HOUSTON--(BUSINESS WIRE)--Gulf Coast Ultra Deep Royalty Trust (OTC Pink: GULTU) (the Trust) announced today that it will distribute to unitholders a cash distribution totaling $47,999 for the quarter ended June 30, 2021.

Unitholders of record on July 30, 2021 will receive a cash distribution of $0.000209 per unit payable on August 13, 2021.

Natural gas (Mcf) sales volumes, average sales price and net cash proceeds available for distribution for the quarter ended June 30, 2021 are set forth in the table below:

^(a) Attributable to the onshore Highlander subject interest which is the only subject interest with commercial production.

About Gulf Coast Ultra Deep Royalty Trust. The Trust is a Delaware statutory trust created to hold a 5% gross overriding royalty interest in future production from specified Inboard Lower Tertiary/Cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana that existed as of December 5, 2012, which are collectively referred to as subject interests. The subject interests and the Trust’s overriding royalty interests are described in the Trust’s filings with the Securities and Exchange Commission (SEC). As described in the Trust’s SEC filings, future distributions are not guaranteed and will depend on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, post-production costs and specified taxes, and the amount and timing of the Trust’s administrative expenses, among other factors. For additional information on the Trust, please visit http://gultu.q4web.com/.

Cautionary Statement Regarding Forward-Looking Information. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are all statements other than statements of historical facts, such as any statements regarding the amount and date of quarterly distributions to unitholders. Forward-looking statements are not guarantees or assurances of future performance and actual results may differ materially from those anticipated, projected or assumed in the forward-looking statements. Important factors that may cause actual results to differ materially from those anticipated by the forward-looking statements include, but are not limited to, the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to a record date for a quarterly cash distribution. Any differences in actual cash receipts by the Trust could affect the amount of quarterly cash distributions. Other important factors that may cause actual results to differ materially include risks inherent in production of oil and gas properties, the ability of commodity purchasers to make payment, the economic effects of the COVID-19 pandemic and federal, state and local governmental actions in response to the pandemic, 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 SEC. The Trust's annual, quarterly and other filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov. Statements made in this press release are qualified by the cautionary statements made in this press release. The Trust cautions investors that it does not intend, and assumes no obligation, to update any of the statements included in this press release.

The Bank of New York Mellon Trust Company, N.A. serves as trustee of the Trust. If you have any questions related to the Trust, please see below for contact information:

Gulf Coast Ultra Deep Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell
(512) 236-6555

$310 million acquisition includes two small-scale, domestic LNG production and fueling facilities, a 50% interest in a landfill RNG facility, and three additional RNG facilities with signed commercial arrangements

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced it has agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity. Kinetrex is the leading supplier of liquefied natural gas (LNG) in the Midwest and a rapidly growing player in producing and supplying renewable natural gas (RNG) under long-term contracts to transportation service providers.

Kinetrex has a 50% interest in the largest RNG facility in Indiana as well as signed commercial agreements to begin construction on three additional landfill-based RNG facilities. Once operational next year, total annual RNG production from the four sites is estimated to be over four billion cubic feet. RNG is derived from abundant renewable sources, including organic waste in landfills, wastewater treatment plants and agricultural operations. By capturing methane produced from the decomposition of organic waste, the RNG production process reduces or eliminates greenhouse gas emissions. Kinetrex’s unique full-service platform provides outstanding value for its customers and host landfills. The transaction requires regulatory approval under Hart-Scott-Rodino and is expected to close in the third quarter of 2021.

“This is a great day in the young history of Kinder Morgan Energy Transition Ventures (ETV),” said ETV President Jesse Arenivas. “We have been focused on RNG due to its potential to grow rapidly in the near term and deliver attractive returns, with landfills providing a low cost, predictable and long-term feedstock. The team at Kinetrex has developed an outstanding business model and platform for future growth in a fragmented market, and we are excited to welcome them to Kinder Morgan.”

“As we looked for the best partner to help grow our presence in renewable natural gas, Kinder Morgan’s Energy Transition Ventures emerged as the clear choice,” said Kinetrex President and Chief Executive Officer Aaron Johnson. “KMI’s project management expertise, extensive pipeline network and broad customer relationships will undoubtedly help us realize the vision we had in founding Kinetrex eight years ago: to provide holistic solutions for customers seeking to meet emission reduction targets.”

Key members of Kinetrex’s management team will be joining KMI as part of the acquisition to pursue new projects that expand their successful RNG platform. After close, Johnson will continue with KMI as president of Renewable Natural Gas and will report to Arenivas. Since its inception in 2013, Kinetrex has been committed to developing solutions that lower the cost of business while maintaining a focus on environmental stewardship. This acquisition will stay true to that focus.

KMI expects the investment to be accretive to its shareholders as the three RNG facilities become operational over the next 18 months, with the purchase price and additional development capital expenditures representing less than six times expected 2023 EBITDA.

J.P. Morgan Securities LLC acted as exclusive financial advisor to Kinetrex Energy in connection with the transaction.

About Kinder Morgan, Inc.

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient and environmentally responsible manner for the benefit of people, communities and businesses we serve. We own an interest in or operate approximately 83,000 miles of pipelines, 144 terminals and 700 billion cubic feet of working natural gas storage capacity. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO₂ and other products, and our terminals store and handle various commodities including gasoline, diesel, jet fuel, chemicals, ethanol, metals and petroleum coke. For more information, please visit www.kindermorgan.com.

About Kinetrex Energy

Kinetrex Energy is a turn-key provider of environmentally friendly renewable natural gas (RNG) and liquid natural gas (LNG) solutions to customers in the transportation, industrial, agricultural, utility and power industries. For more information, please visit http://www.kinetrexenergy.com/.

About Parallel49 Equity

Based in Lake Forest, Illinois, Parallel49 Equity invests in profitable, well-managed lower middle-market companies in North America. Parallel49 Equity investment efforts are focused on the industry sectors of specialty manufacturing and business services. For more information, please visit www.p49equity.com.

Important Information Relating to Forward-Looking Statements

This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934. Generally the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements in this news release include express or implied statements concerning the proposed transaction, including the parties’ ability to satisfy customary conditions to closing (such as with respect to required regulatory approvals); the prospects for RNG; and the anticipated timing and benefits of the transaction and Kinetrex’s planned development projects to KMI’s business and stockholders. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although KMI believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance as to when or if any such forward-looking statements will materialize or their ultimate impact on KMI’s operations or financial condition. Important factors that could cause actual results to differ materially from those expressed in or implied by these forward-looking statements include changes in the supply of and demand for renewable natural gas; the timing, cost, and success of expansion projects; commodity prices, particularly the prices for Renewable Identification Numbers under the U.S. Environmental Protection Agency’s Renewable Fuel Standard Program; counterparty financial risk; the timing and success of business development efforts; and the other risks and uncertainties described in KMI’s reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year-ended December 31, 2020 (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on KMI’s website at ir.kindermorgan.com. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, KMI undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements.

Melissa Ruiz, Kinder Morgan Media Relations
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Kinder Morgan Investor Relations
(800) 348-7320
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Sarah Holsapple
Kinetrex Energy
(317) 363-6800
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HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced the net profits interest calculation for July 2021. The net profits interest calculation represents reported oil production for the month of April 2021 and reported natural gas production during March 2021. The calculation includes accrued costs incurred in May 2021.

This month, excluding prior net profits interest shortfalls, income from the distributable net profits interest would have been approximately $0.7 million. As a result of the prior administrative advances to the Trust of $0.7 million, however, no distribution will be paid to the Trust’s unitholders of record on July 30, 2021 in August 2021. Distributions to the Trust will resume once the administrative advances, which now total approximately $0.1 million, have been repaid to COERT Holdings 1 LLC (the “Sponsor”).

The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations.

Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled $2.7 million for the current month on realized wellhead prices of $59.37/Bbl, up $0.5 million from the prior month distribution period.

Recorded natural gas cash receipts from the Underlying Properties remained consistent with the prior month at $0.7 million.

Total accrued operating expenses for the period were $2.1 million, a $0.1 million increase month-over-month from the prior period. Capital expenditures increased $0.1 million from the prior period to $0.3 million.

The remaining administrative advances for the prior months will be repaid with any net profits in next month’s net profits interest calculation. At this time based on current commodity prices, the Sponsor anticipates that the Underlying Properties will continue to generate positive net profits to enable the Trust to repay the cumulative administrative advances before returning to monthly distributions again.

About Permianville Royalty Trust

Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission (the “SEC”), the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.permianvilleroyaltytrust.com.

Forward-Looking Statements and Cautionary Statements

This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, expected expenses, including capital expenditures, and expectations regarding the ability of the Underlying Properties to continue to generate positive net profits before returning to monthly distributions. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from the Sponsor with respect to the relevant period. The amount of such cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by the volatility in commodity prices, which have experienced significant fluctuation since the beginning of 2020 in response to the economic effects of the COVID-19 pandemic and the actions taken by Russia and the members of the Organization of Petroleum Exporting Countries regarding production levels. Low oil and natural gas prices will reduce profits to which the Trust is entitled, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders. Other important factors that could cause actual results to differ materially include expenses of the Trust, reserves for anticipated future expenses and the effect, impact, potential duration or other implications of the COVID-19 pandemic. In addition, future monthly capital expenditures may exceed the average levels experienced in 2020 and prior periods. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 23, 2021. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.

Permianville Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell 1 (512) 236-6555

Integrating SolarAPP+ with Tyler’s EnerGov™ solution will reduce inspection and approval times for solar panel permits

PLANO, Texas--(BUSINESS WIRE)--$TYL #EnerGov--Tyler Technologies, Inc. (NYSE: TYL) announced today it has entered into an agreement with the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) to integrate Tyler’s EnerGov™ Community Development software with the newly developed SolarAPP+. SolarAPP+, developed by NREL, is designed to streamline the review and inspection process for the installation of rooftop solar panels. Integrating this app into EnerGov will help accelerate and support the availability and expansion of renewable energy across the United States. It will also provide a seamless customer experience that will significantly reduce inspection and approval times for those obtaining permits to install solar panels on their homes.

“SolarAPP+ has been proven to save time for permitting departments without negatively impacting inspections in communities across Arizona and California,” said Dr. Jeffrey Cook, SolarAPP+ project lead, NREL. “The SolarAPP+ team is excited to work with EnerGov to bring the benefits of SolarAPP+ to every EnerGov customer nationwide, beginning with San Ramon, California.”

SolarAPP+ is a free online platform that automates the permitting process for residential rooftop solar. SolarAPP+ standardizes requirements and checks for safety and compliance on the spot to instantly catch code issues, typos, and errors, reducing the permitting process by at least five to as many as 20 business days. The result for the consumer is less waiting and a faster, more cost-effective option to go solar. If every system installed is delayed unnecessarily by just one day, the cost to the market will be approximately $4.7 million per day in lost revenue from electricity sales.

“Tyler is committed to working with NREL to integrate our solution to help streamline and minimize red tape for rooftop solar panel permitting,” said Greg Savard, general manager of Tyler’s Civic Services business unit. “Integrating SolarAPP+ with EnerGov will allow for customers to easily obtain the necessary permits to install solar on their homes in one place and will significantly reduce inspection and approval times for solar panel permitting.”

The National League of Cities and DOE will hold a free webinar on July 28, 2021, at 2:00 p.m. Eastern Time for EnerGov customers to learn more about adopting SolarAPP+. NREL will provide an overview of the tool, its success in reducing permitting workload, and will discuss how SolarAPP+ can be easily deployed using existing permitting software.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) provides integrated software and technology services to the public sector. Tyler's end-to-end solutions empower local, state, and federal government entities to operate more efficiently and connect more transparently with their constituents and with each other. By connecting data and processes across disparate systems, Tyler's solutions are transforming how clients gain actionable insights that solve problems in their communities. Tyler has more than 27,000 successful installations across more than 11,000 sites, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been named to Government Technology's GovTech 100 list five times and has been recognized three times on Forbes' "Most Innovative Growth Companies" list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

Kristin Welsh
Allyn Media, on behalf of Tyler Technologies
214.871.7723
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HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE:MUR) announced today that it will redeem $150 million in aggregate principal amount of its 6.875% Senior Notes due 2024 (the “Notes”) on August 16, 2021, the redemption date for the Notes.

The redemption price for the Notes called for redemption will be equal to 101.719% of the principal amount, plus accrued and unpaid interest, if any, to, but excluding, the redemption date in accordance with the terms of the Notes and the indenture under which the Notes were issued. The Notes to be redeemed will be selected in accordance with the procedures of The Depository Trust Company. Interest on the portion of the Notes selected for redemption will cease to accrue on and after the redemption date.

Additional information concerning the terms of the redemption is contained in the notice distributed to holders of the Notes. Beneficial holders with any questions about the redemption should contact their respective brokerage firm or financial institution. This news release does not constitute a notice of redemption of the Notes.

ABOUT MURPHY OIL CORPORATION

As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers people by doing right always, staying with it and thinking beyond possible. Murphy challenges the norm, taps into its strong legacy and uses its foresight and financial discipline to deliver inspired energy solutions. The company sees a future where it is an industry leader who is positively impacting lives for the next 100 years and beyond. Additional information can be found on the company’s website at www.murphyoilcorp.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as “aim”, “anticipate”, “believe”, “drive”, “estimate”, “expect”, “expressed confidence”, “forecast”, “future”, “goal”, “guidance”, “intend”, “may”, “objective”, “outlook”, “plan”, “position”, “potential”, “project”, “seek”, “should”, “strategy”, “target”, “will” or variations of such words and other similar expressions. These statements, which express management’s current views concerning future events or results, are subject to inherent risks and uncertainties. Factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement include, but are not limited to: macro conditions in the oil and gas industry, including supply/demand levels, actions taken by major oil exporters and the resulting impacts on commodity prices; increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where we do business; the impact on our operations or market of health pandemics such as COVID-19 and related government responses; other natural hazards impacting our operations or markets; any other deterioration in our business, markets or prospects; any failure to obtain necessary regulatory approvals; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the U.S. or global capital markets, credit markets or economies in general. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statements.

Investor Contacts:
Kelly Whitley, This email address is being protected from spambots. You need JavaScript enabled to view it., 281-675-9107
Megan Larson, This email address is being protected from spambots. You need JavaScript enabled to view it., 281-675-9470

Arcimoto FUV and Deliverator models will be put to the test in key cities across the state to further Tennessee’s shared vision for electric transportation.

EUGENE, Ore.--(BUSINESS WIRE)--Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, today announced that it has entered into a joint pilot program with Tennessee Clean Fuels and Drive Electric Tennessee to test the FUV and Deliverator in key cities across the state.

Over the course of the 30-day pilot program beginning on August 16, Arcimoto vehicles will be tested by state and local governments in key cities including Memphis, Nashville, Knoxville, and Chattanooga. If you’re interested in attending a test drive event, please email This email address is being protected from spambots. You need JavaScript enabled to view it..

“It’s incredibly encouraging that our Tennessee partners want to introduce our ultra-efficient EVs to the state,” said Arcimoto Founder and CEO, Mark Frohnmayer. “The Arcimoto platform offers big advantages in terms of daily utility, total cost of ownership, and energy efficiency. It’s critical for fleets and individuals alike to use the most efficient tools for the job in order to meet the state's aggressive sustainability goals, and we think we’ve got just the thing.”

In Tennessee, several organizations are already hosting programs to promote transportation electrification, including the Middle-West and East Tennessee Clean Fuels Coalitions, known collectively as Tennessee Clean Fuels. These U.S. DOE designated Clean Cities Coalitions offer fleet engagement and technical assistance programs to promote the adoption of alternative fuels and advanced vehicle technologies. Along with these Coalitions is Drive Electric Tennessee, a consortium of Tennessee stakeholders—including State agencies, utilities, local governments, universities, research institutions, electric vehicle manufacturers, businesses, and advocacy groups—who have worked together on the development of a shared vision for electric transportation in the state. The consortium’s goal is to increase EV adoption in Tennessee from approximately 13,800 EV in June 2021 to 200,000 vehicles by 2028.

“Improving access to sustainable transportation not only improves public health for Tennesseans but contributes to a strong economy by protecting our natural resources and limiting the reliance on fossil fuels across the state,” said Jonathan Overly, Executive Director for the East Tennessee Clean Fuels Coalition and Administrator of Drive Electric Tennessee. “We hope this pilot will serve as a meaningful step in making electric transportation more efficient and accessible, while improving public health, equity, and access.”

For the latest company updates, follow Arcimoto on YouTube, Facebook, Instagram, Twitter, and LinkedIn. A replay of the Company’s latest quarterly earnings webinar can be viewed here. For more information, visit Arcimoto.com.

About Arcimoto, Inc.

Arcimoto (NASDAQ: FUV) develops and manufactures ultra-efficient and affordable electric vehicles to help the world shift to a sustainable transportation system. Now available to preorder customers on the West Coast, the Arcimoto FUV® is purpose-built for everyday driving, transforming ordinary trips into pure-electric joyrides. Available for preorder, the Deliverator® and Rapid Responder™ provide last-mile delivery and emergency response functionality, respectively, at a fraction of the cost and environmental impact of traditional gas-powered vehicles. Two additional concept prototypes built on the versatile Arcimoto platform are currently in development: the Cameo™, aimed at the film and influencer industry; and the Roadster, designed to be the ultimate on-road fun machine. Every Arcimoto vehicle is built at the Arcimoto Manufacturing Plant in Eugene, Oregon. For more information, please visit Arcimoto.com.

Safe Harbor / Forward-Looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict and include, without limitation, our expectations as to product deliveries, the establishment of our service and delivery network and our expected rate of production. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. In addition, such statements could be affected by risks and uncertainties related to, among other things: our ability to manage the distribution channels for our products, including our ability to successfully implement our rental strategy, direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; our ability to design, manufacture and market vehicle models within projected timeframes given that a vehicle consists of several thousand unique items and we can only go as fast as the slowest item; our inexperience to date in manufacturing vehicles at the high volumes that we anticipate; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to deliver on those reservations; unforeseen or recurring operational problems at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; changes in consumer demand for, and acceptance of, our products: changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in laws or regulations governing our business and operations; costs and risks associated with potential litigation; and other risks described from time to time in periodic and current reports that we file with the SEC. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements.

Public Relations Contact:
Megan Kathman
(651) 785-3212
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Investor Relations Contact:
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Arcimoto Fleet Sales
Sam Fittipaldi
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• Carbon emissions to be captured from ExxonMobil’s joint venture gas terminal
• ExxonMobil also joins NECCUS Carbon Capture Alliance
• Will share extensive global experience with carbon capture and storage

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project (CCS) in Scotland. The project plans to capture and store approximately 5-6 million tons of CO₂ per year by 2030 from gas terminals at the St Fergus complex at Peterhead, Scotland, which includes ExxonMobil’s joint venture gas terminal.

The Acorn Project has the potential to provide more than half of the 10 million tons per year of CO₂ storage the UK government is targeting, and when expanded has the potential to store more than 20 million tons of CO₂ emissions per year by the mid-2030s.

“ExxonMobil has more than 30 years’ experience in CCS technology and is advancing plans for multiple new CCS opportunities around the world,” said Joe Blommaert, president of Low Carbon Solutions at ExxonMobil. “We are pleased to support the Acorn Project in the deployment of CCS, one of the most important technologies required to achieve society’s climate goals.”

ExxonMobil also said it has joined NECCUS, an alliance of industry, government and academic experts committed to reducing carbon emissions from industrial facilities in Scotland.

ExxonMobil’s membership will help the alliance explore the potential of technology-driven solutions to reduce emissions by drawing on the company’s extensive global experience with carbon capture and storage. NECCUS members include the Scottish government, four leading Scottish universities and several industry partners.

“Our membership in NECCUS and our involvement with Acorn underscores our commitment to addressing the dual challenge of meeting the world’s energy needs while reducing emissions from our operations,” Blommaert said. “As a world leader in the development and use of carbon capture and storage, we will work with the alliance to identify how this technology can play a pivotal role in reducing Scotland’s emissions.”

“NECCUS welcomes ExxonMobil to our alliance,” said Mike Smith, CEO of NECCUS. “Decarbonising industrial emissions will be a challenging but essential part of meeting the national 2045 net-zero target. We believe Scotland is well placed to deliver on technologies such as carbon capture and storage, and hydrogen, which are necessary to achieve a net-zero industrial cluster. Collaboration across the organisations within NECCUS will be essential to this ambition, and the experience ExxonMobil brings will enhance this collaboration.”

In March, ExxonMobil established a Low Carbon Solutions business to commercialize low-emission technologies. It is initially focusing on CCS, the process of capturing CO₂ from industrial activity that would otherwise be released into the atmosphere, and injecting it into deep underground geologic formations for safe, secure and permanent storage.

ExxonMobil is the industry leader in CCS technology and has more than 30 years of experience capturing carbon. The company has an equity share in about one-fifth of global CO₂ capture capacity and has captured approximately 40 percent of all the captured anthropogenic CO₂ in the world.

The International Energy Agency projects CCS could mitigate up to 15 percent of global emissions by 2040, and the U.N. Intergovernmental Panel on Climate Change (IPCC) estimates global de-carbonization efforts could be twice as costly without CCS.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com, the Energy Factor and Carbon capture and storage | ExxonMobil.

Follow us on Twitter and LinkedIn.

Cautionary Statement: Statements of future events, investment opportunities or conditions in this release are forward-looking statements. Actual future results, including project plans, timing, results, and costs, future reductions in emissions and emissions intensity, carbon capture results and the impact of operational and technology efforts could vary depending on the ability to execute operational objectives on a timely and successful basis; the ability to obtain and timing of required governmental and other third party consents; the development and pace of supportive market conditions and national, regional and local policies relating to carbon capture and emission reductions; changes in laws and regulations including laws and regulations regarding greenhouse gas emissions, carbon costs, and taxes; trade patterns and the development and enforcement of local, national and international mandates and treaties; unforeseen technical or operational difficulties; the outcome of research efforts and future technology developments, including the ability to scale projects and technologies on a commercially competitive basis; changes in supply and demand and other market factors affecting future prices of oil, gas, and petrochemical products; the outcome of commercial negotiations and the actions of competitors; and other factors discussed in this release and under the heading “Factors Affecting Future Results” on the Investors page of ExxonMobil’s website at exxonmobil.com.

ExxonMobil Media Relations
(972) 940-6007

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Today Emera (TSX: EMA) announced that it will release its Q2 2021 results on Wednesday, August 11, 2021, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the results.

Analysts and other interested parties in North America are invited to participate by dialing 1-866-521-4909. International parties are invited to participate by dialing 1-647-427-2311. Participants should dial in at least 10 minutes prior to the start of the call. No pass code is required.

A live and archived audio webcast of the teleconference will be available on the Company's website, www.emera.com. A replay of the teleconference will be available two hours after the conclusion of the call by dialing 1-800-585-8367 and entering pass code 3794189.

About Emera Inc.

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $31 billion in assets and 2020 revenues of more than $5.5 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H and EMA.PR.J. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedar.com.

Emera Inc.
Investor Relations:
Dave Bezanson, VP, Investor Relations & Pensions
902-474-2126
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Media:
902-222-2683
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NEW YORK & LONDON--(BUSINESS WIRE)--General Atlantic, a leading global growth equity firm, announced today the formation of BeyondNetZero (“BnZ”), a new venture targeting growth equity investments related to climate change. BnZ is being established in partnership with Lord (John) Browne of Madingley, Senior Advisor to General Atlantic, who will serve as Chairman of the venture. BnZ combines General Atlantic’s significant growth equity expertise, along with a new team of proven climate investors and industry executives, to create a unique capability to identify growth climate investment opportunities.

The BnZ team will identify and scale innovative solutions that focus on meeting and exceeding Net Zero emissions targets. The venture will leverage an extensive global network across the General Atlantic and BnZ teams to source, execute and support investments in high-growth businesses that ultimately have the potential to combat climate change at scale.

Collectively, the team brings decades of experience in both addressing climate-focused problems and building pioneering growth companies. The BnZ team is led by Lord Browne as Chairman and includes those with significant relevant expertise in investing, operating and building companies. This senior team includes four Managing Directors and two Principals across the U.S. and Europe, with plans for further team expansion in the coming months. The venture will also benefit from the insights and support of a diverse and respected team of strategic advisors around the world with expansive academic, scientific and business experience.

As part of its commitment to help companies achieve impact beyond Net Zero, the venture has secured an exclusive strategic partnership with SYSTEMIQ, an independent consultancy, think tank and investment firm, that will help develop a proprietary approach to measuring, reporting and driving emissions reductions.

BnZ will take a thematic approach to identifying opportunities, focusing on:

• Decarbonization – of supply chains, industrial processes and products
• Energy efficiency – solutions that contribute to energy efficiency and conservation
• Resource conservation – reducing waste and the resource-intensity of economic activity
• Emissions management – measurement, management, storage and removal of emissions

BnZ will seek to identify entrepreneurs with technologies poised to be deployed at commercial stage; established technologies; and those offering solutions for companies that are looking to pivot away from unsustainable models. This focus on asset-light and technology-driven business models will draw upon the BnZ team’s strategic partnerships, dedicated research capabilities and significant understanding of market dynamics.

Bill Ford, Chairman and Chief Executive Officer of General Atlantic, commented: “Addressing global climate change requires both a systemic transformation of the energy economy and scale of investment never seen before. Technology, innovation and entrepreneurship will play a vital role in this monumental transition. Growth equity is uniquely positioned to drive this shift and support founders in deploying innovative solutions at scale. With the BnZ team, we believe we can create meaningful progress by harnessing our long-held belief in the ability of global entrepreneurship to shift the paradigm.”

Lord Browne of Madingley (John Browne), Chairman of BnZ and Senior Advisor to General Atlantic, was from 1995 to 2007 Group Chief Executive of BP. He was the first energy industry leader to recognize publicly the risks of climate change and pledge action. He has significant experience in investment in and leadership of renewable energy and climate related technologies. He commented: “Climate change is the biggest threat to life, as we know it. The actions we need to take affect almost all aspects of production and consumption – a new fast-evolving industrial revolution of enormous scale. I am delighted that the specific expertise of the BnZ team will be combined with General Atlantic’s focus on working with growing businesses in rapidly changing sectors. This combination will create a distinctively differentiated approach to energy, industry and the consumer.”

BnZ’s diverse team of investment experts and strategic advisors includes:

Investment Professionals

Eli Aheto
Eli Aheto is a Managing Director on the BeyondNetZero team. Before joining BeyondNetZero, Aheto led investments in renewable energy, mobility and agricultural technology at Virgo Investment Group. Aheto began his career at Goldman Sachs and General Atlantic before joining Anchorage Capital Group to lead the firm’s energy investments.

Michael Bevan
Michael Bevan is a Managing Director on the BeyondNetZero team. Bevan has over 25 years of investment experience exclusively focused on sustainable growth investing. Previously, Bevan was a General Partner with Element Partners, a firm dedicated to growth equity investing in environmental businesses. Prior to Element, he was a Partner at Advent International and helped co-manage a dedicated fund focused on minority growth equity transactions into companies focused on sustainability. He also worked at EnerTech Capital, a venture capital fund focused on alternative energy technology investing.

Rhea Hamilton
Rhea Hamilton will be joining the BeyondNetZero team as a Managing Director in August. Hamilton brings nearly two decades of investing experience focused on climate and sustainability. Before joining BeyondNetZero, she was a Managing Director for OGCI Climate Investments, where she led the venture and growth equity investments globally. Prior to this, Hamilton headed private equity transactions focused on sustainable technology and clean energy, both for a large European family office as well as for a pioneer in sustainable investing, RobecoSAM.

Emmanuel Lagarrigue
Emmanuel Lagarrigue is a Managing Director on the BeyondNetZero team. Before joining BeyondNetZero, Lagarrigue was a Member of the Schneider Electric Executive Committee, serving first as Chief Strategy & Sustainability Officer and then Chief Innovation Officer. Lagarrigue led the company’s strategy and technology investments in sustainability, energy transition and digital transformation. He previously held multiple general management positions at Schneider Electric in multiple regions including the U.S., Asia, Europe and South America.

Wilson Bowen
Wilson Bowen is a Principal on the BeyondNetZero team. Before joining BeyondNetZero, Bowen was a Principal at Blackstone Growth focused on technology investments. Prior to that, he worked at TPG and Morgan Stanley.

Matthew Powell
Matthew Powell is a Vice President on the BeyondNetZero team and will serve as the Head of ESG & Reporting for the venture. Before joining BeyondNetZero, Powell was the Chief of Staff at L1 Energy.

Advisors

Enass Abo-Hamed
Enass Abo-Hamed serves as an Advisor to the BeyondNetZero team. She is the Co-Founder and CEO of H2GO Power Ltd., an award-winning spin-out company from the University of Cambridge that develops energy storage technologies. Currently, she is also a Royal Academy of Engineering Enterprise Fellow and a technology expert consultant to European Commission (REA). With more than a decade of research and business experience in hydrogen production & storage, catalysis, renewable energy and energy storage, Abo-Hamed is passionate about climate entrepreneurship, multidisciplinary engineering and clean energy technology policy.

Ajay Banga
Ajay Banga serves as an Advisor to the BeyondNetZero team. He is the Executive Chairman of Mastercard, after serving 11 years as its CEO. He is a global leader in technology, data, financial services and innovating for inclusion. Banga is a co-founder of The Cyber Readiness Institute, Chairman of the International Chamber of Commerce and a trustee of the United States Council for International Business. As an advisor to governments, companies and organizations of all kinds, he has advocated for partnership and systems that deliver on profit and purpose.

Diana Fox Carney
Diana Fox Carney serves as an Advisor to the BeyondNetZero team. She is a Senior Advisor at Eurasia Group, where she advises clients on environmental issues and climate transition. Previously, she worked at think tanks in Canada and the UK and was executive director at Pi Capital. Fox Carney also sits on the boards of the Shell Foundation and ClientEarth USA.

Sir Suma Chakrabarti
Sir Suma Chakrabarti serves as an Advisor to the BeyondNetZero team. Previously, he was President of the European Bank for Reconstruction and Development (EBRD) from 2012 to 2020. Under his leadership, EBRD achieved record investment levels and policy outcomes in emerging markets, including in climate finance, focused particularly on the private sector. He has also led UK Government departments, and currently advises emerging market leaders and chairs a global think tank.

Steven A. Denning
Steven A. Denning serves as an Advisor to the BeyondNetZero team and is also Chairman Emeritus of General Atlantic. Denning helped build General Atlantic with a vision of supporting entrepreneurs as they work to grow their businesses. For over four decades, Denning has helped General Atlantic become a leading global growth investment firm, today with 14 offices around the world. Denning also served on the Board of Trustees of Stanford University from 2004 to 2017, including as its Chairman from 2012 to 2017, and was a member of The Nature Conservancy Board of Directors from 2007 to 2016, including as Co-Chair from 2013 to 2016. Before joining General Atlantic, Denning worked at McKinsey & Company and served for six years in the U.S. Navy.

J. Erik Fyrwald
J. Erik Fyrwald serves as an Advisor to the BeyondNetZero team. Fyrwald is currently CEO of Syngenta. He previously served as CEO of Univar from 2012 to 2016. Previously, following a 27-year career at DuPont, he joined Nalco Company, serving as Chairman and CEO until 2011, when Nalco merged with Ecolab Inc. Following the merger, he served as president of Ecolab. Fyrwald currently serves on the boards of directors of Syngenta, Bunge Limited, CropLife International, Eli Lilly and Company, the Swiss American Chamber of Commerce and the UN World Food Program Farm to Market Initiative.

Mark Gainsborough
Mark Gainsborough serves as an Advisor to the BeyondNetZero team. Gainsborough is the former head of Shell New Energies, with a strong track record of investments in renewables, energy storage, hydrogen, biofuels and nature-based solutions. He currently serves on the boards of companies developing low carbon technologies and is the Co-Founder of Low Carbon Advisors, helping CEOs and boards to navigate the path to Net Zero carbon emissions.

Lynn Gladden
Lynn Gladden serves as an Advisor to the BeyondNetZero team. She is Professor of Chemical Engineering at the University of Cambridge. Gladden is a Fellow of the Royal Society and Royal Academy of Engineering and a foreign member of the U.S. National Academy of Engineering. She is also the Chair of the Judging Panel of the Queen Elizabeth Prize for Engineering.

Rachel Kyte
Rachel Kyte, CMG, serves as an Advisor to the BeyondNetZero team. She is the fourteenth Dean of The Fletcher School at Tufts University. Previously, she served as Special Representative of the UN Secretary General, CEO of Sustainable Energy for All (SEforALL) and a World Bank Group Vice President and special envoy for Sustainable Development and Climate Change. She currently advises international organizations, firms and governments on transitions and climate action.

Elizabeth Littlefield
Elizabeth Littlefield serves as an Advisor to the BeyondNetZero team. Littlefield previously served as President and CEO of OPIC, now known as the U.S. International Development Corporation (DFC), during the Obama Administration. Prior to this role, she was the CEO of CGAP, the microfinance policy center housed at the World Bank, and was the Managing Director of JPMorgan’s emerging markets capital markets business. She currently chairs the board of M-KOPA, the leading pay-as-you go solar company in Africa. Littlefield is also a senior adviser at Albright Stonebridge Group and serves on the boards of several environmental and mission-driven organizations operating in developing countries.

John Thornton
John Thornton serves as an Advisor to the BeyondNetZero team. He is Executive Chairman of Barrick Gold Corporation, Non-Executive Chairman of PineBridge Investments, and a director of Ford Motor Company and SparkCognition, a leader in industrial artificial intelligence. Thornton was formerly President of Goldman Sachs and Chairman of the Brookings Institution. He is currently Co-Chairman of Asia Society, Vice Chairman of Morehouse College and is an International Advisory Board member of Tsinghua University School of Economics and Management and School of Public Policy and Management.

About General Atlantic
General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 400 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic currently has over $65 billion in assets under management and more than 175 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore and Stamford. For more information on General Atlantic, please visit the website: www.generalatlantic.com.

For more information on BeyondNetZero, visit www.beyond-net-zero.com.

About SYSTEMIQ
SYSTEMIQ is a B Corp created in 2016 to drive achievement of the UN Sustainable Development Goals and the Paris Agreement by transforming markets and business models across three areas: land use, circular materials and energy. Working with partners across sectors, SYSTEMIQ aims to unlock economic opportunities that benefit business, society and the environment. To learn more, visit www.systemiq.earth.

Media Contacts
Mary Armstrong & Emily Japlon
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SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) has been honored as one of the 2021 Best Workplaces for Millennials™ by Fortune magazine and Great Place to Work. This is the company’s 5^th time to be recognized as one of the top workplaces for millennials in the country.

“This recognition truly celebrates the positive spirit of our millennials and all of our other employees,” said Brad Barron, President and CEO of NuStar Energy L.P. “We are so grateful to our employees for their energy, enthusiasm and can-do attitude.

“It’s gratifying to know that employees of every generation enjoy working at NuStar because of our unique caring and sharing culture created by our Chairman Bill Greehey. He established our employee-focused culture many years ago, and we’re continually striving to make NuStar an even greater place to work as our employees are the key to our success.”

NuStar also has been honored with several other top workplace honors in 2021, including being named to Fortune’s list of the 100 Best Companies to Work For, and the list of Best Workplaces in Texas. Additionally, the company was designated as one of the 2021 Best Places for Working Parents and ranked among the 25 Best Companies For Latinos to Work by Latino Leader Magazine.

The Best Workplaces for Millennials award is based on an analysis of survey responses from more than 5.3 million current employees at companies across the country. In that survey, 94 percent of NuStar’s employees said that the company is a great place to work, which is 35 percent higher than the average U.S. company.

The Best Workplaces for Millennials list is highly competitive. Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they are a Great Place to Work-Certified™ organization.

Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.

“The Best Workplaces for Millennials™ treat their employees like people, not just employees,” said Michael C. Bush, CEO of Great Place to Work®. “These companies foster caring and respect for one another, at every level of the organization. The result is millennial employees who say they look forward to coming to work and – as our research says – are 50 times more likely to stay a long time.”

About NuStar

NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 10,000 miles of pipeline and 73 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels and specialty liquids. The partnership's combined system has approximately 72 million barrels of storage capacity, and NuStar has operations in the United States, Canada and Mexico. For more information, visit NuStar Energy L.P.'s website at www.nustarenergy.com and our Sustainability page at www.nustarenergy.com/Sustainability.

About the Best Workplaces for Millennials™

Great Place to Work® selected the Best Workplaces for Millennials™ by gathering and analyzing confidential survey responses from more than 5.3 million employees at Great Place to Work-Certified™ organizations. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology. To get on this list next year, start here.

About Great Place to Work®

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.

Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.

Chris Cho
210-918-3953
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ANNAPOLIS, Md.--(BUSINESS WIRE)--#earnings--Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that the Company will release its second quarter 2021 results after market close on Thursday, August 5, 2021, to be followed by a conference call at 5:00 p.m. (Eastern Time).

The conference call can be accessed live over the phone by dialing 1-866-652-5200 or for international callers, 1-412-317-6060. Please ask to be connected to the Hannon Armstrong call. A replay will be available two hours after the call and can be accessed by dialing 1-877-344-7529, or for international callers, 1-412-317-0088. The passcode for the replay is 10158488. The replay will be available until August 12, 2021.

Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investors section of the Company's website at www.hannonarmstrong.com. The online replay will be available for a limited time beginning immediately following the call.

To learn more about Hannon Armstrong, please visit the Company's website at www.hannonarmstrong.com. In addition to filing or furnishing required information to the U.S. Securities and Exchange Commission, Hannon Armstrong uses its website as a channel of distribution of material Company information. Financial and other material information regarding Hannon Armstrong is routinely posted on the Company's website and is readily accessible.

ABOUT HANNON ARMSTRONG

Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $7 billion in managed assets, Hannon Armstrong’s core purpose is to make climate-positive investments with superior risk-adjusted returns. For more information, please visit www.hannonarmstrong.com. Follow Hannon Armstrong on LinkedIn and Twitter @HannonArmstrong.

HANNON ARMSTRONG
INVESTOR INQUIRIES:
Chad Reed
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410-571-6189

EVgo will plan and deploy EV charging and infrastructure solutions for GM fleet and BrightDrop customers

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc., (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that General Motors Company (GM) has named it a preferred provider for the company’s Ultium Charge 360 fleet service. With the announcement, EVgo will deploy comprehensive new charging and infrastructure solutions specifically for GM fleet and BrightDrop customers; in addition, these customers can receive program discounts at EVgo’s nationwide network of more than 800 public fast charging locations.

Automakers around the globe have announced more than $300 billion of EV investments, and just last month, GM, announced its plans to spend $35 billion through 2025 on EVs and AVs, an increase of 75% from March 2020 before the COVID-19 pandemic.

Today’s news will help enable a seamless experience as EVgo can provide one stop shopping for fleet customers looking for charging solutions from Level 2 charging at the depot to away-from-base fast charging options. GM’s Ultium Charge 360 fleet service will support EV fleet electrification for rideshare, delivery, municipal, autonomous, government and other market segments and includes a curated, comprehensive offering for fleet customers who are transitioning to electric vehicles. EVgo’s commitment to powering EV fleets furthers the joint vision in achieving electrification for all.

GM tapped EVgo as a preferred provider to leverage its dedication to innovation and deep expertise in designing, building and maintaining EV infrastructure across the country, including dedicated charging services for fleets. Reliability is a key factor for mission critical fleets, and EVgo maintains uptime of 98%¹ across thousands of charging stations. EVgo can help fleet owners realize electrification’s significant benefits, empowering them to recognize lower total cost of ownership, meet emerging regulations and lead on corporate sustainability.

Through the GM Ultium Charge 360 service, EVgo will offer GM fleet and BrightDrop customers turnkey fleet solutions tailored to meet their unique and diverse needs, from fleet transition planning to equipment provisioning, infrastructure deployment, dedicated depots, integrated software solutions and ongoing operations and maintenance.

This announcement is the latest in a series of joint milestones for the two companies. In July 2020, GM and EVgo announced plans to accelerate widespread EV adoption by adding more than 2,700 fast chargers in markets across the country through 2025. In April, the companies brought the first stations online in California, Florida and Washington.

“As fleets and fleet managers transition to an all-electric future, empowering them with convenient and integrated charging solutions will be critical to expanding this key market segment. GM and EVgo are building on their relationship and will provide solutions for on-the-go to depot charging helping to ensure drivers have access to EVgo’s public charging network, making it easy for fleet drivers to charge when and where they need to,” said Alex Keros, Lead Architect, EV Infrastructure, General Motors.

“EVgo and GM both know how important it is to electrify fleets—for the economic benefit of fleet managers and for the planet,” said EVgo CEO Cathy Zoi. “As a preferred charging solutions provider for GM’s new fleet program. We will continue to provide fleet operators with the charging solutions from L2 through 350kW charging they need to go electric at scale.”

About EVgo

EVgo (NASDAQ: EVGO) is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations, EVgo’s owned and operated charging network serves over 65 metropolitan areas across 34 states and more than 250,000 customers. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.

_______________________________
¹ Based on EVgo network data

EVgo
For Investors:
Ted Brooks, VP of Investor Relations
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310-954-2943

For Media:
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KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE:KSU) reported revenues of $749.5 million, an increase of 37% from second quarter 2020. Overall, carload volumes were up 31% compared to prior year.

Second Quarter 2021

Second quarter revenues were $749.5 million, an increase of 37% primarily resulting from higher volumes, higher fuel surcharge, and the strengthening of the Mexican peso against the U.S. dollar.

Second quarter operating expenses were $1,181.2 million, including a $700 million termination fee paid to Canadian Pacific. The $700 million reimbursement from Canadian National will be recognized upon KCS shareholder vote on the merger with Canadian National. Operating loss was $431.7 million and the reported operating ratio was 157.6%. Second quarter net loss was $378.0 million, or $4.17 per diluted share. Adjusted second quarter operating income, operating ratio, net income, and diluted earnings per share were as follows:

"KCS delivered strong second quarter volume growth, as our franchise benefited from unique growth drivers and the economy recovered from the COVID-19 downturn,” stated president and chief executive officer, Patrick J. Ottensmeyer. “Although we are pleased with the strong volume growth, we fell short of our own expectations for customer service.

“Our operating team is focused on implementing structural and sustainable changes that will improve operational performance and the resiliency of our network. To that end, we have deployed additional assets and crews in support of our service recovery, setting the Company up to continue delivering robust volume growth while improving customer service in the second half of 2021.

“During the second quarter, KCS also announced a pro-competitive merger with Canadian National, which will deliver more choices to customers through the creation of new, single line service options between the U.S., Canada and Mexico. This combination represents an exciting opportunity for KCS and CN stakeholders, and we look forward to delivering a safer, faster, cleaner and stronger railroad. For more information on the transaction and its benefits, visit ConnectedContinent.”

Statement Regarding Non-GAAP Financial Measures

In addition to disclosing financial results in accordance with U.S. GAAP, the accompanying second quarter 2021 earnings release contains non-GAAP financial measures. KCS management believes that certain non-GAAP financial measures used to review and in certain cases manage the Company's business fall within the meaning of Regulation G (Disclosure of non-GAAP financial measures) and may provide its users of the financial information with additional meaningful comparison when reviewing the Company's results. KCS management uses non-GAAP information in its planning and forecasting processes and to further analyze its own financial trends and operational performance, as well as making financial comparisons to prior periods presented on a similar basis. Management believes investors and users of the Company's financial information should consider all of the above factors when evaluating KCS's results.

These non-GAAP measures should be viewed as a supplement and not considered a substitute for GAAP measures. Some of KCS's non-GAAP measures may differ from similar measures used by other companies, even if similar terms are used to identify such measures.

Investor Conference Call and Webcast

KCS will also hold its second quarter 2021 earnings conference call on Friday, July 16, 2021 at 8:45 a.m. eastern time. Shareholders and other interested parties are invited to participate via live webcast or telephone. To participate in the live webcast and to view accompanying presentation materials, please log into investors.kcsouthern.com immediately prior to the presentation. To join the teleconference, please call (844) 308-6428 from the U.S., or (412) 317-5409 from all other countries.

A replay of the presentation will be available by calling (877) 344-7529 from the U.S., (855) 669-9658 from Canada or (412) 317-0088 from all other countries and entering conference ID 10152592. The webcast replay and presentation materials will be archived on the company’s website.

About Kansas City Southern

Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com

Forward-Looking Information

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. In addition, management may make forward-looking statements orally or in other writing, including, but not limited to, in press releases, quarterly earnings calls, executive presentations, in the annual report to stockholders and in other filings with the Securities and Exchange Commission. Readers can usually identify these forward-looking statements by the use of such words as "may," "will," "should," "likely," "plans," "projects," "expects," "anticipates," "believes" or similar words. These statements involve a number of risks and uncertainties. Actual results could materially differ from those anticipated by such forward-looking statements as a result of a number of factors or combination of factors including, but not limited: the merger with Canadian National Railway Company ("CN") is subject to various closing conditions and there can be no assurances as to whether and when it may be completed; failure to complete the Company’s merger with CN could negatively impact the Company’s stock price and future business and financial results; Company’s stockholders cannot be sure of the value of the merger consideration they will receive from CN in the merger; lawsuits may be filed against the Company and/or CN challenging the transactions contemplated by the merger between, among others, the Company and CN; the shares of CN common stock to be received by the Company’s stockholders upon completion of the merger will have different rights from shares of the Company’s common stock; after completion of the merger, CN may fail to realize the projected benefits and cost savings of the merger; public health threats or outbreaks of communicable diseases, such as the ongoing COVID-19 pandemic and its impact on KCS’s business, suppliers, consumers, customers, employees and supply chains; rail accidents or other incidents or accidents on KCS’s rail network or at KCS’s facilities or customer facilities involving the release of hazardous materials, including toxic inhalation hazards; legislative and regulatory developments and disputes, including environmental regulations; loss of the rail concession of Kansas City Southern’s subsidiary, Kansas City Southern de México, S.A. de C.V.; domestic and international economic, political and social conditions; disruptions to the Company’s technology infrastructure, including its computer systems; increased demand and traffic congestion; the level of trade between the United States and Asia or Mexico; fluctuations in the peso-dollar exchange rate; natural events such as severe weather, hurricanes and floods; the outcome of claims and litigation involving the Company or its subsidiaries; competition and consolidation within the transportation industry; the business environment in industries that produce and use items shipped by rail; the termination of, or failure to renew, agreements with customers, other railroads and third parties; fluctuation in prices or availability of key materials, in particular diesel fuel; access to capital; climate change and the market and regulatory responses to climate change; dependency on certain key suppliers of core rail equipment; changes in securities and capital markets; unavailability of qualified personnel; labor difficulties, including strikes and work stoppages; acts of terrorism or risk of terrorist activities, war or other acts of violence; and other factors affecting the operation of the business; and other risks identified in this news release, in KCS's Annual Report on Form 10-K for the year ended December 31, 2020, and in other reports filed by KCS with the Securities and Exchange Commission.

Forward-looking statements reflect the information only as of the date on which they are made. KCS does not undertake any obligation to update any forward-looking statements to reflect future events, developments, or other information.

KCS: Ashley Thorne, 816-983-1530, This email address is being protected from spambots. You need JavaScript enabled to view it.

• Schneider Electric brings an end-to-end EV infrastructure solution to GM Ultium Charge 360 fleet service offering fleet managers one-of-a-kind capabilities and benefits
• Schneider Electric shares GM vision to make the most of our energy resources by facilitating their commitment to electrification

BOSTON--(BUSINESS WIRE)--Schneider Electric, the leader in digital transformation of energy management and automation, today has been selected as a preferred provider for GM’s Ultium Charge 360 fleet service to support electric vehicle infrastructure. The move will facilitate GM’s commitment to fleet electrification and provide a more seamless experience for GM fleet and BrightDrop customers via an end-to-end solution offered by Schneider Electric.

Schneider Electric’s new EcoStruxure for Automotive and Mobility solution, an offering specifically for fleet customers that will now be available through the GM Ultium Charge 360 fleet service, is an EV infrastructure solution providing utility rate negotiation and modeling, software integration, charging station agnostic solutions, and cybersecurity architecture. The service also provides end-point cloud integration connecting products, controls, software and services, and Energy-as-a-Service design and financial support for the infrastructure solution.

“We are incredibly excited to be one of the first preferred providers to join the GM Ultium Charge 360 fleet service and, as the most sustainable company in the world¹, we share their commitment to make the most of our energy resources, bridging progress and sustainability for all,” said Annette Clayton, CEO & president, Schneider Electric North America. “Our EcoStruxure for Automotive and Mobility solution will help us meet the needs of GM fleet and BrightDrop customers by proving an end-to-end EV infrastructure solution to facilitate their EV transition.”

As part of the preferred provider agreement, GM will also facilitate and coordinate integration between fleet customers’ existing integrated software solutions and Schneider Electric programming interfaces as needed. This means that Schneider Electric’s new EV infrastructure technology will work seamlessly with existing GM solutions where available, such as Energy Assist, OnStar Business Solutions, and OnStar Vehicle Insights, as well as newer technologies moving forward.

“Electrifying fleets is a critical step as we move toward EV adoption at scale and our work with Schneider Electric will help make the shift to electric as seamless and integrated as possible,” said Alex Keros, Lead Architect, EV Infrastructure, General Motors. “GM and Schneider Electric will provide fleet customers an integrated charging solution that can fit their needs through comprehensive fleet-depot charging.”

For more information on EV solutions from Schneider Electric, please visit: https://www.se.com/us/en/work/solutions/for-business/automotive.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

¹ According to Corporate Knights 2021 Global 100 Index https://www.corporateknights.com/reports/2021-global-100/top-company-profile-schneider-electric-leads-decarbonizing-megatrend25289-16115328/

Discover Life Is On

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TORONTO--(BUSINESS WIRE)--$PWWR #FuellCellPower--The Neo Exchange Inc. (“NEO Exchange” or “NEO”) is excited to announce that Belgium-based Alkaline Fuel Cell Power Corp. (“Fuel Cell Power”), has made its public markets debut today on the NEO Exchange. Fuel Cell Power is now available for trading on NEO under the symbol PWWR.

The latest in a wave of technology listings to launch on NEO, Fuel Cell Power is focused on the design, development, production, and commercialization of micro combined heat and power systems based on alkaline fuel cell technology for residential, industrial, and commercial markets worldwide.

“Our listing on NEO is a critical milestone for Fuel Cell Power as it will help support our growth, raise our profile to new prospective investors, and fuel our drive to commercialization,” commented Jef Spaepen, CEO of Fuel Cell Power. “Our technology offers a clean energy source that generates zero CO₂ emissions and produces pure water as the only by-product, providing electricity and an equivalent amount of heat for various purposes, including residential and small to medium-sized power markets.”

Spaepen continued: “Fuel Cell Power’s solution is ideal for spaces that require small-scale power and heat - like individual households, apartment buildings, and office spaces – as well as applications that do not utilize the heat being produced – like electric vehicle charging stations, IT equipment, back-up power for cell towers and hospitals, temporary power for construction sites, and so much more. As a disruptive, tech-centric stock exchange, NEO will provide us with greater access to capital and wider visibility within the investment community so we can capitalize on the rapidly expanding clean energy industry and bolster our position in the market.”

“Fuel Cell Power is paving the way as a leader in energy efficient technology, and we are proud to welcome them to the NEO family – another future-forward listing affirming that NEO is the place to be for companies in the innovation economy,” remarked Jos Schmitt, President and CEO of NEO. “We look forward to providing Fuel Cell Power with all of the benefits of a Tier 1 exchange, in addition to NEO’s next-level client service and support, as their listing partner of choice.”

Investors can trade shares of NEO:PWWR through their usual investment channels, including discount brokerage platforms and full-service dealers. NEO is home to over 150 corporate and ETF listings, and consistently facilitates close to 15 percent of all Canadian trading volume. Click here for a complete view of all NEO-listed securities.

About the NEO Exchange

The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Connect with NEO: Website | LinkedIn | Twitter | Instagram | Facebook

About Alkaline Fuel Cell Power Corp.

Fuel Cell Power is focused on the development, production, and ultimate commercialization of micro-combined heat and power (“micro-CHP”) systems based on alkaline fuel cell technology. A fuel cell is a clean electrical power conversion/generation system, akin to small power stations that provide electricity and an equivalent amount of heat for various purposes. Based on hydrogen powered alkaline fuel cell technology, Fuel Cell Power’s technology offers an energy source that generates zero CO₂ emissions with pure water as the only by-product, making it ideally suited for residential and small- to medium-sized power markets. The company believes it is well-positioned to become a positive contributor to the global demand for clean energy, particularly in Europe where demand outpaces supply, and current technology remains inadequate to meet market needs.

Connect with Fuel Cell Power: Website | LinkedIn | Twitter | Instagram | Facebook

NEO Media Contact:
Aimee Morita
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New York’s Largest Battery Project to Improve Grid Reliability and Aid Transition to Renewables

NEW YORK--(BUSINESS WIRE)--174 Power Global today announced that the New York State Public Service Commission (PSC) approved a Certificate of Public Convenience and Necessity for its 100-megawatt (MW) energy storage project in Astoria, Queens, under development by its indirect wholly-owned subsidiary, East River ESS, LLC. The East River Energy Storage Project was selected, and subsequently contracted, by Con Edison for an energy supply agreement after the PSC directed the utility to procure and deploy 300 MW of qualified energy storage systems in New York City by 2023. Con Edison’s initiatives to procure more energy storage projects complement New York State’s public policy goals to generate 100% electricity from zero-carbon resources by 2040 and reduce greenhouse gas emissions from 85% below 1990 levels by 2050.

174 Power Global plans to re-purpose and construct the East River Energy Storage Project on leased property owned by the New York Power Authority on the site once occupied by the former Charles Poletti power plant. Earlier this year, the East River Energy Storage Project was issued a negative declaration under the New York State Environmental Quality Review Act and is slated to begin operations in 2023. It is the largest battery energy storage project in late stages of development in New York State under contract with a utility.

The East River Battery Energy Storage Project is expected to be able to store or release electricity on demand, thus helping to support the integration of new sources of renewable energy like offshore wind, hydro, and solar generation to replace energy produced by a fleet of fossil fuel plants. Generating power from energy discharged by the battery system can aid in improving air quality and can lead to greenhouse gas reductions by offsetting carbon intensive peak generation since the batteries charge during times of low demand and can generate energy during peak periods. The benefits of adding more energy storage to New York City means a more energy resilient future while improving grid reliability using generating assets located in the region.

"Energy storage technology has emerged as an essential component of the energy landscape and the proliferation of energy storage projects in New York is critical to meeting the state’s ambitious climate change goals,” said 174 Power Global President and CEO, Henry Yun, PhD. “We are pleased to receive approval from the PSC and are one step closer to bringing clean power, as well as other regional electricity and economic benefits, to the Astoria community and state.”

“Battery storage is essential to our quest to create a clean energy future and prevail against climate change,” said Leonard Singh, senior vice president, Customer Energy Solutions, for Con Edison. “Bulk storage will let us bring large amounts of renewable energy to our customers without compromising our industry-leading reliability, even as fossil fuel generators in New York City are shuttered into retirement.”

“The PSC’s approval of this adaptive reuse project on NYPA’s site in Astoria is a big win for New York State and specifically the Queens community and demonstrates an important step towards achieving our ambitious clean energy goals,” said Gil C. Quinones, NYPA president and CEO. “Large-scale battery storage provides the opportunity for greater flexibility and resiliency of the electric grid and will support the growth of renewable energy for decades to come.”

The Project is expected to achieve commercial operation on January 1, 2023, further advancing 174 Power Global’s position in the Northeast. In 2019, 174 Power Global acquired a New York based solar and storage company, now 174 Power Global NE, creating over 25 megawatts of renewable energy for commercial and industrial clients that improves the environment by working with local businesses to meet sustainability goals and manage their long-term energy costs.

About 174 Power Global

174 Power Global is a leading solar and energy storage company that is wholly owned by the Hanwha Group, with offices in NYC and in California. With deep expertise across the full spectrum of the project development cycle, 174 Power Global works closely with utilities, landowners, local communities, financial investors, and other partners to build highly productive, utility scale and C&I solar power plants throughout North America. Since its formation in 2017, 174 Power Global has signed nearly 2 gigawatts (GW) of power purchase agreements and has more than 6 GW of additional projects in the development pipeline. 174 Power Global’s name was inspired by the 174 petawatts (PW) of power the earth receives from the sun at any moment. For more information, visit: www.174powerglobal.com/

About Con Edison

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation’s largest investor-owned energy companies, with approximately $13 billion in annual revenues and $59 billion in assets. The utility delivers electricity, natural gas and steam to 3.4 million customers in New York City and Westchester County, N.Y. For financial, operations and customer service information, visit www.conEd.com.

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Highly Accretive Transaction Creates Second Largest U.S.-listed Tanker Company by Vessel Count and Third Largest by Dwt

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today the completion of its previously announced merger with Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”). The combined company will continue to operate as International Seaways and trade on the New York Stock Exchange under the symbol INSW. The Company expects to achieve cost synergies in excess of $23 million and revenue synergies of $9 million, which are expected to be fully realizable within 2022.

Following the completion of the merger, International Seaways is now the second largest U.S.-listed tanker company by vessel count with over 100 vessels and the third largest by deadweight (“dwt”), aggregating approximately 11.3 million dwt. The merger enhances INSW’s capabilities in both the crude and product markets and creates “power alleys” for INSW in the large crude—VLCC and Suezmax—and LR1/Panamax and MR markets.

In accordance with the terms of the Merger Agreement, which was approved by INSW and Diamond S Shareholders at their respective special meetings held on July 13, 2021, pre-merger INSW shareholders own approximately 55.75% of the equity of the combined company and former DSSI stockholders own approximately 44.25%. On July 15, 2021, pre-merger INSW shareholders of record as of July 14, 2021, received a special dividend of $1.12 per share.

“We are pleased to complete this transformational and highly accretive transaction, solidifying our position as a diversified tanker sector bellwether,” said Lois Zabrocky, INSW’s President and CEO. “With enhanced scale, financial strength and commercial expertise, we have markedly strengthened our position to capitalize on favorable long-term industry fundamentals in both the crude and product markets. As we integrate the combined company, our focus will remain on further executing our balanced and accretive capital allocation strategy, while upholding our best-in-class ESG track record and continuing to deliver safe and efficient transportation of energy cargoes for our world-class customers. We welcome the newest members of our team and look forward to working together to create lasting value for all stakeholders.”

About International Seaways, Inc.

International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets. International Seaways owns and operates a fleet of 102 vessels, including 13 VLCCs (including 3 newbuildings), 15 Suezmaxes, five Aframaxes/LR2s, 13 Panamaxes/LR1s, 48 MR tankers and six Handy tankers. Through joint ventures, it has ownership interests in two floating storage and offloading service vessels. International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency. International Seaways is headquartered in New York City, NY. Additional information is available at https://www.intlseas.com.

Forward-Looking Statements

This release contains forward-looking statements. In addition, the Company may make or approve certain statements in future filings with the U.S. Securities and Exchange Commission (SEC), in press releases, or in oral or written presentations by representatives of the Company. All statements other than statements of historical facts should be considered forward-looking statements. These matters or statements may relate to the Company’s merger with Diamond S and plans to issue dividends, its prospects, including statements regarding vessel acquisitions, expected synergies, trends in the tanker markets, and possibilities of strategic alliances and investments. Forward-looking statements are based on the Company’s current plans, estimates and projections, and are subject to change based on a number of factors. Investors should carefully consider the risk factors outlined in more detail in the Annual Report on Form 10-K for 2020 for the Company, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, the Company’s amendment to its Registration Statement on Form S-4 dated June 3, 2021, and in similar sections of other filings made by the Company with the SEC from time to time. The Company assumes no obligation to update or revise any forward-looking statements. Forward-looking statements and written and oral forward-looking statements attributable to the Company or its representatives after the date of this release are qualified in their entirety by the cautionary statements contained in this paragraph and in other reports previously or hereafter filed by the Company with the SEC.

Investor Relations & Media:
David Siever, International Seaways, Inc.
(212) 578-1635
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GUANGZHOU, China--(BUSINESS WIRE)--$XPEV #EV--XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV, HKEX: 9868.HK), a leading Chinese smart electric vehicle company, announced today that the XPeng P7 electric sports sedan became the first to receive the 5-star rating from the i-VISTA (Intelligent Vehicle Integrated Systems Test Area) intelligent vehicle testing platform in China. The P7 was among the first batch of vehicles tested by i-VISTA under its Intelligent Vehicle Index evaluation system, based on its new 2020 guidelines.

The P7 achieved four “Excellent” ratings from i-VISTA in smart driving, smart safety, smart interaction, and smart energy efficiency.

The car also obtained “Excellent” ratings in lane change assist, AEB emergency braking, LDW lane departure warning, as well as in smoothness and richness of touchscreen and voice interaction.

Operating under the guidance of the China Automotive Research Institute, the China Society of Automotive Engineering and the China Association of Automobile Manufacturers, the i-VISTA China Intelligent Vehicle Index draws on both domestic and foreign testing and evaluation methodology for smart and connected vehicles, integrating these with driving data, driver behavior and Chinese market characteristics, including traffic accident data and other research findings.

The P7’s autonomous driving assistance system is equipped with 31 autonomous driving sensors powered by the Xavier System-on-Chip supercomputing platform, 5 high-precision millimeter wave radars, 12 ultrasonic sensors, 4 autonomous driving surround-view cameras, 10 autonomous driving high-sensitivity cameras and sub-systems, supporting its meter-level high-precision positioning system. Its comprehensive perception-fusion capability provides the P7 with omnidirectional perception for road conditions, traffic hazards, and other vehicles, pedestrians and objects, covering far, middle and close distance.

The centerpiece of its interactive touchscreen system, the P7’s central control panel, is powered by an auto-grade 820A Qualcomm chip, delivering high performance, data security and stability with low energy consumption. The P7 is also the world's first production vehicle with a full-scenario voice assistant.

As of March 31, 2021, XPeng's adaptive cruise control function has been utilized for a cumulative total of 61.4 million kilometers, with its lane centering control function utilized for 30.2 million kilometers. In March 2021, the average monthly utilization rate of adaptive cruise control and the lane centering control was 62% and 43%, respectively.

P7s in China received XPeng’s Valet Parking Assist (beta) version via the latest firmware OTA upgrade in June this year, following the successful launch of the Navigation Guided Pilot (NGP) highway solution in January 2021.

Photo & video library:
https://drive.google.com/drive/u/0/folders/1J1y5iwgvO-MSldQYawKjTwh0QjMQJokQ

About XPeng Inc.

XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers in China. Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future. In order to optimize its customers’ mobility experience, XPeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. XPeng is headquartered in Guangzhou, China, with offices in Beijing, Shanghai, Silicon Valley and San Diego. The Company’s Smart EVs are manufactured at its plant in Zhaoqing, located in Guangdong province. For more information, please visit https://en.xiaopeng.com.

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For Media Enquiries:
Marie Cheung
XPeng Inc.
Tel: +852 9750 5170 / +86 1550 7577 546
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DUBLIN--(BUSINESS WIRE)--The "Catalyst Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026" report has been added to ResearchAndMarkets.com's offering.

The report on the global catalyst market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global catalyst market to grow with a CAGR of 4.0% over the forecast period from 2020-2026. The study on catalyst market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on catalyst market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global catalyst market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global catalyst market over the period of 2018 to 2026. Further, the Publisher's Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Segment Covered

The global catalyst market is segmented on the basis of type, material, and application.

The Global Catalyst Market by Material

• Zeolites
• Chemicals

The Global Catalyst Market by Application

• Chemical Synthesis
• Petroleum Refining
• Pharmaceutical
• Others

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the catalyst market.

2. Complete coverage of all the segments in the catalyst market to analyze the trends, developments in the global market and forecast of market size up to 2026.

3. Comprehensive analysis of the companies operating in the global catalyst market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. The Publisher's Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Market Dynamics

Drivers

• Growing demand petroleum refining industry
• Growing demand from chemical manufacturing industry
• Growing demand from pharmaceutical industry

Restraints

• The prices of raw material are volatile

Opportunities

• Growing investment of companies in R&D of catalysts

Companies Mentioned

• BASF SE
• The Dow Chemical Company
• Honeywell UOP
• Zeolyst International
• W.R. Grace and Co
• E. I. du Pont de Nemours and Company
• ExxonMobil Chemicals Co
• Johnson Matthey PLC
• Chevron Phillips Chemical Company LP

For more information about this report visit https://www.researchandmarkets.com/r/vyw60z

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Approximately 37% of Unaffiliated Shareholders Who Voted Opposed Four Targeted Company Director Nominees – Sending a Clear Message that Change is Needed at GeoPark

WICHITA, Kan.--(BUSINESS WIRE)--Gerald O’Shaughnessy, the co-founder, former Chairman and second largest shareholder of GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK) today issued the following statement regarding the preliminary voting results from the 2021 GeoPark Annual General Meeting (“the Meeting”) held today:

“With today’s vote, we believe that shareholders have sent a clear message that the status quo should not continue at GeoPark. Based on information available to us, approximately 37 percent of unaffiliated shareholders (shareholders who are not officers or directors of GeoPark) who voted opposed the election of the four Company director nominees we had targeted. I plan to continue to act as an advocate for shareholders so that value is maximized for all shareholders and GeoPark can reach its full potential.”

Investors:
D.F. King & Co., Inc.
Edward McCarthy / Richard Grubaugh
(212) 269-5550
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Media:
Sloane & Company
Dan Zacchei / Joe Germani
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