CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM) will participate in the Bank of America 2023 Global Agriculture and Materials Conference in Fort Lauderdale, Florida, on Wednesday, March 1. A fireside chat featuring Greg Morris, president, Ag Services & Oilseeds, will be broadcast live at 9:30 a.m. EST at www.adm.com/webcast. A replay will also be available for a limited time on www.adm.com/webcast.
About ADM
ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.
Source: Corporate Release
Source: ADM
ADM Media Relations
Jackie Anderson
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312-634-8484
ADM Investor Relations
Megan Britt
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872-257-8378
ARLINGTON, Va.--(BUSINESS WIRE)--America's Frontier Fund (AFF) announced today it is assembling a group of 12 finance, policy, and technology experts to join its newly formed Strategic Innovation Group. The group will provide strategic guidance to help AFF reach its investment objectives and advance American competitiveness through frontier technologies. The Strategic Innovation Group will be chaired by Nicholas Donofrio, IBM Fellow Emeritus and Former Executive Vice President, Innovation and Technology at IBM.
AFF is the nation’s first investment platform focused on empowering American innovation and revitalizing domestic manufacturing in critical frontier technology sectors. Consisting of industry experts, accomplished executives, and successful entrepreneurs, the Strategic Innovation Group will identify bold ideas to power American innovation within next-generation technologies and advanced manufacturing.
"We are excited to launch the Strategic Innovation Group and incorporate the extensive knowledge and insight these accomplished Americans bring to the table," said Jordan Blashek, AFF's President and Chief Operating Officer. "Their unique insights will prove invaluable towards driving breakthrough innovations, jobs, and shared prosperity for all Americans."
“America must lead the next wave of innovation in artificial intelligence, biotechnology and microelectronics–the stakes are simply too high,” said Nicholas Donofrio, Chairman of America’s Frontier Fund’s new Strategic Innovation Group. “I am privileged to have the opportunity to lead AFF’s new advisory group composed of successful and talented individuals committed to helping aid in this critical mission.
“America’s Frontier Fund is the only organization that has found a bridge between government, industry, and capital markets. Their talent and capital stack puts them at the forefront of seeing, building and enabling a future where the US leads in the most critical global industries.”
The members include:
Nicholas Donofrio, Chair
Dr. Mostafa Analoui
Steve Blank
Mung Chiang
Dr. Mark Dean
Michele Docharty
Julia Phillips
Henrik Rasmussen
Ray Rothrock
Anne-Marie Slaughter
Tyson Voelkel
Stephen Rodriguez, Rapporteur
About America’s Frontier Fund
America’s Frontier Fund (AFF) is the nation’s investment platform committed to ensuring the United States remains the best place in the world to pursue Frontier Technology innovation and investment returns. Since its creation in 2021, AFF has assembled a world-class board of directors and a unique team of investors, scientists, technologists, and policy experts dedicated to this mission. AFF invests domestically, across all stages, through Frontier Fund I; incubates companies through its national network of innovation hubs, Roadrunner Studios; and supports U.S. allies and partners with the development of critical and emerging technologies through its leadership of the Quad Investors Network.
Media:
Alex El-Fakir
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CAM to Support One of Largest Dairy RNG Project Pipelines in the Country
HOUSTON--(BUSINESS WIRE)--CAM Integrated Solutions, LLC (CAM), announced today their partnership with Amp Americas, a leader in the renewable natural gas (RNG) industry providing carbon-negative fuels and feedstocks from waste at dairy farms.
Through the partnership, CAM will provide engineering support for several Amp Americas’ RNG production development projects including both one of the largest animal waste-to-RNG projects to date, and micro plants, to make RNG viable for smaller dairy farms.
Amp Americas owns and operates one of the largest portfolios of ultra-low carbon intensity RNG facilities in the U.S. In 2023, Amp Americas expects to produce approximately 12-million-gallon equivalents of RNG and nine million kilowatt-hours of electricity.
Craig Pierrotti, CAM’s CEO states, “Our partnership was founded on both aligned core values and a joint mission to support the transition to renewable energy. We are eager to support Amp as they continue to pave the way in the RNG space.”
CAM recognizes the evolving energy market and brings a lean, “midstream mentality” to the new generation of energy. CAM’s wide range of fully integrated service offerings have proven to be instrumental to Amp Americas over the past year and will continue to provide comprehensive project delivery services as they pioneer the renewable industry.
About CAM Integrated Solutions, LLC (CAM)
CAM Integrated Solutions, founded in 2015, provides integrated EPCM solutions for the energy market. CAM provides clients with a wide range of services, from concept to in-service, including engineering and design, procurement, fabrication, construction management, survey, right-of-way, and automation and controls. CAM’s multi-talented, operator-experienced team delivers consistent results for simple or complex projects. For more information, visit www.camintegrated.com.
About Amp Americas
Founded in 2011, Amp Americas builds, manages, operates, and maintains RNG production facilities that convert dairy waste into carbon-negative renewable transportation fuel and power. The vertically integrated company leverages 11 years of unique expertise and specialized experience in carbon-negative fuel development, operations, services and marketing to deliver comprehensive, turn-key solutions that address greenhouse gas emissions and seek to improve air, land and water quality. Amp Americas’ operations have eliminated nearly 1.4 million metric tons of CO2, equivalent to taking about 294,000 cars off the road for one year. Amp Americas received the first dairy waste-to-vehicle fuel pathway certified by California’s Air Resources Board (“CARB”) and successfully registered the first five California dairy RNG pathways. Visit ampamericas.com.
Kelli Hardin
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832-533-8202
camintegrated.com
Former Etsy CEO and early Amazon leader brings deep consumer, technology and brand experience as Perch drives accelerated growth.
BOSTON--(BUSINESS WIRE)--Perch Energy (or “Perch”), a clean energy technology platform and community solar marketplace connecting developers and consumers, today announced the appointment of Maria Thomas to the company’s Board of Directors. As an independent board member, Maria brings a wealth of valuable experience, both as an operating executive and experienced board member. She previously served as CEO of Etsy and held leadership roles at Samsung SmartThings and Amazon. Currently, Maria is Chief Strategy and Operating Officer at GetSetUp, a global learning platform serving older adults.
"At a time when the Inflation Reduction Act and greater adoption of community solar are providing tailwinds to our business, we’re excited to tap into Maria’s deep experience scaling growth-stage, software-driven companies and building trusted brands,” said Bruce Stewart, Perch Energy CEO. “Maria’s expertise and guidance will be invaluable as Perch enters new markets and expands its line of innovative customer and client solutions.”
"Community solar makes clean energy options more affordable and accessible to all,'' said Maria Thomas. “I’m excited to join the Board of Perch at this important juncture in the industry, and to support the company’s growth as it helps more consumers and businesses benefit from the shift to renewables and secure valuable energy savings.”
Maria's prior corporate governance experience includes serving on the boards of MyEnergy (acquired by Google Nest), Control4 (NASDAQ-CTRL; acquired by Snap One) and Spoonflower (acquired by Shutterfly). At Perch, she joins current Board members Joe Lipscomb (Co-founder and Partner, Arborview Capital), Bruce Stewart (President and CEO, Perch Energy) and Eric Graber-Lopez (President, BlueWave Solar).
About Perch Energy
Perch Energy is a Boston-based clean energy tech and services company that offers a diverse set of products and services for homeowners, renters, businesses, and solar farm owners. Perch provides a suite of services for renewable energy savings and incentives—from their community solar project support team for solar farm owners, dedicated to effective customer acquisition, onboarding, billing, and engagement—to its automated platform for residents and businesses helping them access the cost-saving benefits of clean energy.
Perch announced its launch as an independent company from BlueWave in early 2021, followed by a $7.2M Series A funding and the appointment of President and CEO Bruce Stewart in 2022. To date, Perch has provided services for solar projects which have generated over 1 billion kWh of power, delivering exceptional value to solar project developers, owners, and customers.
Learn more at www.perchenergy.com
Follow Perch Energy on LinkedIn: http://linkedin.com/company/perchenergy
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EVANSTON, Ill.--(BUSINESS WIRE)--AtmosphericIQ LLC, a leading provider of high-resolution weather and environmental data for commercial and industrial use, is pleased to announce the appointment of Larry McConathy to its board of directors.
Larry brings a wealth of experience in corrosion for oil and gas and offshore markets, as well as a strong educational background in business and marketing. He holds a Master of Science in Marketing, Master of Business Administration and a Bachelor of Business Administration from Texas A&M University.
"We are thrilled to have Larry join our team and bring his wealth of knowledge and experience to the table," said Thomas Hayden, CEO of AtmosphericIQ. "His background in corrosion for oil and gas and offshore markets, combined with his education in business and marketing, will be a valuable asset as we continue to grow and innovate in the field of atmospheric data."
Larry said, "I am excited to join the AtmosphericIQ team and to have the opportunity to work with such a talented group of professionals. I look forward to contributing my expertise and helping the company continue to excel in the field of weather and environmental data."
Larry has previously held leadership roles at several successful companies in the oil and gas industry and is well-respected in the field of corrosion engineering.
We are confident that Larry's appointment will help to drive the company's continued success and we look forward to working with him in his new role.
For more information, please contact AtmosphericIQ LLC at This email address is being protected from spambots. You need JavaScript enabled to view it..
AtmosphericIQ LLC
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CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM) was named one of the world’s most admired companies in the food production industry by FORTUNE Magazine for the 15th year in a row.
FORTUNE’s “World's Most Admired Companies” list is the definitive report card on corporate reputation, and is developed by FORTUNE and Korn Ferry. FORTUNE began the process with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in the Fortune Global 500 database that have revenues of $10 billion or more. From there, the highest-revenue companies in each industry were chosen to participate, a total of 645 in 27 countries across 52 industries. Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.
“This achievement is a tribute to our team of 40,000 colleagues and ADM's efforts over the past 120 years to enrich the quality of life around the world,” said Chairman and CEO Juan Luciano. “We are extremely honored to once again be recognized as one of the most admired companies in our industry.”
About ADM
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.
Source: Corporate Release
Source: ADM
ADM Media Relations
Jackie Anderson
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312-634-8484
BERLIN, N.H.--(BUSINESS WIRE)--#ESG--The North Country Growers (NCG) project has achieved its initial funding milestone that will enable NCG to continue its forward momentum. NCG is expected to complete construction by this fall and begin operations in Q4 2023 in a market yearning for fresh and affordable produce. This project has strong state and local support and is expected to bring 83 full time jobs to the area once 20 acres of greenhouses are in operation.
Jack Daley, Project Manager for the Berlin, NH facility, says “We are extremely pleased to have completed this round of funding as it allows us to purchase all the materials and equipment needed to complete construction of the first greenhouse in 2023. This past fall we finished site preparation and installed the foundations of the steel substructure, and we are anxious to resume construction this spring and begin growing fresh produce in Q4.”
This $37.5 million project will leverage Combined Heat and Power (CHP) technology, using natural gas to create electricity on site while capturing waste heat and carbon dioxide. Heat from the CHP system is expected to save ~11,700 MMBtu per acre each year in heating, and the use of supplemental carbon dioxide in the greenhouse will boost yields by 30%. At the same time, these systems will provide NCG with a lower delivered cost per pound of salad greens compared to standard indoor farming operations.
Mike O’Mara, President of Ozone Capital Markets, LLC who is assisting NCG in this project commented: “Food security has become a major issue in the Northeast. Most of the produce consumed in this region is transported from the West Coast. A number of factors, including higher diesel and fertilizer prices, has contributed to making healthy produce unaffordable to many. Large industrial greenhouses, located in colder climates, leveraging CHP technology is likely the most efficient option to solving food security issues.”
Ozone Capital Markets LLC is an independent consulting firm helping individuals, family offices, and other institutional investors identify and connect with Qualified Opportunity Zone (QOZ) projects. As the number and diversification of QOZ funds increase, Ozone Capital Markets looks to serve as a resource to help educate and navigate the space. For further questions about this project contact:
Michael O’Mara
President
617.549.5154
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Global reference index gauges performance of public companies dedicated to reporting gender-related data
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it is a member of the 2023 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index developed to gauge the performance of public companies dedicated to reporting aggregate gender-related data. This reference index measures gender equality across five pillars: leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand.
The 2023 GEI reaches globally to represent 45 countries and regions, including firms headquartered in Luxembourg, Ecuador, and Kuwait for the first time. The 484 member companies represent a variety of sectors, including financials, technology, and utilities, which continue to have the highest company representation in the index from 2022.
“We’re extremely proud to join Iberdrola as members of the 2023 Bloomberg GEI,” said AVANGRID CEO Pedro Azagra. “The Bloomberg GEI includes over 70 metrics and our strong score on those related to ‘inclusive culture’ affirms the work we’ve done to build a diverse and inclusive workplace community, which we are proud of. As a member of the global Iberdrola Group, we know that diverse perspectives make us better. With a variety of voices in the room, we make sounder decisions, serve our customers more effectively, and foster an environment where people feel valued.”
AVANGRID submitted a social survey created by Bloomberg, in collaboration with subject matter experts globally. Those included on this year’s index scored at or above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.
Contributing to AVANGRID’s strong score on “inclusive culture” are its numerous gender inclusive programs such as:
“We’re very proud of what we have achieved, and we know there is more work to do,” said Liberna Charles, vice president of talent management and diversity at AVANGRID. “We are committed to constantly improving and to making progress a priority. Taking part in the Bloomberg GEI was important to us not only for transparency, but to learn what other leading companies are doing in the DE&I space so that we can continue to push the envelope.”
Alongside Bloomberg GEI, AVANGRID has active involvement with key public memberships. The company signed onto Paradigm for Parity in 2021, a coalition of organizations dedicated to addressing the systemic gender and racial gaps in the corporate sector. Additionally, the company is part of CEO Action for Diversity & Inclusion, pledging to support a more inclusive workplace for employees, communities and society at large. AVANGRID has also committed to a goal of having 35% women in executive positions by 2025.
"Congratulations to the companies that are included in the 2023 GEI," said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. "We continue to see an increase in both interest and membership globally, reflecting a shared goal of transparency in gender-related metrics.”
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs more than 7,000 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2023, AVANGRID ranked first within the utility sector for its commitment to the environment. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. AVANGRID is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Bloomberg: Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
MEDIA:
Sarah Warren
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585-794-9253
Smart energy technology companies collaborate to bolster grid resiliency and drive new value for customers
SAN FRANCISCO & COLUMBUS, Ohio--(BUSINESS WIRE)--#climatetech--Leap, a leading energy market access provider, and Armada Power, a leader in load management technology for electric water heaters, today announced a new partnership to offer grid services revenue opportunities to commercial and residential customers in California.
Armada’s innovative technology unlocks a rated up to 5.5 kW of thermal energy storage potential of electric water heaters. Leap’s platform facilitates easy, automated access to energy markets. This partnership will deliver megawatts of reliable load to CAISO and generate new value for renters and property owners in demand response and other grid services programs and energy usage to help balance the grid. Through Leap and Armada’s partnership, residential and commercial buildings in California that use Armada’s electric water heater technology can become paid grid resiliency resources.
Last September’s historic heat wave in California demonstrated the growing importance of sustainable demand-side solutions to provide flexible support to the electric grid. In collaboration with Leap, Armada's network of energy assets will transact in California's wholesale energy market, allowing these flexible loads to both reduce strain during grid emergencies and also help balance the grid on a day-to-day basis. Thanks to Armada's unique aggregation approach, water heaters can offer flexibility to the grid without loss of hot water to the end user.
“We’re excited to work with Leap to grow our grid services footprint in California,” said Kit Hagen, Senior Vice President of Growth at Armada Power. “Leap and Armada’s complementary technology will create new value for building owners and for the grid without compromising the availability of hot water for our customers.”
Armada's innovative system provides value to owners of multifamily properties when they provide their tenants access to the Armada technology. In turn, the Armada technology ensures networked connectivity to ensure a guaranteed load responsive thermal storage to the CAISO market in partnership with Leap.
Leap’s software-only solution enables Armada to connect the water heaters across its portfolio to energy markets without any additional hardware. Together, Armada and Leap are expanding energy market access to a wider array of energy consumers, including multifamily buildings, a traditionally underserved sector in the grid services space.
“Water heaters have been an underutilized grid edge resource, but Armada Power has developed innovative technology to tap their enormous potential,” said Jason Michaels, Chief Commercial Officer at Leap, “We’re thrilled to partner with Armada to usher in the next generation of smart water heater load shifting capabilities that will unlock a more dynamic, resilient power system.”
About Leap
Leap is the leading global platform for generating new value from distributed energy resources through integration with energy markets. Leap does all of the heavy lifting, seamlessly connecting technology partners to high-value revenue streams and providing a simplified, automated access point for market participation with batteries, electric vehicle charging, smart thermostats, HVAC systems, and other flexible assets. By making it easy for distributed resources to participate in energy markets, Leap lays the groundwork for virtual power plants (VPP). Leap empowers its partners to provide resilient, zero-carbon capacity to the grid while strengthening engagement with their customers through new value streams.
About Armada Power
Armada Power is a technology and software company that incorporates behind-the-meter, thermal storage technology into a secure platform that allows for millisecond grid response for demand, circuit, voltage, and load controls. Armada Power avoids high-carbon generation sources in real time by soaking up excess renewable energy on the grid, effectively transforming the second largest residential energy load device into a zero-carbon storage asset. Follow the company on LinkedIn or Twitter (@PowerArmada).
Leap
Caroline Thompson
Marketing Manager
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Armada Power
David Myers
Marketing Manager
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HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--The Eversource Energy Board of Trustees declared a quarterly dividend of $0.675 per share, payable March 31, 2023, to shareholders of record as of March 2, 2023.
Eversource also announced today that it will webcast a conference call with financial analysts on Tuesday, February 14, 2023, beginning at 9 a.m. Eastern Time, at which senior management will review the company’s financial performance through 2022.
This listen-only, live audio presentation will be accessible from the Investors section of the Eversource website at https://www.eversource.com/content/general/residential/about/investors/presentations-webcasts.
Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is the #1 energy company in Newsweek’s list of America’s Most Responsible Companies for 2023 and recognized as one of America’s Most JUST Companies. Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.4 million customers in Connecticut, Massachusetts and New Hampshire. The #1 energy efficiency provider in the nation, Eversource harnesses the commitment of approximately 9,500 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on Twitter, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.
Jeffrey R. Kotkin
860-665-5154
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Vicinity Energy to operate the facility in Grand Rapids, MI, reducing annual operating costs and increasing the local workforce.
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--#BOSpoli--Vicinity Energy, a decarbonization leader with the nation’s most extensive portfolio of district energy systems, will partner with Kent County Department of Public Works to operate the Waste-to-Energy facility in Grand Rapids, Michigan. Vicinity and Kent County have entered into a long-term service agreement that ensures the facility will operate safely and efficiently. The partnership will save Kent County in operating costs annually while reinforcing its commitment to quality service, the environment, and the local workforce.
“For more than 30 years, Waste-to-Energy has been a key part of Kent County’s integrated waste management system, and it allows our community to responsibly and reliably dispose of solid waste while producing local energy and reducing the amount of waste going into landfills,” said Dar Baas, director of the Kent County Department of Public Works. “We’re continuing to invest in the Waste-to-Energy facility, and this new partnership with Vicinity will ensure it operates safely and efficiently for years to come.”
Vicinity has welcomed the existing plant employees to its team and will hire more team members to ensure safe, efficient, and reliable services are delivered to the residents and businesses served by the facility. This partnership marks a critical milestone in Vicinity's commitment to sustainability and bringing new jobs and services to West Michigan.
“We are proud to serve as the new operator of this critical piece of Kent County’s waste management system and look forward to continuing to work with the community well into the future,” said Kevin Hagerty, deputy CEO and chief operating officer of Vicinity Energy. “In addition to ensuring a smooth transition from the prior operator, our team has been hard at work on providing the most reliable, resilient, and sustainable services possible.”
The Waste-to-Energy facility incinerates non-hazardous solid waste from municipal and commercial operations in Grand Rapids, East Grand Rapids, Grandville, Kentwood, Walker, and Wyoming. Each year, the facility prevents 190,000 tons of waste from going to landfill, generates enough energy to power 11,000 homes, and recovers enough steel to make 3,000 cars.
The Waste-to-Energy facility upholds the highest environmental standards, achieving Michigan’s Clean Corporate Citizen (C3) designation each year since 2006. The facility also meets or exceeds the strictest federal standards set forth by the EPA and other regulatory bodies and employs sophisticated clean-air technologies to achieve superior environmental performance. The plant operates, on average, 90% below permit limits.
“We are thrilled to partner with Kent County and welcome the new members to the Vicinity team in Grand Rapids,” said Jesse Douglas, vice president and general manager of Vicinity’s Grand Rapids operations. “This transition of operations is an exciting step for both the County and Vicinity to bring innovative solutions to the communities we mutually serve.”
Vicinity also owns and operates the heating and cooling facility that provides clean steam to about 10 million square feet of space in downtown Grand Rapids. Vicinity's district energy system maintains between 90-95% efficiency year-round. All Grand Rapids customers connected to district energy have a 38% lower annual carbon footprint than if they were to self-generate heat, with future improvements intended to offer renewable, carbon-free energy solutions as part of Vicinity's Clean Energy Future plan.
About Kent County Department of Public Works
The Kent County Department of Public Works provides municipal solid waste disposal services to ensure the effective removal, storage, and disposal of residential and commercial solid waste through various facilities and programs, including Waste-to-Energy, Recycling, and Education Center, North Kent Transfer Station, and South Kent Landfill.
About Vicinity Energy
Vicinity Energy is a clean energy company that owns and operates the nation’s most extensive portfolio of district energy systems. Vicinity produces and distributes reliable, clean steam, hot water, and chilled water to over 230 million square feet of building space nationwide. Vicinity is committed to achieving net zero carbon across its portfolio by 2050. Vicinity continuously invests in its infrastructure and the latest technologies to accelerate the decarbonization of commercial and institutional buildings in city centers. For more information about Vicinity’s Clean Energy Future commitment, visit www.vicinityenergy.us.
Media Contacts
Kent County Department of Public Works
Stephen Faber
Communications and Marketing Manager
c: 616.821.8006
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Vicinity Energy
Sara DeMille
Marketing and Communications
c: 617.290.5344
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GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider (NYSE: SNDR), a premier multimodal provider of transportation, intermodal, and logistics services announced today that on January 30, 2023, its Board of Directors declared a quarterly cash dividend of $0.09 per share on its Class A and Class B common stock, payable to shareholders of record as of March 10, 2023. The dividend is expected to be paid on April 10, 2023.
On January 31, 2023, its Board of Directors approved a new stock repurchase program (the “Share Repurchase Program”) under which up to $150 million of the Company’s outstanding Class A common stock, no par value, and/or Class B common stock, no par value, may be acquired over the next three years. The Share Repurchase Program is a complementary component of the Company’s capital allocation framework and will primarily serve to offset the dilutive effect of equity grants to employees over time.
Stock repurchases under the Share Repurchase Program may be made from time to time, at the discretion of management, through open market repurchases effected through a broker at prevailing market prices, or through privately negotiated transactions, based on a variety of factors including our liquidity and capital position, current market conditions, and the future economic and earnings outlook.
There can be no assurance as to the number of shares the Company will purchase pursuant to the Share Repurchase Program, if any, and the Company may discontinue purchases at any time at the discretion of management. The Share Repurchase Program may be increased or otherwise modified, renewed, suspended, or terminated by the Company at any time, without prior notice.
About Schneider
Schneider is a premier multimodal provider of transportation, intermodal, and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics, and Logistics Consulting.
With $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry, giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.
For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and Twitter: @WeAreSchneider.
Media Relations Contact
Kara Leiterman, Schneider
M 920-370-7188
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Investor Relations Contact
Steve Bindas, Schneider
920-357-SNDR (7637)
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This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated August 12, 2021 to its short form base shelf prospectus dated August 5, 2021
HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (TSX: EMA) announced today that its wholly-owned subsidiary, Nova Scotia Power (NS Power), has received the Nova Scotia Utility and Review Board’s decision, which substantially approves NS Power’s previously announced rate settlement agreement.
NS Power filed the settlement agreement for its 2022-2024 General Rate Application (GRA) on November 25, 2022. The settlement, which addresses both fuel and non-fuel rates, was reached between NS Power, key customer representatives, and other stakeholders.
Information on the UARB decision can be found at nspower.ca/gra or on the UARB website.
Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information requires Emera and NS Power to make assumptions and is subject to inherent risks and uncertainties. These statements reflect Emera management’s and NS Power management’s current beliefs and are based on information currently available to Emera management and to NS Power management. There is a risk that predictions, forecasts, conclusions and projections that constitute forward-looking information will not prove to be accurate, that Emera’s and NS Power’s assumptions may not be correct and that actual results may differ materially from such forward-looking information. Additional detailed information about these assumptions, risks and uncertainties is included in Emera’s and NS Power’s securities regulatory filings, including under the heading “Enterprise Risk and Risk Management” in Emera’s and in NS Power’s annual Management’s Discussion and Analysis, and under the heading “Principal Financial Risks and Uncertainties” in the notes to Emera’s and to NS Power’s annual and interim financial statements, which can be found on SEDAR at www.sedar.com.
About Emera Inc.
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $36 billion in assets and 2021 revenues of more than $5.7 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in three Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedar.com.
About Nova Scotia Power
Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera Inc. (TSX-EMA), a diversified energy and services company. Nova Scotia Power provides 95% of the generation, transmission and distribution of electrical power to approximately 540,000 residential, commercial and industrial customers across Nova Scotia. The company is focused on new technologies to enhance customer service and reliability, reduce emissions and add renewable energy. Nova Scotia Power has over 2000 employees and $4.5 billion in operating assets. Learn more at www.nspower.ca.
Media:
Dina Seely
Emera Inc.
902-428-6951
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OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, announced participation in the following investment conferences.
Stifel 2023 Transportation and Logistics Conference: Wednesday, February 8, 2023, in Amelia Island, Florida, including investor meetings. Fireside chat presentation from 10:20 a.m. to 10:50 a.m. ET. Speakers: Derek J. Leathers, Chairman, President and Chief Executive Officer, John J. Steele, Executive Vice President, Treasurer and Chief Financial Officer, and Eric J. Downing, Executive Vice President and Chief Operating Officer.
Citi’s 2023 Global Industrial Tech and Mobility Conference: Tuesday, February 21, 2023, in Miami, Florida, including investor meetings. Fireside chat presentation from 1:50 p.m. to 2:30 p.m. ET. Speakers: Derek J. Leathers, Chairman, President and Chief Executive Officer and Chris C. Neil, Senior Vice President Pricing and Strategic Planning.
A live webcast for each of the events will be available on the respective conference dates on the Werner website at www.werner.com in the “Investors” section under “News & Events” and then “Events Calendar”. An archive will then be available on the Werner website during the 30-day period following each conference date.
The conference dates and times provided in this press release may be subject to change. Should any such change occur, Werner may update the information by giving notice on its website or through other methods of public disclosure. Please consult the Werner website before or on the conference date for any such updated notices.
Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2021 revenues of $2.7 billion, an industry-leading modern truck and trailer fleet, over 14,000 talented associates and our innovative Werner EDGE technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. As an industry leader, Werner is deeply committed to promoting sustainability and supporting diversity, equity and inclusion.
This press release, as well as the oral public statements made by any Werner representative during the webcasts announced in this press release, may contain 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, and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements are based on information presently available to Werner’s management and are current only as of the date made. Actual results could also differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in Werner’s Annual Report on Form 10-K for the year ended December 31, 2021 and subsequently filed Quarterly Reports on Form 10-Q. For those reasons, undue reliance should not be placed on any forward-looking statement. Werner assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. Any such updates or revisions may be made by filing reports with the U.S. Securities and Exchange Commission, through the issuance of press releases or by other methods of public disclosure.
John J. Steele
Executive Vice President, Treasurer and Chief Financial Officer
(402) 894-3036
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its fourth quarter results on Thursday, February 16, in a news release before the stock markets open. The company will hold an analyst conference call that day at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss the fourth quarter 2022 earnings.
All parties interested in listening may do so through a live Webcast or by calling (855) 761-5600 for listen-only mode. The passcode for the call is 3990987. The conference call logistics are posted on the company’s Website (www.idacorpinc.com) and will be included in the company’s earnings news release. Slides will be included during the conference call. To access the slide deck, register for the event just prior to the call at https://www.idacorpinc.com/investor-relations/earnings-center/default.aspx. A replay of the conference call will be available on the company’s website for a period of 12 months and will be available shortly after the call.
IDACORP, Inc., Boise, Idaho-based and formed in 1998, is a holding company comprised of Idaho Power Company, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. Idaho Power began operations in 1916 and employs approximately 2,000 people to serve a 24,000 square-mile service area in southern Idaho and eastern Oregon. Idaho Power's goal of 100% clean energy by 2045 builds on its long history as a clean-energy leader providing reliable service at affordable prices. With 17 low-cost hydropower projects at the core of its diverse energy mix, Idaho Power’s more than 610,000 residential, business, and agricultural customers pay among the nation’s lowest prices for electricity. To learn more about IDACORP or Idaho Power, visit www.idacorpinc.com or www.idahopower.com.
Justin S. Forsberg
Director of Investor Relations & Treasury
Phone: (208) 388-2728
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HOUSTON--(BUSINESS WIRE)--Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or the “Company”) announced today that it will host a conference call to discuss its fourth quarter and full year 2022 results on Thursday, February 23, 2023 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its fourth quarter and full year 2022 earnings release after the market closes on February 22, 2023.
To join the fourth quarter 2022 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. To listen via live webcast, please visit the Investor Relations section of the Company’s website, www.solarisoilfield.com.
An audio replay of the conference call will be available shortly after the conclusion of the call and will remain available for approximately seven days. It can be accessed by dialing (877) 344-7529 within the United States or (412) 317-0088 outside of the United States. The conference call replay access code is 6844582. The replay will also be available in the Investor Relations section of the Company’s website shortly after the conclusion of the call and will remain available for approximately seven days.
About Solaris Oilfield Infrastructure, Inc.
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris’ patented equipment and systems are deployed across oil and natural gas basins in the United States. Additional information is available on our website, www.solarisoilfield.com.
Yvonne Fletcher
Senior Vice President, Finance and Investor Relations
(281) 501-3070
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Facility will be installed in integrated demonstration test for production/utilization of blue hydrogen and ammonia by INPEX
TOKYO--(BUSINESS WIRE)--The aim of Tsubame BHB Co., Ltd. (hereinafter, “the Company”) is to commercialize on-site ammonia production at small-scale plants using an electride-based catalyst. The Company received an order from Daiichi Jitsugyo Co., Ltd. (hereafter, "Daiichi Jitsugyo") for ammonia synthesis facility to be introduced for the integrated demonstration test of blue hydrogen and ammonia production/utilization conducted by INPEX Corporation (hereafter, “INPEX”) in Kashiwazaki City, Niigata Prefecture.1
This is the Company’s first commercial small-scale ammonia synthesis facility. In this demonstration test, we plan to produce 500 tons of ammonia per year. Daiichi Jitsugyo, the main contractor, oversees the overall construction of the ammonia plant. The Company oversees the detailed design and equipment supply for the ammonia synthesis facility in the plant. Detailed design and equipment procurement has already started in December 2022, and ammonia production is scheduled to start in FY2025.
In addition to the 500-ton model that will be introduced in this demonstration test, the Company is developing our small-scale ammonia synthesis facilities with 3,000-ton and 5,000-ton models. Through the expansion of on-site production that produces the required amount at the demand site, the Company is taking on the challenge of solving environmental/food issues faced by mankind and realizing a sustainable society by reducing the transportation costs, storage costs, and greenhouse gas emissions of ammonia.
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1. INPEX Press Release
About Tsubame BHB Co., Ltd.
Tsubame BHB is an ammonia synthesis technology company, which aims at world decarbonization and achieving Food Security.
Our core technology is the “Electride catalyst” and its dedicated engineering process. Electride catalyst is an innovative technology by Tokyo Institute of Technology, which enables ammonia synthesis at lower temperature and lower pressure compared with the conventional process. This makes small scale distributed ammonia production possible, then ammonia users can benefit from the supply chain cost reduction.
We provide Small-Scale Onsite Green Ammonia Production system using locally available renewable energy, as a solution for the renewable nitrogen fertilizer, the CO2 free fuel for power generation, maritime bunkering and the alternative energy storage of the renewable energy etc.
Tsubame BHB is a leading company to bring innovation to Ammonia supply chain and realize a sustainable society.
Tomoyuki Koide, Deputy General Manager, Marketing Division
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HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today it will release financial and operating results for the fourth quarter and full year 2022 and post an updated corporate presentation after market close on Wednesday, March 1, 2023. SilverBow will host a conference call to discuss its results on Thursday, March 2, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
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1-888-415-4465 (U.S.) 1-646-960-0140 (International) Request SilverBow Resources’ Fourth Quarter and Year End 2022 Conference Call Conference ID: 5410161 |
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A replay will be available approximately two hours after the call through Thursday, March 30, 2023 at 10:59 p.m. Central Time (11:59 p.m. Eastern Time). The replay may be accessed by dialing 1-800-770-2030 or 1-647-362-9199, and referencing the Conference ID: 5410161. |
ABOUT SILVERBOW RESOURCES, INC.
SilverBow Resources, Inc. (NYSE: SBOW) is a Houston-based energy company actively engaged in the exploration, development, and production of oil and gas in the Eagle Ford Shale and Austin Chalk in South Texas. With over 30 years of history operating in South Texas, the Company possesses a significant understanding of regional reservoirs which it leverages to assemble high quality drilling inventory while continuously enhancing its operations to maximize returns on capital invested. For more information, please visit www.sbow.com. Information on the Company’s website is not part of this release.
Jeff Magids
Director of Finance & Investor Relations
(281) 874-2700, (888) 991-SBOW
SAN DIEGO--(BUSINESS WIRE)--EDF Renewables North America today announced the execution of a 20-year virtual power purchase agreement (VPPA) with Thermo Fisher Scientific, the world leader in serving science. The VPPA covers the full output of the 200-megawatt ac/256 MWdc Millers Branch Solar Project, which is located in Texas and slated for commercial operation in December 2025. With the addition of Miller’s Branch to Thermo Fisher’s renewable energy procurement portfolio, the Company has purchased enough renewable energy to match 100% of its current annual electricity consumption in the U.S. by 2026.
“The purchase of low carbon electricity from Millers Branch Solar supports Thermo Fisher’s progress toward its net-zero commitment. The project will also contribute to the local economy - the construction phase will provide job creation, local spending with vendors, and an expanded tax base,” said Valerie Barros, Senior Director of Origination and Power Marketing at EDF Renewables. “We applaud Thermo Fisher for taking bold action to power its U.S. sites with 100% renewable electricity and are honored to partner with them on these long-term purchase agreements.”
Once complete, the project is expected to generate 545,000 MWh of renewable energy annually, enough to meet the consumption of nearly 51,000 average homes1. This is equivalent to avoiding over 386,000 metric tons of carbon (CO₂) emissions annually which represents the greenhouse gas emissions from over 83,000 gasoline-powered passenger vehicles driven over the course of one year2.
EDF Renewables, one of the largest renewable developers in North America, is committed to providing solutions to meet our customer’s carbon-reduction goals. With 35 years of experience and 24 gigawatts of wind, solar, and storage projects developed, EDF Renewables provides integrated energy solutions from grid-scale power to electric vehicle charging.
1 According to U.S. Energy Information Administration (EIA) 2020 Residential Electricity Sales and U.S. Census Data and typical transmission assumptions.
2 According to U.S. EPA Greenhouse Gas Equivalencies calculations and typical transmission assumptions.
EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distribution-scale power: solar and storage; asset optimization: technical, operational, and commercial expertise to maximize performance of generating projects, and onsite solutions, through the Company’s PowerFlex subsidiary, offering a full suite of onsite energy solutions for commercial and industrial customers: solar, storage, EV charging, energy management systems, and microgrids. EDF Renewables’ North American portfolio consists of 16 GW of developed projects and 13 GW under service contracts. EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com. Connect with us on LinkedIn, Facebook and Twitter.
Sandi Briner, +1 858-521-3525
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Acquisition of At-Home Charging Capabilities Follows a Successful Partnership
ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments and spend management company, today announced the acquisition of Mina, a cloud-based electric vehicle (EV) charging software platform. The acquisition provides FLEETCOR with the market-leading home-charging software solution for commercial fleets in the UK and follows a successful partnership between the companies.
The acquisition gives FLEETCOR the UK’s only EV re-charging solution that captures, calculates and pays for at-home business-use charging directly with the energy provider. Mina’s solution helps commercial fleets manage the transition to EV by dramatically simplifying and automating the reimbursement process involved in at-home charging.
“It’s a fascinating company that’s built software integrations into virtually all the UK EV charging hardware suppliers and electric utility providers. That makes at-home EV charging and reimbursement incredibly simple for employees and employers,” said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc.
“We now have a market-leading 3-in-1 EV charging solution for commercial fleets that combines at-home, on-the-road, along with internal combustion engine refueling into one integrated client offering,” said Tom Rowlands, global managing director of EV solutions for FLEETCOR.
About FLEETCOR®
FLEETCOR Technologies (NYSE: FLT) is a leading global business payments and spend management company that helps businesses spend less by providing innovative solutions that control expense-related purchasing and payment processes. The FLEETCOR portfolio of brands automate, secure, digitize and manage payment transactions on behalf of businesses across more than 100 countries in North America, Latin America, Europe, and Asia Pacific. For more information, please visit www.FLEETCOR.com.
About Mina
Mina is an award-winning Electric Vehicle (EV) charging payment startup with a mission to make EV charging radically simple. Mina has the UK’s only charging solution which allows fleet vehicles to be charged at home, crediting payment for the drivers’ energy used directly to their energy supplier. This makes paying for EV charging accurate and easy for employers and employees. For more information, please visit www.mina.co.uk.
Investor Relations
Jim Eglseder, 770-417-4697
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Media Relations
Chad Corley, 770-729-5021
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