, and services advanced vacuum and plasma technology-based systems as well as control systems and software solutions for the semiconductor industry.
Rob MacKenzie, Director and Co-Founder of DepTec says, “We are extremely proud to become part of the Dalrada group of companies and are confident that this provides DepTec a platform to expand our market penetration and portfolio expansion at an accelerated pace. DepTec is ideally positioned to collaborate with Likido® Green Energy products and will assist in developing semiconductor manufacturing channels.”
MacKenzie added, “We are also pleased to continue assisting customers with advancing their corporate environmental responsibility and ESG goals by reducing equipment carbon footprints and reducing power, gas, and chemical consumption, in conjunction with Likido®.”
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)
With perseverance, valor, dedication, and vision, Dalrada Corporation is dedicated to tackling worldwide challenges of today and tomorrow.
Dalrada is a global company that operates under the tenet of creating impactful innovations that matter for the world. The Company works continually to produce disruptive solutions that bridge the gap of accessibility and accelerate positive change for current and future generations.
Established in 1982, the Company has since grown its footprint to include the business divisions: Dalrada Health, Dalrada Precision, and Dalrada Technologies. Each of Dalrada's subsidiaries actively produces affordable and accessible world-class solutions to global problems. For more information, please visit www.dalrada.com.
About Deposition Technology Ltd. (DepTec)
DepTec was founded in 2004 to provide refurbished Varian PVD Systems, including the 3180/3190, 3290 and XM-90 systems as well as the Novellus Concept 1 and 2 PECVD Systems.
Over the years, the company has developed re-manufacturing capabilities and robust upgrades to legacy systems to keep them in operation while updating them with the latest technology and advanced features.
In 2014, DepTec developed its own unique PVD system, the EVOS, and entered the OEM arena. The company now has multiple systems installed to assist in producing devices used in the latest medical and communications products.
DepTec innovates with continuous R&D programs, developing the next generation of precision equipment and upgrades. To learn more about Deposition Technology Ltd., please visit www.deptec.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 several important factors and will be dependent upon a variety of factors including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations regarding these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the US Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.
Denise Mahaffey
858.283.1253
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Company Joins Industry Partners to Keep Sizewell B Nuclear Power Plant Operating to 2055
SUFFOLK, England--(BUSINESS WIRE)--Westinghouse, together with Jacobs and General Electric, has been chosen by EDF to support the preliminary life extension work at the Sizewell B nuclear power station in Suffolk, United Kingdom. EDF, which operates Sizewell B, is leading a Long-Term Operation (LTO) program aimed at extending the station’s operating lifespan by 20 years to 2055.
“Westinghouse brings the innovation, team, and tools that will improve Sizewell B’s performance and guarantee a safe and cost-effective operational extension,” said Tarik Choho, Westinghouse President, EMEA Operating Plant Services. “We are very proud to join Jacobs and General Electric on this key project to extend Sizewell B’s operational lifetime which, in turn, will support the UK’s economic growth and job market, providing a safe path to a clean energy future.”
Paul Morton, EDF Chief Nuclear Officer, said, “Sizewell B power station is an important national asset that helps deliver clean, independent energy supplies. EDF is actively exploring a 20-year life extension opportunity to take output to 2055. A final investment decision is anticipated by 2024.”
The first phase of the program includes scoping and cost-benefit analysis before a final investment decision is made in 2024. EDF estimates the value of this phase at US$14 million to all participants.
Sizewell B is the UK’s only commercial pressurized water reactor and is the most modern and efficient plant in the UK’s civil nuclear fleet. The UK’s nuclear stations have generated more than 2,000 terawatt hours of zero-carbon electricity since 1976 – enough to power all the UK’s homes for more than 18 years – and their output has avoided the emission of 700 million tons of CO₂.
Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear technologies to utilities globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world's operating nuclear plants. For over 130 years, innovation makes Westinghouse the preferred partner for technologies covering the complete nuclear energy life cycle. Visit www.westinghousenuclear.com for more information.
Cathy Mann
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Breakthrough Digital Innovation Provides Wastewater Operators Real-Time Process Recommendations to Optimize Chemical Usage and Aeration
STOCKHOLM--(BUSINESS WIRE)--#LetsSolveWater--Wastewater utilities can now achieve compliance targets while cutting energy consumption from aeration by up to 25% with Xylem Edge Control. This off-the-shelf suite of digital solutions for conventional activated sludge (CAS) plants marks the latest breakthrough in the digitization of water utilities. With Xylem Edge Control, wastewater operators can now control and monitor their assets, improve nutrient removal, save energy and reduce costs.
“Wastewater utilities are constantly balancing the need to ensure service reliability and compliance alongside the need to manage costs,” said Chris Taylor, Global Product Manager at Xylem. “Xylem Edge Control helps wastewater utilities confidently walk that line, bringing together our digital innovation expertise and insights from our deep bioprocessing experience, in a suite of solutions that maximizes process control while dramatically cutting energy consumption and supporting sustainability goals.”
“Utilities around the world are well on the way to digitizing their networks and reaping major water, energy and cost efficiencies. Xylem Edge Control is a versatile, multi-functional solution that meets wastewater utilities where they are on that journey – and sets them up to unlock more of the benefits of digital transformation.”
The Edge Control solutions apply analytics to real-time data to provide rapid process recommendations to optimize chemical usage and aeration. As utilities target emissions reductions, Edge Control is the latest high-efficiency technology that can help utilities cut energy-related greenhouse gas (GHG) emissions and make fast progress towards achieving net-zero targets. The platform can operate with any Programmable Logic Controller under various communications protocols and connect to existing hardware, including sensors and probes.
Xylem Edge Control combines four solutions:
The launch of Xylem Edge Control follows rigorous field testing across North America, including Washington and Indiana, including the wastewater treatment operations serving the city of Muncie, Indiana.
“With Muncie being the home to Ball State University, the city undergoes a major swing in population from around 70,000 people while school is in session to approximately 48,000 when school is out of session,” said Jason Ingram, Plant Superintendent at Muncie Wastewater Treatment Plant in Muncie, IN, where Xylem Edge Control Pulsed Aeration has been installed. “That’s a decrease in population of over 30%. It is during these months of decreased load where we benefit from Pulsed Aeration most. With our upgrades from Xylem’s Pulsed Aeration we are able to save $5,000 a month on energy costs.”
Global water utilities account for approximately 2% of global GHG emissions – the equivalent of the world’s shipping industry. However, innovative solutions like Edge Control can help mitigate a substantial portion of the emissions generated by inefficient wastewater operations, quickly and affordably. Furthermore, by deploying readily available advanced solutions, utilities could cut the water industry’s GHG emissions by 50% across both clean water and wastewater activities.
Xylem Edge Control can be used as a stand-alone process or as a connected, subscription-based enterprise with fees based on efficiency and savings. When connected via the Cloud, Xylem Edge Control provides data visualization, allowing the customer to see the energy savings on a monthly basis; real-time data trending reports, showing details such as ammonia and TIN concentrations and alert and alarm texts/email notifications, displaying instrumentation and software status.
Xylem Edge Control Pulsed Aeration, Xylem Edge Control Ammonia Removal and Xylem Edge Control Ammonia + Nitrogen Removal are now available for purchase globally. Xylem Edge Control P – Removal will be available to customers globally later this year.
About Xylem
Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation. Our 17,000 diverse employees delivered revenue of $5.2 billion in 2021. We are creating a more sustainable world by enabling our customers to optimize water and resource management, and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com.
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1 AvN® is a trademark of World Water Works, Inc.
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DUBLIN--(BUSINESS WIRE)--The "Global Yacht Charter Market (2022-2027) by Charter Type, Source, Size, Type of Contract and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Yacht Charter Market is estimated to be USD 16.1 Bn in 2022 and is expected to reach USD 21.65 Bn by 2027, growing at a CAGR of 6.1%.
Market dynamics are forces that impact the prices and behaviors of the Global Yacht Charter Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
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For more information about this report visit https://www.researchandmarkets.com/r/x2paha
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INVERNESS, Fla.--(BUSINESS WIRE)--Maitais Rodgers, marine technician at Apopka Marine, recently completed the Yamaha Marine Apprentice Program (YMAP) offered through Yamaha Marine University™ (YMU). YMAP helps marine dealers combat the current shortage of marine technicians by fostering qualified new technician careers. The program includes 4,000 hours of comprehensive, hands-on Yamaha outboard technician training supported by an online platform.
“The program at Apopka is a perfect example of how Yamaha is leading the charge to help proactively combat the shortage of marine technicians,” said Gregg Snyder, Marine Training Department Manager, Yamaha U.S. Marine Business Unit. “Grooming technicians from the ground up through tech schools, apprentice programs and ongoing training is a proven formula that works for many dealerships.”
YMAP pairs experienced mentors in dealership service departments with novice technicians to help them learn the key skills they need to further develop their careers in the marine industry. Apopka Marine Service Manager and Master Technician Greg Hughes served as Rogers’ mentor during the program, which includes hands-on Yamaha outboard technician training covering maintenance, outboard rigging, trailers, outboard fuel systems, outboard powerhead components and operation, outboard lower units, outboard trim and tilt units, outboard electrical systems and troubleshooting.
“Maitais came to us with minimum experience in the marine service industry,” said Apopka Marine owner Joe Bega. “He was detailing boats when I approached him about becoming a technician. Our industry has a severe shortage of qualified technicians and the YMAP program seemed like a perfect fit.”
Maitais’s goals for his future include achieving additional certifications, ultimately earning his Master Technician certification.
Yamaha Marine products are marketed throughout the United States and around the world. Yamaha Marine Engine Systems, based in Kennesaw, Ga., supports its 2,000 U.S. dealers and boat builders with marketing, training and parts for Yamaha’s full line of products and strives to be the industry leader in reliability, technology and customer service. Yamaha Marine is the only outboard brand to have earned NMMA®’s C.S.I. Customer Satisfaction Index award every year since its inception. Visit www.yamahaoutboards.com.
REMEMBER to always observe all applicable boating laws. Never drink and drive. Dress properly with a USCG-approved personal floatation device and protective gear.
© 2022 Yamaha Motor Corporation, U.S.A. All rights reserved.
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