Chrissey Hayes is recognized for leading several HR initiatives contributing to substantially improved employee satisfaction

OREM, Utah & HOUSTON--(BUSINESS WIRE)--#30WomenToWatch--Avetta, the leading provider of supply chain risk management (SCRM) software, is proud to announce that its vice president of talent development, Chrissey Hayes, is named a Utah Business Magazine 2022 30 Women to Watch honoree.

Each year, Utah Business celebrates 30 exemplary women leading the way in business, law, education and more.

Hayes is being honored for shifting the culture at Avetta to one of coaching, mentoring and leadership to develop talent from within. She has implemented initiatives like formal talent development, leadership training, talent review processes and more. Her efforts have helped increase employee satisfaction by eight percentage points.

“Chrissey Hayes has strengthened the company culture at Avetta by encouraging critical conversations, at all levels in the organization, about personal development and offering education and tools on the backend to support those goals,” said Aaron Wattam, chief human resources officer at Avetta. “She helps Avetta employees succeed by inspiring, uniting and driving them toward a common purpose.”

Hayes’ investment in Avetta employees is paying off. Employee satisfaction surveys indicate that satisfaction at Avetta increased eight total percentage points on questions pertaining to career development/advancement. For reference, a two-point increase is a marked improvement, so an eight-point improvement is exceptional and uncommon. Avetta had 110 in-line or new position promotions across the organization in 2021, up from less than 30 the previous year.

Hayes also secured a partnership with Avetta and The Five Network—a digital platform that connects talented and diverse kids from under-resourced communities to Avetta employees for mentoring and networking opportunities.

In her free time, she helps run a 501(c) nonprofit called Kids Heroes Foundation—a group of about 30 volunteers who bring superheroes to life for children in need. The foundation partners with organizations such as Make-A-Wish Foundation, Primary Children's Hospital and more to help the healing process for children facing long-term illness or other traumatic circumstances.

Hayes was honored at the Utah Business event today. A complete list of 30 Women to Watch can be found here.

About Avetta

The Avetta SaaS platform helps clients manage supply chain risk and their suppliers to become more qualified for jobs. For the hiring clients in our network, we offer the world’s largest supply chain risk management network to manage supplier safety, sustainability, worker competency and performance. We perform contractor prequalification and worker competency management across major industries, all over the globe, including construction, energy, facilities, high tech, manufacturing, mining and telecom.

For suppliers in our network, our audit and verification services help lower their safety incidents rate by 29%. As a result, nearly 50% of members find additional job opportunities within the first year of joining. In addition, our suppliers receive privileged access to the Avetta Marketplace, where dozens of partners offer special discounts for business services like insurance and work gear. Avetta serves 500+ enterprise companies and 125,000+ suppliers across 120+ countries.

Visit https://www.avetta.com/ for more information.

SnappConner PR
Mark Fredrickson, +1 801-806-0161
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Avetta
McKenzie Jo Asalone, +1 360-903-9766
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Planned Meetings through August also listed

HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority will hold its regular monthly meeting on Tuesday, May 24, 2022. It will be conducted as a hybrid meeting and will start at 9:15 a.m. The Commissioners, executive leadership, and legal counsel will be present in the boardroom of the Port Authority Executive Office Building, located at 111 East Loop North, Houston, TX 77029.

The meeting is open to the public to attend. However, the meeting can also be accessed virtually via WebEx webinar.

The agenda and the instructions to access Port Houston public meetings are available at https://porthouston.com/leadership/public-meetings/.

Please note the following upcoming planned Port Houston public meetings (subject to change):

Sign up for public comment is available up to an hour before these Port Commission meetings by contacting Erik Eriksson at This email address is being protected from spambots. You need JavaScript enabled to view it. or Liana Christian at This email address is being protected from spambots. You need JavaScript enabled to view it.

About Port Houston

For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel – the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S. nation. The more than 200 private and eight public terminals along the federal waterway supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6% of Texas’ total gross domestic product (GDP) – and a total of $801.9 billion in economic impact across the nation. For more information, visit the website: https://porthouston.com/

Lisa Ashley, Director, Media Relations, Port Houston
Office: 713-670-2644; Mobile: 832-247-8179; E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 Research and development would advance the small modular reactors, a proposed sustainable energy solution

CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--Penn State and Westinghouse announced that they will partner on research and development efforts focused on exploring and applying nuclear engineering and science innovations to societal needs. They will also begin discussions about siting Westinghouse’s eVinci™ micro-reactor, a next-generation, small modular reactor designed to address sustainable power needs from immediate use in large communities to decentralized remote applications, at University Park. They signed a memorandum of understanding detailing the partnership at Westinghouse headquarters in Cranberry yesterday (May 18).

“Penn State and Westinghouse share a common vision for the potential of micro reactors to revolutionize industry and energy globally,” said project co-lead Jean Paul Allain, head of the Ken and Mary Alice Lindquist Department of Nuclear Engineering at Penn State. He also holds the Lloyd and Dorothy Foehr Huck Chair in Plasma Medicine in the Huck Institutes of the Life Sciences and serves as a co-hire faculty in the Institute for Computational and Data Sciences. “Our ultimate goal is to drastically reduce carbon-free energy costs in difficult to decarbonize sectors such as industrial manufacturing and transportation, leading a truly transformative change for how and where we power society.”

The eVinci micro-reactor can produce sustainable carbon-free energy and integrate with other renewable power sources, such as solar or wind power. It is also small enough for factory fabrication and truck transportation, meaning it can be built and implemented to support communities without access to reliable energy due to location or natural disaster. Its compact size minimizes the physical footprint and allows for construction and installation in as few as 30 days.

“Our eVinci micro-reactor is a game-changing nuclear battery that can play a critical role in reducing the carbon intensity of the global energy sector,” said Mike Shaqqo, senior vice president of Advanced Reactors at Westinghouse. “Westinghouse and Penn State share a long history of leadership in the nuclear industry and will build on that legacy through this program.”

The collaboration plans build on Penn State’s established nuclear capabilities — such as the Breazeale Nuclear Reactor, the nation’s longest continuously operating research reactor, as well as multi- and interdisciplinary experts in power conversion systems, thermal hydraulics, detection and safeguards, high-temperature nuclear materials, advanced manufacturing, nuclear energy policy, nuclear safety, social adoption of technology and more.

“Together, our aim is to support basic and translational research development to establish a micro nuclear reactor prototype platform to drive technology advances and support wide adoption and deployment of advanced nuclear technologies,” Allain said.

In addition to advancing the eVinci micro reactor for broad applications, the team plans to explore how the platform can contribute to displacing carbon-generating energy sources at Penn State. The Penn State team members, including Azaree Lintereur, assistant professor of nuclear engineering; Amanda Johnsen, assistant professor of nuclear engineering; Elia Merzari, associate professor of nuclear engineering; Saya Lee, assistant professor of nuclear engineering, and William Walters, assistant professor of nuclear engineering, also plan to use the project to drive educational and public outreach efforts.

“This MOU provides a foundation for a sustaining and engaging partnership between Penn State and Westinghouse, and I am excited to see the developments that will result,” said Lora Weiss, senior vice president for research at Penn State, who signed the MOU on behalf of the University.

In addition to Weiss, Allain, Lee and Merzari, Geanie Umberger, associate vice president for research and director of industry research collaborations at Penn State, represented the University at the signing event.

“Such a platform for research and development would help establish a clean technology corridor in Pennsylvania and beyond, as well as help strategically position our teams to partner with experts across the University in multi- and interdisciplinary scientific fields, as well as in social sciences, business and law on focused projects supporting micro nuclear reactor study and deployment,” Umberger said.

Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear technologies to utilities globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world's operating nuclear plants. Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle. For more information, visit www.westinghousenuclear.com and follow us on Facebook, LinkedIn and Twitter.

About The Pennsylvania State University
Founded in 1855, Penn State is a world-class public research university with a broad mission of teaching, research and public service. Penn State collaborates with industrial, educational, governmental and agricultural partners to create, disseminate, integrate and apply knowledge that is valuable to society. In each of the last four years, total research expenditures have topped $1 billion, placing the University among the nation’s leaders. Penn State also contributes more than $11 billion annually to Pennsylvania’s economy. As part of its Invent Penn State initiative, the University has funded 21 innovation hubs, designed to bolster entrepreneurship and economic development in communities surrounding its campuses across Pennsylvania. The Penn State Alumni Association is the world’s largest organization of its kind with more than 171,000 dues-paying members. For more information, visit www.psu.edu and follow Penn State on Facebook, Instagram, LinkedIn and Twitter.

Cathy Mann,
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Follows rigorous evaluation process

BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announces that Sustainable Development Technology Canada (SDTC) has named the Company to its inaugural list of Canada’s Sustainability Changemakers. Anaergia is one of only 10 companies to receive this honour.

SDTC is an independent Canadian Government foundation and flagship program which has provided funding to Anaergia and 460 other Canadian companies to develop and deploy competitive, sustainable technology solutions, that help solve some of the world’s most pressing environmental challenges: climate change, clean air, clean water and clean soil.

Anaergia was selected as a Sustainability Changemaker from hundreds of companies in a rigorous evaluation process. SDTC presented the awards during its Annual Leadership Summit in Ottawa, where Anaergia was represented by its CFO, Hani Kaissi.

“Because of activities supported by SDTC, Canada is known as a country that punches above its weight when it comes to creating technologies for solving the world’s environmental challenges,” said Dr. Andrew Benedek, Chairman and CEO of Anaergia. “All Canadians, and global citizens who care about the environment, should appreciate SDTC’s environmentally significant activities,” added Dr. Benedek.

About Anaergia

Anaergia was created to eliminate a major source of greenhouse gases by cost effectively turning organic waste into renewable natural gas (“RNG”), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.

Forward-Looking Statements

This news release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s annual information form dated March 28, 2022 for the fiscal year ended December 31, 2021. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

For further information please see: www.anaergia.com

Source: Anaergia Inc.

For media relations: Melissa Bailey, Director, Marketing & Corporate Communications, This email address is being protected from spambots. You need JavaScript enabled to view it.
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• Sale supports corporate strategy to prioritize investments on advantaged assets with lowest cost of supply
• Assets are part of North American gas resources removed from company’s development plan in 2020
• Transaction expected to close in second quarter

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today it signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional payments contingent on future natural gas prices.

“We are focused on delivering the most competitive returns to our shareholders by developing opportunities with the lowest cost of supply and further strengthening our industry-leading upstream position,” said Liam Mallon, president of ExxonMobil Upstream Company.

“Our subsidiaries have operated in the Barnett Shale safely and responsibly for nearly two decades, and we are encouraged by BKV’s plans to develop the resource in line with its stated pathway to net zero greenhouse gas emissions by 2025.”

ExxonMobil removed the Barnett Shale gas assets operated by its subsidiaries XTO Energy Inc. and Barnett Gathering LLC from its development plan in 2020.

As part of the agreement, all employees with ExxonMobil subsidiaries in the Barnett Shale will receive full employment offers with BKV. The sale is expected to close in the second quarter of 2022.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.

The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. To learn more, visit exxonmobil.com and the Energy Factor.

Follow us on Twitter and LinkedIn.

Cautionary Statement

Statements of future events or conditions in this release are forward-looking statements. Actual future results, including closing of agreed divestments and realization of payments; performance of and results from other investments; and other business plans, could vary significantly depending on a number of factors including the supply and demand for oil, gas, and petroleum products and other market factors affecting the oil, gas, and petrochemical industries; the severity, length and ultimate impact of COVID-19 on people and economies and actions of governments in response to the pandemic; obtaining necessary approvals and consents and satisfaction of other conditions precedent contained in the applicable agreements; satisfaction of conditions related to contingent payments; the development and competitiveness of alternative technologies; actions of competitors and commercial counterparties; political and regulatory developments including environmental regulations; and other factors discussed in this release and under Item 1A Risk Factors in ExxonMobil’s most recent annual report on Form 10-K and under the heading “Factors Affecting Future Results” on the Investors page of our website at exxonmobil.com.

Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Mobil, Esso, and XTO. For convenience and simplicity, those terms and terms such as ExxonMobil, the corporation, company, our, we, and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Nothing contained herein is intended to override the corporate separateness of affiliated companies.

ExxonMobil Media Relations
972-940-6007

Record revenue of $1.9 billion, up 15%

Record EPS of $9.14, up 14%

Increase in Share Repurchase Authorization

DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today reported financial results for fiscal year 2022 and the fiscal fourth quarter ended March 31, 2022. Notable items for the fiscal year and quarter are highlighted below. (Unless otherwise noted, all comparisons are with the prior fiscal year or prior year’s fiscal fourth quarter, as applicable.)

Full Year Fiscal 2022 Highlights

• Record Revenue of $1.9 billion, up 15%
• Net Earnings of $374.2 million, up 10%
• Net Earnings from Continuing Operations of $374.2 million, up 12%
• Diluted earnings per share from continuing operations of $9.14, up 14%
• Adjusted EBITDA from Continuing Operations of $657.4 million, up 15%
  • Adjusted EBITDA from Continuing Operations is a non-GAAP financial measure calculated by excluding non-routine items and certain non-cash expenses in the manner described in Attachment 6

Fourth Quarter Fiscal 2022 Highlights

• Record Revenue of $413.1 million, up 20%
• Net Earnings of $74.3 million, up 13%
• Diluted earnings per share from continuing operations of $1.90, up 22%
• Adjusted EBITDA from Continuing Operations of $132.2 million, up 7%
  • Adjusted EBITDA from Continuing Operations is a non-GAAP financial measure calculated by excluding non-routine items and certain non-cash expenses in the manner described in Attachment 6

Commenting on the annual results, Michael Haack, President and CEO, said, “As we look back on another extraordinary year, I am extremely proud of our team’s ability to deliver record operating and financial results despite multiple external challenges, including transportation disruptions, supply chain constraints and, of course, continuing to navigate the COVID-19 pandemic. During the fiscal year, we expanded gross margins by 270 bps to 27.9%, reported record earnings per share of $9.14, generated operating cash flow of $517 million and repurchased nearly 4 million shares of our common stock for $590 million. Early in the year, we completed the refinancing of our capital structure, which included using cash on-hand and proceeds from a new $750 million 10-year bond with an interest rate of 2.50%, to repay existing loans. This refinancing resulted in a low-cost, long-dated capital structure with significant liquidity. At the end of the fiscal year, debt was $950 million, and our net leverage ratio (net debt to Adjusted EBITDA from Continuing Operations) was 1.4x, giving us substantial financial flexibility.”

“As we begin our new fiscal year, Eagle is well-positioned, both financially and geographically, to capitalize on the underlying demand fundamentals that are expected to support steady and sustainable construction activity growth over the near- and long-term. We expect that infrastructure investment should increase in the latter part of our fiscal year, as federal funding from the recently enacted Infrastructure Investment and Jobs Act begins in earnest. And, despite recent interest rate increases, housing demand remains strong across our geographies, outpacing the supply of homes. Nonresidential construction activity is also picking up.”

Mr. Haack concluded, “Employee health, safety and environmental stewardship remain core objectives, and we demonstrated meaningful progress in all areas over the year. Our safety performance outpaced the industry average, and we took significant steps to reduce our carbon footprint this year and over the next several years with the introduction of our new Portland Limestone Cement product. This product has lower carbon intensity than standard cement with similar performance attributes. A tremendous amount of effort went into this project, and we are beginning to realize the benefits.”

Capital Allocation Priorities

Eagle remains dedicated to a disciplined capital allocation process to enhance shareholder value. Consistent with our track record, our allocation priorities remain unchanged, as follows: 1. investing in growth opportunities that meet our strict financial return standards and are consistent with our strategic focus; 2. operating capital investments to maintain and strengthen our low-cost producer positions; and 3. returning excess cash to shareholders, primarily through our share repurchase program.

In the past three fiscal years, we have invested nearly $700 million in acquisitions, $260 million in organic capital expenditures and $956 million in share repurchases and dividends.

Increase in Authorization to Repurchase Common Stock

Eagle’s Board of Directors has authorized the repurchase of an additional 7.5 million shares of its common stock. This increase is in addition to the remaining authorized shares under the existing share repurchase authorization. The total new authorization plus remaining authorization is approximately 10.3 million shares and represents nearly 25% of Company shares outstanding. Share repurchases may be made from time to time in the open market or in privately negotiated transactions, which may include executing any or all of self-tender offers, entering into accelerated share repurchase programs with financial institutions, and making open market purchases and block trades, including plans intended to comply with the safe-harbor provided by Rule 10b5-1. Funding for such share repurchases will come from internally generated cash flow or from existing or new credit facilities.

Financial Results

Heavy Materials: Cement, Concrete and Aggregates

Fiscal 2022 revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates, as well as Joint Venture and intersegment Cement revenue, was $1.2 billion, a 6% increase. Heavy Materials annual operating earnings increased 10% to $278.0 million primarily because of higher Cement net sales prices.

Fiscal 2022 Cement revenue, including Joint Venture and intersegment revenue, was up 7% to $1.0 billion, and Cement operating earnings increased 11% to $259.6 million. The annual revenue and earnings increases reflect higher net sales prices.

The average annual net Cement sales price for the year increased 7% to $119.13 per ton. Cement sales volume for the year was a record 7.5 million tons, up 1%.

Fourth quarter Cement revenue, including Joint Venture and intersegment revenue, was up 10% to $187.4 million. Operating earnings increased 23% to $28.4 million reflecting higher net sales prices, as well as lower operating costs. Prior-year operating expenses included a $6 million increase in energy costs primarily associated with the impact from Winter Storm Uri. The average net Cement sales price for the quarter increased 12% to $126.71 per ton. Cement sales volume for the quarter was down 2% to 1.3 million tons.

Fiscal 2022 revenue from Concrete and Aggregates increased 5% to $177.1 million driven by higher sales prices and increased Concrete volume. Concrete and Aggregates reported fiscal 2022 operating earnings of $18.5 million, down 3%, reflecting higher operating costs primarily related to diesel fuel.

Fourth quarter Concrete and Aggregates revenue was $37.2 million, an increase of 7%, due to higher pricing and improved Concrete sales volume. Fourth quarter operating earnings were $1.5 million, a 56% decrease, reflecting lower Aggregates sales volume and increased operating costs, primarily related to diesel fuel.

Light Materials: Gypsum Wallboard and Paperboard

Fiscal 2022 revenue in the Light Materials sector, which includes Gypsum Wallboard and Paperboard, increased 27% to $804.1 million, reflecting improved Wallboard sales volume and pricing. Gypsum Wallboard annual sales volume was a record 2.9 billion square feet (BSF), up 3%, and the average Gypsum Wallboard net sales price increased 27% to $190.76 per MSF. Paperboard annual sales volume was also a record at 334,000 tons, up 3%.

Fiscal 2022 Gypsum Wallboard and Paperboard operating earnings were $274.1 million, an increase of 42%, driven by improved sales volume and pricing, the effects of which were partially offset by increased operating costs primarily related to recycled fiber and energy.

Fourth quarter Gypsum Wallboard and Paperboard revenue increased 32% to $220.0 million, reflecting improved Wallboard sales volume and pricing. Gypsum Wallboard sales volume increased 6% to 750 million square feet (MMSF), while the average Gypsum Wallboard net sales price increased 27% to $204.20 per MSF.

Paperboard sales volume for the quarter was the same as the prior year at 82,000 tons. The average Paperboard net sales price for the fourth quarter was $628.96 per ton, up 31%, consistent with the pricing provisions in our long-term sales agreements.

Fourth quarter operating earnings in the sector were $77.0 million, an increase of 47%, reflecting improved Wallboard sales volume and pricing as well as higher Paperboard pricing.

Details of Financial Results

We conduct one of our cement plant operations through a 50/50 joint venture, Texas Lehigh Cement Company LP (the Joint Venture). We use the equity method of accounting for our 50% interest in the Joint Venture. For segment reporting purposes only, we proportionately consolidate our 50% share of the Joint Venture’s revenue and operating earnings, which is consistent with the way management organizes the segments within Eagle for making operating decisions and assessing performance.

In addition, for segment reporting purposes, we report intersegment revenue as a part of a segment’s total revenue. Intersegment sales are eliminated on the Consolidated Statement of Earnings. Refer to Attachment 3 for a reconciliation of these amounts.

On September 18, 2020, the Company sold its Oil and Gas Proppants business to Smart Sand, Inc. The prior-year financial results of the Oil and Gas Proppants segment have been classified as Discontinued Operations on the Consolidated Statement of Earnings. The assets and liabilities of the Oil and Gas Proppants segment have been reflected on separate lines for Discontinued Operations on the Balance Sheet.

About Eagle Materials Inc.

Eagle Materials Inc. manufactures and distributes Portland Cement, Gypsum Wallboard, Recycled Gypsum Paperboard, and Concrete and Aggregates from more than 70 facilities across the US. Eagle’s corporate headquarters is in Dallas, Texas.

Eagle’s senior management will conduct a conference call to discuss the financial results, forward looking information and other matters at 8:30 a.m. Eastern Time (7:30 a.m. Central Time) on Thursday, May 19, 2022. The conference call will be webcast on the Eagle website, eaglematerials.com. A replay of the webcast and the presentation will be archived on the site for one year.

Forward-Looking Statements. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the context of the statement and generally arise when the Company is discussing its beliefs, estimates or expectations. These statements are not historical facts or guarantees of future performance but instead represent only the Company’s belief at the time the statements were made regarding future events which are subject to certain risks, uncertainties and other factors, many of which are outside the Company’s control. Actual results and outcomes may differ materially from what is expressed or forecast in such forward-looking statements. The principal risks and uncertainties that may affect the Company’s actual performance include the following: the cyclical and seasonal nature of the Company’s businesses; public infrastructure expenditures; adverse weather conditions; the fact that our products are commodities and that prices for our products are subject to material fluctuation due to market conditions and other factors beyond our control; availability of raw materials; changes in the costs of energy, including, without limitation, natural gas, coal and oil, and the nature of our obligations to counterparties under energy supply contracts, such as those related to market conditions (such as fluctuations in spot market prices), governmental orders and other matters; changes in the cost and availability of transportation; unexpected operational difficulties, including unexpected maintenance costs, equipment downtime and interruption of production; material nonpayment or non-performance by any of our key customers; inability to timely execute announced capacity expansions; difficulties and delays in the development of new business lines; governmental regulation and changes in governmental and public policy (including, without limitation, climate change and other environmental regulation); possible outcomes of pending or future litigation or arbitration proceedings; changes in economic conditions or the nature or level of activity in any one or more of the markets or industries in which the Company or its customers are engaged; severe weather conditions (such as winter storms, tornados and hurricanes) and their effects on our facilities, operations and contractual arrangements with third parties; competition; cyber-attacks or data security breaches; announced increases in capacity in the gypsum wallboard and cement industries; changes in the demand for residential housing construction or commercial construction or construction projects undertaken by state or local governments; the availability of acquisitions or other growth opportunities that meet our financial return standards and fit our strategic focus; risks related to pursuit of acquisitions, joint ventures and other transactions or the execution or implementation of such transactions, including the integration of operations acquired by the Company; general economic conditions; and interest rates. For example, increases in interest rates, decreases in demand for construction materials or increases in the cost of energy (including, without limitation, natural gas, coal and oil) and the cost of our raw materials could affect the revenue and operating earnings of our operations. In addition, changes in national or regional economic conditions and levels of infrastructure and construction spending could also adversely affect the Company’s result of operations. Finally, any forward-looking statements made by the Company are subject to the risks and impacts associated with natural disasters, pandemics or other unforeseen events, including, without limitation, the COVID-19 pandemic and responses thereto designed to contain its spread and mitigate its public health effects, as well as their impact on economic conditions, capital and financial markets. Any resurgence of the COVID-19 pandemic and responses thereto may disrupt our business operations or have an adverse effect on demand for our products. These and other factors are described in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2021 and subsequent quarterly and annual reports upon filing. These reports are filed with the Securities and Exchange Commission. All forward-looking statements made herein are made as of the date hereof, and the risk that actual results will differ materially from expectations expressed herein will increase with the passage of time. The Company undertakes no duty to update any forward-looking statement to reflect future events or changes in the Company’s expectations.

Contact at 214-432-2000
Michael R. Haack
President and Chief Executive Officer

D. Craig Kesler
Executive Vice President and Chief Financial Officer

Robert S. Stewart
Executive Vice President, Strategy, Corporate Development and Communications

TAOS, N.M.--(BUSINESS WIRE)--Kit Carson Electric Cooperative (KCEC) and Guzman Energy have partnered for the sixth year in a row to provide scholarships to selected northern New Mexico students to help them successfully transition to their continued education after high school graduation. This year, 20 students will each receive a $1,500 scholarship.

Since 1997, the KCEC Foundation has awarded more than $600,000 in scholarships to students throughout its territory, giving them the financial support to help them successfully transition to their postsecondary education.

Guzman Energy, the cooperative’s wholesale power provider since 2017, has supported the scholarship program each year of the partnership, contributing $121,000 to date.

“Taking the next step toward continued education is a big transition, and we are honored to help these students get started on the right path,” said Jeffrey M. Heit, Principal and Managing Director, Guzman Energy. “Education is so important in building a strong community, and we are committed to helping the communities served by Kit Carson continue to thrive.”

“We are grateful for Guzman Energy’s support of our scholarship program to help these young adults succeed as they continue their education,” said Luis A. Reyes, Jr., Kit Carson CEO. “They have been a true partner not only for us, but for our community overall.”

Guzman Energy has helped KCEC move closer to its goals of becoming one of the cleanest, most cost-effective energy cooperatives in America, and providing 100% daytime solar energy. Working with Guzman Energy, KCEC has deployed a solar plan to build arrays and battery storage within the co-op’s territory, not only helping to meet the daytime solar goal, but also creating local jobs in the community, as well as stabilizing energy costs for KCEC members.

About Kit Carson Electric Cooperative

Formed in 1944, Kit Carson is a member owned electric distribution cooperative in northern New Mexico and is the second largest cooperative in the state. Kit Carson is one of 16 electric cooperatives that serve rural New Mexico communities, serving nearly 30,000 members in Taos, Colfax and Rio Arriba counties. To learn more about Kit Carson, visit www.kitcarson.com.

About Guzman Energy

Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy. We partner with cooperatives, municipalities, companies, and tribes across North America to customize energy portfolios that make economic and environmental sense for today and tomorrow. Together, we are lighting the way forward. Visit www.guzmanenergy.com.

Jill Petersen
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The initiative, a first-of-its kind for the State of New Mexico and its largest renewable energy project to date, enables carbon footprint and energy use reductions for more than 30 sites

SWORDS, Ireland--(BUSINESS WIRE)--Trane® – by Trane Technologies (NYSE:TT), a global climate innovator, and the State of New Mexico today announced the completion of the state’s first-of-its-kind State Buildings Green Energy Project (SBGEP), a decarbonization-focused initiative, and the State of New Mexico’s largest state-owned renewable energy project to date, targeting more than 30 aging buildings in Santa Fe. While helping the state to reach its 2050 net-zero carbon emissions goal, annually the project will save local taxpayers $1.1 million dollars, eliminate 7,400 metric tons of carbon emissions and conserve 5.1 million gallons of water.

The 32 public buildings – all over 50 years old – in New Mexico’s historic capital, Santa Fe, have received a sustainability makeover, partially funded with future energy savings through a Trane Energy Savings Performance Contract and utility rebates. In addition to modernized, high-efficiency HVAC systems and rooftop solar panels, nearly all buildings are now outfitted with LED lighting, water conservation measures and advanced controls to monitor and maximize energy efficiency.

“New Mexicans see common ground on saving energy and costs in state government,” said Sarah Cottrell Propst, Cabinet Secretary of the New Mexico Energy, Minerals and Natural Resources Department. “We want to be wise stewards of taxpayers’ dollars. A project like this, that saves money while saving energy, is just a win-win.”

By generating, supplying, and storing some of the buildings’ own renewable energy, the SBGEP allows the state to reduce reliance on utility companies and the energy grid, which can be subject to outages or disruptions. With sustainability improvements for some of Santa Fe’s most important public buildings, including the Departments of Health, Public Education and Children, Youth & Families, the community is now benefitting from more comfortable, efficient and economical public spaces; the project has already saved taxpayers $984,000 while significantly reducing emissions and water use.

“We’re extremely proud of our work with New Mexico,” said Donny Simmons, president, Commercial HVAC Americas, Trane Technologies. “This program provides their beautiful and historic capital city with high performing buildings, while giving citizens access to efficient, healthier public spaces. If more cities and states follow New Mexico’s example, they could update their infrastructure and pay for it through future energy savings, while reducing their carbon footprint.”

The SBGEP supports New Mexico’s sustainability goals, progressing the state’s climate action plans. The project also supports the state’s Energy Transaction Act which sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural electric cooperatives, and a goal of 80 percent by 2040. Additionally, the state has committed to reducing statewide greenhouse gas emissions by 45 percent below 2005 levels by 2030, and has pledged to protect scarce water resources through several programs including recent Bipartisan Infrastructure Law funded projects.

Trane has worked with the State of New Mexico for over 30 years, leveraging the company’s expertise in areas including sustainable climate solutions and indoor environmental quality. The SBGEP also aligns with Trane Technologies’ 2030 Sustainability Commitments, including its Gigaton Challenge which aims to reduce one gigaton – or, a billion metric tons – of customers’ carbon emissions by 2030.

For additional soundbites from Secretary Cottrell Propst, plus other downloadable multi-media assets and more information on the SBGEP, visit trane.com.

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.

About Trane

Trane – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy-efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com.

Media Contact:
Jennifer Regina
+1-704-712-5721
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Investors Contact:
Zachary Nagle
+1-704-990-3913
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AUSTIN, Texas--(BUSINESS WIRE)--WhiteWater, EnLink Midstream, LLC (NYSE: ENLC), Devon Energy Corp. (NYSE: DVN), and MPLX LP (NYSE: MPLX) have reached a final investment decision to move forward with the construction of the Matterhorn Express Pipeline after having secured sufficient firm transportation agreements with shippers.

The Matterhorn Express Pipeline has been designed to transport up to 2.5 billion cubic feet per day (Bcf/d) of natural gas through approximately 490 miles of 42-inch pipeline from Waha, Texas, to the Katy area near Houston, Texas. Supply for the Matterhorn Express Pipeline will be sourced from multiple upstream connections in the Permian Basin, including direct connections to processing facilities in the Midland Basin through an approximately 75-mile lateral, as well as a direct connection to the 3.2 Bcf/d Agua Blanca Pipeline, a joint venture between WhiteWater and MPLX.

“WhiteWater is excited to partner with EnLink, Devon, and MPLX to develop incremental gas transportation out of the Permian Basin as production continues to grow in West Texas,” said Christer Rundlof, CEO of WhiteWater. “Matterhorn will provide premium market access with superior flexibility for Permian Basin shippers while playing a critical role in minimizing flared volumes.”

The Matterhorn Express Pipeline is expected to be in service in the third quarter of 2024, pending the receipt of customary regulatory and other approvals.

About WhiteWater

WhiteWater, an Austin, Texas based infrastructure company, has partnered with Ridgemont Equity Partners and First Infrastructure Capital on the Matterhorn Express Pipeline. For more information about WhiteWater, visit www.wwdev.com.

About EnLink Midstream

EnLink Midstream reliably operates a differentiated midstream platform that is built for long-term, sustainable value creation. EnLink's best-in-class services span the midstream value chain, providing natural gas, crude oil, condensate, and NGL capabilities, and carbon capture, transportation, and sequestration services. EnLink’s purposely built, integrated asset platforms are in premier production basins and core demand centers, including the Permian Basin, Oklahoma, North Texas, and the Gulf Coast. EnLink's strong financial foundation and commitment to execution excellence drive competitive returns and value for its employees, customers, and investors. Headquartered in Dallas, EnLink is publicly traded through EnLink Midstream, LLC (NYSE: ENLC). Visit www.EnLink.com to learn how EnLink connects energy to life.

About Devon Energy

Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

About MPLX LP

MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. MPLX also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. More information is available at www.MPLX.com.

About First Infrastructure Capital

First Infrastructure Capital Advisors, LLC is a Houston-based investment firm specializing in greenfield projects and companies operating in the midstream, downstream, electric power, telecommunications, and renewable energy industries. First Infrastructure Capital Advisors, LLC is an SEC-registered investment adviser, which manages funds affiliated with First Infrastructure Capital, L.P. For more information about First Infrastructure Capital, visit www.firstinfracap.com.

About Ridgemont Equity Partners

Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $6.0 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. For more information about Ridgemont, visit www.ridgemontep.com.

Some of the above statements constitute forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of the companies named herein and are difficult to predict. Factors that could impact the opportunities described above include but are not limited to general domestic and international economic and political conditions and the factors described in the filings with the Securities and Exchange Commission of the companies named herein. Any forward-looking statement speaks only as of the date of the applicable communication and the companies named herein undertake no obligation to update any forward-looking statement except to the extent required by applicable law.

WhiteWater Investor Relations: www.wwdev.com
EnLink Midstream Partners Investor Relations: Brian Brungardt (214) 721-9353
Devon Energy Investor Relations: Scott Coody (405) 552-4735
MPLX LP Investor Relations: Kristina Kazarian (419) 421-2071

• NMG’s 2021 ESG Report provides a transparent and comparative overview of the Company’s performance on material topics such as climate action, governance, community participation, energy and water management, among others.
• The Company demonstrates progress on its sustainability initiatives and builds on Moody’s recommendations following the A2 – Robust Sustainability Rating received.
• NMG’s Annual General and Special Meeting of Shareholders to be held on June 16, 2022; link provided below and via the Company’s Notice of Meeting and Management Information Circular.
• Dedicated to powering a cleaner future, NMG is working towards establishing a local, responsible, carbon-neutral and reliable source of advanced graphite materials to support global decarbonization.

MONTRÉAL--(BUSINESS WIRE)--$NMG #ESG--Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) presents shareholders and stakeholders with its 2021 ESG Report documenting its impact, contribution and managerial approach in relation to key environmental, social and governance (“ESG”) topics ahead of its Annual General and Special Meeting of Shareholders.

Dedicated to powering a cleaner future, NMG continually seeks to elevate the environmental and ethical DNA of its processes, products, and practices. The Company has strengthened its sustainability practices and disclosure on the back of the positive feedback received by Moody’s ESG Solutions earlier this year.

Arne H Frandsen, Chair of NMG, commented: “Against a backdrop of major global disruptions and challenges, we made considerable headway in 2021 towards our vision of driving the transition to a green future through sustainable zero-carbon solutions. We are striving to drive the emergence of a new advanced materials sector powered by clean energies, developed in partnership with communities and aiming at circularity. ”

Following its extensive assessment, Moody’s provided a Sustainability Rating of A2 (‘Robust’), the second-highest grade on its rating scale, to NMG. In its opinion, Moody’s highlighted the integration of ESG factors in the Company’s strategy, operations, and risk management, a rising demand from investors, asset managers, securities regulators and civil society. It should be noted that NMG’s ESG reporting rate is almost 20% above its sector average, demonstrating an adequate identification of material issues and due consideration for transparency.

In addition to its unwavering Zero-Harm Philosophy, NMG advanced its 2021-2023 Sustainability Action Plan, issued its Climate Action Plan 2022-2030 that maps its transition from carbon neutrality to Net Zero and reinforced its policies, structures and programs to align the Company with the best-in-class ESG practices. Through its 2021 ESG Report, NMG has also set targets to improve its ownership and stewardship of material issues such as diversity and inclusion, environmental management, Indigenous partnership, biodiversity and responsibility towards its supply chain.

Eric Desaulniers, Founder, President, and CEO of NMG, added: “With our sight on the next phase of our development, we have set targets to continuously enhance our performance and leadership. There are exciting milestones ahead for NMG with the upcoming commissioning of our Phase-1 coating unit, completing our integrated 2,000 tpa anode material production line, and the release of our updated feasibility study for our ore-to-battery-material Phase-2 operations. I am confident in the team we have assembled to lead this next phase of our growth, with an uncompromising focus on safety, discipline, and efficiency to meet the market’s demand for responsibly-extracted, environmentally-transformed, and fully traceable battery materials.”

NMG’s disclosure is aligned with the United Nations’ Sustainable Development Goals (SDGs), the Global Reporting Initiative (“GRI”), the SASB Standards for the Metals & Mining sector, and the UN Global Compact. The Company acknowledges the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and intends to gradually implement that framework into its reporting, along with the to-be-published GRI Sector Standard for Mining and the Mining Association of Canada’s Towards Sustainable Mining initiative. NMG also monitors the work of the International Sustainability Standards Board, the Canadian Securities Administrators and the Securities Exchange Commission on upcoming climate-related disclosure requirements.

Annual General and Special Meeting of Shareholders

NMG will hold its Annual General and Special Meeting of Shareholders on Thursday, June 16, 2022, at 11 a.m. (Eastern Time) via live webcast online at https://web.lumiagm.com/447507053. Shareholders can also attend the session in person at 600 Forex Road, Saint-Michel-des-Saints, Québec, J0K 3B0; confirmation of attendance is required at This email address is being protected from spambots. You need JavaScript enabled to view it..

Items on the agenda include (a) the presentation of the Company’s consolidated audited financial statements for the fiscal years ended December 31, 2021 and 2020 and the independent auditor’s report thereon; (b) the election of directors named in the management information circular; (c) the appointment of the external auditor; and (d) the ratification of the Company’s stock option plan.

The meeting will be complemented with a corporate presentation by President and CEO Eric Desaulniers providing an update on the Company’s key projects, commercial engagement and growth plan.

Shareholders entitled to vote at the meeting will be those who are shareholders as at the close of business on the record date, being May 2, 2022. Electronic copies of the notice of meeting, the management information circular, the proxy form, the voting instruction form and the financial statements may be found on the Company’s SEDAR and EDGAR profile, NMG’s website and at www.meetingdocuments.com/TSXT/NOU. The Company’s financial reports, 2021 Annual Report and 2021 ESG Report are also posted online via SEDAR and EDGAR for ease of consultation.

About Nouveau Monde Graphite

NMG is striving to become a key contributor to the sustainable energy revolution. The Company is working towards developing a fully integrated source of carbon-neutral battery anode material in Québec, Canada for the growing lithium-ion and fuel cell markets. With low-cost operations and enviable ESG standards, NMG aspires to become a strategic supplier to the world’s leading battery and automobile manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. www.NMG.com

Subscribe to our news feed: https://NMG.com/investors/#news

Cautionary Note Regarding Forward-Looking Information

All statements, other than statements of historical fact, contained in this press release including, but not limited to those describing the Company’s intended production of carbon-neutral advanced graphite materials, the Company’s ESG goals, aspirations and commitments, including the Company’s aim at circularity and its intended transition from carbon neutrality to Net Zero, the Company’s initiatives outlined in the ESG Report and the achievement of the targets described therein, the deployment of the Sustainability Action Plan and the Climate Action Plan, the Company’s commitment to our Zero-Harm philosophy, the Company’s development plans, the timeline and progress of the initiatives described in this press release, , the intended results of the initiatives described in this press release, and those statements which are discussed under the “About Nouveau Monde Graphite” paragraph and elsewhere in the press release which essentially describe the Company’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of Canadian and United States securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Moreover, these forward-looking statements were based upon various underlying factors and assumptions, including the current technological trends, the business relationship between the Company and its stakeholders, the ability to operate in a safe and effective manner, the timely delivery and installation of the equipment supporting the production, the Company’s business prospects and opportunities and estimates of the operational performance of the equipment, and are not guarantees of future performance.

Forward-looking statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, delays in the scheduled delivery times of the equipment, the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability of financing or financing on favorable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, the risks of obtaining the necessary permits, the operating performance of the Company’s assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the Company’s businesses, political and social acceptability risk, environmental regulation risk, currency and exchange rate risk, technological developments, the impacts of the global COVID-19 pandemic and the governments’ responses thereto, and general economic conditions, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. A further description of risks and uncertainties can be found in NMG’s Annual Information Form dated March 22, 2022, including in the section thereof captioned “Risk Factors”, which is available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Unpredictable or unknown factors not discussed in this Cautionary Note could also have material adverse effects on forward-looking statements.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

The market and industry data contained in this press release is based upon information from independent industry publications, market research, analyst reports and surveys and other publicly available sources. Although the Corporation believes these sources to be generally reliable, market and industry data is subject to interpretation and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data-gathering process and other limitations and uncertainties inherent in any survey. The Corporation has not independently verified any of the data from third-party sources referred to in this press release and accordingly, the accuracy and completeness of such data is not guaranteed.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further information regarding the Company is available in the SEDAR database (www.sedar.com), and for United States readers on EDGAR (www.sec.gov), and on the Company’s website at: www.NMG.com

MEDIA

Julie Paquet
VP Communications & ESG Strategy
+1-450-757-8905 #140
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INVESTORS

Marc Jasmin
Director, Investor Relations
+1-450-757-8905 #993
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SOLON, Ohio--(BUSINESS WIRE)--Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable, energy-efficient lighting and controls systems and ultraviolet-c light disinfection (“UVCD”) products for the commercial, military maritime and consumer markets, announces it will present at the H.C. Wainwright Global Investment Conference on May 23-26, 2022. All in-person presentations and meetings are held at the Fontainebleau Miami Beach Hotel in Miami, FL and all virtual presentations and meetings are held via Zoom.

Mr. Stephen Socolof, Chairman and Interim Chief Executive Officer and Mr. Greg Galluccio, Senior Vice President, Product Management and Engineering of Energy Focus, will provide an overview of the Company's business on Wednesday, May 25, 2022 at 10:00 a.m. Eastern.

You may also listen to the company presentation online at: https://journey.ct.events/view/a99c3e29-1ccb-4c16-b84d-967ac69f48b1.

For additional information about the conference, visit https://hcwevents.com/globalconference/
or to schedule a one-on-one meeting please contact Brett Mass at This email address is being protected from spambots. You need JavaScript enabled to view it..

About Energy Focus

Energy Focus is an industry-leading innovator of sustainable light-emitting diode (“LED”) lighting and lighting control technologies and solutions, as well as UV-C Disinfection technologies and solutions. As the creator of the first flicker-free LED lamps, Energy Focus develops high quality LED lighting products and controls that provide extensive energy and maintenance savings, as well as aesthetics, safety, health and sustainability benefits over conventional lighting. Our EnFocus™ lighting control platform enables existing and new buildings to provide quality, convenient and affordable, dimmable and color-tunable, circadian and human-centric lighting capabilities. In addition, our patent-pending UVCD technologies and products aim to provide effective, reliable and affordable UVCD solutions for buildings, facilities and homes. Energy Focus’ customers include U.S. and U.S. ally navies, U.S. federal, state and local governments, healthcare and educational institutions, as well as Fortune 500 companies. Since 2007, Energy Focus has installed approximately 900,000 lighting products across the U.S. Navy fleet, including tubular LEDs, waterline security lights, explosion-proof globes and berth lights, saving more than five million gallons of fuel and 300,000 man-hours in lighting maintenance annually. Energy Focus is headquartered in Solon, Ohio. For more information, visit our website at www.energyfocus.com.

Investor Contact:
Hayden IR
Brett Maas
646-536-7331
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VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, announced today that it has received notification from the NYSE American LLC (“NYSE American”) that the Company has regained compliance with the continued listing standard of Sections 1003(a)(ii) and (iii) of the NYSE American Company Guide (“the “Company Guide”). At March 31, 2022, SDP had shareholders’ equity of $6.5 million, surpassing the $6.0 million requirement to meet the listing standard.

Troy Meier, Chairman and CEO commented, “We made excellent progress this past year as evidenced by our strong growth and, importantly, the significant operating leverage inherent in our business that delivered earnings and improving book value. These are exciting times for Superior Drilling. The demand for our capabilities in the manufacture and refurbishment of drilling tools continues to expand as our productivity and quality provides greater benefits to our customers and replaces their need to add capacity. Importantly as well, our branded drilling tools are garnering greater attention in the marketplace as we capture greater share on drilling rigs.”

As of May 19, 2022, the below compliance (“.BC”) indicator will no longer be disseminated and the Company was removed from the list of NYSE American noncompliant issuers on the NYSE American’s website.

About Superior Drilling Products, Inc.
Superior Drilling Products, Inc. is an innovative, cutting-edge drilling tool technology company providing cost saving solutions that drive production efficiencies for the oil and natural gas drilling industry. The Company designs, manufactures, repairs and sells drilling tools. SDP drilling solutions include the patented Drill-N-Ream® wellbore conditioning tool and the patented Strider™ oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for a leading oil field service company. SDP operates a state-of-the-art drill tool fabrication facility, where it manufactures its solutions for the drilling industry, as well as customers’ custom products. The Company’s strategy for growth is to leverage its expertise in drill tool technology and innovative, precision machining in order to broaden its product offerings and solutions for the oil and gas industry.

Additional information about the Company can be found at: www.sdpi.com.

For more information, contact investor relations:
Deborah K. Pawlowski
Kei Advisors LLC
(716) 843-3908
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NEW YORK--(BUSINESS WIRE)--#BarriersCoating--H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $49 billion of equity under management, is pleased to announce that one of its affiliates has completed the acquisition of Pixelle Specialty Solutions Holding LLC (“Pixelle” or the “Company”).

Headquartered in Spring Grove, PA, Pixelle is a leading provider of fiber-based specialty solutions in North America. Pixelle owns and operates four industry-leading specialty paper mills located in Chillicothe, OH, Jay, ME, Spring Grove, PA, and Stevens Point, WI. Collectively the mills operate 11 paper machines and produce more than one million tons of paper annually.

Timothy Hess, Pixelle’s Chief Executive Officer, said, “Pixelle has developed a broad, innovative portfolio of industry leading brands across the specialty papers and sustainable packaging markets. In under four years, we have transformed Pixelle into the leading specialty-focused paper producer in North America through three strategic acquisitions and successful implementation of a continuous improvement program. We are proud of our accomplishments and look forward to our next chapter with H.I.G. Capital.”

“We are thrilled to partner with Tim and the management team, who have a proven track record of building a best-in-class business and providing the highest levels of quality and service for their customers,” said Tenno Tsai, Head of North American Industrials at H.I.G. “We are excited about the combination of H.I.G.’s value-added partnership with Pixelle’s differentiated capabilities in technically demanding specialty papers to embark on the next phase of growth.”

Credit Suisse and Houlihan Lokey served as financial advisors and Cravath, Swaine & Moore LLP served as legal counsel to Pixelle. Macquarie Capital and Jefferies acted as financial advisors and Ropes & Gray LLP acted as legal counsel to H.I.G.

About Pixelle

Pixelle Specialty Solutions® is the largest and fastest-growing manufacturer of specialty papers in North America with one of the most comprehensive portfolios in the industry. Through innovation, quality and expertise, Pixelle delivers high-performance solutions that help customers boost brand appeal, improve customer experience and support sustainability goals. For more information, visit pixelle.com.

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with over $49 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:

1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Tenno Tsai
Head of North American Industrials
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Rich Zhang
Principal
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DUBLIN--(BUSINESS WIRE)--The "Global HDPE Oil and Gas Market 2021-2027" report has been added to ResearchAndMarkets.com's offering.

The global HDPE oil and gas market is anticipated to grow at a considerable CAGR during the forecast period. HDPE pipes are low-cost alternatives to other pipes, and their advantages are expected to drive overall pipe demand throughout the forecast period.

HDPE pipes are inexpensive and can be used in a range of applications, including agriculture. For Instance, In September 2020, Fortune Agribusiness has announced intentions to invest $150 million in the establishment of a high-value, 3,500-hectare (8,649-acre) irrigated fruit and vegetable growing complex on its 294,000-hectare (726,490-acre) Singleton Station in Australia's Northern Territory.

The global HDPE oil and gas market is segmented based on product and application. Based on product, the HDPE oil and gas market is segmented into PE 80 and PE 100. Based on application, the HDPE oil and gas market is segmented into offshore pipeline and onshore pipeline.

Geographically, the global HDPE oil and gas market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World.

Some of the companies operating in the global HDPE oil and gas market include Supreme pipes, JM Eagke, INC, WL Plastics, Apollo Pipes, Nan Ya Plastic Corp. among others.

Market Segmentation

• Global HDPE Oil And Gas Market Research and Analysis by Product
• Global HDPE Oil And Gas Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the global HDPE oil and gas market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global HDPE oil and gas market.
• Insights about market determinants that are stimulating the global HDPE oil and gas market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

Key Topics Covered:

1. Report Summary

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Market Determinants

3.1. Motivators

3.2. Restraints

3.3. Opportunities

4. Market Segmentation

4.1. Global HDPE Oil and Gas Market by Type

4.1.1. PE 80

4.1.2. PE 100

4.1.3. Others

4.2. Global HDPE Oil and Gas Market by Application

4.2.1. Offshore Pipeline

4.2.2. Onshore Pipeline

5. Regional Analysis

5.1. North America

5.1.1. United States

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. Rest of Asia-Pacific

5.4. Rest of the World

6. Company Profiles

6.1. Apollo Pipes Ltd.

6.2. JM EAGLE, INC.

6.3. Lane Enterprises, Inc.

6.4. Nan Ya Plastics Corp.

6.5. Polyplastic Group

6.6. Prinsco, Inc.

6.7. Supreme Pipes Industries Ltd.

6.8. Wavin B.V.

6.9. WL Plastics

For more information about this report visit https://www.researchandmarkets.com/r/kfxx1e

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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MILPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, and Huawei Technologies Co., Ltd., have agreed on a global patent license agreement between the two companies. The agreement includes a cross license that covers patents relating to both companies' products, and grants certain other rights. In addition, the agreement will result in a settlement of all pending patent-litigation between the companies.

The specific terms of the agreement are confidential. This agreement ends lawsuits between the companies that were pending in Germany and China.

About SolarEdge

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

SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263
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Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
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AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that it has become a member of the World Economic Forum and will join the Road Freight Zero coalition, an initiative that engages industry leaders around the world to accelerate the global transition to a zero-emission transportation future.

The World Economic Forum’s Annual Meeting will take place in Davos, Switzerland next week, where Hyliion will be co-hosting “The Transition to Sustainable Road Freight” affiliate session with Hypertruck Innovation Council member Agility. The panel will feature Thomas Healy, founder and CEO of Hyliion, along with other global industry leaders as they discuss decarbonization challenges and the practical and scalable solutions that can accelerate sustainability-focused technologies.

In 2020 there were 27 million heavy-duty trucks on the road worldwide, emitting 1,183 metric tons of carbon dioxide—41% of total global road freight greenhouse gas emissions. And with 95% of the world’s transportation energy coming from petroleum-based fuels like diesel, the need for innovative technology that utilizes alternative fuels has never been more evident.

“Through their Road Freight Zero effort, the World Economic Forum engages a wide array of forward-thinking leaders in working toward global decarbonization, and we are pleased to be able to bring our perspective to the table. Hyliion was founded with a vision for a net-carbon-negative commercial transportation industry, and we have a singular focus on developing solutions that can reduce the carbon emissions of heavy-duty trucks. I look forward to adding to the conversation around technology advancements and alternative fuels on such an elevated platform,” said Thomas Healy.

Along with other like-minded stakeholders, Hyliion seeks to further the discussion surrounding the transportation industry’s massive carbon footprint and the advancements in technology, infrastructure and policy needed to achieve Road Freight Zero’s ambitious zero emission goals.

About Hyliion

Hyliion’s mission is to reduce the carbon intensity and greenhouse gas (GHG) emissions of Class 8 commercial trucks by being a leading provider of electrified powertrain solutions. Leveraging advanced software algorithms and data analytics capabilities, Hyliion offers fleets an easy, efficient system to decrease fuel and operating expenses while seamlessly integrating with their existing fleet operations. Headquartered in Austin, Texas, Hyliion designs, develops, and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial trucks, with the goal of transforming the commercial transportation industry’s environmental impact at scale. For more information, visit www.hyliion.com.

Forward Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, Hyliion’s ability to disrupt the powertrain market, Hyliion’s focus in 2022 and beyond, the effects of Hyliion’s dynamic and proprietary solutions on its commercial truck customers, accelerated commercialization of the Hypertruck ERX™, the ability to meet 2022 and future product milestones, the impact of COVID-19 on long-term objectives, the ability to reduce carbon intensity and greenhouse gas emissions and the other risks and uncertainties set forth in “Risk Factors” section of Hyliion’s annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 24, 2022 for the year ended December 31, 2021. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could different materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion’s operations and projections can be found in its filings with the SEC. Hyliion’s SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.

Hyliion Holdings Corp.
Ryann Malone
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Sharon Merrill Associates, Inc.
Nicholas Manganaro
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HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 18, 2022, the shareholders elected all eleven nominees to the Company’s board of directors and ratified the selection of KPMG LLP as principal independent public accountants for 2022.

Shareholders elected board members Abdulaziz F. Al Khayyal, William E. Albrecht, M. Katherine Banks, Alan M. Bennett, Milton Carroll, Earl M. Cummins, Murry S. Gerber, Robert A. Malone, Jeffrey A. Miller, Bhavesh V. Patel, and Tobi M. Edwards Young.

The advisory resolution on executive compensation was not approved by the shareholders.

“The Halliburton Board of Directors appreciates the many shareholders who engaged with us and supported the direction of the compensation program. Halliburton’s Board has a performance-based compensation program aimed at driving shareholder returns that also motivates and retains talented employees in a highly competitive market. We will carefully consider today’s advisory vote and commit to ongoing engagement with shareholders to understand their perspectives,” said Halliburton Chairman, President and CEO Jeff Miller.

At the board of directors’ meeting following the shareholders’ meeting, the board declared a 2022 second quarter dividend of twelve cents ($0.12) a share on the Company’s common stock payable on June 22, 2022, to shareholders of record at the close of business on June 1, 2022.

About Halliburton

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

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

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Emily Mir
Public Relations
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281-871-2601

WYOMISSING, Pa.--(BUSINESS WIRE)--$UGI--Today, UGI Energy Services LLC (UGIES), the midstream and energy marketing subsidiary of UGI Corporation (NYSE: UGI), commemorated its spring 2022 visits to Pennsylvania schools and scholarship organizations it supports through Pennsylvania’s Opportunity Scholarship Tax Credit (OSTC) program. This year UGIES contributed $200,000 to support 70 private and parochial schools and scholarship organizations.

UGIES continued its annual spring tradition and traveled throughout Pennsylvania to meet with 17 schools and organizations; presenting approximately one third of its 2022 OSTC contributions in-person.

UGI Energy Services has provided over $2 million in scholarships through the OSTC program since 2014. These contributions provide tuition assistance for students living in low-achieving school districts to attend local, private or parochial schools.

“UGI Energy Services is committed to supporting education in the communities where our employees and customers live and work,” said Joe Hartz, president of UGI Energy Services. “We are proud to support our schools and invest in tomorrow’s workforce and community leaders. Thank you to all the administrators, educators, and students who met with us over the past several weeks; allowing us to see firsthand the difference you’re making in so many young peoples’ lives.”

UGIES presented in-person contributions to Berks County Community Foundation,

Business Leadership Organized for Catholic Schools, CAI Learning Academy, Inc., Christian School Association of Greater Harrisburg, Inc., Christian School Association of York, Cornerstone Christian Academy, Eastern Pennsylvania Scholarship Foundation - Diocese of Allentown, Harrisburg Academy, Jewish Federation of the Lehigh Valley, Junior Achievement of Western PA, Lancaster Country Day School, LOGAN Hope, Meadowbrook Christian School Scholarship Organization, Mercersburg Academy, Moravian Academy, PJHS Scholarship Organization (St. Joseph’s Preparatory School and Scranton Preparatory School), and the Washington County Community Foundation.

UGIES also thanks the many public officials and staff that joined its visits, including: state Senator Camera Bartolotta (SD-46); state Representative Sheryl Delozier (HD-88); state Senator Marty Flynn (SD-22); state Representative Tim O'Neal (HD-48); state Representative Jason Ortitay (HD-46); state Senator Devlin Robinson (SD-37); and, state Senator Judy Ward (SD-30).

Scholarship recipients consistently offered their support for the OSTC program and the opportunities the program provides students in all corners of the Commonwealth.

“We are thankful for UGI Energy Services’ $10,000 scholarship donation,” said Kathleen Harvey, senior financial Analyst for Business Leadership Organized for Catholic Schools (BLOCS). “With this support, students will have greater access to quality education, without putting an economic burden on our families in the greater Philadelphia region.”

“UGI Energy Services’ support for our foundation will assist in providing students who have financial need with greater access to exceptional learning experiences,” said Frances Aitken, chief operating officer for Berks County Community Foundation.

“We are grateful for UGI Energy Services’ scholarship donation,” said Bill Lucas, executive vice president for Junior Achievement of Western PA. “This contribution will assist our communities to gain access to the financial literacy, entrepreneurship and workforce development skills we provide at Junior Achievement.”

More information about the Opportunity Scholarship Tax Credit program is available at www.dced.pa.gov/OSTC. This is UGI Energy Service’s seventh year of participation in the Opportunity Scholarship Tax Credit program.

About UGI Energy Services LLC

UGI Energy Services LLC markets natural gas, electricity and liquid fuels to commercial, institutional and industrial customers at approximately 43,000 locations in eleven eastern states and Washington, D.C. UGI Energy Services owns and operates natural gas midstream assets such as liquefied natural gas storage and vaporization, underground storage fields, gathering, intra and interstate pipeline systems, compressor stations and renewable natural gas digesters. These assets support the retail business as well as our electric generation assets, and peaking plants. Learn more about UGI Energy Services at http://www.ugies.com.

UGI Energy Services Contact: Jackie Nawa, 484-366-7289, This email address is being protected from spambots. You need JavaScript enabled to view it.

SANTA MONICA, Calif.--(BUSINESS WIRE)--Autonomy, a completely digital electric vehicle subscription service that offers the cheapest, fastest and easiest way to get a Tesla Model 3, is extending its services to Southern California’s Inland Empire.

Autonomy’s latest expansion comes on the heels of announcements in California’s Central Coast, Sacramento, San Diego, Orange County and the Bay Area. Autonomy launched early in 2022 in Los Angeles.

“Our goal is to get more people into electric vehicles and subscriptions are an ideal way to help make access to EV’s easier and more affordable," said Scott Painter, founder and CEO of Autonomy. "California residents are supporting the EV industry by boosting their adoption with the aim of helping the state meet its target of 5 million EVs on the road by 2030."

Autonomy is a great solution for commuters using one of the many freeways in the Inland Empire with single-driver access to HOV lanes and free–or discounted–toll access on California’s notorious 91 Express Lanes. Commuters using a non-electric vehicle making a round-trip commute from Riverside to the SR-55, using both segments of the toll each way, are spending approximately $112 weekly (or $448 a month)¹. With a subscription to a Tesla Model 3 through Autonomy, those toll fees are waived or discounted–depending on the time of day–by the 91 Express Lanes for the consumer. And with the elimination of paying for gasoline, the combined savings could cover nearly the entire Autonomy monthly subscription.

Customers eager to drive a Tesla Model 3 will have access to Autonomy's fast, easy, and affordable subscription service. Autonomy's monthly subscription costs less than Tesla's own leasing or financing plans.

Subscribers can reserve a Model 3 via Autonomy's app with a $100 refundable deposit. A payment dial allows customers to personalize their subscription payments from as low as $490 per month with an initial $4,900 start fee, to as low as $1,000 start fee and $1k per month, plus tax. A $500 refundable security deposit is required when the subscription is activated.

With its subscription service, Autonomy enables Californians, now including residents of the Inland Empire region, to reserve an EV via an app in as little as 10 minutes, getting access to the vehicles in an easy and flexible manner, unlike the process for a traditional vehicle loan or lease.

"Southern California does a fantastic job incentivising those with EVs by giving them access to carpool lanes and cheaper toll roads," said Georg Bauer, co-founder and president of Autonomy. "All of this is bound to further promote the use of green mobility, making it even more convenient for consumers looking to get an Autonomy subscription."

Autonomy's monthly payment covers the traditional costs of ownership, including annual registration and licensing fees, routine maintenance, roadside assistance, and standard wear and tear on tires, which are all additional expenses with a traditional lease or loan.

Adding to the cost advantage, Autonomy drivers have the flexibility to subscribe month-to-month after a three-month minimum. The platform is a viable market option for those who do not want or cannot afford the long-term commitment of buying or leasing an electric car.

Autonomy's subscription model offers a new radical solution to the rising demand for electric cars. An additional advantage is the company's steady supply of Model 3s that are available much sooner than the typical six-to nine-month wait for a lease or loan.

How to Subscribe:

1. Download the Autonomy app in the app store (coming soon to Android)
2. Scan your driver’s license and digital form of payment
3. Schedule your pickup or delivery

Autonomy is the first U.S. company to offer a comprehensive monthly subscription for a Tesla Model 3, with other popular EV models scheduled in the near future. Founded by serial auto entrepreneurs Scott Painter (CarsDirect, TrueCar, Fair) and Georg Bauer (Mercedes-Benz, BMW, Tesla, Fair), Autonomy is designed to provide a quick and efficient customer experience. A vehicle can be ordered on the app in as little time as 10 minutes and picked up from a vending center the next day or scheduled for delivery within a week.

Autonomy recently received $83 million in debt and equity financing to support its expansion.

¹Information and cost related to 91 Express Lanes toll roads are based on publicly available information from the OCTA. Approximate weekly costs were determined by a round-trip commute from Riverside to Orange County at 7 a.m. and 6 p.m. Toll fees change based on time of day, number of passengers, vehicle and account type. Consult your local toll authority for more information regarding toll schedules and discounts.

ABOUT AUTONOMY

Autonomy is a technology company on a mission to make access to mobility easy and affordable through car subscriptions. The company was founded by auto retail, auto finance, and auto insurance disruptors Scott Painter and Georg Bauer, who founded Fair, the first-ever used-vehicle subscription offering, pioneering the Car-as-a-Service (CaaS) category. Building upon that experience, Autonomy has created a turnkey vehicle subscription platform for consumers and the automotive industry that enables vehicle subscriptions to scale profitably and become a mainstream alternative to traditional car buying. Autonomy is innovating through technology, finance, and insurance to power car subscriptions for the battery, electric vehicle, and zero-emissions vehicle sectors. Autonomy relies on partnerships with automakers and brick-and-mortar car dealerships to provide benefits to both consumers and the industry. Autonomy represents freedom from long-term debt, freedom from long-term commitments, and even freedom from fossil fuels. It means new choices and more control over your financial well-being. Autonomy is based in Santa Monica, California.

Shadee Malekafzali
Head of Investor Relations and Corporate Communications
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Matt Swope
Corporate Communications Manager
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AMSTERDAM--(BUSINESS WIRE)--Digety, a fast-growing electronic shelf label company from Germany, partners with Nowi, specialised in energy harvesting, to develop solar-powered electronic shelf labels used in retail stores.

This collaboration aims to meet surging market demand to provide retail stores with an innovative solution that will allow them to further increase their yield and manage their supply chain processes more efficiently.

Digety’s portfolio includes digital tags and electronic shelf labels. Its system is flexible, scalable and low maintenance, with decreased implementation and operation costs and limitless expandability making Digety’s technology suitable for an endless range of use cases.

Thanks to its minimum need for external components and ultra-compact size, the Nowi PMIC was easily integrated into Digety’s 2.7″ and 4.2″ existing RackTags, durable ESLs using high resolution e-paper display. Now powered by solar energy through a very small PV panel on top of the solution and Nowi’s energy harvesting IC, Digety developed “GreenTags” electronic shelf labels, which run without ever having to change a battery.

Simon Roth, co-founder and CEO at Digety, explains “The Energy Harvesting IC from Nowi was simple to be integrated into our electronic labels. Now our "GreenTags" independently harvest the required energy from light that is available everywhere. It's indeed a bit like magic!”. He adds “Also, as we are responsible for a more sustainable and environmentally friendly world, we are one step ahead by eliminating the necessity of recurring battery changes, by avoiding unnecessary waste production, and thus, reducing the need for mined raw materials.”. This cost-efficient solution allows vendors and retailers to reduce their maintenance and labour costs while providing a sustainable solution that will allow to drastically decrease the number of discarded batteries, hence making the retail industry less dependent on polluting storage elements.

Discover Digety’s newest GreenTags, powered by Nowi’s energy harvesting technology, at EuroCIS – the leading trade fair for retail technology– in Hall 9 / E32 (Instore Solutions booth) from May 31st to June 2nd 2022 in Düsseldorf. The Nowi team will also be available for additional information about its technology, will explain how it can be used to perpetually power retail devices and how its market-leading chipsets are gaining traction with renowned label makers and international retailers, making ESLs a growing market for energy harvesting.

Melissa O’Leary
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