MONTREAL--(BUSINESS WIRE)--Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the “Company” or “Ecolomondo”), a cleantech company specializing in the commercialization of its Thermal Decomposition Process (“TDP”) proprietary recycling technology and the building and operating of turnkey TDP facilities globally, is pleased to announce the long-awaited launch of its new website on January 23 at www.ecolomondo.com.

The new, service-focused website is user-friendly, secured for user privacy protection, and makes accessibility a priority. The website will allow the investors and stakeholders to have real-time information and data on the Company and the Company’s stock, while having the latest corporate news, all providing a better experience to the reader. It provides a more interactive experience, allowing visitors to browse for information of interest freely. It allows one to meet the team, and learn about Ecolomondo’s TDP technology, corporate vision, mission and strategy.

“This website brings to the forefront our corporate vision and outlines our long-term strategic goals,” said Chairman and CEO, Eliot Sorella. “It includes our ESG information and details our corporate policies, values and responsibilities.”

Podcast on January 19, 2023

Mr. Eliot Sorella, Chairman of the Board and CEO, in a recent podcast discusses what Ecolomondo achieved in 2022 and what is in the pipeline for 2023. He shares about the Company's rich history and commitment to a cleaner and more sustainable planet. He explains the advantages of Ecolomondo’s TDP proprietary recycling technology, how it will contribute to a circular economy. He further outlines why investors should take notice of TDP technology and the Company. He also discusses recent corporate developments including progress of the Hawkesbury TDP facility. The interview is hosted by Emmy-Winner Ashleigh Barry and is reshared across social channels and platforms. View the podcast on youtube at https://youtu.be/ROP5PfQSdsE.

Corporate Video January 2023

In January 2023 the Company also issued a new video outlining its corporate vision and strategy. It presents the Company’s TDP technology, present facilities and current projects, while focusing on the Company’s strategic objectives. View the video on youtube at https://www.youtube.com/watch?v=M8Nwv2u4dFA.

About Ecolomondo Corporation

Ecolomondo Corporation is a Canadian cleantech company headquartered in Québec, Canada with an over 25-year history focused on waste-to-resource technology development and deployment. Ecolomondo has developed the proprietary TDP which recovers high value circular commodities from end-of-life tires including rCB, oil and steel. TDP lowers carbon emissions by up to 90% versus virgin carbon black production. Ecolomondo has adopted a triple bottom line approach to business focused on people, planet, and profit. Ecolomondo trades on the TSX Venture Exchange under the symbol (TSXV:ECM). To learn more, visit www.ecolomondo.com

About TDP

The TDP system is technically proven and is superior to other pyrolysis technologies. Over the years, our Technological teams were able to overcome all uncertainties that plagued most competitors especially in there areas: pre-filtration, reactor cooling, reactor rotation, reactor evacuation, water recycling, cleaning of rCB, (hydrocarbon removal), mass monitoring, heat curve development, humidity and water removal, safety testing, full system automation, emissions control and monitoring, rCB and pyrolysis oil post processing, efficient syngas reuse.

TDP is Environmentally Friendly – CO2 Reduction

By producing rCB, TDP reduces GHG emissions by 90% versus the production if virgin carbon black. The production of rCB at the Hawkesbury and Shamrock facilities will reduce CO2 emissions by 22,400 and 67,200 tons per year, respectively.

Please follow @EcolomondoECM on Twitter, Facebook, LinkedIn, Instagram and YouTube.
Twitter: https://twitter.com/EcolomondoECM
Facebook: https://www.facebook.com/EcolomondoECM
LinkedIn: https://www.linkedin.com/company/ecolomondo/
Instagram: https://www.instagram.com/ecolomondoecm/
YouTube: https://www.youtube.com/@Ecolomondo

Cautionary Note Regarding Forward Looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although Ecolomondo believes that the expectations reflected in forward looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Except as required by law, Ecolomondo disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

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

Ecolomondo Corporation

Eliot Sorella
Chairman and Chief Executive Officer, Ecolomondo
Tel: (450) 587-5999
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www.ecolomondo.com

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its fourth quarter 2022 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, February 21, 2023. The earnings release will be issued before the New York Stock Exchange opens that morning.

The conference call will be webcast live at www.valaris.com. Alternatively, callers may dial +1-855-239-3215 within the United States or +1-412-542-4130 from outside the U.S. It is recommended that participants call 10 minutes prior to the scheduled start time.

A webcast replay and transcript of the call will be available on the Company’s website. A replay will also be available through March 21, 2023, by dialing +1-877-344-7529 within the United States or +1-412-317-0088 from outside the U.S. (conference ID 5286848).

Valaris uses its website to disclose material and non-material information to investors, customers, employees and others interested in the Company. To receive regular updates on Valaris news or SEC filings, please sign-up for Email Alerts on the Company’s website.

About Valaris Limited

Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Valaris Limited is a Bermuda exempted company (Bermuda No. 56245). To learn more, visit our website at www.valaris.com.

Investor & Media Contacts:
Darin Gibbins
Vice President - Investor Relations and Treasurer
+1-713-979-4623

Tim Richardson
Director - Investor Relations
+1-713-979-4619

Decarbonization of Industry and Fossil Fuels

BERLIN--(BUSINESS WIRE)--#EUGreenDeal--Graforce, Germany’s leading provider of zero carbon hydrogen plants, and Kawasaki Gas Turbine Europe GmbH (Kawasaki), a European gas turbine and heat-power cogeneration business, are cooperating for zero-emission heat and power generation. The joint innovative plant concept combines Graforce's methane electrolysis technology (plasmalysis) with hydrogen turbines from Kawasaki. First customer projects for this zero carbon heat and power solution are in the works.

“Our joint zero-emission plant is a breakthrough for the decarbonization of both, fossil fuels and manufacturing industries”, explains Dr. Jens Hanke, CTO of Graforce. “This technology generates CO₂-free high-temperature heat via hydrogen, the carbon black is used as a raw material in production, and – best of all, the process is self-sufficient and does not need further electricity after having been started. This in turn relieves the strain on power grids.”

Decarbonization of industrial processes
The new plant solution generates hydrogen from biomethane, natural gas, LNG or LPG by methane electrolysis technology. The hydrocarbons will remain the initial source, but instead of being burnt, a high frequency plasma splits the hydrocarbons into CO₂-free hydrogen and carbon black.

The hydrogen is converted to electricity in Kawasaki's hydrogen gas turbine and reused for hydrogen production in the plasma electrolyzer. The ultra-high temperature CO₂-free exhaust gas from the hydrogen gas turbine can be used in production processes in various industries. Companies that previously generated high-temperature heat with natural gas can significantly increase their overall efficiency while reducing their gas and especially electricity costs.

Carbon black is used as a synthetic raw material for industrial production. This way, CO₂ can be sequestered long-term in steel, cement or for soil enhancement. For industries which require both high temperatures and large quantities of carbon black for production this process pays off twice – in terms of climate protection and cost-effectiveness.

Beyond industry, this hydrogen-based heat-power cogeneration plant can be used for CO₂-free heating in surrounding urban areas.

Both technologies were awarded with the Innovation Award of the German Gas Industry, in 2020 and 2022.

About
Kawasaki Gas Turbine Europe GmbH
The German company, 100% subsidiary of Kawasaki Heavy Industries, LTD. (Japan), providing natural gas and hydrogen gas turbine generator set to improve the energy efficiency for various industries and to contribute the global environmental conservation. http://www.kawasaki-gasturbine.de/en

Graforce GmbH
Graforce is German hydrogen technology company developing and manufacturing Power-to-X plants to decarbonize fossil energies, industrial sectors and the heat, transport and building sectors. The company is currently in a process to expand its strategic partnerships with financial as well as strategic investors to quickly scale its hydrogen technology worldwide. www.graforce.com/EN

Graforce GmbH
Dr. Jens Hanke
Johann-Hittorf-Str. 8
12489 Berlin
Germany
Phone: +49 30 - 63 2222-110
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Kawasaki Gas Turbine Europe GmbH
Dr. Nurettin Tekin
Nehringstr. 15
61352 Bad Homburg
Germany
Phone: +49-6172-7363-0
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Texas refinery meets standards to process pyrolysis oil from hard-to-recycle waste plastics into sustainable feedstocks

HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today announced it has received International Sustainability and Carbon Certification (ISCC) PLUS certification for its Sweeny Refinery in Texas to process oil made from waste plastics into feedstocks for new plastics.

“Phillips 66 is committed to keeping plastics out of the environment and driving toward a more circular economy where plastics packaging is reused, recycled or recovered,” said Zhanna Golodryga, Executive Vice President of Emerging Energy and Sustainability at Phillips 66. “The ISCC PLUS certification highlights the company’s resolve to create sustainable streams for waste materials and to support the growth of advanced recycling in plastics.”

ISCC is a globally applicable and industry recognized sustainability certification system that covers all sustainable feedstocks, including circular feedstocks produced from plastic waste. Its ISCC PLUS certificate covers bio-based and recycled, or circular, raw materials.

The certification for the Sweeny Refinery is the latest example of how Phillips 66 is working to play a key role in building a lower-carbon future by capitalizing on its core competencies and integrated assets.

The ISCC PLUS certification verifies the refinery meets the standards to process pyrolysis oil made from hard-to-recycle waste plastics into circular ethane, circular propane, circular propylene and other sustainable feedstocks and petrochemical building blocks. The products will be used to support polymer producers — including Chevron Phillips Chemical Company LLC, Phillips 66’s 50-50 joint venture — that are advancing a circular economy for plastics.

Chevron Phillips Chemical already produces Marlex^® Anew™ Circular Polyethylene at its Cedar Bayou complex in Baytown, Texas, and is targeting an annual production volume of 1 billion pounds of the circular polymer by 2030.

Sweeny Refinery, which is located in Old Ocean, Texas, on the Gulf Coast, is the second Phillips 66 refinery to achieve an ISCC PLUS certification and the first for the processing of waste plastic pyrolysis oil into circular feedstocks. Its Humber Refinery in the U.K. is ISCC PLUS certified to process used cooking oil, food waste and other circular feedstocks.

About Phillips 66

Phillips 66 (NYSE: PSX) manufactures, transports and markets products that drive the global economy. The diversified energy company’s portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn or Twitter.

^{PHILLIPS 66 CAUTIONARY STATEMENT FOR THE PURPOSE OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995}

^{This news 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, which are intended to be covered by the safe harbors created thereby. Forward-looking statements may be identified by the use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “targets,” “estimates” or other words of similar meaning. Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized, and involve risks and uncertainties, many of which are beyond Phillips 66’s control. A discussion of factors that may affect future results is included in Phillips 66’s filings with the Securities and Exchange Commission. Phillips 66 disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law.}

Jeff Dietert (investors)
832-765-2297
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Owen Simpson (investors)
832-765-2297
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Thaddeus Herrick (media)
855-841-2368
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Multi-Family Energy Savings and Energy Efficiency Service Provider Incubator programs recognized by Midwest Energy Efficiency Alliance

CHICAGO--(BUSINESS WIRE)--The Midwest Energy Efficiency Alliance (MEEA) has recognized ComEd with a pair of Inspiring Efficiency Awards. The recognition is for the electric company’s efforts to help property owners and tenants save money on electric bills, as well as an education and training that helps diverse contractors build successful businesses in the energy efficiency field.

MEEA named ComEd an Innovation Award recipient for its Multi-Family Energy Savings offering, which ensures residents in multi-family buildings have access to offerings that lower their energy use and electric bills, while presenting similar options for building owners to help common areas become more energy efficient. MEEA also recognized ComEd with an Education Award for its Energy Efficiency Service Provider Incubator program, which has helped increase the number of local and diverse-owned businesses who can provide energy-efficiency services to ComEd customers . Both programs are associated with the ComEd Energy Efficiency Program, one of the largest energy-efficiency programs in the country.

“ComEd is committed to ensuring all of our customers have access to energy-efficiency measures that can save them money and energy. And we’re equally supportive of local businesses that are interested in providing those measures,” said Erica Borggren, ComEd’s vice president of customer solutions. “It’s this level of equity and accessibility to the ComEd Energy Efficiency Program that has enabled northern Illinois families and businesses to save more than $7.6 billion on their energy bills since 2008.”

Both acknowledgements are part of MEEA’s 19th annual Inspiring Efficiency Awards, which recognize individuals and businesses that have shown exemplary leadership in advancing energy efficiency across the Midwest. Winners will be recognized during MEEA’s Midwest Energy Solutions Conference, Jan. 31 through Feb. 2, 2023.

“This year’s Inspiring Efficiency Award winners have proven to be champions of energy efficiency within their communities,” said MEEA Executive Director Stacey Paradis. “The Midwest Energy Efficiency Alliance is proud to recognize ComEd for educating and empowering diverse partners to engage underserved communities and grow the clean energy workforce.”

Innovation Award: About the Multi-Family Energy Savings (MFES) offering

This comprehensive ComEd offering, funded by ComEd, Peoples Gas, North Shore Gas and Nicor Gas and implemented by Franklin Energy, provides energy-saving services to multi-family residences – including public housing, income eligible and market rate building types – located across the northern Illinois areas that ComEd serves.

MFES provides customers direct installation of products, assessments, rebate offerings, contractor management, and customer education about energy efficiency and additional utility offerings. With a single point of entry, MFES offers a seamless customer experience for a full range of energy efficiency upgrades, retrofit services and consumer energy efficiency education.

Additionally, MFES works with property owners and managers to provide them with a single point of contact so they will not need to navigate between different energy efficiency offerings and procedures on their own. This prioritizes comprehensive projects and ensures high customer satisfaction.

Education Award: About the Energy Efficiency Service Provider (EESP) Incubator program

ComEd’s EESP Incubator program increases the number of local and diverse-owned companies providing energy efficiency services to strengthen their businesses and better serve low-participation communities. The incubator provides training on each offering in ComEd’s energy-efficiency portfolio, back-office support to help participants with certification, information on how to finance projects and advice on business development. To increase the number of EESP contractors serving diverse communities, ComEd focused recruitment on local business owners who identify as ethnic minorities, women, LGBTQ+, persons living with a disability, veterans and others.

The EESP Incubator has generated sustainable revenues for contractors historically excluded from the clean energy sector. Since 2019, 66 northern Illinois contractor businesses have participated in ComEd's EESP Incubator. Of those participants, 51 have joined the EESP Incubator Alumni Network, where they receive long-term support with project submissions and establishing EESP network partnerships. To date, participating businesses have submitted more than 140 energy efficiency projects to ComEd. Many of those projects are located in under-resourced communities, which supports ComEd's vision for a clean energy future that benefits all communities.

Over time, the EESP Incubator will grow a network of service providers that reflect the diversity of ComEd’s service territory and serve traditionally low-participation communities.

For more information about MEEA and the Inspiring Efficiency Awards winners, visit meeaconference.org/inspiring-efficiency-awards.

About ComEd

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube.

About Midwest Energy Efficiency Alliance

At MEEA, we leverage our expertise to be the Midwest’s leading resource for our members, allies, policymakers and the broader sector to promote energy efficiency as the essential pathway to achieve a clean, affordable, equitable and sustainable future. Visit www.mwalliance.org for more information.

ComEd Media Relations
312-394-3500

Jen Rhodes
312-784-7263
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DENVER--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that its Board of Directors (the “Board”) has increased its existing share repurchase authorization announced on July 25, 2022, to $500 million, a $250 million increase from the originally authorized amount.

Since the repurchase program commencement, Liberty has repurchased and retired 8,185,890 shares of Class A common stock, representing 4.4% of outstanding shares, for approximately $125 million. With this program expansion, the Company has approximately $375 million available for share repurchases through July 31, 2024.

The Board has also declared a dividend of $0.05 per share of Class A common stock, to be paid on March 20, 2023, to holders of record as of March 6, 2023.

“Today’s announcement reinforces our conviction in our ability to execute on our strategic priorities while delivering a leading return of capital strategy that is designed to result in substantial long-term value creation,” commented Chris Wright, Chief Executive Officer. “We are acutely focused on maximizing total return for Liberty shareholders with a balanced approach of investing in high return opportunities while returning capital to shareholders. Our upsized authorization reflects our belief that the expected future cash generation profile of our business is significant.”

The shares may be repurchased from time to time in open market transactions, through block trades, in privately negotiated transactions, through derivative transactions or by other means in accordance with federal securities laws. The timing, as well as the number and value of shares repurchased under the program, will be determined by the Company at its discretion and will depend on a variety of factors, including management’s assessment of the intrinsic value of the Company’s common stock, the market price of the Company’s common stock, general market and economic conditions, available liquidity, compliance with the Company’s debt and other agreements, applicable legal requirements, and other considerations. The exact number of shares to be repurchased by the Company is not guaranteed, and the program may be suspended, modified, or discontinued at any time without prior notice. The Company expects to fund the repurchases by using cash on hand, borrowings under its revolving credit facility and expected free cash flow to be generated through the authorization period.

Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board’s continuing determination that the declarations of dividends are in the best interests of Liberty and its stockholders. Future dividends may be adjusted at the Board’s discretion based on market conditions and capital availability.

As a reminder, Liberty will release its financial results for the fourth quarter and full year ending December 31, 2022 after the market closes on Wednesday, January 25, 2023. Following the release, the Company will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Thursday, January 26, 2023.

Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers, (412) 902-6704. Participants should ask to join the Liberty Energy call. A live webcast will be available at http://investors.libertyfrac.com. The webcast can be accessed for 90 days following the call. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. The passcode for the replay is 3034644. The replay will be available until February 2, 2023.

About Liberty

Liberty is a leading North American energy services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it..

Forward-Looking and Cautionary Statements

The information above 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 historical facts included herein are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “outlook,” “project,” “plan,” “position,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “likely,” “should,” “could,” and similar terms and phrases. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in Liberty's filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.

Michael Stock
Chief Financial Officer

Anjali Voria, CFA
Strategic Finance & Investor Relations Lead

303-515-2851
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Untrained workers installing photovoltaics (PV) can lead to issues, so it’s imperative to train your employees about solar PV connector safety.

ARLINGTON, Va.--(BUSINESS WIRE)--The Electrical Safety Foundation International (ESFI) and The National Electrical Manufacturers Association’s (NEMA) Solar PV Council are partnering to raise awareness of solar PV connector safety. Improper installation and connector issues can cause fires and injure workers, so proper installation is imperative. In some cases, connectors with high operating temperatures may be the only warning sign of PV failure. Follow these tips on recommended installation practices and warning signs of failure:

Recommended Installation Practices

• Manufacturer provided or recommended tools must be used.
• Only use connector parts from the same manufacturer. Interoperability issues may occur when using connectors from different manufacturers.
• 2020 NEC UL6703 requires that two parts of connector pairs must be tested together and certified for inter-matability.
• Ensure open connectors and cables are protected from exposure prior to installation. Any connectors that are damaged, soiled or exposed to water before installation should be discarded.

Why Failures Happen

• Soiled and dirty, mismatched, or counterfeit connectors
• Improper installation
• Lack of training
• Faulty materials
• Improper installation tools

Warning Signs of Failure

• Loose or disconnected connectors
• High temperatures and melted, discolored, or cracked casing
• High resistance due to soiling, corrosion, foreign particles, or improper surface contact on metal contacts
• Increased alarms on monitoring systems
• Moisture or water ingress - broken seal and/or separated connectors
• Material degradation and exposure to elements

Diagnosing and Preventing Connector Failures

• Proper training and education are the best prevention measures.
• The manufacturer’s assembly instructions should be followed.
• Use thermal imaging to find abnormal temperature readings.
• Thermal imaging on the ground can identify issues. Drone imaging may miss connector issues that are underneath modules.
• Visually inspect connectors to locate any physical or heat-related damage.
• Issues with connectors can cause power loss or fires and create ground faults that could be lethal.
• Issues impact performance, cause downtime, and have a monetary impact.

If you would like access to free electrical safety materials you can share throughout your workplace, including a Solar PV Connector Safety infographic, visit esfi.org and NEMA Solar PV Council.

ABOUT ESFI

ESFI is a 501(c)(3) non-profit organization dedicated to promoting electrical safety at home and the workplace. For more information, visit esfi.org.

Brianne Deerwester
ESFI
703.841.3295
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DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced that it intends to further adjourn its 2022 annual meeting of stockholders (as further adjourned, the “2022 Annual Meeting”). The 2022 Annual Meeting, which had originally been adjourned to February 14, 2023, will be further adjourned to May 18, 2023 at 10:30 am Central Time at the Company’s offices located at 1700 Pacific Avenue, Suite 2900, Dallas, Texas.

The Delaware Court of Chancery has set a one-day trial currently scheduled to be held on April 17, 2023 to hear arguments regarding the Company’s disagreement with Horizon Kinetics LLC, Horizon Kinetics Asset Management LLC, SoftVest Advisors LLC, and SoftVest, L.P. over their voting commitments pursuant to a stockholders’ agreement with the Company. The adjournment of the 2022 Annual Meeting is intended to provide the Delaware Court of Chancery sufficient time to issue a ruling and stockholders the opportunity to evaluate such ruling prior to the Company reconvening the 2022 Annual Meeting.

The 2022 Annual Meeting will reconvene on February 14, 2023 only to immediately further adjourn without conducting any other business; accordingly, the Company recommends stockholders not attend on February 14, 2023. A revised notice for the 2022 Annual Meeting will be sent to stockholders in due course. The record date for the 2022 Annual Meeting remains the close of business on September 22, 2022.

If you have any questions about this announcement, please contact Investor Relations at 1700 Pacific Avenue, Suite 2900, Dallas, Texas, 75201 or This email address is being protected from spambots. You need JavaScript enabled to view it..

About Texas Pacific Land Corporation

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership provide revenue opportunities throughout the life cycle of a well. These revenue opportunities include fixed fee payments for use of our land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and/or treated produced water, revenue from our oil and gas royalty interests, and revenues related to saltwater disposal on our land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities.

Visit TPL at http://www.TexasPacific.com.

Investor Relations
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DULUTH, Minn.--(BUSINESS WIRE)--The Minnesota Public Utilities Commission (MPUC) on Monday approved a rate increase of approximately $59 million, or approximately 9%, that Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), is allowed to recover through the base rates that it charges to residential and business electric customers. The commission also authorized a return on equity of 9.65% for the company. The decision is subject to a final written order and reconsideration.

Under the MPUC decision, rates will increase by approximately 9% for all customer classes. The average residential customer’s monthly bill will increase by approximately 2% above the interim rate they currently pay. The 9% increase will also apply to business and industrial customers, whose interim rate was 14%. The applicable difference between final and interim rates will be refunded to business and industrial customers. Final rates are expected to go into effect this summer.

As a regulated utility, Minnesota Power must receive approval from the MPUC whenever changes in revenue or expenses require adjusting its rates. In the past 25 years, Minnesota Power has completed only three full rate reviews, and its residential customers’ monthly bills are below the national average while they receive the highest percentage of renewable energy in the state. The company’s last rate review filed in 2019 was withdrawn in response to the COVID-19 pandemic and its impacts on customers and the region’s economy.

The company has taken a number of steps to mitigate rate impacts for customers, including requesting a lower interim rate for residential customers and adding new programs and bolstering existing ones that provide bill discounts for low-income customers. Due to those efforts, even if the company’s full request had been approved, the monthly bills for those customers would not have increased.

The company filed its rate request in November 2021, seeking to increase its annual operating revenue by $108 million or approximately 18%.

“I’m proud of our Minnesota Power team and all our company has done to lead our state’s clean-energy transformation while providing safe and reliable power and keeping residential customers’ monthly bills below the national average. Yesterday’s decision, however, does not give us the resources and tools we need to do all of this,” said Bethany Owen, ALLETE chair, president and CEO. “As utilities are asked to do more and even faster, we expect rate review requests to become more frequent going forward. We plan to file another rate request later this year that will reflect the revenue requirements that Minnesota Power needs in order to advance its state-leading EnergyForward strategy.”

The company has managed to keep 2022 operations and maintenance expenses lower than its 2010 operations and maintenance expenses, while inflation alone has increased costs nearly 2% annually over the same period. Minnesota Power’s residential electric rates have not kept pace with general inflation over the past 10 years, and have decreased by 0.2% annually on an inflation-adjusted basis.

Minnesota Power also is providing customers greater control over their daily energy decisions and monthly bills through new tools that empower customers to reduce how much energy they use; programs to choose their sources of energy; and rate options to customize what they pay for heating, cooling and vehicle charging.

Routine rate reviews are just one part of Minnesota’s regulatory framework. In November 2022, the MPUC approved Minnesota Power’s Integrated Resource Plan, the roadmap for the company’s EnergyForward vision to provide 100% carbon-free energy by 2050 while maintaining safe, reliable and affordable electric service to its customers.

Minnesota Power provides electric service within a 26,000-square-mile area in northeastern Minnesota, supporting comfort, security and quality of life for 145,000 customers, 14 municipalities and some of the largest industrial customers in the United States. More information can be found at www.mnpower.com.

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

Amy Rutledge
Director - Corporate Communications
Minnesota Power/ALLETE
218-723-7400
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Three quarters of business leaders do not believe their peers’ ESG reporting, according to a new study, showing that a lack of industry trust and verifiable data is driving scepticism

LONDON--(BUSINESS WIRE)--Most business leaders (76%) in major industries doubt their peers’ Environmental, Social and Governance (ESG) reporting, according to a new study by Inmarsat, the world leader in global, mobile satellite communications.

The findings come from a new global, independent research report Accelerating sustainable action through IoT commissioned by the company. It explores the views of over 1,000 senior technology and ESG decision-makers across agriculture, mining, transport, utilities and oil & gas firms. The survey asked professionals about their perceptions on ESG and whether they believed data provided by ‘Internet of Things’ (IoT) solutions could help improve reporting transparency.

Respondents also report concerns about their peers’ ESG priorities, with 80% saying their competitors are more focused on perception rather than achieving tangible sustainability outcomes.

However, despite scepticism about the motivations of their peers, most business leaders have faith in their own initiatives: with 81% convinced their company is more sustainable than their competitors.

LACK OF DATA DRIVING LACK OF TRUST

The results suggest that a lack of verifiable hard data – and the willingness to share it – is undermining trust and slowing progress on business sustainability.

Positively, however, many believe data collected via IoT solutions is critical to building trust (81%) and improving ESG outcomes overall (82%).

Four in five respondents plan to increase their use of IoT solutions over the next 12 months to measure and understand the impact of their sustainability initiatives more accurately. A similar proportion reported they are already seeing return on investment from IoT tools used to improve sustainability (78%).

While the majority (83%) agree they could be doing more to effectively leverage IoT solutions to produce ESG data, engrained resistance to data sharing creates an additional barrier to progress.

Only 47% said they would be comfortable sharing all their ESG data with third parties to improve industry reporting and benchmarking over the next 1-3 years, reinforcing that improving trust will be key to achieving better outcomes.

SATELLITE CONNECTIVITY KEY FOR IOT

With big data at the heart of IoT effectiveness, nine in ten (91%) agree that satellite connectivity is the key to harnessing the full potential of IoT solutions focused on improving sustainability.

Currently, just over a third of respondents (36%) rely on satellite networks for IoT connectivity. However, satellite is set to become the most popular method of connectivity over the next decade, with half expecting to use it within this timeframe.

IoT-enabled data is not the only way satellite technology can help improve environmental outcomes. Inmarsat’s recent ‘Can Space Help Save the Planet?’ report revealed that the world could reach Net Zero by 2040 – ten years ahead of schedule – by accelerating the adoption of space and satellite technologies.

Networks such as Inmarsat ELERA are central to this, providing ultra-reliable global connectivity which allows data sharing in industries like agriculture, electrical utilities, mining, oil and gas, and transport.

Jat Brainch, Chief Commercial and Product Officer, Inmarsat said: “You cannot manage what you cannot measure, so it is heartening to see so many organisations looking to IoT to assess and improve ESG reporting.

“To demonstrate progress, however, businesses must overcome their reluctance to share useful data and have the confidence to publish meaningful insights. Otherwise, they risk undermining genuine collaboration on sustainability and overshadowing the real progress being made. There is no quick fix, but creating methodical benchmarks based on actionable data, and sharing the results, will play a critical role in re-establishing trustworthy ESG reporting.

“IoT is nothing without connectivity. Yet terrestrial coverage often cannot reach the remote locations where our most valuable data points frequently originate. By using satellites to close that connectivity gap, organisations can access data to make the right decisions right away. We need to make the most of that opportunity if we are to achieve Net Zero quickly.”

David Hill, Executive Director, IoT Community, said: “Connected IoT solutions are the key to sourcing, analysing and sharing aggregate ESG data in a compliant and secure way. The same way we use wearable devices to measure our personal health, businesses should rely on IoT solutions more to monitor progress, reduce costs, improve safety and maximise sustainability. Robust data will back up their ESG claims and can be used for reporting across all areas of their operations, particularly in remote locations with challenging conditions.

“To achieve true success, we must shift our mindset with regards to data sharing and connectivity. Once businesses become comfortable sharing their ESG insights to improve broader industry reporting and benchmarking and prioritise satellite connectivity as a key enabler, will we start to see real progress on sustainability.”

ENDS

Notes to Editors

The report ‘Accelerating sustainable action through IoT’ focuses on challenges, opportunities and priorities businesses juggle as they work to improve their sustainability credentials and the role satellite-enabled IoT solutions will play in driving this change.

This report is based on independent research conducted by Censuswide on behalf of Inmarsat, surveying 1,000+ senior technology and ESG professionals with sustainability decision-making power across a range of businesses sizes (sole trader, 1-9, 10-49, 50-99, 100-249, 250-500 and 500+ employees). Survey respondents spanned agriculture, mining, oil & gas, utilities and transport sectors across Europe, North America, South America, Africa and Asia. As such, the results represent a broad range of businesses at various stages of their sustainability and industrial IoT adoption journeys. Data was collected in August/September 2022.

ABOUT INMARSAT

Inmarsat delivers world leading, innovative, advanced and exceptionally reliable global, mobile communications across the world – in the air, at sea and on land - that are enabling a new generation of commercial, government and mission-critical services.

In November 2021, Inmarsat and Viasat announced the planned combination of the two companies, to create a new leader in global communications.

Dana Dzubas
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Includes Recurring Revenue of $30.2M and Subscription Revenue Growth of 28.8%

Quarter Positive Adjusted EBITDA of $8.1M and GAAP EPS of $0.13 Per Share

Raises Fiscal 2023 Annual Revenue Guidance to $195M to $198M; Reiterates Greater Than 15% Adjusted EBITDA

ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today reported operating results for its fiscal 2023 third quarter and period ended December 31, 2022.

Summary of Fiscal 2023 Third Quarter Financial Results

• Total net revenue increased 26.5% to a record $49.9 million, compared to total net revenue of $39.5 million in the comparable prior-year period.
• Recurring revenue (comprised of subscription and maintenance charges) was a record $30.2 million, or 60.4% of total net revenue compared to $25.1 million, or 63.7% of total net revenue for the same period in fiscal 2022. Subscription revenue increased 28.8% year over year and was 49.8% of total recurring revenue compared to 46.4% of total recurring revenue in the third quarter of fiscal 2022.
• Gross margin was 61.7% in the fiscal 2023 third quarter compared to 62.6% in the comparable prior-year period.
• Net income attributable to common shareholders in the fiscal 2023 third quarter was $3.4 million, or $0.13 per diluted share compared to $1.1 million, or $0.04 per diluted share in the comparable prior-year period.
• Adjusted EBITDA (non-GAAP) was $8.1 million compared to $6.6 million in the comparable prior-year period (reconciliation included in financial tables).
• Adjusted diluted EPS (non-GAAP) was $0.26 per share in the fiscal 2023 third quarter compared to $0.19 per share in the comparable prior-year period (reconciliation included in financial tables).
• Free cash flow (non-GAAP) in the fiscal 2023 third quarter was $11.7 million compared to free cash flow of $9.9 million in the fiscal 2022 third quarter (reconciliation included in financial tables). Ending cash balance was $105.8 million, compared to ending cash balance of $97.0 million as of fiscal 2022 year-end.

Ramesh Srinivasan, President and CEO of Agilysys, commented, “We are pleased to announce another record revenue quarter. The positive momentum in our selling success, which started around August of calendar year 2022, has continued at a healthy pace. Our extraordinary investments in product innovation to create state-of-the-art cloud-native hospitality industry focused end-to-end software solutions over the past five plus years, combined with the current increasing focus on sales and marketing, continue to yield good results. In our opinion, this industry has been underserved for decades with respect to software innovations which are essential to better serve increasingly technology savvy guests and internal staff. We expect the current escalating demand for such solutions in the hospitality industry to overcome any macro-economic challenges during the short and medium term.

Subscription revenue grew 28.8% while one-time revenue, consisting of product and services revenue, was 38% higher than the comparable quarter last fiscal year. Adjusted EBITDA improved to 16.1% of revenue.

Even excluding the recent Marriott PMS selection announcement from both sales and backlog, this October to December Q3 fiscal 2023 was our best selling success quarter since the current management team took charge about six years ago. The continued selling success has driven the combined product, services and recurring revenue backlog back to record levels. We are well positioned to beat the full-year revenue guidance provided at the start of our fiscal 2023 year. We now expect fiscal 2023 full-year revenue to be in the range of $195 to $198 million and adjusted EBITDA levels to be slightly higher than 15% of revenue, in line with prior guidance.”

Fiscal 2023 Outlook

The Company announced it is raising full-year fiscal 2023 revenue guidance to be $195 to $198 million, inclusive of close to 30% subscription revenue growth year over year and is reiterating its Adjusted EBITDA guidance of greater than 15% of revenue.

Dave Wood, Chief Financial Officer, commented, “We are making excellent progress across all aspects of our business. Our recent investments in sales and marketing along with the value propositions of our cloud native solutions are putting us in a strong position to win a good portion of sales opportunities. We continue to grow subscription revenue at a consistent pace. Our focus remains on managing a profitable business while executing well on our strategies for organic, consistent revenue growth over the medium and long term.”

2023 Third Quarter Conference Call and Webcast

Agilysys is hosting a conference call and webcast today, January 24, 2023, at 4:30 p.m. ET. Both the call and the webcast are open to the public. Interested parties can register for the call at https://register.vevent.com/register/BI92e7fb3f342349caafb48725c1a83416. After registration, an email confirmation with a personalized PIN will be provided along with further access details. Please plan to register fifteen minutes prior to the presentation to receive confirmation and further instruction in a timely manner.

Interested parties can also access the conference call live on the Events and Presentations page of Agilysys.com. Approximately two hours after the call has concluded, an archived version of the webcast will be available for replay at the same location.

Forward-Looking Language

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Examples of forward-looking statements include, among others, our revenue, subscription revenue and Adjusted EBITDA guidance for the 2023 fiscal year and statements we make regarding the hospitality industry's need for and investment in technology and our ability to continue profitable growth.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the effect of the COVID-19 pandemic on our business and the success of any measures we have taken or may take in the future in response thereto; the impact other macroeconomic factors may have on the overall business environment and the risks described in the Company’s filings with the Securities and Exchange Commission, including the Company’s reports on Form 10-K and Form 10-Q. Additionally, references to "record" financial and business levels in this document refer only to the time period after Agilysys made the transformation to an entirely hospitality focused software solutions company in FY2014.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement that may be made from time to time, whether written or oral, whether as a result of new information, future developments or otherwise.

Use of Non-GAAP Financial Information

To supplement the unaudited consolidated financial statements presented in accordance with U.S. GAAP in this press release, certain non-GAAP financial measures as defined by the SEC rules are used. These non-GAAP financial measures include EBITDA, Adjusted EBITDA, adjusted net income, adjusted basic earnings per share, adjusted diluted earnings per share and free cash flow. Management believes that such information can enhance investors’ understanding of the Company’s ongoing operations.

The Company has included the following non-GAAP financial measures in this press release: adjusted net income, adjusted basic earnings per share and adjusted diluted earnings per share. The Company believes these non-GAAP financial measures provide valuable insight into the Company’s overall profitability from core operations before certain non-cash and non-recurring charges. The Company defines adjusted net income as net income before amortization expense (including amortization of developed technology), share-based compensation, convertible preferred stock issuance costs, and one-time charges including severance and other charges, impairments and legal settlements, less the related income tax effect of these adjustments, as applicable, and defines adjusted earnings per share as adjusted net income divided by basic and diluted weighted average shares outstanding.

See the accompanying tables below for the definitions and reconciliation of these non-GAAP measures to the most closely related GAAP measures.

About Agilysys

Agilysys is well known for its long heritage of hospitality-focused technology innovation. The Company delivers modular and integrated software solutions and expertise to businesses seeking to maximize Return on Experience (ROE) through hospitality encounters that are both personal and profitable. Over time, customers achieve High Return Hospitality by consistently delighting guests, retaining staff and growing margins. Customers around the world include: branded and independent hotels; multi-amenity resort properties; casinos; property, hotel and resort management companies; cruise lines; corporate dining providers; higher education campus dining providers; food service management companies; hospitals; lifestyle communities; senior living facilities; stadiums; and theme parks. The Agilysys Hospitality Cloud™ combines core operational systems for property management (PMS), point-of-sale (POS) and Inventory and Procurement (I&P) with Experience Enhancers™ that meaningfully improve interactions for guests and for employees across dimensions such as digital access, mobile convenience, self-service control, personal choice, payment options, service coverage and real-time insights to improve decisions. Core solutions and Experience Enhancers are selectively combined in Hospitality Solution Studios™ tailored to specific hospitality settings and business needs. Agilysys operates across the Americas, Europe, the Middle East, Africa, Asia-Pacific, and India with headquarters located in Alpharetta, GA. For more information visit Agilysys.com.

Investor Contact:
Jessica Hennessy
Senior Director Corporate Strategy & Investor Relations
Agilysys, Inc.
770-810-6116 or This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that its previously announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of the 5.625% senior unsecured notes due 2024 (the “Notes”) that we co-issued with our subsidiary, Genesis Energy Finance Corporation, expired at 5:00 p.m., New York City time, on January 24, 2023 (the “Expiration Time”). As of the Expiration Time, $316,325,000 aggregate principal amount of the outstanding Notes (92.73%) were validly tendered, which excludes $91,000 aggregate principal amount of the outstanding Notes that remain subject to guaranteed delivery procedures. The settlement date for the Notes is expected to be January 25, 2023.

Pursuant to the terms of the tender offer, Notes not tendered in the tender offer will remain outstanding. We intend to call such outstanding Notes for redemption in accordance with the terms and conditions of the indenture governing the Notes.

Persons with questions regarding the tender offer should contact the dealer manager, Wells Fargo Securities, LLC by telephone at (866) 309-6316 (toll-free) or (704) 410-4756, or the information agent and tender agent, D.F. King & Co., Inc., by telephone at (800) 578-5378 (toll-free) or, for banks and brokers, at (212) 269-5550 (Banks and Brokers only) or in writing at D.F. King & Co., Inc., 48 Wall Street, 22nd Floor, New York, New York 10005, Attention: Michael Horthman, or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, sodium minerals and sulfur services, marine transportation and onshore facilities and transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

This press release includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, no assurance can be given that our goals will be achieved, including statements related to the tender offer and redemption. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward-looking statement.

Genesis Energy, L.P.
Ryan Sims
SVP – Finance and Corporate Development
(713) 860-2521

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) today declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the fourth quarter 2022. The dividends will be paid on February 14, 2023, to all applicable ETRN shareholders of record at the close of business on February 6, 2023.

About Equitrans Midstream Corporation:

Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.

For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.

Analyst inquiries:
Nate Tetlow – Vice President, Corporate Development and Investor Relations
412.553.5834
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Media inquiries:
Natalie A. Cox – Communications and Corporate Affairs
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OSAKA, Japan--(BUSINESS WIRE)--OPTAGE, Inc., digital infrastructure and telecommunication company in Japan, today announced to build its Fifth Data Center ‘OPTAGE Sonezaki Data Center’ in Osaka, Japan.
In recent years, many companies and municipalities in Japan have been using cloud services, and there is a growing demand for data centers that can communicate with cloud services with low latency. As a result, many of Japan's data centers are concentrated in Osaka and Tokyo due to low latency and easy access. In addition, disaster preparedness is important in Japan because of the high number of earthquakes that occur there, and more companies are using data centers in both Osaka and Tokyo.
Until now, OPTAGE has operated multiple data centers in Osaka. This new data center location is close to access points of popular public cloud and Internet exchange and can communicate with low latency. Because the data center is carrier-neutral, services such as cloud, IX (Internet Exchange), and carriers are widely available.

1. Connectivity
   Data centers with popular cloud and IX access points are within two miles. OPTAGE's highly reliable fiber optic links directly to these data centers, enabling clients to communicate with stability and low latency.
2. Carrier Neutral
   Clients are not tied to a specific service provider (Telecommunications, ISPs, etc.), allowing for diversity and flexibility. In addition, data center providers can take advantage of OPTAGE's rich fiber optics to provide a variety of network services.
3. Green Energy
   The non-fossil certificate with tracking will ensure that all electricity used by the data center is generated by natural resources such as solar, wind and water. We will actively work to reduce CO2 emissions and aim to become a carbon-neutral green data center that is environmentally friendly.
4. High-Density
   The latest high-efficiency air conditioning system and optimal air flow design make it possible to handle high-density, high-load equipment. It is possible to flexibly change the system configuration as we anticipate that server performance and heat generation will continue to increase due to advances in IoT and AI.
5. Safety and Security
   Seismic isolation design, redundant power supply systems, emergency generators that can operate continuously for more than 72 hours, and resident management 24 hours a day, 365 days a year provide stable services even in the unlikely event of a disaster.

Press Release
https://optage.co.jp/en/press/2023/001.html

Our Website
https://optage.co.jp/en/

Contact us
https://optage.co.jp/en/form/inquiry/form.cgi

OPTAGE, Inc.
Staff: Atsuo Katayama
Tel: +81-90-8206-9857
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a substantial⁽¹⁾ master services agreement (MSA) for subsea services with Petrobras. The three-year contract has an option to extend for a further two years.

TechnipFMC will provide life-of-field services to support its installed base offshore Brazil. The contract covers installation, intervention, and maintenance of both equipment and tooling, as well as technical support for subsea umblicals, risers and flowlines.

The agreement succeeds a previous MSA and supports Petrobras’s increased volume of operations. Services will be supplied from TechnipFMC’s base in Macaé, Brazil.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “This new MSA continues our enduring partnership with Petrobras. We are delighted to continue this relationship through this direct award. For 40 years, we have provided services from Macaé, demonstrating the strength of our commitment to delivering services using our in-country workforce.”

(1) For TechnipFMC, a “substantial” contract is between $250 million and $500 million. Note: a portion of this inbound order was included in the Company’s fourth quarter 2022 financial results. A portion of this award will be inbound in future periods.

Important Information for Investors and Securityholders

Forward-Looking Statement

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

About TechnipFMC

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

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

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

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

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

Investor relations

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

Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
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Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
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PARIS--(BUSINESS WIRE)--Technip Energies (PARIS:TE) (ISIN:NL0014559478) – as part of its long-term agreement with Aramco – has been awarded a contract to upgrade sulfur recovery facilities at Aramco’s Riyadh Refinery.

This contract covers the implementation of three new tail gas treatment (TGT) units, improving the performance of the existing three sulfur recovery units (SRU) to comply with more stringent regulations for sulfur dioxide emissions, with recovery efficiency at more than 99.9%.

The project will be executed locally, leveraging Saudi economic resources and infrastructure.

The existing sulfur recovery units in the Riyadh refinery were designed and built by Technip Energies in the early 2000s.

Bhaskar Patel, SVP Sustainable Fuels, Chemicals & Circularity of Technip Energies, commented: “We are pleased to be entrusted by Aramco to work on the upgrading program of their refinery in Riyadh. By leveraging our long-standing relationship, which has been in place since the mid-1990s, we are committed to make this project another success, while utilizing local resources and supply chain.”

Note: this award is included in the Company’s fourth quarter 2022 financial results.

About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene, as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO₂ management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 34 countries, our 15,000 people are fully committed to bringing our clients’ innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”). For further information: www.technipenergies.com.

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events and anticipated revenues, earnings, cash flows or other aspects of Technip Energies’ operations or operating results. Forward-looking statements are often identified by the words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “may,” “estimate,” “outlook,” and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on Technip Energies. While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.

All of Technip Energies’ forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies’ control) and assumptions that could cause actual results to differ materially from Technip Energies’ historical experience and Technip Energies’ present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.

For information regarding known material factors that could cause actual results to differ from projected results, please see Technip Energies’ risk factors set forth in Technip Energies’ filings with the U.S. Securities and Exchange Commission, which include amendment no. 4 to Technip Energies’ registration statement on Form F-1 filed on February 11, 2021.

Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Technip Energies undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.

Investor relations
Phil Lindsay
Vice-President Investor Relations
+44 207 585 5051
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Media relations
Stella Fumey
Director Press Relations & Digital Communications
+33 1 85 67 40 95
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Jason Hyonne
Press Relations & Social Media Lead
+33 1 47 78 22 89
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MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its fourth quarter and year-end 2022 financial and operating results on Thursday, February 23, 2023, after the market closes. Additionally, the Company will host a conference call on Friday, February 24, 2023, at 10:00 a.m. Central Time.

Those wishing to listen to the conference call may do so via phone or the Company’s webcast.

ABOUT NORTHERN OIL AND GAS

NOG is a company with a primary strategy of investing in non-operated minority working and mineral interests in oil & gas properties, with a core area of focus in the premier basins within the United States.

More information about NOG can be found at www.NorthernOil.com.

Evelyn Infurna
Vice President of Investor Relations
(952) 476-9800
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Production of RNG begins at Del Rio Dairy, Clean Energy’s First Investment in the Negative Carbon Intensive Fuel

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--$CLNE--Clean Energy Fuels Corp. (NASDAQ: CLNE), the largest provider of the cleanest fuel for the transportation market, has been awarded a contract by San Diego Metropolitan Transit System (MTS), to provide an expected 86 million gallons of renewable natural gas (RNG) to operate its bus fleet.

“San Diego MTS was an early adopter of natural gas in the 1990s and has continued to seek cleaner and more economical fueling options,” said Clean Energy Senior Vice President Chad Lindholm. “As a result of the use of RNG the people who live in the San Diego area will have less exposure to greenhouse gas emissions and cleaner air.”

“RNG is a great example of how we can use innovation and technology to create a cleaner and more sustainable environment,” said MTS Chief Executive Officer Sharon Cooney. “The use of RNG is an important strategy for MTS while we work toward achieving our goal of zero emissions. This contract with Clean Energy will play key role as MTS continues transitioning to a more eco-friendly transit system.”

MTS serves the San Diego metropolitan area with a fleet of 764 buses, of which 595 run on RNG, that fuel at four private transit stations. The contract was awarded through competitive solicitation. By operating on RNG instead of diesel, it is anticipated that the fleet will reduce 73,972 metric tons of carbon dioxide—the equivalent of planting 1.2 million trees, taking 15, 939 gasoline cars off the road, or recycling 25,596 tons of landfill waste per year.

RNG Production

Clean Energy continues to make significant investments in the production of additional RNG sources and has partnered with two of the most sustainability-committed global energy companies, TotalEnergies and bp, to sign partnerships with dairy owners around the country.

The project at Del Rio Dairy in Texas, which is part of Clean Energy’s join venture with TotalEnergies, is in final commissioning with manure introduced to the digester and its first gas injection is expected in the first quarter of this year. When operational, the manure from Del Rio’s 8,000 milking cows is anticipated to produce more than a million gallons of RNG a year.

Construction at South Fork Dairy in Hart County, TX is expected to commence soon with an anticipated 2.6 million gallons of RNG to be produced annually once completed.

Construction at the first dairy projects through the joint venture with bp in Iowa, South Dakota and Minnesota are nearing completion. RNG is expected to begin to flow in the first quarter of 2023 with five total projects online by mid-year.

Expanding with New and Existing Customers

Filamar Energy Services, a full-service energy logistics provider based in Houston, signed an agreement with Clean Energy for an anticipated 4.2 million gallons of compressed natural gas to power a fleet of 50 heavy-duty trucks. These will be supported by a new station in Hennessey, OK to be built by Clean Energy.

“Our carbon-neutral logistics service will support customers who want to further decrease their environmental footprint,” said Filamar CEO Lambert Arceneaux. “In addition to CNG’s certain environmental benefits, it also makes Filamar a more efficient transportation provider by lowering fuel costs making our business and the industry as a whole more efficient.”

An early adopter of clean transportation, Denver International Airport (DEN) has contracted with Clean Energy to upgrade five fueling facilities that will power 95 natural gas vehicles with an anticipated 5 million gallons of RNG. The new stations are expected to be completed later in 2023.

Denver International Airport was recently awarded the NGVAmerica 2022 Achievement Award for their innovation and commitment to fueling with natural gas. The expanded availability of RNG at the airport will accommodate additional airport transportation, such as rental car firms and air freight operators, to provide low-carbon transportation.

“DEN’s continued investment in RNG-fueled vehicles and fueling infrastructure will enable airport operators to lower their motor fuel costs while the airport quickly achieves cleaner air and further decarbonizes its operational footprint,” said Daniel Gage, president, NGVAmerica. “We are pleased to recognize Denver’s continued achievement in this space.”

DEN was also bestowed the 2022 Leading Airport Fleet award by ACT Expo in recognition of the airport's alternative and sustainable fleet assets. The award recognizes airport fleets that demonstrate leadership in alternative fuel and advanced vehicle technology.

Clean Energy began providing RNG to long-time customer Jacksonville Transit, transitioning the large Jacksonville, FL transit agency to the cleanest available fuel option. Jacksonville Transit is committed to an approximate 2.1 million gallons per year to power its fleet of buses.

Stark Area Regional Transit Authority (SARTA) in Canton, OH has signed an operations and maintenance agreement with Clean Energy for its station which powers 60 buses with an anticipated 2.5 million gallons of natural gas. SARTA is committed to growing its low and zero-emission fleet and plans to phase out all diesel fuel in the next few years.

Clean Energy will continue to serve Washington Metropolitan Area Transit Authority (WMTA) by extending an operations and maintenance agreement for WMTA’s stations in Washington, DC and Arlington, VA which fuel 300 buses with an approximate 4.6 million gallons of natural gas.

Clean Energy is extending its partnership with the City of Burbank for an additional 10 years, providing an anticipated five million gallons of RNG at two stations to fuel 50 trucks and transit vehicles.

US Foods, a transporter of food products with operations in Sacramento, has signed a fueling agreement for an estimated 280,000 gallons of RNG to power 17 trucks.

More clean vehicles are coming to the Ports of Los Angeles and Long Beach. Clean Energy has signed fueling agreements with Pacific Expressway and others for an approximate total 2.2 million gallons of RNG.

Propark, a national parking and transit provider for Yale University Hospital in New Haven, CT, has signed a fueling agreement for an anticipated 400,000 gallons of natural gas to power its shuttle buses.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including without limitation statements about amounts of natural gas expected to be produced or consumed; numbers of vehicles expected to be deployed or financed; the environmental and other benefits of Clean Energy’s fuels; the timing and scope of construction, maintenance, and other projects; the impacts of legislative and regulatory developments; and the value and scope of contracts. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.

About Clean Energy

Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada. Visit www.cleanenergyfuels.com and follow @ce_renewables on Twitter.

Raleigh Gerber
949-437-1397
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STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that Diane Brink has joined its Board of Directors. Ms. Brink will additionally chair the Compensation Committee and serve as a member of the Audit Committee.

“Diane’s proven track record leading marketing and customer experience complements the skill set of our current Board of Directors,” said Christine Detrick, Chairperson of Altus Power. “Altus Power is in the business of building customer relationships, and we believe Diane’s expertise will prove invaluable in the coming years as we continue to expand our brand.”

“I am honored to join the Board of Directors of Altus Power and look forward to supporting their mission to create a clean electrification ecosystem for every home, business and electric vehicle,” commented Brink. “I believe my work in digital transformation, go to market and technology will lend itself well to Altus Power’s strategy.”

Ms. Brink brings over thirty-five years of experience at IBM where she was most recently Chief Marketing Officer of IBM Global Technology Services. Ms. Brink is a Senior Fellow and Adjunct Professor at the Kellogg School of Management at Northwestern University, Kellogg Markets and Customers Initiative. Ms. Brink is currently a member of the Belden, Inc (NYSE: BDC) Board of Directors and the indie Semiconductor (NASDAQ: INDI) Board of Directors.

Ms. Brink replaces the Board position previously held by Sharon Daley, who effective as of January 18, 2023, has resigned as a director of the Company to pursue other professional opportunities. Ms. Brink will serve as director for the remainder of Ms. Daley’s term, which expires at the Company’s 2025 annual meeting of stockholders.

About Altus Power, Inc.

Altus Power, based in Stamford, Connecticut, is the premier independent commercial-scale clean electrification company serving commercial, industrial, public sector and community solar customers with an end-to-end solution. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.

Altus Power:

Chris Shelton
Head of IR
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AKRON, Ohio--(BUSINESS WIRE)--$BW #renewableenergy--Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental and B&W Renewable business segments have been awarded a contract for approximately $65 million by Lostock Sustainable Energy Plant Ltd. (LSEP) to provide engineering services and advanced technologies for the LSEP Sustainable Energy plant located at Lostock Gralam near Manchester, UK. LSEP is a joint venture formed by Copenhagen Infrastructure Partners and FCC Environment (UK).

B&W’s global operations will provide technologies and services for the project, including GMAB™ flue gas treatment technologies, SPIG™ air-cooled condensers, Diamond Power^® boiler cleaning equipment and engineering in both B&W’s Denmark and U.S. offices.

The Lostock plant will utilize residual waste to generate 60+ megawatts of energy for residents and businesses. Additionally, this plant will be one of the largest operational waste-to-energy plants in the UK processing around 600,000 tonnes of waste annually. The site of the plant was previously the site of a decommissioned coal-fired power plant.

“We thank LSEP for choosing B&W for this key clean energy project,” said Executive Vice President and Chief Operating Officer Jimmy Morgan. “B&W’s waste-to-energy, environmental and other technologies will play a critical role in decarbonization and the transition to renewable energy, and we’re pleased to contribute our expertise to the Lostock project.”

“Waste-to-energy is also a powerful solution for eliminating emissions of the potent greenhouse gas methane from landfills, using waste that would otherwise decompose and create methane to produce clean, renewable power,” Morgan said.

A spokesperson for LSEP said, “We thank Babcock & Wilcox for supporting us with the delivery of this project and look forward to working with the B&W team. This appointment is a key milestone on our journey to manage the delivery of the LSEP plant and provides the certainty that will help us to unlock the significant investment, job creation and energy security benefits of the project.”

With hundreds of units in operation around the world, B&W Renewable has many decades of experience and extensive expertise with technologies that generate steam and power from municipal and industrial waste fuels.

B&W Environmental’s GMAB flue gas cleaning and flue gas condensation technologies are applicable for a wide range of applications, including waste-to-energy, co-incineration and hazardous waste incineration plants. The company’s SPIG dry cooling technologies can be tailored for many applications and are a sustainable and environmentally conscious cooling solution, eliminating water discharge and protecting the environment. B&W’s Diamond Power boiler cleaning systems are available in steam/air, high pressure water, and dual-media air heater cleaning configurations and are ideally suited for renewable and waste-to-energy applications.

The Lostock waste-to-energy plant is scheduled to begin commercial operation in late 2025.

About Babcock & Wilcox

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.

Forward-Looking Statements

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to a contract to provide engineering services and advanced technologies for the LSEP Sustainable Energy plant located near Manchester, UK. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

Investor Contact:
Investor Relations
Babcock & Wilcox
704.625.4944
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Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345
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