New ownership will focus on expanding services and operating range
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Bluejay Capital Partners, LLC (“Bluejay Capital”), a specialist in logistics and transportation industry investing, has completed its acquisition of Best Warehousing and Transportation Inc (“BWT”), a leading B2B warehousing and transportation business, with 30 locations across 15 states. Terms of the transaction were not revealed.
“BWT has an exceptional track record serving industry leaders across many diversified supply chains. They attract customers and grow with them in new services and locations. The strong team at BWT, coupled with the Bluejay Capital team’s growth expertise and significant industry experience creates a powerful combination. We are thrilled to partner with Winston to take BWT to the next level,” said Josh Putterman, founding partner of Bluejay Capital.
Winston McDonald Jr., President and CEO of BWT, who retains a sizable ownership stake in the business, expressed his eager outlook for the company’s future.
“Our partnership with Bluejay Capital marks the beginning of an important chapter of growth for our company and our dedicated employees. We are proud of what we have created and accomplished over the last 16 years and are excited to build upon that history, advancing our industry-leading position, expanding our market reach and broadening the scope of work and services we provide,” said McDonald. “The Bluejay team is definitely the right partner for me and BWT.”
Bluejay Capital financed the transaction with Argosy Private Equity, Southfield Mezzanine, Spring Capital Partners and Key Bank.
About Bluejay Capital Partners
Bluejay Capital is an operating partner actively investing in transportation and logistics businesses. Located in Jacksonville and Denver, the team is comprised of senior M&A professionals that specialize in improving financial and operational performance. They have more than 120 years of combined experience in transportation and logistics with a proven track record of value creation. www.bluejay-capital.com
About BWT
Best Warehousing & Transportation Inc. is a third party logistics provider specializing in comprehensive, client-focused solutions, including transportation, warehousing and storage, logistics handling and other services. Based in Atlanta and serving the nation, the company provides logistics solutions out of both dedicated and multi-tenant warehouses. https://bestwtc.com/about-us/
Media Contact:
Ron Margulis
RAM Communications
908.337.0020
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HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY), ("Crescent" or the "Company"), today announced that representatives of the Company will be participating in the BofA Leveraged Finance Conference in Boca Raton, Florida on November 29, 2022.
The accompanying slide presentation will be available on the Company’s website under https://ir.crescentenergyco.com/events-presentations/.
About Crescent Energy Company
Crescent is a well-capitalized, U.S. independent energy company with a portfolio of assets in key proven basins across the lower 48 states and substantial cash flow supported by a predictable base of production. Crescent’s core leadership team is a group of experienced investment, financial and industry professionals who continue to execute on the strategy management has employed since 2011. The Company’s mission is to invest in energy assets and deliver better returns, operations and stewardship. For additional information, please visit www.crescentenergyco.com.
Emily Newport
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DUBLIN--(BUSINESS WIRE)--The "Refinery Hydrotreater Units Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Units, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The global refinery hydrotreater units capacity increased from 57,558 thousand barrels per day (mbd) in 2016 to 60,337 mbd in 2021 at an Average Annual Growth Rate (AAGR) of 1.0%. It is expected to increase from 60,337 mbd in 2021 to 70,222 mbd in 2026 at an AAGR of 3%. The US, China, Japan, India, and Russia are the major countries that accounted for 56.5% of the total global hydrotreater units capacity in 2021.
Report Coverage
Reasons to Buy
Key Topics Covered
1. Introduction
1.1. What is this Report About?
1.2. Market Definition
2. Global Refinery Hydrotreater Units, Snapshot
2.1. Global Refinery Hydrotreater Units, Key Data, 2021
2.2. Global Refinery Hydrotreater Units, Planned and Announced Hydrotreater Units
2.3. Global Refinery Hydrotreater Units, New Hydrotreater Units and Capacity Expansions by Region
2.4. Global Refinery Hydrotreater Units, Regional Comparisons
3. Africa Refinery Hydrotreater Units
3.1. Africa Refinery Hydrotreater Units, Snapshot
3.2. Africa Refinery Hydrotreater Units, Planned and Announced Hydrotreater Units, Capacity Expansions and Capex by Country
3.3. Africa Refinery Hydrotreater Units, New Hydrotreater Units and Capacity Expansions by Key Countries
3.4. Africa Refinery Hydrotreater Units, South Africa
3.5. Africa Refinery Hydrotreater Units, Egypt
3.6. Africa Refinery Hydrotreater Units, Nigeria
3.7. Africa Refinery Hydrotreater Units, Morocco
3.8. Africa Refinery Hydrotreater Units, Libya
3.9. Africa Refinery Hydrotreater Units, Sudan
3.10. Africa Refinery Hydrotreater Units, Cote d'Ivoire
3.11. Africa Refinery Hydrotreater Units, Cameroon
3.12. Africa Refinery Hydrotreater Units, Algeria
3.13. Africa Refinery Hydrotreater Units, Djibouti
3.14. Africa Refinery Hydrotreater Units, Niger
3.15. Africa Refinery Hydrotreater Units, Tunisia
3.16. Africa Refinery Hydrotreater Units, Zambia
3.17. Africa Refinery Hydrotreater Units, Gabon
3.18. Africa Refinery Hydrotreater Units, Ghana
3.19. Africa Refinery Hydrotreater Units, Senegal
3.20. Africa Refinery Hydrotreater Units, Congo Republic
3.21. Africa Refinery Hydrotreater Units, Angola
3.22. Africa Refinery Hydrotreater Units, Zimbabwe
3.23. Africa Refinery Hydrotreater Units, Ethiopia
3.24. Africa Refinery Hydrotreater Units, South Sudan
3.25. Africa Refinery Hydrotreater Units, Sierra Leone
4. Asia Refinery Hydrotreater Units
4.1. Asia Refinery Hydrotreater Units, Snapshot
4.2. Asia Refinery Hydrotreater Units, Planned and Announced Hydrotreater Units, Capacity Expansions and Capex by Country
4.3. Asia Refinery Hydrotreater Units, New Hydrotreater Units and Capacity Expansions by Key Countries
4.4. Asia Refinery Hydrotreater Units, China
4.5. Asia Refinery Hydrotreater Units, Japan
4.6. Asia Refinery Hydrotreater Units, India
4.7. Asia Refinery Hydrotreater Units, South Korea
4.8. Asia Refinery Hydrotreater Units, Taiwan
4.9. Asia Refinery Hydrotreater Units, Thailand
4.10. Asia Refinery Hydrotreater Units, Malaysia
4.11. Asia Refinery Hydrotreater Units, Singapore
4.12. Asia Refinery Hydrotreater Units, Vietnam
4.13. Asia Refinery Hydrotreater Units, Indonesia
4.14. Asia Refinery Hydrotreater Units, Pakistan
4.15. Asia Refinery Hydrotreater Units, Philippines
4.16. Asia Refinery Hydrotreater Units, Brunei
4.17. Asia Refinery Hydrotreater Units, Sri Lanka
4.18. Asia Refinery Hydrotreater Units, Laos
4.19. Asia Refinery Hydrotreater Units, Myanmar
4.20. Asia Refinery Hydrotreater Units, Bangladesh
4.21. Asia Refinery Hydrotreater Units, Mongolia
5. Caribbean Refinery Hydrotreater Units
5.1. Caribbean Refinery Hydrotreater Units, Snapshot
5.2. Caribbean Refinery Hydrotreater Units, U.S. Virgin Islands
5.3. Caribbean Refinery Hydrotreater Units, Aruba
5.4. Caribbean Refinery Hydrotreater Units, Trinidad and Tobago
5.5. Caribbean Refinery Hydrotreater Units, Cuba
5.6. Caribbean Refinery Hydrotreater Units, Jamaica
5.7. Caribbean Refinery Hydrotreater Units, Martinique
6. Central America Refinery Hydrotreater Units
6.1. Central America Refinery Hydrotreater Units, Snapshot
6.2. Central America Refinery Hydrotreater Units, Planned and Announced Hydrotreater Units, Capacity Expansions and Capex by Country
6.3. Central America Refinery Hydrotreater Units, Costa Rica
7. Europe Refinery Hydrotreater Units
8. Former Soviet Union Refinery Hydrotreater Units
9. Middle East Refinery Hydrotreater Units
10. North America Refinery Hydrotreater Units
11. Oceania Refinery Hydrotreater Units
12. South America Refinery Hydrotreater Units
13. Appendix
13.1. Abbreviations
13.2. Status Definition
13.3. States by PADD Regions Included in the Report
13.4. Methodology
For more information about this report visit https://www.researchandmarkets.com/r/sx28tg
Source: GlobalData
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced that it will hold a conference call for analysts and investors on December 8, 2022 at 4:30 pm ET. The Company will discuss its growth opportunities, year-to-date performance, capital allocation priorities and other aspects of the business. The call will be hosted by Bruce Hoechner, President and CEO, Colin Gouveia, SVP and General Manager of the Elastomeric Material Solutions business unit and Ram Mayampurath, SVP and CFO. As previously announced Mr. Hoechner has decided to retire, effective December 31, 2022. The Rogers Board of Directors plans to appoint Mr. Gouveia to succeed him.
A live webcast and slide presentation will be available under the investors section of www.rogerscorp.com.
About Rogers Corporation
Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect and connect our world. Rogers delivers innovative solutions to help our customers solve their toughest material challenges. Rogers’ advanced electronic and elastomeric materials are used in applications for EV/HEV, automotive safety and radar systems, mobile devices, renewable energy, wireless infrastructure, energy-efficient motor drives, industrial equipment and more. Headquartered in Chandler, Arizona, Rogers operates manufacturing facilities in the United States, Asia and Europe, with sales offices worldwide.
Investor contact:
Steve Haymore
Phone: 480.917.6026
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DUBLIN--(BUSINESS WIRE)--The "United States Crude Steel Industry: Insights & Forecast with Potential Impact of COVID-19 (2022-2026)" report has been added to ResearchAndMarkets.com's offering.
The US crude steel market is forecasted to reach US$110.0 billion in 2026, experiencing growth at a CAGR of 6.12% during the period spanning from 2022 to 2026. Growth in the US crude steel market has been supported by factors such as booming automobile industry and accelerating urban population. The United States-Mexico-Canada Agreement (USMCA) is likely to have a positive impact on US crude steel market. However, the market growth is expected to be restrained by increasing problem of excess crude steelmaking capacity.
The US crude steel market by production process can be segmented into the following segments: electric arc furnace and basic oxygen furnace. In 2021, the dominant share of US crude steel market was held by: electric arc furnace, followed by basic oxygen furnace. The US crude steel market by chemical composition can be segmented as follows: carbon steel, alloy steel, stainless steel and tool steel. The largest share of the market was held by carbon steel, followed by alloy steel, stainless steel and tool steel. The US crude steel market by steel mill products can be segmented as follows: flat steel products and long steel products. The largest share of the market is held by flat steel products, followed by long steel products.
The US crude steel market by end user industry can be segmented into the following segments: construction, automotive, machinery/ equipment, energy, appliances and other applications. In 2021, the dominant share of market was held by construction industry, followed by automotive, machinery/ equipment industry. Factors such increased construction and infrastructure projects and booming oil and gas industry helped in boosting market growth of the US crude steel market.
Scope of the report
Market Dynamics
Growth Drivers
Key Trends
Challenges
Key Target Audience
Key Topics Covered:
1. Market Overview
2. Impact of COVID-19
3. Market Analysis
4. Market Dynamics
5. Company Profiles
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/n720id
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Laura Wood, Senior Press Manager
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Projecting growth, stable performance in a changing environment
HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority met on Friday, November 18, and conducted its annual Budget Workshop. It approved the proposed 2023 operating budget and capital plan, which will guide staff in the operation and management of Port Houston facilities and activities for the Fiscal Year 2023.
The approved 2023 Capital plans comprehend an Operating Capital Improvement Projects budget of $579 million and $99 million for Project 11 – the expansion of the Houston Ship Channel.
Capital plans continue for accelerated container capacity additions to provide efficient growth opportunities for Port Houston's customers.
The Port Commission approved tariff rate changes effective January 2023 which align fees with escalating operating costs and support infrastructure investment to keep Port Houston terminals competitive.
The Port Commission will meet next on December 6.
The Port Houston 2023 Budget Workshop Presentation can be accessed on the Financial Transparency webpage at this link: https://porthouston.com/wp-content/uploads/PHA_OperatingBudget_2023_Approved_2022-1118.pdf
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area’s largest breakbulk facility and two of the most efficient container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of Texas’ total gross domestic product (GDP) – and $801.9 billion in economic impact across the nation. For more information, visit the website at PortHouston.com.
Lisa Ashley-Daniels, Director, Media Relations, Office: 713-670-2644; Mobile: 832-247-8179; E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
DENVER--(BUSINESS WIRE)--National Grid is implementing new technology to plan for the decarbonization of its electric and gas networks. Implementing encoord’s SAInt software allows National Grid to coordinate the planning of their electric and gas infrastructure. For the first time, they will be able to quantify the tradeoffs between different operational and strategic decisions in a single platform.
Modeling and planning of energy networks have traditionally been done using a mix of separate tools and data. The addition of SAInt allows National Grid to plan electricity and gas transmission and distribution networks in a coordinated way. This is an essential step toward achieving National Grid’s ambitious decarbonization goals. Moving forward requires planners to think holistically and treat electricity and gas infrastructure as an integrated energy system.
SAInt allows National Grid to answer questions that have been difficult to answer with traditional planning tools and processes, such as:
To ensure a coordinated effort, encoord is currently training across National Grid’s planning teams. Electricity and gas planning teams are all benefiting from the use of a common planning platform. It will create new efficiency, transparency, and accuracy levels in National Grid’s planning processes.
Domenico Fuda, Director of Integrated Planning at National Grid, said:
“National Grid is committed to enabling and accelerating the transition to a clean energy future, while ensuring all customers and communities continue to have affordable and reliable options to heat their homes and run their businesses. To do this, a truly integrated plan between our gas and electric businesses is needed now more than ever. This tool will help us identify potential issues and system needs, and help our planners determine the most appropriate and cost effective solutions.”
Carlo Brancucci, CEO of encoord, said:
“To our knowledge, using SAInt across National Grid’s planning departments represents the first time a major electricity and gas utility in the US gathers its electricity and gas planning teams to use an integrated planning platform. I am convinced this will be crucial for successful integrated planning and for the company to meet its ambitious decarbonization goals. National Grid is setting a great example for all the utilities in the US and globally.”
About National Grid
National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.
For more information, please visit our website, follow us on Twitter, watch us on YouTube, like us on Facebook and find our photos on Instagram.
About encoord
encoord Inc. provides software tools, data, and advisory services to help energy stakeholders plan for the energy transition. encoord’s core technology is the Scenario Analysis Interface for Energy Systems (SAInt), a software platform to model and plan energy networks and markets. encoord works with utilities, network operators, technology and project developers, regulatory agencies, and research organizations to solve operational and strategic challenges. With offices in the US and Germany, encoord serves customers internationally to change the future of energy.
For more information about encoord, visit our website and follow us on LinkedIn.
Brandon Sisson
encoord Inc.
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MUNICH--(BUSINESS WIRE)--#constructionintelligence--Digitisation of the AECO industry has a high potential for saving both cost and time in a construction project. However, successfully exploiting this potential equally depends on the functional richness of the software solution and the innovative power of the vendor. Thinkproject, Europe's leading SaaS provider for construction and engineering projects, is continuously innovating its portfolio. Not only is it launching new functionalities on a quarterly basis, but also introducing new solutions that simplify its customer’s business processes and services, with the goal to have a positive impact on their bottom line.
Thinkproject is now expanding its range of specialised software in the area of Common Data Environments (CDE) and Building Information Modeling (BIM) with the cloud-based Thinkproject ARCHIVE and eLearning platform Thinkproject Academy.
Targeted learning with Thinkproject Academy
Thinkproject Academy is an online learning platform that provides a digital learning and training experience for the SaaS provider's specialised CDE and BIM software. With the platform's interactive training, users can learn at their own pace and in a hands-on manner to exploit the software's potential in their projects. This facilitates the start at the beginning of the project as well as the training of new project participants who need to be trained during the project. Currently, Thinkproject Academy supports CEMAR, KAIRNIAL and CONCLUDE CDE. However, the company will gradually expand the scope of supported solutions, provide training for new features, and offer customisable training packages for specific project requirements.
Availability of project information throughout the entire lifecycle
Managing large volumes of project data and information is one of the key success factors for any construction project to reduce costs, meet schedules and be more sustainable with resources. Thinkproject ARCHIVE is the digital archiving solution that ensures project information is always easily accessible and secured – even after the project is finished. Thinkproject ARCHIVE enables construction companies to comply with legal retention requirements and safeguards that project information is available for potential warranty claims and litigation.
Thinkproject Archive helps project participants meet these requirements for the entire lifecycle of a construction project – even when their job in the project is finished. Additionally, the archive can be enriched with best practices and lessons learned as a knowledge base to be available for future projects. Archiving in the cloud allows data to be made available wherever it is needed at any time. Because Thinkproject provides and manages the cloud infrastructure, customers can focus on using the solutions and their core business.
“For more than two decades, Thinkproject’s construction cloud solutions have been helping our customers improve productivity and deliver projects on time. Thinkproject’s industry leading CDE solutions (common data environment) are helping thousands of customers to build and manage their assets” explains Hemendra Pal, Chief Product & Technology Officer. “But the real benefit for our customers derives from how the change is managed during software implementation and how well people are trained throughout the course of a project to most efficiently use the software. We provide effective training on our eLearning platform Thinkproject Academy. In addition, at project completion, our customers can now access a managed cloud offering for their project archives that takes the burden of infrastructure provisioning and management off their shoulders, while still being secure, legally compliant, and always available.”
More information:
About Thinkproject
Thinkproject is Europe's leading SaaS provider for Construction Intelligence solutions. The combination of practical experience and the intelligent use of data creates a decisive competitive advantage for customers. Thinkproject is thus at the forefront of digitization and transformation in the AECO industry. With +700 employees worldwide, Thinkproject provides 3,250 customers and more than 300,000 users in over 60 countries with digital solutions that span the entire construction project lifecycle.
For more information, visit www.thinkproject.com
Press Contact:
Stefan Ehgartner / Simon A. Löfflad
Havana Orange GmbH
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+49 (89) 92 131 51 – 0
DUBLIN--(BUSINESS WIRE)--The "The Global Remote Tank Monitoring Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.
This strategic research report analyses the latest trends and developments on the market for connected tanks. The report provides you with 85 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.
The global installed base of active remote tank monitoring (RTM) solutions reached 6.2 million units at the end of 2021, according to the research report. Growing at a compound annual growth rate (CAGR) of 29.9%, the active installed base is estimated to reach 23 million units worldwide in 2026.
The analyst estimates that the European market accounted for almost 1.5 million active RTM systems at the end of 2021. The North American market is estimated to be larger than the European at around 2.6 million active units. The Asia-Pacific market is moreover estimated to represent an installed base of about 1.4 million RTM systems. South America and Middle East & Africa are smaller markets having installed bases of 310,000 units and 434,000 units respectively.
There are more than 100 RTM solution vendors active on the market worldwide and this report covers 63 companies. The analyst ranks Otodata once again as the leading RTM solution provider in terms of the active installed base worldwide with an installed base of about 1.6 million RTM units.
Otodata is based in Canada and primarily focuses on the fuel reseller segment in North America. Otodata has so far acquired 3 companies to boost its growth plans: Wise Telemetry in April 2021, Wireless Applications Corporation (WACnGO) in December 2021 and AIUT's LPG branch in June 2022. Anova and SkyBitz (Ametek) were in second and third place having achieved installed bases of about 890,000 units and 195,000 units respectively.
Anova has done a string of acquisitions including Independent Technologies, Wikon, ISA - Intelligent Sensing Anywhere, iTank (Sierra Wireless) and Silicon Controls to become the second largest RTM solution vendor with more than 2,000 customers in 75 countries. SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries. Polish AIUT and Tank Utility followed in fourth and fifth place and had installed bases of 172,000 and 125,000 tank monitoring systems respectively. Sensile Technologies, FoxInsights, Angus Energy, Kingspan, Dunraven Systems and Powelectrics are also ranked among the largest providers with 60,000 - 100,000 units each. Other RTM solution providers with installed bases of 21,000 - 50,000 RTM systems in active use at the end of 2021 include Varec, ATEK Access Technologies, Banner Engineering, FreeWave, GreenCityZen, Insite Platform Partners, SilentSoft, Schmitt Industries and Tecson.
Highlights from the report:
This report answers the following questions:
Who Should Read This Report?
The Global Remote Tank Monitoring Market is the foremost source of information about the adoption of connected tank level measurement devices in multiple market segments. Whether you are a device vendor, service provider, telecom operator, investor, consultant, tank fleet owner or government agency, you will gain valuable insights from this in-depth research.
Key Topics Covered:
Executive Summary
1 Tank Monitoring Solutions
2 Market Forecasts and Trends
3 Company Profiles and Strategies
Glossary
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/57a8cz
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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BASINGSTOKE, England--(BUSINESS WIRE)--#smartgridmarket--A new study from Juniper Research has found cost savings from smart grid deployments will exceed $125 billion globally in 2027; increasing from just over $33 billion in 2022. This 279% growth will be driven by rising energy prices, with smart grid technologies playing a critical role in increasing network efficiency and optimising resource management. The Smart Grid market report identified abilities of AI-based analytics as crucial to maximising benefits of new renewable energy sources, by actively balancing load and optimising energy transmission.
Smart grids are electricity networks using advanced technologies to monitor and manage transport of electricity from all generation sources to meet varying electricity demands of end users.
Smart Grid Key to Renewables-led Future
The research identified smart grid deployments as key to decarbonisation of electricity production. Smart grids will enable energy sources that produce electricity based on external elements, such as solar and wind power, to meet energy requirements more effectively, by actively balancing load and predicting surges in demand & production.
Research co-author Nick Maynard explained further: “By leveraging AI, electricity networks can ensure spikes in demand are predicted and mitigated. Smart grid vendors must focus on enhancing their models to more accurately predict usage patterns to maximise these benefits.”
Reducing Emissions Drives the Market
The research predicts smart grid deployments will result in an almost 700 million MMT (Million Metrics Tons) reduction in CO2e (Carbon Dioxide Equivalent) emissions globally in 2027; falling from 214 million in 2022. The report anticipates this will be central to meeting stringent climate change goals, alongside updating generation capabilities to feature more renewable sources, including wind and solar. The research recommends smart grid vendors must develop data ingestion engines that can analyse and interpret structured and unstructured data from disparate sources, including smart meters, network data and weather forecasts, to maximise emission reductions.
View the Smart Grid market research: https://www.juniperresearch.com/researchstore/key-vertical-markets/smart-grid-research-report
Download the whitepaper: https://www.juniperresearch.com/whitepapers/combatting-the-energy-crisis-with-smart-grids
Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports, and industry commentary.
Sam Smith, Press Relations
T: +44(0)1256 830002
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DUBLIN--(BUSINESS WIRE)--The "Portable Electric Vehicle Charger Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product Type (AC Charger, DC Charger), By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicle) and By Region" report has been added to ResearchAndMarkets.com's offering.
The global portable electric vehicle charger market is projected to grow at a steady CAGR in the forecast period, 2023-2027. The market growth can be attributed to the rising penetration of electric vehicles and wide availability of different types of portable EV chargers. Portable chargers facilitate charging of batteries in electric vehicles or hybrid electric vehicles. Emergence of high voltage portable EV chargers that offer fast-charging speed have led to their greater adoption in recent years.
Besides, rising demand for zero emission vehicles and subsidies provided by the government to promote the adoption of alternate fuel vehicles in order to reduce carbon emission rates are propelling the growth of the global portable electric vehicle charger market. In addition, technological developments and innovations in electric chargers are leading to the market growth. Additionally, limited EV vehicle charging infrastructure and lack of standardization of EV charging has led to the growing adoption of portable EV chargers. Recent surge of EV investments by the transport sector on developing wireless, bi-directional, and fast chargers is also expected to fuel the market growth.
Increased Electric Vehicle Penetration to Fuel EV Portable Charger Adoption
Higher dependence of biofuels has resulted in an increase in air pollution, which has led to a high prevalence of various respiratory and other diseases. Growing environmental awareness and increasing number of initiatives by the government are fueling the adoption of electric vehicles across the globe, which in turn, is expected to boost the EV portable charger market. In addition, electric vehicles are economical and not vulnerable to fluctuating gasoline prices. There has been a rise in the number of companies offering portable EV chargers, which has enhanced accessibility for the consumers and provided them a variety of options to choose from.
Enhanced Need for Convenience to Boost Market Growth
Despite the rapid electric vehicle adoption, many countries still lack the required electric vehicle infrastructure, which remains a major concern for EV drivers. Lack of EV charging stations lead to range anxiety among drivers as adding energy to an electric car would require visiting them a charging station before they reach their desired destination.
Hence, many people are starting to invest in portable EV chargers to ensure that the vehicle is in maximum charge state as much as possible. Many car and breakdown organizations are beginning to equip their service vehicles with portable electric vehicle chargers to supply power on the side of the road, allowing stranded drivers to power up their vehicles. With the growing adoption of electric vehicles, many garages and dealers are adding portable electric vehicle chargers as an important part of on-board fleet equipment, which is likely to boost the growth of the global portable electric vehicle portable chargers in the coming years.
Market Segmentation
Portable Electric Vehicle Charger Market, By Product Type:
Portable Electric Vehicle Charger Market, By Vehicle Type:
Portable Electric Vehicle Charger Market, By Region:
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Working Mechanism of Portable EV Charger
5. Impact of COVID-19 on Global Portable Electric Vehicle Charger Market
6. Voice of Customer
7. Global Portable Electric Vehicle Charger Market Outlook
8. North America Portable Electric Vehicle Charger Market Outlook
9. Asia Pacific Portable Electric Vehicle Charger Market Outlook
10. Europe & CIS Portable Electric Vehicle Charger Market Outlook
11. Market Dynamics
12. Market Trends and Developments
13. Competitive Landscape
14. Strategic Recommendations
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/9ibuqb
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Laura Wood, Senior Press Manager
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Global E&C provider Black & Veatch called upon for technical insights
LONDON--(BUSINESS WIRE)--Black & Veatch has been awarded a lead role in the development of an initial 2GW of solar and battery storage by UK-based developer Amberside Energy. Black & Veatch will deliver technical advisory and support services for Amberside’s Solar & Storage Portfolio Framework Agreement.
The framework covers standalone solar PV, standalone battery, and co-located solar PV and battery sites across Great Britain. As well as planning and design of solar and battery storage systems Black & Veatch will plan and design the electricity distribution and transmission assets; in addition to managing interfaces with National Grid and distribution network operators.
“These projects add vital energy to the grid in challenging times. As both a developer and asset optimiser, Amberside Energy’s innovative and forward-thinking approach to this major solar and storage portfolio comes at a pivotal time,” commented Robbie Gibson, Associate Vice President & UK Director, Black & Veatch.
Black & Veatch’s role also encompasses creating independent energy production estimates for each site, with projects expected to range in capacity from 20MW to 100MW.
Marc Scambler, CEO of Amberside Energy, stated, “We chose Black & Veatch because of their global experience, diligent approach and alignment with our drive for engineering excellence in everything we do. This portfolio is part of our suite of plans, all chosen to support the UK in achieving its decarbonisation targets.”
Black & Veatch has been involved in more than 49,000 megawatts of solar projects across the globe and has more than 16 gigawatt/hour of battery energy storage systems project experience. To provide Amberside with strength in depth the company will be drawing upon not just UK power professionals, but expertise from across its global power business.
About Black & Veatch
Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2021 exceeded US$3.3 billion. Follow us on www.bv.com and on social media.
About Amberside Energy
Amberside Energy is a privately owned developer and asset optimiser delivering technically led services to investors in energy and infrastructure. With a track record of originating utility-scale solar projects and a current asset management portfolio in excess of 2,000 systems, Amberside is fast becoming a go-to consultancy for investors in the large-scale energy industry.
Black & Veatch
MALCOLM HALLSWORTH | +44 1483 319287 p | +44 7920 701764 m | This email address is being protected from spambots. You need JavaScript enabled to view it.
24-HOUR MEDIA HOTLINE | +1 866 496 914
Amberside Energy
ANTHONY MIDDLETON | +44 330 2210 626 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Company acquires solar easements in two states
PLANO, Texas--(BUSINESS WIRE)--Activate Renewables, a leading acquirer of real estate and royalty interests in wind, solar and energy storage, is pleased to announce it recently closed on the purchase of a renewable energy real estate portfolio owned by Alchemy Renewable Energy.
The portfolio consists of the real estate related to five solar projects located across North Carolina and Texas. Terms of the deal were not disclosed.
“We are pleased to support Alchemy’s business goals with this initial transaction,” said Maria Klutey, president of Activate Renewables. “We look forward to a continued relationship, whereby Alchemy can enhance its capital efficiency by selling real estate interests to Activate.”
Activate works with developers to purchase land, leases or purchase options associated with high quality renewable projects. Activate is funded by D.E. Shaw Renewable Investments (DESRI), with permanent capital that is lower in cost than equity and comes without the restrictions of debt.
“By separating the cost of the land, Activate was able to assist us with improving both our returns and tax efficiency on this project,” said Lacie Clark, chief executive officer of Alchemy Renewable Energy. “We look forward to working with Maria and her team in the future to help us optimize our economics by financing the real estate separately from the project itself.”
Activate’s industry-leading purchase process supports the goals of developers, while providing excellent customer service to individual landowners involved in large-scale solar and wind projects. To date, Activate and its affiliates have acquired or signed agreements to fund acquisitions totaling more than 8,800 solar acres and 62 wind turbines directly supporting more than 2.8 gigawatts of existing or planned renewable power generation across 20 states.
About Activate Renewables
Activate Renewables is committed to powering new economy investments through the acquisition of real estate and royalty interests associated with high-quality wind, solar and energy storage facilities located across the United States. For more information, please visit www.activate-renewables.com.
About Alchemy Renewable Energy
Alchemy Renewable Energy is an industry leader in renewable energy projects as well as comprehensive long-term debt and tax equity financing. The firm utilizes a credentialed team, a strong network of joint ventures, and parent company Monarch Private Capital to support premium mid-size utility-scale renewable energy projects, including solar and biomass power generation. The Company leverages Monarch Private Capital’s tax equity placement services as the final element of its projects’ capital structure. In addition, Alchemy reduces overall project costs and produce higher overall investor returns by eliminating the need to source third-party development and financing support.
Louisa Garrett; (254) 681-1908; This email address is being protected from spambots. You need JavaScript enabled to view it.
LAS VEGAS--(BUSINESS WIRE)--$ALZN #AGREE--BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced that the Company is considering undertaking an exchange offer (the “Offer”) whereby it would offer debt in the form of notes in exchange for between $50 and $75 million of common stock. If the Company proceeds with the Offer, the Company presently intends to commence the Offer in early 2023 and its terms will be contained in an Offer to Exchange. If the Offer proceeds, the Company intends to apply to list the notes on the NYSE American Exchange. Until such time as the notes are listed on the NYSE American, trading in the notes will occur on the OTC.
The Offer will not be made to any person in any jurisdiction in which either the Offer, or solicitation or sale thereof, is unlawful. Any Offer will be made only by means of the Offer to Exchange. It is anticipated that the Offer will be made pursuant to the exemption from registration requirements of the Securities Act of 1933, as amended, contained in Section 3(a)(9) thereof. Under that exemption, if Common Stock exchanged is freely tradeable, the notes received in exchange therefor will be freely tradeable. If the Common Stock is restricted, the notes will be restricted to the same degree.
The complete terms and conditions of the Offer will be set forth in the Offer to Exchange and related letter of transmittal that will be furnished to holders of Common Stock upon the commencement of the Offer and also filed with the Securities and Exchange Commission on Schedule TO. Prior to making any decision to exchange their shares of Common Stock, stockholders of the Company are strongly encouraged to read the Schedule TO and related exhibits because they will contain important information about the Offer. The Schedule TO and related exhibits will be available without charge at the Securities and Exchange Commission's website at http://www.sec.gov and will be delivered without charge to all stockholders of the Company who so request it.
This press release is for informational purposes only and shall not constitute an offer to sell or exchange nor the solicitation of an offer to acquire the Common Stock or any other securities. Commencement of the proposed Offer is subject to, among other things, completion of all regulatory filings and certain regulatory approvals. Any solicitation of offers to exchange Common Stock for the notes will only be made pursuant to an Offer to Exchange and related materials to be sent by the Company to its stockholders on the commencement of the proposed exchange offer.
For more information on BitNile and its subsidiaries, BitNile recommends that stockholders, investors, and any other interested parties read BitNile’s public filings and press releases available under the Investor Relations section at www.BitNile.com or available at www.sec.gov.
About BitNile Holdings, Inc.
BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, BitNile owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including oil exploration, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, BitNile extends credit to select entrepreneurial businesses through a licensed lending subsidiary. BitNile’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.BitNile.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” “considering” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.BitNile.com.
BitNile Holdings Investor Contact:
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McCulloch to Lead Efforts to Share Company’s Safety Progress and Raise Awareness of Innovative Programs Benefitting Customers
OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) has appointed David McCulloch as its new Vice President and Chief Marketing and Communications Officer, effective today.
McCulloch is a 20-year Bay Area resident who comes to PG&E with deep experience in corporate communications and marketing at a range of companies in the energy and technology sectors. Most recently, he led communications for X’s moonshot to decarbonize the electric grid through advanced simulation and modeling technologies. X is a subsidiary of Alphabet.
McCulloch also has held marketing and communications leadership roles at Hitachi’s global tech subsidiary Hitachi Vantara, fuel cell company Bloom Energy, and General Electric, where he focused on issues at the crossroads of electricity and artificial intelligence. Before that, he led global public relations at Cisco and was an executive leader with global technology PR agency Text 100.
In his new role, McCulloch will oversee how PG&E communicates with the 16 million people it serves in Northern and Central California. This includes keeping customers and others informed about PG&E’s progress in delivering safe, reliable energy; ways the company is helping customers save money on their bills; and how PG&E is harnessing innovation to achieve its bold climate goals. He also will oversee PG&E’s marketing efforts to encourage customer participation in programs that promote energy efficiency, provide income-qualified bill discounts, and support electric vehicle owners, among others.
“We are excited to bring David aboard as we work to build trust with our customers and hometowns by shining a light on all of the ways we support them—whether it’s through investing in our energy systems or providing programs that help them take control of their energy use and costs,” said PG&E’s Executive Vice President and Chief Customer Officer Marlene Santos.
“PG&E has an essential role to play in California, and globally, as a convener of ideas and as a catalyst for energy innovation that better serves our customers and our planet. I’m excited to help bring that same spirit of innovation to how we communicate and engage with our customers and everyone we’re partnering with in building the future of energy,” McCulloch said.
McCulloch has been recognized as North America Public Relations Professional of the Year by PRWeek, was part of Cisco’s PR team that was selected as PRWeek’s In-House Team of the Year and is a past President of the Public Relations Society of America’s Silicon Valley Chapter.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.
Media Relations
415.973.5930
MILPITAS, Calif.--(BUSINESS WIRE)--$AP #ACRA--Imperalis Holding Corporation (“Imperalis” OTC: IMHC), to be renamed TurnOnGreen, Inc., an emerging electric vehicle (“EV”) electrification infrastructure solutions and premium custom power products company (“TurnOnGreen” or the “Company”), reported its financial results for the third quarter ended September 30, 2022, on its Form 10-Q filed with the Securities and Exchange Commission.
TurnOnGreen Overview
TurnOnGreen, through its wholly owned subsidiaries Digital Power Corporation (“DPC”) and TurnOnGreen Technologies, Inc. (“TOGT”), is engaged in the design, development, manufacture, and sale of highly engineered, feature-rich, high-grade power conversion and power system solutions for mission-critical applications and processes. For more than 50 years, DPC has been devoted to the perfection of power solution products that have enabled customer innovation in complex applications covering a wide range of industries. A natural outgrowth of its development of these power systems has been TOGT’s effort to apply the Company’s proprietary core power technologies to optimize the design and performance of its EV charging solutions. TOGT began commercial sales of its high-speed EV chargers and related services in mid-2021. TurnOnGreen’s charging solutions represent an entire generation of new chargers due to dramatic improvements in size reduction in electronic circuitry and higher output density. TurnOnGreen is leveraging its experience and expertise in power conversion and generation to become a leader in the high-growth EV charging solutions market.
Third quarter 2022 highlights include:
Nine months ended September 30, 2022 highlights:
Amos Kohn, the Company’s Chairman and Chief Executive Officer, stated, “We are pleased about having completed the business combination with Imperalis Holdings, which in management’s opinion will provide TurnOnGreen with access to capital via the public markets in support of the Company’s effort to build a robust EV charging infrastructure across North America, and expand the footprint of the power electronics business. We believe this transaction will provide value for new and existing shareholders.” Mr. Kohn continued, “We leverage our experience in power electronics and well-established 50-plus years power electronics subsidiary to support our operations, engineering and large-scale manufacturing. Our sales team continues to drive pipeline growth of our EV supply equipment, services and power electronics segments. We believe that this fundamental growth trend is the beginning of an extraordinary rate of growth which we expect for the upcoming years to come. We are committed to building an electric vehicle charging infrastructure that will accelerate the adoption of e-mobility solutions while reducing carbon emissions.”
The Company’s Chief Financial Officer, David Katzoff, said, “Based on $4.0 million revenues reported in the first nine months of 2022, we enter the fourth quarter of this year on a $5.4 million annualized revenue run rate. In September 2022, we closed the acquisition of TurnOnGreen by Imperalis, an OTC company that will allow the Company to pursue its goal of uplisting to the NASDAQ stock market. As we execute on our business plan to grow revenue, we expect to see improved profitability in the upcoming years.”
About Imperalis Holding Corp.
Imperalis Holding Corp., to be renamed TurnOnGreen, Inc., designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets we serve include defense and aerospace, medical and healthcare, industrial, telecommunications and e-Mobility. The Company brings decades of experience to every project, working with our clients to develop leading-edge products to meet a wide range of needs. The Company’s headquarters are located at Milpitas, CA; www.TurnOnGreen.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.TurnOnGreen.com.
This email address is being protected from spambots. You need JavaScript enabled to view it. or (877) 634-0982
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that TriMas management is scheduled to present at the Bank of America Securities 2022 Leveraged Finance Conference on Tuesday, November 29, 2022, at 10:10 a.m. ET in Boca Raton, Florida. The live webcast will be available in the Investor Relations section of the Company’s website at www.trimascorp.com or at TriMas Corporation (veracast.com).
About TriMas
TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimascorp.com.
Sherry Lauderback
VP, Investor Relations & Communications
(248) 631-5506
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THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, OTCQX: KGEIF) is providing an update on the Emery 17-3H well (98.725% working interest), the Brock 9-3H well (100% working interest) and the Glenn 16-3H well (100% working interest), in its Tishomingo field in Oklahoma.
Emery 17-3H Well
The Emery 17-3H well has averaged about 704 Barrels of oil equivalent per day (“BOEPD”) (547 Barrels of oil per day (“BOPD”)) for the last ten days as the well has been flowing back the completion stimulation fluid.
Wolf Regener, President and CEO, commented, “We are extremely pleased about the early performance of the Emery 17-3H well. These strong early results are occurring while the well is still flowing up casing as the tubing is scheduled to be installed in the coming weeks.
To put the well performance in perspective, the forecasted 30-day proved curve case initial production rate (IP30) utilized by our third-party engineering firm for our December 31, 2021 reserve report was 388 BOEPD (“Reserve Report IP30”), while the initial 30-day type curve used by the Company’s management for wells in the corridor assumes a 472 BOEPD IP30 rate (“Management IP30”). The Emery 17-3H well 10-day IP rate is higher than the comparable 10-day rate for both the Barnes 8-4H well that was drilled earlier this year and the Glenn 16-2H well. The Glenn 16-2H well was drilled a few years ago in the corridor and was completed with the first generation of our latest completion design. The Barnes 8-4H and the Glenn 16-2H wells ended up with IP30 rates that were about 1.5 and 1.6 times higher, respectively, than the Reserve Report IP30.
Based on the current performance of the well and the expectation that it will perform similarly to our previous core area wells, we anticipate that the well will end up with an IP30 rate that is much higher than the Reserve Report IP30 and above the Management IP30. However, there can be no assurance as to what the Emery 17-3H well’s IP30 rate or ultimate productivity will be.”
Brock 9-3H Well and Glenn 16-3H Well
The Brock 9-3H well and the Glenn 16-3H well have been successfully fracture stimulated, and our team is currently drilling out the fracture stimulation plugs. It is anticipated that flow back on both wells will start later this week.
About Kolibri Global Energy Inc.
Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the OTCQX under the stock symbol KGEIF.
Cautionary Statements
In this news release and the Company’s other public disclosure: The references to barrels of oil equivalent ("Boes") reflect natural gas, natural gas liquids and oil. Boes may be misleading, particularly if used in isolation. A Boe conversion ratio of 6 Mcf:1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value. Possible reserves are those additional reserves that are less certain to be recovered than probable reserves. There is a 10% probability that the quantities actually recovered will equal or exceed the sum of proved plus probable plus possible reserves. The type curve utilized by the Company’s management is the average of the 7 Caney wells that were drilled prior to December 31st, 2021, are located in the Corridor (well names can be found on the Company’s Corporate presentation), with lateral lengths normalized to a 4,900 ft lateral length, the other assumptions are the same as in the Company’s December 31, 2021 independent reserves evaluation.
Readers should be aware that references to initial production rates and other short-term production rates are preliminary in nature and are not necessarily indicative of long-term performance or of ultimate recovery. Readers are referred to the full description of the results of the Company's December 31, 2021 independent reserves evaluation and other oil and gas information contained in its Form 51-101F1 Statement of Reserves Data and Other Oil and Gas Information for the year ended December 31, 2021, which the Company filed on SEDAR on March 8, 2022.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws and “forward-looking statements” within the meaning of United States securities laws (collectively, “forward looking information”), including statements regarding the timing of and expected results from planned wells development, the anticipated IP30 rate of the Emery 17-3H well, tubing is scheduled to be installed in the coming weeks, and anticipated timing on beginning the flowback for the Brock 9-3H and Glenn 16-3H wells. Forward-looking information is based on plans and estimates of management and interpretations of data by the Company's technical team at the date the data is provided and is subject to several factors and assumptions of management, including that indications of early results are reasonably accurate predictors of the prospectiveness of the shale intervals, that required regulatory approvals will be available when required, that no unforeseen delays, unexpected geological or other effects, including flooding and extended interruptions due to inclement or hazardous weather conditions, equipment failures, permitting delays or labor or contract disputes are encountered, that the necessary labor and equipment will be obtained, that the development plans of the Company and its co-venturers will not change, that the offset operator’s operations will proceed as expected by management, that the demand for oil and gas will be sustained, that the price of oil will be sustained or increase, that the Company will continue to be able to access sufficient capital through financings, farm-ins or other participation arrangements to maintain its projects, and that global economic conditions will not deteriorate in a manner that has an adverse impact on the Company's business, its ability to advance its business strategy and the industry as a whole. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions on which such forward looking information is based vary or prove to be invalid, including that the Company or its subsidiaries is not able for any reason to obtain and provide the information necessary to secure required approvals or that required regulatory approvals are otherwise not available when required, that unexpected geological results are encountered, that equipment failures, permitting delays, labor or contract disputes or shortages of equipment or labor are encountered, the risks associated with the oil and gas industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration and development projects or capital expenditures; the uncertainty of reserve and resource estimates and projections relating to production, costs and expenses, and health, safety and environmental risks, including flooding and extended interruptions due to inclement or hazardous weather conditions), the risk of commodity price and foreign exchange rate fluctuations, that the offset operator’s operations have unexpected adverse effects on the Company’s operations, that completion techniques require further optimization, that production rates do not match the Company’s assumptions, that very low or no production rates are achieved, that the price of oil will decline, that the Company is unable to access required capital, that occurrences such as those that are assumed will not occur, do in fact occur, and those conditions that are assumed will continue or improve, do not continue or improve, and the other risks and uncertainties applicable to exploration and development activities and the Company's business as set forth in the Company's management discussion and analysis and its annual information form, both of which are available for viewing under the Company's profile at www.sedar.com, any of which could result in delays, cessation in planned work or loss of one or more concessions and have an adverse effect on the Company and its financial condition. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
For further information, contact:
Wolf E. Regener +1 (805) 484-3613
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Website: www.kolibrienergy.com
BARCELONA, Spain--(BUSINESS WIRE)--Wallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced its participation in upcoming institutional investor-focused events:
December 6, 2022: The Credit Suisse Virtual Climate Tech Conference
Eduard Casteneda, Co-founder and Chief Innovation Officer, and Matt Tractenberg, Vice President of Investor Relations will host virtual meetings with investors. Interested investors should reach out to their Credit Suisse sales contact directly.
December 13, 2022: The Janney Montgomery Scott Energy Transition Forum
Douglas Alfaro, General Manager of Wallbox North America, and Matt Tractenberg, Vice President of Investor Relations will present the company’s strategy and opportunities and host in-person meetings with investors in San Francisco. Interested investors should reach out to their Janney Montgomery sales contact directly.
December 15, 2022: UBS Virtual Electric Grid Summit
Jordi Lainz, CFO, and Matt Tractenberg, Vice President of Investor Relations will host meetings with investors at this virtual event. Interested investors should reach out to their UBS sales contact directly.
About Wallbox
Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine users' relationship to the grid. Wallbox goes beyond electric vehicle charging to give users the power to control their consumption, save money, and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public and public use in more than 110 countries. Founded in 2015 and headquartered in Barcelona, the company now employs over 1,200 people in its offices in Europe, Asia, and the Americas. For additional information, please visit www.wallbox.com.
Wallbox Investor Contact:
Matt Tractenberg
VP, Investor Relations
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+1 404-574-1504
Wallbox Public Relations Contact:
Elyce Behrsin
Public Relations
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+34 622 513 358
The addition of Nicolette bolsters Galvanize's growing capabilities and expertise in sustainable real estate
SAN FRANCISCO--(BUSINESS WIRE)--Nicolette Rabadi Jaze has joined Galvanize Climate Solutions (“Galvanize”), where she will lead Environmental Social Governance (ESG) and Sustainability for Galvanize’s real estate investment strategy. Reuniting with her former colleague, Joseph Sumberg, Nicolette will be based out of Galvanize’s New York office.
Nicolette comes to Galvanize from Esusu Financial, where she was Head of Client Engagement, Communications, and ESG. Prior to Esusu, Nicolette spent 15 years in sustainability roles at Goldman Sachs and The Moody’s Corporation. Most recently, Nicolette spent six years as a Vice President at Goldman Sachs, developing operational ESG integration strategies for real estate, both within the Asset Management and Corporate Real Estate divisions. In partnership with Joseph, Nicolette was responsible for defining and integrating the first generation of ESG priorities for all GSAM private real estate funds. These efforts spanned a variety of disciplines including energy generation, resource conservation, community engagement, and diversity and inclusion.
At Galvanize, Nicolette is looking to leverage Galvanize’s in-house team of science, technology, and policy experts to craft a comprehensive sustainability framework and decarbonization program for all property types.
“Nicolette has a track record of translating her passion to create a more sustainable environment and community into practical real-world solutions for the built environment,” said Joseph Sumberg, Managing Partner & Head of Real Estate at Galvanize. “I’m excited to see the impact that we will drive when we combine her knowledge and partnerships with the technical expertise of the Galvanize platform under a mandate exclusively focused on sustainable real estate investing.”
“Throughout her professional career, Nicolette has demonstrated a deep and authentic desire to positively impact the planet and those around her,” said Katie Hall, Co-Executive Chair of Galvanize. “We believe that climate change will be one of the most consequential secular trends in the U.S. real estate market for decades to come, presenting a significant opportunity for asset acquisition and investment towards decarbonization and value creation. Nicolette’s ability to craft and implement scalable sustainability programs that drive profits for our investors fits well with Galvanize’s mission.”
“The investment community is poised to accelerate sustainable solutions in the real estate sector, representing a tremendous opportunity,” said Nicolette Rabadi Jaze, Head of ESG & Sustainability at Galvanize Sustainable Real Estate. “I’m thrilled to be joining the Galvanize team, whose deep climate expertise is equally matched by its investment rigor and approach. I am excited to bring new sustainability frameworks to life across the platform and share the success of our impact with our investors.”
ABOUT GALVANIZE CLIMATE SOLUTIONS
Galvanize Climate Solutions (“Galvanize”) is a climate-focused global investment firm built to support critical decarbonization solutions. Founded in September 2021 by Katie Hall and Tom Steyer, Galvanize invests at all stages and across asset classes, spanning seed, venture, growth, real estate and public equities. Galvanize strategies take a systems approach, utilizing a platform of integrated expertise across investment, climate science, technology and policy, aiming to accelerate the solutions that will define the climate transition and deliver compelling returns.
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