MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE:INT) invites you to participate in a conference call with its management team on Thursday, February 23, 2023 at 5:00PM Eastern Time to discuss the Company’s fourth quarter and full year results, as well as certain forward-looking information. The Company plans to release its fourth quarter and full year results after the market closes on the same date.
To listen to the conference call by phone, participants must pre-register at the Company's website at: https://ir.wfscorp.com/events. All registrants will receive dial-in information and a PIN allowing access to the live conference call.
The conference call will also be available via live webcast. The live webcast may be accessed by visiting the Company’s website at https://ir.wfscorp.com/events. An archive of the webcast will be available on the Company’s website two hours after the completion of the live call and will remain available until March 9, 2023.
About World Fuel Services Corporation
Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers, principally in the aviation, marine and land transportation industries. World Fuel Services also offers natural gas and electricity, as well as energy advisory services, including programs for sustainability solutions and renewable energy alternatives. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.
For more information, visit www.wfscorp.com.
Ira M. Birns
Executive Vice President & Chief Financial Officer
or
Glenn Klevitz, Vice President, Treasurer & Investor Relations
(305) 428-8000
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Chevron will use the platform’s data-driven insights to facilitate more efficient and sustainable operations as the company pursues its decarbonization goals
HOUSTON--(BUSINESS WIRE)--ABS Wavesight™, an ABS-affiliated company, has been selected to provide greenhouse gas (GHG) and Sea Cargo Charter reporting services to Chevron Shipping Company (CSC). ABS My Digital Fleet™ (MDF), ABS Wavesight’s flagship platform, will be used to improve CSC’s emissions reporting practices as it pursues lower carbon operations.
CSC plans to use ABS Wavesight to streamline and consolidate existing GHG data collection practices and systems by creating a single repository to use in meeting the International Maritime Organization, European Union, Sea Cargo Charter, and other reporting requirements. MDF’s ability to provide robust data collection, validation and verification will also allow CSC to make more informed, data-based, technical, operational, and commercial decisions.
“The maritime industry is at a critical stage where access to real-time insights that can drive sustainable operations and reduce operational risks is essential,” said Paul Sells, President and CEO of ABS Wavesight. “Chevron’s decision to partner with ABS Wavesight speaks volumes about the company’s commitment to meeting global decarbonization goals and setting a standard for operational excellence. We look forward to working closely with Chevron to make an impact and set the tone for shipping’s next era.”
“Data plays a powerful role in fulfilling our commitment to helping the maritime industry reach its decarbonization goals,” said Mark Ross, President, Chevron Shipping Company. “We know that in order to reach our lower carbon goals and objectives, partnerships and new industry data practices will be required.”
ABS MDF seamlessly integrates data to provide real-time insights that facilitate risk management and drive sustainable operations within the maritime and offshore sectors. Key benefits of MDF include optimizing voyage performance, capitalizing fuel-saving opportunities, improving asset risk management, and benchmarking capabilities. MDF leverages connected devices to make real-time data available on a unified platform, further improving communication and efficiency across organizations.
For more information about ABS Wavesight and ABS My Digital Fleet, visit the ABS Wavesight website.
About ABS Wavesight
ABS Wavesight™, an ABS-affiliated company, is a global leader in the maritime technology industry pushing to decarbonize operations at sea through digitalization. Through its industry-leading My Digital Fleet™ and Nautical Systems platforms, ABS Wavesight provides maritime clients innovative fleet management software to improve the reliability and performance of their shipping operations. ABS Wavesight’s portfolio is comprised of best-in-class proprietary technology and third-party integrations that offer unparalleled insight into every aspect of a fleet’s operations.
For more information, contact ABS Wavesight Media Relations: This email address is being protected from spambots. You need JavaScript enabled to view it.
Centre reinforces Blackline’s commitment to customer care, distribution partners in key European markets
LILLE, France--(BUSINESS WIRE)--$BLN #TSX--Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced the launch of its first European Union (EU)-based service centre.
As Blackline has achieved 118% revenue growth over the last two years in Europe, the service centre is designed to meet heightened customer demand across the region. The facility occupies a dedicated area within Blackline’s French site, strategically located in the industrial heart of north-eastern France near Lille, and is staffed by an established in-house team of technical and product specialists. Blackline will provide local customer service and offer rentals for Europe out of the centre.
“With an expanding customer base across Europe, Blackline recognises the need for dedicated regional support in the EU,” said Simon Rich, Sales Director, Blackline Safety Europe. “Our connected safety wearables and area gas monitors offer a high degree of configurability for a variety of job functions and situations, as well as over-the-air firmware updates which can significantly reduce downtime, and the cost and complexity of fleet management. The ability to offer hands-on service and device maintenance on the continent should the need for service or repair arise, is key to keeping those devices out in the field where they belong, for the maximum possible time.”
The launch coincides with successful quality and environmental audits of Blackline Safety Europe’s existing ISO 9001 Quality Management and ISO 14001 Environmental Management standards in both its flagship facility in Colchester, United Kingdom and French office, demonstrating the company’s continued commitment to operating sustainably and delivering top quality products and systems.
The new service centre will also support Blackline Safety’s rental offering in Europe, starting in late spring. Already established in North America, Blackline offers rental options for its complete portfolio of connected personal gas detectors, area monitors, lone worker wearables and accessories – all of which include Blackline Live online reporting and analytics software. Understanding the unpredictability of work and importance of staying on budget, Blackline’s rental programme is designed to offer users full flexibility, taking a consultative approach to ensure a well-planned and customised safety solution that provides maximum protection for every project.
About Blackline Safety
Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline Safety enables companies to drive towards zero safety incidents and improved operational performance. Blackline Safety provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and enhance overall productivity for organisations with coverage in more than 100 countries. Armed with cellular and satellite connectivity, Blackline Safety provides a lifeline to tens of thousands of people, having reported over 200 billion data-points and initiated over five million emergency alerts. For more information, visit BlacklineSafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.
MEDIA CONTACT:
Blackline Safety Europe
Trina Murray-Hundley
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Phone: +44 7894 995 772
The solar installation will be developed on a local closed municipal landfill and deliver approximately $1 million in revenue
FRAMINGHAM, Mass. & ALTON, Ill.--(BUSINESS WIRE)--#carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its partnership with the City of Alton, Illinois to develop and install a 5 megawatt AC (MWAC)/7 megawatt DC (MWDC) solar array. The solar installation will be developed on a local closed municipal landfill site in the city.
Over the life of the project, this solar installation is designed to deliver approximately $1 million in revenue to the City of Alton and surrounding local businesses. The renewable energy generated from the site will also help offset greenhouse gas emissions from conventional utility generation. In just the first year alone, the project is expected to generate approximately 10,000 MWh of electricity, reducing the city’s carbon footprint by over 7,000 tons. Over the 30-year lifespan of the solar array, this equates to about 278,000 MWh of energy generation and 197,000 metric tons of carbon emission reduction.
“Greenhouse gas emissions contribute to global warming, directly impacting communities through adverse weather events – including the increased flooding we’ve experienced here in Alton. Though global warming is a worldwide problem, this project will benefit our city through local job creation and increased property tax revenue while also reducing greenhouse gas emissions,” said Alton Mayor David Goins. “Facilitating this solar installation represents a significant step forward for the City as we continue our progress toward sustainable solutions in coordination with the Alton Cool Cities Committee.”
Ameresco and the City of Alton also plan to install a self-guided, instructional display near the array to inform visitors about the project and provide them with an opportunity to learn more about the associated benefits of clean energy. The completion of this project will enable Alton to make forward progress toward the clean energy transition goals laid out in the Illinois Climate and Equitable Jobs Act (CEJA). CEJA sets a target to get Illinois to 40% renewable energy by 2030 and 50% renewable energy by 2040.
“Once completed, this solar array is expected to provide the City of Alton with substantial revenue from clean energy generation while also making beneficial use of a previously un-usable brownfield site,” said Jon Mancini, Senior Vice President of Solar Project Development at Ameresco. “We’re honored to have been selected as partners on this project, and look forward to installing a state-of-the-art solar array designed to provide a great benefit to the local community through meaningful progress toward meeting the city’s clean energy goals.”
Construction is slated to begin in the spring of 2023 and is expected to reach completion by the end of the year.
To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and Europe. For more information, visit www.ameresco.com.
About City of Alton, Illinois
Founded in 1837, Alton is a community rich in history and character with a lot to offer. Located on the Mississippi River 25 miles north of St. Louis, Missouri, the City boasts beautiful parks, a wonderful school district, tourist attractions, and community events to interest everyone. Alton’s charm and diverse resources make it a great place to live, work, and play. The City’s 28,000 residents benefit from a cost of living below the national average and the protection of the Alton Police and Fire Departments.
The announcement of Ameresco’s award of a renewable energy asset project is not necessarily indicative of the timing or amount of revenue from the energy asset, of the company’s overall revenue for any particular period or of trends in the company’s overall total assets in development or operation. The City of Alton site was not included in our previously reported operating assets in development as of September 30, 2022.
Media:
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.
DeltaTek’s cementing technologies expand client offering
HOUSTON--(BUSINESS WIRE)--$XPRO #XPRO--Energy services provider, Expro (NYSE: XPRO), today announced the acquisition of well construction cementing specialists DeltaTek Global (“DeltaTek”).
The acquisition allows Expro to broaden its offering, capabilities, and technology portfolio within the well construction cementing sector, while accelerating DeltaTek’s international deployment ambitions through Expro’s global footprint.
Expro’s Chief Technology Officer Steve Russell said: “This is an exciting transaction for Expro that we believe will deliver real value to our combined customer base. The DeltaTek range of low-risk open water cementing solutions increases clients’ operational efficiency, delivers rig time and cost savings, and improves the quality of cementing operations for our clients.
“Today’s announcement expands our well construction cementing capabilities through DeltaTek’s open water cementing systems and techniques. These strengths, technologies and ambitions complement Expro and we are delighted to welcome the DeltaTek team to the Expro family.”
Aberdeen based DeltaTek has an experienced leadership team focused on developing and deploying cementing technologies to the offshore market, with operations across the UK, Norway, the Gulf of Mexico, West Africa and Asia Pacific.
Commenting on the acquisition, Tristam Horn, CEO and founder, said: “The team and I are delighted to announce this milestone for DeltaTek. To join Expro, a leader in the industry, is a monumental moment for the company, our existing clients, and the wider industry as we continue to innovate and grow the Cure and ArticuLock portfolios to directly address well construction challenges. With Expro’s global footprint and strong customer base, we expect to deliver our technology to all operators across the entire well construction market through existing Expro channels, simplifying the global adoption of our value-adding services for our customers.”
NOTES TO EDITORS:
About Expro
Working for clients across the well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company believes to be best-in-class safety and service quality. The Company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.
With roots dating to 1938, Expro has approximately 7,600 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in approximately 60 countries.
For more information, please visit: expro.com and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.
About DeltaTek
With advanced downhole technologies, DeltaTek’s mission is simple: to deliver ultimate cement placement. Founded in 2015, and with a team of 15, DeltaTek has developed technologies which are deployable to all well construction projects, for subsea, platform or land cementing operations.
This year the team is a finalist in the Innovator, Exceptional Impact Company – SME and Young Professional categories of the 2023 Offshore Achievement Awards as well as a finalist in the Innovation category at the Northern Star Awards and ranked in the Elite Business 100 Awards.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release, and oral statements made from time to time by representatives of the Company, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the success of the DeltaTek acquisition, and the Company’s environmental, social and governance goals, targets and initiatives, and are indicated by words or phrases such as "anticipate," "outlook," "estimate," "expect," "project," "believe," "envision," "goal," "target," "can," "will," and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond our control. The factors that could cause actual results, performance or achievements to materially differ include, among others the risk factors identified in the Company’s Annual Report on Form 10-K, Form 10-Q and Form 8-K reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, historical practice, or otherwise.
Expro: Kay Drummond This email address is being protected from spambots. You need JavaScript enabled to view it.
Fifth Ring for Expro: Andy Groundwater This email address is being protected from spambots. You need JavaScript enabled to view it. +44 1224 628088
DeltaTek: Leigh-Ann Rogie +44 1224 623960; This email address is being protected from spambots. You need JavaScript enabled to view it.; or Annabel Sall +44 1224 623960 / 07775 868580; This email address is being protected from spambots. You need JavaScript enabled to view it.
MIAMI--(BUSINESS WIRE)--#AllcargoGroup--ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary, today announced that it has appointed Jitesh Shetty as Global Head of ECU 360 effective immediately.
Jitesh will spearhead major strategy and technical shifts for the company’s digital platform, and to exponentially scale ECU 360 by building a world class ecosystem and platform business. In this role he will work closely with startups and digital 3PL companies like Stord to strategically grow the business as well as add niche tech expertise. He brings over decades of entrepreneurial experience, especially in Silicon Valley by founding large scale digital businesses and leading teams at renowned tech companies like Google and Yahoo. In this role he will report to Vaishnav Shetty, Chief Digital Officer of the Allcargo Group.
Jitesh is a prominent Silicon Valley technology entrepreneur and venture investor with deep experience in the tech ecosystems across the San Francisco Bay Area. In 2012 He founded Qwiklabs Inc in Boston, an early innovator in cloud computing and built a large software as a service business with marquee enterprise customers like Amazon, Nvidia, Global Knowledge and RedHat storage. Qwiklabs was acquired by Google in 2016 and he quickly scaled the team, product, and business. Jitesh is also co-founder of InfiniChains, an enterprise blockchain company and MR Access, an AI first MRI company.
Prior to founding Qwiklabs, Jitesh worked at Yahoo Inc where he led a global engineering and product management team. Jitesh is also an investor in over 17 early stage companies across emerging technologies: cloud computing, AI and supply chain. He holds a master’s degree in computer science from the University of Southern California and has several US patent grants in the core cloud computing space. Jitesh initially joined the board of ECU WW in August 2021 and sits on the board of several global companies.
“ECU Worldwide is one of those unique companies that has attained unmatched tech capability in the legacy sector of logistics and I am honored to have been chosen to lead the company and grow its digital platform as well as work with innovative startups to further scale the platform business,” said Jitesh Shetty, Global Head of ECU 360. “The opportunity ahead for ECU Worldwide is huge, and to seize it, we must step up and continue to transform and disrupt ourselves. A key part of my job is to bring innovative products to markets and customers more quickly.”
“Jitesh’s leadership experience in the technology space including innovative emerging technology as well as his invaluable entrepreneurial experience in Silicon Valley is what we were looking at to drive the next level of growth for our digital platform. His experience in the Silicon Valley with startups and investors will help us drive tremendous platform and service innovation as well as engage with startups more closely and scale up or work with them across India and globally,” said Tim Tudor, Chief Executive Officer, ECU Worldwide.
Founded in 1987, ECU Worldwide is Allcargo Logistics’ wholly-owned global subsidiary. It is one of the major players in multi-modal transport and global leaders in LCL consolidation ensuring smooth, safe and end-to-end coordination for its customer's cargo. ECU Worldwide leverages its synergies and knowledge of local markets and vast experience in global logistics to deliver the best through its services. The company boasts of 300+ offices in 160+ countries at 530+ destinations with 2400+ trade lanes converging their international standard expertise with over 3500+ dedicated employees from across continents.
For further information, please contact:
Ms Pooja Sharma
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DUBLIN--(BUSINESS WIRE)--The "Waste Heat to Power: Global Market Outlook" report has been added to ResearchAndMarkets.com's offering.
The report provides an overview of the global waste heat recovery systems market and analyses market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Market values have been estimated based on the economic benefits realized in $ millions of waste heat recovery systems providers.
The report covers the market for the user base, across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape.
The report estimates the global market for waste heat recovery systems in 2021 and provides projections for the expected market size through 2027. The scope of the study includes entire waste heat recovery landscape including associated services and technologies like Steam Rankine Cycle (SRC), Organic Rankine Cycle (ORC), Kalina Cycle etc.
This report considers the impact of COVID-19. In 2020, the growth rate of manufacturing industries around the world was severely affected by the pandemic. The COVID-19 pandemic halted progress in every regional economy. Various governments around the world are taking measures to contain the economic slowdown.
Report Includes
Waste heat recovery is the process of capturing heat discarded by an existing thermal process and using that heat to generate power. Heat recovery technologies frequently reduce the operating costs for facilities by increasing their energy productivity. Energy intensive processes such as those occurring at refineries, steel mills, glass furnaces, and cement kilns all release hot exhaust gases and waste streams that can be harnessed with well-established technologies to generate electricity.
Waste heat comes from a variety of sources, such as heated products leaving industrial operations, hot equipment surfaces, and hot combustion gases released into the atmosphere. Even though some waste heat losses from industrial processes are unavoidable, facilities can minimize these losses by upgrading the effectiveness of their equipment or implementing a waste heat recovery system.
Waste heat recovery comprises capturing and recovering the waste heat in industrial operations to generate mechanical or electrical work. Preheating combustion air, electricity generation, preheating furnace loads, absorption cooling, and space heating are a few examples of uses for waste heat. The major factors driving the waste heat recovery market across the globe include the demand for energy conservation, cohesive government policies, high efficiency, and technological advancement.
Key Topics Covered:
Chapter 1 Market Outlook
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Industry Landscape
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Pricing Analysis
3.4 Macroeconomic Factors of Waste Heat Recovery Market
3.4.1 Impact of the Covid-19 Pandemic
3.4.2 Impact of the Russia-Ukraine War
3.5 Patent Analysis
Chapter 4 Emerging Technologies/Market Opportunities
Chapter 5 Thermal and Biological Waste-To-Energy Management
Chapter 6 Market Breakdown by Application and End-Use
Chapter 7 Market Breakdown by Region
7.1 Global Market for Waste Heat Recovery Systems, by Region
7.2 North America
7.3 Europe
7.4 Asia-Pacific
7.5 Rest of the World
Chapter 8 Competitive Landscape
8.1 Company Market Share Analysis for Waste Heat Recovery Systems
8.1.1 Recent Key Developments
Chapter 9 Company Profiles
Chapter 10 Project Scope and Methodology
For more information about this report visit https://www.researchandmarkets.com/r/pocref-heat-power?w=4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”) announced today a new marine collaboration with a globally renowned energy technology company, offering sustainable solutions across the entire energy value chain.
Advent and its partner will work together to develop a 50kW–500kW marine fuel cell solution for a range of superyachts, which will provide a sustainable and reliable source of auxiliary power and offer improved power density. This marine fuel cell solution is initially expected to be used as a hybrid power source, enabling clean electricity generation instead of using conventional diesel engines and generators for procedures such as anchoring and maneuvering. As part of the agreement, Advent’s partner has placed an initial order for 20 of Advent’s methanol-powered Serene fuel cell systems.
Following the completion of this project, the two parties will explore the potential of developing similar solutions for a wider range of business applications beyond marine, such as industrial power solutions. Earlier this year, Advent’s Serene fuel cells successfully underwent testing and evaluation by the partner’s team of experts and passed the company-wide standardized “Supplier Qualification Process”.
Advent’s line of Serene solutions includes the core SereneU unit, a 4th generation methanol-powered hydrogen fuel cell that can be configured and stacked to meet electricity needs of up to 250kW. The SereneU is based on Advent’s high-temperature proton exchange membrane (“HT-PEM”) that has the advantages of high efficiency and performance in extreme temperatures, low total cost of ownership and reduced start-up time, and, fuel flexibility. Most importantly, Serene fuel cells can provide a significant reduction of emissions over conventional power generation.
Serene fuel cells run on methanol, a clean alternative to fossil fuels that allows simple storage in terms of handling and logistics and enhances the safety of operations. When powered by biomethanol, Serene fuel cells can achieve more than 80% CO2 emissions reduction compared to diesel generators. As the green hydrogen industry continues to develop, Serene fuel cells are expected to yield net-zero emission electricity to ships by running on e-methanol produced from green hydrogen.
Dr. Vasilis Gregoriou, Advent’s Chairman and Chief Executive Officer commented: “We are excited to be collaborating with a global leader in energy technology, aiming to contribute to their goal of creating sustainable and intelligent electrical power distribution solutions for superyachts, which are designed to deliver maximum performance while also being reliable and scalable. We are highly confident in the performance and the quality of our methanol-powered fuel cell products, and we look forward to the successful delivery of the first order and establishing a long and productive collaboration with our new marine partner.”
Dr. Emory De Castro, Advent’s Chief Technology Officer added: “We see an increasing consensus in the market that HT-PEM is ideal for marine applications. Unlike low temperature PEM, HT-PEM works very well with methanol and e-fuels and is a more compact and low-cost solution than solid oxide fuel cell technology which tends to be suitable for power plants.”
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With more than 150 patents issued, pending, and/or licensed for fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions, suitable for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent’s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in Advent’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 31, 2022, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Advent Technologies Holdings, Inc.
Elisabeth Maragoula / Michael Trontzos
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DENVER--(BUSINESS WIRE)--Advanced Energy (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that it will participate at the following investor conferences.
Citi Global Industrial Tech and Mobility Conference in Miami Beach
Date: Tuesday, February 21, 2023
Susquehanna 12th Annual Technology Conference in New York City
Date: Thursday, March 2, 2023
Loop Capital Investor Conference in New York City
Date: Tuesday, March 14, 2023
To participate in these conferences, please contact a representative of those firms.
About Advanced Energy
Advanced Energy Industries, Inc. (Nasdaq: AEIS) is a global leader in the design and manufacture of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. Advanced Energy’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial production, medical and life sciences, data center computing, networking and telecommunications. With engineering know-how and responsive service and support for customers around the globe, the company builds collaborative partnerships to meet technology advances, propels growth of its customers and innovates the future of power. Advanced Energy has devoted four decades to perfecting power. It is headquartered in Denver, Colorado, USA.
For more information, visit www.advancedenergy.com.
Advanced Energy | Precision. Power. Performance. Trust.
Andrew Huang
Advanced Energy Industries, Inc.
970-407-6555
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Solar Applications Specialist Will White to bolster Fluke’s solar training and education efforts, beginning with Intersolar North America, an upcoming webinar and a NABCEP 2023 session
EVERETT, Wash.--(BUSINESS WIRE)--#FlukeTools--Fluke, a leading provider of safe, rugged, and reliable industrial tools and integrated software, today announced an expansion of its solar team, introducing Solar Applications Specialist Will White, who will help strengthen Fluke’s solar tools portfolio. In this role, White will also kickstart Fluke’s solar education and training initiatives.
White has nearly two decades of experience designing, installing, and managing photovoltaic, wind, and solar thermal projects. As Director of Business Development at Solar Energy International (SEI), a non-profit organization accelerating renewable energy technologies through education and technical assistance, White helped clients identify training opportunities for their teams. Prior to this role, White served as a member of SEI’s curriculum team, where he focused on updating and developing course content and teaching classes in-person and online. Will has been a North American Board of Certified Energy Practitioners (NABCEP) Certified PV Installation Professional since 2006 and was previously a NABCEP Certified Solar Heating Installer.
“I’m thrilled to take on this new role as part of Fluke’s growing solar team, especially in a time when the industry is experiencing such positive momentum,” said White. “As new and veteran technicians alike are drawn to solar, it's important that they have the right combination of tools and training to be effective, confident, and safe. I’m looking forward to sharing my experience on high-quality, code-compliant installation techniques with this growing workforce.”
White will spearhead Fluke’s solar education initiatives, including webinars, industry event sessions and other trainings. To start, attendees of Intersolar North America, taking place on February 14-16 in Long Beach, CA, can visit Will White at the Fluke Booth (#1941) to get a hands-on demonstration of the latest solar tools Fluke has to offer.
White will also host the Fluke 2023 Solar Safety Webinar on March 9, 2023 from 9:00 to 10:00 am PST, where he will share best practices, electrical safety considerations, and tips for picking the correct tools to keep safe while working on solar electrical equipment. Registration for this webinar is available online.
Finally, White will lead a session at the NABCEP 2023 CE Conference in St. Charles, Missouri. The presentation, Tools and Techniques for Commissioning and Maintaining PV Systems, will be held on March 28 from 4:30 to 6:00 pm CST. Explore the installation, commissioning, and maintenance process of a solar array, including critical performance tests and the tools required to ensure proper solar asset management. Event and registration information can be found here.
To learn more about Fluke and its portfolio of solar tools, visit solar.fluke.com.
About Fluke
As the world leader in test and measurement equipment, software, and service, Fluke is committed to advancing sustainability at a global level. Growth in renewable energy industries requires precision measurement, quality control, and reporting capabilities for installation, maintenance, and service. Every day, Fluke customers stake their reputations on Fluke tools—it’s why they depend on Fluke’s reliability, accuracy, and commitment to help them extend their skillsets and professionalism.
FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website.
Media
Carlos Villacis
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In under three years, SPATCO has tripled EBITDA via organic growth and strategic acquisitions of complementary, market-leading businesses.
CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)--Kian Capital-backed SPATCO Energy Solutions (“SPATCO”), a forward-thinking infrastructure services provider of innovative turnkey solutions for petroleum, environmental and EV market segments, completed the acquisition of Petro Supply, a leading distributor of petroleum equipment in the Mid-Atlantic region. Combined with the acquisition of McKinney Petroleum Equipment in January of 2023, the platform is expanding its geographic reach while bolstering its dominant stronghold in the Southeast.
Founded in 1971 by Galen Heaps, Petro Supply specializes in the sale and distribution of petroleum equipment, including parts and materials for the construction and maintenance of gas stations, convenience stores and petroleum & chemical handling facilities. A family-owned and operated business, Galen’s son Brandon Heaps worked side-by-side with his father to grow Petro Supply into one of the largest petroleum equipment distributors in the mid-Atlantic. The acquisition marks SPATCO’s entry into the Maryland, DC, Pennsylvania, Delaware and New Jersey markets and introduces full-service capabilities to Petro Supply’s established and prospective customer base.
“My father built Petro Supply on the foundation of hard work and two sayings — ‘do what is right’ and ‘treat everyone as you want to be treated’,” said Brandon, who will lead SPATCO’s Mid-Atlantic region. “I am beyond proud of how we’ve grown the business together and excited to take Petro Supply to the next level with a partner who shares the same values and commitment to our people. As our industry evolves, we are confident in SPATCO’s strategy and vision to continuously innovate to meet our customers’ needs.”
Earlier this year, SPATCO completed the acquisition of McKinney Petroleum Equipment, a market-leading single-source petroleum provider in Alabama, further solidifying its position in the Southeast with a strong Gulf Coast presence. McKinney Petroleum President Kevin McKinney said, “I’m excited to be a part of such a high-growth platform and look forward to leveraging SPATCO’s resources, systems and expert training programs to build on our capabilities here in the Gulf Coast and beyond. As a third-generation family-owned business, it was important to align with a company that respected our history and would put our employees and customers first. We found that with SPATCO.”
“We are proud of the differentiated platform we’ve developed and that highly-respected business owners like Galen, Brandon and Kevin are entrusting SPATCO as a partner to continue their legacies,” said SPATCO President & CEO John Force. “The strength of their respective teams is undeniable and will provide a huge leap forward in our strategy to be the top integrated platform in the country for the petroleum convenience store and EV markets.”
The energy infrastructure and services industry is highly fragmented with a significant amount of consolidation and platform-building opportunity within what is a resilient and growing sector. Organic growth and a strong management team — along with four tuck-in acquisitions — have led to SPATCO more than tripling EBITDA since Kian’s initial 2020 investment. SPATCO now has over 700 employees with 400+ technicians in 26 branches across 17 states in the Southeast and Mid-Atlantic.
Kian Co-Founder and Partner Kevin McCarthy commented, “Based on the progress made thus far and what is on the horizon, we believe SPATCO is uniquely positioned to address the challenge of maintaining and servicing the current fuel station infrastructure while rapidly deploying EV-charging capabilities. As technology continues to drive innovation in the energy infrastructure and equipment services industry, our focus will remain the same — on advancing the team while investing in cutting-edge technology, expanding service capabilities and broadening our geographic reach.”
SPATCO is actively seeking partnerships with founders in the energy infrastructure and services space. Business owners interested in learning more should contact David Duke, Partner, Business Development at Kian, at This email address is being protected from spambots. You need JavaScript enabled to view it..
Kian is SPATCO’s lead investor along with co-investors RF Investment Partners and Apogem Capital. Robinson, Bradshaw & Hinson, P.A. acted as Kian’s legal advisor.
About SPATCO Energy Solutions
SPATCO is a forward-thinking supplier, installer and maintenance provider of innovative turnkey solutions for fueling stations and EV charging infrastructure. Headquartered in Charlotte, NC, SPATCO has 26 additional office locations across the Southeast with service and support across the United States. The company is one of Dover Fueling Solutions’ largest distributors of Wayne products and offers complete environmental compliance, assessment and remediation services. With over 85 years of experience, SPATCO employs a differentiated service-oriented model on behalf of a diverse and longstanding customer base that includes national and regional convenience store operators, major oil companies, commercial fleet and military fueling facilities, national and regional trucking companies, regional oil jobbers and commercial bulk petroleum plants. To learn more, visit www.spatco.com.
About Petro Supply
Founded in 1971 by Galen Heaps, Petro Supply specializes in the sale and distribution of petroleum equipment including parts and materials for the construction and maintenance of gas stations, convenience stores and petroleum & chemical handling facilities. Representing many outstanding manufacturers, Petro Supply helps customers with projects such as repairing pumps, upgrading tanks, equipping c-stores and building new fueling systems. To learn more, visit www.petrosupply.com.
About McKinney Petroleum Equipment
From a sole proprietorship founded in 1933 by Wallace R. McKinney Jr., McKinney Petroleum Equipment has steadily grown to be one of the Southeast’s leading petroleum and industrial equipment suppliers. The company’s marketing area includes South Alabama, the Florida panhandle and Southeast Mississippi. At present, McKinney Petroleum Equipment represents more than 50 manufacturers, enabling the company to provide a wide variety of equipment currently used in petroleum marketing. The company specializes in the installation, sales and service of petroleum, commercial and industrial equipment and systems. To learn more, visit www.mckinneypetroleum.com.
About Kian Capital Partners
At Kian, we forge partnerships to ignite growth and build enduring value. Our goal is to provide flexible financial resources and additional operational horsepower to scale middle-market businesses, realize aspirations and deliver long-term investment returns through genuine partnership. Proud to be recognized on Inc.’s Founder-Friendly Investors list for three consecutive years, Kian is a private investment firm with $425 million of capital under management and a focus on four core industry sectors: consumer, services, value added distribution and specialty manufacturing. Our team of seasoned investors has over 100 years of collective experience providing transformational capital solutions and board-level strategic and operational guidance to founder/owner operated businesses. To learn more, visit www.kiancapital.com.
Business Inquiries
David Duke
Partner, Business Development
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T 470.823.3008
Media Inquiries
Kara Petracek
MiddleM Creative (on behalf of Kian Capital)
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SHELTON, Conn.--(BUSINESS WIRE)--#cleanenergy--Budderfly, the premier sustainability partner for businesses with repeatable footprints, today announced that Mystic Manor Healthcare will receive solar panels to provide additional energy savings as part of Budderfly’s holistic, single-vendor solution for outsourced energy management. Budderfly’s solutions will deliver more than 3,400 MWh of energy savings and produce 3,500 MWh of onsite solar energy over the course of Ryders’ 10-year contract. The impact on carbon emissions reduction is the equivalent of taking 1,038 gasoline-powered cars off the roads for a year.
Ryders Health Management is a family-owned management company for independent skilled nursing and rehabilitation centers operating in Connecticut. In 2018, Ryders partnered with Budderfly to install energy efficiency technologies and equipment upgrades and provide ongoing measurement, monitoring, and maintenance for its Mystic Healthcare facility. Noting the positive impact the bright LED lighting and high efficiency HVAC systems had on the mood and comfort of staff and patients, the company decided to install Budderfly at additional facilities during the pandemic, when a boost to morale and enhanced care was especially needed. Budderfly’s program was subsequently rolled out to Ryders’ Lord Chamberlain location in 2020 and Cheshire House location in early 2022, with plans to expand to all seven locations.
Budderfly’s solutions are provided at zero upfront cost to the customer. Budderfly funds the investment in its customers through a share of the energy cost savings generated by efficiency upgrades and the management and monitoring of energy use and demand.
“We’re in the business of keeping people healthy, and that extends to being better stewards of the environment,” said Martin Sbriglio, RN, DHL, and CEO of Ryder’s Health Management. “Partnering with Budderfly allows us to conserve capital expenditures and operating costs so that more funds can be invested in providing the best level of care for our patients.”
The installation of energy efficient LED lights has dramatically improved the occupant experience, while reducing lighting energy usage by more than 50 percent. Having bright lighting in medical facilities that cater to older patients is particularly beneficial as many have failing eyesight. Budderfly LED lighting has a lifespan of 10 years, so staff do not have to worry about unexpected outages or bulb replacements, allowing them to stay focused on more important tasks.
The addition of a 317 kW rooftop solar system at the Mystic facility will drive further reductions in utility energy consumption and improve sustainability outcomes, enabling Ryders to offset 95% of the facility’s annual energy consumption with no-cost, emissions-free power. The solar system is expected to be operational by June 2023.
In light of the pandemic, air quality control has become increasingly important to healthcare facilities. Budderfly specially selected energy efficient HVAC units with an ultraviolent pathogen elimination system for Ryders’ facilities to help reduce the spread of airborne illnesses and improve the quality of care it provides to approximately 700 patients a year. Staff receives real-time alerts when any equipment issues arise, helping to prevent any disruption in operations. In the case of a refrigerator or freezer malfunction, this service feature can prevent significant financial losses in wasted food as well.
“Ryders Health is one of our longest-standing customers and serves as a premier example of the sustainability, cost, and patient experience benefits that outsourced energy management can offer small- to medium-sized businesses,” said Al Subbloie, founder and CEO of Budderfly. “Our mission has always been to provide customers with holistic energy management solutions, and we’re thrilled to mark the addition of solar to our comprehensive offering through our partnership with Ryders Health.”
About Budderfly
Budderfly, ranked as one of the fastest-growing Energy Efficiency as a Service (EEaaS) companies in the United States, is the premier sustainability partner for businesses with repeatable footprints, such as restaurant chains, assisted living facilities, retail franchises, and more. Budderfly installs, monitors, and manages a combination of patented technologies, equipment upgrades, and proprietary energy software for its customers at no out-of-pocket cost. Businesses benefit with lower energy bills, a reduced carbon footprint, more reliable operations, and an improved customer and employee experience. Budderfly ranked #2 in energy companies and #10 overall on the 2021 Inc. 5000 America’s Fastest-Growing Private Companies list. For more information visit www.budderfly.com or follow us on LinkedIn @Budderfly-Inc.
About Ryders Health
Ryders Health Management is a family-owned management company for independent skilled Nursing & Rehabilitation Centers, Home Health Care & Companion Services, and Outpatient Rehabilitation. Ryders provides a full continuum of post-acute care through its eight facilities across Connecticut.
Media
Tori Bentkover
Antenna Group for Budderfly
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BETHESDA, Md.--(BUSINESS WIRE)--Enviva Inc. (NYSE: EVA) (“Enviva”) today announced the timing of its conference call to discuss fourth-quarter and full-year 2022 financial results.
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March 1, 2023, at 10:00 a.m. Eastern Time |
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By dialing (877) 883-0383 in the United States, +1 (412) 902-6506 internationally, and entering the Participant Entry Number 1925552, or via webcast through the Investor Relations section of Enviva’s website at ir.envivabiomass.com |
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About Enviva
Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11th plant in Epes, Alabama. Enviva is planning to commence construction of its 12th plant, near Bond, Mississippi, in 2023. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to decarbonize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.
To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.
Kate Walsh
Vice President, Investor Relations
+1 (240) 482-3856
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MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, the leader in digital transformation of energy management and automation, has released White Paper 281, "How Modern DCIM Addresses CIO Management Challenges within Distributed, Hybrid IT Environments” and a supporting TradeOff Tool, both available for immediate use. The new White Paper focuses on Data Center Infrastructure Management (DCIM) software and takes a close look at the rapidly-changing role of the Chief Information Officer (CIO) as IT has taken center stage in the past few years. The document demonstrates how the success of a CIO is ultimately rooted in a solid foundation of maintaining resilient, secure, and sustainable IT operations. In an environment of highly distributed hybrid IT, this goal becomes harder to accomplish.
“Business requirements are forcing CIOs to hybridize their data center and IT portfolio architecture by placing IT capacity in colocation facilities and building out capacity at the local edge – sometimes in a big way,” said author Patrick Donovan, Senior Research Analyst at Schneider Electric’s Energy Management Research Center. “CIOs have always been tasked with managing and maintaining resilient and secure operations, but generally have been focused on core data center sites. Now, on top of having many more distributed sites needing resiliency and security, they are also being asked to report on the sustainability of their IT operations. This marks a real sea change in terms of their responsibilities.”
The need for resiliency, security, and sustainability
In the 16-page paper, Donovan describes the evolution of enterprise IT portfolios and explores the resulting management challenges. He explains how modern DCIM software has evolved and is more optimized for increasingly distributed environments. Distributed IT makes security a top concern along with the need for improved resiliency and tracking and reporting of the IT operation’s environmental impact.
An opportunity to “trade off” various DCIM scenarios with new calculator
A new Schneider Electric TradeOff Tool, the DCIM Monitoring Value Calculator for Distributed IT, supports the White Paper and provides user-selectable inputs and adjustable assumptions to perform “what-if” scenarios to see the ROI/payback of monitoring software. It considers factors like downtime, staffing, security and environmental incidents, and cashflow.
“We wanted to create a useful framework to help customers quantify the potential value of DCIM in their operations and we are excited for them to try our tool,” said TradeOff Tool creator Wendy Torell, Senior Research Analyst at Schneider Electric’s Energy Management Research Center. “We designed it to be user friendly and it easily adapts to the customer’s specific environment and level of maturity.”
Schneider Electric’s Energy Management Resource Center
Donovan, Torell, and fellow members of the Energy Management Resource Center conduct research that helps Schneider Electric and its customers make informed business and technology decisions backed by facts and research. Much of the research is made freely available to the public.
Related resources:
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
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Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights
Hashtags: #DCIM #DCIM3 #sustainability #ecostruxureit
Media:
Media Relations - Edelman on behalf of Schneider Electric, Juan Pablo Guerrero
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On February 10, 2023, LanzaTech’s common stock and public warrants expected to begin trading on Nasdaq under the ticker symbols LNZA and LNZAW, respectively
Total transaction proceeds of approximately $240 million expected to fund business plan through estimated cashflow breakeven in 2024
CHICAGO & GREENWICH, Conn.--(BUSINESS WIRE)--LanzaTech Global, Inc. (“LanzaTech”), formerly known as AMCI Acquisition Corp. II (“AMCI”), today announced the completion of its previously announced business combination between AMCI and LanzaTech NZ, Inc., an innovative carbon capture and transformation (“CCT”) company that converts waste carbon into materials such as sustainable fuels, fabrics, packaging and other products that people use in their daily lives. LanzaTech is the first CCT company to become public in the United States.
In connection with the closing of the business combination, AMCI has been renamed LanzaTech Global, Inc. and on February 10, 2023 its common stock is expected to begin trading on the Nasdaq under the ticker symbol LNZA and its public warrants are expected to begin trading on Nasdaq under the ticker symbol LNZAW.
“LanzaTech’s revolutionary, commercially scaled technology offering, top quality team led by Chairwoman and CEO, Jennifer Holmgren, and visible path to rapid, profitable growth in the near term, provided all the elements necessary for a successful transaction in line with the original strategy we established at the time of our founding,” stated Nimesh Patel, former CEO of AMCI and current director of LanzaTech. “We are very excited by the tremendous opportunities presented by LanzaTech as its CCT technology is deployed at scale.”
“We are thrilled to complete this transaction, partnering with Nimesh Patel and the AMCI team and take the next steps towards accelerating the wide-spread deployment of our commercially scaled, CCT technology and ultimately the development of the circular carbon economy our world needs.” said Jennifer Holmgren, Chairwoman and CEO of LanzaTech. “We believe that the completion of the transaction and our status as a new public company will help facilitate our ambitious growth plans and accelerate the validation and, ultimately, the deployment of our revolutionary CCT technology in the eyes of the market.”
Commercially Scaled Technology to Implement the Circular Carbon Economy of Tomorrow
LanzaTech’s gas fermentation technology is designed to provide a profitable pathway for alleviating the significant carbon problem of heavy industry and manufacturing. Through technology and applications that are designed to touch multiple points of carbon use, LanzaTech believes it can offer a solution which could be a meaningful contributor to solving the global carbon crisis. LanzaTech’s scalable technology is designed to enable participants in many industries to reduce their carbon footprint and overall environmental impact in a profitable way and to help end users replace materials made from virgin fossil resources with materials made from recycled carbon. LanzaTech helps customers create a more sustainable future by supporting customers’ ESG goals and helping industries meet mandated emissions reduction targets.
Since its inception in 2005, LanzaTech has scaled proprietary bio-reactors for its novel fuels and chemical production process, using waste carbon emissions as a feedstock. With three commercial facilities using its technology and over 1,250 patents covering multiple aspects of the technology platform, LanzaTech’s vision is to create a just energy transition for all.
LanzaTech, along with LanzaJet, Inc., a key partner focused on the production of sustainable aviation fuel, has built a roster of customers, partners and investors from a wide variety of industries that range from steel producers, including ArcelorMittal, and traditional energy companies, such as Suncor Energy and Shell, to aviation companies including All Nippon Airways, British Airways and Virgin Atlantic, commercially validating the technology in a number of different applications and illustrating a high degree of confidence and adoption across numerous industries.
LanzaTech Helping Pave the Road to Net-Zero
Using a variety of waste feedstocks, LanzaTech’s technology platform highlights a future in which consumers are not dependent on virgin fossil feedstocks in their daily lives. LanzaTech’s goal is to challenge and change the way the world uses carbon, enabling a new circular carbon economy in which carbon is reused rather than wasted, skies and oceans are kept clean, and pollution becomes a thing of the past.
LanzaTech’s capital-light, licensing-driven business model not only enables LanzaTech to significantly accelerate the deployment of its patent-protected technology, but also creates a global opportunity unencumbered by geography. By licensing its technology to customers, LanzaTech provides an opportunity to make significant progress toward sustainability goals.
LanzaTech’s management believes that its commercially viable technology has the potential to enable decarbonization in many of the world’s most carbon intensive industries.
Continued Commercial Momentum Built During Challenging Year for Broader Market
Since the announcement of the proposed business combination on March 8, 2022, LanzaTech NZ, Inc has continued to make significant strides, both commercially and technologically. Over the course of the past year, LanzaTech NZ, Inc has achieved a number of notable commercial wins and announced several significant technology advancements. These include the opening of the third commercial scale plant in China using LanzaTech NZ, Inc’s technology, as well as several new commercial partnerships, further validating LanzaTech NZ, Inc’s technology across a wide array of end markets and applications. Some of the most notable developments announced by LanzaTech NZ, Inc during 2022 include:
Transaction Overview
As a result of this transaction, LanzaTech has received approximately $240 million of gross proceeds, including $185 million from a common equity PIPE anchored by accredited investors, institutional buyers and strategic partners, including ArcelorMittal, BASF, K1W1, Khosla Ventures, Mitsui, NZ Super Fund, Oxy Low Carbon Ventures LLC, Primetals, SHV Energy and Trafigura. The business combination values LanzaTech at an implied pro forma enterprise value of approximately $1.8 billion.
Proceeds from the transaction will be used to fund acceleration in LanzaTech’s commercial operations, capital requirements associated with development projects in which LanzaTech has chosen to participate with partners, and continued technological innovation. LanzaTech will continue to be based in Chicago, Illinois and led by Dr. Jennifer Holmgren, Chairwoman and Chief Executive Officer of LanzaTech Global, Inc., and other key members of LanzaTech’s executive leadership.
About LanzaTech
Headquartered in Skokie, Ill., LanzaTech transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products. Using a variety of waste feedstocks, LanzaTech’s technology platform highlights a future where consumers are not dependent on virgin fossil feedstocks for everything in their daily lives. LanzaTech’s goal is to challenge and change the way the world uses carbon, enabling a new circular carbon economy where carbon is reused rather than wasted, skies and oceans are kept clean, and pollution becomes a thing of the past. For more LanzaTech visit https://lanzatech.com.
About AMCI Acquisition Corp. II
AMCI Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger with a business focused on decarbonizing the heavy industrial complex and transitioning the global energy mix to a lower carbon footprint. AMCI's sponsor is an affiliate of the AMCI group of companies. AMCI invests in and operates industrial businesses focused on natural resources, transportation, infrastructure, metals and energy, with an existing portfolio of 20 companies located around the world. AMCI is led by Chief Executive Officer Nimesh Patel, President Brian Beem, and Chief Financial Officer Patrick Murphy.
Forward-Looking Statements
This press release includes forward-looking statements regarding, among other things, the plans, strategies and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs and assumptions of LanzaTech’s management. Although LanzaTech believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or similar expressions. The forward-looking statements are based on projections prepared by, and are the responsibility of, LanzaTech’s management. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside LanzaTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. New risk factors that may affect actual results or outcomes emerge from time to time and it is not possible to predict all such risk factors, nor can LanzaTech assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements attributable to LanzaTech or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Media Contact - LanzaTech
Freya Burton, Chief Sustainability Officer
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Investor Relations Contact - LanzaTech
Omar El-Sharkawy
VP, Corporate Development
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MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today that it entered into a multi-year agreement with Freedom Forever, a leading U.S. residential solar installer, for the supply of residential smart energy products and solutions.
As part of the multi-year agreement between the companies, Freedom Forever will offer its customers the SolarEdge Home Smart Energy Ecosystem, including the SolarEdge Home Hub Inverter, SolarEdge Power Optimizers, SolarEdge Home Battery, Backup Interface, Smart Energy Devices such as the SolarEdge EV Charger and Load Controllers.
Brett Bouchy, CEO of Freedom Forever, said: “As the nation’s largest residential installer, it is imperative that we align with world-class organizations like SolarEdge as we embark on our goal to become the first company to install a gigawatt of residential solar in a 12-month period.”
“Electricity costs, recent weather events, and new regulations, like the California’s Net Energy Metering 3.0, are bringing solar and battery solutions to the forefront”, said Zvi Lando, Chief Executive Officer of SolarEdge. “We are proud to enter this strategic cooperation with Freedom Forever to provide smarter, more efficient, and more powerful solar and battery solutions to homes across the United States.”
About SolarEdge
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, electric vehicle powertrains, and grid services solutions. Visit us at: solaredge.com
About Freedom Forever
Freedom Forever and its family of companies focuses on residential solar installations that deliver best-in-class Engineering, Procurement, and Construction for its dealer network. Since 2011, Freedom Forever has enabled its dealer network to succeed with a premium offering and aggressive pricing flexibility. Freedom Forever's 25-year production guarantee provides the ultimate peace-of-mind for homeowners reluctant to make a big investment when purchasing their solar systems. With Freedom Forever, homeowners know what they're getting every time. For more information, please visit https://freedomforever.com.
SolarEdge Technologies, Inc.
Lily Salkin Global Public and Media Relations Manager
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SolarEdge Technologies, Inc.
Dana Noyman Head of Corporate Communications and Global PR
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HOUSTON--(BUSINESS WIRE)--Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on February 23, 2023 to discuss results for the quarter ended December 31, 2022. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on February 23 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
We encourage those who plan to dial-in to the conference to pre-register: Pre-Registration Link. Callers who pre-register will be given a dial-in number and unique PIN via email to gain immediate access to the call.
Participants may also join the conference call by dialing:
US: 1 844 200 6205
International: +1 929 526 1599
Access code: 744040
To listen via live webcast, please visit the investor section of www.expro.com.
An audio replay of the webcast will be available in the Investor section of the Company’s website approximately 3 hours after the conclusion of the call and remain available for a period of 12 months.
To access the audio replay telephonically:
Dial-In: US 1 929 458 6194 or 44 (204) 525 0658
Access ID: 744577
Start Date: February 23, 2023, 1:00 p.m. CT
End Date: March 2, 2023, 11:00 p.m. CT
ABOUT EXPRO
Working for clients across the entire well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality. The Company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access and well intervention and integrity solutions.
With roots dating to 1938, Expro has approximately 7,600 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in approximately 60 countries.
For more information, please visit: expro.com and connect with Expro on Twitter: @ExproGroup and LinkedIn: @Expro.
Karen David-Green – Chief Communications, Stakeholder & Sustainability Officer
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+1 281 994 1056
LOS ANGELES--(BUSINESS WIRE)--#Environment--Unibail-Rodamco-Westfield (URW) announced today that the recently completed expansion at Westfield Topanga in Los Angeles has been awarded LEED Platinum by the U.S. Green Building Council (USGBC).
Geoff Mason, Executive Vice President, Operating Management and Development at URW said: “We put sustainability at the core of our business, with the goal of increasing our positive environmental, social, and economic impact in the local community and beyond through the delivery of world-class destinations. As URW’s first U.S. retail development to achieve LEED Platinum certification, the Westfield Topanga expansion is setting the standard for which we will strive with all our future projects.”
To achieve LEED Platinum, the Westfield Topanga expansion implemented practical and measurable solutions in areas including sustainable site development, water use reduction and optimized energy performance, including on-site renewable energy and the use of green power. Other sustainability initiatives at the center include the installation of a fully operational 15,000 solar panel array in 2018 – the largest at any shopping center or retail destination at the time in California. Topanga also employs interior and exterior LED lighting, skylight tinting, electric vehicle charging stations, chilled water coils, as well as efficient lighting and chiller control systems.
Peter Templeton, President and CEO at USGBC said: “Westfield Topanga’s LEED certification demonstrates tremendous green building leadership. LEED was created to make the world a better place and revolutionize our buildings and communities by providing everyone with access to healthy, green, and high-performing buildings. The expansion at Westfield Topanga is a prime example of how the innovative work of project teams can create local solutions that contribute to making a global difference.”
The expansion at Westfield Topanga is a combined 180,000-square-feet of indoor and outdoor space creatively reimagined out of former department store space once occupied by Sears. Underpinned by a cutting-edge design, the new district includes Topanga Social, a chef-driven food hall; an AMC DINE-IN theatre; an expanded luxury fashion collection anchored by new Hermès, Dior, and Valentino boutiques; a nearly 21,000-square-foot Arhaus offering artisan-crafted home furnishings and décor; and Pinstripes, an experiential dining and entertainment concept.
The development underscores URW’s commitment to create a one-of-a-kind landmark destination and economic engine for the San Fernando Valley community.
About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States.
The Group operates 78 shopping centres in 12 countries, including 45 which carry the iconic Westfield brand. These centres attract over 900 million visits annually and provide a unique platform for retailers and brands to connect with consumers. URW also has a portfolio of high-quality offices, 10 convention and exhibition venues in Paris, and a €3 Bn development pipeline of mainly mixed-use assets. Currently, its €52 Bn portfolio is 87% in retail, 6% in offices, 5% in convention and exhibition venues, and 2% in services (as at December 31, 2022).
URW is a committed partner to major cities on urban regeneration projects, through both mixed-use development and the retrofitting of buildings to industry-leading sustainability standards. These commitments are enhanced by the Group’s Better Places 2030 agenda, which strives to make a positive environmental, social and economic impact on the cities and communities where URW operates.
URW’s stapled shares are listed on Euronext Amsterdam and Euronext Paris (Ticker: URW), with a secondary listing in Australia through Chess Depositary Interests. The Group benefits from a BBB+ rating from Standard & Poor’s and from a Baa2 rating from Moody’s.
For more information, please visit www.urw.com.
About the U.S. Green Building Council
The U.S. Green Building Council (USGBC) is committed to a healthy, resilient and equitable future for all through the development of green buildings, cities and communities. For more than 20 years, USGBC has been advancing green building practices through the development of LEED, the world’s most widely used green building program. With the support of thousands of members, volunteers and partners, USGBC provides robust green building education courses, a rigorous professional credentialing program, and advocates for effective public policies. It convenes an international network of green building and sustainability leaders through the annual Greenbuild International Conference & Expo, and forward thinking programs, including the Center for Green Schools. For more information, visit usgbc.org and connect on Twitter, Facebook, Instagram and LinkedIn
Robyn Cottelli
929.254.8309
This email address is being protected from spambots. You need JavaScript enabled to view it.
New facility will allow the specialized division of Dalrada Financial Corporation to further expand Deposition Technology (DepTec) and Likido
SAN DIEGO--(BUSINESS WIRE)--Dalrada Financial Corporation (OTCQB: DFCO, “Dalrada”), announced today that its UK division, Dalrada Technology Ltd., has signed a 10-year lease agreement at a new warehouse and office facility where it will continue to focus its efforts on driving clean energy technology and manufacturing advancements.
Dalrada Technology Ltd. intends to make the 20,000-square foot unit in Livingston, Scotland, its new UK headquarters, designating it for the manufacture of clean energy and semiconductor manufacturing technologies. To achieve this, the new facility will incorporate two wholly-owned Dalrada Corporation subsidiaries: Deposition Technology (DepTec) and Likido, companies that focus on advancing precision microchip and semiconductor technologies and building energy-efficient commercial heat pumps and industrial chillers, respectively.
The Scotland facility is also expected to provide Dalrada Technology Ltd. with the ability to rapidly scale up production capabilities to meet the growing demand for the company’s innovative heat pumps, not just in the UK, but around the world as well.
“Our new facility will bring together our business units and allow us to continue delivering bold technology and clean energy solutions to the UK market and beyond,” said Brian Bonar, CEO and Founder of Dalrada Financial Corporation. “We believe this is the ideal location to suit the needs of our growing businesses,” he added.
Bill Bonar, CEO of Dalrada Technology Ltd., and Co-Founder of Deposition Technology Ltd. said of the new headquarters, “Incorporating DepTec and Likido into a single building will allow us to maximize our ability to innovate technology solutions in specific markets through the effective collaboration of the design and engineering teams from both subsidiaries. This also allows the company to reduce costs and reduce energy usage by moving both business units under a new roof.”
Dalrada Technology Ltd. Plans on being moved into the new facility and fully operational by March 1.
About Dalrada Financial Corporation
Dalrada Financial Corporation (OTCQB: DFCO) is a forward-facing organization that continually produces disruptive products and services that accelerate positive change for current and future generations.
Since 1982, Dalrada has redefined possibilities while boldly addressing global challenges with transformative innovations that drive targeted advances in emerging markets for a new era of human behavior and interaction, ensuring a bright future for the world around us.
Dalrada Financial Corporation is committed to positively impacting people, businesses, and the planet through sustainable solutions. For more information, please visit www.dalrada.com, and follow us on Twitter, Facebook, and LinkedIn.
About Dalrada Technology Ltd.
Dalrada Technology Ltd. is a wholly-owned subsidiary of Dalrada Financial Corporation. The company’s primary focus is advancing semiconductor technologies and delivering clean energy solutions through the companies Deposition Technology (DepTec) and Likido. Dalrada Technology Ltd. is also the proud sponsor of Greenock Morton Football Club, a Scottish Championship league team.
About Deposition Technology
Deposition Technology (DepTec) was founded in 2004 to provide refurbished physical vapor deposition (PVD) systems. Over the years, the company has developed re-manufacturing capabilities and robust upgrades to legacy systems to keep these systems in operation while updating them with the latest technology and advanced features.
In 2014, DepTec developed its own unique PVD system, the EVOS, and entered the OEM arena. The company now has multiple systems installed to assist in producing devices used in modern medical and communications products.
DepTec innovates with continuous R&D programs, developing the next generation of precision equipment and upgrades. Its new product, the EVOS CVD, for advanced chemical thin film production, will be available to the market soon. For more information, please visit www.deptec.com.
About Likido
Likido is developing true energy-efficient solutions for a Net Zero world by 2050. Delivering proprietary technology that significantly reduces harmful CO2 emissions, patent-pending Likido™ONE heat pumps represent the future of heating and cooling. These revolutionary machines are designed to capture and reuse thermal energy at a significant reduction in cost while aiding in the dramatic reduction of GWP (global warming potential). Likido proudly builds next-generation energy solutions that solve one of the world’s greatest challenges: the decarbonization of heat.
Likido is an international clean energy technology company with offices and manufacturing in Scotland; California; Malaysia; and other global locations.
Disclaimer
Statements in this press release are not historical facts. The statements are forward-looking, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors and will be dependent upon a variety of factors including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations regarding these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the US Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.
William Bonar (This email address is being protected from spambots. You need JavaScript enabled to view it.)
TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB):
February 2023 Cash Dividend - $0.06 per share
Superior Plus Corp. (“Superior”) today announced its cash dividend for the month of February 2023 of $0.06 per share payable on March 15, 2023. The record date is February 28, 2023 and the ex-dividend date will be February 27, 2023. Superior’s annualized cash dividend rate is currently $0.72 per share. This dividend is an eligible dividend for Canadian income tax purposes.
Move to Quarterly Dividend Payments
As previously communicated and subject to approval of future common share dividends by the Board of Directors, Superior intends to move from its current practice of paying monthly dividends to a quarterly common share dividend payment, following the monthly March 2023 dividend to be paid in April 2023. Quarterly dividend payments are expected to be made on the last business day of March, June, September and December to shareholders of record on the 10th day of the corresponding month, if, as and when declared by the Board of Directors. Should the record date fall on a weekend or on a statutory holiday, the record date will be the next succeeding business day following the weekend or statutory holiday. Subject to approval by the Board of Directors, the first quarterly dividend is expected to be paid in June 2023.
2022 Fourth Quarter and Year-End Results and Conference Call
Superior expects to release its 2022 fourth quarter and year-end after the close of North American markets on Thursday February 16, 2023. A conference call and webcast to discuss the 2022 fourth quarter and full year financial results will be held at 10:30 AM EDT on Friday February 17, 2023. To listen to the live webcast, please use the following link: Register Here. The webcast will be available for replay on Superior's website at: www.superiorplus.com under the Events section.
About the Corporation
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing approximately 890,000 customer locations in the U.S. and Canada.
For further information about Superior, please visit Superior’s website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Capital Markets, Tel: (416) 340-6003, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Toll-Free: 1-866-490-PLUS (7587).
Forward-Looking Information
This news release contains certain forward-looking information and statements based on Superior’s current expectations, estimates, projections and assumptions in light of its experience and perception of historical trends. In this news release, such forward-looking information and statements can be identified by terminology such as “will”, "expects", "annualized", and similar expressions.
In particular, this news release contains forward-looking statements and information relating to: future dividends, which may be declared on Superior’s common shares; the timing and the amount of such dividend payments; and the expected tax treatment thereof. These forward-looking statements are being made by Superior based on certain assumptions that Superior has made in respect thereof as at the date of this news release regarding, among other things: the success of Superior’s operations; prevailing commodity prices, margins, volumes and exchange rates; that Superior’s future results of operations will be consistent with past performance and management expectations in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements; future operating costs; that any required commercial agreements can be reached; that all required regulatory and environmental approvals can be obtained on the necessary terms promptly. These forward-looking statements are not guarantees of future performance and are subject to several known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive entities and pricing; reliance on key industry partners and agreements; actions by governmental or regulatory authorities including changes in tax laws and treatment, or increased environmental regulation; adverse general economic and market conditions in Canada, North America and elsewhere; fluctuations in operating results; labour and material shortages; and certain other risks detailed from time to time in Superior’s public disclosure documents including, among other things, those detailed under the heading "Risk Factors" in Superior’s management's discussion and analysis and annual information form for the year ended December 31, 2021, which can be found at www.sedar.com.
Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.
Beth Summers, Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran, Vice President, Capital Markets
Tel: (416) 340-6003
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll-Free: 1-866-490-PLUS (7587)
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