New Program Protects Customers from Shut offs While Helping Them Pay Down Their Balance Over Time

SAN FRANCISCO--(BUSINESS WIRE)--As part of ongoing efforts to provide help and assistance for customers to manage their bills, Pacific Gas and Electric Company (PG&E) will auto-enroll eligible customers in new extended payment arrangements by the end of September 2021. The new program coincides with the ending of the service-disconnection moratorium which is part of the COVID-19 emergency customer protections in place since March 2020.

“We are here to help customers during these times of increasing financial hardships. We want as many customers who are eligible to take advantage of these programs. Even as COVID-19 customer protections come to an end, our support won’t. The new payment plans were created to assist customers pay down their past-due balance over time and protect them from disconnection of service due to non-payment,” said Marlene Santos, PG&E executive vice president and chief customer officer.

Residential and small business customers with a PG&E bill at least 60 days past due will automatically be enrolled over the next few weeks starting with their September bill.

The monthly payment plan amount for residential customers will be their outstanding balance equally divided over 24 months. For example, if a residential customer owes $1,200 the payment arrangement would be $50 a month. Payment installations for small business customers will be calculated based on no more than 10% of their average bill (5% for customers in disadvantaged communities¹) over the past 24 months.

To view the amount of their payment plan installations customers can sign into their PG&E account online. It will also be on their monthly energy statement under the Account Summary section.

Residential customers who miss more than two payments, and small business customers who miss one payment within a 12-month period, will be removed from the payment plan. As a last resort, gas and/or electric service may be disrupted approximately 45 days later unless payment is received. Disconnection of service is an action that PG&E does not take lightly. Customers having a hard time paying their bills should contact PG&E immediately at (800) 743-5000.

Ways for Customers to Save on Energy Bills

Automatic enrollment in the new payment plan program will not change enrollment in financial assistance programs. We encourage customers struggling to pay their bills to learn more about the following programs:

• Low-Income Home Energy Assistance Program (LIHEAP) offers up to $1,000 to pay eligible household energy costs.
• Relief for Energy Assistance through Community Help (REACH) Program offers one-time financial assistance to qualified customers with past-due bills.
• Arrearage Management Plan (AMP) offers up to $8,000 in unpaid balance forgiveness, if a customer is enrolled in the California Alternate Rates for Energy Program (CARE) or Family Electric Rate Assistance (FERA) Program (FERA), owes a specific bill amount and are more than 90 days past due.
• PG&E’s Medical Baseline Program as well as various external programs such as the California COVID-19 Rent Relief Act helps income-eligible households pay rent and utilities, both for past due and future payments. Renters and landlords are eligible to apply.

PG&E remains committed to providing support for customers during this transition, and we want customers to know we are here to help. To learn more about additional resources and financial assistance programs visit pge.com/covid19 or call 800-743-5000. Financial resources for business customers are available here.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

¹ Refers to specific communities that have been recognized by the CPUC as the most in need of investments to improve public health, quality of life, and economic opportunity. For more information, see https://oehha.ca.gov/calenviroscreen/sb535

MEDIA RELATIONS:
415-973-5930

HOUSTON--(BUSINESS WIRE)--Expro, a leading international oilfield services company, today announced it has successfully completed an integrated Plug and Abandonment (P&A) contract valued at more than $20 million for a subsidiary of PETRONAS, PC Mauritania 1 Pty Ltd (PCMPL), which manages offshore operations in Mauritania, West Africa.

The well intervention scope of the P&A project, utilized Expro’s integrated Open Water Intervention Riser System (OWIRS) for successful intervention and barrier placement on 15 wells for PCMPL’s Chinguetti Field Phase II works. The system’s compact nature provided considerable time savings by retrieving the subsea trees without an additional run. This was further enhanced by the efficient parallel deployment of the OWIRS and rig blow out preventor from the auxiliary well and primary well centre through the rig’s dual derrick capabilities.

Expro’s onshore project management team, based in Kuala Lumpur and locally onshore in Mauritania, supported PCMPL throughout the project planning and execution phases. Expro provided a range of integrated services, including the subsea well access system, surface flowhead, umbilicals, topsides control equipment and installation and an intervention workover control system (IWOCS) package for controlling both the OWIRS and Xmas tree systems. Worldwide Oilfield Machine (WOM) worked closely with Expro as an alliance partner providing the subsea well access system and a technical support team.

Graham Cheyne, Expro’s Vice President of Well Access and Subsea, commented:

“The OWIRS system is a highly reliable compact system with an extensive track record in riser to surface subsea well access operations. This system performed over 250 functions during the project with 100% operational uptime and no non-productive time (NPT) incurred. To further demonstrate its reliability post operation, a gas testing program of work was successfully performed on completion of the 15 wells, prior to any post job maintenance being carried out and before readiness for the next project.’

“This campaign was our first venture into the intervention riser system market. Despite the logistical and HSE challenges created by the global pandemic, we are proud to have demonstrated our technology’s success and integrated ability for these types of subsea P&A operations, supported by our team’s extraordinary performance, commitment, flexibility and dedication to PCMPL.’

“The campaign’s success combined with our continued expansion of our subsea well access offering has helped us to secure several new contracts across Asia and Australia, enhancing Expro’s already strong presence in the subsea well access market.”

Notes to Editors:

Expro

For clients working across the entire well life cycle, Expro is the well flow optimisation expert. Combining innovative disruptive technology with high quality data across well testing, subsea well access, well intervention and production services, delivering a service that’s not just state of the art but highly accurate.

As previously announced, Expro has entered into a definitive agreement with Frank’s International (NYSE: FI), under which the companies will combine in an all-stock transaction to create a leading full-cycle service provider. The combination will bring together two companies with decades of market leadership, best-in-class safety and service quality performance, exceptional talent and global capabilities in well construction, well flow management, subsea well access and well intervention and integrity services. The transaction is expected to close in the quarter ending September 30, 2021, subject to approval by Frank's and Expro shareholders and customary closing conditions, including required regulatory approvals.

For more information, please visit: www.exprogroup.com/about-us or connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

Expro – Hannah Rumbles +44 (0) 1224 796729

Founding CEO to enter semi-retirement in November

SPOKANE, Wash.--(BUSINESS WIRE)--#smartcities--Kim Zentz, CEO and co-founder of Urbanova, notified the board earlier this year of her desire to move toward semi-retirement while continuing to serve the organization as an executive consultant and board member. Urbanova is evaluating proposals from executive recruitment firms and will launch a national search in September.

“I am gratified to see Urbanova progress from the idea stage in 2014 to its solid position serving communities with a strong and growing portfolio of collaborative projects,” said Zentz. “As a consultant to Urbanova, I look forward to sharpening my focus on our projects in the clean energy and environmental justice realms.”

Zentz’s 40-year career spans executive, entrepreneurial and project leadership, including CEO of Innovate Washington and of the Spokane Transit Authority, as well as founding president and COO of Avista Labs (now ReliOn/Plug Power). She is also director of urban innovation for Washington State University and previously served as director of the Engineering and Technology Management online graduate program for WSU’s Voiland College of Engineering and Architecture.

“The board is grateful for Kim’s boundless energy, commitment and multi-faceted leadership in founding Urbanova and developing its reputation focused on the unique opportunities and challenges faced by midsize cities,” said David Condon, chair of Urbanova’s board of directors. “We will be searching for a leader to substantially build on the momentum Urbanova has gained with best practices in Spokane to serve communities across the country.”

Headquartered in Spokane, WA and incorporated in 2016, Urbanova (urbanova.org) is an urban innovation partnership focused on driving equitable solutions for midsize cities. With partners that include Avista, the City of Spokane, Itron, McKinstry, The University District Development Association, Washington State University, Verizon and Gallup, Urbanova builds multi-sector collaborations, develops technology, and harnesses strategies to create more resilient communities. A number of projects are currently underway, including one focused on advancing environmental justice and energy equity, as well as a partnership with WSU to develop interventions and communication strategies to reduce health risks during wildfire events.

Itron
Alison Mallahan, senior manager, corporate communications
(509) 891-3802
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Tritium technology provides Alaskan residents with access to DC fast charging

TORRANCE, Calif.--(BUSINESS WIRE)--As the Biden Administration works toward a new goal of 50 percent electric vehicle (“EV”) sales by 2030, the importance of creating a robust electric vehicle charging network in all parts of the country is greater than ever. As part of their continued global growth and to address the need for an adaptable EV charging infrastructure in cold climates, Tritium has partnered with ReCharge Alaska to deploy direct current (“DC”) fast charging solutions in Cantwell, Alaska.

“This is an important milestone for the state of Alaska as we have seen significant growth in EV adoption here,” said Kris Hall, CEO at ReCharge Alaska. “Our goal is to open up Alaska and advance the EV transformation through the deployment of DC fast chargers. We believe that Tritium is the ideal partner for this project as their chargers are highly adaptable and built to be deployed in places with frigid temperatures.”

The project will utilize Tritium’s RT50 DC fast charger and become the only fast charging location listed on PlugShare between the cities of Fairbanks and Anchorage, two of the largest urban areas in Alaska.

“We are proud to showcase Tritium’s ability to deliver DC chargers that are uniquely adaptable to the extreme cold that can be experienced across Alaska’s vast landscape, while bringing charging solutions to parts of the country with limited EV infrastructure,” said Mike Calise, President of Americas at Tritium. “ReCharge Alaska is truly passionate about promoting electric mobility, and we are excited to provide convenient and fast charging to Alaska’s EV drivers.”

While Tritium rates its chargers for -31 degrees Fahrenheit (-35 degrees Celsius), Cantwell can get as cold as -45 degrees Fahrenheit (-42 degrees Celsius). To meet ReCharge Alaska’s needs, the Tritium team adjusted the glycol to water mixture in the liquid coolant to have a storage temperature of -65 degrees Fahrenheit (-53 degrees Celsius). In addition, ReCharge Alaska intends to build an enclosure with a 1kW heater to kick on at -28 degrees Fahrenheit (-33 degrees Celsius) to protect the charger.

“We are thrilled to support innovation to move electrified transportation forward,” said John Burns, President/CEO, Golden Valley Electric Association. “Alaska’s extreme temperatures are always a challenge. We are optimistic that Tritium’s resilient charging technology and ReCharge’s engineering expertise, will help to create a robust charging network throughout the state.”

About Tritium

Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium's compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions and is expected to occur in the fourth quarter of 2021.

For more information, visit tritiumcharging.com.

About ReCharge Alaska

ReCharge Alaska was created to define and develop solutions for deploying a Public Charging Infrastructure in the Sub-Arctic of Alaska. Because of the major engineering challenges, as well as the remote and vast nature of the locations of the communities, out-of-the-box problem solving is required to be successful.

About Golden Valley Electric Association

Golden Valley Electric Association serves over 100,000 residents, with 44,800 meters, in Interior Alaska. Their mission is to safely provide reliable electric service, quality customer service and innovative energy solutions at fair and reasonable prices.

Tritium Media Contact
Sarah Malpeli
408-806-9626 ext 6840
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Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC plc (NYSE: FTI) (PARIS: FTI) (the “Company”) announced today that it has commenced a tender offer (the “Tender Offer”) for up to $250 million aggregate principal amount (the “Maximum Tender Amount”) of its 6.500% Senior Notes due 2026 (the “Notes”).

The terms and conditions of the Tender Offer are set forth in an Offer to Purchase (the “Offer to Purchase”), dated August 31, 2021. The Company intends to fund the Tender Offer with cash on hand.

The following table summarizes the material pricing terms of the Tender Offer:

_______________

The Tender Offer will expire at 11:59 P.M., New York City time, on September 28, 2021 (the “Expiration Time”), unless extended or earlier terminated. Holders who validly tender and do not validly withdraw their Notes at or prior to 5:00 p.m., New York City time, on September 14, 2021 (the “Early Tender Time”), and whose Notes are accepted for purchase, will receive, for each $1,000 principal amount of such Notes, the “Total Consideration” of $1,075, which includes an “Early Tender Premium” of $30.00. Holders who validly tender their Notes after the Early Tender Time will only be eligible to receive the “Tender Offer Consideration,” which is the Total Consideration less the Early Tender Premium.

In addition to the Total Consideration or Tender Offer Consideration, as applicable, Holders whose Notes are accepted for purchase will also receive accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the applicable settlement date. Payment for all Notes validly tendered at or prior to the Early Tender Time and accepted for purchase will be made on the “Early Settlement Date”, which will be promptly after the Early Tender Time and is anticipated to occur on or about September 15, 2021. Payment for all Notes validly tendered after the Early Tender Time and accepted for purchase, if any, will be made promptly after the Expiration Time.

If more than the Maximum Tender Amount of Notes are validly tendered and not validly withdrawn, the Company will accept such Notes for purchase on a pro rata basis up to the Maximum Tender Amount. If, at the Early Tender Time, the aggregate principal amount of Notes validly tendered equals or exceeds the Maximum Tender Amount, the Company does not expect to accept for purchase any Notes validly tendered after the Early Tender Time. If, at the Early Tender Time, the aggregate principal amount of Notes validly tendered is less than the Maximum Tender Amount, the Company expects to accept for purchase all Notes validly tendered at or before the Early Tender Deadline without proration, and, in such instance, only Notes validly tendered after the Early Tender Deadline and at or before the Expiration Time will be subject to possible proration. The Company reserves the right, but is not obligated, to increase the Maximum Tender Amount in its sole discretion.

Tendered Notes may be withdrawn at any time at or prior to, but not after, 5:00 p.m., New York City time, on September 14, 2021, unless extended by the Company, except under certain limited circumstances as otherwise required by law.

The consummation of the Tender Offer is not conditioned upon any minimum amount of Notes being tendered, but is subject to the satisfaction or waiver of certain conditions described in the Offer to Purchase.

The Company has engaged Citigroup Global Markets Inc. and BofA Securities Inc. to act as the dealer managers for the Tender Offer. The Information Agent for the Tender Offer is Global Bondholder Services Corporation. Copies of the Offer to Purchase and related offering materials are available by contacting the Information Agent at (866) 470-3700 (toll-free) or (212) 430-3774. Questions regarding the Tender Offer should be directed to Citigroup Global Markets, Inc. at (800) 558-3745 (toll-free) or (212) 723-6106 (collect) and BofA Securities, Inc. at (980) 388-3646 (collect) or This email address is being protected from spambots. You need JavaScript enabled to view it..

This press release is not an offer to purchase or a solicitation of an offer to sell any securities. The Tender Offer is being made solely pursuant to the terms of the Offer to Purchase. The Company may amend, extend or terminate the Tender Offer in its sole discretion. The Tender Offer is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities or other laws of such jurisdiction.

Forward-Looking Statements

This release contains forward-looking statements. The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

United Kingdom

The communication of this press release and any other documents or materials relating to the Tender Offer is not being made and such documents and/or materials have not been approved by an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000 (“FSMA”). Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is only directed at and may be communicated to (1) those persons who are existing members or creditors of the Company or other persons within Article 43 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, and (2) to any other persons to whom these documents and/or materials may lawfully be communicated.

European Economic Area (EEA)

In any European Economic Area (EEA) Member State (the “Relevant State”), this press release is only addressed to and is only directed at qualified investors in that Relevant State within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (the “Prospectus Regulation”). Each person in a Relevant State who receives any communication in respect of the Tender Offer contemplated in this press release will be deemed to have represented, warranted and agreed to and with each Dealer Manager and the Company that it is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

Investor relations
Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
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James Davis
Senior Manager, Investor Relations
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Media relations
Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
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Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
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DUBLIN--(BUSINESS WIRE)--The "Engine Oil Additives Market Research Report by Engine Type, by Type, by End Use, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Engine Oil Additives Market size was estimated at USD 11.04 Billion in 2020 and expected to reach USD 11.39 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 3.55% to reach USD 13.61 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 Engine Oil Additives 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.

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 Engine Oil Additives Market?

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

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Engine Oil Additives Market?

4. What is the competitive strategic window for opportunities in the Global Engine Oil Additives Market?

5. What are the technology trends and regulatory frameworks in the Global Engine Oil Additives Market?

6. What is the market share of the leading vendors in the Global Engine Oil Additives Market?

7. What modes and strategic moves are considered suitable for entering the Global Engine Oil Additives Market?

Market Dynamics

Drivers

• Increase in demand for fuel-efficient vehicles
• Implementation of stringent emission norms especially for vehicles
• Use of engine oil additives leads to complete combustion of the fuel lowering the emission of harmful gases

Restraints

• Emergence of battery-operated vehicles gaining popularity

Opportunities

• Rise in demand for engine oil additives in the automobile and machinery industries
• Increasing export of oil additives in APAC region
• Development and optimization of a new high performance engine lubricant

Challenges

• Unprecedented challenges with new specifications and many new engine tests

Companies Mentioned

• Afton Chemical
• Akzo Nobel N.V.
• AMETEK Spectro Scientific
• Ashland Global Specialty Chemicals Inc.
• Baker Hughes Company
• BASF SE
• BRB International
• Chevron Corporation
• Chevron Phillips Chemical Company, LLC
• Clariant AG
• Croda International Plc.
• Ecolab Inc.
• Evonik Industries
• Halliburton Company
• Infineum International Limited
• LANXESS AG
• Lubrizol
• Lucas Oil Products, Inc.
• Multisol
• Schlumberger Limited
• TOTAL SE
• Vanderbit Chemicals LLC

For more information about this report visit https://www.researchandmarkets.com/r/bo0mgx

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that it will not proceed with its underwritten public offering of $50 million aggregate principal amount of 8.25% senior notes due 2028 which was successfully priced last Thursday night, August 26, 2021. Nasdaq informed Tellurian on Friday that it would not list the bonds due to a procedural interpretation.

Tellurian Executive Chairman Charif Souki said, “Clearly the massive retail investment market has been disruptive to the old rules guiding institutional investing, first in equities and now in bonds. Of course, we are disappointed with Nasdaq’s decision and wish it would have advised us earlier in the process. The good news is that Tellurian has plenty of liquidity, we achieved a BBB+ investment grade rating, and we established a viable market for our debt securities. Tellurian appreciates the continued support from its sophisticated and well-informed retail investors, and we hope to have another debt offering in the future.”

Tellurian also announced that the underwriters of its recent public offering of its common stock exercised their option to purchase an additional 5,250,000 shares, bringing the total shares purchased to 40,250,000. The total additional gross proceeds (before underwriters’ compensation and estimated expenses) from the exercise of the option are approximately $15.75 million.

About Tellurian Inc.

Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL.”

For more information, please visit www.tellurianinc.com. Follow us on Twitter at twitter.com/TellurianLNG

CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. The words “anticipate,” “assume,” “believe,” “budget,” “estimate,” “expect,” “forecast,” “initial,” “intend,” “may,” “plan,” “potential,” “project,” “proposed,” “should,” “will,” “would,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements herein relate to, among other things, the capacity, timing, and other aspects of the Driftwood project and potential future transactions. These statements involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. These risks include the matters discussed in Item 1A of Part I of the Annual Report on Form 10-K of Tellurian for the fiscal year ended December 31, 2020 filed by Tellurian with the Securities and Exchange Commission (the SEC) on February 24, 2021, and other Tellurian filings with the SEC, all of which are incorporated by reference herein. The forward-looking statements in this press release speak as of the date of this release. Although Tellurian may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so except as required by securities laws.

Media:
Joi Lecznar
EVP Public and Government Affairs
Phone +1.832.962.4044
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Investors:
Matt Phillips
Vice President, Investor Relations
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EVgo Launches an EV Charging Industry Collaboration with Stakeholders Across the EV Ecosystem Committed to Accelerating EV Adoption

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the Connect the Watts™ initiative aimed at accelerating the electrification of transportation by bringing together stakeholders across the EV charging infrastructure ecosystem to work efficiently to site, build, and deploy chargers. In response to growing consumer demand and policy support for EVs, EVgo and others across the U.S. are building a vast network of public fast chargers. Critical members of the charging ecosystem include EV manufacturers, charging infrastructure owners, utilities, site hosts, government funders, local permitting authorities, and equipment providers who must all collaborate to provide drivers access to convenient and reliable EV charging across America. Today, EVgo will release the first set of Connect the Watts EV charging implementation guides to expedite fast charger deployment across the various facets of the process.

Having held its first ecosystem-wide salon in May and the second in July 2021, EVgo’s Connect the Watts initiative has already garnered participation from more than 200 industry players, each aiming to advance transportation electrification. This release, the first in a series of implementation guides, is based on findings from the sharing of best practices between Connect the Watts participants and the requests from each and every sector involved to learn from others about efficient and effective deployment of charging infrastructure.

Industry research highlights that the most significant reservation consumers currently have with respect to purchasing an electric vehicle is access to charging¹. Furthermore, Bloomberg New Energy Finance cites a need for 77,000 fast chargers in the U.S. by 2027 in order to satisfy demand and create driver confidence. Although it takes EVgo just four to eight weeks to construct a fast-charging station, the typical all-in timeline for end-to-end station deployment can take from nine to 24 months given current practices, interactions and sign-off by hosts, utilities, government permitting agencies, and other stakeholders. According to PlugShare, the current installed base is approximately 20,000 fast chargers in the U.S., which means the pace with which chargers are sited, funded, and permitted must accelerate significantly.

During 2021 EVgo has hosted virtual sessions with industry leaders to share lessons learned from more than a decade of siting, building and operating the US’s most expansive public fast charging network, bringing all members of the ecosystem together to exchange challenges and solutions, and provide resources for utilities, permitting offices, landlords, and real estate owners to streamline deployment schedules. Drawing from the first series of Connect the Watts meetings, EVgo is publishing the inaugural set of best practices documents for Local Permitting, Utilities and Public Funding.

“The players in the charging ecosystem—retailers, utilities, governments, and equipment providers— are excited about the EV revolution and understand they have a key role to play in enabling the transition,” commented Cathy Zoi, CEO of EVgo. “We’re working together to create a flywheel that supports that. Much like Henry Ford’s revolutionary production line for the Model T in 1913, each of us has a role to play at enabling the efficient deployment of chargers.”

“Transformation of the transportation industry will require a deliberate and sustained effort to streamline the process for rapid deployment of EV infrastructure,” said Garrett Fitzgerald, Principal, Electrification at Smart Electric Power Alliance (SEPA). “The Connect the Watts guides illuminate best practices, share lessons learned, and generate new best practices for dissemination and adoption.”

Not unlike the solar industry a little over a decade ago, the advancement of technology is only a part of the picture to achieve scale. To build and energize thousands of fast charging stations, all stakeholders need to continue to work together to streamline processes of siting, permitting, and funding. EVgo has convened the EV community for knowledge sharing and constructive conversations. Members of the Connect the Watts community include automakers producing electric vehicles; equipment suppliers designing, manufacturing, and shipping chargers and equipment; public funders financing charger projects; property and retail organizations hosting chargers in their parking lots; utilities supplying power to the chargers; and local governments approving permits to build chargers. Sign up to receive updates from Connect the Watts.

About EVgo

EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations, EVgo’s owned and operated charging network serves over 68 metropolitan areas across 35 states and more than 275,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.

¹ Consumer Reports. December 2020. https://advocacy.consumerreports.org/wp-content/uploads/2020/12/CR-National-EV-Survey-December-2020-2.pdf

EVgo
For Investors:
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) and its joint venture (JV) partner DOF Subsea (OSE: DOF) have been awarded significant⁽¹⁾ long-term charter and services contracts by Petrobras (NYSE: PBR) for the pipelay support vessels Skandi Vitória and Skandi Niteroi.

The Brazilian-built and flagged vessels are owned by DOFCON Navegação Ltda, a 50/50 JV between TechnipFMC and DOF Subsea. Each contract is for three years, with an option to extend.

Operations are expected to begin by February 2022. Skandi Niteroi will operate mostly in shallow water, while Skandi Vitória will work in shallow and deep water. Both vessels will perform decommissioning and subsea installation work.

Jonathan Landes, President, Subsea at TechnipFMC, commented, “Our vessels serve as an important component of the strong flexible pipe ecosystem we have in Brazil. We are proud to extend our multi-decade relationship with Petrobras through these long-term contracts, which are built on close collaboration and our client’s trust in our ability to safely and efficiently deliver quality.”

(1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.

Note: this inbound order is included in the Company’s third quarter financial results.

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “believe”, “estimated” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

Investor relations

Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
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James Davis
Senior Manager, Investor Relations
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Media relations

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Vice President, Corporate Communications
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Catie Tuley
Director, Public Relations
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DUBLIN--(BUSINESS WIRE)--The "Cote d'Ivoire Oil and Gas Strategic Analysis and Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.

This report is a comprehensive guide to provide analysis and forecasts of the Cote d'Ivoire oil and gas market for the period 2010 to 2028. Asset by asset details of all existing and planned projects across Cote d'Ivoire oil and gas value chain are detailed in the report.

Driven by strong methodology and proprietary databases, reliable projections of oil, gas, petroleum products, coal, LNG-supply and demand are made to 2028. The research work examines the existing infrastructure (oil and gas assets), market conditions, investment climate and competitive landscape of upstream, midstream and downstream sectors.

SWOT Analysis and benchmarking tools are used to analyze and compare the real prospects and challenges of investing or expanding in the industry. Further, the report details all the investment opportunities sector wise, highlighting the industry growth potential and project feasibility. Detailed information on new fields, blocks, pipelines, refineries, storage assets and LNG terminals along with the investments required, current status of the projects and commencement feasibility are provided.

The report also analyzes three key companies in Cote d'Ivoire oil and gas industry. Business operations, SWOT Analysis and financial performance of the companies are provided. All latest developments in the industry along with their possible impact on the industry are included in the report.

Some of the key issues addressed in the report include:

• How will be oil and gas supply scenario in Cote d'Ivoire by 2028?
• Which of the petroleum products will witness the maximum demand growth by 2028?
• What are the new risks and opportunities for investors/ oil and gas companies?
• What are the potential investment opportunities in Cote d'Ivoire and how much investment is needed?
• How did the production from major fields vary over the last decade?
• What is the current status of all planned projects in Cote d'Ivoire?
• Who is the market leader and what is the market concentration ratio of pipelines, upstream, oil storage, refining, LNG and UGS sectors?
• What will be the coking/FCC/HCC/VDU capacities in Cote d'Ivoire by 2024?
• How much of the LNG capacity is contracted and how much will be available for contracts by 2024?
• What will be the crude oil/petroleum products/chemicals storage capacity by 2024?
• How much natural gas can be withdrawn from underground gas storage tanks in a day?
• How extensive is the pipeline transportation network in the country?

Key Topics Covered:

1. Overview

2. Cote d'Ivoire Energy Profile

2.1. Cote d'Ivoire Oil and Gas Snapshot

2.2. Total Primary Energy Demand, 2010-2028

2.3. Primary Energy Mix by Fuel, 2020

2.4. Oil and Gas Infrastructure

2.4.1. Refineries

2.4.2. LNG Terminals

2.4.3. Oil and Product Storage Terminals

2.4.4. Underground Gas Storage Terminals

2.4.5. Transmission Pipelines

2.5. Licensing and Regulatory Authorities

3. Cote d'Ivoire Economic and Demographic Analysis

3.1. Geographic Location and Map

3.2. Gross Domestic Product Forecasts to 2028

3.3. Population Growth Forecasts to 2028

3.4. Number of Vehicles Forecast to 2028

3.5. Final Consumption Expenditure Forecast to 2028

4. Cote d'Ivoire Supply-Demand Analysis and Forecasts to 2028

4.1. Cote d'Ivoire Oil Production Forecasts, 2010-2028

4.2. Cote d'Ivoire Natural Gas Production Forecasts, 2010-2028

4.3. Cote d'Ivoire Petroleum Products Production Forecasts, 2010-2028

4.4. Cote d'Ivoire Oil Demand Forecasts, 2010-2028

4.5. Cote d'Ivoire Natural Gas Demand Forecasts, 2010-2028

4.6. Cote d'Ivoire Petroleum Products Demand Forecasts, 2010-2028

5. Cote d'Ivoire Oil and Gas Industry Competitive Landscape

5.1. Oil Production Sector-Market Structure

5.2. Gas Production Sector-Market Structure

5.3. Pipeline Sector-Market Shares by Company, 2020

5.4. Refining Sector-Market Shares by Company, 2020

5.5. LNG Sector-Market Shares by Company, 2020

5.6. Oil Storage Sector-Market Shares by Company, 2020

5.7. Underground Gas Storage Sector-Market Shares by Company, 2020

6. Cote d'Ivoire Oil and Gas SWOT Analysis

6.1. Strengths

6.2. Weaknesses

6.3. Opportunities

6.4. Threats

7. Key Oil and Gas Investment Opportunities in Cote d'Ivoire

7.1. Cote d'Ivoire Upstream Opportunities

7.2. Cote d'Ivoire Midstream Opportunities

7.3. Cote d'Ivoire Downstream Opportunities

8. Cote d'Ivoire Oil and Gas Benchmarking with Peer Markets

8.1. Overall Ranking of Markets

8.2. Demographic and Economic Index

8.3. Oil and Gas Supply Index

8.4. Oil and Gas Demand Index

8.5. Infrastructure Index

9. Cote d'Ivoire Exploration and Production Market Analysis

10. Cote d'Ivoire Refinery Market Analysis

11. Cote d'Ivoire Liquefied Natural Gas Market Analysis

12. Cote d'Ivoire Storage Market Analysis

13. Cote d'Ivoire Pipeline Market Analysis

14. Profiles of Oil and Gas Companies in Cote d'Ivoire

15. Cote d'Ivoire Oil and Gas News Updates, 2017-2020

16. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/us5979

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--Regulatory News:

TechnipFMC (NYSE: FTI) (PARIS: FTI) and its joint venture (JV) partner DOF Subsea (OSE: DOF) have been awarded significant⁽¹⁾ long-term charter and services contracts by Petrobras (NYSE: PBR) for the pipelay support vessels Skandi Vitória and Skandi Niteroi.

The Brazilian-built and flagged vessels are owned by DOFCON Navegação Ltda, a 50/50 JV between TechnipFMC and DOF Subsea. Each contract is for three years, with an option to extend.

Operations are expected to begin by February 2022. Skandi Niteroi will operate mostly in shallow water, while Skandi Vitória will work in shallow and deep water. Both vessels will perform decommissioning and subsea installation work.

Jonathan Landes, President, Subsea at TechnipFMC, commented, “Our vessels serve as an important component of the strong flexible pipe ecosystem we have in Brazil. We are proud to extend our multi-decade relationship with Petrobras through these long-term contracts, which are built on close collaboration and our client’s trust in our ability to safely and efficiently deliver quality.”

(1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.

Note: this inbound order is included in the Company’s third quarter financial results.

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “believe”, “estimated” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

Category: UK regulatory

Investor relations

Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
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Media relations

Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
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Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
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Shell Catalysts & Technologies uses ON24 data and analytics to enhance digital experiences and build stronger relationships with energy producers

SAN FRANCISCO & LONDON--(BUSINESS WIRE)--#digitalengagement--Shell Catalysts & Technologies (SCT), a leading provider of catalysts, technical services, and licensed process technologies to energy producers, rapidly shifted to a digital-first engagement strategy and expanded its global reach using ON24 (NYSE: ONTF). With the ON24 Digital Experience Platform, SCT quickly scaled digital engagement with energy producers to build lasting relationships globally, garnering rich audience data to further personalize interactions with their customers.

“ON24 has helped us capture valuable insights to better understand our customers and support them,” said Will Potter, digital marketer at Shell Catalysts & Technologies. “Digital engagement is a critical way for us to share knowledge and updates with energy producers around the world. ON24 accelerated our shift to digital and delivered a great experience for us and our customers.”

On a mission to help the industry provide cleaner energy solutions, Shell Catalysts & Technologies used ON24 Webcast Elite to create and scale live virtual experiences to its global customers and prospects. The company also uses ON24 Engagement Hub to share on-demand content, analyzing engagement and responses in real-time with ON24’s AI-engine to further personalize engagement. Data and analytics are integrated with their marketing automation platform to give teams visibility into visitors, the content they’re downloading, and questions being asked.

“As one of the world’s most respected brands in the world, Shell is leading the way on data-driven, digital-first engagement to better serve their customers and create new opportunities in a fast-changing market,” said Steve Daheb, CMO at ON24. “ON24 gives them the audience insights they need to deliver personalized experiences to the right people at the right time.”

The ON24 Digital Experience Platform includes ON24 Webcast Elite, ON24 Virtual Conference, ON24 Breakouts, ON24 Engagement Hub, ON24 Target, ON24 Intelligence, and ON24 Connect. Companies can deliver digital experiences that create deep engagement, first-person data, and AI-driven personalization, as well as seamlessly integrate audience insights with marketing automation, CRM, and collaboration systems.

To learn how Shell Catalysts & Technologies improved audience engagement and insights with the ON24 Digital Experience Platform, watch the on-demand webinar at ON24.com/Shell.

About ON24

ON24 provides a leading cloud-based hybrid engagement platform that makes it easy to create, scale, and personalize engaging experiences to drive measurable business growth. Today, we are helping over 2,000 companies worldwide, including 3 of the 5 largest global technology companies, 4 of the 5 largest US banks, 3 of the 5 largest global healthcare companies, and 3 of the 5 largest global industrial manufacturing companies, convert millions of prospects to buyers. Through interactive webinars, virtual events, and always-on multimedia experiences, ON24 provides a system of engagement, powered by AI, which enables businesses to scale engagement, conversions, and pipeline to drive revenue growth. The ON24 platform supports millions of professionals a month who are totaling billions of engagement minutes per year. ON24 is headquartered in San Francisco with global offices in North America, EMEA, and APAC. For more information, visit www.ON24.com.

Forward-Looking Statements

This document contains “forward-looking statements” under applicable securities laws. In some cases, such statements can be identified by words such as: “expect,” “convert,” “believe,” “plan,” “future,” “may,” “should,” “will,” and similar references to future periods. Forward-looking statements include express or implied statements regarding our ability to achieve our business strategies, growth, or other future events or conditions. Such statements are based on our current beliefs, expectations, and assumptions about future events or conditions, which are subject to inherent risks and uncertainties, including the risks and uncertainties discussed in the filings we make from time to time with the Securities and Exchange Commission. Actual results may differ materially from those indicated in forward-looking statements, and you should not place undue reliance on them. All statements herein are based only on information currently available to us and speak only as of the date hereof. Except as required by law, we undertake no obligation to update any such statement.

© 2021 ON24, Inc. All rights reserved. ON24 and the ON24 logo are trademarks owned by ON24, Inc., and are registered in the United States Patent and Trademark Office and in other countries.

Media Contact:
Roger Villareal
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Investor Contact:
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HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, October 19, 2021, to discuss its third quarter 2021 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).

The Company will issue a press release regarding the third quarter 2021 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com.

Please click here to pre-register for the conference call and obtain your dial in number and passcode. You can also visit the Halliburton website to listen to the call via live webcast. Attendees should log in to the webcast or dial in approximately 15 minutes prior to the start of the call.

A replay of the conference call will be available on Halliburton’s website until October 26, 2021. Also, a replay may be accessed by telephone at (855) 859-2056 within North America or +1 (404) 537-3406 outside of North America, using the passcode 5859585.

About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 40,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

For Investors:
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281-871-2688

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281-871-2601

• Procurement First-Ever to Employ Digital Registry Tracking Gas Origin, Emissions Intensity
• Énergir to Receive Natural Gas from Pacific Canbriam Energy Certified under the EO100™ Standard

MONTREAL--(BUSINESS WIRE)--A consortium of leading energy and commodities market participants has collaborated to execute the first-ever Responsibly Sourced Gas (RSG) supply agreement to use the Xpansiv Digital Fuels Registry™ to validate and register the gas’s origin, energy content and methane intensity, all derived from independent data sources.

Macquarie Energy Canada, Ltd. a wholly owned subsidiary of Macquarie Group (“Macquarie”) will supply Québec’s leading natural gas distributor Énergir with natural gas from Pacific Canbriam Energy, a certified producer under the Equitable Origin EO100^TM Standard for Responsible Energy Development. The physical natural gas will be bundled with Digital Natural Gas (DNG™), a registered digital asset derived from real-time production data as defined by Xpansiv’s Digital Fuels Program. The registered DNG attributes are recorded in an immutable digital certificate, enabling the owner to retire and claim the digital asset to meet ESG goals.

The transaction is the result of extensive collaboration between Énergir, Xpansiv, Equitable Origin, Pacific Canbriam Energy, and Macquarie. These companies share a vision to transition toward a lower-carbon economy.

“Customers and stakeholders are seeking to participate in the energy transition, and through this initiative we’re pleased to offer natural gas sourced with greater transparency, aligned with current ESG thinking,” said Vincent Regnault, Énergir Director of Gas Supply and development of Renewable Gases. “This milestone transaction marks significant progress toward reaching our target of contracting 100% of our system gas supply through our Initiative for the Responsible Procurement of Natural Gas by 2030.”

“Macquarie is engaged in a variety of projects to advance the energy transition,” said Craig Fisher, a Senior Managing Director at Macquarie. “The establishment of a digital registry is an important innovation that establishes unprecedented levels of transparency and detail, which will further catalyze the certified natural gas market.” Macquarie leveraged its expertise in physical commodities and environmental markets to structure the transaction, collaborating with Pacific Canbriam Energy to arrange the supply and logistics of the delivery.

“We’re excited to be part of this transaction that represents years of development and refinement focused on delivering ESG market infrastructure that ensures integrity,” said Xpansiv Sustainability Director Jeff Cohen. “This incentivizes cleaner fuel production, accelerating progress toward net zero.”

“Canada is a leader in responsibly sourced energy and is uniquely positioned to support climate change mitigation, sustainable development, and overall wellbeing around the world,” said Paul Myers, President of Pacific Canbriam Energy. “This transaction delivers on the purpose of Pacific Canbriam Energy — we’re pleased to have contributed to a first-of-its-kind responsibly sourced natural gas agreement with outstanding collaborators.”

About Énergir

With more than $8 billion in assets, Énergir is a diversified energy business whose mission is to meet the energy needs of approximately 530,000 customers and the communities it serves in an increasingly sustainable way. Énergir is the largest natural gas distribution company in Quebec; through its joint ventures (1), it also generates electricity from wind power. And through its U.S. subsidiaries and other investments, Énergir has a presence in close to 15 states, where it generates electricity from hydraulic, wind, and solar sources; it is also the largest electricity distributor and the sole natural gas distributor in the State of Vermont. Énergir values energy efficiency and invests its resources and continues its efforts in innovative energy projects such as renewable natural gas and liquefied and compressed natural gas. Through its subsidiaries, it also provides a variety of energy services. Énergir strives to become the partner of choice for those seeking a better energy future. https://www.energir.com/en/

About Equitable Origin

Equitable Origin is a non-profit organization that created the first market-based mechanism to recognize and reward responsible energy producers and to empower energy purchasers through independent, site-level certification. The EO100™ Standard for Responsible Energy Development is grounded in a set of comprehensive, globally applicable ESG performance targets developed with extensive stakeholder input. The EO100^TM Standard includes five core principles: corporate governance and ethics; social impacts, human rights and community engagement; Indigenous Peoples’ rights; occupational health & safety and fair labor standards; and environmental impacts, biodiversity and climate change. Certification against the EO100™ Standard promotes best practices and drives improvements in ESG performance while enabling a market for differentiated energy production. www.energystandards.org

About Macquarie Group

Macquarie Group Limited is a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie employs 16,459 people globally. As of March 31, 2021, Macquarie had assets under management of $428.3 billion. www.macquarie.com

About Pacific Canbriam Energy Limited

Pacific Canbriam Energy Limited is a private exploration and production company with a focus on liquids-rich natural gas development. Its principal producing properties and acreage positions are in the Altares and Kobes Montney regions of northeast British Columbia. Pacific Canbriam is an industry leader in water management and recycling, and unique in the ownership of all infrastructure. The company was founded in 2007 and is headquartered in Calgary, Alberta with an office in Fort St. John, British Columbia. https://www.pacific-canbriam.ca/

About Xpansiv

Xpansiv is the global marketplace for ESG-inclusive commodities. These Intelligent Commodities™ bring transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world. The Digital Fuels Registry enables commodities to be valued based on myriad production and environmental factors and certifications. Producers may then register these data sets as digital assets for transfer or trading on the company’s CBL exchange. Other company units include XSignals, which provides end-of-day and historical market data, and EMA, the leading multi-registry portfolio management system for ESG-inclusive commodities. Xpansiv.com

Media
David Franecki
212-231-1310
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LEAWOOD, KS--(BUSINESS WIRE)--This notice provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) with information regarding the distributions paid on August 31, 2021 and cumulative distributions paid fiscal year-to-date.

The following table sets forth the estimated amounts of the current distributions, payable August 31, 2021 and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Tortoise Pipeline & Energy Fund, Inc.

Tortoise Power and Energy Infrastructure Fund, Inc.

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

TTP and TPZ estimate that they have distributed more than their income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TTP and/or TPZ is paid back to you. A return of capital distribution does not necessarily reflect TTP and/or TPZ's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported 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 TTP and TPZ's investment experience during the remainder of their fiscal years and may be subject to changes based on tax regulations. TTP and/or 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 is the Adviser to the Tortoise Pipeline & Energy Fund, Inc. and the Tortoise Power and Energy Infrastructure Fund, Inc.

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

About Tortoise

Tortoise focuses on energy & power infrastructure and the transition to cleaner energy. Tortoise’s solid track record of energy value chain investment experience and research dates back more than 20 years. As one of the earliest investors in midstream energy, Tortoise believes it is well-positioned to be at the forefront of the global energy evolution that is underway. With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities. To learn more, please visit www.TortoiseEcofin.com.

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 Tortoise Capital Advisors 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 Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

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.

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

• Lightning and Collins^® expect to deploy more than 100 all-electric Type A school buses across U.S. and Canada over the next few years.
• The agreement includes an initial firm order commitment worth approximately $11M over the next two years
• Lightning to provide all-electric powertrains including installation, and charging infrastructure products and services

LOVELAND, Colo.--(BUSINESS WIRE)--Collins Bus, an industry leader in manufacturing Type A School Buses and a subsidiary of REV Group, Inc. (NYSE: REVG), and Lightning eMotors (NYSE: ZEV), a leading provider of all-electric powertrains and commercial vehicles, today announced a strategic partnership to manufacture and deploy zero-emission, all-electric Type A school buses.

Collins Bus is a market leader in the Type A school bus space and has deployed more than 70,000 buses over the last 50 years across the United States and Canada.

“School districts across the U.S. and Canada are eager to introduce zero-emission electric buses,” said Brian Perry, president, REV Commercial Segment. “In addition to being clean, green, and sustainable, electric school buses are quiet, efficient, and much less expensive to maintain. We’re pleased to be working with Lightning eMotors to provide districts with the all-electric buses their students, drivers, and communities want.”

The all-electric Type A school buses each will have a gross vehicle weight of 14,500 pounds and will feature state-of-the-art NMC batteries using industry-leading battery thermal management and safety systems. The buses will support both Level 2 AC charging and Level 3 DC Fast Charging, with integrated vehicle-to-grid (V2G) capabilities. Other features will include a modern digital-dash display, hill-hold functionality for safety, advanced telematics, analytics, and a mobile app for drivers and fleet managers.

“Collins has decades of bus manufacturing experience and is a long-standing leader in Class A school buses, with a well-established and loyal dealer network and customer base,” said Tim Reeser, CEO of Lightning eMotors. “We are thrilled that they have selected us to be their EV technology partner. There are nearly half a million school buses in the U.S., that are sitting at peak electric times available to put energy back on the grid, making student transportation a key part in reducing air pollution and greenhouse gas emissions (GHG). We believe Collins’ leadership can be a strong catalyst for the market to move to all electric. Together, we are ready to bring zero-emission school buses to a neighborhood near you.”

The U.S. Senate recently voted for a $1 trillion infrastructure bi-partisan bill. The bill includes $7.5 billion dedicated to building additional charging stations for electric vehicles, while another $7.5 billion would help fund swapping out current school buses. The bill is now in the house, pending major negotiations.

According to the Clean Energy Leadership Institute, there are roughly 480,000 school buses being used for school transportation in the U.S. These buses travel a total of nearly 3.5 billion miles each year, and nearly 95% of them run on diesel or gasoline fuel. These buses are parked during peak electric grid hours in the afternoon and all summer, with available energy to put back on the grid through Lightning’s V2G solution.

“We are excited about matching our bus manufacturing experience with Lightning’s proven EV technology,” said Chris Hiebert, VP and general manager of Collins Bus. “Our customers and dealers have been asking for a high-performance, cost-effective zero-emission school bus, with demand increasing significantly in recent months. After visiting Lightning’s facility in Colorado, we were convinced they are the right partner for us.”

“Electrifying school buses just makes sense,” said Kash Sethi, chief revenue officer, Lightning eMotors. “The environmental and health benefits are a no brainer. With predicable routes, dedicated overnight parking at school bus depots, fuel and maintenance savings, all-electric school buses now make a lot of operational and financial sense as well. We are excited to partner with Collins and look forward to working with their nationwide dealer network to lead the school bus industry towards a zero-emission future.”

The first batch of all-electric Collins school buses leveraging Lightning’s EV technology is already in production, with buses expected to be delivered to dealerships and school districts this fall.

Lightning eMotors is exhibiting at this week’s Advanced Transportation Conference (ACT Expo) in Long Beach, California. To learn more about the availability of the new all-electric school buses, please visit Booth 1227.

About Collins Bus Corporation
Collins Bus Corporation, a subsidiary of REV Group Inc., has delivered more than 50 years of the best bus designs. The Collins name has long been synonymous with the school bus industry. After half a century of delivering Type A school buses with A+ marks for strength and safety, it only makes sense that Collins has become the nation’s most trusted bus manufacturer across every segment. From Type A school buses to the latest Collins Mobile Clinic, passengers and businesses can place their trust in Collins’ engineering and innovation as much as the company itself. For more information, visit https://www.collinsbus.com.

About REV Group, Inc.
REV Group^® companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. They provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers), and consumer leisure (recreational vehicles). REV Group's diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG.

About Lightning eMotors
Lightning eMotors has been providing specialized and sustainable fleet solutions since 2009, deploying complete zero-emission-vehicle (ZEV) solutions for commercial fleets since 2018 – including Class 3 cargo and passenger vans, Class 4 and 5 cargo vans and shuttle buses, Class 6 work trucks, school buses, Class 7 city buses, and Class A motor coaches. The Lightning eMotors’ team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs, including school buses and ambulances, with a full suite of control software, telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency. Lightning eMotors also offers charging technologies and “Charging as a Service” (CaaS) to commercial and government fleets via its Lightning Energy division.

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Such forward-looking statements include, but are not limited to, statements regarding the anticipated number of all-electric Type A school buses to be deployed across the U.S. and Canada over the next several years, the potential timing, likelihood and effects of pending legislation, whether this agreement will be the catalyst for widespread adoption of zero emission school buses, the potential impact on Lightning eMotors’ costs and demand for its products, the expected delivery date and deployment timing for the new all-electric Type A school buses, the design, features, specifications, capabilities, benefits and advantages of our products and technology, as well as of electric vehicles more broadly, and statements regarding Lightning eMotors product and customer developments, its expectations, hopes, beliefs, intentions, plans, prospects or strategies regarding the future revenues and expenses and the business plans of Lightning eMotors’ management team. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by the management of Lightning eMotors in light of their respective experience and perception of historical trends, current conditions and expected future developments and their potential effects on Lightning eMotors as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting Lightning eMotors will be those anticipated. These forward-looking statements contained in this press release are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and other factors include, but are not limited to: (i) the actual number of all-electric Type A school buses deployed pursuant to the agreement and the ultimate revenue to be generated thereunder, (ii) those related to our operations and business and financial performance; (iii) our ability to deliver the products and services under the agreement on the expected timetable; (iv) our ability to execute on our business strategy and grow demand for our products and our revenue; (v) the potential impact on our costs; (vi) the potential severity, magnitude, and duration of the COVID-19 pandemic as it affects our business operations, global supply chains, financial results, and position and on the U.S. and global economy; (vii) current market conditions and federal, state, and local laws, regulations, and government incentives, particularly those related to the electric school bus industry; (viii) the size and growth of the markets in which we operate; (ix) the mix of products utilized by the Company’s customers and such customers’ needs for these products; (x) market acceptance of new product offerings and whether this will be a catalyst for others to purchase electric vehicles; (xi) our ability to deliver reliable products and technologies with capabilities, features, and specifications desired by current and potential customers; and (xii) the potential benefits and advantages of our technology and products, and of electric vehicles more broadly. Moreover, we operate in a competitive and rapidly changing environment, and new risks may emerge from time to time. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Should one or more of these risks or uncertainties materialize or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

Joe Koenig – Lightning eMotors
(800) 223-0740
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Julie Nuernberg – REV Group
(262) 389-8620
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TOKYO--(BUSINESS WIRE)--IFTL and inQs are pleased to announce that they have successfully harvested power using virtually colorless clear glass. The power generation glass is made using SQPV (SQ Photovoltaic) technology, which has a visible light transmittance of 75% and is capable of providing both heat insulation and power generation. The glass is able to generate power from both sides of the glass. It can also substantially reduce the heat generated by sunlight. Energy generated from the glass can help to reduce carbon footprint by using the energy where it is harvested.

This technology is based on initial research and patents from International Frontier Technology Laboratory Inc. (IFTL), and uses material technology and nanotechnology to harvest power from light using catalysts and electrodes.

inQs Co., Ltd (IFTL’s subsidiary) has been developing glass to generate electricity using this SQPV technology.

IFTL and inQs have produced this product with the support of the NTT Group. The products can be used as window glass capable of harvesting energy that can then be used locally.

NTT group has a large information and communications relationship between the wired communication business, mobile communication business, Internet-related business, and information and communications business, and has recently been focusing on overseas information system construction business, domestic urban development, and power energy business.

Product Specifications:

SQPV glass body (excluding frame):
Width: 280mm
Length 280mm
Glass thickness: 2mm
Visible light transmission: 75%
Electric current generation: ~70 milliampere (mA)
Solar heat gain is 0.69

“The first application of the product has been installed at Kaijo Gakuen in August. This allows the students at Kaijo Gakuen to view this innovative technology, and to inspire their future studies in this field. We are proud to have Kaijo Gakuen as our first client.”, said Nobuaki Komatsu, President of IFTL.

About IFTL

IFTL has developed a new material, SQ. SQ is a material emitted by light, and IFTL has developed an optical power generation device that harvests energy from this material that can generate power. This technology is the winner of numerous awards, including E&Y’s “Entrepreneur of the Year Special Award”, Japan Venture Awards Technology Innovate Special Award, and the IDTechEx “Best Technical Development within Energy Harvesting Award.

Rike Wootten
IFTL Co., Ltd.
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• Citigroup Global Markets Inc. (“Citi”) named as Strategic Financial Advisor for hydrogen infrastructure
• Citi to provide guidance and advice as Mitsubishi Power expands its industry-leading portfolio of clean hydrogen projects and off-takers

LAKE MARY, Fla.--(BUSINESS WIRE)--#BESS--Mitsubishi Power Americas (Mitsubishi Power) has retained Citigroup Global Markets Inc. (“Citi”) as its Strategic Financial Advisor (SFA) to explore growth financing options to expand hydrogen infrastructure across North America. During recent years, Mitsubishi Power has emerged as the hydrogen infrastructure leader in North America, working with partners to develop hydrogen infrastructure projects.

Hydrogen Hub Projects and Partnerships

Mitsubishi Power’s current partnerships for large-scale hydrogen production, energy storage and transportation include

• North America’s largest green energy storage project: Advanced Clean Energy Storage, a partnership with Magnum Development in Delta, Utah, to create a green hydrogen hub that will eventually provide pipeline connectivity throughout the Western Interconnect of North America. The project will produce renewable hydrogen, store it in vast underground salt dome caverns, and dispatch it as a clean fuel for power generation, transportation and industrial applications.
• North America’s largest blue hydrogen project: A joint development agreement with Bakken Energy to create a hydrogen hub in North Dakota comprising facilities that produce, store, transport and consume blue hydrogen. The hub will be connected by pipeline to other hydrogen hubs being developed throughout North America.
• A strategic partnership agreement with Texas Brine that provides salt dome rights that position Mitsubishi Power to develop green or blue hydrogen hubs in New York, Virginia, Louisiana and Texas.

Joint Development Projects and Hydrogen Off-takers

Mitsubishi Power will also use Citi for guidance as it extends its web of joint development projects and partnerships with hydrogen off-takers. Mitsubishi Power has already secured several joint development agreements (JDAs), gas turbine orders for power projects with hydrogen capabilities, and off-taker agreements.

Current projects and partnerships include

• JDAs with Entergy in the Gulf Coast and with Puget Sound Energy in the Pacific Northwest to develop strategies and projects to assist the utilities in meeting their carbon reduction goals
• Hydrogen gas turbine orders, now secured and released for manufacturing, with the Intermountain Power Authority in Utah and Capital Power in Alberta, Canada
• Off-taker agreements in unregulated U.S. power markets with independent power producers
  • Agate Power’s Danskammer project in New York
  • Balico’s Chickahominy project in Virginia
  • Advanced Power / Emberclear’s Harrison project in Ohio

Stephen Trauber, Vice Chairman & Global Co-Head of Natural Resources & Clean Energy Transition, Citi, said, “Mitsubishi Power has a strong North American clean hydrogen project portfolio and a clear vision to connect the continent to decarbonize the power generation, transportation and industrial sectors. We look forward to helping them model the trajectory to clean hydrogen. We will leverage our expertise in assisting clients in traditionally carbon-intensive industries to help Mitsubishi Power explore their options to attract and deploy capital from investment partners.”

Paul Browning, President and CEO of Mitsubishi Power Americas, said, “For several years, we’ve been working with early adopters of green and blue hydrogen that have advantaged access to existing hydrogen infrastructure, such as the Intermountain Power Agency, Magnum Development, Bakken Energy, and Entergy’s Orange County Advanced Clean Power Station. Now we plan to build off of these early adopter projects to build a hydrogen hub-and-spoke infrastructure that spans North America and makes clean, affordable hydrogen widely available. Strategic financial advice from Citi will enable us to attract strategic and financial partners who share our vision. With our customers and partners, we are creating a Change in Power.”

About Mitsubishi Power Americas, Inc.

Mitsubishi Power Americas, Inc. (Mitsubishi Power) headquartered in Lake Mary, Florida, employs more than 2,200 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North, Central, and South America. Mitsubishi Power’s power generation solutions include gas, steam, and aero-derivative turbines; power trains and power islands; geothermal systems; PV solar project development; environmental controls; and services. Energy storage solutions include green hydrogen, battery energy storage systems, and services. Mitsubishi Power also offers intelligent solutions that use artificial intelligence to enable autonomous operation of power plants. Mitsubishi Power, Ltd. is a wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace, and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.

Communications Contact
Christa Reichhardt
+1 407-484-5599
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• Improved model aims to increase efficiency and payload; enhance driver experience

• Hybrid eX to be unveiled at the American Clean Transportation (ACT) Expo on August 31 with customer units shipping later this year

• Hyliion will begin to recognize revenue on Hybrid eX units following launch

AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 commercial semi-trucks, will be unveiling an improved model of its Hybrid system at the American Clean Transportation Expo in Long Beach, California.

Designated the Hyliion Hybrid eX, this updated version of Hyliion’s sustainability-focused hybrid powertrain offers fleets a lighter solution that is easier to install, service, and operate. The Hybrid eX draws upon the real-world feedback Hyliion has received from customers and the millions of miles logged with the previous system.

The Hybrid eX features a number of improvements over the earlier Hybrid configuration, including:

• A simpler, more rugged design with a consolidated battery box that aims to significantly streamline the installation process
• Reduced net system weight, allowing for greater payload
• New e-axle for improved efficiency
• Refined software and cloud connectivity aiming to deliver over-the-air performance and proprietary updates more efficiently
• New automatic traction-assist feature and updated control interfaces striving for improved driver experience
• Cybersecurity advancements to adhere to the latest in industry best practices

“The launch of the enhanced version of our Hybrid powertrain is a major milestone in our Hybrid commercialization process and reflects the ongoing work we are doing to innovate for the benefit of commercial fleets and the environment,” said Thomas Healy, Founder and CEO of Hyliion. “We expect these improvements to make the Hybrid that much easier for fleets to adopt, while also helping them to achieve their ESG and emissions targets.”

Hyliion will unveil the Hybrid eX for the first time today at the ACT Expo in Long Beach, California and is expected to begin shipping Hybrid eX units in the latter part of 2021. Initial recipients include both returning Hyliion customers, and new customers like Werner Enterprises, whose semi-truck will be featured in Hyliion’s booth at the ACT Expo. After the launch of the Hybrid eX product, the company expects to recognize revenue on these units.

Hyliion’s Hybrid solution is designed for Class 8 diesel and CNG commercial trucks, providing fuel savings, performance and other improvements via an energy regeneration powered electric hybrid system, depending on truck configuration and fuel type. Combined with Hyliion’s proprietary software and battery technology, this comprehensive solution—which also contains an integrated hoteling auxiliary power unit (APU) to reduce idling—aims to assist fleets to achieve maximum operational performance, driving progress towards their sustainability goals.

About Hyliion

Hyliion’s mission is to reduce the carbon intensity and greenhouse gas (GHG) emissions of Class 8 commercial trucks by being a leading provider of electrified powertrain solutions. Leveraging advanced software algorithms and data analytics capabilities, Hyliion offers fleets an easy, efficient system to decrease fuel and operating expenses while seamlessly integrating with their existing fleet operations. Headquartered in Austin, Texas, Hyliion designs, develops, and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial trucks, with the goal of transforming the commercial transportation industry’s environmental impact at scale. For more information, visit www.hyliion.com.

Forward Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, Hyliion’s ability to disrupt the powertrain market, Hyliion’s focus in 2021 and beyond, the effects of Hyliion’s dynamic and proprietary solutions on its commercial truck customers, accelerated commercialization of the Hypertruck ERX, the ability to meet 2021 and future product milestones, the impact of COVID-19 on long-term objectives, the ability to reduce carbon intensity and greenhouse gas emissions and the other risks and uncertainties set forth in “Risk Factors” section of Hyliion’s annual report on Form 10-K/A filed with the Securities and Exchange Commission (the “SEC”) on May 17, 2021 for the year ended December 31, 2020. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion’s operations and projections can be found in its filings with the SEC. Hyliion’s SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.

Hyliion Holdings Corp.
Press
Ryann Malone
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(833) 495-4466

Investor
Louis Baltimore
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(833) 495-4466

DUBLIN--(BUSINESS WIRE)--The "Fuel Additives 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 Fuel Additives Market size was estimated at USD 7,060.06 Million in 2020 and expected to reach USD 7,377.05 Million in 2021, at a Compound Annual Growth Rate (CAGR) 4.82% to reach USD 9,368.74 Million 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 Fuel Additives 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.

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 Fuel Additives Market?

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

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

4. What is the competitive strategic window for opportunities in the Global Fuel Additives Market?

5. What are the technology trends and regulatory frameworks in the Global Fuel Additives Market?

6. What is the market share of the leading vendors in the Global Fuel Additives Market?

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

Market Dynamics

Drivers

• Stringent governmental regulations for lowering the emision
• Growth in demand of high fuel efficiency
• Lowering quality of crude oil

Restraints

• Rise in demand for alternate fuels

Opportunities

• Rising acceptance of Ultra-Low Sulfur Diesel (ULSD)
• Inclination towards biobased, biodegradable fuel additive

Challenges

• Increasing penetration of electric vehicles

Companies Mentioned

• Afton Chemical
• Baker Hughes
• BASF SE
• Chevron Corporation
• Clariant
• Croda International PLC
• Dorfketal Chemicals (I) Pvt. Ltd
• Eni SpA
• Evonik Industries AG
• Exxon Mobil Corporation
• Infineum International Limited
• Innospec Inc.
• LANXESS
• QAFAC
• Royal Dutch Shell PLC
• The Lubrizol Corporation
• Total SA
• VeryOne SaS

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

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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