KSI Alliance to provide integrated solutions from concept to EPC project delivery

VANCOUVER, British Columbia--(BUSINESS WIRE)--#carboncapture--Svante and Kiewit Energy Group Inc. have entered into a Memorandum of Understanding (MoU) to establish a strategic alliance to pursue industrial carbon capture projects under development by industrial carbon emitter clients in the U.S. and Canada including cement, SMR hydrogen, refineries, chemicals, steel, ammonia and pulp & paper facilities. The KSI Alliance will work as a highly collaborative, integrated team to offer clients a “one-stop-shop” common business development and construction approach from pre-construction services phase to engineering, procurement and construction (EPC) project delivery.

The carbon capture projects will employ Svante’s solid sorbent technology to capture carbon dioxides directly from industrial post-combustion diluted flue gases as a non-intrusive “end-of-the-pipe’’ solution to produce pipeline-grade pure CO₂ for safe storage.

“We are very proud to become the engineering and construction partner of Svante for the deployment of this novel technology, which allows us to leverage our expertise in building carbon capture plants”, said David Claggett, senior vice president, Kiewit Energy Group Inc. “New technologies have the greatest probability of success when deployed with an integrated project delivery approach by organizations skilled at driving cost and schedule certainty.”

“Kiewit is a market leader in North America for CCS deployment, having more than 5,500 tons/day of installed capacity to date with further 60,000 tons/day of FEED studies currently underway. Kiewit and Svante are ready and capable of taking the next phase of plant capacity scale-up on the path to decarbonization of hard-to-abate industries such as cement and blue hydrogen” said Claude Letourneau, President and CEO of Svante.

Through this collaboration, both companies intend to address the critical need of lowering the capital cost of the capture of the carbon dioxide emitted from industrial facilities in order to achieve the world’s net-zero carbon goals required to stabilize the climate. Leaders from industry, financial sectors and government agree on the enormity of the challenge and the critical need to deploy more than 2,000 carbon capture and carbon removal plants by 2040. This is equivalent of putting about two world-class plants into operation each week over the next 20 years.

About Svante

Svante offers companies in emissions-intensive industries a viable way to capture large-scale CO₂ emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO₂ directly from industrial sources at less than half the capital cost of existing solutions, Svante makes industrial-scale carbon capture a reality. Svante’s technology is currently being deployed in the field at pilot plant-scale by industry leaders in the energy and cement manufacturing sectors. The CO₂MENT Pilot Plant Project – a partnership between Lafarge (Holcim) and TotalEnergies – is operating a 1 tonne per day (TPD) plant in Richmond, British Columbia, Canada that will re-inject captured CO₂ into concrete, while the construction and commissioning of a 30 TPD demonstration plant was completed in 2019 at an industrial facility in Lloydminster, Saskatchewan, Canada. A 25 TPD demonstration plant is currently under design and construction at Chevron U.S.A. located near Bakersfield, California. In addition, several feasibility studies for commercial scale carbon capture projects ranging from 500 to 4,500 TPD are underway in North America and Europe.

Svante has partnered with Kiewit to provide engineering, procurement and construction (EPC) services for two US DOE funded carbon capture projects. On September 1, 2020, the United States Department of Energy’s National Energy Laboratory Technology (DOE-NETL) awarded $1,500,000 in federal funding for cost-shared development to support the initial engineering analysis and advancement of the LH CO2MENT Colorado first-of-a-kind commercial project of up to 1.5 million tonnes per year of CO₂; and $13,000,000 in federal funding for the cost-shared development to support the design, construction and operation of a second-of-a-kind engineering-scale carbon capture plant at Chevron’s Kern River oil field in the San Joaquin Valley, California.

Svante has attracted more than USD$195 million in investment since it was founded in 2007 including the recent CDN$25 million investment from the Government of Canada’s Strategic Innovation Fund. Svante is building scalable supply chain for active capture materials to address a broad carbon capture and removal solutions offering at Gigaton scale. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu, and Chairman Steven Berkenfeld, former Head of Industrial & Cleantech Practice at Barclays Capital. To learn more about Svante’s technology, click here or visit Svante’s website www.svanteinc.com, LinkedIn or Twitter (@svantesolutions).

About Kiewit

Kiewit is one of North America’s largest and most respected construction and engineering organizations. With its roots dating back to 1884, the employee-owned organization operates through a network of subsidiaries in the United States, Canada, and Mexico. Kiewit offers construction and engineering services in a variety of markets including transportation; oil, gas and chemical; power; building; water/wastewater; industrial; and mining. Kiewit had 2020 revenues of $12.5 billion and employs 27,000 staff and craft employees. For more information on Kiewit’s projects and carbon capture capabilities, click here or visit our website.

Svante
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NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP’s Climate Change Scores for 2021. Hess has earned Leadership status for 13 consecutive years from CDP, an international nonprofit organization that runs a global environmental disclosure system. This year, Hess is one of only two U.S. oil and gas producers to achieve Leadership status, scoring well above both the oil & gas extraction and production sector average and the overall North American regional average.

“CDP’s rating recognizes our leadership in climate related performance and disclosure,” said Alex Sagebien, Vice President, Environmental, Health and Safety. “Hess will continue to be guided by our longstanding commitment to sustainability as we help to meet the world’s growing need for affordable, reliable and cleaner energy.”

CDP scores are based on a company’s climate related governance, disclosure practices and management of risks. Ratings for the complete list of companies from around the world can be found at https://www.cdp.net/en/scores.

In addition, Newsweek just published its third annual ranking of America's Most Responsible Companies and once again included Hess. Of the 500 companies on the 2022 list, Hess is the highest ranked oil and gas producer. The ranking is based on an analysis of 2,000 public companies with U.S. headquarters by a research firm using an independent survey and publicly available key performance indicators for environmental, social and corporate governance. The complete list and methodology are available here.

For more information about sustainability at Hess, including annual Sustainability Reports, please visit www.hess.com/sustainability.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at www.hess.com.

Investors:
Jay Wilson, (212) 536-8940

Media:
Lorrie Hecker, (212) 536-8250
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SHEFFIELD, England--(BUSINESS WIRE)--SCF Partners (“SCF”) is pleased to announce its investment in Powerstar EMSc (UK) Ltd. (“Powerstar”), a leading provider of power resiliency, microgrids, and energy efficiency equipment to customers worldwide. Dr. Alex Mardapittas, Powerstar’s founder and CEO, will continue to serve in his current role as the company enters its next phase of growth.

Powerstar, headquartered in Sheffield, United Kingdom, designs and manufactures behind-the-meter hardware and software technologies that help commercial and industrial customers reach their net zero carbon goals. It has provided voltage optimization, power resiliency, energy storage, EV charging, and transformer equipment to customers on five continents worldwide. With a focus on helping clients solve unique energy problems affecting their business, Powerstar’s expertise enables a fully bespoke solution that meets the customer’s exact needs.

“We are very excited to enter the next phase of our ambitious growth plans, ” said Dr. Mardapittas. “The need for a resilient and efficient power supply has never been greater than today, and our partnership with SCF will allow us to build on the record growth that Powerstar has seen over the past year.”

“SCF is pleased to partner with Powerstar and its exceptional technical team,” added Colin Welsh, International Partner at SCF. “Powerstar’s customized technology solutions that enable customers to reduce power costs while improving reliability and mitigating their carbon footprint will only grow in importance as the grid becomes more volatile and the global economy works to achieve net zero goals.”

About Powerstar

Founded in 2001 and headquartered in Sheffield, United Kingdom, Powerstar is a market-leading smart energy solutions provider. It designs and manufactures power resilience technologies that protect customer operations from disruption while enabling net zero goals. Powerstar’s highly capable technical team uses modelling and simulation capabilities to create a digital twin of the customer’s site, ensuring that its customized solution will perform reliably. Powerstar supports commercial and industrial users in the manufacturing, healthcare, data centre, retail & distribution, defence, and public sectors. To learn more, visit www.powerstar.com.

About SCF Partners

Founded in 1989, SCF provides equity capital and strategic growth assistance to build leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 70 platform companies and made more than 400 additional acquisitions to develop 17 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Calgary, Singapore, and Aberdeen. Learn more at www.scfpartners.com.

Dr. Alex Mardapittas
Chief Executive Officer
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Acquisition will support growth strategy of perimeter security infrastructure provider

TORONTO & BOSTON--(BUSINESS WIRE)--Northleaf Capital Partners (“Northleaf”) and AVALT today announced the acquisition of AMAROK, LLC (“AMAROK” or the “Company”), a leading provider of contracted perimeter security infrastructure solutions in the United States. Funds managed by Northleaf and AVALT have together acquired a majority interest in AMAROK with the Company’s management team retaining a minority interest.

AMAROK installs, operates, monitors and maintains solar-powered electric fences and perimeter security solutions on commercial and industrial properties. The Company operates approximately 5,000 installed sites under ongoing service and maintenance agreements for customers across a diverse set of industries in every state in the continental United States.

“We are excited by the opportunity to work with Northleaf and AVALT. We know they support our vision to be the leading perimeter security provider in North America,” said Mark Wesley, CEO of AMAROK. “Our business is focused on providing solutions that protect our customers’ assets and inventory by stopping crime before it happens. Northleaf and AVALT are the right long-term partners to help us scale our business and increase the number of properties we secure.”

“We are thrilled to partner with the management team at AMAROK and Northleaf to drive the next wave of growth,” said Marko Kivisto, Partner and Co-founder of AVALT. “AMAROK’s security solutions are truly unique and valuable. The consistent performance of the Company over many decades speaks to both the quality and durability of the business, the large opportunity to reinvest in the business to continue to drive growth, and the exceptional leadership team. We couldn’t be more excited.”

“We're delighted to partner with a world-class management team at AMAROK and AVALT to build upon the Company’s market leadership position of providing customers essential and effective security solutions,” said Jared Waldron, Managing Director at Northleaf. “AMAROK’s existing and diversified installed base underpins a resilient, long-term and contracted cashflow profile that is an excellent fit with our mid-market infrastructure strategy that focuses on stable businesses with strong downside protection.”

Financial terms of the transaction were not disclosed. AMAROK was advised on the transaction by Piper Sandler Companies, Raymond James & Associates, Inc. and Weil, Gotshal & Manges LLP. Northleaf and AVALT were advised by Ropes & Gray LLP and Alvarez & Marsal Holdings, LLC. Golub Capital LLC provided debt financing for the transaction.

About AMAROK

AMAROK™ is a full-perimeter security company based in Columbia, South Carolina, that provides service throughout the United States. Specializing in electric fencing on commercial properties, AMAROK also provides supplemental surveillance solutions, including cameras, lights and alarms. Together, they form the ultimate crime prevention solution for any business. For more information on AMAROK, visit www.amarok.com.

About AVALT

AVALT is a family office that invests only its own principals' capital in high quality companies that have significant long-term potential. AVALT builds truly collaborative partnerships with management teams in order to lend their decades of private equity and industry experience to driving growth and change in their businesses. AVALT’s permanent and flexible capital then supports those companies as they achieve their full potential, without regard to any fund structure or fixed time horizon. For additional information, visit www.avalt.com

About Northleaf Capital Partners

Northleaf Capital Partners is a global private markets investment firm with more than US$18 billion in private equity, private credit and infrastructure commitments under management on behalf of public, corporate and multi-employer pension plans, endowments, foundations, financial institutions and family offices. Northleaf’s team of more than 160 professionals, located in Toronto, Chicago, London, Melbourne, Menlo Park, Montreal and New York, is focused exclusively on sourcing, evaluating and managing private markets investments globally. Its portfolio includes over 400 active investments in 40 countries, with a focus on mid-market companies and assets. For more information on Northleaf, please visit www.northleafcapital.com.

Northleaf
Nadine Cannata
Director, Communications
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AVALT
Alec MacDonell
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AMAROK
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SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (“Southwestern Energy”) (NYSE: SWN) today announced the proposed underwritten block trade (the “Offering”) of 63,976,376 shares of its common stock (the “Common Stock”) by certain shareholders who received their shares as part of Southwestern Energy’s acquisition of Indigo Natural Resources LLC (the “Selling Stockholders”). The shares will be offered from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale. Southwestern Energy will not sell any shares of its Common Stock in the Offering and will not receive any proceeds from the sale by the Selling Stockholders of shares of their Common Stock.

J.P. Morgan Securities LLC is acting as the sole book-running manager for the Offering. The Offering is being made pursuant to an effective shelf registration statement, which has been filed with the Securities and Exchange Commission (the “SEC”) and became effective May 22, 2020. The Offering will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained on the SEC’s website at www.sec.gov.

Alternatively, J.P. Morgan Securities LLC will arrange to send you the preliminary prospectus supplement and related base prospectus if you request them by contacting:

J.P. Morgan Securities LLC
Attention: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions
1155 Long Island Avenue, Edgewood, NY 11717
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Phone at 1-866-803-9204

This news release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Southwestern Energy

Southwestern Energy is a leading U.S. producer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation’s most prolific shale gas basins. Southwestern Energy’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its scale, financial strength and operational execution.

Forward-Looking Statements

Certain statements and information in this news release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, as amended. Forward-looking statements relate to future events, including, but not limited to statements regarding the Offering, including the size thereof. The words “believe,” “expect,” “anticipate,” “plan,” “predict,” “intend,” “seek,” “foresee,” “should,” “would,” “could,” “attempt,” “appears,” “forecast,” “outlook,” “estimate,” “project,” “potential,” “may,” “will,” “likely,” “guidance,” “goal,” “model,” “target,” “budget” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Statements may be forward looking even in the absence of these particular words. Where, in any forward-looking statement, Southwestern Energy expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. We do not intend to publicly update or revise any forward-looking statements as a result of new information, future events, changes in circumstances, or otherwise. These cautionary statements qualify all forward-looking statements attributable to us, or persons acting on our behalf. Management cautions you that the forward-looking statements contained herein are not guarantees of future performance, and we cannot assure you that such statements will be realized or that the events and circumstances they describe will occur. Factors that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements herein include, but are not limited to: closing the GEPH Merger, the timing and extent of changes in market conditions and prices for natural gas, oil and natural gas liquids (“NGLs”), including regional basis differentials and the impact of reduced demand for our production and products in which our production is a component due to governmental and societal actions taken in response to COVID-19 or other public health crises and any related company or governmental policies and actions to protect the health and safety of individuals or governmental policies or actions to maintain the functioning of national or global economies and markets; our ability to fund our planned capital investments; a change in our credit rating, an increase in interest rates and any adverse impacts from the discontinuation of the London Interbank Offered Rate; the extent to which lower commodity prices impact our ability to service or refinance our existing debt; the impact of volatility in the financial markets or other global economic factors; difficulties in appropriately allocating capital and resources among our strategic opportunities; the timing and extent of our success in discovering, developing, producing and estimating reserves; our ability to maintain leases that may expire if production is not established or profitably maintained; our ability to transport our production to the most favorable markets or at all; the impact of government regulation, including changes in law, the ability to obtain and maintain permits, any increase in severance or similar taxes, and legislation or regulation relating to hydraulic fracturing, climate and over-the-counter derivatives; the impact of the adverse outcome of any material litigation against us or judicial decisions that affect us or our industry generally; the effects of weather; increased competition; the financial impact of accounting regulations and critical accounting policies; the comparative cost of alternative fuels; credit risk relating to the risk of loss as a result of non-performance by our counterparties; and any other factors listed in the reports we have filed and may file with the SEC that are incorporated by reference herein. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

Investor Contact
Brittany Raiford
Director, Investor Relations
(832) 796-7906
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 Together, the companies will explore membrane manufacturing, mass production and testing capabilities for the BASF Celtec® membrane for high temperature PEM fuel cells.

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) and BASF New Business GmbH ("BASF") recently signed a Memorandum of Understanding (MoU). The agreement aims to develop and increase the manufacturing scale of advanced fuel cell membranes designed for long-term operations under extreme conditions. BASF intends to improve the long-term stability of its Celtec® membrane and to increase production capacity with advanced technical capabilities to enable further improved and competitive Advent fuel cell systems and membrane electrode assembly (MEA).

Under the agreement the two companies will explore the implementation of high-volume manufacturing for the Celtec® membranes, utilize Advent’s fuel cell stack and system testing facilities to assess and qualify the new Celtec® membrane for the SereneU (telecom power), M-ZERO, (methane emissions reduction), and Honey Badger (portable power, defense) Advent product families. Furthermore, BASF supports the realization of large-scale Important Projects of Common European Interests (IPCEIs) White Dragon and Green HiPo (pending EU approval), through materials for power generation, hydrogen generation, and power storage. The goal of the two projects as submitted by Advent and the White Dragon consortium of companies is to replace Greece’s largest coal-fired power plants with renewable solar energy parks, which will be supported by CO₂-free hydrogen production (4.65GW), and fuel cell heat and power production (400MW). In addition, BASF will also evaluate the producibility of the ion pair membrane developed in collaboration by Advent and the US Department of Energy.

Advent Technologies’ Chairman and CEO Dr. Vasilis Gregoriou commented, “The MEA is the heart of the fuel cell, determining the overall system performance. Our high temperature polymer electrolyte membrane-based MEA is a critical component used in fuel cells and other electrochemistry applications such as CO₂-free hydrogen production, and energy storage. The agreement with BASF advances our vision to accelerate electrification through advanced materials, components, and next-generation fuel cell technology and to support industries in decarbonizing at a faster rate.”

Dr. Frank Prechtl, BASF’s Director Business Build-up Energy Management noted, “BASF is a front-runner in offering our customers a portfolio of products with lower carbon footprints to help our customers to reach their climate goals. Our Celtec® technology is an enabler for Advent’s ambition for innovative fuel cell and hydrogen technologies. We can contribute with our ability to scale-up capacities for the membrane to support Advent.”

Advent, an innovation-driven leader in the fuel cell and hydrogen technology space, has substantial experience in the development of high-temperature PEM fuel cell systems namely for stationary and portable applications as well as critical components such as MEAs and Gas Diffusion Electrodes (GDEs). Advent is working to increase the performance and scope of its products to satisfy the requirements of its customers and to address new applications. BASF has substantial experience in the manufacturing and development of proton-conducting membranes, GDEs, HT-PEM-MEAs and the pertinent chemicals, catalysts, and compositions for their application in hydrogen separation and fuel cells. BASF is constantly improving the quality, robustness and performance of its products to support growth in fuel cell systems applications.

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems, and the critical components for fuel cells in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With more than 100 patents issued for its fuel cell technology, Advent holds the IP for next-generation HT-PEM that enable various fuels to function at high temperatures under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance our corporate reputation and brand; expectations concerning our relationships and actions with our technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in our Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 20, 2021, as well as the other information we file with the SEC. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

Media Contacts

Advent Technologies Holdings, Inc.
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DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, announced today that its Board of Directors has declared a quarterly cash dividend as part of the initiation of a recurring quarterly dividend program. The initial quarterly dividend of $0.15 per share will be paid on January 21, 2022 to stockholders of record as of January 5, 2022. The Company intends to increase its dividend per share by a double-digit percentage annually.

Capital Allocation Policy
AECOM’s capital allocation policy is built on a commitment to return substantially all available cash flow to stockholders. The initiation of a quarterly dividend program is consistent with the Company’s capital allocation policy and complements the Company’s expected ongoing share repurchase program.

“The initiation of a quarterly dividend payment with the intent to increase it by double digits annually is a significant milestone in our history that affirms our ongoing intention to consistently return capital to our stockholders,” said Troy Rudd, AECOM’s chief executive officer. “Today’s announcement reflects the confidence we have in our operating performance and outlook for organic growth, the strength of our balance sheet, and our expectation for continued compounding of earnings at a high rate and strong free cash flow. We intend to continue to repurchase stock as part of our capital allocation program, with dividends complementing repurchases as we seek to enhance total shareholder return and attract the broadest investor base possible.”

AECOM also reiterated its financial guidance for fiscal 2022, which includes its expectation for adjusted¹ EPS of between $3.20 and $3.40 and adjusted¹ EBITDA² of between $880 and $920 million, as well as another year of strong free cash flow³ between $450 million and $650 million. In addition, the Company reiterated its long-term financial targets, including its expectation for adjusted¹ EPS of at least $4.75 in fiscal 2024, which reflects the raised guidance provided on the Company’s fourth quarter earnings announcement. This guidance also includes an expectation for a 15% segment adjusted¹ operating margin⁴ by fiscal 2024, and continued high conviction in delivering on its 17% longer-term margin goal.

The declaration and payment of future dividends are subject to the sole discretion of the Board of Directors.

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; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure and power construction businesses, 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.

Non-GAAP Financial Information
This press release contains financial information calculated other than in accordance with U.S. generally accepted accounting principles (“GAAP”). The Company believes that non-GAAP financial measures such as adjusted EPS, adjusted EBITDA, and free cash flow provide a meaningful perspective on its business results as the Company utilizes this information to evaluate and manage the business. We use adjusted EBITDA and adjusted EPS to exclude the impact of non-operating items, such as amortization expense, taxes and non-core operating losses to aid investors in better understanding our core performance results. We use free cash flow to represent the cash generated after capital expenditures to maintain our business.

Our non-GAAP disclosure has limitations as an analytical tool, should not be viewed as a substitute for financial information determined in accordance with GAAP, and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP, nor is it necessarily comparable to non-GAAP performance measures that may be presented by other companies. A reconciliation of these non-GAAP measures is found in the Regulation G Information tables at the back of this release. The Company is unable to reconcile its non-GAAP long-term financial targets due to uncertainties in these non-operating items as well as other adjustments to net income.

Media:
Brendan Ranson-Walsh
Vice President, Global Communications & Corporate Responsibility
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Investors:
Will Gabrielski
Senior Vice President, Finance & Treasurer
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Productivity and Innovation to Drive Profit Growth Across All 3 BUs

Targeting Doubling of Nutrition Profitability to Range of $1.25B-$1.5B by 2025

Continued Focus on Returns; Targeting $1B EVA by 2025, Propelling Value Creation for Shareholders

Balanced Capital Allocation Strategy, Including Potential $5B in Share Repurchases Over Plan Horizon

New Goal to Reduce Scope 3 GHG Emissions 25% by 2035

CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM), a global leader in nutrition and agricultural origination and processing, hosted its 2021 Global Investor Day, unveiling a comprehensive plan to drive continued earnings growth to $6.00-$7.00 per share by 2025.

“We delivered on the commitments we laid out at our last investor day: building a better ADM, dampening volatility of earnings and cash flows, and expanding base earnings by almost 50% from $3.00 to our new normalized baseline of $4.50 per share,” said Chairman and CEO Juan Luciano. “Now, with a premier Nutrition business and a repositioned portfolio that is well-aligned with enduring global trends, we’re powering strong, high single-digit percentage annualized earnings growth toward our new target milestone target of $6.00-$7.00 per share by 2025.”

The company detailed a five-year plan with targets including:

• Net incremental operating profit growth of $1.2B, which translates to high single-digit percentage EPS growth from a current normalized baseline of $4.00-$4.50 per share to a new baseline of $6.00-$7.00 by 2025.
• Growth across all three business units, with Nutrition targeting $1.25-$1.5B in operating profit by 2025.
• A consistent and strong framework for shareholder value creation, including a continued dividend payout ratio of 30-40% of earnings, and about $5B in share repurchases, absent significant other uses of cash.
• A continued target of 10% return on invested capital, significantly above the company’s long-term weighted average cost of capital of 7%, and generating $1B in EVA (economic value-add).

The company also announced that, in addition to its existing Strive 35 goals, which set forth ambitious reduction targets for energy and water use, trash to landfills, and Scope 1 and 2 greenhouse gas emissions, ADM will reduce Scope 3 greenhouse gas emissions by 25% by 2035 from a 2019 baseline.

“We’re committed to continuing to lead in the decarbonization of our industry, and thanks to our broad and integrated value chain, ADM is uniquely positioned to help customers meet their sustainability commitments,” Luciano said. “We’ve worked to enhance sustainable farming practices on more than 13 million acres over the years, and we’re continuing to expand our efforts. We introduced the industry’s first carbon-neutral milling footprint, and thanks to our carbon capture and storage capabilities, we’ve safely and permanently stored more than 3.5 million metric tons of CO2 a mile and a half under the surface of the earth. Sustainability is core to our culture and our business plan, and with the announcement of our new Scope 3 goal today, we’re continuing to deliver change.”

In addition to a five-year growth plan and new sustainability initiatives, ADM leaders detailed a compelling pipeline of opportunities that will boost growth beyond 2025.

“ADM has dynamically positioned its business portfolio for superior performance reinforced by the three enduring macro trends of food security, health and well-being, and sustainability,” Luciano continued. “From differentiation and digitalization in Ag Services & Oilseeds, to decarbonization and our growing BioSolutions platform in Carbohydrate Solutions, to continued market growth in Health & Wellness in Nutrition, we’re unlocking opportunities that should push us to the high end of our target $6.00-$7.00 EPS range by 2025, and more importantly will position us for sustained growth for years to come.”

To view a replay of ADM’s 2021 Global Investor Day, go to www.adm.com/investorday.

Forward-Looking Statements

Some of the above statements constitute forward-looking statements. ADM’s filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, ADM assumes no obligation to update any forward-looking statements.

About ADM

At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.

Source: Corporate Release

ADM Media Relations
Jackie Anderson
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312-634-8484

BUFFALO, N.Y.--(BUSINESS WIRE)--$ROCK #ROCK--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, today issued its inaugural Corporate Social Responsibility (CSR) Report.

“I am very proud of the progress we are making and the momentum building throughout our organization to create a safer work environment across our operations, to expand the experience base and diversity of our team, and to identify opportunities to improve our environmental impact,” President and Chief Executive Officer Bill Bosway stated. “And, as always, I am excited to share the positive contributions our team makes to the communities where our people and their families call home.”

The report presents the Company’s CSR results through numerous topics that reflect the priorities of Gibraltar’s key stakeholders. The topics span every aspect of Gibraltar’s CSR commitment:

Our People – Create the best environment to cultivate a culture of difference-makers
Our Communities – Share our success with the communities where we live and work
The World – Act responsibly to create positive, lasting change in our world

The CSR Report includes:

• Information about products and services making a positive impact on the world while supporting comfortable living, sustainable power, and productive growing
• Results from the Company’s first ever CSR priority assessment
• Organizational development including safety, education, and diversity & inclusion
• Disclosures in response to the Task Force on Climate-related Financial Disclosures (TCFD) reporting requirements

Access the Gibraltar CSR Report and learn more about Gibraltar’s commitment to making a positive impact and doing the right thing at: https://www.gibraltar1.com/social-responsibility/.

About Gibraltar

Gibraltar Industries is a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets. With a three-pillar strategy focused on business systems, portfolio management, and organization and talent development, Gibraltar’s mission is to create compounding and sustainable value with strong leadership positions in higher growth, profitable end markets. Gibraltar serves customers primarily throughout North America. Comprehensive information about Gibraltar can be found on its website at www.gibraltar1.com.

Forward-Looking Statements

Certain information set forth in this news release, other than historical statements, contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are based, in whole or in part, on current expectations, estimates, forecasts, and projections about the Company’s business, and management’s beliefs about future operations, results, and financial position. These statements are not guarantees of future performance and are subject to a number of risk factors, uncertainties, and assumptions. Actual events, performance, or results could differ materially from the anticipated events, performance, or results expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from current expectations include, among other things, the impacts of COVID-19 on the global economy and on our customers, suppliers, employees, operations, business, liquidity and cash flows, other general economic conditions and conditions in the particular markets in which we operate, changes in customer demand and capital spending, competitive factors and pricing pressures, our ability to develop and launch new products in a cost-effective manner, our ability to realize synergies from newly acquired businesses, and our ability to derive expected benefits from restructuring, productivity initiatives, liquidity enhancing actions, and other cost reduction actions. Before making any investment decisions regarding our company, we strongly advise you to read the section entitled “Risk Factors” in our most recent annual report on Form 10-K which can be accessed under the “SEC Filings” link of the “Investor Info” page of our website at www.gibraltar1.com. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable law or regulation.

LHA Investor Relations
Jody Burfening/Carolyn Capaccio
(212) 838-3777
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Expands Valicor’s Wastewater Treatment and Recycling Platform in Texas and Arkansas

MONROE, Ohio--(BUSINESS WIRE)--Valicor Environmental Services (“Valicor”), North America’s largest provider of non-hazardous wastewater treatment and recycling services, today announced it has acquired ASI Environmental Services (“ASI”). With this acquisition, Valicor further expands its network of processing facilities in Texas and establishes a foothold in the Arkansas market.

Based in Texarkana, Tex., ASI provides a comprehensive suite of environmentally-focused non-hazardous wastewater treatment services, including wastewater disposal, vacuum truck services and fuel processing services. The Company operates one full-service centralized wastewater treatment (“CWT”) facility in Texarkana and two waste transfer facilities in Texas and Arkansas. With the addition of ASI, Valicor now operates 25 facilities across 14 states and recycles more than 300 million gallons of wastewater annually.

Steve Hopper, CEO of Valicor, said, “We are pleased to partner with ASI as we expand our leading network of wastewater treatment facilities in Texas and Arkansas. Together with ASI’s talented team, we will be able to better service ASI’s customers and expand our coverage area for existing Valicor customers.”

“Valicor continues its expansion as we strive to build a nationwide footprint,” said Bill Hinton, Senior Advisor of Corporate Development at Valicor. “We’ve known Richard for years and believe that ASI’s commitment to sustainability-focused wastewater processing is a great fit with Valicor.”

Richard Norton, Founder and CEO of ASI Environmental Services, added, “We believe that Valicor is the right partner for ASI’s next chapter of growth. Our companies share a strong commitment to environmental stewardship and both teams are guided by our customer-centric approach. We are confident that our partnership with Valicor will provide even greater value for our customers.”

Valicor is part of the Pritzker Private Capital family of companies. Valicor’s acquisition strategy focuses on acquiring CWT facilities and other providers of environmental services, including solidification, waste-to-energy, product destruction and related services.

Anthony Cardona, Principal at Pritzker Private Capital, commented, “ASI is a highly strategic addition for Valicor. With ASI’s team and facilities, Valicor strengthens its service offering to our customers and reaches a growing customer base in Texas and Arkansas. We look forward to welcoming ASI and its team to the Valicor and Pritzker Private Capital families.”

About Valicor

Valicor is the largest provider of non-hazardous wastewater treatment services in North America. Leveraging its extensive fleet of tankers and a network of strategically located centralized wastewater treatment (“CWT”) facilities, the Company transports and processes a diverse set of wastewater streams that result from the manufacture of industrial and consumer goods. The Company’s mission-critical services allow customers to meet federal, state, and local regulations by safely and responsibly disposing of oily water, leachate, soaps, line flush waste, and similar waste streams and it also provides a diverse set of landfill solidification, product destruction, and retail oil services. As an ISO 14001 certified organization, Valicor takes great pride in its environmental compliance process.

About ASI Environmental Services

ASI Environmental Services (ASI) is a leading provider of non-hazardous wastewater treatment services. Based in Texarkana, Texas, the company operates one CWT facility, two additional transfer facilities in Little Rock and Dallas and employs 28 employees. ASI is the environmental services company that industry has come to rely on for all their non-hazardous liquid waste needs. ASI provides quality products and services that help ensure the safety of your workforce, your customers and your environment. For more information, visit asicompanies.com.

About Pritzker Private Capital

Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur-and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.

Dan Scorpio, Abernathy MacGregor
Phone: 312-640-3111
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• Lightning eMotors signs two-year agreement to purchase 175 megawatt-hours (MWh) of CATL battery products
• CATL products chosen due to their proven track record for safety, reliability, and long life-cycle
• Agreement further diversifies Lightning eMotors’ battery pack options, enhancing the company’s ability to produce and deliver new vehicles at a faster pace
• Lightning eMotors working with CATL and CSI to design and install contactor safety switch systems on C- and G-battery pack, exclusive to Lightning eMotors
• Vehicle production with CATL packs is expected to begin in March 2022

LOVELAND, Colo.--(BUSINESS WIRE)--$ZEV #CATL--Lightning eMotors (NYSE: ZEV), a leading provider of medium- and heavy-duty specialty commercial electric vehicles for fleets, has reached an agreement to supply battery products produced by Contemporary Amperex Technology Co. Limited (“CATL”), a global leader of new energy innovative technologies.

The two-year agreement with CATL distributor Coulomb Solutions, Inc. (CSI) provides Lightning eMotors with additional optionality around form factor. Having several battery size and shape options enables Lightning to address a variety of use cases and better meet customer requirements, which is critical to their goal of providing highly customized zero-emission commercial vehicles.

"CATL has a proven lineup of battery pack configurations that will provide us with additional flexibility for our wide range of medium- and heavy-duty zero-emission commercial electric vehicles,” said Chelsea Ramm, Lightning eMotors’ vice president of global supply chain. “CATL’s mature product portfolio, combined with our existing and ongoing partnerships, provides us with several efficient battery pack options as we work with customers to configure the right vehicles to fit their needs.”

CATL battery products will be available to Lightning in two pack options – a 30 kWh battery and 35 kWh battery – for a total of more than 175 megawatt-hours of battery capacity.

Additionally, Lightning eMotors is working with CATL and CSI to design and install contactor safety switch systems on CATL C- and G-battery packs that will be exclusive to Lightning-eMotors. These switch systems will allow first responders to easily disable the vehicle’s entire EV powertrain in the event of an accident.

Production of vehicles using CATL battery packs is expected to begin in March and will help Lightning eMotors fulfill a wide range of customer orders in 2022.

“This new partnership with CSI providing CATL’s advanced battery systems represents a significant step forward with our battery sourcing plan and provides us with an even greater ability to quickly provide our customers with zero-emission vehicles that meet their expectations,” said Lightning eMotors CEO Tim Reeser. “CATL has established itself as a respected industry leader, and our exclusive safety feature innovations mean Lightning eMotors customers are getting unique and best-in-class vehicles.”

About Lightning eMotors

Lightning eMotors (NYSE: ZEV) has been providing specialized and sustainable fleet solutions since 2009, deploying complete zero-emission-vehicle (ZEV) solutions for commercial fleets since 2018 – including Class 3 cargo and passenger vans, ambulances, Class 4 and 5 cargo vans and shuttle buses, Class 4 Type A school buses, Class 6 work trucks, Class 7 city buses, and Class A motor coaches. The Lightning eMotors team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs with a full suite of control software, telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency. To learn more, visit our website at https://lightningemotors.com.

About Contemporary Amperex Technology Co., Limited

Contemporary Amperex Technology Co., Limited (CATL) is a global leader in new energy technology innovation, committed to providing premier solutions and services for new energy applications worldwide. In June 2018, the company went public on the Shenzhen Stock Exchange with stock code 300750. According to SNE Research, in the year 2020, CATL’s EV battery consumption volume ranked No. 1 in the world for four consecutive years. CATL also enjoys wide recognition by global OEM partners. To achieve the goal of realizing fossil fuel replacement in stationary and mobile energy systems with highly efficient electrical power systems that are generated through advanced batteries and renewable energy, and promote the integrated innovation of market applications with electrification and intelligentization, CATL maintains continuous innovation in four dimensions including battery chemistry system, structure system, manufacturing system and business models. For more information, please visit https://www.catl.com/en/.

About Coulomb Solutions Inc. (CSI)

CSI provides high quality, proven components to the North American commercial electric vehicle market at wholesale prices. The company’s goal is to enable rapid adoption of electric drive systems in commercial trucks, buses, vans, locomotives and marine applications. As its cornerstone, CSI is the authorized North American distributor of commercial vehicle batteries for CATL, the largest Li-Ion battery designer and manufacturer in the world. CATL’s batteries currently power over 350,000 buses and trucks in daily operation in demanding environments and terrain with some of the largest commercial fleets. CSI also has a line of highly proven accessory components for commercial electric vehicles including battery heating and cooling systems, electric air conditioning compressors, electric cab heaters, electric steering pumps, electric air compressors for braking, accessory inverters and onboard AC and fast DC Chargers. See how CSI is enabling commercial vehicle electrification on our web site at www.coulombsolutions.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Such forward-looking statements include, but are not limited to, statements regarding the anticipated types of battery packs and kilowatt-hours of battery capacity to be provided under Lightning eMotors’ agreement with CATL/CSI, whether the agreement will further Lightning’s ability to install a contactor safety switch system on some or all battery packs, the potential impact on Lightning eMotors’ ability to meet its customers’ expectations, the expected production date for the battery packs or delivery date for customer orders, and its expectations, hopes, beliefs, intentions, plans, prospects or strategies regarding the future business plans of Lightning eMotors. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by the management of Lightning eMotors in light of their respective experience and perception of historical trends, current conditions and expected future developments and their potential effects on Lightning eMotors as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting Lightning eMotors will be those anticipated. These forward-looking statements contained in this press release are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and other factors include, but are not limited to: (i) the actual number of batteries received from CATL under our agreement and their successful integration into our products, (ii) those related to our operations and business and financial performance; (iii) our ability to execute on our business strategy and grow demand for our products and our revenue; (iv) our ability to maintain the supply of necessary components from third-party suppliers; (v) the potential severity, magnitude and duration of the COVID-19 pandemic as it affects our business operations, global supply chains, financial results and position and on the U.S. and global economy; (vi) current market conditions and federal, state, and local laws, regulations and government incentives, particularly those related to the commercial electric vehicle market; (vii) the size and growth of the markets in which we operate; (viii) the mix of products utilized by our customers and such customers’ needs for these products; and (ix) market acceptance of new product offerings and whether this will be a catalyst for others to purchase electric vehicles. Moreover, we operate in a competitive and rapidly changing environment, and new risks may emerge from time to time. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Should one or more of these risks or uncertainties materialize or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Lightning eMotors news media contact:
Nick Bettis
(800) 223-0740
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BROOKFIELD, Wis.--(BUSINESS WIRE)--REV Group, Inc. (NYSE: REVG) which includes companies that manufacture Horton^®, AEV^®, Road Rescue^®, Wheeled Coach^® and Leader^® brand ambulances, announces several recent agreements that expand the prospects of alternative fuel-powered ambulances in the U.S. and abroad. The agreements include sales to the nation’s largest private medical transport company, American Medical Response (AMR); Hamad Medical Corporation (HMC), Qatar’s premier not-for-profit health care provider; and an expansion of the U.S. General Services Administration (GSA) contract to provide electric ambulances to federal agencies.

“Our vision is to deliver specialty vehicles with alternative fuel solutions, including Battery Electric Vehicles (BEV), that can help improve the quality of life for our customers and communities,” said Anoop Prakash, President, REV Ambulance Group. “We are committed to lead the industry in this transition to electric ambulances to meet the diverse needs of our customers, by leveraging our partnerships with companies such as ACETECH and Lightning eMotors.”

AMR Awards Electric Ambulance Order to a REV Group Company

American Medical Response (AMR), the nation’s leading provider of medical transportation, and its parent company, Global Medical Response (GMR), have purchased five state-of-the-art electric ambulances from a REV Ambulance Group company, with an option to purchase 25 more electric ambulances under the arrangement. The first vehicles for AMR are expected to be completed in April 2022 and will be delivered to five communities in California. This purchase represents one of the first Battery Electric ambulance orders from a major EMS provider in the U.S.

Ted Van Horne, Chief Operating Officer of GMR, said the company actively supports sustainable technology, and looks forward to getting these units into operation. “As sustainable technology for the transportation industry expands, we are excited to work with REV Group companies to bring that to our ambulance operations in the U.S.”

A REV Group Company Delivers Electric Ambulance to Hamad Medical Corporation in Qatar

Additionally, Hamad Medical Corporation (HMC), Qatar’s premier not-for-profit health care provider, which operates the national ambulance service, is conducting an operational trial of a state-of-the-art, zero-emissions Battery Electric Type II ambulance. The ambulance was completed at Leader’s facility in South El Monte, California in partnership with ACETECH and Lightning eMotors.

“Hamad Medical Corporation operates one of the most advanced ambulance services in the world. We are excited to bring ground-breaking technologies to their fleet in support of the Qatar 2030 vision for a sustainable society”, said Prakash.

GSA Modifies Contract with a REV Group Company to Include Electric Ambulances

In addition, REV Ambulance Group Orlando, Inc, a subsidiary of REV Group, Inc., announces its contract with the GSA has been amended to include zero-emissions Battery Electric ambulances from Wheeled Coach^® and Leader^®.

The addition of zero-emissions ambulances to the GSA contract is well-timed, with the recent passing of the federal infrastructure bill that contained significant investments in support of electric vehicles. GSA is the only source for non-tactical vehicles purchased by federal agencies in the United States. Agencies with access to this contract include the Department of Defense, the Department of Energy, the Veterans Health Administration, the National Park Service, and the Indian Health Services.

The ambulances for the above agreements are High Roof Ford T350 Transits, powered by Lightning eMotors, with 86kWh of battery capacity that can be charged via Level 2 AC charging or DC fast charging. The high roof and added length of the T350 increases the patient care space.

“We’re thrilled to partner with REV Group, combining their best-in-class ambulances with our best-in-class zero emissions powertrains,” said Tim Reeser, CEO and Co-Founder of Lightning eMotors. “We share REV's vision that electric vehicles which transport our first responders and patients are a vital part of the future of pre-hospital care.”

About REV Group, Inc.

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

About REV Ambulance Group Orlando, Inc.

Wheeled Coach^® is a brand of REV Ambulance Group Orlando, Inc., a subsidiary of REV Group, Inc. and is a premier manufacturer of Type I, Type II, Type III and Medium-Duty ambulances for municipal and commercial emergency departments. Built to perform under the most demanding conditions, Wheeled Coach ambulances deliver mission-critical durability. Wheeled Coach leads the industry with more firsts than any other ambulance manufacturer, including being the first to conduct IHS Side Impact Criteria Crash and Roll-Over Testing. It manufactures a full line of ambulances at its production facility in Winter Park, Florida. Since 1975, Wheeled Coach has been Trusted by the Toughest™.

About Leader Emergency Vehicles

Leader^®, a manufacturer of premium fit and finish Type I, Type II and Type III ambulances, has served the cities and communities in Southern California for over 45 years with 95% of sales come from California public and private departments. Located in South El Monte, California, Leader’s facility is 100,000 sq. ft. over two acres.

About Global Medical Response, Inc.

With more than 38,000 employees, Global Medical Response teams deliver compassionate, quality medical care, primarily in the areas of emergency and patient relocation services around the world. We provide end-to-end medical transportation as well as fire services, integrated healthcare solutions and disaster response.

About Lightning eMotors

Lightning eMotors (NYSE: ZEV) has been providing specialized and sustainable fleet solutions since 2009, deploying complete zero-emission-vehicle (ZEV) solutions for commercial fleets since 2018 – including Class 3 cargo and passenger vans, ambulances, Class 4 and 5 cargo vans and shuttle buses, Class 4 Type A school buses, Class 6 work trucks, Class 7 city buses, and Class A motor coaches. The Lightning eMotors team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs with a full suite of control software, telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency. To learn more, visit https://lightningemotors.com.

About ACETECH^™

ACETECH^™ is a global manufacturer of Vehicle Intelligence for emergency service fleets. Its solutions include cloud-based fleet management software, specialist safety & eco-friendly modules and intelligent electronic control units. ACETECH^™ solutions integrate seamlessly with emergency service vehicles, to boost performance, improve safety and revolutionize the fleet’s operation.

Julie Nuernberg
Director of PR & Social Media
+1.262.389.8620 (mobile)
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DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Analysis, Design & Diagnostics, Inc. to SEACORP LLC. The acquisition closed December 7, 2021.

Analysis, Design & Diagnostics, Inc. (AD&D) located in Jacksonville, Florida, was founded in 1992 by owner and president Gary Donoher, and specializes in Acoustic Analysis, Underwater Acoustic Sensors, Advanced Data Processing and Modeling technologies for both marine mammal research and tactical naval applications. The Company’s state-of the-art technology has been selected as a key component in the Navy’s next generation naval mining capabilities portfolio.

As a leader in low power sensors and automated detection and classification technology, the Company’s technology is being integrated into unmanned undersea vehicles (UUVs) for improved situational awareness and in support of the Navy’s Anti-Submarine Warfare programs. The same technology is also being integrated into manned undersea platforms for force protection. The company’s automated technology has played a key role in support of the Navy’s compliance with the Marine Mammal Protection Act and the Endangered Species Act.

SEACORP, LLC (SEACORP), a leading provider of engineering services and technology to the United States Navy. SEACORP is owned by KAPCO Defense, LLC who purchased the company in March of 2021. SEACORP was founded in 1981 and has operations in Rhode Island, Connecticut, and Virginia. SEACORP has enjoyed steady, planned growth for over three decades. During this time, SEACORP has become the second largest contractor to the Naval Undersea Warfare Center in Newport. SEACORP has been fully certified by NQA to the ISO 9001:2015 Quality Management System standards and is also Capability Maturity Modeling Integration (CMMI) Level II certified.

"We are excited to have Gary and the AD&D team join SEACORP. Their technical expertise compliments and enhances much of the work SEACORP performs for the Navy," said SEACORP Vice President Jason Vetovis. "This acquisition will allow the expansion of SEACORP's existing Electromagnetic Systems portfolio through the integration of AD&D's enhanced acoustics collection and processing capabilities."

Mr. Donoher will continue with the company with a new title of Director of Southeast Operations, and the entire AD&D team will integrate into SEACORP's Electronic Warfare Hardware Business Area.

"We are excited about the potential to further grow our business with the additional capabilities within SEACORP," shared Mr. Donoher.

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Managing Director, M&A, Barry DeWitt, with the support of Vice President Mergers & Acquisitions, Alex Mironov, successfully closed the deal. Senior Managing Director, Terry Stidham established the initial relationship with AD&D.

“Seacorp is a great acquiror for AD&D and its employees. The companies fit well together and with the acquisition complete, Seacorp can now leverage its ability to further develop and market AD&D’s cutting-edge acoustic sensor and data processing technology,” said DeWitt.

About Generational Equity

Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

With more than 250 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company the 2017 and 2018 Investment Banking Firm of the Year and 2020 Valuation Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.

Carl Doerksen
972-232-1125
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• Real-time methane emissions monitoring at global scale
• Technology consolidates data from multiple detection sources
• Multi-sector initiative spans 12 industries

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions at a global scale. The agreement has the potential to redefine methane detection and mitigation efforts and could contribute to broader satellite-based emission reduction efforts across a dozen industries, including energy, agriculture, manufacturing and transportation.

“This collaboration will enable multiple industries to identify the sources of methane emissions around the world in real-time, so that leak repairs or mitigation solutions can be deployed rapidly,” said Bart Cahir, senior vice president of unconventional at ExxonMobil. “This is another example of how ExxonMobil is investing in technology with leading innovators to align with the Global Methane Pledge to reduce methane emissions by 30% by 2030, compared to 2020 levels.”

In the first phase of the project, the companies will design and optimize the plan for satellite placement and coverage, initially focused on capturing methane emissions data from ExxonMobil operations in the Permian Basin. Scepter will deploy satellites in 2023 and increase coverage to more than 24 satellites over three years, forming a large constellation network capable of monitoring operations around the world.

Scepter’s satellite detection technology has shown the ability to accurately collect data on methane, while also identifying sources of carbon dioxide, nitrogen oxides, sulfur oxides, and other greenhouse gases.

ExxonMobil and Scepter are also pioneering a proprietary data fusion system that reconciles information collected from multiple detection methods, including ground-based, stationary and mobile monitoring devices. By consolidating the data, scientists could unlock valuable insights and opportunities to further quantify and validate programs that reduce methane emissions.

"We’re excited to work with ExxonMobil to develop a system that goes beyond methane detection. Our data fusion platform will be central to a broader capability to detect, quantify, abate and certify," said Philip Father, chief executive officer of Scepter. "This approach is rooted in our mission of providing comprehensive observations on a real-time basis and global scale, therefore meeting various environmental, social and governance reporting needs.”

When combined with ExxonMobil’s data from ground-based sensors and aerial surveys using advanced analytics, Scepter’s data platform allows the company to further establish information regarding its methane emissions performance on an unprecedented scale and quickly identify high-emitting sources. The data processing platform will enable the expansion of third-party certification and supplement methane emissions-reductions efforts.

ExxonMobil supports the development of satellite surveillance and is conducting field trials of emerging technologies.The company is also taking part in an industry study with the Collaboratory to Advance Methane Science to expand ongoing initiatives to identify smarter and faster ways to detect and mitigate emissions using satellites.

The company recently announced plans to achieve net zero greenhouse gas emissions from its operated assets in the U.S. Permian Basin by 2030. These efforts include several key focus areas including continued investments in methane monitoring and detection technologies and eliminating routine flaring in the company’s Permian Basin operations by year-end 2022, in support of the World Bank’s Zero Routine Flaring initiative.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com and the Energy Factor.

Follow us on Twitter and LinkedIn.

About Scepter, Inc.

Scepter has developed, and internationally patented, a ground-breaking approach to monitoring the atmosphere in real-time using an array of terrestrial, airborne and Low Earth Orbit satellite-based sensors to provide actionable information for businesses, consumers, governments and NGOs. These capabilities are not only critical for solving the global pollution and climate change crises, but also provide the platform for an emerging multibillion-dollar commercial atmospheric monitoring industry to meet environmental ESG reporting needs. To learn more, visit ScepterAir.com.

Cautionary Statement

Statements of future events in this release, including technological progress, the performance of new functions or systems to detect emissions, or the viability of third party certifications, are forward-looking statements. Actual future results, including project plans, timing, and costs; the ability to identify emissions; and the impact of operational and technology efforts could vary depending on the results of future study and research efforts, including the ability to scale projects and technologies on a commercially competitive basis; the effectiveness of cooperative efforts to develop technologies and projects; any changes in plans or objectives upon final project approvals; the ability to execute operational objectives on a timely and successful basis; the ability to obtain and timing of required governmental and other third party consents; the development and pace of supportive market conditions and national, regional and local policies relating to emission reduction technologies; changes in laws and regulations including laws and regulations regarding greenhouse gas emissions, carbon costs, and taxes; the outcome of commercial negotiations; the development and enforcement of local, national and international mandates and treaties; unforeseen technical or operational difficulties; changes in supply and demand and other market factors affecting future prices of oil, gas, and petrochemical products; and other factors discussed in this release and under the heading “Factors Affecting Future Results” on the Investors page of ExxonMobil’s website at exxonmobil.com.

ExxonMobil Media Relations
972-940-6007

Scepter, Inc.
415-748-0661

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE: KSU) announced today that the company has been notified that our CDP climate change disclosure, submitted earlier this year, earned a score of A- for 2021. This is an improvement from KCS’ 2020 score and moves KCS to the “Leadership Level” category of participating companies. CDP disclosures are submitted by corporations around the globe to measure their actions to cut emissions and mitigate climate change risks.

“Fighting the climate crisis is one of today’s most critical challenges. At KCS, through smart, targeted investments, technological enhancements, and streamlined operations, we have improved fuel efficiency at a rate that outpaces our emissions reduction goals,” said KCS vice president health, safety and environmental Kayden Howard. “We’re incredibly proud to be recognized by the CDP for our environmental leadership and transparency, and we will continue to explore innovative ways to reduce our carbon footprint, for the good of our business, our people, and our planet.”

Earlier this year, KCS committed to a science-based carbon emissions reduction target which was approved by the Science Based Targets Initiative (SBTi). KCS’ ongoing commitment to the environment is reflected in the company’s SBTi-approved target, CDP disclosure score, annual sustainability report and conservation activities including the Monarch Mariposa project.

CDP is a not-for-profit organization that scores corporate and civic environmental impact disclosures. The world’s economy looks to CDP as the gold standard of environmental reporting with the richest and most comprehensive dataset on corporate and city action. In 2021, CDP launched a new five-year strategy: Accelerating the Rate of Change, intended to help investors, businesses, cities and governments act with the urgency required to tackle our planet’s climate and ecological emergency.

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

C. Doniele Carlson, 816-983-1372, This email address is being protected from spambots. You need JavaScript enabled to view it.

SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (“Southwestern Energy”) (NYSE: SWN) today announced the pricing of the previously announced underwritten block trade of 63,976,376 shares of its common stock (the “Common Stock”) by certain shareholders who received their shares as part of Southwestern Energy’s acquisition of Indigo Natural Resources LLC (the “Selling Stockholders”) resulting in total gross proceeds to the Selling Stockholders of approximately $328.2 million (the “Offering”). Southwestern Energy will not sell any shares of its Common Stock in the Offering and will not receive any proceeds from the sale by the Selling Stockholders of shares of their Common Stock. The Offering is expected to close on December 15, 2021, subject to customary closing conditions.

J.P. Morgan Securities LLC is acting as the sole book-running manager for the Offering. The Offering is being made pursuant to an effective shelf registration statement, which has been filed with the Securities and Exchange Commission (the “SEC”) and became effective May 22, 2020. The Offering will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained on the SEC’s website at www.sec.gov.

Alternatively, J.P. Morgan Securities LLC will arrange to send you the preliminary prospectus supplement and related base prospectus if you request them by contacting:

J.P. Morgan Securities LLC

Attention: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions

1155 Long Island Avenue, Edgewood, NY 11717

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

Phone at 1-866-803-9204

This news release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Southwestern Energy

Southwestern Energy is a leading U.S. producer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation’s most prolific shale gas basins. Southwestern Energy’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its scale, financial strength and operational execution.

Forward-Looking Statements

Certain statements and information in this news release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, as amended. Forward-looking statements relate to future events, including, but not limited to statements regarding the Offering, including the expected closing. The words “believe,” “expect,” “anticipate,” “plan,” “predict,” “intend,” “seek,” “foresee,” “should,” “would,” “could,” “attempt,” “appears,” “forecast,” “outlook,” “estimate,” “project,” “potential,” “may,” “will,” “likely,” “guidance,” “goal,” “model,” “target,” “budget” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Statements may be forward looking even in the absence of these particular words. Where, in any forward-looking statement, Southwestern Energy expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. We do not intend to publicly update or revise any forward-looking statements as a result of new information, future events, changes in circumstances, or otherwise. These cautionary statements qualify all forward-looking statements attributable to us, or persons acting on our behalf. Management cautions you that the forward-looking statements contained herein are not guarantees of future performance, and we cannot assure you that such statements will be realized or that the events and circumstances they describe will occur. Factors that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements herein include, but are not limited to: closing the GEPH Merger, the timing and extent of changes in market conditions and prices for natural gas, oil and natural gas liquids (“NGLs”), including regional basis differentials and the impact of reduced demand for our production and products in which our production is a component due to governmental and societal actions taken in response to COVID-19 or other public health crises and any related company or governmental policies and actions to protect the health and safety of individuals or governmental policies or actions to maintain the functioning of national or global economies and markets; our ability to fund our planned capital investments; a change in our credit rating, an increase in interest rates and any adverse impacts from the discontinuation of the London Interbank Offered Rate; the extent to which lower commodity prices impact our ability to service or refinance our existing debt; the impact of volatility in the financial markets or other global economic factors; difficulties in appropriately allocating capital and resources among our strategic opportunities; the timing and extent of our success in discovering, developing, producing and estimating reserves; our ability to maintain leases that may expire if production is not established or profitably maintained; our ability to transport our production to the most favorable markets or at all; the impact of government regulation, including changes in law, the ability to obtain and maintain permits, any increase in severance or similar taxes, and legislation or regulation relating to hydraulic fracturing, climate and over-the-counter derivatives; the impact of the adverse outcome of any material litigation against us or judicial decisions that affect us or our industry generally; the effects of weather; increased competition; the financial impact of accounting regulations and critical accounting policies; the comparative cost of alternative fuels; credit risk relating to the risk of loss as a result of non-performance by our counterparties; and any other factors listed in the reports we have filed and may file with the SEC that are incorporated by reference herein. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

Brittany Raiford
Director, Investor Relations
(832) 796-7906
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Bloom Energy’s electrolyzer praised for its “inventive and efficient” method of producing clean hydrogen

SAN JOSE, Calif. & NEW YORK--(BUSINESS WIRE)--$BE--The Bloom Electrolyzer was named Emerging Technology of the Year at the 23^rd annual S&P Global Platts Global Energy Awards, often described as the Oscars of the energy industry. Bloom Energy’s CMO Sharelynn Moore and CFO Greg Cameron accepted the honor at an awards ceremony held at Cipriani Wall Street in downtown Manhattan on Thursday, December 9.

Bloom's electrolyzer was recognized for its “inventive and efficient” method of producing hydrogen. Judges noted the technology is "on the radar for many people in the energy industry" and that it is an "exciting innovation" that will "be compatible with other sources" in the move to clean energy. The emerging technology of the year category received the most submissions of any of the award categories.

Saugata Saha, President of S&P Global Platts, said: “S&P Global Platts is committed to advancing data and analytical technology solutions to help digitalize the energy industry as it transitions to a more sustainable energy future. It was inspirational to celebrate the meaningful achievements of this year’s Global Energy Awards winners and finalists, which ranged from technology innovation, to efficiency gains, to green-hydrogen development, to embracement of carbon-free targets, to empowerment of women in energy, and so much more.”

The Bloom Electrolyzer is the most energy-efficient electrolyzer to produce clean hydrogen to date. It relies on the same, commercially proven solid oxide technology platform used by Bloom Energy Servers to provide on-site electricity at high fuel efficiency. Highly flexible, it offers unique advantages for deployment across a broad variety of hydrogen applications, using multiple energy sources including intermittent renewable energy and excess heat.

Jenny Salinas, Vice President of Marketing for S&P Global Platts, said: “S&P Global Platts is proud to host the Global Energy Awards for over two decades and to continue to spotlight creativity, community investment, and technological advancements for a cleaner world. As part of our ongoing commitment to sustainability and to offset the carbon footprint of tonight’s event, Platts is investing in a methane capture project in Bulgaria and a solar-powered clean water project in Senegal.”

To learn more about Bloom Energy’s commitment to a zero-carbon future, visit:
https://www.bloomenergy.com/technology/powering-the-future/

About S&P Global Platts

At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We’re the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.

S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for companies, governments and individuals to make decisions with confidence.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.

Jennifer Duffourg
+1 408.543.1566
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TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE: OSG) (“OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, will be hosting a conference call at 10:00 a.m. Eastern Time (“ET”) on Tuesday, December 14, 2021 to discuss the press release it issued on Friday, December 10 regarding its decisions to exercise two options to extend the bareboat charter agreements with American Shipping Company ASA (Oslo Stock Exchange: AMSC / OTCQX: ASCJF), and to not exercise options to extend three other bareboat charters.

To access the call, participants should dial (844) 850-0546 for domestic callers and (412) 317-5203 for international callers. Please dial in ten minutes prior to the start of the call. A live webcast of the conference call will be available from the Investor Relations section of the Company’s website at www.osg.com. An audio replay of the conference call will be available starting at 12:00 p.m. ET on December 14, 2021 by dialing (877) 344-7529 for domestic callers and (412) 317-0088 for international callers and entering Access Code 4601394.

About Overseas Shipholding Group, Inc.
Overseas Shipholding Group, Inc. (NYSE: OSG) is a publicly traded company providing energy transportation services for crude oil and petroleum products in the U.S. Flag markets. OSG is a major operator of tankers and ATBs in the Jones Act industry. OSG’s 22 active vessel U.S. Flag fleet consists of three crude oil tankers doing business in Alaska, two conventional ATBs, two lightering ATBs, three shuttle tankers, ten MR tankers, and two non-Jones Act MR tankers that participate in the U.S. Maritime Security Program. OSG also currently owns and operates one Marshall Islands flagged MR tanker which trades internationally.

OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world’s most customer-focused marine transportation companies and is headquartered in Tampa, FL. More information is available at www.osg.com.

Susan Allan, Overseas Shipholding Group, Inc.
(813) 209-0620
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CHICAGO--(BUSINESS WIRE)--$VTR #CDPAList--Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) has achieved the prestigious CDP “A List” for tackling climate change, demonstrating its leadership in corporate sustainability. The global environmental non-profit recognized Ventas for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data reported through CDP’s 2021 climate change questionnaire.

Ventas was in the highest two percent (2%) of the 13,000 companies globally that were scored through CDP’s annual environmental disclosure process. Through significant, demonstrable action on climate, Ventas is a global leader on corporate environmental ambition, action and transparency.

“Achieving the ‘A List’ on what is widely recognized as the gold standard of climate risk management transparency is a testament to the Ventas commitment to efficient and responsible operations,” said Kelly Meissner, Director, Sustainability. “The business and moral imperative to preserve our planet has been a guiding principle of our ESG strategy for more than 10 years, and we are proud of this recognition of our climate actions and progress, which reduce risk and improve the efficiency of our portfolio.”

Actions Ventas has taken in the past year that support its environmental goals, mitigate its impact on the climate and create a more competitive, efficient portfolio include:

• Energy Efficiency: Ventas has made accretive investments in LED lighting at ~300 senior housing assets since 2018, and have committed ~$27 million to accretive energy efficiency investments such as LEDs, HVAC optimization and building controls in more than 150 Medical Office Buildings (MOB) throughout our portfolio
• Energy management and benchmarking: A result of its commitment to good energy practices, data and benchmarking, Ventas was named an ENERGY STAR^® Partner of the Year in 2021 and is the leading owner of ENERGY STAR certified senior housing communities, with 110 certified communities (70% of total U.S. ENERGY STAR senior care certifications in 2020)
• Transition to a low-carbon economy: Ventas’ goal to reduce emissions by 30% by 2030 is aligned with climate science and validated by the Science Based Targets initiative; Ventas has also increased its commitment to renewable energy, resulting in two Net Zero senior living communities in 2020, and have introduced ~150 electric vehicle charging stations at 42 properties throughout its portfolio

Over the past several years, Ventas has developed a robust and comprehensive approach to climate change governance and risk management. This includes a dedicated sustainability team, board-level oversight of climate-related issues and a multidisciplinary internal ESG Steering Committee chaired by our CEO and Chairman. Ventas has an integrated, multi-disciplinary company-wide risk management process, which is led by its Enterprise Risk Management (ERM) Committee and includes climate change risks and opportunities.

Paul Simpson, CEO of CDP, said: “Many congratulations to all the companies on this year’s A List. The scale of the risk to businesses from climate change, water insecurity and deforestation can no longer be ignored, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector is essential for securing global ambitions for a net-zero, nature positive and equitable world. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.”

Ventas transparently shares its CDP reports and third-party data insurance on its website at www.ventasreit.com/corporate-responsibility. The full list of companies that made this year’s CDP A List along with other publicly available company scores and the detailed methodology is available on the CDP website: https://www.cdp.net/en/companies/companies-scores.

About Ventas:

Ventas Inc., an S&P 500 company, operates at the intersection of two large and dynamic industries – healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns a diversified portfolio of over 1,200 properties in the United States, Canada and the United Kingdom. Ventas uses the power of its capital to unlock the value of senior living communities; life science, research & innovation properties; medical office & outpatient facilities, health systems and other healthcare real estate. A globally-recognized real estate investment trust, Ventas follows a successful long-term strategy, proven over more than 20 years, built on diversification of property types, capital sources and industry leading partners, financial strength and flexibility, consistent and reliable growth and industry leading ESG achievements, managed by a collaborative and experienced team dedicated to its stakeholders.

About CDP

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 590 investors with over $110 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.net or follow us @CDP to find out more.

Louise Adhikari
Vice President, Marketing & Corporate Communications
+1 312 898 1973

LITTLE RIVER, S.C.--(BUSINESS WIRE)--#hais--PCT LTD (OTC Pink: PCTL) is pleased to announce Stuart Emmons, Executive VP-Engineering, Research & Development at PCT, has designed a new 8 cell Gen 2 generator. This new generator will double the size of our current largest 4 cell generator while keeping the same footprint. This allows our current and future clients to increase their capacity without additional space requirements. The company expects to see higher profits per system by decreasing costs associated with parts, production time and shipping.

PCTL is continuing expansion into the oil and gas sector with our new 8 cell generator coupled with NanoGas™ Technologies nanobubble generator. The combination of these two technologies allows for a greater amount of Nano-Hydrolyte™ to be generated. Nano-Hydrolyte™ a potent biocide that is eco-friendly is used for downhole bacteria control, H2S remediation (sour wells), disinfection of hydraulic fracturing water facilities and well capping. Additionally, increased Nano-Hydrolyte™ production will allow penetration of the fluids into the deeper fractures of the formation and being able to treat multiple wells at the same time.

Stuart has also designed a new Catholyte only generator. Prior to this, the company was using a third-party generator during proof-of-concept field trials at the Grassy Creek while our new system was being developed. The initial design of the new generator produced Catholyte at 600ppm. Over the course of its development, the R&D team has been able to modify the original design to increase the PPM by 300%. The new generator will be used with the Nanobubble generator to produce Nano-Catholyte™ for the EOR market.

Nano-Catholyte™ reduces the surface tension in the treatment fluid and interfacial tension with the oil within the formation. This coupled with the mechanical effects of the nanobubble (diffusion, wedge effect, and fragmentation of oil to reduce viscosity) allowing for the release of oil in the formation as well as penetration throughout the micro sized natural fractures through the formation thus separating the oil from the water and allowing it to flow from the formation to the wellbore where it can be produced and processed.

The older 4 cell generator and third-party generator is currently being used in Oklahoma until the new generators have run through testing in Little River. Light crude has shown excellent results in field trials so far. The 8 cell and Catholyte Free generators are slated to come online in Oklahoma after the first of year and used with new drilled wells. Increased fluid production of the 8-cell generator is critical in Oklahoma where the wells are deeper and use more fluids than Grassy Creek. The 8-cell will also be used to treat H2S, Hydrogen Sulfide, a highly corrosive and potentially deadly gas along with downhole bacteria control.

Gary Grieco PCT’s CEO stated, “that by producing our own Catholyte generator we can produce a quality product that meets our exacting standards at a higher concentration of Catholyte-Free.” Mr. Grieco believes the new Catholyte generator will allow a 50-100% increase in production.

PCTL would like to remind the market Ronnie Syverson’ s Podcast will be Dec. 15th Mr. Syverson is nationally certified in Infection Control and Epidemiology by the Certification Board for Infection Control and Epidemiology (CBIC) and has dual bachelor’s degrees in nursing and biology. His presentation will focus on infection control.

About PCT LTD:

PCT LTD ("PCTL") focuses its business on acquiring, developing, and providing sustainable, environmentally safe disinfecting, cleaning, and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly owned operating subsidiary, Paradigm Convergence Technologies Corporation.

Forward-Looking Statements:

This press release contains "forward-looking statements" as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Such statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Such statements involve risks and uncertainties, including but not limited to: PCTL's ability to raise sufficient funds to satisfy its working capital requirements; the ability of PCTL to execute its business plan; the anticipated results of business contracts with regard to revenue; and any other effects resulting from the information disclosed above; risks and effects of legal and administrative proceedings and government regulation; future financial and operational results; competition; general economic conditions; and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements PCTL makes in this press release include market conditions and those set forth in reports or documents it files from time to time with the SEC. PCTL undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Investor Relations Contact
Michael Iorlano
(760) 621-0062
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www.para-con.com
Twitter: https://mobile.twitter.com/@PCTL_