Exelon’s focus on modernizing energy transmission and delivery systems enables clean, affordable, safe and reliable energy service for customers and equitably expands economic opportunity in communities
CHICAGO--(BUSINESS WIRE)--Exelon Corp. (Nasdaq: EXC) will host an investor and analyst event today, January 10, beginning at 12:00 p.m. Central Time, 1:00 p.m. Eastern Time. Exelon management will outline how the company is positioned to deliver critical, innovative and affordable energy services to customers, while continuing to expand economic opportunity and promote equity in the communities it serves. In addition, Exelon management will detail the company’s strategic plans to drive growth and enhanced shareholder value as the nation’s largest utility company with more than 10 million customers at six regulated electric and gas utilities — Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO) and Potomac Electric Power Company (Pepco) — following the separation of its Constellation power generation and competitive energy business. The separation is expected to close on February 1.
“Our mission at Exelon is to continue to be the premier transmission and distribution utility company by providing reliable, safe, clean, affordable and innovative energy products to our more than 10 million customers,” said Christopher M. Crane, president and CEO of Exelon. “Following separation, Exelon will maintain focus on our core business strategies, while driving economic development and investment in our communities and innovating to lead clean energy grid transformations. We are confident that following this separation, Exelon will continue to be a strong parent company for our fully regulated transmission and distribution utilities and is well positioned to invest in critical infrastructure and innovative technologies to stay ahead of our rapidly evolving industry, improve reliability and resilience, enhance safety and the customer experience, and transition to a cleaner energy future.”
During the event, members of Exelon’s leadership team will outline the company’s strategic priorities to generate value for shareholders from its industry-leading platform in major U.S. metropolitan markets, including its:
As part of the event, Exelon is also introducing 2022 adjusted (non-GAAP) operating earnings guidance for the new company of $2.18-$2.32 per share, which is up from revised guidance for utilities plus the Exelon holding company of $2.06-$2.14 per share in 2021, driven by increased investment on behalf of customers at the utilities as well as updated revenues at PECO from recent rate cases.
2022 Analyst Day Presenters
The Analyst Day will feature presentations from the following Exelon executives:
Full biographies of the speakers can be found in the executive profiles section of the Exelon website at exeloncorp.com/leadership-and-governance/executive-profiles.
Webcast Information
The Exelon event will begin at 12:00 p.m. Central Time, 1:00 p.m. Eastern Time. The webcast and associated materials can be accessed here.
About Exelon
Exelon Corporation (Nasdaq: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2020 revenue of $33 billion. Exelon serves approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 31,000 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including three fourths of the Fortune 100. Follow Exelon on Twitter @Exelon.
Andrew Plenge
Investor Relations
312-394-2345
Paul Adams
Corporate Communications
410-470-4167
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SAN JOSE, Calif.--(BUSINESS WIRE)--$BE #hydrogen--Bloom Energy Corporation (NYSE:BE) today announced the appointment of Rick Beuttel as vice president, hydrogen business. In this newly created role, Beuttel will spearhead the company’s commercial hydrogen strategy and will forge key partnerships to advance and scale Bloom’s efforts to enable the global hydrogen economy.
Beuttel brings over three decades of experience in business development in the energy and industrial sectors, including extensive work deploying and scaling hydrogen projects across international markets. Beuttel will help define Bloom’s market strategy, serve as an evangelist for emerging hydrogen solutions, and develop relationships with industry leaders to continue momentum around Bloom’s hydrogen technology. Following the launch of its solid oxide, high temperature electrolyzer in July 2021, Bloom Energy collaborated with organizations across the energy sector to accelerate the global hydrogen economy, including projects to produce low-cost, green hydrogen and blend hydrogen into natural gas networks.
“On behalf of the entire leadership team, we are thrilled to welcome Rick to Bloom Energy, especially as we enter 2022 with such strong momentum,” said Sharelynn Moore, executive vice president and CMO, Bloom Energy. “With an impressive track record as a global energy leader, Rick will help us actualize our vision for the future of energy, driving new collaborations and scaling technologies that make a hydrogen-fueled economy a reality.”
Before joining Bloom Energy, Beuttel served as vice president of business development at Air Products, overseeing the development and execution of large-scale energy projects, largely focused on hydrogen throughout the Americas. During this time, he was responsible for the deployment of over $8 billion of capital, including world-scale hydrogen projects in Eastern Louisiana, Edmonton, Alberta, the acquisition of hydrogen plants from PBF Energy, and other projects centered around hydrogen and synthesis gas production.
“Between its groundbreaking technology and exciting collaborations with other major energy players, Bloom Energy is truly paving the way for the global hydrogen economy of tomorrow,” said Beuttel. “I’m proud to be joining a team at the forefront of the industry during such a pivotal moment, and I’m excited to advance Bloom’s mission of providing cost-effective, reliable energy for everyone around the world.”
Beuttel held a number of senior roles across regions during his tenure at Air Products, including business manager for generated gases in the Americas, business development manager for Latin America, and business manager for Asia tonnage focused on the semiconductor and display industries. Early in his career, Beuttel also served as business development director for TRiMEGA Electronics, LLC, a joint venture with the Kinetics Group.
Beuttel holds a bachelor’s degree in mechanical engineering from Stevens Institute of Technology and a Master of Business Administration from Lehigh University and is also chairman of the board of the Lehigh Valley Velodrome.
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Words such as “anticipates,” “could,” “expects,” “intends,” “plans,” “projects,” “believes,” “seeks,” “estimates,” “can,” “may,” “will,” “would” and similar expressions identify such forward-looking statements. These statements include, but are not limited to, expectations regarding the global hydrogen economy. These statements should not be taken as guarantees of results and should not be considered an indication of future activity or future performance. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, including those included in the risk factors section of Bloom Energy’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 and other risks detailed in Bloom Energy’s SEC filings from time to time. Bloom Energy undertakes no obligation to revise or publicly update any forward-looking statements unless if and as required by law.
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MONTRÉAL--(BUSINESS WIRE)--$NMG--Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the appointment of Bernard Perron to the position of Chief Operating Officer starting Monday, January 17, 2022. Mr. Perron will oversee Nouveau Monde’s engineering, procurement, construction, operations, as well as environmental, health and safety (“EH&S”) management for its integrated mine-to-battery-material business model.
A senior executive with over 25 years of experience in the energy infrastructure sector, Perron has successfully completed over $8 billion in projects in the last ten years with industry-leading EH&S performance. Prior to joining Nouveau Monde, Mr. Perron acted as Senior Vice President, Project Development & Operations Services, at Inter Pipeline Ltd., where he led the construction of a $4.1 billion industrial complex and oversaw a team of over 450 employees. Mr. Perron cumulates hands-on project management experience for large facilities and infrastructure across Canada, Africa, and South America. He holds a Master in Business Administration from Queen’s University and an Engineering Degree, Materials and Metallurgy from École Polytechnique de Montréal.
Eric Desaulniers, Founder, President, and CEO of Nouveau Monde, commented: “As the world transitions from fossil fuels to cleantech, I am delighted to see talented minds and skilled project managers come back to Québec, America’s green battery preparing to power global electrification. Bernard will contribute his immense construction and operational expertise in sophisticated energy industrial settings to execute our vision for an advanced battery material production and a responsible mining complex. In ever-changing business and stakeholder landscapes, Bernard has delivered complex projects on schedule and on budget with an excellent EH&S track record; I am confident that he will support the next stage of our growth and elevate our practices. Bienvenue Bernard!”
Bernard Perron, COO of Nouveau Monde, reacted: “I am thrilled to be joining Nouveau Monde, a company that shares my values of safety, environmental stewardship, and community partnership. In leading strong teams and high-value capital projects, I have learned tremendously from hard-working individuals, highly technical developments, and quality-driven markets. I look forward to advancing Nouveau Monde’s roadmap to drive the transition to a green future.”
Mr. Perron’s nomination coincides with Nouveau Monde’s advancement to the execution of the phase-2 development of its Matawinie mining project for which early works started in 2021 and its Bécancour battery material plant, in respect of which work is underway to complete a feasibility study. Projected to be the largest and most advanced natural graphite operation in North America, Nouveau Monde is carrying out its de-risked phased development plan to build a localized, turn-key, and carbon-neutral alternative to Chinese supply.
About Nouveau Monde
Nouveau Monde 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, Nouveau Monde 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
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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 positive impact of the foregoing on project economics, the development of the Company’s phase-2 commercial operations, the completion of the Company’s feasibility study, the Company’s objective of becoming the largest and most advanced natural graphite operation in North America, the Company’s intended carbon neutrality, cleantech trends, and those statements which are discussed under the “About Nouveau Monde” paragraph and elsewhere in the press release which essentially describe the Company’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain 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 information and 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 information and 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. 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.
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
Julie Paquet
VP Communications & ESG Strategy
+1-450-757-8905 #140
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Aligned Climate Capital Leads Investment as 1st Fast EV Charging Stations About to Debut
SAN FRANCISCO--(BUSINESS WIRE)--#ChargeNetStations--ChargeNet, a software platform start-up that integrates electric vehicle (EV) fast chargers, energy storage and solar power with a payment system, has closed a $6.2 million Series Seed financing round led by Aligned Climate Capital. Additional investors in the round include the San Diego Angels, Tech Coast Angels, and the LACI Impact Fund.
ChargeNet is currently developing fast, solar powered EV charging stations strategically located in quick-serve restaurant parking lots. The first location will debut at a South San Francisco Taco Bell® later this month. These sites are powered by ChargeNet’s innovative software, which affords customers a convenient way to get a near 100-mile charge in 15 minutes, or less, for about $10.
“The key to our partnership with Aligned Climate Capital is our shared values,” said ChargeNet CEO and co-founder Tosh Dutt. “The EV transition is underway, and we want to give EV charging access to everyone.”
The proceeds from the Series Seed investment will be used to execute on ChargeNet’s development pipeline of solar powered charging stations, hire employees, and fund the company’s growth strategy. As the lead investor, Aligned Climate Capital will join the Board of Directors.
“EV drivers need fast charging as part of their daily routine,” said Brendan Bell, COO of Aligned Climate Capital. “More than five million people eat at Taco Bell restaurants across the country every day. ChargeNet brings fast charging to these drivers, and clean energy to the restaurants.”
Restaurant owners benefit from the technology, as well. By integrating solar and energy storage, ChargeNet reduces utility costs and increases renewable energy usage. More than 70 additional Taco Bell® restaurants, operated by franchisees Diversified Restaurant Group, are set to add ChargeNet services in the coming months, each with six stations per restaurant parking lot.
“We’re always looking for opportunities to bring innovative and sustainable ideas to market, especially those that create a ‘win-win’ for our customers, the community and our business,” says SG Ellison, President of Diversified Restaurant Group.
ChargeNet Stations was co-founded by a trio of energy and engineering experts. Tosh Dutt, who serves as CEO, has an engineering background and is a subject matter expert in distributed energy resources and senior management. His fellow co-founders are COO Venus Jenkins, a chemical engineer with experience at San Onofre Nuclear Generating Station, an MBA from MIT and a woman who led the largest fiber infrastructure deployment project in Orange County, CA. and Rebecca Wolkoff, CTO, who holds degrees in both electrical and mechanical engineering, worked on Tesla’s electric car production and is an expert in energy storage optimization.
LACI’s Impact Fund (LIF) invests in cleantech companies operating across Southern California. ChargeNet is a member of LACI’s Innovators and Incubation Program and has joined LIF’s portfolio in creating an inclusive green economy through the reduction of GHG emissions.
To learn more, visit ChargeNetStations.com and follow on Twitter @ChargeNetStnUS.
About ChargeNet
ChargeNet is an AI driven software company. Our software platform creates a seamless opportunity for Quick Serve Restaurants to offer customers a superior EV charging experience in mere minutes. ChargeNet’s hardware-agnostic SaaS platform, ChargeOpt, optimizes EV chargers and renewable energy to transform parking lots into profit centers.
About Aligned Climate Capital
Aligned Climate Capital LLC is an asset manager investing exclusively in the people, companies, and real assets that are decarbonizing the global economy. Founded in 2019, Aligned is a dynamic and mission-driven firm that believes solving climate change is a unique opportunity to generate strong financial returns, while also achieving meaningful environmental and social impact. The team works at the intersection of finance, technology, and public policy with a particular focus on ESG metrics. For more information, please visit www.AlignedClimateCapital.com.
Elizabeth L. Driscoll
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480-766-3794
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that its affiliate has entered into a definitive agreement to acquire Navitas Midstream Partners, LLC from an affiliate of Warburg Pincus LLC in a debt-free transaction for $3.25 billion in cash consideration. Navitas Midstream provides natural gas gathering, treating and processing services in the core of the Midland Basin of the Permian. Navitas Midstream’s assets include approximately 1,750 miles of pipelines and over 1 billion cubic feet per day of cryogenic natural gas processing capacity with the completion of the Leiker plant, which is expected in the first quarter of 2022.
This acquisition provides Enterprise’s natural gas processing and NGL business with an entry point into the Midland Basin, one of the most economic and prolific crude oil regions in the United States. Drilling activity in the Midland Basin currently represents approximately 20 percent of active onshore drilling rigs in the U.S. The system is anchored by long-term contracts and acreage dedications with a diverse group of over forty independent and publicly owned producers.
Navitas Midstream provides visibility to future growth with up to 10,000 drilling locations, or over fifteen years of drilling inventory based on current rig counts, on the dedicated acreage. The system is supported by fee-based contracts that provide additional revenues based on commodity prices.
“We are pleased to announce the acquisition of Navitas Midstream,” said A. J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner. “The Navitas management team has developed a premier system in the heart of the Midland Basin. The Delaware and Midland Basins are the two most attractive regions in the U.S. in terms of crude oil, natural gas and NGL reserves with each having up to nine geologic horizons. We do not have a natural gas or NGL presence in the Midland Basin other than downstream pipelines. This acquisition will give us an entry point into the basin.”
“The system, including its large footprint of low pressure natural gas gathering, is an attractive processing franchise that provides value added services to producers,” stated Randy Fowler, co-chief executive officer and chief financial officer of Enterprise’s general partner. “We believe this acquisition will be immediately accretive to distributable cash flow per unit. Based on the current outlook for commodity prices in 2023, which would be our first full year of ownership, we believe distributable cash flow accretion will be in the range of $0.18 to $0.22 per unit. This investment will provide Enterprise with an attractive return on capital and support additional capital returns to our limited partners through distribution growth and buybacks of common units.”
“We are excited to contribute our unique Midland Basin system to Enterprise, one of the premier midstream operators,” said R. Bruce Northcutt, CEO of Navitas. “I am proud of what the Navitas team accomplished over the past seven years, and would also like to thank Warburg Pincus for their close partnership along the way.”
This transaction is expected to be completed in the first quarter of 2022 subject to customary regulatory approvals. The transaction is expected to be funded using cash on hand and borrowings under the partnership’s existing commercial paper and bank credit facilities.
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity. Please visit www.enterpriseproducts.com for more information.
This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprise’s reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise their respective forward-looking statements, whether as a result of new information, future events or otherwise.
Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745, This email address is being protected from spambots. You need JavaScript enabled to view it.
Rick Rainey, Media Relations (713) 381-3635, This email address is being protected from spambots. You need JavaScript enabled to view it.
SAN ANTONIO--(BUSINESS WIRE)--NuStar Energy L.P. (NYSE: NS) announced today that members of management will participate in virtual meetings with members of the investment community at the 2022 UBS Winter Infrastructure & Energy Conference on Tuesday, January 11, 2022 and Wednesday, January 12, 2022. The materials to be discussed in the meetings will be available on the partnership’s website at 10:00 a.m. Eastern Time, Tuesday, January 11, 2022.
NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 10,000 miles of pipeline and 64 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. The partnership’s combined system has approximately 57 million barrels of storage capacity, and NuStar has operations in the United States, Canada and Mexico. For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com and its Sustainability page at https://sustainability.nustarenergy.com/.
Investors, Pam Schmidt, Vice President, Investor Relations
Investor Relations: 210-918-INVR (4687)
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BUFFALO, N.Y.--(BUSINESS WIRE)--$ROCK #ROCK--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, today announced that Chairman and Chief Executive Officer Bill Bosway and Chief Financial Officer Tim Murphy are scheduled to present at the CJS Securities 22nd Annual New Ideas for the New Year Conference on Wednesday, January 12, 2022, at 8:00 a.m. ET, and hold meetings with investors that day.
The link to the live webcast of the Company’s presentation will be available by visiting Gibraltar’s website at https://ir.gibraltar1.com/reports-presentations.
About Gibraltar
Gibraltar Industries is a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets. With a three-pillar strategy focused on business systems, portfolio management, and organization and talent development, Gibraltar’s mission is to create compounding and sustainable value with strong leadership positions in higher growth, profitable end markets. Gibraltar serves customers primarily throughout North America. Comprehensive information about Gibraltar can be found on its website at www.gibraltar1.com.
LHA Investor Relations
Jody Burfening/Carolyn Capaccio
(212) 838-3777
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DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, has announced the acquisition of Tax Advisory Services Group, LLC (TASG), a full-service excise tax provider based in Houston, Texas. TASG provides tax compliance and related services with a specialization in motor fuel excise taxes. They recently expanded their compliance offerings to include reporting of vape and tobacco taxes. This strategic acquisition will further strengthen Ryan’s expertise in the fuels tax area and expand service offerings in other excise-tax-related areas.
“TASG has developed vast knowledge and a stellar reputation in the motor fuels tax industry,” said Ryan Chairman and CEO G. Brint Ryan. “They are a strong complement to our existing fuels tax recovery practice and will expand the Firm’s offerings by providing a scalable fuels tax compliance platform for our clients.”
The acquisition of TASG adds a team of accomplished professionals who have experience in delivering client solutions in tax license and registration, reporting and compliance, tax controversies, tax determination and compliance software implementation, and tax process optimization. TASG also brings a significant team of business operations professionals based in the Philippines.
Oscar L. Garza and Khristine K. Espinoza, co-founders of TASG, will join Ryan as Principals in the Firm’s Tax Compliance practice and bring strong experience in U.S. federal and state motor fuel excise taxes, tax process automation, and tax systems implementation.
“We believe our team will provide significant value to existing and new clients at Ryan as they navigate the complex world of motor fuels and excise taxes,” said Oscar L. Garza. “Additionally, the dynamic work culture at Ryan was a key factor in our decision. We are excited to join such a knowledgeable and skilled group of tax professionals.”
“We are excited to bring our business operations in the Philippines to support Ryan’s accelerated growth worldwide,” said Khristine K. Espinoza. “We saw this as an excellent opportunity for TASG to be a part of a team with an unrivaled reputation in the tax industry.”
About Ryan
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. With global headquarters in Dallas, Texas, the Firm provides an integrated suite of federal, state, local, and international tax services on a multijurisdictional basis, including tax recovery, consulting, advocacy, compliance, and technology services. Ryan is a nine-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multidisciplinary team of more than 3,100 professionals and associates serves over 18,000 clients in more than 60 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com. “Ryan” and “Firm” refer to the global organizational network and may refer to one or more of the member firms of Ryan International, each of which is a separate legal entity.
Stacey Underwood
Senior Manager, Content, Communications, and Public Relations
Ryan
972.934.0022
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TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) is pleased to announce that Superior Propane and Charbone Corporation (“Charbone”) are collaborating to provide green hydrogen to commercial and industrial customers initially in Quebec, Canada. Superior and Charbone will leverage their collective expertise in mobile energy distribution and related logistics and green hydrogen production, respectively, to make hydrogen fuel an affordable and convenient energy option for companies looking to reduce carbon emissions, utilize green sources of energy and achieve sustainability goals across multiple industry sectors.
Under the terms of the letter of intent between the parties, Charbone will provide Superior with green hydrogen from its Sorel-Tracy, Quebec facility with initial deliveries expected as early as the third quarter of 2022. Superior Propane’s industry leading energy distribution business will be responsible for delivering hydrogen directly from Charbone’s facility to Superior’s customers. These customers include mining, power generation, transportation and industrial energy users. The arrangement between Superior Propane and Charbone is subject to negotiation and completion of the terms of definitive agreements and the construction of the Sorel-Tracy, Quebec facility.
“We are excited to be working with Charbone to offer green hydrogen to customers in Quebec, Canada,” said Luc Desjardins, Superior’s President and CEO. “Superior’s safety record, logistics network and best-in-class mobile energy distribution platform will enable Charbone to continue to expand its hydrogen supply business. Superior’s access to Charbone’s green hydrogen production will allow us to sell cost-effective green energy to current and new customers and aligns with our larger strategy to offer alternative energy products, including green and low carbon energy alternatives, to our customers by leveraging our existing energy distribution business.”
“The combination of Superior’s expertise in delivering portable energy solutions to a wide variety of industries with Charbone’s production of green hydrogen, will be a game changer related to the availability of zero carbon energy offerings to customers in Quebec,” said Rick Carron, President of Superior Propane.
“Our agreement with Superior to build an exclusive partnership is a very important milestone in the history of Charbone Corporation,” said Dave Gagnon, Chairman and CEO of Charbone. “The resulting agreement from this partnership will allow both parties to produce, develop, sell and distribute green hydrogen throughout an extensive network and offer Canadian industries a new alternative clean energy solution."
About Superior
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada.
About Charbone
Charbone Corporation is a Canadian green hydrogen group established in North America. The Company’s strategy consists in developing modular and expandable hydrogen facilities. Through the acquisition of hydropower plants in the United States and Canada, Charbone will be able to produce green dihydrogen molecules using reliable and sustainable energy to distinguish itself as a provider of an environmentally friendly solution for industrial and commercial enterprises.
For further information about Superior, please visit Superior’s website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Toll Free: 1-866-490-PLUS (7587).
Forward Looking Information
This news release contains certain forward-looking information and statements that are based on Superior’s current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In this news release, such forward-looking information and statements can be identified by terminology such as “will”, "expects", "annualized", and similar expressions.
In particular, this news release contains forward-looking statements and information relating to the expected commercialization and supply and logistics business opportunities related to green hydrogen, the expected completion of the Sorel-Tracy production facility and the negotiation and completion of definitive agreements between the parties and the expected timing of such events. These forward-looking statements are being made by Superior based on certain assumptions that Superior has made in respect thereof as at the date of this news release, regarding, among other things: the success of Superior’s operations; prevailing commodity prices, margins, volumes and exchange rates; that Superior’s future results of operations will be consistent with past performance and management expectations in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements; future operating costs; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner; that the Sorel-Tracy, Quebec facility will be constructed and operational in the anticipated time frame; that the successful negotiation of definitive binding agreement(s) will be achieved in the anticipated time frame. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive entities and pricing; reliance on key industry partners and agreements; actions by governmental or regulatory authorities including changes in tax laws and treatment, or increased environmental regulation; adverse general economic and market conditions in Canada, North America and elsewhere; fluctuations in operating results; labour and material shortages; and certain other risks detailed from time to time in Superior’s public disclosure documents including, among other things, those detailed under the heading "Risk Factors" in Superior’s management's discussion and analysis and annual information form for the year ended December 31, 2020, which can be found at www.sedar.com.
Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.
Beth Summers
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran
Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
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Toll Free: 1-866-490-PLUS (7587)
A renowned leader in environmental technology and climate policy, Schrag will support Climate Vault’s mission to discover and kickstart carbon dioxide removal (CDR) enterprises
The Technology Experts Chamber, created by Climate Vault’s Michael Greenstone and chaired by former energy secretary Ernest Moniz, includes top names in climate-related science and technology
Schrag replaces Sally Benson, who stepped down to accept a senior appointment in the Biden Administration
CHICAGO--(BUSINESS WIRE)--Climate Vault, an award-winning non-profit founded at the University of Chicago, today announced that Daniel Schrag, an expert on climate and climate change and holder of numerous prestigious posts at Harvard University, will be joining Climate Vault’s Technology Experts Chamber. A panel of world-leading environmental scientists, technologists and policy experts, the Tech Chamber is headed by former energy secretary Ernest Moniz. Schrag replaces Sally Benson, who stepped down to accept a senior appointment by President Biden to the White House Office of Science and Technology Policy.
Dr. Ernest Moniz, former U.S. Secretary of Energy and Chair of the Tech Chamber, said, “The current rate of climate change mitigation is untenable, and it is imperative that stakeholders across business, politics and industry work together to scale ways not just of reducing but actually reversing carbon emissions. I am pleased that Dan will join us on this mission. We worked together closely on the President’s Council of Advisors on Science and Technology (PCAST) during the first Obama Administration, and I look forward to a renewed partnership.”
“Dan has made extraordinary contributions to understanding about past, current, and future climate change and about approaches to mitigating future climate change. He has received a long slew of awards, including the MacArthur “Genius” Fellowship, and is a global leader,” said Michael Greenstone, Milton Friedman Distinguished Service Professor in Economics at the University of Chicago and Co-Founder of Climate Vault. “He is the perfect addition to the Tech Chamber, and his guidance in identifying and enacting lasting climate solutions will be invaluable. I also want to thank Sally Benson for sharing her wisdom and guidance that she is now using to shape U.S. federal policy.”
Climate Vault is reshaping the carbon offset market by using contributions from supporters to purchase and “vault” carbon emissions permits from government-regulated compliance markets – effectively offsetting the contributors’ own emissions. More information on Climate Vault’s approach can be found here. Through its Tech Chamber, Climate Vault will leverage the value of vaulted emissions permits to support breakthrough carbon dioxide removal (CDR) enterprises that remove carbon dioxide from the atmosphere – opening a path to net zero emissions.
“I am inspired to serve on Climate Vault’s Tech Chamber alongside a group of such extraordinary environmental thinkers and leaders,” said Daniel Schrag. “I have dedicated most of my career to supporting technologies and policies that can combat climate change and its impacts. Climate Vault and the Tech Chamber are leading one of the most interesting and multi-disciplinary approaches I’ve seen. I’m eager to be a part of it.”
The Tech Chamber recently launched its initial Request for Proposal (RFP) for qualified CDR technologies with the aim of awarding up to $7 million in first round grants by the end of Q1 2022. Additional information about the RFP can be found here.
Daniel Schrag Biography
Schrag is Sturgis Hooper Professor of Geology and Professor of Environmental Science and Engineering at Harvard University. He also serves as Director of the Harvard University Center for the Environment and Director of the Science, Technology, and Public Policy Program at the Harvard Kennedy School.
His research has included work in energy technology and policy, including carbon capture and storage and low-carbon synthetic fuels.
Schrag previously served on President Obama’s Council of Advisors on Science and Technology from 2009-2017. He is the recipient of the James B. Macelwane Medal from the American Geophysical Union and a MacArthur Fellowship. Schrag earned a B.S. in geology and geophysics and political science from Yale University and his Ph.D. in geology from the University of California at Berkeley.
About Climate Vault
Founded at the University of Chicago, Climate Vault is a Delaware-incorporated non-stock, not-for-profit organization with a pending 501(c)(3) tax-exempt application. Climate Vault works with individuals and organizations to reduce carbon emissions by using cap-and-trade compliance markets to purchase and “vault” CO2 permits to provide a quantifiable, verifiable offset. Climate Vault will then use the value of the permits to support cutting-edge carbon removal technologies to remove pollution already in the atmosphere. Visit www.ClimateVault.org to learn more, calculate your individual footprint, and help your organization or financial portfolio reach net zero. Join the climate conversation by following us on Facebook, Twitter, and LinkedIn.
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Accenture has been recognized by HFS as the leading provider across execution, innovation and alignment to the HFS OneOfficeTM vision of digital transformation
NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) has been ranked as the number one provider for energy services in the latest Top 10 Report 2021 from industry analyst firm HFS Research.
The report assessed how well business and technology service providers help their clients achieve results across the industry through expertise in consulting, digital and emerging technologies, sustainability services and managed services. Their industry-specific capabilities were evaluated throughout the value chain from upstream exploration and production services to downstream, retail and marketing.
Accenture’s position in the report was based on its leading execution and innovation capabilities, as well as the greatest alignment with the HFS OneOfficeTM vision of digital transformation, placing it ahead of the other leading providers that HFS assessed.
In the report, Accenture was also specifically recognized for its ambition and resources, positioning it optimally to help clients navigate the energy transition, and a strong combination of delivery and high-level strategy, showcased in its sustainability and global networks.
“Our position in this HFS report reflects our dedication to partnering closely with our clients to help them successfully navigate these transformative times for the industry by delivering leading returns in their core businesses and embracing new opportunities for growth,” said Muqsit Ashraf, a senior managing director and global lead for Accenture’s Energy business.
While Accenture ranked number one overall, it also held the leading position in the majority of the evaluation criteria including scale and resources, client reach, ecosystem and technology use and development.
"Accenture’s resources are unmatched, enabling it to excel at execution and innovation across the energy industry value chain, which is why it ranked as number one in the overall Top 10,” said Josh Matthews, practice leader, HFS. “It backs up this scale with exceptional customer satisfaction and alignment to our OneOffice vision of what digital transformation should look like in action. For some time, Accenture has set the pace in the sustainability services ecosystem and, combined with a meticulous industry focus, this means it is well-placed to lead, in the energy transition."
The HFS Energy Services Top 10 report cited the following Accenture strengths:
“As the industry transforms quickly, we see it as crucial to collaborate closely with oil and gas firms to help them transform their core business and build new capabilities for the energy transition,” said Vivek Chidambaram, a managing director and global lead for Accenture’s Energy industry solutions. “Through our dedication to delivering cutting-edge, industry-specific innovation to our clients, we stand out for our ability to help them not just survive this sea change, but thrive in it.”
The findings of the report were based on detailed quantitative and qualitative information provided by service providers on their operations and strategies, briefings conducted with the service providers, reference calls and surveys with their clients, HFS surveys with more than 800 Global 2000 enterprises and publicly available information.
More information about Accenture’s services to the energy industry can found here.
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 674,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.
Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.
This content is provided for general information purposes and is not intended to be used in place of consultation with our professional advisors. This document refers to marks owned by third parties. All such third-party marks are the property of their respective owners. No sponsorship, endorsement or approval of this content by the owners of such marks is intended, expressed or implied.
Guy Cantwell
Accenture
+ 1 281 900 9089
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Matt Corser
Accenture
+ 44 755 784 9009
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DUBLIN--(BUSINESS WIRE)--The "Nutraceuticals: Global Markets to 2026" report has been added to ResearchAndMarkets.com's offering.
The global nutraceutical market should grow from $289.8 billion in 2021 to $438.9 billion by 2026, at a compound annual growth rate (CAGR) of 8.7% for the period of 2021-2026.
Report Scope
This report provides market insights into the global market for nutraceuticals, with specific focus on the U.S., Europe and India and the top ingredients in those countries. It provides an array of information including market size, expected growth rates, market drivers and restraints, as well as other trends and developments in the market.
The global nutraceutical market has expanded rapidly in recent years, and this trend is projected to continue. Rising health concerns, an aging population and rising per capita income in developing nations such as China, India and Brazil are driving the industry.
The worldwide nutraceutical market is confronted with a number of obstacles, including high nutraceutical product pricing and a lack of awareness regarding nutraceuticals. There are numerous potential chances to enter the global nutraceutical business due to its exponential growth. There is also room for contract makers of nutraceutical products to optimize product manufacturing and delivery time.
Furthermore, increased industry regulation globally, new product launches, and an increase in acquisitions are boosting global nutraceutical market growth.
Increasing consumer demand for nutraceutical products is also helping market players to position themselves globally by launching a variety of new and innovative products. Currently, changes due to technology and innovation allow manufacturers to produce nutraceuticals and functional foods targeted for both specific and general health issues.
Regulatory authorities in different countries are taking the initiative to set standards and regulations for the promotion of safe and healthy nutraceuticals. This report is designed to cover aspects of nutraceutical types, demand trends and market opportunities. It also examines the overall global nutraceutical market and the market penetration of nutraceuticals in different regions and countries.
The Report Includes
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Overview of the Global Nutraceutical Industry
Chapter 4 Market Drivers and Barriers
Chapter 5 Market Dynamics
Chapter 6 International Regulations for Nutraceutical Products
Chapter 7 Market Breakdown by Product
Chapter 8 Market Breakdown by Ingredients
Chapter 9 Market Breakdown by Application
Chapter 10 Market Breakdown by Distribution Channel
Chapter 11 Market Breakdown by Region
Chapter 12 Market Analysis
Chapter 13 Supply and Value Chain Analysis
Chapter 14 Competitive Landscape
Chapter 15 Company Profiles
Chapter 16 International Nutraceutical Patents Analysis
For more information about this report visit https://www.researchandmarkets.com/r/8krfb0
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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PARIS & ARNHEM, Netherlands & NEW YORK--(BUSINESS WIRE)--Allego Holding B.V. (“Allego” or “the “Company”), a leading pan-European electric vehicle charging network, announced today that it will present at the 24th Annual Needham Growth Conference. Members of management will present on Thursday, January 13, at 12:30 pm ET. A webcast to the event will be available at the link HERE.
Allego has previously announced that it entered into a business combination with Spartan Acquisition Corp. III (“Spartan”) (NYSE: SPAQ), a special purpose acquisition company (SPAC), pursuant to which Allego with combine with Spartan.
About Allego
Allego delivers charging solutions for electric cars, motors, buses and trucks, for consumers, businesses and cities. Allego’s end-to-end charging solutions make it easier for businesses and cities to deliver the infrastructure drivers need, while the scalability of our solutions makes us the partner of the future. Founded in 2013, Allego is a leader in charging solutions, with an international charging network comprised of more than 26,000 charge points operational throughout Europe – and growing rapidly. Our charging solutions are connected to our proprietary platform, EV-Cloud, which gives us and our customers a full portfolio of features and services to meet and exceed market demands. We are committed to providing independent, reliable and safe charging solutions, agnostic of vehicle model or network affiliation. At Allego, we strive every day to make EV charging easier, more convenient and more enjoyable for all.
About Spartan Acquisition Corp. III
Spartan Acquisition Corp. III is a special purpose acquisition entity focused on the energy value-chain and was formed for the purpose of entering into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Spartan is sponsored by Spartan Acquisition Sponsor III LLC, which is owned by a private investment fund managed by an affiliate of Apollo Global Management, Inc. (NYSE: APO). For more information, please visit www.spartanspaciii.com.
Forward-Looking Statements.
All statements other than statements of historical facts contained in this press release (“Press Release”) are forward-looking statements. Forward-looking statements may generally be identified by the use of words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,”, “project,” “forecast,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “target” or other similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity and market share. These statements are based on various assumptions, whether or not identified in this Press Release, and on the current expectations of Allego’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Allego. These forward-looking statements are subject to a number of risks and uncertainties, including (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) risks related to the rollout of Allego’s business strategy and the timing of expected business milestones; (iii) risks related to the consummation of the proposed business combination with Spartan Acquisition Corp. III being delayed or not occurring at all; (iv) risks related to political and macroeconomic uncertainty; (v) the risk that the installation of the charging solutions at Nissan locations is delayed or does not occur at all; (vi) the risk that the benefits to Allego of the Nissan partnership are delayed, are less than anticipated or do not occur at all; and (vii) the impact of the global COVID-19 pandemic, including its impact on any of the foregoing risks. If any of these risks materialize or Allego’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Allego does not presently know or that Allego currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Allego’s expectations, plans or forecasts of future events and views as of the date of this Press Release. Allego anticipates that subsequent events and developments will cause Allego’s assessments to change. However, while Allego may elect to update these forward-looking statements at some point in the future, Allego specifically disclaims any obligation to do so, unless required by applicable law. These forward-looking statements should not be relied upon as representing Allego’s assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
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HOUSTON--(BUSINESS WIRE)--Today Western Midstream Partners, LP (NYSE: WES) (“WES” or the “Partnership”) announced that on January 11 and January 12, 2022, Craig Collins, WES’s Chief Operating Officer, and Kristen Shults, WES’s Senior Vice President, Finance and Communications, will participate in one-on-one sessions at the UBS Winter Infrastructure and Energy Conference.
ABOUT WESTERN MIDSTREAM
Western Midstream Partners, LP (“WES”) is a Delaware master limited partnership formed to acquire, own, develop, and operate midstream assets. With midstream assets located in the Rocky Mountains, North-central Pennsylvania, Texas, and New Mexico, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, NGLs, and crude oil; and gathering and disposing of produced water for its customers. In addition, in its capacity as a processor of natural gas, WES also buys and sells natural gas, NGLs, and condensate on behalf of itself and as an agent for its customers under certain of its contracts.
For more information about Western Midstream Partners, LP and Western Midstream Flash Feed updates, please visit www.westernmidstream.com.
WESTERN MIDSTREAM CONTACTS
Kristen Shults
Senior Vice President, Finance and Communications
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832.636.1009
Daniel Jenkins
Director, Investor Relations
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Shelby Keltner
Manager, Investor Relations
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TORONTO--(BUSINESS WIRE)--Viston United Swiss AG (“Viston”) and its indirect, wholly-owned subsidiary, 2869889 Ontario Inc. (the “Offeror”) remind Shareholders of Petroteq Energy Inc. (“Petroteq”) (TSX-V:PQE; OTC:PQEFF; FSE:PQCF) that its significant premium, all cash Offer remains open and, with the deadline to tender approaching, now is the time to tender.
Petroteq Board’s Unanimous Recommendation to Accept Offer
Viston was pleased to see the press release issued by Petroteq on January 4, 2022, and Supplement to its Directors’ Circular in respect of the Offer, in which the Petroteq Board unanimously recommended that Shareholders accept Viston’s Offer and deposit their Common Shares to Viston’s Offer. Petroteq noted both the significant benefits and risk avoidance inherent in accepting Viston’s Offer and specifically outlined, among others, the following reasons Shareholders should accept Viston’s Offer and tender their Common Shares to Viston’s Offer:
Summary of Offer Details
Viston reminds Shareholders of the following key terms and conditions of the Offer:
For More Information and How to Tender Shares to the Offer
Shareholders who hold Common Shares through a broker or intermediary should promptly contact them directly and provide their instructions to tender to the Offer, including any U.S. dollar currency election. Taking no action and not accepting the Offer comes with significant risks of shareholder dilution and constrained share prices. The deadline for Shareholders to tender their shares is February 7, 2022.
For assistance or to ask any questions, Shareholders should visit www.petroteqoffer.com or contact Kingsdale Advisors, the Information Agent and Depositary in connection with the Offer, within North America toll-free at 1-866-581-1024, outside North America at 1-416-867-2272 or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..
Advisors
The Offeror has engaged Gowling WLG (Canada) LLP (“Gowling”) to advise on certain Canadian legal matters and Dorsey & Whitney LLP to advise on certain U.S. legal matters. Kingsdale Advisors is acting as Information Agent and Depositary.
About the Offeror
The Offeror is an indirect, wholly-owned subsidiary of Viston, a Swiss company limited by shares (AG) established in 2008 under the laws of Switzerland. The Offeror was established on September 28, 2021 under the laws of the Province of Ontario. The Offeror’s registered office is located at 100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, Ontario, Canada M5X 1G5. The registered and head office of Viston is located at Haggenstreet 9, 9014 St. Gallen, Switzerland.
Viston was created to invest in renewable energies and clean technologies, as well as in the environmental protection industry. Viston aims to foster innovative technologies, environmentally-friendly and clean fossil fuels and to help shape the future of energy. Since October 2008, Viston has undertaken its research, development and transfer initiatives in Saint Gallen, Switzerland. Viston has been working to optimize and adapt these technologies to current market requirements to create well-engineered products. Viston’s work also includes the determination of technical and economic risks, as well as the search for financing opportunities.
Caution Regarding Forward-Looking Statements
Certain statements contained in this news release contain “forward-looking information” and are prospective in nature. Forward-looking information is not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking information. Often, but not always, forward-looking information can be identified by the use of forward-looking words such as “plans”, “expects”, “intends”, “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information contained in this news release includes, but is not limited to, statements relating to the following items: expectations relating to the Offer and information concerning the Offeror’s plans for Petroteq in the event the Offer is successful; the satisfaction or waiver of the conditions to consummate the Offer; the benefits of the Offer; the results, effects and timing of the Offer and completion of any Compulsory Acquisition or Subsequent Acquisition Transaction; expectations regarding the availability of financing and the Offeror’s plans for any refinancing transactions; expectations that there is a low likelihood of a competing offer and the likelihood that the price of the Common Shares will decline back to pre-Offer levels if the Offer is not successful; expectations regarding the process for obtaining regulatory approvals; the tax treatment of Shareholders; intentions to delist the Common Shares and to cause Petroteq to cease to be a reporting issuer and to cease to have public reporting obligations in any jurisdiction where it currently has such obligations, if permitted under applicable Law; and the completion of a Compulsory Acquisition or a Subsequent Acquisition Transaction.
Although the Offeror and Viston believe that the expectations reflected in such forward-looking information are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking information, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results, performance or achievements of the Offeror or the completion of the Offer to differ materially from any future results, performance or achievements expressed or implied by such forward-looking information include, among other things, the ultimate outcome of any possible transaction between Viston and Petroteq, including the possibility that Petroteq will not accept a transaction with Viston or enter into discussions regarding a possible transaction, actions taken by Petroteq, actions taken by security holders of Petroteq in respect of the Offer, that the conditions of the Offer may not be satisfied or waived by Viston at the expiry of the Offer period, the ability of the Offeror to acquire 100% of the Common Shares through the Offer, the ability to obtain regulatory approvals and meet other closing conditions to any possible transaction, including any necessary shareholder approvals, potential adverse reactions or changes to business relationships resulting from the announcement, pendency or completion of the Offer transaction or any subsequent transaction, competitive responses to the announcement or completion of the Offer, unexpected costs, liabilities, charges or expenses resulting from the proposed transaction, exchange rate risk related to the financing arrangements, litigation relating to the proposed transaction, the inability to engage or retain key personnel, any changes in general economic and/or industry-specific conditions, industry risk, risks inherent in the running of the business of the Offeror or its affiliates, legislative or regulatory changes, Petroteq’s structure and its tax treatment, competition in the oil & gas industry, obtaining necessary approvals, financial leverage for additional funding requirements, capital requirements for growth, interest rates, dependence on skilled staff, labour disruptions, geographical concentration, credit risk, liquidity risk, changes in capital or securities markets and that there are no inaccuracies or material omissions in Petroteq’s publicly available information, and that Petroteq has not disclosed events which may have occurred or which may affect the significance or accuracy of such information. These are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of the Offeror’s forward-looking information. Other unknown and unpredictable factors could also impact its results. Many of these risks and uncertainties relate to factors beyond the Offeror’s ability to control or estimate precisely. Consequently, there can be no assurance that the actual results or developments anticipated by the Offeror will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, the Offeror, its future results and performance.
Forward-looking information in this news release is based on the Offeror and Viston’s beliefs and opinions at the time the information is given, and there should be no expectation that this forward-looking information will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and each of the Offeror and Viston disavows and disclaims any obligation to do so except as required by applicable Law. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of the Offeror or any of its affiliates or Petroteq.
Unless otherwise indicated, the information concerning Petroteq contained herein has been taken from or is based upon Petroteq’s and other publicly available documents and records on file with the Securities Regulatory Authorities and other public sources at the time of the Offer. Although the Offeror and Viston have no knowledge that would indicate that any statements contained herein relating to Petroteq, taken from or based on such documents and records are untrue or incomplete, neither the Offeror, Viston nor any of their respective officers or directors assumes any responsibility for the accuracy or completeness of such information, or for any failure by Petroteq to disclose events or facts that may have occurred or which may affect the significance or accuracy of any such information, but which are unknown to the Offeror and Viston.
Additional Information
This news release relates to a tender offer which Viston, through the Offeror, has made to Shareholders. The Offer is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase and Circular, the letter of transmittal and other related offer documents) filed by Viston on October 25, 2021. These materials, as may be amended from time to time, contain important information, including the terms and conditions of the Offer. Subject to future developments, Viston (and, if applicable, Petroteq) may file additional documents with the Securities and Exchange Commission (the “SEC”). This press release is not a substitute for any tender offer statement, recommendation statement or other document Viston and/or Petroteq may file with the SEC in connection with the proposed transaction.
This communication does not constitute an offer to buy or solicitation of an offer to sell any securities. Investors and security holders of Petroteq are urged to read the tender offer statement (including the Offer to Purchase and Circular, the letter of transmittal and other related offer documents) and any other documents filed with the SEC carefully in their entirety if and when they become available as they will contain important information about the proposed transaction. Any investors and security holders may obtain free copies of these documents (if and when available) and other documents filed with the SEC by Viston through the web site maintained by the SEC at www.sec.gov or by contacting Kingsdale Advisors, the Information Agent and Depositary in connection with the offer, within North America toll-free at 1-866-581-1024, outside North America at 1-416-867-2272 or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..
For More Information
Media inquiries:
Ian Robertson
Kingsdale Advisors
Direct: 416-867-2333
Cell: 647-621-2646
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For assistance in depositing Petroteq Common Shares to the Offer, please contact:
Kingsdale Advisors
130 King Street West, Suite 2950
Toronto, ON M5X 1E2
North American Toll Free: 1-866-581-1024
Outside North America: 1-416-867-2272
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www.petroteqoffer.com
TEMPE, Ariz.--(BUSINESS WIRE)--ASRC Industrial (AIS), a premier provider of specialty industrial contracting and environmental services throughout the United States, has announced Chad Horner as Senior Vice President and General Counsel.
Horner joined AIS in April 2019 and has served as interim general counsel since September 2020. The decision to elevate him to the permanent position was based on his leadership skills and his proven track record during his time with AIS.
“I am absolutely honored, humbled, and thrilled to be named Senior Vice President and General Counsel of ASRC Industrial, a company that I have grown to love during my time here,” Horner said. “It’s an exciting time at AIS, and I look forward to continuing to work with the leadership team and our fantastic employees in growing this company and supporting its vision of building an enduring, employee-centric, customer-focused industrial services provider.”
AIS president and CEO Brent Renfrew said, “We are fortunate to have Chad join our senior leadership team during this transformational time for our organization. He is a natural leader and consummate professional, and the ideal choice to support our enterprise goals and the interests of our people, clients, and owners. Chad truly represents, in all he does, the AIS purpose ‘to leave things better than we found them.’”
Renfrew also noted that Horner is well respected by his colleagues and is a supportive leader, approaching each new challenge with dedication, determination, and thorough research and analysis to develop creative solutions to complicated problems.
Prior to joining AIS, Horner worked in firm and in-house positions in Little Rock, Ark., St. Louis, and Wichita, Kans., where he specialized in labor and employment issues. He holds a Juris Doctorate degree with honors from the University of Arkansas at Little Rock, William H. Bowen School of Law, and a Bachelor of Arts in History from McNeese State University.
About ASRC Industrial
AIS is an operating company of Arctic Slope Regional Corporation (ASRC), an Alaska Native Corporation formed pursuant to the Alaska Native Claims Settlement Act. With more than 4,000 employees and operations in all 50 states, AIS’s 27 operating companies provide specialty industrial contracting and environmental services for private industry and government agencies. Learn more about AIS at www.asrcindustrial.com.
Ligeia Cholensky, Director of Corporate Communications
ASRC Industrial
(612) 356-3856
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BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“ or the “Company”) an innovation-driven leader in the fuel cell and hydrogen technology space, today announced it has signed a Distribution and Service Agreement with Calscan Solutions (“Calscan”), an Alberta, Canada industrial service company focused in the oil field industry with a number of products, including methane emissions mitigation instrumentation & controls, as well as services including Test Data Processing, Rentals, Repair, and Data Processing.
The agreement details Calscan’s plans to market, resell, install, and service the Advent M-ZERØ™ and SereneU fuel cell products to address the demand for electric systems in the oil and gas sector. Current regulatory pressure is focused on targets which will aggressively reduce oil & gas industry methane emissions throughout Canada. Advent’s diverse family of products, including the M-ZERØ™ and SereneU fuel cell products, aim to drop wellhead methane emissions to zero, increase well productivity and safety, and decrease maintenance costs in North American well sites. Advent’s products realize a significant carbon advantage over conventional diesel remote power generation technology and can be deployed in more extreme environments than solar panels and electric battery systems. The Advent M-ZERØ™ can also work with current systems to enhance their reliability and ensure that systems continue to operate, creating additional value opportunities for customers.
The Advent M-ZERØ™ products, designed specifically to generate power in remote environments, will offer the ability to drop methane emissions to effectively zero where they replace methane polluting pneumatic injection technology. The overall methane emissions related to wellheads approaches 40 million tons of carbon dioxide emissions per year, which is equivalent to the carbon footprint of more than eight million passenger cars. M-ZERØ™ will initially be featured mainly in Canada and the United States with the aim of providing remote power to up to 185,000 oil and gas wellheads.
Dr. Vasilis Gregoriou, Advent’s Chairman and Chief Executive Officer, said, “We are thrilled to be partnering with Calscan. Their industry knowledge and reach provide a huge advantage in bringing disruptive, emerging fuel cell solutions to a mature application.”
Henri Tessier, President of Calscan, added: “We are excited to have Advent Technologies as an industry partner. Calscan is committed to reducing well site GHG emissions through innovative and progressive design, and Advent’s products make this mission a reality. We look forward to bringing this solution to our customers.”
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles critical components for fuel cells as well as complete advanced energy systems in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in the San Francisco Bay Area and Europe. With more than 100 patents issued (or pending) worldwide for its fuel cell technology, Advent holds the IP for next-generation high-temperature proton exchange membranes (HT-PEM) that enable various fuels to function at high temperatures under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, maritime, aviation, and power generation sectors. For more information, visit www.advent.energy.
About Calscan Solutions
Calscan Solutions is an innovative Alberta-based instrumentation and control company serving the oil and gas industry. Founded in 1995 as an instrumentation and control company, Calscan has become a leader in developing electronic downhole tools, specifically in the areas of downhole and sub-surface pressure recorders, flow computers, solar powered separator controls, and cyclone separators. To help oil and gas producers meet increasingly stringent emission regulations, Calscan has expanded its methane measurement and mitigation solutions by developing the Hawk 9000 low pressure vent gas meter and the Bear Solar Electric Control System. Calscan has been deploying its zero emission Bear Solar Electric Control System throughout Western Canada since 2010. www.calscan.net
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent’s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in Advent’s Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 20, 2021, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Advent Technologies Holdings, Inc.
Elisabeth Maragoula / Chris Kaskavelis
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FORT WORTH, Texas--(BUSINESS WIRE)--FTS International, Inc. (NYSE American: FTSI) (the “Company” or “FTS International”) announced today that the Company received a notice from NYSE American on January 4, 2022 that the Company is not in compliance with the continued listing standards set forth in Section 704 of the NYSE American Company Guide due to the Company’s failure to hold an annual meeting for the fiscal year ended December 31, 2020 on or before December 31, 2021.
As previously announced, on October 21, 2021, the Company entered into an Agreement and Plan of Merger, by and among the Company, ProFrac Holdings, LLC, a Texas limited liability company (“ProFrac”), and ProFrac Acquisitions, Inc., a Delaware corporation and wholly owned subsidiary of ProFrac (“Merger Sub”), pursuant to which Merger Sub will merge (the “Merger”) with and into the Company, with the Company surviving as a wholly owned subsidiary of ProFrac. The Company expects the Merger to close in the first quarter of 2022, subject to the satisfaction of applicable closing conditions. Upon closing of the Merger, the Company’s common stock will no longer be listed on NYSE American and the Company will be a wholly owned subsidiary of ProFrac.
About FTS International, Inc.
Headquartered in Fort Worth, Texas, FTS International is a pure-play hydraulic fracturing service company with operations across multiple basins in the United States.
For more information about FTS International please contact FTSI Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it..
Important Information For Investors And Stockholders
This communication does not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities or a solicitation of any vote or approval. This communication relates to a proposed transaction between the Company and ProFrac. In connection with this proposed transaction, the Company may file one or more proxy statements or other documents with the Securities and Exchange Commission (the “SEC”), including a definitive proxy statement on Schedule 14A (the “definitive proxy statement”) which will be mailed or otherwise disseminated to the Company’s stockholders when it becomes available. This communication is not a substitute for any proxy statement or other document the Company may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of these documents (if and when available) and other documents filed with the SEC by the Company through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge on the Company’s internet website at https://www.ftsi.com/investor-relations/sec-filings/default.aspx or by contacting the Company’s primary investor relation’s contact by email at This email address is being protected from spambots. You need JavaScript enabled to view it. or by phone at 817-862-2000.
Participants in Solicitation
The Company, ProFrac, their respective directors and certain of their respective executive officers may be considered participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of the Company is set forth in its Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 5, 2021, its Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on April 30, 2021, certain of its Quarterly Reports on Form 10-Q and certain of its Current Reports filed on Form 8-K.
These documents can be obtained free of charge from the sources indicated above. Additional information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the definitive proxy statement and other relevant materials to be filed with the SEC when they become available.
Forward Looking Statements
This communication contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. Any statements contained in this communication that are not statements of historical fact, including statements about the Company’s ability to consummate the proposed transaction, the expected benefits of the proposed transaction and the expected impact of the coronavirus pandemic (COVID-19) on the Company's businesses may be deemed to be forward-looking statements. All such forward-looking statements are intended to provide management’s current expectations for the future of the Company based on current expectations and assumptions relating to the Company’s business, the economy and other future conditions. Forward-looking statements generally can be identified through the use of words such as “believes,” “anticipates,” “may,” “should,” “will,” “plans,” “projects,” “expects,” “expectations,” “estimates,” “forecasts,” “predicts,” “targets,” “prospects,” “strategy,” “signs,” and other words of similar meaning in connection with the discussion of future performance, plans, actions or events. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict. Such risks and uncertainties include, among others: the failure to obtain the required vote of the Company’s stockholders, the timing to consummate the proposed transaction, the risk that a condition of closing of the proposed transaction may not be satisfied or that the closing of the proposed transaction might otherwise not occur, the risk that a regulatory approval that may be required for the proposed transaction is not obtained or is obtained subject to conditions that are not anticipated, the diversion of management time on transaction-related issues, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of the Company, the risk that the proposed transaction and its announcement could have an adverse effect on the ability of the Company to retain customers and retain and hire key personnel and maintain relationships with its suppliers and customers, economic or political changes that affect the markets that the Company’s businesses serve which could have an effect on demand for the Company’s products and impact the Company’s profitability, disruptions in the credit and financial markets, including diminished liquidity and credit availability, disruptions in the Company's businesses from the coronavirus pandemic (COVID-19), cyber-security vulnerabilities, supply issues, retention of key employees, and outcomes of legal proceedings, claims and investigations, future changes, results of operations, domestic spending by the onshore oil and natural gas industry, continued volatility or future volatility in oil and natural gas prices, deterioration in general economic conditions or a continued weakening or future weakening of the broader energy industry, federal, state and local regulation of hydraulic fracturing and other oilfield service activities, as well as exploration and production activities, including public pressure on governmental bodies and regulatory agencies to regulate our industry, and the price and availability of alternative fuels, equipment and energy sources. Accordingly, actual results may differ materially from those contemplated by these forward-looking statements. Investors, therefore, are cautioned against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the SEC, including the risks and uncertainties identified in Part I, Item 1A - Risk Factors of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.
These forward-looking statements speak only as of the date of this communication, and the Company does not assume any obligation to update or revise any forward-looking statement made in this communication or that may from time to time be made by or on behalf of the Company.
Lance Turner
Chief Financial Officer
817-862-2000
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BELOIT, Wis.--(BUSINESS WIRE)--#FMD--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) requirements contract by the U.S. Coast Guard (USCG) Surface Forces Logistic Center. The agreement, worth up to $13 million, makes FMD the required source of supply for all opposed-piston (OP) engine parts listed in the contract’s schedule of supplies. These parts primarily support OP engines on nine 140-foot Bay Class Icebreaking Tugboats (WTGBs).
Since 1977, WTGBs have been used as critical icebreakers on many Northeast and Midwestern U.S. rivers and the Great Lakes, ensuring that waterways remain open year-round. More than 15 million tons of cargo such as food and petroleum products, as well as 90% of our nation’s home heating oil, are transported annually in January and February along Northeast waterways, making it essential that these channels are kept open to avoid supply chain disruptions.
The contract also includes provisions for engine parts onboard the USCG’s decommissioned high endurance cutters (WHECs) that have been transferred or are in the process of being transferred to foreign navies.
“Fairbanks Morse Defense delivers an advantage to the U.S. Coast Guard by offering best-in-class marine technologies, OEM parts, and turnkey services,” said FMD CEO George Whittier. “As a trusted partner to the Coast Guard, we live our ironclad commitment to the fleet and crew every day, on every job. Manufactured in the U.S. and serviced worldwide, our proven marine technology is engineered for excellence to ensure reliable operation and minimal downtime.”
For more than 70 years, the USCG and U.S. Navy have turned to FMD for quality diesel engines for marine propulsion and ship service systems. Currently, 65% of the USCG Major Cutter Fleet and approximately 80% of U.S. Navy ships with a medium speed power application are powered by Fairbanks Morse Defense. Through an IDIQ contract, pricing for support services is streamlined under a single agreement, eliminating the numerous burdens associated with working through an intermediary.
About Fairbanks Morse Defense (FMD)
Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. For more than 100 years, FMD has been a principal supplier of a growing array of leading marine technologies, OEM parts, and turnkey services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD stands ready to rapidly support the systems that power military fleets without compromising safety or quality. In times of peace and war, the experienced engineers, sailors, and technicians of FMD demonstrate our commitment to supporting the mission and vision of critical global naval operations wherever and whenever needed. FMD is a portfolio company of Arcline Investment Management.
To learn more, visit www.FairbanksMorseDefense.com.
Fairbanks Morse Media Contact:
Mercom Communications
Michelle Hargis
Tel: 512-215-4452
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AUSTIN, Texas--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) today announced that its senior management will participate in the UBS Winter Infrastructure & Energy Conference. Senior management expects to participate in a series of virtual meetings with members of the investment community on January 11, and presentation materials used during these meetings will be posted to USA Compression’s website prior to the investor meetings. Please visit the Investor Relations section of the website at usacompression.com under “Presentations.”
About USA Compression Partners, LP
USA Compression Partners, LP is a growth-oriented Delaware limited partnership that is one of the nation’s largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers and transporters of natural gas and crude oil. USA Compression focuses on providing natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities and transportation applications. More information is available at usacompression.com.
USA Compression Partners, LP
Matthew Liuzzi, CFO
(512) 369-1624
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