Business Wire News

DALLAS--(BUSINESS WIRE)--$PRU--Prudential Private Capital provided $40.7 million of senior secured fixed rate notes, $4.1 million of second lien floating rate notes, and an undrawn Pru-Shelf facility with $60.0 million capacity to Ameresco PV Holdings X LLC, owner of 14 operating solar project companies that own projects at 27 different locations across the United States. Prudential Private Capital is a leading source of private debt for public and private companies and is the private capital arm of PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).


“We are proud to support Ameresco’s mission of energizing a sustainable world through providing energy-efficient and renewable solutions to their customers. Our flexible financing solution positions Ameresco well for future growth and secures funding for their portfolio of operating solar projects,” said Steven Hendricks, director of Prudential Private Capital’s Power group.

“This significant financing extends our ability to diversify and expand our portfolio of solar assets throughout North America,” said Doran Hole, chief financial officer of Ameresco. “Prudential’s confidence in Ameresco’s mission as a cleantech integrator supports our shared vision for growth in sustainability in the coming years.”

“Our experience financing commercial and industrial portfolios positioned us well to serve as a trusted lender for Ameresco and provide streamlined execution,” added Wendy Carlson, managing director and head of Prudential Private Capital’s Power group. “Our deep experience and proven track records with project financing formed the foundation of our partnership with Ameresco,” said Carlson.

About Ameresco

Founded in 2000, Ameresco, Inc. (NYSE: AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, Massachusetts, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

About Prudential Private Capital

For nearly 100 years, Prudential Private Capital has been partnering with a wide range of corporations, sponsors, and institutions to provide valuable insights and customized capital solutions that enable them to achieve their growth and funding goals. In an industry where capital can seem like a commodity and relationships are often fleeting and transactional, we are known for building enduring local partnerships based on a steady and patient commitment to our partners’ long-term capital needs. With regional teams in 15 offices around the world, we manage a portfolio of $100.2 billion for our partners. All data as of June 30, 2021. For more information, please visit prudentialprivatecapital.com.

Learn about Prudential Private Capital: prudentialprivatecapital.com
Connect with us on LinkedIn


Contacts

Lizzie Lowe
973.802.8786
This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading U.S. residential solar and storage service providers, will now offer its reliable solar and storage services to The Home Depot (“Home Depot”) customers across the states of Florida, Virginia, Maryland, and locally in Reno, Nevada.


“Our goal is to make clean, reliable energy services more accessible to everyone, and now shoppers at select Home Depot stores will gain access to those affordable clean energy services from Sunnova,” said Michael Grasso, Executive Vice President, Chief Marketing and Growth Officer at Sunnova. “With increased power outages and rising electricity rates, homeowners need a better energy service at a better price. We understand that rethinking how you power your home can take time and research, and now Sunnova can help shoppers find the clean, affordable, and resilient solution their home deserves.”

Sunnova’s solar + storage services are launching in 100 stores – Virginia and Maryland, top 10 and top 20 hurricane markets respectively, Florida, the highest exposed hurricane market in the U.S., and Reno, where storms wreak havoc on the local utility grid, according to NOAA’s Atlantic Oceanographic and Meteorological Laboratory. Sunnova’s trained professionals will be accessible at select Home Depot stores in these markets to guide homeowners on the solar + storage service options available to them, help them understand their transition to a clean energy solution, and connect them with a local, trusted Sunnova dealer who can design and install the optimal solution customized to their homes’ needs.

“Sunnova is showing customers how they can create and store their own power,” said Vera Gavrilovich, Vice President of Marketing at Sunnova. “In just a few minutes, homeowners will be able to see what a system on their home could look like and learn how Sunnova’s integrated solar + storage system can increase their energy independence and give them more control of their home energy costs.”

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®.
For more information, please visit sunnova.com


Contacts

Media Contact
Alina Eprimian
This email address is being protected from spambots. You need JavaScript enabled to view it.

Investor & Analyst Contact
Rodney McMahan
Vice President, Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
281.971.3323

NEW YORK--(BUSINESS WIRE)--#Helbiz--Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its industry to be publicly listed on the Nasdaq Stock Market, in partnership with Li-Cycle Holdings Corp. (NYSE: LICY), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced the recycling of 716.5 lbs of lithium-ion batteries since the partnership was announced on July 15, 2021. The ongoing collaboration between these two innovative companies strives to create a safe and sustainable recycling solution for end-of-life lithium-ion batteries used in e-scooters and e-bikes.



Li-Cycle affirms that all of its recycling processes adhere to the environmental standards set forth by the New York State Department of Environmental Conservation (NYSDEC) and the United States Environmental Protection Agency (US EPA). The company uses its Spoke & Hub Technologies™ to efficiently, safely and sustainably recover the end-of-life batteries from Helbiz’s fleets and return the valuable materials contained within back into the supply chain.

Helbiz’s commitment to finding and implementing a safe and sustainable recycling solution for the batteries used in its fleets is part of a comprehensive company strategy supporting worldwide sustainability and dedication towards a greener future. Li-Cycle continues to be Helbiz’s partner in ultimately meeting both its net-zero emission and 100% recycling targets. The companies seek to advance sustainability efforts in the micro-mobility sector and further minimize the environmental footprint of shared scooters and e-bikes.

“We’re thrilled to partner with Helbiz, recognizing they share our commitment to sustainability. Together, as partners in the micro-mobility sector, we can close the battery supply chain loop,” said Kunal Phalpher, Chief Commercial Officer at Li-Cycle. “This is just the beginning of our collaboration and Li-Cycle is looking forward to continued shipments of batteries from Helbiz as we support the company’s net-zero emission target by 2022, as well as their 100% recycling target.”

“We are proud to partner with Li-Cycle and are thrilled to have already seen such important results of our battery recycling commitment,” said Ruggero Cipriani Foresio, Chief Marketing Officer of Helbiz. “This collaboration further exemplifies Helbiz’s dedication to creating a greener future by enhancing worldwide sustainability.”

About Li-Cycle Holdings Corp.

Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.

About Helbiz

Helbiz is a global leader in micro-mobility services. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform in 35 cities around the world. Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery, financial services and more, all accessible within its mobile app.

Forward-Looking Statements

Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from the Company’s expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the failure to meet projected development and production targets; (ii) changes in applicable laws or regulations;(iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the “SEC”) by the Company. Additional information concerning these and other factors that may impact the Company’s expectations and projections can be found in its periodic filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and amended on May 21, 2021 as well as its Quarterly Report on Form 10-Q filed on August 23, 2021. The Company’s SEC filings are available publicly on the SEC's website at www.sec.gov. Any forward-looking statement made by us in this press release is based only on information currently available to Helbiz and speaks only as of the date on which it is made. Helbiz undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.


Contacts

For further information, please contact:
Helbiz Contacts
For media inquiries, contact: https://www.helbiz.com/pressroom

Global Head of Communications: +1 ‎(917) 675-7157
Davide D’Amico - email: This email address is being protected from spambots. You need JavaScript enabled to view it.

PR and Communication Manager:
Chiara Garbuglia - email: This email address is being protected from spambots. You need JavaScript enabled to view it.

USA
Agent of Change
Marcy Simon - Phone: +1 (917) 833-3392 - email: This email address is being protected from spambots. You need JavaScript enabled to view it.

For investor inquiries:
The Blueshirt Group
Gary Dvorchak, CFA - Phone: +1 (323) 240-5796 - email: This email address is being protected from spambots. You need JavaScript enabled to view it.

VillaGrid and Lumin Partner to Provide Extended Power Outage Protection with Real-time Flexibility

SACRAMENTO, Calif.--(BUSINESS WIRE)--Villara Energy Systems, maker of the high-powered VillaGrid energy storage system, announced today its partnership with leading smart panel provider, Lumin. Lumin turns ordinary electrical panels into smart panels, protecting more circuits against power outages without allowing unintentional energy usage to drain batteries prematurely.



The VillaGrid is the first home battery powered by Lithium Titanate, delivering double the power and twice the useful life of standard lithium-ion batteries.

Standard home battery systems are limited to backing up only a few small circuits, but with the power of the VillaGrid and the flexibility of Lumin Smart Panels, homeowners can protect far more circuits—in some cases the whole house—against power outages.

“We’re very excited about this partnership,” said Garrett Woodroof, General Manager of Villara Energy Systems. “The power of the VillaGrid, combined with the flexibility of the Lumin Smart Panel, will empower countless consumers to glide through outages with ease.”

The VillaGrid is charged with solar energy every day with the use of solar panels. Homeowners use the Lumin app to choose which circuits to automatically turn off during a power outage (e.g., the air conditioner), and which circuits to keep on (e.g., the freezer). During an actual power outage, homeowners can use the Lumin app to turn those same circuits on and off in real time. For example, if your battery is fully charged and the solar panels are still producing, you can decide to turn on the air conditioner.

“With the growing number of power outages from natural disasters, it is critical to provide solar and storage users with more cost effective and convenient backup power, allowing homeowners the option to pick and choose what they power and when they power it,” said Alex Bazhinov, Founder and CEO of Lumin. “By partnering with Villara Energy, we hope to change the way people backup their homes by conserving energy in extended outages and finding a balance between comfort and resilience.”

Following this partnership, Villara Energy Systems and Lumin are collaborating on a new home development as a pilot project. The combined system will be included standard on all homes, providing homeowners with backup power for the air conditioner and most of the standard 120 volt circuits.

This partnership is unique for the home energy industry, where typical system performance has fallen behind consumer expectations. Homeowners demand more power and more flexibility, and the VillaGrid + Lumin combination gives them exactly that. For more information, see villaraenergy.com and luminsmart.com.

About Villara Energy Systems (villaraenergy.com)

Villara Energy Systems delivers best-in-class energy products designed to exceed consumer expectations and the strictest safety standards. Villara Energy engineers and assembles its products in the USA.

About Lumin (luminsmart.com)

Lumin® is the pioneer and market leader for responsive load control, adding exceptional value to residential microgrids by balancing the needs of energy storage and multiple power sources (traditional electrical grid, solar PV, backup generator). The Lumin platform is an addition to a standard electrical panel and makes ordinary circuits smart and responsive. Lumin helps homeowners automatically or manually control their home's microgrid and enhance and protect their investment in solar PV, energy storage, and more. The Lumin solution is valued by homeowners, solar + storage installers, utilities, and home builders. To learn more, please visit luminsmart.com.


Contacts

Ann Bouchard, Bouchard Communications
This email address is being protected from spambots. You need JavaScript enabled to view it.
Cell: (916) 521-7440

  • Gross discovered recoverable resource estimate for Stabroek Block increased to approximately 10 billion barrels of oil equivalent
  • Cataback is the 21st significant discovery on the block
  • Recent discoveries further enhance the development potential of the Stabroek Block

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent, up from the previous estimate of more than 9 billion barrels of oil equivalent.


The updated resource estimate includes another significant discovery on the Stabroek Block at the Cataback well. The well encountered 243 feet (74 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs of which 102 feet (31 meters) is oil bearing. Cataback is located approximately 3.7 miles (6 kilometers) east of Turbot-1 and was drilled in 5,928 feet (1,807 meters) of water by the Noble Tom Madden.

CEO John Hess said: “We are pleased that Cataback is our 21st significant discovery on the Stabroek Block and further underpins the potential for future developments. We continue to see multibillion barrels of additional exploration potential remaining on the block.”

The Stabroek Block is 6.6 million acres (26,800 square kilometers). ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited holds 25 percent interest.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at www.hess.com.

Cautionary Statements
This news 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. Words such as “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “would,” “believe,” “intend,” “project,” “plan,” “predict,” “will,” “target” and similar expressions identify forward-looking statements, which are not historical in nature. Our forward-looking statements may include, without limitation, the expected number, timing and completion of our development projects and estimates of capital and operating costs for these projects; estimates of our crude oil and natural gas resources and levels of production; and our future financial and operational results. Forward-looking statements are based on our current understanding, assessments, estimates and projections of relevant factors and reasonable assumptions about the future. Forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from our historical experience and our current projections or expectations of future results expressed or implied by these forward-looking statements. The following important factors could cause actual results to differ materially from those in our forward-looking statements: fluctuations in market prices or demand for crude oil, NGLs and natural gas, including due to the global COVID-19 pandemic or the outbreak of any other public health threat, or due to the impact of competing or alternative energy products and political conditions and events; potential failures or delays in increasing oil and gas reserves and in achieving expected production levels, including as a result of unsuccessful exploration activity, drilling risks and unforeseen reservoir conditions; inherent uncertainties in estimating quantities of proved reserves and resources; changes in laws, regulations and governmental actions applicable to our business, including legislative and regulatory initiatives regarding environmental concerns, such as measures to limit greenhouse gas emissions and flaring; the ability of our contractual counterparties to satisfy their obligations to us, including the operation of joint ventures which we may not control; unexpected changes in technical requirements for constructing, modifying or operating exploration and production facilities and/or the inability to timely obtain or maintain necessary permits; potential disruption or interruption of our operations due to catastrophic events, including the global COVID-19 pandemic; and other factors described in Item 1A—Risk Factors in our Annual Report on Form 10-K and any additional risks described in our other filings with the Securities and Exchange Commission. As and when made, we believe that our forward-looking statements are reasonable. However, given these risks and uncertainties, caution should be taken not to place undue reliance on any such forward-looking statements since such statements speak only as of the date when made and there can be no assurance that such forward-looking statements will occur and actual results may differ materially from those contained in any forward-looking statement we make. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.

We use certain terms in this release relating to resources other than proved reserves, such as unproved reserves or resources. Investors are urged to consider closely the oil and gas disclosures in Hess Corporation’s Form 10-K, File No. 1-1204, available from Hess Corporation, 1185 Avenue of the Americas, New York, New York 10036 c/o Corporate Secretary and on our website at www.hess.com. You can also obtain this form from the SEC on the EDGAR system.


Contacts

Investor Contact:
Jay Wilson
(212) 536-8940
This email address is being protected from spambots. You need JavaScript enabled to view it.

Media Contact:
Lorrie Hecker
(212) 536-8250
This email address is being protected from spambots. You need JavaScript enabled to view it.

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and industrial solutions, will issue its third-quarter earnings release after the market closes on November 3, 2021.


Ingersoll Rand will also host a live earnings conference call to discuss the third-quarter results on Thursday, November 4, 2021 at 8 a.m. (Eastern time). To participate in the call, please dial 1-844-200-6205, domestically, or 1-929-526-1599, internationally, and use conference ID 019711, or ask to be joined into the Ingersoll Rand call.

A real-time audio webcast of the presentation can be accessed via the Events and Presentations section of the Ingersoll Rand Investor Relations website (https://investors.irco.com), where related materials will be posted prior to the conference call.

A replay of the webcast will be available after conclusion of the conference and can be accessed on the Ingersoll Rand Investor Relations website.

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.


Contacts

Media:
Misty Zelent
This email address is being protected from spambots. You need JavaScript enabled to view it.

Investor Relations:
Christopher Miorin
This email address is being protected from spambots. You need JavaScript enabled to view it.

  • Featuring two new solutions on display in Schneider Electric’s Interactive Booth #1553 and the Showstopper Showcase
  • New products are the ideal combination of innovative solutions from Schneider Electric that help to address the needs of our customers for greater productivity, reliability and connectivity

NASHVILLE, Tenn.--(BUSINESS WIRE)--The modern contractor faces more unique challenges than ever: growing urbanization, understanding smart city and building technology, and managing their own business. As contractors look to the next growth phase, they must embrace emerging trends, building a relationship of mutual trust, boost competitiveness, gain recurring revenue, and maximize their business.


The construction industry’s efficiency gains have essentially flattened over the past 70 years. And while many other industries are thinking about "going digital", construction ranks 21 out of 22 industries in terms of digitization. There’s only 5% digital penetration. This is an opportunity to reinvent the role of the electrical contractor.

Schneider Electric provides energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for homes, buildings, data centers, infrastructure and industries. Schneider Electric will be announcing two new solutions that have been designed to improve efficiency and safety for electrical contractors, systems and customers with new digital integrations and innovative technologies that deliver unrivaled performance, connectivity, traceability, operational efficiency, and more.

While this business starts with adopting new technologies and retrofitting older buildings, it also requires developing stronger relationships with customers by delivering value-added expertise that clients will prize in the future. Schneider Electric’s new solutions offer future-proof technologies, enabling scalability and flexibility for our partners to confidently serve their customers’ needs at every stage of a project, while meeting today’s demands for digitization in a new electric world.

Interview Opportunities:

 

Who:

Rohan Kelkar, Executive Vice President for Global Power Products, Schneider Electric

Guillaume Le Gouic, Senior Vice President of Power Systems, Schneider Electric

 

Where:

NECA 2021 LIVE Convention & Trade Show, Nashville, TN

Visit the Showstopper Showcase to see our new solutions first-hand.

 

When:

Sunday, October 10, 2021; 11:30 AM CT – Tuesday, October 12, 2021

Visit the Songbird Café on Monday, October 11th, at 1:00 PM CT to hear more on our announcements.

 

Contact us today to schedule your interview.

About Schneider Electric

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

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

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

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

www.se.com

Hashtags

#SchneiderElectric, #LifeIsOn, #NECA, #EcoStruxure


Contacts

Schneider Electric Media Relations – Vicki True; 774-613-1158; This email address is being protected from spambots. You need JavaScript enabled to view it.
PR Agency for Schneider Electric – Ed Cruz; 805-535-5013; This email address is being protected from spambots. You need JavaScript enabled to view it.

Climate-focused product from premiere investment manager now available to Australian investors.

SYDNEY--(BUSINESS WIRE)--Global investment manager Grantham, Mayo, Van Otterloo & Co. LLC (GMO) has launched a new Australian investment trust for wholesale investors. The trust, led by investment veteran Lucas White, will provide Australian investors with access to GMO’s Climate Change Strategy, which invests in companies GMO believes are positioned to benefit either directly or indirectly from efforts to mitigate or adapt to the long-term effects of global climate change. The strategy builds upon the work of GMO Co-Founder Jeremy Grantham, who is widely recognized as a leading global advocate for climate change efforts and investment and in 1997 founded the Grantham Foundation for the Protection of the Environment.

“Climate change awareness, attitudes and opportunities have come a long way since GMO began writing on the subject in 2010,” said Mr. White. “Improving economics for clean energy, combined with a growing global awareness of the magnitude of the problem we’re up against, will support secular growth in the climate change sector for decades to come.”

“We don’t believe that you have to sacrifice returns in order to invest in companies helping the world address climate change; on the contrary, we believe there will be tremendous opportunities to generate strong returns,” Mr. White continued. “Implementing a disciplined, value-oriented approach and a careful examination of the fundamentals are also critical in navigating a sector likely to be rife with hype and stories.”

Since inception in April 2017 the GMO Climate Change Strategy has consistently outperformed its benchmark and currently has $917 Million USD in assets under management.

The GMO Climate Change Trust joins GMO Australia’s existing suite of funds including the GMO Quality Trust, two Systematic Global Macro strategies and an Emerging Market equities trust.

*Past performance is not a reliable indicator of future performance. The GMO Climate Change Trust has recently launched and has no meaningful performance history. Performance of the GMO Climate Change Trust may vary from the performance of the Climate Change Strategy. This statement has been prepared without taking account the objectives, financial situation or needs of individuals. Units in the GMO Climate Change Trust are issued by GMO Australia Limited. Before making an investment decision about the GMO Climate Change Trust persons should read the offer document which can be obtained from GMO Australia Limited.

ENDS

About GMO

GMO is a global investment manager that brings together focused expertise within our investment teams, industry-leading research, and tailored client service to advance our clients’ goals. Privately owned and renowned for our conviction in a valuation-based, long-term investment philosophy, GMO has been a partner to institutions, family offices, wealth managers, and consultants for over 40 years. For more information, please visit www.gmo.com.


Contacts

Media
Tucker Hewes
Hewes Communications, Inc.
212-207-9451
This email address is being protected from spambots. You need JavaScript enabled to view it.

– Major Expansion of Measurement Capabilities for the Clarity Air Quality Monitoring Solution –

BERKELEY, Calif.--(BUSINESS WIRE)--#airpollution--Clarity Movement Co. will hold an online launch event to roll out the first-of-its-kind air quality monitoring platform, which vastly expands the array of measurements for a Clarity solution. Used in more than 60 countries around the world, Clarity solutions enable continuous monitoring, for accurate data in a fully supported, worry-free environment.


WHAT:

Online event to unveil an exciting new air quality measurement platform. The first three components to run on the new platform will also be revealed. Presentation by engineering and executive teams, followed by Q&A.

 

 

WHEN:

Tuesday, October 12th, 2021, at 8amPDT / 11amEDT / 3pmUTC

 

 

WHERE:

Zoom link sent to those who register here.

 

 

WHO:

Anyone who covers: pollution, government, edu, business, industrials, start-ups, climate, greentech, cloud, IoT, and social justice.

 

 

WHY:

Leaders need accurate air quality data for making informed, crucial decisions. The public wants accurate air quality data in real time. Business needs accurate air quality data to show regulatory compliance. The explosive need for accurate air quality measurement is best addressed with a quickly deployable, scalable, complete solution. This platform launch represents a massive leap forward in expanding the breadth of measurements. Join us to learn how this start-up from Berkeley is shaping how governments, businesses and organizations manage their air quality in more than 60 countries.

About Clarity Movement Co.

Clarity Movement Co. is a privately held company, headquartered in Berkeley, California transforming the way governments, campuses, businesses and communities understand and respond to air pollution. Clarity provides the most complete, scalable air monitoring solution, with unmatched hardware, software and expert services. Used in more than 60 countries around the world, Clarity solutions empower our customers with continuous monitoring, for accurate data in a fully supported, worry-free environment. For more information, visit: https://www.clarity.io/.

Node-S, Clarity Cloud, Clarity Dashboard, Clarity OpenMap and the Clarity logo are trademarks of, and Clarity is a registered trademark of Clarity Movement Co. Copyright (c) 2021, all rights reserved. All other trademarks or registered trademarks are the property of their respective owners.


Contacts

Media Contact:
Naomi Pearce, +1.510.528.0824, This email address is being protected from spambots. You need JavaScript enabled to view it.

TOKYO--(BUSINESS WIRE)--The Tokyo Metropolitan Government is developing the “TIME TO ACT” climate action movement to accelerate viable decarbonization efforts.


The TIME TO ACT: Climate Action Forum, which will be held right before COP26, will focus on discussion of definitive actions to halve CO2 emissions by the year 2030.

In the high level session, leaders from various fields will convene to share their perspectives on accelerating efforts to curb climate change as we head into 2030.

Afterwards, experts from cities and businesses that are introducing progressive initiatives regarding hydrogen and buildings will present, followed by discussions regarding findings and future courses of action.

The conference will be live streamed and can be viewed at the address below:
https://www.time-to-act.metro.tokyo.lg.jp/en/forum

Click here to view the event flyer.
https://www.time-to-act.metro.tokyo.lg.jp/wp/wp-content/themes/timetoact/pdf/brochure_forum_en.pdf

[Outlines]

Date & Time: Thursday, October 14th, 2021 7:00 pm – 10:00 pm (JST) (in your timezone)

Theme: TIME TO ACT: Climate Action Forum ~Accelerating Efforts Toward “Carbon Half” by 2030~

Program:

Moderator: Mr. UCHIDA Togo, Executive Director, ICLEI Japan

From 7:00 pm (JST)

1.

Opening remarks

 

Ms. KOIKE Yuriko, Governor of Tokyo

2.

Opening speech

 

Mr. Eric GARCETTI, Mayor of Los Angeles

3.

High Level Session

 

 Theme: Accelerating Efforts Toward “Carbon Half” by 2030

 

Speaker:

 

Ms. KOIKE Yuriko, Governor of Tokyo

 

Mr. Anies BASWEDAN, Governor of Jakarta

 

Mr. Børge BRENDE, President, World Economic Forum

 

Ms. Carolyn DAVIDSON, Her Majesty’s Consul-General, British Consulate-General Osaka

 

Mr. SUEYOSHI Takejiro, Representative, Japan Climate Initiative; Special Advisor to UNEP Finance Initiative in the Asia Pacific Region

From 8:00 pm (JST)

4.

Workshop #1: Hydrogen

 

Theme: Promotion of social implementation of hydrogen mobility toward making practical use of hydrogen-related technologies

 

Speaker: Representatives from the Tokyo Government, the Queensland Government, the private sector, etc.

From 9:00 pm (JST)

5.

Workshop #2: Buildings

 

Theme: Pursuing sustainable buildings and finance interactively

 

Speaker: Representatives from the Tokyo Government, the City of New York, C40, the private sector, etc.

 

 

Format: Online, Live broadcasting

*A recording will be posted on our website

(https://www.time-to-act.metro.tokyo.lg.jp/en/forum) after the forum.

Language: English and Japanese *Simultaneous Japanese- English interpretation will be provided

Host: Tokyo Metropolitan Government

Supporting Partners: C40 Cities Climate Leadership Group

ICLEI - Local Governments for Sustainability

 

 


Contacts

Misaki SHISHIDO, Takumi NIINO
International Relations, Policy Planning Section,
Bureau of Environment, Tokyo Metropolitan Government
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
TEL +81-3-5388-3501

HOUSTON & FORNEBU, Norway--(BUSINESS WIRE)--The merger of Baker Hughes’ (NYSE: BKR) Subsea Drilling Systems business (SDS) and Akastor ASA’s (Oslo: AKAST) wholly-owned subsidiary, MHWirth AS (MHWirth), has been completed to form a global offshore drilling equipment company. The new company will be known as HMH (“the Company”), and as previously announced, Baker Hughes and Akastor own equal equity in the Company.


HMH combines integrated delivery capabilities, capital, renowned industry expertise and delivers the full range of offshore drilling equipment products and packages at scale. HMH aims to support the industry’s transition toward more energy-efficient solutions, as well as deploying technologies and service solutions to make the sector more competitive through increased drilling efficiency. Moreover, the Company’s service and technology portfolio will be utilized as a springboard for future growth, both within drilling services and when pursuing opportunities towards adjacent industries such as renewables and mining.

“This is a very exciting transaction for the industry, our customers, shareholders and employees. We are combining two of the best-known equipment manufactures in our industry to create HMH, building on a best-in-class portfolio and unparalleled full-service approach,” commented Merrill A. “Pete” Miller, the Chairman and CEO of HMH. Mr. Miller went on to say that “at a time of worldwide energy transition, HMH has the expertise to help the entire industry move towards more energy-efficient drilling and other sustainable energy solutions.”

The Company is headquartered in Amsterdam, Netherlands with its two major operational centers in Houston, USA and Kristiansand, Norway. HMH is currently a privately owned company and is effective from October 1, 2021.

For more information on HMH, visit our website at hmhw.com.

About Baker Hughes

Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

About Akastor

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments. The company has a flexible mandate for active ownership and long-term value creation. Visit us at akastor.com.


Contacts

HMH Media Relations
John Stout and Anita Karlsen
This email address is being protected from spambots. You need JavaScript enabled to view it.

Baker Hughes Investor Relations
Jud Bailey
+1 281-809-9088
This email address is being protected from spambots. You need JavaScript enabled to view it.

Akastor Investor Relations
Øyvind Paaske
Chief Financial Officer
+47 917 59 705
This email address is being protected from spambots. You need JavaScript enabled to view it.

PHILADELPHIA--(BUSINESS WIRE)--Leading renewable energy developer Global Energy Generation LLC (GEG), has changed its name to Doral Renewables LLC (d/b/a Doral LLC). Global Energy Generation was founded in 2019 as a joint venture between Clean Air Generation and Doral Renewable Energy Resources Group (Doral Group). In June 2021, institutional investor, Migdal Insurance, joined Global Energy Generation LLC as one of the members.

The decision to change the company’s name was made in order to better associate the affiliation between Global Energy Generation LLC and Doral Group's global supply chain. Doral Group is procuring renewable energy equipment on a global level for projects in Israel and Europe. Global Energy Generation LLC, now Doral LLC, is procuring equipment for projects in the U.S. The enterprises are also working with global investment banking and equity funds and partners.

“By changing our name, we know that our customers and other stakeholders will more clearly recognize our global reach. We hold over 3 gigawatts of projects under development and 30,000 acres of land control across the Midwest and Mid-Atlantic regions,” says Nick Cohen, President and Co-founder of Doral LLC. “As we continue to grow our portfolio, we are certain that the added value and name recognition that comes with the Doral brand will help us leverage the buying power and expertise needed for execution and purchasing on such a large scale.”

The management team of Doral LLC includes experienced multidisciplinary individuals who have worked together for several years in the US renewables industry. The company is based out of Philadelphia, PA and Chicago, IL.

Doral Group is a publicly traded company on the Tel Aviv Stock Exchange in Israel (DORL) and is a global renewable energy leader, holding hundreds of long-term revenue generating renewable energy assets. Doral Group is also emerging as a worldwide leader in the field of solar + storage solutions, following its win of Israel’s biggest solar + storage tenders to build approximately 800MWdc + 1,500MW of storage facilities in Israel.


Contacts

Media:
Maya Ziv Wolf, Communications Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)--GrafTech International Ltd. (NYSE:EAF) will hold its Third Quarter 2021 Conference Call and Webcast on Friday, November 5, 2021 at 10:00 a.m. (EDT). The call will be hosted by senior management to discuss financial results for the third quarter and nine months ended September 30, 2021 and current business initiatives.


These financial results will be released on Friday, November 5, 2021 before market open and will be available on our investor relations website at http://ir.graftech.com.

To participate in the conference call, please dial +1 (866) 521-4909 toll-free in the U.S. and Canada or for overseas calls please dial +1 (647) 427-2311, conference ID: 5644625. Please plan to dial in approximately fifteen minutes early.

Live audio of the conference call will be available via webcast on our website or can be accessed at: https://onlinexperiences.com/Launch/QReg/ShowUUID=8526672C-89AC-4AA5-8F17-D14028A140E4

A replay of the conference call will be available until February 3, 2022 by dialing +1 (800) 585-8367 toll-free in the U.S. and Canada or +1 (416) 621-4642 for overseas calls, conference ID: 5644625. A replay of the webcast will be available on our investor relations website until February 3, 2022.

About GrafTech

GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, including three of the highest capacity facilities in the world. We are the only large-scale graphite electrode producer that is substantially vertically integrated into petroleum needle coke, a key raw material for graphite electrode manufacturing. This unique position provides us with competitive advantages in product quality and cost.


Contacts

Wendy Watson
216-676-2699

  • Expression of Interest signed to study storing emissions from Fife Ethylene Plant to Acorn carbon capture and storage project
  • Adds to previously announced study focused on emissions from St Fergus gas terminals
  • Project would capture, transport and store CO2 in secure reservoirs beneath the North Sea

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil has increased its participation in the proposed Acorn carbon capture project in Scotland by signing an Expression of Interest to capture, transport and store CO2 from its Fife Ethylene Plant.


The agreement to include the ethylene plant, located in Mossmorran, Scotland, is in addition to an earlier announced Memorandum of Understanding to capture and store emissions from gas terminals at the St Fergus complex at Peterhead, Scotland, which includes ExxonMobil’s joint venture gas terminal.

The initial phase of Acorn, which is bidding to be in the first wave of carbon capture clusters to be announced by the UK government, has the potential to deliver more than half of the country’s target of capturing and storing 10 million metric tons per year of CO2 by 2030. When expanded further, it will have the potential to store more than 20 million metric tons per year of CO2 by the mid-2030s.

“The application of carbon capture and storage technology at the Fife Ethylene Plant demonstrates our commitment to reducing CO2 emissions from the industrial sector,” said Joe Blommaert, president of ExxonMobil Low Carbon Solutions. “With the right government policies in place and industry collaboration, the carbon capture and storage opportunities we are evaluating, such as in Scotland, have the potential to move forward with current technologies for large-scale, game-changing emissions reductions.”

The Acorn project recently announced plans to capture and store CO2 from the Grangemouth Refinery, and the addition of Mossmorran facilities will help Scotland reduce emissions in its industrial sector.

“The Acorn project has the potential to capture and store CO2 emissions from Scotland’s largest industrial center, which is an economic engine for the country,” said Martin Burrell, plant manager of the Fife Ethylene Plant. “This agreement allows us to explore the potential for significant emissions reduction through carbon capture and storage, and ensure Scotland continues to benefit from vital manufacturing facilities such as Fife.”

The Fife Ethylene Plant recently completed a $170 million (£140 million) investment program to upgrade key infrastructure and introduce new technologies that will significantly improve operational reliability and performance. A further project is underway to install an enclosed ground flare. On schedule to be operational by the end of 2022, the unit is designed to significantly reduce noise, light and vibration, and it is estimated the investment will reduce the use of the plant’s elevated flare by at least 98 percent.

These investments, together with ExxonMobil’s participation in the Acorn project, demonstrate a commitment to reducing emissions and to Fife’s future as a competitive asset.

ExxonMobil Low Carbon Solutions is evaluating several other carbon capture and storage projects around the world, including in Rotterdam, Netherlands; Normandy, France; LaBarge, Wyoming; and a world-scale carbon capture and storage hub concept in Houston, Texas. The company has an equity share in approximately one-fifth of global CO2 capture capacity and has captured approximately 40 percent of all the captured anthropogenic CO2 in the world.

ExxonMobil established its Low Carbon Solutions business to commercialize low-emission technologies. It is initially focusing its carbon capture efforts on point source emissions, the process of capturing CO2 from industrial activity that would otherwise be released into the atmosphere, and injecting it into deep underground geologic formations for safe, secure and permanent storage. The business is also pursuing strategic investments in biofuels and hydrogen to bring those lower-emissions energy technologies to scale for hard-to-decarbonize sectors of the global economy.

The International Energy Agency projects that carbon capture and storage could mitigate up to 15% of global emissions by 2040, and the U.N. Intergovernmental Panel on Climate Change estimates global decarbonization efforts could be twice as costly without its wide-scale deployment.

About ExxonMobil

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

Follow us on Twitter and LinkedIn.

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


Contacts

ExxonMobil Media Relations
(972) 940-6007

PARIS & ARNHEM, the Netherlands & NEW YORK--(BUSINESS WIRE)--Allego Holding B.V. (“Allego” or the “Company”), a leading pan-European electric vehicle charging network, which recently announced its proposed business combination with Apollo-affiliated Spartan Acquisition Corp. III, a publicly traded special purpose acquisition company (NYSE: SPAQ) (“Spartan”), today announced that its affiliate, Athena Pubco B.V. (“Athena Pubco”) filed a registration statement on Form F-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) on September 30, 2021.


The Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announced proposed business combination. While the Registration Statement has not yet become effective and the information therein is subject to change, it provides important information about Allego and Spartan, as well as the proposed business combination.

In July 2021, Spartan entered into a business combination agreement with Allego, pursuant to which, following consummation of the business combination contemplated therein, the combined company will be listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “ALLG”. Completion of the transaction is subject to approval by Spartan’s stockholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions.

Upon completion of the proposed business combination, Athena Pubco is expected to receive approximately $702 million in total gross proceeds from a combination of a fully committed PIPE offering of $150 million, along with approximately $552 million of cash held in trust, assuming no redemptions. The proceeds from the proposed business combination will be used to fund the Company’s future growth through the deployment of additional public electric vehicle (“EV”) charging sites, as it focuses on delivering fast and ultra-fast chargers and continues to build its technology moat, and for general corporate purposes.

Allego is a leading EV charging company in Europe and has deployed over 26,000 charging ports across 12,000 public and private locations, spanning 12 European countries. The Company’s charging network includes fast, ultra-fast, and AC charging equipment. The Company takes a two-pronged approach to delivering charging solutions by providing an owned and operated public charging network with 100% renewable energy in addition to providing charging solutions for business to business customers, including leading retail and auto brands. The Company’s charging solutions business provides design, installation, operations and maintenance of chargers owned by third parties.

Allego’s chargers are open to all EV brands, with the ability to charge light vehicles, vans and e-trucks, which promotes increasing utilization rates across its locations. Allego has developed a rich portfolio of partnerships with strategic partners, including municipalities, more than 50 real estate owners and 15 OEMs. As additional fleets shift to EVs, Allego expects to leverage its expansive network of fast and ultra-fast chargers to service these customers, which see above average use-rates.

Mathieu Bonnet, Chief Executive Officer of Allego, commented, “We are pleased to have reached this next step in the transaction process. The proceeds received from this transaction are expected to accelerate our leadership position within the European EV charging market as OEMs continuously look to replace traditional internal combustion engines with EVs. Our expanded footprint will help ease the automotive markets’ transition to EVs by providing more accessibility to charging stations, all while maintaining a strong financial position throughout the growth phase.”

About Allego

Allego delivers charging solutions for electric cars, motors, buses and trucks, for consumers, businesses and cities. Allego’s end-to-end charging solutions make it easier for businesses and cities to deliver the infrastructure drivers need, while the scalability of our solutions makes us the partner of the future. Founded in 2013, Allego is a leader in charging solutions, with an international charging network comprised of more than 26,000 charge points operational throughout Europe – and growing rapidly. Our charging solutions are connected to our proprietary platform, EV-Cloud, which gives us and our customers a full portfolio of features and services to meet and exceed market demands. We are committed to providing independent, reliable and safe charging solutions, agnostic of vehicle model or network affiliation. At Allego, we strive every day to make EV charging easier, more convenient and more enjoyable for all.

About Spartan Acquisition Corp. III

Spartan Acquisition Corp. III is a special purpose acquisition entity focused on the energy value-chain and was formed for the purpose of entering into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Spartan is sponsored by Spartan Acquisition Sponsor III LLC, which is owned by a private investment fund managed by an affiliate of Apollo Global Management, Inc. (NYSE: APO). For more information, please visit www.spartanspaciii.com.

Forward-Looking Statements.

This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Spartan Acquisition Corp. III’s (“Spartan”) and Allego Holding B.V.’s, a Dutch private limited liability company (“Allego”), actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Spartan’s and Allego’s expectations with respect to future performance and anticipated financial impacts of the proposed business combination, the satisfaction or waiver of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. Most of these factors are outside Spartan’s and Allego’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (i) the occurrence of any event, change, or other circumstances that could give rise to the termination of the Business Combination Agreement and Plan of Reorganization (the “BCA”); (ii) the outcome of any legal proceedings that may be instituted against Athena Pubco B.V., a Dutch limited liability company (“Athena Pubco”) and/or Allego following the announcement of the BCA and the transactions contemplated therein; (iii) the inability to complete the proposed business combination, including due to failure to obtain approval of the stockholders of Spartan, certain regulatory approvals, or the satisfaction of other conditions to closing in the BCA; (iv) the occurrence of any event, change, or other circumstance that could give rise to the termination of the BCA or could otherwise cause the transaction to fail to close; (v) the impact of the COVID-19 pandemic on Allego’s business and/or the ability of the parties to complete the proposed business combination; (vi) the inability to obtain or maintain the listing of Athena Pubco’s common shares on the NYSE following the proposed business combination; (vii) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (viii) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of Allego to grow and manage growth profitably, and to retain its key employees; (ix) costs related to the proposed business combination; (x) changes in applicable laws or regulations; and (xi) the possibility that Allego, Spartan or Athena Pubco may be adversely affected by other economic, business, and/or competitive factors. The foregoing list of factors is not exclusive. Additional information concerning certain of these and other risk factors is contained in Spartan’s most recent filings with the SEC and in the registration statement on Form F-4 (the “Form F-4”), including the proxy statement/prospectus forming a part thereof filed by Athena Pubco in connection with the proposed business combination. All subsequent written and oral forward-looking statements concerning Spartan, Allego or Athena Pubco, the transactions described herein or other matters and attributable to Spartan, Allego, Athena Pubco or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Each of Spartan, Allego and Athena Pubco expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based, except as required by law.

No Offer or Solicitation.

This communication is not a proxy statement or solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Spartan, Athena Pubco or Allego, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom.

Important Information About the Proposed Business Combination and Where to Find It.

In connection with the proposed business combination, a registration statement on Form F-4 was filed by Athena Pubco with the SEC on September 30, 2021. Once declared effective, the Form F-4 will include a definitive proxy statement to be distributed to holders of Spartan’s common stock in connection with Spartan’s solicitation for proxies for the vote by Spartan’s stockholders in connection with the proposed business combination and other matters as described in the Form F-4, as well as a prospectus of Athena Pubco relating to the offer of the securities to be issued in connection with the completion of the business combination. Spartan, Allego and Athena Pubco urge investors, stockholders and other interested persons to read, when available, the Form F-4, including the proxy statement/prospectus incorporated by reference therein, as well as other documents filed with the SEC in connection with the proposed business combination, as these materials will contain important information about Allego, Spartan, and the proposed business combination. Such persons can also read Spartan’s final prospectus dated February 8, 2021 (SEC File No. 333-252866), for a description of the security holdings of Spartan’s officers and directors and their respective interests as security holders in the consummation of the proposed business combination. After the Form F-4 has been filed and declared effective, the definitive proxy statement/prospectus will be mailed to Spartan’s stockholders as of a record date to be established for voting on the proposed business combination. Stockholders will also be able to obtain copies of such documents, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to: Spartan Acquisition Corp. III, 9 West 57th Street, 43rd Floor, New York, NY 10019, or (212) 515-3200. These documents, once available, can also be obtained, without charge, at the SEC’s web site (http://www.sec.gov).

INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Participants in the Solicitation.

Spartan, Allego, Athena Pubco and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Spartan’s stockholders in connection with the proposed business combination. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Spartan’s directors and executive officers in Spartan’s final prospectus dated February 8, 2021 (SEC File No. 333-252866), which was filed with the SEC on February 10, 2021. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Spartan’s stockholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus for the proposed business combination when available. Information concerning the interests of Spartan’s, Athena Pubco’s and Allego’s participants in the solicitation, which may, in some cases, be different than those of Spartan’s, Athena Pubco’s and Allego’s equity holders generally, will be set forth in the proxy statement/prospectus relating to the proposed business combination when it becomes available.


Contacts

For Allego
Investors
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media
This email address is being protected from spambots. You need JavaScript enabled to view it.

For Spartan Acquisition Corp. III
Investors
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media
This email address is being protected from spambots. You need JavaScript enabled to view it.

Decarbonization efforts accelerated by opening up new channels for utilities to engage and activate their customers.

BOULDER, Colo.--(BUSINESS WIRE)--Uplight, the industry leading technology partner for energy providers transitioning to the clean energy ecosystem, announced its expanded capabilities to support utility connections to clean products and services, including support for Google’s Nest Renew. Nest Renew is a service for compatible Nest thermostats1 that makes it easy for energy consumers to support clean energy, enroll in utility demand response, and engage with time-of-use (TOU) programs. This can help utilities to manage peak demand, enhance reliability and reduce emissions.


Uplight’s open platform now enables utilities to easily and cost effectively surface their offerings through third-party channels to create an enhanced customer experience and accelerate outcomes. These new capabilities continue to expand the ecosystem for utilities, enabling them to leverage different channels to more easily meet customers where they are and scale decarbonization efforts as the number of grid-edge solutions expands exponentially.

Uplight is the most established innovator in the open ecosystem, already offering hundreds of third-party energy savings products through its top performing utility marketplaces and is one of the nation’s leaders in running device-agnostic grid orchestration programs. Uplight is also the only technology provider in the country to successfully bundle ecosystem offerings with multiple utility programs in a consumer-friendly digital experience.

Uplight’s connections to the ecosystem include critical technology to help safeguard utility customer data and privacy, create fast, single-point integrations between many utilities and ecosystem providers, and surface key utility capabilities, like rebates, eligibility verification, program enrollment and grid device orchestration so that more customers can participate.

“Uplight wants to be the open platform of choice for utilities and their growing list of partners to create a better customer experience and improve outcomes. Our utility clients are innovating and seeking new ways to engage with new services and products, like Google’s Nest Renew, that can help them lower carbon, lower costs and improve grid reliability. Uplight provides utilities with safe and smart ways to make this happen,” said Adrian Tuck, CEO of Uplight.

“Achieving the energy sector’s climate goals requires a wide range of strategies, and by partnering with Google on Nest Renew, Uplight provides new opportunities to engage with consumers, offers ways to save energy, and deliver bundled programs that increase program participation in demand response and support for renewable energy,” said Hannah Bascom, Google’s head of energy partnerships.

Utilities and clean energy product and service providers can learn more about Uplight and Nest Renew by visiting Uplight’s blog post and nestrenew.google.com.

____________________

1Nest Renew requires the 3rd generation Nest Learning Thermostat, Nest Thermostat E, or the newest Nest Thermostat connected to a Google account (sold separately).

About Uplight

Uplight is the technology partner for energy providers and the clean energy ecosystem. Uplight’s software solutions connect energy customers to the decarbonization goals of power providers while helping customers save energy and lower costs, creating a more sustainable future for all. Using the industry’s only comprehensive customer-centric technology suite and critical energy expertise across disciplines, Uplight is streamlining the complex transition to the clean energy ecosystem for more than 80 electric and gas utilities around the world. By empowering energy providers to achieve critical outcomes through data-driven customer experiences, delivering control at the grid edge, creating new revenue streams and optimizing existing load and assets, Uplight shares a mission with its clients to make energy more sustainable for every community. Uplight is a certified B Corporation. To learn more, visit us at www.uplight.com, find us on Twitter @Uplight or on LinkedIn at Linkedin.com/company/uplightenergy.


Contacts

Elaine Reddy
This email address is being protected from spambots. You need JavaScript enabled to view it.

Caleigh Bourgeois
This email address is being protected from spambots. You need JavaScript enabled to view it.
513-675-7466

HOUSTON--(BUSINESS WIRE)--BP Prudhoe Bay Royalty Trust (NYSE: BPT) announces that unitholders will receive a dividend for the quarter ended September 30, 2021. The dividend information is as follows:

Ex-Dividend Date:

 

October 14, 2021

Record Date:

 

October 15, 2021

Payable Date:

 

October 20, 2021

Dividend Rate:

 

$0.0694308 per Unit

As provided in the Trust Agreement, the quarterly royalty payment by Hilcorp North Slope, LLC to the Trust is the sum of the individual revenues attributed to the Trust as calculated each day during the quarter. The amount of revenue is determined by multiplying Royalty Production for each day in the calendar quarter by the Per Barrel Royalty for that day. Pursuant to the Trust Agreement, the Per Barrel Royalty for any day is the WTI Price for the day less the sum of (i) Chargeable Costs multiplied by the Cost Adjustment Factor and (ii) Production Taxes.

For the three months ended September 30, 2021 the Per Barrel Royalty was calculated based on the following information:

Average WTI Price

$70.64

Average Adjusted Chargeable Costs

$61.61

Average Production Taxes

$2.49

Average Per Barrel Royalty

$6.54

Average Net Production (mb/d)

62.3

The average daily closing WTI price was above the “break-even” price for the quarter, resulting in a quarterly payment with respect to the Royalty Interest of $6,145,027 million to the Trust, after deduction of $4,276 representing an overpayment to the Trust for quarter ended June 30, 2021. In accordance with the Trust Agreement, the Trustee will pay all accrued expenses of the Trust, then distribute the excess, if any, of the cash received by the Trust over the Trust’s expenses, net of any additions to the cash reserve established for the payment of estimated liabilities before making a quarterly distribution to unit holders. After paying the Trust’s expenses accrued through September 30, 2021 and making an addition to the cash reserve of approximately $4,229,890, approximately $1,485,820 is available for distribution to unitholders. The amount added to the cash reserve brings the total cash reserve to $6,000,000. This replenishment of the cash reserve takes into account the fact that the Trust did not receive any Royalty Payments attributable to 2020 or the first quarter of 2021 and therefore was unable to make any additions to the cash reserve for those five quarters, the increase in Trust administrative expenses and the expected expenses associated with the termination of the Trust. The Trustee continues to evaluate the adequacy of the cash reserve and may need to increase the amount of the cash reserve further in the future.

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 in this press release are subject to a number of risks and uncertainties beyond the control of the Trustee. The actual results, performance and prospects of the Trust could differ materially from those expressed or implied by forward-looking statements. Descriptions of some of the risks that could affect the future performance of the Trust appear the Trust’s Annual Report on Form 10-K for the year ended December 31, 2019, the Trust’s subsequent Quarterly Reports on Form 10-Q, and the Trust’s other filings with the Securities and Exchange Commission. The Trust’s annual, quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov. Neither the Trust nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release.

Please feel free to contact Elaina Rodgers at The Bank of New York Mellon Trust Company, N.A. at 713-483-6020 with any questions.


Contacts

The Bank of New York Mellon Trust Company, N.A.
Elaina Rodgers, 713-483-6020

The leading global supply chain visibility platform sees significant EMEA momentum and hires industry veteran Marc Boileau as part of its aggressive growth strategy in the region

AMSTERDAM--(BUSINESS WIRE)--Marc Boileau joins FourKites®, the world’s leading real-time supply chain visibility platform, as Senior Vice President, Sales and Carrier Operations, EMEA. Boileau will accelerate the company’s European expansion, bringing tenured supply chain experience and an aggressive strategy to build partnerships with both carriers and shippers. Prior to joining FourKites, Marc held leadership and commercial roles at supply chain visibility companies, including project44 and Transporean.



“I am thrilled to be joining the FourKites team,” says Boileau. “With the biggest global brands on its platform and the largest data network in the industry, FourKites is driving unmatched innovation and a truly global end-to-end visibility experience. One of my top priorities is to build our network of carriers — including small and mid-size carriers — to ensure the value they get is in line with the value they bring. They are truly the unsung heroes in our ecosystem.”

“FourKites is investing more than €45 million in our European expansion this year, both through organic growth and acquisitions, and Marc joining us is the latest milestone in this strategy,” says Mathew Elenjickal, founder and CEO of FourKites. “He is an excellent fit with the team, and his deep knowledge of the industry will help to propel our European presence to new heights.”

As the pandemic and an unprecedented series of disruptions continue to challenge global supply chains, including a European energy crisis, food shortages, labour shortages and more, European and multinational companies continue to turn to FourKites to track goods from origin to final destination to reduce costs, improve the customer experience and maximise business agility.

Over the last 12 months, the company has seen:

  • 148% growth in shipments in EMEA, with over 850+ million miles tracked in 2021 to date
  • A nearly 100% increase in new or existing FourKites customers starting to track loads in EMEA
  • More than 35% growth in number of carriers tracking loads in Europe
  • 2.5x growth in monthly less than truckload (LTL) volume in Europe

About FourKites

FourKites® is a leading global supply chain visibility platform, extending visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching 176 countries, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 620 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit https://www.fourkites.com/.


Contacts

Scott Johnston
European PR Director, FourKites
+31 62 147 8442
This email address is being protected from spambots. You need JavaScript enabled to view it.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) announced today that management will host an investor update conference call on October 7, 2021 at 9:00am Eastern Time.


All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing (866) 953-0778 (from within the U.S.) or (630) 652-5853 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference “NFE Investor Update Call."

A Form 8-K will be posted and a simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A replay of the conference call will be available after 12:00pm on October 7, 2021 through 12:00pm on October 14, 2021 at (855) 859-2056 (from within the U.S.) or (404) 537-3406 (from outside of the U.S.), Passcode: 8164676.

About New Fortress Energy Inc.

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


Contacts

IR:
Joshua Kane
(516) 268-7455
This email address is being protected from spambots. You need JavaScript enabled to view it.

Media:
Jake Suski
(516) 268-7403
This email address is being protected from spambots. You need JavaScript enabled to view it.

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (the “Partnership”) (NYSE: KNOP) will host its 2021 Virtual Investor Day today at 10:00 am ET, where the Partnership and its sponsor, Knutsen NYK Offshore Tankers AS, will provide an overview of the shuttle tanker business, give an update on the shuttle tanker market, and outline the supportive fundamentals that continue to underpin the Partnership’s leading market position and future growth expectations.

In addition, third-party experts from Fearnleys and Rystad Energy will present on Shuttle Tanker Fundamentals and Shuttle Tanker Market Outlook respectively.

A Q&A session will follow the prepared remarks.

The event will begin at 10:00 am ET today with a live video webcast that is accessible by visiting the Investor Relations section of the Partnership’s website at www.knotoffshorepartners.com. Please allow extra time prior to the call to visit the site and download any necessary software that may be needed to access the Internet broadcast. Presentation materials will be available on the website and an archived replay will also be available on the website shortly after the event concludes.

About KNOT Offshore Partners LP

KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership. KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP”.


Contacts

KNOT Offshore Partners LP
Gary Chapman
Chief Executive Officer and Chief Financial Officer
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +44 1224 618 420

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com