Business Wire News

Customers Save Money and Reduce Pollution with PG&E Energy Efficiency Resources and Programs

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) is promoting ways to protect the planet, save energy and use it more efficiently in recognition of National Energy Efficiency Day (EE Day) today October 6, 2021. This annual national event that began in 2016 recognizes energy efficiency as the quickest and cleanest way to meet energy needs, reduce pollution, and cut utility bills.

“We continue to empower customers with relevant energy efficiency tips, tools and programs to better understand how much energy use goes into heating, cooling, water heating and specific appliances such as refrigeration, EV charging and lighting. This valuable information allows customers to make informed choices when it comes to meeting their energy needs, product purchases and reducing usage,” said Marlene Santos, PG&E executive vice president and chief customer officer.

Technology continues to play a significant role in supporting PG&E and the state’s ambitious decarbonization goals. For example, PG&E’s Home Energy Report program (HER) offers tailored information on how households use energy and compares with similar homes in the neighborhood, along with savings tips and details on energy saving programs.

Today, the HERs reach 2.9 million customers, more customers than any other PG&E energy-efficiency program. The amount of energy saved because of the reports is greater than that saved through any of the utility’s other efficiency programs. In 2020 alone, the energy savings from HERs translated into approximately $42 million in customer bill savings.

In addition to helping customers save energy, HER customers also report a high level of satisfaction and engagement. In a recent customer survey, more than 87 percent of PG&E customers reported actively reading the HERs and more than half said the reports motivated them to reduce energy use.

As we celebrate National EE Day, PG&E asks customers to consider the following ways to make sustainable choices, lower energy use, and bills, this fall.

  • Visit pge.com/myrateanalysis to see rate options and learn more about the best rate plan based on energy use in the last 12 months.
  • Learn more about PG&E’s Energy Savings Assistance program which provides qualified customers with energy-saving improvements at no charge.
  • Take shorter showers to reduce water-heating costs. Turn on a 5-minute playlist for each shower then challenge yourself to finish before the music does. Encourage others in your home to take this approach.
  • Don’t waste money on electronics or appliances that aren’t in use. Turn off and unplug unused televisions, computers, phone chargers, coffee makers and other devices.
  • Give your refrigerator “breathing room.” Clean the coils and don’t set the thermostat too low. Keep the refrigerator between 38 F and 42 F and the freezer between zero- and five-degrees F.
  • Wash full loads of laundry using cold water. Modern detergents work great in cold water, and about 90 percent of the energy used by clothes washers goes to water heating.

To find other energy-saving actions, visit www.pge.com or join the conversation on Twitter by using the hashtag #EEDay2021. Customers can also compare and shop energy-saving appliances and electronics by logging onto marketplace.pge.com.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.


Contacts

MEDIA RELATIONS:
415-973-5930

PLANO, Texas--(BUSINESS WIRE)--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) plans to issue its third quarter 2021 financial and operating results prior to the market opening on Thursday, November 4, 2021. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.


What: Denbury 3Q 2021 Results Conference Call

Date: Thursday, November 4, 2021

Time: 11:00 a.m. Central Time (12 p.m. Eastern Time)

Dial-in numbers: 877.705.6003 (domestic) and 201.493.6725 (international)

Conference ID number: 13696090

ABOUT DENBURY

Denbury is an independent energy company with operations and assets focused on Carbon Capture, Use and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2012 has also been active in CCUS through the injection of captured industrial-sourced CO2. The Company currently injects over three million tons of captured industrial-sourced CO2 annually, and its objective is to fully offset its Scope 1, 2, and 3 CO2 emissions within this decade, primarily through increasing the amount of captured industrial-sourced CO2 used in its operations. For more information about Denbury, visit www.denbury.com.

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Contacts

DENBURY CONTACTS:
Brad Whitmarsh, Executive Director, Investor Relations, 972.673.2020, This email address is being protected from spambots. You need JavaScript enabled to view it.
Susan James, Manager, Investor Relations, 972.673.2593, This email address is being protected from spambots. You need JavaScript enabled to view it.

FORT WORTH, Texas--(BUSINESS WIRE)--Black Mountain Sand (“BMS”) is pleased to announce that after almost two years, the litigation matter styled, Cause No. 14-314202-20: Black Mountain Sand Midcon, LLC and Black Mountain Eagle Ford, LLC v. Schlumberger Technology Corporation, filed in the 141st Judicial District Court, Tarrant County, Texas, has been satisfactorily resolved. By pursuing this matter to resolution, BMS has positioned itself to better serve its customers both now and in the future.

BMS’ customers are important to its business and those relationships are valued at a level beyond the bottom line. As a company that has, since its inception, pursued lasting contractual relationships with its customers despite a dynamic market environment, BMS will continue to work with its customers fairly and in good faith.

“We are proud of our continued growth,” Jason Morin, CEO of BMS, commented, “and we appreciate the relationships we have built and continue to maintain with our people, customers, suppliers, communities and investors.”

Founded in 2017, BMS is the premier in-basin frac sand provider in the Permian and Eagle Ford basins. It’s in-basin products provide high quality, cost-effective proppant solutions to meet the demands of the customer.

For more information about BMS, please visit www.blackmountainsand.com.


Contacts

Kelli L. Roach
General Counsel - Black Mountain Sand
817-529-0015

EWING, N.J.--(BUSINESS WIRE)--$OLED #OLED--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the third quarter, ended September 30, 2021, will be released on Thursday, November 4, 2021 after market close. At that time, a copy of the financial results release will be available on the Company’s website at https://oled.com/.


In conjunction with this release, Universal Display will host a conference call on Thursday, November 4, 2021 at 5:00 p.m. Eastern Time. The live webcast of the conference call can be accessed under the events page of the Company's Investor Relations website at ir.oled.com. Those wishing to participate in the live call should dial 1-877-524-8416 (toll-free) or 1-412-902-1028. Please dial in 5-10 minutes prior to the scheduled conference call time. An online archive of the webcast will be available within two hours of the conclusion of the call.

About Universal Display Corporation

Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.

Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.

All statements in this document that are not historical, such as those relating to the Company’s technologies and potential applications of those technologies, the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2020. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

Follow Universal Display Corporation

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(OLED-C)


Contacts

Universal Display Contact:
Darice Liu
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+1 609-964-5123

  • Top Global Business-to-Business Meeting for the Cleaning Product Supply Chain Set for January 31-February 5, 2022 in Orlando, Florida
  • American Cleaning Institute Will Bring Together Supply Chain Executives from Around the Globe – In-Person!

WASHINGTON--(BUSINESS WIRE)--#2022ACI--Two words describe the 2022 American Cleaning Institute (ACI) Annual Meeting and Industry Convention: “It’s on!”



Registration for the global cleaning product supply chain’s top business-to-business event is now open on the ACI website. The event will take place at the Grande Lakes Orlando in Orlando, Florida January 31-February 5, 2022.

“There is pent up demand across the cleaning products industry to get back together and do business with customers, suppliers and colleagues in one place, at one time,” said Melissa Hockstad, ACI President & CEO. “The theme of our 2022 Convention, ‘Uniting for a Cleaner World,’ succinctly captures our desire to effectively and efficiently bring the supply chain together under one roof for sales, marketing, R&D and strategic planning for the industry at-large.”

The ACI Convention provides an exclusive forum for business-to-business meetings among cleaning product manufacturers, chemical producers, chemical distributors and packaging suppliers. Convention Week features high-level executive programs, panel discussion, policy briefings, meetings of ACI’s expert standing committees and can’t-miss networking events.

The safety of all attendees is paramount to ACI. The Convention will follow all applicable local and state health recommendations in place at the time of the event.

Companies that are eligible to join ACI must be members of the association to attend the Convention. Membership inquiries can be directed to This email address is being protected from spambots. You need JavaScript enabled to view it..

The ACI Convention offers a multitude of sponsorship opportunities for interested companies. For more information or questions about the Convention, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

The American Cleaning Institute® (ACI – www.cleaninginstitute.org) is the Home of the U.S. Cleaning Products Industry® and represents the $60 billion U.S. cleaning product supply chain. ACI members include the manufacturers and formulators of soaps, detergents, and general cleaning products used in household, commercial, industrial and institutional settings; companies that supply ingredients and finished packaging for these products; and chemical distributors. ACI serves the growth and innovation of the U.S. cleaning products industry by advancing the health and quality of life of people and protecting our planet. ACI achieves this through a continuous commitment to sound science and being a credible voice for the cleaning products industry.


Contacts

Kristin DiNicolantonio – 202.662.2526 (office) 202.809.0836 (mobile)
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HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“HESM”) today announced the commencement of an underwritten public offering of an aggregate of 6,000,000 Class A shares representing limited partner interests in HESM by a subsidiary of Hess Corporation and an affiliate of Global Infrastructure Partners (the “Selling Shareholders”). The Selling Shareholders intend to grant the underwriters a 30-day option to purchase up to 900,000 additional Class A shares. HESM will not receive any proceeds from the sale of Class A shares in the offering.


J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as joint bookrunning managers of the offering.

The offering of these securities is being made only by means of the prospectus supplement and accompanying base prospectus as filed with the Securities and Exchange Commission (the “SEC”). Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SEC’s website at www.sec.gov under HESM’s name or from the underwriters of the offering as follows:

J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions,
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 1-866-803-9204
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 800-831-9146

The Class A shares are being offered and will be sold pursuant to an effective shelf registration statement that was previously filed with the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About Hess Midstream LP

HESM is a fee-based, growth-oriented midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess Corporation and third-party customers. HESM owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. More information is available at www.hessmidstream.com.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of U.S. securities laws. Words such as “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “would,” “believe,” “intend,” “project,” “plan,” “predict,” “will,” “target” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from our historical experience and our current projections or expectations of future results expressed or implied by these forward-looking statements. You should keep in mind the risk factors and other cautionary statements in the filings made by HESM with the SEC, which are available to the public. HESM undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.


Contacts

Investor Contact:
Jennifer Gordon
(212) 536-8244

Media Contact:
Robert Young
(713) 496-6076

AquaCulture startup is turning seaweed into livestock feed, reducing methane produced by cows by up to 90%

HENDERSON, Nev.--(BUSINESS WIRE)--CH4 Global, a pioneer in utilizing seaweed to drastically reduce ruminant methane emissions, today announced that it has raised US$13 million in Series A funding led by DCVC and DCVC Bio with participation from several other investors with a strong interest in climate change.


Today the 1.5 billion cows on the planet produce more than 150 million tons of methane per year. This is the largest single source of methane globally, and the UN cites methane as 86 times more impactful than CO2 on global warming over the next 20 years. At more than 12.9 billion tons CO2-e per year (at an average of 100 kg methane/cow), this is a larger GHG output than from the US, the EU, and India combined. CH4 Global has established a leadership position in the development and commercialization of a unique red seaweed (Asparagopsis) which, when added to cattle feed, drastically reduces the animals’ methane emissions by up to 90% as well as improving feed conversion. In addition, Asparagopsis seaweed farming (aka aquaculture) helps to reverse the growing levels of excess CO2 in the oceans and reduce ocean acidification, thus reinvigorate local marine life.

“The team at CH4 Global is building an extraordinary company and its mission is critically important to dramatically reduce methane from ruminants now and through the coming decade. The company’s strong sense of urgency aligns with recent reports that action in the next ten years is critical for the climate crisis,” said John Hamer PhD, Partner at DCVC Bio, who has joined the CH4 Global board of directors.

Further underscoring the opportunity and impact, the recent May 2021 United Nations report stated that “methane is the single biggest lever for climate change impact in the next 25 years”. In addition, the recent IPCC 6th report has changed the global conversation on the role of anthropogenic methane in climate change.

Zachary Bogue, Partner at DCVC, will also join the company’s board and added, “The role of reducing anthropogenic methane in this current decade, globally, is pivotal for the world to reduce emissions sufficiently to meet 2030 GHG reduction targets, and we are excited to partner with CH4 Global as the recognized leader in this journey. The fact that CH4 have farmers at the center of their strategy will be a critical element as they commercialize.”

Founded in 2019, GH4 Global has made progress over the last two years in passing proof of concept and scaling toward full commercialization. With offices in the US, Australia and New Zealand, the company will use this new funding to establish a new research and production facility in Adelaide, South Australia and bring its first commercial product to market in 2022. The company will also focus on supply chain optimization to develop reliable, repeatable manufacturing capabilities to scale production in 2023 and beyond. This work is fueled by the company’s sense of urgency that we must act quickly if we are to be able to avoid a climate tipping point.

“What we've developed at CH4 Global is the hatchery, aquaculture, processing and formulation capability for Asparagopsis to reduce the methane output of those 1.5 billion cows,” said Steve Meller, PhD, co-founder and CEO, CH4 Global. “We are formulating our unique feed supplement products to meet the specific needs of each cattle market segment including for feedlot operations, dairies, as well as for remote and generally unattended cattle around the world. Our initial focus is Australia and New Zealand, the native home of Asparagopsis, as we plan to have our first product ready for market in 2022 from our market demonstration facility in Adelaide Australia.”

About DCVC and DCVC Bio

DCVC backs entrepreneurs using Deep Tech to solve problems and multiply the benefits of capitalism for everyone while reducing its cost. For more information visit DCVC.

DCVC Bio is a venture capital fund that invests in early-stage life science companies driven by deep-tech approaches. For more information visit DCVC Bio.

About CH4 Global

CH4 Global is an aquaculture solutions provider dedicated to urgently impacting climate change. Led by a world-class team of senior business builders, scientists and entrepreneurs, the company is initially leveraging proven science and technology for growing seaweed into innovative new livestock supplement that reduces methane produced by cows by up to 90%. CH4 Global is a Delaware corporation based in Hederson, NV. For more information, please visit us at CH4 Global.


Contacts

USA - Rich Moore
415-608-7441
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ANZ - Sam Hardy
0456 714 622
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Company - Dr. Steve Meller
President and CEO CH4 Global Inc.
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HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended September 30, 2021.

Unitholders of record on October 15, 2021 will receive a distribution amounting to $4,197,500 or $0.365 per unit payable October 25, 2021.

Volumes, average price and net profits for the payment period were:

Volume (BOE)

                         

 

165,777

 

Average price (per BOE)

                         

 

$

65.70

 

Gross proceeds

                         

 

$

10,891,023

 

Costs

                         

 

$

5,323,701

 

Net profits

                         

 

$

5,567,322

 

Percentage applicable to Trust’s 80%

                         

 

 

 

Net profits interest

                         

 

$

4,453,858

 

MV Partners reserve for capital expenditures

                         

 

$

--

 

Total cash proceeds available for the Trust

                         

 

$

4,453,858

 

Provision for estimated Trust expenses

                         

 

$

(256,358

)

Net cash proceeds available for distribution

                         

 

$

4,197,500

 

             

This press release contains forward-looking statements. Although MV Partners, LLC has advised the Trust that MV Partners, LLC believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended September 30, 2021. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, the effect, impact, potential duration or other implications of the COVID-19 pandemic, actions by the members of the Organization of Petroleum Exporting Countries, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.


Contacts

MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
713-483-6020

DUBLIN--(BUSINESS WIRE)--The "Global Solar Photovoltaic Glass Market: Size, Trend & Forecast with Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.


This report provides an in-depth analysis of the global solar PV glass market by value, by application, by region, by end-users, etc. The report provides a regional analysis of the solar PV glass market.

As a result of the COVID-19 outbreak, the global PV solar glass industry has witnessed a downward trend in the short term because of the overall slowdown in the construction sector, supply chain problems and delays in solar glass projects, and import-export restrictions in the first half of 2020. It has invariably hampered the growth of the global solar PV glass industry.

The industry has come back to normal in the second half of 2020 owing to increasing government policy support and solar energy investments as part of the recovery plan of several nations. The latest advancement and growing sustainability awareness have bolstered support for the future development of solar technology and have increased the importance of solar power in the energy mix of different countries.

The global solar PV glass market has increased significantly during the years 2016-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously.

The global solar PV glass market is expected to increase due to growing industrial activities, increasing demand for photovoltaic power, increasing global warming, rapid urbanization, etc. Yet the market faces some challenges such as high cost initial and installation cost involved, weaker than expected solar demand, etc.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global solar PV glass market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

The global solar PV glass market is dominated by few major players. The manufacturers of solar glass produce different types of products to cater to the needs of various sectors.

The key players of the solar PV glass market are Xinyi Solar Holdings Limited, CSG Holdings Co., Sisecam, and AGC Inc. are also profiled with their financial information and respective business strategies.

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Solar Photovoltaic Glass: An Overview

2.1.1 Solar Photovoltaic Glass Definition

2.1.2 Advantages of Solar Photovoltaic Glass

2.1.3 Disadvantages of Solar PV Glass

2.2 Solar Photovoltaic Glass Production Process

2.3 Solar Photovoltaic Glass Segmentation: An Overview

3. Global Market Analysis

3.1 Global Solar Photovoltaic Glass Market: An Analysis

3.1.1 Global Solar Photovoltaic Glass Market by Value

3.1.2 Global Solar Photovoltaic Glass Market by Application (Residential, Non-Residential, Utility)

3.1.3 Global Solar Photovoltaic Glass Market by Type (Crystalline Silicon Cell, Thin Film)

3.1.4 Global Solar Photovoltaic Glass Market by Region (Asia Pacific, North America, Europe, Latin America, Middle East & Africa)

3.2 Global Solar Photovoltaic Glass Market: Application Analysis

3.2.1 Global Residential Solar Photovoltaic Glass Market by Value

3.2.2 Global Non-Residential Solar Photovoltaic Glass Market by Value

3.2.3 Global Utility Solar Photovoltaic Glass Market by Value

3.3 Global Solar Photovoltaic Glass Market: Type Analysis

3.3.1 Global Crystalline Silicon Cell Market by Value

3.3.2 Global Thin-Film Market by Value

4. Regional Market Analysis

4.1 Asia Pacific Solar Photovoltaic Glass Market: An Analysis

4.1.1 Asia Pacific Solar Photovoltaic Glass Market by Value

4.2 North America Solar Photovoltaic Glass Market: An Analysis

4.2.1 North America Solar Photovoltaic Glass Market by Value

4.2.2 North America Solar Photovoltaic Glass Market by Region (The US and Rest of the North America)

4.2.3 The U.S. Solar Photovoltaic Glass Market by Value

4.2.4 The U.S. Solar Photovoltaic Glass Market by Application (Residential, Non-Residential, Utility)

4.2.5 The U.S. Residential Solar Photovoltaic Glass Market by Value

4.2.6 The U.S. Non-Residential Solar Photovoltaic Glass Market by Value

4.2.7 The U.S. Utility Solar Photovoltaic Glass Market by Value

4.2.8 Rest of North America Solar Photovoltaic Glass Market by Value

4.3 Europe Solar Photovoltaic Glass Market: An Analysis

4.3.1 Europe Solar Photovoltaic Glass Market by Value

4.4 Latin-America Solar Photovoltaic Glass Market: An Analysis

4.4.1 Latin America Solar Photovoltaic Glass Market by Value

4.5 Middle East & Africa Solar Photovoltaic Glass Market: An Analysis

4.5.1 Middle East & Africa Solar Photovoltaic Glass Market by Value

5. Impact of COVID-19

5.1 Impact of COVID-19 on Glass Industry

5.2 Impact of COVID-19 on Automobile Sales

5.3 Impact of COVID-19 on Construction Industry

5.4 Impact of COVID-19 on Solar PV Glass Prices

6. Market Dynamics

6.1 Growth Drivers

6.1.1 Increased Demand of Photovoltaic Power

6.1.2 Rapid Industrialization

6.1.3 Rising Global Warming

6.1.4 Decline in Solar Generated Electricity Prices

6.1.5 Increasing Urbanization

6.1.6 Favorable Policies

6.2 Challenges

6.2.1 High Initial and Installation Cost

6.2.2 Weaker Than Expected Solar Demand

6.3 Market Trends

6.3.1 Development of Off-Grid Electricity Systems

6.3.2 Growing Demand across the Residential Sector

6.3.3 Growing Preference for Bifacial Modules

7. Competitive Landscape

7.1 Global Solar Photovoltaic Glass Market Players: A Financial Comparison

7.2 Global Solar Photovoltaic Glass Market Players by Research & Development (R&D) Expenses

8. Company Profiles

8.1 Business Overview

8.2 Financial Overview

8.3 Business Strategies

  • Xinyi Solar Holdings Limited
  • CSG Holdings Co., Ltd
  • Sisecam
  • AGC Inc.

For more information about this report visit https://www.researchandmarkets.com/r/1bxjbe


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
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With the completion of the ethane pipeline to the Gulf Coast Growth Ventures cracker facility and the NGL pipelines to the Sweeny, Texas market, EPIC completes its strategic NGL footprint

HOUSTON--(BUSINESS WIRE)--EPIC Y-Grade, LP (“EPIC” or “the Company”) is pleased to announce the completion of its 165-mile pipeline from the EPIC Robstown, Texas, fractionation complex, to the Sweeny fractionation and storage complex, which includes Phillips 66 and Chevron Phillips Chemical. The Company is strategically advantaged with connectivity to both the Corpus Christi and Sweeny, Texas, markets. EPIC can transport and fractionate NGL volumes in both locations as well as access its storage position in Sweeny for both Y-Grade and purity products. The Company has also placed in service a 175-mile propane pipeline for delivery and sale of product in Sweeny, Texas.



EPIC has continued to expand its long-term relationship with the downstream market through a recently completed ethane pipeline connecting to Gulf Coast Growth Ventures, an ExxonMobil and SABIC joint venture. This facility, which just announced mechanical completion, will include a 1.8 million metric ton ethane steam cracker. EPIC is now positioned with multiple strategic purity connections including exports around its Corpus Christi fractionation complex.

“EPIC is the only pipeline that can offer shippers transportation and fractionation service to both Corpus Christi and Sweeny destinations,” said Brian Freed, Chief Executive Officer of EPIC. “Our assets provide producers and processors across the Permian Basin and Eagle Ford a full service best-in-class Mt. Belvieu alternative. I am extremely proud of our employees and contractors for safely delivering on our last major pipeline construction project.”

Additionally, NGL volumes have begun to flow under transportation agreements associated with BANGL, a strategic transaction between MPLX, WTG and WhiteWater Midstream, announced late last year.

About EPIC Y-Grade, LP

EPIC Y-Grade, LP (“EPIC Y-Grade”) was formed in 2017 to build and operate a 700-mile, 24” natural gas liquids pipeline and associated fractionation complex linking NGL reserves in the Permian and Eagle Ford to Gulf Coast refiners, petrochemical companies and export markets. EPIC Y-Grade’s operated fractionation complex is located at the terminus of the 24” pipeline in Robstown, Texas. EPIC Y-Grade has owned and controlled fractionation capacity totaling 240,000 barrels per day in Robstown and Sweeny, Texas. EPIC Y-Grade is backed by capital commitments from funds managed by the Private Equity Group of Ares Management Corporation (NYSE: ARES) as well as additional equity ownership by Chevron Corporation and FS Investments. For more information, visit www.epicmid.com.


Contacts

Media Contact:
EPIC Midstream Holdings, LP
David McArthur
Corporate Communications Director
(210) 446-1059
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ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE:AGR) will be releasing its third quarter 2021 financial results on Tuesday, October 26, 2021, after the market closes in a news release to be posted to the Investors’ section of the company’s website at www.avangrid.com/wps/portal/avangrid/Investors. The company will issue an advisory news release over Business Wire the evening of October 26th, which will include a link to the financial results news release on the company’s website.


In conjunction with the earnings release, AVANGRID will conduct a webcast conference call with financial analysts on Wednesday, October 27, 2021 beginning at 10:00 A.M. ET. AVANGRID’s Executive team will present an overview of the financial results followed by a question and answer session.

Interested parties, including analysts, investors and the media, may listen to a live audio-only webcast by accessing a link located in the Investors’ section of AVANGRID’s website at 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.


Contacts

Analysts: Patricia Cosgel 203-499-2624
Media: Zsoka McDonald 203-997-6892

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) announced today that it has priced a public offering of $600 million of 2.600% Senior Notes due 2031 (the “new 2031 notes”) at a price of 100.973 percent of par and $650 million of 3.500% Senior Notes due 2051 at a price of 99.833 percent of par. The new 2031 notes are an additional issuance of the $900 million aggregate principal amount of Williams’ 2.600% Senior Notes due 2031 issued on March 2, 2021 and will trade interchangeably with such notes. The expected settlement date for the offering is October 8, 2021, subject to the satisfaction of customary closing conditions.


Williams intends to use the net proceeds of the offering for general corporate purposes, which may include, together with cash on hand, repaying the $1.25 billion aggregate principal amount of our outstanding 3.60% Senior Notes due 2022.

Barclays Capital Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.

This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

An automatic shelf registration statement relating to the notes was previously filed with the Securities and Exchange Commission (the “SEC”) and became effective upon filing. Before you invest, you should read the prospectus in the registration statement and other documents Williams has filed with the SEC for more complete information about Williams and the offering. A copy of the prospectus supplement and prospectus relating to the offering may be obtained on the SEC website at www.sec.gov or from any of the underwriters by contacting:

Barclays Capital Inc.
745 Seventh Avenue
New York, NY 10019
Attention: Syndicate Registration
Telephone: 1-888-603-5847

SMBC Nikko Securities America, Inc.
277 Park Avenue
New York, NY 10172
Attention: Debt Capital Markets
Telephone: 1-888-868-6856

Truist Securities, Inc.
303 Peachtree Street
Atlanta, GA 30308
Attention: Prospectus Department
Telephone: 800 685-4786

Wells Fargo Securities, LLC
608 2nd Avenue South, Suite 1000
Minneapolis, MN 55402
Attention: WFS Customer Service
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll-Free: 1-800-645-3751

About Williams

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

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although Williams believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in Williams’ annual and quarterly reports filed with the SEC.


Contacts

MEDIA:
This email address is being protected from spambots. You need JavaScript enabled to view it.
(800) 945-8723

INVESTOR CONTACT:
Danilo Juvane
(918) 573-5075

The PG&E Corporation Foundation Funding Scholarships Totaling $250,000 to Students Pursuing Higher Education in California

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced that 40 students from hometowns across its service area will receive scholarships totaling $250,000 from the 2021 Better Together STEM Scholarship Program.

The PG&E Corporation Foundation (The Foundation) funds the scholarships. This year, The Foundation is funding 20 scholarships of $10,000 each and 20 scholarships of $2,500 each. The scholarships are given to students pursuing a degree in the Science, Technology, Engineering and Math (STEM) disciplines. STEM education fosters ingenuity, creativity, and experimentation, leading to new ideas, innovations, and technological advancements that can have global impact.

Jose Ochoa of Mendota is attending the University of California, Berkeley.

“I am extremely honored to have been selected as the recipient of the PG&E STEM Scholarship. Receiving this award encourages me to keep on persevering, making my family proud, and breaking boundaries. Your generosity is greatly appreciated and inspiring to me. I hope to one day be able to do the same for the youth of the next generation,” said Ochoa.

Scholarship winner Amirlan “Amy” Erdenedalai of Alameda is a sophomore at the University of California, Irvine, pursing a degree in environmental engineering. Erdenedalai hopes to work in the hydrology field to improve universal water quality and promote sustainability.

“When I first saw the email declaring that I was one of the scholarship recipients, I was beyond thrilled and filled with joy. I was practically dancing in line for my school ID. Thanks to PG&E’s extremely generous scholarship, I will be the first in my family to be studying and graduating from a college in the United States. This scholarship has further motivated me to value my college education and granted me the power to make my dreams and goals a reality,” said Erdenedalai.

Scholarships are awarded based on academic achievement, demonstrated participation and leadership in school and community activities, and financial need.

“All of us at PG&E and The Foundation are focused on California’s future and supporting inclusive programs that assist the next generation of creators and innovators in STEM-based fields,” said Robert Kenney, PG&E Senior Vice President, Regulatory and External Affairs, and Chair of The PG&E Corporation Foundation Board of Directors.

Winners must plan to enroll in full-time undergraduate study for the entire 2021-2022 academic year and be seeking their first undergraduate degree at an accredited four-year institution in California.

Supporting Local Scholars

Since 2012, the Better Together STEM Scholarship Program has awarded more than $6.5 million to accomplished students based on a combined demonstration of community leadership, personal triumph, financial need and academic achievement. These charitable donations will come from PG&E shareholders, not PG&E customers.

In addition to the Better Together STEM Scholarship Program, PG&E's 10 employee resource groups (ERGs) and two engineering networking groups (ENGs) award scholarships to help offset the cost of higher education. The funds are raised totally through employee donations, employee fundraising events and Campaign for the Community, the company's employee giving program. Since 1989, more than $5 million ERG scholarships have been received by thousands of recipients.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.


Contacts

MEDIA RELATIONS:
415-973-5930

 

HOUSTON--(BUSINESS WIRE)--Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or the “Company”) announced today that it will host a conference call to discuss its third quarter 2021 results on Tuesday, November 2, 2021 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). Solaris will issue its third quarter 2021 earnings release after market close on November 1, 2021.

To join the third quarter 2021 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. To listen via live webcast, please visit the Investor Relations section of the Company’s website, www.solarisoilfield.com.

An audio replay of the conference call will be available shortly after the conclusion of the call and will remain available for approximately seven days. It can be accessed by dialing (877) 344-7529 within the United States or (412) 317-0088 outside of the United States. The conference call replay access code is 10160489. The replay will also be available in the Investor Relations section of the Company’s website shortly after the conclusion of the call and will remain available for approximately seven days.

About Solaris Oilfield Infrastructure, Inc.

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris’ patented mobile proppant and chemical systems are deployed in many of the most active oil and natural gas basins in the United States. Additional information is available on our website, www.solarisoilfield.com.


Contacts

Yvonne Fletcher
Senior Vice President, Finance and Investor Relations
(281) 501-3070
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David Hang joins developer as Chief Operating Officer

BALTIMORE--(BUSINESS WIRE)--#USWindinc--Today, Maryland-based offshore wind developer US Wind, Inc. ("US Wind") announced the addition of David Hang to its executive management team. With over 20 years of experience in the financial and commercial sectors, Hang joins the US Wind team as Chief Operating Officer. In this role, Hang will oversee the company’s day-to-day operations and work with the Chief Executive Officer to lead the larger commercial strategy for constructing its projects.


"David adds some serious heft to US Wind’s executive management team," said Jeff Grybowski, US Wind CEO. "His vast knowledge of and expertise in project financing and commercial strategy is unparalleled in the U.S. offshore wind industry. We’re thrilled for him to join our best-in-class team to deliver clean energy and good jobs to Maryland."

Hang’s offshore wind experience dates back to 2007 when he made the initial investment in Deepwater Wind on behalf of the D. E. Shaw group. At the D. E. Shaw group, he spent more than a decade managing all capital raising and capital allocation activities for Deepwater Wind, negotiated all major contracts and financing for the Block Island Wind Farm – America’s first offshore wind farm – and led negotiations to sell Deepwater Wind to Orsted in 2018. Upon the sale of Deepwater Wind to Orsted, Hang became President of Orsted’s U.S. Offshore Wind business, where he assumed development responsibility for the company’s United States offshore wind portfolio, consisting of 2 GW of projects.

About US Wind

US Wind was founded in 2011 and has established its position as a premier offshore wind energy development company in the United States. In 2014, US Wind obtained a federal lease for site control to develop approximately 1.5 GW of offshore wind power generation off the coast of Maryland. US Wind is majority-owned by Renexia SpA, a leader in renewable energy development in Italy and a subsidiary of Toto Holding SpA. Toto Holding SpA has more than 40 years of experience specializing in large construction and infrastructure projects.


Contacts

Press:
Sara Warfield
410-952-1221
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MANILA, Philippines--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that, following the completion of the voluntary tender offer period by Philippines Clean Energy Holding Inc. (the “Offeror”), an entity owned by KKR investment funds, the Offeror has waived its maximum limit of 205 million shares under the terms of the tender offer and accepted all of the 262,937,672 common shares of First Gen Corporation (PSE: FGEN) (“First Gen” or the “Company”) that were tendered by shareholders at the close of the tender offer. The shares tendered to and accepted by the Offeror represent approximately 7.3% of First Gen’s outstanding common shares.


The Offeror intends to acquire all of these tendered common shares at a price of ₱33 (US$0.65) per common share through a block sale on the facilities of the Philippine Stock Exchange, Inc. on October 8, 2021, the cross date previously set out in the Offeror’s tender documents. The transaction represents a total investment value of ₱8.68 billion (~US$171 million). With the completion of the share acquisition, KKR, which is an existing shareholder in First Gen, will hold an approximately 19.9% ownership stake in the Company.

First Gen is one of the Philippines’ largest independent power producers and is a subsidiary of First Philippine Holdings Corporation. First Philippine Holdings of the Lopez Group is one of the most established conglomerates in the Philippines. The Company primarily generates power through renewable energy and indigenous fuel sources such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. First Gen has 3,495 megawatts of installed capacity in its portfolio, which accounts for 19% of the Philippines’ gross power generation.

Michael de Guzman, a Managing Director on KKR’s Infrastructure team, said, “After having been invested in First Gen for this past year, our admiration for First Gen’s business and strategy – including its work to support the energy transition in the Philippines – as well as its Board and management team has only increased. Today, we are pleased to have this opportunity to extend our shareholding in First Gen and support its work to provide critical energy solutions to millions of Filipinos across the country. This investment marks the latest milestone for KKR in the Philippines, and deepens our commitment to the market.”

Southeast Asia is a key part of KKR’s Asia infrastructure strategy, and KKR’s new investment in First Gen extends the Firm’s track record as an active investor in the region across asset classes. In addition to First Gen, KKR’s investments in the Philippines include Pinnacle Towers, a leading independent telecom tower platform; Metro Pacific Hospitals, the country’s largest private hospitals operator and healthcare network; and Voyager Innovations, a leading technology company.

KKR makes its investment from its Asia Pacific Infrastructure Fund.

About KKR

KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

About First Gen

First Gen is a leading independent power producer in the Philippines that primarily utilizes clean and indigenous fuels such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. The Company has 3,495MW of installed capacity in its portfolio, which accounts for 19% of the country’s gross generation. First Gen is a subsidiary of First Philippine Holdings Corporation, one of the most established conglomerates in the Philippines, and has over 20 years of experience in power development. It is part of the Lopez Group of Companies.


Contacts

KKR Media Contacts:

Anita Davis
+852 3602 7335
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Wei Jun Ong
+65 6922 5813
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EON (For KKR in the Philippines)
Alexander Capiz
+639175474708
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--(BUSINESS WIRE)--Edison International (NYSE: EIX):


 

WHAT:

Third Quarter 2021 Financial Results

 

 

WHEN:

Tuesday, November 2, 2021, 1:30 – 2:30 p.m. (Pacific Time)

 

 

NUMBERS:

1-888-673-9780 – for callers in the United States

 

1-312-470-0178 – for international callers

 

 

PASSCODE:

Edison

 

 

WEBCAST:

www.edisoninvestor.com

 

 

REPLAY:

In addition to the live conference call and webcast, a telephone replay will be available through November 16, 2021 at 5:00 p.m. (Pacific Time) at the following numbers:

 

1-866-429-9466 – for callers in the United States

 

1-203-369-0920 – for international callers

 

Passcode: 6891

About Edison International

Edison International (NYSE: EIX) is one of the nation’s largest electric utility holding companies, providing clean and reliable energy and energy services through its independent companies. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California. Edison International is also the parent company of Edison Energy, a global energy advisory company delivering comprehensive, data-driven energy solutions to commercial and industrial users to meet their cost, sustainability and risk goals.


Contacts

Investor Relations: Sam Ramraj, (626) 302-2540
Media Contact: Jeff Monford, (626) 476-8120

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“HESM”) today announced the upsizing and pricing of an underwritten public offering of an aggregate 7,500,000 Class A shares representing limited partner interests in HESM by a subsidiary of Hess Corporation and an affiliate of Global Infrastructure Partners (the “Selling Shareholders”), at a public offering price of $26.00 per Class A share. The offering was upsized from the previously announced 6,000,000 Class A shares. The Selling Shareholders have granted the underwriters a 30-day option to purchase up to 1,125,000 additional Class A shares at the public offering price less underwriting discounts and commissions.


The gross proceeds from the sale of Class A shares by the Selling Shareholders are expected to be approximately $195,000,000. HESM will not receive any proceeds from the sale of Class A shares in the offering. The offering is expected to close on October 8, 2021, subject to customary closing conditions.

J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as joint bookrunning managers of the offering.

The offering of these securities is being made only by means of the prospectus supplement and accompanying base prospectus as filed with the Securities and Exchange Commission (the “SEC”). Copies of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SEC’s website at www.sec.gov under HESM’s name or from the underwriters of the offering as follows:

J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions,
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 1-866-803-9204
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Telephone: 800-831-9146

The Class A shares are being offered and will be sold pursuant to an effective shelf registration statement that was previously filed with the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About Hess Midstream LP

HESM is a fee-based, growth-oriented midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess Corporation and third-party customers. HESM owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of U.S. securities laws. Words such as “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “would,” “believe,” “intend,” “project,” “plan,” “predict,” “will,” “target” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from our historical experience and our current projections or expectations of future results expressed or implied by these forward-looking statements. You should keep in mind the risk factors and other cautionary statements in the filings made by HESM with the SEC, which are available to the public. HESM undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.


Contacts

Investor Contact:
Jennifer Gordon

(212) 536-8244

Media Contact:
Robert Young
(713) 496-6076

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW), one of the world’s largest logistics platforms, announced today that it will issue third quarter 2021 results via press release after the market closes on Tuesday, October 26, 2021. The company will hold a conference call from 4:00-5:00 pm Central Time on the same day to discuss the quarterly results and answer live questions from the investment community.


Hosting the conference call will be Bob Biesterfeld, President and Chief Executive Officer; Mike Zechmeister, Chief Financial Officer; and Chuck Ives, Director of Investor Relations.

Presentation slides and a simultaneous audio webcast of the conference call may be accessed at http://investor.chrobinson.com.

To participate in the conference call by telephone, please call ten minutes early by dialing 877-269-7756. International callers should dial +1-201-689-7817.

An audio replay will be available at http://investor.chrobinson.com. An audio replay will also be available by telephone until 7:00 p.m. Central Time on November 2, 2021 by calling 1-877-660-6853 and dialing the passcode 13724005#. International callers should dial +1-201-612-7415.

About C.H. Robinson

C.H. Robinson solves logistics problems for companies across the globe and across industries, from the simple to the most complex. With $21 billion in freight under management and 19 million shipments annually, we are one of the world’s largest logistics platforms. Our global suite of services accelerates trade to seamlessly deliver the products and goods that drive the world’s economy. With the combination of our multi-modal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our more than 105,000 customers and 73,000 contract carriers. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses. As a responsible global citizen, we are also proud to contribute millions of dollars to support causes that matter to our company, our Foundation and our employees. For more information, visit us at www.chrobinson.com (Nasdaq: CHRW).

Source: C.H. Robinson
CHRW-IR


Contacts

Chuck Ives, Director of Investor Relations
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

LONDON--(BUSINESS WIRE)--I Squared Capital, a leading global infrastructure investor, has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy. The platform will develop, repower, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery storage and green hydrogen. Cube Green Energy’s initial focus will be the mature renewables markets in Continental Europe that are at the forefront of the energy transition.


Cube Green Energy is led by former senior executives from GE Energy Financial Services (GE EFS), the energy investment arm of General Electric Company, with over 70 years combined global power markets experience including more than 40 years in renewable energy.

Cube Green Energy CEO, Raghuveer Kurada, has held various leadership roles at GE EFS, including successfully closing and managing over $10 billion of value-accretive investments globally as Head of Global Deal Execution. Most recently, he was responsible for raising over $6 billion in third-party equity and debt for GE projects as Head of Global Capital Advisory.

The other members of the management team include Sharad Jain, Niko Meissner, and Hussain Shalchi. Sharad Jain has over 25 years and 15+ GW of global energy sector investment experience and brings deep domain knowledge in asset investment, management and financial structuring. Niko Meissner has more than 15 years of renewables development experience with GE Power, GE EFS, Vestas and, most recently, Aquila Capital having managed the development of over 6 GW of power generation capacity and will be instrumental in establishing the German operations which is one of the largest target markets. Hussain Shalchi has held various senior positions in the energy sector including acting as Managing Director and Global Counsel at GE EFS and, most recently, as Head of Strategic Joint Venture at Ørsted.

“I Squared Capital has invested over $6.5 billion in transition energy, including $4 billion in 12 renewable energy companies globally since 2014, and we are continuing that strategy with a world-class management team that brings deep experience, industry knowledge and on the ground presence to address an unmet market demand,” said Gautam Bhandari, Managing Partner at I Squared Capital. “Using our platform building strategy, we look to initially commit up to $500 million over the coming years to build Cube Green Energy into a leading renewables company that can help enable Europe’s transition to a zero-carbon economy.”

“Companies and governments must innovate to replace base load power with renewables to meet ambitious climate targets,” said Raghuveer Kurada, CEO, Cube Green Energy. “With a mandate to invest in more efficient and emerging technologies and sector expertise across the project cycle, Cube Green Energy and I Squared Capital are well placed to enable the Renewables 2.0 transition in Continental Europe and beyond.”

About I Squared Capital

I Squared Capital is an independent global infrastructure investment manager with over $30 billion in assets under management focusing on energy, utilities, digital infrastructure, transport and social infrastructure in North America, Europe, Latin America and Asia. The firm has offices in Miami, Hong Kong, London, New Delhi, and Singapore.


Contacts

Andreas Moon
Managing Director and Head of Investor Relations
I Squared Capital
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