LONDON--(BUSINESS WIRE)--Ecofin Advisors Ltd (“Ecofin”) and its affiliates continue to advocate positive results for all shareholders by further engagement through a letter expressing Ecofin’s intent and its justification for voting against the merger proposal between Covanta Holding Corporation (“Covanta”) and EQT Infrastructure (“EQT”). Read the initial letter sent to the Covanta Board here.
“In addition to the arguments laid out in our first letter, our conviction about the inadequacy of the offer has been fortified following the receipt of additional information included in the proxy materials dated September 2, 2021,” said Michel Sznajer, Portfolio Manager at Ecofin. “We further believe EQT should make a fairer offer or Covanta should continue as an independent company in order to harvest the expected value creation opportunities over the next few years.”
Read Ecofin’s follow-on engagement letter to the Board here.
About Ecofin
Ecofin is a sustainable investment firm dedicated to uniting ecology and finance. Our mission is to generate strong risk-adjusted returns while optimizing investors’ impact on society. We are socially-minded, ESG-attentive investors, harnessing years of expertise investing in sustainable infrastructure, energy transition, clean water & environment and social impact. Our strategies are accessible through a variety of investment solutions and seek to achieve positive impacts that align with UN Sustainable Development Goals by addressing pressing global issues surrounding climate action, clean energy, water, education, healthcare and sustainable communities. Ecofin Investments, LLC is the parent of registered investment advisers Ecofin Advisors, LLC and Ecofin Advisors Limited (collectively "Ecofin"). Learn more at www.ecofininvest.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although Ecofin believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, Ecofin does not assume a duty to update this forward-looking statement.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Maggie Zastrow
(913) 981-1020
This email address is being protected from spambots. You need JavaScript enabled to view it.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE:KSU) will release its third quarter 2021 financial results on Tuesday, October 19, 2021, before the opening of trading on the New York Stock Exchange.
KCS will also hold its third quarter 2021 earnings conference call on Tuesday, October 19, 2021 at 8:45 a.m. eastern time. Shareholders and other interested parties are invited to participate via live webcast or telephone. To participate in the live webcast and to view accompanying presentation materials, please log into investors.kcsouthern.com immediately prior to the presentation. To join the teleconference, please call (844) 308-6428 from the U.S., or (412) 317-5409 from all other countries.
A replay of the presentation will be available by calling (877) 344-7529 from the U.S., (855) 669-9658 from Canada or (412) 317-0088 from all other countries and entering conference ID 10160255. The webcast replay and presentation materials will be archived on the company’s website.
Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com.
KCS: Ashley Thorne, 816-983-1530, This email address is being protected from spambots. You need JavaScript enabled to view it.
Garmin also recognized as a Most Innovative Marine Company in annual Soundings Trade Only awards
OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world’s largest1 and most innovative marine electronics manufacturer, today announced that it was named Manufacturer of the Year for the seventh consecutive year by members of the National Marine Electronics Association (NMEA) at its annual business meeting and awards banquet held Sept. 23 in Orlando, Fla. The coveted Manufacturer of the Year honor is given to the most recognized company in the marine electronics industry for excellence in product service and support in the field.
Garmin was also awarded five NMEA Product of Excellence awards in the multi-function display (MFD), autopilot, safety, multimedia entertainment and mobile application—utility categories. These awards are voted on by NMEA dealers who specialize in installing marine electronics, qualified NMEA technicians and fellow marine electronics manufacturers.
“We are incredibly humbled to again be named the NMEA Manufacturer of the Year and for so many of our products to be recognized with top accolades in their categories,” said Dan Bartel, Garmin vice president of global consumer sales. “These awards go beyond the products; they represent Garmin’s steadfast commitment to excellence and reliability among our industry colleagues and customers, and are a true testament to the work and dedication of our entire team.”
This year’s NMEA Product of Excellence honors include:
Earlier this week, Garmin was also named a Top 10 Most Innovative Marine Company for 2021 by Soundings Trade Only. This award honors forward-thinking companies that are transforming the future of the marine industry through new initiatives, processes, technologies and more. This is Garmin’s fourth consecutive year to be named to this prestigious list of innovative companies.
Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most sophisticated marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, email This email address is being protected from spambots. You need JavaScript enabled to view it., or follow us at facebook.com/garmin, twitter.com/garminnews, instagram.com/garmin and linkedin.com/company/garmin.
1 Based on 2020 reported sales
2 Auto Guidance is for planning purposes only and does not replace safe navigation operations
About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, GPSMAP, BlueChart, Navionics, Fusion and ActiveCaptain are registered trademarks and Panoptix, Panoptix LiveScope, Reactor and Apollo are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 26, 2020, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at www.garmin.com/en-US/company/investors/earnings/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Carly Hysell
913-397-8200
This email address is being protected from spambots. You need JavaScript enabled to view it.
Adventure travel brand honored with nearly twice as many awards as any other company
AUGUSTA, Ga.--(BUSINESS WIRE)--#AggressorAdventures--Aggressor Adventures®, the world leader in luxury adventure travel, has won 69 Scuba Diving Magazine Readers Choice Awards with nearly double the number of awards in the liveaboard category as any other liveaboard company. Scuba Diving Magazine’s annual Readers Choice survey – now in its 29th year – polls thousands of Scuba Diver Magazine subscribers online on their favorite dive destinations operators, liveaboards, scuba diving sites and more.
“This prestigious honor speaks volumes to the dedication of our staff. I would like to thank each and every team member for their commitment to our mission of providing guests with first-class service and an adventure of a lifetime they will never forget,” says Wayne Brown, CEO of Aggressor Adventures. “We are thrilled to receive these awards from Scuba Diving Magazine and are grateful for the recognition the Readers Choice Awards provides our brand.”
The liveaboards selected for awards include the Roatan Aggressor, the Belize Aggressor IV, the Belize Aggressor III, the Cayman Aggressor V, the Turks & Caicos Aggressor II, the Bahamas Aggressor, the Rock Islands Aggressor, the Maldives Aggressor II, the Oman Aggressor, the Palau Aggressor II and the Galapagos Aggressor III. A small sampling of award categories includes Best Overall, Attention to Safety, Level of Luxury, Level of Value, Quality of Staff, Quality of Rental Gear and Quality of Food.
About Aggressor Adventures
Since 1984, Aggressor Adventures® has offered travelers liveaboard scuba and snorkeling charters, luxury river cruises and exotic wildlife safaris. Worldwide locations the company explores include Bahamas, Belize, Cayman Islands, Cocos Island, Costa Rica, Cuba, Dominican Republic, Egypt, Galapagos, Hawaii, Indonesia, Maldives, Mexico, Oman, Philippines, Palau, Red Sea, Roatan, Sri Lanka, Sudan, Thailand, and Turks and Caicos. The company’s Clean, Refresh, Sanitize safety standards are industry leading. For more information, visit www.aggressor.com or call (800) 348-2628 or (706) 993-2531.
For media inquiries or photos, contact:
Anne Hasson
Aggressor Adventures®
This email address is being protected from spambots. You need JavaScript enabled to view it.
(800) 348-2628 or (706) 993-2531
Agreement facilitates midstream environmental performance certification and continuous monitoring
LEAWOOD, Kan. & DENVER--(BUSINESS WIRE)--A multi-year partnership announced today between Tallgrass Energy and Project Canary would make Tallgrass’ Rockies Express Pipeline (REX) the first interstate natural gas transmission pipeline in the United States to receive a comprehensive and independent environmental assessment and certification from Project Canary. The certification standards will be focused on environmental stewardship, operational excellence and real-time emissions detection and monitoring.
Agreement highlights:
“This first-of-its kind engagement underscores the critical importance of natural gas transmission systems in the energy transition,” said Tallgrass President Matthew (Matt) Sheehy. “Customers want assurances that natural gas is produced responsibly and being transported via low emissions pipeline systems. This agreement with Project Canary validates Tallgrass’ commitment to being a leader in sustainability and will allow REX to measure, manage and mitigate its direct emissions, leading the way to a sustainable future for interstate pipelines by enabling them, in time, to achieve net-zero emissions.”
REX is one of the country’s largest natural gas header systems, with a total capacity of more than 4.4 bcf/d. As a bidirectional pipeline, REX allows access to Midwestern markets from key producing basins in the Rockies and Appalachia. To validate the agreement’s environmental stewardship and operational excellence criteria, Project Canary will install real-time monitoring devices to measure and quantify emissions across REX’s 22 compressor station sites, spanning more than 1,700 miles. As a result, REX will dedicate specific capacity to moving certified responsibly sourced gas from Appalachian producers to markets in the Midwest.
“Actual real-time detection of fugitive methane emissions across the natural gas supply chain is the only way for the industry to truly know and improve what’s happening within their operations and help mitigate climate change,” said Project Canary CEO and Co-Founder Chris Romer. “A differentiated market has emerged valuing certified responsibly sourced gas transmission and production. With their commitment to independent certification and real-time emissions monitoring on a leading interstate natural gas transmission system, Tallgrass is raising the standard for environmental excellence in their sector.”
The Project Canary Midstream Certification process is expected to begin in Q4 2021 and be completed by mid-2022. REX anticipates engaging shippers, end users of natural gas and the Federal Energy Regulatory Commission in discussions to address the benefits of its differentiated level of service.
Project Canary, a leading provider of granular science and engineering-based ESG data and analytics – and independent energy sector certification programs – will quantify emissions data, track progress and certify Tallgrass’ operational and environmental performance. The Payne Institute at the Colorado School of Mines will partner with Project Canary to assess and review data in the process.
About Tallgrass Energy
Tallgrass is a leading energy infrastructure company committed to safely, reliably and sustainably delivering the energy and services that fuel homes and businesses and enable quality of life. We are committed to being at the forefront of efforts to decarbonize our world. Visit Tallgrassenergy.com to learn more.
About Project Canary
Project Canary delivers trusted and reliable, independent energy ESG data. They are the leaders in the certification of responsible operations throughout the energy value chain and provide measurement-based emission profiles via continuous monitoring technology. Their work helps identify the most responsible energy supply chain operators. Project Canary Certification is the leader in energy sector operational certification and real-time emissions monitoring. Formed as a Public Benefit Corporation, Project Canary’s team of scientists, engineers, and seasoned industry operators have earned recognition for their uncompromising standards, including being named “Best for the World 2021” B Corp. Visit projectcanary.com to learn more.
Tallgrass Energy
Media and Trade Inquiries
Phyllis Hammond, 303-763-3568
This email address is being protected from spambots. You need JavaScript enabled to view it.
Investor and Financial Inquiries
Andrea Attel, 913-928-6012
This email address is being protected from spambots. You need JavaScript enabled to view it.
Project Canary
Brian Miller, 202-669-3801
This email address is being protected from spambots. You need JavaScript enabled to view it.
ARLINGTON, Va.--(BUSINESS WIRE)--Fluence, a leading provider of energy storage products and services and digital applications for renewables and storage, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. Fluence Energy, Inc. has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol “FLNC.” The number of shares to be offered and the price range for the proposed offering have not yet been determined.
J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc., and BofA Securities will act as lead book-running managers for the proposed offering. Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, UBS Securities, LLC, Evercore Group L.L.C., HSBC Securities (USA) Inc., and RBC Capital Markets, LLC will act as joint book-running managers for the proposed offering. Nomura Securities International, Inc., Robert W. Baird & Co. Incorporated, Raymond James & Associates, Inc., Seaport Global Securities LLC, Penserra Securities LLC, and Siebert Williams Shank & Co., LLC will act as co-managers for the proposed offering.
The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the proposed offering may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 866-803-9204 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it.; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it. or by telephone at (888) 603-5847; and BofA Securities, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attn: Prospectus Department or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Fluence
Fluence, a Siemens and AES company, is a global market leader in energy storage products and services and digital applications for renewables and storage. We have more than 3.4 GW of energy storage deployed or contracted in 29 markets globally, and more than 4.5 GW of wind, solar and storage assets optimized or contracted in Australia and California. Through our products, services and AI-enabled Fluence IQ platform, we are helping customers around the world drive more resilient electric grids and a more sustainable future.
Media
Edelman for Fluence
Julia Fisher
This email address is being protected from spambots. You need JavaScript enabled to view it.
Investors
Samuel Chong
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Solar Electrically Conductive Adhesive Market" report has been added to ResearchAndMarkets.com's offering.
Electrically conductive adhesives are used to join electronic/electrical components. These adhesives help to complete the circuit and also maintain the conductivity of the circuit. These adhesives are also used in solar panels and solar cells. Electrically conductive adhesives possess qualities like low shrinkage, moisture resistance, and strong bonds primarily due to the presence of filler materials.
Companies Mentioned
Drivers
Solar panel adhesives help reduce assembly cost. They also aid in achieving high volume manufacturing goals. For instance, currently, renewable energy technologies like photovoltaic modules are burdened by high costs in terms of assembly & material. Higher production volumes of solar panels & automated adhesive assembly are expected to provide cost reduction in upcoming years. Consequently, electrically conductive adhesives play a vital role during the process of manufacturing and installation in the solar industry.
Moreover, Adhesives eliminate the need for mechanical fasteners such as screws and U-bolts, and further facilitate in complete removal of stress points caused by these fasteners. They also offer long-lasting protection, durability, and structural strength to the solar panel due to their characteristic features such as high thermal & electrical management and resistance against UV rays. As a result, enhanced performance characteristics & reduction of assembly cost are some of the significant factors driving the solar panel adhesives market.
Challenges
Stringent regulations related to the use of volatile organic compounds (VOCs) in the manufacturing of electrically conductive adhesive are the factors restraining the market growth. The market is facing challenges because of technological changes. Shorter leads may damage temperature-delicate components in several applications and to control such obstacles electrical components should be assembled after soldering. Conversely, this hampers productivity due to higher costs of production and time consumed in the manufacturing process. Growing concern over the emission of volatile organic compounds (VOCs) is anticipated to impede the market growth during the forecast period. During the manufacturing of electronics adhesives, VOC is discharged that may expose to health and environmental concerns. VOCs are the major contributors to smog & ozone formation at low atmospheric levels.
Opportunities
Solar being a major part of renewable energy sources, is gaining momentum, owing to its being one of the clean sources of energy. The increase in the use of solar energy will ultimately pave the way for the growth of solar electrically conductive adhesives globally. According to the International Energy Agency (IEA), renewable electricity generation in 2021 is expected to expand by more than 8% to reach 8 300 TWh, the fastest year-on-year growth since the 1970s. Additionally, Solar PV and wind are set to contribute two-thirds of renewables growth. China alone should hold for almost half of the global increase in renewable electricity in 2021, followed by the United States, the European Union and India. Moreover, renewable energy use increased by 3% in 2020 despite being a pandemic situation.
The increase demand was also fueled due to the fact that demand for all other fuels declined. The key driving factor for the growth was contributed by an almost 7% growth in electricity generation from renewable sources. Long-term contracts, priority access to the grid as well as continuous installation of new plants underpinned renewables growth despite lower electricity demand, supply chain challenges & construction delays in many parts of the world. Consequently, the share of renewables in global electricity generation jumped to 29% in 2020, up from 27% in 2019. All these factors will directly impact the use of solar electrically conductive adhesives towards the growth opportunity.
Key Questions Addressed by the Report
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Global Solar Electrically Conductive Adhesive Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Solar Electrically Conductive Adhesive Market, By Chemistry
6 Global Solar Electrically Conductive Adhesive Market, By Application
7 Global Solar Electrically Conductive Adhesive Market, By Material
8 Global Solar Electrically Conductive Adhesive Market, By Region
9 North America Solar Electrically Conductive Adhesive Market Analysis and Forecast (2020-2027)
10 Europe Solar Electrically Conductive Adhesive Market Analysis and Forecast (2020-2027)
11 Asia Pacific Solar Electrically Conductive Adhesive Market Analysis and Forecast (2020-2027)
13 Middle East Solar Electrically Conductive Adhesive Market Analysis and Forecast (2020-2027)
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ffdu4t
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DUBLIN--(BUSINESS WIRE)--The "BIOGAS: Feedstock, Production, Treatment: Patent Database" has been added to ResearchAndMarkets.com's offering.
Biogas is a reliable and large-scale renewable energy source, and production of biogas is one of the most important areas of clean fuel production. It is generated by means of anaerobic digestion (fermentation) with methanogen or anaerobic organisms in a biodigester and consists primarily of methane, carbon dioxide and smaller amounts of hydrogen sulphide. Production of biogas is an eco-friendly strategy for energy extraction from biomass as even its residue can be used as a soil conditioner.
Often special energy crops, biomass and agricultural waste, food and brewery waste as well as sewage water are used as feedstock. The availability of feedstock determines the choice of technology. For example, in South-Asian countries the most important feedstock for biogas production is palm oil, in China and India animal manure is often used, and in Germany biomass and agricultural waste are primarily fermented. More than 70% of net biogas production is concentrated in Europe. Germany is the undisputed leader in biogas fuel production where there are more than 10,000 biogas plants.
Among the most common shortcomings of the current systems of biogas production, low efficiency of the main processes, low efficiency of product treatment as well as negative environmental impact are frequently mentioned. The inventions presented in this database try to overcome some of these problems.
List of the top 10 most productive applicants by the number of patents includes:
Key Highlights
Key Topics Covered:
Patent database 1995- 2021 (Excel file)
Glossary
Overview
Filter manual
Explanatory Remarks
IPC (brief definitions of IPC indices used in the Database)
Bibliographical indicators:
Unified indicators:
Derivative indicators:
Keywords (presence of specific keywords in the original title of the document or its English translation, keyword can be typed in to the header cell)
Family IPC pool (list of IPC indices assigned to all available documents of the patent family of the document)
For more information about this database visit https://www.researchandmarkets.com/r/a6d54z
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
BOSTON--(BUSINESS WIRE)--#ESG--Vanguard Renewables (“Vanguard”) and Enbridge, Inc. (NYSE: ENB), a leading North American energy infrastructure company today announced a partnership whereby Enbridge will purchase upwards of 2 billion cubic feet (BCF) of renewable natural gas (RNG) annually from the anaerobic digesters that Vanguard Renewables will invest $200 million to build in the U.S. Northeast, Southeast, and Midwest. Enbridge will invest approximately $100 million in RNG upgrading equipment to convert the farm derived RNG into pipeline quality renewable natural gas and provide transportation and marketing services to market that gas to U.S. customers.
“We are proud to work with Enbridge to accelerate the development of transformational renewable energy projects on a nationwide scale and help combat climate change,” said John Hanselman, Founder and CEO of Vanguard Renewables. “Our deep relationships with leading food manufacturers and retailers through the Farm Powered Strategic Alliance enable us to convert waste that is otherwise detrimental to our environment into a climate-friendly tool to help reduce the carbon footprint of our customers. Our partnership with a company the caliber and scale of Enbridge enables the seamless transmission of the RNG from our farm network to these ESG-conscious participants that are using RNG to decarbonize their thermal energy needs.”
Vanguard Renewables is a national leader in the development and operation of food and dairy waste-to-energy projects. Vanguard builds, owns, and operates the farm-based anaerobic digestion facilities that sequester the methane from food waste and manure, produce clean energy and low-carbon organic fertilizer, and support regenerative agriculture by returning the food nutrients back to the soil. Host farmers receive cost savings and a new income stream while remaining focused on farm operations as Vanguard professionally develops and operates the on-farm RNG facilities. In December 2020, Vanguard launched the Farm Powered Strategic Alliance alongside food industry leaders Dairy Farmers of America, Unilever, and Starbucks. The Alliance is committed to developing a circular solution for food waste reduction, recycling, and decarbonization of the manufacturing and supply chain.
“As a leader in the energy transition, Enbridge is committed to achieving net-zero greenhouse gas emissions by 2050 and to partnering with industry leader Vanguard Renewables, which is developing new sources of clean energy and helping companies reduce their emissions,” said Bill Yardley, Executive Vice President and President, Gas Transmission and Midstream at Enbridge. “This partnership is a great example of how we’re advancing low carbon energies across our natural gas systems.”
The partnership is another step towards Vanguard’s goal to create a nationwide solution for sequestering methane, one of the most harmful greenhouse gases, by diverting food waste from landfills and incinerators to our network of farm-based anaerobic digesters. When released into the atmosphere, methane is approximately 40 times more effective at trapping solar radiation in the atmosphere than carbon dioxide, making it one of the most powerful greenhouse gases. By capturing methane and converting it into RNG, Enbridge and Vanguard expect to produce enough renewable energy to annually displace approximately 110,000 metric tons of carbon dioxide equivalent emissions, equivalent to removing nearly 25,000 fossil fuel powered cars from the road.
“Alongside the Farm Powered Strategic Alliance, our multi-year strategic partnership with Dairy Farmers of America and alliances with other dairy organizations demonstrate Vanguard Renewables’ commitment to working with the agricultural and food industries to reduce greenhouse gas emissions. By working together, we are able to enhance the long-term operational and economic benefits for family farmers while benefiting the community and environment at large by converting harmful waste into renewable energy,” Hanselman added.
About Vanguard Renewables
Vanguard Renewables is a national leader in the development of food and dairy waste-to-renewable energy projects. The Company is committed to advancing decarbonization by reducing greenhouse gas emissions from farms and food waste and supporting regenerative agriculture best practices on partner farms. In December 2020, Vanguard launched the Farm Powered Strategic Alliance alongside food industry leaders Dairy Farmers of America, Unilever, and Starbucks. The Alliance commits to developing a circular solution for food waste reduction and recycling and decarbonization of manufacturing and the supply chain. Vanguard Renewables owns and operates 6 anaerobic digester facilities in the northeast, has 10 under construction or in permitting nationwide, and will develop 100 in the top 20 U.S. markets by 2025. Vanguard’s established renewable natural gas offtake agreements with national utilities including Dominion Energy and ONE Gas and its strategic alliance with 14,500-dairy member cooperative, Dairy Farmers of America, position the Company to significantly impact U.S. production and delivery of renewable natural gas to commercial and residential customers across the country. Vanguard received the 2020 Energy Vision Leadership Award. Vanguard’s Farm Powered® anaerobic digester at Goodrich Farm in Salisbury, Vermont was recognized as the 2021 Outstanding Dairy Sustainability Award from the Innovation Center for U.S. Dairy. Please visit vanguardrenewables.com to learn more.
Vanguard Renewables Media Relations Contact
This email address is being protected from spambots. You need JavaScript enabled to view it.
781.371.4935
Enbridge Media Relations Contact
This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll Free: (888) 992-0997
New ASTV Offers Remote Oversight of Redundant Chilled Water System
MONTVILLE, N.J.--(BUSINESS WIRE)--#aerospace--Marotta Controls, a rapidly growing aerospace and defense supplier, announced the availability of its advanced Automatic Source Transfer Valve (ASTV) system designed to cool shipboard combat systems computing cabinets. The ASTV is a smart thermal management solution fully integrated with an electronic controller capable of communicating directly with shipboard mission control systems for simplified, remote utility management.
Power dissipation in large shipboard computing systems is mitigated by using circulated chilled water. Traditional chilled water systems are basic and inefficient, requiring manual monitoring and mechanical control at the site. Customers engaged Marotta to design and develop a modernized solution that would deliver benefits such as real-time, dynamic monitoring of system health and performance as well as remote control options.
The resulting design leverages the expertise of three Marotta technology disciplines: controller, firmware, and valve.
Smart Water Circulation via Smart Valves
The ASTV is a three-assembly system. It includes one electronic control panel and two valve/source assemblies for redundancy purposes.
The source assembly incorporates two Marotta proportional control valves, one managing water supply and the other water return. Each valve is equipped with sensors gauging valve position, temperature and differential pressure—information used by the control panel to modulate water flow through the computing cabinets’ exchangers.
Key features and capabilities include:
“We had initially developed the smart controller to replace mechanical relay logic with solid-state. This system ensured proper data processing performance by remotely monitoring everything from humidity and temperature to power draw and thermals,” said Brian Fly, Vice President, Marine Systems, Marotta Controls. “We then took that methodology and added it to the chiller system to complete the modernization of combat system thermal management. As a result, naval crew do not have to man the combat computers at their location, giving them the ability to deploy elsewhere as needed without sacrificing timely oversight of such a crucial system.”
For more information, visit Marotta’s Thermal Management Systems page.
About Marotta Controls
Founded in 1943, Marotta Controls is a fully-integrated solutions provider which designs, develops, qualifies and manufactures innovative systems and sub-systems for the aerospace and defense sectors. Our portfolio includes pressure, power, motion, fluid, and electronic controls for tactical systems, shipboard and sub-sea applications, satellites, launch vehicles, and aircraft systems. With over 200 patents, Marotta Controls continues to build on its legacy as a highly respected, family-owned small business based in the state of New Jersey. Twitter: @marottacontrols LinkedIn: Marotta Controls, Inc.
Heather Ailara
211 Communications
+1.973.567.6040
This email address is being protected from spambots. You need JavaScript enabled to view it.
Katee Glass
Marotta Controls, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--The Mohamed Bin Zayed International Robotics Challenge (MBZIRC) will be held in the UAE capital, Abu Dhabi, in June 2023, where tech innovators will participate to seek marine safety and security solutions to take home more than US$3 million in prize money.
Organised by ASPIRE, the dedicated technology programme management pillar of the Advanced Technology Research Council (ATRC), the overarching advanced technology research body in Abu Dhabi, UAE, the MBZIRC is held every two years. The upcoming edition, called MBZIRC Maritime Grand Challenge, focuses on real-time solutions to maritime safety and security challenges and seeks to claim its place among the largest and most prestigious AI and robotics competitions in the world.
The Challenge is open to international universities, research institutions, companies and individual innovators from all over the world. It will involve a heterogeneous collaboration among unmanned aerial vehicles and unmanned surface vehicles, to perform complex navigation and manipulation tasks in a GNSS-denied environment. Call for registrations is now open.
Commenting on the announcement, H.E. Faisal Al Bannai, Secretary General of ATRC, said: “We are proud that MBZIRC is going global by inviting the best talent from all over the world to participate. We have set a tough real-world challenge that will push the participants to the limits of their capabilities. The event is a great opportunity to demonstrate the pioneering scientific research work that is taking place in Abu Dhabi and the UAE.”
The challenge will show how both entities focus on niche areas of technology, while attracting global innovators to stimulate ideas, encourage collaboration, and push boundaries in advanced technologies to find systems solutions to global challenges.
“For countries with long coastlines, ensuring maritime safety requires significant investment in sophisticated equipment and highly trained personnel. Using advanced robotic systems can not only help reduce costs, but also handle some of the often- dangerous tasks performed by humans. The motivation for holding the MBZIRC Maritime Grand Challenge is to take the technology out of the laboratory and test it in a real-world environment to see what is possible,” said Dr Arthur Morrish, Chief Executive of ASPIRE.
Dr Morrish underscored the two-fold purpose behind the competition: one is to focus on the important problems in autonomy of robotics while engaging the world community in a hard robotics challenge. The other is to find a solution to a real-world challenge facing the world.
The challenge is for a swarm of UAVs to identify a target vessel from several similar vessels in open waters in a GNSS-denied environment, and to offload specific items from the target onto an USV in the shortest possible time using autonomous technologies. This is a new kind of kind of exercise in autonomous robotics. “A nice thing about this challenge is that you tell people what you want, but you don’t specify an approach to do it,” Dr Morrish added.
He said that this kind of a smart system will have practical application in other areas as well, especially as it can perform complex tasks of autonomous intervention in a GNSS-denied environment.
For more information, visit www.mbzirc.com
*Source: AETOSWire
Mathilda Saad
This email address is being protected from spambots. You need JavaScript enabled to view it.
Dynamic Work environment shows per employee emissions reduced twenty-one percent; Identity leader reaches its renewable electricity goal ahead of target
SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced the company has reached 100 percent renewable electricity for its global offices and employees’ work-from-home consumption in FY22, and launched the Dynamic Work Greenhouse Gas (GHG) Emissions Study, a study designed to measure the environmental impact of today’s hybrid workforce. The study found that in a Dynamic Work environment, Okta’s hybrid work framework which provides equity across work environments, per employee emissions are estimated to be 21 percent lower than they were prior to implementing Dynamic Work.
As Okta expands its global presence and embraces Dynamic Work, quantifying the company’s new environmental footprint has become a critical piece of Okta’s Environmental, Social, and Governance (ESG) process. Okta partnered with Global Sustainability Consultancy Anthesis to run an analysis comparing its FY20 pre-pandemic, pre-dynamic year of work (Feb 1, 2019 - Jan 31, 2020) with an FY23 projected year with Dynamic Work in place to understand the impact Okta’s Dynamic Work framework has on its greenhouse gas emissions inventory. The study found that Dynamic Work can reduce GHG emissions, due to reduced employee commuting and reduced workplace square footage per person, even when accounting for incremental increases in home energy use.
“As a business, the way we evaluate our environmental footprint has evolved along with the way we work. Just as we need to be responsible for the environmental impact of the buildings we occupy and the services we provide, now we need to account for and help our employees to understand, measure and reduce their environmental impact in this new distributed, Dynamic Work model,” said Erin Baudo Felter, Vice President, Social Impact & Sustainability, Okta. “This study is an important first step in understanding and quantifying our impact with Dynamic Work.”
“Businesses around the globe are setting targets to reduce their greenhouse gas emissions as part of their climate change strategies. Anthesis is a critical partner to our clients in their efforts to not only create sustainable business models but to also measure impact”, said Emma Armstrong, Executive Director with Anthesis. “As the workplace evolves to accommodate changing needs accelerated by the pandemic, we were excited to partner with Okta to understand how a model that supports this new way of work impacts the environment. The projected reduction in emissions per person resulting from Okta’s Dynamic Work model is significant, and provides an example for how other companies might examine their workplace emissions in the future. We look forward to partnering with Okta to measure the actual impacts resulting from the full roll out of Dynamic Work, which we anticipate will further inform emissions measurement and workplace strategies through the lens of sustainable performance”.
The launch of the Dynamic Work GHG Emissions Study follows Okta achieving 100 percent renewable electricity this year for its global offices, including coworking spaces, and global employee work-from-home electricity consumption. This critical milestone was reached by purchasing renewable energy certificates (RECs) equivalent to 100 percent of its global office and work-from-home employees’ electricity consumption, and a commitment to energy efficiency with both LEED Silver and WELL Silver certified Okta offices. The majority of the RECs Okta purchased were from the California Bright Schools solar program, which helps to realize the most cost-effective energy-saving opportunities, supports renewable energy education and the installation of solar on schools across the state.
To build on these milestones and to further maximize benefits to society, the environment, and all of its stakeholders, Okta has committed to:
To learn more about Okta’s sustainability strategy, please read the latest update here. To read more about the methodology behind the Dynamic Work Greenhouse Gas (GHG) Emissions Study, please visit the Okta blog here.
About Okta
Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 13,050 organizations, including JetBlue, Nordstrom, Siemens, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.
Laura Szatkowski
248-561-3463
Already Powering Some of the Largest Convenience Store Names in the Country, TransAct Invites Attendees to Learn Firsthand How To Transform Their Fresh Food Programs with Mobile-First Technology
HAMDEN, Conn.--(BUSINESS WIRE)--TransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it will debut the BOHA!® Work Station and BOHA! software for convenience stores’ fresh food operations at the National Association of Convenience Stores (“NACS 2021”) on October 5-8, 2021 in Chicago, Illinois. BOHA! is the industry’s first single-vendor solution to combine applications for FDA-compliant Grab ‘n Go Labeling, Digital Food Safety, Tasks and Checklists, Kitchen Production, Temperature Monitoring of Food and Equipment, and Inventory Management in a single platform. NACS 2021 attendees visiting TransAct’s booth (#4384) at McCormick Place will see how convenience store operators can leverage the power of BOHA! to execute their fresh food program with digital precision.
“TransAct’s BOHA! Solutions have rapidly become the go-to solution for C-Store operators as they continue to expand into freshly prepared & pre-packaged foods,” said Bart C. Shuldman, Chairman and CEO of TransAct Technologies. “Our BOHA! solution is the perfect tool to reduce the time and cost required to meet FDA compliance with grab ‘n go food, and our system is adaptable to specific customer needs to provide them with information that is essential to running any fresh food program.”
The solutions will be on full display at booth (#4384) as TransAct demonstrates its ability to dramatically improve grab ‘n go labeling with on-demand printing from the BOHA! Work Station, calculating food prep lists with food production, managing inventory with predictive ordering and digitized counts as well as digital HACCP-compliant temperature monitoring for food and equipment. In addition, TransAct will be showcasing the newly released BOHA! Work Station which prints 1”-3” wide grab ‘n go labels to accommodate FDA-compliant, dual nutrition fact panels and round parfait labels, along with industry leading 300 DPI capabilities for superior print quality.
For more information on the Company’s BOHA! ecosystem, please visit www.transact-tech.com/cstore
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, POS automation, and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA!®, AccuDate™, EPICENTRAL®, Epic®, Ithaca® and Printrex® brands. TransAct has sold over 3.3 million printers and terminals around the world and is committed to providing world-class service, spare parts and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.
BOHA! is a registered trademark of TRANSACT Technologies Incorporated. ©2021 TRANSACT Technologies Incorporated. All rights reserved.
Forward-Looking Statements
Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe" or "continue" or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but not limited to, customer acceptance and market share gains, both domestically and internationally, in the face of substantial competition from competitors that have broader lines of products and greater financial resources; our competitors introducing new products into the marketplace; our ability to successfully develop and introduce new products and the acceptance of such products in the marketplace; our dependence on significant customers; our dependence on significant vendors; dependence on contract manufacturers for the assembly of a large portion of our products in Asia; our ability to protect intellectual property; our ability to recruit and retain quality employees as the Company grows; our dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe, Latin America and Asia; the economic and political conditions in the United States, Australia, New Zealand, Europe, Latin America and Asia; marketplace acceptance of new products; risks associated with foreign operations; the availability of third-party components at reasonable prices; price wars or other significant pricing pressures affecting the Company's products in the United States or abroad; risks associated with potential future acquisitions; the risk that our new line of food safety and oil and gas products will not drive increased adoption by customers; and other risk factors detailed in TransAct's Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. Actual results may differ materially from those discussed in, or implied by, the forward-looking statements. The forward-looking statements speak only as of the date of this release and the Company assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.
Investor Contact:
Michael Bowen
ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
Ryan Gardella
ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
Partnership introduces IoT to help Chugoku Electric Power, Co., Inc. improve safety and operations
SUNNYVALE, Calif.--(BUSINESS WIRE)--FogHorn, a leading developer of Edge AI software for industrial and commercial Internet of Things (IoT) solutions, today announced its deployment at the Chugoku Electric Power hydroelectric power facility. In partnership with Energia Communications, Inc., the FogHorn Lightning solutions help the power plant more realize efficient power generation, operations and workplace safety.
Chugoku Electric Power employs nearly 9,200 workers across 114 hydroelectric power generation facilities in the Chugoku area. As a 24-hour operation, the implementation of IoT is helping the company address the labor shortage and streamline operations, while enabling the collection of advanced data through remote, real-time analytics which ultimately enhance decision making and safety. In addition, edge capabilities, powered by FogHorn Lightning, can detect early signs of equipment failures to quickly mitigate issues, reduce costs and drive business outcomes.
“We’re proud to help address the long-term operational, safety and compliance goals at Chugoku Electric Power through our partnership with Energia Communications,” said Yuta Endo, VP/GM of APAC Operation, Business Development at FogHorn. “Resulting from FogHorn’s strong business alliance with Energia Communications, we were enlisted to improve operations to drive sustainability and ensure green energy sources stay online by harnessing the power of IoT and edge capabilities.”
Energia Communications and FogHorn officially launched the demonstration test in 2017 and began operation in April 2021. Ahead of its completion, the test became an “industrial security advancement promotion cost subsidy” in 2020 by the Ministry of Economy, Trade and Industry (METI) of the Japanese government. Aimed to drive national developments for energy and environmental policy and safety and security, this test serves as a model for other utilities and organizations to deploy IoT and achieve greater operational efficiency and safe workplaces.
As a key component of the demonstration test, FogHorn integrated its Lightning™ Edge AI Platform into Energia Communications’ IoT solutions to automate power generators. The platform enables remote, real-time collection, storage and analysis of data, such as current temperature and vibration for equipment control and monitoring, which has historically been a non-timely and inefficient function requiring more costs. In addition, the utilization of data collected and processed at the edge delivers predictive maintenance capabilities and power generation forecasting to remotely address equipment vulnerabilities and enhance decision making in real-time.
To learn more about the FogHorn Lightning™ Edge AI Platform, visit: https://www.foghorn.io/edge-ai-platform/.
About Energia Communications, Inc.
Energia Communications (Enecom) has been providing a wide range of services, including networks, cloud services, data centers and security, in Japan for many years.
Enecom is currently working on IoT solutions based on its already existing services. Improving the level of preventive maintenance of machinery and facilities is a crucial element for stable business continuity, especially for the manufacturing and energy industries. The company is fully confident that the IoT services it provides can thoroughly respond to and satisfy such needs. In particular, implementing FogHorn Lightning in “EneWings Hiroshima Datacenter,” a cloud service that is linked to Enecom’s own original wide area Ethernet, will enable users to create even more secure IoT models.
About FogHorn
FogHorn is a leading developer of edge AI software for industrial and commercial IoT application solutions. FogHorn’s software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance, and operational intelligence use cases. FogHorn’s technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as smart grid, smart city, smart building, and connected vehicle applications.
Kathleen See
This email address is being protected from spambots. You need JavaScript enabled to view it.
ORANGE, Conn.--(BUSINESS WIRE)--Today AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, will participate at the Wolfe Research Utilities, Midstream and Clean Energy Conference. Investors and other interested parties will be able to access a copy of the presentation materials before the market opens on the Investors section of AVANGRID’s website at https://www.avangrid.com/wps/portal/avangrid/Investors.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $39 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 7,000 people and has been recognized by Forbes and Just Capital as one of the 2021 JUST 100 companies - a list of America's best corporate citizens - and was ranked number one within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2021 for the third consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com
Analysts: Patricia Cosgel, 203.499.2624
JACKSONVILLE, Fla.--(BUSINESS WIRE)--CG Railway, LLC (CGR), a joint venture between Genesee & Wyoming Inc. and SEACOR Holdings Inc., today announced that its new, state-of-the-art rail ferry, the Cherokee, completed its maiden roundtrip voyage with record results for transportation speed and railcar volumes.
The Cherokee departed the Port of Mobile in Alabama on September 12, 2021, hauling 122 railcars and arrived at the Port of Coatzacoalcos in Veracruz, Mexico, on September 15, 2021. The vessel began its return trip from Coatzacoalcos on September 18, 2021, with 130 railcars onboard and docked in Mobile three days later.
The Cherokee measures 590 feet in length and is designed to carry up to 135 railcars, a 17% capacity increase per sailing compared to CGR’s previous rail ferries.
“We are extremely pleased with the Cherokee’s performance during its maiden voyage,” said Todd Biscan, CGR vice president of sales and marketing. “The rail ferry transported more than 22,500 tons of diverse commodities, including chemicals, plastics, pulp and paper, agricultural products and food. CGR is excited to enhance service quality to customers and safely move railcars from the U.S. to Southern Mexico in three days with customs cleared en route.”
CGR also took delivery of an identical second new rail ferry, the Mayan, on September 22, 2021, which is expected to enter into service in December and replace CGR’s existing vessel, the BANDA SEA. Until then, the BANDA SEA will continue to operate alongside the Cherokee to provide steady service to customers.
“Offering greater capacity and more sailings per week between the Southeast U.S. and Mexico, CGR service is better than ever,” said CGR President Hoffman Lijeron. “In addition, both the Cherokee and Mayan will generate lower CO2 emissions than land alternatives and our legacy ferries. These collective benefits provide a long-term, sustainable supply chain solution for existing and prospective customers.”
About CG Railway, LLC (CGR)
Established in 2000, CG Railway operates as a U.S. Class III freight railroad that currently transports approximately 10,000 carloads of diversified commodities annually across the Gulf of Mexico, with long-term agreements to operate purpose-built rail-ferry terminals in the ports of Mobile, Alabama, and Coatzacoalcos, Veracruz in Mexico. Genesee & Wyoming Inc. and SEACOR Holdings Inc. formed the rail-ferry joint venture that includes CG Railway, LLC in 2017, combining the two companies’ unmatched experience in rail and marine transportation and logistics services. For additional information, visit cgrailway.com.
About Genesee & Wyoming Inc. (G&W)
G&W owns or leases 116 freight railroads organized in locally managed operating regions with 7,300 employees serving 3,000 customers.
G&W subsidiaries and joint ventures also provide rail service at more than 30 major ports, rail-ferry service between the U.S. Southeast and Mexico, transload services, and industrial railcar switching and repair.
About SEACOR Holdings
SEACOR Holdings Inc. is a diversified holding company with interests in domestic and international transportation and logistics, crisis and emergency management, and clean fuel and power solutions.
Todd Biscan
CGR Vice President of Sales and Marketing
+1(904) 440-7080
Vision RNG Brings Together Seasoned Team of Energy Industry Experts to Process Landfill Gas into Pipeline-Grade Renewable Natural Gas
BOULDER, Colo.--(BUSINESS WIRE)--Vision Ridge Partners (“Vision Ridge”), a preeminent investor in sustainable real assets at the forefront of the energy transition, today announced that it has made an initial commitment of $100 million to support the establishment and build out of Vision RNG LLC (“VRNG”), a full-service developer and operator of Landfill Gas (“LFG”) infrastructure to capture and process LFG into sustainable Renewable Natural Gas (“RNG”) assets.
VRNG will partner with landfill owners to develop, design, build, own and operate technologies that convert LFG into RNG product. In doing so, VRNG will provide solutions for landfill sites previously considered too small for viable projects and enable landfill owners to repurpose waste materials into a sustainable energy source for today’s consumers, while addressing the adverse environmental impacts of their landfill sites.
VRNG is led by Chief Executive Officer Bill Johnson, who most recently served as CEO of ShalePro Energy Services, and brings to the company more than 35 years of leadership experience across engineering, construction, and natural gas infrastructure. Mr. Johnson is supported by a seasoned team with decades of experience developing and executing landfill and gas pipeline and compression infrastructure as well as specific expertise operating renewable biogas projects. The founding team includes Chief Financial Officer, Kevin Johnson, and Senior Vice President of Development, Bill Held.
“Landfill gas has long created challenges for landfill owners, the surrounding communities, and the greater environment. VRNG is determined to be part of the solution by developing projects that safely convert waste emissions into projects that are not only marketable, but also environmentally friendly,” said Mr. Johnson. “We are grateful for the support of Vision Ridge, which shares our mission of delivering positive environmental impact, and look forward to a strong partnership as we scale our business.”
Reuben Munger, Managing Partner of Vision Ridge, added, “Bill and his VRNG team are the ideal partners for Vision Ridge given their commitment to transforming assets to unlock environmental benefits. Their deep energy infrastructure and operations experience, uniquely positions them to identify LFG sites, address permitting and compliance needs, and develop on-site and off-site infrastructure to create renewable energy for society and value for our investors.”
VRNG currently manages projects under development across Virginia and Missouri and expects to begin operations in the fourth quarter of 2022.
ABOUT VISION RNG
Founded in 2021, Vision RNG LLC is a U.S. based, full-service developer of landfill gas to sustainable renewable natural gas. Vision RNG partners with landfill owners by trucking partially processed landfill gas from several landfill sites to an off-site location, where it processes the combined materials and blends it with pipeline quality gas before pipeline injection thereby creating a sustainable energy source for today’s consumers. For more information, please visit https://visionrng.com/
ABOUT VISION RIDGE PARTNERS
Vision Ridge Partners is a preeminent investor in sustainable real assets that seeks to deliver superior financial returns while driving positive environmental impact. Founded by Reuben Munger and joined by partners Justin Goerke and George Polk, Vision Ridge manages approximately $2.5 billion, as of June 30, 2021 across its three funds and associated co-investments. Vision Ridge has offices in Colorado and New York. For more information visit https://vision-ridge.com
Vision RNG
Media Inquiries
Cara Dickens, Rocket Pop
This email address is being protected from spambots. You need JavaScript enabled to view it.
(804) 677-6556
Business Inquiries
Kevin Johnson, CFO, Vision RNG
This email address is being protected from spambots. You need JavaScript enabled to view it.
(724) 760-7415
Vision Ridge Partners
Amanda Shpiner/Sara Widmann
Gasthalter & Co.
This email address is being protected from spambots. You need JavaScript enabled to view it.
(212) 257-4170
Emily Nichols Joins The Momentum Leadership & Strategy Team After More Than A Decade In Utilities
SACRAMENTO, Calif.--(BUSINESS WIRE)--#CleanTech--Momentum (Buildmomentum.io) is proud to announce the addition of Emily Nichols to its expanding team of experts.
Before joining the Momentum team, Nichols spent almost a decade at a major California utility company and more than three years at SMUD. Over the course of her tenure in utilities, she designed and executed company-wide commercial and residential segment strategies and managed product portfolios, with a focus on core revenue services, rate design, grid resilience, and technology implementation. She delivered accelerated initiatives to support customer satisfaction and product objectives and oversaw complete Customer Experience (CX) strategy research and tactics across departments.
“I’m so happy to join the Momentum team,” said Nichols. “Working to combat the effects of climate change in our communities is significantly fulfilling, and I love getting to work with such a diverse set of clients.”
Nichols’ focus is on the end-user experience and brings that lens to all her projects. At Momentum, she’s already helping clients develop innovative, community-centric, clean-tech programs.
“Emily’s approach to projects is exciting and refreshing,” said Momentum CEO Shawn Garvey. “The customer experience expertise she brings to the team is going to help our clients move to the next level of clean-tech programs.”
Nichols joins the Momentum team during a time of growth and refocusing. Momentum started as the Grant Farm back in 2005, with a focus on acquiring public funding for cleantech projects. In 2019 the company rebranded to Momentum and shifted focus toward holistic cleantech strategy and project management. Nichols’ skills align perfectly with the company’s growth strategy and business goals.
Some significant projects Momentum is involved in are:
About Momentum
Momentum is a cleantech solutions firm based in Sacramento. The Momentum team of experts designs, develops, and deploys innovation campaigns for organizations working on transformative water, energy, transportation, and manufacturing technologies.
Momentum has a global reach, delivering strategic planning, fund development, project management, and commercialization services from Los Angeles and Seattle to New York City and the Kingdom of Jordan.
The Momentum team is driven by a vision of a world where clean energy, water, and transportation are abundant, affordable, and available to all.
Melody White • Creative Director, Momentum
This email address is being protected from spambots. You need JavaScript enabled to view it. • 707.832.2099
Compared to traditional processes, patented technology from Lyras reduces energy use by 90% and water use by more than 60%; results in better quality, more uptime and higher efficiency
AALBORG, Denmark--(BUSINESS WIRE)--#LYRAS--U.S. dairy processors can soon pasteurize milk and other non-transparent liquids with patented ultraviolet (UV) light technology that uses 90% less energy and more than 60% less water than traditional heat/cool pasteurization processes. Introduced to the U.S. market today by Lyras, Inc., the safe and sustainable cold pasteurization solution inactivates bacteria without heating the liquid, preserving its natural flavor and extending its shelf life, all while reducing carbon dioxide (CO2) emissions, the need for water and expensive cleaning chemicals and equipment.
With Lyras’ technology, dairy processors quickly experience lower operating costs, higher product quality, more uptime and stronger compliance with environmentally friendly initiatives.
“Our claims might sound grand, but our studies show that if the global dairy industry switches to our patent protected UV light pasteurization process, we could—each year—save at least 40 million barrels of crude oil and enough drinking water to meet the needs of 45 million people,” said Rasmus Mortensen, CEO and founder of Lyras. “That doesn’t include all of the pipes, tanks and cleaners that would no longer be needed. If you add the use of this technology on juices, wine, beer and other liquids, there’s potential for even greater environmental savings.”
UV Light “As Effective As Heat,” Research Shows
Traditional pasteurization processes throughout much of the United States and other countries heat milk up to 162 degrees Farenheit for at least 15 seconds or 150 degrees Farenheit for 30 minutes before it is then rapidly cooled. Both temperature shifts require significant energy and water resources. To eliminate waste and expedite the overall pasteurization process without reducing quality, Lyras looked to UV light, a reliable and stable method used to eliminate bacteria, spores, viruses, and other microorganisms in drinking water for more than 100 years. Until recently, however, UV light has been incapable of treating less transparent liquids such as milk to a satisfactory level.
Tatiana Koutchma, PhD, a research scientist for Agriculture and Agri-Food Canada, has studied UV light for low UV transparent (UVT) liquids and beverages for nearly 20 years and has worked with manufacturers aiming to develop nonthermal methods to process both liquid and solid food products. “We’ve long known that UV light can disinfect water, but as we’re learning, with the right methods, UV light is also capable of preserving and improving safety of other less transparent liquids such as milk and juice products. UV is as effective as heat against food borne pathogen and spoilage organisms, but it requires less energy and water, has no effect on taste and flavor, and actually extends the shelf-life of the liquids.”
Lyras has devoted the last six years to extending the capabilities of UV light with a patent-protected light filter. This filter lets through only the precise UV wavelengths needed to remove microorganisms in milk without heating or cooling it and inactivate even the most hardy thermoresistant bacteria and spores without compromising product quality.
“Our goal is to make a real difference in the worldwide dairy industry by creating significant CO2 savings,” said Mortensen, who has won a series of awards for Lyras such as the Climate Entrepreneur of the Year 2020 and a regional EY Entrepreneur of The Year, “We’ll know we’re successful when we see our customers have greatly reduced their energy, water and chemical consumption with our safe and energy-saving technology. The more we grow, the greater green transformation we can help create. That is our true motivation and the future of pasteurization.”
About Lyras
Founded in Denmark in 2017, Lyras is based on the premise that sustainable pasteurization is possible thanks to ultraviolet light and cold pasteurization. While UV light is a long-proven method for sanitizing water, the process has not been possible for milk and other non-transparent liquids. Lyras’ cold pasteurization technology is built on extensive research and consultation with stakeholders that include individuals from the dairy and juice industry, academia, public health experts and other specialists. With its patented technology, Lyras can now treat most liquid products regardless of transparency and product type. For more information, visit http://www.lyras.dk.
Press photos and video:
Watch a video on Lyras' pasteurization technology here and find photos of the Lyras solution and CEO Rasmus Mortensen here.
Company details:
Marianne Andersen
Lyras
This email address is being protected from spambots. You need JavaScript enabled to view it.
+45 2030 7447
US press:
Kelly Wanlass
HCI Marketing and Communications, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
801-602-4723
Company inducted into TECTERRA’ S Hall of Fame for successful investment project and excellence in technology commercialization
CALGARY, Canada--(BUSINESS WIRE)--$BLN #TSX--Blackline Safety Corp. (TSX: BLN), a global leader of gas detection and connected safety solutions, today announced it has been named Company of the Year by TECTERRA Inc.
TECTERRA, a Canadian geomatics technology innovation support center, released the news as part of its 2021 TECTERRA Awards recognizing outstanding achievement in technology development in the Canadian geospatial community.
Blackline Safety was acknowledged for its impact on Canada’s geospatial landscape through its blending of GPS technologies, cloud-connected software and data analytics to help organizations around the world meet demanding safety challenges and increase productivity.
The company was also inducted into TECTERRA’s Hall of Fame, acknowledging Blackline Safety’s successful completion of its industry investment project and for achieving excellence in technology commercialization.
“We are thrilled to be recognized as Company of the Year by TECTERRA,” said Brendon Cook, Co-Founder and Chief Partnership Officer, Blackline Safety.
“This achievement is a testament to the efforts of our 450 dedicated and hardworking employees around the world and the effectiveness of our connected safety solutions in saving lives and improving performance. It also speaks to the strength of Canada’s geospatial landscape and the support we’ve been able to receive along the way — including from TECTERRA.”
“TECTERRA has a unique privilege to see innovative technologies in their infancy — and disruptive waves of change before they begin to occur — and we’ve tracked Blackline Safety’s growth from a start-up to the success story it is today,” said Jonathan Neufeld, CEO, TECTERRA Inc. “We’re proud of the work that Blackline Safety is doing, and their incredible growth over the years.”
Watch the award winners video announcement
About Blackline Safety
Blackline Safety is a global connected safety leader that helps to ensure every worker gets their job done and returns home safely each day. Blackline provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations with coverage in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of people, having reported over 159 billion data-points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, we ensure that help is never too far away. For more information, visit www.blacklinesafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.
About TECTERRA
TECTERRA Inc. is a national organization supporting the Canadian development and commercialization of geomatics technologies for integrated resource management. With current funding from the Province of Alberta and the Government of Canada, TECTERRA invests in technology solutions for energy, forestry, agriculture, environment, and land management and development applications. The first centre of its kind, TECTERRA works with industry, entrepreneurs, researchers, and government partners to enable the use of geomatics technologies in addressing local, national and global challenges in resource management. TECTERRA, a non-profit organization, is governed by an independent Board of Directors representing key industry sectors associated with TECTERRA's focus markets. For more information, visit tecterra.com.
MEDIA
Blackline Safety
Christine Gillies, CMO
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 403-629-9434
TECTERRA
Katy Conti, Marketing & Communication Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 403-532-4275
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.