SEATTLE--(BUSINESS WIRE)--APsystems has joined the approved vendor list (AVL) for Loanpal, the nation’s leading technology platform for residential solar financing.

The partnership brings APsystems’ advanced microinverter technology to Loanpal’s fast, frictionless financing experience, delivering further value to residential solar customers throughout the U.S.

“The tremendous value and convenience Loanpal delivers to homeowners makes them the perfect partner,” said Ryan Davies, U.S. Head of Sales & Operations for APsystems. “We’re proud to bring our solar technology to the Loanpal platform to help empower more homeowners to build their renewable energy future.”

APsystems is currently an approved vendor with several solar financing firms including Mosaic, Sungage Financial, Dividend and Ygrene. The addition of Loanpal to this list of solar financing platforms further expands U.S. homeowners’ access to APsystems’ groundbreaking technology.

About APsystems

APsystems is the #1 global multi-platform MLPE solution provider, offering both AC and DC MLPE power conversion products as well as energy storage and rapid shutdown devices for the global solar PV industry. APsystems microinverters are intelligent, innovative, and the best-selling multi-module microinverters in the world.

Founded in Silicon Valley in 2010, APsystems encompasses 4 global business units serving customers in more than 120 countries. With millions of units sold producing more than 1 TWh of clean, renewable energy, APsystems continues to be a leader in the ever-growing solar MLPE segment.

Information on APsystems can be found at https://APsystems.com.

Press contact: Jason Higginson – This email address is being protected from spambots. You need JavaScript enabled to view it.

WALTHAM, Mass.--(BUSINESS WIRE)--It is with profound sadness that Global Partners LP (NYSE: GLP) today announced that Edward J. Faneuil, the Partnership’s Executive Vice President, General Counsel and Secretary, died suddenly on May 17, 2021. He was 68.

“Eddie was a treasured colleague, friend and member of the Global family for three decades, and we are deeply saddened by his unexpected passing,” said Richard Slifka, Chairman of the Board of Directors of the Partnership’s general partner, Global GP LLC. “His knowledge, experience and leadership were integral in guiding and growing our business and our team.”

Eric Slifka, President and CEO of Global Partners, said, “Yesterday we lost a legend. Eddie was tough in business but had a compassionate way of turning strangers into friends and family. He was an exceptionally talented attorney who mentored many young lawyers and gave generously of his time. Through his energy and dedication, Eddie helped to build the foundation for Global’s success—we are fortunate to have worked with him. We extend our deepest sympathies and support to Eddie’s wife and family and all those who loved him like family.”

Mr. Faneuil, who had been employed with the Global family of companies since 1991, oversaw the Partnership’s legal and regulatory departments. In addition, he managed the legal aspects of Global Partners’ successful 2005 initial public offering on the New York Stock Exchange as well as the Partnership’s subsequent financial transactions. From 1981 to 1991, Mr. Faneuil was a partner at Samek & Faneuil, a Boston-based general practice law firm with an emphasis on mergers and acquisitions and real estate transactions.

Mr. Faneuil was a member of the Massachusetts Bar Association and the Association of Corporate Counsel, and served on the board of directors of the New England Fuel Institute and the Independent Oil Marketers Association.

About Global Partners LP

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

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

Catie Kerns
Vice President of Communications
Global Partners LP
(781) 894-8800

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt”) (TSX:S) today announced the appointment of Leon Binedell, a 25-year mining industry veteran with a history of building shareholder value, as President and CEO effective June 1, 2021.

“In searching for our new Chief Executive, the Board was mindful of the need to recruit a candidate with the strategic capability to drive Sherritt’s future agenda whilst at the same time possessing a thorough understanding of mining,” said Sir Richard Lapthorne, Chair of Sherritt’s Board of Directors. “I am delighted with Leon’s appointment. He is a dedicated leader whose deep sector expertise and proven ability to deliver results in complex stakeholder and multi-jurisdictional landscapes will be great advantages for Sherritt for many years to come. His proactivity, high ethics, strategic mindset and dependability make him a true asset, and we are confident in Sherritt’s ability to create significant value under his leadership.”

Originally from South Africa, Mr. Binedell is a mining executive with 25 years of industry experience in leading global mining companies and adjacent joint ventures. Most recently, he worked as Chief Financial Officer of Guyana Goldfields Inc. (“Guyana Goldfields”), a Canadian-based gold producer focused on gold deposits in Guyana. During his tenure with Guyana Goldfields, Mr. Binedell was instrumental in maximizing shareholder value and ensured stability through the effective recruitment of team members, the renegotiation of all major operating and supply contracts and the development of finance and governance practices that guided Guyana Goldfields through its successful sale.

Mr. Binedell has served in a variety of senior leadership roles at leading mining companies, including nickel and other base metals businesses. Prior to joining Guyana Goldfields, he served as Finance Operating Executive with Resource Capital Funds, a leading private equity fund focused on the mining sector and the commercialization of mining innovation. In his role, he advised a portfolio of 25 companies representing $2 billion in assets under management that spanned seven commodities and mining related innovations across eight countries on improving their overall strategies, financial performance and finance practices. Additional sector experience includes his time as National Leader of Finance Consulting in Mining & Energy at PricewaterhouseCoopers LLP, General Manager of Business Services at Xstrata Nickel (now Glencore) and Chief Financial Officer at Koniambo Nickel SAS.

“I am excited to be joining Sherritt at this important juncture in its ongoing transformation as the Company continues to capitalize on growing demand for high-purity nickel and cobalt, while also expanding its Technologies business,” said Leon Binedell, incoming President and CEO of Sherritt. “Sherritt’s exposure to the electric vehicle revolution and unique ability to deliver crucial hydrometallurgy technology illustrates that the business has a compelling future. I look forward to building on the nearly 100 years of Sherritt’s history in innovation and to delivering long-term value for our shareholders while continuing our focus on safe, environmentally conscious operations for the benefit of our employees and various stakeholders.”

Mr. Binedell will succeed current President and CEO David Pathe, who in November 2020 announced his intention to step down from the role in 2021. As previously communicated, Mr. Pathe will remain with Sherritt for a period of time to ensure an orderly transition. He will leave Sherritt after almost 10 successful years as Chief Executive improving every aspect of its business. He guided the Company through its contractual obligations from the legacy Ambatovy Project to completion, rebuilt the balance sheet by eliminating $3.5 billion in debt, and improved performance from operations, all amid challenging market conditions and an increasingly hostile US policy towards Cuba. Mr. Pathe additionally showed clear commitment to environmental stewardship and fostered the diverse and inclusive culture that Sherritt has today.

“David’s performance as Chief Executive was critical to Sherritt during a difficult and extremely volatile period for the nickel market, which provided no space for financial comfort," said Sir Richard. “His tireless work over many years addressing financial recovery from the consequences of the Ambatovy investment produced the remarkable balance sheet restructuring completed last year. This, in turn, enabled Sherritt to stop needing to spend all its time looking backwards. Instead, Sherritt is now able to look to the future with confidence and optimism, and has started to create options for setting the Company onto a positive trajectory. That is David’s legacy. The Board and I thank him and wish him great success in his future endeavours.”

Notice of Annual Meeting

Sherritt’s 2021 Annual Meeting of Shareholders will be held on May 20th, 2021. As a result of the continuing impact of COVID-19 and to ensure the health and welfare of our shareholders, employees and other stakeholders, the meeting will be held virtually.

• Time: 10:00 am (ET)
• Meeting website: https://web.lumiagm.com/416715960
• Click “Login” and then enter control number and Password: sherritt2021 (case sensitive); OR
• Click “I am a Guest” and then complete the online form.

Attending the Meeting online enables registered shareholders or their duly appointed proxyholders and non-registered shareholders who have duly appointed themselves as proxyholder, or their duly appointed proxyholders, to participate at, submit questions in writing and vote at the Meeting, all in real time.

Sherritt recommends shareholders and guests to log in at least 15 minutes before the Meeting starts.

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”.

Forward-Looking Statements

This press release contains certain forward-looking statements. Forward-looking statements can generally be identified by the use of statements that include such words as “believe”, “expect”, “anticipate”, “intend”, “plan”, “forecast”, “likely”, “may”, “will”, “could”, “should”, “suspect”, “outlook”, “potential”, “projected”, “continue” or other similar words or phrases. Specifically, forward-looking statements in this document include, but are not limited to, statements set out in the “Outlook” section of this press release and certain expectations regarding production volumes, operating costs and capital spending; supply, demand and pricing outlook in the nickel and cobalt markets; the impact of COVID-19; continued qualification for the Canada Emergency Wage Subsidy (CEWS); the potential impact of Cuba’s currency unification; anticipated payments of outstanding receivables, including re-directed distributions from the Corporation’s Moa Joint Venture partner; the impact of U.S. sanctions on Cuban; and amounts of certain other commitments.

Forward looking statements are not based on historical facts, but rather on current expectations, assumptions and projections about future events, including commodity and product prices and demand; the level of liquidity and access to funding; share price volatility; production results; realized prices for production; earnings and revenues; environmental rehabilitation provisions; availability of regulatory and creditor approvals and waivers; compliance with applicable environmental laws and regulations; debt repayments redemptions and deferrals; collection of accounts receivable; and certain corporate objectives, goals and plans. By their nature, forward looking statements require the Corporation to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that predictions, forecasts, conclusions or projections will not prove to be accurate, that those assumptions may not be correct and that actual results may differ materially from such predictions, forecasts, conclusions or projections.

The Corporation cautions readers of this press release not to place undue reliance on any forward looking statement as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward looking statements. These risks, uncertainties and other factors include, but are not limited to, the impact of the COVID-19 pandemic, changes in the global price for nickel, cobalt, oil and gas, fertilizers or certain other commodities; security market fluctuations and price volatility; level of liquidity; access to capital; access to financing; the risk to Sherritt’s entitlements to future distributions from the Moa Joint Venture; risk of future non-compliance with debt restrictions and covenants and mandatory repayments; Sherritt’s ability to replace depleted mineral reserves; risks associated with the Corporation’s joint venture partner; variability in production at Sherritt’s operations in Cuba; risks related to Sherritt’s operations in Cuba; risks related to the U.S. government policy toward Cuba, including the U.S. embargo on Cuba and the Helms-Burton legislation; potential interruptions in transportation; uncertainty of gas supply for electrical generation; the Corporation’s reliance on key personnel and skilled workers; the possibility of equipment and other failures; risks associated with mining, processing and refining activities; uncertainty of resources and reserve estimates; the potential for shortages of equipment and supplies, including diesel; supplies quality issues; risks related to environmental liabilities including liability for reclamation costs, tailings facility failures and toxic gas releases; risks related to the Corporation’s corporate structure; political, economic and other risks of foreign operations; risks associated with Sherritt’s operation of large projects generally; risks related to the accuracy of capital and operating cost estimates; foreign exchange and pricing risks; compliance with applicable environment, health and safety legislation and other associated matters; risks associated with governmental regulations regarding climate change and greenhouse gas emissions; risks relating to community relations and maintaining the Corporation’s social license to grow and operate; credit risks; competition in product markets; future market access; interest rate changes; risks in obtaining insurance; uncertainties in labour relations; uncertainty in the ability of the Corporation to enforce legal rights in foreign jurisdictions; uncertainty regarding the interpretation and/or application of the applicable laws in foreign jurisdictions; legal contingencies; risks related to the Corporation’s accounting policies; identification and management of growth opportunities; uncertainty in the ability of the Corporation to obtain government permits; risks to information technologies systems and cybersecurity; failure to comply with, or changes to, applicable government regulations; bribery and corruption risks, including failure to comply with the Corruption of Foreign Public Officials Act or applicable local anti-corruption law; the ability to accomplish corporate objectives, goals and plans for 2021; and the Corporation’s ability to meet other factors listed from time to time in the Corporation’s continuous disclosure documents. Additional risks, uncertainties and other factors include, but are not limited to, the ability of the Corporation to achieve its financial goals; the ability of the Corporation to continue to realize its assets and discharge its liabilities and commitments; the Corporation’s future liquidity position, and access to capital, to fund ongoing operations and obligations (including debt obligations); the ability of the Corporation to stabilize its business and financial condition; the ability of the Corporation to implement and successfully achieve its business priorities; and the ability of the Corporation to comply with its contractual obligations, including, without limitation, its obligations under debt arrangements. Readers are cautioned that the foregoing list of factors is not exhaustive and should be considered in conjunction with the risk factors described in this press release and in the Corporation’s other documents filed with the Canadian securities authorities, including without limitation the Management’s Discussion and Analysis for the three months and year ended March 31, 2021 and the Annual Information Form of the Corporation dated March 19, 2021 for the period ending December 31, 2020, which is available on SEDAR at www.sedar.com.

The Corporation may, from time to time, make oral forward-looking statements. The Corporation advises that the above paragraph and the risk factors described in this press release and in the Corporation’s other documents filed with the Canadian securities authorities should be read for a description of certain factors that could cause the actual results of the Corporation to differ materially from those in the oral forward-looking statements. The forward-looking information and statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any oral or written forward-looking information or statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement.

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

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that its Chairman and CEO, Dr. Vasilis Gregoriou, will speak at Hydrogen 2021 on Friday, May 21, 2021. The two-day digital conference and exhibition is hosted by Reuters Events and will connect key industry stakeholders with the critical connections they need to expand in the hydrogen market.

Dr. Gregoriou will discuss hydrogen's role in the off-grid, portable and mobility sectors in a one-on-one interview with technology evangelist Kevin O’Donovan. Dr. Gregoriou will provide an overview of Advent’s high temperature HT-PEM fuel cells, and their key role in transforming the energy market. He will present Advent’s role in tackling the need for secure, flexible, and high-quality power through the company’s unique ‘Any Fuel. Anywhere’ option, which allows for a robust, long-lasting, low-cost fuel cell product that succeeds in extreme and challenging environments for an array of industries.

Later in the day, Dr. Gregoriou will also take part in a private roundtable discussion with energy and transportation leaders to discuss safety concerns in rolling out hydrogen and address why hydrogen is headlining with decarbonizing hard-to-abate sectors.

Dr. Gregoriou’s interview will take place live on Day 2 of the event at 14:30 PM BST / 9:30 AM EDT. Registration to follow the program is found here: https://www.reutersevents.com/events/hydrogen/.

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles critical components for fuel cells and advanced energy systems in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in the San Francisco Bay Area and Europe. With 120-plus patents (issued and pending) for its fuel cell technology, Advent holds the IP for next-gen high-temperature proton exchange membranes (HT-PEM) that enable various fuels to function at high temperatures under extreme conditions – offering a flexible ‘Any Fuel. Anywhere’ option for the automotive, maritime, aviation and power generation sectors. www.advent.energy

Advent Technologies
Elisabeth Maragoula
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Sloane & Company
Joe Germani / James Goldfarb
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Compact, entry-level marine stereo features modern aesthetics, music streaming over Bluetooth and more

OLATHE, Kan.--(BUSINESS WIRE)--Garmin^® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the world’s largest¹ and most innovative marine electronics manufacturer, today announced the MS-RA60 marine stereo from Fusion^® Entertainment, a Garmin brand, delivering boaters a high-quality onboard entertainment experience at an affordable price with a new modern look. Featuring an anti-fogging display and compact design, the MS-RA60 is Fusion’s latest entry-level marine stereo solution for boat owners wanting a full-featured stereo that fits their boat’s style and size.

“We are thrilled to introduce this fresh take on the existing Fusion MS-RA55 and RA50 marine stereos,” said Dan Bartel, Garmin vice president of global consumer sales. “With the new MS-RA60 onboard, boaters can enjoy the look and feel of a premium marine stereo without breaking the bank. The conveniently small form factor and ability to reproduce powerful, high-quality audio makes the MS-RA60 the perfect fit for boats with limited space at the helm, from pontoons to small fishing boats.”

Boasting Fusion’s latest audio technology, the MS-RA60 is designed to amplify every minute spent on the water. Modern features include:

• Stylish design: Anti-fogging, daylight readable edge-bonded display with modern style
• Wireless connectivity: Stream music over Bluetooth^® with control via the Fusion-Link™ app
• Multi-Zone™ control: Volume control for two independent audio zones on the boat
• Wireless control: Control music via ANT-compatible smartwatches or the ARX70 remote
• Weather resistant: IPX6 and IPX7 Water Ingress Protection standards
• Power and efficiency: Class D amplification powers up to four speakers onboard
• Built-in Digital Audio Broadcasting (DAB) tuner: Access a wider range of radio stations by reducing interference and static

With its stylish new look, the MS-RA60 enhances the dash of any boat while continuing to deliver the best of Fusion technology for an unparalleled onboard entertainment experience. Boaters can conduct over-the-air software updates from compatible smart devices – via Bluetooth connection – with the Fusion-Link app, and wirelessly control music with the Fusion-Link app, handheld ARX70 remote or compatible Garmin quatix 6 series smartwatch. Thanks to a built-in DAB tuner, a first for Fusion stereos, boaters can tap into more frequencies than AM or FM radio alone, meaning no more tedious tuning to access a desired radio station.

Built to last season-after-season, the MS-RA60 is engineered and designed with marine elements in mind. For protection against salt, fog, UV, dust and more, a quality edge-bonded display with IPX6 and IPX7 weather resistance ensures that the MS-RA60 will consistently perform well in harsh marine environments.

The MS-RA60 marine stereo will be available in Q2 with a suggested retail price of $199.99, backed by Fusion’s one-year consumer warranty. For boats that currently have a Fusion MS-RA55 stereo installed onboard, the MS-RA60 fits easily in the same cut-out for an effortless and simple upgrade. For more information about the MS-RA60 and its seamless integration with Garmin marine electronics, visit www.garmin.com/fusionaudioentertainment.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most sophisticated marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For the sixth consecutive year, Garmin was recently named the Manufacturer of the Year by the National Marine Electronics Association (NMEA). Other Garmin marine brands include Navionics^®. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garminnews, instagram.com/garmin or youtube.com/garmin.

¹ Based on 2019 reported sales.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Fusion and Navionics are registered trademarks and Multi-Zone, Fusion-Link and True-Marine are trademarks of Garmin Ltd. or its subsidiaries.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 26, 2020, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Riley Swickard
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New pilot with the nation’s premier lab to show how nuclear energy can be a highly efficient input into solid oxide electrolyzer system for carbon-free hydrogen production

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) today announced an agreement with Idaho National Laboratory (INL) to independently test the use of nuclear energy to create clean hydrogen through Bloom Energy’s solid oxide, high-temperature electrolyzer.

This carbon-free hydrogen is obtained through electrolysis that is powered by nuclear generation. When the electric grid has ample power, rather than ramping down power generation, the electricity generated by nuclear plants can be used to produce cost-effective hydrogen in support of the burgeoning hydrogen economy.

First announced in July 2020, Bloom Energy’s electrolyzer converts water (or steam) into hydrogen and oxygen. The hydrogen can then be injected into the natural gas pipeline, stored and used for power generation with a fuel cell at a later time, dispensed to fuel cell vehicles, or used by industrial processes that consume large amounts of hydrogen. Bloom Energy’s electrolyzer has a higher efficiency than low-temperature electrolyzer technologies, thereby reducing the amount of electricity needed to produce hydrogen. The steam supplied to the electrolyzers can also be generated by the thermal energy produced by the nuclear power plant, bolstering the overall efficiency of hydrogen production further.

INL will test Bloom Energy’s electrolyzers at the Dynamic Energy Testing and Integration Laboratory in Idaho where researchers can simulate steam and load following conditions as if it were already integrated with a nuclear power station. These simulations will provide the opportunity to model operations in a controlled environment.

“The high-temperature electrolyzers take advantage of both the thermal and the electrical power that are available at nuclear power plants,” said Tyler Westover, the Hydrogen and Thermal Systems Group lead at INL. “This expands the markets for nuclear power plants by allowing them to switch between sending power to the electrical grid and producing clean hydrogen for transportation and industry energy sectors.”

“We must think creatively and seek all possible low, zero, and negative carbon solutions to benefit our planet. Harnessing excess energy to produce hydrogen is a solution with a positive impact on global decarbonization efforts and we look forward to working with the team at Idaho National Laboratory to make this a reality,” said Venkat Venkataraman, EVP and chief technology officer, Bloom Energy. “As a result of this pilot, we expect to establish carbon-free hydrogen generation with the highest efficiency of any electrolyzer in the market today.”

As the nation's premier nuclear science and technology lab, INL leads research, development and demonstration projects to help the nation maintain and expand its use of nuclear energy.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.

Media Contact
Erica Osian
Bloom Energy
1.401.714.6883
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Investor Relations Contact
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EVANSVILLE, Ind.--(BUSINESS WIRE)--Today, Berry Global Group, Inc. (NYSE: BERY) announced investment in renewable energy through the use of a long-term virtual power purchase agreement (VPPA) aligned to provide the equivalent electricity requirements of the Company’s Spanish operations. In its Impact 2025 sustainability strategy, Berry commits to minimizing its absolute Scope 1 and Scope 2 emissions by 25 percent by 2025 vs. a 2019 baseline. This target was validated as being in line with the Paris Agreement and limiting warming to 1.5°C by the Science Based Targets initiative earlier this year. Agreements in renewable energy are a prioritized strategy to support its operational goals while additionally investing in reducing overall energy demand. The VPPA investment will support the construction of a solar park in Guadalajara, which will greatly reduce the Company’s carbon footprint in Spain with a reduction of approximately 20,000 tons per year.

Sites benefitting from the agreement include Tarragona, Madrid, Pamplona, La Caniza, and two in Barcelona. Tarragona is the primary site, with 70 percent of Berry’s energy consumption for the country. Achieving this broader impact comes with partnership across the value chain, including Berry’s chosen VPPA partnership with renewable energy leader Axpo Iberia.

“This agreement of the production of renewable energy is one of many steps Berry Global is taking to lower the carbon emissions of our operations,” said Rodgers Greenawalt, Executive Vice President Operations at Berry. “By taking strides to lower our greenhouse gas emissions, we in turn reduce our customers’ Scope 3 emissions.”

Berry’s commitment to renewable energy in Spain will contribute to additionality, enabling the addition of new renewable energy to the grid as part of one of the largest European solar park projects. Berry recognizes that in order to succeed in its quest to limit global warming, it must also help lay the groundwork for its communities and peers. Through this investment, Berry is strengthening the local infrastructure for renewable energy sources with the installment of 50 MW of new capacity, belonging to Trillo project, the largest PV plant in Europe with 626 MW.

Berry continues to be aggressive in its progress, solidifying its promise of limiting global warming to 1.5°C and in support of achieving a net-zero economy by 2050 with its recent announcement of Science-Based Targets. Find more information on Berry Global’s sustainability commitments and progress in the Company’s Impact Report 2020.

About Berry
At Berry Global Group, Inc. (NYSE:BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. Harnessing the strength in our diversity and industry leading talent of 47,000 global employees across more than 295 locations, we partner with customers to develop, design, and manufacture innovative products with an eye toward the circular economy. The challenges we solve and the innovations we pioneer benefit our customers at every stage of their journey. For more information, visit our website at berryglobal.com, or connect with us on LinkedIn or Twitter.

About Axpo:
Axpo is the largest producer of renewable energy in Switzerland and an international leader in the trading and marketing of solar and wind energy. With a workforce of 5,000 employees and operations in more than 30 countries in Europe and the United States, it develops innovative solutions by combining more than 100 years of experience with its capacity for innovation for a sustainable energy future.

Axpo Iberia has been managing for 20 years the main independent portfolio of renewable plants on the peninsula and offers products and services in Spain and Portugal that range from electricity and gas supply, to energy efficiency and trading of electricity, gas, biomass and CO2.

Berry Media Contact:
Amy Waterman
+1 812 306 2435
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CARY, N.C.--(BUSINESS WIRE)--MercuryGate® International, Inc., (MercuryGate) the largest and rapidly growing transportation management system (TMS) provider, today announced it has been selected to the Top 100 Logistics IT Providers list issued annually by Inbound Logistics Magazine. The list also included Cheetah Logistics, recently acquired by MercuryGate, positioning MercuryGate as a double award winner for 2021.

“To be selected not once but twice on the same list is an honor,” said MercuryGate President & CEO Joe Juliano. “However, the true recognition goes to all the shippers, carriers, brokers and 3PLs who recognized that the last mile is a mission-critical element of their Transportation Management Systems. It is also a key reason MercuryGate acquired Cheetah Logistics to significantly reduce transportation time and cost in all modes from container to customer.”

MercuryGate was recognized for its wide-ranging solutions include Load Planning, Optimization, Procurement, Rate & Bid, Routing & Scheduling, Supply Chain Control Tower, TMS and Transportation Management capabilities. Cheetah Logistics, recognized for the 16^th consecutive year, was cited for such transformational capabilities as AI, Machine Learning, Predictive Analytics and Optimization helping customers streamline their last mile process. This includes proactively predicting, measuring and minimizing disruptions and risks to enable a fluid last mile and reduce disruption recovery time from days to minutes.

Inbound Logistics editors annually recognize 100 top Logistics IT companies that support and enable logistics excellence. For the 2021 list, the publication assessed more than 400 companies in the industry selecting industry leaders who deliver scalable, robust solutions that deliver significant and rapid return on investment.

“A seismic event changed the dynamic of the supply chain over the last year,” said Inbound Logistics Editor Felecia Stratton. “What elevated MercuryGate and Cheetah Logistics is their ability to address those seismic challenges with agile, evolutionary analytic and machine learning capabilities in all transportation modes. Inbound Logistics congratulates MercuryGate/Cheetah Logistics and all the 2021 Top 100 Logistics IT Providers who set the bar high for agility and capability.”

Find out why MercuryGate has set the industry standard for the most adaptable, comprehensive transportation solutions suite in the industry at https://mercurygate.com or on Twitter at @MercuryGate.

About Inbound Logistics

Since its inception in 1981, Inbound Logistics’ educational mission is to illustrate the benefits of demand-driven logistics practices, give companies the knowledge to help them match the inbound flow of materials to their demand, and align their business process to support that shift. Inbound Logistics offers real-world examples and decision support to guide businesses to efficiently manage logistics, reduce and speed inventory, offset rising transport costs, and balance transport needs with demand, supporting business scalability across their value chain. More information about demand-driven logistics practices is available at www.inboundlogistics.com.

About MercuryGate

MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal. Through the continued release of innovative, results-driven technology and a commitment to making customers successful, MercuryGate delivers exceptional value for TMS users through improved productivity and operational efficiency. MercuryGate offers business intelligence to improve transportation processes, increase customer satisfaction, and reduce costs. Find out why MercuryGate has set the industry standard for the most adaptable, comprehensive transportation solutions suite in the industry at https://mercurygate.com or on Twitter at @MercuryGate.

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

2021 OUTLOOK RAISED; ORDERS UP 70% AT SYPRIS ELECTRONICS

LOUISVILLE, Ky.--(BUSINESS WIRE)--$SYPR--Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its first quarter ended April 4, 2021.

HIGHLIGHTS

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• Customer orders were robust during the period, while revenue was less than the prior year quarter due to late material receipts and customer releases that have since been resolved and are expected to support future growth.
• Gross margin decreased from the prior-year period as a result of lower revenue, sales mix and the costs incurred to ramp up production in order to meet the significant increase in demand for future deliveries experienced at Sypris Technologies, since substantially resolved.
• Orders for Sypris Electronics increased 70% during the first quarter compared to the same period in 2020, driving backlog up 36.3% over the prior-year period and up 56.3% for the sequential quarter. Similarly, backlog for the energy products of Sypris Technologies increased 37.9% over the prior-year period and 74.9% sequentially, while the order board from commercial vehicle customers continued to increase significantly.
• The Company increased its full-year outlook for 2021, with revenue now expected to increase 25-30% year-over-year, up from prior guidance of 20%. The Company also reaffirmed its margin and cash flow expectations for the year, forecasting a 200-300 basis point expansion of margins and strong double-digit percentage growth in cash flow from operations.
• Sypris Electronics announced a contract award to manufacture and test a variety of electronic power supply modules for a mission-critical, long-range, precision-guided, anti-ship missile system, with production to begin during 2021.
• Sypris Technologies announced a long-term contract extension with a leading commercial vehicle manufacturer. The new contract continues the existing product lines and includes the award of two additional axle shaft model lines to begin production in 2021 and the adoption of certain Sypris Ultra^® series lightweight axle shaft design features.
• Sypris Technologies also announced awards from two high-pressure energy projects. The contracts, which provide for the use of closures in the Anchor Field development project in the Gulf of Mexico and the planned upgrade of a natural gas pipeline system in North America, call for shipments to begin prior to year-end 2021.
• Subsequent to quarter-end, Sypris Electronics announced a contract award to manufacture and test a variety of electronic assemblies for a Government spacecraft program with production to begin during 2021.

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“We are clearly now at the inflection point for Sypris. The significant growth in orders and the underlying strength of our markets is expected to have a material impact on the financial results of the Company beginning in the second quarter of 2021. Backlog is up 56% sequentially for Sypris Electronics, while the OEM backlog of Class 8 commercial vehicles is up 160% since August,” commented Jeffrey T. Gill, President and Chief Executive Officer.

“Customer orders for Sypris Electronics increased 70% over the prior-year period, with deliveries now scheduled well into 2023. Shipments were impacted during the first quarter by late material receipts and a delay in customer releases; however, both issues have since been resolved. We expect the first quarter shortfall to be recovered during the balance of the year, combining with recent contract wins to provide meaningful sequential growth in the top line going forward.

“Demand from customers serving the automotive, commercial vehicle, sport utility and off-highway markets has continued to accelerate. Freight demand is currently overwhelming industry capacity with orders for the past six months up 153% year-over-year. The recent announcement of the long-term contract extension with one of our key customers combined with the improved outlook for these markets gives us a clear path to support our growth objectives going forward.

“As we discussed on our previous call, activity levels in the oil and gas industry are expected to remain challenging during the first half of 2021. However, steadily improving commodity prices, gradually reopening economies and increasing pipeline activity have resulted in increased orders recently, and we continue to anticipate year-over-year growth of our energy related products.”

Concluding, Mr. Gill said, “Our customer base and the markets we serve are considerably more diversified than at any point in our recent history. As an essential business, we have a responsibility to ensure that our defense, communications, energy, and transportation sectors remain vibrant. We will continue to monitor developments, act promptly to mitigate risks and take the necessary steps required to ensure deliveries continue to be made to our customers in a timely manner.”

First Quarter Results

The Company reported revenue of $20.0 million for the first quarter of 2021, compared to $22.4 million for the prior-year period. Additionally, the Company reported a net loss of $1.6 million for the first quarter of 2021, or $0.08 per share, compared to a net loss of $0.3 million, or $0.01 per share, for the prior-year period.

Sypris Technologies

Revenue for Sypris Technologies was $13.2 million in the first quarter of 2021 compared to $13.7 million for the prior-year period, primarily reflecting reduced demand in the oil and gas market partially offset by a rebound in the commercial vehicle market. Gross profit for the first quarter of 2021 was $1.2 million, or 8.9% of revenue, compared to $2.5 million, or 18.2% of revenue, for the same period in 2020. Gross profit for the first quarter of 2021 was impacted by additional costs associated with ramping up production to meet the substantial increase in demand driven by the commercial vehicle market.

Sypris Electronics

Revenue for Sypris Electronics was $6.8 million in the first quarter of 2021 compared to $8.7 million for the prior-year period. Shipments during the first quarter of 2021 were impacted by a customer design change and the timing of material receipts to resolve the design change, as well as lower sales to a commercial communications customer during the period. Gross profit for the first quarter of 2021 was $0.6 million, or 9.5% of revenue, compared to $1.2 million, or 14.1% of revenue, for the same period in 2020.

Outlook

Commenting on the future, Mr. Gill added, “Demand has strengthened significantly from customers serving the automotive, commercial vehicle and sport utility markets, with Class 8 forecasts showing year-over-year production increases of over 43% for 2021. Similarly, demand from customers in the defense and communications sector remains robust. While the energy market continues to be volatile, we continue to secure new orders on important projects around the world.

“The first quarter marks the turning point for the Company. We expect the significant growth in orders and strength of our markets to have a substantial impact on our financial results beginning in the second quarter, with a strong increase in revenue and income for the period and continuing going forward.

“The continuing momentum of new contract awards, when combined with increasingly positive market conditions, provide important support to increase our revenue guidance for 2021. Our current outlook includes a 25-30% growth in the Company’s top line in 2021, a 200 to 300 basis points expansion in the Company’s gross margin and strong double-digit percentage growth in cash flow generated from operations.

“We remain focused on meeting the important needs of our customers who serve defense, communications, energy, transportation, and other critical infrastructure industries. With a strong backlog and recovering markets, we are confident that the remainder of 2021 has the potential to be very positive for Sypris.”

About Sypris Solutions

Sypris Solutions is a diversified provider of truck components, oil and gas pipeline components and aerospace and defense electronics. The Company produces a wide range of manufactured products, often under multi-year, sole-source contracts. For more information about Sypris Solutions, visit its Web site at www.sypris.com.

Forward Looking Statements

This press release contains “forward-looking” statements within the meaning of the federal securities laws. Forward-looking statements include our plans and expectations of future financial and operational performance. Such statements may relate to projections of the company’s revenue, earnings, and other financial and operational measures, our liquidity, our ability to mitigate or manage disruptions posed by the current coronavirus disease (“COVID-19”), and the impact of COVID-19 and economic conditions on our future operations, among other matters. In March 2020, the President of the United States declared the COVID-19 outbreak a national emergency. COVID-19 continues to spread throughout the United States and other countries across the world, and the duration and severity of its effects are currently unknown. The COVID-19 pandemic has resulted, and is likely to continue to result, in significant economic disruption and has and will likely adversely affect our business. The Company has continued to operate at each location and sought to remain compliant with government regulations imposed due to the COVID-19 pandemic.

Each forward-looking statement herein is subject to risks and uncertainties, as detailed in our most recent Form 10-K and Form 10-Q and other SEC filings. Briefly, we currently believe that such risks also include the following: the impact of COVID-19 and economic conditions on our future operations; possible public policy response to the pandemic, including legislation or restrictions that may impact our operations or supply chain; our failure to successfully complete final contract negotiations with regard to our announced contract “orders”, “wins” or “awards”; our failure to successfully win new business; the termination or non-renewal of existing contracts by customers; our failure to achieve and maintain profitability on a timely basis by steadily increasing our revenues from profitable contracts with a diversified group of customers, which would cause us to continue to use existing cash resources or require us to sell assets to fund operating losses; breakdowns, relocations or major repairs of machinery and equipment, especially in our Toluca Plant; the cost, quality, timeliness, efficiency and yield of our operations and capital investments, including the impact of tariffs, product recalls or related liabilities, employee training, working capital, production schedules, cycle times, scrap rates, injuries, wages, overtime costs, freight or expediting costs; dependence on, retention or recruitment of key employees and distribution of our human capital; disputes or litigation involving governmental, supplier, customer, employee, creditor, stockholder, product liability, warranty or environmental claims; our failure to achieve targeted gains and cash proceeds from the anticipated sale of certain equipment and other assets; the fees, costs and supply of, or access to, debt, equity capital, or other sources of liquidity; our ability to comply with the requirements of the SBA and seek forgiveness of all or a portion of our Paycheck Protection Program loan; our inability to develop new or improved products or new markets for our products; cost, quality and availability or lead times of raw materials such as steel, component parts (especially electronic components), natural gas or utilities; our ability to maintain compliance with the NASDAQ listing standards minimum closing bid price; our reliance on a few key customers, third party vendors and sub-suppliers; inventory valuation risks including excessive or obsolescent valuations or price erosions of raw materials or component parts on hand or other potential impairments, non-recoverability or write-offs of assets or deferred costs; other potential weaknesses in internal controls over financial reporting and enterprise risk management; failure to adequately insure or to identify product liability, environmental or other insurable risks; unanticipated or uninsured disasters, public health crises, losses or business risks; unanticipated or uninsured product liability claims; volatility of our customers’ forecasts, scheduling demands and production levels which negatively impact our operational capacity and our effectiveness to integrate new customers or suppliers, and in turn cause increases in our inventory and working capital levels; the costs of compliance with our auditing, regulatory or contractual obligations; labor relations; strikes; union negotiations; pension valuation, health care or other benefit costs; costs associated with environmental claims relating to properties previously owned; our inability to patent or otherwise protect our inventions or other intellectual property from potential competitors; adverse impacts of new technologies or other competitive pressures which increase our costs or erode our margins; U.S. government spending on products and services that Sypris Electronics provides, including the timing of budgetary decisions; changes in licenses, security clearances, or other legal rights to operate, manage our work force or import and export as needed; risks of foreign operations; currency exchange rates; war, terrorism, or political uncertainty; cyber security threats and disruptions; inaccurate data about markets, customers or business conditions; risk related to owning our common stock including increased volatility; or unknown risks and uncertainties. We undertake no obligation to update our forward-looking statements, except as may be required by law.

Anthony C. Allen
Chief Financial Officer
(502) 329-2000

Loan Supports Solar Access, Energy Savings and Green Jobs

CAMBRIDGE, Mass.--(BUSINESS WIRE)--#climateinvesting--Clean energy investment firm Sunwealth today announced a $2.9 million loan from Calvert Impact Capital to support Sunwealth’s solar access work. Sunwealth will use the financing, together with $4.3 million in tax equity investment from private investors, to support 18 solar projects on the rooftops and parking lots of nonprofit organizations, multi-family apartment buildings, houses of worship and commercial office buildings in communities underserved by traditional renewable energy financing. These community-based solar projects will generate enough electricity to power over 300 homes annually, and will provide Sunwealth’s solar customers with $3.8 million in lifetime energy savings. The loan will also help catalyze additional investment in Sunwealth’s innovative solar financing model.

Sunwealth brings critical capital to the commercial solar market – supporting solar projects ranging in size from 5 kilowatts to 1 megawatt on building rooftops and parking lots. The company partners with local solar developers and installers to design and construct these projects, which deliver solar access and long-term, meaningful energy savings to building owners and to low- and moderate-income households through community shared solar agreements. Sunwealth helps investors like Calvert Impact Capital put their money to work in these community-based projects, building portfolios that contribute to a more diverse and inclusive solar economy while delivering strong, stable and predictable financial returns.

One of projects supported by Calvert Impact Capital’s investment is a 37-kilowatt installation on the rooftop of a multifamily apartment building owned by Fifth Avenue Committee (FAC), a nonprofit community development corporation in Brooklyn, NY. Installed by Brooklyn-based Solar Energy Systems, the system will allow FAC to provide building tenants with $240 in annual energy savings.

“Investors are looking for proactive solutions to climate change and inequality, two of the most pressing challenges of our time,” said Kevin Fanfoni, Director of Investments at Calvert Impact Capital. “Sunwealth offers both: reducing carbon emissions and delivering solar access and savings to underserved markets, while supporting green jobs at local small businesses. We’re proud to partner with them to build a more equitable and inclusive renewable energy future.”

“For over a generation, Calvert Impact Capital has helped make impact ‘investable,’” said Jon Abe, CEO of Sunwealth. “They’ve set the standard for investments that deliver social, environmental and financial returns – and made those returns accessible to all investors. They’re a key partner as we look to decarbonize, decentralize and democratize our clean energy economy.”

About Sunwealth

Sunwealth is a clean energy investment firm working to change who has access to renewable energy by changing the way we invest in it. Since 2014, Sunwealth has invested over $50 million in 400+ community-based solar projects nationwide and has delivered targeted returns to investors for 25 quarters with no defaults. In 2021, Impact Assets named Sunwealth to its IA50, a leading list of impact fund managers. Learn more at www.sunwealth.com.

About Calvert Impact Capital

Calvert Impact Capital invests to create a more equitable and sustainable world. Through our products and services, we raise capital from individual and institutional investors to finance intermediaries and funds that are investing in communities left out of traditional capital markets. During our 25-year history, we have mobilized over $2 billion of investor capital. More at www.calvertimpactcapital.org.

Jess Brooks
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Caitlin Rosser
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• Acquires Permian Basin upstream assets in the Eunice Monument Field
• Addition of 48,000 held-by-production acres; production of ~1,100 BOEPD

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (“Empire”) (OTCQB:EMPR) announced today that it has acquired producing oil and gas assets and related gathering assets located in Lea County, New Mexico through its wholly owned subsidiary, Empire New Mexico LLC (“Empire New Mexico”). The assets were acquired from ExxonMobil Corporation’s (NYSE:XOM) XTO Holdings, LLC (“Sellers”), in a transaction that has been previously reported by Empire in its filings with the Securities and Exchange Commission.

The acquired operated assets are comprised of ~700 gross oil, gas, and injector wells and encompass approximately ~40,000 net acres of Permian leasehold. The properties are characterized by high working and net revenue interests, producing approximately 1,100 net BOEPD (Barrels of Oil Equivalent per Day) with sixty-seven percent being oil.

The Eunice Monument (also “EMSU”) and Arrowhead Grayburg fields (also “AGU”) are located on the northwestern edge of the Permian Basin’s Central Basin Platform in southeastern Lea County, New Mexico, approximately 15 miles southwest of the city of Hobbs. The EMSU field was discovered on March 21, 1929, with the majority of field development occurring from 1934 through 1937 as the 2^nd largest carbonate reservoir in the Texas-New Mexico Permian area. USGS estimates that known recoverable efficiency in the Eunice Field and surrounding satellites at close to forty percent with Primary and Secondary recovery of an estimated 4.5 billion Original Oil barrels in Place “OOIP” making Eunice Monument one of the largest fields in the United States. The well development in the Eunice Monument South Unit was on 40-acre spacing. The field was produced under primary means until unitization of the field occurred in February 1985 as a Secondary Waterflood. The productive intervals at Eunice are mostly the Queen, San Andres and Grayburg formations.

In connection with financing of the acquisition, Empire New Mexico entered into a $16.25 Million senior secured convertible note with Energy Evolution Master Fund, Ltd at 3.8% per annum interest.

“We believe the EMSU and surrounding acquired fields have a significant resource base,” stated Mike Morrisett, President of Empire Petroleum. “In our view, these assets have current infill drilling and return-to-production well potential that should shortly enhance daily production. We thank our major and core shareholders in providing 100% of the capital to close this key accretive transaction for Empire. We are also excited to have retained the existing Sellers’ team that has successfully run the field for several years. With this acquisition Empire operates in five states, with an aggregate of over 100,000 net leasehold acres and ~1800 net BOEPD”.

Empire CEO Tommy Pritchard added, “This acquisition is a terrific example of what Empire looks to manage in their assets: mature producing oil properties with predictable, long life production with significant upside potential. Looking towards the future, the geologic location of the Permian EMSU and AGU holds 23,400 acres of residual oil zone potential (“ROZ”). The pipeline of growth opportunities around EMSU and AGU remains robust, and we are currently evaluating additional deal flow with a focus on building scale in the Permian.”

About Empire Petroleum Corporation

Empire Petroleum Corporation is a publicly traded, Tulsa-based oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana and New Mexico. Management is focused on targeted acquisitions of proved developed assets with synergies with its existing portfolio of wells. Empire looks for assets where its operational team can deploy rigorous field/well management techniques to reduce unit operating costs and improve margins while optimizing production.

FORWARD LOOKING STATEMENTS

This press release includes certain statements that may be deemed “forward-looking statements” within the meaning of the federal securities laws. All statements, other than statements of historical facts that address activities, events or developments that Empire expects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties. Actual results may vary materially from the forward-looking statements. For a list of certain material risks relating to Empire, see Empire’s Form 10-K for the fiscal year ended December 31, 2020.

Tommy Pritchard, CEO
Mike Morrisett, President
539-444-8002

Company expands line of wearable technology to address range of organizational safety, operational needs and COVID mitigation, as needed, across industries

NORWALK, Conn.--(BUSINESS WIRE)--#Connected--Triax Technologies, Inc., a leading Internet of Things (IoT) solutions provider connecting construction, energy, manufacturing and industrial worksites, announced today that it has launched a streamlined IoT solution, Spot-r Radius, expanding its flagship Spot-r suite of solutions. Spot-r Radius is a wearable solution that provides real-time preventative alerts and daily operational data insights, enabling companies to operate more safely and productively. The new solution incorporates Triax’s Proximity Trace* technology, providing device-to-device connectivity, which has helped keep workers safe through social distancing and contact tracing at more than 275 worksites during the COVID-19 pandemic.

Spot-r Radius, a self-deployable and lightweight wearable technology, provides key worker-to-worker, worker-to-location and worker-to-equipment-based intelligence to deliver valuable insights into daily operations. In addition to real-time safety alerts that proactively notify workers before entering hazardous areas or no-go zones, Spot-r Radius automates headcount and hours for daily reporting and labor billing verification; tracks equipment utilization; identifies bottlenecks causing inefficiencies on site; and supports social distancing and digital contact tracing, as needed. Its analytics reports, automatically uploaded to the cloud at the end of each day, help organizations improve sitewide efficiency and measure workforce behavior and risk KPIs.

“The insight we gained about our customers’ digital needs during the pandemic helped shape the development of Spot-r Radius and the expansion of our product line,” said Robert Costantini, Triax Technologies CEO. “Spot-r Radius is ideal for companies that are at the early stages of their digital transformation journeys and don’t have complex or real-time data requirements. While data is critical to gaining insights, too much of it initially can make analysis difficult. By collecting just what companies need when they start out – headcount, equipment usage data and more – Spot-r Radius helps companies identify ways to operate more safely and efficiently, while enabling proactive safety measures through its real-time alerting capabilities.”

According to Rose Hall, Head of Construction Innovation for AXA XL, which includes Triax as a technology partner in its Construction Ecosystem, “Construction jobsites are busy, risky workplaces. Spot-r Radius can help contractors gain peace of mind by giving workers added awareness into their surroundings on the jobsite and helping to keep workers at safe distances. Having this real-time feedback can minimize potential safety risks.”

Spot-r Radius joins Triax’s other IoT solutions, including its flagship Spot-r network solution – now known as Spot-r Mesh – which is a comprehensive safety, productivity and workforce management platform for complex worksites with real-time location and data needs; and Spot-r Access, a simplified approach to helping organizations control site entry and exit for safety and security.

Beyond social distancing

Spot-r Radius leverages the real-time proximity alerting technology that the company had developed for Proximity Trace, bringing new worker-facing, safety alerting capabilities to the Spot-r suite of products. To date, the more than 100 organizations across North America that have adopted Proximity Trace have been able to reduce close contact interactions between workers by 50 percent on average, in as few as two weeks of use.

Spot-r Radius is well-suited for all industrial worksites, including construction, energy, food processing, manufacturing, mining and other industries looking to digitize their worksites, while supporting their back-to-work strategies. An intrinsically safe version of the product enables it to operate reliably in very hazardous work environments. Spot-r Radius, which is easy to deploy and use, has modest network and power requirements.

About Triax Technologies, Inc.

Triax Technologies, Inc. develops and delivers a fully connected loT worksite platform through a proprietary communication hub designed for industries such as construction, energy, oil & gas, manufacturing, mining, heavy industrial and other challenging IT environments. Its Spot-r suite of wearable solutions addresses diverse digital needs, providing data-driven visibility to elevate worksite safety, productivity and security, while minimizing health and safety risks. Triax enables intelligent, actionable insights, helping firms work safer and smarter. The company is privately held and based in Norwalk, Conn. More information can be found at www.triaxtec.com.

LinkedIn
Twitter: @TriaxSpotr

*Proximity Trace is a trademark of Triax Technologies, Inc.

Media:
Hollywood Agency
Steve Saleeba
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508-315-3432

Names New Board of Directors and Leadership Team

Emerges from Bankruptcy with Greatly Improved Balance Sheet and Cost Structure; Poised to Deliver Sustainable Free Cash Flow Generation and Shareholder Returns

OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) (the “Company” and together with its wholly owned subsidiaries, “Gulfport”) today announced that it has successfully completed its restructuring process and emerged from chapter 11 protection. As contemplated by Gulfport’s Plan of Reorganization (the “Plan”) that was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on April 28, 2021, Gulfport has exited bankruptcy with a new Board of Directors; a strengthened balance sheet, with $853 million of total debt representing more than $1.2 billion of deleveraging through the Chapter 11 process; and approximately $135 million of liquidity. At emergence, Gulfport’s net-debt-to-EBITDA is approximately 1.5x. Please refer to Gulfport’s emergence presentation for more details which will be provided in a Form 8-K and can also be found on the Company’s Investor Relations site: https://ir.gulfportenergy.com.

New Board of Directors and Leadership Team

In accordance with the Plan, the Company has appointed a new Board of Directors effective immediately. The Board is comprised of five new directors who are experienced industry professionals: Timothy J. Cutt (Chairman), David Wolf (Lead Independent Director), Guillermo “Bill” Martinez, Jason Martinez and David Reganato. Biographies for the directors can be found on the Company’s website at: https://www.gulfportenergy.com/about/board-of-directors.

The Company also announced the retirement of David M. Wood, the Company’s President and Chief Executive Officer effective immediately. Additionally, Quentin Hicks, Gulfport’s Chief Financial Officer, has resigned effective immediately to pursue other opportunities. The Board has appointed Chairman Timothy J. Cutt as Interim Chief Executive Officer and William “Bill” J. Buese as Chief Financial Officer. Mr. Cutt will serve in the interim position at least through year end 2021 and the Board will conduct a search for a permanent CEO at the appropriate time.

Message from Timothy J. Cutt, Chairman and Interim Chief Executive Officer

“We want to thank Dave, Quentin and the departing Gulfport Board for their leadership through a complex and challenging Chapter 11 process. Gulfport is emerging from its successful restructuring having materially improved its balance sheet and midstream cost structure, which leaves Gulfport well-positioned for future success. Today, we begin a new chapter at Gulfport with a strategy focused on continuing to reduce costs and generating sustainable free cash flow in an effort to drive shareholder value. In addition, we are committed to an emphasized focus on sustainability, and Gulfport will continue to prioritize safety, environmental stewardship, and maintaining strong relationships with the communities in which we operate.”

“I also want to thank the entire Gulfport workforce for their hard work and commitment to the Company and each other through the restructuring process.”

Listing on the NYSE

Gulfport’s new common shares will be listed on the NYSE under the ticker symbol "GPOR" and is expected to commence trading on May 18, 2021.

Details of the restructuring, the securities issued pursuant to the Plan and the debt and other agreements entered into as part of the Plan will be provided in a Form 8-K which can be viewed on the Company's website or the Securities and Exchange Commission's website at www.sec.gov.

Advisors

Kirkland & Ellis LLP and Jackson Walker L.L.P. served as legal co-counsel, Perella Weinberg Partners and its affiliate, Tudor Pickering Holt & Co. served as financial advisors, and Alvarez & Marsal served as restructuring advisor to the Company.

Additional Information

Additional information regarding the securities issued pursuant to the Plan, debt and other agreements entered into as part of the Plan has also been provided in a Form 8-K, which can be viewed on the Company’s website or the Securities and Exchange Commission’s website at www.sec.gov. Additional information regarding the Company’s restructuring is available at www.gulfportenergy.com/restructuring. Court filings are available at https://dm.epiq11.com/Gulfport. Questions should be directed to the Company’s claims agent by email to This email address is being protected from spambots. You need JavaScript enabled to view it. or by phone at (888) 905-0409 (toll free) or +1 (503) 597-7687 (international).

About Gulfport

Gulfport Energy is an independent returns-oriented, gas-weighted, exploration and development company and is one of the largest producers of natural gas in the contiguous United States. Headquartered in Oklahoma City, Gulfport holds significant acreage positions in the Utica Shale of Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in Oklahoma.

Forward-Looking Statements

This press release includes “forward-looking statements” for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact. They include statements regarding: (i) the effect of the chapter 11 reorganization and sufficiency of the financing package; (ii) Gulfport’s ability to continue implementing operating efficiencies and technical developments; and (iii) Gulfport’s ability to capitalize on the reorganization and emerge as a stronger and more competitive enterprise. Although Gulfport believes the expectations and forecasts reflected in the forward-looking statements are reasonable, Gulfport can give no assurance they will prove to have been correct. They can be affected by inaccurate or changed assumptions or by known or unknown risks and uncertainties. Important risks, assumptions and other important factors that could cause future results to differ materially from those expressed in the forward-looking statements are described under "Risk Factors" in Item 1A of Gulfport’s annual report on Form 10-K for the year ended December 31, 2020 and any updates to those factors set forth in Gulfport's subsequent quarterly reports on Form 10-Q or current reports on Form 8-K (available at https://ir.gulfportenergy.com/all-sec-filings). Gulfport undertakes no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.

Non-GAAP Financial Measures

EBITDA is a non-GAAP financial measure equal to net income, the most directly comparable GAAP financial measure, plus interest expense, income tax expense, accretion expense, depreciation, depletion and amortization and impairment of oil and gas properties. Adjusted EBITDA is a non-GAAP financial measure equal to EBITDA less non-cash derivative loss rig terminations fees, gain on debt extinguishment, non-recurring general and administrative expenses and loss from equity method investments cash flow from operating activities before changes in operating assets and liabilities is a non-GAAP financial measure equal to cash provided by operating activity before changes in operating assets and liabilities and inclusive of capitalized expenses incurred during the given period. Free cash flow is a non-GAAP measure defined as cash flow from operating activities before changes in operating assets and liabilities (as defined above) less capital expenditures incurred. Adjusted net income is a non-GAAP financial measure equal to pre-tax net income less non cash derivative loss, impairment of oil and gas properties, rig terminations fees, gain on debt extinguishment and loss from equity method investments. Gulfport has presented EBITDA, adjusted EBITDA, adjusted net income, cash flow from operating activities before changes in operating assets and liabilities and free cash flow because it uses these measures as an integral part of its internal reporting to evaluate its performance and the performance of its senior management. These measures are considered important indicators of the operational strength of Gulfport's business and eliminate the uneven effect of considerable amounts of non-cash depletion, depreciation of tangible assets and amortization of certain intangible assets. A limitation of these measures, however, is that they do not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues in Gulfport’s business. Management evaluates the costs of such tangible and intangible assets and the impact of related impairments through other financial measures, such as capital expenditures, investment spending and return on capital. Therefore, Gulfport believes that these measures provide useful information to its investors regarding its performance and overall results of operations. EBITDA, adjusted EBITDA, adjusted net income, cash flow from operating activities before changes in operating assets and liabilities and free cash flow are not intended to be performance measures that should be regarded as an alternative to, or more meaningful than, either net income as an indicator of operating performance or to cash flows from operating activities as a measure of liquidity. In addition, EBITDA, adjusted EBITDA, adjusted net income and cash flow from operating activities before changes in operating assets and liabilities are not intended to represent funds available for dividends, reinvestment or other discretionary uses, and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. The EBITDA, adjusted EBITDA, adjusted net income, cash flow from operating activities before changes in operating assets and liabilities and free cash flow presented in this press release may not be comparable to similarly titled measures presented by other companies, and may not be identical to corresponding measures used in Gulfport's various agreements.

Investor Contact
Jessica Antle – Director, Investor Relations
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405-252-4550

Media Contact
Reevemark
Hugh Burns / Paul Caminiti / Nicholas Leasure
212-433-4600

HOUSTON--(BUSINESS WIRE)--P97, a leader in cloud-based mobile commerce, together with Petro-Canada, a Suncor business, delivers new customer experiences with Pay at the Pump and EV Charging functionality through the Petro-Canada and Petro-Canada EV Apps. Each App delivers a valuable service for its consumers in their digital journey.

Built on P97’s mobile commerce platform, the retail fueling app helps customers locate and navigate to nearby Petro-Canada sites, pay for fuel, and receive and redeem Petro-Points, Petro-Canada’s proprietary loyalty program. It also offers its customers enhanced security, efficiency, and value, improving the customer purchase experience at the pump.

The P97 platform eases the purchase process for consumers while increasing sales opportunities, building brand loyalty, and lowering transaction costs. The P97 mobile commerce platform is PCI DSS and SOC 2 Type II compliant, utilizing Microsoft Azure^® Cloud Services with multifactor authentication to protect sensitive cardholder data.

To streamline the mobile payment strategy, P97 integrates with Petro-Canada’s existing point of sale system provided by Bulloch Technologies. P97’s platform also integrates with Petro-Points, which allows customers to easily earn rewards with every purchase.

“Petro-Canada recognizes the importance of enhancing every step of the customer journey,” Donald Frieden, founder and CEO of P97 said. “We are thrilled to be working with them on their mobile payments and digital marketing initiative and look forward to extending our partnership to other channels, like connected car.”

Spanning from Halifax, NS to Victoria, BC, Petro-Canada EV fast chargers are located every 250 km or less, in close proximity to the TransCanada Highway. Each station is connected to the Petro-Canada EV App which allows users to begin, end and monitor their charge. More about that announcement here.

To learn more about the P97 mobile commerce platform, visit www.P97.com.

About P97

P97 Networks provides secure, cloud-based mobile commerce, in-vehicle payments, and digital marketing solutions for the convenience retail, fuel, and vehicle manufacturing industries under the brand name PetroZone®. P97’s mCommerce solutions enhance the ability to attract, engage, and retain customers by securely connecting millions of individual mobile phones and connected cars with merchants using identity, geolocation-based software that creates a unique mobile consumer experience. For more information, follow us on Twitter @p97networks or visit www.p97.com.

P97 Press Contact
Tracy DeJarnett
P97 Networks, Inc.
713-294-9888
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Mr. Matheson brings decades of experience in advocating, supporting and leading clean energy initiatives, innovation and investments across the globe

BURLINGTON, Mass.--(BUSINESS WIRE)--FirstLight Power, a leading clean power producer and energy storage company, today announced that Jim Matheson has joined the company’s Board of Directors. Mr. Matheson is on the faculty at The Harvard Business School where he teaches courses at the intersection of innovation, finance and sustainability, and is an Affiliate of the Business & Environment Initiative. He is also a Special Advisor to both The Engine at MIT and Breakthrough Energy Ventures, and serves as a Director and Advisor to several climate and sustainability focused companies.

“Jim is a highly respected clean energy leader with a wealth of knowledge and a proven track record of bringing new clean technology to market,” said Alicia Barton, CEO of FirstLight. “Jim’s background and values align directly with FirstLight’s mission to accelerate the decarbonization of the electric grid and dedication to creating new market-leading solutions to stay ahead of unprecedented changes in the energy industry. We greatly admire Jim’s deep commitment to sustainability innovation across the critical realms of technology, finance and policy.”

Previously, as a General Partner at Flagship Pioneering, Mr. Matheson spearheaded the venture capital firm’s sustainability practice and was involved in founding, investing in and growing numerous innovative ventures. He also served as President and CEO of Oasys Water, which developed and deployed best-in-class large-scale water treatment solutions for energy and natural resource customers around the world. Before embarking on his second career in sustainable technology investing and entrepreneurship, Mr. Matheson was a decorated Navy F-14 and FA-18 pilot and TOPGUN Instructor. He retired in 2008 as a Commander in the U.S. Naval Reserves and earned his BS from the United States Naval Academy and his MBA from The Harvard Business School.

“With decades of experience across the clean energy sector, Jim’s passion and support for combating climate change will bring invaluable contributions to FirstLight,” said Stephan Rupert, Board Chair of FirstLight. “He has a deep devotion to advising organizations in their mission to solve the world’s most important challenges – especially climate change. Jim’s experience will build upon FirstLight’s goal of ensuring reliable power that will reduce regional greenhouse gas emissions for a cleaner, more sustainable future.”

FirstLight is working to enable the conversion to a clean energy future faster by delivering clean, locally made hydropower, and by leveraging large-scale storage facilities such as Northfield Mountain to integrate renewable energy and store it for times when it is needed. FirstLight is building on a strong legacy of environmental stewardship and clean energy leadership to help lead the drive to a more sustainable future in the years ahead.

ABOUT FIRSTLIGHT POWER

FirstLight Power (FirstLight) is a leading clean power producer and energy storage company in New England with a portfolio that includes nearly 1,400 megawatts of pumped-hydro storage, battery storage, hydroelectric generation, and solar generation – the largest clean energy generation portfolio in New England today. Based in Burlington, MA, with operating offices in Northfield, MA and New Milford, CT, FirstLight provides stewardship of and recreational access to 14,000 acres of land and waters along the Connecticut, Housatonic, Shetucket, Still, and Quinebaug Rivers. To learn more, visit www.firstlightpower.com.

Len Greene, Director of Government Affairs & Communications
Office: 413-659-4426, Cell: 860-795-4310

Travis Small, Slowey McManus Communications
Cell: 617-538-9041, Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

~Greenlane to supply biogas upgrading system for a new landfill project in the midwest U.S.~

VANCOUVER, British Columbia--(BUSINESS WIRE)--$GRN #ESG--Greenlane Renewables Inc. (“Greenlane”) (TSX: GRN / FSE: 52G) is pleased to announce that its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has signed a contract valued at approximately $9.8 million (US$8.1 million) for supply of equipment for a new renewable natural gas (“RNG”) project in the midwest United States. This project will utilize Greenlane’s pressure swing adsorption (“PSA”) biogas upgrading system. Engineering work will begin immediately with a notice to proceed from the customer on equipment supply expected in the third quarter of 2021.

The contract is for a large landfill gas-to-RNG project. Greenlane will supply its two-stage PSA system to upgrade the landfill gas to pipeline-specification RNG for direct injection into the local natural gas grid.

“This is an important contract win for Greenlane, highlighting our expertise, experience and proven track record in landfill gas-to-RNG projects,” said Brad Douville, President & CEO of Greenlane. “Our sales backlog continues to expand as we successfully convert sales opportunities into revenue-generating projects and is indicative of the health and strong growth trajectory of the RNG industry.”

About Greenlane Renewables

Greenlane Renewables is a leading global provider of biogas upgrading systems that are helping decarbonize natural gas. Our systems produce clean, low-carbon and carbon-negative renewable natural gas from organic waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. Greenlane is the only biogas upgrading company offering the three main technologies: waterwash, pressure swing adsorption, and membrane separation. With over 30 years industry experience, patented proprietary technology, and over 125 biogas upgrading systems sold into 19 countries worldwide, including the world’s largest biogas upgrading facility, Greenlane is inspired by a commitment to helping waste producers, gas utilities or project developers turn a low-value product into a high-value low-carbon renewable resource. For further information, please visit www.greenlanerenewables.com.

FORWARD LOOKING INFORMATION – This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as “may”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen. In particular, this news release contains forward-looking statements relating to the anticipated supply of biogas equipment for the contracted project, the fact that engineering work will begin immediately, that the customer will issue a notice to proceed in the third quarter of 2021, that the Company’s sale’s backlog will continue to expand, that sales opportunities will convert into revenue-generating projects and that the Company’s sales backlog is indicative of the health and strong growth trajectory of the RNG industry. The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including management's perceptions of future growth and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond the Company’s control, could cause actual results to differ materially from the forward-looking information in this press release. Such factors include, without limitation, risks identified in the Company's annual information form, which has been filed under the Company's SEDAR profile at www.sedar.com. Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

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

PARIS--(BUSINESS WIRE)--CHRYSO, a leading player in the development of sustainable solutions in the construction industry, launches EnviroMix®, a global range of innovative products and services aimed at reducing and controlling the carbon footprint of concrete, dedicated to the ready-mix and precast concrete industries.

“The construction industry is accelerating its transformation to manage and reduce the environmental impact of its carbon footprint. CO₂ footprint is a major challenge in the development of concrete formulations, coupled with the traditional properties of this material, and at the heart of our construction techniques (classes of strength and durability, workability, setting time, etc.)", states Frédéric Guimbal, Director of Concrete BU.

In order to pick up the pace of this low-carbon transition in the construction industry, the new range of tailor-made admixtures CHRYSO®EnviroMix combines technical performance and carbon footprint reduction.
CHRYSO®EnviroMix delivers a reduction in CO₂ emissions of up to 50% and CHRYSO®EnviroMix ULC (Ultra Low-Carbon) provides superior levels of performance as well as reduction of more than 50% in the carbon footprint. Products adapted to the specific performance requirements of ready-mixed concrete and precast applications will be deployed to support customers in the evolution of construction methods.

Customers can benefit from dedicated services such as EnviroMix®Impact, which allows the environmental impact calculation of a concrete mix design and to set up a formulation strategy adapted to their target. CHRYSO also offers a digital solution for real-time monitoring of CHRYSO®Maturix concretes. This solution allows the optimization of the rise in compressive strength at early age in the precast plant or on site.

Over the past 15 years, CHRYSO has bolstered its expertise in the field of low carbon impact concrete admixtures. Backed by a highly innovative technological portfolio, CHRYSO also benefits from specific know-how adapted to the chemistry of new low-carbon cements via its cement additives activity. CHRYSO solutions dedicated to this low carbon transformation are based on multiple scientific collaborations and industrial partnerships that reinforce the knowledge of these new binders, including geopolymers and Calcined Clay Cements (LC³).

"With this new comprehensive EnviroMix® product range, CHRYSO is creating new development levers for the construction industry by delivering solutions to produce the cements of tomorrow. It also offers the control of concrete admixtures using new binders, the formulation and real-time monitoring of low-carbon concretes on building sites while providing an accurate measurement of their CO₂ impact. CHRYSO is supporting industry stakeholders in this low carbon revolution" declares Frédéric Guimbal, Concrete BU Director.

About CHRYSO: https://www.chryso.com/about-us/

Contact RP:
Elodie Pujo Saulnier
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Tel.: 06 33 97 20 80

New LED series is CCT selectable between 4000K and 5000K and offers a lumen range from 9,000 to 18,000 lumens

NORTON SHORES, Mich.--(BUSINESS WIRE)--EarthTronics, dedicated to developing innovative energy-saving lighting products that provide a positive economic and environmental impact, introduces its new LED line of high lumen HID replacement lamps that are CCT selectable for 4000K and 5000K with full radial illumination for internal and external locations.

Providing 150 lumens per watt on an EX39 base, the new HID replacement line from EarthTronics includes 60-, 80-, 100-, and 120-watt LEDs delivering a high-efficient 9000, 12000, 15000 and 18000 lumens respectively. The LEDs have an 80+ CRI and are color selectable. Each of the lamps can be easily switched between 4000K and 5000K during installation. The LEDs are easy to install by simply removing the ballast from the circuit and wiring direct to the lamp socket. Operates on 120/277VAC.

The full radial illumination LEDs are ideal for exterior wall packs, yard lights, post lights, parking lot shoe box fixtures and other site and security applications. Interior applications include parking garage fixtures and highbay warehouse fixtures applications.

The new LED line of high lumen HID replacement lamps from EarthTronics will perform in temperatures from -40°F to 113°F. UL approved for enclosed applications and IP64 rated for damp locations, the LEDs are rated for 50,000 and come with a five-year warranty. For more information about the new EarthTronics LED line of high lumen H.I.D replacement lamps, visit https://www.earthtronics.com/hid-5-18/

About EarthTronics
Dedicated to creating a positive impact for the environment, businesses and consumers, EarthTronics, Inc. is an LED energy efficient solutions company based in Norton Shores, Michigan. EarthTronics offers high-performance EarthBulb LED light bulbs, T8 and T5 linear LEDs, and LED fixtures that are designed for commercial buildings, hotels, restaurants, retail stores and residential homes. All EarthTronics LED products provide energy savings with a solid return on investment for energy retrofits, renovation projects and new construction. More information can be found at www.earthtronics.com.

Brian Bloom
Falls
216-472-4033
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HOUSTON--(BUSINESS WIRE)--BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the “Trust”) (NYSE:SJT), today declared a monthly cash distribution to the holders of its Units of beneficial interest (the “Unit Holders”) of $1,880,140.70 or $0.040339 per Unit, based primarily upon estimated production during the month of March 2021, subject to certain adjustments by the owner of the Trust’s subject interests, Hilcorp San Juan L.P. (Hilcorp”), for prior months. The distribution is payable June 14, 2021, to Unit Holders of record as of May 28, 2021.

Based upon information provided to the Trust by Hilcorp, gas production for the subject interests totaled 2,617,042 Mcf (2,907,824 MMBtu) for March 2021, as compared to 2,401,460 Mcf (2,668,289 MMBtu) for February 2021. Dividing revenues by production volume yielded an average gas price for March 2021 of $2.07 per Mcf ($1.86 per MMBtu), as compared to an average gas price for February 2021 of $4.67 per Mcf ($4.20 per MMBtu).

Hilcorp informed the Trust that due to Hilcorp’s transition to a new accounting system, the March 2021 reporting month is based on estimated production, estimated prices and estimated costs.

Hilcorp also reported that for the reporting month of March 2021, revenue included an estimated $100,000 for non-operated revenue. For the month ended March 2021, Hilcorp reported to the Trust capital costs of $64,225, lease operating expenses and property taxes of $2,061,485, and severance taxes of $1,026,287.

Except for historical information contained in this news release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements generally are accompanied by words such as “estimates,” “anticipates,” “could,” “plan,” or other words that convey the uncertainty of future events or outcomes. Forward-looking statements and the business prospects of San Juan Basin Royalty Trust are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, certain information provided to the Trust by Hilcorp, volatility of oil and gas prices, governmental regulation or action, litigation, and uncertainties about estimates of reserves. These and other risks are described in the Trust’s reports and other filings with the Securities and Exchange Commission.

Joshua R. Peterson, Head of Trust Real Assets & Mineral Resources
and Senior Vice President
Kaye Wilke, Investor Relations, toll-free: (866) 809-4553

Paul Reig, former World Resources Institute director, brings longtime experience to water solutions startup

HERNDON, Va.--(BUSINESS WIRE)--#cleanwater--Paul Reig – an international leader in water risk and corporate water stewardship – has launched water solutions startup Bluerisk.

Bluerisk helps companies enhance resilience, reduce risk, and sustain business growth in the face of current and future water challenges. Bluerisk provides practical, simple and actionable solutions, with a focus on contextual water target setting, implementation guidance, and digital solutions to measure the impact of water-related projects.

Reig is joined by other international water experts including Bluerisk advisors Upmanu Lall, Director of the Columbia Water Center at Columbia University, and Ross Hamilton, board member of the Global Water Partnership and senior advisor to the UN Global Compact CEO Water Mandate.

“Water crises continue to rank as a top global risk and are a growing concern to companies,” Lall said. “Much of the corporate focus to date has been on understanding and disclosing water risk. Bluerisk helps companies and investors go beyond understanding to meaningfully address risk.”

A thought leader, innovator, and promoter of corporate water stewardship, Reig spent nine years at the World Resources Institute (WRI), where he led the development of the Aqueduct Water Risk Atlas and founded WRI’s Corporate Water Stewardship practice.

During his tenure at WRI Reig advised over 40 of the world’s largest companies on a range of innovative solutions to identify and understand water risk.

“Paul is highly experienced in helping companies and investors respond successfully to water-related risks,” said Emilio Tenuta, Chief Sustainability Officer at international water leader ECOLAB. “He has helped many companies implement new and effective contextual water targets. He is perfectly positioned to lead Bluerisk as it helps companies meet and overcome emerging water challenges.”

Bluerisk clients include high-profile multinational organizations including BHP, The Coca-Cola Company, Nestle Waters, Danone, ECOLAB, UN Global Compact CEO Water Mandate, and international ESG investor network Ceres.

Bluerisk offers advisory services and digital solutions to enhance resilience and reduce risk in the face of emerging water challenges. Bluerisk’s target setting, and implementation guidance employs leading best practice to help investors and companies respond to current and future risks through individual and collective actions, estimate their economic, environmental and social ROI and drive positive watershed outcomes. Digital solutions enable innovative approaches to provide asset-specific, real-time estimates of value at risk and probability of water supply and business disruptions across industrial and agricultural value chains. Bluerisk also partnered with Silicon Valley water startup Aqaix to offer solution portfolio management services to help finance, measure, and communicate the impact of water-related projects.

Paul Reig
Founder, Bluerisk
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https://blueriskintel.com/