Business Wire News

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), today announced the pricing of its fifth solar loan securitization and its eleventh residential solar securitization.


The securitization consists of $68.4 million in AA- (sf) rated 2.03% notes, $55.9 million in A- (sf) rated 2.33% notes and $31.5 million in BBB- (sf) rated 2.63% notes. The notes carry a weighted average life of 5.15 years through the anticipated repayment date of October 20, 2028 and have a final maturity of October 20, 2048.

The notes are backed by a diverse portfolio of 3,766 solar rooftop systems distributed across more than 21 states and territories. The weighted average customer FICO score of the related customers at the time of origination is 737. The transaction is expected to close by October 26, 2021, subject to customary closing conditions.

Credit Suisse was the sole structuring agent and bookrunner for the securitization, and Popular Securities acted as co-manager.

The notes have not been and will not be registered under the Securities Act of 1933, as amended, or applicable state securities laws, and, unless so registered, such securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation of an offer or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer of the notes will be made only by means of a private offering circular.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Sunnova's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expect," "plan," "anticipate," "going to," "could," "intend," "target," "project," "contemplates," "believe," "estimate," "predict," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern Sunnova's expectations, strategy, priorities, plans or intentions. Forward-looking statements in this release include, but are not limited to, statements regarding the expectations in connection with the offering, including the closing thereof, the use of proceeds from the offering and the use of excess cashflows from the collateral, as well as debt service, cash flows, future financing plans, and Sunnova’s ongoing priorities, objectives and strategies. Sunnova's expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks regarding our ability to forecast our business due to our limited operating history, the effects of the coronavirus pandemic on our business and operations, results of operations and financial position, our competition, fluctuations in the solar and home-building markets, availability of capital, our ability to attract and retain dealers and customers and our dealer and strategic partner relationships. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in Sunnova's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2020 and our Quarterly Reports on Form 10-Q for the quarters ended March 31 and June 30, 2021. The forward-looking statements in this release are based on information available to Sunnova as of the date hereof, and Sunnova disclaims any obligation to update any forward-looking statements, except as required by law.

ABOUT SUNNOVA

Sunnova Energy International Inc. (NYSE: NOVA) is a leading residential solar and energy storage service provider with customers across the U.S. and its territories. Sunnova’s goal is to be the source of clean, affordable and reliable energy with a simple mission: to power energy independence so that homeowners have the freedom to live life uninterrupted®.


Contacts

INVESTOR RELATIONS:
Rodney McMahan, Vice President Investor Relations
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281.971.3323

MEDIA CONTACT
Alina Eprimian, Media Relations Manager
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DUBLIN--(BUSINESS WIRE)--The "Krill oil market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027" report has been added to ResearchAndMarkets.com's offering.


The report predicts the global krill oil market to grow with a CAGR of 11.74% over the forecast period from 2021-2027.

The report on the global krill oil market provides qualitative and quantitative analysis for the period from 2021 to 2027. The study on krill oil market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2021 to 2027.

The report on krill oil market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global krill oil market over the period of 2021 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global krill oil market over the period of 2021 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

  • The growing geriatric population coupled with the high prevalence of gastrointestinal disorders
  • Growing consumer awareness towards health and wellness

2) Restraints

  • Quality and sustainability concerns regarding Omega-3 oils produced from krill sources

3) Opportunities

  • Advancements in the oil extraction technology along with growing cultivation of krill fish

Key Topics Covered:

1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

2. Executive Summary

2.1. Krill Oil Market Highlights

2.2. Krill Oil Market Projection

2.3. Krill Oil Market Regional Highlights

3. Global Krill Oil Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Krill Oil Market

3.4. Porter's Five Forces Analysis

3.5. Growth Matrix Analysis

3.5.1. Growth Matrix Analysis by Product

3.5.2. Growth Matrix Analysis by Application

3.5.3. Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Krill Oil Market

4. Krill Oil Market Macro Indicator Analysis

5. Global Krill Oil Market by Product

5.1. Liquids

5.2. Softgels

5.3. Capsules

6. Global Krill Oil Market by Application

6.1. Dietary Supplements

6.2. Animal Feed

6.3. Functional Food & Beverages

7. Global Krill Oil Market by Region 2021-2027

7.1. North America

7.1.1. North America Krill Oil Market by Product

7.1.2. North America Krill Oil Market by Application

7.1.3. North America Krill Oil Market by Country

7.2. Europe

7.3. Asia-Pacific

7.4. RoW

8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Krill Oil Market

8.2. Companies Profiled

8.2.1. Coastside Bio Resources

8.2.2. Aker BioMarine

8.2.3. Neptune Wellness Solutions Inc

8.2.4. Enzymotec Ltd

8.2.5. RIMFROST AS

8.2.6. NutriGold Inc

8.2.7. NWC Naturals Inc

8.2.8. Qingdao Kangjing Marine Biotechnology Co., Ltd

8.2.9. RB LLC

8.2.10. Olympic Seafood AS

For more information about this report visit https://www.researchandmarkets.com/r/5uou7q


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
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Evolves and Expands Food Beliefs to Include Progressive Climate Goals

ST. LOUIS--(BUSINESS WIRE)--Today, Panera Bread announces its commitment to become climate positive – removing more carbon from the atmosphere than it emits – by 2050. The first national fast casual restaurant company to set a climate positive target, Panera today updated its Food Beliefs to include climate goals, establishing an ambitious vision for its business. With approximately 25 percent of global greenhouse gases created from food production1, Panera hopes to lead and inspire its industry to address the climate crisis.



Climate change is one of the greatest humanitarian crises of our time, and we must act now for our planet. We embrace the responsibility to take immediate and relentless action to create positive change and hope that our industry will follow us. We are sharing our vision for a climate positive future to inspire both our industry and our supply chain partners to take urgent, decisive and clear action,” said Niren Chaudhary, CEO, Panera Bread.

Reaching this climate positive goal equates to removing approximately 2.4 million metric tons of carbon dioxide equivalents each year as compared to Panera’s 2019 greenhouse gas baseline. This is equal to the amount of carbon sequestered by 2.96 million acres of forest per year, an area 14 times the size of New York City. Since 2017, Panera has already reduced emissions from its operations by 15% per square foot, meeting its 2022 target one year early.

Given the seriousness of the climate crisis and the effects experienced across the globe already, we believe it is Panera’s responsibility to take immediate action to reduce our impact. Therefore, Panera is pursuing the following 2025 short term targets to reduce its footprint:

  • Increasing the percentage of Cool Food Meals to 60% of bakery-cafe entrees.
  • Transitioning to 100% circular - reusable, recyclable and compostable - packaging.
  • Using green, renewable electricity for at least 50% of Panera Bread owned operations.

It is estimated that between both the climate commitments of G20 countries and those of individual companies worldwide, the rate of decarbonization falls well below what is needed to keep warming to 1.5°C2. For Panera, we recognize this not only creates a need for immediate action but also to commit to reach beyond net zero, to climate positive. Therefore, Panera is developing a long-term roadmap to reduce its emissions in line with a 1.5°C science-based target, committing to first significantly reduce its carbon footprint and then use credible carbon removal and sequestration projects to reach its goal of becoming climate positive.

Panera has a long history of making tough, conscious choices about the food system, from serving chicken raised without antibiotics beginning in 2004 to being first to label calories on the menu,” said Sara Burnett, VP Food Beliefs & Sustainability. “With the launch of Cool Food Meals in 2020, Panera recognized the impact of your plate is much bigger than a calorie count; it also has an impact on the planet. As a continuation of our journey, we are committing to our ambitious goal and to work with others in our industry to make this vision for a climate positive future a reality.”

These actions build on Panera’s ongoing efforts to help guests eat with the planet in mind. One year ago, in collaboration with World Resources Institute (WRI), Panera was the first national restaurant company to label Cool Food Meals on its menu—those meals that have a low impact on the climate, making them a delicious way to help the planet. More than half of Panera entrees are Cool Food Meals including guest favorites like the Chipotle Chicken Avocado Melt, Autumn Squash Soup, Fuji Apple Chicken Salad and even Broccoli Cheddar Soup. If, each year, every person in the U.S. swapped 10 quarter-pound burgers with fries for 10 Chipotle Chicken Avocado Melt sandwiches with chips for, given the climate impacts of those items, it would reduce carbon emissions by 77 million metric tons of carbon dioxide equivalent. This change equates to taking more than 16 million passenger vehicles off the road for one year.

To learn more about Panera’s Food Beliefs, visit PaneraBread.com/FoodBeliefs. For a full list of Panera Cool Food menu items, visit PaneraBread.com/CoolFoodMeals, or order a Cool Food Meal now at www.panerabread.com. To learn more about the science behind the Cool Food Meal label, visit CoolFood.org/consumer.

###

About Panera Bread

Thirty years ago, at a time when quick service meant low quality, Panera set out to challenge this expectation. We believed that food that was good and that you could feel good about, served in a warm and welcoming environment by people who cared, could bring out the best in all of us. To us, that is food as it should be and that is why we exist.

So, we began with a simple commitment: to bake bread fresh every day in our bakery-cafes. No short cuts, just bakers with simple ingredients and hot ovens. Each night, any unsold bread and baked goods were shared with neighbors in need.

These traditions carry on today, as we have continued to find ways to be an ally for wellness to our guests. That means crafting a menu of soups, salads, and sandwiches that we are proud to feed our families. Like poultry and pork raised without antibiotics on our salads and sandwiches. A commitment to transparency and options that empower our guests to eat the way they want. Seasonal flavors and whole grains. And a commitment to avoid artificial additives (preservatives, sweeteners, flavors, and colors from artificial sources on our No No list) in the food in our U.S. bakery-cafes. Why? Because we think that simpler is better and we believe in serving food as it should be. Because when you don’t have to compromise to eat well, all that is left is the joy of eating.

We’re also focused on improving quality and convenience. With investments in technology and operations, we now offer new ways to enjoy your Panera favorites – like mobile ordering and Rapid Pick-Up® for to-go orders and delivery – all designed to make things easier for our guests.

As of Sept. 28, 2021, there were 2,120 bakery-cafes in 48 states, Washington, DC, and Ontario, Canada, operating under the Panera Bread® or Saint Louis Bread Co.® names. Panera Bread is part of Panera Brands, one of the world’s largest fast casual restaurant companies, comprised of Panera Bread®, Caribou Coffee® and Einstein Bros.® Bagels. For more information, visit panerabread.com or find us on Twitter (@panerabread), Facebook (facebook.com/panerabread) or Instagram (@panerabread).

###

1

World Resources Report, Creating a Sustainable Food Future, World Resources Institute, 2019, www.sustainablefoodfuture.org

2

IPCC Special Report, Global Warming of 1.5°, IPCC, 2021,  https://www.ipcc.ch/sr15/chapter/chapter-4/

 


Contacts

Edward Ruddy
Sloane & Company
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NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, will host its third-quarter 2021 financial results conference call on Wednesday, November 3, 2021 at 9:00 a.m. ET.


On the call, Chairman, President and Chief Executive Officer Alan S. McKim, Executive Vice President and Chief Financial Officer Michael L. Battles, and Senior Vice President of Investor Relations Jim Buckley will discuss Clean Harbors’ financial results, business outlook and growth strategy.

Those who wish to listen to the conference call webcast should visit the Investor Relations section of the Company’s website at www.cleanharbors.com. The live call also can be accessed by dialing 877.709.8155 or 201.689.8881. Please dial in at least 10 minutes prior to the start of the call. If you are unable to listen to the live call, the webcast will be archived on the Company’s website.

About Clean Harbors
Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, energy and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. For more information, visit www.cleanharbors.com.


Contacts

Michael L. Battles
EVP and Chief Financial Officer
Clean Harbors, Inc.
781.792.5100
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Jim Buckley
SVP Investor Relations
Clean Harbors, Inc.
781.792.5100
This email address is being protected from spambots. You need JavaScript enabled to view it.

  • Orders of $5.4 billion for the quarter, up 6% sequentially and up 5% year-over-year.
  • Revenue of $5.1 billion for the quarter, down 1% sequentially and up 1% year-over-year.
  • GAAP operating income of $378 million for the quarter, up 95% sequentially and favorable year-over-year.
  • Adjusted operating income (a non-GAAP measure) of $402 million for the quarter was up 21% sequentially and up 72% year-over-year.
  • Adjusted EBITDA* (a non-GAAP measure) of $664 million for the quarter was up 9% sequentially and up 21% year-over-year.
  • GAAP earnings per share of $0.01 for the quarter which included $0.15 per share of adjusting items. Adjusted earnings per share (a non-GAAP measure) was $0.16.
  • Cash flows generated from operating activities were $416 million for the quarter. Free cash flow (a non-GAAP measure) for the quarter was $305 million.

The Company presents its financial results in accordance with GAAP. However, management believes that using additional non-GAAP measures will enhance the evaluation of the profitability of the Company and its ongoing operations. Please see reconciliations in the section entitled "Reconciliation of GAAP to non-GAAP Financial Measures." Certain columns and rows in our tables and financial statements may not sum up due to the use of rounded numbers.


*Adjusted EBITDA (a non-GAAP measure) is defined as operating income (loss) excluding depreciation & amortization and operating income adjustments.

LONDON & HOUSTON--(BUSINESS WIRE)--Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results today for the third quarter of 2021.

 

Three Months Ended

Variance

(in millions except per share amounts)

September 30,
2021

June 30,
2021

September 30,
2020

Sequential

Year-over-
year

Orders

$

5,378

 

$

5,093

 

$

5,106

 

6

%

5

%

Revenue

5,093

 

5,142

 

5,049

 

(1

)%

1

%

Operating income (loss)

378

 

194

 

(49

)

95

%

F

 

Adjusted operating income (non-GAAP)

402

 

333

 

234

 

21

%

72

%

Adjusted EBITDA (non-GAAP)

664

 

611

 

549

 

9

%

21

%

Net income (loss) attributable to Baker Hughes

8

 

(68

)

(170

)

F

 

F

 

Adjusted net income (non-GAAP) attributable to Baker Hughes

141

 

83

 

27

 

70

%

F

 

EPS attributable to Class A shareholders

0.01

 

(0.08

)

(0.25

)

F

 

F

 

Adjusted EPS (non-GAAP) attributable to Class A shareholders

0.16

 

0.10

 

0.04

 

59

%

F

 

Cash flow from operating activities

416

 

506

 

219

 

(18

)%

90

%

Free cash flow (non-GAAP)

305

 

385

 

52

 

(21

)%

F

 

"F" is used in most instances when variance is above 100%. Additionally, "U" is used in most instances when variance is below (100)%.

We are pleased with the way the team has continued to execute on our strategy over the course of the third quarter. At the total company level, we had a strong orders quarter, grew adjusted EBITDA and adjusted Operating Income margin rate sequentially and year-over-year, and we had another solid quarter of free cash flow. We did experience some mixed results across our segments during the quarter. TPS and OFE delivered solid orders, and TPS also delivered solid operating income and margin rates. OFS was negatively impacted by Hurricane Ida, cost inflation in our chemicals business, and delivery issues stemming from supply chain constraints, while DS also faced supply chain issues that impacted product deliveries. Despite these challenges, I want to thank our employees and partners for their continued hard work and commitment to safety,” said Lorenzo Simonelli, Baker Hughes chairman and chief executive officer.

As we look ahead to the rest of 2021 and into 2022, we see continued signs of global economic recovery that should drive further demand growth for oil and natural gas. However, the pace of growth is being hampered by the COVID-19 Delta variant, global chip shortages, supply chain issues, and energy supply constraints. Despite these headwinds, global growth appears to be on relatively solid footing, underpinning a favorable outlook for the oil market, aided by continued spending discipline by the world’s largest producers. Natural gas and LNG fundamentals remain strong, with a combination of solid demand growth and extremely tight supply in many regions. In addition, we believe the positive case for structural demand growth in natural gas as part of the broader energy transition is becoming increasingly evident."

We remain committed to evolving our company with the energy and industrial markets while continuing to prioritize higher margins, returning capital to our shareholders, and free cash flow. We look forward to supporting our customers, advancing our strategic priorities, and delivering for our shareholders,” concluded Simonelli.

Quarter Highlights

Supporting our Customers

The OFS segment secured several key contracts for Integrated Well Services (IWS). OFS secured an IWS contract for a new gas production startup project in Trinidad and Tobago, providing comprehensive well construction solutions including drilling services, drilling and completion fluids, cementing, drill bits and downhole tools, wellbore cleanout and completion services. The OFS team delivered the project scope 27 days ahead of the planned time.

OFS’s Completions and Well Intervention, Drilling Services, Drill Bit, and Drilling and Completion Fluids product lines continued to expand their presence in Guyana. Key contracts were secured for services and equipment for a third rig, in addition to two rigs already utilizing Baker Hughes services. OFS' Oilfield & Industrial Chemicals product line and TPS will also be providing equipment and products on a new floating production, storage and offloading (FPSO) vessel arriving in Guyana later this year.

The OFE segment continued to support customers with subsea projects in multiple regions. In Australia, OFE secured a contract with Chevron to deliver subsea compression manifold technology for the Jansz-lo Compression (J-lC) project. The contract was secured using OFE’s Subsea Connect portfolio of technologies and early engagement approach, allowing for the latest technologies to be utilized by J-IC. This award builds on OFE’s previous successes for subsea equipment orders for Chevron’s Gorgon natural gas facility.

The TPS segment continued to see growth in the offshore segment, securing several contracts to supply turbomachinery equipment for FPSO projects. In Brazil, TPS will supply critical turbomachinery technology for two FPSO projects, including LM2500 and LM6000 gas turbines for power generation and compression, electric motor driven compressors, and spare parts.

TPS also secured multiple contracts to supply its innovative and flexible NovaLT16 gas turbine technology for industrial applications. In India, TPS secured a contract to provide one NovaLT16 turbine for power generation at an ammonia plant. The customer awarded the contract based on the NovaLT’s superior performance in electrical efficiency (36% at ISO conditions), plant availability (35,000 hours mean time between maintenance) and emissions reduction capabilities. In China, TPS was awarded a contract for the supply two NovaLT16 turbines to be used in energy production for power and heating needs across a number of industrial segments, including electronics, and pharmaceutical manufacturing.

The DS segment continued to secure key contacts in multiple segments, including downstream oil and gas, renewable energy, pulp and paper, and transportation. The Panametrics product line secured a key contract with a major Mexican oil & gas operator for PanaFlow flowmeters and flare management solutions to be used in a refinery.

In Latin America, the Bently Nevada product line secured a contract with Aliança Energia, one of the largest private power generation companies in Brazil, to deploy System 1 and condition monitoring solutions to two hydroelectric plants and a wind farm. System 1 will deliver proactive asset management to more than 600 megawatts of power between the three power generation facilities, enabling safer and more reliable renewable energy.

The Nexus Controls product line secured a contract to upgrade two pumped-storage hydroelectric power generation facilities in Korea. The upgrade represents the first application of its kind for the Nexus Oncore Control System in the Asia-Pacific region.

The Druck and Waygate Technologies product lines secured several strategic contracts in the aerospace and transportation segments. Druck continued to see growth in its pressure measurement technologies in the recovering aerospace segment, securing contracts in North America, Asia and Europe, including orders for air data test sets (ADTS) and trench-etched resonant pressure sensors (TERPS) from both military and commercial customers.

Waygate Technologies secured a large contract with Deutsche Bahn (DB), the largest railway company in Europe, to inspect material flaws in the wheels of high-speed trains during scheduled maintenance. Waygate will provide its Krautkrämer ultrasonic testing technology to DB, significantly reducing inspection time over handheld methods and allowing the wheels to stay on the train due to the automatic process.

Executing on Priorities

During the third quarter, Baker Hughes announced a $2 billion share repurchase authorization in July 2021, representing the optimistic view of the Company’s future as well as its strong balance sheet and robust cash profile.

On October 1, 2021, OFE completed the merger of its Subsea Drilling Systems product line (SDS) with Akastor ASA’s subsidiary, MHWirth AS, to form a new joint venture company (JV). The new JV, known as HMH, provides integrated delivery capabilities, capital, renowned industry expertise and a full range of offshore drilling equipment solutions at scale. Baker Hughes owns a 50% stake in HMH.

OFE also advanced its non-metallic composite pipe applications, signing a memorandum of understanding (MOU) with Primus Line to drive non-metallic pipeline growth in the pipeline integrity management market. The collaboration aims to rehabilitate and repurpose existing pressure pipelines, offering Baker Hughes’ scale and extensive non-metallics portfolio alongside Primus Line’s domain expertise and existing customer base in trenchless pipeline rehabilitation. The collaboration will also aim to jointly offer non-metallic solutions to repurpose existing pipeline networks for hydrogen and carbon dioxide (CO2) transportation.

AkerBP awarded a contract to TPS for the upgrade of the turbogenerator train systems at the Alveheim FPSO in Norway. The scope of supply includes Carbon Optimizer, a digital solution that enables the reduction of fuel gas and CO2 emissions by leveraging data gathered through the TPS iCenter data vault and combining it with control software to optimize the efficiency of the equipment at partial load. Combined with an Outcome Based Service contractual framework, Baker Hughes estimates that its solution will enable AkerBP to achieve up to a seven percent CO2 reduction per year, helping the customer reach its target to be net-zero by 2050.

TPS secured an award for the upgrade of control systems on rotating equipment for two different customers in Egypt and Italy for refinery and onshore gas reinjection applications, respectively. Baker Hughes will replace the current system with its Nexus OnCore solution from the DS segment. The advanced, fully configurable solution improves asset visibility, provides built-in troubleshooting and maintenance tools, simplified expansion capabilities, and reduces overall installation and training costs.

TPS also saw continued customer interest in carbon capture, utilization and storage (CCUS) and hydrogen applications. TPS was selected to supply booster and export centrifugal pumps to the Northern Lights CO2 transport and storage project in Norway. Once operational in 2024, the Northern Lights project will be the first ever cross-border, open-source CO2 transport and storage infrastructure network. TPS was selected for the project due to its proven CO2 pump injection capabilities and will be the first CCUS project for the Pumps product line.

OFS continued to advance customer collaborations in CCUS and geothermal by leveraging its subsurface domain expertise. In California, a CCUS study was conducted for Aemetis, Inc., an advanced renewable fuels and biochemicals company, confirming more than two million metric tonnes (MT) of CO2 can be captured annually from two ethanol plant sites and sequestered safely in local geologic formations. The project is the first of its kind globally and is projected to yield below zero carbon intensity once complete.

In geothermal, OFS delivered a significant technical and economic feasibility study in conjunction with the University of Oklahoma that is expected to advance the first SuperHot Rock (SHR) geothermal project in the U.S. The study was performed on behalf of Seattle-based AltaRock Energy and demonstrates the potential for scalable, low-cost geothermal energy using an engineered geothermal system (EGS) resource at Newberry Volcano in Oregon.

OFS continued to transform oilfield operations by making digital and automated improvements, enabling customers to increase production and reduce emissions. U.S.-based natural gas producer Vine Energy is deploying OFS’ artificial lift solution, ProductionLink™ Edge, across 100 natural gas wells in Louisiana’s Haynesville Shale. ProductionLink Edge uses advanced analytics and “smart” edge technology to boost production and reduce associated methane emissions from oil and gas wells by reducing well unloading events. During a three-month, 10-well joint pilot project, Vine’s gas production increased by 5% and well unloading events decreased by 94%.

DS continued growth in industrial asset management wins across in multiple end-markets and drove digital transformation for customers. In the Middle East, Bently Nevada secured a five-year strategic framework agreement with SABIC to deliver plant-wide condition monitoring and machine asset protection services across more than 1,200 assets and 16 facilities in Saudi Arabia. In Brazil, the Bently Nevada product line secured a contract with Vale, the world’s largest producer of iron ore, to deploy System 1 asset management software and edge devices to monitor critical components on mining haul trucks and shovels.

Leading with Innovation

The BakerHughesC3.ai alliance (BHC3) announced that Canadian customer MEG Energy successfully deployed the AI-based BHC3 Production Optimization application to improve operational efficiency, productivity, and better visualize risk across the company’s upstream production operations. MEG Energy is using BHC3 Production Optimization to monitor moment-to-moment operations, allowing seamless integration between engineers and field staff. The application creates actionable predictive insights to improve the efficiency of MEG’s steam-assisted gravity drainage (SAGD) production, with a system of virtual alerts and meters are providing measurements for emulsion, gas, and vapor across more than 300 thermal production wells.

OFS introduced the i-Trak™ automated reservoir navigation service (RNS), a first-of-its-kind offering that lets Baker Hughes engineers steer the bottomhole assembly to the most productive sections of a reservoir more consistently, faster and with fewer resources. The service uses reservoir models, reservoir mapping systems, real-time formation evaluation data, proprietary algorithms, and continuous steerable drilling systems to automate the process. I-Trak is already proven in the field, with an extra 100,000 barrels added to a customer's reserves in one recent well. It has already been used on more than 25 extended reach and multilateral wells to navigate more than 150,000 feet (45000 meters) of reservoir.

Waygate Technologies launched several new industrial inspection solutions to improve accuracy, digital connectivity and ergonomics for customers, including the new Krautkramer USM 100 handheld UT device and the Everest Mentor Flex VideoProbe. In addition, Waygate launched its latest InspectionWorks Analyze software for advanced automatic defect recognition (ADR) capabilities, helping customers to automatically detect defects, classify them and simply decision-making. These technologies are applicable to multiple industrial end-markets and already have significant customer adoption in the aerospace, automotive, electronics, rotating equipment, and power markets.

Consolidated Results by Reporting Segment

Consolidated Orders by Reporting Segment

(in millions)

Three Months Ended

 

Variance

Consolidated segment orders

September 30,
2021

 

June 30,
2021

 

September 30,
2020

 

Sequential

Year-over-
year

Oilfield Services

$

2,412

 

$

2,359

 

$

2,296

 

2

%

5

%

Oilfield Equipment

724

 

681

 

432

 

6

%

68

%

Turbomachinery & Process Solutions

1,719

 

1,513

 

1,885

 

14

%

(9

)%

Digital Solutions

523

 

540

 

493

 

(3

)%

6

%

Total

$

5,378

 

$

5,093

 

$

5,106

 

6

%

5

%

Orders for the quarter were $5,378 million, up 6% sequentially and up 5% year-over-year. The sequential increase was a result of higher order intake in Turbomachinery & Process Solutions, Oilfield Services, and Oilfield Equipment, partially offset by a reduction in Digital Solutions. Equipment orders were up 15% sequentially and service orders were down 1%.

Year-over-year, the increase in orders was a result of higher order intake in Oilfield Equipment, Oilfield Services, and Digital Solutions, partially offset by a decline in Turbomachinery & Process Solutions. Year-over-year equipment orders were down 7% and service orders were up 18%.

The Company's total book-to-bill ratio in the quarter was 1.1; the equipment book-to-bill ratio in the quarter was 1.1.

Remaining Performance Obligations (RPO) in the third quarter ended at $23.5 billion, a decrease of $0.3 billion from the second quarter of 2021. Equipment RPO was $7.6 billion, down 1%. Services RPO was $15.9 billion, down 2% sequentially.

Consolidated Revenue by Reporting Segment

(in millions)

Three Months Ended

 

Variance

Consolidated segment revenue

September 30,
2021

 

June 30,
2021

 

September 30,
2020

 

Sequential

Year-over-
year

Oilfield Services

$

2,419

 

$

2,358

 

$

2,308

 

3

%

5

%

Oilfield Equipment

603

 

637

 

726

 

(5

)%

(17

)%

Turbomachinery & Process Solutions

1,562

 

1,628

 

1,513

 

(4

)%

3

%

Digital Solutions

510

 

520

 

503

 

(2

)%

1

%

Total

$

5,093

 

$

5,142

 

$

5,049

 

(1

)%

1

%

Revenue for the quarter was $5,093 million, a decrease of 1%, sequentially. The decrease in revenue was driven by Oilfield Equipment, Turbomachinery & Process Solutions, and Digital Solutions, partially offset by higher volume in Oilfield Services.

Compared to the same quarter last year, revenue was up 1%, driven by higher volume in Oilfield Services, Turbomachinery & Process Solutions, and Digital Solutions segments, partially offset by Oilfield Equipment.

Consolidated Operating Income by Reporting Segment

(in millions)

Three Months Ended

 

Variance

Segment operating income

September 30,
2021

June 30,
2021

September 30,
2020

 

Sequential

Year-over-
year

Oilfield Services

$

190

 

$

171

 

$

93

 

 

11

%

F

 

Oilfield Equipment

14

 

28

 

19

 

 

(50

)%

(27

)%

Turbomachinery & Process Solutions

278

 

220

 

191

 

 

27

%

46

%

Digital Solutions

26

 

25

 

46

 

 

3

%

(44

)%

Total segment operating income

508

 

444

 

349

 

 

14

%

46

%

Corporate

(105

)

(111

)

(115

)

 

5

%

8

%

Inventory impairment

 

 

(42

)

 

%

F

 

Restructuring, impairment & other

(14

)

(125

)

(209

)

 

89

%

93

%

Separation related

(11

)

(15

)

(32

)

 

29

%

67

%

Operating income (loss)

378

 

194

 

(49

)

 

95

%

F

 

Adjusted operating income*

402

 

333

 

234

 

 

21

%

72

%

Depreciation & amortization

262

 

278

 

315

 

 

(6

)%

(17

)%

Adjusted EBITDA*

$

664

 

$

611

 

$

549

 

 

9

%

21

%

*Non-GAAP measure.

 

"F" is used in most instances when variance is above 100%. Additionally, "U" is used in most instances when variance is below (100)%.

On a GAAP basis, operating income for the third quarter of 2021 was $378 million. Operating income increased $185 million sequentially and increased $427 million year-over-year. Total segment operating income was $508 million for the third quarter of 2021, up 14% sequentially and up 46% year-over-year.

Adjusted operating income (a non-GAAP measure) for the third quarter of 2021 was $402 million, which excludes adjustments totaling $24 million before tax, mainly related to restructuring and separation related charges. A complete list of the adjusting items and associated reconciliation from GAAP has been provided in Table 1a in the section entitled “Reconciliation of GAAP to non-GAAP Financial Measures.” Adjusted operating income for the third quarter of 2021 was up 21% sequentially, driven by volume in Oilfield Services, and margin expansion in Turbomachinery & Process Solutions, partially offset by margin contraction in Oilfield Equipment. Adjusted operating income was up 72% year-over-year driven by volume and margin expansion in the Turbomachinery & Process Solutions and Oilfield Services segments, partially offset by lower volume in Oilfield Equipment and margin contraction in the Digital Solutions segment.

Depreciation and amortization for the third quarter of 2021 was $262 million.

Adjusted EBITDA (a non-GAAP measure) for the third quarter of 2021 was $664 million, which excludes adjustments totaling $24 million before tax, mainly related to restructuring and separation related charges. Adjusted EBITDA for the third quarter was up 9% sequentially and up 21% year-over-year.

Corporate costs were $105 million in the third quarter of 2021, down 5% sequentially and down 8% year-over-year.

Other Financial Items

Income tax expense in the third quarter of 2021 was $193 million.

Other non-operating loss in the third quarter of 2021 was $102 million. Included in other non-operating loss are losses from the net change in fair value of our investment in C3.ai.

GAAP diluted earnings per share was $0.01. Adjusted diluted earnings per share was $0.16. Excluded from adjusted diluted earnings per share were all items listed in Table 1a in the section entitled "Reconciliation of GAAP to non-GAAP Financial Measures" as well as the "other adjustments (non-operating)" found in Table 1c.

Cash flow from operating activities was $416 million for the third quarter of 2021. Free cash flow (a non-GAAP measure) for the quarter was $305 million. A reconciliation from GAAP has been provided in Table 1d in the section entitled "Reconciliation of GAAP to non-GAAP Financial Measures."

Capital expenditures, net of proceeds from disposal of assets, were $111 million for the third quarter of 2021.

Results by Reporting Segment

The following segment discussions and variance explanations are intended to reflect management's view of the relevant comparisons of financial results on a sequential or year-over-year basis, depending on the business dynamics of the reporting segments.

Oilfield Services

(in millions)

Three Months Ended

 

Variance

Oilfield Services

September 30,
2021

June 30,
2021

September 30,
2020

 

Sequential

Year-over-
year

Revenue

$

2,419

 

$

2,358

 

$

2,308

 

 

3

%

5

%

Operating income

$

190

 

$

171

 

$

93

 

 

11

%

F

 

Operating income margin

7.9

%

7.3

%

4.0

%

 

0.6

pts

3.8

pts

Depreciation & amortization

$

183

 

$

195

 

$

217

 

 

(6

)%

(16

)%

EBITDA*

$

373

 

$

366

 

$

310

 

 

2

%

20

%

EBITDA margin*

15.4

%

15.5

%

13.4

%

 

(0.1

)pts

2

pts

Oilfield Services (OFS) revenue of $2,419 million for the third quarter increased by $60 million, or 3%, sequentially.

North America revenue was $714 million, up 3% sequentially. International revenue was $1,705 million, an increase of 2% sequentially, driven by higher revenues in the Middle East, Latin America and Russia CIS, partially offset by lower revenues in Europe, Asia Pacific and Sub Saharan Africa.


Contacts

Investor Relations
Jud Bailey
+1 281-809-9088
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Media Relations
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Execution of an estimated $6.7m in new contracts highlights value of company’s 50-years of experience achieving its growth objectives

WILLISTON, Vt.--(BUSINESS WIRE)--$isun #cleanenergy--iSun, Inc. (NASDAQ: ISUN) (the “Company”, or “iSun”), a leading solar energy and clean mobility infrastructure company with 50-years of construction experience in solar, electrical and data services, today announced that it has been awarded contracts for Solar Engineering, Procurement and Construction (“EPC”) services across three separate projects in Maine. Once complete, the projects will yield over 20mw of solar production; Combined, the contract values exceed $6.7 million.


HIGHLIGHTS:

  • Portfolio award signifies iSun’s successful execution of its organic growth strategy identified in its recent investor presentation.
  • $6.7 million portfolio highlights iSun’s ability to enter new geographic markets and build new customer relationships
  • Awards illustrate iSun’s 50-year legacy, experience bringing complex projects on-line on time and on-budget.

The award reflects iSun’s progress towards its previously stated growth objectives. First announced in late 2019, iSun’s growth strategy highlighted the specific steps the organization would take to accelerate the nation’s transition to solar energy across all sectors. This award is congruent with one of the three core pillars of this strategy - the organic growth of its Industrial and Utility EPC business throughout New England.

“This award reflects the progress we’ve steadily been making against our three-pronged strategy for growth,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun. “Equally important, these contracts reflect our ability to successfully navigate the market conditions affecting the solar EPC landscape,” continued Peck. “As stated previously, we’re not immune to the challenges COVID has created within the Solar EPC operating environment. iSun however, is not like most Solar EPCs. We’ve over 50 years of experience managing projects of similar scale and complexity, in similar climates. Such experience affords iSun a tremendous advantage when trying to reconcile increased demand with limited labor and materials, as evidenced by our ability to execute on projects like these.”

About iSun Inc.

Since 1972, iSun has accelerated the adoption of proven, life-improving innovations in electrification technology. iSun has been the trusted electrical contractor to Fortune 500 companies for decades and has installed clean rooms, fiber optic cables, flight simulators, and over 400 megawatts of solar systems. The Company has provided solar EPC services across residential, commercial & industrial, and utility scale projects and provides solar electric vehicle charging solutions for both grid-tied and battery backed solar EV charging systems. iSun believes that the transition to clean, renewable solar energy is the most important investment to make today and is focused on profitable growth opportunities. Please visit www.isunenergy.com for additional information.

Forward Looking Statements

This press release includes 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, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.


Contacts

IR:
Tyler Barnes
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802-289-8141

Leading investment firm works to accelerate the transition to clean energy through inclusion, collaboration, and transparent reporting

NEW YORK--(BUSINESS WIRE)--#EIPESG--Energy Impact Partners (EIP), one of the world’s leading investors focused on the clean energy transition, announced today it has issued its 2021 ESG and Impact Performance Report. EIP’s impact expanded in 2020 with increased carbon savings across its portfolio – notably, lifetime carbon savings increased by 42 percent - and a new fund devoted entirely to founders and leaders from underrepresented groups in its industry.


EIP’s ESG and Impact Performance Report measures the environmental impact and DE&I efforts of the firm’s investment activities in 2020, as well as its portfolio companies’ ESG performance. Highlights from this year’s report include the following:

Measurable impact generated by EIP:

  • Coalition of strategic investors achieved CO2e emission reductions of 40 percent
  • Launched the Elevate Future Fund, which aims to create a more diverse founder community and inclusive venture capital ecosystem within the broader energy transition
  • Provided additional DE&I training and a summer internship program focused exclusively on expanding DE&I in the clean energy sector
  • Portfolio supported over 3,500 jobs and created over 1,000 new clean energy jobs

Measurable impacts generated by EIP’s portfolio companies:

  • 2.8 million metric tons of CO2e avoided – equivalent to planting 46 million trees or taking 590,000 cars off the road – an increase of 56% over 2019
  • Saved 150 million gallons of fuel– the equivalent of 3.7 billion vehicle miles driven per year – an increase of 59% over 2019
  • Reduced the consumption of electricity by 3.2 million MWh – equivalent to the annual electricity consumption of 290,000 homes per year – up 90% from 2019
  • Mitigated the use of 1.9 billion gallons of water – the equivalent of 22,000 households per year – up 46% from 2019

As its platform has grown, EIP has expanded and improved its ESG and impact measurements to increase transparency and accountability in the industry. This year, EIP measured its impact in four distinct pathways including direct impacts, foundational impacts, partner impacts and industry thought leadership. The firm also improved its ESG data collection and evaluation questionnaires and systems, particularly for evaluating potential investments DE&I impact, policies and goals.

“We are a data driven organization. We were custom-built on the premise of having an impact on both our partners future and the environment. Measuring that impact has always been an integral part of fulfilling this mission. As our platform has grown, we have expanded and improved our ESG and impact measurement across all our funds, starting with formal impact reporting more than three years ago,” said Hans Kobler, Founder & Managing Partner at EIP.

“Tackling climate change and the path towards net zero carbon is a massive challenge. Collaboration between key stakeholders is the key to getting us there on time,” said Peter Fox-Penner, Chief Impact Officer and Partner at EIP.

EIP is deeply engaged with an industry that is at the core of the energy transition. The firm brings together a diverse group of forward-looking utilities, companies and entrepreneurs that are committed to reduce greenhouse gas emissions. EIP’s partner networks owns and manages massive energy and industrial systems across four continents; serves more than 200 million residential electric customers, and collectively spends more than $65 billion in capital expenditures each year.

For more information about EIP’s ESG and Impact Performance Report, click here.

About EIP

Energy Impact Partners, LP (EIP) is a global investment platform leading the transition to a sustainable energy future. EIP brings together entrepreneurs and the world's most forward-looking energy and industrial companies to advance innovation. With over $2 billion in assets under management, EIP invests globally across venture, growth, credit, and infrastructure – and has a team of more than 50 professionals based in its offices in New York, San Francisco, Palm Beach, London, Cologne and Oslo. For more information on EIP, please visit www.energyimpactpartners.com


Contacts

Media:
Tori McDonnell
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703-338-2362

New Tool Enables Departments of Transportation to Analyze Rights-of-Way for Zero-Carbon Electric Grid Expansion

REDLANDS, Calif.--(BUSINESS WIRE)--Research published by the Webber Energy Group (WEG) at the University of Texas at Austin, and by The Ray, a nonprofit studying technologies that can transform the transportation sector for a Vision Zero future, documented the efficiency and economic, societal, and environmental benefits of installing solar arrays on interstate right-of-way (ROW) land. The findings revealed that solar panels at these exits could generate up to 36 terawatt hours (TWh) a year—enough to power 12 million passenger electric vehicles—with the value of the energy generated by roadside solar panels estimated at $4 billion per year.


However, simply installing solar arrays at interchanges, exits, rest areas, and visitor centers—which are maintained by state governments—can be challenging due to safety, environmental, and future land-use considerations.

To help address this, The Ray partnered with Esri, the global leader in location intelligence, to configure an ROW solar mapping tool that can help users quickly and precisely analyze how suitable and economically valuable ROW locations might be for solar array placement.

"Since our founding, The Ray has been inspired by the opportunity we saw in the underutilized land along highway roadsides," said Laura Rogers, deputy director of The Ray. "Now, with the support of this cutting-edge solar mapping tool, The Ray can work with transportation agencies across the country to help them envision and plan solar energy projects using their ROW land in a way that simply wasn't available before."

The new mapping tool is also capable of producing precise configurations of solar arrays on all types of ROW, utilizing the state department of transportation's (DOT) own datasets. Built using Esri's ArcGIS software suite, the tool includes advanced 3D modeling, solar radiation calculations based on elevation and surface, and viewshed analysis.

Rogers continued, "What used to take weeks or months to evaluate suitability for roadside solar development, this tool that Esri provided accomplishes at a fraction of the time with much more precision."

With a location built on 18 miles of west Georgia's section of Interstate 85, The Ray also functions as a proving ground for new technologies like solar power, electric vehicle (EV) charging stations, and smart landscape architecture that can serve as a model for sustainable infrastructure management.

"The partnership between Esri and The Ray essentially helps the country rethink the ROW and move toward a stewardship model for the tens of thousands of acres on the highway roadsides," said Allie Kelly, executive director for The Ray. "It goes beyond transportation and explores the highest and best use for state DOTs. For some, the priority may be rural broadband or buried energy transmission lines."

The organization now works within 15 states with over two dozen transportation agencies to replicate their success as a clean highway test bed.

"The Ray is helping state departments of transportation understand the economic and social value of their ROWs for producing renewable energy and making a contribution to our climate challenges, all designed to support a more sustainable transportation future," said Terry Bills, Esri global transportation industry director.

In addition to calculating the economic potential of all the land area within the ROW, Esri's solar tool also enables state DOTs and other transportation agencies to do the following:

  • Anticipate unintended consequences—and their effect on nearby communities—of installing solar panels on the highway roadsides, such as the interruption of a scenic viewshed
  • Engage in preliminary site planning exercises, including having the ability to alter the shape, size, or scope of any solar array in order to address a potential social impact, and compare the economics of various scenarios
  • Plan solar arrays on other ROW areas like rest stops and park-and-ride sites, providing solar canopy as well as feeding clean energy into EV charging stations available for commuters

Kelly continued, "On The Ray Highway, we have demonstrated renewable solar [arrays] on the roadside, and now with Esri, we have the best tools to help other states move quickly to explore, plan, and build out their own ROW projects."

To learn more about how Esri and The Ray are helping departments of transportation make the best use of their rights-of-way, visit theray.org/technology/solar/.

About The Ray

The Ray is a 501(c)(3) nonprofit charity and highway test bed, located on Georgia's I-85 between LaGrange and the Alabama state line. It begins with an 18-mile stretch of interstate named in memory of Ray C. Anderson (1934-2011), a Georgia native recognized as a leader in green business when he challenged his company, Interface Inc., to pursue a zero environmental footprint. The Ray Highway continues that legacy by paving the way for a zero carbon, zero waste, zero death highway system to build a safer and more prosperous future for all.

About Esri

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com.

Copyright © 2021 Esri. All rights reserved. Esri, the Esri globe logo, ArcGIS, Excalibur, The Science of Where, esri.com, and @esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Community, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners.


Contacts

Jo Ann Pruchniewski
Public Relations, Esri
Mobile: 301-693-2643
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Meredith Stinson
Director of Communications, The Ray
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HOUSTON--(BUSINESS WIRE)--The 26th annual Halliburton Charity Golf Tournament raised $2.6 million for over 75 U.S. nonprofit organizations, once again making it one of the largest non-PGA golf tournament fundraisers. The tournament has raised more than $25 million for charities since it started in 1993.


Suppliers, employees, and Halliburton volunteers participated in the fundraiser, held at The Clubs of Kingwood, and 130 organizations sponsored the event.

We are grateful for our sponsors who, with their generous contributions, made this event possible. It is an honor to provide funds to these outstanding charities whose work makes a positive difference in the lives of thousands of individuals every day,” said Jeff Miller, Halliburton chairman, president and CEO.

Out of the over 75 charities who benefited, the Halliburton Charitable Foundation invited 31 to join the golfers at the event. This year’s participating charities are:

Astros Foundation

Houston Police Foundation

Be An Angel

Inheritance of Hope, Inc.

Books Between Kids

Katy Prairie Conservancy

Brighter Bites

Kids’ Meals

Buckner Children and Family Services

Medical Bridges, Inc.

Casa De Esperanza de los Ninos

Inspiration Ranch

Children’s Assessment Center Foundation

Rebuild Together, Inc.

Communities in Schools of Houston

Safe Kids Worldwide

Dress for Success

Search Homeless Services

El Centro de Corazon

The Council on Recovery

Freedom Service Dogs

The Landing

Girls, Inc.

The Montrose Center

Greens Bayou Corridor Coalition

The Village Learning Center

High Sky Children’s Ranch

Trees for Houston

Houston Area Women’s Center

Undies for Everyone

Houston Food Bank

 

ABOUT HALLIBURTON

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 40,000 employees, representing 130 nationalities in more than 70 countries, the Company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the Company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.


Contacts

For Investors:
David Coleman
Investor Relations
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281-871-2688

For News Media:
Erin Fuchs
External Affairs
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281-871-2601

Smart Communications, an Advent partner, is currently rolling out fuel cell sites across the Philippines on rooftops, on-ground and in challenged-grid areas to boost sustainable energy solutions for IT infrastructure as part of the United Nations Race to Zero Campaign, its green transition

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that with its partner, Smart Communications Inc. (”Smart”), the company has successfully completed the first installation of its HG 5000 fuel cell systems across the Philippines. The delivery Agreement was made earlier this year between Smart in the Philippines and Advent Technologies A/S in Denmark (formerly SerEnergy A/S).


Smart’s partnership with Advent follows its commitment to the United Nations Race to Zero Campaign with the GSM Association (GSMA), as a member of the trade alliance’s Climate Action Task Force. The movement of the global industry of mobile network operators highlights its broad-based commitment to zero emissions from all stakeholders. Race to Zero is a global campaign that aims to mobilize leadership and support from businesses, cities, regions, and investors for a net zero carbon emissions by 2050.

Dr. Vasilis Gregoriou, Advent Technologies Holdings Chairman and CEO said, “The successful roll-out of our fuel cell systems is a major step forward in showcasing our commitment to decarbonizing the world at a faster and more efficient rate. Our work is in line with initiatives such as the United Nations Race to Zero Campaign; and we are proud to bring our CO2-reducing technologies into play at Smart’s telecommunications sites in the Philippines.”

As the wireless arm of the Philippines’ largest fully integrated telecommunications company, PLDT Inc., Smart’s shift to green energy follows the announcement of the Philippines Department of Energy in Q4 of 2020 that the government will no longer accept proposals to build new coal power plants, from the new Energy Conservation and Efficiency Act signed into law in 2019. These significant policy shifts support the deployment of cleaner energy sources to help ensure more sustainable growth for the country.

Morten Hougaard Sørensen, Advent Technologies A/S Senior Vice President, added, “We are proud that Smart has chosen our clean power technology to pursue the use of renewable energy in their facilities and solve simultaneously their challenges for 5G requirements as our systems offer them an easily scalable solution with a cost-effective extension of runtime. Our fuel cells are the next step for customers in the green transition. We welcome customers who care for their business. We welcome customers who care for their climate accountability. We welcome customers who take actions. Together, we make it happen.”

Alfredo S. Panlilo, Smart Communications President and CEO and PLDT Chief Revenue Officer, noted, “PLDT and Smart are active advocates of sustainable development. As we face daunting challenges on how to protect our environment and promote more equitable social development, Smart’s cutting-edge technologies can play a significant role in rallying the right socio-environmental mindset and driving a greater sense of responsibility to the planet.”

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems, and the critical components for fuel cells in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With more than 100 patents issued for its fuel cell technology, Advent holds the IP for next-generation HT-PEM that enable various fuels to function at high temperatures under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.

About Smart Communications, Inc.

Smart Communications, Inc. (Smart) is a wholly owned wireless communications and digital services subsidiary of PLDT, Inc., the Philippines’ largest and only integrated telecommunications company. Smart serves approximately 95% of the country’s cities and municipalities with its combined 2G, 3G, 4G LTE, and 5G network*, providing mobile communications services, high-speed internet connectivity, and access to digital services and content to over 72.9 million Filipinos*, through its commercial brands Smart and TNT. Smart also offers satellite communication services under the brand Smart World. As part of PLDT’s massive digital transformation program, Smart has committed to give more than 96% of the population access to its most advanced LTE-A and 5G networks, in order to support the country’s growing digital economy, as well as provide the best customer experience for an increasingly digital Filipino lifestyle.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance our corporate reputation and brand; expectations concerning our relationships and actions with our technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in our Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 20, 2021, as well as the other information we file with the SEC. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.


Contacts

Media Contacts

Advent Technologies Holdings, Inc.
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Sloane & Company
James Goldfarb / Emily Mohr
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UNIONDALE, N.Y.--(BUSINESS WIRE)--#billingsoftware--EC Infosystems, a leader in Electronic Data Interchange (EDI) and Billing/Customer Information Solutions (CIS) for companies in the deregulated energy industry, announced their annual user conference has been moved to February 2-4, 2022 and will remain at The Four Seasons Resort and Spa in Orlando, Florida.


In facing the difficult decision to push the event scheduled for November 2021, EC Infosystems will offer a half-day virtual session on November 11, 2021. The virtual gathering will feature an abbreviated version of the original agenda, with a full agenda for the in-person event to be released in the coming months. Virtual registration is open currently.

Located conveniently in the Walt Disney hotel district and just three miles from the legendary theme parks, the user conference will be held at the sprawling Four Seasons Resort and Spa at 10100 Dream Tree Boulevard LAKE BUENA VISTA, Orlando, FL 32836.

“The continued health of our clients, employees, and communities are a top priority, and we made the tough choice to push our event to February when we believe the pandemic will be in a safer state for both Florida and in the pandemic as a whole,” says EC Infosystems’ President and CEO, Mohan Wanchoo.

The 2022 event will focus on “Driving Growth.” Retailers can expect to collaborate, learn, and strategize significant growth opportunities leveraging EC Infosystems’ industry leading technology and tools.

“We look forward to welcoming our clients into a safe environment in February,” says Ananda Goswami, EC Infosystems’ Chief Revenue Officer.

User conference registration is complimentary and open for registration only to EC Infosystems’ EDI and Billing clients. Attendees are encouraged to take advantage of the extremely discounted lodging options at The Four Seasons Orlando early. EC Infosystems will also be offering a limited number of sponsorship opportunities for any energy industry companies looking to partner with their expansive customer base. To learn more or register, please visit the EC Infosystems’ website and reserve your spot today.

About EC Infosystems

EC Infosystems is a market-leading Software as a Service provider (SaaS) of Electronic Data Interchange (EDI) and UtiliBill™ (Billing/Customer Information Solutions (CIS)), serving more than 300 clients in the deregulated energy industry across the United States. The company's sophisticated software platform is user friendly, improves efficiency and operating performance, and provides clients with a strong competitive advantage. For more information, visit www.ecinfosystems.com.


Contacts

ECI Media
Andreya Shaak
EC Infosystems
516-874-8000
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  • The new DC-coupled SolarEdge Energy Bank battery introduces industry-leading 94.5% round-trip efficiency for longer periods of home backup
  • The new SolarEdge Energy Hub inverters offer up to 11.4kW power and 10.3kW backup power to support more loads when the grid is down
  • Both products are part of a new full system solution called “SolarEdge Home” which seamlessly integrates solar and storage with a variety of SolarEdge smart energy devices

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, today announced the commercial availability of the SolarEdge Energy Bank residential battery in North America. The highly efficient DC-coupled battery provides 9.7kWh of backup power and can connect with up to eight additional batteries, delivering up to 87kWh of backup capacity, while offering future compatibility with third-party generators.



SolarEdge also announced today the availability of its new SolarEdge Energy Hub inverter models ranging from 7.6kW up to 11.4kW PV power and 10.3kW backup power, with 200% DC oversizing to deliver higher energy yield for the home. The Energy Hub high backup power inverters simplify installations by reducing the need for Main Panel Upgrades (MPU), and shorten installation time by connecting wirelessly with the SolarEdge Energy Bank battery and a variety of smart energy devices, including the SolarEdge Home EV Charger.

Both the SolarEdge Energy Hub inverter and the SolarEdge Energy Bank battery are part of the new SolarEdge full residential solution called “SolarEdge Home”, an intelligent smart energy management system that allows homeowners to better manage and monitor solar energy production, consumption and backup storage in real time. The SolarEdge Home system is controlled from the mySolarEdge mobile app, which helps prioritize loads based on homeowner preferences, and applies smart algorithms that aid economical decision-making while taking into account external factors, such as weather events.

“The need for reliable, home backup power has never been greater,” said Peter Mathews, General Manager of SolarEdge, North America. “We developed an integrated solar and battery solution that allows for simpler and faster installation time and enables homeowners to power more of their everyday lives with clean, renewable energy.”

The SolarEdge Energy Bank battery and the SolarEdge Energy Hub inverter models are now available to order in North America.

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


Contacts

North America
Miguel Afonso / Emma Jenkinson
Incus Media
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Corporate
SolarEdge Technologies
Lily Salkin
Public and Media Relations
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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 fourth quarter and full year fiscal 2021 results on Tuesday, October 26, 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 fourth quarter and full year fiscal 2021 financial results prior to the market open on Tuesday, October 26, 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, which includes 31 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, the Company also is the largest super-yacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufactures boats and yachts with sales through our select retail dealership locations and through independent dealers. 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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Cardiff and Birmingham terminals consistently achieve 90%+ automation and improved turn times with integrated TOS deployment

SEATTLE--(BUSINESS WIRE)--Tideworks Technology® Inc. (Tideworks), a full-service provider of comprehensive terminal operating system (TOS) solution, today announced that its Intermodal Pro® and Traffic Control™ solutions are now live at multiple G&W UK terminal operations. The latest deployments at G&W’s UK terminals, owned and operated by Freightliner in Cardiff and Birmingham, include integration with Advent eModal’s vehicle booking system and Camco Technologies’ (Camco) gate management system to create the first automated gate solution designed specifically for UK rail and terminal operations. Tideworks Intermodal Pro and Traffic Control are in use at a total of seven Freightliner terminals thus far and are on course to go live at the remaining G&W UK terminals by early 2022.



Tideworks’ intermodal TOS solutions enable real-time rail and yard planning and enhanced utilization at the terminals. In Q1 2020, G&W’s Freightliner and Pentalver subsidiaries selected Tideworks as their intermodal solutions provider for their UK rail and container terminal network. Prior to that, Tideworks’ legacy solution was in place. After conducting a thorough market analysis of TOS solutions, G&W’s UK operations elected to roll out Tideworks’ next-generation intermodal solutions, Intermodal Pro and Traffic Control, across its network. As part of the rollout at the Cardiff and Birmingham terminals, Tideworks collaborated with Advent eModal and Camco to successfully deploy an automated, integrated gate and TOS solution that supports advanced appointment needs and facilitates predictive container planning for G&W's UK rail operations.

“We’re proud to deliver an integrated system that helps G&W meet their evolving operating and automation needs while also improving efficiencies and experiences for customers,” said Mark Bromley, vice president of Intermodal Rail at Tideworks. “The successful go-live and integration of Intermodal Pro with Advent eModal and Camco validate our solution as an agile, intelligent management system that can play a critical role in improving turn time efficiency and achieving automation goals.”

After deploying Intermodal Pro, G&W UK operations have seen positive results through increased automation and efficiency. For example, before deploying the solution, it took the Birmingham terminal two hours to clear the gate queues at the start of the week. With the automated solution in place, it now takes just 20 minutes.

“Supply chain innovation is needed more than ever in today’s world. We are pleased with the initial results and strong collaboration among our key technology providers to deploy integrated TOS, gate, and vehicle booking systems solutions that simplify the customer experience, speed up truck turnaround times and provide more scalable and predictive services to our customers,” said Dr. Tianbing Qian (TQ), G&W’s chief information officer. “We’re consistently achieving high automation rates and have received positive feedback from hauler dispatchers, drivers, and terminal operations staff about the ease of use provided by the solution. We value our partnership with Tideworks and are eager to roll out Intermodal Pro across all of G&W’s terminals.”

Tideworks provided implementation services for the go-live on a fully remote basis, which included project management, software configuration and installation, integration services, user training, and go-live assistance. Tideworks will continue to offer G&W ongoing maintenance and support services, including 24/7 technical assistance and software upgrades.

About Tideworks Technology

Tideworks is a full-service provider of comprehensive terminal operating system solutions for growing marine and intermodal terminal operations worldwide. The company helps more than 120 facilities run their operations more efficiently and profitably. From optimized equipment utilization to faster turn times, Tideworks works at every step of terminal operations to maximize productivity and customer service. For more information about Tideworks Technology, a Carrix solution, visit www.tideworks.com.

About Genesee & Wyoming

G&W owns or leases 116 freight railroads organized in locally managed operating regions with 7,300 employees serving 3,000 customers.

G&W’s UK/Europe Region companies include Freightliner, the UK’s largest rail maritime intermodal operator and second-largest freight rail provider, and Pentalver, a leading UK container logistics services provider as well as regional rail services in continental Europe.


Contacts

Colleen Moffitt
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206-282-4923 ext. 113

  • Jack adds customer insight as well as deep knowledge into charging infrastructure needs and challenges to the board

LOVELAND, Colo.--(BUSINESS WIRE)--$ZEV #commercialevs--Lightning eMotors (NYSE: ZEV), a leading provider of all-electric powertrains and medium-duty and specialty commercial electric fleet vehicles, announced today that Kenneth Jack, vice president of fleet operations for Verizon Communications, was elected to the Lightning eMotors Board of Directors effective October 7th.



Jack, 47, brings to the board more than 25 years of experience in fleet, logistics and operations management. With the addition of Jack, Lightning eMotors now has seven directors. Shareholders also reelected Robert Fenwick-Smith, Chairman of Lightning eMotors’ Board of Directors, and CEO Tim Reeser to the board.

“Ken Jack is an exciting addition to our Board of Directors,” Fenwick-Smith said. “His proven mobility and fleet operations leadership, and insights into Voice of the Customer, will be instrumental in helping us drive value for shareholders and other stakeholders as we continue to advance our commitment to simplifying fleet electrification.”

As Verizon Communications’ vice president of fleet operations, Jack is responsible for all procurement, performance, maintenance, operations, and policy related to Verizon's almost 30,000 vehicle North America fleet. Prior to joining Verizon in 2011, Jack was the general manager of transportation operations for Con Edison. There, he was responsible for all engineering, fleet procurement, administration, compliance, asset management and maintenance activities for Con Edison of NY and Orange & Rockland Utilities.

“Ken will not only provide valuable insights into the minds of our customers, he also brings a deep understanding of the nation's electric grid. He has first-hand knowledge of the challenges and opportunities related to developing a nationwide fleet electric vehicle charging infrastructure,” Reeser said. “His knowledge and insight will help us as we broaden our all-inclusive Charging-as-a-Service (CaaS) offerings for our commercial vehicle customers.”

In addition to his executive leadership roles, Jack is active in both community and industry organizations, holding Board of Directors positions with the NAFA Fleet Management Association, the General Motors EV Vision Advisory Board, WEX and Build Edison as the Mobility & Fleet Advisor since 2018. Jack holds a degree in Mechanical Engineering from Polytechnic/NYU, an MBA from Columbia University and was named Automotive Fleet Magazine’s “Fleet Executive of the Year” in 2019.

“Joining the Lightning eMotors Board feels like a culmination of my almost 30 years in this profession. I’m excited to work with Robert, Tim and other board members to further advance their values, vision and commitment to delivering the highest quality electric commercial vehicles, service and charging solutions available,” Jack said. “Fleets today are challenged to both select and deploy EVs that meet their operational needs, as well as to ensure access to charging infrastructure. I spend much of my day thinking about this issue in my role at Verizon and I look forward to working with Lightning eMotors in its position as an industry leader as we collectively work towards answering those compelling questions.”

Lightning eMotors, (NYSE: ZEV) has been providing specialized and sustainable fleet solutions since 2009, deploying complete zero-emission-vehicle (ZEV) solutions for commercial fleets since 2018 – including Class 3 cargo and passenger vans, Class 4 and 5 cargo vans and shuttle buses, Class 4 Type A school buses, Class 6 work trucks, Class 7 city buses, and Class A motor coaches. The Lightning eMotors’ team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs including school buses and ambulances, with a full suite of control software, telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency. Lightning eMotors also offers charging technologies and “charging as a service” (CaaS) to commercial and government fleets via its Lightning Energy division. To learn more, visit https://lightningemotors.com.


Contacts

Lightning eMotors Media Relations Contact:
Nick Bettis
(800) 223-0740
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Lightning eMotors’ Investor Relations Contact:
Nick Bettis
(800) 223-0740
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Power Plant Service Provider Also Received a #21 Ranking in the List of Top Power Sector Contractors

BATON ROUGE, La.--(BUSINESS WIRE)--Allied Power, a full-service provider of power plant services, received top rankings within the Engineering News-Record’s (ENR) annual list of Top 400 Contractors, which provides detailed insights into various construction and contractor programs throughout the United States. Allied Power placed #2 on the list of Top Operations and Maintenance Contractors within the Power category and #21 within the list of Top Power Sector Contractors.


ENR’s rankings were determined based on 2020 revenue results, and despite the global pandemic, the Top 400 reached $414.88 billion, which is a .12% increase from last year.

“Despite emerging from a particularly challenging year within the contracting and power industry, Allied Power witnessed a record year,” said Ron McCall, Chief Executive Officer of Allied Power. “This, coupled with continued diversification of our services with top utility partners and receiving this recognition by one of the top industry publishers in the contracting sector, further solidifies our strong reputation and quality of services within the marketplace.”

With commitment to environmental protection over productivity and physical property, Allied Power proudly provides routine maintenance, outage management, capital construction, and specialty services to customers, employee communities and owners alike. Allied Power guides these interactions keeping safety and cost-effectiveness top of mind.

ABOUT ALLIED POWER
Allied Power is a diversified, full-service provider of power plant services spanning the entire asset life cycle. The Allied Power team and leadership has vast experience in the utility industry and expertise in nuclear generation. Utilizing this expertise, Allied Power is able to provide customers with proven, practical, and innovative approaches that maximize the efficiency and cost effectiveness of utilities facility maintenance and management without sacrificing safety or quality. Allied Power provides a full range of professional, technical and craft services including routine maintenance, outage, and capital construction services. To learn more at Allied Power, visit https://www.alliedpwr.com.


Contacts

Tamara Davis
Director of Public Relations and Social Media
(270) 202-8516
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New Jersey Natural Gas, Columbia Gas of Ohio, DTE Energy, TECO Peoples Gas and Southwest Gas Rank Highest in Respective Regions


TROY, Mich.--(BUSINESS WIRE)--Renewable natural gas has become a hot topic and gas utility business customers like to hear about it, according to the J.D. Power 2021 U.S. Gas Utility Business Customer Satisfaction Study,SM released today. This year, the study is redesigned to include questions on renewable energy and is a topic that clearly drives satisfaction. Specifically, when customers receive a communication from their gas utility, they have an overall satisfaction score of 877 (on a 1,000-point scale), while those who do not receive any communication have a score of 794.

“We found that only 9% of gas business customers are aware of communications from their utility around renewable natural gas,” said Mark Spalinger, director of utilities intelligence at J.D. Power. “With such a low recall of this communication topic and its higher satisfaction if recalled, it is clear that this is an area that utilities must focus on to increase satisfaction.”

Study Rankings

The industry results for the 2021 study are reported across four U.S. geographic regions: East, Midwest, South and West. The following utilities rank highest in customer satisfaction in their respective region:

  • East: New Jersey Natural Gas
  • Midwest: Columbia Gas of Ohio & DTE Energy (in a tie)
  • South: TECO Peoples Gas (for a third consecutive year)
  • West: Southwest Gas (for a second consecutive year)

See the rank charts for each region at http://www.jdpower.com/pr-id/2021137.

Now in its 17th year, the Gas Utility Business Customer Satisfaction Study measures business customer satisfaction with gas utility companies in four regions: East, Midwest, South and West. Each of the 59 brands included in the study serve more than 25,000 business customers, representing more than 4.4 million business customers in total. Overall satisfaction is measured by examining six factors (listed in order of importance): safety and reliability (22%); billing and payment (17%); corporate citizenship (17%); price (16%); communications (14%); and customer contact (14%).

The study is based on responses from more than 8,980 online interviews of business customers in decision-making roles related to their utility company. The study was fielded in two waves: January through April 2021 and May through September 2021.

For more information about the Gas Utility Business Customer Satisfaction Study, visit https://www.jdpower.com/business/utilities/gas-utility-business-customer-satisfaction-study

About J.D. Power

J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.

J.D. Power is headquartered in Troy, Mich., and has offices in North America, Europe and Asia Pacific. To learn more about the company’s business offerings, visit JDPower.com/business. The J.D. Power auto shopping tool can be found at JDPower.com.

About J.D. Power and Advertising/Promotional Rules: www.jdpower.com/business/about-us/press-release-info


Contacts

Media Relations Contacts
Geno Effler, J.D. Power; West Coast; 714-621-6224; This email address is being protected from spambots. You need JavaScript enabled to view it.
John Roderick; East Coast; 631-584-2200; This email address is being protected from spambots. You need JavaScript enabled to view it.

Accor to Highlight its On-Property Sustainability Enhancements via HRS’ Innovative Technology, Simplifying the Presentation and Promotion of Green Hotels to Corporate Hotel Procurement Leaders


PARIS & COLOGNE, Germany--(BUSINESS WIRE)--#BusinessTravel--HRS, the leading global corporate lodging platform, announced the addition of Accor properties, a world leading hospitality group, in HRS’ new Green Stay Initiative. This decision provides analytical and time-saving benefits to corporate hotel procurement executives as they increasingly require sustainability data as they consider which properties to include on their list of preferred hotels for 2022 and beyond.

“The world’s leading multi-national companies are promoting their aspirations to achieve net-zero operations by 2030 or sooner. These company-wide goals impact managed travel programs, who are tasked to travel more sustainably as they recover from the pandemic,” said HRS CEO Tobias Ragge. “Dozens of corporations have already indicated in their hotel RFPs that metrics on energy, water and waste are required for consideration. The need for automation to efficiently deliver such data from hotels to procurement leaders and travelers is vital in today’s corporate lodging landscape.”

HRS launched its breakthrough Green Stay Initiative in March, providing a seamless and transparent avenue for hotels to share performance metrics on energy, water and waste, while also enabling corporations to steer bookings to hotels aligned with their carbon-related goals. Using a unique algorithm based on validated United Nations and Greenhouse Gas Protocol methodologies, HRS then delivers analytical data to travel program leaders to consider during their hotel procurement process. Icons in online booking displays make it easy for travelers to see the preferred green hotels in their program, further enhancing compliance. HRS works with more than one-third of the Fortune 500 on their hotel programs and Accor is the first global hospitality group to join the Green Stay Initiative.

Accor has always strived to make a positive impact by implementing key initiatives such as plastic elimination, carbon-neutral buildings, food waste and energy consumption. “We’re happy to collaborate with HRS to help amplify our sustainability improvements,” said Markus Keller, Senior Vice President of Sales & Distribution of Accor. “We’re committed to an ongoing effort in this area to help keep the planet safe and secure safe traveling for future generations to come.”

SmartBrief, the leading digital media publisher for business news, recognized HRS’ Green Stay Initiative with a SmartBrief Innovation award in September. Business Travel News also selected the Green Stay Initiative for its prestigious Innovate conference, taking place on October 22 in New York.

“Sustainability is the major issue of this decade, and will likely impact managed business travel more than anything we’ve seen since the dawn of the Internet,” said HRS CEO Tobias Ragge. ”We’re thrilled to once again work with the leaders of Accor on pioneering industry initiatives that deliver benefits to a broad audience of travelers, corporations, hoteliers and other influential parties.”

About HRS

HRS is revolutionizing managed lodging programs for corporations, hotels and business travelers worldwide with its proprietary technology and expertise. The company is committed to facilitating safety, savings, security, satisfaction and sustainable hotel options for its global client roster. Leveraging its unique Lodging as a Service platform, HRS oversees the totality of corporate hotel programs for its clients, from initial procurement and rate assurance to booking, virtual payment and expense management. With more than 70,000 hotels joining HRS’ Clean & Safe Protocol in 2020, and the recently launched Green Stay Initiative, the company provides newly-prioritized information on key decision factors impacting post-pandemic travel. The company’s data-driven solutions deliver savings and performance for corporations across all hotel categories, including transient, meetings and long-stay lodging scenarios – all while digitizing processes on the hotel side for a better traveler experience. Founded in 1972, HRS today works with 35 percent of the global Fortune 500, as well as the world’s leading hotel chains, regional hospitality groups and independent hotels. More information at www.hrs.com/enterprise.


Contacts

Michael Brophy
HRS Press Spokesman
Phone +1 214-356-4326
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) will release its third quarter 2021 financial results after market close on November 3, 2021. Senior management will host a conference call and webcast on November 4, 2021 at 10:00 am ET to review Sherritt’s third quarter financial and operational performance.


Dial-in and Webcast Details:

North America dial-in number:

 

1 (866) 521-4909

International dial-in number:

 

(647) 427-2311

Webcast and slide presentation:

 

www.sherritt.com

Please dial in 15 minutes before the start of the conference to secure a line and avoid delays. Alternatively, listeners will be able to access the conference call via the webcast available on Sherritt’s website.

A copy of the webcast and replay of the conference call will be available on the website following the presentation.

About Sherritt

Sherritt is a world leader in the mining and refining of nickel and cobalt – metals essential for the growing adoption of electric vehicles. Its Technologies Group creates innovative, proprietary solutions for oil and mining companies around the world to improve environmental performance and increase economic value. Sherritt is also the largest independent energy producer in Cuba. Sherritt’s common shares are listed on the Toronto Stock Exchange under the symbol “S”.


Contacts

Joe Racanelli, Director of Investor Relations
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: (416) 935-2457

ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--$ARR #renewableenergy--Altius Renewable Royalties (TSX:ARR) (OTCQX: ATRWF) (“ARR”) advises that the Q3 2021 financial reporting for the period ending September 30, 2021 will be released after market on November 8, 2021. A conference call and webcast of management's quarterly remarks with follow up question and answer period has been scheduled for 9:00 AM ET on Tuesday, November 9, 2021.


ARR Financial Results Q3 2021 Conference Call Details 9 am ET Nov 9 2021

ID: 9493986

Dial-in: 1(866) 521-4909 OR 1 (647) 427-2311

Webcast: Link

The conference call is audio only and a slide presentation will be posted to the website at arr.energy prior to the conference call.

About ARR

ARR is a recently formed renewable energy company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators through its joint venture Great Bay Renewables. The Company combines industry expertise with innovative, partner-focused solutions to further the growth of the renewable energy sector as it fulfills its critical role in enabling the global energy transition.


Contacts

Flora Wood
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: 1.877.576.2209
Direct: +1(416)346.9020

Ben Lewis
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: 1.877.576.2209

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