Business Wire News

Five UK water utilities now deploying connected worker solutions across their operations to keep workers safe


CALGARY, Canada & COLECHESTER, United Kingdom--(BUSINESS WIRE)--#canadiantech--Blackline Safety Corp. (TSX: BLN), a global leader of gas detection and connected safety solutions, today announced the close of two contracts with UK Water Authorities valued at $2.2 million. With this, Blackline has now secured its 5th water authority contract in the United Kingdom.

The first contract is a new customer including a 3-year service contract, valued at $0.5m and replaces the company’s existing gas detection fleet with Blackline Safety’s G7 connected wearables.

The second contract, valued at $1.7m, is an expansion and upgrade of the existing deployment of Blackline Safety G7 lone worker devices to include gas detection. New G7 gas detection units are also being added, to replace legacy non-connected devices.

“The combination of a customer renewing and expanding their G7 deployment, along with a new Water Authority signing on, demonstrates our understanding of the water and wastewater challenges—a key growth market for us,” said Cody Slater, CEO and Chair for Blackline Safety.

Over the last four years, five of the 12 UK Water Authorities have gone to RFP for gas detection and/ or lone worker safety solutions – and Blackline Safety G7 has been chosen each time.

“These new contracts confirm the digital transition of the UK water industry to smart, connected wearable technology that gives valuable insights via real-time data, to improve safety for their people and ensure that everyone goes home safe. The G7 is an all-in-one solution for lone worker safety, gas detection and compliance”, said Gavin Boorman, Managing Director for Blackline Safety Europe.

About Blackline Safety

Blackline Safety is a global connected safety leader that helps to ensure every worker gets their job done and returns home safely each day. Blackline provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations with coverage in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of people, having reported over 155 billion data-points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, we ensure that help is never too far away. For more information, visit www.BlacklineSafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.


Contacts

MEDIA
Christine Gillies
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Cell phone: +1 403-629-9434

DUBLIN--(BUSINESS WIRE)--The "Wind Power - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.


Global Wind Power Market to Reach 69.7 Thousand Megawatts by 2027

Amid the COVID-19 crisis, the global market for Wind Power estimated at 58.3 Thousand Megawatts in the year 2020, is projected to reach a revised size of 69.7 Thousand Megawatts by 2027, growing at a CAGR of 2.6% over the period 2020-2027.

The U.S. Market is Estimated at 15.8 Thousand Megawatts, While China is Forecast to Grow at 4.8% CAGR

The Wind Power market in the U.S. is estimated at 15.8 Thousand Megawatts in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 14 Thousand Megawatts by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Wind Power: Advanced, Affordable, and Proven Choice of Low-Carbon Clean Energy
  • Market Snapshots
  • Recent Market Activity
  • Wind Turbine Innovations & Designs Summarized
  • Wind Turbine Implementation: Advancements and Challenges
  • Advancements
  • Challenges
  • Energy Driven Versus Environment Driven Markets
  • Classification of Environment Driven & Energy Driven Markets
  • Key Factors Hampering Deployments of Wind Energy
  • China and the US Dominate Wind Power Generation Worldwide
  • Leading Wind Power Countries Worldwide (2018): Ranking Based on Key Wind Power Facts
  • Asia-Pacific and Europe Dominate Wind Power Capacity Installations
  • Denmark Leads the World in Wind Turbine Manufacturing
  • Brazil: A High Potential Market for Wind Energy
  • Global Market Outlook
  • Developing Countries Spearhead Current and Future Market Growth
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • ABB Limited (Switzerland)
  • American Electric Power (USA)
  • China Longyuan Power Group Corporation Limited (China)
  • DeWind Inc. (USA)
  • Dongfang Electric Corporation Limited (China)
  • Enel Green Power S.p.A. (Italy)
  • ENERCON GmbH (Germany)
  • Wind World (India) Limited
  • Envision Energy Limited (China)
  • Eurus Energy Holdings Corporation (Japan)
  • General Electric Company (USA)
  • GE Renewable Energy (France)
  • Guodian United Power Technology Company Limited (China)
  • Ming Yang Smart Energy Group Ltd. (China)
  • NextEra Energy Resources, LLC (USA)
  • Nordex SE (Germany)
  • ACCIONA Windpower S.A. (Spain)
  • Pacific Hydro Pty Ltd. (Australia)
  • Senvion S.A. (Germany)
  • Shell WindEnergy, Inc. (USA)
  • Siemens AG (Germany)
  • Siemens Gamesa Renewable Energy, S.A. (Spain)
  • Suzlon Energy Limited (India)
  • TransAlta Corporation (Canada)
  • Vestas Wind Systems A/S (Denmark)
  • MHI Vestas Offshore Wind A/S (Denmark)
  • Xinjiang GoldWind Science & Technology Co., Ltd. (China)
  • VENSYS Energy AG (Germany)

3. MARKET TRENDS & DRIVERS

  • Escalating Climate Change and the Resulting Renewable Energy Revolution Drive Strong Market Growth for Wind Power
  • Wind Energy Costs on a Downward Trend
  • The IneviTable Shift to Renewable Sources of Energy
  • Promising Outlook for Renewable Energy in both Developed and Developing Markets
  • Wind and Solar Expansion Lead to Renewable Power Revolution
  • Renewable Energy Offers Strong Competition to Established Power Sources
  • Recent Trends in the Renewable Energy Market Summarized
  • Technology Developments and Removal of Political Barriers Essential for Growth of Renewable Energy
  • Surging Renewable Energy Investments in Developing Countries Provide the Perfect Platform for Market Expansion
  • Auction Models, Lack of Subsidies & High Interest Rates: Leading to Future Market Uncertainty?
  • Growing Popularity & Share of Wind Energy in Total Energy Mix Benefit Market Demand
  • Increasing Investments in Solar and Wind Power Disrupting Global Electricity Systems and Benefiting Adoption
  • Offshore Wind Power Generation: The New Frontier to Race Ahead of Onshore Production in the Long Run
  • Offshore Wind Energy: Turning Point and Innovations
  • Offshore Wind Power: At the Forefront of Innovation
  • Offshore-Wind Energy Penetration and the Major Challenges
  • Rising Popularity of Small Wind Turbines Bodes Well for Market Growth
  • Shift towards Larger, Hybrid, and Taller Wind Power Turbines Gain Traction
  • Quest for Larger Machines Lead to Steady Increase in Wind Turbine Size
  • Potential Size Limits
  • Performance of Large Wind Turbines
  • Extensive Range of Design Options for Wind Turbines Bodes Well for Market Adoption
  • Wind Energy Research & Development Projects Get a Shot in the Arm Leading to Increase in Patent Filing
  • Prospects of Wind Energy: Mystifying Favoritism?
  • Myriad Benefits of Wind Energy Drive Widespread Installations
  • List of Wind Generated Electrical Power Benefits
  • Important Factors Supporting the Rising Prominence of Wind Power
  • Spiraling Electricity Appetite from Ballooning Global Population Drive Market Demand
  • Wind Power Emerge as a Cost-Competitive and Reliable Energy Resource
  • Critical Role of Technological Advancement in Improving Wind Power Technologies
  • Improvement in Power Generation Capacity
  • Enhancing Reliability and Performance of System Component
  • Research Supporting Advancement of Wind Turbine Systems
  • Innovative Interface Technology for Wind Turbine Condition Monitoring
  • Drones: An Efficient Technology for Wind Turbine Inspections
  • Air-Borne Wind Technology in Place of Traditional Wind Turbine
  • Bladeless Wind Turbines
  • EnergySails: Harnessing Wind and Solar Energy on Ships
  • High Flying Turbines: A Major Breakthrough for Harnessing More Wind Power
  • Advanced Algorithm Enhances Small Wind Turbines' Efficiency
  • Advanced Robot Systems for Examining Wind Turbine Rotor Blades

4. GLOBAL MARKET PERSPECTIVE

  • World Current & Future Analysis for Wind Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
  • World Historic Review for Wind Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • World 15-Year Perspective for Wind Power by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ago3cd


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Intuitive tank-level visibility to optimize deliveries, margins and customer service

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, is excited to announce the launch of the Pulse® Level Tank Monitoring system. Choose from multiple tank-level monitoring technologies, including the first system running entirely on Wi-Fi. The Pulse Level system allows you to track tank levels, capture and apply data, and allocate inventory quickly, accurately and confidently from the industry’s leading fluid management expert.



“Tank monitoring is not a new technology, but Graco now offers the most cost-effective long-term solution on the market,” said Tyler Salminen, Product Marketing Manager for Graco’s Lubrication Equipment Division. “With the addition of the Pulse Level system, Graco uniquely offers marketers and end users an end-to-end fluid management solution with components working seamlessly with each other.”

A tank-level monitoring (TLM) system measures the amount of fluid in a tank, giving service centers, fleet garages, mining and construction operations, and industrial manufacturing companies more visibility over inventory levels and dispensed fluids. Managers and owners can use the data to simplify procurement, improve profitability and assess the overall performance of crews and technicians. Petroleum marketers can use TLM software to gain insight into their entire operation, and whether they oversee 20 tanks or 2,000+ tanks, tank fluid levels are tracked and monitored at every location.

Compatible with LTE networks, available in Wi-Fi configurations and incredibly easy to use, the Pulse Level system is the latest in Graco’s storied lineup of fluid management solutions. Designed with the same commitment to quality as our pumps, meters, hose reels and other solutions, the Pulse Level system helps petroleum marketers, service centers, construction crews and in-plant users manage fluids strategically – and reduce costs significantly – with increased visibility of their tank fluid levels.

Graco will be showcasing the Pulse family of fluid management solutions, as well as the latest in lubrication equipment technology, at MINExpo INTERNATIONAL®, which takes place Sept. 13-15, 2021, in Las Vegas, Nevada. Demonstrations can be scheduled for the show by visiting http://www.graco.com/minexpo, and Graco experts are available at booth #2473-North Hall to lend their expertise and answer your questions. For more information or to contact a Graco distributor, visit www.gracopulse.com.

ABOUT GRACO

Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.


Contacts

Tegan Scott, 612-379-3695
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Former National Grid Executive and Financial Expert Is Newest Independent Director

NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced the appointment of Marcy Reed to the Company’s Board of Directors. A seasoned financial executive, Ms. Reed worked for more than 30 years for National Grid and its predecessor companies before retiring in early 2021. For the past decade, she served as President of National Grid Massachusetts and Executive Vice President U.S. Energy Policy and Social Impact. The appointment of Ms. Reed expands the Company’s Board from nine to ten members.


Marcy is an accomplished senior executive whose expertise across multiple disciplines, including finance, corporate strategy, operations, enterprise risk and external affairs, makes her a valuable addition to our Board,” said Alan S. McKim, Chairman, President and Chief Executive Officer of Clean Harbors. “She possesses a rare public company skillset as a strategic leader, finance executive and board member with one of the nation’s largest investor-owned utilities. In addition, she brings a unique perspective on sustainability and regulatory solutions to address climate change – issues that align with our organizational values. We look forward to benefitting from Marcy’s background and insights as we continue to execute our growth strategy.”

Ms. Reed was appointed as a Class II director whose term will expire at Clean Harbors’ 2024 annual meeting of shareholders. She will serve on the Audit Committee and the Environmental, Health and Safety Committee. A certified public accountant since 1988, Ms. Reed is a qualified financial expert as defined by the Securities and Exchange Commission.

Ms. Reed joined National Grid in 1988. She served as Head of Investor Relations, Senior Vice President Business Services, Senior Vice President Finance and Senior Vice President Corporate Affairs before being named President of National Grid’s Massachusetts business and EVP U.S. Policy & Social Impact in 2011. A frequent speaker on topics of leadership, energy policy, innovation, and the evolving energy paradigm, she has been recognized with numerous leadership and philanthropic awards, including being named three times as one of Boston’s Top 100 Leaders.

She serves as an Independent Director for Blue Cross Blue Shield of Massachusetts and is on the board of Northeastern University, chairing the Audit Committees of both entities. She also is a board member of Qualus, a private equity-backed electric power engineering company. Ms. Reed previously served as board chair of The Partnership, Inc., an organization working to build racially diverse leadership pipelines. She earned an A.B. in Economics from Dartmouth and an M.S. in Accounting from Northeastern University, and holds Executive Education Certificates from Wharton and INSEAD.

About Clean Harbors

Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, energy and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. For more information, visit www.cleanharbors.com.


Contacts

Michael L. Battles
EVP and Chief Financial Officer
Clean Harbors, Inc.
781.792.5100
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Jim Buckley
SVP Investor Relations
Clean Harbors, Inc.
781.792.5100
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HOUSTON--(BUSINESS WIRE)--#abs--IECus SOLUTIONS today announced it has officially Expanded the Focus of its US-based production facility beyond select loyal customers, to Continue Offering Competitively Priced, Quick-Turn Explosion-Protection System Solutions and Components to Customers Worldwide demanding the most rigorous global specifications.


IECus SOLUTIONS CEO, Frank DAgostino, commented, “IECus Solutions is an ISO 9001:2015 Approved Facility with ATEX QAN & IECEx QAR Quality Management Systems, with certifications for the most rigorous international Hazardous and Safe Area Locations standards and specifications. We set ourselves apart from other hazardous location solutions providers by offering local U.S.-based collaborative design, engineering and manufacturing of IECEx & ATEX Zone 1 & 2 system solutions.

Cory Welch, IECus Solutions President, commented, “Our new design, engineering and production facility enables local US-based Offshore Oil & Gas OEMs’ products that are used in international locations and require global certifications - to have access to a Reliable Trusted Local US-Based Supplier for Global Explosion-Protection Solutions. We provide a Comprehensive Offering of Components with certifications allowing us to serve a broad mix of end-market segments beyond Offshore Oil & Gas.”

About IECus SOLUTIONS LLC.

IECus SOLUTIONS® is a leading Provider of Certified Explosion-Protection System Solutions and Components to the Offshore Oil & Gas and Marine Vessel markets for Hazardous and Safe Area locations. The company has the versatility to meet major certifications, directives and standards through established global manufacturing partnerships and is recognized as a Factory Certified Assembly Partner to International Factory Standards – enabling customers to perform Factory Assembly Testing in our US-based facility.


Contacts

Randy R Brown – IECus SOLUTIONS LLC.
786.751.0810
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BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the defense/space, energy/new energy and chemical/petrochemical industries, today announced that Daniel J. Thoren, President and Chief Executive Officer, and Jeffrey F. Glajch, Vice President and Chief Financial Officer, will be presenting at the Sidoti Fall 2021 Virtual Small Cap Conference on Wednesday, September 22, 2021.


Sidoti Fall 2021 Virtual Small Cap Conference

Wednesday, September 22, 2021
4:00 p.m. Eastern Time
Live webcast link and accompanying slide presentation: www.graham-mfg.com.

ABOUT GRAHAM CORPORATION

Graham is a global business that designs, manufactures and sells critical equipment for the defense/space, energy/new energy and chemical/petrochemical industries. The Graham and Barber-Nichols’ global brands are built upon world-renowned engineering expertise in vacuum and heat transfer, cryogenics, and turbomachinery technologies, as well as the Company’s responsive and flexible service and unsurpassed quality.

Graham routinely posts news and other important information on its website, www.graham-mfg.com, where additional comprehensive information on Graham Corporation and its subsidiaries can be found.


Contacts

Jeffrey F. Glajch
Vice President - Finance and CFO
Phone: (585) 343-2216
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Deborah K. Pawlowski
Kei Advisors LLC
Phone: (716) 843-3908
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Marine defense provider expands product, service portfolio with naval valves and actuators

BELOIT, Wis.--(BUSINESS WIRE)--#USNavy--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and electromechanical actuators. This acquisition expands FMD’s capabilities and service solutions for shipyard, defense, and industrial customers – including its support for and offerings to the U.S. Nuclear Navy.


The transaction includes Hunt Valve, the Hunt Valve Actuator Division, MB Valve (Montreal Bronze) and Pima Valve, LLC.

“Our core customers value quality, reliability and convenience, and the addition of Hunt Valve to the Fairbanks Morse Defense brand allows us to enhance the customer experience by offering a wider range of aftermarket support services through a single vendor,” said FMD CEO George Whittier. “Hunt Valve has a great senior leadership team that has built a strong brand with a solid customer base, and we welcome them to the Fairbanks Morse Defense team.”

With facilities located in Salem, Ohio and Montreal, Quebec, Canada, Hunt Valve is considered an expert at engineering innovative fluid power solutions for its core defense and industrial customers. Through its four brands, Hunt Valve specializes in manufacturing durable and reliable severe-duty valves, complementary engineered components, and system solutions that can withstand the harshest environments and the toughest applications. Its valves and actuators are used aboard surface ships and submarines, including the Virginia-class submarine, Columbia-class submarine, and Ford-class aircraft carriers. Customers include the U.S. Navy, U.S. Navy shipyards, Naval Supply Systems Command (NAVSUP) and Defense Logistics Agency.

“Opportunities to serve the defense industries are increasing with the need to support aging vessels, and that outlook remains strong with the rapid addition of new platforms to various fleets,” said Charles Ferrer, Hunt Valve CEO. “Becoming part of the Fairbanks Morse Defense team places us in a better position to leverage these opportunities and to accelerate our growth.”

In recent years, FMD has expanded its capabilities, inventory, and geographic presence with several key acquisitions to better serve the defense industry. In January 2021, FMD acquired motor and control solutions provider Ward Leonard. FMD also acquired diesel engine repair and rebuilding service provider BRECO International in November 2020.

Houlihan Lokey served as financial advisor to FMD and Arcline.

About Fairbanks Morse Defense

Fairbanks Morse Defense (FMD) is a leading provider of mission-critical equipment to military and commercial marine customers. For more than 125 years, FMD has been a principal supplier of reliable power systems, parts, and aftermarket service to the U.S. Navy, Military Sealift Command, U.S. Coast Guard, and the Canadian Coast Guard. The company continues supporting the defense industry’s mission-critical operations with high-performance engines manufactured in the USA. OEM parts, expert services, and innovative solutions that improve performance and extend component lifecycles are provided to marine, nuclear, commercial, and export customers. FMD, a portfolio company of Arcline Investment Management, is based in Beloit, Wisconsin. Learn more about FMD by visiting www.fairbanksmorsedefense.com.

About Hunt Valve Company

Hunt Valve brings decades of fluid power engineering innovations and solutions to serve the US Navy, nuclear power, and industrial applications. It specializes in severe duty valves and complementary engineered components and system solutions primarily for U.S. Navy nuclear-powered vessels, including all submarines and carriers in operation as well as the Virginia Class, Ford Class and Columbia Class. To learn more about the Experts in Extreme Engineering, visit http://www.huntvalve.com.


Contacts

Fairbanks Morse Media Contact:
Mercom Communications
Wendy Prabhu
Tel: 512-215-4452
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BALTIMORE--(BUSINESS WIRE)--Green River Asset Management has published a report requesting that shareholders provide their input to Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) (“Odyssey”) management on the subject of pre-award interest. The article can be found at https://greenriverassetmanagement.wordpress.com/

The report notes that pre-award interest is an area of critical importance to shareholders because OMEX’s ultimate arbitration award is extremely sensitive to this rate. Yet, Green River’s research indicates that Odyssey’s quantum experts have requested a rate of pre-award interest that only covers half of the costs incurred over the pre-award period.

Shareholders in Odyssey and subsidiary Exploraciones Oceanicas need to familiarize themselves with issues around pre-award interest and provide their input to management because it is in their best interest to do so. The report will help shareholders quickly get up to speed on the matter by providing both analysis and independent sources of information.

Forward Looking Information

This Press Release may include "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Certain factors that could cause outcomes to differ materially from those in the forward-looking statements are set forth in "Risk Factors" in Part I, Item 1A of Odyssey’s Annual Report on Form 10-K for the year ended December 31, 2020, and Odyssey’s other filings with the Securities and Exchange Commission. The possible outcomes of the matter described herein will depend upon unpredictable future events, many of which are beyond Odyssey's or Drumcliffe’s control and, accordingly, no assurance can be given that any desirable outcome will occur.


Contacts

Bill Atkinson
443-797-4150
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KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (NYSE: KSU) (“KCS”) today announced that the KCS Board of Directors determined that CP’s revised proposal constitutes a “Company Superior Proposal” as defined in KCS’s merger agreement with Canadian National Railway Company (TSX: CNR, NYSE: CNI) (“CN”). The KCS Board of Directors made this determination after consultation with the Company’s outside legal and financial advisors.


Under the terms of CP’s proposal, each share of KCS common stock would be exchanged for 2.884 CP common shares and $90 in cash. In addition, holders of KCS preferred stock would receive $37.50 in cash for each share of KCS preferred stock held. The proposal is binding on CP and may be accepted by KCS at any time prior to 5:00 pm EDT on Monday, September 20, 2021. The transaction would be subject to approval by the stockholders of CP and KCS, receipt of regulatory approvals and other customary closing conditions.

KCS has notified CN that it intends to terminate KCS’s merger agreement with CN and enter into the definitive agreement with CP, subject to CN’s right to negotiate amendments to the merger agreement for at least five business days and the KCS Board’s further determination as to whether any such amendments would cause the CP proposal no longer to constitute a “Company Superior Proposal.”

BofA Securities and Morgan Stanley & Co. LLC are serving as financial advisors to Kansas City Southern. Wachtell, Lipton, Rosen & Katz, Baker & Miller PLLC, Davies Ward Phillips & Vineberg LLP, WilmerHale, and White & Case, S.C. are serving as legal counsel to Kansas City Southern.

About Kansas City Southern

Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com


Contacts

Media
C. Doniele Carlson
KCS Corporate Communications & Community Affairs
(816) 983-1372
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Joele Frank, Wilkinson Brimmer Katcher
Tim Lynch / Ed Trissel
(212) 355-4449

Investment Community
Ashley Thorne
Vice President
Investor Relations
(816) 983-1530
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MacKenzie Partners, Inc.
Dan Burch / Laurie Connell
(212) 929-5748 / (212) 378-7071
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$1.7 million contract with leading UK defence contractor for G7 EXOs


CALGARY, Canada--(BUSINESS WIRE)--$BLN #TSX--Blackline Safety Corp. (TSX: BLN), a global leader of gas detection and connected safety solutions, today announced the close of a $1.7 million contract with a leading defence contractor in the United Kingdom.

The contract involves the purchase of G7 EXO area monitors for gas detection, ideal for rapid deployment and long-term monitoring of industrial workspaces. The area monitor’s durable design and long battery life were key factors in the buyer selecting Blackline Safety’s G7 EXO.

This new order follows the same customer’s initial $0.5 million order in October 2020, demonstrating a successful customer experience. More recently, the current contract comes on the heels of Blackline Safety’s largest order of portable area gas monitors from a Houston-based turnaround services provider.

“We’re seeing a significant increase in large orders, signaling that major projects are gaining momentum and our customers are returning to more normal business operations,” said Cody Slater, CEO and Chair for Blackline Safety. “Along with this positive change, we’re also encouraged to see existing customers expand their deployment after experiencing the benefits of protecting their workforce with our products and services.”

Blackline Safety’s G7 EXO is the world’s first direct-to-cloud connected area monitors with integrated 4G communications and deliver unmatched connectivity and visibility into an entire worksite. Supported by advanced analytical capabilities to ensure real-time compliance, comprehensive safety monitoring and the detection of up to five different gas types in even the most rugged of conditions, the award-winning G7 EXO offers industry-leading protection to workers and facilities.

For more information about Blackline Safety’s G7 EXO, visit blacklinesafety.com/g7-exo.

About Blackline Safety

Blackline Safety is a global connected safety leader that helps to ensure every worker gets their job done and returns home safely each day. Blackline provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations with coverage in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of men and women, having reported over 155 billion data-points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, we ensure that help is never too far away. For more information, visit www.BlacklineSafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.


Contacts

MEDIA CONTACT
Blackline Safety
Christine Gillies, CMO
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+1 403-629-9434

DALLAS--(BUSINESS WIRE)--Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended June 30, 2021. The Company posted quarterly revenue of $621 thousand and net income of $471 thousand. These results compare to revenue of $20 thousand and net income of $(108) thousand for the same quarter last year. The Company’s improvement in profitability was caused primarily by increased oil and gas revenue resulting from improved market conditions versus 2020 when the pandemic dramatically decreased demand.

Amen also announced that the Company’s Board of Directors has approved the payment of a quarterly dividend of $7.50 per share, to be paid on September 30, 2021, to shareholders of record as of the close of business on September 23, 2021.

Finally, Amen reiterated that its Board has approved a plan whereby the Company will no longer hedge the revenue stream associated with its oil and gas royalties. “Shareholders of Amen need to understand that they hold an un-hedged long oil and gas position and should pursue their own hedging strategy if they are uncomfortable with that risk,” said Kris Oliver, Amen’s Chief Financial Officer.

The Company’s 2021 second quarter report is available for viewing or download from the company’s web site – www.amenproperties.com.

About Amen Properties:

Amen Properties owns a portfolio of cash-producing properties including real estate and oil and gas interests.

Cautionary Statement:

This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements can be identified by use of the words "expect," "project," "may," "might," potential," and similar terms. AMEN Properties, Inc. ("Amen", "we" or the "Company") cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Amen's control. These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.


Contacts

Press and Investor Relations Contact:
Kris Oliver
(972) 999-0494

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) today announced Interim General Counsel and Corporate Secretary Richard Reich has been promoted to Senior Vice President and General Counsel. In this position, Mr. Reich is responsible for leading NJR’s legal department, developing and directing the corporate legal function and overseeing corporate compliance. He will also continue to serve in the Corporate Secretary role until a replacement is selected.


“Rich is an exceptional corporate attorney, who will serve our company well as Senior Vice President and General Counsel,” said Steve Westhoven, President and CEO of New Jersey Resources. “Throughout his tenure at NJR, he’s proven himself to be a strong and capable leader and a valued member of our team. I am confident he will continue to play a key role in our success as we continue to grow our business, execute our sustainability strategy and meet our customers’ expectations.”

Mr. Reich joined NJR in 2006 as Associate General Counsel, where he focused on securities law and other corporate legal matters. In 2016, he was promoted to Corporate Secretary and Assistant General Counsel with responsibility for the oversight of the company’s corporate governance. He was named Interim General Counsel in May 2021.

Prior to NJR, he served as an associate attorney at Milbank, Tweed, Hadley & McCloy LLP and Troutman Sanders LLP, where he practiced in the areas of finance, securities and general corporate law.

Mr. Reich graduated magna cum laude from New York University with a bachelor of science degree in politics and received his juris doctor degree from New York University School of Law. He is a member of the Association of Corporate Counsel and the Society of Corporate Secretaries and Governance Professionals.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

  • New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,500 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex and Burlington counties.
  • NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects with a total capacity of more than 365 megawatts, providing residential and commercial customers with low-carbon solutions.
  • NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
  • Storage & Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its 50% equity ownership in the Steckman Ridge natural gas storage facility and its stake in Dominion Midstream Partners, L.P., as well as its 20% equity interest in the PennEast Pipeline Project.
  • NJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its nearly 1,200 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.


Contacts

Media Contact:
Michael Kinney
732-938-1031
This email address is being protected from spambots. You need JavaScript enabled to view it.

Investor Contact:
Dennis Puma
732-938-1229
This email address is being protected from spambots. You need JavaScript enabled to view it.

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared the September monthly distribution of $0.06 per share payable on September 30, 2021, to shareholders of record on September 23, 2021.


Additionally, Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) provides an update on the fund’s direct investments, portfolio asset allocation, structure types and impact statistics as of August 31, 2021, on the company website here. On a monthly basis, details on each private deal that has taken place over the prior month will be published here. The list includes all deals completed since the fund’s inception through August 31, 2021. Updates will continue to be posted on a monthly basis until the fund reaches its target of 60% direct investments.

You should not draw any conclusions about TPZ’s investment performance from the amount of this distribution or from the terms of TPZ’s distribution policy.

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the distribution may be return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ’s investment performance and should not be confused with “yield” or “income.”

TPZ will report the sources for its distributions at the time of the payment in the applicable Section 19(a) Notice. The amounts and sources of distributions TPZ reports are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. TPZ will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Tortoise Capital Advisors, L.L.C. (also dba TCA Advisors) (“TCA”) is the adviser to Tortoise Power and Energy Infrastructure Fund, Inc. and Ecofin Sustainable and Social Impact Term Fund. Ecofin Advisors Limited is a sub-adviser to Ecofin Sustainable and Social Impact Term Fund.

For additional information on these funds, please visit cef.tortoiseecofin.com.

About TortoiseEcofin

TortoiseEcofin focuses on essential assets – those assets and services that are indispensable to the economy and society. We strive to make a positive impact on clients and communities by investing in energy infrastructure and the transition to cleaner energy and by providing capital for social impact projects focused on education and senior living. TortoiseEcofin brings together strong legacies from Tortoise, with expertise investing across the energy value chain for more than 20 years, and from Ecofin, which unites ecology and finance and has roots back to the early 1990s. For additional information, please visit www.TortoiseEcofin.com.

Safe harbor statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Cautionary Statement Regarding 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 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and TCA believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and TCA do not assume a duty to update this forward-looking statement.


Contacts

Maggie Zastrow
(913) 981-1020
This email address is being protected from spambots. You need JavaScript enabled to view it.

ROCKVILLE, Md.--(BUSINESS WIRE)--#AmericanJobs--On September 9, Standard Solar Inc., a national leader in commercial and community solar asset development, and the Solar Energy Industries Association, the preeminent trade association for the solar industry, hosted U.S. Senators Chris Van Hollen and Ben Cardin and other government and industry leaders for a site visit and guided tour of the Shepherds Mill Community Solar Project in Union Bridge, MD.


Standard Solar funded the community solar farm and is the project’s long-term owner and operator. OGOS and Earth and Air Technologies developed it and subscriptions are managed by Neighborhood Sun Benefit Company.

“Community solar projects like Shepherds Mill, with their ability to impact significant segments of the population through job creation and the lowering of their carbon footprint, have become more and more important over the years,” said Rick Berube, Chief Operating Officer of Standard Solar. “In this time when our federal government is working to pass groundbreaking legislation that will strengthen solar policies and grow a clean energy economy, renewable energy assets that bring solar to people who might not otherwise have access to it are vital.”

“We need even more smart and focused investments in our infrastructure that respond to real needs and reap broad benefits for our workers, businesses, and the public at large. Strategic development of solar electricity production can help meet electricity demands and combat climate change – an imperative we must immediately confront,” said U.S. Senator Ben Cardin, Chair of the Environment and Public Works Subcommittee on Transportation and Infrastructure. “I appreciated the opportunity to see cutting-edge technology at work at the Standard Solar facility in Union Bridge and applaud the company’s role in helping to power Maryland’s electricity grid and innovation economy.”

“Investing in renewable energy sources like solar will not only help us tackle the threats of climate change but will also create clean energy jobs and boost Maryland’s economy. The Shepherds Mill Community Solar Project will also help participants save up to 30% on their electric bills. I will continue working at the federal level to support solar development projects to incentivize renewable energy use, reduce costs to consumers, and bring more opportunity to Marylanders,” said Senator Van Hollen.

“As we advocate for transformative solar and climate policy in Washington, it’s important that we are intentional and build a clean energy economy that uplifts every community with quality jobs, local investment, and cleaner, more reliable electricity,” said Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA). “The economic, health and resiliency benefits of solar energy have to be made accessible to all Americans, and we’re urging Congress to make sure that happens in the infrastructure legislation.”

The Shepherds Mill Community Solar Project is a 2.8 MW ground-mount solar array with 7,182 solar modules located on approximately 11 acres of land. It produces 4,000,000 kilowatt hours of electricity each year and brings the power and savings of solar to hundreds of area subscribers.

A number of renewable energy policy initiatives are being considered as part of the historic Build Back Better infrastructure package such as expanded funding for permitting, a long-term extension of the solar Investment Tax Credit with an option for direct pay, increased job training and investments in grid modernization.

As a large-sized generation system helping to fuel the growth of the nation’s renewable energy infrastructure, the Shepherds Mill Community Solar Project plays a critical role in both Maryland’s burgeoning community solar market and America’s effort to reach 100% clean energy by 2035.

The project received grant funding from the Maryland Energy Administration’s (MEA) FY20 Community Solar LMI PPA Incentive Grant Program (LMI-PPA Program) designed to help extend the benefits of community solar projects to members of the Low and Moderate Income (LMI) community. LMI subscribers are guaranteed additional discounts on the community solar portion of their electric bill. All other residential customers are guaranteed to save 10% annually by switching to community solar power.

This project in Maryland – and more in the state that are currently operating, approved for design and in-construction – join Standard Solar’s 150+ MW of community solar projects funded and operating with partners around the United States.

About Standard Solar

Standard Solar is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 17 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 200 megawatts of solar across the United States. Standard Solar is based in Rockville, Md. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar.

About SEIA

The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy, creating the framework for solar to achieve 20% of U.S. electricity generation by 2030. SEIA works with its 1,000 member companies and other strategic partners to fight for policies that create jobs in every community and shape fair market rules that promote competition and the growth of reliable, low-cost solar power. Founded in 1974, SEIA is the national trade association for the solar and solar + storage industries, building a comprehensive vision for the Solar+ Decade through research, education and advocacy. Visit SEIA online at www.seia.org and follow @SEIA on Twitter, LinkedIn and Instagram.


Contacts

PR Contact:
Leah Wilkinson
Wilkinson + Associates
703-907-0010
This email address is being protected from spambots. You need JavaScript enabled to view it.

OVERLAND PARK, Kan.--(BUSINESS WIRE)--TortoiseEcofin today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the third quarter of 2021. Following the close of trading on September 17, 2021, the indices will be rebalanced and as a result, the following changes will become effective.


Tortoise MLP Index®

(TMLP/TMLPT)

Action

Company

Ticker

Deletion

Hoegh LNG Partners LP

HMLP

 
 

Tortoise North American Pipeline IndexSM

(TNAP/TNAPT)

Action

Company

Ticker

Addition

DT Midstream Inc.

DTM

 
 

Ecofin Global Water ESG Index SM

(EGWESG/EGWESGT)

Action

Company

Ticker

Deletion

Cia de Saneamento Basico do Estado de Sao Paulo

SBS

 
 

 Ecofin Global Digital Payments Infrastructure Index SM

(TPMT/TPAYMENT)

Action

Company

Ticker

Deletion

Splitit Ltd

SPT AU

Full constituent lists for each index from the second quarter rebalance can be found here:

Tortoise MLP Index® (TMLP):
https://tortoiseecofin.com/media/1528/tmlp-constituent-overview-61821.pdf

Tortoise North American Pipeline IndexSM (TNAP):
https://tortoiseecofin.com/media/1530/tnap-constituent-overview-61821.pdf

Ecofin Global Water ESG Index SM (EGWESG):
https://tortoiseecofin.com/media/1260/egwesg-constituent-overview-61821.pdf

Ecofin Global Digital Payments Infrastructure Index SM (TPMT):
https://tortoiseecofin.com/media/1539/tpmt-constituent-overview-61821.pdf

About TortoiseEcofin

TortoiseEcofin focuses on essential assets – those assets and services that are indispensable to the economy and society. We strive to make a positive impact on clients and communities by investing in energy infrastructure and the transition to cleaner energy and by providing capital for social impact projects focused on education and senior living. TortoiseEcofin brings together strong legacies from Tortoise, with expertise investing across the energy value chain for more than 20 years, and from Ecofin, which unites ecology and finance and has roots back to the early 1990s. To learn more, visit www.TortoiseEcofin.com.

The Tortoise MLP Index® is a float-adjusted, capitalization weighted index of energy master limited partnerships (MLPs). The index is comprised of publicly traded companies organized in the form of limited partnerships or limited liability companies engaged in transportation, production, processing and/or storage of energy commodities.

The Tortoise North American Pipeline IndexSM is a float-adjusted, capitalization weighted index of pipeline companies that are organized and have their principal place of business in the United States or Canada. A pipeline company is defined as a company that either 1) has been assigned a standard industrial classification (“SIC”) system code that indicates the company operates in the energy pipeline industry or 2) has at least 50% of its assets, cash flow or revenue associated with the operation or ownership of energy pipelines. Pipeline companies engage in the business of transporting natural gas, crude oil and refined products, storing, gathering and processing such gas, oil and products and local gas distribution. The index includes pipeline companies structured as corporations, limited liability companies and master limited partnerships (MLPs).

The Ecofin Global Water ESG IndexSM is a proprietary, rules-based, modified capitalization-weighted, float-adjusted index comprised of companies that are materially engaged in the water infrastructure or water management industries.

The indices mentioned above are the exclusive property of TIS Advisors, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Tortoise MLP Index®, Tortoise North American Pipeline IndexSM,and Ecofin Global Water ESG IndexSM (the “Indices”). The Indices are not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices will not be liable for any errors or omissions in calculating the Indices. “Calculated by S&P Dow Jones Indices” and its related stylized mark(s) are service marks of S&P Dow Jones Indices and have been licensed for use by TIS Advisors and its affiliates. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”), and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”).

The Ecofin Global Digital Payments Infrastructure IndexSM represents the existing global digital payments landscape. It is a proprietary, rules-based, modified market capitalization-weighted, float-adjusted index comprised of companies that are materially engaged in digital payments, including merchant processing and settlement, real time record keeping, settlement networks, and Fintech products/ services that facilitate the ease, efficiency, and speed of electronic transactions. This includes companies whose primary business is comprised of one or a combination of the following categories: credit card networks, electronic transaction processing and associated products/services, credit card issuers, electronic transaction processing software (payments Fintech) or online financial services market places.

This index mentioned above is the exclusive property of TIS Advisors and is calculated by Solactive AG (“Solactive”). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive AG (“Solactive”) in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or the completeness of the Index or the calculations thereof; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index.

This data is provided for informational purposes only and is not intended for trading purposes. This document shall not constitute an offering of any security, product or service. The addition, removal or inclusion of a security in the index is not a recommendation to buy, sell or hold that security, nor is it investment advice. The information contained in this document is current as of the publication date. TortoiseEcofin makes no representations with respect to the accuracy or completeness of these materials and will not accept responsibility for damages, direct or indirect, resulting from an error or omission in this document. The methodology involves rebalancing and maintenance of the index that is made periodically during each year and may not, therefore, reflect real time information.

Safe Harbor Statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.


Contacts

For more information contact Maggie Zastrow at (913) 981-1020 or This email address is being protected from spambots. You need JavaScript enabled to view it.

BALTIMORE--(BUSINESS WIRE)--The Potomac Edison Company (PE), Baltimore Gas and Electric Company (BGE), Delmarva Power, and Pepco have issued Requests for Proposals (RFPs) for full-requirements, wholesale electric power supply to meet their Standard Offer Service (SOS) obligations in their Maryland service territories.

Each utility will provide market-based supply service to some or all of its electric customers who do not take service from competitive retail suppliers. The RFPs will consist of supply contracts ranging in term from three to twenty-four months. For BGE, Delmarva Power, and Pepco, the bidding for Residential contracts will occur in two procurements – October 2021 and April 2022, and the contract term will be twenty-four months. For PE, the bidding for Residential contracts will occur in four procurements – October 2021, January, April, and June 2022, and the contract term will range from twelve to twenty-four months. For BGE and PE, the bidding for small commercial Type I contracts will occur in two procurements – October 2021 and April 2022, and the contract term will be twenty-four months. For Delmarva Power and Pepco, the bidding for small commercial Type I, is combined with Residential contracts and will occur in two procurements – October 2021 and April 2022, and the contract term will be for twenty-four months. For all the Maryland Utilities, the bidding for larger commercial Type II contracts will be for three-month term contracts and will occur quarterly. The quarterly procurements will occur in October 2021, January, April and June 2022. Further details regarding the procurement schedule, including the bid due dates for this multi-procurement process can be found in the RFP documents. The four utilities will concurrently conduct their bidding processes under uniform rules and timetables.

The utilities are requesting proposals totaling approximately 3,990 megawatts (MW), including:

  • 821 MW for PE
  • 1,967 MW for BGE
  • 310 MW for Delmarva Power
  • 892 MW for Pepco

A joint-utility pre-bid webinar will be held on Sept. 21, 2021, at 1:00 p.m. EDT. The webinar will review the general RFP structure and process, the specific utility bid plans, and the power supply contract.

Additional details regarding the RFPs, the pre-bid webinar, and utility contact information can be found by visiting any of the following utility RFP websites:

PE

www.firstenergycorp.com/mdsosrfp

BGE

rfp.bge.com

Delmarva Power

delmarva.com/MDRFP

Pepco

pepco.com/MDRFP

 


Contacts

POTOMAC EDISON: 888-233-3583
BGE: Richard Yost, 410-470-7433
DELMARVA POWER: 866-655-2237
PEPCO: 202-872-2680

SEATTLE--(BUSINESS WIRE)--i(x) investments (“i(x)” or the “Company”), a permanently capitalized holding company focused on the Energy Transition and Sustainability in the Built Environment (“SIBE”), is delighted to announce that A.P. Moller – Maersk (“Maersk”) has agreed to acquire a minority stake in i(x)’s key holding company, WasteFuel Global LLC (“WasteFuel”), which produces renewable fuels using proven technologies to address the climate emergency and revolutionize mobility. The announcement by Maersk also highlights the opportunity for a long-term offtake agreement to supply green bio-methanol at scale for its new fleet of “green” container ships.


The Maersk investment is an important and high-profile endorsement of i(x) investments’ strategy to create long-term enterprise value in combination with positive, measurable environmental and social impact. i(x) invests catalytic capital and deploys strategic resources to enable its holdings to achieve growth at scale.

i(x) investments is led by an executive team with broad and deep experience within the finance industry, including private equity, venture capital, growth capital, real estate and capital markets. CEO Steve Oyer, formerly of Lazard and Brookfield, is supported by private equity and global special situations specialist, Pär Lindström, CIO, and former Macquarie Senior VP, Marc Chennault as CFO. Nick Hurd, former UK Government Minister and Convenor of the Climate Change working group of the Conservative Party's Quality of Life Policy Group, is Non-Executive Chairman.

In addition to WasteFuel, i(x)’s holdings include Enphys (renewable power) and Carbon Engineering (carbon to value) and sustainable real estate firms, MultiGreen Properties and Sustainable Living Innovations.

WasteFuel, which is currently i(x)’s largest holding, is focused on converting municipal (trash) and agricultural waste into low-carbon fuels, renewable natural gas, and green methanol. WasteFuel’s first project, which is to convert waste into sustainable aviation fuel, is under development in Manila, Philippines. Maersk’s acquisition of a minority stake in WasteFuel reflects the shipping giant’s stated commitment to decarbonize its fleet: it recently announced a US$1.4 billion investment in methanol-fueled ships and has committed to being carbon neutral by 2050.

Steve Oyer, CEO of i(x) investments, said:

“From our perspective, we see capital, when deployed intentionally, having the power to improve the sustainability of our planet and the communities in which we live. Our mission is to utilise our shareholders’ capital, our collective experience and sphere of influence as a catalyst to help solve the intractable problems of climate change through proven technology and new industrial-scale businesses.

“The greatest challenges facing our world also create the greatest opportunities for entrepreneurs and investors. i(x) investments was founded on this principle with the aim of providing top-tier, risk-adjusted returns with measurable impact that align with the values and mission of our stakeholders.

“WasteFuel’s new relationship with Maersk is a significant endorsement of the quality of our holdings and our strategy. We all congratulate Trevor Neilson, i(x)’s Co-founder and former CEO and Chairman, and his team for this important milestone.”

Trevor Neilson, Co-founder, Chairman and CEO of WasteFuel, said:

“We are delighted to be entering into this partnership with Maersk and to be working with them to help achieve their goal of a fully net zero fleet by 2050.

“WasteFuel is a firm believer in the power of technology to solve the challenges presented by climate change. We are grateful for the early investment and continued support from i(x) investments, without which there would be no WasteFuel.”

About i(x) investments

Founded in 2015, i(x) investments is a permanently capitalized holding company for investors who want to create long-term enterprise value in combination with positive, measurable social impact. i(x) believes the world’s biggest problems are also the biggest market opportunities and invests in areas of human need. i(x)’s current holdings focus on the Energy Transition and Sustainability in the Built Environment. The company uses a multi-strategy investment approach throughout the entire capital structure.


Contacts

For more information on i(x) investments, please visit https://www.ix-investments.com/ or email This email address is being protected from spambots. You need JavaScript enabled to view it..

For more information on WasteFuel, please visit https://www.WasteFuel.com/ or email This email address is being protected from spambots. You need JavaScript enabled to view it..

ANN ARBOR, Mich.--(BUSINESS WIRE)--The Coretec Group, Inc. (OTCQB: CRTG) (the “Company”), is pleased to announce that it will be presenting at the H.C. Wainwright Annual Global Investment Conference being held virtually September 13-15, 2021.


Matthew Kappers, CEO of The Coretec Group, will provide an overview of the Company's business via a video presentation and will be available to participate in one-on-one meetings with investors who are registered to attend the conference. Matthew Kappers said, “the Wainwright team is a valued partner of The Coretec Group and we’re glad to be part of their Global Investment Conference.”

If you are an institutional investor, and would like to attend the Company’s presentation, click on the following link (www.hcwevents.com) to register. Once your registration is confirmed, you will be prompted to log into the conference website to request a one-on-one meeting with the Company.

About H.C. Wainwright & Co.

H.C. Wainwright is a full‐service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. H.C. Wainwright & Co. also provides research and sales and trading services to institutional investors.

About The Coretec Group

The Coretec Group, Inc. is developing a portfolio of engineered silicon to improve energy-focused verticals, including electric vehicle and consumer batteries, solid-state lighting (LEDs), and semiconductors, as well as 3D volumetric displays and printable electronics. The Coretec Group serves the global technology markets in energy, electronics, semiconductor, solar, health, environment, and security.

For more information, please visit www.thecoretecgroup.com and follow The Coretec Group on Twitter and LinkedIn.

Forward-Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward-looking statements, and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.


Contacts

Corporate contact:
The Coretec Group, Inc.
Lindsay McCarthy
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 (866) 916-0833

Media contact:
The Coretec Group, Inc.
Allison L. Gabrys
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 (866) 916-0833

DUBLIN--(BUSINESS WIRE)--The "Container Fleet Market Research Report by Type, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.


The Global Container Fleet Market size was estimated at USD 19.69 Billion in 2020 and expected to reach USD 21.61 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 10.11% to reach USD 35.10 Billion by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Container Fleet Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Container Fleet Market, including China Ocean Shipping Company, CMA CGM, Evergreen Marine Corporation (Taiwan) Ltd., Hapag Lloyd, Hyundai Merchant Marine Co. Ltd., Kawasaki Kisen Kaisha Ltd., Maersk Line, Mediterranean Shipping Corporation S.A., Mitsui O.S.K. Lines, Ltd, and Westfal-Larsen Shipping A/S.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Container Fleet Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Container Fleet Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Container Fleet Market?

4. What is the competitive strategic window for opportunities in the Global Container Fleet Market?

5. What are the technology trends and regulatory frameworks in the Global Container Fleet Market?

6. What is the market share of the leading vendors in the Global Container Fleet Market?

7. What modes and strategic moves are considered suitable for entering the Global Container Fleet Market?

Market Dynamics

Drivers

  • Increase in transportation activities and growth in intermodal freight transportation
  • Rapid industrialization across oil & chemicals, retail, and automobiles industries
  • Scaling of maritime business, emphasis on freight & logistics, and demand especially for refrigerated sea transportation

Restraints

  • High cost of investments associated with containers

Opportunities

  • Advancements in modern containers with digital features and high load bearing capacity
  • Growing investments resulting in expansion of charter services

Challenges

  • Stringent government norms and regulations coupled with fluctuating global economy

Companies Mentioned

  • China Ocean Shipping Company
  • CMA CGM
  • Evergreen Marine Corporation (Taiwan) Ltd.
  • Hapag Lloyd
  • Hyundai Merchant Marine Co. Ltd.
  • Kawasaki Kisen Kaisha Ltd.
  • Maersk Line
  • Mediterranean Shipping Corporation S.A.
  • Mitsui O.S.K. Lines, Ltd
  • Westfal-Larsen Shipping A/S

For more information about this report visit https://www.researchandmarkets.com/r/he827m


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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 Longevity’s US operations are spearheaded by rapidly growing teams in Austin, New York and San Francisco

AUSTIN, Texas--(BUSINESS WIRE)--Longevity Partners, the global, multi-disciplinary energy and sustainability consultancy, today announces the appointment of its new global Chief Commercial Officer, Louise Ellison and the expansion of its Business Development team, in a move to meet increased client demand as businesses transition to a low carbon economy.


Chair of the Better Buildings Partnership for eight years, chair of the EPRA Sustainability Committee and following previous roles at Hammerson, Quintain and Investment Property Forum, Louise is a beacon in the world of sustainability and will be paramount to Longevity Partners’ continued expansion. Louise’s appointment exemplifies Longevity Partners’ ongoing commitment to provide their clients with an industry-leading service.

Commenting on the company’s growth and Louise’s appointment, Etienne Cadestin, founder and CEO of Longevity Partners says:

“Louise’s appointment comes at a crucial time for the property industry which still has a long way to go to meet its net-zero targets. I very much look forward to working alongside Louise, who will be able to develop bespoke programmes for our partners to achieve their current and future ESG and climate goals. As a member of the executive team, she will remain on the board of Longevity Partners and will provide invaluable insight.

“As society and business continue to transition to a low carbon economy, Longevity Partners will keep creating green jobs and attracting the most talented ESG professionals to respond to our growing client requirements. We have the expertise and instruments to educate, advise and implement net zero carbon programmes and we’re crafting the manpower to deliver it on the ground at scale.”

Commenting on her new role at Longevity Partners, Louise Ellison, newly appointed CCO of Longevity Partners says:

“I am delighted to be joining Longevity Partners in October. Having seen the business grow so rapidly, I am very much looking forward to working with the team and supporting the sustainability ambitions of such a rich array of interesting clients. There is much our sector can contribute in the battle against climate change and I am excited to be part of a business driving this change.”

In the last 18 months, Longevity Partners has quadrupled its workforce, with plans to double its 98 strong employee roster globally over the next year. Longevity entered the US market late last year, where the firm is focused on delivering multiple building certifications for in-use and new construction assets that are highly likely to achieve 'excellent' scores. With headquarters in Austin, Texas and satellite offices in New York and San Francisco, the firm is poised to deploy its full suite of services for asset managers across the country. Service lines run the gamut in the transition to net zero from carbon footprinting to portfolio asset management to data management and reporting and electric vehicle feasibility studies.

In June of this year, Longevity Partners announced the launch of its new clean energy solutions spin-off company, Longevity Power, which works in tandem with the company to offer a ‘one-stop-shop’ to advise and then deliver net zero carbon commitments to businesses.

For more information about Longevity Partners, please visit www.longevity.com.

About Longevity Partners

Operating in 38 countries for more than 100 institutional investors across all asset classes, Longevity Partners provides all services required to future-proof property investment portfolios. From carbon foot-printing to climate risk and ESG strategy development and implementation, our experts provide all the tools to respond to ESG performance requirements from pension funds and asset owners. Longevity works hand-in-hand with real estate owners to position their assets for the demands of tomorrow, while improving the well-being of users and net operating income today

The company advises on anticipated legislation and designates achievable benchmarks for companies to improve ESG and outperform their competitors. Asset managers must be aware of how they can optimise their assets’ resiliency to extreme weather events, better manage regulatory risks and improve the quality of their products over time to respond to client demand.

For further information, please visit www.longevity.com.


Contacts

Victoria Shannon
August PR
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631.525.3394

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