DUBLIN--(BUSINESS WIRE)--Rubicon Capital Advisors (“Rubicon”), one of the world’s leading investment banking firms focused on the broader infrastructure, energy and digital sectors, is pleased to announce the opening of a new office in Santiago de Chile. The opening of the Chilean office, which represents Rubicon’s third in the region, supports the firm’s continued global growth and investment in Latin America, which Rubicon considers a key growth market for the firm.

Andres Onetto, who recently joined from Scotiabank, will head the firm’s investment banking and principal investment activities in Chile, Argentina, Paraguay and Uruguay in close cooperation with the firms offices in Mexico and Colombia. Felipe Caro will also join the company from Scotiabank as a Senior Analyst. Rubicon intends to make additional hires over the coming months.

“I am delighted to join the Rubicon team at this particularly exciting time. The opening of the Chile office will allow clients unparalleled access to the Southern Cone together with on-the-ground experience, contacts, and market expertise. Rubicon’s Colombia and Mexico offices are already leaders in the region and with the addition of an office in Chile, we hope to soon become the number one financial advisor within the broader infrastructure, energy and digital sectors across Latin America”, commented Andres Onetto, Managing Director.

Chile’s infrastructure market has attracted world-class investors, ranging from international and local construction companies and infrastructure operators to private equity and pension funds. Recently, the Chilean government announced its 2022 infrastructure plan, which includes infrastructure tenders worth approximately US$4.7bn, which will play an important part in Chile’s economic recovery from the pandemic.

Commenting on the expansion, Jesus Gonzalez Torrijos, Partner at Rubicon stated; “This is an exciting time for us. Thanks to a stable regulatory framework and supportive business environment, Chile possesses one of the most developed transport and energy infrastructure networks in Latin America. Our investment into Chile makes complete sense as we continue to widen our networks, grow our team and provide our clients with “on the ground” expertise. We are delighted to welcome Andres and Felipe to the Rubicon team.”

The opening of the new Chile office marks Rubicon’s seventh office globally, with the firm also having in addition to Mexico City and Bogotá a presence in New York, Dublin, Madrid and Seoul. Rubicon’s objective is to build an elite team that can offer the highest quality service to its clients combined with unrivalled international reach. Over the next few months, Rubicon will be seeking to hire further outstanding talent within the digital, infrastructure, and renewables sectors across its global office network.

About Rubicon Capital Advisors

Rubicon is one of the world’s leading investment banking firm’s focused solely on the infrastructure, energy, digital & utilities sectors. With offices in Europe, the Americas and Asia, the firm has a truly global reach. Since its inception in 2011, Rubicon has closed on the sale, acquisition or refinancing of well over 100 essential infrastructure, energy, digital & utilities assets located across Europe, North America, Latin America and Asia with a combined enterprise value in excess of US$85 billion. The firm is regulated by the Central Bank of Ireland and its U.S. affiliate is a member of FINRA and SIPC and registered as a broker-dealer with the SEC. Learn more about the firm at: www.rubiconcapitaladvisors.com and by following Rubicon Capital Advisors on LinkedIn.

For additional media inquiries, contact:
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High-efficiency floodlight offers 3000K, 4000K and 5000K switch with the flexibility to adjust wattage from 49 to 70 watts to ensure optimal light levels

NORTON SHORES, Mich.--(BUSINESS WIRE)--EarthTronics, dedicated to developing innovative energy-saving lighting products that provide a positive economic and environmental impact, introduces its Color & Wattage Selectable LED Floodlight to offer precise security and general area illumination for commercial buildings and can also be used for advertising or as landscape lighting. The new LED floodlight allows facilities the flexibility of switching between three temperatures (3000K, 4000K and 5000K) at the time of installation and four wattages (49, 56, 63 and 70 watts) to ensure the proper lighting for improved visual acuity and enhanced security.

The flexible Color & Wattage Selectable LED Floodlight delivers a highly efficient 135 lumens per watt with an 80 CRI. Set at 49-, 56-, 63- or 70-watts, the floodlight produces 6650, 7600, 8550 and 9500 initial lumens, respectively. It has a 150° beam angle and accepts 120 – 347-volt AC power supply.

Designed for exterior security lighting on office buildings, hospitals, municipalities, manufacturing facilities, schools, warehouses and other commercial structures, the Color & Wattage Selectable LED Floodlight is IP65 rated for wet applications. The floodlight has a durable, high-quality, textured architectural bronze powder coat finish with a high impact acrylic lens for long-term performance. It comes with a standard knuckle joint; plus, a yoke mount is available.

A DLC® premium product, the Color & Wattage Selectable LED Floodlight is cUL, RoHS and UL certified to comply with North American safety standards. The easy-to-install light will perform in temperatures ranging from -40°F to 131°F with a rated performance life of 50,000 hours and comes with a five-year limited warranty. The floodlights may be accepted for utility rebates in many markets.

For more information about the Color & Wattage Selectable LED Floodlight, visit EarthTronics at https://www.earthtronics.com/product/9950-lumens-70-watt-led-color-selectable-floodlight/.

About EarthTronics

Dedicated to creating a positive impact for the environment, businesses and consumers, EarthTronics, Inc. is an LED energy efficient solutions company based in Norton Shores, Michigan. EarthTronics offers high-performance EarthBulb LED light bulbs, T8 and T5 linear LEDs, and LED fixtures that are designed for commercial buildings, hotels, restaurants, retail stores and residential homes. All EarthTronics LED products provide energy savings with a solid return on investment for energy retrofits, renovation projects and new construction. More information can be found at www.earthtronics.com.

Brian Bloom
Falls Communications
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216-696-0229

ROCKVILLE, Md.--(BUSINESS WIRE)--#CarrollCounty--A new community solar array will increase energy access and bring economic benefits, job creation, tax revenue and other tangible benefits to Carroll County, Maryland residents. Standard Solar, Inc., a national leader in the acquisition, development, ownership and operation of commercial and community solar assets, acquired the 2.9 megawatt (MW) Klees Mill community solar project from developer partners Ogos Energy LLC and Earth and Air Technologies.

This most recent project marks a total of about 10 MW acquired and being implemented in Carroll County with these developer partners.

“Approximately 5% of Maryland’s electricity is produced by solar,” said John Finnerty, Director of Business Development, Standard Solar. “The new community solar farm at Klees Mill in Carroll County brings the state closer to meeting its goal of having 50% of its energy come from renewable sources by 2030, with a minimum of 14.5% from solar power.”

In addition to providing subscribers with cost savings, the solar farm will help mitigate climate change and offset CO₂ emissions and power about 400 homes electricity annually.

“By paving the way for solar, Carroll County officials are leading the way in transforming our nation’s energy supply,” continued Finnerty.

The Klees Mill Community Solar project is a 2.9 MW ground-mount solar array in Sykesville, Md., featuring 7,344 solar modules. It is expected to produce 4,458,000 kilowatt-hours of solar energy annually, which is equivalent to offsetting the greenhouse gas emissions from 687 passenger vehicles driven for one year and the CO₂ emissions of 355,000 gallons of gasoline consumed annually.

Standard Solar owns and operates more than 220+ MW of community solar projects around the United States.

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 280 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 John Finnerty, Director of Project Development, 240-479-1519, 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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WALTHAM, Mass.--(BUSINESS WIRE)--#energy--Opinion Dynamics is pleased to introduce Jordan Wilkerson as the Vice President of Technical Strategy. A multidisciplinary engineer and proven leader, Jordan brings deep, diverse, and relevant energy industry experience solving critical energy and environmental challenges to this new role. As Vice President of Technical Strategy, Jordan will work in partnership with Opinion Dynamics’ exceptional Data Analytics, Data Management, and Business Development leadership to steer data-driven expansion of technical and analytic solutions to help support evolving client needs and strategic company growth.

“I’m thrilled that Jordan has joined Opinion Dynamics,” said Bill Norton, President and Chief Operations Officer of Opinion Dynamics. “With Jordan focused on driving collaboration across the leadership of our Data Management, Data Analytics, and Engineering teams we’re incredibly well positioned to define, develop, and deploy bespoke analytic and technical solutions required to address the emerging needs of our clients.”

“I am excited to work alongside so many smart and thoughtful colleagues at Opinion Dynamics,” said Opinion Dynamics Vice President of Technical Strategy, Jordan Wilkerson. “I look forward to helping this team continue to find challenging and rewarding solutions to energy industry issues and developing strategies for the future.”

About Opinion Dynamics – Opinion Dynamics works to advance knowledge to address emerging energy and social issues through sound and insightful research. It is the largest independently owned company that focuses on energy efficiency, transportation electrification, beneficial electrification, and flexible load. It is headquartered in Massachusetts with offices in Northern and Southern California, and Portland, OR, as well as satellite offices throughout the country. For more information, please visit www.opiniondynamics.com.

Media Contact:
Keri Bailey, Communications Manager
PH: 617-492-1400 x4645
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HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced several promotions within Crestwood’s senior management team, effective immediately.

Robert Halpin has been promoted to President and Chief Financial Officer, reporting directly to Robert G. Phillips, Founder, Chairman and Chief Executive Officer. Mr. Halpin has been with the Crestwood organization since 2012 and in his time with the company has played an integral role in the development and execution of Crestwood’s corporate and financial strategy. In his new role, Mr. Halpin will be responsible for leading all of Crestwood’s commercial, operations, engineering and project management, sustainability and financial activities. Previously, Mr. Halpin has served as Executive Vice President and Chief Financial Officer since 2015, Vice President, Finance from January 2013 until April 2015 and Vice President, Business Development from January 2012 to January 2013. Before joining Crestwood, Mr. Halpin worked in finance at First Reserve and Barclays Capital.

Diaco Aviki has been promoted to Executive Vice President and Chief Operating Officer, reporting directly to Mr. Halpin. In his new role, Mr. Aviki will be responsible for overseeing Crestwood’s commercial, business development, field operations, engineering and project management functions which primarily support Crestwood’s gathering and processing business. Mr. Aviki has been with the Crestwood organization since 2017, previously having served as Senior Vice President of Business Development and Commercial Operations, and has played a critical role in the growth and commercial success of Crestwood’s assets in the Williston, Delaware and Powder River basins. Prior to joining Crestwood, Mr. Aviki had an extensive career in the upstream and midstream sectors with ExxonMobil and BHP Billiton.

Joanne Howard has been promoted to Senior Vice President of Sustainability and Corporate Communications, reporting directly to Mr. Halpin. Ms. Howard has been with Crestwood since 2018, previously having served as Vice President of Sustainability and Corporate Communications, and has led Crestwood’s sustainability initiatives helping the company establish a leadership position in ESG performance across the midstream sector. Among several recent awards, Crestwood’s ESG Program was recognized by Institutional Investor in the 2022 Team rankings as a Best ESG Program for Small Cap – Energy and by Hart Energy as an Energy ESG Top Performer in the midstream sector. In her continuing role, Ms. Howard will be responsible for Crestwood’s industry-wide efforts to advance sustainability across the energy value chain, external reporting of Crestwood’s ESG performance and initiatives, expanding sustainability across Crestwood’s portfolio and leading the company’s corporate communications and social investment programs.

“With the buy-in of the General Partner from First Reserve in March, the sale of Stagecoach Gas Services in July, and the announcement of the upcoming merger with Oasis Midstream in October, Crestwood completed one of our most strategic and transformative years in 2021. I could not be prouder of how well the partnership is positioned as we kick off another new year in 2022,” stated Robert G. Phillips, Founder, Chairman and Chief Executive Officer. “We have an incredible management team and dedicated work force at Crestwood, and I am very excited to announce these well-earned executive promotions which both rewards significant contributions to Crestwood’s success and further aligns our commercial, operations and finance functions going forward. With the recently expanded and independent board of directors, the pending merger with Oasis Midstream, and the new management operating structure under Robert and Diaco’s leadership, I’m quite optimistic about Crestwood’s ability to continue driving sustainable value for our investors for the long-term future.”

About Crestwood Equity Partners LP

Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns and operates midstream businesses in multiple shale resource plays across the United States. Crestwood is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminalling and marketing of NGLs; gathering, storage, terminalling and marketing of crude oil; and gathering and disposal of produced water. Visit Crestwood Equity Partners LP at www.crestwoodlp.com; and to learn more about Crestwood’s sustainability efforts, please visit https://esg.crestwoodlp.com.

Forward Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal securities law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. These risks and assumptions are described in Crestwood’s annual reports on Form 10-K and other reports that are available from the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s view only as of the date made. We undertake no obligation to update any forward-looking statement, except as otherwise required by law.

Crestwood Equity Partners LP
Investor Relations Contact

Rhianna Disch, 713-380-3006
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Director, Investor Relations

Sustainability and Media Contact

Joanne Howard, 832-519-2211
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Senior Vice President, Sustainability and Corporate Communications

Engineering R&D Center to be setup in Krakow, Poland to service global customers

BENGALURU, India--(BUSINESS WIRE)--#AmitChadha--L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been awarded a deal worth USD45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio.

Under the terms of the 5-year agreement, LTTS will work with the customer to deliver solutions leveraging its e-mobility technology competence. Notably, this will be delivered from LTTS’ ER&D center in Krakow, Poland.

LTTS plans to have over 300 engineers working from its Krakow, Poland center in the next 3 years, marking its expansion into Eastern Europe.

Amit Chadha, CEO & Managing Director, L&T Technology Services said, “We have been investing in Electric, Autonomous and Connected Vehicle (EACV) as part of our 6 big bets and our engineers have developed several new scalable e-mobility solutions that can accelerate global automotive players’ EV development journey.

This landmark deal reinforces that our strategic investment is paying off and establishes LTTS’ dominant position in the EACV landscape. The Krakow R&D center will serve as a nearshore center to Western European and North American clientele across verticals.”

Over the past year, LTTS has been recognized for its proficiency in the EACV space by global analysts. LTTS has been recognized as a Leader in Everest Group’s Autonomous, Connected, Electric & Shared Mobility Automotive Engineering study. Zinnov Zones ER&D Services Report rated LTTS as a Leader in Telematics and ADAS as well as an overall Leader in the Automotive vertical. ISG Group also rated LTTS as a Leader in Smart Manufacturing Services for Automotive domain.

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 20,100 employees spread across 17 global design centers, 28 global sales offices and 79 innovation labs as of December 31, 2021. For more information please visit https://www.ltts.com/

Sayanti Chakraborty
L&T Technology Services Limited
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T: +91-80-67675168

Aniruddha Basu
L&T Technology Services Limited
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T: +91-80-67675707

BOSTON--(BUSINESS WIRE)--Today GE (NYSE: GE) announced the appointment of Scott Reese as Chief Executive Officer of GE Digital effective February 22, 2022. Reese succeeds Patrick Byrne who will continue at GE as Chief Executive Officer for the onshore wind business at GE Renewable Energy.

Reese joins GE from Autodesk (NASDAQ: ADSK) where he is executive vice president, product development and manufacturing solutions. He joined Autodesk in 2003 with the acquisition of VIA Development Corporation and has spent nearly two decades leading product and go-to-market initiatives across a wide range of industries, while driving aggressive growth with next-generation solutions for manufacturing. Reese also established Autodesk's cloud platform, products, operations, and cyber security practices.

Chief Executive Officer of GE’s global energy business portfolio, Scott Strazik said, “GE Digital is a critical part of the new energy company planned to spin off from GE in 2024. I am thrilled to have Scott Reese join this mission with his track record of transforming software businesses and driving growth. His deep software industry experience makes him the ideal fit to partner with our customers and the GE Digital team to accelerate the energy transition.”

Reese said, “I’m honored to take on this role and lead GE Digital’s mission to accelerate digital transformations and drive decarbonization efforts with our customers around the world. With global scale and leading technology, GE Digital’s growth potential is significant. I couldn’t be more excited to work with the talented team at GE Digital and the new energy company to make that grand vision a meaningful reality.”

Reese also serves on the board of The National Action Council for Minorities in Engineering, Inc. (NACME) and Model N, Inc. (NYSE: MODN), a leader in cloud-revenue management solutions.

Byrne said, “It’s been my great privilege to build and work alongside the team at GE Digital. I’m so proud of the work we do in partnership with our customers across the world, accelerating the digital transformation of their operations. Scott Reese is stepping in to lead a passionate team at the forefront of the energy transition and I look forward to seeing GE Digital’s impact for years to come.”

About GE:

GE (NYSE:GE) rises to the challenge of building a world that works. For more than 125 years, GE has invented the future of industry, and today the company’s dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. GE’s people are diverse and dedicated, operating with the highest level of integrity and focus to fulfill GE’s mission and deliver for its customers.

Media:
Neenu Sharma
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+1 (646) 785-9878

TAMPA, Fla.--(BUSINESS WIRE)--#energy--Skyway Capital Markets, LLC (“Skyway”) is pleased to announce the sale of Florida-based Go Solar Power, LLC (“Go Solar” or the “Company”) to Service Experts Heating & Air Conditioning, LLC (“Service Experts”), a portfolio company of global infrastructure investor Brookfield Infrastructure Partners (“Brookfield Infrastructure”). Skyway Capital Markets served as the exclusive investment banker to Go Solar for this transaction.

The acquisition will allow the two complementary and innovative organizations to add additional product lines and service capabilities for customers across the United States. Together, the two organizations provide a full range of solar, heating, plumbing and air conditioning products, installation, and repair capabilities.

Headquartered in Florida, Go Solar is a leading solar, battery, and roofing contractor for homeowners and building owners across seven states. Go Solar Power provides a holistic energy approach analyzing energy consumption, energy efficiency opportunities, demand charges, age of the roof, and more. Go Solar is a full service, turnkey contractor offering sales, design, engineering, operations, installation, service, and financing. With over 3,000 solar installations, Go Solar was rated #100 on the Inc. 5000 fastest growing companies, the highest ranked Solar Contractor on the list.

Go Solar will continue to operate under the Go Solar Power name and will be branded as a Service Experts company. The Boca Raton, Florida office will remain open and Court Weisleder, will serve as Manager of the Go Solar business unit.

Andrew Fenton, Managing Director at Skyway Capital Markets, commented, “It was great to represent a visionary entrepreneur such as Court who is truly a pioneer in the solar power industry. We work across a variety of sectors, but it’s incredibly rewarding to see how Skyway’s unique approach can particularly benefit home services focused clients. The exceptional outcome Skyway achieved for Court and his team is a great example.”

Skyway Capital Markets Senior Managing Director, Michael Faraone, added, “We are seeing a tremendous amount of interest in the solar space of late. Having a firm such as Brookfield Infrastructure, one of the largest and most successful infrastructure investors in history, entering the space is a great testament to how much opportunity there is in the solar industry.”

Skyway Capital Markets, LLC is a leading M&A advisor to closely held, founder-owned, and family-owned middle-market businesses.

About Skyway Capital Markets

Skyway Capital Markets is a nationwide, market-leading, award winning boutique investment bank. The firm works with middle market companies, public and private, through customized financial advisory services including corporate finance, capital raises, public and private offerings, mergers & acquisitions, fairness opinions, restructurings, and recapitalizations. Skyway Capital Markets is headquartered in Tampa, Florida and is a member of FINRA and SIPC. For additional information, please visit www.skywaycapitalmarkets.com.

Michael Faraone, Senior Managing Director
Phone: 727.776.7465
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Andrew Fenton, Managing Director
Phone: 813.298.2523
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Highest rated utility ranks 11^th overall, leads industry in job creation, employee benefits, financial management, community investment, health and safety, DEI initiatives

CHICAGO--(BUSINESS WIRE)--For the fifth consecutive year, Exelon has made the list of America’s Most JUST Companies by JUST Capital. The annual JUST 100 ranks the issues that matter most to the American public, including creating jobs in the U.S.; paying a fair, living wage; prioritizing accountability to all stakeholders; protecting worker health and safety; providing benefits; cultivating a diverse and inclusive workplace; producing sustainable products; and protecting customer privacy. Exelon ranked No. 11 of 954 companies on the overall 2022 list, moving up from No. 88 in 2021 and placing first among 38 companies in the Utilities industry.

“We are proud to be recognized for our efforts to create a more equitable economy for all of the communities we serve, prioritize the health and safety of our employees and customers and lead in the fight against climate change,” said Chris Crane, president and CEO, Exelon. “We are committed to providing a cleaner, brighter, more reliable, innovative and affordable energy future for our more than 10 million customers.”

Exelon tied for overall first place for local job creation, transparent charitable giving and transparent customer communication. Within the Utilities industry, Exelon scored first in the following categories:

• Local job creation
• Employee benefits
• Transparent charitable giving
• Financial management
• Opportunities for local businesses
• Local school support
• Five-year return-on-equity
• Data privacy
• Transparent customer communications

Exelon also scored near the top in customer service, climate commitments, board independence, diversity, equity and inclusion and climate mitigation/carbon reduction.

The rankings also highlighted Exelon’s achievements in creating 30,000 jobs in five years and advancing gender pay parity.

For more information about Exelon’s efforts as a just company, click here.

About Exelon

Exelon Corporation (Nasdaq: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2020 revenue of $33 billion. Exelon serves approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,400 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including three fourths of the Fortune 100. Follow Exelon on Twitter @Exelon.

Elizabeth Keating
Exelon Corporate Communications
312-848-0176
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ROUSH CleanTech first to earn the optional ultra-low nitrogen oxide CARB certification for 2022 model year with its Gen 5 propane engine

NEWS HIGHLIGHTS

• ROUSH CleanTech is first OEM to receive CARB’s 0.02 grams per brake horsepower-hour (g/bhp-hr) certification for 2022 model year.
• The company’s propane engine is 90% cleaner than national emissions requirements and achieves 2027 proposed standards on NOx.
• Blue Bird propane school buses equipped with ultra-low NOx engines will provide multiple advantages for school districts and school bus contractors seeking funding from the Infrastructure Investment and Jobs Act’s $2.5 billion Clean School Bus Program.

LIVONIA, Mich.--(BUSINESS WIRE)--ROUSH CleanTech is the first original equipment manufacturer to receive California Air Resources Board’s 0.02 grams per brake horsepower-hour certification for 2022 model year vehicles. The optional ultra-low CARB certification is 90% cleaner than current emissions standards for nitrogen oxides.

The new engine certification covers ROUSH CleanTech Gen 5 propane engines for Blue Bird school buses.

Propane is well established as an economical, clean and domestically produced alternative fuel for school buses. “Blue Bird is the leader in clean emissions school buses with over a decade of selling experience, and more than 20,000 clean and cost-reducing propane school buses on the road,” said Matthew Stevenson, president and CEO of Blue Bird Corporation. “Equipping our buses with the lowest nitrogen oxide propane engine is great news for the environment, our customers and our children.”

Nitrogen oxides, known as NOx, are a group of gases known as a primary contributor to acid rain, smog and other air quality issues. According to the Environmental Protection Agency, exposure to NOx can trigger health problems, such as asthma and other respiratory issues, especially in children.

“Since the introduction of our Ford 7.3L V8 propane engine in 2020, our team has worked tirelessly to gain this emissions certification,” said Todd Mouw, president of ROUSH CleanTech. “We remain committed to providing cost-efficient, advanced vehicle solutions for the school bus market that reduce environmental impact.”

This is the second time ROUSH CleanTech has earned the ultra-low NOx certification, previously for its 6.8L V10 propane engine in 2018. The certification is part of a proposed federal emissions regulation that goes into effect in 2027. “We didn’t wait for the regulation to go into law. We’ve already achieved it,” Mouw added.

Blue Bird propane school buses equipped with the ultra-low NOx engines will provide school districts and school bus contractors multiple advantages in seeking funding from the new Infrastructure Investment and Jobs Act’s Clean School Bus Program. The provision provides $2.5 billion for the purchase of low- and zero-emission school buses, including propane which is identified in the legislation as an emerging alternative fuel. Funding is slated to be released beginning in 2022 and continuing through 2026, with project implementation as soon as next year.

About Blue Bird Corporation: Blue Bird (Nasdaq: BLBD) is the leading independent designer and manufacturer of school buses, with more than 550,000 buses sold since its formation in 1927 and approximately 180,000 buses in operation today. Blue Bird’s longevity and reputation in the school bus industry have made it an iconic American brand. Blue Bird distinguishes itself from its principal competitors by its singular focus on the design, engineering, manufacture and sale of school buses and related parts. As the only manufacturer of chassis and body production specifically designed for school bus applications, Blue Bird is recognized as an industry leader for school bus innovation, safety, product quality/reliability/durability, operating costs and drivability. In addition, Blue Bird is the market leader in alternative fuel applications with its propane-powered, electric and compressed natural gas-powered school buses. Blue Bird manufactures school buses at two facilities in Fort Valley, Georgia. Its Micro Bird joint venture operates a manufacturing facility in Drummondville, Quebec, Canada. Service and after-market parts are distributed from Blue Bird’s parts distribution center located in Delaware, Ohio. For more information on Blue Bird’s complete line of buses, visit www.blue-bird.com.

About ROUSH CleanTech: ROUSH CleanTech, an industry leader of advanced clean transportation solutions, is a division of the global engineering company Roush Enterprises. ROUSH CleanTech develops propane autogas and electric propulsion technology for medium-duty Ford commercial vehicles and school buses. With more than 37,000 vehicles on the road, the Livonia, Michigan-based company delivers economical, emissions-reducing options for fleets across North America. Learn more at ROUSHcleantech.com or by calling 800.59.ROUSH.

Marketing
Gregg Voss | TSN Communications
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Investor Relations
Mark Benfield | Blue Bird Corporation
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FORT WORTH, Texas--(BUSINESS WIRE)--Clearfork Midstream LLC (“Clearfork”) today announced it has secured a capital commitment from EnCap Flatrock Midstream (“EFM”) and has entered into a definitive agreement to purchase Azure Midstream Energy, LLC (“Azure Midstream”). The transaction is subject to standard regulatory approvals and is expected to close during the first quarter of 2022. Based in Fort Worth, Clearfork is a growth-oriented midstream company that was formed in 2020 to provide comprehensive midstream solutions for oil and gas producers in basins across North America, with a specific emphasis on unconventional natural gas production in the Haynesville/Bossier Shale formation in North Louisiana and East Texas.

Clearfork is led by Chief Executive Officer Kipper Overstreet and a team of industry veterans including Chief Operating Officer George Grau Jr., Chief Commercial Officer Corey Lothamer and Executive Vice President Kevin Venturini. Together, they have more than 75 years of collective experience in the energy industry. Prior to forming Clearfork, Mr. Overstreet served from 2013 to 2020 in roles of increasing responsibility at Azure Midstream, most recently as vice president of corporate development and gas supply from 2017 to 2020.

“Over the past few years, we have developed strong relationships with key members of the EFM team,” Clearfork CEO Kipper Overstreet said. “The firm’s unparalleled reputation is well deserved. They have the financial strength we need and understand midstream better than anyone in the venture capital business. They aligned with us on the acquisition of Azure Midstream and Azure’s growth potential. We are very pleased to be part of the EFM family of companies.”

“The management team possesses certain characteristics including strong leadership; the ability to attract and retain talent; a strong reputation and track record; and a compelling business plan, all of which we highly prioritize when backing a team,” said EFM Managing Director Zach Kayem, a member of the Clearfork board of directors. “We have known members of management for better than half of a decade and are excited to pursue this significant midstream opportunity in East Texas and North Louisiana.”

Azure Midstream Acquisition

Azure Midstream’s natural gas gathering and treating platform spans the core areas of the Haynesville Shale formation and includes more than 500 miles of pipeline and 1.2 billion cubic feet per day of treating capacity across systems in North Louisiana and East Texas. Azure Midstream has nine downstream interconnects offering access to major market hubs, including Henry Hub, Houston Ship Channel/Katy, Carthage, Columbia Gulf Mainline, Perryville and Agua Dulce (via TETCO and NGPL). The Haynesville natural gas play is well positioned with proximity to large end-use markets and the growing U.S. Gulf Coast LNG export complex. Clearfork’s management believes natural gas is an essential component of energy supply and CO₂ reduction targets in the U.S. and internationally, and the Haynesville Shale will continue to represent a reliable and long-term source of natural gas supply to the world. Clearfork plans to invest additional capital following the acquisition to optimize the efficiency of Azure Midstream’s systems in support of existing customers and to pursue additional acreage dedications, throughput volumes, and regional infrastructure.

Advisers

Latham & Watkins LLP served as legal adviser to EnCap Flatrock Midstream on the equity commitment with Partner James M. Garrett in the lead role. Vinson & Elkins LLP served as legal adviser to Clearfork on both the equity commitment and the acquisition of Azure Midstream. Partner Matthew Falcone led the firm’s legal team. Donovan Ventures served as financial adviser to Clearfork regarding the Azure acquisition. Jefferies was financial adviser and Porter Hedges LLP was legal adviser to Azure.

About Clearfork Midstream, LLC

Formed in 2020 and based in Fort Worth, Clearfork is a growth-oriented midstream company that provides midstream solutions for oil and gas producers in basins across North America. The company’s vision is to build long-term, mutually beneficial relationships with producers by offering reliable midstream services and a collaborative approach that maximizes the value of production. Services include natural gas gathering, processing, treating, dehydration and compression; natural gas liquids stabilization, handling, fractionation, storage and transportation; crude oil gathering, storage and transportation; and produced water handling and disposal. Clearfork is backed by a $400 million equity commitment from EnCap Flatrock Midstream. For more information, please visit www.clearforkmidstream.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 management teams from EFM Fund IV, a $3.25 billion fund. For more information, please visit https://www.efmidstream.com/.

Casey Nikoloric, Managing Principal
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Agreement Will Deliver Power From One of the Region’s Largest Renewable Resources to Twin Cities via High-Voltage Direct-Current Transmission Line

CHARLOTTESVILLE, Va. & MAPLE GROVE, Minn.--(BUSINESS WIRE)--Great River Energy has reached an agreement in principle with Apex Clean Energy to receive renewable energy from a 400 megawatt (MW) wind energy project in McLean County, North Dakota.

The Discovery Wind project, expected to reach commercial operations in 2025, will be the single largest wind project in North Dakota and will deliver renewable energy over the 436-mile high-voltage direct-current (HVDC) transmission system.

The project will fulfill a significant portion of the renewable energy needs for Great River Energy’s power supply transition and deliver wind energy west of the Twin Cities. The electric cooperative announced in 2020 plans to phase out the remaining coal in its power supply portfolio and more than double its renewable energy.

“We are transforming the way we produce electricity and serve our member-owner cooperatives,” said Great River Energy President and Chief Executive Officer David Saggau. “Our members will enjoy stable wholesale electric rates for years while providing clean and reliable energy to Minnesota and parts of Wisconsin.”

Great River Energy is also converting the coal-based Spiritwood Station power plant located near Jamestown, North Dakota, to be fueled primarily with natural gas and developing a 1 MW, multi-day grid battery in Cambridge, Minnesota.

Great River Energy has long had operations in McLean County through its 1,100 MW Coal Creek Station power plant and the western terminus of the HVDC transmission system. Great River Energy is in the process of selling the power plant and transmission system to Rainbow Energy Center and Nexus Line, respectively. The transaction will be finalized upon approval from Great River Energy’s member-owner cooperatives and progress toward successful implementation of the Discovery Wind project.

The agreement with Apex Clean Energy comes less than two weeks after Great River Energy announced it secured capacity on the HVDC transmission system for renewable energy development. Discovery Wind’s location near an existing power plant provides a unique opportunity to interconnect a very large project to the constrained Midwest electric grid.

“This announcement shows our dedication to being partners in clean energy with Great River Energy, and it delivers on verbal promises we made when we first announced our intent to purchase Coal Creek Station,” said Rainbow Energy Center and Nexus Line President Stacy Tschider. “This is just one of many carbon-neutral objectives we intend to fulfill, culminating with the successful implementation of carbon capture and sequestration at Coal Creek Station.”

Great River Energy’s power supply transition has the cooperative on track to reduce its carbon dioxide emissions by more than 80% by 2025, achieving Minnesota’s emissions target decades ahead of schedule.

“Working with Great River Energy, Rainbow Energy Center, and Nexus Line, not only will we deliver clean power to a major market, but we will be able to use capacity on an existing pathway to do so—a rare and valuable arrangement in the saturated MISO market,” said Apex Clean Energy President and Chief Executive Officer Mark Goodwin. “This innovative solution enables the Discovery Wind project, thereby delivering a multitude of benefits to its North Dakota community, including both preserving and creating critical local jobs.”

About Apex Clean Energy

Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy. Through origination, construction, and operation of utility-scale wind, solar, and storage facilities, distributed energy resources, and green fuel technologies, Apex is expanding the renewable frontier across North America. Our mission-driven team of more than 300 professionals uses a data-focused approach and an unrivaled portfolio of projects to create solutions for the world’s most innovative and forward-thinking customers. For more information about how Apex is building the energy company of the future, visit apexcleanenergy.com or follow us on Facebook, Twitter, and LinkedIn.

About Great River Energy

Great River Energy, based in Maple Grove, Minn., is a not-for-profit wholesale electric power cooperative that provides electricity to 28 member-owner distribution cooperatives. Together, our systems provide power to approximately two-thirds of Minnesota geographically and parts of Wisconsin, serving more than 700,000 families, farms and businesses. Learn more at greatriverenergy.com or follow us on Facebook, Twitter and LinkedIn.

Media Contacts

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THE WOODLANDS, Texas--(BUSINESS WIRE)--#efrac--Evolution Well Services (“Evolution”) announces the extension of four separate long term electric hydraulic fracturing contracts across multiple customers, expanding partnerships as far out as 2024. The extensions serve to validate Evolution’s successful partnerships in Texas and Appalachia, as the company will continue to fully utilize its industry-leading electric fracturing technology for its customers. Together, with new technology and data driven initiatives, Evolution and its partners will continue working towards even lower carbon and higher efficiency operations.

Expanding these existing relationships reinforces the long-standing commitment of Evolution’s customers to lead the industry through ESG, data driven, and efficiency focused initiatives. These partnerships will introduce multiple industry-first technologies including an onsite battery energy storage system and a true zero-emissions turbine exhaust heat recycling system. These innovations highlight the partnership-focused engineered solutions being developed to perform the cleanest well completions in the industry and setting a new standard for environmental stewardship.

“Evolution is excited to both extend and expand our partnerships. These technical and operational accomplishments show the unique value and differentiation of our partner-focused culture and our strategy of being a fully integrated engineered solutions provider. We are proud of the successful team, technology, and operational excellence that we have developed over the course of our contracts, and we look forward to continual innovation to reduce greenhouse gas emissions while increasing operational efficiencies.” - Steven W. Anderson | President & CEO, Evolution

ABOUT EVOLUTION WELL SERVICES

Evolution Well Services is the largest and most experienced provider of electric hydraulic fracturing services. Since inception in 2011, the company has completed over 40,000 stages with its patented electric frac technology across the United States. The company is focused on advancing fracturing technology through digital transformation of the well site & lower carbon technologies. For more information, visit www.Evolutionws.com.

Nick Ruppelt
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DUBLIN--(BUSINESS WIRE)--The "Battery Energy Storage Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Battery Energy Storage Systems estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$12.9 Billion by 2026, growing at a CAGR of 26.1% over the analysis period.

Battery, one of the segments analyzed in the report, is projected to grow at a 27.8% CAGR to reach US$11.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Elements segment is readjusted to a revised 22.3% CAGR for the next 7-year period.

The Battery Energy Storage Systems market in the U.S. is estimated at US$1 Billion in the year 2021. The country currently accounts for a 27.61% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$2.4 Billion in the year 2026 trailing a CAGR of 32.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.5% and 25.7% respectively over the analysis period.

Within Europe, Germany is forecast to grow at approximately 24.3% CAGR while Rest of European market (as defined in the study) will reach US$709.3 Million by the end of the analysis period. North America is a key market for battery energy storage systems, stimulated by the growing adoption of renewable energy storage systems in the utility, non-residential, and residential sectors. In the region, lithium-ion battery storage systems are registering considerable demand, as they are increasingly being leveraged for storing energy from renewable energy sources.

In the Asia-Pacific, the growing focus on distributed power generation, and increasing renewable energy penetration are likely to aid market growth. Investments in energy storage are likely to rise considerably across the region, with governments formulating novel policies to enhance the quality and reliability of power distribution facilities for households.

Select Competitors (Total 85 Featured):

• ABB Group
• AEG Power Solutions BV
• Alevo Group SA
• Corvus Energy
• East Penn Manufacturing Co., Inc.
• EnerDel, Inc.
• Exergonix
• GE Power
• Hitachi Ltd.
• LG Chem Ltd.
• Mitsubishi Heavy Industries Ltd.
• NEC Energy Solutions
• NGK Insulators Ltd.
• Panasonic Corporation
• Samsung SDI Co., Ltd
• Siemens AG
• Tesla, Inc.
• The AES Corporation
• Toshiba Infrastructure Systems & Solutions
• TrinaBESS

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
• As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
• Disruption to Supply Chains Impacts Battery Materials Market Prospects
• COVID-19 Crisis Underlines the Need for Sustainable Development
• Post Pandemic Period Presents Robust Growth for Energy Storage Technologies
• An Introduction to Battery Energy Storage Systems
• The Technologies
• Key Applications of BESS
• Global Market Prospects & Outlook
• Grid Modernization Initiatives Drive the World Battery Energy Storage Systems Market
• Pandemic Impacts the Market Over the Short Term

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Key Trends Driving the Battery Energy Storage Systems Market
• Growth of Intermittent Renewable Energy Sources and the Resulting Need for Energy Storage: A Key Opportunity for Battery Energy Storage Systems
• Investment Scenario on Renewable Energy Remains Impacted
• Inevitable Rise in Energy Demand Post COVID-19 to Throw Spotlight on Renewable Energy & Energy Storage Technologies
• Burgeoning Global Population Propels Demand for Electric Power
• Growing Investments in Renewable Energy to Trigger Growth in Energy Storage Domain
• Optimization of Plant Efficiency Using Smart Solutions for Energy Storage
• Established Image of Lithium-ion Batteries to Drive Market Momentum
• Li-ion Batteries Vs Flow Batteries
• Flow Batteries: One of the Key Battery Chemistries of BESS
• Growing Opportunities for Flow Batteries in Clean Energy Space
• New Solar Flow Battery with Increased Energy Conversion Efficiency
• Pandemic Impact on the Vanadium Redox Battery Market
• Vanadium Redox Flow Batteries Face Stiff Challenge in Replacing Li-ion Batteries for Utility-Scale Storage
• Utilities: The Major End-Use Market for Battery Energy Storage Systems
• Need for Improved Energy Management amidst Increasing Demand for Electricity Benefits Market Expansion
• Grid Modernization Programs Emphasize Grid Connected Energy Storage
• Smart Grids Elevate the Prospects for BESS
• Residential Applications to Witness Increased Penetration of BESS in the Long Run
• Robust Outlook for EVs Opens New Avenues of Growth for EV Batteries & BESS Integrated EVCS Market
• With COVID-19 Pandemic Affecting EV Sales, Prospects Hit for Battery Materials and BESS Market
• Increasing Importance of Batteries in the Modern World Presents Opportunities for Cathode Materials
• Recycling of Battery Systems
• Challenges Confronting the Global Battery Storage System Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/6u9kb4

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Datagration Solutions, Inc. ("Datagration" or the “Company") announced today that Dr. Jeff Spath has joined as an Executive Advisor. Datagration provides oil and gas companies with the tools they need to integrate and model data into meaningful insights and decisions daily.

As an Executive Advisor, Dr. Spath will join Datagration’s senior leadership, bringing decades of operational and technical experience in reservoir characterization, numerical and analytical modeling, and enhanced oil recovery (EOR).

Dr. Spath previously served as President of Schlumberger’s Reservoir Management Group and later as CEO of the Texas Oil & Gas Institute. He is a former distinguished lecturer for the Society of Petroleum Engineers, and was elected President of the SPE International in 2014.

“We are thrilled to have Jeff on board as an Executive Advisor; his technical expertise and well-established relationships will be a valuable asset to the team. Jeff’s network and industry contacts are unique and will assist us to strengthen and position Datagration’s market presence.” - Peter Bernard, CEO & Chairman, Datagration

Dr. Spath will play an important role in the continuous development of PetroVisor’s platform-native apps, as well as in influencing operational and process changes to help E&P companies meet their sustainability and production targets. PetroVisor improves modern business intelligence and assists E&P companies in optimizing their cloud and analytics investments by providing the first unified data model created for upstream oil and gas.

"I am excited to be joining the talented Datagration team to assist in the development and delivery of their unique and valuable solutions to E&P companies. Their one-of-a-kind combination of data integration, analytics, and modernized AI/ML applications will significantly improve process efficiency." – Dr. Jeff Spath

About Datagration

Datagration is the creator of the PetroVisor Platform. E&P companies around the world rely on the PetroVisor Platform to unify their data, analytics and ML initiatives. Our team of data scientists, engineers, and technologists work hand in hand with our customers to build a single source of truth used across the organization for data analysis, benchmarking, internal collaboration, financial analysis and more. To learn more about Datagration and the PetroVisor platform go to www.datagration.com.

Media Inquiries:
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Extends the OPIS voluntary carbon pricing suite to 55 daily assessments and provides solutions to stakeholders targeting emission reductions

LONDON--(BUSINESS WIRE)--OPIS, an IHS Markit (NYSE: INFO) company, the leading benchmark provider for carbon and fuels markets data, has expanded its Global Carbon Offsets Report in response to demand for pricing transparency into carbon offsetting strategies.

Today, OPIS introduces the daily Carbon Neutral Fuels Index (OPIS CNFI) to offer a view into carbon-neutrality strategies across the energy industry by providing a comprehensive range of prices for the cost of offsetting fuels emissions through retiring carbon credits.

The OPIS CNFI includes the emissions offsetting price for 18 standard liquids and gaseous fuels, as well as the eight International Maritime Organization’s (IMO) shipping fuels, utilizing OPIS-derived carbon dioxide equivalent (CO2e) emissions factors from regulatory agencies.

OPIS is also launching a Core Carbon Credits (OPIS CCP) assessment in tandem with the new Carbon Neutral Fuels Index, providing a single price for standard carbon credits trading in the voluntary carbon market. The OPIS CCP reflects CORSIA-eligible credits, REDD+ credits, as well as other agriculture, forestry, and land use (AFLOU) credits.

The OPIS CCP average price was around $11.775/mt, with a low of $7.40/mt and a high of $16.15/mt around 8:30 a.m. ET.

Looking at liquified natural gas strategies, the average cost to attain carbon neutrality was $0.65/MMBtu, based on an OPIS CNFI LNG range of $0.41-$0.89/MMBtu. OPIS assessed DES Northeast Asia LNG prices for February delivery at $22.95/MMBtu on January 14. Taking these assessments into account, the average total cost of a carbon-neutral 3.5 Bcf-equivalent LNG cargo in Northeast Asia was around $82.6 million, with $2.3 million attributed to the cost of purchasing and retiring carbon credits.

“Carbon-neutral supply and shipping contracts are now a prevailing stop-gap measure while the world is retooled with low-carbon technologies and zero-emissions fuels,” said Fred Rozell, president, OPIS by IHS Markit. “Price clarity is imperative for negotiating a fair and competitive premium to existing commodities benchmarks for the cost of offsetting emissions.”

Resourceful fuels sellers entered the voluntary carbon market last year with a new decarbonization plan—procure offsets to create carbon-neutral services. The voluntary carbon market surpassed $1 billion in 2021 as the carbon abatement tactic spread across fuels sectors and the supply chain.

Carbon offsetting strategies emerged as the global energy transition gained traction in the past couple years, with countless corporations making plans for net-zero emissions during the next few decades. In the interim, fossil fuels continue to power the world, and eco-minded shareholders and customers seek emissions reduction solutions now with high-quality carbon credits.

To further expand the voluntary carbon market price suite and in acknowledgment of the importance of carbon credits’ quality in reaching environmental, sustainability and governance goals, OPIS has also launched a Climate Community and Biodiversity Standards (OPIS CCB) assessment. The OPIS CCB reflects the co-benefits price premium associated with Verified Carbon Units (VCUs) that are certified by Verra’s CCB Program.

The OPIS CCB assessment meets demand from environmental project developers to quantify the value associated with carbon credits that go beyond addressing climate change and carry Sustainable Development Goal (SDG) co-benefits.

The OPIS CCB average price was $2.25/mt, with a low of $2/mt and a high of $2.50/mt around 8:30 a.m. ET.

The new price assessments are published to the daily OPIS Global Carbon Offsets Report, which launched in December 2020 to meet the demand for benchmark pricing for voluntary carbon markets. The OPIS Global Carbon Offsets Report, along with the daily OPIS Carbon Market Report, provide the largest compliance and voluntary carbon market price suite by any price reporting agency in the world. OPIS’s robust and comprehensive coverage of the carbon markets enables global project developers, traders, marketers and investors to accurately identify a fair value for their assets and understand compliance costs associated with carbon and emissions programs.

OPIS carbon assessments reflect confirmed bids, offers and trades reported by approved traders, brokers and electronic platforms. Full details about the OPIS voluntary and compliance carbon methodologies can be found in OPIS Carbon Market Pricing.

For further information about the OPIS Global Carbon Offsets Report, contact Lisa Street, OPIS Director of Global Carbon Pricing, at This email address is being protected from spambots. You need JavaScript enabled to view it..

About OPIS (www.opisnet.com)

Oil Price Information Service (OPIS) by IHS Markit (NYSE: INFO) provides accurate pricing, real-time news and expert analysis across the global fuel supply chain, including the Spot, Wholesale Rack and Retail markets. OPIS and OPIS PetroChem Wire enable customers to buy and sell oil and gas products with confidence via easy access to transparent data, expert-level customer support, educational events and energy data solutions with Axxis Software and OPIS RetailSuite.

About IHS Markit (www.ihsmarkit.com)

IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2022 IHS Markit Ltd. All rights reserved.

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DALLAS--(BUSINESS WIRE)--Rosewood Private Investments (“RPI” or “Rosewood”) is pleased to announce the acquisitions of American Petroleum Sales and Service (“AMPET”) and Petroleum Equipment Company, Inc. (“PECO”), which will be held under the new holding company, StationServ.

AMPET, headquartered in Southaven, Mississippi, is a petroleum equipment distributor with full-service installation, distribution, and servicing capabilities. Founded by Gary Murphy in 1990, the company operates out of four branch locations in Mississippi, Arkansas, and Tennessee.

Originally founded in 1944, PECO is a leading petroleum equipment distributor and service company based in Richland, Mississippi, with customers in multiple states in the Southeast. Forrest Rhemann is a third-generation owner and has served as the company’s CEO for nearly 40 years.

“By combining the businesses, we are able to extend the service offerings to both existing and new customer relationships. Additionally, we look forward to adding additional companies under the StationServ umbrella,” said G.T. Barden, Managing Director of RPI. “Gary and Forrest have worked to build diverse companies with strong teams and loyal customers, and we are excited to see the combined companies grow together.” Both sellers will remain involved in the business for a transition period.

AMPET and PECO are both distributors for the largest fuel dispenser OEM, Gilbarco. Their territories are geographically contiguous and will combine to allow the company to better service its customers.

Infinity Capital Partners served as exclusive investment banking advisor to Rosewood.

About Rosewood Private Investments

Rosewood has a long history of investing in and creating value within numerous industries. RPI’s approach to working with operating partners to strategically grow companies through acquisitions and organic means has proven successful for all stakeholders. Our current holdings are focused on industrial services, fire & life safety services, IT services, and manufacturing technologies. In addition to these areas, we are pursuing new platforms in specialty chemicals, transportation & logistics, and outsourced business services, among others. We welcome any information about investment opportunities within these verticals.

Visit www.rosewoodpi.com to learn more.

G.T. Barden, Managing Director 214-849-9048 This email address is being protected from spambots. You need JavaScript enabled to view it.

SINGAPORE--(BUSINESS WIRE)--Gen X Energy enters into a joint venture with ACE Enexor Inc., a subsidiary of AC Energy Corp., to develop Batangas Clean Energy, Inc.’s (“BCE”) 1,100 MW combined cycle power plant project. The project will be capable of using natural gas and green hydrogen as its fuel to provide firm power to the grid to meet the Philippines’ growing energy demand and reduce the country's reliance on coal fired power generation. The joint venture will result in Gen X Energy and ACE Enexor each holding a 50% interest in BCE.

Scott Kicker, Founder and Chief Executive Officer of Gen X Energy said, “We are excited about this opportunity to partner with ACE Enexor in the Philippines to meet the energy needs of the Philippines and facilitate the country’s transition to cleaner sustainable sources of energy.”

The project will be strategically located in the Batangas Bay Area of the Philippines, close to the load center of Metro Manila. Gen X Energy will continue holding a 50% interest in BCE through its wholly owned subsidiary Red Holdings B.V.

Media Enquiries:
Yvonne Soh
Gen X Energy
Phone # +65 6950 3859
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DUBAI, United Arab Emirates--(BUSINESS WIRE)--His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, presented awards to the 10 winners of the 2022 Zayed Sustainability Prize yesterday.

The Prize’s Awards Ceremony coincided with the start of the 2022 Abu Dhabi Sustainability Week (ADSW). The ceremony was also attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.

His Highness Sheikh Mohammed bin Rashid Al Maktoum congratulated winners across the five categories reaffirming the Prize’s key role in realising the aspirations of participants to achieve sustainable development within their communities.

This year, the Zayed Sustainability Prize, along with ADSW, joined forces with Expo 2020 Dubai for hosting the ADSW Opening Ceremony and the 13th edition of the Prize’s Awards Ceremony, both of which took place on the morning of Monday, 17th January at the Dubai Exhibition Centre. The event brought thousands of attendees and more than 600 VIPs from around the world together, including heads of state, government ministers, industry leaders and country ambassadors, amongst others.

In his remarks on the Awards Ceremony, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said: “The UAE continues to make important strides and contributions to advancing the global sustainability agenda to stimulate economic and human sustainable development, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The Zayed Sustainability Prize remains at the forefront of these efforts as it continues to set the course for alleviating hardships and improving lives by rewarding impact and innovation through a platform that can reach a much larger number of beneficiaries.”

His Highness Sheikh Mohammed bin Rashid highlighted the support, involvement and directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, while underscoring how the hosting of the Awards Ceremony at Expo 2020 Dubai coupled with the recent announcement of the Principles of the 50, which marked the UAE’s Golden Jubilee last month, provide an optimal backdrop to this year’s awards, as all these national efforts share one single goal – to create a more sustainable future for all.”

His Highness continued: “Over the last 14 years, the wise and long-term vision and legacy of the UAE’s Founding Father, Sheikh Zayed, has ignited the passions of millions of sustainability pioneers the world over, inspiring us to take the Prize to new heights by strengthening and diversifying its offerings to become the all-encompassing award it is today.”

The event was also attended by H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs; H.H. Sheikh Hamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council; and Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, in addition to various heads of state, ministers, and other senior-level dignitaries from the UAE and abroad, in addition to past winners, and the 2022 finalists.

The USD 3 million Prize is the UAE’s pioneering sustainability award that recognises small to medium-sized enterprises (SMEs), non-profit organisations (NPOs), and global high schools for their innovative, impactful, and inspirational sustainability and humanitarian solutions. Through its 86 former winners, the Prize has transformed the lives of more than 370 million people, across 150 countries, since 2008. In the Health, Food, Energy, and Water categories, each winner receives USD 600,000, while the Global High Schools category has six winners, representing six world regions, with each winner receiving up to USD 100,000.

In terms of the Global High School category, His Highness highlighted the importance of strengthening the youth’s capacity as a driving force for future sustainable development to shape tomorrow’s leaders and effectively empower them to play a larger role in advancing their impact on socio-cultural and economic development, in a rapidly changing world.

On a broader level, His Highness also praised the level of foresight and sophistication that many of the student-led proposals displayed, noting their potential impact on an individual, community and global level.

In the ‘Health’ Category, Argentina’s Mamotest was awarded the Prize for its efforts to increase access to diagnoses and life-saving services in tele-radiology and remote analysis. Mamotest is currently deploying centres that are providing 582,697 beneficiaries affected by breast cancer access to quality healthcare, with plans to scale this to over 1 million people over a period of five years. Mamotest also enjoys robust patient-journey follow up as 87% of women diagnosed within their system could receive lifesaving treatment on time. Furthermore, Mamotest has successfully carried out more than 5,000 diagnoses to date while creating awareness in millions of women.

S4S Technologies from India was the ‘Food’ category winner for its important work in food preservation and dehydration systems. They currently directly impact 35,820 people and the SME plans to scale this to 10 million individuals over the course of five years.

The organisation is committed to empowering rural women and harnessing new technology to reduce food waste and improve income for farmers and is deploying solar-powered technology to help women farmers increase their earnings. As part of its commitment to supporting Gender Equality, backed by economic opportunities, S4S Technologies has provided additional income to 455 women farmers turned micro-entrepreneurs, increasing their profit between 50 to 200%, annually.

In the Energy category, the Bangladesh-based SOLshare created an interconnected microgrid for peer-to-peer energy exchange networks to enable more efficient distribution of electricity across rural communities in the country. The organisation won the 2022 award for its efforts in energy management as it currently benefits a total of 35, 300 people with plans to expand reach to 2 million people in the next five years.

SOLshare is providing more than 1,000 households with access to over 85 MWh of additional clean energy and serves approximately 500 entrepreneurs within their grids, of which 25% are women who experience significant income rises as a result.

Wateroam, an SME from Singapore, secured the ‘Water’ category win for its commitment to tackling the global challenge of contaminated water through portable water filters to serve disaster-hit and rural communities. Wateraom’s safe drinking water solutions are benefitting more than 150,000 people across 38 countries globally with daily access to clean drinking water and has plans to expand its reach to 1 million people over a period of five years.

The Chair of the Jury and former President of the Republic of Iceland, Ólafur Ragnar Grímsson, said: “The level of creativity, vision and potential scale outlined by this year’s winners has been truly remarkable and uplifting as the sustainability world looks to the future through a more challenging, yet determined prism. We are confident that all these winners will set the cornerstones for future economic growth and prosperity for vulnerable communities, within and beyond their borders, while also significantly contributing to key United Nations Sustainable Development Goals.”

Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Director General of the Zayed Sustainability Prize said: “Following the guidance of the UAE’s wise leadership and the enduring legacy of the late Sheikh Zayed, the Prize continues to deliver real, meaningful, and long-term impact to numerous communities around the world. This has earned the Prize a global reputation as a catalyst for change for over a decade, as it has to date benefited the lives of more than 370 million people.”

H.E Al Jaber added, “The hosting of the Zayed Sustainability Prize Awards Ceremony along with the opening of ADSW at Expo 2020 Dubai reinforces the UAE’s commitment to sustainable and humanitarian development, which characterises the country’s progressive, inclusive model for economic growth.”

“Thanks to our current roster of 96 winners and their shared commitment to building a better world, communities who were living in the dark have been illuminated through essential solar lighting, millions of children are accessing safe drinking water, hunger and malnutrition are being combatted through sustainable food solutions, and access to life-saving healthcare in remote parts of the world is being optimised.”

The Prize’s Director General concluded his remarks by underscoring the amplified impact and geographic reach that the Prize has achieved through the UAE-driven ‘Beyond2020’ humanitarian initiative. Beyond2020 has been donating critical sustainability solutions developed by past winners and finalists to vulnerable communities in various parts of the world, and in cooperation with several leading Emirati and international partners.

In the Global High Schools category, six schools, each representing a world region, receive an award and high schools submit project proposals to build or augment a solution they developed for their school or local community. The objective of this category, introduced to the Prize in 2012, is to inspire the young people to become pioneers, innovators and sustainability advocates who will contribute to a more sustainable future.

The recipients of the 2022 awards are Instituto Iberia (Dominican Republic), representing The Americas; Liceo Europeo (Spain), representing Europe & Central Asia; Eastern Mediterranean School (Israel), representing the Middle East & North Africa region; Sayidina Abubakar Secondary School (Uganda), representing Sub-Saharan Africa; Hira School (Maldives), representing South Asia, and finally, UWC ISAK (Japan) from the East Asia & Pacific region.

About the Zayed Sustainability Prize

Established by the UAE leadership in 2008 to honour the legacy of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, the Zayed Sustainability Prize is the UAE’s pioneering global award for recognising small to medium-sized enterprises (SMEs), non-profit organisations (NPOs), and global high schools for their innovative, impactful, and inspirational sustainability and humanitarian solutions around the world.

The Zayed Sustainability Prize acknowledges and rewards global pioneers and innovators who are committed to accelerating impactful sustainable solutions.

Over the past 14 years, the Prize has awarded 96 winners. Collectively, they have positively impacted the lives of more than 370 million people around the world. The Zayed Sustainability Prize categories are Health, Food, Energy, Water and Global High Schools.

For more information, please visit www.ZayedSustainabilityPrize.com or go to our social media platforms on, Twitter, Facebook, Instagram, YouTube.

*Source: AETOSWire

Medhat Juma
Hill+Knowlton Strategies
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Erika Spagakou
Hill+Knowlton Strategies
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DUBLIN--(BUSINESS WIRE)--The "Vacuum Pump Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global vacuum pump market was valued at USD 5.14 billion in 2020. It is expected to reach a value of USD 8.01 billion by 2026, registering a CAGR of 7.41% over the forecast period (2021-2026).

Companies Mentioned

• Ingersoll Rand Inc.
• Atlas Copco AB (Edwards)
• Flowserve Corporation
• Busch Vacuum Solutions (Busch group)
• Pfeiffer Vacuum GmbH (Pfeiffer Vacuum Technology AG)
• ULVAC Inc.
• Graham Corporation
• Global Vac
• Becker Pumps Corporation
• Ebara Corporation
• Wintek Corporation
• Tsurumi Manufacturing Co., Ltd.

Key Market Trends

Oil & Gas Sector is Expected to Hold Significant Market Share

• Oil is a vital and versatile substance, used in different ways and in different forms for various applications. The Organization of the Petroleum Exporting Countries (OPEC) projects that the global oil product demand will reach around 109 million barrels per day by 2045, with transportation fuels such as gasoline and diesel anticipated to remain the most consumed products.
• Currently, most pumps and other installations in oil and gas have large operational expenditures compared to capital costs. This pushes their B/C ratio and increases their payback period. To avoid this problem, large vacuum apparatus such as vacuum pumps must be very efficient, reducing additional equipment running these pumps and having adequate control systems.
• Steam ejectors use a lot of energy in this industry and require huge capital and maintenance costs associated with the steam generation and pumping. To reduce this problem, a vacuum pump can effectively replace most of these steam injectors. This effectively reduces the high costs of generating steam and increases the benefits. The efficiency of this equipment is also very high as compared to steam processes. Therefore, more substantial savings and increased benefits are obtained when using these machines.
• Distillation is one of the standard processes in most refineries. This process requires the condensation of natural products such as naphtha. To effectively complete this process, the pump must perform as a condenser and distiller. After atmospheric distillation, a more significant fraction of crude oil is driven into the vacuum distillation unit, one of the most productive and critical equipment in the refinery. The vacuum in a distillation column is kept by a multistage steam ejector unit, including liquid ring vacuum pumps.

North America Accounts For Largest Market Share

• The increasing investments in the end-user industries, such as oil and gas, chemical, and power generation, significantly impact the vacuum pump market in the North American region due to the increasing natural gas production. Countries in the area, such as the United States and Canada, have abundant oil reserves, and they try to utilize their oil sands resources.
• The boom of shale gas in the United States and the stabilizing oil prices are driving the usage of vacuum pumps in the chemical and oil and gas industries. Additionally, these applications are often exposed to harsher conditions, resulting in low productivity, driving the oil and gas companies to replace existing equipment with advanced technologies.
• Energy production in the United States continues to expand rapidly. For instance, ExxonMobil, one of the major oil producers in the country, announced its plans to increase the production activity in the Permian Basin of West Texas by producing around 1 million BPD oil equivalent as early as 2024.
• The United States also pioneered various solar energy projects and remained a powerhouse in new renewable energy technologies. The US Department of Energy's Energy Information Administration (EIA) estimated that the net capacity of the electric power sector in the country was estimated to be around 1.07 terawatts in 2020 and was expected to increase significantly in the future to reach approximately 1.7 terawatts by 2050.
• Furthermore, higher production of coal per employee hour could lead to higher usage of vacuum pumps to compensate for the increase in the production hours. Moreover, increased sales could lead to higher investments by the mining companies in vacuum pumps, as they are extensively used in mining plants. This could lead to coal plants installing many conventional and advanced vacuum pumps, thus, driving the demand for vacuum pumps in this region.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

4.1 Market Overview

4.2 Industry Attractiveness - Porter's Five Forces Analysis

4.3 Industry Value Chain Analysis

4.4 Industry Policies

5 MARKET DYNAMICS

5.1 Market Drivers

5.1.1 Increasing Popularity of MEMS Technology

5.1.2 Increasing Demand for Dry Vacuum Pump

5.2 Market Challenges

5.2.1 High Cost and Compatibility Issues

6 IMPACT of COVID-19 ON THE MARKET

7 MARKET SEGMENTATION

7.1 By Type

7.2 By End-user Application

7.3 By Geography

8 COMPETITIVE LANDSCAPE

8.1 Company Profiles

9 INVESTMENT ANALYSIS

10 FUTURE OF THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/dw1ikq

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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