Partnership to provide funding for development partners and grant Stem right of first refusal as preferred energy storage provider for new and retrofit solar PV opportunities

MILLBRAE, Calif.--(BUSINESS WIRE)--#STEM--Stem, Inc. (“Stem” or “the Company”) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy storage services, today announced it has entered into a memorandum of understanding (MOU) with respect to a new financing partnership with CleanCapital, a leading clean energy investment platform and one of the largest owner-operators of distributed solar assets in the United States. Under the terms of the MOU, Stem and CleanCapital will work to develop a framework whereby Stem will provide its expertise and support for smart energy storage services—including storage hardware and Athena® smart energy software—to developers as CleanCapital’s preferred energy storage provider with right of first refusal in favor of Stem for all of CleanCapital’s storage projects that the parties originate together.

In April 2021, CleanCapital announced a $300 million corporate investment commitment from Manulife Investment Management to expand its portfolio of clean energy assets. With Stem as its new partner, CleanCapital expects to actively pursue investments in standalone energy storage, solar retrofits to add storage, and new-build solar plus storage projects.

The proposed partnership will focus on mid-market commercial energy storage and small utility front-of-meter (FTM) projects up to 30 megawatts (MW) across the United States. The partners will target commercial & industrial (C&I) end users and electric cooperatives—including deployments that qualify for the Solar Massachusetts Renewable Target (SMART) Program, a state initiative that promotes cost-effective solar development with customer-facing and grid service benefits.

“Partnering with CleanCapital, which has the financial backing of one of the world’s largest institutional investors, means we can help more renewable energy companies contribute to the clean energy revolution,” said Alan Russo, Chief Revenue Officer at Stem. “Adding this committed source of financing to Stem’s expertise and Athena® smart energy software enables our team to develop the highest quality assets for long term owners. We look forward to creating additional value for our energy partners as CleanCapital augments and grows its storage portfolio.”

“Energy storage represents a tremendous opportunity as the world transitions to clean energy. We are thrilled to pursue this market by partnering with Stem, a clear leader in AI-driven energy storage,” said Jon Powers, Co-founder & President of CleanCapital. “We look forward to working closely with Stem to help finance the ongoing development of energy storage across the country.”

About Stem, Inc.

Stem, Inc. provides solutions that address the challenges of today’s dynamic energy market. By combining advanced energy storage solutions with Athena®, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter. For more information, visit www.stem.com.

About CleanCapital

CleanCapital is an industry-leading clean energy investment platform. Since 2015, CleanCapital has worked to accelerate investment in distributed solar and storage assets to address the urgent threat of climate change. Its leading-edge technology platform facilitates the evaluation and acquisition of clean energy assets with speed and certainty. CleanCapital’s cumulative acquisitions, now totaling more than $840 million, include 230 MW of solar assets comprising 160 projects in 18 states. More information about CleanCapital can be found at cleancapital.com.

Cautionary Statement regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “believe,” “plan,” “estimate,” “intend,” “anticipate,” “should,” “could,” “will,” “see,” “likely,” and similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as projected demand our AI-driven clean energy storage services; the likelihood that the parties will enter into a definitive agreement; forecasts or expectations regarding the development of, or anticipated benefits of, the partnership; and other forecasts or expectations regarding the partnership, the energy transition and global climate change. These statements are subject to risks and uncertainties, including, but not limited to, the risk that the parties will not enter into a definitive agreement; the inability to recognize intended benefits from the partnership; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the extent of customer demand for AI-driven clean energy storage services; risks relating to the development and performance of Stem’s energy storage systems and software-enabled services; other economic, business and competitive factors; and other risks and uncertainties set forth in the section entitled “Risk Factors” in the definitive proxy statement relating to the business combination filed by Star Peak on March 30, 2021, Stem’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC, and other documents Stem files or furnishes with the SEC in the future. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and the parties disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

Source: Stem, Inc.

Investor Contacts – Stem
Ted Durbin, Stem, Inc.
Marc Silverberg, ICR, Inc.
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Media Contact – Stem
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Media Contact – CleanCapital
Carly Battin
Director, Marketing, CleanCapital
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Strategic alliance expected to focus on decarbonizing the global materials supply chain

WEST SACRAMENTO, Calif. & DENVER--(BUSINESS WIRE)--Origin Materials (“Origin Materials” or “Origin”), the world’s leading carbon negative materials company, and Palantir Technologies Inc. (“Palantir”) (NYSE: PLTR) today announced the formation of a strategic alliance to accelerate the world’s transition to net zero carbon.

The strategic alliance will focus on decarbonizing the global materials supply chain. Palantir is a software company whose platforms enable organizations to optimize complex and sensitive data environments. Origin Materials plans to deploy Palantir’s Foundry technology to support the acceleration of its internal operations and to help companies decarbonize their supply chains on their journey to net zero.

“Existing supply chains for physical goods are complicated, opaque and carbon-intensive,” said John Bissell, Co-Founder and Co-CEO of Origin Materials. “The carbon-intensity of those supply chains is dominated by the raw materials which comprise physical, end market products. The combination of Palantir's data integration and modeling capability and Origin's expertise and technology for the decarbonization of physical raw materials is expected to help enable those complicated, opaque, and carbon-intensive supply chains to become well-managed, transparent, and decarbonized.”

“We are deeply energized by Origin’s meaningful progress against the world’s net zero ambition,” said Shyam Sankar, Chief Operating Officer of Palantir Technologies. “Our platform is uniquely suited to support the decarbonization of complex global supply chains. Customers across dozens of industries are using Foundry to build a carbon-focused common operating picture that allows them to track live emissions, simulate scenarios based on emerging technologies and regulations, and make real-time changes to their business.”

Origin Materials and Palantir are also exploring commercial opportunities that would bring value to their customers across a variety of industries by implementing data-driven strategies to understand, quantify, and reduce environmental impact while building a resilient and profitable business. This supply chain visibility is expected to enable carbon plans that can be applied to financial and regulatory reporting, daily operations, and multi-year business planning. As part of this new strategic alliance to decarbonize the world’s global supply chain, Origin Materials will also become a new Palantir customer.

Origin Materials’ patented technology platform, which turns inexpensive, plentiful and sustainable wood residues into carbon-negative materials, can help revolutionize the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting, toys, and more with a ~$1 trillion addressable market. In addition, Origin Materials’ technology platform is expected to provide stable pricing largely decoupled from the petroleum supply chain, which is exposed to more volatility than supply chains based on sustainable wood residues.

“This strategic partnership with Palantir is expected to deliver significant value to our customers as they factor emissions from materials into their carbon accounting, disclosure and reduction processes,” said Rich Riley, Co-CEO of Origin Materials. “By integrating Palantir’s enterprise operating system with Origin’s carbon negative technology platform, we can help our customers optimize their decarbonization strategies across their supply chains and at the enterprise level.”

About Origin Materials

Headquartered in West Sacramento, Origin Materials is the world's leading carbon negative materials company. Origin Materials’ mission is to enable the world’s transition to sustainable materials. Over the past 10 years, Origin Materials has developed a platform for turning the carbon found in non-food biomass into useful materials, while capturing carbon in the process. Origin Materials’ patented drop-in core technology, economics and carbon impact are supported by a growing list of major global customers and investors. Origin Materials’ first commercial plant is expected to be operational in 2022 with a second commercial plant expected to be operational by 2025 and plans for additional expansion over the next decade.

On February 17, 2021, Origin Materials and Artius announced a definitive agreement for a business combination that is expected to result in Origin Materials becoming a public company. Upon closing of the transaction, expected in the second quarter of 2021, the combined company will be named “Origin Materials, Inc.” and remain listed on the Nasdaq under the new ticker symbol “ORGN.” The transaction, together with anticipated financing and grants, is expected to fully fund Origin Materials until EBITDA positive, and allow Origin Materials to scale and commence commercial production to begin to meet signed customer offtake and capacity reservations of $1.9 billion across a diverse range of industries.

For more information, visit www.originmaterials.com.

About Palantir Technologies

Palantir Technologies is a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments. From building safer cars and planes, to discovering new drugs and combating terrorism, Palantir helps customers across the public, private, and nonprofit sectors transform the way they use their data. Additional information is available at https://www.palantir.com.

Important Information for Investors and Shareholders

In connection with the proposed business combination transaction, Artius filed an amended registration statement on Form S-4 (the “Registration Statement”) with the SEC on May 3, 2021, which includes a proxy statement distributed to holders of Artius’ ordinary shares in connection with Artius’ solicitation of proxies for the vote by Artius’ shareholders with respect to the proposed transaction and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of securities to be issued to Artius’ shareholders and Origin Materials’ stockholders in connection with the proposed transaction. The Registration Statement was declared effective on May 27, 2021, and the definitive proxy statement/prospectus and other proxy materials were mailed on or about June 1, 2021 to Artius’ shareholders of record as of May 19, 2021. Investors and security holders and other interested parties are urged to read the definitive proxy statement/prospectus, any amendments thereto and any other documents filed with the SEC carefully and in their entirety when they become available because they will contain important information about Artius, Origin Materials and the proposed transaction. The documents relating to the proposed transaction can be obtained free of charge from the SEC’s website at www.sec.gov. Free copies of these documents may also be obtained from Artius by directing a request to: Artius Management LLC, 3 Columbus Circle, Suite 2215, New York, New York 10019.

Cautionary Note on Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws, including with respect to the proposed transaction between Origin Materials and Artius. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Origin Materials’ business strategy, estimated total addressable market, commercial and operating plans, product development plans and projected financial information, and the benefits of the strategic alliance. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the management of Origin Materials and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Origin Materials and Artius. These forward-looking statements are subject to a number of risks and uncertainties, including that Origin Materials may be unable to successfully commercialize its products; the effects of competition on Origin Materials’ business; the uncertainty of the projected financial information with respect to Origin Materials; disruptions and other impacts to Origin Materials’ business as a result of the COVID-19 pandemic and other global health or economic crises; changes in customer demand; Origin Materials and Artius may be unable to successfully or timely consummate the proposed business combination, including the risk that any regulatory approvals may not obtained, may be delayed or may be subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the business combination, or that the approval of the shareholders of Artius or stockholders of Origin Materials may not be obtained; failure to realize the anticipated benefits of the business combination; the amount of redemption requests made by Artius’ shareholders, and those factors discussed in the Registration Statement under the heading “Risk Factors,” and other documents Artius has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Artius and Origin Materials presently do not know, or that Artius and Origin Materials currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Artius’ and Origin Materials’ expectations, plans, or forecasts of future events and views as of the date of this press release. Artius and Origin Materials anticipate that subsequent events and developments will cause its assessments to change. However, while Artius and Origin Materials may elect to update these forward-looking statements at some point in the future, Artius and Origin Materials specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Artius’ and Origin Materials’ assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

In addition to as noted above, this press release contains 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. These statements may relate to, but are not limited to, Palantir’s expectations regarding the strategic alliance and the contract, as well as the expected benefits of Palantir’s software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of Palantir’s management as of that time with respect to future events. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

Participants in the Solicitation

Artius, Origin Materials and their respective directors, executive officers and employees and other persons may be deemed to be participants in the solicitation of proxies from Artius’ shareholders in connection with the proposed business combination. Information about Artius’ directors and executive officers and their ownership of Artius’ securities is set forth in the Registration Statement described above. Additional information regarding the interests of those persons who may be deemed participants in the solicitation of proxies in connection with the proposed transaction is set forth in the definitive proxy statement/prospectus.

Non-Solicitation

This communication is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Artius, the combined company or Origin Materials, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

Origin Materials
Investors:
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Artius
Investors:
Jason Ozone
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Palantir
Lisa Gordon
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LONDON & RIO DE JANEIRO--(BUSINESS WIRE)--Lisarb Energy, one of Brazil’s fastest growing solar developers, has signed 20MW of lease contracts for new solar parks with Raízen, an integrated energy company and one of Brazil’s largest businesses.

Lisarb Energy will develop four new 5MW solar plants to produce the 20MW of power. Two will be located in Rio de Janeiro, one in Goiás and another in Distrito Federal. Lisarb expects to complete and commission the new solar parks by March 2022.

The investment in the project is $20 million and it is expected to create around 200 jobs. The new solar plants will generate 38,700 MWh of green electricity each year for the 15-year duration of the contracts.

“Raízen has established a leadership position in bioenergy across Brazil and we’re delighted to help the company add to its extensive energy portfolio with new solar,” said Jamie MacDonald-Murray, chairman, Lisarb Energy. “Raízen has a strong commitment to sustainability and our partnership with them will help to deliver a cleaner and more reliable Brazilian energy matrix.”

The Brazilian Solar Photovoltaic Energy Association, ABSOLAR, forecasts that solar will take the largest share (38%) of the Brazilian electricity matrix, producing 125GW by 2050. Brazil’s government recently exempted various types of solar equipment from a 12% import duty, recognising the strategic importance of the solar market.

Lisarb Energy has already secured land for 3GW of solar PV development in Brazil.

- Ends -

About Lisarb Energy

Lisarb Energy is one of Brazil’s fastest growing solar developers. In eighteen months, the company has expanded its portfolio by 50x – from 50MW to over 3GW. Lisarb develops, constructs and asset manages distributed energy solar projects that benefit from triple A corporate PPAs, as well as utility-scale solar parks for the free market and government auctions.

Lisarb Energy aims to balance profit with purpose by reinvesting a percentage of its profits into health and education initiatives that benefit the local communities nearest its solar schemes.

www.lisarb.energy

Karen Boud/Chris Dace
+44 1635 898698
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Two funding rounds accelerate global deployment of Heliogen’s breakthrough AI-assisted concentrated solar thermal technology

PASADENA, Calif.--(BUSINESS WIRE)--#BillGross--Heliogen, the renewable energy technology company unlocking the power of sunlight to replace fossil fuels, today announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the first time. The company recently closed $83 million in funding, an oversubscribed round that is in addition to $25 million raised in the previous round. Among the new investors in Heliogen are ArcelorMittal, the world’s leading steel and mining company (NYSE: MT), Edison International, breakthrough scientific startup-focused venture capital firm Prime Movers Lab, Canada-based privately held venture capital fund Ocgrow Ventures, A.T. Gekko, a private investment group specializing in ESG Venture Capital, private investment partnership of industry-leading families 8090 Partners, Gordon Crawford, and technology, consumer, and media-focused investor Rashaun Williams.

In November 2019, Heliogen announced that it had successfully demonstrated the first commercial solution for utilizing concentrated solar energy to exceed temperatures greater than 1,000 degrees Celsius. The advanced computer vision software unique to the Sunlight Refinery precisely aligns an array of mirrors to reflect sunlight to a single target with unprecedented accuracy, delivering high-temperature, carbon-free thermal energy. The baseline system will provide industrial-grade heat that will be capable of replacing fossil fuels in processes including the production of cement, steel, and petrochemicals. Heliogen’s technology will also enable power generation through the addition of a supercritical CO₂ turbine and green hydrogen fuel production in combination with an electrolyzer.

In March 2021, Heliogen and Rio Tinto (NYSE: RIO) announced a Memorandum of Understanding under the terms of which Heliogen will deploy its proprietary, artificial intelligence (AI)-powered technology at Rio Tinto’s borates mine in Boron, California. Heliogen will use heat from the sun to generate and store carbon-free energy to power the mine’s industrial processes, significantly reducing carbon emissions at the site.

Among Heliogen’s existing investors are leading global figures in the fight against the climate crisis, including Bill Gates, Patrick Soon-Shiong, the Los Angeles-based investor and entrepreneur through his investment firm, Nant Capital, Steve Case through Revolution’s The Rise of the Rest® Seed Fund, and Neotribe Ventures.

“This infusion of new support for Heliogen comes at a time when the paradigm shift toward clean energy is even further accelerated by the new realities the world is facing,” said Bill Gross, CEO and founder, Heliogen. “We’re being granted the resources to do more projects that address the most carbon-intensive human activities and work toward our goals of lowering the price and emissions of energy for everyone on the planet. We thank all of our investors for enabling us to pursue our mission and offer the world technology that will allow it to achieve a post-carbon economy.”

This significant investment accelerates Heliogen’s mission to mitigate the climate crisis through rapid deployment of its decarbonization technology, with funds to be applied towards the development of multiple Sunlight Refinery facilities, initially in the United States and later expanding to other regions with strong solar resources.

“Heliogen is providing steel producers with an exciting new technology which could make a valuable contribution to cutting carbon emissions,” said Pinakin Chaubal, Chief Technology Officer, ArcelorMittal. “Its technology holds the potential to complement our existing decarbonization initiatives and efforts to secure a more sustainable footprint for our company.”

“Heliogen is leading the increased focus to a carbon-free world for our future generations with exceptional innovation,” said Harish Consul, founder and CEO, Ocgrow Ventures. “The Heliogen team continues to scale their concentrated solar energy solution, which shall have significant positive impact globally, for decades to come.”

“Heliogen’s technology, which will deliver near 24/7 carbon-free energy in the form of heat, power, and green hydrogen fuel at scale, is transformative for industries that want to use renewable energy and to do so cost-effectively,” said Dakin Sloss, founder and general partner, Prime Movers Lab. “The Heliogen team has developed a breakthrough innovation that will change the energy landscape and pave the way for a zero-carbon economy. Prime Movers Lab is inspired by Heliogen’s work to empower a sustainable civilization for generations to come.”

About Heliogen

Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in all sectors of the economy and empowering a sustainable future. The company’s Sunlight Refinery™ aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, and green hydrogen fuel at scale for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996.

In November 2020, TIME included Heliogen’s HelioHeat™ technology on its Best Inventions of 2020 list. In April 2020, Fast Company selected Heliogen as a recipient of a 2020 World Changing Ideas Award for its technology. The company won the Energy category.

For more information about Heliogen, please visit Heliogen.com or @heliogeninc.

Isaac Steinmetz, Antenna Group for Heliogen
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Showcasing Vision and Progress Towards Safe, Ubiquitous Autonomy

--(BUSINESS WIRE)--Join Luminar Technologies, Inc. (Nasdaq: LAZR) CEO and Founder, Austin Russell and guests, for Luminar Studio Day. The live webcast from NYC will feature a first look at the vision for Iris, Luminar’s high-performance autonomous sensing solution as foundation for autonomy across passenger cars, trucking, and robo-taxis. The company is kicking off a coast-to-coast roadshow to demonstrate how Iris is the key safety-enabling technology that makes autonomy possible. Attendees will also have the opportunity to go for drives in a fully integrated Iris vehicle.

WHEN: June 15 at 10 am ET/ 7 am PT

REGISTER FOR THE WEBCAST: www.luminartech.com/studioday

ABOUT LUMINAR

Luminar is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering the only lidar and associated software that meets the industry’s stringent performance, safety, and economic requirements. Luminar has rapidly gained over 50 industry partners, including 8 of the top 10 global automakers. Last year, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, while also recently striking deals with Daimler Truck AG and Intel’s Mobileye. Luminar has also received minority investments from the world’s largest commercial vehicle manufacturer, Daimler Truck AG, and Volvo Cars, a global leader in automotive safety, to accelerate the introduction of autonomous trucks and cars at highway speed. Founded in 2012, Luminar is a nearly 400-person team with offices in Palo Alto, Orlando, Colorado Springs, Detroit, and Munich. For more information please visit www.luminartech.com.

Media Inquiries:
Milin Mehta
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Financing Grows EnfraGen’s Energy Transition Investment in Latin America

NEW YORK & SANTIAGO, Chile--(BUSINESS WIRE)--EnfraGen, LLC ("EnfraGen"), a developer, owner, and operator of specialized sustainable and renewable power and grid stability assets in Latin America owned by Glenfarne Group, LLC ("Glenfarne") and leading global private markets firm Partners Group, on behalf of its clients, announced today a USD 200 million non-recourse financing for EnfraGen’s greenfield solar photovoltaic (“PV”) portfolio in Chile, with an option of an additional USD 40 million upsizing via an accordion feature. The transaction was executed through EnfraGen’s renewables division, Fontus Renewables.

The proceeds from the financing will be used to fund the construction, acquisition, operations and maintenance of projects totaling approximately 237 MWdc / 175 MWac.

Ed Diffendal, Managing Director of Private Infrastructure Americas at Partners Group, commented, "EnfraGen continues to transform the Latin American power sector through its premier renewable power and grid stability platforms providing both power stability and reliable clean solar power to communities across Chile. Partners Group looks forward to further supporting EnfraGen's growth and leadership in the energy transition to a more sustainable future."

“The beneficial terms of this financing reflect the quality of the projects, support of our banking relationships and the market’s increasing confidence in EnfraGen as a leading developer and sponsor in the region,” said Bryan Murphy, President of EnfraGen and Managing Director at Glenfarne Group. “We continue to see significant growth potential in Chile in 2021 and beyond, as EnfraGen continues to support Chile’s energy transition and becomes a pre-eminent power business in Latin America.”

Brendan Wolters, Head of Solar for Fontus Renewables said, “Chile provides consistent and reliable regulation that allows for investment in renewable energy, and we are happy to grow our platform in Chile as it continues its energy transition to renewable power.”

Lenders financing the transaction include Banco de Crédito e Inversiones (“BCI”), BNP Paribas, DNB Bank ASA and Sumitomo Mitsui Banking Corporation (“SMBC”). White and Case and Claro y Cia acted as borrower’s counsel and Milbank and Garrigues represented the lenders.

BCI also provided VAT financing for Fontus Prime Solar SpA, with Dentons acting as lender’s counsel.

About EnfraGen, LLC

EnfraGen is a developer, owner, and operator of grid stability and value-added renewable energy infrastructure businesses across Latin American investment-grade countries. EnfraGen’s grid stability assets supply flexible capacity and energy to local and regional grids in support of renewable power plant intermittent energy production. EnfraGen’s renewable plants are smaller scale, distributed solar photovoltaic and hydroelectric assets that take advantage of unique access points to electrical infrastructure or are located in optimized geographical locations. The business’ mission is to support the transition to zero-carbon emission electric grids.

EnfraGen is jointly controlled by Glenfarne Group, LLC, and global private markets firm Partners Group, on behalf of its clients, and has operational and in-construction assets across its subsidiaries totaling over 1.7GW of installed capacity in operation. The company, including its affiliates and subsidiaries, is supported by a team of approximately 325 professionals. EnfraGen maintains offices and assets in Chile, Panama, Colombia, and the United States.

About Glenfarne Group, LLC

Glenfarne is a privately held energy and infrastructure development and management firm based in New York City and Houston, Texas with offices in Dallas, Texas, Panama City, Panama; Santiago, Chile, and Bogota, Colombia. Glenfarne's seasoned executives, asset managers, and operators develop, acquire, manage, and operate energy and infrastructure assets throughout North and South America and Asia. For more information, please visit www.glenfarnegroup.com.

About Partners Group

Partners Group is a leading global private markets firm. Since 1996, the firm has invested over USD 145 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group is a committed, responsible investor and aims to create broad stakeholder impact through its active ownership and development of growing businesses, attractive real estate and essential infrastructure. With over USD 109 billion in assets under management as of 31 December 2020, Partners Group serves a broad range of institutional investors, sovereign wealth funds, family offices and private individuals globally. The firm employs more than 1,500 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information, please visit www.partnersgroup.com or follow us on LinkedIn or Twitter.

Sofie Brewis
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+44 75900 66810

LAS VEGAS--(BUSINESS WIRE)--$AGH #AP--Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that Ault & Company, Inc., a Delaware corporation, has agreed to acquire 1,000,000 shares of the Company’s common stock at a price of $2.99 per share, or $0.05 higher than the closing price from Thursday, June 10, 2021. The transaction is subject to approval by the NYSE American.

Milton “Todd” Ault, III, the Company’s Executive Chairman, stated, “This purchase of common stock by Ault & Company demonstrates belief in the progress being achieved by the Company and its subsidiaries, the strength and value of the assets of Ault Global Holdings today, and the confidence in our ability to increase shareholder value.”

Ault & Company, Inc. is a private holding company controlled by Mr. Ault.

For more information on Ault Global Holdings and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company’s public filings with the SEC, available at www.sec.gov, and press releases available under the Investor Relations section at www.AultGlobal.com.

About Ault Global Holdings, Inc.

Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, the Company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma, and textiles. In addition, the Company extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Global Holdings’ headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com.

Forward-Looking Statements

This press release contains “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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.AultGlobal.com.

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NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced that Chief Financial Officer Michael L. Battles and SVP Investor Relations Jim Buckley will be participating in a fireside chat at the Ninth Annual Stifel/Waste 360 Investor Summit.

The Clean Harbors event will take place at 2:30 p.m. ET (11:30 a.m. PT), Monday, June 28, and will be webcast live. To access the live or archived webcast, visit the “Investor Relations” portion of Clean Harbors’ website at www.cleanharbors.com.

About Clean Harbors

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

Michael L. Battles
EVP and Chief Financial Officer
Clean Harbors, Inc.
781.792.5100
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Jim Buckley
SVP Investor Relations
Clean Harbors, Inc.
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Backed by Clearlake Capital, Unifrax to manufacture SiFAB technology at New Carlisle facility, adding up to 74 new jobs

NEW CARLISLE, Ind. & BUFFALO, N.Y.--(BUSINESS WIRE)--Unifrax, a Buffalo, New York headquartered global manufacturer of high-performance specialty materials, announced plans today to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility that could add up to 74 new jobs by the end of 2023.

SiFAB is a proprietary silicon anode battery technology which enables significantly greater energy density in lithium-ion battery systems than prevailing technologies. SiFAB is currently in advanced testing and has shown promising performance in multiple battery systems. The anode technology has successfully been tested with incremental Si loadings of greater than 40%. Along with greater energy density, SiFAB is expected to provide faster charges and longer battery life for applications including electric vehicles, portable electronics, power tools, energy grid storage and aerospace.

Unifrax is uniquely positioned to meet customer demand and develop SiFAB at scale, due to its existing manufacturing plant and infrastructure in New Carlisle. The Indiana plant will be the first to begin building SiFAB long-term manufacturing capacity. The new line is slated to create up to 20 new jobs by the end 2022, with additional growth anticipated by the end of 2023. Unifrax will have more information on open positions later this year on its website.

“SiFAB is the latest development using fiber-based technology to create step change value for customers. This transformational material represents another addition to our robust electric vehicle and battery solutions portfolio,” said John Dandolph, president and CEO, Unifrax. “Unifrax is a large, global manufacturing company introducing game changing advanced silicon anode materials that can be used in existing manufacturing processes. Our track record and proven ability to develop new and unique technologies will help transform the battery industry with SiFAB. The ability to leverage our existing facility and add new infrastructure to support SiFAB manufacturing in New Carlisle will significantly accelerate the timeline for supplying this critical material to our partners. We are appreciative of the ongoing partnership between the state of Indiana and St. Joseph County as we leverage the footprint of our existing facility to bring new jobs and opportunities to the region.”

“We designed SiFAB from its inception to be manufactured at large scale so that we could supply all market segments (EV’s, consumer electronics, power tools, and renewable storage), utilize our existing global manufacturing footprint, and deliver a product that has a high degree of quality and consistency,” said Chad Cannan, senior vice president of research and development, Unifrax.

The Indiana Economic Development Corporation offered Unifrax up to $1.1 million in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. St. Joseph County has also confirmed $775K in county tax incentives.

“Indiana is a leader in manufacturing, with the highest concentration of manufacturing jobs in the nation supported by 9,000 facilities across the state," said Jim Staton, interim secretary of commerce for the state of Indiana. “As new trends and technologies change the state of today’s manufacturing industry, Indiana is focused on partnering with forward-thinking companies like Unifrax to propel long-term growth in manufacturing and create quality career opportunities for Hoosiers.”

St. Joseph County Commissioner Andrew Kostielney also added, "The recent announcement by Unifrax is exciting news, not just for St. Joseph County, but for the entire region. Unifrax has long been an important manufacturing leader in the area, and this expansion indicates their commitment to our county for decades to come. Their new SiFAB line will not just create new jobs, it will also showcase the importance of green, sustainable technology."

After more than 75 years of experience in fiber-based technology and manufacturing, Unifrax is taking its first step into developing silicon fiber for the lithium-ion battery manufacturing market. With a decades-long track record of developing and supplying engineered inorganic materials at a large scale to advanced industries worldwide including electric vehicles, aerospace and chemical processing, Unifrax recently debuted two new fiber-based catalysis offerings for the automotive and industrial markets – Eco-lytic™ and FlexCat™.

To learn more about SiFAB, and to request a sample, Unifrax launched a new website introducing SiFAB with technical, manufacturing and application specific information. The new website can be found at sifab.com.

About Unifrax

Unifrax develops and manufactures high performance specialty materials used in advanced applications including high-temperature industrial insulation, electric vehicles, energy storage, filtration, and fire protection, among many others. Unifrax products are designed with the ultimate goal of saving energy, reducing pollution, and improving safety for people, buildings and equipment by delivering on our commitment to our customers of greener, cleaner, safer solutions for their application challenges. Unifrax has 37 manufacturing facilities operating in 12 countries and employs 2,700+ employees globally. More information is available at www.unifrax.com. For updates, follow us on Twitter, LinkedIn, and Facebook.

About Clearlake

Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.^® The firm’s core target sectors are industrials, technology and consumer. Clearlake currently has approximately $39 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. The firm has offices in Santa Monica and Dallas. More information is available at www.clearlake.com and on Twitter @ClearlakeCap.

About IEDC

The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.

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AUSTIN, Texas--(BUSINESS WIRE)--Today, Stealth Power announced that the Fire Department of New York (FDNY) has ordered an additional 184 ambulances with the company’s Vehicle Power System, bringing the total number to 500 by the end of 2021.

FDNY responds to almost 2 million emergencies every year and serves more than 8.5 million people within a 302-square-mile radius. For rapid response times, ambulances are on standby. Before integrating Stealth Power’s Vehicle System, ambulances could idle for up to 12 hours each day.

“As the largest and busiest emergency response fleet in the country, we’re thrilled to support FDNY in their transition to a low carbon fleet,” said Devin Scott, Chief Executive Officer of Stealth Power. “Stealth Power keeps critical equipment on with engines off, reducing fuel use up to 30% every month and helping large fleets transition towards a fully electric future."

The leader in idle mitigation and clean energy for fleets with complex power needs, installations include Stealth Power’s System Intelligence platform, powered by Microsoft Azure. Stealth Power’s solution incorporates sensors that collect data and sends it to Azure for safe and secure storage. Microsoft Power BI dashboards allow clients to easily manage the operational efficiency of individual vehicles or a whole fleet.

“We share Stealth Power’s commitment to a clean, efficient future informed by data,” said Kirk Lonbom, Director, Public Safety and Justice Strategy, US State and Local Government at Microsoft. “Stealth Power’s Fleet Intelligence platform powered by Microsoft Azure demonstrates the real-world value of their idle mitigation technology and we’re pleased to see continued adoption of their solutions.”

Since 2016, Stealth Power has helped FDNY save millions in fuel and maintenance costs while reducing CO2 emissions by over 100,000,000 lbs., meeting the state’s reduced emissions mandates and improving New York City’s air quality.

About Stealth Power

Stealth Power designs and builds idle mitigation and scalable hybrid energy systems that power complex fleet operations into the future. Manufactured in the USA, Stealth Vehicle and Mobile Power Systems are trusted by FDNY, U.S. Customs and Border Protection, and the FAA to power everything from life-saving medical equipment to remote towers equipped with intelligence sensors. Stealth Power keeps mission critical equipment on with engines or generators turned off.

Rachel Charlesworth
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(512) 306-0088

Romeo Power Unveils a New Logo and Website as part of Extensive Branding Initiative

LOS ANGELES--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the unveiling of the company’s refreshed visual identity and mission. In support of this effort, Romeo Power launched an updated corporate website, www.romeopower.com. The rebrand reflects the company’s deep commitment to a sustainable future, driven by customer success, continued investment in innovation and expanding access to green energy solutions.

“Our mission is to power the world’s transition to electrification,” said Lionel Selwood, Jr., CEO of Romeo Power. “This is part of our bold vision to create a world where energy poverty no longer exists. By sharing our story and what motivates us to spark generational change, we hope to inspire and connect with people around the world. This initiative is not only a visual enhancement – we’ve taken this opportunity to evolve our methodology internally and externally. We continually strive to improve on every level, for every customer, every employee and every shareholder.”

The new Romeo Power logo is the celebration of a current as it flows towards the possibility of a better future for all. It is also inspired by the center of a tree’s wood core, called Heartwood. Heartwood is the fundamental supporting pillar of the tree, and it never decays or loses strength. In many ways, it’s as strong as steel and this feat of nature aligns perfectly with Romeo Power’s internal values. Not only does the Romeo Power logo visually represent the natural pattern of Heartwood, itself akin to the design of a battery cell, but it represents Romeo Power’s positioning as the core of electrification.

The company’s new typeface, an iconic design inspired by transportation, combined with the earthy tones of the new color palette, reflect the company’s dedication to moving forward, while respecting its roots.

“It was time to enhance Romeo Power’s look and feel in a significant way,” said Taylor Cantwell, Director of Marketing and Communications, who led the branding evolution. “We’re delivering so much more than a product to our customers, and we wanted to ensure that our brand embodied the visionary push behind Romeo Power’s offerings today, along with our aspirations for the future.”

“Design trends change. Romeo Power’s new brand identity is not only timeless, but it brings warmth to the battery technology space and reflects the spirit of our organization,” added Cantwell. “Our uncompromising approach puts our customers and employees first – where we strive to help them achieve new levels of success every day.”

About Romeo Power

Founded in 2016 and headquartered in Los Angeles, California, Romeo Power (NYSE: RMO) is an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications. The company’s suite of advanced hardware, combined with its innovative battery management system, delivers the safety, performance, reliability and configurability its customers need to succeed. Romeo Power's 113,000 square-foot manufacturing facility brings its flexible design and development process inhouse to pack the most energy dense modules on the market. To keep up with everything Romeo Power, please follow the company on social @romeopowerinc or visit romeopower.com.

Romeo Power

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ICR, Inc.
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PLANO, Texas--(BUSINESS WIRE)--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a fireside chat at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 23, 2021, at 11:10 a.m. Central Time (12:10 p.m. Eastern Time). Mr. Kendall and other members of management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website the morning of Tuesday, June 22, 2021, and a link to the live webcast of the fireside chat will be available in the Investor Relations section of the Company’s website at www.denbury.com.

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

DENBURY CONTACTS:
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Drilling program planned later this year to test targets east of the NICO Deposit

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LONDON, Ontario--(BUSINESS WIRE)--#EVs--Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has closed a private placement offering of units, consisting of one common share of the Company and one-half of one warrant. A total of 3,871,426 units were issued at a price of C$0.14 per unit providing the Company with gross proceeds of C$541,999.64. Each whole warrant entitles the holder to purchase one common share at a price of $0.20 for a period of 18 months from closing.

Fortune is also pleased to report that it has been awarded a grant of $144,000 from the Government of the Northwest Territories through the Mining Incentive Program. These funds will be used to support the drill program planned at the NICO Cobalt-Gold-Bismuth-Copper Project (“NICO Project”) site later this year, testing five high priority targets east of the NICO Deposit.

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The NICO Project is an advanced Canadian Critical Minerals project and one of the few near-term development stage cobalt assets in the world outside of the Democratic Republic of the Congo. NICO is comprised of planned open pit and underground mine and mill, located approximately 160 km northwest of Yellowknife, Northwest Territories, and a related hydrometallurgical refinery in southern Canada to treat concentrates from the mine and produce cobalt sulphate, gold doré, bismuth ingot and oxide, and copper precipitate. The NICO Project has been assessed in a positive Feasibility Study in 2014 and the facilities in the Northwest Territories have received environmental assessment approval and secured the major mine permits. The NICO Deposit contains Proven and Probable Open Pit and Underground Mineral Reserves totaling 33 million tonnes containing 1.1 million ounces of gold, 82.3 million pounds of cobalt, 102.1 million pounds of bismuth, and 27.2 million pounds of copper. The NICO Deposit stands out among other Critical Mineral and cobalt development projects globally with more than one million ounce in-situ gold as a highly liquid and countercyclical co-product.

This press release shall not constitute an offer to sell or solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

For more detailed information about the NICO Mineral Reserves and certain technical information in this news release, please refer to the Technical Report on the NICO Project, entitled "Technical Report on the Feasibility Study for the NICO-Gold-Cobalt-Bismuth-Copper Project, Northwest Territories, Canada", dated April 2, 2014 and prepared by Micon International Limited which has been filed on SEDAR and is available under the Company's profile at www.sedar.com. The disclosure of scientific and technical information contained in this news release has been approved by Robin Goad, M.Sc., P.Geo., President and Chief Executive Officer of Fortune who is a "Qualified Person" under National Instrument 43-101.

About Fortune Minerals:

Fortune is a Canadian mining company focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories. The Company has an option to purchase lands in Saskatchewan where it may build the hydrometallurgical plant to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life of the NICO Project mill.

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This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities legislation. This forward-looking information includes statements with respect to, among other things, the potential for expansion of the NICO Deposit, the Company’s plans to conduct a drill program during 2021, the Company’s plans to develop the NICO Project and the potential for the Sue-Dianne property to provide incremental mill feed to the NICO Project. Forward-looking information is based on the opinions and estimates of management as well as certain assumptions at the date the information is given (including, in respect of the forward-looking information contained in this press release, assumptions regarding: the Company’s ability to conduct and complete the planned drill program; the Company’s ability to secure a site in southern Canada for the construction of a NICO Project refinery; the Company’s ability to arrange the necessary financing to continue operations and develop the NICO Project; the receipt of all necessary regulatory approvals for the construction and operation of the NICO Project and the related hydrometallurgical refinery and the timing thereof; growth in the demand for cobalt; the time required to construct the NICO Project; and the economic environment in which the Company will operate in the future, including the price of gold, cobalt and other by-product metals, anticipated costs and the volumes of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks that further exploration of the areas identified in this press release may not result in a meaningful expansion of the NICO Deposit, the Company will require additional financing to complete the planned drill program and such financing may not be available, the COVID-19 pandemic may interfere with the Company’s ability to conduct the drill program, the NICO Project may not receive the benefit of any financing under the published initiatives of the United States and European Union with respect to critical minerals or any other benefits therefrom, the Company may not be able to secure a site for the construction of a refinery, the Company may not be able to finance and develop NICO on favourable terms or at all, uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the NICO Project, including the related hydrometallurgical refinery, the construction of the NICO Project may take longer than anticipated, the Company may not be able to secure offtake agreements for the metals to be produced at the NICO Project, the Sue-Dianne Property may not be developed to the point where it can provide mill feed to the NICO Project, the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general, the market for products that use cobalt or bismuth may not grow to the extent anticipated, the future supply of cobalt and bismuth may not be as limited as anticipated, the risk of decreases in the market prices of cobalt, bismuth and other metals to be produced by the NICO Project, discrepancies between actual and estimated Mineral Resources or between actual and estimated metallurgical recoveries, uncertainties associated with estimating Mineral Resources and Reserves and the risk that even if such Mineral Resources prove accurate the risk that such Mineral Resources may not be converted into Mineral Reserves once economic conditions are applied, the Company’s production of cobalt, bismuth and other metals may be less than anticipated and other operational and development risks, market risks and regulatory risks. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update or revise it to reflect new events or circumstances, except as required by law.

Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
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Tel: (519) 858-8188
www.fortuneminerals.com

AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution. This is effective after the US market opens on June 28.

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

“As Hyliion matures and the market’s confidence in our company grows, we are pleased to see our inclusion into a large and well-respected benchmark like the Russell 2000 and 3000 indexes. We look forward to interacting more with active institutional investors that manage to the various Russell index benchmarks,” said Hyliion’s CEO and Founder, Thomas Healy.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

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.

About FTSE Russell

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit www.ftserussell.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.
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Louis Baltimore
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New Appointments Reflect EVgo’s Growth and New Public Company Profile

LOS ANGELES--(BUSINESS WIRE)--EVgo, the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced four additions to its leadership team: Francine Sullivan as Chief Legal Officer and General Counsel, Christopher O’Toole as Vice President of Strategy, Analytics and Network Planning, Ted Brooks as Vice President of Investor Relations, and Karren Fink as Senior Vice President of Human Resources.

“The leadership, talent and public markets expertise brought by these seasoned executives reinforce EVgo’s position at the helm of the EV charging sector,” said Cathy Zoi, CEO of EVgo. “I am thrilled to welcome Francine, Chris, Ted, and Karren onboard as we accelerate the shift to an all-electric future for transportation and deploy fast and convenient charging for drivers across the country.”

Francine Sullivan has spent the past 16 years in the clean energy sector, building an extensive international legal career focusing on major transactions, finance and mergers and acquisitions (M&A). Prior to joining EVgo, she held a variety of executive positions at REC, a publicly listed integrated solar and advanced materials company, including Chief Legal Officer and Vice President, Business Development. There, she helped build REC’s EV battery business by developing strategic partnerships with battery technology companies. Previously, she was part of the energy group at Milbank’s Los Angeles office. Sullivan has also held positions with leading corporate London-based law firm Freshfields Bruckhaus Deringer, in its Asian and European offices, as well as Australian firm King & Wood Mallesons in its Melbourne and Sydney offices. An Australian native, she received her Bachelor of Laws (Honors) and a Bachelor of Commerce (Economics & Finance) from the University of Melbourne and is admitted to the Bar in both California and New York.

With significant career experience deploying 21^st century infrastructure, Christopher O’Toole will join EVgo from Comcast, where he was responsible for strategic network deployment for Comcast Business. In his role, O’Toole leveraged advanced analytics and geographic information system (GIS) tools to identify attractive investments and achieve greater scale and construction efficiencies for Comcast. Previously, O’Toole spent nearly a decade in business, finance and corporate leadership roles at Level 3 Communications (now Lumen), where he negotiated major acquisitions and commercial deals, helping the company build and grow its enterprise business. He received a B.A. from Yale University and earned his M.B.A. from the Kellogg School of Management at Northwestern University. Chris starts at EVgo in early July.

Bringing over 25 years of experience in finance and investment, Ted Brooks joins EVgo from CenterSquare Investment Management, where he was the sole portfolio manager and head of the global listed infrastructure group. In his role, Ted managed strategies for investing in equities of global companies across the utilities, transportation, telecommunications and energy sectors. Previously, he served as a Director in the equity research groups at Barclays Capital and Lehman Brothers, where he was responsible for covering US utilities. Ted also held prior positions at Credit Suisse First Boston in Investment Banking and Donaldson, Lufkin and Jenrette. He received his B.A. from the College of the Holy Cross and earned his M.B.A. in Finance from New York University’s Stern School of Business.

Ted is a CFA charterholder and member of the CFA Institute. Ted starts at EVgo later this month.

Karren Fink brings over 20 years of experience as a human resources leader for public and private companies, most recently serving as Managing Director, Global Head of Human Resources at Colony Capital, a leading global real estate investment firm which invests in private and public digital infrastructure and real estate equity and debt. At Colony Capital, she was responsible for managing human resources activities and supporting the global base of more than 350 employees. Previously, she was Chief Human Resources Officer at Edmunds.com, a provider of online automotive advice, news and reviews, where her responsibilities included employee development, staffing, and benefits for the company’s 600+ employees. Fink has also held various human resources leadership roles at Westfield, LLC, Citigroup and General Mills over the course of her career. She received her B.S. in Industrial and Labor Relations from Cornell University and earned her M.B.A. with a major in Human Resource Management from The Ohio State University College of Business.

About EVgo

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 charging network serves over 65 metropolitan areas across 34 states, owns and operates the most public fast charging locations in the U.S. and serves more than 250,000 customers. 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. EVgo’s parent company is LS Power, a New York-headquartered development, investment and operating company focused on leading edge solutions for the North American power and energy infrastructure sector. On January 22, 2021, EVgo announced that it entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation (“CRIS”) (NYSE: CLII). For more information visit evgo.com and lspower.com.

About LS Power

LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, LS Power has developed, constructed, managed or acquired more than 45,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects, and has developed more than 660 miles of high voltage electric transmission. Additionally, LS Power actively invests in businesses focused on renewable energy and renewable fuels, as well as distributed energy resource platforms, such as CPower Energy Management, Endurant Energy and EVgo. Across its efforts, LS Power has raised in excess of $47 billion in debt and equity capital to support North American infrastructure. For more information, please visit www.lspower.com.

EVgo

For Investors:
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LS Power

Steven Arabia
Director, Government Affairs & Media Relations
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609-212-3857

Analyzing past events and anticipating the impact of weather tomorrow

VIENNA, Va. & RESTON, Va.--(BUSINESS WIRE)--Spire Global, Inc. (“Spire” or the “Company”), a leading global provider of space-based data and analytics, announced today the expansion of its Maritime Weather solutions portfolio. By providing more accurate and reliable insights, Spire is continuing to support its customers as a trusted source for open ocean weather data.

The Spire Weather team has added 10 years of historical weather data from across the entire planet. Historical data is vital for understanding weather patterns, planning future voyages, retroactive investigations, and daily marine activities worldwide. Reliable weather forecasts allow businesses to improve planning and reduce risk. Spire’s historical data, like its forecast data, is gridded with 12km resolution - which allows customers to get weather data in uniform resolution. This historical weather data is actionable and accurate to create AI driven models with a 1:1 match of forecast data sets. Users can not only explain past performance, but also assess future performance for every location around the globe.

“Open ocean forecasts used to be laden with errors, but now thanks to radio occultation technology, forecasts are far more accurate,” said Simon van den Dries, General Manager, Spire Maritime.

Spire’s Maritime Weather team is also launching six new industry-focused solutions combining historical and forecast variables customized for business needs and providing data specific to the customer segment use case. These new data solutions are centered around shipping and logistics, ports and terminals, finance and insurance, oil and gas, government and security, and the environment.

“Spire takes a customer-first approach and after analyzing the challenges the maritime industry tackled in 2020, we knew the time was right to create industry-specific data solutions using real-time and historical weather,” said van den Dries. “The operational usage-based set of attributes highlights exactly what each customer needs and creates a smart collection of data that is tailor-made for the challenges each industry faces. It helps eliminate scattered weather attributes and supports what customers need from a maritime perspective.”

As of January 2021, Spire Global has over 100 satellites in orbit that are collecting millions of messages per day. Spire will continue to provide more data and insights to provide more accurate and actionable weather forecasts for the maritime industry.

About Spire Global, Inc.

Spire is a global provider of space-based data and analytics that offers unique datasets and powerful insights about Earth from the ultimate vantage point so organizations can make decisions with confidence, accuracy, and speed. Spire uses one of the world’s largest multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Spire then provides this data as a subscription to organizations around the world so they can improve business operations, decrease their environmental footprint, deploy resources for growth and competitive advantage, and mitigate risk. Spire gives commercial and government organizations the competitive advantage they seek to innovate and solve some of the world’s toughest problems with insights from space. Spire has offices in San Francisco, CA, Boulder, CO, Washington DC, Glasgow, Luxembourg, and Singapore. On March 1, 2021 Spire announced plans to go public through an anticipated business combination with NavSight Holdings, Inc. (NYSE: NSH), to be traded on the NYSE under the ticker symbol “SPIR.” To learn more, visit spire.com.

About NavSight Holdings, Inc.

NavSight Holdings, Inc. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. NavSight was organized with the opportunity to pursue a business combination target in any business or industry, with the intent to focus its search on identifying a prospective target business that provides expertise and technology to U.S. government customers in support of their national security, intelligence and defense missions.

Additional Information and Where to Find It

In connection with the planned business combination with Spire (the “Proposed Transaction”), NavSight has filed a Form S-4 Registration Statement (the “Registration Statement”) with the SEC, which includes a preliminary proxy statement to be distributed to holders of NavSight’s common stock in connection with NavSight’s solicitation of proxies for the vote by NavSight’s stockholders with respect to the Proposed Transaction and other matters as described in the Registration Statement, a prospectus relating to the offer of the securities to be issued to the Company’s stockholders in connection with the Proposed Transaction, and an information statement to Company’s stockholders regarding the Proposed Transaction. After the Registration Statement is declared effective, NavSight will mail a definitive proxy statement/prospectus, when available, to its stockholders. Investors and security holders and other interested parties are urged to read the proxy statement/prospectus, any amendments thereto and any other documents filed with the SEC carefully and in their entirety when they become available because they will contain important information about NavSight, the Company and the Proposed Transaction. Investors and security holders may obtain free copies of the preliminary proxy statement/prospectus and definitive proxy statement/prospectus (when available) and other documents filed with the SEC by NavSight through the website maintained by the SEC at http://www.sec.gov, or by directing a request to: NavSight Holdings, Inc., 12020 Sunrise Valley Drive, Suite 100, Reston, VA 20191.

Participants in Solicitation

NavSight and the Company and their respective directors and certain of their respective executive officers and other members of management and employees may be considered participants in the solicitation of proxies with respect to the Proposed Transaction. Information about the directors and executive officers of NavSight is set forth in its Form 10-K/A and Form 10-Q filed on May 12, 2021 and May 24, 2021, respectively. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is included in the Registration Statement and other relevant materials filed with the SEC regarding the Proposed Transaction. Stockholders, potential investors and other interested persons should read the Registration Statement carefully before making any voting or investment decisions. These documents can be obtained free of charge from the sources indicated above.

No Offer or Solicitation

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of the federal securities laws with respect to the Proposed Transaction. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding expectations of corporate communications strategy and investor relations engagement across Spire and the applicability of such strategies and engagement to Spire’s market, expectations of accelerating Spire’s sales and marketing efforts, expectations of product development and the applicability of such products to Spire’s market, the strengthening of Spire’s competitive advantage, the importance of Spire’s products and capabilities to its target markets, the expansion of Spire’s business to new regions and markets, Spire’s future growth, estimates and forecasts of financial and performance metrics, expectations of achieving and maintaining profitability, projections of total addressable markets, market opportunity and market share, net proceeds from the Proposed Transactions, potential benefits of the Proposed Transaction and the potential success of the Company’s market and growth strategies, and expectations related to the terms and timing of the Proposed Transaction. These statements are based on various assumptions and on the current expectations of NavSight’s and the Company’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of NavSight and the Company. These forward-looking statements are subject to a number of risks and uncertainties, including (i) the risk that the Proposed Transaction may not be completed in a timely manner or at all, which may adversely affect the price of NavSight's securities; (ii) the risk that the Proposed Transaction may not be completed by NavSight's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by NavSight; (iii) the failure to satisfy the conditions to the consummation of the Proposed Transaction, including the approval of the Proposed Transaction by the stockholders of NavSight, the satisfaction of the minimum trust account amount following any redemptions by NavSight's public stockholders and the receipt of certain governmental and regulatory approvals; (iv) the inability to complete the PIPE investment in connection with the Proposed Transaction; (v) the failure to realize the anticipated benefits of the Proposed Transaction; (vi) the effect of the announcement or pendency of the Proposed Transaction on Spire’s business relationships, performance, and business generally; (vii) risks that the Proposed Transaction disrupts current plans of Spire and potential difficulties in Spire employee retention as a result of the Proposed Transaction; (viii) the outcome of any legal proceedings that may be instituted against NavSight or Spire related to the business combination agreement or the Proposed Transaction; (ix) the ability to maintain the listing of NavSight’s securities on the New York Stock Exchange; (x) the ability to address the market opportunity for Space-as-a-Service; (xi) the risk that the Proposed Transaction may not generate expected net proceeds to the combined company; (xii) the ability to implement business plans, forecasts, and other expectations after the completion of the Proposed Transaction, and identify and realize additional opportunities; (xiii) the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement; (xiv) the risk of downturns, new entrants and a changing regulatory landscape in the highly competitive space data analytics industry; and those factors discussed in NavSight’s Form S-4 filed on May 14, 2021 under the heading “Risk Factors,” and other documents of NavSight filed, or to be filed, with the SEC. If any of these risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither NavSight nor the Company presently know or that NavSight and the Company currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect NavSight’s and the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. NavSight and the Company anticipate that subsequent events and developments will cause NavSight’s and the Company’s assessments to change. However, while NavSight and the Company may elect to update these forward-looking statements at some point in the future, NavSight and the Company specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing NavSight’s and the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

For Spire Global, Inc.:
Investor Contact:
Michael Bowen and Ryan Gardella
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Media Contact:
Phil Denning
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For NavSight Holdings, Inc.:
Investor Contact:
Jack Pearlstein
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Ameresco to implement comprehensive infrastructure upgrades to Cannon Air Force Base while reducing energy costs and improving utility systems operating efficiencies

FRAMINGHAM, Mass. & CURRY COUNTY, N.M.--(BUSINESS WIRE)--#cleanenergy--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its partnership with Cannon Air Force Base (AFB) and the Defense Logistics Agency Energy (DLA Energy) for a $19 million Energy Savings Performance Contract (ESPC) project featuring 1.9 megawatts (MW) of solar generation capacity, smart controls, and other conservation technologies. Utilizing the Department of Energy’s (DOE) ESPC vehicle, the project will enhance Cannon AFB’s mission capabilities and address its energy and sustainability goals.

The project designed by Ameresco will provide tangible facility improvements and enable recurring reductions in utility costs, while converting 4% of Cannon’s electric energy usage to onsite renewable resources. Planned improvements for the Air Force base include upgrades to existing transformers, direct digital controls (DDC), and heating, ventilation, and air conditioning (HVAC) equipment, as well as a 1.9MW ground mount solar photovoltaic (PV) array and LED lighting retrofits to enhance Air Commando Mission night training.

As a result of these upgrades, Cannon Air Force Base will save approximately $1.1 million in the first year alone and $33 million over the course of the performance period.

“We are so honored to work with Cannon Air Force Base on this project to enhance the base’s operational efficiency and provide on-site energy generation,” said Nicole Bulgarino, executive vice president and general manager of Federal Solutions at Ameresco. “Throughout our planning process, we focused on Cannon’s key project objectives to reduce energy consumption and enhance the base’s resiliency while advancing the specialized airpower and combat support mission of this essential Air Force installation.”

Construction on the project is set to begin in Q3 2021 and reach completion by Q1 2023.

About Cannon Air Force Base
Cannon Air Force Base, home of the 27th Special Operations Wing, lies in the high plains of eastern New Mexico, near the Texas Panhandle. The base is eight miles west of Clovis, New Mexico, and is 4,295 feet above sea level. The base itself sits on 3,789 acres of land.

The Melrose Air Force Range training area, located approximately 25 miles west of the base, is approximately 70,000 acres. Operations on Melrose Range also cover an area of 2,500 square miles of airspace. Melrose is used for training such as air to ground, small arms, and electronic combat. For more information visit www.cannon.af.mil/about/.

About Defense Logistics Agency Energy
DLA Energy’s mission is to provide the Department of Defense and other whole of government partners with comprehensive energy solutions in the most effective and efficient manner possible and be the customers’ first choice for energy solutions. DLA Energy is DoD’s center of excellence for alternative fuels and renewable energy serving as the Executive Agent for DoD’s bulk petroleum supply chain. https://www.dla.mil/Energy/.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

The announcement of a customer’s entry into a project contract is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total project backlog. This project was included in our previously reported awarded backlog as of March 31, 2021.

Media Contact:
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.

Integration and open collaboration will help Equinor unlock Bacalhau’s full potential

HOUSTON--(BUSINESS WIRE)--Schlumberger announced today an award to Subsea Integration Alliance of a large contract by Equinor on its Bacalhau project offshore Brazil. The contract scope covers the engineering, procurement, construction and installation (EPCI) of the subsea production systems (SPS) and subsea pipelines (SURF).

The development will include 19 trees as well as associated subsea equipment including subsea wellheads, subsea controls and connection systems, and a full completion workover riser. The SURF scope comprises rigid risers, flowlines, and umbilicals.

The Subsea Integration Alliance team established during the initial front-end engineering design phase, awarded in January 2020, will now transition into the full EPCI phase. Project management and detailed engineering will take place in Rio de Janeiro. Offshore activities will commence in 2022 using Subsea 7’s reel-lay, flex-lay and light construction vessels.

“This award reflects our commitment to enhance the performance of Equinor’s Bacalhau field through an open collaboration approach, with the integration and application of innovative subsea technology solutions building on Schlumberger’s high pressure and deepwater expertise,” said Donnie Ross, president, Production Systems, Schlumberger. “At the same time, this will have a positive impact on the regional economy through in-country value creation.”

“We have worked closely with Equinor since the FEED award back in 2020,” said Stuart Fitzgerald, CEO, Subsea Integration Alliance LLC. “Now in the EPCI phase, we will support Equinor in maximizing the Bacalhau field’s potential through Subsea Integration Alliance’s leading portfolio of technologies and services, and a ‘one team’ approach to project delivery.”

The Bacalhau Field is located 185 km from the coast of the municipality of Ilhabela, in the state of São Paulo, at a water depth of 2,050 m. Bacalhau is Brazil's first integrated SPS and SURF project. The award is a significant endorsement of Subsea Integration Alliance’s strong position within the integrated market and our long-established local presence in Brazil.

About Schlumberger

Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all.

Find out more at www.slb.com.

About Subsea Integration Alliance

Subsea Integration Alliance is a non-incorporated strategic global alliance between Subsea 7 and OneSubsea^®, the subsea technologies, production, and processing systems division of Schlumberger, bringing together field development planning, project delivery and total lifecycle solutions under an extensive technology and services portfolio. As one team, Subsea Integration Alliance amplifies subsea performance by helping customers to select, design, deliver and operate the smartest subsea projects. This eliminates costly revisions, avoids delays and reduces risk across the life of field. For more information, visit www.subseaintegrationalliance.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, certain technologies. These statements are subject to risks and uncertainties, including, but not limited to, the inability to recognize intended benefits from the strategies, initiatives or partnerships of Schlumberger and Subsea Integration Alliance; and other risks and uncertainties detailed in Schlumberger’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in these forward-looking statements. Statements in this press release are made as of the date of this release, and Schlumberger disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events, or otherwise.

Media
Giles Powell – Director of Corporate Communication, Schlumberger Limited
Tel: +1 (713) 375-3494
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Investors
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Tel: +1 (713) 375-3535
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Earth Wind & Power (EWP) announced today a solid ESG solution for powering datacenters by utilizing excess energy from wind, solar and gas to cater for the increased computing power demand - without any negative impact on existing grids.

OSLO, Norway--(BUSINESS WIRE)--With this new practice EWP creates a long-awaited sustainable bridge between the excess power in the energy industry and the power deficiency in the High Performance Computing (HPC) datacenter industry while maintaining strong ESG-standards. Earth Wind & Power`s modular HPC datacenters utilize the most energy-efficient technologies worldwide.

The company positions scalable modular datacenter units at local power production facilities around the world. The excess energy on the site is then utilized for HPC when no other offtake is commercially viable, or when demand and energy prices are low.

The EWP-solution can be deployed in extremely hot climates without compromising the service levels and can provide financial incentives to initiate new renewable projects which otherwise wouldn’t be financially viable.

The CEO, Former Norwegian Minister of National Public Security and Deputy Minister of Petroleum and Energy, Ingvil Smines Tybring-Gjedde, states that: “I am proud to lead a company with strong ESG standards that is taking use of the excess energy available to power the exponentially growing demand for data processing.”

EWP is currently collaborating with several energy companies to enhance their ESG-footprint by finding solutions for their excess energy.

EWP is founded by pioneers from wind and solar industries and international E&P of which several are listed at the Oslo Stock Exchange.

For further information contact:
Ingvil Smines Tybring-Gjedde, CEO
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website; www.earth-wind-and-power.com

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International (NASDAQ: DGII) (www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced the expansion of its market-leading ConnectCore^® family of products with the introduction of the Digi ConnectCore^® 8M Mini System on Module (SOM).

Digi ConnectCore 8M Mini is a highly integrated and cost-effective SOM platform based on the NXP^® i.MX 8M Mini applications processor. Featuring the optimal balance of performance, power and cost, it’s designed for mission-critical industrial, medical, transportation and agriculture applications. Digi ConnectCore simplifies embedded product development thanks to integrated memory, power management, pre-certified wireless, advanced security and the complete, open-source Digi Embedded Yocto Linux software platform based on Yocto Project™ or Android-based Digi Embedded Android, setting the product apart and enabling manufacturers to get to market faster with lower risk and cost and to focus on their core competency.

“Digi is excited to be expanding the Digi ConnectCore^® family of products," said Steve Ericson, General Manager, OEM Solutions at Digi International. "We remain dedicated to delivering advanced solutions that simplify product development for manufacturers seeking secure, connected products that also help reduce the cost of R&D. The Digi ConnectCore 8M Mini SOM extends that commitment and delivers increased capability while lowering the total cost of ownership.”

With versatile, power-efficient ARM^® Cortex^®-A53 and Cortex-M4 processing cores, rich multimedia (2D/3D GPU, VPU, MIPI-DSI/CSI, SAI, PDM) and advanced connectivity (802.11 ac, Bluetooth 5, Gigabit Ethernet), the Digi ConnectCore 8M Mini is ideal for Internet of Things (IoT), human-machine interface (HMI), equipment monitoring, audio/voice, edge computing and machine learning applications.

Security and longevity are at the heart of the Digi ConnectCore 8M Mini’s design. Digi TrustFence^® delivers a tested and fully integrated device security framework designed for the long product life cycle of embedded devices. Additionally, the i.MX 8M Mini processor is industrial qualified and backed by NXP’s Product Longevity Program, ensuring long-term availability of 10-plus years.

The Digi ConnectCore 8M Mini’s feature set makes it the only SOM among its competitors to offer Bluetooth 5 compatibility and cellular enablement, as well as Digi’s proprietary TrustFence security framework. At 40 x 45 x 3.5 mm, its physical hardware size is also among the smallest in the industry. Access a full list of additional Digi 8M Mini features here.

Availability

Initial Digi ConnectCore 8M Mini development kits and software will be available through global distribution partners June 15, 2021.

About Digi International

Digi International (NASDAQ: DGII) is a leading global provider of IoT connectivity products, services and solutions. We help our customers create next-generation connected products and deploy and manage critical communications infrastructures in demanding environments with high levels of security and reliability. Founded in 1985, we’ve helped our customers connect over 100 million things and growing. For more information, visit Digi's website at www.digi.com.

Peter Ramsay
Global Results Communications
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