Electricity

JERA Americas Acquires El Sauz Wind Project in Texas from Apex Clean Energy

Thursday, December 2, 2021 - 12:17am

JERA Americas, the Houston-based subsidiary of global energy leader JERA Co. (JERA), has acquired a 100% interest in the El Sauz Wind Power Project from Apex Clean Energy, the original developer.

Key Points: 
  • JERA Americas, the Houston-based subsidiary of global energy leader JERA Co. (JERA), has acquired a 100% interest in the El Sauz Wind Power Project from Apex Clean Energy, the original developer.
  • El Sauz Wind represents a significant milestonenot only for JERA Americas, as its first US renewable energy investment, but also for the community, which will benefit from the significant local investment associated with construction of the project, said Mark Goodwin, President and CEO of Apex Clean Energy.
  • El Sauz Wind will also generate new jobs and a significant source of revenue for Willacy County for decades to come.
  • Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy.

ComEd Targets Reliability and Clean Energy Transition for 2022

Wednesday, December 1, 2021 - 11:14pm

The Illinois Commerce Commission (ICC), which regulates the states public utilities, today approved ComEd investments that enhance reliability and enable the transition to clean and renewable energy.

Key Points: 
  • The Illinois Commerce Commission (ICC), which regulates the states public utilities, today approved ComEd investments that enhance reliability and enable the transition to clean and renewable energy.
  • ComEd is providing families and businesses industry-leading performance and smart investments will be key to meeting new customer expectations, said Gil Quiniones, CEO of ComEd .
  • Our continuous improvement in performance and our smart investments means we can meet the needs of our customers while helping the state achieve its clean energy goals.
  • In January, ComEd residential customer bills will include an additional 29 cents per month on average for energy efficiency programs.

Worthington Industries Acquires Tempel Steel Company

Wednesday, December 1, 2021 - 9:45pm

COLUMBUS, Ohio, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. [NYSE: WOR] today announced that its Steel Processing segment has completed its acquisition of Tempel Steel Company, a leading global manufacturer of precision motor and transformer laminations for the electrical steel market that includes transformers, machine motors and electric vehicle (EV) motors.

Key Points: 
  • COLUMBUS, Ohio, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. [NYSE: WOR] today announced that its Steel Processing segment has completed its acquisition of Tempel Steel Company, a leading global manufacturer of precision motor and transformer laminations for the electrical steel market that includes transformers, machine motors and electric vehicle (EV) motors.
  • Tempel has a rich history and dedicated workforce and were excited to officially welcome them to Worthington.
  • For over six decades, the Company has been delivering innovative solutions to customers spanning industries such as automotive, energy, retail and construction.
  • Worthington is North Americas premier value-added steel processor and producer of laser welded solutions and electrical steel laminations that provide lightweighting, safety critical and emission reducing components to the mobility market.

Just Energy Announces Closing of the Acquisition of its Shares of ecobee Inc.

Wednesday, December 1, 2021 - 10:00pm

On closing, the Company received approximately CAD $15 million in cash and 80,281 common shares of Generac (NYSE: GNRC).

Key Points: 
  • On closing, the Company received approximately CAD $15 million in cash and 80,281 common shares of Generac (NYSE: GNRC).
  • For further information regarding the acquisition of ecobee by Generac, please see Generacs press release at http://investors.generac.com/news-releases .
  • About Just Energy Group Inc.
    Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions, carbon offsets and renewable energy options to customers.
  • Just Energy is the parent company of Amigo Energy, Filter Group, Hudson Energy, Interactive Energy Group, Tara Energy, and terrapass.

Shell completes sale of its Permian business to ConocoPhillips

Wednesday, December 1, 2021 - 9:18pm

HOUSTON (December 1, 2021) Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in the Permian to ConocoPhillips for $9.5 billion in cash.

Key Points: 
  • HOUSTON (December 1, 2021) Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in the Permian to ConocoPhillips for $9.5 billion in cash.
  • On September 20, 2021, Shell and ConocoPhillips announced that they had reached an agreement for ConocoPhillips to acquire Shells Permian business.
  • In this announcement Shell, Shell Group and Group are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general.
  • Subsidiaries, Shell subsidiaries and Shell companies as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control.

STAG Industrial Announces Completion Of Largest Rooftop Community Solar Project In The Country

Wednesday, December 1, 2021 - 9:06pm

BOSTON, Dec. 1, 2021 /PRNewswire/ --STAG Industrial, Inc. (NYSE: STAG) today announced the completion of the nation's largest rooftop community solar project hosted on its facility in Hampstead, MD.

Key Points: 
  • BOSTON, Dec. 1, 2021 /PRNewswire/ --STAG Industrial, Inc. (NYSE: STAG) today announced the completion of the nation's largest rooftop community solar project hosted on its facility in Hampstead, MD.
  • It's encouraging to know the local grid is greener thanks in part to the renewable energy generated by the solar system on our roof."
  • "This is a marquee project for Summit Ridge and the entire community solar industry," said Summit Ridge CEO Steve Raeder.
  • STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership and operation of single-tenant, industrial properties throughout the United States.

Egypt Data Center Market Size by Investment to Reach USD 379 Million by 2026 - Arizton

Wednesday, December 1, 2021 - 8:00pm

CHICAGO, Dec. 1, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Egypt data center market report.

Key Points: 
  • CHICAGO, Dec. 1, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Egypt data center market report.
  • Egypt data center market size is expected to grow at a CAGR of over 18.20% during the period 20202026.
  • Egypt data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues.
  • GPX Global Systems, EGID, Etisalat Misr, Telecom Egypt, Raya Data Center, and ECC Solutions are among the major colocation providers in Egypt.

Egypt Data Center Market Size by Investment to Reach USD 379 Million by 2026 - Arizton

Wednesday, December 1, 2021 - 8:00pm

CHICAGO, Dec. 1, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Egypt data center market report.

Key Points: 
  • CHICAGO, Dec. 1, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Egypt data center market report.
  • Egypt data center market size is expected to grow at a CAGR of over 18.20% during the period 20202026.
  • Egypt data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues.
  • GPX Global Systems, EGID, Etisalat Misr, Telecom Egypt, Raya Data Center, and ECC Solutions are among the major colocation providers in Egypt.

Taiwan Data Center Market Size by Investment to Reach USD 4.47 Billion by 2026 - Arizton

Wednesday, December 1, 2021 - 7:00pm

CHICAGO, Dec. 1, 2021 /PRNewswire/ -- Taiwan data center market size is expected to grow at a CAGR of over 23.60% during the period 20202026.

Key Points: 
  • CHICAGO, Dec. 1, 2021 /PRNewswire/ -- Taiwan data center market size is expected to grow at a CAGR of over 23.60% during the period 20202026.
  • Taiwan data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues.
  • Get insights on 11 existing data centers and 1 upcoming facilities spread across 4 cities including Taipei and other cities.
  • Within Taiwan, Taipei is the major data center hub, with 11 third-party data centers contributing to over 85% of the existing power capacity in the country.

Taiwan Data Center Market Size by Investment to Reach USD 4.47 Billion by 2026 - Arizton

Wednesday, December 1, 2021 - 7:00pm

CHICAGO, Dec. 1, 2021 /PRNewswire/ -- Taiwan data center market size is expected to grow at a CAGR of over 23.60% during the period 2020−2026. Taiwan data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues. Get insights on 11 existing data centers and 1 upcoming facilities spread across 4 cities including Taipei and other cities.

Key Points: 
  • In-depth analysis and data-driven insights on the impact of COVID-19 included in this Taiwan data center market report.
  • CHICAGO, Dec. 1, 2021 /PRNewswire/ -- Taiwan data center market size is expected to grow at a CAGR of over 23.60% during the period 20202026.
  • Taiwan data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues.
  • Within Taiwan, Taipei is the major data center hub, with 11 third-party data centers contributing to over 85% of the existing power capacity in the country.