Business Wire News

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) announced today that it will release its third quarter 2022 earnings after the stock market close on Wednesday, November 2, 2022.


The company will host a live webcast on Thursday, November 3, 2022, at 10:00 a.m. (Eastern) to discuss third quarter 2022 fiscal results. The webcast can be accessed here or on the investors section of Ingevity’s website.

You may also listen to the conference call by dialing 844 200 6205 (inside the U.S.) or 929 526 1599 (outside the U.S.) and entering access code 110669. For those unable to join the live event, a recording will be available beginning at approximately 2:00 p.m. (Eastern) on November 3, 2022, through November 3, 2023, at this replay link.

Information on how to access the webcast and conference call, along with a slide deck containing other relevant financial and statistical information, will be posted on the investors section of Ingevity’s website prior to the call.

Ingevity: Purify, Protect and Enhance

Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in two reporting segments: Performance Chemicals, which includes specialty chemicals and engineered polymers, and Performance Materials, which includes high-performance activated carbon. These products are used in a variety of demanding applications, including adhesives, agrochemicals, asphalt paving, bioplastics, coatings, elastomers, lubricants, pavement markings, publication inks, oil exploration and production and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 31 locations around the world and employs approximately 2,050 people. The company’s common stock is traded on the New York Stock Exchange (NYSE:NGVT). For more information visit www.ingevity.com.


Contacts

Caroline Monahan
843-740-2068
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Investors:
John Nypaver
843-740-2022
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Technology Industry Veteran Joins Digital Flare Mitigation® and Clean Cloud Pioneer as CPO

DENVER--(BUSINESS WIRE)--Crusoe Energy Systems LLC (Crusoe) today announced that Tara Green has joined the company as Chief People Officer. In her new role, Green will be responsible for leading Crusoe’s team and systems related to organizational structuring, recruiting, training and development, employee engagement, compensation, diversity and inclusion, team culture, and enhancement of overall people and HR processes. Green brings more than 25 years of experience in people strategy and operations to Crusoe Energy.

Prior to joining Crusoe, Green was the VP, Head of People at Aurora, a rapidly scaling autonomous vehicle startup with operations across the U.S. In this capacity, she led the People organization to scale and support the company’s evolution through major events, including the pandemic and an acquisition that nearly tripled the company’s workforce. She also previously was the SVP and Chief People Officer at Originate, a technology and design innovation studio, and held executive positions at a number of startups and enterprises including Node.io, Wickr, Google, eBay, and Excite@Home.

“I’m thrilled to join a company with a mission that is so inspiring and accessible, allowing for material impact today and limitless global impact in the future,” said Tara Green, Crusoe’s new Chief People Officer. “I’m excited to spend my days with talented, passionate, growth-minded people who are collectively engaged in reshaping and harmonizing the critical needs of our climate with awesome opportunities emanating from our digital world. As the company expands and scales, I look forward to leading the team with intention to evolve our culture and curate employee experiences that decade upon decade will be highly motivating, learning-oriented, respectful and tuned-in.”

Crusoe captures stranded and wasted energy resources such as flaring natural gas and excess renewable power to power modular data centers. In April, Crusoe closed a $350 million Series C equity from notable climate and technology venture capital funds, securing new capital to accelerate and scale Crusoe’s deployments. Recently, Crusoe was ranked as the No. 1 best small company to work for in Colorado by The Denver Post. The company’s full time workforce consists of approximately 300 individuals across Colorado, California, North Dakota, Montana, Illinois, New York, Louisiana and Oklahoma with expansion into additional states underway.

“We are honored to welcome such an experienced and capable people leader to the Crusoe team,” said Crusoe’s Co-Founder, President and Chief Operating Officer, Cully Cavness. “Tara brings a wealth of experience, relationships and business knowledge to this role and is already making an impact as a member of our leadership team.”

Later this year, Crusoe will fully launch CrusoeCloud™, the company’s High-Performance Computing (HPC) cloud offering powered by carbon-reducing energy sources, following its successful alpha rollout earlier in 2022. CrusoeCloud™ will enable HPC users to both reduce the costs of cloud computing as well as the environmental impacts of computing workloads such as artificial intelligence model training, graphical rendering and scientific computing.

About Crusoe Energy Systems LLC

Crusoe is on a mission to align the future of computing with the future of the climate. They are the pioneers of clean computing infrastructure that reduces both the costs and the environmental impact of the world’s expanding digital economy. By unlocking stranded sources of energy to power crypto, cloud, and data centers, they are creating the future of compute-intensive innovation that reduces emissions rather than adds to them. The world’s appetite for computation, energy, and progress will never stop growing. Crusoe is here to bring energy to ideas in ways that are aligned with the needs of our climate.

To learn more, visit www.crusoeenergy.com and follow Crusoe on Linkedin and Twitter.


Contacts

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New York’s Climate Leadership and Community Protection Act requires State operations to run on 100% clean electricity by 2030

State agencies play key role in energy efficiency measures

REDWOOD CITY, Calif.--(BUSINESS WIRE)--As part of a major sustainability effort, New York State has issued a new executive order directing all state agencies to use the New York Power Authority’s (NYPA) NY Energy Manager application as the system of record for their energy data. The NY Energy Manager uses a system developed and deployed with C3 AI (NYSE: AI), a leading enterprise AI software application company, to monitor and help mitigate energy use at more than 1,000 state agencies and other customers.


“This announcement shows how increasingly significant the NY Energy Manager platform is to New York State’s demonstration of leadership in sustainability,” said Emilie Bolduc, NYPA’s Vice President of Distributed Energy Resources. “The dataset will be the foundation to create a baseline for state agencies’ greenhouse gas emissions and to measure their progress toward achieving New York State’s Climate Leadership and Community Protection Act goals.”

The NY Energy Manager application, built on the C3 AI Energy Management application, includes more than 17,000 facilities for more than 1,000 customers, including communities, businesses, municipalities, and electricity providers in New York. It will now serve as the system of record for all energy data from all state agencies.

“We are pleased to participate in this significant statewide initiative,” said Ed Abbo, President and CTO of C3 AI. “This is great validation in the work C3 AI has done with the New York Power Authority, and we look forward to helping New York make its public sector operations more sustainable.”

Among the many other goals spelled out in New York’s Executive Order 22, addressed in part by C3 AI’s system, is a mandate for state operations to run on 100% clean electricity by 2030.

C3 AI Energy Management unifies all energy-related data in one platform, enabling near real time tracking and mitigation of the state’s energy and greenhouse gas footprint. The system was selected by NYPA through a competitive bidding process. The most recent product release, C3 AI ESG, extends that functionality to enable reporting and forecasting of Scope 1, Scope 2, and Scope 3 emissions consistent with all regulatory reporting standards. The application also recommends and tracks mitigation initiatives to help customers achieve their energy and sustainability targets.

About C3.ai, Inc.

C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Application Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications and C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally.


Contacts

C3 AI Public Relations
Edelman
Lisa Kennedy
415-914-8336
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Investor Relations
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DUBLIN--(BUSINESS WIRE)--Gazelle Wind Power (Gazelle), the developer of a hybrid modular floating offshore wind platform, has received the results of its basin model tests at the Environmental Hydraulics Institute - University of Cantabria (IHCantabria) facilities in Spain. The test report, witnessed by international certification organization DNV and Safier Ingenierie, verified the feasibility of the Gazelle platform’s concept in a wide range of conditions. A prototype model of Gazelle’s platform was analysed through a variety of assessments including surge and yaw excitation tests, wind alone tests, wave alone tests, decay tests, and more.



“The test serves to further validate our technology—which is key to ultimately reaching commercialization and unlocking the full potential of offshore wind,” said Gazelle CTO Jason Wormald. “These tests show that our platform will serve as a vital piece of the energy transition that will center around decarbonisation, independence, and security.”

The main results from the tests were based on the 10 MW floating offshore wind turbine (FOWT). The tests confirmed Gazelle’s main principles—including the main physical principles behind the Gazelle platform design. The tests also reaffirmed that the Gazelle platform has significantly reduced pitch motions even in extreme sea conditions. The data collected from the various tests will be used to create a benchmarking database which will be the basis of the next phase of the design loop in conjunction with Safier Ingenierie.

Having recently named Jason to lead Gazelle’s technology and engineering teams, Gazelle has now taken a critical leap forward toward deploying its unique offshore floating wind platform that—through modularity, scalability, and ability to be mass produced—can unlock the massive opportunity in floating offshore wind market, which has a total addressable market worth approximately €750 billion by 2050 according to DNV.

About Gazelle Wind Power

Gazelle Wind Power Limited is unlocking the massive deep-water offshore wind market to achieve global decarbonisation. The company’s durable, disruptive hybrid floating platform with a high stability attenuated pitch surmounts the current barriers of buoyancy and geographic limitations while reducing costs and preserving fragile marine environments. The company is based in Dublin and has a presence in Dubai, London, Madrid, Paris, and Texas. For more information, visit www.gazellewindpower.com.


Contacts

For Gazelle Wind Power:
Wendy Prabhu | Mercom Communications
T: +1 512 215 4452
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Former McCormick & Company senior executive brings extensive leadership, growth and strategic expertise to the board

BALTIMORE--(BUSINESS WIRE)--Constellation announced today the election of Nneka L. Rimmer to its Board of Directors effective Nov. 1, 2022. Rimmer, 51, most recently served as president, Global Flavors & Extracts, for McCormick & Company, Inc., a global leader that manufactures, markets and distributes spices, seasoning mixes, condiments and other products to the food industry. Prior to her retirement in 2021, Rimmer drove industry-leading growth as a member of McCormick’s six-person executive team.


Nneka has delivered strategic expertise, transformational leadership, and successful business outcomes along every stop of her inspiring professional journey,” said Robert J. Lawless, chairman, Constellation. “Her track record of identifying and driving both organic and inorganic growth opportunities will be a valuable asset for our company.”

I am excited to join Constellation’s board during such a dynamic and transformative period in the energy industry,” Rimmer said. “As a leader in clean energy, Constellation is well positioned to lead our nation’s transition to a carbon-free future, and I look forward to partnering to support that mission.”

Rimmer joined McCormick in 2015 as senior vice president, Corporate Strategy & Development, where she oversaw the successful $4.2 billion acquisition of French’s and Frank’s RedHot Brand, the largest transaction in the company’s history. Later promoted to Chief Transformation Officer, she overhauled McCormick’s business-to-business industrial unit and spearheaded its rebrand to the Global Flavors & Extracts business unit. Shortly after her retirement, McCormick became a Fortune 500 company due in part to its overarching focus on growth and successful execution of corporate strategies led by Rimmer.

Prior to McCormick, Rimmer spent 15 years with Boston Consulting Group (BCG) focused on advising Fortune 100 C-Suite executives and board directors on global growth, M&A strategy, talent development and change management. She rose to become BCG’s first Black female partner, with leadership positions across the consumer goods and retail, public sector and strategy practices.

Since stepping away from her corporate career, Rimmer has maintained a dedicated focus on board service. She currently serves as an independent director and member of the audit and human capital committees for Energizer Holdings. She is also on the boards of Wellness Pet LLC and Wheel Pros LLC, two private equity-owned consumer products companies. Rimmer also serves as a trustee at the University of Maryland, Baltimore.

Rimmer earned her bachelor’s degree in chemical engineering from Stanford University and her master’s of business administration and juris doctorate from Northwestern University.

About Constellation

Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services to millions of homes, institutional customers, the public sector, community aggregations and businesses, including three fourths of Fortune 100 companies. Headquartered in Baltimore, our fleet of nuclear, hydro, wind and solar facilities has the generating capacity to power the equivalent of approximately 15 million homes, providing 10 percent of the nation’s carbon-free electricity. Our fleet is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is nearly 90 percent carbon-free. We have set a goal to achieve 100 percent carbon-free power generation by 2040 by leveraging innovative technology and enhancing our diverse mix of hydro, wind and solar resources paired with the nation’s largest nuclear fleet. Follow Constellation on LinkedIn and Twitter.


Contacts

Dave Snyder
Constellation Communications
410-470-9700
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BORDENTOWN, N.J.--(BUSINESS WIRE)--#battery--It is generally assumed that solid polymer electrolytes have poor ionic conductivity at room temperature. Nuvvon has turned this notion on its head. Third-party verified data of their unique solid polymer electrolytes is presented to prove it.



Solid-state battery companies developing oxide and sulfide products suggest that solid polymer electrolytes have struggled with achieving the necessary ionic conductivity at room temperature. One attempted workaround is to increase the operating temperature, which is sub-optimal as it requires external heating. Another is the addition of liquid plasticizers, such as ionic liquids, to increase conductivity. But the amount of liquid plasticizer required for room temperature operation results in poor mechanical properties and subpar thermal aging.

Nuvvon has developed solid polymer electrolytes that overcome this problem. Nuvvon’s polymer electrolytes are completely dry and do not require the addition of ceramic nanomaterials. Nuvvon’s solid polymer electrolytes can also withstand high temperatures (>100oC) without mechanical degradation and demonstrate high ionic conductivity across a wide temperature range (2.2*10-4 S/cm at 0 oC, 4.6*10-3 S/cm at 25oC, 6.6*10-3 S/cm at 80 oC).

Nuvvon’s breakthrough in solid polymer electrolytes enables, for the first time, completely solid-state pouch cells that operate across a wide temperature range without external systems for cooling, heating, or pressure.

To learn more about Nuvvon’s unique technology, please visit www.nuvvon.com/technology

About Nuvvon

Based in NJ, Nuvvon is developing breakthrough solid-state batteries to offer increased safety, higher energy density and lower cost compared to conventional lithium-ion batteries. Nuvvon’s prototype cells operate across a wide temperature range at ambient pressure and are made on standard lithium-ion battery manufacturing equipment. The company is seeking to scale up with investment partners, to move from prototype production to an in-house pilot plant using a standard Li-ion production line.

For more information, please visit www.nuvvon.com or connect with Nuvvon on LinkedIn.


Contacts

Jonathan Lex
Chief Operating Officer
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+44(0)7936 014076

Karmjit Sidhu
Director
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+1 (973) 615-0379

Under new partnership, Ambipar will remove and remediate leaking tanks while Booster’s mobile Fueling-as-a-Service model ensures continuity in customer operations

SAN MATEO, Calif.--(BUSINESS WIRE)--With leaking underground storage tanks (USTs) presenting serious risk to public health, safety, and the environment, Booster® and Ambipar today announce a strategic partnership to help customers seamlessly remove and remediate USTs while ensuring continuity in their fueling operations.


Long considered a necessary staple of conventional fueling infrastructure, USTs store fuel at gas stations, fleet yards, businesses, government facilities, and more. But older USTs are aging and deteriorating, leaking petroleum and other hazardous substances into the surrounding environment and commanding attention from the U.S. Environmental Protection Agency (EPA).

There are more than 550,000 leaking tanks nationwide, according to the EPA, which notes that “the greatest potential hazard” is contamination of groundwater, the source of drinking water for nearly half of all Americans. Tank removal and replacement can require significant CapEx cost; the average cleanup costs $130,000, although extensive soil contamination can send this figure higher. Corrective action for leaks that affect groundwater can reach upwards of $1 million.

Once a leak is confirmed, UST owners and operators are legally required to take immediate action to minimize or eliminate the source of the leak. This is where Ambipar and Booster come in. Ambipar Response offers tank removal and remediation services, including compliance with regulations, early identification of potential environmental issues, required reporting, soil remediation, and more. During and after tank removal, Booster offers mobile fuel delivery to ensure fleet vehicles can be easily fueled on-site with no disruption to operations.

“UST removal and remediation is a complicated matter, requiring full compliance with individual state regulations that govern corrosion protection, inspections, monitoring, secondary containment, and more,” said Allan Blanchard, regional VP of Ambipar Response. “By partnering with Booster, we are able to offer our customers a complete solution and migration path away from USTs for long-term fueling and energy solutions.”

Once the tank has been removed, Booster’s UST migration plan enables customers to explore sustainable solutions by ending their reliance on USTs and adopting Booster’s mobile Fuel-as-a-Service model. Delivering fuel directly to vehicles completely eliminates the need for USTs — and for costly and time-consuming trips to the gas station.

“By investing in mobile, modular Infrastructure-as-a-Service solutions, customers are able to focus on running their core business, and not on their fueling operations,” said Barry Russell, VP of sales & alliances with Booster. “Booster’s mobile fueling delivery service transitions customers away from CapEx investment and shifts it to OpEx, putting them on a sustainable path forward.”

This partnership reflects Booster’s commitment to increasing efficiency and improving sustainability for fleets. With a flexible OpEx model, fleet managers can access the fuels they need, when they need them, in a convenient, cost-effective structure.

“By partnering with Ambipar Response, we are able to provide UST owners and operators with an easy, integrated solution that remedies leaking fuel tanks while ensuring uninterrupted service and continuity in fueling operations,” said Frank Mycroft, Booster CEO and co-founder. “Beyond immediate remediation, mobile fueling offers a convenient long-term solution that completely replaces these hazardous relics of fixed-fueling infrastructure.”

About Booster

Booster is a tech-driven mobile energy delivery company on a mission to fuel the energy transition. Headquartered in San Mateo, California, Booster delivers conventional and renewable fuels directly to fleet vehicles nationwide, lowering carbon emissions, reducing costs, and providing access to renewable fuels. At a time when the urgent desire to transition to a more sustainable energy future is far outpacing the development of infrastructure, Booster provides a critical solution for Amazon, Imperfect Foods, UPS, and hundreds of other customers — no filling stations, truck stops, or off-route trips required. For more information, visit boosterusa.com or connect with us on LinkedIn, Twitter, Facebook, and Instagram.

About Ambipar Response:

Ambipar is a fully integrated environmental services company that values entrepreneurship, professionalism, innovation, and sustainability. It works from end-to-end in environmental management and waste recovery. The company’s goal is to help companies take care of the planet, which it accomplishes through its strong environmental management and sustainability capabilities. We believe that, from the work we do, we have great potential for reducing the environmental and social impacts we are experiencing today. Ambipar Response is represented in 39 countries, seven continents and over 400 bases with one goal: helping your company take care of the planet. For more information, visit ambipar.com.


Contacts

Booster Media Contacts:
Melina Vissat, Senior Director of Communications
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617-595-8009

Grace Dearnley, Communications Manager
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757-951-8789

Selection underscores the key role Piedmont Lithium will have in boosting domestic lithium hydroxide supply

BELMONT, N.C.--(BUSINESS WIRE)--Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX: PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that it has been selected for a $141.7 million grant from the U.S. Department of Energy (“DOE”) – one of the first set of projects funded by the President’s Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for EVs and the electrical grid and for materials and components currently imported from other countries. The funding will support the construction of the Company’s approximately $600 million Tennessee Lithium project, which aims to expand the U.S. supply of lithium hydroxide by 30,000 metric tons per year (“tpy”). Lithium hydroxide is a key component of high energy density, long-range, electric vehicle batteries.


Piedmont President and CEO Keith Phillips said the Company is honored that the Tennessee Lithium project has been selected for this DOE funding. “The U.S. government is putting investment dollars behind its policies to support energy independence and national security, and we are grateful to be selected to help spur critical, domestic development of the EV battery supply chain,” said Phillips. “Over 80% of lithium hydroxide production today occurs in China. This grant will accelerate the development of the Tennessee Lithium project as a world-class lithium hydroxide operation, which is expected to more than double the domestic production of battery-grade lithium hydroxide in the United States.”

Located in Etowah in McMinn County, Tennessee, Piedmont’s Tennessee Lithium project is being designed to produce lithium hydroxide from spodumene concentrate using the innovative Metso:Outotec process flow sheet, enabling lower emissions and carbon intensity as well as improved capital and operating costs relative to incumbent operations. The Tennessee Lithium project is expected to drive significant economic activity in McMinn County and create approximately 120 new, direct jobs.

“We are pleased that the DOE has chosen to support our Tennessee Lithium project, and we are committed to being responsible stewards of these grant funds,” said Piedmont Chief Operating Officer Patrick Brindle. “This funding will enable us to accelerate detailed engineering and place orders for long-lead items.” Construction at the Tennessee Lithium project is slated to begin in 2023, subject to permitting and project financing timelines, with production expected to commence in 2025.

As part of the Company’s selection for this DOE funding, Piedmont has been invited to negotiate the specific terms of the grant, including timing and any co-funding. The final details of the project grant are subject to these negotiations. The grant will not be final until Piedmont and the DOE have agreed to the specific terms of the grant. Once the terms have been finalized, funding of the grant will remain subject to satisfaction from time to time of conditions precedent set forth in those terms.

When the Company’s current portfolio of lithium assets becomes fully operational, Piedmont expects to produce 60,000 tpy of lithium hydroxide in the United States, where current domestic production is only approximately 15,000 tpy. Piedmont’s estimated production should position the Company to serve the growing U.S. battery manufacturing industry, which has made announcements of capital investments exceeding $50 billion for new U.S. battery plants. These battery plants are expected to require more than 600,000 tpy of lithium hydroxide.

The Tennessee Lithium project is a core project in Piedmont’s development plans, with the Company anticipating production to come online on the following schedule:

  • 2023: Quebec – spodumene concentrate production at North American Lithium
  • 2024: Ghana – spodumene concentrate production at Ewoyaa
  • 2025: Tennessee Lithium – lithium hydroxide production from spodumene concentrate sourced from our international investments
  • 2026: Carolina Lithium – integrated spodumene concentrate and lithium hydroxide production

About Piedmont Lithium

Piedmont Lithium (Nasdaq: PLL; ASX: PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our wholly-owned Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage. For more information, visit www.piedmontlithium.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, and construction activities of Sayona Mining Limited, Atlantic Lithium Limited, and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont, Sayona Mining, or Atlantic Lithium will be unable to commercially extract mineral deposits, (ii) that Piedmont’s, Sayona Mining’s, or Atlantic Lithium’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to our projects as well as the projects of our partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Quebec, Sayona Mining, and Atlantic Lithium, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding our ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, our ability to obtain sufficient financing to develop and construct our projects, our ability to comply with governmental regulations and our ability to obtain necessary permits, (xiv) uncertainties related to the negotiation, execution and funding of DOE grants, including our ability to successfully negotiate the grant terms and to satisfy any funding conditions under the award and (xv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.


Contacts

Erin Sanders
VP, Corporate Communications
T: +1 704 575 2549
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Christian Healy/Jeff Siegel
Media Inquiries
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New high-efficiency yard light in a slim design features 3000K, 4000K and 5000K color selectable operation with the flexibility to adjust wattages to ensure proper light levels


NORTON SHORES, Mich.--(BUSINESS WIRE)--EarthTronics, dedicated to developing innovative energy-saving lighting products that provide a positive economic and environmental impact, introduces its Color & Wattage Selectable LED Yard Light. With three color temperatures and three wattages, it provides optimal area lighting for barns, storage sheds, entryways, pathways, parking lots, industrial and building perimeters, as well as yards and home security. The yard light comes with a photocell for dusk-to-dawn operation.

Designed to efficiently replace 100- to 250-watt H.I.D. lamps for general purpose outdoor lighting applications, the Color & Wattage Selectable LED Yard Light offers the flexibility of switching between three temperatures, including 3000K, 4000K and 5000K, and three lumen levels at the time of installation to ensure proper illumination and enhanced security.

The Color & Wattage Selectable Yard Light produces a highly efficient 125 lumens per watt with an 80+ CRI. The luminaire can be set at 36, 48 or 60 watts, delivering 4500, 6000 and 7500 lumens respectively. The yard light produces a wide beam angle to illuminate more than 10,000 square feet at each lumen level. It accepts 120-277VAC power supply for use in both the USA and Canada.

Suitable for wall and pole mount applications, the Color & Wattage Selectable LED Adjustable Yard Light is IP65-rated and UL approved for wet applications. The yard light has a durable powder-coat finish die cast aluminum housing with a high-impact polycarbonate, anti-UV acrylic lens to maintain appearance over the long term. It is available in either a bronze or gray finish.

A DLC® Premium product, the Color & Wattage Selectable LED Adjustable Yard Light will perform in temperatures ranging from -40°F (-40°C) to 104°F (40°C) with a rated performance life of 50,000 hours and comes with a five-year limited warranty. The yard light may be accepted for utility rebates in many markets.

For more information about the Color & Wattage Selectable LED Adjustable Yard Light, visit EarthTronics at https://www.earthtronics.com/product/led-color-wattage-selectable/.

About EarthTronics

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


Contacts

Brian Bloom
Falls and Co.
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216-696-0229

DUBLIN--(BUSINESS WIRE)--The "Global Small Modular Reactor Market by Reactor (HWR, LWR, HTR, FNR, MSR), Deployment (Single, Multi), Connectivity (Grid, Off-grid), Location (Land, Marine), Application (Power Generation, Desalination, Industrial), Coolant and Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.


The global small modular reactor market is projected to reach USD 7 billion by 2030 from an estimated USD 5.7 billion in 2022, at a CAGR of 2.6%

The cost reduction due to modularization and factory production is expected to drive the small modular reactor market growth. Furthermore, the need for clean, stable and reliable nuclear energy for the supply of baseload power is driving the market. However, stringent nuclear regulatory requirements for deployment of SMRs is likely to hamper the growth of small modular reactor market.

The water segment, by coolant, is expected to be the largest and the fastest-growing market from 2022 to 2030

The SMR market, by coolant is bifurcated into heavy liquid metals, water, gases and molten salts. The water segment is expected to hold the largest market share in 2030. The largest market share can be attributed to the increasing adoption of light-water reactors and heavy-water reactors across various regions.

The multi-module power plant, by deployment, is expected to be the fastest-growing market from 2021 to 2026

The multi-module power plant segment is expected to be the fastest-growing deployment segment during the forecast period, owing to the ease of financing additional modules. Multi-module SMR plants are easier to finance compared with large nuclear reactors, as SMRs require lower upfront investments for a unit, and additional capacity may be built over time.

The ability to add modules incrementally in multi-module SMRs provides economies of series production. This, in turn, could permit investors and operators to adjust to the changes in demand for electricity and budgetary constraints to reduce financial risks. These factors are expected to drive the demand for SMRs for deployment in multi-module power plants.

Competitive landscape

NuScale Power, LLC (US), Westinghouse Electric Corporation (US), GE Hitachi Nuclear Energy (US), Terrestrial Energy Inc. (Canada), and Moltex Energy (Canada) are a few of the major players in the small modular reactor market.

Premium Insights

  • Low Cost of SMRs due to Modularization and Factory Construction is Expected to Drive Small Modular Reactor Market During 2021-2030
  • Small Modular Reactor Market in Asia-Pacific to Grow at Highest CAGR During Forecast Period
  • Water Segment to Account for Largest Market Share, by Coolant, in 2030
  • Light-Water Reactors Accounted for Largest Market Share, by Type, in 2021
  • Off-Grid Segment Held Larger Share of Small Modular Reactor Market, by Connectivity, in 2021
  • Multi-Module Power Plant Held Larger Share of Small Modular Reactor Market, by Deployment, in 2021
  • Land Segment Dominated Small Modular Reactor Market, by Location, in 2021
  • Industrial Segment Dominated Small Modular Reactor Market, by Application, in 2021
  • Light-Water Reactors and China Were Largest Shareholders in Small Modular Reactor Market in Asia-Pacific in 2021

Market Dynamics

Drivers

  • Versatile Nature of Nuclear Power
  • Benefits of Modularization and Factory Construction

Restraints

  • Stringent Regulatory Policies and Standards to Deploy SMRs
  • Negative Public Perception of Nuclear Power Technology

Opportunities

  • Progression into Sustainable Future with Net Zero Emission and Decarbonization of Energy Sector
  • Integration of SMRs with Renewable Energy Sources

Challenges

  • Lack of Standard Licensing Process

Trends/Disruptions Impacting Customers' Businesses

  • Revenue Shift and New Revenue Pockets for Small Modular Reactor Market Players

Supply Chain Analysis

  • Component Manufacturers
  • Small Modular Reactor Manufacturers
  • Small Modular Reactor Support Service Providers/ Integrators
  • End-users

Company Profiles

Key Players

  • Westinghouse Electric Company LLC
  • Nuscale Power, LLC
  • Terrestrial Energy Inc.
  • Moltex Energy
  • GE Hitachi Nuclear Energy
  • X Energy, LLC
  • Holtec International
  • General Atomics
  • Arc Clean Energy, Inc.
  • Leadcold Reactors
  • Rolls-Royce PLC
  • Ultra Safe Nuclear
  • Toshiba Energy Systems & Solutions Corporation
  • Tokamak Energy Ltd.
  • SNC-Lavalin Group

Other Players

  • Afrikantov OKB Mechanical Engineering
  • China National Nuclear Corporation
  • Framatome
  • U-Battery
  • Seaborg Technologies

For more information about this report visit https://www.researchandmarkets.com/r/w1maau


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that, through an affiliate Martin ELSA Investment LLC, it has entered into definitive agreements with Samsung C&T America, Inc. and Dongjin USA, Inc., an affiliate of Dongjin Semichem Co., Ltd., to form DSM Semichem LLC (“DSM”). DSM will produce and distribute electronic level sulfuric acid (“ELSA”). By leveraging the existing assets of MMLP located in Plainview, Texas and installing additional facilities (the “ELSA Facility”) as required, DSM will produce ELSA that meets the strict quality standards required by the recent advances in semiconductor manufacturing. In addition to owning a 10% non-controlling interest in DSM, the Partnership will be the exclusive provider of feedstock to the ELSA facility. MMLP, through its affiliate Martin Transport, Inc., will also provide land transportation services to end-users of the ELSA produced by DSM.

Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of MMLP stated, “We are excited to partner with Samsung C&T America, Inc. and Dongjin USA, Inc. in this unique opportunity to capitalize on the diverse and complimentary skillsets, operating expertise, and vast market knowledge of the three parties. The new facilities will incorporate technology currently being utilized to produce ELSA in Taiwan, which exceeds the quality of sulfuric acid being produced in the United States today.

“This strategic alliance allows the Partnership to capitalize on our existing asset base to participate in the manufacturing and transportation supply chain of the most advanced and power-efficient chip technology to date. ELSA supply presently sourced in the U.S. does not meet current domestic demand, and with announced new fabrication and existing fabrication facility expansions, we anticipate an attractive market for the ELSA produced in Plainview.”

Assuming growth capital investments of approximately $20 million, the Partnership expects to realize annual distributable cash flow of $5 to $6 million from both the improvements to the existing assets and its interest in DSM. The ELSA facility is estimated to start-up in the first quarter of 2024.

The Partnership will fund the capital improvements and the contribution to DSM through a long-term land lease and using available capacity under its revolving credit facility.

About Martin Midstream Partners

Martin Midstream Partners L.P. is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region. The Partnership's primary business lines include: (1) terminalling, processing, storage, and packaging services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) natural gas liquids marketing, distribution, and transportation services.

Additional information concerning Martin Midstream is available on its website at www.MMLP.com.

About Samsung C&T America

Samsung C&T America, Inc. (SCTA), is a global trading and investment company that functions as an independent American subsidiary of the Samsung C&T Corporation Trading & Investment Group. Since the subsidiary was opened in New York in 1964, SCTA has been engaged in the trading of industrial materials and operates thermal power generation and renewable energy projects across North, South, and Central America. The Trading & Investment Group operates globally in trading and project organizing with a network of 70 offices in 42 countries. It pursues and develops businesses around the world in the areas of chemicals, steel, energy, and materials.

About Dongjin Semichem Co., Ltd.

Dongjin Semichem Co., Ltd. is a publicly traded global manufacturer of fine chemicals headquartered in Seoul, Korea. With operations across Asia, Europe, and the United States, Dongjin holds an industry-leading portfolio of products for diverse applications in the electronic materials industry. Dongjin’s major product lines include display materials, semiconductor materials, and renewable energy materials. The company also operates a separate business unit specializing in foaming agents. Since its founding in 1967, Dongjin has been committed to enabling technological development as a pioneer of the Korean fine chemical industry.

MMLP-E


Contacts

Sharon Taylor – Chief Financial Officer
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(877) 256-6644

Anovion, a leader in supplying U.S. Critical Mineral Synthetic Graphite for Lithium-Ion Batteries, accelerates plans to scale capacity, create jobs, and secure the domestic supply chain for our clean energy future

NIAGARA FALLS, N.Y.--(BUSINESS WIRE)--Anovion Battery Materials (“Anovion” or the “Company”), an advanced battery materials business with North America’s first commercially operational capacity for synthetic graphite anode material, announced today that it has been selected to receive a $117 million grant under the Bipartisan Infrastructure Law. This is the first set of projects funded by the President’s Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This grant nomination is part of a once-in-a-generation investment in infrastructure, which will grow a more sustainable, resilient, and equitable economy by enhancing U.S. competitiveness, creating new energy economy jobs, and better access to these economic benefits for communities.


We are thrilled to have been recognized as a nominee for the Infrastructure Grant opportunity. This grant consideration will enable Anovion to expedite its ongoing investments in expansion to advance the company’s mission of growing a resilient, secure and sustainable North American lithium-ion battery supply chain,” said Eric Stopka, Chief Executive Officer of Anovion. “This nomination affirms Anovion’s commitment to creating a meaningful, positive impact on the environment, communities where we currently and plan to operate, people we employ, and the broader clean-energy economy. Anovion’s existing qualified commercial products, process technologies, focus on R&D, and experienced team uniquely position this project for success.”

Anovion plans to build a new, large-scale manufacturing facility producing 35,000 tons per annum of synthetic graphite anode materials for lithium-ion batteries used in electric vehicles (EV), energy storage systems, personal e-mobility, medical devices and military and aerospace, as well as other industrial applications. This U.S.-owned and operated, state-of-the-art manufacturing plant will be the first of its scale in North America, creating hundreds of high-quality clean energy jobs in communities previously impacted by offshoring over the years. This project will supplement the expansion of Anovion’s existing manufacturing capacity near Niagara Falls, NY, notably the only qualified U.S. source of battery-grade synthetic graphite anode material commercially shipping product today.

The country’s ability to produce synthetic graphite battery anode materials is essential to competitiveness across many industries as batteries are critical to the ongoing transition to the new energy economy, enabling decarbonization, lower energy costs, and resilient power grids. The automotive industry has rapidly increased its investments and commitment to electric powertrains, causing domestic demand for synthetic graphite battery anode materials to skyrocket. Establishing a domestic lithium-ion battery supply chain directly impacts several strategic imperatives, including national security interests, a robust economic growth, and environmental stewardship.

Mr. Stopka added, “Our sincere thanks to customers, partners, community, stakeholders, suppliers, and employees that came together to make this exciting moment in Anovion’s history a possibility and we look forward to sharing continued progress as we work to grow a resilient, secure and sustainable North American battery supply chain. This grant represents an enormous vote of confidence in the critical work our team is dedicated to advancing every day.”

The Monomyth Group, a diversified holding company that provides long-term, partner capital to help companies reach potential, is a majority investor in Anovion. Amsted Industries, an employee-owned diversified global manufacturer of industrial components for the rail, automotive, commercial vehicle, and construction markets, is the minority investor.

About Anovion Battery Materials

Headquartered in Chicago, Illinois, Anovion brings more than 140 years of experience in the production of synthetic graphite materials. Now a leader in synthetic graphite lithium-ion battery anode materials innovation and manufacturing, Anovion’s products were the first made in North America to gain qualification for EV applications. Commercial production commenced in early 2021 and Anovion continues to operate the largest manufacturing capacity available today. Product qualification testing continues with leading automotive electric vehicle OEMs, battery cell suppliers, and many others. Anovion plans capacity expansion targeting up to 150,000 tons per annum of finished product by 2030.

Responsible and sustainable domestic sourcing and processing of the critical materials used to make lithium-ion batteries will strengthen American supply chains, accelerate battery production to meet increased demand, and secure the nation’s economic competitiveness, energy independence, and national security. The funding announced today by the Department of Energy is the first phase of over $7 billion in total provided by the President’s Bipartisan Infrastructure Law for the battery supply chain. DOE’s Office of Manufacturing and Energy Supply Chains (MESC) is responsible for strengthening and securing manufacturing and energy supply chains needed to modernize the nation’s energy infrastructure and support a clean and equitable energy transition. MESC will manage the portfolio of projects with support from DOE’s Office of Energy Efficiency and Renewable Energy’s Vehicle Technologies Office.

For more information on Anovion, visit www.anovion-anode.com

Monomyth Group

Following a long career on Wall Street, Chip Dunn founded Monomyth Group in Chicago, Illinois in 2017 as a diversified holding company to pioneer the new concept of monomyth capital — a blueprint not bound by the traditional conventions of venture capital or private equity, not just growth capital and not simply buyout funds or acquisition finance — but the capital a business needs over its entire journey through evolution and transformation, development and restructuring, recapitalization and transactional. It is flexible capital for the long-term focused on control or structured minority stakes; it is partner capital for entrepreneurs, founders, business owners, and management teams, investing almost always alongside like-minded families or other long-term capital sources and predominantly targeting production-based and services-oriented companies in North America and Europe. Monomyth Group leverages this blueprint for monomyth capital, its solutions-based framework for corporate strategy provided by MAITS TM and its global relationship network on behalf of affiliate companies to focus on value creation of an indefinite holding period. For more information, please visit www.monomythgroup.com.

Amsted Industries

Amsted Industries is an employee-owned diversified global manufacturer of industrial components for the rail, automotive, commercial vehicle, and construction markets. Combining leading-edge manufacturing processes with a history of continuous innovation, Amsted is a leader in each of the market segments it serves. Through its culture of employee ownership, Amsted delivers premium value to customers and seeks to improve the communities in which it operates.


Contacts

Media
Jennifer Nardicchio
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MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) highlights its 47 years of consecutive dividend increases in its investor newsletter, Inside View, which also includes the following topics:


  • MGE's clean energy investments
  • MGE top-ranked for electric reliability
  • MGE receives safety award

The newsletter is available on MGE Energy's website at:

http://www.mgeenergy.com/insideview

Inside View is published periodically to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric.

About MGE Energy

MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties. MGE Energy's assets total approximately $2.4 billion, and its 2021 revenues were approximately $607 million.


Contacts

Investor relations contact
Ken Frassetto
Director Shareholder Services and Treasury Management
608-252-4723 | This email address is being protected from spambots. You need JavaScript enabled to view it.

GLEN ALLEN, Va. & COLUMBIA, Md.--(BUSINESS WIRE)--EDF Renewables North America and Old Dominion Electric Cooperative (ODEC) today announced the start of construction on 22.5 megawatts (MW) of local solar projects representing the first phase of projects across the ODEC member service territories in Virginia and Delaware. The total portfolio will add approximately 50 MW to several ODEC member communities while at the same time providing regional and energy diversification to the cooperative’s generation portfolio.


ODEC entered into an agreement with EDF Renewables in 2019 to develop a portfolio of local solar projects across the territories of ODEC’s 11 retail distribution cooperative members. The energy generated will be purchased by the cooperative at a fixed rate through Power Purchase Agreements (PPA).

Project Name

Interconnecting Utility

System Size (MW DC)

Monroe Solar

Mecklenburg Electric Cooperative

2.8

Randolf Solar

Shenandoah Valley Electric Cooperative

4.2

Hemings Solar

Northern Neck Electric Cooperative

6.5

Small Mouth Bass Solar

BARC Electric Cooperative

3.2

Diamond State Solar

Delaware Electric Cooperative

5.8

“ODEC is thrilled to announce the commencement of construction for the first phase of our local solar projects,” said Marcus Harris, ODEC’s President and CEO. “We look forward to adding these clean energy projects to our portfolio as we work to achieve our carbon reduction goals while providing reliable and affordable power to the rural communities we serve.”

“Our unique partnership with ODEC allows for the optimal siting of distribution-scale projects that can deliver maximum savings for ODEC’s members through locally sourced clean energy,” said Myles Burnsed, EDF Renewables, Vice President of Strategic Developments for Distribution-Scale Power. “We look forward to completing this first phase and are excited to continue our joint efforts to bring distributed solar to ODEC's members.”

EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distribution-scale power: solar and storage; and asset optimization: technical, operational, and commercial expertise to maximize performance of generating projects. The Company’s PowerFlex subsidiary offers a full suite of onsite energy solutions for commercial and industrial customers: solar, storage, EV charging, energy management systems, and microgrids. EDF Renewables’ North American portfolio consists of 24 GW of developed projects and 13 GW under service contracts. EDF Renewables North America is a subsidiary of EDF Renouvelables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com. Connect with us on LinkedIn, Facebook and Twitter.

About ODEC:

Headquartered in Glen Allen, Virginia, ODEC is a not-for-profit, member-owned, power supply cooperative. It supplies the wholesale power requirements of its 11-member electric distribution cooperatives, which provide sustainable, reliable, safe, and affordable electricity to 1.5 million people in 70 counties in Virginia, Maryland and Delaware. Learn more at www.odec.com


Contacts

Sandi Briner, This email address is being protected from spambots. You need JavaScript enabled to view it.
Kirby Jordan, This email address is being protected from spambots. You need JavaScript enabled to view it.

As the city’s top clean energy supplier, Avantus is helping Los Angeles build a 100% renewables grid and usher in the nation’s clean energy future

LOS ANGELES--(BUSINESS WIRE)--#cleanenergy--Dr. Tom Buttgenbach, founder and CEO of clean energy leader Avantus, has been named to the Board of Directors for the Los Angeles Business Council (LABC), one of the most effective and influential business voices in California. For over 80 years, the LABC has had a major impact on public policy by harnessing the power of business and government to promote progress in the Los Angeles region in the areas of energy, housing and economic development.


“Avantus has a strong commitment to Los Angeles and our clean energy future, which is why we are so pleased to have Dr. Buttgenbach join the LABC Board,” said Mary Leslie, LABC president. “He shares our belief that sustainability and economic growth go hand in hand and we are excited for Dr. Buttgenbach to build upon on our progress here in Los Angeles and help us reach the city’s goals of running on 100% renewables by 2035.”

Dr. Buttgenbach joins leaders from UCLA, Los Angeles Department of Water and Power (LADWP), Cedars-Sinai Health System and other leading organizations on the LABC Board. He has also regularly served as a panel speaker at the organization’s annual Sustainability Summit, a high-level convening of leaders in one of the most environmentally forward-thinking cities of the world.

Avantus (formerly 8minute) is Los Angeles’ leading supplier of clean energy, with approximately 10% of the city’s daytime energy provided by solar projects developed and built by the company. Its track record in California has led the industry towards unprecedented milestones, including developing the largest solar cluster in the nation and the first operating solar plant to beat fossil fuel prices.

A critical player in achieving the state’s ambitious clean energy goals, Avantus is on track to provide more than half of California’s utility-scale solar and energy storage demand over the next decade.

“I am proud to be a part of the LABC Board and help advance its impressive leadership on renewable energy, in our hometown and beyond. Los Angeles is the driving force in our nation’s energy transition, supporting innovation and bold expansion of large-scale, high-impact projects, which is core to what we do at Avantus. We look forward to partnering with LABC and other stakeholders to help meet Los Angeles’ goal of 100% clean energy by 2035, and the state to reach that benchmark by 2045,” said Dr. Buttgenbach. “LABC is a bold leader in the business community on embracing sustainable business practices. We know confronting the realities of climate change head-on is not a business limitation, but a competitive advantage. The energy transition is spurring innovation that will continue to set Los Angeles and California apart as global leaders for decades to come.”

Avantus counts every major utility and energy provider in California and Nevada among its customers, including LADWP, Clean Power Alliance and Southern California Edison (SCE). With more than 90 projects currently in development, Avantus has one of the largest pipelines of solar and energy storage projects in the United States, exceeding 50 gigawatts (GW) of system capacity, including 42 GW of solar and 78 gigawatt-hours (GWh) of energy storage, enough to provide clean, reliable power for more than 30 million people throughout California, Texas and the Southwestern United States.

ABOUT AVANTUS

Avantus is shaping the future by making reliable, accessible clean energy a global reality. Our legacy of leadership in next generation solar energy includes developing the nation’s largest solar cluster and the first plant to beat fossil fuel prices. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing 30 million people with low-cost, zero-emission energy – day and night. Through our relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.

For more information, please visit www.avantus.com, and follow Avantus on Twitter and LinkedIn.


Contacts

Katie Struble
Director, Corporate Communications
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Unique Give-A-Ray program increasing access to renewable energy

CHICAGO--(BUSINESS WIRE)--#ComEd--ComEd today announced that subscribers to three community solar projects designed for income-eligible customers are now receiving credits that will provide approximately $1,000 a year in savings on their electricity bills for up to three years.

The projects – one in Rockford, Ill., and two in Kankakee, Ill. – were developed in conjunction with ComEd’s Give-A-Ray program, a new offering enabled by Illinois Solar for All, a state initiative to make solar energy more affordable for income-eligible households. Community solar allows customers to participate in the benefits of clean solar energy without installing panels on their own homes. Participants subscribe to a solar energy project and earn credits on their monthly utility bills for their portion of the energy produced by the solar project.

Give-A-Ray is the first program of its kind in Illinois. The three projects serve a total of more than 560 customers, and ComEd pays their monthly subscription fees. Subscribers to the Rockford project started receiving monthly bill credits averaging $83 in August, and Kankakee participants began receiving credits in October. Give-A-Ray projects are open to income-eligible residents with an active ComEd account who live in the communities ComEd serves. While the three projects are currently fully subscribed, customers can learn more about the program requirements and register their interest for future openings at: www.ComEd.com/GiveARay.

“We are encouraged to see ComEd customers taking advantage of Give-A-Ray as we continue to increase access to solar energy across northern Illinois, with a focus on our neighbors in under-resourced communities,” said Scott Vogt, vice president of strategy and energy policy at ComEd. “We are closely monitoring these projects and engaging subscribers through this three-year demonstration phase with an eye toward expanding the program. The future is bright for solar in Illinois, and we want everyone to be able to participate regardless of their income.”

“The chance to participate in ComEd’s Give-A-Ray program could not come at a better time given the rising cost of energy and daily living,” said Brenda Booth, who subscribes to the Rockford project. “The savings on our energy bill are real and we’re happy to support the growth of clean energy in our community.”

The Rockford Give-A-Ray project, developed by Trajectory Energy Partners of Illinois and owned and operated by Massachusetts-based Nexamp, Inc., is located on a previously empty field north of downtown. It has more than 6,600 solar panels with 2.6 megawatts (MW) of solar generation capacity. Trajectory Energy also developed the Gar Creek project in Kankakee while BW Fosler, Freeport, Ill., managed construction. The Gar Creek project is located in a low-income neighborhood and its two solar arrays contain a total of 12,000 solar panels with a combined solar generation capacity of 4.8 MW.

“Community solar is unique as it offers customers access to the benefits of clean, solar energy by providing them with meaningful savings on their energy bill,” said Nathaniel Dick, director of energy, Preservation of Affordable Housing, Inc., which supported enrollment in the Gar Creek Solar project. “ComEd’s Give-A-Ray program is the best program we have seen to help reduce the energy burden at sites for low-to-moderate income families, some of whom will have zero-dollar energy bills in the coming months.”

By the end of this year, ComEd expects to have more than 80 community solar projects interconnected to its grid and serving approximately 30,000 residential customers. The company estimates that it will increase solar generation on the ComEd system from a current level of almost 500 MW to 2,700 MW by 2030, including rooftop and community solar systems. The number of residential and business customers who have installed solar systems has grown from 700 at the end of 2016 to almost 30,000 at the end of June 2022.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and with the company on Facebook, Twitter, Instagram and YouTube.


Contacts

ComEd Media Relations
312-394-3500

Highlights:



  • Delivers low-cost, long-endurance, solar-powered ASVs for military and commercial use
  • Enables rapid production at scale to answer urgent operational maritime missions
  • Combines Seasats’ X3 with L3Harris ISR, electronic warfare payloads and other operational solutions for maritime customers

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced today a strategic investment in Seasats, a privately-owned company involved in the design and production of low-cost, solar-powered maritime autonomous surface vehicles (ASV) for military and commercial use.

L3Harris is making its investment to fuel collaborative development and accelerate production of Seasats’ X3 micro-ASV, whose unique design and low-signature waterline makes it difficult to detect by sight and radar. The X3 features stealthy performance and reliable six-month endurance in all weather conditions for a fraction of the price of current small maritime ASVs, and provides a complement to L3Harris’ large and medium-sized ASV offerings.

“Our U.S. Navy customers are pursuing innovative solutions to reliably and efficiently patrol the waters from the Red Sea into the Persian Gulf and we understand their urgent need for proliferated maritime ASV architectures,” said Daniel Gittsovich, Vice President, Corporate Strategy and Development, L3Harris. “Our investment and collaboration with Seasats provides a proven, multi-capability solution for global maritime security challenges.”

Inexpensive, versatile and ideally suited to host a variety of maritime payloads, the X3 is well positioned to enhance the counter-piracy, mine clearing, intelligence, surveillance and reconnaissance, and electronic warfare solutions L3Harris already provides its customers.

Seasats can also serve commercial clients by pairing platforms and sensors to enable advanced hydrographic surveys, infrastructure monitoring, and scientific discovery. Future collaboration and technology sharing between L3Harris and Seasats has the potential to increase the autonomous capabilities, artificial intelligence and endurance of the X3 while cutting production time up to 75 percent.

“The L3Harris team recognized the value in pairing their payloads and sensors with our versatile platform because together they create an operations-ready solution for a wide range of critical military and commercial uses,” said Mike Flanigan, CEO of Seasats. “Our previous tests and demonstrations with the Navy were enthusiastically received and we are looking forward to making collaborative improvements with L3Harris as we prepare for operational capabilities testing with Task Force 59 in the Arabian Peninsula next year.”

The U.S. Navy 5th Fleet commander, Vice Admiral Brad Cooper, recently announced a goal to have at least 100 unmanned surface vessels patrolling the Arabian Peninsula by mid-2023. Earlier this year the Navy invited Seasats to participate in its “Digital Horizon 2022” exercise designed to develop maritime domain awareness and accelerate the Navy's robotic and artificial intelligence maritime capabilities.

About L3Harris Technologies

L3Harris Technologies, an agile global aerospace and defense technology innovator, delivers end-to-end solutions meeting our customers’ mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has more than $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions, including the impact of the investment in Seasats. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about technology capabilities and future performance are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


Contacts

Paul Swiergosz
Corporate
This email address is being protected from spambots. You need JavaScript enabled to view it.
321-378-5631

Company will receive $197 million federal grant through the Bipartisan Infrastructure Law for investment in cathode active material manufacturing facility in St. Louis

TEL AVIV, Israel & ST. LOUIS--(BUSINESS WIRE)--ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis. This is expected to be the first large-scale LFP material manufacturing plant in the United States. The company was awarded $197 million through the Bipartisan Infrastructure Law funding, which is subject to the completion of negotiations with the Department of Energy. The plant is expected to be operational by 2024 and will produce high-quality LFP material for the global lithium battery industry, using primarily a domestic supply chain. The LFP plant represents a significant expansion of ICL’s energy storage portfolio and demonstrates the company’s commitment to developing high-quality specialty products for agricultural, food and industrial applications.


While the demand for lithium batteries continues to grow, currently there are no large-scale manufacturers of LFP material in the United States. By 2025, the share of LFP batteries is expected to reach more than 30% of all battery shipments. Electric vehicle (EV) adoption is a key driver for the LFP battery market, as this industry and others – such as stationary grid storage and EV charging infrastructure – continue to look for more sustainable, safer and cost-effective solutions. By 2030, Cairn ERA forecasts global demand for the Li-ion battery market will reach more than 2,725 GWh, for a market value of more than $240 billion.

LFP is a critical solution for the U.S. energy-storage, mobility and infrastructure market,” said Phil Brown, president of Phosphate Specialties and managing director of North America for ICL. “The $197 million investment from the Department of Energy is crucial to building a domestic manufacturer, which can compete globally while providing a much-needed safety net for American manufacturers in the EV, battery and energy-storage industries.”

ICL’s 120,000-square-foot LFP plant is expected to have two production lines built in two phases under a single roof. Each production line will be capable of producing 15,000 metric tons of LFP material per year. Phase one is expected to be complete by 2024, and full production of 30,000 metric tons is expected by 2025. The new plant will be located on ICL’s existing Carondelet campus in St. Louis.

ICL partners for the project will include Aleees, which will provide the state-of-the-art LFP process technology, and McCarthy, which will oversee the management of general contracting and is also based in St. Louis. The local community will benefit not only through more than 150 high-paying union and professional jobs, but also as ICL expands its active role in developing the next generation of ICL employees.

About the Funding from the Department of Energy

ICL is a recipient of the first set of projects funded by President Biden’s Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Responsible and sustainable domestic sourcing and processing of the critical materials used to make lithium-ion batteries will strengthen American supply chains, accelerate battery production to meet increased demand, and secure the nation’s economic competitiveness, energy independence, and national security. The funding by the Department of Energy is the first phase of over $7 billion in total provided by the President’s Bipartisan Infrastructure Law for the battery supply chain. DOE’s Office of Manufacturing and Energy Supply Chains (MESC) is responsible for strengthening and securing manufacturing and energy supply chains needed to modernize the nation’s energy infrastructure and support a clean and equitable energy transition. MESC will manage the portfolio of projects with support from DOE’s Office of Energy Efficiency and Renewable Energy’s Vehicle Technologies Office.

About ICL

ICL Group is a leading global specialty minerals company, which creates impactful solutions for humanity's sustainability challenges in the global food, agriculture and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its passionate team of talented employees, and its strong focus on R&D and technological innovation, to drive growth across its end markets. ICL shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs more than 12,000 people worldwide, and its 2021 revenues totaled approximately $7 billion.

For more information, visit ICL's website at www.icl-group.com.
To access ICL's interactive ESG report, please click here.
You can also learn more about ICL on Facebook, LinkedIn and Instagram.
For more information about Aleees, please visit https://www.aleees.com/en/.
For more information about McCarthy, please visit https://www.mccarthy.com/.

Forward Looking Statements

This announcement contains statements that constitute forward‑looking statements, many of which can be identified by the use of forward‑looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others.

Funding from the Department of Energy is contingent on completion of negotiations with the Department of Energy, and the execution of a definitive agreement between ICL-IP America Inc. and the Department.

Forward-looking statements appear in this press release and include, but are not limited to, statements regarding the company’s intent, belief or current expectations. Forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: estimates, forecasts and statements as to management's expectations with respect to, among other things, business and financial prospects, financial multiples and accretion estimates, future trends, plans, strategies, positioning, objectives and expectations, general economic, market and business conditions, supply chain and logistics disruptions, energy storage and electric vehicle growth, the potential for new COVID-19 variants, global unrest and conflict, governmental and regulatory requirements and actions by governmental authorities, including changes in government policy, changes in environmental, tax and other laws or regulations and the interpretation thereof. As a result of the foregoing, readers should not place undue reliance on the forward‐looking statements contained in this press release concerning the timing of the transaction, or other more specific risks and uncertainties facing ICL, such as those set forth in the “Risk Factors” section of its Annual Report on Form 20-F filed on February 23, 2022, as such risk factors may be updated from time to time in its Current Reports on Form 6-K and other filings ICL makes with the U.S. Securities and Exchange Commission from time to time.

Forward-looking statements refer only to the date they are made, and the company does not undertake any obligation to update them in light of new information or future developments or to publicly release any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of unanticipated events.


Contacts

Investor Contact – Global
Peggy Reilly Tharp
VP, Global Investor Relations
+1-314-983-7665
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Investor/Press Contact - Israel
Adi Bajayo
ICL Spokesperson
+972-3-6844459
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Press Contact
Patrick Barry
BYRNE PR
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DUBLIN--(BUSINESS WIRE)--The "Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.


This report on the global rooftop solar PV market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031.

Companies Mentioned

  • Pristine Sun LLC
  • Solimpeks Corp.
  • Sharp Corporation
  • Trina Solar Limited
  • KYOCERA Corporation
  • JA Solar Co., Ltd.
  • Yingli Solar
  • Vikram Solar Limited
  • Canadian Solar Inc.
  • RelyOn Solar Pvt Ltd
  • Sunshot Technologies

The report provides revenue of the global rooftop solar PV market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global rooftop solar PV market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the rooftop solar PV market.

Secondary research also includes internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global rooftop solar PV market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global rooftop solar PV market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global rooftop solar PV market.

The report delves into the competitive landscape of the global rooftop solar PV market. Key players operating in the global rooftop solar PV market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global rooftop solar PV market profiled in this report.

Key Topics Covered:

1. Executive Summary

2. Market Overview

2.1. Market Segmentation

2.2. Market Indicators

2.3. Market Definitions

2.4. Market Dynamics

2.4.1. Drivers

2.4.2. Restraints

2.4.3. Opportunities

2.5. Porter's Five Forces Analysis

2.6. Value Chain Analysis

2.6.1. List of Potential Customers

3. COVID-19 Impact Analysis

4. Rooftop Solar PV Market Production Outlook

5. Rooftop Solar PV Price Trend Analysis, 2020-2031

5.1. By Application

5.2. By Region

6. Global Rooftop Solar PV Market Analysis and Forecast, by Application, 2020-2031

6.1. Introduction and Definitions

6.2. Global Rooftop Solar PV Market Volume (MW) and Value (US$ Bn) Forecast, by Application, 2020-2031

6.2.1. On-grid

6.2.2. Off-grid

6.3. Global Rooftop Solar PV Market Attractiveness, by Application

7. Global Rooftop Solar PV Market Analysis and Forecast, by Region, 2020-2031

7.1. Key Findings

7.2. Global Rooftop Solar PV Market Volume (MW) and Value (US$ Bn) Forecast, by Region, 2020-2031

7.2.1. North America

7.2.2. Europe

7.2.3. Asia Pacific

7.2.4. Latin America

7.2.5. Middle East & Africa

7.3. Global Rooftop Solar PV Market Attractiveness, by Region

8. North America Rooftop Solar PV Market Analysis and Forecast, 2020-2031

9. Europe Rooftop Solar PV Market Analysis and Forecast, 2020-2031

10. Asia Pacific Rooftop Solar PV Market Analysis and Forecast, 2020-2031

11. Latin America Rooftop Solar PV Market Analysis and Forecast, 2020-2031

12. Middle East & Africa Rooftop Solar PV Market Analysis and Forecast, 2020-2031

13. Competition Landscape

13.1. Global Rooftop Solar PV Company Market Share Analysis, 2021

13.2. Competition Matrix

13.3. Market Footprint Analysis

13.3.1. By Raw Material

13.3.2. By Application

13.4. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)

14. Primary Research: Key Insights

15. Appendix

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


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated August 12, 2021 to its short form base shelf prospectus dated August 5, 2021

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (TSX: EMA) and its wholly owned subsidiary, Nova Scotia Power Incorporated (NS Power), are responding to legislation announced today by Premier Tim Houston on behalf of the Government of Nova Scotia which will impose constraints on the planned capital investments and operational costs of Nova Scotia Power. If passed, the legislation would pre-empt the pending decision of Nova Scotia’s independent regulator, the Utility and Review Board (UARB), and would limit a non-fuel rate increase to a total of 1.8% between now and the end of 2024. The rate application was NS Power’s first request to increase non-fuel rates in 10 years.


“We are deeply concerned about today’s proposed legislation,” said Scott Balfour, President & CEO of Emera Inc. “Our customers in Nova Scotia count on us for their energy needs and they remain our priority. We understand the affordability concerns of our customers and we also know they are concerned about reliability and providing cleaner energy for Nova Scotians. This proposed legislation imposes a limit on the investments NS Power planned to make for the benefit of customers over the next two years.”

The proposed legislation overrides Nova Scotia’s robust regulatory process, disregarding the collective input of stakeholders, customers and industry experts. It will limit funding for important investments in the performance and reliability of Nova Scotia’s electrical grid to address the impacts of climate change, support electrification initiatives and integrate more intermittent renewables onto the system.

“As Hurricane Fiona demonstrated, investment in the reliability of Nova Scotia’s grid and in meeting our 2030 renewable energy goals are essential, and those are the core elements of our rate application,” said Peter Gregg, President and CEO, NS Power. “This proposed rate cap severely impacts and, in some cases, likely cancels these investments, thereby increasing the risk to Nova Scotia’s electrical grid, as well as to NS Power’s ability to respond to major storms in the future. We fully recognize our responsibility to keep bills as low as possible for customers, but this action overlooks the importance of sustaining the grid over the long-term.”

“Capping non-fuel rates also limits necessary investments to meet carbon reduction targets, including the Government of Nova Scotia’s own ambitious goals to reach 80% renewable energy by 2030 and the government’s accelerated goal to be off coal by 2030,” said Gregg. “The capital investment and operating cost impacts directly resulting from this proposed legislation will impact our plans to help the province meet these targets.”

NS Power applied for an increase in non-fuel rates in January 2022. The application and public hearing with Nova Scotia’s independent regulator included 30,000 pages of evidence, the testimony of numerous industry experts, and the direct involvement of stakeholder groups representing NS Power’s residential, commercial and industrial customers, government and environmental organizations. A decision on the rate application is expected later this year.

NS Power has been recognized by third-party benchmarking studies as one of the most cost efficient among its peers in North America, which has supported NS Power’s ability to avoid non-fuel rate increases since 2012. This legislation will require NS Power to reduce its operating costs and capital spending plans for both 2023 and 2024. Achieving further operating cost reductions, and the constraint this proposed legislation imposes on capital spending, will affect customer reliability and service levels. NS Power will, as always, work to provide the best levels of system performance, safety and customer service it can within the constrained cost profile imposed by this proposed legislation.

Required actions to address the impact of this proposed legislation are likely to include:

  • A material reduction in NS Power’s approximate $1 billion of planned capital investments over the 2023-2024 period, with a priority focus on investments required for the safe operation of the system. The reductions imposed by this legislation will impede Emera and NS Power’s ability to advance clean energy investments in the province which were specifically required to meet shared 2030 decarbonization goals. This includes planned investments such as wind generation, grid scale batteries, and enhancements to the interprovincial transmission system. An updated rate base investment forecast and related funding plan will be shared with investors and analysts during Emera Inc.’s Q3 earnings call on November 11, 2022.
  • A reduction in operating costs, including the cancellation of 60 new reliability-related jobs outlined in NS Power’s 2022 general rate application. These front-line positions were focused specifically on reliability and system performance improvements.

NS Power represented approximately 15% of Emera’s operating earnings (before corporate costs) in 2021. The imposed rate cap will have a direct and negative impact on the expected financial performance of NS Power such that it is not expected to earn within its currently allowed return on equity band in 2023 and 2024 at the currently approved equity ratio of 37.5%.

Emera will take certain actions to mitigate the impact of this legislation to investors and to address the heightened risk profile of investments in Nova Scotia, including:

  • Optimization of Emera’s investment in NS Power’s capital structure to the minimum required level of equity investment.
  • Redeployment of the equity previously earmarked for investment in NS Power to other Emera Inc. operations outside Nova Scotia. This will reduce Emera’s equity funding needs over this period.

“Beyond these necessary steps, this government action requires Emera to shift our perspective on future investment in Nova Scotia,” said Balfour.

Emera and Nova Scotia Power will work over the coming days and weeks to understand the full impact of the proposed legislation including the fundamental investment reductions and risks to system reliability and service levels that it imposes.

Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information requires Emera and NS Power to make assumptions and is subject to inherent risks and uncertainties. These statements reflect Emera management’s and NS Power management’s current beliefs and are based on information currently available to Emera management and to NS Power management. There is a risk that predictions, forecasts, conclusions and projections that constitute forward-looking information will not prove to be accurate, that Emera’s and NS Power’s assumptions may not be correct and that actual results may differ materially from such forward-looking information. Additional detailed information about these assumptions, risks and uncertainties is included in Emera’s and NS Power’s securities regulatory filings, including under the heading “Enterprise Risk and Risk Management” in Emera’s and in NS Power’s annual Management’s Discussion and Analysis, and under the heading “Principal Financial Risks and Uncertainties” in the notes to Emera’s and to NS Power’s annual and interim financial statements, which can be found on SEDAR at www.sedar.com.

About Emera Inc.
Emera is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $36 billion in assets and 2021 revenues of more than $5.7 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in three Caribbean countries. Additional information can be accessed at www.emera.com or at www.sedar.com.

About Nova Scotia Power
Nova Scotia Power Inc. is a wholly owned subsidiary of Emera Inc. (TSX-EMA), a diversified energy and services company. Nova Scotia Power provides 95% of the generation, transmission and distribution of electrical power to more than 540,000 residential, commercial and industrial customers across Nova Scotia. The company is focused on new technologies to enhance customer service and reliability, reduce emissions and add renewable energy. Nova Scotia Power has over 2,000 employees and $4.5 billion in operating assets. Learn more at www.nspower.ca.


Contacts

Media:
Dina Seely
902-428-6951
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