TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) is pleased to publish its inaugural Sustainability Report which outlines its established environmental, social and governance practices. The report includes insight into Superior’s 2020 operations and future milestones, and the Sustainability Report is available at www.superiorplus.com/investor-relations/financial-reports/.

“Our inaugural Sustainability Report is a natural next step in our sustainability journey,” said Luc Desjardins, President and Chief Executive Officer. “While safety and sustainability practices are already deeply embedded across our business, we have completed critical work to identify focus areas that are important to our business and stakeholders and align with our growth strategy. This report and the work involved is just the beginning of our sustainability journey. Together, they set the stage for us to develop an enterprise-wide sustainability strategy that is grounded in meaningful targets, ongoing transparency and regular performance reporting.”

About the Corporation
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada.

For further information about Superior, please visit our website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Toll Free: 1-866-490-PLUS (7587).

Forward Looking Information
This news release contains certain forward-looking information and statements that are based on Superior’s current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In this news release, such forward-looking information and statements can be identified by terminology such as “will”, "expects", "annualized", and similar expressions.

In particular, this news release contains forward-looking statements and information relating to the development of an enterprise-wide sustainability strategy that is grounded in meaningful targets, ongoing transparency and annual performance reporting. These forward-looking statements are being made by Superior based on certain assumptions that Superior has made in respect thereof as at the date of this news release, regarding, among other things: the success of Superior’s operations; prevailing commodity prices, margins, volumes and exchange rates; that Superior’s future results of operations will be consistent with past performance and management expectations in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements; future operating costs; that any required commercial agreements can be reached; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive entities and pricing; reliance on key industry partners and agreements; actions by governmental or regulatory authorities including changes in tax laws and treatment, or increased environmental regulation; adverse general economic and market conditions in Canada, North America and elsewhere; fluctuations in operating results; labour and material shortages; and certain other risks detailed from time to time in Superior’s public disclosure documents including, among other things, those detailed under the heading "Risk Factors" in Superior’s management's discussion and analysis and annual information form for the year ended December 31, 2020, which can be found at www.sedar.com.

Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.

Beth Summers, Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran, Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll Free: 1-866-490-PLUS (7587)

• V₂O₅ production of 1,986 tonnes (4.4 million lbs¹) in Q1 2021 vs. 2,831 tonnes in Q1 2020; Lower production in Q1 2021 was largely a result of the planned shutdown associated with the Company’s cost-efficient nameplate capacity increase
• Commissioning and ramp up of cost-efficient nameplate capacity increase to 1,100 tonnes of V₂O₅ per month to be completed by the end of Q2 2021
• Global V₂O₅ recovery rate² of 77.4% in Q1 2021, a 3% decrease over Q1 2020
• Total V₂O₅ equivalent sales of 2,783 tonnes in Q1 2021, a 12% decrease over Q1 2020 mainly due to lower production during Q1 2021
• Strong vanadium price increases with main indexes in Europe and U.S. up approximately 30% to 50% in Q1 2021 on the back of solid demand in all key regions
• 2021 production, sales and cost guidance maintained

TORONTO--(BUSINESS WIRE)--$LGO #VRFB--Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) announces first quarter 2021 production and sales results from its Maracás Menchen Mine featuring quarterly production of 1,986 tonnes (4.4 million lbs¹) of vanadium pentoxide (“V₂O₅”) and sales of 2,783 tonnes of V₂O₅ equivalent.

Paulo Misk, President and Chief Executive Officer for Largo, stated: "Production was largely impacted during the quarter as a result of the planned shutdown to complete the upgrades and improvements associated with the Company’s cost-efficient nameplate increase to 1,100 tonnes of V₂O₅ per month. The related work for this project concluded in January 2021 and we expect to reach the new nameplate capacity by the end of Q2 2021, following the required commissioning and ramp up phases." He continued: “Strong vanadium demand in the Company’s key regions has continued in Q1 2021 with solid volume increases in the steel and chemical sectors. This was highlighted by a more than 50% increase in Europe’s average V₂O₅ price per lb during Q1 2021 as quoted by Fastmarkets Metal Bulletin. As a result of the severe impacts of COVID-19 pandemic, vanadium demand from the aerospace sector continues to lag, but we expect a gradual recovery from Q3 2021 onwards. Overall vanadium demand is expected to remain solid throughout 2021 as stimulus packages linked to the COVID-19 economic recovery are implemented. A continuous focus on global carbon emission reduction will also support the increased use of vanadium in the traditional steel market as well as in the fast-growing long duration energy storage sector. Recent sales of large scale VRFB systems around the world is further confirming the adaptation of this technology and we remain extremely focused on developing our clean energy division to service to this market with our VCHARGE± battery.”

A summary of the Company’s Q1 2021 production and sales results is presented below:

Q1 2021 Production Results

Total production from the Maracás Menchen Mine was 1,986 tonnes of V₂O₅, representing a decrease of 30% over Q1 2020. This reduction is largely a result of the planned shutdown to implement upgrades to the kiln and improvements in the cooler. During this shutdown, the Company increased its intermediate stockpiles which is expected to benefit production in the next quarter. Following the commissioning and ramp up phase, these upgrades are expected to increase the Company’s nameplate capacity to 1,100 tonnes of V₂O₅ per month by the end of Q2 2021. The Company also conducted a preventative maintenance program downstream of the kiln and cooler during this downtime.

In Q1 2021, 263,966 tonnes of ore with an effective V₂O₅ grade³ of 1.22% were mined compared to 203,966 tonnes in Q1 2020 with an effective V₂O₅ grade³ of 1.61%. The Company also produced 100,467 tonnes of concentrate ore with an average V₂O₅ grade of 3.21% in Q1 2021 compared to 100,072 tonnes in Q1 2020 with an average V₂O₅ grade of 3.36%.

The Company achieved a global V₂O₅ recovery rate² of 77.4% in Q1 2021 representing a decrease of 3.0% over Q1 2020 (79.9%). This is primarily due to the planned shutdown in January 2021 and the subsequent commissioning and ramp up activities in February and March 2021. These activities are expected to conclude by the end of Q2 2021 at which point the Company expects the global recoveries² will return to levels achieved in 2020.

COVID-19 Preventative Measures

The Company continues to monitor the evolving COVID-19 pandemic and has taken preventative measures at its mine site and corporate offices to mitigate potential risks. Although there have been some challenges with logistics, there continues to be no significant impact on the Company’s production or on the shipment of products out of Maracás. To date, there continues to be no significant disruption to the Company's supply chain for its operations and the level of critical consumables continues to be at normal levels. In addition, the restrictions imposed by the government in Brazil have not significantly impacted operations. The Company continues to follow the recommendations provided by health authorities and all corporate office personnel have been instructed to work from home where possible. The Company continues to staff critical functions at the Maracás Menchen Mine and has encouraged those in non-essential roles to work from home.

The Company's 2021 guidance is presented on a "business as usual" basis. The Company continues to monitor measures being imposed by governments globally to reduce the spread of COVID-19 and the impact that this may have on the Company’s operations, sales and guidance for 2021. Although these restrictions have not, to date, had a material impact on the Company’s operations and sales, the potential future impact of COVID-19 both in Brazil and globally could have a significant impact on the Company’s operations, sales efforts and logistics. The Company is continuing to monitor the rapidly developing impacts of the COVID-19 pandemic and will take all possible actions to help minimize the impact on the Company and its people. However, these actions may significantly change the guidance and forecasts presented and will, if and when necessary, update its guidance accordingly.

About Largo Resources

Largo Resources is an industry preferred, vertically integrated vanadium company. It services multiple vanadium market applications through the supply of its unrivaled VPURE™ and VPURE+™ products, from one of the world’s highest-grade vanadium deposits at the Company’s Maracás Menchen Mine located in Brazil. Largo is also focused on the advancement of renewable energy storage solutions through its world-class VCHARGE± vanadium redox flow battery technology. The Company's common shares are listed on the Toronto Stock Exchange under the symbol "LGO".

For more information on Largo and VPURE™, please visit www.largoresources.com and www.largoVPURE.com.

For additional information on Largo Clean Energy, please visit www.largocleanenergy.com.

Forward-looking Information:

This press release contains forward-looking information under Canadian securities legislation, some of which may be considered "financial outlook" for the purposes of application Canadian securities legislation ("forward-looking statements"). Forward-looking information in this press release includes, but is not limited to, statements with respect to the timing and amount of estimated future production and sales; costs of future activities and operations; the extent of capital and operating expenditures; the iron ore price environment, the timing and cost related to the build out of the ilmenite plan, eventual production from the ilmenite plant, the ability to sell ilmenite on a profitable basis and the extent and overall impact of the COVID-19 pandemic in Brazil and globally. Forward-looking information in this press release also includes, but is not limited to, statements with respect to our ability to build, finance and operate a VRFB business, our ability to complete a listing on the Nasdaq, our ability to protect and develop our technology, our ability to maintain our IP, our ability to market and sell our VCHARGE± battery system on specification and at a competitive price, our ability to secure the required production resources to build our VCHARGE± battery system, our ability to produce iron ore and the adoption of VFRB technology generally in the market. Forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Largo or Largo Clean Energy to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Largo and in its public documents filed on SEDAR from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Largo has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Largo does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Largo's annual and interim MD&As which also apply.

¹ Conversion of tonnes to pounds, 1 tonne = 2,204.62 pounds or lbs.
² Global recovery is the product of crushing recovery, milling recovery, kiln recovery, leaching recovery and chemical plant recovery.
³ Effective grade represents the percentage of magnetic material mined multiplied by the percentage of V2O5 in the magnetic concentrate.

Investor Relations:
Alex Guthrie
Senior Manager, External Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +1 416-861-9797

Media Enquiries:
Crystal Quast
Bullseye Corporate
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +1 647-529-6364

Cements Bollinger’s position as the largest American privately-owned and operated shipbuilder in the United States

Transaction includes 437-acre waterfront facility with 198,000 sq. ft. of existing operations, fabrication and warehouse space, and 4 floating drydocks

Acquisition expands new construction and repair capacity and capabilities to better serve key defense and commercial customers

LOCKPORT, La.--(BUSINESS WIRE)--Bollinger Shipyards (“Bollinger”), a privately-held leading designer and builder of steel military and commercial vessels for the past three quarters of a century, today announced that it has acquired Gulf Island Fabrication, Inc.’s (“Gulf Island”) (NASDAQ: GIFI) Shipyard facilities, expanding Bollinger’s new construction and repair capacity and capabilities to better serve its key defense and commercial customers. Financial terms of the transaction were not disclosed.

This acquisition creates expanded opportunities for Bollinger to better serve and deepen its relationships with key defense and commercial customers with an increased capacity for new projects and footprint, access to a larger workforce skilled in steel construction, improved efficiencies and enhanced economies of scale. Current customers for Bollinger include the U.S. Coast Guard, U.S. Navy, General Dynamics-Electric Boat, and non-defense and commercial customers servicing energy production to dredging. Gulf Island had been building the Towing, Salvage and Rescue Ships (T-ATS) for the U.S. Navy and Regional Class Research Vessels for the National Science Foundation and Oregon State University. These projects conveyed with the transaction.

“The addition of the new Houma shipyard further strengthens our position within the U.S. defense industrial base as a leading shipbuilder and vessel repair company,” said Ben Bordelon, CEO and President of Bollinger Shipyards. “For 75 years, we’ve developed a deep expertise in and proven track record of building reliable, high endurance steel vessels for the Coast Guard, Navy and our commercial customers. As the needs of these customers change and grow, we are constantly looking for ways to invest in and expand our capabilities and innovative solutions so that we can continue to provide them with the highest levels of quality, support and service in our industry.”

Bordelon continued, “For three quarters of a century, Bollinger’s greatest strength has and continues to be our people and their American ingenuity and quality craftsmanship. I am excited to welcome the Gulf Island Shipyard employees into the Bollinger family. Together, we will ensure that the ‘Bollinger Standard’ will be the high bar we measure ourselves against for superior quality and safety as we work to deliver the next generation of American made high-performance vessels for our government and commercial customers.”

The new Bollinger Houma facility encompasses 437 acres on the west bank of the Houma Navigation Canal, of which 283 acres is unimproved land that is available for expansion. The facility includes 18,000 square feet of administrative and operations facilities, 160,000 square feet of covered fabrication facilities and 20,000 square feet of warehouse facilities. It also has 6,750 linear feet of water frontage, including 2,350 feet of steel bulkheads. Located just 30 miles from the Gulf of Mexico, the strategic location provides short and unrestricted access to the newly acquired Houma facility from open waters.

The acquisition also includes a 15,000-short ton drydock, a 4,000-short ton drydock, a 3,000-short ton drydock and a 1,500-short ton drydock.

Bollinger’s acquisition increases the shipyard’s growing new construction and repair portfolio. In December of last year, Congress appropriated funds for Bollinger to build four additional Sentinel Class Fast Response Cutters (FRC) for the U.S. Coast Guard. In addition to construction of the FRC, Bollinger is under contract to construct an Ocean Transport Barge and Floating Dry Dock for General Dynamics Electric Boat Division. In addition, Bollinger is participating in industry studies for five Government programs, including the U.S. Coast Guard’s Offshore Patrol Cutter (OPC) program, the U.S. Navy’s Common Hull Auxiliary Multi-Mission Platform (CHAMP) program, the U.S. Navy’s Auxiliary General Ocean Surveillance (T-AGOS(X)) program, the U.S. Navy’s Large Unmanned Surface Vehicle (LUSV) program and the U.S. Navy’s Light Amphibious Warship (LAW) program.

About Bollinger Shipyards LLC

Bollinger Shipyards LLC (www.bollingershipyards.com) has a 75-year legacy as a leading designer and builder of high performance military patrol boats and salvage vessels, research vessels, ocean-going double hull barges, offshore oil field support vessels, tugboats, rigs, lift boats, inland waterways push boats, barges, and other steel and aluminum products from its new construction shipyards as part of the U. S. industrial base. Bollinger has 11 shipyards, all strategically located throughout Louisiana with direct access to the Gulf of Mexico, Mississippi River and the Intracoastal Waterway. Bollinger is the largest vessel repair company in the Gulf of Mexico region.

Media
Eric Bollinger
Vice President of Sales
Tel.: 985-532-2554
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

TJ Tatum
Sard Verbinnen & Co.
Tel.: 954-649-3581
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "Autonomous Ships Market by Level of Autonomy, Ship Type, Component and Fuel Type: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

Autonomous ships are the self-driving vessels that operate on the surface of water without any crew present on the ship. They are piloted by means of artificial intelligence and can be unmanned vessels functioning as a type of seafaring drone. They are combined with advanced sensors which give a precise image of the surrounding to the artificial intelligence system of the ship making it to operate accordingly.

The component used in autonomous ships are supported by the services such as IoT, Artificial intelligence (AI) and others, which help to follow mission plans, adjust mission execution, and sense the environment with the necessary decision logic. Presently, there is a demand for smart and autonomous ships which can reduce the human involvement in the operation. One of the major factors that drive the autonomous ships market share is increase in seaborne trades across the globe.

The autonomous ships market is segmented based on the level of autonomy, component, ship type, fuel type, channel type, and region. On the basis of level of autonomy, the market is divided into semi-autonomous and fully autonomous ships. Depending on the ship type, the market is categorized into commercial ships, defense ships, and passenger ships. By fuel type, the market is classified into carbon neutral fuels, liquefied natural gas, electric batteries, and heavy fuel oils. And based on component, the market is divided into hardware and software. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits for Stakeholders

• This study presents the analytical depiction of the autonomous ships market along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
• The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the market.
• Porter's five forces analysis illustrates the potency of the buyers and suppliers.

Market Dynamics

Drivers

• Increase in demand for cargo transportation through marines
• Increase in operational safety of ships

Restraints

• Risk of exploitation by hacking
• Complexity of the network

Opportunities

• Anticipated trend of automation in marine transportation
• Increase in marine safety norms

Company Profiles

• ABB Ltd.
• L3 ASV
• Mitsui O.S.K. Lines
• Northrop Grumman
• Honeywell International
• Ulstein Group Asa
• Wartsila
• Kongsberg Gruppen
• Rolls Royce
• Marine Technologies, LLC

For more information about this report visit https://www.researchandmarkets.com/r/8pj4u0

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

FORT WORTH, Texas--(BUSINESS WIRE)--FTS International, Inc. (NYSE American: FTSI) announced today that it will release its financial results for the first quarter ended March 31, 2021 on Tuesday, May 4, 2021 after the market closes. FTS International will hold a conference call that will also be webcast on its website on Wednesday, May 5, 2021 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss the results.

Presenting the Company’s results will be Michael Doss, Chief Executive Officer, who will then be joined by Buddy Petersen, Chief Operating Officer and Lance Turner, Chief Financial Officer, for Q&A.

Please see below for instructions on how to access the conference call and webcast.

About FTS International, Inc.

Headquartered in Fort Worth, Texas, FTS International is a pure-play hydraulic fracturing service company with operations across multiple basins in the United States.

To learn more, visit www.FTSI.com.

Lance Turner
Chief Financial Officer
817-862-2000
This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) (“Genesis” or the “Company”) today announced the commencement of a registered, underwritten public offering of $200,000,000 in aggregate principal amount of 8.0% senior unsecured notes due 2027. The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation (“GEFC”), and will be guaranteed, with certain exceptions, by substantially all of our existing and future subsidiaries other than our unrestricted subsidiaries. The notes offered will be issued as additional notes, and are expected to rank equally with, and be treated as a single class of notes under the indenture pursuant to which the Company and GEFC issued $750,000,000 aggregate principal amount of their currently outstanding 8.0% senior unsecured notes due 2027 on December 17, 2020. We intend to use the net proceeds from the offering of notes for general partnership purposes, including repaying a portion of the revolving borrowings outstanding under our credit facility.

BofA Securities, Inc. is leading the offering along with several joint book-running managers and co-managers. A copy of the preliminary prospectus supplement and accompanying base prospectus relating to this offering, when available, may be obtained from BofA Securities, Inc. NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, Email: This email address is being protected from spambots. You need JavaScript enabled to view it..

You may also obtain these documents for free, when they are available, by visiting the SEC’s website at www.sec.gov.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offer is being made only through the prospectus supplement and accompanying base prospectus, each of which is part of our effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission.

Genesis is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

This press release includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, no assurance can be given that our goals will be achieved, including statements regarding our ability to successfully close the offering and to use the net proceeds as indicated above. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward-looking statement.

Genesis Energy, L.P.
Ryan Sims
SVP – Finance and Corporate Development
(713) 860-2521

More support available to customers before, during and after PSPS events

SAN FRANCISCO--(BUSINESS WIRE)--As part of its ongoing efforts to keep customers and communities safe, Pacific Gas and Electric Company (PG&E) has added numerous resources to further support customers and communities before, during and after Public Safety Power Shutoffs (PSPS). During severe weather, PG&E may need to turn off power for public safety as high winds can cause tree branches or debris to contact energized electric lines, which could damage electrical equipment and cause a major wildfire.

“We understand that being without power is a hardship on our customers,” said Marlene Santos, EVP of Customer Care and Chief Customer Officer. “That is why we are continuing to listen to our customers and respond to their feedback by providing the information and tools they need to help lessen the impact of PSPS events.”

More PSPS Resources for 2021
To continue to support customers before, during and after PSPS events, PG&E is:

• Refining customer notifications to provide better information in 16 languages about when power will be turned off and back on.
• Providing Address Alerts, which allow customers and non-account holders to receive notifications about PSPS events for any address they care about.
• Continuing to expand the network of event-ready, ADA-accessible indoor Community Resource Center sites, which include basic medical equipment charging, device charging, Wi-Fi and other amenities.
• Expanding meal replacement resources from local food banks to cover every county likely to be impacted by a PSPS event. A combination of perishable and nonperishable food will be available up until three days after restoration from a PSPS event.
• Providing customers who depend on well water pumps and live in high fire-threat areas with rebates for purchasing a qualified portable power generator through the Generator Rebate Program.
• Helping communities plan and implement their own electric microgrid through the Community Microgrid Enablement Program.

Additional Support for Customers with Medical and Independent Living Needs
To further support customers in the access and functional needs (AFN) population, PG&E is providing additional resources including:

• Growing PG&E’s network of community-based organization partnerships focused on serving customers in the AFN community with accessible transportation resources, hotel accommodations and food stipends, emergency preparedness outreach and education and Medical Baseline Program enrollment.
• Providing a total of 11,500 portable batteries to customers with medical or independent living needs through both the portable battery program and community-based organization partnerships, cumulative over two years (9,000 portable batteries to low-income Medical Baseline customers in high fire-threat areas impacted by two or more PSPS events and an additional 2,500 portable batteries to customers with medical or independent living needs).
• Expanding notifications for those with medical needs by allowing customers to self-certify as being medically vulnerable.
• Providing additional meals to seniors impacted by a PSPS event through a Meals on Wheels partnership.

Continuing to Build a Safer System
We are continuing to make our system safer and more resilient to reduce PSPS events for our customers and communities. There is no single solution to wildfire safety, which is why we are continuing to evolve and improve all our wildfire safety programs including:

• Meeting and exceeding state vegetation standards across 1,800 miles to manage trees and other vegetation located near power lines that could cause a wildfire or power outage.
• Continuing to upgrade the electric grid by hardening at least 180 miles of power lines to reduce wildfire risks.
• Installing 250 sectionalizing devices to narrow the scope of PSPS events so fewer customers are without power.
• Piloting new technologies that detect threats to the electric grid and rapidly reduce or shut off power thus reducing the need for larger PSPS events.
• Employing new risk models to better pinpoint our wildfire safety prevention efforts.

Online Customer Resources

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

MEDIA RELATIONS:
415-973-5930

SAN ANTONIO, Texas--(BUSINESS WIRE)--The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $0.98 per share. The dividend is payable on June 8, 2021, to holders of record at the close of business on May 17, 2021.

About Valero
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 13 ethanol plants with a combined production capacity of approximately 1.69 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S. Valero is also a joint venture partner in Diamond Green Diesel, which owns and operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel is North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America. Approximately 7,000 outlets carry Valero’s brand names. Please visit www.investorvalero.com for more information.

Valero
Investors:
Homer Bhullar, Vice President – Investor Relations, 210-345-1982
Eric Herbort, Senior Manager – Investor Relations, 210-345-3331
Gautam Srivastava, Senior Manager – Investor Relations, 210-345-3992

Media:
Lillian Riojas, Executive Director – Media Relations and Communications, 210-345-5002

DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) plans to announce its quarterly financial results and hold conference calls to discuss the results on the following days in 2021:

• First Quarter 2021
  • Quarterly Financial Results: after the market close on Wednesday, May 5, 2021
  • Conference Call: Thursday, May 6, 2021, at 10 am ET
• Second Quarter 2021
  • Quarterly Financial Results: after the market close on Monday, August 9, 2021
  • Conference Call: Tuesday, August 10, 2021, at 9 am ET
• Third Quarter 2021
  • Quarterly Financial Results: after the market close on Wednesday, November 3, 2021
  • Conference Call: Thursday, November 4, 2021, at 10 am ET

Dial-in and passcode information for each conference call, as well as a live webcast, will be available on the Investors section of the Company’s website at www.cfindustries.com. Participants may pre-register for the webcast on the company’s website. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. A replay of the webcast will be available through the company’s website at www.cfindustries.com.

About CF Industries Holdings, Inc.

At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. Our employees are focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management. We are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the company’s website at www.cfindustries.com and encourages those interested in the company to check there frequently.

Media
Chris Close
Director, Corporate Communications
847-405-2542 – This email address is being protected from spambots. You need JavaScript enabled to view it.

Investors
Martin Jarosick
Vice President, Investor Relations
847-405-2045 – This email address is being protected from spambots. You need JavaScript enabled to view it.

FREMONT, Calif.--(BUSINESS WIRE)--$SEDG #SEDG--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, will report financial results for the first quarter 2021 after market close on Monday, May 3, 2021. Management will host a conference call at 4:30 P.M. ET on Monday, May 3, 2021 to discuss these results.

The call will be available, live, to interested parties by dialing:

A live webcast will also be available in the Investor Relations section of SolarEdge’s website at: http://investors.solaredge.com

A replay of the webcast will be available in the Investor Relations section of the company’s website approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days.

About SolarEdge

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com

Investor Contacts
SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263
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Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
+1 617-542-6180
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Utility filing on Advanced Metering System submitted to Texas regulators

EL PASO, Texas--(BUSINESS WIRE)--Access to detailed energy use and billing information; quicker response times to power outages; empowered customers with energy-saving tools; and, improved customer service. These benefits will all be part of the new normal for every El Paso Electric (EPE) customer as the Company files its Advanced Metering System (AMS) Deployment Plan today for approval by the Public Utility Commission of Texas (PUCT). With 80 percent of EPE’s service territory located in West Texas, the Company’s Texas service territory will join the rest of the state in offering this technology and its accompanying services to its customers.

“Every other major city in Texas has proven that this technology not only works but goes beyond by empowering customers with information and data on how to improve their energy usage. At the same time, it enables the electric utility to respond quickly to customer demand and outages,” shares EPE CEO Kelly A. Tomblin. “Our intention of introducing AMS to our region is to provide our Texas customers with the energy management tools they deserve that the rest of the state has come to know and enjoy for the last several years. These tools will become even more important as we increase transportation electrification and want to offer dynamic electric prices that provide lower rates during low cost periods.”

With the implementation of AMS technology, EPE will establish the foundation for grid modernization technologies that will enable significant customer benefits. The innovative technology inside advanced meters will allow for two-way communication between meters and EPE, offering customers:

• Improved customer access to their energy data – Detailed, near-real-time usage information gives customers more visibility and control over their energy use. 15-minute data increments will show residential customers their own energy use patterns and times of day they use the most energy, and every 5 minutes for commercial customers.
• Faster restoration – Outage locations and problems can be identified more efficiently, allowing for faster power restoration.
• Enhanced customer service – The data gathered by advanced meters assists our Customer Care representatives in expediting and more effectively addressing customer billing questions and concerns.
• Control costs – Customers can monitor costs with online access to customized energy usage analytics and get personalized tips to help avoid high bills.
• Even more pricing options – Identify and take advantage of dynamic customer pricing programs like time-of-use, prepay and other pricing rates that best match individual energy consumption behaviors.
• Remote meter reading and activation – Advanced meters can be read and controlled remotely by EPE, meaning no more waiting for estimated bills or meter read technicians allowing for easier service activations or transfers.
• Energy comparisons – Data analytics can help customers review and understand how their energy use compares to the previous year and to that of neighboring homes.

EPE’s AMS Deployment Plan, if approved, will begin with the implementation of data management systems and the installation of the communication network in 2022. Deployment of over 400,000 meters will follow thereafter starting in 2023 with an expected completion in 2025.

About El Paso Electric

El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately 443,240 retail and wholesale customers in a 10,000-square mile area of the Rio Grande valley in west Texas and southern New Mexico.

Epelectric.com | Facebook.com/ElPasoElectric | Twitter @ElPasoElectric

Javier C. Camacho
Public Relations Specialist
El Paso Electric Company
C: 915.487.4753
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SL Green recognized as one of the most sustainable organizations in the nation for the fourth consecutive year

NEW YORK--(BUSINESS WIRE)--SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that it has received a 2021 ENERGY STAR Partner of the Year Sustained Excellence Award for the fourth consecutive year. This award honors organizations across the United States that have implemented distinguished corporate energy management programs. Less than one percent of 16,000 U.S. Environmental Protection Agency (EPA) partners achieve the Sustained Excellence distinction.

The U.S. Department of Energy and EPA awarded SL Green this award, the highest level of EPA recognition, for its extensive tenant outreach on energy efficiency, educational programs and widespread promotion of ENERGY STAR tools and best practices. As a continued leader in this space, SL Green achieved ENERGY STAR labels for over 14 buildings covering 10.6 million square feet across its industry-leading portfolio in 2020.

“SL Green is dedicated to implementing the highest efficiency standards across our portfolio, not only for the benefit of our tenants but for the future sustainability of New York City. The ENERGY STAR Sustained Excellence Award is a testament to our conscious effort to reduce our carbon footprint and the unwavering commitment of SL Green’s ESG team to surpass our sustainability goals each year,” said Edward V. Piccinich, Chief Operating Officer, SL Green Realty Corp.

“ENERGY STAR award-winning partners are showing the world that delivering real climate solutions makes good business sense and promotes job growth,” said EPA Administrator Michael S. Regan. “Many of them have been doing it for years, inspiring all of us who are committed to tackling the climate crisis and leading the way to a clean energy economy.”

The EPA presents the Sustained Excellence Award to organizations that have already received ENERGY STAR Partner of the Year recognition for a minimum of two consecutive years and have gone above and beyond the criteria needed to qualify for recognition.

SL Green prioritizes an unrelenting focus on environmental stewardship to manage resource consumption while delivering best-in-class spaces for 150,000 tenant employees and will continue to ensure its portfolio has a significant influence on the low carbon future of New York City. The company’s robust sustainability and ESG initiatives include the use of recycled water, materials and overall sustainable development, building operations meeting or exceeding LEED, ENERGY STAR and BOMA standards, reducing building emissions through green lease efforts with tenants and more. To read SL Green’s 2020 ESG report and learn more, visit SL Green’s website at sustainability.slgreen.com.

About SL Green Realty Corp.

SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.

About ENERGY STAR

ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500 companies—rely on their partnership with EPA to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its thousands of partners helped American families and businesses save more than 4 trillion kilowatt-hours of electricity and achieve over 3.5 billion metric tons of greenhouse gas reductions. In 2018 alone, ENERGY STAR and its partners helped Americans avoid nearly $35 billion in energy costs. More background information about ENERGY STAR can be found at: energystar.gov/about and energystar.gov/numbers.

Forward Looking Statement

This press release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “project,” “continue,” or the negative of these words, or other similar words or terms.

Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties related to the on-going COVID-19 pandemic and the duration and impact it will have on our business and the industry as a whole and the other risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

SLG - SUST

Source: SL Green Realty Corp.

Matt DiLiberto
Chief Financial Officer
212.594.2700

BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), an exempted company incorporated under the laws of Bermuda announced today the early tender results of its previously announced (i) tender offer to purchase for cash (the “Tender Offer”) up to US$255,000,000 aggregate principal amount outstanding (the “Maximum Tender Amount”) of its 6.500% Senior Notes due 2024 (the “Notes”) (CUSIP Nos. 37255B AA7 / G38327 AA3 and ISIN Nos. US37255BAA70 / USG38327AA30) and (ii) solicitation of consents (the “Consent Solicitation”) for proposed amendments (the “Proposed Amendments”) to the related indenture (the “Indenture”) under which the Notes were issued. The Tender Offer and the Consent Solicitation are being made on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated April 6, 2021 (as amended, the “Statement”), and related consent and letter of transmittal (the “Letter of Transmittal” and, together with the Statement, the “Offer Documents”). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Statement.

According to information received from D.F. King & Co., Inc., the information agent (the “Information Agent”) for the Tender Offer and the Consent Solicitation, as of 5:00 p.m., New York City time, on April 19, 2021 (the “Early Tender Deadline”), the Company received Notes validly tendered and Consents representing an aggregate principal amount equal to US$334,233,000 (or 78.64% of the aggregate principal amount outstanding of Notes as of the date of this press release) and therefore has obtained the requisite consents necessary to give effect to the Proposed Amendments. Consequently, the Company expects to execute the second supplemental indenture to the Indenture (the “Second Supplemental Indenture”) effecting the Proposed Amendments on April 20, 2021, or promptly thereafter. The Second Supplemental Indenture will become effective upon its execution and delivery by the Company and the Trustee but will provide that the Proposed Amendments will not become operative until GeoPark has paid the Consent Payment in full.

In accordance with the terms of the Tender Offer and the Consent Solicitation, the Withdrawal Time expired at 5:00 p.m., New York City time, on April 19, 2021. As a result, Notes tendered in the Tender Offer and Consents delivered in the Consent Solicitation cannot be withdrawn or revoked, as applicable, except as may be required by applicable law.

The table below identifies the principal amount of Notes validly tendered in the Tender Offer as of the Early Tender Deadline:

(1) As of April 6, 2021. Upon settlement of the bonds tendered on the Initial Settlement Date, US$170,000,000 aggregate principal amount of the Notes will remain outstanding.
(2) As of the Early Tender Deadline, as reported by the Information Agent for the Tender Offer.

This press release is qualified in its entirety by the Offer Documents.

CONSIDERATION

Holders of Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Deadline and which are accepted for purchase pursuant to the Tender Offer will be eligible to receive the Total Consideration (as defined in the Statement), which is US$1,050 for each US$1,000 principal amount of Notes. The Total Consideration includes the Tender Offer Consideration (as defined in the Statement), which is US$1,000 for each US$1,000 principal amount of the Notes, plus the Early Tender Payment (as defined in the Statement) of US$50 for each US$1,000 principal amount of Notes which includes an amount in cash equal to US$2 (the “Consent Payment”) for each US$1,000 principal amount of Notes tendered by such Holders of Notes and accepted by the Company for purchase in the Tender Offer. In addition to the Total Consideration, Holders whose Notes are accepted for purchase pursuant to the Tender Offer on the Initial Settlement Date will receive Accrued Interest from the last interest payment date on such purchased Notes up to, but not including, the Initial Settlement Date. Tendered Notes and delivered Consents may no longer be withdrawn or revoked, as applicable, except as may be required by applicable law.

The Tender Offer is scheduled to expire at 11:59 p.m., New York City time, on May 3, 2021, unless extended or earlier terminated by the Company in its sole discretion, subject to applicable law (the “Expiration Time”). Because the Maximum Tender Amount set forth in the table above has been exceeded, if the Company accepts for purchase the Notes validly tendered on or prior to the Early Tender Deadline, the Company expects that any Notes validly tendered and accepted for purchase will be subject to proration and does not expect to purchase any Notes tendered after the Early Tender Deadline.

CONDITIONS

The Company may amend, extend or terminate the Tender Offer and the Consent Solicitation in its sole discretion, subject to applicable law.

The Tender Offer and Consent Solicitation are being made in connection with a concurrent offering of the Company’s 5.500% senior notes due 2027 (the “New Notes”). The Tender Offer and the Consent Solicitation are subject to, and conditioned upon, among other things, the Financing Condition (as defined in the Statement), the Second Supplemental Indenture Condition (as defined in the Statement) and the General Conditions (as defined in the Statement). As of the date of this press release, the Second Supplemental Indenture Condition is expected to be satisfied on April 20, 2021, or promptly thereafter.

SETTLEMENT

Subject to the terms and conditions of the Tender Offer and Consent Solicitation being satisfied or waived, and to the Company’s right to amend, extend, terminate or withdraw the Tender Offer and Consent Solicitation, the Company will make payment of the Total Consideration for all Notes validly tendered (and not validly withdrawn) prior to the Early Tender Deadline that are accepted by the Company on the business day the Company selects promptly following the Early Tender Deadline, or the business day on which the Company waives the conditions for the consummation of the Tender Offer and Consent Solicitation, which is expected to be April 26, 2021 (the “Initial Settlement Date”).

OTHER

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities. In addition, this press release is not a solicitation of consents with respect to the Proposed Amendment. The Tender Offer and the Consent Solicitation are being made only pursuant to the Offer Documents, copies of which will be delivered to holders of Notes. The Company has retained BofA Securities, Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC to serve as the dealer managers and solicitation agents for the tender offer. Questions regarding the tender offer may be directed to BofA Securities, Inc. at (888) 292-0070 or (646) 855-8998, Credit Suisse Securities (USA) LLC at (212) 325-2476 or (800) 820-1653, and J.P. Morgan Securities LLC at (866) 834-2045. Requests for documents may be directed to D.F. King & Co., the information agent for the Tender Offer and the Consent Solicitation, the tender agent for the Tender Offer and the tabulation agent for the Consent Solicitation, at (866) 207-3626 (toll-free) or at (212) 269-5550 (collect) or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..

The statement and the related letter of transmittal should be read carefully before a decision is made with respect to the tender offer and consent solicitation. No one of the company, any dealer manager and solicitation agent, the information agent, the tender agent, the tabulation agent or any trustee, paying agent, transfer agent or listing agent, makes any recommendation as to whether or not holders of notes should tender their notes or provide their consents.

The Tender Offer does not constitute, and may not be used in connection with, an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not permitted by law or in which the person making such offer or solicitation is not qualified to do so or to any person to whom it is unlawful to make such offer or solicitation.

In any jurisdiction where the securities, blue sky or other laws require tender offers to be made by a licensed broker or dealer and in which the dealer managers, or any affiliates thereof, are so licensed, the tender offer will be deemed to have been made by any such dealer managers, or such affiliates, on behalf of the Company.

The New Notes offered pursuant to the concurrent offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

The New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (“EEA”). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”); (ii) a customer within the meaning of Directive (EU) 2016/97 (the “Insurance Distribution Directive”), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (the “Prospectus Regulation”). Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) for offering or selling the New Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the New Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.

The New Notes are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor in the UK. For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the EUWA; (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (as amended, the “FSMA”) and any rules or regulations made under the FSMA to implement the Insurance Distribution Directive, where that customer would not qualify as a professional client as defined in point (8) of Article 2(1) of Regulation (EU) 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of the Prospectus Regulation. Consequently, no key information document required by the PRIIPS Regulation as it forms part of domestic law by virtue of the EUWA (the “UK PRIIPs Regulation”) for offering or selling the New Notes or otherwise making them available to retail investors in the UK has been prepared and therefore offering or selling the New Notes or otherwise making them available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.

ABOUT GEOPARK

GeoPark is a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Ecuador, Chile, Brazil and Argentina.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded by words such as “believes,” “expects,” “may,” “anticipates,” “plans,” “intends,” “assumes,” “will” or similar expressions. The forward-looking statements contained herein include statements about the Tender Offer and the offering of the New Notes. These expectations may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, GeoPark’s business and operations involve numerous risks and uncertainties, many of which are beyond the control of GeoPark, which could result in GeoPark’s expectations not being realized or otherwise materially affect the financial condition, results of operations and cash flows of GeoPark. Some of the factors that could cause future results to materially differ from recent results or those projected in forward-looking statements are described in GeoPark’s filings with the United States Securities and Exchange Commission.

The forward-looking statements are made only as of the date hereof, and GeoPark does not undertake any obligation to (and expressly disclaims any obligation to) update any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence of unanticipated events. In light of the risks and uncertainties described above, and the potential for variation of actual results from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results, events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise.

INVESTORS:
Stacy Steimel, This email address is being protected from spambots. You need JavaScript enabled to view it.
Shareholder Value Director
T: +562 2242 9600

Miguel Bello, This email address is being protected from spambots. You need JavaScript enabled to view it.
Market Access Director
T: +562 2242 9600

Diego Gully, This email address is being protected from spambots. You need JavaScript enabled to view it.
Investor Relations Director
T: +5411 4312 9400

MEDIA:
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COVID-19 pandemic continues to create major challenges for fuel merchants nationwide in meeting April liability shift deadline

MIAMI--(BUSINESS WIRE)--#Fraud--New data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, shows that as of April 17, 2021 — the extended EMV liability shift deadline — less than half (48%) of fuel merchants will meet EMV automated fuel dispenser (AFD) compliance mandates. As of the extended deadline, the liability for fraud will now shift from card issuers to fuel merchants.

ACI surveyed fuel merchants that collectively represent 45,000 gas stations nationwide — including major oil companies, grocers and convenience stores. The data showed that only 50 percent of fuel merchants who were not fully implemented expect to be EMV compliant by the end of 2021.

“Although previously protected from fraud losses, merchants will now bear the brunt of fraud overnight,” said Debbie Guerra, executive vice president, ACI Worldwide. “While EMV compliance is a major undertaking, and one that requires a significant capital investment, there is no doubt that the pandemic also played a big role in some fuel merchants’ inability to meet the April deadline. With overall diminished resources due to the pandemic and slow testing and certification, which is typically done in person, merchants have certainly been challenged.”

The ACI research also showed fuel merchants’ increased interest in implementing important security and fraud prevention measures such as point-to-point encryption (52%) and tokenization (39%). In ACI’s July 2020 survey, 37 percent were considering point-to-point encryption and 26 percent were considering tokenization.

“Fortunately, for fuel merchants and their customers, the upgrades required for EMV at the dispenser will increase point-to-point encryption technology adoption. The additional bandwidth will allow merchants to secure all of their payments upfront,” Guerra continued.

Key Findings:

EMV readiness by April 17 deadline:

• 48 percent of major fuel and convenience merchants have fully implemented EMV across all their gas stations.
• 26 percent have more than three quarters of their fuel stations fully upgraded.
• 22 percent currently have under half of their fuel stations fully upgraded.
• 4 percent have between half and three quarters of their stations fully upgraded.

Expected completion of EMV compliance:

• Of those that are not fully upgraded (52%):
  • 25 percent of major fuel and convenience merchants expect to be fully compliant by the second quarter of 2021.
  • An additional 25 percent of major fuel and convenience merchants expect to be fully compliant by the end of 2021.
  • 50 percent are unsure of when they will be fully compliant.

Fraud and security:

• More (52%) fuel and convenience merchants are considering point-to-point encryption this year compared to last year (37%).
• 39 percent are considering tokenization in 2021, an increase compared to 26 percent in 2020.

Digital payments and additional improvements:

• 91 percent of fuel merchants plan to implement contactless payments in 2021, an increase compared to 85 percent that were planning to do so in 2020.
• 78 percent are considering implementing mobile payment options in 2021, an increase compared to 70 percent in 2020.
• 48 percent are evaluating how to integrate loyalty initiatives at the fuel dispenser, a drop compared to 67 percent that were considering it in 2020.

See the EMV Readiness Survey Infographic for more information.

About ACI Worldwide

ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use our proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce.

© Copyright ACI Worldwide, Inc. 2021

ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

Media
Dan Ring
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781-370-3600

Nidhi Alberti
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781-370-3600

Additions strengthens leadership in the areas of Governance, Structuring and Investor Relations

LONDON--(BUSINESS WIRE)--#ESG--Altica Partners, a leading Africa-focused investment firm that provides credit strategies to Impact and ESG conscious institutional investors announced today, the appointment of Andrew Ofori as a Partner of the firm and a member of its investment committee. Andrew will lead Private Credit investments and expand the firm’s strategies targeting fast growing businesses in Africa.

Prior to Altica Partners, Andrew worked at Standard Chartered as the MEA Head of Structured Credit and Head of Private Side Structuring, where he led structured financings, Private debt and Derivative funding transactions. He was previously at Goldman Sachs, in Emerging Market Financing and European Special Situations, where he led private capital investments and executed numerous private lending transactions.

“We are delighted to welcome Andrew who brings two decades experience in Emerging and Developed markets credit” said Ebele Okeke, Managing Partner and CEO. “I am excited to continue the partnership we began at Goldman Sachs and his expertise in structuring, monitoring and risk management of private credit portfolios will be invaluable at Altica Partners”. Ofori will work on the flagship Africa Opportunities Fund targeting Senior, Mezzanine and Uni-tranche investments in high-growth businesses accelerating the pandemic recovery of Africa’s private sector.

The firm also announced new members of its Senior Advisory Board:

Andrew Gamble, consultant and non-executive director. During a long career as a lawyer and partner at Hogan Lovells LLP, his roles included head of the Africa and international banking practices where he advised the Governments of Sierra Leone, Mozambique and Ethiopia on their World Bank debt reduction programmes, Nigeria on its Paris Club and London Club Debts, and Ghana on the issue of inflation index-linked government bonds. He sits on the board of Zenith Bank UK and is chairman of a Singaporean start-up focused on B2B between Asia and Africa. He was previously an independent board director of Afreximbank and sits on the Governing Council of the Pan-African Payment and Settlement System.

Nick Tims, founder of Kivu Capital, an African Advisory firm and former Managing Director at Investec Asset Management (now Ninety-One Plc). Nick brings 30 years of financial services experience and led Investec’s capital raising in African private markets across Private Debt, Private Equity, Infrastructure Credit and Private Real Estate. He was previously Managing Director at Bank of America Merrill Lynch, as head of equity sales in London. He sits on the boards of three Africa-focused wildlife conservation organisations.

About Altica Partners

Altica Partners is a leading Africa-focused, multi-sector investment and advisory firm that invests in Public and Private Credit markets with differentiated strategies focused on generating returns with a focus on downside risk mitigation. Altica Risk Advisory commits intellectual and human capital to help companies grow and succeed in Africa by leveraging the firm’s regional experience in structuring, deploying capital and risk management.

More information at alticapartners.com and on LinkedIn @AlticaPartners.

Media Relations
Nicola Cuff
+44(0)207 019 9010
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~Moving ahead with remaining portion of previously announced $21 million in biogas upgrading system supply contracts for a project involving an oil and gas supermajor~

VANCOUVER, British Columbia--(BUSINESS WIRE)--$GRN #ESG--Greenlane Renewables Inc. (“Greenlane”) (TSX: GRN / FSE: 52G) today announced that its wholly-owned subsidiary, Greenlane Biogas North America Ltd. will begin immediate order fulfilment against the US$2.6 million ($3.3 million at current exchange rate) contract that was announced as part of the $21 million in contract wins for a dairy farm cluster in California on June 29, 2020. Order fulfillment against the first contract began immediately upon signing last June. The name of the supermajor involved in this project is not disclosed at this time.

The project will use Greenlane’s Pressure Swing Adsorption (“PSA”) biogas upgrading systems to create clean renewable natural gas (“RNG”) at a multi-location dairy farm cluster located in California through anaerobic digestion of the farm waste stream. The RNG will be supplied as fuel for the U.S. transportation sector.

“Greenlane’s biogas upgrading systems have been a feature installation on a project delivering RNG to the transportation sector,” said Brad Douville, President and CEO of Greenlane. “The project showcases the importance of carbon-negative RNG generated from dairy farm waste as a transportation fuel available today in the fight against climate change.”

Greenlane’s ability to provide a portfolio of biogas upgrading technologies is attractive for companies looking to build a portfolio of RNG projects that inherently have differences in size, feedstock composition and pipeline injection requirements, which always need an optimized solution with the best economics for each. Greenlane is the only biogas upgrading company to offer multiple core technologies: water wash, PSA, and membrane separation, to remove trace impurities from the biogas stream and separate carbon dioxide from biomethane to create a clean, high-purity low-carbon fuel: RNG, no matter the size, feedstock or application.

About Greenlane Renewables
Greenlane Renewables is a leading global provider of biogas upgrading systems that are helping decarbonize natural gas. Our systems produce clean, low-carbon and carbon-negative renewable natural gas from organic waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. Greenlane is the only biogas upgrading company offering the three main technologies: water wash, pressure swing adsorption, and membrane separation. With over 30 years industry experience, patented proprietary technology, and over 110 biogas upgrading systems supplied into 18 countries worldwide, including the world’s largest biogas upgrading facility, Greenlane is inspired by a commitment to helping waste producers, gas utilities or project developers turn a low-value product into a high-value low-carbon renewable resource. For further information, please visit www.greenlanerenewables.com.

FORWARD LOOKING INFORMATION – This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as “may”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen. In particular, this news release contains forward looking information relating to the expected order fulfillment of the $3.5 million contract; the use of Greenlane’s PSA technology to create clean renewable natural gas and the supply of renewable natural gas to the US transportation sector. The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including management's perceptions of future growth and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond the Company’s control, could cause actual results to differ materially from the forward-looking information in this press release. Such factors include, without limitation, risks identified in the Company's annual information form and in other documents filed with Canadian securities regulatory authorities on the Company's SEDAR profile at www.sedar.com. Readers are cautioned not to put undue reliance on forward-looking information. Actual results may differ materially from those anticipated. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Incite Capital Markets
Eric Negraeff / Darren Seed
Ph: 604.493.2004
Brad Douville, President & CEO, Greenlane Renewables
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--$CLNE--Clean Energy Fuels Corp. (Nasdaq: CLNE) today announced that it has signed an agreement with Amazon (Nasdaq: AMZN) to provide low and negative carbon renewable natural gas (RNG). The fuel will be provided at 27 existing Clean Energy fueling stations and another 19 non-exclusive new or upgraded Clean Energy-owned stations that Clean Energy expects to be constructed by the end of the year. The new and existing stations will provide RNG in 15 different states.

“If the world is really going to tackle the issue of climate change, all of us need to find solutions that work both environmentally and economically, and that is exactly what this agreement supports,” said Andrew J. Littlefair, CEO and president of Clean Energy. “Clean Energy was the first to commercially make RNG available as a vehicle fuel in 2013 and now fuels tens of thousands of vehicles across the country every day.”

In addition, the company has issued a warrant to Amazon. For more information, refer to Clean Energy’s Form 8-K.

About Clean Energy

Clean Energy Fuels Corp. is the country’s leading provider of the cleanest fuel for the transportation market. Through its sales of renewable natural gas (RNG), which is derived from biogenic methane produced by the breakdown of organic waste, Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas from 60% to over 400% depending on the source of the RNG, according to the California Air Resources Board. Clean Energy can deliver RNG through compressed natural gas (CNG) and liquefied natural gas (LNG) to its network of fueling stations across the U.S. Clean Energy builds CNG and LNG fueling stations for the transportation market, operates a network of 565 stations across the U.S. and Canada, owns natural gas liquefaction facilities in California and Texas, and transports bulk CNG and LNG to non-transportation customers around the U.S. For more information, visit www.cleanenergyfuels.com and follow @CE_NatGas on Twitter.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties, and assumptions, including without limitation statements about the benefits of RNG, the number of new and existing stations, and the warrant issued to Amazon. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.

Clean Energy Contact:
Raleigh Gerber
949-437-1397
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Investors Contact:
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DUBLIN--(BUSINESS WIRE)--The "Africa Oil and Gas Projects Outlook to 2025 - Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects" report has been added to ResearchAndMarkets.com's offering.

The total number of oil and gas projects in the Africa expected to start operations from 2021 to 2025 are 428. Out of these, upstream and midstream sectors would witness the highest project starts with 129 projects each. Refinery and petrochemical segments would witness the start of operations of 65 and 105 projects, respectively.

Scope

• Updated information on oil and gas, planned and announced projects in the Africa with start years up to 2025
• Provides projects breakdown by sector, project type, and project stage at regional and country level
• Provides key details such as project development stage, capacity, and project cost for planned and announced projects in the Africa, wherever available
• Provides EPC contractor, design/FEED contractor, and other contractor details for oil and gas projects, wherever available

Reasons to Buy

• Obtain the most up to date information available on planned and announced projects in the Africa across the oil and gas value chain
• Identify growth segments and opportunities in the Africa oil and gas industry
• Facilitate decision making based on strong oil and gas projects data
• Assess key projects data of your competitors and peers

Key Topics Covered:

1. Introduction

1.1 What is this Report About?

1.2 Market Definition

2. Oil and Gas Projects Outlook in Africa

2.1 Oil and Gas Projects in Africa, Overview of Projects Data

2.2 Oil and Gas Projects in Africa, Projects by Sector

2.3 Oil and Gas Projects in Africa, Projects by Type

2.4 Oil and Gas Projects in Africa, Projects by Stage

2.5 Oil and Gas Projects in Africa, Projects by Key Countries

3. Oil and Gas Projects Outlook in Nigeria

3.1 Oil and Gas Projects in Nigeria, Overview of Projects Data

3.2 Oil and Gas Projects in Nigeria, Projects by Sector

3.3 Oil and Gas Projects in Nigeria, Projects by Type

3.4 Oil and Gas Projects in Nigeria, Projects by Stage

3.5 Oil and Gas Projects in Nigeria, Projects Development Stage, Capacity, Project Cost, and Contractor Details

4. Oil and Gas Projects Outlook in Egypt

5. Oil and Gas Projects Outlook in Algeria

6. Oil and Gas Projects Outlook in Angola

7. Oil and Gas Projects Outlook in Ghana

8. Oil and Gas Projects Outlook in Mozambique

9. Oil and Gas Projects Outlook in Morocco

10. Oil and Gas Projects Outlook in South Africa

11. Oil and Gas Projects Outlook in Tunisia

12. Oil and Gas Projects Outlook in Congo Republic

13. Oil and Gas Projects Outlook in Libya

14. Oil and Gas Projects Outlook in Uganda

15. Oil and Gas Projects Outlook in Tanzania

16. Oil and Gas Projects Outlook in Zimbabwe

17. Oil and Gas Projects Outlook in Kenya

18. Oil and Gas Projects Outlook in Niger

19. Oil and Gas Projects Outlook in Cameroon

20. Oil and Gas Projects Outlook in Gabon

21. Oil and Gas Projects Outlook in Equatorial Guinea

22. Oil and Gas Projects Outlook in Chad

23. Oil and Gas Projects Outlook in Ethiopia

24. Oil and Gas Projects Outlook in Botswana

25. Oil and Gas Projects Outlook in Cote d'Ivoire

26. Oil and Gas Projects Outlook in Benin

27. Oil and Gas Projects Outlook in Guinea

28. Oil and Gas Projects Outlook in Djibouti

29. Oil and Gas Projects Outlook in Senegal

30. Oil and Gas Projects Outlook in South Sudan

For more information about this report visit https://www.researchandmarkets.com/r/jdyas4

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components, Inc. ("Lippert^TM"), supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced the acquisition of Kaspar Ranch Hand Equipment, LLC (“Ranch Hand^®”), a South Texas based manufacturer of custom bumpers, grill guards, and steps for the automotive aftermarket. Prior to the sale, Ranch Hand was a subsidiary of the Kaspar Companies, a fifth-generation family-owned company headquartered in Shiner, Texas since 1898.

Founded in 1986, Ranch Hand pioneered the heavy-duty truck accessory market by being one of the first manufacturers that designed and engineered custom equipment specifically matched to the owners’ vehicles. “Protected from the unpredictable” is a motto that represents Ranch Hand’s products that not only enhance the look of the vehicle but also serve as highly engineered steel barriers that help protect that vehicle’s passengers in a head-on accident. Ranch Hand’s full line of custom fit bumpers and accessories accommodate OEM sensors without compromising the truck’s safety features, making it as functional at work as it is on the road.

“The CURT Group acquisition in 2019 began our official entry into the automotive accessory aftermarket, and with the Ranch Hand acquisition, we are further supporting our dedication to becoming a large player in this space,” said Jamie Schnur, Group President of Lippert’s Aftermarket business. “Ranch Hand’s brand presence in the space is well-respected. Its front bumpers are viewed by consumers as a premium accessory, in large part due to the added level of safety for the truck owner.”

Rock Lambert, President of CURT, commented, “We are extremely pleased to add Ranch Hand to our portfolio of premium brands. Ranch Hand is synonymous with front-end protection and has enjoyed a leadership position in the automotive accessory aftermarket industry for years. We believe that our design, manufacturing, and distribution expertise will help the brand to continue to expand its reach and pursue long-term success. We are very excited to add the Ranch Hand team to our existing group of outstanding team members.”

“We have worked hard to grow the Ranch Hand brand over the last 20 years and are glad that it is in the hands of a company with the success record of Lippert,” said Jason Kaspar, Chief Executive Officer of the Kaspar Companies. Continued Kaspar, “Ranch Hand products, as well as its culture, fits very nicely into Lippert’s portfolio of automotive products. The two companies' core values are very much in sync, where their team members feel supported and are treated like family. In the end this was very important to us as we made this decision. We thank all the Ranch Hand team members for their hard work and dedication and rest assured they are in good hands with the family at Lippert.”

About LCI Industries

LCI Industries, through its wholly-owned subsidiary, Lippert, supplies, domestically and internationally, a broad array of highly engineered components for the leading OEMs in the recreation and transportation product markets, consisting primarily of recreational vehicles and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing. The Company also supplies engineered components to the related aftermarkets of these industries, primarily by selling to retail dealers, wholesale distributors, and service centers. Lippert's products include steel chassis and related components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; vinyl, aluminum, and frameless windows; manual, electric, and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; towing products; truck accessories; electronic components; and other accessories. Additional information about Lippert and its products can be found at www.lci1.com.

Forward-Looking Statements

This press release contains certain "forward-looking statements" with respect to our financial condition, results of operations, business strategies, operating efficiencies or synergies, competitive position, growth opportunities, acquisitions, plans and objectives of management, markets for the Company's common stock, the impact of legal proceedings, and other matters. Statements in this press release that are not historical facts are "forward-looking statements" for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, and involve a number of risks and uncertainties.

Forward-looking statements, including, without limitation, those relating to our future business prospects, net sales, expenses and income (loss), capital expenditures, tax rate, cash flow, financial condition, liquidity, covenant compliance, retail and wholesale demand, integration of acquisitions, R&D investments, and industry trends, whenever they occur in this press release are necessarily estimates reflecting the best judgment of the Company's senior management at the time such statements were made. There are a number of factors, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those described in the forward-looking statements. These factors include, in addition to other matters described in this press release, the impacts of COVID-19, or other future pandemics, on the global economy and on the Company's customers, suppliers, employees, business and cash flows, pricing pressures due to domestic and foreign competition, costs and availability of, and tariffs on, raw materials (particularly steel and aluminum) and other components, seasonality and cyclicality in the industries to which we sell our products, availability of credit for financing the retail and wholesale purchase of products for which we sell our components, inventory levels of retail dealers and manufacturers, availability of transportation for products for which we sell our components, the financial condition of our customers, the financial condition of retail dealers of products for which we sell our components, retention and concentration of significant customers, the costs, pace of and successful integration of acquisitions and other growth initiatives, availability and costs of production facilities and labor, team member benefits, team member retention, realization and impact of expansion plans, efficiency improvements and cost reductions, the disruption of business resulting from natural disasters or other unforeseen events, the successful entry into new markets, the costs of compliance with environmental laws, laws of foreign jurisdictions in which we operate, other operational and financial risks related to conducting business internationally, and increased governmental regulation and oversight, information technology performance and security, the ability to protect intellectual property, warranty and product liability claims or product recalls, interest rates, oil and gasoline prices and availability, the impact of international, national and regional economic conditions and consumer confidence on the retail sale of products for which we sell our components, and other risks and uncertainties discussed more fully under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2020, and in the Company's subsequent filings with the Securities and Exchange Commission. Readers of this press release are cautioned not to place undue reliance on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. The Company disclaims any obligation or undertaking to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law.

Contact: Brian M. Hall, CFO
Phone: (574) 535-1125
E Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE:GLP) announced today that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a cash distribution of $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s 9.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units for the period from February 15, 2021 through May 14, 2021. This distribution will be payable on May 17, 2021 to holders of record as of the opening of business on May 3, 2021.

The Board also declared the initial cash distribution of $0.3365 per unit on the Partnership’s 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units (“the Series B Preferred Units”), covering the period from March 24, 2021 (the issuance date of the Series B Preferred Units) through May 14, 2021. This distribution will be payable on May 17, 2021 to holders of record as of the opening of business on May 3, 2021.

Non-U.S. Withholding Information

This press release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100%) of GLP’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

About Global Partners LP

With approximately 1,550 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.

Forward-looking Statements

Certain statements and information in this press release may constitute “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Global’s current expectations and beliefs concerning future developments and their potential effect on the Partnership. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Partnership will be those that it anticipates. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Partnership’s control) including, without limitation, the impact and duration of the COVID-19 pandemic, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products we sell and the services that we provide, uncertainty around the impact of the COVID-19 pandemic to our counterparties and our customers and their corresponding ability to perform their obligations and/or utilize the products we sell and/or services we provide, uncertainty around the impact and duration of federal, state and municipal regulations related to the COVID-19 pandemic, and assumptions that could cause actual results to differ materially from the Partnership’s historical experience and present expectations or projections.

For additional information regarding known material factors that could cause actual results to differ from the Partnership’s projected results, please see Global’s filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Global undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

Daphne H. Foster
Chief Financial Officer
Global Partners LP
(781) 894-8800

Edward J. Faneuil
Executive Vice President,
General Counsel and Secretary
Global Partners LP
(781) 894-8800