TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior” or the “Corporation”) (TSX:SPB) today announced that the Corporation was subject to a ransomware incident on Sunday, December 12, 2021, which impacted the Corporation’s computer systems.
Upon learning of the incident, Superior took steps to secure its systems and mitigate the impact to the Corporation’s data and operations. Independent cybersecurity experts have been retained to assist the Corporation in dealing with the matter in accordance with industry best practices.
Superior has temporarily disabled certain computer systems and applications as it investigates this incident and is in the process of bringing these systems back online.
Superior is in the process of assessing the impact to the Corporation’s operations. At the present time, Superior has no evidence that the safety or security of any customer or other personal data has been compromised.
Superior is committed to data safety, is taking the matter very seriously and asks its customers and partners for their patience as it seeks to remediate the situation.
About Superior
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada.
For further information about Superior, please visit our website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Toll Free: 1-866-490-PLUS (7587).
Forward Looking Information
Certain information included in this press release may constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, activities, objectives, operations, strategy, business outlook, and financial performance and condition of the Corporation, or the assumptions underlying any of the foregoing. In this press release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information, by its very nature, is subject to numerous risks and uncertainties and is based on several assumptions which give rise to the possibility that actual results could differ materially from the Corporation’s expectations expressed in or implied by such forward-looking information and no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including but not limited to the timing for the investigation and recovery process, the impact on Superior’s business operations, future plans, activities, objectives, operations, strategy, business outlook and financial performance and condition of the Corporation.
Forward-looking information contained in this press release includes Superior’s plans to address the cyber security incident and its expected impact on Superior’s operations and the safety and security of its customers personal data. Forward-looking is provided in this press release for the purpose of giving information about Management’s current expectations and plans and allowing investors and others to get a better understanding of the Corporation’s operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking information for any other purpose.
Forward-looking information provided in this press release is based on information available at the date hereof and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control. Specifically, the forward-looking statements herein are subject to the risk that the investigation of the cyber security breach is in its initial stages so the assessment of the potential impact could change over time as more information gathered. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.
Beth Summers
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran
Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll Free: 1-866-490-PLUS (7587).
Second Annual Report Details Company’s Strategy to Mitigate and Address Climate-Related Risk
BRENTWOOD, Tenn.--(BUSINESS WIRE)--$TSCO #esg--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, today released its 2020 Task Force on Climate-Related Financial Disclosures (TCFD) Report, furthering its commitment to Environmental, Social and Governance (ESG) progress and transparency.
“At Tractor Supply, we have made significant progress integrating climate-related risk awareness into our business activities and overall strategy, corporate governance and risk management,” said Hal Lawton, President and Chief Executive Officer of Tractor Supply. “We remain focused on monitoring ongoing risk and promoting sustainability through our Company actions. This TCFD report is an important component of our commitment to transparency and furthering our long-standing ESG efforts.”
The report follows Tractor Supply’s announcement of its goal to reduce its carbon footprint and achieve net zero missions across all operations by 2040. The report is in response to the Task Force on Climate-related Financial Disclosures, an organization established by the Financial Stability Board (FSB) in 2017 to promote more informed financial decisions and to improve understanding of exposure to climate-related risk. It is aligned with the TCFD’s recommendations for climate disclosure and includes information on Tractor Supply’s operations structured around four thematic areas of governance, strategy, risk management and metrics and targets.
In the TCFD Report, the Company discusses its approach to evaluating and managing climate change risks and identifying opportunities. The Company also details the next phase of its sustainability journey, including increasing efforts to procure renewable energy, continuing investments in energy efficiency and cleaner technologies, avoiding future emissions through better design of both stores and distribution centers, and enhancing its Scope 3 focus with greater transparency and reduction efforts, including new vendor engagement to drive down value chain emissions.
For more information on Tractor Supply’s ESG efforts and sustainability initiatives and to view the TCFD Report, please visit the Company’s website at IR.TractorSupply.com/ESG.
About Tractor Supply Company
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has been passionate about serving its unique niche, targeting the needs of recreational farmers, ranchers and all those who enjoy living the rural lifestyle, for more than 80 years. Tractor Supply offers an extensive mix of products necessary to care for home, land, pets and animals with a focus on product localization, exclusive brands and legendary customer service for the Out Here lifestyle. With more than 45,000 Team Members, the Company’s physical store assets, combined with its digital capabilities, offer customers the convenience of purchasing products they need anytime, anywhere and any way they choose at the everyday low prices they deserve. At September 25, 2021, the Company operated 1,967 Tractor Supply stores in 49 states, a customer mobile app and an e-commerce website at www.TractorSupply.com.
Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At September 25, 2021, the Company operated 177 Petsense stores in 23 states. For more information on Petsense, visit www.Petsense.com.
To stay up to date on all things for Life Out Here, follow Tractor Supply on Facebook, Instagram and Twitter.
Tractor Supply Company
Mary Winn Pilkington (615) 440-4212
Marianne Denenberg (615) 440-4345
Cash generating demand response opportunity for Ontario businesses using Voltus’s DER platform
SAN FRANCISCO & BOSTON--(BUSINESS WIRE)--Voltus, Inc., the leading distributed energy resource (DER) software technology platform, has cleared over 150 combined megawatts in the Ontario demand response market for the summer 2022 and winter 2022/2023 obligation periods. These capacity commitments will generate over $3 million in potential gross annual revenue for Voltus. Despite only having entered the market in 2019, Voltus is now the third-largest demand response aggregator in the province.
The Independent Electricity System Operator (IESO) procured approximately 2.1 gigawatts of total capacity in this auction. Capacity needs are expected to grow in Ontario over the coming years, as nuclear refurbishments and retirements and contract expiry of existing resources drive an increase in demand. Ontario's demand response program will be running year-round beginning in May 2022, in order to ensure system readiness and reliability as capacity needs increase.
“There has never been a better time for Ontario businesses to take advantage of their operational flexibility and enroll in demand response,” says Dana Guernsey, Voltus’s Chief Product Officer and Co-founder. “With capacity needs increasing over time, businesses have a real opportunity to help protect system reliability during critical grid events, and to get paid for doing so.”
Customers can secure their ability to start earning in summer 2022 by signing up to participate in this demand response program through Voltus today. To connect with our team about how Voltus can maximize demand response dollars for your business, reach out to us at This email address is being protected from spambots. You need JavaScript enabled to view it..
About Voltus, Inc.
Voltus is the leading platform connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and grid services partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit www.voltus.co.
Voltus previously announced an agreement for a business combination with Broadscale Acquisition Corp. (Nasdaq: SCLE), which is expected to result in Voltus becoming a public company listed on the Nasdaq in the first half of 2022, subject to customary closing conditions.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to future results of operations and financial position, revenue and other metrics planned products and services, business strategy and plans, objectives of management for future operations of Voltus, Inc. (“Voltus”), market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Broadscale Acquisition Corp. (“Broadscale”) and its management, and Voltus and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive merger agreement with respect to the business combination; 2) the outcome of any legal proceedings that may be instituted against Voltus, Broadscale, the combined company or others following the announcement of the business combination and any definitive agreements with respect thereto; 3) the inability to complete the business combination due to the failure to obtain approval of the stockholders of Broadscale or Voltus, or to satisfy other conditions to closing the business combination; 4) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; 5) the ability to meet Nasdaq's listing standards following the consummation of the business combination; 6) the risk that the business combination disrupts current plans and operations of Voltus as a result of the announcement and consummation of the business combination; 7) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; 8) costs related to the business combination; 9) changes in applicable laws or regulations; 10) the possibility that Voltus or the combined company may be adversely affected by other economic, business and/or competitive factors; 11) Voltus’s estimates of its financial performance; 12) the risk that the business combination may not be completed in a timely manner or at all, which may adversely affect the price of Broadscale’s securities; 13) the risk that the transaction may not be completed by Broadscale’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Broadscale; 14) the impact of the novel coronavirus disease pandemic, including any mutations or variants thereof, and its effect on business and financial conditions; 15) inability to complete the PIPE investment in connection with the business combination; and 16) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Broadscale’s Form S-1 (File Nos. 333-252449 and 333-253016), Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021 and registration statement on Form S-4 with the Securities and Exchange Commission (“SEC”), which will include a document that serves as a prospectus and proxy statement of Broadscale, referred to as a proxy statement/prospectus and other documents filed by Broadscale from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Broadscale nor Voltus gives any assurance that either Broadscale or Voltus or the combined company will achieve its expected results. Neither Broadscale nor Voltus undertakes any duty to update these forward-looking statements, except as otherwise required by law.
Use of Projections
This press release may contain financial forecasts of Voltus. Neither Voltus’s independent auditors, nor the independent registered public accounting firm of Broadscale, audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this press release, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this press release. These projections should not be relied upon as being necessarily indicative of future results. The projected financial information contained in this press release constitutes forward-looking information. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See “Forward-Looking Statements” above. Actual results may differ materially from the results contemplated by the projected financial information contained in this press release, and the inclusion of such information in this press release should not be regarded as a representation by any person that the results reflected in such projections will be achieved.
Additional Information and Where to Find It
This press release relates to a proposed transaction between Broadscale and Voltus. Broadscale intends to file a registration statement on Form S-4 with the SEC, which will include a document that serves as a prospectus and proxy statement of Broadscale, referred to as a proxy statement/prospectus. A proxy statement/prospectus will be sent to all Broadscale stockholders. Broadscale also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of Broadscale are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction.
Investors and security holders will be able to obtain free copies of the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by Broadscale through the website maintained by the SEC at www.sec.gov.
The documents filed by Broadscale with the SEC also may be obtained free of charge at Broadscale’s website at https://www.broadscalespac.com or upon written request to 1845 Walnut Street, Suite 1111, Philadelphia, PA 19103.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Participants in the Solicitation
Broadscale and Voltus and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Broadscale’s stockholders in connection with the proposed transactions. Broadscale’s stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and executive officers of Broadscale listed in Broadscale’s registration statement on Form S-4, which is expected to be filed by Broadscale with the SEC in connection with the business combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to Broadscale’s stockholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus on Form S-4 for the proposed business combination, which is expected to be filed by Broadscale with the SEC in connection with the business combination.
No Offer or Solicitation
This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
Investor Relations Contact – Voltus
Sioban Hickie, ICR, Inc.
Eduardo Royes, ICR, Inc.
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Media Contact – Voltus
Cory Ziskind, ICR, Inc.
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Efficient Power Conversion (EPC) introduces the ePower Chipset family that integrates 100 V GaN driver and FETs up to 65 A offering higher performance and smaller solution size for high power density applications including DC-DC conversion and motor drives.
EL SEGUNDO, Calif.--(BUSINESS WIRE)--#48V--EPC announces the introduction of a 100 V, 65 A integrated circuit chipset designed for 48 V DC-DC conversion used in high-density computing applications and in 48 V BLDC motor drives for e-mobility, robotics, and drones.
The EPC23101 eGaN IC plus EPC2302 eGaN FET offers a new ePower Chipset capable of a maximum withstand voltage of 100 V, delivering up to 65 A load current, while capable of switching speeds greater than 1 MHz.
When operated in a 48 V to 12 V buck converter, the EPC23101 + EPC2302 chipset delivers 96% efficiency at 1 MHz switching frequency and 97% efficiency at 500 kHz switching frequency and can deliver 65 A with less than 50 °C temperature rise.
The ePower family of products makes it easy for designers to take advantage of the significant performance improvements made possible with GaN technology. Integrated devices are easier to design, easier to layout, easier to assemble, save space on the PCB, and increase efficiency.
“Discrete power transistors are entering their final chapter. Integrated GaN-on-Silicon offers higher performance in a smaller footprint with significantly reduced design engineering required,” said Alex Lidow, CEO and co-founder of EPC. “From the serenity or control environment of digital and analog controllers, the ePower Chipset translates the PWM command signals to high voltage and high current waveforms capable of driving real world loads. Designers can use the ePower Chipset to make lighter weight and more precise battery-operated BLDC motor drives for eMotion, robotic arms and drones, higher efficiency 48 V input DC/DC converters for data center, datacom, artificial intelligence, solar MPPT and other industrial and consumer applications.”
Development Board
The EPC90142 development board is a 100 V maximum device voltage, 65 A maximum output current, half bridge featuring the EPC23101 Integrated ePower FET and EPC2302 eGaN FET. The purpose of this board is to simplify the evaluation process of the ePower Stage Chipset This 2” x 2” (50.8 mm x 50.8 mm) board is designed for optimal switching performance and contains all critical components for easy evaluation.
Price and Availability
The EPC23101 priced at $5.28 each in 1 Ku volumes.
The EPC2302 is priced at $4.91 each in 1Ku volumes.
The EPC90142 development board is priced at $156.25 each.
All devices and boards are available for immediate delivery from Digi-Key at http://www.digikey.com/Suppliers/us/Efficient-Power-Conversion.page?lang=en
About EPC
EPC is the leader in enhancement mode gallium nitride (eGaN®) based power management. eGaN FETs and integrated circuits provide performance many times greater than the best silicon power MOSFETs in applications such as DC-DC converters, remote sensing technology (lidar), motor drives for eMobility, robotics, and drones, and low-cost satellites.
Visit our web site: www.epc-co.com
Follow EPC on social media: LinkedIn, YouTube, Facebook, Twitter, Instagram, YouKu
eGaN is a registered trademark of Efficient Power Conversion Corporation, Inc.
Efficient Power Conversion:
Renee Yawger
tel: 908.475.5702
email: This email address is being protected from spambots. You need JavaScript enabled to view it.
BOSTON--(BUSINESS WIRE)--#EVs--Schneider Electric, the global leader in the digital transformation of energy management and automation, today reinforced its partnership with PACCAR as they receive a $33 million matching grant from the U.S. Department of Energy (DOE) to continue the development of its Class 8 Kenworth and Peterbilt battery electric and fuel cell vehicles, along with its vehicle charging stations. As part of this program, Schneider Electric will provide the electric vehicle infrastructure design and microgrid resiliency to support the PACCAR SuperTruck 3 program for heavy and medium duty trucks in the United States and Canada.
The SuperTruck initiative was launched in 2009 by the DOE to improve heavy-duty truck freight efficiency. PACCAR successfully developed state-of-the-art Kenworth and Peterbilt vehicles in the prior SuperTruck and SuperTruck 2 programs. By leveraging strengths with microgrid and digital energy technology, Schneider Electric will help PACCAR deliver power systems solutions that benefit their customers and the environment.
“As the federal government continues to place a greater emphasis on infrastructure modernization and digitalization, this grant will help us build the foundation to meet the evolving electrification needs of fleets and truck operators,” said Kevin Self, Senior Vice President, Strategy, Business Development & Government Relations, Schneider Electric. “We are excited to join the SuperTruck 3 program to develop the required electric charging infrastructure to support PACCAR’s electric trucks program now and into the future.”
SuperTruck 3 is a DOE initiative to develop state of the art zero emissions medium- and heavy-duty trucks. PACCAR received a $33 million matching grant for the highly selective program. “The SuperTruck 3 award underscores PACCAR’s industry leadership in zero emissions commercial vehicles,” said John Rich, PACCAR chief technology officer.
For more information on Schneider Electric and eMobility solutions, please visit https://www.se.com/us/en/work/solutions/for-business/automotive.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Discover Life Is On Follow us on: Twitter, Facebook, LinkedIn, YouTube, Instagram, Blog
Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights.
Hashtags: #sustainability #energytransition #NetZero #IndustriesOfTheFuture
Thomas Eck - This email address is being protected from spambots. You need JavaScript enabled to view it.
Company offers innovative technology to improve customer experience in the United States and worldwide
HALLANDALE BEACH, Fla.--(BUSINESS WIRE)--#boating--Boatzon Insurance Group today announces the expansion of its fully-licensed insurance agency of top marine insurance carriers able to quote, bind and service policies in the United States and most countries worldwide. The company is growing its InsurTech solutions and integrations to offer consumers a new and improved shopping experience for marine insurance.
The emergence of new InsurTech solutions have transformed the insurance industry. These technologies bring a new shopping and quoting experience for consumers, often reducing costs, improving efficiency, and most importantly enhancing customer satisfaction. However, the marine and boating industry has yet to benefit from this technology.
Boatzon Insurance Group has made the process of buying boat insurance easier and more convenient. Customers can now research, view a quote, and start the purchase of an insurance policy online without having to physically visit a local agent. The technology is also integrated into its partner company, www.Boatzon.com, which enables a customer to buy a boat in minutes online.
Boatzon Insurance Group is licensed to quote and service policies in the United States and in over 150 countries. Bryan Lenett, who serves as Boatzon Insurance Group co-founder says, “We have not only launched throughout the United States, but our worldwide marine insurance carrier relationships have positioned our company to grow the Boatzon brand globally. Boat buyers in the U.S. and other countries will now enjoy an improved shopping experience.”
Boatzon Insurance Group’s marine experience is key, and it starts at the helm. Omar Rodriguez is the agency principal and is a 10-year U.S. Navy Veteran who brings years of experience and knowledge in the insurance world. He is responsible for the development and company infrastructure for nationwide insurance operations, and growing and managing the required departments within.
“I came to Boatzon Insurance Group to combine my expertise as a USCG 100-Ton Master with my insurance industry knowledge. My goal is to make Boatzon Insurance Group a household name worldwide using the latest state-of-the-art technology. Boating is a passion of mine, and so is making sure everyone is properly insured,” says Rodriguez.
Internally, Boatzon Insurance Group professionals know the ins and outs of the marine insurance industry and offer customers the best possible rate and coverage for boat owners. Additionally, its licensed agents are well-versed in helping marine enthusiasts select the right level of insurance coverage for their boat.
“Most traditional insurance companies focus on policies such as auto, home, or health insurance and do not have the experience or knowledge to quote a boat insurance policy effectively,” shares Michael Muchnick, COO and Co-founder of Boatzon. “Boatzon lives and breathes boating and marine. We know how to deliver the best coverage for your boat, with the best discounts and at the lowest price possible.”
About Boatzon Insurance Group
Boatzon Insurance Group is an InsureTech agency deploying the latest state-of-the-art software integration with Boatzon.com. Boaters will now be able to get real-time insurance quotes while viewing and/or purchasing a boat.
MEDIA CONTACT
Haley Meyer
Trevelino/Keller
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(404) 214-0722 Ext. 129
School district creates strategic roadmap to transition towards a zero emissions bus fleet and secures corresponding funding
NEW YORK--(BUSINESS WIRE)--#EV--ENGIE Impact, an ENGIE entity that delivers sustainability solutions and services to corporations, cities and governments across the globe, today announced the completion of a major milestone in its work with Grossmont Union High School District (GUHSD) in El Cajon, CA. GUHSD selected ENGIE Impact to perform two essential tasks, the first being to develop a detailed roadmap for the electrification of the GUHSD bus fleet and the second being to identify and support the school district with the application for grants that would help the school district cover the cost of fleet electrification.
GUHSD’s fleet electrification roadmap supported the development of a plan to fully transition the district’s 67 diesel-fueled school buses to a clean, affordable, and resilient electric fleet over the next 20 years. This shift to zero emission vehicles will reduce greenhouse gas emissions in the communities GUHSD serves, improving overall air quality and eliminating students' exposure to harmful pollutants. The study determined the ideal charging behavior and the optimal mix of energy supply from the grid and onsite distributed generation to minimize total cost of ownership and maximize GHG emissions reduction.
“Electrifying school buses is a key step for the transition to zero-emission transportation,” said Diego Ibarra, the Managing Director, Sustainable Solutions - Americas at ENGIE Impact. “Accelerating fleet decarbonization across our client portfolio is a core offering within ENGIE Impact’s mission. GUHSD is a great example of how fleets – public and private – can develop actionable strategies and detailed plans that ensure a smooth and reliable transition to electric vehicles.”
In addition to fleet electrification, ENGIE Impact helped GUHSD secure funding by identifying and developing responses to federal and state grant solicitations that support fleet electrification efforts. Among those is a grant from the California Energy Commission to support the development of the fleet electrification roadmap.
“As a public school district with multiple competing priorities, GUHSD has limited resources to devote to fleet electrification,” said Lindsey Danner, Energy Manager at GUHSD. “ENGIE assisted GUHSD in securing 8 of our 17 new electric buses through a grant from the San Diego County Air Pollution Control District and additional funding to develop our comprehensive plan for fleet electrification. These accomplishments work toward our overall goal to support our community’s educational and environmental needs.”
Based on an initial ENGIE Impact analysis, the electrification of GUHSD’s school bus fleet will reduce total greenhouse gas emissions by an estimated 86%. Looking ahead, ENGIE Impact and GUHSD will explore the expansion of school bus routes especially within disadvantaged communities, the integration of vehicle-to-grid (V2G) capabilities, as well as some workforce development opportunities and challenges for the district’s fleet.
About ENGIE Impact
ENGIE Impact delivers sustainability solutions and services to corporations, cities and governments across the globe. ENGIE Impact brings together a wide range of strategic and technical capabilities, to provide a comprehensive offer to support clients in tackling their complex sustainability challenges from strategy to execution. With 21 offices worldwide and headquarters in New York City, ENGIE Impact today has a portfolio of 1,000 clients, including 25% of the Fortune 500 Companies, across more than 1,000,000 sites.
ENGIE Impact is part of the ENGIE Group, a global leader in the zero-carbon transition.
About Grossmont Union High School District
Established in 1920, GUHSD serves approximately 21,400 students in grades 9-12 in the eastern portion of San Diego County, California. GUHSD consists of 13 high school campuses: Grossmont High School (La Mesa/El Cajon), Helix High School (La Mesa), El Cajon Valley High School (El Cajon), Mount Miguel High School (Spring Valley), El Capitan High School (Lakeside), Granite Hills High School (El Cajon), Monte Vista High School (Spring Valley), Santana High School (Santee), Chaparral High School (El Cajon), Valhalla High School (El Cajon), West Hills High School (Santee), Steele Canyon High School (Spring Valley), and IDEA Center High School (El Cajon). GUHSD also operates a middle college high school, three special education facilities, a Career Technical Education (CTE) program, and an adult education program. The student body is exceptionally diverse, and 62% of students are in communities identified as low-income. Transportation is offered to 6 of the 13 high schools, with special education transportation provided to all schools. Collectively, the student population of the schools served by GUHSD’s school bus fleet totals more than 13,800 youth.
Inkhouse
Amanda Echavarri
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978-201-2510
The MIPI M-PHY Version 5.0 physical-layer specification addresses increasing data rate requirements and provides engineers with design flexibility for advanced 5G smartphone, wearable, PC and automobile flash memory storage use cases
PISCATAWAY, N.J.--(BUSINESS WIRE)--#5G--The MIPI Alliance, an international organization that develops interface specifications for mobile and mobile-influenced industries, today announced a major update to its MIPI M-PHY physical-layer interface for connecting the latest generation of flash memory-based storage and other high data rate applications in advanced 5G smartphones, wearables, PCs, industrial IoT, and automobiles. Version 5.0 of the M-PHY interface adds a fifth gear—"High Speed Gear 5" (HS-G5) at 23.32 Gigabits per second (Gbps)—enabling engineers to double the potential data rate per lane compared with the previous specification. M-PHY v5.0 also responds to a range of other ecosystem requirements for connecting flash memory storage, such as ongoing innovation of the JEDEC Universal Flash Storage (UFS) standard.
MIPI M-PHY is a versatile physical layer targeting applications with a particular need for high data rates, low pin counts, lane scalability and power efficiency. Key applications include connecting flash memory storage, cameras and RF subsystems, as well as providing chip-to-chip inter-processor communications (IPC). For JEDEC UFS, M-PHY serves as the physical layer for MIPI UniPro, and together both specifications have been incorporated into multiple versions of UFS over the last decade.
MIPI M-PHY v5.0 is designed to support the forthcoming MIPI UniPro v2.0 and JEDEC UFS releases. In addition to doubling the data rate to a maximum of 23.32 Gbps per lane to satisfy the storage ecosystem’s growing data rate requirements, v5.0 introduces several new capabilities intended to optimize the M-PHY interface:
● Data rates have been optimized for target applications, simplifying Phased Lock Loop (PLL) implementation and eliminating design complexity.
● High-speed startup reduces latency, for example, when accessing flash memory on power up.
● Eye monitoring visualizes signal health, enhancing debug functionality.
● New attributes for equalization and other electrical updates to HS-G5 improve the suitability of M-PHY for ultra-high data rate applications.
Also, the new version of the specification streamlines M-PHY, making several legacy features optional and further improving latency performance, boosting power efficiency and making implementation smoother and faster. M-PHY v5.0 is backward compatible through v4.1 of the specification, and an updated conformance test suite for v5.0 is scheduled to be completed in 2022.
“The significant data rate and flexibility updates delivered in MIPI M-PHY v5.0 are the product of real-world feedback from the large base of implementers in a broad ecosystem," said Joel Huloux, chairman of MIPI Alliance. "Many of the enhancements in v5.0 come from our close relationship with the JEDEC UFS community, and such cross-industry collaboration is key to fueling and aligning innovation to better serve the global flash memory storage market.”
MIPI M-PHY v5.0 is available to MIPI Alliance members and can be downloaded from the member portal on the MIPI Alliance website. For more information, a brief MIPI Bytes video provides an overview of M-PHY and highlights its new features.
To keep up with MIPI Alliance, subscribe to the MIPI blog and stay connected by following MIPI on Twitter, LinkedIn, Facebook and YouTube.
About MIPI Alliance
MIPI Alliance (MIPI) develops interface specifications for mobile and mobile-influenced industries. There is at least one MIPI specification in every smartphone manufactured today. Founded in 2003, the organization has over 325 member companies worldwide and more than 15 active working groups delivering specifications within the mobile ecosystem. Members of the organization include handset manufacturers, device OEMs, software providers, semiconductor companies, application processor developers, IP tool providers, automotive OEMs and Tier 1 suppliers, and test and test equipment companies, as well as camera, tablet and laptop manufacturers. For more information, please visit www.mipi.org.
MIPI®, M-PHY® and UniPro® are registered trademarks owned by MIPI Alliance.
Press:
Becky Obbema
Interprose for MIPI Alliance
+1 408.569.3546
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LONDON & RIO DE JANEIRO--(BUSINESS WIRE)--Lisarb Energy announced today that it has entered the wind market by signing a 97 MW renewable power purchase agreement (PPA) with Tradener Ltda, one of the largest energy trading companies in Brazil.
Lisarb Energy will deliver the 97 MW from a wind farm currently under development in Rio Grande do Norte. The wind farm will be commissioned in summer 2023 and will deliver energy for the PPA from early 2024. Over the 12-year contract, the project will produce around 4.4 TWh and will prevent the release of an estimated 180,000 tonnes of carbon dioxide annually.
Lisarb Energy will invest BRL 244.4M (£32.5m) to deliver the wind farm. The 12-year PPA is valued at BRL 864M (£115.2m).
“We are working to expand our own sustainable energy projects with nearly 600 MW already operating, in development or construction. This important deal with Lisarb Energy will help us to reach our goal to supply 1 GW of sustainable energy to our customers,” said Jorge Caliari – Diretor Comercial at Tradener.
Jamie Macdonald-Murray, chairman at Lisarb Energy, added: “Wind energy has a promising future in Brazil, and we are delighted to be working with Tradener to help deliver clean power to its customers. We are proud to be able to offer an end-to-end solution – to develop, build and operate projects that will serve the needs of communities and businesses in a sustainable way.”
Lisarb Energy has a rapidly expanding portfolio of renewable energy projects internationally including solar power plant and wind farms in addition to investments in innovative renewable technologies including floating offshore wind and marine energy. It has recently signed PPA contracts with Raízen, and a number of other corporate clients.
Notes to editors
Lisarb Energy is a fast-growing global renewable energy developer.
The success and growth of Lisarb Energy during the last eighteen months has enabled it to develop a substantial portfolio of renewable energy projects. Currently, the Group has a portfolio of solar PV plants and wind farms in development and construction for Centralised and Distributed Energy markets in Brazil, Portugal, Spain, and the UK, totalling 3.5 GW.
For further information or interview opportunities contact:
Karen Boud
PR Consultant for Lisarb Energy
Resonates
Tel: +44 (0)1635 898698
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HOUSTON--(BUSINESS WIRE)--Vopak Moda Houston, LLC today announced that its marine terminal in the Port of Houston is fully operational. Formed in 2016, Vopak Moda Houston is a joint venture between Royal Vopak and Moda Midstream. Strategically located in Houston’s refining and petrochemical corridor and in close proximity to multiple ammonia, hydrogen and nitrogen pipelines, Vopak Moda Houston is the first greenfield terminal development in the Port of Houston in more than a decade. Designed to handle very large gas carriers (VLGCs), as well as smaller vessels and barges, Vopak Moda Houston is the only waterborne ammonia terminal in the Port of Houston with deepwater capabilities. The terminal has existing permits for additional berthing positions. Vopak Moda Houston is directly connected via pipeline to the Port of Houston petrochemical complex, the nation’s largest and world’s second-largest petrochemical complex.
“We are thrilled to bring the Vopak Moda Houston terminal into full service together with our partner Royal Vopak, our customers and other stakeholders,” Moda Midstream CEO and Founder Jonathan Z. Ackerman said. “In today’s world, supply chains must be resilient and sustainable. With the ability to safely and reliably transport ammonia and other pressurized gases for our current and future customers, Vopak Moda Houston is a vital link in the new energy transition supply chain. We are in active discussions with customers to provide logistics solutions for low-carbon products, including storage and handling of green and blue ammonia, hydrogen and low-carbon bunkering. Thanks to the determination, hard work and collaboration amongst the teams since its formation, Vopak Moda Houston is well positioned to become the premier low-carbon ammonia and hydrogen terminaling hub on the U.S. Gulf Coast.”
Vopak Americas President Chris Robblee added, “We are excited with this successful cooperation with Moda. This very well fits Vopak’s strategy of developing new infrastructure solutions for products like ammonia. Our expertise and our presence in the main industrial clusters makes us well-equipped to actively contribute to the development of new supply chains for the energy and feedstocks of the future.”
Ammonia already serves an important role in society by supplying vital components to chemical manufacturing and in fertilizers as a nutrient for the foods we grow. Ammonia is expected to become even more important in the future as it will be used as the preferred carrier for storing and transporting low-carbon hydrogen. In addition, ammonia has growing applications in power cells, power generation and ship bunkering.
Vopak Moda Houston also operates a unit train rail loop served by all three main rail lines. Vopak Moda Houston has completed construction of its rail infrastructure for the storage and handling of pressurized gas for a global energy company.
Vopak Moda Houston Terminal: Key Metrics
About Royal Vopak
Royal Vopak is the world’s leading independent tank storage company. We store vital products with care. With over 400 years of history and a focus on sustainability, we ensure safe, clean and efficient storage and handling of bulk liquid products and gases for our customers. By doing so, we enable the delivery of products that are vital to our economy and daily lives, ranging from chemicals, oils, gases and LNG to biofuels and vegoils. We are determined to develop key infrastructure solutions for the world’s changing energy and feedstock systems, while simultaneously investing in digitalization and innovation. Vopak is listed on the Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands. For more information, please visit vopak.com.
About Moda Midstream, LLC
Moda Midstream, LLC develops advantaged and sophisticated infrastructure for storing and handling liquids products that are essential to our economy and our way of life. Moda helps customers increase the efficiency and protect the integrity of their supply chains. Moda’s mission is to be the logistics and terminaling provider of choice by delivering safe, reliable and sustainable solutions. Moda is backed by EnCap Flatrock Midstream. In October 2021, Moda closed on the sale of its Moda Ingleside Energy Center (MIEC) to Enbridge. MIEC, now known as the Enbridge Ingleside Energy Center, is the largest crude oil export terminal in the U.S. Please visit www.modamidstream.com.
About EnCap Flatrock Midstream
EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm was formed in 2008 by a partnership between EnCap Investments L.P. and Flatrock Energy Advisors, LLC. Based in San Antonio with offices in Oklahoma City and Houston, the firm manages investment commitments of nearly $9 billion from a broad group of prestigious institutional investors. EnCap Flatrock Midstream is currently making commitments to new management teams from EFM Fund IV, a $3.25 billion fund. For more information, please visit www.efmidstream.com.
Casey Nikoloric, Managing Principal
TEN|10 Group, LLC
303.433.4397, x101 o
303.507.0510 m
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Fluence will serve as SunMed’s exclusive LED provider as the cultivator retrofits its greenhouse facilities and doubles the amount of LED lighting in its upcoming expansion
AUSTIN, Texas--(BUSINESS WIRE)--Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, announced today its partnership with SunMed Growers, a 250,000-square-foot greenhouse cannabis facility located in Warwick, Maryland. Together, the companies have retrofitted SunMed’s facility from high-pressure sodium (HPS) fixtures to LEDs and increased overall light intensity over the last two years, resulting in up to 30% yield increases for several of the company’s main production strains.
The largest cultivator in Maryland, SunMed is helmed by third-generation greenhouse grower Jake Van Wingerden. Van Wingerden’s family carries a notable legacy in the industry and is a household greenhouse grower name among horticulturists. According to a recent feature in Cannabis Business Times, members of the Van Wingerden family oversee more than 30 million square feet of U.S. greenhouse space. Jake Van Wingerden channeled decades of cultivation knowledge into one of the most advanced cannabis facilities in the U.S., which he expanded from 70,000 square feet to 250,000 square feet in just five years.
“We have learned so much over the last five years and I’m thrilled that we not only continue to grow our footprint, but deliver the highest-quality cannabis products to the Maryland market,” Van Wingerden said. “Through our partnership with Fluence, we’ve seen a notable difference in plant quality over the last two years. Our plants have never been healthier and are growing with incredible vigor under Fluence’s LEDs.”
Before implementing Fluence’s lighting solutions, Van Wingerden used HPS fixtures to supplement the greenhouse’s natural light. However, he knew he could bring in more light at higher efficiencies with more advanced technology. After researching the benefits of LEDs, he realized the significant energy savings, higher light levels—without excess heat—and overall increases in yield were more advantageous than continuing with HPS. After successful trialing of Fluence’s LEDs, Van Wingerden and SunMed made the decision to retrofit the entire facility with Fluence’s VYPR series top light. The data shows from 2019 to 2021, SunMed recorded up to 30% increases in yield across several of its most prominent strains. SunMed also recorded consistent or slightly elevated levels of potency. Now, Van Wingerden is working with Fluence to double the facility’s light intensity without impacting the shading of the current fixture arrangement.
“Cannabis plants can take a tremendous amount of light. By doubling our light intensity—and with another facility expansion in our future—we’ll be producing off-the-charts yields,” Van Wingerden added.
In addition to Fluence’s LED technology, SunMed’s facility also leverages a fully automated Dutch rolling table system to move plants through each phase of cultivation. Coupled with its in-house growing media and stringent sanitation practices, SunMed’s pristine greenhouse reflects Van Wingerden’s rich expertise as well as his team’s combined horticulture experience.
“It’s an honor to work alongside Jake and his team at SunMed—they are true experts at their craft and are pioneering some of the most innovative facility designs on the market today,” said David Cohen, CEO of Fluence. “We’re eager to support the SunMed team in their future expansions and witness how high-light-intensity strategies can drive record yields and superb plant quality.”
For more information on Fluence, visit www.fluence.science.
About Fluence by OSRAM
Fluence Bioengineering, Inc., a wholly-owned subsidiary of OSRAM, creates powerful and energy-efficient LED lighting solutions for commercial crop production and research applications. Fluence is a leading LED lighting supplier in the global cannabis market and is committed to enabling more efficient crop production with the world’s top vertical farms and greenhouse produce growers. Fluence global headquarters are based in Austin, Texas, with its EMEA headquarters in Rotterdam, Netherlands. For more information about Fluence, visit https://fluence.science.
About SunMed Growers
SunMed Growers and SunMed Labs are owned and operated by Jake Van Wingerden in Cecil County, Maryland. Marrying science and passion with state-of-the-art, “Dutch-style” greenhouse cultivation practices and science driven extraction, SunMed provides Maryland patients with natural medicine grown in full-spectrum sunlight, setting the standard for clean and sustainable medical cannabis.
For Fluence,
Emma Chase
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C: 512-917-4319
WASHINGTON--(BUSINESS WIRE)--#FemaleFounders--Beyond The Billion, a global consortium of venture capital (VC) funds and limited partner (LP) investors released Our First Billion Global Impact Report, assessing the results of their two-year campaign. Launched to address the gender venture funding gap where women founders only received 2.2% of venture capital, the campaign inspired venture capitalists to pledge to invest more into women-founded companies. While the pledges made were not legally binding, the results demonstrate that participating funds have taken their commitment seriously.
This report, published with support from Pacific Western Bank, Mastercard, Bank of America and Motley Fool Ventures, found that the consortium deployed 61%, or $638 million of their pledged amount in just two years into almost 800 women-founded companies—nine of which were recognized as unicorns, with the remainder expected to be deployed by 2023.
“Innovative women founders are solving some of the world’s most pressing problems and so many of them were funded by our partner funds. Even as they enable women-led companies to scale, these savvy VCs are improving their returns,” said Shelly Porges, Co-Founder & Managing Partner of Beyond The Billion.
Sarah Chen, Co-Founder & Managing Partner of Beyond The Billion added, “These results are a testament to the collective power of our community of investors activated around a specific goal. Despite the global pandemic, our partner funds have remained steadfast in their commitment to invest in women founders while addressing real structural issues in closing the gender venture funding gap.”
Kay Parry, Managing Director, Venture Banking of Pacific Western Bank that sponsored this report added, “There is growing recognition in the venture industry that great ideas and successful entrepreneurs can come from anywhere, and the best returns are achieved with diverse teams. As importantly, this recognition extends to the LP community where we consistently hear that diversity within portfolios is now a part of their diligence process. We are excited by the progress made in 2021 and remain committed to working toward the goal of a private investment industry that more fully reflects the breadth and depth of innovators and risk-takers in our country.”
To view the full press release, click here.
To download the full report, click here.
About Beyond The Billion
Beyond the Billion’s (BTB) first pledge campaign was launched in October 2018 with an audacious goal of catalyzing $1 billion for women founders globally, addressing the gender venture investment gap where women were receiving only 2.2% of all venture capital funding. Building on this momentum, founders Shelly Porges and Sarah Chen launched Beyond The Billion to catalyze capital deployed to and with these venture funds, and ensure continued investment by mobilizing limited partners (LPs) and connecting them to general partners (GPs) who invest in venture-backable companies founded by diverse women.
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About Pacific Western Bank
Pacific Western Bank is a commercial bank with over $34 billion in assets headquartered in Los Angeles, California, with 70 full-service branches. The venture banking team specializes in financial products and services for startups, venture-backed businesses, and their venture capital and private equity investors. The experienced team is committed to the space and dedicated to delivering high-touch, tailored solutions, helping innovators take their business to the next level. To learn more about Pacific Western Bank, visit www.pacwest.com, or follow them on LinkedIn and Twitter.
MEDIA:
Emmie Twombly
Media & Communications
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ANAHEIM, Calif.--(BUSINESS WIRE)--$WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that New York City Housing Authority (NYCHA) selected Willdan through a technical engineering competition to provide innovative thermal load solutions for greenhouse gas emissions reduction at Tilden and Pink Houses. This $90 million design-build contract upgrades the heating and hot water infrastructure at multifamily housing facilities and introduces innovative electrification measures, reducing greenhouse gas emissions in accordance with NYCHA’s sustainability agenda.
These upgrades also aim to improve resident comfort indoors, domestic hot water availability, and heating reliability. As part of the winning design, Willdan proposed advanced heat pumps for both Tilden and Pink Houses and an innovative heating technology for Tilden Houses that provides new electrical heating panels that will allow the residents to control the temperature in each room. This heating technology is popular in Northern Europe and has been proven to be safe and comfortable in high-end hotels and offices throughout the world. More information about this technology and its benefits will be provided to Tilden residents prior to deployment. Other enhancements include central plant upgrades and air-to-water heat pumps for domestic hot water production.
“Addressing climate change and creating a greener, more sustainable world is one of the most pressing issues of our time,” said NYCHA Chair & CEO Greg Russ. “The partnership that we have established with the Willdan Group will allow us to significantly reduce greenhouse gas emissions at these developments while delivering meaningful eco-friendly upgrades at the same time.”
“Our innovative design was competitively selected to best execute a key strategy in NYCHA’s Climate Mitigation Roadmap,” said Tom Brisbin, Willdan’s CEO and Chairman. “This project helps achieve a core pillar of NYCHA’s vision to ‘build back better’ to meet a majority of building energy needs through low- or no-carbon sources. This win demonstrates that Willdan can provide innovative electrification solutions that can achieve some of the world’s most aggressive climate goals.”
This contract targets at least 80% reduction in greenhouse gas emissions, compliant with New York City’s Local Law 97. Willdan’s design can serve as a model for other high-rise buildings across the country. The design phase is scheduled to continue through 2021, with construction scheduled to begin in November of 2021 (Pink Houses) and January of 2022 (Tilden Houses).
About NYCHA
The New York City Housing Authority (NYCHA), the largest public housing authority in North America, was created in 1935 to provide decent, affordable housing for low- and moderate-income New Yorkers. NYCHA is home to roughly 1 in 15 New Yorkers across over 177,000 apartments within 335 housing developments. NYCHA serves over 350,000 residents through the conventional public housing program (Section 9), over 20,000 residents at developments that have been converted to PACT/RAD, and over 75,000 families through federal rent subsidies (the Section 8 Leased Housing Program). In addition, NYCHA connects residents to opportunities in financial empowerment, business development, career advancement, and educational programs. With a housing stock that spans all five boroughs, NYCHA is a city within a city.
About Willdan
Willdan is a nationwide provider of professional technical and consulting services to utilities, government agencies, and private industry. Willdan’s service offerings span a broad set of complementary disciplines that include electric grid solutions, energy efficiency and sustainability, engineering and planning, and municipal financial consulting. For additional information, visit Willdan's website at www.willdan.com. For additional information, visit Willdan's website at www.willdan.com. Follow Willdan on LinkedIn, Facebook, and Twitter.
Forward-Looking Statements
Statements in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. It is important to note that Willdan’s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors listed from time to time in Willdan’s reports filed with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K filed for the year ended January 1, 2021. Willdan cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Willdan disclaims any obligation to, and does not undertake to, update or revise any forward-looking statements in this press release.
Al Kaschalk
VP Investor Relations
310-922-5643
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Urges all shareholders to vote in favor of the company’s proposals
WILLISTON, Vt.--(BUSINESS WIRE)--$isun #cleanenergy--iSun, Inc. (NASDAQ: ISUN) (the “Company”, or “iSun”), a leading solar energy and clean mobility infrastructure company with 50-years of construction experience in solar, electrical and data services, reminds shareholders that it will convene a Special Meeting of Stockholders on Friday, December 17th at 2:00 PM EST to vote on three proposals recommended by the board to deliver greater value to shareholders.
HIGHLIGHTS:
“On behalf of the board, we encourage all shareholders to vote in favor of these proposals,” commented Jeff Peck, iSun CEO and Board Chairman. “The board believes it is in the best interests of iSun to amend the certificate of incorporation to give the Company greater flexibility in considering and planning for future corporation needs. The amendments proposed will make it easier and more cost-effective to make future amendments to the certificate of incorporation and will further reduce shareholder meeting costs. Because every shareholder’s vote is important, regardless of the number of shares you own, we encourage everyone to vote.”
In order to vote, shareholders must have a control number provided by their financial institution. Shareholders who do not have their control number should contact their financial institution. Shareholders who need additional assistance with their vote can receive verbal instructions by phone at 877-870-8565.
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About iSun Inc.
Since 1972, iSun has accelerated the adoption of proven, life-improving innovations in electrification technology. iSun has been the trusted electrical contractor to Fortune 500 companies for decades and has installed clean rooms, fiber optic cables, flight simulators, and over 400 megawatts of solar systems. The Company has provided solar EPC services across residential, commercial & industrial, and utility scale projects and provides solar electric vehicle charging solutions for both grid-tied and battery backed solar EV charging systems. iSun believes that the transition to clean, renewable solar energy is the most important investment to make today and is focused on profitable growth opportunities. Please visit www.isunenergy.com for additional information.
Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.
The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.
IR Contact:
Tyler Barnes
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802-289-8141
ROCKVILLE, Md.--(BUSINESS WIRE)--#communitysolar--Expanding its nationwide asset portfolio, Standard Solar, Inc., a recognized leader in the ownership, operation, funding and development of commercial and community solar assets, today announced it has acquired 10 megawatts of community solar projects in Oregon.
“This latest acquisition underscores the company’s expansion in the burgeoning Oregon market and across the U.S.,” said Mike Streams, Standard Solar’s Chief Development Officer. “These projects match our aggressive growth strategy, buying great projects that we will own for the long-term and taking strides to boost our nation’s clean energy transition and economy.”
The energy produced by the three ground-mount community solar arrays will allow residents and businesses in the Portland General Electric (PGE) and Pacific Power service territories to benefit from clean energy savings by offsetting their electricity bills with solar energy. Additionally, these projects include a 10 percent savings to low-to-moderate income (LMI) subscribers.
“This portfolio of projects contributes directly to Oregon’s clean energy economy by providing additional revenue through taxes, local economic development for the state and local governments, job creation and providing a clean, renewable energy source to residents, businesses and towns,” said Eric Partyka, Director of Business Development, Standard Solar.
All three projects are expected to commence construction over the next 12 months.
About Standard Solar
Standard Solar is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 17 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 250 megawatts of solar across the United States. Standard Solar is based in Rockville, Md. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar.
For project acquisition and development inquiries, contact Eric Partyka, Director of Project Development, 443-350-1776, This email address is being protected from spambots. You need JavaScript enabled to view it. and on LinkedIn.
PR:
Leah Wilkinson
Wilkinson + Associates
703-907-0010
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HOUSTON--(BUSINESS WIRE)--Octopus Energy Group announced a new long-term strategic partnership with Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest pension funds and a global force in energy investing.
This global partnership is formed of an initial US$300 million equity investment from CPP Investments with an aspiration to grow the level of committed capital over time to support Octopus in their mission to drive the global green energy revolution. The deal follows a recent investment round with Generation Investment Management and increases Octopus Energy Group’s valuation to approximately US$5 billion.
The $300 million funding will support Octopus Energy’s' global expansion, including in the U.S. This year, Octopus Energy opened its first U.S. headquarters in Houston, Texas, where it has grown its customer base by 10X. This $300 million will allow Octopus Energy to reach more consumers, deploy more renewable generation, advance new technologies, and collaborate with more energy companies, customers and utilities.
“This investment delivers a huge boost to our mission of expanding access to renewable energy and delivering exceptional customer service across all markets. Octopus Energy has turned energy on its head – thrown away the call centers, confusing bills and tired systems – to create a better customer experience for everyone that takes into consideration how consumers interact with their energy and smart home devices, while making the experience more enjoyable, visually appealing and understandable. We’re thrilled to continue making strides on this work, while advancing renewable energy and strengthening the grid across the U.S.,” said Michael Lee, CEO of Octopus Energy U.S.
The initial commitment from CPP Investments and the broader partnership will also help grow Octopus’s Kraken platform, accelerating the transition of energy assets globally. It will also boost Octopus’s smart grid capabilities and help expand the company’s green energy generation, including but not limited to the Fan Club – the U.K.’s first renewable energy tariff that gives communities close to specific wind turbines cheaper power when the blades are spinning significantly (80% of the time).
CPP Investments, the professional investment management organization managing the C$541 billion fund, is a significant provider of capital to companies looking to capture opportunities brought about by the energy revolution and the shift in global demand for low-carbon energy alternatives. Its Sustainable Energies Group, led by Bruce Hogg, is active across the global energy system with total assets of approximately C$19.5 billion, including investments in renewables, utilities, and power generation.
“In the decades to come, some of the most rewarding long-term investment opportunities in the global economy rest among those businesses that will enable, evolve and innovate along the path to a net-zero world. As a large, long-term investor, we are well-positioned to continue our leadership in investing in the whole economy evolution required by climate change. This investment and partnership with Octopus Energy, made through our Sustainable Energies Group, is a perfect example of how investors can work with leading tech-enabled energy companies to digitally disrupt the global energy system and support the evolution to a low carbon world,” said Deborah Orida, Chief Sustainability Officer and Senior Managing Director, Global Head of Real Assets, CPP Investments.
Octopus is driving a global green energy revolution, with a goal of 100 million energy accounts on Kraken, Octopus’s proprietary smart grid customer service technology, by 2027. Octopus’s renewable investment arm, Octopus Energy Generation, is one of Europe’s largest renewable energy investors and manages assets in excess of $4.5 billion. Current estimates put Octopus on the path to double its global generation portfolio, providing enough energy to power an additional 2 million homes by 2025.
“Octopus has pioneered the technology that allows citizens to benefit from cheaper energy as it gets greener. CPP Investments is a global force in energy investing, and their investment and partnership will enable us to build this truly innovative approach along the entire energy value chain. Innovating new ways to accelerate investment into the renewable energy revolution is vital to delivering governments’ net zero goals and the CPP Investments-Octopus partnership is globally significant, paving the way to billions of dollars of investment in the U.K. and globally. Make no mistake – this partnership is huge,” said Greg Jackson, CEO and founder of Octopus Energy Group.
Through the establishment of the Sustainable Energies Group (SEG), CPP Investments is building on existing strengths in renewables, conventional energy and innovation. Additionally, the organization’s Sustainable Investing (SI) group supports investment departments on the integration of relevant ESG considerations into investment decision-making and asset management.
This is another strong milestone for Octopus Energy following the investment by Generation Investment Management’s Long-term Equity strategy in September 2021.
About Octopus Energy Group
Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution. It is part of Octopus Group, which is a certified BCorp. With operations in 13 countries, Octopus Energy Group's mission is going global.
Octopus’s domestic energy arm already serves 3.1 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy. Octopus Electric Vehicles is helping make clean transport cheaper and easier, and Octopus Energy Services is bringing smart products to thousands of homes. Octopus Energy Generation is one of Europe’s largest investors in renewable energy, managing a $4.5 billion portfolio of renewable energy assets throughout the continent.
All of these are made possible by Octopus’s tech arm, Kraken Technologies, which offers a proprietary, in-house platform based on advanced data and machine learning capabilities, Kraken automates much of the energy supply chain to allow outstanding service and efficiency as the world transitions to a decentralised, decarbonised energy system. This technology has been licensed to support over 20 million customer accounts worldwide, through deals with EDF Energy, Good Energy, E.ON energy and Origin Energy.
In September 2021, Octopus Energy Group was valued at $4.6 billion after taking $600 million investment from Generation Investment Management, a firm that backs businesses that drive sustainability and the fight against climate change. It was the company’s third major investment round since launching to the market.
For more information, check out our website.
About Canada Pension Plan Investment Board
Canada Pension Plan Investment Board (CPP Investments) is a professional investment management organization that manages the fund in the best interest of the more than 20 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At September 30, 2021, the Fund totalled C$541.5 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Facebook or Twitter.
Media: Pakelody Cheam, This email address is being protected from spambots. You need JavaScript enabled to view it.
Blending hydrogen into the existing natural gas infrastructure provides long-term benefits for energy storage and resiliency
LOS ANGELES & SAN JOSE, Calif.--(BUSINESS WIRE)--$BE #hydrogen--Southern California Gas Co. (SoCalGas), the nation's largest natural gas distribution utility, and Bloom Energy (NYSE:BE) today announced a project to showcase the future of the hydrogen economy and the technologies needed to help California reach carbon neutrality. The companies will collaborate to generate and then blend hydrogen into a university customer’s existing natural gas network to demonstrate how the natural gas infrastructure can be decarbonized, while balancing future energy supply and demand. The project is set to launch next year on the campus of the California Institute of Technology (Caltech) in Pasadena.
“California has ambitious climate goals, and a successful energy transition will require companies to collaborate and implement innovative projects,” said California State Assembly member Chris Holden. “This unique demonstration could help our state transition to a carbon neutral future.”
The collaboration will utilize Bloom Energy’s solid oxide, high temperature electrolyzer to generate hydrogen, which will then be injected into Caltech’s natural gas infrastructure. The resulting 10 percent hydrogen blend will be converted into electricity without combustion through existing Bloom Energy fuel cells downstream of the SoCalGas meter, producing electricity for a portion of the university. For the purpose of this project, the electrolyzer is designed to generate hydrogen from grid electricity.
At scale, the electrolyzer and fuel cell combination could enable long duration clean energy storage and low-carbon distributed power generation through the gas network for businesses, residential neighborhoods, and dense urban areas. When configured as a microgrid, it could also provide resilient power when and where energy is needed most, protecting businesses, campuses or neighborhoods from widespread power outages.
“We need to pursue a diverse set of decarbonization levers,” said Maryam Brown, president, SoCalGas. “Projects like this expand and accelerate clean fuel initiatives, which will help decarbonize California faster.”
Bloom’s high-temperature electrolyzer produces hydrogen more efficiently than low-temperature PEM and alkaline electrolyzers. Because it operates at high temperatures, the Bloom Electrolyzer requires less energy to break up water molecules and produce hydrogen. Electricity accounts for nearly 80 percent of the cost of hydrogen from electrolysis. By using less electricity, hydrogen production becomes more economical and will accelerate adoption. The Bloom Electrolyzer is also designed to produce green hydrogen from 100 percent renewable power.
“With our technology and collaborations like this one, Bloom Energy continues to lead advancements in decarbonizing today’s energy system and accelerating a hydrogen-fueled economy,” said Sharelynn Moore, executive vice president and chief marketing officer, Bloom Energy. “Enabling both the production and utilization of hydrogen, Bloom Energy’s solutions are well-suited to support use of the natural gas network to reduce carbon emissions while bolstering energy resilience.”
A new economy-wide technical analysis released by SoCalGas revealed that fuel cell technology, powered by clean fuels like hydrogen, can provide additional reliability and resiliency that will be in increasing demand as California moves towards its decarbonization goals.
Today, SoCalGas is actively engaged in more than 10 pilot projects related to hydrogen, including its award-winning H2 Hydrogen Home. SoCalGas is also evaluating the potential to use existing infrastructure for transporting hydrogen through testing and demonstration at its engineering analysis center and is collaborating with California's other gas utilities and research institutions to develop a hydrogen blending standard for regulatory review.
Bloom Energy is engaged with industry leaders to accelerate the global hydrogen economy, including projects related to producing low-cost, green hydrogen and utilizing nuclear energy to create clean hydrogen.
To learn more about SoCalGas’ net zero goals, please visit: socalgas.com/mission
To see how Bloom Energy is powering the future, visit: bloomenergy.com/technology/powering-the-future/
About SoCalGas
Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California’s clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.
SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to the goal of achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. Bloom’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.
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," “goal,” “aim,” “commit,” or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S. in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) the ability to realize anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at the Aliso Canyon natural gas storage facility; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; cybersecurity threats to the storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business; volatility in inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. Some of these risks and uncertainties are further discussed in the reports that Sempra and Bloom Energy have filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, on Sempra’s website, www.sempra.com, and Bloom Energy’s website, www.bloomenergy.com. Investors should not rely unduly on any forward-looking statements. Neither party undertakes any obligation to revise or publicly update any forward-looking statements unless if and as required by law.
MEDIA CONTACTS:
Bloom Energy
Jennifer Duffourg
(480) 341-5464
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SoCalGas
Elizabeth Rodil
(213) 418-5252
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INVESTOR RELATIONS:
Bloom Energy
Edward Vallejo
(267) 370-9717
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DUBLIN--(BUSINESS WIRE)--The "Global Last Mile Delivery Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The global last mile delivery market is poised to grow by $146.96 billion during 2021-2025, progressing at a CAGR of 15.06% during the forecast period.
This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by growing global e-commerce industry and premiumization of goods and merchandise delivery. The study identifies the growing number of warehouses as one of the prime reasons driving the last mile delivery market growth during the next few years.
The market is segmented as below:
By Service
By Geographical Landscape
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading last mile delivery market vendors that include:
Also, the last mile delivery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/f8cbdd
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T. Office Hours Call 1-917-300-0470
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Key report findings
SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce the release of a report on ‘Cryptocurrency and The Distributed Digital Economy in Australia.’
Mawson engaged EY (formerly Ernst & Young) to examine the economic impact of Australia’s cryptocurrency and digital asset sector. This was in response to the Senate Committee report entitled “Australia as a Financial and Technology Centre Final Report”. The report highlighted the opportunity which cryptocurrencies, blockchain and the digital economy could have on Australia both now and into the future.
Mawson believes that cryptocurrencies and related digital assets will help shape Australia’s future economy and sees enormous potential in this industry to drive long-term economic value.
The report found that in 2021, digital assets will contribute $2.1 billion to the Australian economy, employ 11,600 people, may reduce electricity price volatility and assist in the transition to renewable energy. The EY analysis indicates that by 2030 the impact could be $68.4 billion to the Australian economy and employ in excess of 200,000 people.
James Manning, CEO and Founder of Mawson, said: “Digital assets and infrastructure are critical ingredients to Australia’s digital and economic future. We are at a crossroads. As an industry, we desperately need a fit-for-purpose policy and regulatory framework to provide greater security and certainty to consumers and the crypto industry.
“The Bragg Report [Click Here] recommendations, in particular, represent a significant coming together of industry, regulators and government. The Bragg recommendations, if adopted, will revolutionize the Australian crypto sector and improve consumer protection, therefore driving innovation, confidence and growth in the sector.”
EY Oceania Strategy & Transactions Partner, Steve Brown said: “Overall, our analysis finds that the cryptocurrency and digital asset sector could provide significant economic benefits to the Australian economy moving forward, but that Australia does not yet have fit-for-purpose regulatory systems to promote certainty for new businesses, investors and consumers in the digital asset space.
“Well-designed standards, robust regulation and the right policy settings will be needed to drive innovation while managing unfamiliar services and providing proper safeguards. This will be pivotal to unlocking benefits to businesses and consumers as financial markets become more dispersed, more digital and more crypto-intensive.”
About Mawson Infrastructure
Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA and Australia. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation mobile data centre (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure.
For more information, visit: Mawsoninc.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as “expect,” “intend,” “plan,” “anticipate,” “believe,” and “will,” among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading “Risk Factors” included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 1, 2021 and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021, and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law.
Investor Contact:
USA
Brett Maas
+1 646-536-7331
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www.haydenir.com
AUSTRALIA
Heath Donald
+ 61 419 426 342
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OVERLAND PARK, Kan.--(BUSINESS WIRE)--TortoiseEcofin today announced that GreenSky, Inc (NASDAQ: GSKY) will be removed from the Ecofin Global Digital Payments Infrastructure IndexSM (TPMT) as a result of the approved merger with The Goldman Sachs Group, Inc (NASDAQ: GS). Due to the merger, GSKY will be removed from the index at market open on Wednesday, December 15, 2021.
About TortoiseEcofin
TortoiseEcofin focuses on essential assets – those assets and services that are indispensable to the economy and society. We strive to make a positive impact on clients and communities by investing in energy infrastructure and the transition to cleaner energy and by providing capital for social impact projects focused on education and senior housing. TortoiseEcofin brings together strong legacies from Tortoise, with expertise investing across the energy value chain for more than 20 years, and from Ecofin, which unites ecology and finance and has roots back to the early 1990s. To learn more, visit www.TortoiseEcofin.com.
The Ecofin Global Digital Payments Infrastructure IndexSM represents the existing global digital payments landscape. It is a proprietary, rules-based, modified market capitalization-weighted, float-adjusted index comprised of companies that are materially engaged in digital payments, including merchant processing and settlement, real time record keeping, settlement networks, and Fintech products/ services that facilitate the ease, efficiency, and speed of electronic transactions. This includes companies whose primary business is comprised of one or a combination of the following categories: credit card networks, electronic transaction processing and associated products/services, credit card issuers, electronic transaction processing software (payments Fintech) or online financial services market places.
This index mentioned above is the exclusive property of TIS Advisors and is calculated by Solactive AG (“Solactive”). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive AG (“Solactive”) in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or the completeness of the Index or the calculations thereof; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index.
This data is provided for informational purposes only and is not intended for trading purposes. This document shall not constitute an offering of any security, product or service. The addition, removal or inclusion of a security in the index is not a recommendation to buy, sell or hold that security, nor is it investment advice. The information contained in this document is current as of the publication date. Tortoise makes no representations with respect to the accuracy or completeness of these materials and will not accept responsibility for damages, direct or indirect, resulting from an error or omission in this document. The methodology involves rebalancing and maintenance of the index that is made periodically during each year and may not, therefore, reflect real time information.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Maggie Zastrow, (913) 981-1020 or This email address is being protected from spambots. You need JavaScript enabled to view it.
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