DUBLIN--(BUSINESS WIRE)--The "Gas Insulated Substation Market Forecast, Trend Analysis & Opportunity Assessment 2021-2031" report has been added to ResearchAndMarkets.com's offering.
A recent market study published by on the Gas Insulated Substation Market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics.
After conducting thorough research on the historical and current growth parameters of the Gas Insulated Substation Market, the growth prospects of the market are obtained with maximum precision.
Gas Insulated Substation Market: Taxonomy
The Global Gas Insulated Substation Market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Voltage Rating
Base of Installation
End Use
Region
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/jk23i9
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Archaea Energy Inc. (the “Company”) (NYSE: LFG) today announced the commencement of an underwritten public offering of 12,993,603 shares of the Company’s Class A common stock (the “Offering”) by an existing stockholder of the Company, Aria Renewable Energy Systems LLC (the “Selling Stockholder”). The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 1,949,040 shares of the Company’s Class A common stock. The Offering consists entirely of shares of Class A common stock to be sold by the Selling Stockholder, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholder.
Barclays and Jefferies are acting as joint book-running managers for the Offering.
The Company has filed a registration statement on Form S-1 (Registration No. 333-260094) (including a base prospectus), which has been declared effective by the Securities and Exchange Commission (“SEC”). The Company has also filed a preliminary prospectus supplement with the SEC for the Offering. The Offering will be made only by means of a prospectus supplement and an accompanying prospectus. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and accompanying prospectus, as well as copies of the final prospectus supplement once available, may be obtained by contacting: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it., or Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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 ARCHAEA
Archaea Energy Inc. is one of the largest RNG producers in the U.S., with an industry-leading platform and expertise in developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low carbon fuel. Archaea’s innovative, technology-driven approach is backed by significant gas processing expertise, enabling Archaea to deliver RNG projects that are expected to have higher uptime and efficiency, faster project timelines, and lower development costs. Archaea partners with landfill and farm owners to help them transform potential sources of emissions into RNG, transforming their facilities into renewable energy centers. Archaea’s differentiated commercial strategy is focused on long-term contracts that provide commercial partners a reliable, non-intermittent, sustainable decarbonizing solution to displace fossil fuels.
FORWARD-LOOKING STATEMENTS
This press release contains certain statements that may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that do not relate strictly to historical or current facts are forward-looking and usually identified by the use of words such as “anticipate,” “estimate,” “could,” “would,” “should,” “will,” “may,” “forecast,” “approximate,” “expect,” “project,” “intend,” “plan,” “believe” and other similar words. Statements regarding the Offering, including the size thereof, are forward-looking statements and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed in such forward-looking statements. These risks and uncertainties include, but are not limited to, general market conditions and the ability to satisfy customary closing conditions related to the Offering. Other risks and uncertainties relating to the Company are described under Part I, Item 1A, “Risk Factors,” and elsewhere in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and other documents filed or to be filed with the SEC by the Company. In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse impact on it. Forward-looking statements are based on current expectations, estimates, projections, targets, opinions and/or beliefs of the Company, and any forward-looking statement speaks only as of the date on which such statement is made. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
ARCHAEA
Megan Light
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346-439-7589
Blake Schreiber
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346-440-1627
Clear Seas’ new online guide sheds light on the waste commercial ships can and can’t dispose of at sea
VANCOUVER, British Columbia--(BUSINESS WIRE)--#shipwaste--More than 55,000 commercial ships sail the world’s waters annually, carrying essential goods and products that people depend on. As they move from port to port, these ships generate a range of waste and residual material, from lubrication oil, to wash water, ballast water, greywater, leftover contents in cargo holds, sewage, food waste, and other garbage.
The issue – and often confusion – around how commercial vessels treat and dispose of that waste and where it can be legally discharged is the subject of a new bi-lingual (English-French), online guide developed by Clear Seas Centre for Responsible Marine Shipping (Clear Seas). This tool gives readers an opportunity to explore and get an inside look at the different types of waste ships and their crews generate as part of daily operations, and better understand how the management and disposal of these wastes are regulated in both Canadian and international waters.
Visit the page and learn about ship waste here.
The new interactive guide is innovative because it takes users inside a large commercial vessel where they can interact with the different components, and discover what waste or residue is either created by ship crews, such as sewage, grey water, and garbage, or a result of engines and machines, including the oil that leaks from propeller shafts. It also looks at how waste from bilge pumps or surplus wash material from cargo holds is treated and regulated. The guide answers commonly asked questions about ship-generated waste and how certain levels and limits to discharge are determined.
While the marine shipping industry has been making headlines on reducing greenhouse gas emissions, they are also moving to zero waste on ships, just like all levels of government, business, and the public at large. For example, Quebec-based shipping company Desgagnés is working to ensure its flagship cargo and passenger vessel, the Belle Desgagnés, becomes the first Canadian vessel to produce zero landfill waste.
Other zero-waste programs operated through the Green Marine environmental certification program offer a process for the marine shipping industry to reduce their environmental footprint. Participants include ship owners, port authorities, terminal operators, and shipyard managers – who must demonstrate measured improvement to maintain their Green Marine certification. They use 14 performance indicators that measure progress in combating air, land, and water pollution.
Clear Seas’ online guide to managing the waste from commercial ships is an important resource for everyone concerned about minimizing the impact from shipping on the environment.
ABOUT CLEAR SEAS
Clear Seas is a not-for-profit independent research centre that provides impartial information on marine shipping in Canada to policy makers and the public. The organization’s research agenda is defined internally in response to current issues, reviewed by a research advisory committee, and approved by a board of directors. All publications are available at clearseas.org
Media:
Edward Downing
Director of Communications
Tel.: (778) 730-1359 or cell (604) 817-3058
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MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG) (“SolarEdge”) today announced the closing of its previously-announced underwritten public offering of 2,300,000 shares of its common stock at $295.00 per share (the “Common Stock”), for total gross proceeds of $678.5 million (before deduction for the underwriters’ discount and other offering expenses). This number includes 300,000 shares sold to the underwriters upon exercise of their option to purchase additional shares.
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as joint book-running managers for the Common Stock offering.
SolarEdge intends to use the net proceeds from the offering for general corporate purposes, which may include acquisitions. However, SolarEdge does not have agreements or commitments for any acquisitions at this time.
The offering was made pursuant to an effective shelf registration statement that had been filed with the Securities and Exchange Commission (the “SEC”). A copy of a final prospectus supplement with respect to the offering of the Common Stock and the accompanying prospectus have been filed with the SEC and are available on the SEC’s website located at http://www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus related to the offering of Common Stock may also be obtained from Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Telephone: (866) 471-2526, Attention: Registration Department; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717, or via telephone: 1-866-803-9204; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department .
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any offer or sale of, the Common Stock in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified as such because the statements include information, among other things, concerning: the use of proceeds from the Offering, our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investment plans; dividend policy; competitive position; industry and regulatory environment; general economic conditions; potential growth opportunities; and the effects of competition. These forward-looking statements are often characterized by the use of words such as “may,” “believe,” “expect,” “anticipate,” “plan,” “project,” “will,” “projections,” “estimate,” or other words of similar import. Similarly, statements that describe future financial performance or plans or strategies are forward-looking statements.
Forward-looking statements are only predictions based on SolarEdge’s current expectations and projections about future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause SolarEdge’s actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Given these factors, you should not place undue reliance on these forward-looking statements. These factors include, but are not limited to, the matters discussed in the section entitled “Risk Factors” of SolarEdge’s Annual Report on Form 10-K for the year ended December 31, 2021, filed on February 22, 2022, Current Reports on Form 8-K and other reports filed with the SEC. All forward-looking statements included in this release are given only as at the date hereof and SolarEdge assumes no obligation, and disclaims any duty, to update the forward-looking statements in this release.
You should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur. SolarEdge cannot guarantee future results, levels of activity, performance or achievements. SolarEdge is under no duty to update any of these forward-looking statements after the date of this release or to conform these statements to actual results or revised expectations.
Investor Contacts
SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263
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or
Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
+1 617-542-6180
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DUBLIN--(BUSINESS WIRE)--The "Power Air Purifying Respirators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Power Air Purifying Respirators Market to Reach $3 Billion by 2026
The global market for Power Air Purifying Respirators estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2026, growing at a CAGR of 7.8% over the analysis period.
Several factors such as growing air pollution and airborne diseases have been increasing the demand for air purifying respirators globally. Growing awareness among the people about the importance of safety at work environments is expected to add to market expansion. Positive government regulations with respect to employees` safety and the emergence of various infectious biohazards such as the ongoing Covid-19 pandemic are anticipated to increase the demand for PAPRs.
Full Face Mask, one of the segments analyzed in the report, is projected to grow at a 8.5% CAGR to reach US$1.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Half Mask segment is readjusted to a revised 7.4% CAGR for the next 7-year period.
This segment currently accounts for a 31.2% share of the global Power Air Purifying Respirators market. The full face mask segment represents the largest category, driven by demand in the healthcare sector. The half-mask PAPR offers higher protection compared to N95 masks as they have high-efficiency filters.
Helmets, Hoods & Visors Segment to Reach $494.8 Million by 2026
Hoods, visors, and helmets are designed to fit several applications in the industrial sector. Growing oil & gas and construction industries augments demand for hoods, visors, and helmets. In the global Helmets, Hoods & Visors segment, USA, Canada, Japan, China and Europe will drive the 6.4% CAGR estimated for this segment.
These regional markets accounting for a combined market size of US$283.1 Million in the year 2020 will reach a projected size of US$436.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$32 Million by the year 2026, while Latin America will expand at a 7.1% CAGR through the analysis period.
The U.S. Market is Estimated at $732 Million in 2021, While China is Forecast to Reach $277.3 Million by 2026
The Power Air Purifying Respirators market in the U.S. is estimated at US$732 Million in the year 2021. The country currently accounts for a 36.36% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$277.3 Million in the year 2026 trailing a CAGR of 9.5% through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR while Rest of European market (as defined in the study) will reach US$303.2 Million by the end of the analysis period. North America dominates market share, owing to increased spending on health and awareness among people.
In addition, strict rules and regulations regarding the usage of air purifying respirators are also expected to augment the demand for PAPRs. Demand in Europe is expected to grow rapidly owing to growing number of respiratory risks. Growing investments in manufacturing, food & beverage, and construction sectors are likely to drive the demand for PAPRs.
Asian countries such as India and China are expected to witness substantial growth due to strict rules with respect to the health and safety of employees in several high-risk applications.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS (Total 51 Featured)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/vttnck
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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IRVING, Texas--(BUSINESS WIRE)--The board of directors of Exxon Mobil Corporation said today that lead independent director Kenneth C. Frazier has announced his intention not to stand for re-election to the board at the annual meeting of shareholders on May 25.
Joseph (Jay) L. Hooley, former chairman and CEO of State Street Corp. and ExxonMobil director since 2020, has been selected by the independent directors to serve as lead director, effective after the annual meeting.
“The board of directors thanks Ken for his tireless work on behalf of the corporation and owes him a deep debt of gratitude,” said Darren Woods, chairman and chief executive officer. “I look forward to working closely with Jay as we continue to strengthen ExxonMobil’s industry leadership position, responsibly meeting global needs while leading in the energy transition.”
Frazier, executive chairman and former chairman and CEO at Merck & Co., Inc., will remain as independent lead director until the annual meeting. He was appointed to the role in 2020, and has been a member of the board since 2009. The role of the lead director has broad oversight responsibilities that were strengthened under Frazier’s leadership.
“ExxonMobil has made significant progress on its strategy to lead in financial and operating performance through the energy transition by leveraging its advantaged portfolio of traditional and lower-emission business opportunities,” said Frazier.
“I am grateful for the opportunity to have worked with so many talented people at the company, including Darren and the members of the board. I’m pleased with how our board has come together constructively over the past year to build on the company’s progress and momentum. After 13 years on the board, I have made the decision to move on for reasons unrelated to the company. Jay is a terrific choice as my successor, and I congratulate him on his new role.”
About ExxonMobil
ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com and the Energy Factor.
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The Washington, D.C.-based sustainability industry veteran with 30+ years of expertise has been recognized for her efforts advocating for the importance of improving existing buildings and becoming a champion of BREEAM in the U.S.
WASHINGTON--(BUSINESS WIRE)--The 100-year-old global building science center BRE Group (‘BRE’) has just revealed the winners of its annual BREEAM Awards, announced at the BREEAM Summit and Awards 2022 – a thought leadership and networking conference, followed by a celebration of sustainable building design. Notably, of the many esteemed international nominees considered for the category, the coveted annual Director’s Award has been granted to U.S.-based Julia Craighill of Ensight for her commendable work championing existing buildings and advocating for BREEAM as a solution to support real estate industry leaders achieve ESG goals.
BREEAM, which is a core part of BRE’s work, has been the world-leading sustainability assessment method for planning projects, infrastructure and buildings for over 30 years. The BREEAM Awards is an annual celebration recognizing the projects, people and organizations that, in the view of the independent judging panel, are leading the way with significant achievements in sustainable building design, development and management.
Julia Craighill – the founder and president of Ensight, a Washington D.C.-based firm that provides strategic consulting to help businesses improve the green performance of everyday operations in their workplaces and buildings – was chosen for this global recognition based on her advocacy for BREEAM and dedicated work supporting existing buildings to achieve BREEAM certification, among other ESG goals.
“In recent years, I’ve developed and solidified a wonderful relationship with BREEAM and its U.S.-based team, and it is an honor to receive this award recognizing the meaningful work that’s been done since my first interaction with the organization back in 2016,” said Craighill. “I specialize in advancing the sustainability of existing buildings – an essential focus for the industry considering that the 11 million existing buildings in the U.S. consume more than 76% of national electricity use and more than 40% of all energy use and associated greenhouse gas (GHG) emissions. BREEAM In-Use offers a holistic, informed approach to guide the nascent U.S. market towards sustainability best practice for existing buildings. And I look forward to continued use of BREEAM In-Use to help focus on not just greenhouse gas emissions, but also improved health and wellness, enhanced land use and ecological systems, risk management, reduced pollution, and resilience.”
Craighill’s three-decade-long career in architecture and construction has been dedicated to sustainability, and she brings a wealth of knowledge and expertise to her current work consulting on assets that span across the built environment. Craighill is the first certified BREEAM In-Use Assessor in the state of Maryland, and the eleventh In-Use Assessor in the entirety of the United States. Her ability to seamlessly educate clients and navigate the certification process – from initial registration through rating – has made her an indispensable partner for owners, managers, and occupiers of existing buildings across the nation.
Tuesday’s Summit and Awards were hosted by BRE Head of Building Performance Services Dr Shamir Ghumra, and included a keynote speech from Marie Frier, Global Head of ESG research at Barclays Bank. Marie discussed how the financial sector can support real estate’s transition to net zero, with a focus on the role of green finance. Other keynote speakers and panelists included Grace Kwok, Chairman and Executive Director, Allied Sustainability and Environmental Consultants Group Limited, Leah Barnes, Sustainability Manager, CEG and Chris Hocknell, Director, Eight Associates who explored practical solutions to achieving net zero in the built environment.
Dr Shamir Ghumra, Head of Building Performance Services at BRE, said at the event, “In a year which has seen us begin to bounce back from the pandemic, it feels particularly special to be able to celebrate such wonderful and innovative achievements from across the globe. Ensuring that buildings are fit for the future, while at same time enhancing people’s quality of life, has always been at the heart of what we do. This ceremony gives us the opportunity to thank those who have and will continue to support and advocate for BREEAM.”
Additionally, three U.S. assets owned by Unibail Rodamco Westfield have been shortlisted for the “Regional – Americas” Award category, including Westfield UTC in San Diego, CA; Westfield Garden State Plaza in Paramus, NJ; and Westfield Century City in Los Angeles, CA. Two additional U.S.-based projects have been shortlisted for the “Your BREEAM” Award – a category that is judged by a voting system open to the public. These two projects are:
The full list of 2022 BREEAM Award winners includes:
For more information on the BREEAM Summit and Awards, visit the site here. And for more information on BREEAM US, visit us here.
Notes to Editors
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About BRE & BREEAM
BRE is a world leading, multi-disciplinary, building science centre with a mission to improve buildings and infrastructure, through cutting-edge research and knowledge generation. BRE maintains a range of products, services, standards and qualifications that are used around the world to bring about positive change in the built environment. Learn more at www.bregroup.com.
BREEAM is the world’s leading sustainability assessment methodology for master planning projects, infrastructure and buildings. It recognizes and reflects the value in higher performing assets across the built environment lifecycle, from new construction, through performance in operation, to refurbishment. BREEAM, an Energy Star Partner, does this through third party certification of the assessment of an asset’s environmental, social and economic sustainability performance, using standards developed by BRE. This means BREEAM rated developments are more sustainable environments that enhance the well-being of the people who live and work in them, help protect natural resources and make for more attractive property investments. Learn more at www.breeam.com.
Emily Kaufold
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HOUSTON--(BUSINESS WIRE)--VOC Energy Trust (the “Trust”) (NYSE: VOC) on March 17, 2022 filed its Annual Report on Form 10-K for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report on Form 10-K is available in the “SEC Filings” section of the Trust’s website at http://voc.q4web.com/home/default.aspx as well as on the SEC’s website at www.sec.gov.
Trust unitholders may also request a printed copy of the Annual Report on Form 10-K, which includes audited financial statements, free of charge by submitting a request in writing to:
VOC Energy Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina C. Rodgers
(713) 483-6020
601 Travis Street, Floor 16, Houston, TX 77002
VOC Energy Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina C. Rodgers
(713) 483-6020
TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, is pleased to announce that it has launched Kontrol Carbon as its branded solution to support its commercial and industrial customers in the areas of GHG emission monitoring, management and carbon credit monetization.
“We see the continued growth in interest from customers who are dealing with GHG emission regulations or seek to voluntarily reduce their GHG emission footprint. We seek to leverage the Kontrol brand and assist our customers in better monitoring, managing and in some cases offsetting and/or verifying the capture of their GHG emissions,” says Paul Ghezzi, CEO of Kontrol Technologies. “Commercial and industrial buildings represent a significant source of GHG emissions, and we look forward to offering our solutions to help solve this global challenge.”
Solutions offered under the Kontrol Carbon brand will include GHG emission verification, carbon offsets and carbon capture verification. The solutions will be offered under the Kontrol Carbon brand by Kontrol’s wholly owned operating subsidiaries and will cover the industrial and commercial sector.
To accelerate its focus on the industrial building and customer market, the Company is pleased to welcome Ian Colquhoun, Ph.D., P.Geo to its Kontrol Carbon as Director of GHG Emissions. Ian is a PhD graduate of Western University and has a well-established career as a professional Geologist supporting the oil and gas and potash industries within Canada and the USA. He has worked as a petroleum geologist since 1995 and has been employed in managerial roles for small to medium sized, private, and publicly traded oil and gas companies since 2001. Ian represented the Ontario oil and gas industry as President of the Ontario Petroleum Institute (OPI) from 2012 to 2014. He has worked alongside of the Executive Director of the OPI in the preparation of the industry Sustainability Plan and Orphan Well Reclamation Program to the Ontario Provincial Government. Ian recently served as an industry representative on the Ministerial Petroleum Advisory Council.
USA REIT
Kontrol is also pleased to announce that it has been selected by a USA REIT, which operates hundreds of buildings across North America, to provide an energy management solution for the common areas of two (2) commercial buildings. Kontrol was selected following a submission and review process which began in 2021. As part of the energy management solution, Kontrol will install its SmartSuite technology and Cloud platform to provide visibility, analytics and smart control over areas which have experienced a large increase in energy costs. The installation is anticipated to be completed by the end of June 2022. For industry competitive purposes, the name of the REIT will remain confidential.
Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: future Carbon solutions to be offered by Kontrol for its potential customers; future goal of monetizing carbon credits; the anticipated timing of the installation of and energy savings that SmartSuite will provide for the USA REIT customer; the future success of any of Kontrol’s products; and customer demand relating to energy management.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future Carbon solutions can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; that the anticipated timing of the installation of and energy saving relating to the SmartSuite will go as planned for the USA REIT customer; and that demand will continue for energy management products and for the Company’s products in particular.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that the Company’s technologies will not prove as effective as expected; that customers and potential customers will not be as accepting of the Company's product and service offerings as expected and/or that demand for such products and services will not continue; that Kontrol Carbon will not be replicated in the future or that monetizing carbon credits will be attainable; and that the Company will not maintain its existing relationships or contracts on the same terms or at all.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
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180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: (905) 766.0400
Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
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Tel: +1 (949) 546.6326
HOUSTON--(BUSINESS WIRE)--MV Oil Trust (the “Trust”) (NYSE: MVO) on March 17, 2022 filed its Annual Report on Form 10-K for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report on Form 10-K is available in the “SEC Filings” section of the Trust’s website at http://mvo.q4web.com/home/default.aspx as well as on the SEC’s website at www.sec.gov.
Trust unitholders may also request a printed copy of the Annual Report on Form 10-K, which includes audited financial statements, free of charge by submitting a request in writing to:
MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina C. Rodgers
(713) 483-6020
601 Travis Street, Floor 16, Houston, TX 77002
MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina C. Rodgers
(713) 483-6020
ComEd partners with Fosler Solar, Trajectory Energy to offer free access to solar energy for low and moderate income customers
KANKAKEE, Ill.--(BUSINESS WIRE)--ComEd today announced the launch of a community solar project in Kankakee County that offers qualified ComEd customers throughout northern Illinois access to solar energy and savings of up to $1,000 annually on their electricity bills for a three-year subscription term. The Gar Creek solar project will serve up to 600 customers, and applications will be accepted through April 15 at ComEd.com/GiveARay. The project is owned by Fosler Solar, a Babcock & Wilcox company in Freeport, Ill., and was developed by Trajectory Energy Partners of Illinois.
Community solar facilities are shared by subscribers who earn credits on their electricity bills for their share of the power produced by a solar array. The Gar Creek project is part of ComEd’s “Give-A-Ray” program, which increases access to clean, solar energy for low and moderate income customers. The Gar Creek project is open to qualified customers who live anywhere in ComEd’s northern Illinois region. ComEd will pay all subscription fees on behalf of customers and manage enrollment.https://vimeo.com/690724724/63b00f403a
“At ComEd, we are committed to making the transition to clean energy as inclusive as possible, and the Gar Creek project will help us achieve that goal,” said Scott Vogt, vice president of energy acquisition at ComEd. “Our partners at Fosler Solar and Trajectory Energy share our vision, and we are excited to work with them to provide qualified customers anywhere in our region with access to solar energy regardless of their income level.”
The program is enabled by Illinois Solar for All, which helps make solar installations more affordable through state incentives, and through ComEd’s partnerships with community solar developers. The first program of its kind in Illinois, Give-A-Ray was launched last year with a community solar project that serves qualified customers in the Rockford area.
“The Gar Creek community solar project provides a unique opportunity for qualified customers to access clean, solar energy and realize meaningful savings on their energy bill,” said Nathaniel Dick, director of energy, Preservation of Affordable Housing, Inc., which supports enrollment in the project. “ComEd’s Give-A-Ray community solar program helps reduce the energy burden at our sites for low-to-moderate income families.”
By the end of this year, ComEd expects to have more than 80 community solar projects interconnected to its grid, enabling residential customers to participate in the benefits of solar energy without needing to install solar panels on their own homes. Last year ComEd also received – for the third year in a row – more than 10,000 applications from residential, commercial and industrial customers to connect distributed energy resources like solar energy to the ComEd system.
The Gar Creek community solar project is located in a low-income neighborhood and includes two solar arrays with a combined solar generation capacity of 3.5 megawatts. One of the nation’s leading community solar developers, Trajectory Energy Partners develops projects across Illinois with a focus on creating energy bill savings for qualified residents, non-profits and public facilities in environmental justice and low-income areas.
ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube
ComEd Media Relations
312-394-3500
NEW YORK--(BUSINESS WIRE)--Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL) today announced the pricing of an upsized underwritten public offering of 1.75 million shares (“shares”) of its common stock (“Public Offering”), at a price per share to the public of $65.00, for aggregate gross proceeds of $113.75 million. Piedmont has granted the underwriters a 30-day option to purchase up to an additional 262,500 shares at the issue price of the Public Offering. The Public Offering is expected to close on March 24, 2022, subject to customary closing conditions.
Piedmont intends to use the net proceeds from the offering to fund the Company’s share of the capital required to restart the operations at North American Lithium in Quebec, to fund exploration and definitive feasibility studies at Eyowaa in Ghana, to advance the Company’s merchant lithium hydroxide plant in the southeastern United States, and to continue development of the Carolina Lithium Project, including ongoing permitting activities, engineering design, and property acquisition. Additionally, the net proceeds may be used to fund possible strategic initiatives and for general corporate purposes.
J.P. Morgan and Evercore ISI are acting as joint book-runners for the Public Offering. Canaccord Genuity, B. Riley Securities, BTIG, LLC, Clarksons Platou Securities, Inc., D.A. Davidson & Co., Jett Capital Advisors LLC, Loop Capital Markets, Roth Capital Partners, ThinkEquity and Tuohy Brothers are acting as co-managers for the Public Offering.
The Public Offering is being made pursuant to an effective shelf registration statement that has been filed with the U.S. Securities and Exchange Commission (the “SEC”). A final prospectus supplement related to the Public Offering will be filed with the SEC and made available on the SEC’s website at http://www.sec.gov and on the ASX website. Copies of the final prospectus supplement, when available, and the accompanying prospectus relating to the Public Offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204 or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it.; and Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by telephone at (888) 474-0200 or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..
This press release is not an offer or sale of the securities in the United States or in any other jurisdiction where such offer or sale is prohibited, and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act of 1933, as amended.
Forward-Looking Statements
This press release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “expect,” “estimate,” “may,” “might,” “will,” “could,” “can,” “shall,” “should,” “would,” “leading,” “ objective,” “intend,” “contemplate,” “design,” “predict,” “potential,” “plan,” “target” and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements. Such factors include, among others, risks related to: risks related to whether the Company will close the Public Offering on the expected terms, or at all; the anticipated use of the net proceeds of the Public Offering; the fact that the Company’s management will have broad discretion in the use of the proceeds from any sale of the shares; the risk that anticipated plans, development, production, revenues or costs are not attained; the Company’s operations being further disrupted and the Company’s financial results being adversely affected by public health threats, including the novel coronavirus pandemic; the Company’s limited operating history in the lithium industry; the Company’s status as a development stage company, including the Company’s ability to identify lithium mineralization and achieve commercial lithium mining; mining, exploration and mine construction, if warranted, on the Company’s properties, including timing and uncertainties related to acquiring and maintaining mining, exploration, environmental and other licenses, permits, access rights or approvals in Gaston County, North Carolina, the Province of Quebec, Canada and Cape Coast, Ghana as well as properties that Piedmont may acquire or obtain an equity interest in the future; completing required permitting activities required to commence processing operations for the LHP-2 Project; the Company’s ability to achieve and maintain profitability and to develop positive cash flows from the Company’s processing activities; the Company’s estimates of mineral reserves and resources and whether mineral resources will ever be developed into mineral reserves; investment risk and operational costs associated with the Company’s exploration activities; the Company’s ability to develop and achieve production on the Company’s properties; the Company’s ability to enter into and deliver products under supply agreements; the pace of adoption and cost of developing electric transportation and storage technologies dependent upon lithium batteries; the Company’s ability to access capital and the financial markets; recruiting, training and developing employees; possible defects in title of the Company’s properties; compliance with government regulations; environmental liabilities and reclamation costs; estimates of and volatility in lithium prices or demand for lithium; the Company’s common stock price and trading volume volatility; the development of an active trading market for the Company’s common stock; the Company’s failure to successfully execute its growth strategy, including any delays in the Company’s planned future growth; and other factors set forth in the Company’s most recent Transition Report on Form 10-KT and subsequent reports, as filed with the SEC.
All forward-looking statements reflect Piedmont’s beliefs and assumptions based on information available at the time the assumption was made. These forward-looking statements are not based on historical facts but rather on management’s expectations regarding future activities, results of operations, performance, future capital and other expenditures, including the amount, nature and sources of funding thereof, competitive advantages, business prospects and opportunities. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, known and unknown, that contribute to the possibility that the predictions, forecasts, projections or other forward-looking statements will not occur. Although Piedmont has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated, or expected. Piedmont cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the securities laws of the United States, Piedmont disclaims any obligation to subsequently revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. Piedmont qualifies all the forward-looking statements contained in this release by the foregoing cautionary statements.
About Piedmont Lithium
Piedmont Lithium is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. The centerpiece of our operations, located in the renowned Carolina Tin Spodumene Belt of North Carolina, when combined with equally strategic and in-demand mineral resources, and production assets in Quebec, and Ghana, positions us to be one of the largest, lowest cost, most sustainable producers of battery-grade lithium hydroxide in the world. We will also be strategically located to best serve the fast-growing North American electric vehicle supply chain. The unique geology, geography and proximity of our resources, production operations and customer base, will allow us to deliver valuable continuity of supply of a high-quality, sustainably produced lithium hydroxide from spodumene concentrate, preferred by most EV manufacturers. Our planned diversified operations should enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage. As a member of organizations like the International Responsible Mining Association, and the Zero Emissions Transportation Association, we are committed to protecting and preserving our planet for future generations, and to making economic and social contributions to the communities we serve.
Keith Phillips
President & CEO
T: +1 973 809 0505
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
Patrick Brindle
EVP – Chief Operating Officer
T: +1 412 818 0376
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DUBLIN--(BUSINESS WIRE)--The "Sustainable Aviation Fuel Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global sustainable aviation fuel market to grow with a CAGR of 61% nearly the forecast period from 2021-2027.
The report on the global sustainable aviation fuel market provides qualitative and quantitative analysis for the period from 2019 to 2027. The study on sustainable aviation fuel market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2019 to 2027.
The report on sustainable aviation fuel market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global sustainable aviation fuel market over the period of 2019 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global sustainable aviation fuel market over the period of 2019 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
What does this Report Deliver?
Company Profiles
Report Findings
1) Drivers
2) Restraints
3) Opportunities
Segment Covered
The Global Sustainable Aviation Fuel Market by Fuel Type
The Global Sustainable Aviation Fuel Market by Aircraft Type
The Global Sustainable Aviation Fuel Market by Platform
Key Topics Covered:
1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Sustainable Aviation Fuel Market Highlights
2.2. Sustainable Aviation Fuel Market Projection
2.3. Sustainable Aviation Fuel Market Regional Highlights
3. Global Sustainable Aviation Fuel Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Analysis of COVID-19 impact on the Sustainable Aviation Fuel Market
3.4. Porter's Five Forces Analysis
3.5. Growth Matrix Analysis
3.5.1. Growth Matrix Analysis by Fuel Type
3.5.2. Growth Matrix Analysis by Aircraft Type
3.5.3. Growth Matrix Analysis by Platform
3.5.4. Growth Matrix Analysis by Region
3.6. Value Chain Analysis of Sustainable Aviation Fuel Market
4. Sustainable Aviation Fuel Market Macro Indicator Analysis
5. Global Sustainable Aviation Fuel Market by Fuel Type
5.1. Biofuel
5.2. Hydrogen Fuel
5.3. Power to Liquid Fuel
6. Global Sustainable Aviation Fuel Market by Aircraft Type
6.1. Fixed Wings
6.2. Rotorcraft
6.3. Others
7. Global Sustainable Aviation Fuel Market by Platform
7.1. Commercial Aviation
7.2. Military Aviation
7.3. Business & General Aviation
7.4. Unmanned Aerial Vehicle
8. Global Sustainable Aviation Fuel Market by Region 2021-2027
8.1. North America
8.1.1. North America Sustainable Aviation Fuel Market by Fuel Type
8.1.2. North America Sustainable Aviation Fuel Market by Aircraft Type
8.1.3. North America Sustainable Aviation Fuel Market by Platform
8.1.4. North America Sustainable Aviation Fuel Market by Country
8.2. Europe
8.2.1. Europe Sustainable Aviation Fuel Market by Fuel Type
8.2.2. Europe Sustainable Aviation Fuel Market by Aircraft Type
8.2.3. Europe Sustainable Aviation Fuel Market by Platform
8.2.4. Europe Sustainable Aviation Fuel Market by Country
8.3. Asia-Pacific
8.3.1. Asia-Pacific Sustainable Aviation Fuel Market by Fuel Type
8.3.2. Asia-Pacific Sustainable Aviation Fuel Market by Aircraft Type
8.3.3. Asia-Pacific Sustainable Aviation Fuel Market by Platform
8.3.4. Asia-Pacific Sustainable Aviation Fuel Market by Country
8.4. RoW
8.4.1. RoW Sustainable Aviation Fuel Market by Fuel Type
8.4.2. RoW Sustainable Aviation Fuel Market by Aircraft Type
8.4.3. RoW Sustainable Aviation Fuel Market by Platform
8.4.4. RoW Sustainable Aviation Fuel Market by Sub-region
9. Company Profiles and Competitive Landscape
9.1. Competitive Landscape in the Global Sustainable Aviation Fuel Market
9.2. Companies Profiled
9.2.1. Neste
9.2.2. Aemetis, Inc
9.2.3. Avfuel Corporation
9.2.4. Avfuel Corporation
9.2.5. Gevo
9.2.6. Lanzatech
9.2.7. Preem AB
9.2.8. Sasol
9.2.9. SkyNRG
9.2.10. World Energy
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/3x7zx4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the fourth quarter ended December 31, 2021, on Friday, March 25, 2022, before the market opens, and to host a conference call to be web cast live on the Company’s website (www.dxpe.com) at 10:30 AM Central Time on Friday, March 25, 2022.
The preliminary results and an accompanying slide presentation will be on the "Investor Relations" section of DXP's website at www.dxpe.com.
DXP's earnings press release, the slides and other related presentation materials will be posted to the "Investor Relations" section of DXP's website under the subheading "Financial Information" prior to the earnings call and will remain available following the call.
The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.
DXP Enterprises, Inc.
Kent Yee, 713-996-4700
Senior Vice President, CFO
www.dxpe.com
PARIS--(BUSINESS WIRE)--Regulatory News:
Technip Energies (PARIS:TE) (the “Company”), a leading Engineering & Technology company for the Energy Transition, today announces the launch of a share buy-back program of up to 29,850,000 euros to be executed until December 31, 2022 following the publication of this press release. The share buy-back program will be carried out in accordance with the authorisation of the Boards of Directors and the provisions of the Market Abuse Regulation (EU) 596/2014, Commission Delegated Regulation (EU) 2016/1052 and Rule 10b5-1(c) of the U.S. Securities Exchange Act of 1934 (as amended).
The Company intends to carry out the buy-back program, and hold the shares bought back as treasury stock, for the purpose of meeting the Company’s obligations under equity incentive plans.
As of March 22, 2022, the Company holds approximately 3 million treasury shares, representing approximately 1.7 percent of its issued share capital.
The Company will appoint one broker to execute the share buy-back program in accordance with all applicable regulations. The broker will make their decisions relating to the purchase of Company shares independently, including with respect to the timing of any purchases, and all purchases effected will be in compliance with daily limits on prices and volumes.
The maximum number of shares that could be acquired under the program for 29,850,000 euros would be 2,700,000 shares, which represents approximately 1.5 percent of the Company’s issued share capital. Purchases of shares will be made on the regulated market of Euronext Paris.
The price paid for any share purchased pursuant to the share buy-back program shall be subject to a maximum of the greater of (i) the price of the last independent trade and (ii) the highest current independent purchase bid on the regulated market of Euronext Paris, and all other terms and conditions that may be agreed with the broker.
The actual timing, number and value of Company shares repurchased under the share buy-back program will depend on a number of factors, including market conditions, general business conditions and applicable legal requirements. The Company is not obligated to carry out the share buy-back program, and, if commenced, the share buy- back program may be suspended and discontinued at any time, for any reason and without previous notice, in accordance with applicable laws and regulations.
The share buy-back program implements the authorization granted by the Company’s sole shareholder prior to the listing of the Company on February 15, 2021 to repurchase shares in accordance with the authorisation of the Board of Directors.
The Company will announce details of any share purchases effected pursuant to the share buy-back program, as required by applicable laws and regulations. The costs that the Company may incur in connection with the purchase of the shares pursuant to the share buy-back program will depend on the price and the terms on which actual purchases are made.
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADRs”) program, with its ADRs trading over-the-counter. For further information: www.technipenergies.com.
Forward-looking statements
This press release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events and anticipated revenues, earnings, cash flows or other aspects of Technip Energies’ operations or operating results. Forward-looking statements are often identified by the words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “may,” “estimate,” “outlook,” and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on Technip Energies. While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.
All of Technip Energies’ forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies’ control) and assumptions that could cause actual results to differ materially from Technip Energies’ historical experience and Technip Energies’ present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.
For information regarding known material factors that could cause actual results to differ from projected results, please see Technip Energies’ risk factors set forth in Technip Energies’ filings with the U.S. Securities and Exchange Commission, which include amendment no. 4 to Technip Energies’ registration statement on Form F-1 filed on February 11, 2021.
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Technip Energies undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
Disclaimers
This release is intended for informational purposes only for the shareholders of Technip Energies. This press release contains information within the meaning of Article 7(1) of the EU Market Abuse Regulation. This press release is not intended for distribution in jurisdictions that require prior regulatory review and authorization to distribute a press release of this nature.
The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, US persons, absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offer of the Shares in the United States or in any other jurisdiction. The Shares are being offered outside the United States in transactions that are not subject to the Securities Act pursuant to Regulation S under the Securities Act (“Regulation S”) to persons other than US persons (within the meaning of Regulation S) and in the United States to "qualified institutional buyers" (“QIBs”) pursuant to an exemption from, or in transactions not subject to, the registration requirements of the Securities Act.
Investors Relations
Philip Lindsay
Vice-President Investors Relations
+44 203 429 3929
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Media Relations
Stella Fumey
Director, Press Relations & Digital Communications
+33 (1) 85 67 40 95
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Jason Hyonne
Press Relations & Social Media Lead
+33 1 47 78 22 89
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DALLAS--(BUSINESS WIRE)--New Concept Energy, Inc. (NYSE American: GBR), (the “Company” or “NCE”) a Dallas-based company, today reported Results of Operations for the fourth quarter and the full year ended December 31, 2021.
During the three months ended December 31, 2021 the Company reported a net loss from continuing operations of $49,000 compared to a net loss from continuing operations of $32,000 for the same period ended December 31, 2020.
For the full year ended December 31, 2021 the Company reported net income of $70,000 compared to a net loss from continuing operations of $52,000 for the same period ended December 31, 2020. In August 2020, the Company sold its oil and gas operation and recorded a gain of $1,968,000 which has been reflected as discontinued operations.
Fiscal 2021 as compared to 2020
Revenues: Total revenues from rent for the leased property was $101,000 in 2021 and 2020.
Operating Expenses: Operating expenses for the real estate property was $77,000 in 2021 and $72,000 in 2020. General and administrative expenses were $360,000 in 2021 and $396,000 in 2020.
Interest Income: Interest Income was $220,000 in 2021 as compared to $242,000 in 2020. The decrease was due to the reduction in the principal balance outstanding due to payments received.
Other Income: Other income was $191,000 in 2021 which is an income tax refund for prior years of $91,000 and $100,000 from the sale of a receivable that had been fully reserved in prior years. Other income was $85,000 in 2020 which is principally an income tax refund for prior years.
Discontinued Operations: During the first nine months of 2020 the Company recorded a net loss from its oil and gas operations of $170,000. In August 2020, the Company sold the oil and gas operation and recorded a gain of $2,138,000.
About New Concept Energy, Inc.
New Concept Energy, Inc. is a Dallas-based company which owns 190 acres of land located in Parkersburg, West Virginia. Located on the land are four structures totaling approximately 53,000 square feet. For more information, visit the Company’s website at www.newconceptenergy.com.
| NEW CONCEPT ENERGY, INC. AND SUBSIDIARIES | |||||||
| CONSOLIDATED BALANCE SHEETS | |||||||
| (amounts in thousands) | |||||||
| December 31, | |||||||
2021 |
2020 |
|
|||||
| Assets | |||||||
| Current assets | |||||||
| Cash and cash equivalents | $ |
252 |
$ |
27 |
|||
| Current portion note receivable (including $3,560 and $3,631 in 2021 and 2020 from related parties) |
|
3,560 |
|
3,683 |
|
||
| Other current assets |
|
- |
|
92 |
|
||
| Total current assets |
|
3,812 |
|
3,802 |
|
||
| Property and equipment, net of depreciation | |||||||
| Land, buildings and equipment |
|
643 |
|
656 |
|
||
| Note Receivable |
|
- |
|
153 |
|
||
| Total assets | $ |
4,455 |
$ |
4,611 |
|
||
| NEW CONCEPT ENERGY, INC. AND SUBSIDIARIES | |||||||
| CONSOLIDATED BALANCE SHEETS - CONTINUED | |||||||
| (amounts in thousands, except share amounts) | |||||||
| December 31, | |||||||
2021 |
2020 |
||||||
| Liabilities and stockholders' equity | |||||||
| Current liabilities | |||||||
| Accounts payable - trade (including $3 and $55 in 2021 and 2020 due to related parties) | $ |
28 |
|
$ |
80 |
|
|
| Accrued expenses |
|
32 |
|
|
32 |
|
|
| Current portion of long term debt |
|
- |
|
|
52 |
|
|
| Total current liabilities |
|
60 |
|
|
164 |
|
|
| Long-term debt | |||||||
| Notes payable less current portion |
|
- |
|
|
122 |
|
|
| Liabilities of assets held for sale |
|
- |
|
|
- |
|
|
| Total liabilities |
|
60 |
|
|
286 |
|
|
| Stockholders' equity | |||||||
| Series B convertible preferred stock, $10 par value, liquidation value | |||||||
| of $100 authorized 100 shares, issued and outstanding one share |
|
1 |
|
|
1 |
|
|
| Common stock, $.01 par value; authorized, 100,000,000 | |||||||
| shares; issued and outstanding, 5,131,934 shares | |||||||
| at December 31, 2021 and 2020 |
|
51 |
|
|
51 |
|
|
| Additional paid-in capital |
|
63,579 |
|
|
63,579 |
|
|
| Accumulated deficit |
|
(59,236 |
) |
|
(59,306 |
) |
|
|
4,395 |
|
|
4,325 |
|
||
| Total liabilities & stockholders' equity | $ |
4,455 |
|
$ |
4,611 |
|
|
| NEW CONCEPT ENERGY, INC. AND SUBSIDIARIES | |||||||||||
| CONSOLIDATED STATEMENTS OF OPERATIONS | |||||||||||
| (amounts in thousands, except per share data) | |||||||||||
| Year Ended December 31, | |||||||||||
2021 |
|
2020 |
|
2019 |
|||||||
| Revenue | |||||||||||
| Rent | $ |
101 |
|
$ |
101 |
|
$ |
98 |
|
||
|
101 |
|
|
101 |
|
|
98 |
|
|||
| Operating expenses | |||||||||||
| Operating Expenses |
|
77 |
|
|
72 |
|
|
61 |
|
||
| Corporate general and administrative |
|
360 |
|
|
396 |
|
|
418 |
|
||
|
437 |
|
|
468 |
|
|
479 |
|
|||
| Operating loss |
|
(336 |
) |
|
(367 |
) |
|
(381 |
) |
||
| Other income (expense) | |||||||||||
| Interest income (including $212 and $226 for the year ended 2021 and 2020 from related parties) |
|
220 |
|
|
242 |
|
|
257 |
|
||
| Interest expense |
|
(5 |
) |
|
(12 |
) |
|
(15 |
) |
||
| Other income (expense), net |
|
191 |
|
|
85 |
|
|
199 |
|
||
|
406 |
|
|
315 |
|
|
441 |
|
|||
| Net income (loss) from continuing operations |
|
70 |
|
|
(52 |
) |
|
60 |
|
||
| Net income (loss) from discontinued operations | |||||||||||
| Gain (loss) from discontinued operations |
|
- |
|
|
(170 |
) |
|
(2,412 |
) |
||
| Gain from Disposal of oil and gas operations |
|
- |
|
|
2,138 |
|
|
- |
|
||
|
- |
|
|
1,968 |
|
|
(2,412 |
) |
|||
| Net income (loss) applicable to common shares | $ |
70 |
|
$ |
1,916 |
|
$ |
(2,352 |
) |
||
| Net income (loss) per common share-basic and diluted | $ |
0.01 |
|
$ |
0.37 |
|
$ |
(0.46 |
) |
||
| Weighted average common and equivalent shares outstanding - basic |
|
5,132 |
|
|
5,132 |
|
|
5,132 |
|
||
New Concept Energy, Inc.
Gene Bertcher, (800) 400-6407
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SASKATOON, Saskatchewan--(BUSINESS WIRE)--$CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) reported today that it filed its annual report on Form 40-F with the US Securities and Exchange Commission. The document includes Cameco’s audited annual financial statements for the year ended December 31, 2021, its management’s discussion and analysis (MD&A), and its Canadian annual information form (AIF).
In addition, Cameco filed its AIF with Canadian securities regulatory authorities. Its audited annual financial statements for the year ended December 31, 2021, and its MD&A were filed with Canadian securities regulatory authorities in February 2022.
All of these documents are posted on our website. Shareholders may obtain hard copies of these documents, including the financial statements, free of charge by contacting:
Cameco Investor Relations
2121 11th Street West
Saskatoon, SK S7M 1J3
Phone: 306-956-6294
On April 6, 2022, Cameco plans to post on its website the management proxy circular that is being distributed to shareholders of record as of March 11, 2022, for its annual meeting of shareholders on May 10, 2022.
Profile
Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.
Investor inquiries:
Rachelle Girard
306-956-6403
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Media inquiries:
Jeff Hryhoriw
306-385-5221
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HOUSTON--(BUSINESS WIRE)--Archaea Energy Inc. (the “Company”) (NYSE: LFG) today announced the pricing of the previously announced underwritten public offering of 12,993,603 shares of the Company’s Class A common stock by an existing stockholder of the Company, Aria Renewable Energy Systems LLC (the “Selling Stockholder”), at a price to the public of $17.75 per share (the “Offering”). The Offering is expected to close on or about March 25, 2022, subject to the satisfaction of customary closing conditions. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,949,040 shares of the Company’s Class A common stock. The Offering consists entirely of shares of Class A common stock to be sold by the Selling Stockholder, and the Company will not receive any proceeds from the Offering, including from any exercise by the underwriters of their option to purchase additional shares of the Company’s Class A common stock.
Barclays and Jefferies are acting as joint book-running managers for the Offering.
The Company has filed a registration statement on Form S-1 (Registration No. 333-260094) (including a base prospectus), which has been declared effective by the Securities and Exchange Commission (“SEC”). The Company has also filed a preliminary prospectus supplement with the SEC for the Offering. The Offering is being made only by means of a prospectus supplement and an accompanying prospectus. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and accompanying prospectus, as well as copies of the final prospectus supplement once available, may be obtained by contacting: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it., or Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, 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 ARCHAEA
Archaea Energy Inc. is one of the largest RNG producers in the U.S., with an industry-leading platform and expertise in developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low carbon fuel. Archaea’s innovative, technology-driven approach is backed by significant gas processing expertise, enabling Archaea to deliver RNG projects that are expected to have higher uptime and efficiency, faster project timelines, and lower development costs. Archaea partners with landfill and farm owners to help them transform potential sources of emissions into RNG, transforming their facilities into renewable energy centers. Archaea’s differentiated commercial strategy is focused on long-term contracts that provide commercial partners a reliable, non-intermittent, sustainable decarbonizing solution to displace fossil fuels.
FORWARD-LOOKING STATEMENTS
This press release contains certain statements that may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that do not relate strictly to historical or current facts are forward-looking and usually identified by the use of words such as “anticipate,” “estimate,” “could,” “would,” “should,” “will,” “may,” “forecast,” “approximate,” “expect,” “project,” “intend,” “plan,” “believe” and other similar words. Statements regarding the Offering, including the expected closing, are forward-looking statements and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed in such forward-looking statements. These risks and uncertainties include, but are not limited to, general market conditions and the ability to satisfy customary closing conditions related to the Offering. Other risks and uncertainties relating to the Company are described under Part I, Item 1A, “Risk Factors,” and elsewhere in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and other documents filed or to be filed with the SEC by the Company. In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse impact on it. Forward-looking statements are based on current expectations, estimates, projections, targets, opinions and/or beliefs of the Company, and any forward-looking statement speaks only as of the date on which such statement is made. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
ARCHAEA
Megan Light
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346-439-7589
Blake Schreiber
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346-440-1627
IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that Dan Ammann, former General Motors president and CEO of Cruise autonomous vehicle company, has been appointed president of ExxonMobil Low Carbon Solutions, effective May 1. Ammann replaces Joe Blommaert, who has elected to retire after 35 years of service.
“We welcome Dan to ExxonMobil and will use his knowledge and experience to continue to build our Low Carbon Solutions business,” said Darren Woods, chief executive officer and chairman. “I thank Joe for his contributions to the company’s success and the significant progress made in developing our lower-emissions business. I wish Joe all the best in retirement.”
Ammann was named CEO of Cruise, which is majority-owned by GM, in 2018, and was appointed president of GM in 2014. He was previously GM’s chief financial officer and joined GM as treasurer in 2010. He helped lead GM's initial public offering following the company’s 2009 restructuring.
Ammann began his career as an investment banker, starting at Credit Suisse First Boston in 1994 and moving to Morgan Stanley in 1999, where he was named a managing director in 2005. Ammann received a bachelor degree in management studies from the University of Waikato in New Zealand.
Blommaert, who has been president of Low Carbon Solutions since its creation in 2021, joined ExxonMobil Chemical in 1988 as a process engineer at the Rozenburg chemical plant in the Netherlands. Following assignments in the Netherlands, Belgium, and the United States, Blommaert was appointed regional director for Europe and Asia Pacific chemical operations in 2014 and became senior vice president of global operations for the Chemical business in 2019.
Blommaert has a master’s degree in chemical engineering from Delft University of Technology in the Netherlands.
ExxonMobil created the Low Carbon Solutions business to commercialize the company’s extensive low-emission portfolio with the objective to create long-term shareholder value and support global emission-reduction efforts.
Low Carbon Solutions is focused on commercializing low-emission business opportunities in carbon capture and storage, hydrogen and low-emission fuels, by leveraging the skills, knowledge and scale of ExxonMobil.
About ExxonMobil
ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com and the Energy Factor.
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Media Relations
972-940-6007
An Unprecedented Step Toward Achieving a Carbon-Neutral Society
TOKYO--(BUSINESS WIRE)--ENEOS Corporation (ENEOS) and Toyota Motor Corporation (Toyota) have signed a joint agreement to explore CO2-free hydrogen production and usage at Woven City, the prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture, Japan. Together with Toyota’s subsidiary Woven Planet Holdings, Inc. (Woven Planet), they will accelerate efforts by managing technical logistics.
As described in the Basic Agreement signed in 2021, ENEOS and Toyota have decided to commence construction and operation of a hydrogen refueling station in close proximity to Woven City to produce and supply CO2-free hydrogen to Woven City and Fuel Cell Electric Vehicles (FCEVs) (Item 1 and 2 set forth below). Together, they will also research and design an efficient hydrogen supply and demand management system (Item 3 described below). The ENEOS hydrogen refueling station is scheduled to begin operations before the opening of Woven City in 2024-2025.
Items to be considered at the time of the Basic Agreement*1
Items that have been decided in the joint development agreement this time
Item 1) |
- Construct a hydrogen refueling station adjacent to Woven City (Scheduled to be constructed at 1576-3, Mishuku Aza Hounokidaira, Susono-city, Shizuoka-Pref., Japan) |
Item 2) |
- Install electrolyzers at the hydrogen refueling station, which will produce CO2-free hydrogen using electricity generated by renewable energy - Supply CO2-free hydrogen to not only various FCEVs from passenger cars to commercial vehicles but also to Woven City using a pipeline - Install a stationary fuel cell generator at the hydrogen refueling station in case of a power outage*3 |
Item 3) |
- Consider connecting the Community Energy Management System (CEMS) of Woven City with the hydrogen EMS of ENEOS to optimize hydrogen production |
The ENEOS hydrogen refueling station will “produce” the hydrogen that will meet the energy needs of “users,” FCEVs in and around Woven City and Woven City as well. This collaboration expedites our progress toward realizing a truly carbon-neutral society and will facilitate and normalize clean energy operations first at Woven City and eventually the world.
Woven City is the project of Toyota aiming to create happiness through mobility of "people," "goods," and "information." It is focused on three pillars. That are: Human-Centered City that makes people happier in their everyday lives, considering the needs of different kinds of people before and during the development of technology; Living Laboratory, the first-of-its-kind test track for mobility where researchers, engineers, and scientists demonstrate innovative ideas and future technologies both virtually and in the real world; and Ever-Evolving City, rooted in Toyota’s kaizen (continuous improvement) approach, is focused on new ideas that provide better mobility of information, goods, and people.
*1 Announced on May 10, 2021 “ENEOS and Toyota Come Together to Make Woven City the Most Hydrogen-Based Society”
*2 Hydrogen can be supplied to FCEVs even during power outages by using stored hydrogen to operate a hydrogen refueling system with a stationary fuel cell generator. This allows the external power supply function of FCEVs to be utilized to provide power support where electricity is needed.
*3 The "base unit" is a standard of measurement required to ensure a result that is both practically valuable to users and commercially viable.
About ENEOS Corporation
Under ENEOS Holdings, Inc., the ENEOS Group has developed businesses in the energy and nonferrous metals segments, from upstream to downstream. The Group's envisioned goals for 2040 are: becoming one of the most prominent and internationally-competitive energy and materials company groups in Asia, creating value by transforming our current business structure, and contributing to the development of a low-carbon, recycling-oriented society with the pursuit of carbon-neutral status in its own CO2 emissions. ENEOS Corporation, one of the principal operating companies in the Group, is contributing to achievement of the Group's envisioned goals through a broad range of energy businesses.
https://www.hd.eneos.co.jp/english/
https://www.eneos.co.jp/english/
About Toyota Motor Corporation
Toyota Motor Corporation (Toyota) (NYSE: TM) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 28 countries and regions, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries and regions under the brands Toyota, Lexus, Daihatsu and Hino.
For more information, please visit https://global.toyota/en
Woven Planet
Woven Planet is building the safest mobility in the world. A subsidiary of Toyota, Woven Planet innovates and invests in new technologies, software, and business models that transform how we live, work and move. With a focus on automated driving, smart cities, robotics and more, Woven Planet builds on Toyota's legacy of trust to deliver secure, connected, reliable, and sustainable mobility solutions for all.
Learn more at woven-planet.global.
End
Woven Planet Holdings, Inc.
Public Relations
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https://www.woven-planet.global
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