Business Wire News

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW), one of the world’s largest logistics platforms, announced today that it will issue third quarter 2021 results via press release after the market closes on Tuesday, October 26, 2021. The company will hold a conference call from 4:00-5:00 pm Central Time on the same day to discuss the quarterly results and answer live questions from the investment community.


Hosting the conference call will be Bob Biesterfeld, President and Chief Executive Officer; Mike Zechmeister, Chief Financial Officer; and Chuck Ives, Director of Investor Relations.

Presentation slides and a simultaneous audio webcast of the conference call may be accessed at http://investor.chrobinson.com.

To participate in the conference call by telephone, please call ten minutes early by dialing 877-269-7756. International callers should dial +1-201-689-7817.

An audio replay will be available at http://investor.chrobinson.com. An audio replay will also be available by telephone until 7:00 p.m. Central Time on November 2, 2021 by calling 1-877-660-6853 and dialing the passcode 13724005#. International callers should dial +1-201-612-7415.

About C.H. Robinson

C.H. Robinson solves logistics problems for companies across the globe and across industries, from the simple to the most complex. With $21 billion in freight under management and 19 million shipments annually, we are one of the world’s largest logistics platforms. Our global suite of services accelerates trade to seamlessly deliver the products and goods that drive the world’s economy. With the combination of our multi-modal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our more than 105,000 customers and 73,000 contract carriers. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses. As a responsible global citizen, we are also proud to contribute millions of dollars to support causes that matter to our company, our Foundation and our employees. For more information, visit us at www.chrobinson.com (Nasdaq: CHRW).

Source: C.H. Robinson
CHRW-IR


Contacts

Chuck Ives, Director of Investor Relations
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LONDON--(BUSINESS WIRE)--I Squared Capital, a leading global infrastructure investor, has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy. The platform will develop, repower, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery storage and green hydrogen. Cube Green Energy’s initial focus will be the mature renewables markets in Continental Europe that are at the forefront of the energy transition.


Cube Green Energy is led by former senior executives from GE Energy Financial Services (GE EFS), the energy investment arm of General Electric Company, with over 70 years combined global power markets experience including more than 40 years in renewable energy.

Cube Green Energy CEO, Raghuveer Kurada, has held various leadership roles at GE EFS, including successfully closing and managing over $10 billion of value-accretive investments globally as Head of Global Deal Execution. Most recently, he was responsible for raising over $6 billion in third-party equity and debt for GE projects as Head of Global Capital Advisory.

The other members of the management team include Sharad Jain, Niko Meissner, and Hussain Shalchi. Sharad Jain has over 25 years and 15+ GW of global energy sector investment experience and brings deep domain knowledge in asset investment, management and financial structuring. Niko Meissner has more than 15 years of renewables development experience with GE Power, GE EFS, Vestas and, most recently, Aquila Capital having managed the development of over 6 GW of power generation capacity and will be instrumental in establishing the German operations which is one of the largest target markets. Hussain Shalchi has held various senior positions in the energy sector including acting as Managing Director and Global Counsel at GE EFS and, most recently, as Head of Strategic Joint Venture at Ørsted.

“I Squared Capital has invested over $6.5 billion in transition energy, including $4 billion in 12 renewable energy companies globally since 2014, and we are continuing that strategy with a world-class management team that brings deep experience, industry knowledge and on the ground presence to address an unmet market demand,” said Gautam Bhandari, Managing Partner at I Squared Capital. “Using our platform building strategy, we look to initially commit up to $500 million over the coming years to build Cube Green Energy into a leading renewables company that can help enable Europe’s transition to a zero-carbon economy.”

“Companies and governments must innovate to replace base load power with renewables to meet ambitious climate targets,” said Raghuveer Kurada, CEO, Cube Green Energy. “With a mandate to invest in more efficient and emerging technologies and sector expertise across the project cycle, Cube Green Energy and I Squared Capital are well placed to enable the Renewables 2.0 transition in Continental Europe and beyond.”

About I Squared Capital

I Squared Capital is an independent global infrastructure investment manager with over $30 billion in assets under management focusing on energy, utilities, digital infrastructure, transport and social infrastructure in North America, Europe, Latin America and Asia. The firm has offices in Miami, Hong Kong, London, New Delhi, and Singapore.


Contacts

Andreas Moon
Managing Director and Head of Investor Relations
I Squared Capital
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PLANO, Texas--(BUSINESS WIRE)--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) plans to issue its third quarter 2021 financial and operating results prior to the market opening on Thursday, November 4, 2021. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.


What: Denbury 3Q 2021 Results Conference Call

Date: Thursday, November 4, 2021

Time: 11:00 a.m. Central Time (12 p.m. Eastern Time)

Dial-in numbers: 877.705.6003 (domestic) and 201.493.6725 (international)

Conference ID number: 13696090

ABOUT DENBURY

Denbury is an independent energy company with operations and assets focused on Carbon Capture, Use and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2012 has also been active in CCUS through the injection of captured industrial-sourced CO2. The Company currently injects over three million tons of captured industrial-sourced CO2 annually, and its objective is to fully offset its Scope 1, 2, and 3 CO2 emissions within this decade, primarily through increasing the amount of captured industrial-sourced CO2 used in its operations. For more information about Denbury, visit www.denbury.com.

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Contacts

DENBURY CONTACTS:
Brad Whitmarsh, Executive Director, Investor Relations, 972.673.2020, This email address is being protected from spambots. You need JavaScript enabled to view it.
Susan James, Manager, Investor Relations, 972.673.2593, This email address is being protected from spambots. You need JavaScript enabled to view it.

Leading Automotive Digital Retail Software Demonstrates Its Versatility

IRVINE, Calif.--(BUSINESS WIRE)--Digital Motors, the award-winning digital retailing platform for the automotive industry, has proven the unique configurability of its product by providing an online retailing solution for the nation’s more than 4,000 recreational boat and yacht retailers.



Since Digital Motors’ launch, the platform has established itself as a highly versatile online sales solution for North America’s auto industry, able to serve the digital sales needs of dealerships, manufacturers, lenders, and marketplaces. Digital Motors enables a modern retailing experience that combines the best of both worlds – the physical showroom coupled with a robust digital process. The company is now taking these capabilities to the $42 billion recreational boating industry.

“Rather than simply window-shop online, consumers want to transact,” exclaimed Andreas Hinrichs, Chief Executive Officer of Digital Motors. “This applies to vehicles, boats, and virtually any luxury or premium item. We are excited about this latest release and our voyage into the uncharted waters of online boat purchases.”

Potential boat buyers can search for the vessel that interests them on the store’s website, then complete easy-to-follow steps, including defining the payment structure, submitting a credit application, and uploading documentation. The platform’s revolutionary FinTech engine enables a true online transaction, easily and accurately, for what was previously considered a complex purchase.

About Digital Motors

Digital Motors Corporation is an automotive retail and financial technology (FinTech) platform that provides complete online sales solutions throughout the United States and Canada. Based in Irvine, Calif., the company’s revolutionary technology serves the growing needs of dealerships, dealer groups, auto lenders, and vehicle manufacturers to provide a secure end-to-end online purchasing and financing journey to their customers. For more information or to request a demo, visit digitalmotors.com.


Contacts

Mike Geylin
+1 (201) 341-1099
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EWING, N.J.--(BUSINESS WIRE)--$OLED #OLED--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the third quarter, ended September 30, 2021, will be released on Thursday, November 4, 2021 after market close. At that time, a copy of the financial results release will be available on the Company’s website at https://oled.com/.


In conjunction with this release, Universal Display will host a conference call on Thursday, November 4, 2021 at 5:00 p.m. Eastern Time. The live webcast of the conference call can be accessed under the events page of the Company's Investor Relations website at ir.oled.com. Those wishing to participate in the live call should dial 1-877-524-8416 (toll-free) or 1-412-902-1028. Please dial in 5-10 minutes prior to the scheduled conference call time. An online archive of the webcast will be available within two hours of the conclusion of the call.

About Universal Display Corporation

Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.

Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.

All statements in this document that are not historical, such as those relating to the Company’s technologies and potential applications of those technologies, the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2020. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

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(OLED-C)


Contacts

Universal Display Contact:
Darice Liu
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+1 609-964-5123

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Holding Corp. (“ProPetro”) (NYSE: PUMP) today announced that it will issue its third quarter of 2021 earnings release on Tuesday, November 2, 2021 after the close of trading. ProPetro will host a conference call on Wednesday, November 3, 2021 at 8:00 AM Central Time to discuss its third quarter results.


To access the conference call, U.S. callers may dial toll free 1-844-340-9046 and international callers may dial 1-412-858-5205. Please call ten minutes ahead of the scheduled start time to ensure a proper connection. The call will also be webcast on ProPetro’s website, www.propetroservices.com.

A replay of the conference call will be available for one week following the call and can be accessed toll free by dialing 1-877-344-7529 for U.S. callers, 1-855-669-9658 for Canadian callers, as well as 1-412-317-0088 for international callers. The access code for the replay is 10160844.

About ProPetro

ProPetro Holding Corp. is a Midland, Texas-based oilfield services company providing pressure pumping and other complementary services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. For more information visit www.propetroservices.com.


Contacts

ProPetro Holding Corp

David Schorlemer, 432-227-0864
Chief Financial Officer
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Josh Jones, 432-276-3389
Director of Finance
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HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“HESM”) today announced the commencement of an underwritten public offering of an aggregate of 6,000,000 Class A shares representing limited partner interests in HESM by a subsidiary of Hess Corporation and an affiliate of Global Infrastructure Partners (the “Selling Shareholders”). The Selling Shareholders intend to grant the underwriters a 30-day option to purchase up to 900,000 additional Class A shares. HESM will not receive any proceeds from the sale of Class A shares in the offering.


J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as joint bookrunning managers of the offering.

The offering of these securities is being made only by means of the prospectus supplement and accompanying base prospectus as filed with the Securities and Exchange Commission (the “SEC”). Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SEC’s website at www.sec.gov under HESM’s name or from the underwriters of the offering as follows:

J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions,
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 1-866-803-9204
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 800-831-9146

The Class A shares are being offered and will be sold pursuant to an effective shelf registration statement that was previously filed with the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About Hess Midstream LP

HESM is a fee-based, growth-oriented midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess Corporation and third-party customers. HESM owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. More information is available at www.hessmidstream.com.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of U.S. securities laws. Words such as “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “would,” “believe,” “intend,” “project,” “plan,” “predict,” “will,” “target” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from our historical experience and our current projections or expectations of future results expressed or implied by these forward-looking statements. You should keep in mind the risk factors and other cautionary statements in the filings made by HESM with the SEC, which are available to the public. HESM undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.


Contacts

Investor Contact:
Jennifer Gordon
(212) 536-8244

Media Contact:
Robert Young
(713) 496-6076

BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) in the course of its normal business activities is in talks with a number of different parties, regarding potential projects in a number of different countries around the world.


Among the prospective opportunities that might lead to contracts for Anaergia, is one reported in an article on a Michigan news site, MLive, entitled, “Kent County identifies main tenant for landfill diversion business park.” In this recent article, it is disclosed that the Kent County (Michigan) Board of Public Works will consider starting negotiations with Anaergia, and a potential partner, regarding a landfill waste diversion project. Management of Anaergia confirms that this project is one of the opportunities it is currently exploring, but as is the case with the other potential opportunities, there is no assurance that the discussions will lead to an agreement or project for the Company.

About Anaergia

Anaergia was created to eliminate a major source of greenhouse gases (“GHGs”) by cost effectively turning organic waste into renewable natural gas (“RNG”), fertilizer and water, using proprietary technologies. With a proven track record from delivering world leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the Municipal Solid Waste, Municipal Wastewater, Agriculture, and Food Processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.

Forward-Looking Statements

This news release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.


Contacts

For further information please see: www.anaergia.com
For media relations please contact: Melissa Bailey, Director, Marketing & Corporate Communications, This email address is being protected from spambots. You need JavaScript enabled to view it.
For investor relations please contact: This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended September 30, 2021.

Unitholders of record on October 15, 2021 will receive a distribution amounting to $4,197,500 or $0.365 per unit payable October 25, 2021.

Volumes, average price and net profits for the payment period were:

Volume (BOE)

                         

 

165,777

 

Average price (per BOE)

                         

 

$

65.70

 

Gross proceeds

                         

 

$

10,891,023

 

Costs

                         

 

$

5,323,701

 

Net profits

                         

 

$

5,567,322

 

Percentage applicable to Trust’s 80%

                         

 

 

 

Net profits interest

                         

 

$

4,453,858

 

MV Partners reserve for capital expenditures

                         

 

$

--

 

Total cash proceeds available for the Trust

                         

 

$

4,453,858

 

Provision for estimated Trust expenses

                         

 

$

(256,358

)

Net cash proceeds available for distribution

                         

 

$

4,197,500

 

             

This press release contains forward-looking statements. Although MV Partners, LLC has advised the Trust that MV Partners, LLC believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended September 30, 2021. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, the effect, impact, potential duration or other implications of the COVID-19 pandemic, actions by the members of the Organization of Petroleum Exporting Countries, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.


Contacts

MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
713-483-6020

Will Operate as Fosler Solar, a Babcock & Wilcox Company

AKRON, Ohio--(BUSINESS WIRE)--$BW #renewableenergy--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced today that it has completed its acquisition of a majority interest in Illinois-based solar energy contractor Fosler Construction Company Inc. Fosler will be part of the B&W Renewable segment and operate under the name Fosler Solar, a Babcock & Wilcox company.

“We are pleased to welcome the talented Fosler team to B&W,” said Kenneth Young, B&W Chairman and Chief Executive Officer. “We’re particularly excited about the key role Fosler Solar will play in the growth of B&W’s renewable energy business and the substantial opportunities we see in the market for solar installation and construction services in the U.S. Fosler Solar is one of the fastest-growing solar services firms in the country, and we intend to fully support and help accelerate that growth.”

Paul Fosler will continue to lead Fosler Solar as its Chief Executive Officer and remains a minority stakeholder in the business.

Founded in 1998 and employing approximately 120 people, Fosler Solar provides commercial, industrial and utility-scale solar services and owns two community solar projects currently under development in Illinois.

About Babcock & Wilcox

Headquartered in Akron, Ohio, Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on LinkedIn and learn more at www.babcock.com.

Forward-Looking Statements

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to its acquisition of a majority interest in Fosler Construction Company Inc. and the expected growth of the U.S. solar market, and the benefits expected to be achieved. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties, including, among other things, the impact of COVID-19 on the Company; the reaction of customers, suppliers and stockholders to the announcement or consummation of the acquisition; risks that the acquisition disrupts current plans and operations of the parties to the transaction; the amount of the costs, fees, expenses and charges related to the acquisition; the capital markets and global economic climate generally; and the other factors specified and set forth under "Risk Factors" in the Company’s periodic reports filed with the Securities and Exchange Commission, including the Company’s most recent annual report on Form 10-K and its quarterly reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. These forward-looking statements are made based upon detailed assumptions and reflect management’s current expectations and beliefs. While the Company believes that these assumptions underlying the forward-looking statements are reasonable, the Company cautions that it is very difficult to predict the impact of known factors, and it is impossible for the Company to anticipate all factors that could affect actual results. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.


Contacts

Investor Contact:
Megan Wilson
Vice President, Corporate Development & Investor Relations
Babcock & Wilcox
704.625.4944 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345 | This email address is being protected from spambots. You need JavaScript enabled to view it.

With the completion of the ethane pipeline to the Gulf Coast Growth Ventures cracker facility and the NGL pipelines to the Sweeny, Texas market, EPIC completes its strategic NGL footprint

HOUSTON--(BUSINESS WIRE)--EPIC Y-Grade, LP (“EPIC” or “the Company”) is pleased to announce the completion of its 165-mile pipeline from the EPIC Robstown, Texas, fractionation complex, to the Sweeny fractionation and storage complex, which includes Phillips 66 and Chevron Phillips Chemical. The Company is strategically advantaged with connectivity to both the Corpus Christi and Sweeny, Texas, markets. EPIC can transport and fractionate NGL volumes in both locations as well as access its storage position in Sweeny for both Y-Grade and purity products. The Company has also placed in service a 175-mile propane pipeline for delivery and sale of product in Sweeny, Texas.



EPIC has continued to expand its long-term relationship with the downstream market through a recently completed ethane pipeline connecting to Gulf Coast Growth Ventures, an ExxonMobil and SABIC joint venture. This facility, which just announced mechanical completion, will include a 1.8 million metric ton ethane steam cracker. EPIC is now positioned with multiple strategic purity connections including exports around its Corpus Christi fractionation complex.

“EPIC is the only pipeline that can offer shippers transportation and fractionation service to both Corpus Christi and Sweeny destinations,” said Brian Freed, Chief Executive Officer of EPIC. “Our assets provide producers and processors across the Permian Basin and Eagle Ford a full service best-in-class Mt. Belvieu alternative. I am extremely proud of our employees and contractors for safely delivering on our last major pipeline construction project.”

Additionally, NGL volumes have begun to flow under transportation agreements associated with BANGL, a strategic transaction between MPLX, WTG and WhiteWater Midstream, announced late last year.

About EPIC Y-Grade, LP

EPIC Y-Grade, LP (“EPIC Y-Grade”) was formed in 2017 to build and operate a 700-mile, 24” natural gas liquids pipeline and associated fractionation complex linking NGL reserves in the Permian and Eagle Ford to Gulf Coast refiners, petrochemical companies and export markets. EPIC Y-Grade’s operated fractionation complex is located at the terminus of the 24” pipeline in Robstown, Texas. EPIC Y-Grade has owned and controlled fractionation capacity totaling 240,000 barrels per day in Robstown and Sweeny, Texas. EPIC Y-Grade is backed by capital commitments from funds managed by the Private Equity Group of Ares Management Corporation (NYSE: ARES) as well as additional equity ownership by Chevron Corporation and FS Investments. For more information, visit www.epicmid.com.


Contacts

Media Contact:
EPIC Midstream Holdings, LP
David McArthur
Corporate Communications Director
(210) 446-1059
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DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc.’s (NYSE: ALE) board of directors has elected Charlene A. Thomas, chief diversity, equity and inclusion officer for United Parcel Service Inc. (NYSE: UPS), to serve on the board effective Oct. 4, 2021.



During her 30 years at UPS, Thomas has held multiple leadership roles in human resources, operations and strategic planning for the Fortune 500 global transportation and logistics company. Before being named chief diversity, equity and inclusion officer in early 2021, Thomas served as chief human resources officer and led innovative initiatives to optimize the talent, leadership and culture for the company’s more than 540,000 employees worldwide. She also served as president of UPS’s west region with responsibility for product growth and delivery operations in 25 U.S. central and western states. Thomas is a member of UPS’s Executive Leadership Team.

“We are very pleased to welcome Charlene to the board,” said ALLETE Chair, President and CEO Bethany Owen. “Charlene’s extensive leadership experience in a wide variety of areas at UPS will be a tremendous asset as ALLETE advances our sustainability in action strategy to transform the nation’s energy landscape, serve our customers with excellence, support our communities in fostering a more equitable society, provide opportunities for our employees, and create value for our shareholders.”

Thomas holds a bachelor of arts degree in psychology from Temple University and a master’s in business administration from Eastern University. She is a member of the Executive Leadership Council, serves on the board of directors for the National Urban League and has served on the boards of many nonprofits, including the Orangewood Foundation, Big Brothers Big Sisters and several local United Way chapters.

“Charlene’s record of proven leadership, her commitment to principled and values-based governance, and her broad and deep business and human resources experience make her a good fit with the ALLETE board of directors,” said Heidi Jimmerson, lead director. “We look forward to hearing her perspectives on a wide range of topics, including meeting evolving customer needs in an era of transformative challenges and ALLETE’s ESG policies and initiatives.”

ALLETE Inc. (NYSE: ALE) is an energy company headquartered in Duluth, Minnesota. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; and BNI Energy in Bismarck, North Dakota; and has an 8 percent equity interest in the American Transmission Co. More information about ALLETE is available at www.allete.com. ALE-CORP

The statements contained in this release and statements that ALLETE may make orally in connection with this release that are not historical facts, are forward-looking statements. These forward-looking statements involve risks and uncertainties and investors are directed to the risks discussed in documents filed by ALLETE with the Securities and Exchange Commission.


Contacts

Investor Contact:
Vince Meyer
218-355-3276
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TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) announced today that it has priced a public offering of $600 million of 2.600% Senior Notes due 2031 (the “new 2031 notes”) at a price of 100.973 percent of par and $650 million of 3.500% Senior Notes due 2051 at a price of 99.833 percent of par. The new 2031 notes are an additional issuance of the $900 million aggregate principal amount of Williams’ 2.600% Senior Notes due 2031 issued on March 2, 2021 and will trade interchangeably with such notes. The expected settlement date for the offering is October 8, 2021, subject to the satisfaction of customary closing conditions.


Williams intends to use the net proceeds of the offering for general corporate purposes, which may include, together with cash on hand, repaying the $1.25 billion aggregate principal amount of our outstanding 3.60% Senior Notes due 2022.

Barclays Capital Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.

This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

An automatic shelf registration statement relating to the notes was previously filed with the Securities and Exchange Commission (the “SEC”) and became effective upon filing. Before you invest, you should read the prospectus in the registration statement and other documents Williams has filed with the SEC for more complete information about Williams and the offering. A copy of the prospectus supplement and prospectus relating to the offering may be obtained on the SEC website at www.sec.gov or from any of the underwriters by contacting:

Barclays Capital Inc.
745 Seventh Avenue
New York, NY 10019
Attention: Syndicate Registration
Telephone: 1-888-603-5847

SMBC Nikko Securities America, Inc.
277 Park Avenue
New York, NY 10172
Attention: Debt Capital Markets
Telephone: 1-888-868-6856

Truist Securities, Inc.
303 Peachtree Street
Atlanta, GA 30308
Attention: Prospectus Department
Telephone: 800 685-4786

Wells Fargo Securities, LLC
608 2nd Avenue South, Suite 1000
Minneapolis, MN 55402
Attention: WFS Customer Service
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll-Free: 1-800-645-3751

About Williams

Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use.

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although Williams believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in Williams’ annual and quarterly reports filed with the SEC.


Contacts

MEDIA:
This email address is being protected from spambots. You need JavaScript enabled to view it.
(800) 945-8723

INVESTOR CONTACT:
Danilo Juvane
(918) 573-5075

Longtime Customer LatConnect 60 in Partnership with Curtin University Awarded Australian Research Council (ARC) Federal Grant

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics, and space services announced today that LatConnect 60, an Australian-based satellite data and insights provider, has extended their subscription to Spire’s Automatic Identification System (AIS) vessel tracking data. LatConnect 60 and Curtin University, Western Australia’s largest university, have recently been awarded a federal grant from the Australian Research Council (ARC) to conduct research on maritime collision avoidance in shipping lanes.


LatConnect 60 and Curtin University’s Intelligent Sensing & Perception Laboratory, led by Professor Ba-Ngu Vo, are creating sensor fusion algorithms to help solve this industry-wide issue, using data from satellite sensors, primarily Spire’s maritime domain awareness information. Incorporating this intelligence into maritime traffic monitoring systems is expected to result in more effective collision and contact avoidance strategies and contribute to more accurate predictions of traffic patterns for ship owners and insurers.

LatConnect 60 will use Spire's space-based data as a foundation on which to layer other data sources like satellite imagery, drones, and IoT sensors, to get near real time appraisal of movements in specific areas of interest. Regular and timely AIS data like Spire’s is a critical piece of this solution to support the accuracy and reliability of collision, contact, and traffic prediction algorithms, decreasing the risk of collisions in narrow shipping lanes, and in turn lowering insurance premiums for operators that adopt the solution.

“LatConnect 60 is a valuable and long standing Spire customer. We’re thrilled to expand our relationship with them to help power the important research at Curtin University,” said Mark Dembitz, APAC Sales Director of Maritime Solutions. “Partnerships between government, academia, and industry can tackle tough challenges. With this initiative, we will work to lower the risk of maritime collisions to make Australia, and the world, a safer place.”

“Spire’s advanced AIS data has provided significant value to us and we’re thrilled to build on our partnership to enhance our capabilities,” said LatConnect 60 CEO, Venkat Pillay. “Incorporating Spire’s proprietary data into our research work with Curtin University will allow unprecedented insight into the real-time location of vessels, helping avoid collisions and create a safer and more profitable maritime industry.”

About Spire Global, Inc.

Spire is a leading global provider of space-based data, analytics, and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. Spire uses one of the world’s largest multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Spire then provides this data as a subscription to organizations around the world so they can improve business operations, decrease their environmental footprint, deploy resources for growth and competitive advantage, and mitigate risk. Spire gives commercial and government organizations the competitive advantage they seek to innovate and solve some of the world’s toughest problems with insights from space. Spire has offices in San Francisco, Boulder, Washington DC, Glasgow, Luxembourg, and Singapore. To learn more, visit http://www.spire.com.

About LatConnect 60

LatConnect 60 is an Australian company founded in Perth, Western Australia that provides vital insights for our world. LatConnect 60 is planning to launch its own Low Earth Orbit (LEO) smart satellite constellation in 2022 which is expected to have a global service reach.

LatConnect 60 serves government and commercial clients by providing greater control, exclusivity and flexibility of critical EO data products and analytics services, in an affordable and accessible manner. It has developed significant patented IP in this domain and is working with leading Australian research and development institutions to deploy its innovative LEO analytics capabilities both on-orbit and in the field.


Contacts

For Spire Global, Inc.:
Janine Kromhout
This email address is being protected from spambots. You need JavaScript enabled to view it.
(650) 269-1417

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 third quarter 2021 results on Tuesday, November 2, 2021 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). Solaris will issue its third quarter 2021 earnings release after market close on November 1, 2021.

To join the third quarter 2021 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 10160489. 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 mobile proppant and chemical 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.


Contacts

Yvonne Fletcher
Senior Vice President, Finance and Investor Relations
(281) 501-3070
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» Nouveau Monde commissions its advanced R&D facility at its premises in Saint-Michel-des-Saints



» The new laboratory will provide Nouveau Monde with the in-house capacity for testing advanced anode material and providing customized specifications to battery and EV manufacturers

» Nouveau Monde has recruited two additional leading scientists, expanding its R&D and technical team to 25 professionals – including six PhDs and 18 engineers

» Nouveau Monde formed a Scientific Advisory Committee to advance and expand its research portfolio and capabilities

» Nouveau Monde’s proprietary technologies and R&D program is a critical competitive advantage, as it furthers the qualification process of its anode material with the world’s leading end-users for lithium-ion batteries

MONTRÉAL--(BUSINESS WIRE)--$NMG #batteries--Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) is completing the commissioning of its state-of-the-art laboratory at its demonstration plant, an addition to the Company’s existing quality testing facilities. This expansion is triggered by Nouveau Monde’s commitment to catering to the market’s requirements for high-performing and environmentally responsible battery materials that can be tailored to a variety of specifications for electric vehicles (“EV”) and energy storage usage.

As applications diversify, technology is a critical driver in battery material engineering and manufacturing. Nouveau Monde’s dedicated new lab facilities provide in-house capacity, flexibility, and speediness in testing advanced materials and specifications for potential customers. The new lab facilities comprise ultramodern equipment covering a range of technical measurements, namely particle size, tapped density, coin cell cycling with full coin cell preparation equipment, ICP trace element analysis, BET specific surface area as well as particle morphology, coating quality and impurity analysis by SEM-EDX, in support to the Company’s phase-1 anode material production.

The Company has also recruited two leading talents, Mr. Mogalahalli V. Venkatashamy Reddy, PhD (Dr. M.V. Reddy) and Mr. Neel Rahem, to complement its strong internal technical team consisting of six Doctorate (“PhD”) recipients, three Master of Science (“MSc”) holders, and 18 engineers with previous hands-on experience with leading graphite operators including Imerys, SGL Group and BTR New Material and specialists in the fields of lithium-ion batteries (“LiB”), carbon materials, bi-polar plates, electrochemistry, and engineered advanced materials.

Arne H Frandsen, Chairman of Nouveau Monde, commented: “Today’s investment in R&D is tomorrow’s competitive advantage in the marketplace. We continue our confidential and proprietary development efforts with a view to supporting the world’s leading lithium-ion battery makers and intend to continue investing in cutting-edge technology with the support of best-in-class scientists and engineers. Nouveau Monde’s mission is to engineer graphite-based advanced solutions to power a decarbonized future.”

Nouveau Monde is actively developing advanced materials to remain at the forefront of industry trends and offer some of the highest performing and most environmentally friendly lithium-ion battery anode material portfolio on the market. Among the technological breakthroughs to date, the Company’s R&D team has designed advanced graphite-based solutions where the interaction between graphite and silicon is optimized and submitted a patent application for its proprietary green thermochemical purification technology.

Eric Desaulniers, Founder, President, and CEO of Nouveau Monde, added: “EV and battery manufacturers are seeking advanced solutions that provide the ideal combination of quality, performance, cost, weight, carbon footprint, material interaction, and countless other factors. In-house R&D capability represents an advantage in catering to our potential customers’ requirements while continuing to advance our products portfolio for the growing battery supply chain industry. At the forefront of technology advancements, Nouveau Monde is positioning itself as more than a graphite producer; we are one of the Western World’s leading advanced battery material developers striving to deliver the greenest graphite-based solutions.”

Enhanced In-House R&D Expertise

Counting over 20 years of experience in battery technology and having contributed to more than 220 scientific articles on electrode and electrolyte materials for lithium-ion batteries, which have been cited numerous times in other publications, Mr. M.V. Reddy, PhD is joining the Company as Senior Professional Researcher to advance Nouveau Monde’s product portfolio.

Reddy obtained his PhD in materials science with the highest honors from the University of Bordeaux, France (2003) and an MSc in chemistry (electrochemistry) from Bangalore University, India (1995). For the past two decades, Reddy has studied LiB materials (anodes, cathodes, supercapacitors, and solid electrolytes), fuel cells, nanotechnology, recycling and battery materials recovery, powder metallurgy and materials for CO2 sequestration, other various material characterization techniques, spectroscopy, and electroanalytical techniques, as well as additional research activities. He has worked as a Senior Researcher at Hydro-Québec’s research institute, the Centre of Excellence in Transportation Electrification and Energy Storage (“CETEES”), and at the National University of Singapore’s Department of Materials Science & Engineering, Advanced Batteries Lab and Department of Physics.

Reddy authored a landmark paper on electrode materials for lithium-ion batteries and their reaction mechanisms, received international honors, served as an editorial advisory board member for scientific publications, lectured at numerous international conferences and workshops, acted as an expert referee for various international academic battery proposals and collaborated across the energy storage industry.

To complement Nouveau Monde’s R&D team, Mr. Neel Rahem is also joining the Company as Laboratory Manager. A chemist specialized in metallurgy, process chemistry and quality programs, Rahem holds a M.Sc. in chemistry from UQAM (2010) and a Master M1 in chemistry-physics from Université de Haute-Alsace (2007). Prior to working at Nouveau Monde, Rahem looked after lab activities for Canadian Royalties, Minerai de Fer Québec, and Glencore.

In his new functions, Rahem will operationalize the Company’s new lab facilities and supervise the existing team of technicians in minerallurgy and analytical chemistry.

Eric Desaulniers, Founder, President, and CEO of Nouveau Monde, concluded: “We are delighted to welcome M.V. Reddy and Neel to the team as we advance our beneficiation operations. Their expertise will help further enhance our processes and product specs.”

Nouveau Monde has embedded innovation in its business approach through capital human investments, infrastructure and collaboration with world-class research institutes and universities to refine anode material production and develop new applications. Research partners include the Centre de transfert technologique en écologie industrielle, the Centre National en électrochimie et en Technologies Environnementales, the CETEES, the Centre technologique des résidus industriels, the National Research Council of Canada, the INRS-Énergie, Matériaux et Télécommunications, McGill University, Université de Sherbrooke, Université Laval, Hydrogen Research Institute, Université du Québec en Abitibi-Témiscamingue, and Innofibre.

About Nouveau Monde

Nouveau Monde is striving to become a key contributor to the sustainable energy revolution. The Company is working towards developing a fully integrated source of carbon-neutral battery anode material in Québec, Canada for the growing lithium-ion and fuel cell markets. With low-cost operations and enviable ESG standards, Nouveau Monde aspires to become a strategic supplier to the world’s leading battery and automobile manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. www.NMG.com

Subscribe to our news feed: https://NMG.com/investors/#news

Cautionary Note Regarding Forward-Looking Information

All statements, other than statements of historical fact, contained in this press release including, but not limited to those describing the drivers of the battery industry and the Company’s performance and sustainability, the new lab facilities and their functions and uses, the research portfolio’s expansion through recent hires and the creation of a scientific advisory committee, the Company’s commitments, objectives and goals relating to its performance and its green initiatives, the industry trends, the development of graphite-based advanced solutions and other applications, the growth of the battery supply chain industry, , and those statements which are discussed under the “About Nouveau Monde” paragraph and elsewhere in the press release which essentially describe the Company’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Moreover, these forward-looking statements were based upon various underlying factors and assumptions, including the current technological trends, the business relationship between the Company and its stakeholders, the ability to operate in a safe and effective manner, the timely delivery and installation of the equipment supporting the production, the Company’s business prospects and opportunities and estimates of the operational performance of the equipment, and are not guarantees of future performance.

Forward-looking information and statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking information and statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, delays in the scheduled delivery times of the equipment, the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability of financing or financing on favourable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, the risks of obtaining the necessary permits, the operating performance of the Company’s assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the Company’s businesses, political and social acceptability risk, environmental regulation risk, currency and exchange rate risk, technological developments, the impacts of the global COVID-19 pandemic and the governments’ responses thereto, and general economic conditions, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. Unpredictable or unknown factors not discussed in this Cautionary Note could also have material adverse effects on forward-looking statements.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further information regarding the Company is available in the SEDAR database (www.sedar.com), and for United States readers on EDGAR (www.sec.gov), and on the Company’s website at: www.NMG.com


Contacts

Julie Paquet
VP Communications & ESG Strategy
+1-450-757-8905 #140
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MANILA, Philippines--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that, following the completion of the voluntary tender offer period by Philippines Clean Energy Holding Inc. (the “Offeror”), an entity owned by KKR investment funds, the Offeror has waived its maximum limit of 205 million shares under the terms of the tender offer and accepted all of the 262,937,672 common shares of First Gen Corporation (PSE: FGEN) (“First Gen” or the “Company”) that were tendered by shareholders at the close of the tender offer. The shares tendered to and accepted by the Offeror represent approximately 7.3% of First Gen’s outstanding common shares.


The Offeror intends to acquire all of these tendered common shares at a price of ₱33 (US$0.65) per common share through a block sale on the facilities of the Philippine Stock Exchange, Inc. on October 8, 2021, the cross date previously set out in the Offeror’s tender documents. The transaction represents a total investment value of ₱8.68 billion (~US$171 million). With the completion of the share acquisition, KKR, which is an existing shareholder in First Gen, will hold an approximately 19.9% ownership stake in the Company.

First Gen is one of the Philippines’ largest independent power producers and is a subsidiary of First Philippine Holdings Corporation. First Philippine Holdings of the Lopez Group is one of the most established conglomerates in the Philippines. The Company primarily generates power through renewable energy and indigenous fuel sources such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. First Gen has 3,495 megawatts of installed capacity in its portfolio, which accounts for 19% of the Philippines’ gross power generation.

Michael de Guzman, a Managing Director on KKR’s Infrastructure team, said, “After having been invested in First Gen for this past year, our admiration for First Gen’s business and strategy – including its work to support the energy transition in the Philippines – as well as its Board and management team has only increased. Today, we are pleased to have this opportunity to extend our shareholding in First Gen and support its work to provide critical energy solutions to millions of Filipinos across the country. This investment marks the latest milestone for KKR in the Philippines, and deepens our commitment to the market.”

Southeast Asia is a key part of KKR’s Asia infrastructure strategy, and KKR’s new investment in First Gen extends the Firm’s track record as an active investor in the region across asset classes. In addition to First Gen, KKR’s investments in the Philippines include Pinnacle Towers, a leading independent telecom tower platform; Metro Pacific Hospitals, the country’s largest private hospitals operator and healthcare network; and Voyager Innovations, a leading technology company.

KKR makes its investment from its Asia Pacific Infrastructure Fund.

About KKR

KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

About First Gen

First Gen is a leading independent power producer in the Philippines that primarily utilizes clean and indigenous fuels such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. The Company has 3,495MW of installed capacity in its portfolio, which accounts for 19% of the country’s gross generation. First Gen is a subsidiary of First Philippine Holdings Corporation, one of the most established conglomerates in the Philippines, and has over 20 years of experience in power development. It is part of the Lopez Group of Companies.


Contacts

KKR Media Contacts:

Anita Davis
+852 3602 7335
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Wei Jun Ong
+65 6922 5813
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EON (For KKR in the Philippines)
Alexander Capiz
+639175474708
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New partnership will embed quality assurance at every stage of the product lifecycle, enabling agile product introduction


BURLINGTON, Mass.--(BUSINESS WIRE)--#ehs--Hexagon’s Manufacturing Intelligence division, a global leader in sensor, software, and autonomous technologies, and ETQ, a leading quality management system (QMS) provider, have announced a partnership to assure quality from concept to customer, enabling improved data-driven decision making throughout the entire process, producing better, more consistent products in less time and with less resource and enabling progressive smart manufacturing strategies.

The partnership connects Hexagon’s vendor-agnostic inspection and measurement solutions with ETQ’s stakeholder-connecting QMS to produce a rich digital thread that automatically captures quality control and assurance processes that are currently performed manually. By applying machine learning and artificial intelligence throughout design, production, customer service and support the cloud platform also helps users to rapidly identify and analyze issues by producing actionable insights.

Rob Gremley, CEO of ETQ, said: “Manufacturers in a range of industries – automotive, life sciences, heavy manufacturing and beyond – will derive immediate value from the integrated data thanks to higher product quality and fewer defects, scrap, rework or recalls. As the Smart Manufacturing environment evolves, this level of data-driven automation and integration will deliver the ability to maximize the quality and efficiency of the complete manufacturing lifecycle and create the foundation for autonomous manufacturing and true digital transformation.”

Paolo Guglielmini, President of Hexagon’s Manufacturing Intelligence division, said: “Consumers perceive quality based on their experience. It is the manufacturer’s brand reputation, it can add significant value to a product, and it combines every aspect of the product lifecycle. Our customers trust our solutions to connect the shop floor to the top floor with pervasive quality assurance, and this new addition to our ecosystem will further support their journey towards Industry 4.0.”

An example of how the partnership will benefit customers today is in resolving a nonconformance incident, leveraging inspection and measurement data collected and managed by Hexagon’s Q-DAS and eMMA software solutions with full traceability and best in class Statistical Quality Control (SQC) and Analytics, and integrated with ETQ Reliance’s QMS.

Hexagon’s existing quality control solutions can identify a nonconformance from, for example, the Production Part Approval Process, Failure Modes and Effects Analysis, or customer feedback, at which point the digital connection between that manufacturing solution and the ETQ QMS will autonomously generate a nonconformance report (NCR) without human intervention.

Typically, the action to halt or modify production of the faulty product is handled manually or with limited technological help, but with a combined Hexagon-ETQ generated NCR solution, a corrective action can be automatically triggered in production and the information simultaneously updated in the company’s enterprise resource planning system to put the affected product batch on hold. This prevents the release and potential negative consequences of defects, efficiently digitizing the quality management process and providing an unprecedented degree of integration across the manufacturing lifecycle and support smart manufacturing strategies and aspirations.

For more information about the partnership, visit the partnership web page.

About Hexagon

Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications.

Our technologies are shaping urban and production ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Hexagon’s Manufacturing Intelligence division provides solutions that utilise data from design and engineering, production and metrology to make manufacturing smarter. For more information, visit hexagonmi.com.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 20,000 employees in 50 countries and net sales of approximately 3.8bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

About ETQ

ETQ is the leading provider of quality, EHS and compliance management software, trusted by the world’s strongest brands. Nearly 600 global companies, spanning industries including pharmaceuticals, electronics, heavy industry, food and beverage, and medical devices, use ETQ to secure positive brand reputations, deliver higher levels of customer loyalty and enhance profitability. ETQ Reliance offers built-in best practices and powerful flexibility to drive business excellence through quality. Only ETQ lets customers configure industry-proven quality processes to their unique needs and business vision. ETQ was founded in 1992 and has main offices located in the U.S. and Europe. To learn more about ETQ and its various product offerings, visit www.etq.com.


Contacts

ETQ
Chris Nahil
Director, Content, PR and AR
Phone: +1 781-488-5050 x648
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Hexagon
Robin Wolstenholme (UK based)
Global Media Relations and Analyst Relations Manager
Hexagon’s Manufacturing Intelligence Division
Phone: +44(0)207 0686562
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Global press office including April Six (agency): This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“HESM”) today announced the upsizing and pricing of an underwritten public offering of an aggregate 7,500,000 Class A shares representing limited partner interests in HESM by a subsidiary of Hess Corporation and an affiliate of Global Infrastructure Partners (the “Selling Shareholders”), at a public offering price of $26.00 per Class A share. The offering was upsized from the previously announced 6,000,000 Class A shares. The Selling Shareholders have granted the underwriters a 30-day option to purchase up to 1,125,000 additional Class A shares at the public offering price less underwriting discounts and commissions.


The gross proceeds from the sale of Class A shares by the Selling Shareholders are expected to be approximately $195,000,000. HESM will not receive any proceeds from the sale of Class A shares in the offering. The offering is expected to close on October 8, 2021, subject to customary closing conditions.

J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as joint bookrunning managers of the offering.

The offering of these securities is being made only by means of the prospectus supplement and accompanying base prospectus as filed with the Securities and Exchange Commission (the “SEC”). Copies of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SEC’s website at www.sec.gov under HESM’s name or from the underwriters of the offering as follows:

J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions,
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 1-866-803-9204
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 800-831-9146

The Class A shares are being offered and will be sold pursuant to an effective shelf registration statement that was previously filed with the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About Hess Midstream LP

HESM is a fee-based, growth-oriented midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess Corporation and third-party customers. HESM owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of U.S. securities laws. Words such as “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “would,” “believe,” “intend,” “project,” “plan,” “predict,” “will,” “target” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from our historical experience and our current projections or expectations of future results expressed or implied by these forward-looking statements. You should keep in mind the risk factors and other cautionary statements in the filings made by HESM with the SEC, which are available to the public. HESM undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.


Contacts

Investor Contact:
Jennifer Gordon

(212) 536-8244

Media Contact:
Robert Young
(713) 496-6076

With the largest solar software company fundraising round in Europe, PVcase expands to the U.S. to build a data-driven platform for solar engineering needs

KAUNAS, Lithuania--(BUSINESS WIRE)--PVcase, a Lithuanian-based solar software provider, announced today that it raised more than $23 million USD in Series A funding, making this the largest solar software company fundraising round in Europe. Elephant led the funding round, along with existing investors Contrarian Ventures and Practica Capital.


Founded in 2018, PVcase helps companies design, estimate, and optimize commercial and utility scale solar assets. PVcase allows its customers to deliver market-leading projects faster than their competitors by transforming complex engineering processes with a simple and intuitive interface.

“Because PVcase runs on AutoCAD and can export to PVSYST, our engineering team is able to quickly and accurately complete site layouts and energy models,” said Patrick Canning, Vice President of Engineering at Nexamp. “We have been very satisfied with PVcase’s software, customer service, and the continued improvement of their product.”

“Securing one of the biggest clean technology funding rounds on the heels of achieving 4x ARR growth over the last year further validates the innovation PVcase is bringing to the entire value chain,” said David Trainavicius, founder and CEO of PVcase. “PVcase is proud to be leading the way as companies look for engineering solutions to help streamline the end-to-end processes of PV design.”

PVcase will use this new funding to further the development of its products, support expansion in the U.S., and accelerate hiring remotely and at its offices in Lithuania, Spain and Germany. Scaling out the company’s product portfolio will include key investments in building a data-driven solar technology platform for all solar engineering needs. This includes a product pipeline to cover the entire solar project lifecycle – from sales and development to construction, operation, and maintenance.

“On a mission to fight climate change with software, PVcase has quickly established itself as one of the most exciting solar technology companies in the world,” said Peter Fallon, general partner at Elephant VC. “These are solutions built by solar engineers for solar engineers and provide an opportunity to begin a new era of accelerated solar innovation.”

As a result of the investment, Elephant’s Peter Fallon will be added to the PVcase Board.

To learn more about PVcase products or to schedule a demo, please visit pvcase.com.

About Elephant VC

Elephant is a venture capital firm focused on the enterprise software, consumer internet and mobile markets. The company was founded in 2015 and is headquartered in Boston, Massachusetts.

About Contrarian Ventures

Contrarian Ventures is a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel Aside from the core activity of the Fund — investing, Contrarian Ventures has also founded several initiatives that are contributing to the fostering of the energy community in Europe incl. Climate50, Energy Tech Summit, and Energy Tech Challengers.

About Practica Capital

Practica Capital is a dedicated Baltic VC focusing on investments in the Baltic (Lithuania, Latvia, Estonia) and Baltic-origin (e.g. Baltic diaspora) ventures in Europe. Practica Capital invests in ventures backing great teams behind the tech-driven businesses from the region and partnering with them as company builders.

About PVcase

PVcase is a solar technology company that develops software solutions for commercial and utility scale solar asset owners. To date, PVcase has delivered service to customers in more than 50 countries in Europe, North and South America, Asia, and Australia. Some of their clients include: BayWa r.e., Borrego, Statkraft, and Atwell Group.


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