Business Wire News

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced the completion of its acquisition of Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), for 31,372,549 shares of NFE and $580 million in cash. NFE simultaneously announced the completion of the acquisition of all of the outstanding common units of Golar LNG Partners, LP (Nasdaq: GMLP) (“GMLP”) for $3.55 per common unit in cash.


“The addition of the Hygo team, together with a great portfolio of world-class LNG ships and operators, enhances our efforts to bring more clean and affordable energy around the world,” said Wes Edens, Chairman and CEO of NFE. “With this acquisition, we are now a leading gas and power provider in a large and fast-growing market and have become one of the world’s premier energy transition companies.”

NFE is now a leading international gas-to-power company with an operational floating storage and regasification unit (FSRU) terminal and a 50% interest in a 1500MW power plant in Sergipe, Brazil, as well as three other FSRU terminals with associated power opportunities that are advancing through development and construction.

Including the acquisition of GMLP, NFE has become more integrated by adding a global shipping fleet of seven FSRUs and six LNG carriers as well as a 50% interest in Trains 1 and 2 of the Hilli Episeyo, a floating liquefaction vessel.

The combined transactions are valued at a $5.1 billion enterprise value and a $2.43 billion equity value.

NFE’s management will host a conference call on Friday, April 16, 2021 at 10:00 A.M. Eastern Time. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside the U.S.) fifteen minutes prior to the scheduled start of the call; please reference “NFE Investor Update Call."

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A replay of the conference call will be available after 1:00 P.M. Eastern Time on April 16, 2021 through 1:00 P.M. Eastern Time on April 23, 2021 at (855) 859-2056 (from within the U.S.) or (404) 537-3406 (from outside the U.S.), Passcode: 3694361.

About New Fortress Energy

New Fortress Energy is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.

Cautionary Language Regarding Forward-Looking Statements

This communication contains forward-looking statements. All statements contained in this communication other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “targets,” “potential” or “continue” or the negative of these terms or other comparable terminology. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Actual events or results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors.

Specific factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to: (i) changes in federal, state, local and foreign laws or regulations to which NFE, Hygo or GMLP is subject; (ii) terrorism and other security risks, including cyber risk, adverse weather conditions, including hurricanes, environmental releases and natural disasters; (iii) adverse regional, national, or international economic conditions, adverse capital market conditions and adverse political, economic or social developments; (iv) shutdowns or interruptions at NFE’s, Hygo’s or GMLP’s terminaling, storage and processing assets; (v) volatility in the price of LNG products; (vi) nonpayment or nonperformance by any of NFE’s, Hygo’s or GMLP’s customers or suppliers; (vii) NFE’s ability to integrate Hygo’s and GMLP’s assets and operations with its existing assets and operations in the expected timeframe and to realize anticipated cost savings and other efficiencies and benefits; (viii) increased costs associated with the integration of Hygo’s and GMLP’s businesses and other risks common to integration of assets and operations, including disruptions to the businesses of NFE, Hygo or GMLP, failure to integrate internal controls, and failure to realize the anticipated benefits of the transactions, among others; and (ix) the cautionary discussion of risks and uncertainties detailed in Part I, Item 1A, “Risk Factors” and Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of NFE’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (as filed with the SEC on March 16, 2021) and other risk factors identified herein or from time to time in NFE’s periodic filings with the SEC. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of NFE’s forward-looking statements. Other known or unpredictable factors could also have material adverse effects on future results.

We undertake no duty to update these forward-looking statements, even though our situation may change in the future. Furthermore, we cannot guarantee future results, events, levels of activity, performance, projections or achievements.


Contacts

IR:
Joshua Kane
(516) 268-7455
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Media:
Jake Suski
(516) 268-7403
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ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets supporting government and commercial markets, today announced that it will issue first quarter 2021 results after market close on Wednesday, April 28, 2021. A conference call will be held Thursday, April 29, 2021 at 8:30 A.M. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session.


A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of VSE’s website at https://ir.vsecorp.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.

To participate in the live teleconference:

Domestic Live:

(877) 407-0789

International Live:

(201) 689-8562

Audio Webcast:

http://public.viavid.com/index.php?id=144084

To listen to a replay of the teleconference through May 13, 2021:

Domestic Replay:

(844) 512-2921

International Replay:

(412) 317-6671

Replay PIN Number:

13718038

ABOUT VSE CORPORATION

VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets supporting government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE’s services and products, visit www.vsecorp.com.

FORWARD LOOKING STATEMENTS

This release contains statements that, to the extent they are not recitations of historical fact, constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward-looking statements in this news release, see VSE’s public filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and VSE specifically disclaims any obligation to update these statements in the future.


Contacts

INVESTOR RELATIONS: Noel Ryan | Phone: 720.778.2415 | This email address is being protected from spambots. You need JavaScript enabled to view it.

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) announced today that it will release its financial results for the first quarter 2021 after the market closes on Tuesday, April 27, 2021. Following the release, the Company will host a conference call to discuss the results at 8:00AM Mountain Time (10:00AM Eastern Time) on Wednesday, April 28, 2021. Presenting the Company’s results will be Chris Wright, Chief Executive Officer, Ron Gusek, President and Michael Stock, Chief Financial Officer.


Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers, (412) 902-6704. Participants should ask to join the Liberty Oilfield Services call. A live webcast will be available at http://investors.libertyfrac.com. The webcast can be accessed for 90 days following the call. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. The passcode for the replay is 10148920. The replay will be available until May 5, 2021.

About Liberty

Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it..


Contacts

Michael Stock
Chief Financial Officer
303-515-2851
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CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its second quarter fiscal 2021 results on Thursday, April 22, 2021, at 10:00 a.m. Eastern Time.

To access the webcast, please visit the investor relations section of the Company's website: http://www.marinemax.com. The online replay will be available for a limited time beginning within one hour of the conclusion of the call.

The Company will release its second quarter fiscal 2021 financial results prior to the market open on Thursday, April 22, 2021.

During the call, it is possible that the Company may make public disclosure of material nonpublic information and may make forward-looking statements regarding the Company's business, operations, and financial condition.

About MarineMax

MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 77 retail dealership locations, including 30 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, it is also the largest super-yacht services provider, operating locations across the globe. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE:HZO). For more information, please visit www.marinemax.com.


Contacts

Michael H. McLamb
Chief Financial Officer
727-531-1700

Media:
Abbey Heimensen
MarineMax, Inc.

Investors:
Brad Cohen or Dawn Francfort
ICR, LLC
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KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE: KSU) announced today that Jeffrey M. Songer has been named to a new position as executive vice president - strategic merger planning and John F. Orr has been named executive vice president - operations.

In this new role, Mr. Songer will be primarily focused on managing the merger application process for the proposed Canadian Pacific (CP) and KCS combination. This process will include developing, among other things: a joint network-wide operating plan; safety integration plan; environmental impact statement and environmental assessment; and, labor impact plan.


Jeff is uniquely qualified to fill this critical role in what is arguably the most strategically significant project in our company’s 134-year history,” said KCS president and chief executive officer Patrick J. Ottensmeyer. “His 16-year track record of outstanding performance at KCS, and his familiarity with all aspects of our network, business and customer base, make him very well suited for this important role.”

Mr. Orr brings more than 20 years of precision scheduled railroading operations experience at CN, serving most recently as senior vice president and chief transportation officer, where he was responsible for CN’s transportation and network assets across the U.S. and Canada, a network of about 20,000 miles.

Among the wide variety of positions he has held over his distinguished career, John also served as senior vice president-operations for CN’s U.S. (Southern) Region, CN’s vice president-transportation for their network in Eastern Canada, and vice president-chief safety and sustainability officer for CN’s North American network,” said Mr. Ottensmeyer. “John has been with us as an executive consultant since February and has gained a solid understanding of our network operations and opportunities for further improvement. John has integrated extremely well with Sameh Fahmy and the entire PSR implementation team at KCS, and I am confident he will contribute positively to our service focused ‘phase three’ PSR initiatives.”

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


Contacts

C. Doniele Carlson, 816-983-1372, This email address is being protected from spambots. You need JavaScript enabled to view it.

NEW YORK--(BUSINESS WIRE)--White Oak ABL, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a second $10 million line increase and extension, bringing the total ABL Credit Facility to $95 million, to Hunt & Sons, Inc., a third-generation, family-owned diversified petroleum products distributor. This is the fourth amendment closed between the firms.


“We are thrilled to partner with and fund the ongoing success of Hunt & Sons to support their acquisitions and provide them with the flexible working capital they need to achieve their business goals,” said White Oak ABL Managing Director Clark D. Griffith. “We believe their strong position in the marketplace and our scalable solutions will continue to generate positive outcomes.”

Founded in 1946 and headquartered in Sacramento, California, Hunt & Sons specializes in commercial fleet fueling services, bulk fuel supply and comprehensive lubricant solutions for industrial, commercial and agricultural use.

“White Oak is a hands-on partner whose reliable funding has helped our company make two key acquisitions during uncertain markets,” said Joshua Hunt, CEO of Hunt & Sons. “Their creative thinking and ready capital have enabled us to move our business forward with certainty and we look forward to our continued partnership.”

About White Oak Global Advisors

White Oak Global Advisors, LLC is a leading global alternative asset manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Since its inception in 2007, White Oak Global Advisors’ disciplined investment process focuses on delivering risk-adjusted investment returns and establishing long term partnerships with our borrowers. For more information, visit www.whiteoaksf.com.


Contacts

Jonathan Setiabrata
Investor Relations
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EVANSTON, Ill.--(BUSINESS WIRE)--Star Peak Energy Transition Corp. (NYSE:STPK), a publicly traded special purpose acquisition company (“Star Peak”), announced today that it is reaffirming its previously announced Special Meeting of Star Peak Stockholders (the “Special Meeting”) on April 27, 2021 to approve the business combination with Stem, Inc. (“Stem”). If the proposals at the Special Meeting are approved, Star Peak anticipates that the business combination will close shortly thereafter, subject to the satisfaction or waiver (as applicable) of all other closing conditions. Star Peak is currently evaluating the impact of the statement (the “Statement”) released by the Staff of the U.S. Securities and Exchange Commission (the “SEC”) on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies, including whether the changes in accounting treatment described in the Statement will require a restatement of Star Peak’s previously issued financial statements. Star Peak intends to provide a market update in due course in the event that it determines a restatement is necessary, and does not anticipate any changes to the previously disclosed timeline for completing its business combination with Stem.

The Special Meeting to approve the pending business combination is scheduled for Tuesday, April 27, 2021, at 11:00 a.m. ET. The Special Meeting will be completely virtual and conducted via live webcast. Holders of Star Peak’s shares of Common Stock at the close of business on the record date of March 4, 2021 are entitled to notice of the virtual Special Meeting and should vote before 11:59 p.m. ET on April 26, 2021.

Star Peak stockholders can exercise their votes online, via telephone or by mail. More information on how to vote can be found at https://stpk.starpeakcorp.com/vote. Star Peak stockholders who need assistance voting or have questions regarding the Special Meeting may contact Star Peak’s proxy solicitor, Morrow Sodali, toll-free at (877) 787-9239 or email Morrow Sodali at This email address is being protected from spambots. You need JavaScript enabled to view it..

About Stem, Inc.

Stem provides solutions that address the challenges of today’s dynamic energy market. By combining advanced energy storage solutions with Athena™, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter.

Headquartered in Millbrae, Calif., Stem is directly funded by a consortium of leading investors including Activate Capital, Angeleno Group, BNP Paribas, Constellation Technology Ventures, Copec, Iberdrola (Inversiones Financieras Perseo), GE Ventures, Magnesium Capital, Mithril L.P., Mitsui & Co. LTD., Ontario Teachers’ Pension Plan, RWE Supply & Trading, Temasek and Total Energy Ventures. For more information, visit www.stem.com.

About Star Peak Energy Transition Corp.

Star Peak is a blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Star Peak is led by a management team with extensive experience investing in the energy, energy infrastructure and renewables sectors, including Chairman, Michael Morgan and Chief Executive Officer, Eric Scheyer. Michael Morgan is Chairman and Chief Executive Officer at Triangle Peak Partners LP and currently serves as a director of Sunnova Energy International (NYSE:NOVA) and lead director of Kinder Morgan, Inc. (NYSE:KMI), one of the largest energy infrastructure companies in North America, a company he joined at its founding in 1997. Eric Scheyer is a Partner at Magnetar and has served as the Head of the Magnetar Energy and Infrastructure Group since its inception in 2005. For more information, visit https://stpk.starpeakcorp.com/.

Additional Information

This communication is being made in respect of a proposed merger transaction (the “proposed transactions”) involving Star Peak and Stem. The proposed transactions will be submitted to stockholders of Star Peak for their consideration and approval at a special meeting of stockholders. In connection with the proposed transactions, Star Peak has filed a Registration Statement on Form S-4 (the “Registration Statement”) with the SEC, which includes a definitive proxy statement / prospectus / written consent solicitation that has been distributed to Star Peak stockholders in connection with Star Peak’s solicitation for proxies for the vote by Star Peak’s stockholders in connection with the proposed transactions and other matters as described in such Registration Statement, as well as the prospectus relating to the offer of the securities. Star Peak has mailed a definitive proxy statement / prospectus / written consent solicitation and other relevant documents to its stockholders as of the record date established for voting on the proposed transactions. Investors and security holders of Star Peak are advised to read the definitive proxy statement / prospectus / written consent solicitation in connection with Star Peak’s solicitation of proxies for its special meeting of stockholders to be held to approve the proposed transaction because the proxy statement / prospectus / written consent solicitation contains important information about the proposed transaction and the parties to the proposed transaction. Stockholders may also obtain copies of the definitive proxy statement / prospectus / written consent solicitation, without charge at the SEC’s website at www.sec.gov or by directing a request to: Star Peak Energy Transition Corp., 1603 Orrington Ave., 13 Floor Evanston, IL 60201.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

Participants in the Solicitation

Star Peak and Stem and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Star Peak’s stockholders in connection with the proposed transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Star Peak s stockholders in connection with the proposed business combination is set forth in Star Peak’s registration statement / proxy statement that has been filed with the SEC. Investors and security holders may obtain more detailed information regarding the names and interests in the proposed transaction of Star Peak’s directors and officers in Star Peak’s filings with the SEC, and such information is also in the Registration Statement that has been filed with the SEC by Star Peak, which includes the definitive proxy statement / prospectus / written consent solicitation of Star Peak for the proposed transaction.

Forward-Looking Statements

Certain statements in this communication may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events of Star Peak or Stem’s future financial or operating performance. For example, projections of future revenue and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “or“ or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Star Peak and its management, and Stem and its management, as the case may be, are inherently uncertain factors that may cause actual results to differ materially from current expectations include, but are not limited to: 1) the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive merger agreement with respect to the business combination; 2) the risk of delays in completing the business combination due to the impact of the Statement; 3) the outcome of any legal proceedings that may be instituted against Star Peak, the combined company or others following the announcement of the business combination and any definitive agreements with respect thereto; 4) the inability to complete the business combination due to the failure to obtain approval of the stockholders of Star Peak, to obtain financing to complete the business combination or to satisfy other conditions to closing; 5) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; 6) the ability to meet the New York Stock Exchange’s listing standards following the consummation of the business combination; 7) the risk that the business combination disrupts current plans and operations of Stem as a result of the announcement and consummation of the business combination; 8) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; 9) costs related to the business combination; 10) changes in applicable laws or regulations; 11) the possibility that Stem or the combined company may be adversely affected by other economic, business and/or competitive factors; 12) Stem’s estimates of its financial performance; 13) the impact of the novel coronavirus disease pandemic and its effect on business and financial conditions; and 14) other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Star Peak’s Annual Report on Form 10-K for the year ended December 31, 2020. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Star Peak nor Stem undertakes any duty to update these forward-looking statements, except as otherwise required by law.


Contacts

Investors – Stem
Ted Durbin, Stem, Inc.
Marc Silverberg, ICR, Inc.
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Media – Stem
Cory Ziskind, ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.

Star Peak
Tricia Quinn
Courtney Kozel
This email address is being protected from spambots. You need JavaScript enabled to view it.
847 905 4400

Brand to Eliminate Plastic Shopping Bags in U.S. & Canada Stores by 2023

SAN FRANCISCO--(BUSINESS WIRE)--Today, Old Navy announces the elimination of plastic shopping bags in the U.S. and Canada stores by 2023, alongside other plastic reduction commitments aimed at creating a greener, cleaner future for the next generation. The brand will also invest in a new wave of earth-minded changemakers in honor of the 51st anniversary of Earth Day. In partnership with 11-year-old Next Gen leader Ryan Hickman of Ryan’s Recycling Company, Old Navy will fund 51 GoFundMe fundraisers from young advocates leading environmental progress in their communities.



Alongside its own sustainability efforts, Old Navy wants to encourage the next generation of innovative, eco-conscious activists to #imagineabetterfuture. The brand is naming “Recycle Ryan” Hickman as Old Navy’s Head of FUNcycling and investing in Project 3R, Ryan’s nonprofit organization dedicated to recycling awareness. In his new role, Ryan will work with Old Navy to select youth-led GoFundMe fundraisers focused on sustainability. In honor of the 51st Annual Earth Day, the brand will fund 51 fundraisers from now until the end of 2021. On its social channels, Old Navy will be sharing a series of tips from the recycling prodigy that are “so easy an adult can do them.”

“I’m really passionate about recycling and taking care of our environment, and that’s why I’m so excited to be partnering with Old Navy to make plastic waste a thing of the past,” said Old Navy Head of FUNcycling Ryan Hickman. “Together, we will work to raise awareness and support those that are making a difference in their communities. I am a strong believer that we can make a big impact when we all work together.”

Old Navy is imagining a greener future where plastic waste is a thing of the past. Parent company Gap Inc. has committed to eliminating unnecessary single-use plastics by 2030, and Old Navy is sharing steps towards that goal. By 2023, all plastic shopping bags in the brand’s U.S. and Canada stores will be replaced with paper shoppers made from 40% post-consumer waste kraft material. By the end of 2021, the brand’s plastic hanger recycling program, currently in over half of U.S. and Canada stores, will extend to 100% of the fleet.

Additionally, packaging from OldNavy.com, as well as those from Gap Inc. sister brands, will be updated to 50% recycled content, increased from the current 35%. These mailers, which will begin hitting mailboxes this summer, will also be reusable for returns and recyclable at drop-off locations. Customers can learn more at Gapinc.com/inthebag.

Old Navy’s sustainability work is part of the brand’s purpose platform The Imagine Mission. The Imagine Mission strives to create a better future for future generations through the pillars of opportunity, inclusivity and sustainability. Learn more about Old Navy’s values-driven work at Oldnavy.com/Imagine.

About Old Navy

Old Navy is a global apparel and accessories brand that makes current American essentials accessible to every family. Originated in 1994, the brand celebrates the democracy of style through on-trend, playfully optimistic, affordable and high-quality products. A division of San Francisco-based Gap Inc. (NYSE: GPS), Old Navy brings a fun, energizing shopping environment to its customers in more than 1,200 stores around the world. For more information, please visit www.oldnavy.com.

About GoFundMe

Founded in 2010, GoFundMe is a fundraising platform that connects people, causes, and charities seeking support with those able to help. GoFundMe provides an efficient and safe platform to raise money for both immediate and long-term needs, while making an impact on a global scale. GoFundMe is inspiring hope and changing lives through giving. Find us on Twitter, Facebook and Instagram.

[TM1] Announced in Gap Inc’s 2019 Sustainability Report: https://www.gapincsustainability.com/environment/protecting-our-shared-environment/diverting-waste


Contacts

Media Contacts
Taylor Frazier
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Mandy Moore
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DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its first quarter 2021 results:


  • Earnings Release: Monday, May 10, 2021, pre-UK market open via Business Wire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com.
  • Conference Call: Monday, May 10, 2021 at 11:00 a.m. EST. The call will be available via telephone and webcast.

Dial-in telephone numbers:
Toll Free: 1-877-407-3982
Toll/International: 1-201-493-6780
UK Toll Free: 0800 756 3429


Webcast:
investors.kosmosenergy.com

  • Webcast Conference Call Replay: A replay of the webcast will be available at investors.kosmosenergy.com for approximately 90 days following the event.

About Kosmos Energy

Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. Kosmos is listed on the New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in our Corporate Responsibility Report. For additional information, visit www.kosmosenergy.com.

Forward-Looking Statements

This press 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. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos’ estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.


Contacts

Investor Relations
Jamie Buckland
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New position increases management focus on expanding operations and extending technology solutions

HOUSTON--(BUSINESS WIRE)--Kayrros today announced the appointment of Malcolm Theobald as president of Kayrros North America. Theobald will head a growing team of Kayrros data specialists and analysts based in Houston, New York City, and Berkeley, California, dedicated to delivering market-leading tools to help decision-makers pilot the energy transition and manage their energy and environmental activities.



In announcing the new appointment, Kayrros president Antoine Rostand remarked: “We welcome Malcolm to Kayrros. His experience in energy, work with financial institutions, and his interest in science and the environment, provide a unique combination that matches the growing footprint and customer base of Kayrros, particularly in North America. As satellite data render the energy industry more transparent by detecting, measuring and attributing energy flows and emissions, our North American team is set to bring increased growth and finer granularity to both global and regional solutions.”

Theobald joins Kayrros after a 33-year international career with Schlumberger that included positions in the U.S., as well as management and technical assignments in Scotland, France, England, Norway, Holland and Nigeria. His broad experience extended to a six-year term as head of corporate investor relations, global account management, and business line presidency. After leaving Schlumberger, Theobald consulted with energy companies on their operations, marketing and sales, and financial communications as they pursued growth in markets that are increasingly becoming more efficient and more sustainable.

Theobald graduated from the University of Wisconsin—Madison with a BS in Mining Engineering. He is presently an active member of the Board of Visitors for the university’s Geological Engineering Department, which targets the integration of science and engineering to support sustainability with new technologies that provide the foundation of energy transition.

About Kayrros

Kayrros is the leading global asset observation platform built on fundamental science, strong R&D, and leading technology. Harnessing satellite imagery and multiple sources of unconventional data with machine learning, natural language processing, and advanced mathematics, Kayrros monitors and measures energy and natural resource activity worldwide. With access to data on more than 200,000 industry assets, Kayrros customers track individual or multiple assets in configurable proprietary or collaborative workflows to analyze industrial and environmental performance for maximum insight and optimal operational and financial decisions. For more information, visit www.kayrros.com.


Contacts

Chris Jones
Pierpont Communications
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713-627-2223

DUBLIN--(BUSINESS WIRE)--The "North America's Carbon Intensity Based Clean Fuel Standards" report has been added to ResearchAndMarkets.com's offering.


This report looks at key markets operating in North America: California's Low Carbon Fuel Standard, the Oregon Clean Fuel Program (CFP) and the British Columbia Low Carbon Fuel Standard (BC-LCFS), a term used interchangeably with the Renewable and Low Carbon Fuel Requirements Regulation (RL-CFRR).

There are two other markets that are in the pipeline for development: the Transportation and Climate Initiative-Program (TCI-P) (a collaboration between North-eastern and Mid-Atlantic US) and the Canada Clean Fuel Standard (CFS), also known as the Clean Fuel Regulations (CFR).

With the advent of climate change and the growing need to implement emissions reductions policies, there is a rising movement for government regulation to promote the use of low-carbon fuels in North America. These markets aim to reduce the magnitude of greenhouse gas emissions from the transportation sector - often the hardest sector to decarbonize. To do so, they have imposed market-based mechanisms to ensure that fuel suppliers play their part in reducing emissions.

These markets achieve these emissions by aiming to reduce the carbon intensity (CI) of transportation fuels. The CI is defined as the amount of carbon dioxide equivalent emissions (CO2e) per unit of energy produced by a vehicle and is given in units of g CO2e/MJ. The carbon intensity value is specific to each fuel type and takes into account the extraction, processing, distribution and combustion of the fuel; this is known as a 'well-to-wheel analysis.

Each clean fuel market creates an emissions reduction schedule which mandates a decline in the baseline fuel CI; as the program evolves, there is an increasing demand on fuel producers to provide lower carbon fuels which generally becomes harder as the restrictions become more stringent. In general, credits are generated for providing a fuel with a carbon intensity under this limit while deficits are created by providing fuels with a CI above this limit, with each credit being equivalent to one metric ton of CO2 equivalent emissions. These credits can then be traded, banked and retired to fulfil an entity's compliance obligations.

We demonstrate how ethanol and electricity, both low-carbon fuels can generate credits by having CIs below the low carbon fuel standard requirement, with electricity-generating more credits as it has a lower carbon intensity. On the other hand, gasoline, having a CI above the LCFS requirement, will accrue deficits annually and a fuel supplier providing gasoline will need to meet their compliance obligations in the program by purchasing a sufficient number of credits.

Key Topics Covered:

1. Context and Role of Carbon Intensity-based Clean Fuel Standards in North America

1.1 Role of Carbon Intensity-based Clean Fuel Standards in Various Transportation Markets

1.2 Comparison between the Clean Fuel Standards

2. California Low Carbon Fuel Standard

2.1 Background and history of California Low Carbon Fuels Standard

2.1.1 Regulatory context: AB 32 Scoping Plan and role of LCFS

2.1.2 Introduction to program design

2.1.3 2015 Readoption of LCFS Program: Credit Clearance Market

2.1.4 2018 Amendments to LCFS Program: Alignment with SB-32 Plan

2.1.5 Historical emission trends

2.1.6 Summary of LCFS Trading

2.2 Key components of California's LCFS

2.2.1 Market Composition - Credit & Deficit Generators

2.2.2 Low Carbon Fuel Supply Assessment

2.2.3 Compliance categories

2.2.4 Credit trading system

2.2.5 Credit generation pathways

2.2.6 Annual cycle and timeline of activities (including verification)

2.3 Key market variables at play in LCFS (i.e., influencing supply and demand)

2.3.1 Vehicle Stock and Energy Demand

2.3.2 Growth of electric vehicles

2.3.3 Demand and supply outlook for LCFS credits: possibilities till 2030

3. Canada Clean Fuel Standards

3.1 Background and History of the Market

3.2 Policy & Regulatory Overview: Pan Canadian Framework on Clean Growth and Climate Change

3.2.2 Summary on Industries Impacted

3.3 Key constructs of the Market

3.3.1 Market Overview

3.3.2 Different players

3.3.3 Compliance categories

3.3.4 Credit trading system

3.3.5 Credit generation pathways

3.3.6 Annual cycle and timeline of activities

3.3.7 Timeline for CFS launch

4. Oregon Clean Fuels Program

4.1 Background and History of the Market

4.1.1 Policy & Regulatory Overview

4.1.2 2022 Policy Target and Proposed Timeline

4.1.3 Overlapping Policies - Federal Renewable Fuel Standard & Oregon Renewable Fuel Standards

4.1.4 Summary on Industries Impacted

4.1.5 Key Constructs of the Market

4.1.6 Key market variables at play

4.1.7 Regulatory variables influencing the market outlook

5 British Columbia Low Carbon Fuel Standard

5.1 Background and History of the Market

5.1.1 Policy & Regulatory Overview

5.1.2 Summary on Industries Impacted

5.2 Key Constructs of the Market

5.2.1 Market Composition

5.2.2 Compliance Categories

5.2.3 Low Carbon Fuel Supply Assessment

5.2.4 Credit Trading System

5.2.5 Summary on Trading

5.2.6 Annual Cycle and Timeline of Activities

5.3 Key Market Variables at Play

5.3.1 Vehicle Stock and Energy Demand

5.3.2 Fossil Fuel Demand

5.3.3 Role of Clean Fuels

5.3.4 Role of Electric Vehicles

5.3.5 Other Credit Generating Options

5.4 Regulatory Variables Influencing Market Outlook

5.4.1 Target CI Compliance Targets

5.4.2 Market Flexibility and Stability Mechanisms

5.5 Market Perspectives and Further Reading

6 Transportation and Climate Initiative of North East and the Mid Atlantic States

6.1 Regional low-carbon transportation policy development process

6.2 Clean Vehicles and Fuels

6.2.1 North East Electric Vehicle Network

6.3 Sustainable Communities

6.3.1 Freight Efficiency

6.4 Development of a Market-Based Emission Reduction Policy

6.4.1 The Transportation Climate Initiative Program (TCI-P)

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


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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--(BUSINESS WIRE)--#EBA--Join the International Swaps and Derivatives Association, Inc. (ISDA) at its 35th Annual General Meeting (AGM), being held virtually for the first time from Monday May 10 until Wednesday May 12, 2021.



Keynote addresses include:

  • Ashley Alder, Chairman of the Board, International Organization of Securities Commissions and Chief Executive Officer, Securities and Futures Commission, Hong Kong
  • José Manuel Campa, Chairperson, European Banking Authority
  • Mairead McGuinness, Commissioner for Financial Services, European Commission
  • Daniel Pinto, Co-President and Chief Operating Officer, JP Morgan Chase

Accredited journalists are invited to attend the event and must register in advance.

Please send your name, affiliation and contact details to Lauren Dobbs at This email address is being protected from spambots. You need JavaScript enabled to view it.

The AGM will include sessions on:

  • The timetable for LIBOR cessation and upcoming transition milestones
  • Lessons learned from the coronavirus pandemic and the forthcoming regulatory agenda
  • Challenges in complying with phase 5 of the initial margin requirements for non-cleared derivatives
  • The role of derivatives in environmental, social and governance and sustainable finance
  • Developments in the digitization and automation of derivatives markets

Additional information regarding the conference, including an agenda, is available on the ISDA's website. An updated agenda will be available in due course.

WHEN: Virtual sessions are held on Monday May 10 – Wednesday May 12, 2021.

Since 1985, ISDA has worked to make the global derivatives markets safer and more efficient. Today, ISDA has over 925 member institutions from 75 countries. These members comprise a broad range of derivatives market participants, including corporations, investment managers, government and supranational entities, insurance companies, energy and commodities firms, and international and regional banks. In addition to market participants, members also include key components of the derivatives market infrastructure, such as exchanges, intermediaries, clearing houses and repositories, as well as law firms, accounting firms and other service providers. Information about ISDA and its activities is available on the Association’s website: www.isda.org. Follow us on Twitter, LinkedIn, Facebook and YouTube.

All press attending this conference must register in advance
Please send your name, affiliation, and contact details to Lauren Dobbs This email address is being protected from spambots. You need JavaScript enabled to view it.

ISDA ® is a registered trademark of the International Swaps and Derivatives Association, Inc.


Contacts

Lauren Dobbs
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+1 212-901-6019

Funding lets Encamp make ongoing upgrades to its SaaS-based platform for
environmental compliance reporting and add staff in strategic positions

INDIANAPOLIS--(BUSINESS WIRE)--#EHS--Encamp, which offers a first of its kind software platform for environmental, health, and safety (EHS) compliance data management and reporting automation, today announced it has raised $12 million in Series B funding led by OpenView. The funding was supported with participation from Encamp investors High Alpha Capital, Allos Ventures, and IU Ventures. Encamp will use the new backing to drive ongoing development of the SaaS-based Encamp platform and add employees in engineering, compliance, sales, marketing, and other strategic areas.



For environmental compliance at facilities storing or using hazardous chemicals, the Encamp platform lets businesses verify applicable state and federal regulations automatically. To determine required compliance actions, EHS teams can sort activity by facility, regions, regulations, and state and federal requirements. In addition, EHS professionals are able to track compliance performance and reporting across the business by connecting tasks to facilities, compliance due dates, employees, and items such as compliance training schedules. Businesses get an up-to-the-minute view of their entire compliance reporting schedule using Encamp’s dashboard and wide-ranging compliance calendar.

With Encamp’s proprietary reporting automation software system, certified information is aggregated automatically in Encamp and submitted on time and in the correct format to all proper regulatory agencies. Along with increasing efficiency, such monitoring and automation is critical to reducing the risk of non-compliance and avoiding significant penalties.

For the EHS industry, Encamp is the first product to provide such end-to-end capability, particularly for regulations and reporting methods that vary considerably across all 50 states. The company’s new funding will allow it to continue making environmental compliance and reporting faster, easier, and more accurate.

“When we started Encamp, our goal was to become the premier system of record for environmental compliance and reporting, which we did,” said Luke Jacobs, one of Encamp’s co-founders and CEO. “That dynamic is shifting, however. Regulators and the EHS industry are now moving towards systems of intelligence for regulatory rules and data. Therefore, going forward, our aim is to become the new premier system of intelligence for environmental compliance. Encamp’s platform and product roadmap support this new direction, as does OpenView. We know they’ll be a strong and positive influence in helping us continue transforming how environmental compliance works.”

“We’ve been excited about Encamp since our first meeting with their fantastic founding team. Luke and the Encamp team are uniquely positioned to fundamentally change the world of environmental compliance, and we’re thrilled to partner again with High Alpha and Allos Ventures,” said Ricky Pelletier, Partner at OpenView.

OpenView's Expansion Platform partnered with Encamp to already place three new executive hires: Gerritt Graham as Chief Revenue Officer, Julianna Meidell as VP of Marketing, and Ki Moon as VP of Revenue Operations.

Encamp’s platform updates throughout 2021 are targeted at adding compliance reporting functionality, and are also expected to expand reporting to new regulatory program areas. The updates should enable Encamp to build on its current standing as the largest filer of Tier II hazardous material inventory reports in the United States.

“We’re recognized as trailblazers of environmental compliance for a reason,” said Jacobs. “Now with additional support from our investors and OpenView’s ongoing guidance, Encamp is ready to make compliance and reporting even simpler — and more intelligent — than we already have.”

About Encamp

Encamp was formed in 2017 and introduced its SaaS-based software to the environmental, health, and safety (EHS) industry in 2018. By early 2019, more than 100 companies were using Encamp to manage and automate the way they file critical environmental compliance information to state, local, and emergency response agencies. Nearly 200 businesses, including a growing number of businesses listed in the Fortune 1000 and Fortune 100, now use Encamp in more than 4,000 regulated facilities throughout the United States. In 2020 alone, Encamp realized revenue growth of more than 800%, a rise that continued to position the company as an emerging EHS market leader.

By way of innovation, Encamp is a first of its kind EHS compliance software product that combines a powerful data management system and EHS compliance reporting automation. With its Software as a Service (SaaS) architecture and deployment via the cloud, companies implement Encamp in a matter of days or weeks. Moreover, Encamp gives companies and their EHS teams a modern software option over point systems, spreadsheets, and legacy Environmental Management Information Systems (EMIS).

Industry Recognition

Among the industry awards Encamp has received for its innovation and leadership are the 2020 Top SaaS Newcomer and 2020 Best SaaS for Agriculture and Farming, Awarding & Consultancy International; 2020 Best in Biz Gold Award, Most Innovative Company of the Year (North America, SMB); 2020 Best in Biz Silver Award, Best New Product of the Year (North America, SMB); 2019 Startup of the Year, TechPoint; and 2019 New Product of the Year, Occupational Health & Safety. Encamp was also named one of the Best Places to Work in Indiana for 2021 by the Indiana Chamber of Commerce and the Best Companies Group. Encamp’s CEO and Co-founder, Luke Jacobs, was also named to the Environment + Energy Leader (E+E) 100 for 2020.

About OpenView

Founded in 2006, OpenView is a venture capital firm investing globally in business software companies. With a mission to improve people’s working lives, OpenView’s focused investment approach across sector and stage enables the firm to identify and partner with category leading business software companies. The firm’s focus extends to operational excellence through its dedicated expansion team working with portfolio companies on go-to-market, sales and marketing, product led growth, talent, and corporate development. The firm is based in Boston and has $1.5 billion in total capital under management. For more information, please visit https://openviewpartners.com/.

About High Alpha

High Alpha is a leading venture studio focused on building next-generation B2B SaaS companies through a new model for entrepreneurship that unites company building and venture capital. The High Alpha team partners with entrepreneurs, investors and large corporations to conceive, launch and scale new software companies. For more information: highalpha.com or on Twitter at @highalpha.

About Allos Ventures

Allos Ventures invests in early-stage technology companies based in the Midwest. Investments focus on B2B software companies at a Seed and Series A stage, augmenting the capital provided by seed and startup investors. In addition to the capital Allos provides, portfolio companies benefit from the extensive operating and business-building experience of the firm's managing partners, who make themselves available as needed to support each portfolio company's growth. For more information: allosventures.com.

About IU Ventures

IU Ventures is a Code Section 501(c)(3) organization dedicated to empowering Indiana University faculty, alumni, and friends to support and invest in IU-affiliated innovation. Through the IU Philanthropic Venture Fund and the IU Angel Network, IU Ventures works to provide opportunities for individuals affiliated with IU to network with fellow entrepreneurs; build innovative new businesses; and support growing enterprises through donations, investments, time and talents. To learn more, visit iuventures.com.


Contacts

Encamp, Inc.
Jess Engel, Director of Marketing Communications
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New Supplier Leadership on Climate Transition collaborative guides suppliers on science-based targets and renewable energy to reduce emissions

WASHINGTON--(BUSINESS WIRE)--Guidehouse, a leading global provider of consulting services to the public and commercial markets, has joined forces with Mars, Incorporated, McCormick & Company, and PepsiCo for the formation of the Supplier Leadership on Climate Transition collaborative (Supplier LoCT), an initiative to help engage suppliers in climate action and solutions.


Recognizing the impact that global supply chains have on the health of the planet, the collaborative aims to mobilize collective climate action by providing suppliers with resources, tools, and knowledge to support their own climate journeys.

“Emissions reductions are now essential, and global supply chains contain some of the most significant and difficult-to-reduce emissions. While organizations across the world have made bold commitments to science-based climate reductions, most are struggling to deliver progress, and the clock is ticking,” said Britt Harter, Guidehouse’s sustainability lead and partner in the firm’s Energy, Sustainability, and Infrastructure (ES&I) segment. “We have joined forces with Mars, McCormick, and PepsiCo to demonstrate our combined leadership and go beyond target setting to drive real action.”

Through the collaborative, the organizations will mentor and train suppliers in emissions reduction strategies and recognize their achievements. In turn, supplier progress will accelerate the ability of Mars, McCormick, and PepsiCo to deliver against their individual science-based targets to reduce greenhouse gas (GHG) emissions in their full value chains. These targets were set to align with the overall goals of the Science Based Targets initiative and RE100 to limit global warming to be consistent with the established goal of the 2015 Paris Agreement.

“Suppliers play a critical role in combatting climate change and in helping brands reach their climate targets,” said Matthew Banks, communication director of Supplier LoCT and associate director in Guidehouse’s ES&I segment. “The Supplier LoCT collaborative is a true team effort across companies and sectors to reduce supply chain emissions. We will enlist more brands and suppliers to join us in our mission, which is aligned with what scientists indicate is required to mitigate the worst impacts from climate change.”

To help suppliers advance their sustainability journeys, Guidehouse will leverage its 30+ plus years of experience in sustainability consulting. In future years, it will also rely on its newly launched sustainability management platform, Guidehouse PapayaTM, to track progress. The co-founding business participants will tap into their own experiences in reducing their environmental impacts:

  • Mars, Incorporated is committed to reducing absolute scope 1, 2 and 3 greenhouse gas (GHG) emissions 27% by 2025 and 67% by 2050 from a 2015 base year.
  • McCormick & Company is committed to reduce absolute scope 1 and 2 GHG emissions 20 % by 2025 from a 2015 base year and to reducing absolute scope 3 GHG emissions 16% by 2030 from a 2017 base year.
  • PepsiCo is committed to reducing absolute scope 1 and 2 GHG emissions 75% and scope 3 GHG emissions 40% by 2030 from a 2015 base year.

“As the world looks to rebuild from the pandemic, this will be a critical year in altering the trajectory of climate change. It’s never been more vital for global businesses, suppliers, and key actors to come together in this time of crisis, and protect the health of our planet and global communities for generations to come,” said Barry Parkin, chief procurement & sustainability officer at Mars, Incorporated. “By forming this collaborative and actively engaging our suppliers on sustainability, we believe we can drive a meaningful, truly global impact.”

“People, planet, and communities have been at the heart of our Purpose Led Performance for many years, supported and championed at the highest levels within McCormick,” said Michael Okoroafor, VP Global Sustainability and Packaging at McCormick and Company. “This collaborative LoCT partnership further demonstrates our commitment to sustainability and doing right for our planet. We are looking forward to engaging our suppliers on this journey to mitigate the climate change impact, and benefit the world around us.”

“PepsiCo has learned a great deal on our journey to a science-based, net-zero target,” said Roberta Barbieri, vice president of Sustainability at PepsiCo. “Our suppliers’ climate action is critical to achieving our goal, and it’s collaborative efforts like these that will help ensure what we’ve learned is shared with our entire supplier base.”

Other industry organizations, including FMI, the Food Industry Association, and sustainability nonprofit Ceres, applaud the collaborative’s efforts to convene suppliers on this important topic.

“Pre-competitive collaborations like this are a critical component to industry progress toward science-based targets,” said Marjorie DePuy, senior director, Supply Chain & Sustainability at FMI. “Every company’s supply chain practices are important in the drive to reduce overall GHG emissions.”

“With leading companies increasingly setting science-based targets, we see growing demand for peer-to-peer learning focused in particular on scope 3 emissions in corporate supply chains,” said Steven Clarke, director of Corporate Clean Energy Leadership at the sustainability nonprofit Ceres. “The challenge goes beyond motivating ambition that cascades through supplier tiers; meaningful impact will depend on building suppliers’ capacity to act.”

About Guidehouse’s Energy, Sustainability, and Infrastructure Segment

With more than 700 consultants, Guidehouse’s global Energy, Sustainability, and Infrastructure segment is the strongest in the industry. We are the go-to partner for leaders creating sustainable, resilient communities and infrastructure, serving as trusted advisors to utilities and energy companies, large corporations, investors, NGOs, and the public sector. We’ve solved big challenges with the world’s 60 largest electric, water, and gas utilities; the 20 largest independent power generators; five of the 10 largest oil & gas majors; the 20 largest gas distribution and pipeline companies; European governments; and the US federal government’s civilian agencies involved in the country’s land, resources, and infrastructure. We combine our passion, expertise, and industry relationships to forge a resilient path toward sustainability for our clients. We turn vision into action by leading and de-risking the execution of big ideas and driving outcomes for our clients that enable them to reach their ambitions through transformation. For more information, please visit www.guidehouse.com/esi.

About Guidehouse

Guidehouse is a leading global provider of consulting services to the public and commercial markets, with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges and navigate significant regulatory pressures with a focus on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that prepare our clients for future growth and success. The company has more than 9,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.

About Mars, Incorporated

For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating and evolving in ways that affirm our commitment to making a positive impact on the world around us. Across our diverse and expanding portfolio of confectionery, food, and petcare products and services, we employ more than 130,000 dedicated Associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world’s best-loved brands including DOVE®, EXTRA®, M&M’s®, MILKY WAY®, SNICKERS®, TWIX®, ORBIT®, PEDIGREE®, ROYAL CANIN®, SKITTLES®, BEN’S ORIGINAL™, WHISKAS®, COCOAVIA®, and 5™; and take care of half of the world’s pets through our pet health services AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, Pet Partners™, and VCA™. We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our Associates to take action every day to help create a world tomorrow in which the planet, its people and pets can thrive. For more information about Mars, please visit www.mars.com. Join us on Facebook, Twitter, LinkedIn, Instagram and YouTube.

About McCormick & Company

McCormick & Company, Incorporated is a global leader in flavor. With over $5 billion in annual sales across 160 countries and territories, we manufacture, market and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including e-commerce channels, grocery, food manufacturers and foodservice businesses. Our most popular brands include McCormick, French’s, Frank’s RedHot, Stubb’s, OLD BAY, Lawry’s, Zatarain’s, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick. Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided by our principles and committed to our Purpose – To Stand Together for the Future of Flavor. McCormick envisions A World United by Flavor where healthy, sustainable and delicious go hand in hand. To learn more, visit www.mccormickcorporation.com or follow McCormick & Company on Twitter, Instagram and LinkedIn.

About Ceres

Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world’s greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we inspire action and drive equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit ceres.org and follow @CeresNews.


Contacts

For more information, contact:

Lindsay Funicello-Paul
Guidehouse
781.270.8456
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For organizations interested in working with Supplier LoCT, contact:

Matthew Banks
Guidehouse
202.973.3203
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LONDON--(BUSINESS WIRE)--EnTrust Global, a leading asset management firm, today announced the launch of Purus Marine, a maritime holding company that owns environmentally-advanced vessels and infrastructure equipment, contracted long-term to high-quality end users. The Company serves a wide variety of maritime sectors, including the industrial shipping, short-sea, ferry, offshore wind and environmental remediation sectors.


Julian Proctor, who brings more than 24 years of experience in the maritime industry, will serve as Chief Executive Officer and as a Board Member.

Purus Marine’s fleet will reduce the carbon emissions and ocean pollution of its customers by using:

  • Low-to-zero carbon fuel technologies
  • Energy-saving devices
  • Design and operational efficiencies

As the maritime industry confronts the challenges of climate change, Purus Marine is strongly positioned to meet our customers’ increasing demands for low-carbon vessels and equipment,” said Julian Proctor, Chief Executive Officer of Purus Marine.

Our specialized industry knowledge, our extensive relationships with end users, banks and shipyards, and the talent of our senior leadership, will support Purus Marine’s growth,” said Svein Engh, Senior Advisor and a Board Member of Purus Marine.

We are excited to launch Purus Marine and make an immediate and measurable impact on reducing carbon emissions and pollutants from the maritime industry. Our mission is to support the industry’s transition to a zero-carbon and sustainable future,” said Gregg S. Hymowitz, CEO and Chairman of EnTrust Global and Chairman of the Board of Purus Marine.

Purus Marine has formed its first partnership, called DP Lease, with Damen Shipyards Group of the Netherlands. DP Lease will focus on owning electric and hybrid-electric ferries, towage and harbor equipment, contracted out to Damen’s clients.

About Purus Marine

Purus Marine is a maritime holding company that owns environmentally-advanced vessels and infrastructure equipment, contracted long-term to high quality end-users. The Company serves a wide variety of maritime sectors, including the industrial shipping, short-sea, ferry, offshore wind and environmental remediation sectors. Purus Marine is committed to supporting the maritime industry’s transition to a zero-carbon and sustainable future by owning vessels and infrastructure equipment that reduce carbon emissions and ocean pollution. For more information visit www.purusmarine.com.


Contacts

Alastair McDonald
+44 20 7389 1351
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FORT WORTH, Texas--(BUSINESS WIRE)--Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced it has elected to utilize the 30-day grace period under the terms of the indenture governing its 10.75% senior secured notes due 2023 (the “Notes”) with respect to a $16.335 million interest payment due today. Basic believes it is in the best interests of all stakeholders to use the grace period to continue its ongoing discussions with its debtholders regarding strategic alternatives to improve Basic’s long-term capital structure.


Basic also announced today it has entered into a Forbearance Agreement with a majority of the lenders under its revolving credit facility who have agreed to forbear from exercising remedies in respect of certain events of default thereunder, including the failure to pay interest on the Notes, until April 28, 2021 (unless the agreement is earlier terminated pursuant to the terms thereof). The Company also intends to postpone its 2021 annual meeting so management can focus their efforts on the discussions with creditors.

The Company issued the following statement:

“We have made the strategic choice to use the grace period while we continue our ongoing, constructive discussions with Basic’s bondholders. We anticipate meeting all of our obligations to suppliers, customers, employees and others, and will continue providing our customers with industry-leading expertise and safe, efficient services. Importantly, for the benefit of the Company and all of our stakeholders, the options we are currently contemplating would leave our employees, customers and trade partners unaffected.”

About Basic Energy Services

Basic Energy Services provides wellsite services essential to maintaining production from the oil and gas wells within its operating areas. The Company’s operations are managed regionally and are concentrated in major United States onshore oil-producing regions located in Texas, California, New Mexico, Oklahoma, Arkansas, Louisiana, Wyoming, North Dakota, Colorado and Montana. Our operations are focused in prolific basins that have historically exhibited strong drilling and production economics in recent years as well as natural gas-focused shale plays characterized by prolific reserves. Specifically, the Company has a significant presence in the Permian Basin, Bakken, Los Angeles and San Joaquin Basins, Eagle Ford, Haynesville and Powder River Basin. We provide our services to a diverse group of over 2,000 oil and gas companies. Additional information on Basic Energy Services is available on the Company’s website at www.basices.com.

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of the federal and securities laws. Forward-looking statements are not statements of historical fact and reflect Basic’s current views about future events. The words “believe,” “estimate,” “expect,” “anticipate,” “project,” “intend,” “seek,” “could,” “should,” “may,” “potential” and similar expressions are intended to identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Although Basic believes the expectations reflected in its forward-looking statements are reasonable and are based on reasonable assumptions and estimates, certain risks and uncertainties could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. These risks and uncertainties include without limitation, risks associated with our ongoing debtholder discussions, including our ability to negotiate an agreement to deleverage the company on commercially favorable terms or at all, our ability to successfully execute, manage and integrate acquisitions, reductions in our customers’ capital budgets, our own capital budget, limitations on the availability of capital or higher costs of capital, volatility in commodity prices for crude oil, including the recent significant decline in oil prices, and natural gas, local and global impacts of the COVID-19 virus, Basic’s ability to comply with its financial and other covenants and metrics in its debt agreements, as well as any cross-default provisions and the negative impacts of the delisting of the Company’s common stock from the NYSE. Additional important risk factors that could cause actual results to differ materially from expectations are disclosed in Item 1A of the Company’s most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. While Basic makes these statements and projections in good faith, neither Basic nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. Any forward-looking statement speaks only as of the date on which such statement is made and Basic assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Basic, whether as a result of new information, future events, or otherwise, except as required by applicable law.


Contacts

Trey Stolz
Director of Financial Planning & Analysis
Basic Energy Services, Inc.
817-334-4100

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, today announced that it has signed two leases with an existing U.S. based Fortune 100 technology customer, at its AZP-2 data center in Phoenix, Arizona. The first lease represents a one megawatt expansion, which is expected to commence in the third quarter of 2021. The second lease was for a five megawatt deployment, which is expected to commence in the fourth quarter of 2021. Iron Mountain’s data center solutions met all of the customer’s requirements, including scalable capacity, network proximity to other deployments, and a design that provided flexibility and reliability.


AZP-2 is a hyperscale-ready data center powered by 100% renewable energy. The three-story purpose-built facility will span more than 530,000 gross square feet, and is expected to deliver 48 megawatts of total IT capacity at full build out, with campus connectivity to the existing 47 megawatts operating at AZP-1 in Phoenix and AZS-1 in Scottsdale, leveraging the network density of the existing ecosystem.

Including land held for future development, the 40-acre Phoenix campus will support more than 100 megawatts of IT load when fully developed. The highly secure campus offers Iron Mountain data center customers access to reliable and energy efficient data center capacity in one of the lowest risk U.S. metros for natural disasters. The addition of this hyperscale lease complements Iron Mountain’s Phoenix data center campus that currently includes a wide range of core retail enterprise and hyperscale colocation customers.

“We are pleased to expand our support of one of the world's leading technology companies,” said Rick Crutchley, Vice President & General Manager, North America at Iron Mountain Data Centers. “We expect to continue our balanced leasing strategy, and will pursue the right hyperscale opportunities that complement our core retail colocation ecosystem.”

Additional highlights of the Phoenix data center campus include:

  • Hyper-scale ready: provides the ability to scale in a campus environment with unmatched security and reliability
  • Efficient hybrid-IT enablement: centralized access to hundreds of customers, clouds, carriers, and other IT services providers, making hybrid IT efficient, cost-effective and secure
  • Network density: carrier-neutral campus with 24 native network providers, access to diverse meet-me rooms, and the ability to connect to multiple public-cloud on-ramps
  • Support for multiple use cases: hyper-scale cloud node, hybrid-IT colocation, local production IT, local/regional business continuity/disaster recovery, and consolidation/migration
  • Energy efficiency: powered by 100% renewable energy
  • Operational excellence: 100% uptime SLA
  • Industry-leading compliance:
    • SOC 2 Type II, SOC 3
    • ISO 27001, 50001, and 140001
    • HIPAA
    • PCI-DSS
    • FISMA High/NIST SP 800-53

Iron Mountain's global data center platform consists of 15 operational facilities across 13 markets and three continents. Including leasable capacity, land, and buildings held for future development, Iron Mountain's data center platform can support more than 375 megawatts of IT capacity at full build-out.

For more information on Iron Mountain Data Centers, visit https://www.ironmountain.com/data-centers.

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of nearly 93 million square feet across approximately 1,450 facilities in 56 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working. Visit www.ironmountain.com for more information.

Forward Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws and is subject to the safe-harbor created by such Act. Forward-looking statements include, but are not, limited to statements concerning the commencement of the leases and datacenter capacity at full buildout. When we use words such as "believes," "expects," "anticipates," "estimates" or similar expressions, we are making forward-looking statements. Although we believe that our forward looking statements are based on reasonable assumptions, our expected results may not be achieved, and actual results may differ materially from our expectations. Although we believe that our forward looking statements are based on reasonable assumptions, our expected results may not be achieved, and actual results may differ materially from our expectations.

These forward-looking statements are subject to various known and unknown risks, uncertainties and other factors. Important factors that could cause actual results to differ from expectations include (i) the impact of the COVID-19 outbreak on our business, operations and financial condition, (ii) our ability to remain qualified for taxation as a real estate investment trust for U.S. federal income tax purposes; (iii) the adoption of alternative technologies and shifts by our customers to storage of data through non-paper based technologies; (iv) changes in customer preferences and demand for our storage and information management services; (v) the cost and our ability to comply with laws, regulations and customer demands relating to data security and privacy issues, as well as fire and safety standards; (vi) our ability or inability to execute our strategic growth plan, expand internationally, complete acquisitions on satisfactory terms, and to integrate acquired companies efficiently; (vii) changes in the amount of our growth and recurring capital expenditures and our ability to raise capital and invest according to plan; (viii) the impact of litigation or disputes that may arise in connection with incidents in which we fail to protect our customers' information or our internal records or IT systems and the impact of such incidents on our reputation and ability to compete; (ix) our ability to execute on Project Summit and the potential impacts of Project Summit on our ability to retain and recruit employees and execute on our strategy (x) changes in the price for our storage and information management services relative to the cost of providing such storage and information management services; (xi) changes in the political and economic environments in the countries in which our international subsidiaries operate and changes in the global political climate; (xii) the impact of executing on our growth strategy through joint ventures; (xii) our ability to comply with our existing debt obligations and restrictions in our debt instruments or to obtain additional financing to meet our working capital needs; (xiv) the impact of service interruptions or equipment damage and the cost of power on our data center operations; (xv) changes in the cost of our debt; (xvi) the impact of alternative, more attractive investments on dividends; (xvii) the cost or potential liabilities associated with real estate necessary for our business; (xviii) the performance of business partners upon whom we depend for technical assistance or management expertise; (xix) other trends in competitive or economic conditions affecting our financial condition or results of operations not presently contemplated; and (xx) other risks described more fully in our filings with the Securities and Exchange Commission, including under the caption “Risk Factors” in our periodic reports or incorporated therein. You should not rely upon forward-looking statements except as statements of our present intentions and of our present expectations, which may or may not occur. Except as required by law, we undertake no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


Contacts

Investor Relations Contacts:
Greer Aviv
Senior Vice President, Investor Relations
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(617) 535-2887

Nathan McCurren
Director, Investor Relations
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(617) 535-2997

SEATTLE--(BUSINESS WIRE)--A major northeast power producer has chosen CS Energy and Doosan GridTech to design, build and operate a community solar + storage system (PV+S) in New England. This 5.1MW-PV/2.5MW hybrid power system would be one of the first DC-coupled configurations installed under the Massachusetts SMART and Clean Peak Standard (CPS) program.


CS Energy was named the prime contractor to provide the project's engineering, procurement, and construction (EPC) services. A leader in solar and storage turnkey execution nationally, the company has integrated over 75MWhs of battery storage under the Massachusetts SMART program. CS Energy worked with Doosan engineers to design the hybrid power system that will lower costs, fulfill MA-SMART and CPS requirements, optimize its financial incentives, and deliver clipped energy recapture. The system will be operational in the fourth quarter of 2021.

Doosan's energy management solution (EMS) pairs its on-premise Intelligent Controller platform with its cloud-based performance analysis and power plant operation modules. This system is built on open standard communication interfaces and has proven its solar + storage capabilities in both AC- and DC-coupled configurations.

Doosan's comprehensive EMS will bring:

  • power plant control capability to optimize solar & storage output and maximize economic return,
  • a suite of intelligent PV+S functionalities that achieve plant targets while minimizing battery degradation,
  • high reliability through self-healing capabilities and zero downtime updates, and
  • the ability to create custom key performance indicators, benchmarks, and visualizations, including the plant's historical and forecasted performance – as part of its performance analyzer module.

CS Energy is a leading integrated energy firm that designs and builds solar and storage systems for emerging energy industries. Over the last 15 years, we have constructed over 1GW of distributed energy projects nationally. CS Energy was named the top solar EPC contractor in Massachusetts and New York by Power World Magazine in 2019 and 2020. Our most recent turnkey projects include a 38MW/139MWh DC-coupled battery for a private client in NY and critical infrastructure of a 2.5 MW/20 MWh storage microgrid in Florida.

Doosan GridTech® is a multi-disciplined team of power system engineers, software developers, and turnkey energy storage specialists. We help electric utilities and other megawatt-scale power producers evaluate, procure, integrate and optimize energy storage, solar power, and other distributed energy resources. Our global teams in Seattle, Melbourne, and Seoul have designed, built, and/or controlled over 30 energy storage installations in the Americas and Asian-Pacific regions – representing nearly 320MW of capacity.


Contacts

Megan O'Brien
Doosan GridTech
This email address is being protected from spambots. You need JavaScript enabled to view it.
206-719-6485

e1 is working with Oregon State University-Cascades, University of Oregon, and EDCO to highlight locally developed clean energy technology by engineers from Oregon universities



BEND, Ore.--(BUSINESS WIRE)--Element 1 Corp., also known as e1, a leading developer of hydrogen generation technology supporting clean fuel cell power technology, will hold a community event on April 19 to showcase locally developed near-zero-emission technology that is being adopted globally.

The community-focused event starts at 1 p.m. and ends at 2:30 at e1’s headquarters, located at 63050 Plateau Drive. e1 employees and graduates of the Oregon State University-Cascades energy systems engineering program will demonstrate e1’s unique technology and provide rides onboard a golf cart converted to a zero-emission fuel cell neighborhood electric vehicle.

Robert Schluter, e1’s co-founder and Chief Business Development Officer, said, “e1 is proud to play a role in supporting the adoption of clean fuel cell power for trucks, trains, and marine vessels. However, we would not have made it to this point without the encouragement and assistance of the Bend community. We are holding the open house as a way to say thank you for the support provided by EDCO, OSU-Cascades, the University of Oregon, and others, showcasing the talents and hard work of our engineers who came from Oregon universities. We welcome all to come see what they have accomplished as we move towards a clean and green future for the planet.”

Rebecca Webb, Ph.D., Tykeson Faculty Scholar in Energy Systems Engineering at OSU-Cascades, said, “Eighty percent of e1’s engineering team are alumni of OSU-Cascades’ energy systems engineering program. We are thrilled that our graduates helped make this significant contribution to cleantech. The e1 story is one example of what can be accomplished when OSU-Cascades engineering programs partner with Central Oregon businesses.”

Tim Schwartz, the Director of the University of Oregon Office of Entrepreneurship & Economic Transformation, said, “e1 CEO and co-founder Dave Edlund and his team are models for the entrepreneurial effect University of Oregon alumni, students, and faculty are having on our region. We are grateful for the employment and internship opportunities e1 provides our students. Dave embodies the University of Oregon’s commitment to entrepreneurship and innovation-centric economic development.”

Roger Lee, CEO of EDCO, said, “It has been exciting to see the steady progress that e1 has made in the green energy industry since launching more than a decade ago. After competing in the 2012 Bend Venture Conference and securing financial and advisory board assistance, we’ve witnessed them gain market traction that continues to fuel their current global growth.”

The planned event will include a demonstration of the fuel cell electric vehicle running on renewable methanol, including rides, and an information tour of e1’s technology.

Element 1 Corp:

e1 designs and develops advanced hydrogen generation systems used to power fuel cells with broad use in mobile applications and remote locations such as marine, trucking, off-road vehicles, rail, warehousing, and backup power supply sectors. e1’s proprietary technology produces hydrogen on-demand at the point of consumption, eliminating the logistical challenges and costs inherent in distributing compressed hydrogen. For more information about Element 1, please visit www.e1na.com.


Contacts

e1 Media Contact:

Robert Schluter
CBDO
Element 1 Corp
Phone: +1.541.678.5943
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

e1 Investor / Analyst Contact:

Greg Haugen
CFO
Element 1 Corp
Phone: +1.541.639.1711
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

WASHINGTON--(BUSINESS WIRE)--The Cleanie Awards®, the leading awards program dedicated to honoring people and brands making an impact in the clean energy economy, announced today a partnership with REpowering Schools. The new awards category will recognize the achievements of college students and teams. The Cleanie Awards will donate a portion of their proceeds to REpowering Schools.


REpowering Schools is a 501c3 non-profit organization working with educators, renewable energy industry leaders, and national and state government projects to support programming and opportunities to engage and train a diverse and sustained renewable energy workforce. The organization supports and connects the renewable energy industry with K12 schools, educators, and colleges and universities seeking to boost STEM learning. Additionally, REpowering Schools introduces new job opportunities to students to build a diverse and sustained workforce. By educating students and their communities about renewable energy, REpowering Schools strives to increase the pool of qualified labor and inform citizens to make educated energy decisions.

The College Excellence award will recognize college-level students (individuals and/or groups) who are making an impact in cleantech through coursework, capstone research projects, and various competitions. Applications open April 22. The eligibility period to qualify for consideration as an honoree for the 2021 The Cleanie Awards is between January 1, 2020 to April 22, 2021.

Winners in the College Excellence category will have opportunities to network with The Cleanie Awards highly prominent advisory board and judging panel, as well as host a presentation at the virtual awards ceremony in September.

“We are delighted to partner with REpowering Schools to highlight the accomplishments of the next generation of the cleantech workforce,” said Randee Gilmore, Executive Director of The Cleanie Awards. “Young people have the most to gain through the transition to a clean energy economy and inspire us to support the development of a homegrown American workforce proudly focused on creating a sustainable future and contributing to a global economy. We are proud to partner with REpowering Schools on this award, and to support their mission of inspiring K-12 children to create the next generation of cleantech innovations.”

“REpowering Schools is so excited to be partnering with The Cleanie Awards on this new collegiate excellence award,” said Remy Pangle, Executive Directly of REpowering Schools. The Cleanie Awards is such a respected and well-known awards program, and we look forward to the opportunity to work with them to recognize the amazing things happening on college campuses throughout the country to bring renewable energy into the forefront.”

Please visit www.thecleanieawards.com for more information. Applications open on April 22.

About The Cleanie Awards®

The Cleanie Awards is the only cleantech and renewables industry awards program focused on honoring innovators and disruptors who are creating market-moving solutions. The program’s mission is to influence public opinion about technologies working toward a clean energy future. The team includes a highly prominent advisory board and judging panel of experienced business leaders, entrepreneurs, and communicators who are committed to advancing clean technology.

Visit the website at www.thecleanieawards.com and follow The Cleanie Awards on Twitter or Facebook at @CleanieAwards and LinkedIn.

About REpowering Schools

REpowering Schools supports renewable energy education efforts throughout the country and connects industry with students and educators and recognizes excellence in these areas. We do this through a variety of national efforts, such as providing support to states through fundraising assistance and network coordination, providing funding support in the form of grants and scholarships, hosting an annual awards program, and collaborating with other organizations to offer events to connect industry, students, and educators.

Visit our website at https://www.repoweringschools.org/ and follow us on Facebook and LinkedIn at @repoweringschools.


Contacts

Media Contact
Margaret L. Brown
MLB Communications Strategies & Public Relations
703-898-9443
This email address is being protected from spambots. You need JavaScript enabled to view it.

Sponsorship Contact
Randee Gilmore
Executive Director
The Cleanie Awards®
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