Badger Hollow Solar Farm Phase I joins Two Creeks Solar in advancing MGE's sustainable energy goals

MADISON, Wis.--(BUSINESS WIRE)--Madison Gas and Electric (MGE) is highlighting two significant solar energy milestones for the company this month. The first phase of the Badger Hollow Solar Farm is now online and delivering locally generated, sustainable energy to the electric grid. Also this month, Two Creeks Solar marks one year in service.

"We are excited to have the first phase of the Badger Hollow Solar Farm in service and delivering carbon-free, cost-effective electricity to our customers for decades to come," said Jeff Keebler, MGE Chairman, President and CEO. "This is a great addition to our generation mix, along with the Two Creeks Solar project. Both of these major solar facilities will play a key role in continuing to reduce our carbon emissions, helping us achieve our sustainable energy goals and achieving net-zero carbon electricity."

MGE has reduced its carbon emissions 30% since 2005 and expects to achieve carbon reductions of at least 65% by 2030, consistent with global climate science to limit global warming. MGE continues to transition its energy supply to cleaner sources, with the anticipated addition of nearly 400 megawatts (MW) of wind, solar and battery storage between 2015 and 2024.

Badger Hollow Solar Farm

Located near the communities of Montfort and Cobb in Iowa County, Wisconsin, MGE owns 50 MW of Phase I of the Badger Hollow Solar Farm. Wisconsin Public Service (WPS) owns the remaining 100 MW. MGE's 50-MW share is expected to generate enough electricity to power approximately 16,500 households.

Construction continues on the 150-MW second phase of Badger Hollow Solar Farm. MGE will own 50 MW of Phase II and WPS will own 100 MW.

Two Creeks Solar marks first anniversary

The first large-scale solar facility in state history, Two Creeks Solar, is celebrating its one-year anniversary. Located in Manitowoc County in the town of Two Creeks and the city of Two Rivers, the 150-MW array came online in November 2020. MGE owns 50 MW and WPS owns 100 MW.

According to WPS, which is the operator, Two Creeks Solar has produced enough energy in its first year of operation to:

• Power more than 64 million smartphones for a year.
• Run 515,000 refrigerators for a year.
• Power more than 2,500 home games at Lambeau Field.

MGE targeting net‐zero carbon electricity

In May 2019, MGE announced its goal of net-zero carbon electricity by 2050, making it one of the first utilities in the nation to commit to net-zero carbon by mid-century. MGE's net-zero goal is consistent with the latest climate science from the Intergovernmental Panel on Climate Change (IPCC) October 2018 Special Report on limiting global warming to 1.5 degrees Celsius. To achieve deep decarbonization, MGE is growing its use of renewable energy, engaging customers around energy efficiency and working to electrify transportation, all of which are key strategies identified by the IPCC.

About MGE

MGE generates and distributes electricity to 157,000 customers in Dane County, Wisconsin, and purchases and distributes natural gas to 166,000 customers in seven south‐central and western Wisconsin counties. MGE's parent company is MGE Energy, Inc. The company's roots in the Madison area date back more than 150 years.

Steve Schultz
Corporate Communications Manager
608-252-7219 | This email address is being protected from spambots. You need JavaScript enabled to view it.

OVERLAND PARK, KS--(BUSINESS WIRE)--This notice provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) with information regarding the distributions paid on November 30, 2021, and cumulative distributions paid fiscal year-to-date.

The following table sets forth the estimated amounts of the current distributions, payable November 30, 2021, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Tortoise Pipeline & Energy Fund, Inc.

Tortoise Power and Energy Infrastructure Fund, Inc.

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

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

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TTP and TPZ's investment experience during the remainder of their fiscal years and may be subject to changes based on tax regulations. TTP and/or TPZ will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Tortoise Capital Advisors is the Adviser to the Tortoise Pipeline & Energy Fund, Inc. and the Tortoise Power and Energy Infrastructure Fund, Inc.

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

About Tortoise

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

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Safe Harbor Statement

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

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

Tuesday, December 7, 2021

HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority will hold its Regular Monthly Meeting on Tuesday, December 7, 2021. It will be conducted as a hybrid meeting and will begin at 9:15 a.m. The Commissioners, executive leadership, and legal counsel will be present in the boardroom of the Port Authority Executive Office Building, located at 111 East Loop North, Houston, TX 77029.

The meeting is open to the public to attend. However, the meeting can also be accessed virtually via WebEx webinar.

The agenda and the instructions to access Port Houston public meetings are available at https://porthouston.com/leadership/public-meetings/.

Please note the following upcoming planned Port Houston public meetings: (subject to change)

January 25, 2022: Port Commission Regular meeting – 9:00 a.m.

Sign up for public comment is available up to an hour before these Port Commission meetings by contacting Erik Eriksson at This email address is being protected from spambots. You need JavaScript enabled to view it.or Liana Christian at This email address is being protected from spambots. You need JavaScript enabled to view it.

About Port Houston

For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel – the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S. nation. The more than 200 private and eight public terminals along the federal waterway supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6% of Texas’ total gross domestic product (GDP) – and a total of $801.9 billion in economic impact across the nation. For more information, visit the website: https://porthouston.com/

Lisa Ashley, Director, Media Relations, Port Houston
Office: 713-670-2644; Mobile: 832-247-8179; E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

CHICAGO--(BUSINESS WIRE)--$LFUS--Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced the completion of its acquisition of Carling Technologies, Inc. (“Carling”). Carling has a leading position in switching and circuit protection technologies with a strong global presence in commercial transportation, communications infrastructure and marine markets.

“The combination of our companies significantly expands our technologies and capabilities, enabling critical scale," said Dave Lesperance, Vice President and General Manager, Littelfuse Commercial Vehicle Business. “The addition of Carling more than doubles the size of our commercial vehicle business, and our complementary customers, channels, and products will accelerate our growth in strategic markets. It is a pleasure to welcome the Carling employees to the Littelfuse team, and we look forward to their contributions, as we continue to execute on our long-term growth strategy.”

Carling has annualized sales of approximately $170 million and will be reported within the Littelfuse commercial vehicle business incorporated into the company’s Automotive reporting segment.

A related slide presentation is available in the Investor Relations, News & Events, Presentations section of the company’s website at littelfuse.com.

Updated Fourth Quarter of 2021 Guidance*

With the completion of the Carling acquisition, the company now expects fourth quarter net sales in the range of $518 to $532 million and adjusted diluted EPS in the range of $2.82 to $2.98.

*Littelfuse provides guidance on a non-GAAP (adjusted) basis. GAAP items excluded from guidance may include the after-tax impact of items including acquisition and integration costs, restructuring, impairment and other charges, certain purchase accounting adjustments, non-operating foreign exchange adjustments and significant and unusual items. These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP. Littelfuse is not able to forecast the excluded items in order to provide the most directly comparable GAAP financial measure without unreasonable efforts.

About Littelfuse

Littelfuse (NASDAQ: LFUS) is an industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 15 countries, and with 12,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation and electronics end markets – everywhere, every day. Learn more at littelfuse.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

The statements in this press release that are not historical facts are intended to constitute "forward-looking statements" entitled to the safe-harbor provisions of the Private Securities Litigation Reform Act. These statements may involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to general economic conditions; the severity and duration of the COVID-19 pandemic and the measures taken in response thereto and the effects of those items on the company’s business; product demand and market acceptance; the impact of competitive products and pricing; product quality problems or product recalls; capacity and supply difficulties or constraints; coal mining exposures reserves; cybersecurity matters; failure of an indemnification for environmental liability; exchange rate fluctuations; commodity and other raw material price fluctuations; the effect of Littelfuse, Inc.'s ("Littelfuse" or the "Company") accounting policies; labor disputes; restructuring costs in excess of expectations; pension plan asset returns less than assumed; integration of acquisitions; uncertainties related to political or regulatory changes; and other risks which may be detailed in the company's Securities and Exchange Commission filings. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated or implied in the forward-looking statements. This release should be read in conjunction with information provided in the financial statements appearing in the company's Annual Report on Form 10-K for the year ended December 26, 2020. Further discussion of the risk factors of the company can be found under the caption "Risk Factors" in the company's Annual Report on Form 10-K for the year ended December 26, 2020, and in other filings and submissions with the SEC, each of which are available free of charge on the company’s investor relations website at investor.littelfuse.com and on the SEC’s website at www.sec.gov. These forward-looking statements are made as of the date hereof. The company does not undertake any obligation to update, amend or clarify these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the availability of new information.

LFUS-A

Littelfuse, Inc.
Investor Contact:
Trisha Tuntland
Head of Investor Relations
(773) 628-2163

Media Contact:
Steve Schrier
Head of Corporate Communications
(773) 628-2112
This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "Barite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global barite market grew at a CAGR of around 4% during 2015-2020. Looking forward, the market is projected to exhibit moderate growth during 2021-2026.

Significant growth in the oil and gas industry, along with increasing offshore and ultra-deep exploration activities across the globe, is one of the key factors creating a positive outlook for the market. Barite is used as a weighing agent in oil well drilling fluids as it counters the pressure resulting from drilling operations.

Moreover, the widespread adoption of barite for the manufacturing of plastic products is also driving the market growth. It is used as a non-toxic, water-soluble and stable chemical filler to enhance the gloss, strength and weatherability of plastic products.

Additionally, the rising product demand for the production of paints, coating, rubbers, pharmaceuticals and automobile components, is acting as another growth-inducing factor. Rapid urbanization, along with increasing product utilization in the medical industry to absorb X- and Gamma rays, are some of the factors that are anticipated to drive the market further.

Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global barite market, along with forecasts at the global, regional and country level from 2021-2026. The report has categorized the market based on grade and application.

Breakup by Grade

• Up to 3.9
• Special Grade 4.0
• Special Grade 4.1
• Special Grade 4.2
• Special Grade 4.3 and Above

Breakup by Application

• Oil & Gas
• Chemicals
• Pharmaceuticals
• Others

Breakup by Region

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East & Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

• Anglo Pacific Minerals Ltd.
• Ashapura Minechem Limited (AMCOL International Corporation)
• Baker Hughes Company
• International Earth Products LLC
• Milwhite Inc.
• Newpark Resources Inc.
• P&S Barite Mining Co. Ltd.
• Schlumberger Limited
• Sojitz Corporation
• The Andhra Pradesh Mineral Development Corporation Limited
• The Cary Company

Key Questions Answered in the Report

• How has the global barite market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global barite market?
• What are the key regional markets?
• What is the breakup of the market based on the grade?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global barite market and who are the key players?
• What is the degree of competition in the industry?

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

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
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NEW YORK--(BUSINESS WIRE)--Beard Energy Transition Acquisition Corp. (the “Company”) announced the closing of its initial public offering (the “IPO”) of 23,000,000 units at a price of $10.00 per unit on November 29, 2021. This includes the exercise in full by the underwriter of its option to purchase up to an additional 3,000,000 units. The units are listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “BRD U”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Company’s Class A common stock at an exercise price of $11.50 per share, subject to adjustment. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “BRD” and “BRD WS,” respectively.

Citigroup Global Markets Inc. is acting as sole book running manager for the offering.

The public offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-800-831-9146.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on November 23, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these 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 any such state or jurisdiction.

About Beard Energy Transition Acquisition Corp.

Beard Energy Transition Acquisition Corp. is a newly organized blank check company incorporated as a Delaware corporation and 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 or assets. The Company’s efforts to identify a prospective target business will not be limited to a particular industry, although it intends to target high growth businesses focused on enhancing electric power grid reliability and resiliency through the energy transition infrastructure buildout.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the IPO. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor or Media Contact

This email address is being protected from spambots. You need JavaScript enabled to view it.

SAN FRANCISCO & ENDICOTT, N.Y.--(BUSINESS WIRE)--BAE Systems, a leader in electric propulsion, successfully installed its zero-emission propulsion system in the first U.S. hydrogen fuel cell powered marine vessel, the Sea Change.

BAE Systems provided its HybriGen® Power and Propulsion solution to Zero Emission Industries for integration on the Sea Change vessel that will operate in the San Francisco Bay Area. The Sea Change project is funded and owned by SWITCH Maritime, an impact investment firm building the first fleet of zero-carbon, electric-drive maritime vessels for adoption by existing ship owners and operators.

BAE Systems’ propulsion system interfaces with a hydrogen and fuel cell system provided by Zero Emission Industries and lithium-ion batteries to power the vessel without the need for a traditional combustion engine. The all-electric system eliminates diesel fuel use and reduces engine maintenance to create a clean mode of transportation.

“We are committed to getting our customers to zero emissions with highly reliable and flexible systems that are proven on land and in the water,” said Steve Trichka, vice president and general manager of Power & Propulsion Solutions at BAE Systems. “This historic milestone is the next step on that journey, as we provide San Francisco with an innovative solution that reduces emissions and creates a new clean form of daily transportation for hundreds of commuters.”

BAE Systems worked with the vessel’s builder, All American Marine, and designer, Incat Crowther, after previously teaming with both companies on multiple projects. BAE Systems uses proven controls and components that have passed certification and inspection by the U.S. Coast Guard.

The project is also partially funded by a $3 million grant from the California Air Resources Board (CARB), administered by the Bay Area Air Quality Management District (BAAQMD), that comes from the California Climate Investments initiative, a California statewide program that puts billions of cap-and-trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment—particularly in disadvantaged communities.

BAE Systems has been at the forefront of commercializing hydrogen fuel cell technology since first integrating fuel-cell powered buses in 1998. HybriGen Power and Propulsion brings that unrivalled capability to the water, as the system fully integrates into new or existing architecture on marine vessels. The system builds on 25 years of innovation and proven technology that powers more than 14,000 power and propulsion systems in transit and marine markets around the globe.

Eric Peterson, BAE Systems
Mobile: 603-288-4082
This email address is being protected from spambots. You need JavaScript enabled to view it.

www.baesystems.com/US
@BAESystemsInc

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Chief Executive Officer David Constable and Chief Financial Officer Joe Brennan will engage in a question and answer fireside chat on Thursday, December 2, 2021 at 9:30 a.m. Eastern Time.

A live webcast of the event will be available on the Fluor investor relations website at investor.fluor.com. A replay of the webcast will be available for 30 days.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 44,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $14.2 billion in 2020 and is ranked 196 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has been providing engineering, procurement and construction services for more than 100 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.

#corp

Brian Mershon
Media Relations
469.398.7621

Jason Landkamer
Investor Relations
469.398.7222

Energy Corridor District hosts its Inaugural Tree Lighting event powered by Shell Energy

HOUSTON--(BUSINESS WIRE)--On Wednesday, December 1, 2021, The Energy Corridor District is hosting its Inaugural Holiday Tree Lighting Ceremony, powered by Shell Energy. The Tree Lighting Ceremony event kicks off The Energy Corridor District’s Annual 12 Days of Christmas, which provides The Energy Corridor District the opportunity to honor our first responder partners and healthcare workers, while providing $20,000 in funding to non-profit organizations that impact the Energy Corridor. The District’s 12 Days of Christmas also provides the community with a chance to donate this holiday season, participate in virtual challenges for a chance to win gift cards to Energy Corridor businesses, and gain access to exclusive holiday events.

The Inaugural Tree Lighting event will take place at The Hyatt Regency Houston West. The community event is free and open to the public with a required reservation. Guests can register here, with all registrants entered in a drawing to win a free night stay at the Hyatt Regency Houston West. The event will open to attendees at 3:30 PM CST, with the ECHOrchestra’s performance beginning at 4:00 PM CST and the ceremony at 5:00 PM CST, which will conclude with a countdown to light the District’s 24-feet tall holiday tree display and accompanying décor, powered by Shell Energy. Additionally, this family-friendly community event will include hot cocoa, cider and cookies, a guest appearance from Santa. Attendees are encouraged to bring lawn chairs and blankets as seating is limited. On-site parking is available.

At this year’s Inaugural Tree Lighting, the Energy Corridor will distribute a total of $20,000 - $5,000 respectively – in donations to West Houston Assistance Ministries, Memorial Assistance Ministries, Family Point Resources, and Literacy Now.

The Energy Corridor District is excited to light up the holiday tree display with our supporting employers, Shell Corporation, ConocoPhillips, bp, Citgo Petroleum Corporation, and S&B Family Companies, their employees, residents, and all registered attendees. Several elected officials are scheduled to join this year’s event including, Harris County Commissioners Tom Ramsey and Jack Cagle, Harris County Clerk Teneshia Hudspeth, Houston City Council Members Amy Peck, Sallie Alcorn, and David Robinson, and State Rep. Lacey Hull; Mayor Turner has been invited to participate and representatives from County Judge Lina Hidalgo and Houston City Council Member Greg Travis will attend.

Elijah J. Williams, Executive Director of the Energy Corridor District, commented:
“The Energy Corridor District is excited to host our Inaugural Holiday Tree Lighting event, as part of our Annual 12 Days of Christmas. This is an opportunity to bring together the business community and public to celebrate the season and honor first responder partners, healthcare workers, and those organizations who are impacting in the Energy Corridor. As a critical job center in the Greater Houston Region, we want to showcase and share just how special of a place the Energy Corridor is.”

The 24-feet tall holiday tree display and accompanying décor will stand tall at the Hyatt Regency West Houston throughout the holiday season. Guests are encouraged to enjoy a dinner buffet at Café on the Lake located in the Hyatt Regency Houston West, and take family photos and selfies at the Energy Corridor Gift Box next to the tree during the duration of the season.

ABOUT ENERGY CORRIDOR DISTRICT

The Energy Corridor District (District) is an advocate for one of Houston’s premier business centers and destinations. Established in 2001 by the Texas Legislature as Harris County Improvement District #4, The District was created to promote, develop, encourage, maintain employment, commerce, transportation, housing, recreation, arts, entertainment, economic development, safety, and the public welfare within its boundaries. Home to the headquarters and regional offices of prominent global firms within the energy sector and beyond, the District consists of over 2,000 acres, stretching along IH-10 from Kirkwood Road to west of Barker Cypress Road, and extending south along Eldridge Parkway to south of Briar Forest Drive. The District also offers access to assets such as Buffalo Bayou, Terry Hershey Park, various recreational trails, and adjacency to over 26,000 acres of parks and open space. www.energycorridor.org

Shavonnah Roberts Schreiber, 713-822-0483
SNR Creative This email address is being protected from spambots. You need JavaScript enabled to view it.

360 Capital Leads the Series A with Barclays and Novum Capital Partners Joining the Round, and Agreement Reached with Strategic Investor A2A for an Initial 100 Megawatt-Hour, Grid-Connected CO2 Battery Deployment

MILAN, Italy--(BUSINESS WIRE)--Energy Dome, an Italian energy storage technology company founded in 2019, today announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 Battery demonstration project in Sardinia, Italy, and to accelerate the growth of the business.

The CO2 Battery’s optimal charge/discharge cycle ranges from 4 to 24 hours, positioning it perfectly for daily and intra-day cycling, a fast-growing market segment that is not well served by existing battery technologies. Significantly, the CO2 Battery can be charged during daytime when there is surplus solar generation and dispatched during the subsequent evening and next-morning peaks, when solar generation falls short of demand. The modular, scalable energy storage solution will allow for solar and wind generation to be dispatchable 24 hours per day.

Using low-cost, off-the-shelf components in a patented, closed thermodynamic process, CO2 Battery achieves a 75-80% round-trip efficiency. And, unlike lithium-ion batteries that suffer significant performance degradation during their 7-10 year design life, the CO2 Battery maintains its performance during its expected 25 year operational life. Consequently, the cost of storing energy will be about half of the cost of storing with similar sized lithium-ion batteries.

The oversubscribed round was led by deep technology venture capital firm 360 Capital. 360 Capital is joined by other investors, including Barclays’ Sustainable Impact Capital programme, a programme of the banking giant Barclays which takes an impact investment approach, Geneva-based multi-family office Novum Capital Partners, and Third Derivative, a global climate technology start-up accelerator founded by RMI and New Energy Nexus.

Alongside the fundraise, Italian company A2A, a strategic investor via limited partnership with 360 Capital, has entered a Memorandum of Understanding with Energy Dome to deploy the company’s first commercial project. This proposed 100 megawatt-hour (MWh) CO2 Battery could support the increased use of renewable power in the generation mix and address the growing need for energy storage on electrical grids.

Energy Dome has achieved this paradigm shift in the cost of storage by using CO2 in a closed loop cycle where it changes from gas, to liquid and back to gas. The titular “dome” is an inflatable atmospheric gas holder filled with CO2 in its gaseous form. When charging, the system draws electrical power from the electric grid, which feeds a motor. The motor drives a compressor which draws CO2 from the dome and compresses it, generating heat which is stored in a thermal energy storage device. The CO2 is then liquified under pressure and stored in liquid CO2 vessels, at ambient temperature, to complete the charging cycle. When discharging, the cycle is reversed by evaporating the liquid CO2, recovering the heat from the thermal energy storage system, and expanding the hot CO2 into a turbine, which drives a generator. Electricity is returned to the grid and the CO2 re-inflates the dome without emissions to the atmosphere, ready for the next charging cycle. The system components are standardised and modular, allowing for up to 200 MWh in storage capacity, and targeting a wide range of customers including utilities, independent power producers, grid operators, industrial applications and remote mining Operations.

The company was founded and is led by serial energy entrepreneur Claudio Spadacini. In less than two years, Energy Dome’s team of engineers turned an engineering concept into reality with patents filed and a 2.5MW x 4MWh demonstration plant now under construction in Sardinia and expected to be tested and validated in the first quarter of 2022.

“Grid systems across the world need effective, low-cost storage to pair with renewable energy,” said Claudio Spadacini, founder and CEO of Energy Dome. “We’re excited to be leveraging this investment and agreement to accelerate our deployment of this transformational technology. We thank all of the supporters who made today’s announcement possible.”

"Long-term energy storage will play a pivotal role in tackling climate change, paving the way for a carbon-free grid,” said Cesare Maifredi, managing partner of 360 Capital. “Energy Dome's technology is an innovative yet ready-to-market solution which makes long-term energy storage a reality today. It materially contributes to the energy transition, while delivering substantial value to its clients, grid operators and ultimately to our society."

“Energy Dome’s ground breaking technology addresses the issue that transitioning to a low carbon economy requires not only renewable energy sources, but effective ways of storing this energy, to help balance supply with demand,” said Steven Poulter, Head of Principal Structuring and Investments at Barclays. “Barclays is pleased to be supporting Energy Dome’s next stage of growth, as they continue to drive efforts to reduce carbon emissions worldwide”.

About Energy Dome

Energy Dome is an energy storage technology company that fights climate change using CO2 as part of the solution to accelerate the world’s transition to renewable energy. Led by a team with a track record of innovation in the energy sector, ENERGY DOME uses CO2 as a working fluid in a closed thermodynamic process to store energy and make renewable power dispatchable. For more information, please visit www.energydome.com.

About 360 Capital

360 Capital is a Venture Capital firm investing in early stage, innovative deeptech & digital enterprises across Europe. The firm has a 20-year track record of supporting talented tech entrepreneurs in developing ambitious & disruptive companies in a variety of sectors. Led by a diverse and experienced team of professionals located in Paris and Milan, 360 Capital has €400M of assets under management and an active portfolio of over 50 companies.

About Barclays’ Sustainable Impact Capital Programme

As part of the firm’s broader commitments, Barclays will invest £175m of its own capital, led by the Principal Investments team, in fast-growing, innovative, environmentally-focused companies whose values are aligned with those of Barclays and which target the goals and timelines of the Paris Agreement. Investments will be strategic to Barclays, its clients and the communities it serves, with clear scalable propositions that deliver both environmental benefits and economic returns. Find out more about the programme here.

Ashley Fallon
Antenna for Energy Dome
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DALLAS--(BUSINESS WIRE)--AECOM (NYSE:ACM), the world’s trusted infrastructure consulting firm, today announced the signing of a definitive agreement to sell its Oil & Gas maintenance and turnaround services business to affiliates of Graham Construction. The business being divested is non-core to the Company’s Professional Services business and is included in discontinued operations. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the second quarter of fiscal year 2022.

“Today’s announcement furthers the execution of our strategy to focus our efforts exclusively on our higher-margin and lower-risk Professional Services business,” said Troy Rudd, AECOM’s chief executive officer. “I thank the leadership and employees of the Oil & Gas maintenance and turnaround services team for their efforts over the years and wish the business the best of success in the future.”

Advisors

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to AECOM is connection with the transaction, and DBO Partners LLC is serving as financial advisor.

About AECOM

AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements

All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, coronavirus impacts, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; impacts caused by the coronavirus and the related economic instability and market volatility, including the reaction of governments to the coronavirus, including any prolonged period of travel, commercial or other similar restrictions, the delay in commencement, or temporary or permanent halting of construction, infrastructure or other projects, requirements that we remove our employees or personnel from the field for their protection, and delays or reductions in planned initiatives by our governmental or commercial clients or potential clients; losses under fixed-price contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; high leverage and potential inability to service our debt and guarantees; exposure to Brexit; exposure to political and economic risks in different countries; currency exchange rate fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; the Oil & Gas maintenance and turnaround services transaction and other recent acquisitions and divestitures, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

Media Contact:
Brendan Ranson-Walsh
Vice President, Global Communications & Corporate Responsibility
1.213.996.2367
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Investor Contact:
Will Gabrielski
Senior Vice President, Finance & Treasurer
1.213.593.8208
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Quinbrook Embraces AI and Machine Learning to Optimise Renewables and Storage

UK Specialist in Battery Storage Optimisation set for Rapid Growth under Quinbrook Sponsorship

LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners ("Quinbrook"), a specialist global investment manager focused exclusively on renewables, storage and grid support infrastructure, announced today that it has acquired Habitat Energy Limited, a UK-based optimisation and trading platform for grid-scale battery storage.

Habitat Energy’s team is based in Oxford, UK, and comprises data scientists, software engineers, battery storage experts and power market trading professionals. Habitat has developed and utilises advanced machine learning and algorithmic capabilities to optimize the strategic and financial value of battery storage assets within deregulated power markets, both stand-alone and co-located with renewables. Habitat has established itself as one of the top performing platforms amongst UK market players focusing on optimising flexible generation and storage. Habitat has been ranked by independent market analysts as a top performing¹ optimizer within the UK battery storage sector.

Quinbrook plans to support Habitat to further develop its technology suite and advanced machine learning capabilities, continuing Habitat’s expansion into Australia and also the US, where initial focus will be on the ERCOT market in Texas followed by other US ISOs shortly thereafter. Habitat will be deployed to optimise battery storage assets within the Quinbrook portfolio, while continuing to offer its services independently to new and existing clients around the world.

The acquisition of Habitat is expected to significantly strengthen Quinbrook’s capabilities in flexible energy solutions and storage and strongly compliments Quinbrook’s existing Flexitricity and Velox Power platforms in the UK which specialize in demand side response, EV to grid optimization and reserve peaking capacity for National Grid. The imminent completion of the Rassau synchronous condenser in Wales will also solidify Quinbrook’s early move into grid support infrastructure enabling more variable and weather-dependent renewable generation capacity to be safely accommodated on the UK power grid.

Recent instability in both UK and US power markets have highlighted how critical flexible capacity and storage are to supporting the energy transition, and Quinbrook believes this will only increase. Battery storage is poised for rapid expansion in coming years which must be carefully optimized, both operationally and financially.

David Scaysbrook, Co-founder and Managing Partner of Quinbrook commented, “We believe that the ‘Net Zero’ power systems of tomorrow are moving rapidly and inexorably to a place where renewable power assets and storage in all its forms will be managed and optimized with advanced algorithmic capabilities. The transactional velocity and complexity will quickly overwhelm the ability of current practices to cope with the scale of the transition now underway. We believe Habitat is truly ahead of the game in devising ‘state of the art’ methods at the leading edge of data science combined with the power markets know-how to maintain competitive edge. Habitat is a unique business with a stand-out team and technology platform that we plan to take well beyond battery storage. This is an important strategic move for Quinbrook and will further differentiate our capabilities as a specialist investor in next generation renewables.”

Andrew Luers, Co-founder and CEO of Habitat Energy said, “Habitat Energy was created to bring AI technology to power trading. It continues to be our belief that this combination of AI and human power trading expertise is essential to deliver the full potential of battery storage, and to provide the flexibility that reliable, renewables-based power systems require. We’re very proud of what our team has achieved to-date and in particular the contributions we have made to the UK power sector and its transition toward net zero. It's with much excitement that we now join forces with Quinbrook which shares a genuine commitment to ESG impact and achieving net zero emissions targets. We look forward to working with the Quinbrook team as we expand the scope and reach of Habitat Energy’s activities and services to our clients and we are optimistic about the impact we will have together in this next phase of our company’s journey.”

About Habitat Energy
Habitat Energy (https://www.habitat.energy) is a specialist in AI-enabled battery optimization and trading services. Habitat’s proprietary software allows for real-time trading, forecasting and revenue generation in the wholesale and ancillary service markets. Habitat is headquartered in Oxford UK, with offices in Australia and the US.

About Quinbrook
Quinbrook Infrastructure Partners (http://www.quinbrook.com) is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure and operational asset management in the US, UK and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.USD 8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.USD 28.7 billion or 19.5 GW of power supply capacity. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the US, UK and Australia.

______________________
¹ LCP Enact based on physical dispatch and excluding intraday trading. Habitat’s top performing asset ranked #1 in “Revenue earned per MW” in the 12 months to September 2021.

Media:
Jennifer Pflieger
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+1 (212) 446-1866

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) Chief Operating Officer Micheal Dunn is scheduled to participate in meetings with investors at the Wells Fargo Virtual Midstream, Utility and Renewables Symposium on Wednesday, December 8.

A fireside chat Q&A session with Mr. Dunn is scheduled for approximately 12 p.m. Eastern Time (11 a.m. Central Time). A link to the live webcast, as a well as a replay, will be available at https://investor.williams.com on December 8.

About Williams

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

MEDIA:
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INVESTOR CONTACT:
Danilo Juvane
(918) 573-5075

HOUSTON--(BUSINESS WIRE)--$XPRO #XPRO--Leading provider of energy services, Expro (NYSE: XPRO), has secured four significant subsea well access contracts in South East Asia and Australia worth in excess of $50 million.

The company has won two contracts in Australia and two in Malaysia.

In Australia, Expro has been awarded a multi-million dollar contract for the abandonment of 18 subsea wells and the removal of open water production trees. The project will require Expro to deliver an integrated subsea solution, including its industry-leading Intervention Riser System (IRS), to access the wells and undertake plug and abandonment work.

Also in Australia, Expro has been commissioned to deliver an integrated program for a new subsea development. The major contract will include the delivery of a complete subsea completion landing string package and a bespoke high-rate surface well test system.

In Malaysia, Expro has been awarded a seven-figure contract for the provision of large bore electro hydraulic subsea landing string equipment for a new subsea deepwater campaign. Expro was selected due to its outstanding operational performance on similar campaigns in the area during 2019 and 2020.

Also in Malaysia, Shell has awarded Expro a substantial contract for the provision of a subsea landing string integrated package for the Gumusut-Kakap deepwater field. The contract is for a fixed scope of work on four development wells.

Graham Cheyne, Expro’s Vice President of Well Access and Subsea, commented: “The award of these significant contracts enhances our strong reputation as a global leader in the subsea well access space and allows us to further demonstrate our capabilities in the growing Asian and Australian markets. This follows the broadening of our subsea intervention capabilities during 2019 and 2020, with the completion of successful IRS deepwater operations in Mauritania.’

“As activity in the international subsea oil and gas sector increases following several challenging years, our unique and integrated service portfolio, together with industry recognised expertise and operational excellence, places Expro in a very strong position to support all of our client’s subsea well access activity.”

Mrinal Vohra, Expro’s Region Vice President of Asia Pacific, added: “Expro’s excellent safety record, coupled with our service quality performance and extensive operational knowledge in Asia and Australia, ensures we can safely deliver technical and operational excellence to customers in this region. We look forward to executing the work scope associated with these multiple contract awards to enhance our already strong position in the subsea market.”

ENDS

Notes to Editors:

Expro

Working for clients across the entire well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and best-in-class safety and service quality. The company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well integrity and intervention.

Founded in 1938, Expro has more than 6,500 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in approximately 60 countries with over 100 locations.

For more information, please visit: expro.com and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release, and oral statements made from time to time by representatives of the Company, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, subsea well access activity and delivering technical and operational regional requirements, and are indicated by words or phrases such as "anticipate," "outlook," "estimate," "expect," "project," "believe," "envision," "goal," "target," "can," "will," and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond our control. The factors that could cause actual results, performance or achievements to materially differ include, among others the risk factors identified in the Company’s Annual Report on Form 10-K, Form 10-Q and Form 8-K reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Expro – Hannah Rumbles +44 (0) 1224-796729

Combined company is a global leader in the space-based maritime data and analytics Industry

Spire gains approximately $18m ARR, 150+ customers, vast historical AIS database, and real-time data solutions

VIENNA, Va. & CAMBRIDGE, Ontario--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading provider of space-based data, analytics and space services, announced today it has successfully completed its previously announced acquisition of exactEarth Ltd. (TSX: XCT) (“exactEarth”), a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions, by way of a plan of arrangement (the “Arrangement”), following the completion of all closing conditions. The Arrangement, which was announced on September 14, 2021, was approved by exactEarth’s shareholders at a special meeting held on November 18, 2021 and exactEarth obtained a final order from the Ontario Superior Court of Justice (Commercial List) in respect of the Arrangement on November 22, 2021.

Under the terms of the transaction, Spire acquired all of the outstanding common shares of exactEarth (the “Shares”) through its wholly-owned indirect subsidiary Spire Global Canada Acquisition Corp. (the “Purchaser”) for CAD$2.5009 (approximately US$1.9592, based on the Bank of Canada’s CAD/USD exchange rate of 0.7834 on November 29, 2021) in cash and 0.1 share of Spire Class A common stock for each Share held. With the completion of the acquisition, exactEarth common shares will be de-listed from the Toronto Stock Exchange as of the close of trading on or about December 2, 2021.

“We are excited to welcome the exactEarth team to the Spire family. Together, we will continue to drive the digitalization of the maritime industry through providing our customers with innovative, actionable data solutions that have meaningful impact on businesses, society, and the planet,” said Peter Platzer, Spire’s Chief Executive Officer.

Now that the acquisition is complete, Spire will work with the exactEarth team to ensure a seamless experience for exactEarth’s 150+ customers, representing approximately $18 million in ARR. During Spire’s Q3 2021 earnings call, the Company gave guidance for its 2021 year-end of $48.6 million to $52.0 million in ARR and a range of 225 to 242 ARR solution customers. This guidance did not factor in the transaction. Over the coming months, the two teams will also be focusing on fostering a smooth transition for exactEarth’s experienced sales and product development team as well as the rapid integration of exactEarth’s historical database to accelerate artificial intelligence- and machine learning- driven product development.

“Our team has always strived to stay at the forefront of the maritime industry, providing our customers with timely data insights to best manage their businesses and missions,” said Peter Mabson, exactEarth’s Chief Executive Officer. “​Joining forces with Spire significantly extends our reach within the maritime industry and will allow us to offer a wider and richer set of advanced data and analytics to our customers around the world. We believe Spire’s fully-deployed constellation, expertise across multiple verticals, and cutting-edge proprietary technology position us well for growth sitting at the crest of the new space economy.”

exactEarth is now a fully-owned subsidiary of Spire and will continue to operate from Cambridge, Ontario, Canada under the leadership of Mr. Mabson, reporting directly to Mr. Platzer. As such, exactEarth will submit an application to cease to be a reporting issuer under applicable Canadian securities laws and to otherwise terminate exactEarth’s public reporting requirements.

The full impact of the transaction will be reflected in the guidance provided for FY 2022 during Spire’s Q4 2021 earnings call.

Required Early Warning Report Information

Following completion of the Arrangement, Spire has beneficial ownership and control over 100% of the issued and outstanding Shares. Prior to the Arrangement, the Purchaser held no Shares.

This press release is being issued, in part, pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers which requires a report to be filed under exactEarth’s profile on SEDAR (www.sedar.com) containing additional information respecting the foregoing matters. You may also contact Hillary Yaffe at This email address is being protected from spambots. You need JavaScript enabled to view it.¹ to obtain a copy of the report.

Information for exactEarth Shareholders

Registered holders of exactEarth shares are reminded that they must properly complete, sign and return the Letter of Transmittal, along with their share certificate(s), to Computershare Investor Services Inc., as depositary, in order to receive the cash and share consideration they are entitled to under the transaction. Holders of exactEarth common shares who hold their shares through a broker, investment dealer or other intermediary should carefully follow the instructions provided by such broker, investment dealer or other intermediary.

About Spire Global, Inc.

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

About exactEarth

Founded in 2009 and now fully-owned by Spire (NYSE: SPIR), exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions. The company maintains a sophisticated data infrastructure that collects and processes AIS data from its 60+ high performance payloads in-orbit, combines it with terrestrial data, and delivers it to customers in near real-time through one of its four subscription products. exactEarth has over 150 customers, including significant penetration within various governments. The company maintains an experienced and talented group of sales and product development personnel with deep maritime expertise. To learn more, visit https://www.exactearth.com/.

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and applicable Canadian securities laws, including quotes of management, Spire’s guidance for its full-year 2021 ARR and ARR solution customers, statements made about growing the maritime business, statements made about the timing of the de-listing of exactEarth shares, and statements regarding the anticipated benefits of the Arrangement. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern Spire’s and exactEarth’s expectations, strategy, plans or intentions. Spire’s and exactEarth’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including but not limited to: risks related to the expected benefits of Spire’s acquisition of exactEarth; the failure of the businesses (including personnel) to be integrated successfully after closing; the risk that revenue and adjusted EBITDA accretion or the expansion of Spire’s customer count, annual recurring revenue, services and product offerings and solutions will not be developed, realized or realized to the extent anticipated; uncertainty as to the market value of consideration to be paid in the transaction; the risk that following this transaction, Spire’s financing or operating strategies will not be successful; litigation in respect of either company or the transaction; disruption from the transaction making it more difficult to maintain customer, supplier, key personnel and other strategic relationships; the ability to maintain the listing of Spire’s securities on the New York Stock Exchange; the ability to address the market opportunity for Space-as-a-Service; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns, new entrants and a changing regulatory landscape in the highly competitive space data analytics industries, developments in and the duration of the COVID-19 pandemic and the resulting impact on business and operations and the business of customers and partners, including the economic impact of safety measures to mitigate the impacts of COVID-19; and the potential inability to manage effectively any growth experienced. The forward-looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described under the caption “Risk Factors” in Spire’s filings with the Securities and Exchange Commission (“SEC”), including Spire’s Proxy Statement/Prospectus/Information Statement, which was filed with the Securities and Exchange Commission on July 22, 2021, Spire’s Quarterly Report on Form 10-Q, which was filed with the SEC on November 10, 2021 and Spire’s Registration Statement on Form S-1 (Registration No. 333-259733) dated September 22, 2021 as filed with the SEC on September 23, 2021, and exactEarth’s reports filed on SEDAR, including the Information Circular in respect of the Arrangement, its Annual Information Form for the year ended October 31, 2020 and financial statements and related management’s discussion and analysis for the three and nine months ended July 31, 2021. The forward-looking statements in this communication are based on information available to Spire and exactEarth as of the date hereof, and Spire and exactEarth disclaim any obligation to update any forward-looking statements, except as required by law.

_____________________________

¹ Note: You can email This email address is being protected from spambots. You need JavaScript enabled to view it. or call 917-764-4297 for this information.

For Spire:

Hillary Yaffe
Head of Communications
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Eileen Askew
NMN Advisors
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For exactEarth:

Dave Mason
Investor Relations
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TUCSON, Ariz.--(BUSINESS WIRE)--#EV--Sion Power, a leading developer of next-generation rechargeable batteries, has entered into an agreement with Cummins, a global leader in the development of powertrains and powertrain-related components, to design and supply battery cells based on its proprietary Licerion^® Electric Vehicle (EV) lithium metal technology for commercial electric vehicle applications. In connection with the agreement, Cummins has made an investment in Sion Power.

Under the agreement, Sion Power will engage in a multi-year development program to design and supply large-format lithium metal battery cells for use in Cummins battery packs. The batteries developed by Cummins will be integrated in its electric powertrains for commercial vehicles.

Sion Power’s Chief Executive Officer, Tracy Kelley, said, “Sion Power’s Licerion^® is an enabling technology for the Cummins’ future electric commercial vehicle offerings. Cummins is an ideal partner for Sion Power to enable this next generation of electric mobility and significantly support the decarbonization of the transportation industry.”

Sion Power’s high-energy battery chemistry is an important component of Cummins’ roadmap to electrify the company’s commercial vehicle products. Based on Sion Power’s proprietary lithium-metal anode technology and incorporating its patented manufacturing process, the cell provides a robust, long-lasting rechargeable battery for Cummins’ demanding applications.

“Our customers rely on Cummins to provide the most robust electric powertrains in the world,” said Amy Davis, vice president at Cummins and president of the company’s New Power segment. “We need battery technologies that will meet the performance and cost expectations for tough, commercial vehicle duty cycles.”

About Sion Power

Sion Power advances the rechargeable battery industry with its Licerion^® technology. Licerion^® is an advanced approach to lithium-metal batteries containing twice the energy in the same size and weight battery, compared to a traditional lithium-ion battery. As a result, Licerion^® batteries have the potential to significantly enhance the performance of commercial and consumer electric vehicles. Visit Sion Power on the web at www.sionpower.com or follow on LinkedIn.

About Cummins Inc.

Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 57,800 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $1.8 billion on sales of $19.8 billion in 2020. Learn more at cummins.com.

Angela Kliever
Director of Marketing
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DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today welcomed the U.S. Department of Commerce’s (“Commerce”) affirmative preliminary determinations that urea ammonium nitrate (UAN) imports from Russia are unfairly subsidized at rates ranging from 9.66% to 9.84% and UAN imports from Trinidad and Tobago (“Trinidad”) are unfairly subsidized at a rate of 1.83%. Commerce made the determinations as part of countervailing duty (“CVD”) investigations that are being conducted in response to petitions filed by CF Industries through certain of its production facilities.

“Commerce’s preliminary determinations are an important step towards leveling the playing field for the U.S. UAN industry and its workers,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “We appreciate the hard work of the Commerce professionals who are handling these investigations, and look forward to participating in the post-preliminary phase.”

As a result of today’s determinations, Commerce will impose preliminary cash deposit requirements on imports of UAN from Russia and Trinidad, equivalent to the rates of unfair subsidization. Commerce is conducting concurrent antidumping (“AD”) investigations of UAN from Russia and Trinidad. Preliminary determinations in the AD investigations are expected in late January, which could lead to the imposition of additional preliminary cash deposit requirements.

Commerce initiated the CVD and AD investigations in July 2021 in response to the above-referenced petitions alleging that unfairly dumped and subsidized imports of UAN from Russia and Trinidad are injuring the U.S. UAN industry. Under U.S. law, both Commerce and the U.S. International Trade Commission (“ITC”) must make final affirmative determinations in order for Commerce to issue an AD/CVD order, which would remain in place for at least five years. Commerce and the ITC are expected to make final determinations in the summer of 2022.

About CF Industries Holdings, Inc.

At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently.

Media
Chris Close
Director, Corporate Communications
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Investors
Martin Jarosick
Vice President, Investor Relations
847-405-2045 – This email address is being protected from spambots. You need JavaScript enabled to view it.

• The solutions developed by the company already intervene in more than 110 GW of installed power.

SEVILLE, Spain--(BUSINESS WIRE)--Isotrol, a company which offers technology solutions to the energy sector, has succeeded in ensuring that its systems manage more than 100 GW of installed power. This figure not only includes its solutions to optimize the participation in the wholesale energy markets, but also to efficiently manage the generation assets, which are principally renewable.

The company has broken this record after implementing its technology in more than 450 generation plants this year, after consolidating its position in Europe, the United States and Latin America, and after entering in new markets in which it had not taken part before, such as Australia or Colombia.

“We are growing together with renewables and at the same time the energy transition is taking place”, explains Isotrol’s CEO, Beltrán Calvo. He conveys, “digitalization, by means of developments like ours, is crucial to achieve this change of model”.

For his part, Manuel Losada, COO, explains that “our technology is present from the generation to the energy commercialization, including its network integration”. As he details, this knowledge about the needs of the energy system is “a key feature that stands Isotrol out and allows us to be a long-standing technology partner”.

In this sense, Losada acknowledges that Isotrol does not only work with electrical companies, “which we have been accompanied for almost 40 years”, but also, he concludes that “in addition, we work with Oil and Gas companies and YieldCos, which are having a strong position in the renewable energies”.

About Isotrol

Isotrol develops technology solutions for the energy sector. It is specialized in improving the efficiency and profitability of the renewable energy plants and optimizing the participation in the wholesale energy markets. Isotrol came up as a company pioneer in monitoring and system control in 1984. Today, its systems intervene in more than 100 GW of installed power in 45 countries around the world.

Francisco Parra
Marketing Manager
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(+34) 955 036 800

AKRON, Ohio--(BUSINESS WIRE)--$BW #biomass--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced today that it has completed its previously announced acquisition of VODA A/S, a leading multi-brand aftermarket parts and service provider for energy plants in Scandinavia. The combined VODA A/S and B&W service business will be part of the company’s B&W Renewable segment, creating a platform for growth in renewable service in Europe.

“We are excited to enhance our renewable energy parts and service capabilities with this acquisition and welcome the VODA team to B&W,” said Kenneth Young, B&W Chairman and Chief Executive Officer. “VODA has experienced, customer-focused and knowledgeable employees and aligning this organization with B&W’s decades of experience, strong balance sheet and deep resources will make us an even stronger force, not only in the waste-to-energy and biomass-to-energy sectors in the European market, but also as we continue to expand our renewable service business to other energy and industrial customers.”

Christopher Nysted Sørensen, formerly the Chief Executive Officer of VODA, will be responsible for integrating the VODA team with B&W Renewable’s aftermarket service operations and leading the growth of this business.

B&W Renewable offers cost-effective technologies for efficient and environmentally sustainable power and heat generation for a variety of industries including waste-to-energy, biomass and biofuels, hydrogen, pulp and paper and solar. Its aftermarket service operations provide plant and engineering services, spare parts, outage support and management services regardless of original manufacturer.

About Babcock & Wilcox

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

Forward-Looking Statements

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the growth of B&W in the waste-to-energy and biomass-to-energy sectors in the European market, as well as the expansion of B&W’s renewable services business. 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:
Megan Wilson
Vice President, Corporate Development & Investor Relations
Babcock & Wilcox
704.625.4944 | This email address is being protected from spambots. You need JavaScript enabled to view it.

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

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the BofA Securities 2021 Virtual Leveraged Finance Conference. The conference is being held virtually on November 30th and December 1st.

The Partnership’s latest presentation materials are available and may be downloaded by visiting the Partnership’s website at www.genesisenergy.com under “Presentations” under the Investors tab.

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, onshore facilities and transportation and marine transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

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