The Energy Savings Performance Contract will intensify resilience against climate threats and reduce annual energy consumption
FRAMINGHAM, Mass. & PETALUMA, Calif.--(BUSINESS WIRE)--#batteryenergystorage--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has entered into a $43 million Energy Savings Performance Contract (ESPC) with the United States Coast Guard (USCG) at the service’s largest west coast training facility, Training Center (TRACEN) Petaluma. The project will be the USCG’s first Battery Energy Storage System (BESS) project and the Department of Homeland Security’s (DHS) largest solar renewable energy project integrated within the USCG’s first fully functional, renewable energy-powered microgrid.
TRACEN Petaluma faces a range of energy security and resiliency challenges endemic to the climate and regional power infrastructure in northern California. In light of the regularity and severity of weather events and utility interruptions affecting the site, USCG competitively selected Ameresco in February 2021 to fast-track development of a comprehensive ESPC to enhance the site’s electric infrastructure and resiliency posture. The microgrid will integrate existing distributed backup generators with a new 5 megawatt (MW) solar array and an 11.6MWh BESS to power the entire site in the event of a loss of utility (LoU). Planned improvements also feature the deployment of new power distribution transformers, Smart controls in 10 buildings across campus, LED lighting improvements for over 8,000 fixtures, installation of new electric vehicle (EV) charging infrastructure and heating, ventilation, and air conditioning (HVAC) equipment upgrades.
“This contract award enables continuity of operations in an environment of unpredictable climate hazards and will increase Training Center Petaluma’s relevance throughout the region, while sustaining our Coast Guard mission ready total workforce,” said Capt. Steven Ramassini, commanding officer for the training campus.
“Addressing the evolving needs of the Coast Guard means that we have to look beyond just using traditional direct appropriations. The use of energy performance contracts allows the Coast Guard to address critical infrastructure improvements in a timeframe that would be unachievable with customary methods and provides holistic solutions to complex issues. Leveraging partnerships and finding unique solutions is how the Coast Guard is able to accomplish mission critical improvements with our limited resources,” notes Rear Adm. Carola List, Assistant Commandant for Engineering and Logistics, and the Coast Guard’s chief engineer.
Once completed, Training Center Petaluma will realize a cost savings of more than $1.2 million in the first year alone. The project will also reduce the site’s annual electricity and propane consumption by 8.7M kWh and 50.8 kgal, respectively.
“We are so honored to lead the design and development of this historic project for the United States Coast Guard,” said Nicole Bulgarino, executive vice president, Ameresco. “The upgrades outlined integrate energy efficiency and clean onsite energy with advanced microgrid controls and significantly enhance the training facility’s energy resiliency. The finished project will set a strong precedent for future Federal renewable generation and battery storage projects.”
Construction on the project is set to begin in October 2021 and reach completion by Fall 2023.
To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.
About the United States Coast Guard
Since 1790, the Coast Guard has safeguarded the American people and promoted national security, border security, and economic prosperity in a complex and evolving maritime environment. The Coast Guard saves those in peril and protects the Nation from all maritime threats. As a branch of the U.S. Armed Forces, a law enforcement organization, a regulatory agency, a member of the U.S. Intelligence Community, and a first responder, the Coast Guard employs a unique mix of authorities, broad jurisdiction, flexible operational capabilities, and a network of partnerships. The Coast Guard is the principal Federal agency responsible for maritime safety, security, and environmental stewardship in U.S. ports and inland waterways, along more than 95,000 miles of U.S. coastline, throughout the 4.5 million square miles of U.S. Exclusive Economic Zone (EEZ), and on the high seas. For more information, visit https://www.uscg.mil/About/.
The announcement of a customer’s entry into a contract is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total backlog. This project was included in our previously reported awarded project backlog and assets in development as of June 30, 2021.
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HOUSTON--(BUSINESS WIRE)--Piñon Midstream, LLC (Piñon) today announced its greenfield sour gas treating and carbon capture facility (the Dark Horse Facility) and its associated pipelines, compressor stations, and acid gas sequestration infrastructure were placed into service with the initial capacity fully subscribed. The facility is operating near its initial treating capacity of approximately 85 million cubic feet per day (MMcf/d) of sour natural gas.
Located in Lea County, New Mexico, the Dark Horse Facility brings a state-of-the-art, purpose-built sour gas treating and carbon capture facility to the Delaware Basin. The facility was specifically built to capture and permanently sequester both carbon dioxide (CO2) and hydrogen sulfide (H2S) from operators’ natural gas volumes and redeliver their “sweet” gas to third-party midstream processors within the region.
Growth Plans Underway for the Dark Horse Facility
Piñon is near completion on the installation of a second amine treating plant (“Plant 2”), expected to be completed in October 2021. When operational, the second amine plant will increase treating capacity of the Dark Horse Facility to approximately 170 MMcf/d.
“We are excited to announce that our Dark Horse Facility is open for business,” said Piñon Midstream Co-Founder and President Steven Green. “The producers in our area have had a dire need for a long-term and environmentally friendly solution to the extreme acid gas concentrations that have previously challenged the region. By removing and sequestering these gases, the Dark Horse Facility makes it possible for operators to realize a single-source solution to CO2 and H2S contaminants that are prevalent throughout the basin.”
“We are also excited to announce that the capacity of Plant 1 is fully subscribed along with a portion of the capacity in Plant 2,” said Piñon Midstream Co-Founder and Chief Commercial Officer Justin Bennett.
The Dark Horse Facility and associated infrastructure includes a centralized amine treating plant (“Plant 1”) along with an 18,000-foot-deep acid gas sequestration well (“Independence AGI #1”), 40,000 horsepower of full NACE field and plant compression, and 30 miles of high-pressure gathering and redelivery pipelines. The facility is expandable to treat up to 400 MMcf/d of sour gas.
Piñon’s Independence AGI #1 is New Mexico’s deepest and largest acid gas injection well, with the capacity to permanently sequester up to 175,000 tons of CO2 and 75,000 tons of H2S annually. Sequestration capacity for the Dark Horse Facility will double when the Independence AGI #2 well is completed and placed into service. Independence AGI #2 is scheduled for completion in 2022.
New Senior Secured Credit Facility
In August 2021, Piñon closed on a new senior secured credit facility with BOK Financial. The proceeds will be used to fund expansion projects and for other general business purposes.
“Piñon is very excited to partner with BOK Financial to support our system buildout and growth objectives,” said David Cargill, Piñon’s Vice President of Finance. “This facility, combined with our equity commitment from Black Bay Energy Capital, provides ample liquidity to satisfy the growing demand for sour gas treatment and carbon capture solutions in the Delaware Basin.”
About Piñon Midstream, LLC
Piñon Midstream, LLC was formed in 2020 by midstream veterans Steven Green and Justin Bennett to provide a viable solution to the sour gas problem in the northeastern Delaware Basin. Formed with financial backing from Black Bay Energy Capital and supported by underwriting commitments from Ameredev II, Piñon delivers a full menu of sour gas services that include field gathering and compression, sour condensate stabilization and marketing, amine treating for removal of H2S and CO2, H2S and CO2 geologic sequestration, and high-pressure delivery of treated sweet gas to multiple area third-party processing plants. For more information, please visit www.pinonmidstream.com.
About Black Bay Energy Capital
Black Bay Energy Capital (“Black Bay”) is an energy private equity firm focused on the North American energy sector. Black Bay invests equity capital in businesses managed by talented entrepreneurs that provide a differentiated product or service to their clients to help reduce costs, improve operations, and achieve ESG initiatives. The firm’s investment strategy and success stem from the more than 75 years its investment professionals have been working day-to-day with great teams and building high-growth companies. For more information, please visit www.blackbayenergy.com.
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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") plans to announce its financial results for the third quarter 2021 prior to 8:00 A.M. Eastern Time on Wednesday, November 3, 2021. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com.
In addition, management will host a conference call on Wednesday, November 3, 2021 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference “NFE Third Quarter 2021 Earnings Call."
A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.
A replay of the conference call will be available after 11:00 A.M. Eastern Time on November 3, 2021 through 11:00 A.M. Eastern Time on November 10, 2021 at (855) 859-2056 (from within the U.S.) or (404) 537-3406 (from outside of the U.S.), Passcode: 7250426.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.
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ROCKVILLE, Md.--(BUSINESS WIRE)--#AmericanJobs--Goodwill Industries of the Valleys is harnessing clean energy from the sun to save on their electricity bill, allowing them to put those savings directly into the work they do, ensuring every individual can acquire the skills and support needed to earn a good job and advance into a sustainable career.
The new rooftop solar array is located on the Roanoke Jobs Campus building in Roanoke, Virginia. This is one of several solar projects that RER Energy Group has been honored to develop for organizations in the Goodwill movement, and the first of these acquired by Standard Solar Inc., a nationally recognized leader in the development, funding, ownership, and operation of commercial and community solar assets.
Goodwill Industries of the Valleys’ Chief Financial & Compliance Officer, Jackson Green, said, “This is our second solar array. Solar makes economic sense for Goodwill, and it aligns with our value of stewardship. The new array will save us money and be a long-term solution to rising energy costs. The money saved will provide for more opportunities for future investment in people, programs and new ventures which will strengthen our mission and the communities we serve. We are committed to reducing the carbon footprint of Goodwill.”
While many non-profits may want to reduce their carbon footprint, ensuring that an organization also gets real financial benefits from solar takes commitment from project funders like Standard Solar working closely with developers like RER Energy Group, whose mission is to leverage solar to strengthen communities.
“We applaud Goodwill Industries of the Valleys for joining other Goodwills that have already gone solar and demonstrating how solar supports the movement’s overall mission of sustainability,” said Jim Kurtz, President RER.
“Adding this project to our commercial & industrial (C&I) portfolio is a meaningful step in helping non-profits, including Goodwill Industries of the Valleys, benefit from the power of solar and controlled energy costs,” said Eric Partyka, Director of Business Development-National Accounts, Standard Solar. “Adopting solar technology allows Goodwill to reduce its carbon footprint and enhance its mission to ensure every individual can acquire the skills and supports needed to earn a good job and advance into a sustainable career.”
The 547.92 kW project is expected to generate 90% of the building’s onsite electricity needs. Each year the array will produce 742 megawatt-hours of electricity, an annual reduction in CO2 emissions equivalent to 581,205 pounds of coal burned and 63,964,861 smartphones charged.
Click here to view a video of the solar array at the Goodwill Roanoke Jobs Campus.
About Goodwill Industries of the Valleys
Goodwill Industries of the Valleys serves 35 counties and 14 cities throughout Central, Southwest, and Southside Virginia. Its mission is to eliminate poverty through empowering individuals, strengthening families, and building stronger communities. In 2020, Goodwill served 63,078 youth, adults, and seniors who needed assistance getting back to work and gaining greater independence, placed 2,598 people into jobs in our community, and helped individuals attain 6,321 industry recognized credentials that will allow them to be more competitive in their job search and to find higher paying employment. At the end of August, Goodwill had already assisted nearly 26,000 people in 2021. Visit www.goodwillvalleys.com for more information.
About RER Energy Group
Founded in September 2009, RER Energy Group is a national leader in renewable energy deployment. RER’s mission is to leverage solar to strengthen communities and works relentlessly to find innovative solutions that lead to more savings through solar. RER provides cost efficient and quality renewable energy systems to non-profit, commercial, industrial, and municipal organizations throughout the U.S. and Mexico. To date, RER has developed more than 60 Megawatts (MW) of solar arrays for over 120 clients. To help fund these solar systems, RER has assisted clients in securing more than $30 million in State and Federal grants. For more information, visit rerenergygroup.com.
About Standard Solar
Standard Solar is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 17 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 225 megawatts of solar across the United States. Standard Solar is based in Rockville, MD. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar.
PR Contact for Standard Solar:
Leah Wilkinson
Wilkinson + Associates
703-907-0010
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PR Contact for RER Energy Group:
Jennifer Cruz
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Managed SD-WAN and SASE Provides World Fuel Services with Secure Connectivity for Their Hybrid Workforce While Lowering Their Total Cost of Ownership
SAN MATEO, Calif.--(BUSINESS WIRE)--#Cloud--Aryaka®, the leader in fully managed SD-WAN and SASE, today announced World Fuel Services, a leading global energy company, has selected the company’s cloud-first platform for its latest network transformation initiative. The new initiative consists of providing World Fuel Services with secure connectivity for their global hybrid workforce while lowering their total cost of ownership (TCO).
World Fuel Services sells and distributes aviation, marine and land fuel products, as well as energy management solutions, to clients across a range of industries in over 200 countries worldwide. The Fortune 500 company is headquartered Miami, Florida with employees across the U.S., Latin America, Europe, and Asia.
When World Fuel Services embarked on a company-wide digital transformation initiative, transforming their core on-premises network was the critical first step and foundation to achieving their vision of a cloud-first architecture. The company’s MPLS network was unreliable, expensive, and time-consuming to maintain across their global sites. Their IT organization determined they needed a unified, cloud-based architecture to deliver the company’s critical SaaS applications, such as Microsoft Office365, Box, Slack, Zoom and more, without increasing costs or management complexity.
After determining that Aryaka’s fully managed Cloud-First SD-WAN solution plus last mile management services met all their requirements, World Fuel Services quickly rolled out the solution to 75+ global sites. Once deployed, global application performance and network redundancy improved, while the company decreased their network TCO by 25% — a real win-win for the organization.
Yet when the global pandemic appeared in 2020, World Fuel Services, like most organizations, was challenged to transition a fully on-site organization to a fully remote workforce. The company’s traditional VPN was slow and unreliable. After deploying Aryaka Private Access, a secure managed VPN-as-a-Service solution, latency for remote workers decreased and, anecdotally, remote users noted the positive experience of having fast, uninterrupted connectivity.
As a result of this shift, the company has embraced a hybrid work environment, viewing it as the future of work and Aryaka as an important tool to enabling this vision. By moving to Aryaka’s fully managed SD-WAN and SASE solution, World Fuel Services plans to be MPLS and datacenter free by the end of 2021. Lastly, the move to Aryaka’s managed service has proved to be a major benefit, saving both time and money for the IT organization.
“We wanted to consume our network in the same way we consume the cloud, which is an as-a-service model, but at the same time, we wanted to make sure the company we worked with was culturally aligned to who we are and who we want to be,” said Richard Delisser, vice president of global infrastructure at World Fuel Services. “Those are the two core reasons we chose Aryaka.”
“From a network performance standpoint, I view the benefits in two areas: one is redundancy. We could never have the level of redundancy with MPLS that we now have with Aryaka. The second is the amount of incidents. We’ve seen a 90% reduction in incidents since deploying Aryaka,” said Walter Aragon, senior network manager, at World Fuel Services.
“I would like to add, it’s not just Aryaka’s technology we’re thankful for, it’s their level of support. If we have a circuit that’s down, they support us end-to-end by reaching out to the ISP, managing the issue, and letting us know when it’s been solved. This helps us put the pressure aside and focus on other priorities,” Walter concluded.
“World Fuel Services is a company that is top of their game in delivering trusted energy solutions,” said Shashi Kiran, CMO at Aryaka. “We are pleased to have earned their trust as a strategic partner as they deliver best-in-class energy solutions to their customers globally.”
In January 2020, Aryaka and World Fuel Services won the 2020 SD-WAN Implementation Award from Internet Telephony in the category of successful SD-WAN deployment.
Aryaka will also be hosting an upcoming webinar with Walter Aragon of World Fuel Services and Mauricio Sanchez, Network Security Research Director at Dell’Oro, addressing SASE technology drivers and implementation successes. Register here: https://www.aryaka.com/events-webinars/sase-myths-and-implementation/.
Aryaka/World Fuel Services Case Study: https://www.aryaka.com/resources/case-study-world-fuel-services/
For more on Aryaka, please visit: https://www.aryaka.com/
Visit the Aryaka blog: https://www.aryaka.com/blog/
Follow Aryaka on Twitter: @AryakaNetworks
Visit Aryaka on LinkedIn: https://www.linkedin.com/company/aryaka-networks/
About Aryaka
Aryaka, the Cloud-First WAN and SASE company, and a Gartner “Voice of the Customer” leader, makes it easy for enterprises to consume network and network security solutions delivered as-a-service for a variety of modern deployments. Aryaka uniquely combines innovative SD-WAN and security technology with a global network and a managed service approach to offer the industry’s best customer and application experience. The company’s customers include hundreds of global enterprises including several in the Fortune 100.
US Aryaka Media Contact:
Liam Collopy, Executive Vice President
Harden Communications Partners
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HOUSTON--(BUSINESS WIRE)--#HooverCS--Hoover CS, a leading provider of sustainable packaging and fleet management solutions, announced today that Arash Hassanian, Senior Vice President, will assume the role of President effective immediately.
Hassanian has been with the company for more than fifteen years, serving in several different roles with increasing responsibilities. Most notably, Hassanian was instrumental in leading the company’s strategic transformation earlier this year towards the support of sustainability and environmental responsibility in industrial packaging.
“Arash has been a driving force in guiding the growth of our business over the past few years,” said Kevin Friar, CEO, Hoover CS. “His passion for sustainability, dedication to sales force productivity and effectiveness, and leadership for improving operational procedures across the business provide tremendous value to our team. His knowledge and experience will be pivotal to our future success.”
In his new role as President, Hassanian will lead Hoover CS’s global sales and operations teams and work to accelerate the company’s growth as it pushes forward with empowering environmental responsibility through sustainable packaging solutions.
About Hoover CS
Hoover CS is paving the way for customers across the chemical, refining and general industrial-end markets to move away from single-use containers. Through its large rental fleet of reusable liquid and dry IBCs and ISO tanks, combined with integrity management and fleet management services, Hoover CS’s sustainable packaging solutions facilitate circularity across the supply chain, yielding an optimized environmental footprint through reduced plastic, water conservation, and lower greenhouse gas emissions. For more information, please visit www.hooversolutions.com.
Lana Belmokadem,
Vice President of Marketing, Hoover CS
+1-281-870-8402 x 1075
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ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC), a leading provider of distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets in the public and private sectors, today announced that it has entered into a 5-year extension to an existing distribution agreement (the “Agreement”) valued at approximately $125 million with a global aircraft engine manufacturer (“OEM”).
Under the terms of the Agreement, VSE Aviation will remain the worldwide exclusive distributor of new fuel control systems and associated spare parts to the business and general aviation as well as rotorcraft markets for a leading global OEM. VSE expects to support more than 15,000 aircraft currently in operation worldwide with on-demand, flight-critical components on a 24/7 basis to support scheduled engine overhaul activity, line maintenance and AOG (aircraft on-ground) events. The agreement excludes Japan-based customers.
The Agreement and partnership, which was initially scheduled to terminate in 2024, has been extended through 2029. VSE currently expects total working capital investments under the extended Agreement to decline versus historical levels, with no impact to current customer support levels. Annual revenue contributions under the Agreement are anticipated to approximate the prior-year period.
“This contract extension further solidifies our successful, long-term relationship with a valued global OEM partner, one who values our technical expertise, services capabilities and depth of experience managing complex global distribution programs,” stated John Cuomo, President and CEO of VSE Corporation. “We are pleased by the opportunity to further support this OEM and look forward to leveraging our unique value proposition as a supplier of choice to our growing global base of BG&A customers.”
“At a strategic level, VSE Aviation continues to build a multi-year pipeline of higher-value contractual revenue with both new and existing partners,” stated Ben Thomas, VSE Aviation President. “The continuation of this important, decades long OEM relationship serves to strengthen our core business, while further positioning us to become the leading integrated supplier of flight-critical systems and MRO services to the global business and general aviation market.”
ABOUT VSE CORPORATION
VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets for government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE’s services and products, visit us at www.vsecorp.com.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause VSE’s actual results to vary materially from those indicated or anticipated by such statements. Many factors could cause actual results and performance to be materially different from any future results or performance, including, among others, the risk factors described in our reports filed or expected to be filed with the SEC. Any forward-looking statement or statement of belief speaks only as of the date of this press release. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
INVESTOR RELATIONS
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ALBERTA, Calgary--(BUSINESS WIRE)--#E2Eenergysolutions--E2E will be releasing the details of its new patent pending process Enhanced Geothermal Reservoir Recovery System or EGRRS at its virtual PTAC TIS presentation October 14 at 10:30am MST. The presentation can be viewed live by registering in advance on the PTAC website: PTAC TIS: E2E Energy Solutions Inc.
E2E Energy Solutions is a Calgary based alternative energy company providing new innovative solutions to help the world meet its goals of a net zero carbon economy.
Nick Daprocida, President and CEO
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New integration reaffirms ecobee’s commitment to an open ecosystem, making it one of the best smart thermostats for Apple users
TORONTO--(BUSINESS WIRE)--Today, ecobee announced that Siri is coming to the SmartThermostat with voice control with a free software update. Customers will be able to use Apple’s intelligent assistant to say “Hey Siri” to their ecobee SmartThermostat and get hands-free help setting the temperature, sending an intercom message, and more. The software update is beginning to roll out now and will be available over the next few weeks for all ecobee SmartThermostat customers.
By design, the SmartThermostat will send these requests through a customer’s HomePod mini on the same network, providing a level of privacy customers have come to expect from Apple. Users can also control the SmartThermostat using the Home app.
“We’re excited that customers will be able to talk to Siri directly from ecobee’s SmartThermostat with voice control, offering Apple customers a more seamless experience throughout the home. With every advancement to our products, we hope to make our customers’ lives better, with devices that bring even more comfort and convenience to each day. This new integration brings that promise to life by opening up new ways for our customers to control their home with our SmartThermostat,” said Stuart Lombard, ecobee Founder and CEO.
The addition of Siri demonstrates ecobee’s commitment to an open ecosystem, with all the leading smart home ecosystems compatible with the ecobee SmartThermostat. The sustainable smart home leader understands access to intelligent assistants such as Siri helps ecobee SmartOwners manage their busy lives with ease and is committed to evolving its privacy-focused voice experience.
ecobee’s SmartThermostat delivers comfort and increased energy savings that you can control with your voice or mobile device. It is also ENERGY STAR certified and can help customers save up to 26% annually on their heating or cooling costs, compared to a hold of 72°F/22°C.
Pricing, Availability and Compatibility
The ecobee ENERGY STAR-certified SmartThermostat with voice control ($249.99 USD) is available to purchase on ecobee.com, through select retail partners including Amazon, Lowes, Home Depot and Best Buy, or an ecobee certified installer. The device comes with one SmartSensor in the box with additional sensors available for purchase in packs of two. SmartThermostat learns and adapts to your schedule for enhanced comfort and reduced energy use. Across North America, there are millions of connected ecobee thermostats that have an average lifespan of over 10 years.
An Apple HomePod mini and an iPhone with iOS 15 or later are required to enable Siri on SmartThermostat. Customers can also connect to and control the SmartThermostat using the Home app. For more information, visit Apple Support.
Built-in voice control with Amazon’s Alexa is also available. ecobee SmartThermostats are compatible with most homes in North America. Check if your home is compatible at ecobee.com/compatibility.
About ecobee
ecobee Inc. was founded in 2007 by Stuart Lombard with a mission to improve everyday life while creating a more sustainable world. Since launching the world’s first smart thermostat, ecobee has helped customers across North America save more than 20 TWh of energy, which is the equivalent of taking all the homes in Los Angeles off the grid for a year. Today, ecobee continues to be an independently held company that innovates with smart home solutions that solve everyday problems with comfort, security, and conservation in mind. With ecobee’s award-winning products, including the SmartThermostat with voice control and SmartCamera with voice control, ecobee continues to encourage SmartOwners to imagine what home could be. For more information, visit ecobee.com.
Press:
Fatima Reyes, Senior Communications Manager, ecobee
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AUSTIN, Texas--(BUSINESS WIRE)--HUVR, Inc. (HUVR), announces the expansion of its expanding HUVR Partner Network (HPN), adding world-class inspection tool providers: DeFelsko, FLX Solutions and Planys Technologies. Every addition serves to deliver greater value to all concerned users.
The HPN is designed to provide a seamless, streamlined and simple user experience to customers, compiling data from any source for a single inspection, giving a complete view of asset health. By partnering with the best technology providers possible, HUVR enables customers to seamlessly integrate the best tools into their tank inspection workflows, without the need to waste valuable time with complex integrations.
The platform also incorporates securely-gathered information into comprehensive reporting and analytics from both internal teams and inspection service providers like:
Bob Baughman, CEO of HUVR, said, “Our goal with the HUVR Partner Network is to deliver the maximum value and most choice possible to our customers. By partnering with top companies, we expand the available options for our customers to integrate the best-in-class inspection tools into their tank inspection workflows.”
Each company brings their particular strength to HUVR’s robust platform. HUVR’s vendor-agnostic system makes it easier for customers to integrate these tools into their existing workflows:
About HUVR
HUVR was founded to help asset owners maximize ROI through comprehensive digital maintenance and inspection flows. Their vision started by providing simple tools that allow technicians to ingest their inspection data via easy and simple to use mobile tools, letting them do their jobs rather than struggling with annoying paperwork.
HUVR provides a sophisticated but simple to use system that allows clients to manage petabytes of asset data without the need for manuals or extensive training. Their clients are most pleased by the dashboard and analytics tools that give them a visualization of the health of their assets in ways they never had with simplicity. For more information visit https://www.huvrdata.com/
Jenn Starr
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RENFREW, Scotland--(BUSINESS WIRE)--Howden, a leading global provider of mission critical air and gas handling products, technologies and services, has entered into an agreement with EnPro Industries (NYSE: NPO) to acquire Compressor Products International (“CPI”), a leading provider of aftermarket components and services to the global reciprocating compressor market. This will be Howden’s sixth acquisition in 2021 and is expected to close following customary regulatory clearances and approvals.
CPI, headquartered in Houston, Texas, USA, has a diverse, global blue-chip customer base with sales primarily in North America, Europe and Asia. It is a manufacturer of precision-engineered, custom aftermarket products and its broad product offering is critical to the longevity, efficiency and safety of reciprocating compressors.
The acquisition of CPI is well aligned with Howden’s strategy of expanding its global aftermarket presence in the compressor market. By leveraging CPI’s strategically located service centres, Howden will expand its aftermarket services and coverage across North America and Europe. CPI’s valves and aftermarket products are complementary and strategically important additions to Howden’s existing aftermarket compressor technology portfolio. As a result of this acquisition, Howden’s addressable markets will increase by $1 billion.
As part of Howden, CPI will be able to access growth opportunities through additional technology support from Howden and by leveraging Howden’s existing global distribution and services network in China, Asia Pacific and South Africa. With CPI’s predominantly aftermarket revenues, this acquisition will be accretive to both Howden’s aftermarket mix and overall margins.
This acquisition also reinforces Howden’s role in supporting the ongoing energy transition towards renewable sources of energy. Reciprocating compression technology is critical to the energy transition, with applications in hydrogen production and infrastructure as well biofuel production. Howden will leverage CPI’s reciprocating compressor technology to support customers through the energy transition in these critical applications.
Ross Shuster, CEO of Howden, commented: “CPI’s technology, expertise and aftermarket presence, is an excellent fit within Howden, and will allow us to best serve customers looking to improve the performance and extend the life of their vital compressor assets across a wide range of industries.
The synergies for both organisations and the positive impact for the combined customer base is significant. We look forward to welcoming the CPI team into Howden upon closing of the transaction.”
Devan LaBrash / Holly Kidd
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+44 (0) 7741 614756 / +44 (0) 7590 405915
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Holdings, LLC (NYSE: MIC) (the “Company”) announced an adjustment to the conversion ratio applicable to its 2.00% Convertible Senior Notes due 2023. The conversion ratio for the Notes increased to 162.9223 units per $1,000 of principal amount. The increase is effective October 8, 2021. The adjustment reflects the impact of the distribution to unitholders by the Company on October 7, 2021, related to the sale of its Atlantic Aviation business.
This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell any Notes. The Notes are the subject of a repurchase offer being made only pursuant to the Fundamental Change Company Notice and Offer to Repurchase for Cash dated September 23, 2021, and the related materials that the Company has distributed to Note holders and filed with the Securities and Exchange Commission, including the amendment thereto filed today.
Note holders are encouraged to carefully read these documents before deciding whether to exercise their option to require the Company to purchase their Notes, as these documents contain important information regarding the details of the Company’s obligation to purchase the Notes. Holders of the Notes may obtain a free copy of these documents at the Securities and Exchange Commission’s website, www.sec.gov or from the trustee, paying agent and conversion agent for the Offer to Repurchase, Wells Fargo Bank, National Association, by calling toll free at (800) 344-5128 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..
About MIC
MIC’s businesses consist of entities comprising energy services, production, and distribution in Hawaii. For additional information, please visit the MIC website at www.macquarie.com/mic.
MIC is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of MIC do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of MIC.
Investors
Jay A. Davis
Investor Relations
MIC
+1 212-231-1825
Media
Lee Lubarsky
Corporate Communications
MIC
+1 212-231-2638
An Alberta Energy Services Company, AiM has net-zero greenhouse gas emissions through its business operations.
CALGARY, Alberta--(BUSINESS WIRE)--AiM, an Alberta Energy Services company, today announced that they have achieved net-zero greenhouse gas emissions throughout its business operations.
AiM has spent ten months conducting extensive analysis and working with experts to produce a net-zero plan for its Canadian based operations. AiM became a net-zero GHG emitter positioning them as the only company in Canada, within their service sector, to achieve this status.
“The desire to combat climate change is not going away, in fact it’s even more prevalent today than ever before. A key to tackling climate change is reducing the amount of GHG being put into the air, we are aware of this and wanted to combat this problem,” said AiM‘s founder and Vice President Lane Boisjoli.
Mike Bailey, President of AiM, added: “We’re still at the very beginning of the transition of creating a better, cleaner planet and we plan to work closely with our clients to put similar practices into production in order to lead them towards becoming net-zero.”
As an active leader in their industry, AiM is offering a free consultation of services to other energy companies to assist in achieving net-zero status. This will actively encourage other energy services companies to follow suit and in turn positively impact our global environment contributing to positive climate change.
ABOUT AiM LAND
AiM is a full-service land, environment, indigenous and sustainability consulting firm with innovative and expert solutions within their service sector. Offering expertise for a broad spectrum of major energy projects across Canada and the United States, AiM utilizes leading edge technology to reduce costs, improve communications, and ultimately deliver the projects with maximum efficiently. Their strong and dynamic team brings extensive knowledge experiences to each project. Learn more about AiM at https://aimlandservices.com and Our Net Zero Initiative.
Contact me to get the full story or to set up an interview. I am happy to explain why we, as a Canadian Energy Service Company, chose to be a Leader in reducing the effects of climate change by going net-zero.
Lane Boisjoli
Vice President
D: 403.648.5401 M: 403.660.4057
O: 403-452-3713 F: 403-452-3769
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
aimlandservices.com
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Ambitious science-based targets set with 3-step approach to immediately reduce carbon footprint, company to leverage carbon offsets, overhaul processes, and align with leading climate experts
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the world’s leading platform for creating and operating real-time 3D (RT3D) content, today announced that it is achieving net zero carbon emissions now, starting with 2020 emissions, and every year thereafter. Employing a three-step approach, the company will immediately leverage carbon offsets to offset its 2020 emissions, redesign internal processes to lower emissions, and align with groups who are demanding better from the world in order to fight climate change, including signing on to the Science Based Targets initiative’s (SBTi) Business Ambition for 1.5°C.
According to the United Nations General Assembly, humans have fewer than 10 years left to prevent irreversible damage from climate change. The Intergovernmental Panel on Climate Change (IPCC) recently released the first part of the Sixth Assessment Report, Climate Change 2021: The Physical Science Basis, which reported that climate change is here and will continue to worsen until humanity reduces its greenhouse gas pollution to zero.
“The science is clear and the time is now,” said Jessica Lindl, Vice President, Social Impact at Unity. “We know that this is just the beginning of a long, continuous effort to acknowledge and act upon the responsibility that we have as global citizens who share this planet. We recognize that Unity plays a critical role in a sustainable future - not just through our own commitment, but with the unique ability to support our customers using Unity’s technology to help decarbonize their businesses.”
In 2021, Unity conducted its 2020 greenhouse gas (GHG) emissions baseline inventory, made up of direct emissions, indirect emissions from purchased electricity, and indirect emissions from business travel, purchased goods and services, events, and more. This first annual data collection resulted in a reported 38,400 metric tonnes of carbon, which is the equivalent of 8,400 passenger vehicles being driven for one year.
Unity is approaching net zero emissions in three steps:
In addition to the efforts being announced today, Unity sees the transformational potential of real-time 3D to drive real-world carbon reductions at scale. For example, Zutari, a South African engineering consultancy, is using Unity to create innovative engineering solutions that deliver real impact and enable environments, communities, and economies across Africa to thrive; Ahi Kā Rangers is an ecological mobile game, using Unity to transform a generation who have lost their connection to the world around them into stewards of the planet; and Sitowise is using Unity to create virtual twins, ultimately making cities more sustainable, safe, and healthy living environments for people and businesses.
In the past year, Unity has provided support to creators who are building content to make the physical world a healthier, more sustainable place. In collaboration with the United Nations Environment Programme and Project Drawdown, Unity created the Unity for Humanity Environment and Sustainability Grant, focused on empowering creators who are using Unity’s real-time 3D technology to increase awareness and educate the world on the most critical sustainability issues. The winners of this grant were announced at today’s Unity for Humanity Summit and include:
Additionally, Unity is a member of the Playing for the Planet Alliance, a group of the largest companies in video games who are harnessing their collective power to take action on climate change. Unity was also a key partner to the United Nations for the 2021 Green Game Jam, which brought together 27 studios and platforms with a collective player base of more than 1 billion gamers, to create compelling content and actionable goals for game players around the world to have an impact on climate change.
Lastly, Unity has partnered with and funded universities and non-profit organizations whose work and research will drive real world change, including Western University, Project Drawdown, and Conservation International.
To learn more about today’s commitment and Unity Social Impact’s sustainability initiatives, please visit: https://unity.com/social-impact.
About Unity
Unity (NYSE: U) is the world’s leading platform for creating and operating real-time 3D (RT3D) content. Creators, ranging from game developers to artists, architects, automotive designers, filmmakers, and others, use Unity to make their imaginations come to life. Unity’s platform provides a comprehensive set of software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company’s 1,800+ person research and development team keeps Unity at the forefront of development by working alongside partners to ensure optimized support for the latest releases and platforms. Apps developed by Unity creators have been downloaded more than five billion times per month in 2020. For more information, please visit www.unity.com.
Alivia Rasmussen
Unity Communications
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+1 (650) 218-1185
PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) awarded the Company a four-year, $19.5 million, single-award contract to implement the Water and Energy for Food (WE4F) Southern and Central Africa Regional Innovation Hub in collaboration with Open Capital Advisors and the International Water Management Institute. WE4F focuses on scaling water-energy-food nexus innovations to enhance sustainable food production; increase income for marginalized populations; and promote biodiversity, climate, and environmental resilience.
Tetra Tech energy specialists will support the development and management of the Regional Innovation Hub to identify water-energy-food nexus companies throughout the region. Tetra Tech will support these companies to grow their operations through customized technical assistance that will increase food production through sustainable water and energy usage.
“Tetra Tech has supported USAID’s energy reform programs—including utility modernization and deployment of advanced off-grid power solutions—in Sub-Saharan Africa for more than 30 years,” said Dan Batrack, Tetra Tech Chairman and CEO. “We look forward to continuing to use our Leading with Science® approach to create sustainable water and clean energy solutions that build climate resilience and economic prosperity.”
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.
Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.
Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
(626) 470-2844
BOSSIER CITY, La.--(BUSINESS WIRE)--#energy--Performance Proppants, LLC (“The Company”) today announced that it has reached an agreement to purchase a 1,200 acre deposit (“Merryville”) in Merryville, Louisiana that contains up to 20 million tons of additional frac sand. The Company expects the facility to be fully operational by January 2022.
Performance Proppants is also in the final permitting stages of their Sunny Point facility, which is a joint partnership between the Caddo-Bossier Port and Performance Proppants. The plant is on a large privately owned 700 acre oxbow lake off the Red River that contains 45 million tons of frac sand reserves. The Company expects the Sunny Point plant to commence operations in the second quarter of 2022. Combined, the Merryville and Sunny Point plants will add an additional 3.5 million tons of frac sand capacity to the Haynesville Shale basin.
Performance Proppants' President, Bill Bowdon, said, “The Merryville deposit is strategically located to serve our southeast Texas customers in the San Augustine area. Nearly 100% of the annual 1.5 million ton capacity is currently contracted. Additionally, we are excited to begin the next phases of the Sunny Point project, which can serve nearly every operator in the basin. The Haynesville Shale continues to prove its resilience and stability when compared to other basins.”
Bowdon added, “We have been successful in securing new 24 – 36 month market share contracts with three of the more active operators in the Haynesville Shale. As always, our company is committed to providing our customers with low-cost solutions to their frac sand needs, and as demand for sand increases through the next several months, we are committed to building capacity to meet that demand.”
About Performance Proppants
Performance Proppants, LLC is a privately owned sand mining company that was formed in 2016 and is headquartered in Bossier City, LA. For additional information, please visit www.perfproppants.com.
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Monitoring and Service Solutions to Drive Recurring Revenue
TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol" or the "Company"), a leader in smart building technologies, is providing its customers with new building automation controls and monitoring solutions for water conservation, including building-level and in-suite technology.
“The core of our growth strategy is to capture additional market share in each building in our operating footprint, while scaling across our customer portfolios,” said Paul Ghezzi, CEO of Kontrol. “Our customers seek a unified platform to better manage their buildings and critical energy infrastructure, including the increasingly important water monitoring vertical. The more technology Kontrol deploys to provide real-time data and controls for important infrastructure and utilities, the greater our ability to deliver value to our customers, and ultimately to our shareholders.”
A New Regulated Market
Kontrol is entering the water reporting, monitoring and conservation market due to increasing regulations and the importance of reducing water waste. It is typical that most large buildings report their annual water usage and water conservation plans. Importantly, areas that are impacted by drought measures can also include regulated conservation.
Integration with Global HVAC and Automation
Through integration with its latest acquisition of Global HVAC and Automation (“Global”), Kontrol will offer its customers smart meters and sensors on its unified SmartSite platform. Smart water meters are an important tool to help end users optimize water resource, monitor for leaks, and provide real-time service, however they often lack an easy to use and unified platform.
“This new opportunity is an example of our continued integration with Global’s operations,” continued Ghezzi. “Prior to the acquisition, Global was outsourcing all building technology to third parties. We are now working diligently to bring those opportunities in-house and add to what is being offered to customers on a recurring basis.”
Recurring Revenues
As the Company deploys its technology to aggregate data, monitor and provide smart learning opportunities to optimize buildings in real-time, it seeks to create recurring revenues through both software and service. Customers can benefit from remote shutoff capability, data visualization, leak monitoring and overall consumption measured against conservation measures.
New Construction and Building Retrofit
With the completion of the Global acquisition, the Company can now offer solutions both in the new construction and retrofit market.
About Kontrol Technologies Corp.
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
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180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: (905) 766.0400
Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
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Tel: +1 (949) 546-6326
PASO ROBLES, Calif.--(BUSINESS WIRE)--Pearce Services, a nationwide leader in operations, maintenance, and engineering for mission-critical telecom and renewable energy infrastructure, announced its new Pearce Renewables division today. Over the last 15 months, Pearce has combined highly experienced talent recruited from the renewable energy industry and acquired the industry-leading independent service providers – MaxGen Energy Services (“MaxGen”), World Wind & Solar (“WWS”), A & A Wind Pros (“A & A”), Mortenson Energy Services (“MES”), and Mountain Renewables – together forming a best-in-class team. Pearce Renewables is now the nation’s leading independent service provider for commercial and utility-scale wind, solar, EV charging, and energy storage assets.
“The Pearce Renewables brand signifies our ability to provide customers with a unified, comprehensive service experience at all phases of their project or asset lifecycle. Our suite of renewable energy solutions includes commissioning, operations and maintenance, engineering, spare parts and logistics, and training. More recently, and with the aid of these strategic acquisitions, we have enhanced our re-power, emergency response, and catastrophic repair or rebuild solutions,” said Daryl Ragsdale, Vice President of Business Development at Pearce Renewables. “We continue to deliver service excellence with our team of experienced professionals and Pearce’s technology-enabled platform, and pride ourselves on offering safe, innovative, efficient, and customized solutions to ensure sites are performing optimally for our clients.”
Over the past year, Pearce has continued to experience rapid growth while dramatically expanding its service capabilities. With over 1,700 employees throughout the nation servicing approximately 50,000 unique locations, Pearce is one of the largest independent service providers (ISP) in the renewable energy industry, serving a wide range of OEMs, asset owners, and operators. Pearce’s broad service capabilities and geographic footprint throughout the United States provides an excellent home for field technicians and service professionals to grow and advance their careers.
“We are thrilled to launch the Pearce Renewables brand. Our diverse team of energy industry veterans and full suite of technical capabilities, combined with the resource base and technology platform of Pearce Services, makes us the service partner of choice for the industry. Customers finally have a strategic service partner for the full lifecycle of their assets,” said Mark McLanahan of Pearce Renewables.
The Pearce Renewables brand will be fully implemented by January 2022. While the name may be changing, the safety, quality service, and professionalism of Pearce’s world-class team will remain the same. Pearce will continue to help provide a cleaner future by delivering service excellence anytime and anywhere for our nation’s renewable energy infrastructure.
About Pearce Services
Pearce Services, founded in 1998, is a leading national provider of operations, maintenance, and engineering services for mission-critical infrastructure. Pearce offers innovative, technology-enabled services for telecom, wind, solar, electric vehicle (EV), and energy storage system infrastructure customers safely around-the-clock. With nationwide coverage, we can deploy our highly trained technicians quickly and efficiently to provide unmatched response times, safety, quality, and consistent service for distributed, mission-critical assets. Pearce’s engineering and support teams use sophisticated software, analytics, and detailed safety plans to support our technical experts in the field. Constant innovation and close collaboration with our customers are a hallmark of our service. To learn more about Pearce Services and Pearce Renewables, visit www.pearce-services.com or www.pearce-renewables.com.
Dana Gorman / Matthew Butler
Abernathy MacGregor
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212-371-5999 / 212-371-5999
FARGO, N.D.--(BUSINESS WIRE)--Bushel, an independently owned software technology company focused on developing solutions for the grain supply chain, today announced its acquisition of GrainBridge, LLC, a joint venture owned by ADM and Cargill Incorporated.
GrainBridge employees will join the Bushel team and remain based in Omaha, Neb. Their data expertise will help to further strengthen the end-to-end capabilities of the Bushel platform and enable Bushel’s customers to better serve their farm customers. ADM and Cargill will be working with their customers to transition to the Bushel platform providing a more expansive offering.
“Innovation is one of the pillars of ADM’s strategy, and we’re committed to continually improving and expanding digital technology to help support the producers who grow our food,” said Doug Roose, Vice President Producer Marketing, ADM. “In 2019 we were proud to announce GrainBridge, a joint effort with Cargill to bring together new and useful tools for farmers in a single, easy-to-use digital platform. Now, we’re excited to take the next step: Bringing GrainBridge and Bushel together will give farmers a path to new features and functionality, including existing staples like the ability to see local cash bids and account information. This is a win for producers, and it’s a win for our industry, as we continue to innovate and improve to strengthen the entire food and ag value chain.”
ADM joins Cargill and more than 200 other local country cooperatives, processors, feed mills, ethanol plants, and other biofuel companies who are collaborating in building the industry’s largest digital infrastructure network.
The acquisition complements Bushel’s strategic focus to enable, not disrupt, the agriculture industry and lead it into the digital age with strategies that solve real pain points and provide value for all stakeholders in the ag and food value chain. By providing permission-based data sharing and visualization, there will be improved data-based decision-making. These connections can support all points of the supply chain from grower to grain origination to consumer packaged goods (CPG companies).
Specific examples include:
“ADM and Cargill came together with GrainBridge to better understand the digital grain marketing landscape. This next step of bringing GrainBridge together with Bushel will provide better outcomes for farmers by improving their grain marketing and selling practices,” said Jeff Klock, Global Digital Strategy Leader, Cargill. “We look forward to continuing to engage with Bushel to continue our journey to understand and serve the market not just for today, but for the future.”’
Because both Bushel and GrainBridge collaborate with a number of different partners throughout the grain supply chain, this acquisition will continue to maintain the standard of permission-based control within the sharing of data. Both growers and grain buying facilities will maintain control over when and how their data will be shared throughout the supply chain. The partners who the grower and the grain facility choose to do business with are integrated directly into the software so the information is readily accessible and does not require manual data entry.
“The collaboration of the grain industry behind Bushel will lead to faster standardization, which leads to faster innovation. As an industry, it is more efficient to be working together and collaborating on resources to improve the North American grain trade,” said CEO Jake Joraanstad. “Adding the GrainBridge team members to Bushel gives us stronger data science capabilities to provide even better insights from our expanded network.”
Learn more:
To learn more, visit bushelpowered.com and grainbridge.com
About Bushel
Bushel is an independently owned software company and leading provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies, headquartered in Fargo, N.D. Since launching in 2017, Bushel’s platform has grown rapidly, now powering nearly 2,000 grain facilities across the U.S. and Canada with real-time business information for their producers. Bushel’s platform now reaches 40% of grain origination in the United States, resulting in inarguably the largest technology network effect among growers and grain buyers in the U.S. today. Bushel’s product suite includes its flagship mobile app, websites, trading tools, market feeds, API services, FarmLogs and a custom software division focused on agriculture. Bushel has been focused on building software since the company was founded in 2011. Data privacy is a cornerstone of Bushel’s philosophy. Read here Bushel’s Data Ethos.
Bushel contact:
Julia Eberhart
Public Relations & Communications Manager
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(605) 690-1418
For sales and partnership inquiries:
Jeremy Johnson
Senior Partner
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(701) 371-1524
PORTSMOUTH, United Kingdom--(BUSINESS WIRE)--#ESCA--In May 2021, The International Cable Protection Committee (ICPC) launched a campaign to hire a UK-based Project Manager, and after a thorough review process of qualified candidates, the ICPC has selected Mr John Wrottesley to fill this new role and they are pleased to announce his contract with the organisation commenced on 14th September 2021. Mr Wrottesley joins the team from Red Penguin (an Associate Member company of the ICPC).
As Project Manager, Mr Wrottesley will coordinate and oversee the organisation’s sponsored projects and additional research initiatives as well as ICPC Recommendations (which are document guides to aid the submarine cable industry in promoting the highest goals of reliability and safety in the submarine cable environment). The new Project Manager will work under the oversight of the ICPC General Manager, Mr Ryan Wopschall, and will collaborate closely with the Secretariat, the Executive Committee, International Cable Law Adviser, Marine Environmental Adviser, and UN Observer Representative.
Mr Wrottesley has been working in the submarine cable industry for 13 years, primarily in permitting for cables relating to the telecommunications, energy (offshore wind and interconnectors) and oil and gas industries around the globe. He has been involved in submarine cable industry bodies for many years and was the Chairman of the Technical and Regulatory Subgroup within European Subsea Cables Association (ESCA). Presently, he is the Liaison Officer for ESCA in addition to his work for the ICPC.
When asked about his new appointment, Mr Wrottesley stated, ‘Having already being very familiar with the ICPC over the years, I am honoured to now be involved in the significant day-to-day activities of the ICPC and grateful to operate more closely on their achievements for the worldwide submarine cable community. I look forward to working with the ICPC General Manager, Secretariat, EC and Advisers, and contributing to the continued great work undertaken by the ICPC.’
About the ICPC. The ICPC is the world’s premier submarine cable protection organisation. It was formed in 1958 to promote the protection of submarine cables against human-made and natural hazards. It provides a forum for the exchange of technical, legal, and environmental information about submarine cables and engages with stakeholders and governments globally to promote submarine cable protection. The ICPC has over 170 Members from over 60 nations, including cable operators, owners, manufacturers, industry service providers, as well as governments. For further information about the ICPC, see www.iscpc.org and www.linkedin.com/company/icpc-ltd/.
ICPC:
Ryan Wopschall, ICPC General Manager
+1 541 306 1549
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