Palmetto

New South Carolina law could help electric customers save millions of dollars spent to restore power after unprecedented storm damage

Retrieved on: 
Wednesday, June 29, 2022
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Henry McMaster, could save South Carolina electric customers millions of dollars in costs to restore service after recent historic as well as future weather events.

Key Points: 
  • Henry McMaster, could save South Carolina electric customers millions of dollars in costs to restore service after recent historic as well as future weather events.
  • In recent years, South Carolina households and businesses have endured a number of record-breaking storms, floods and associated severe weather-related outages.
  • Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity.
  • Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Cambria Hotels Celebrates The Opening Of Its 60th Hotel In South Carolina Capital City

Retrieved on: 
Thursday, June 2, 2022
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ROCKVILLE, Md., June 2, 2022 /PRNewswire/ -- Cambria Hotels, an upscale brand franchised by Choice Hotels International, Inc. (NYSE: CHH), celebrated the milestone opening of the brand's 60th hotel – and seventh location in South Carolina alone – with the debut of the Cambria Hotel Columbia Downtown the Vista. The new four-story, 144-room hotel in the Palmetto State capital joins Cambria properties in Charleston, Fort Mill, Greenville, Mount Pleasant, Rock Hill and Summerville. The brand will continue to expand in popular business and leisure-oriented markets this year with additional openings expected in Orlando, Florida; Portland, Maine; Minneapolis, Minnesota; and New Haven, Connecticut.

Key Points: 
  • ROCKVILLE, Md., June 2, 2022 /PRNewswire/ -- Cambria Hotels , an upscale brand franchised by Choice Hotels International, Inc. (NYSE: CHH), celebrated the milestone opening of the brand's 60th hotel and seventh location in South Carolina alone with the debut of the Cambria Hotel Columbia Downtown the Vista .
  • The new four-story, 144-room hotel in the Palmetto State capital joins Cambria properties in Charleston, Fort Mill, Greenville, Mount Pleasant, Rock Hill and Summerville.
  • "Among travelers, the Cambria brand is a true guest favorite for delivering unmatched upscale service and sophisticated accommodations in top markets nationwide.
  • A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 1 Choice Hotels Circle, Suite 400,Rockville, MD20850, [email protected] .

Sundial Growers to Announce First Quarter 2022 Financial Results on May 16, 2022

Retrieved on: 
Friday, May 13, 2022
Company, Nasdaq, Multimedia, Cannabis, Wine, Private sector, Sundial, Drug, Investment, Palmetto

To access the replay dial:

Key Points: 
  • To access the replay dial:
    The webcast archive will be available for three months via the link provided above.
  • Sundial is a public company whose shares are traded on Nasdaq under the symbol "SNDL."
  • Its business is reported and analyzed under four segments: Cannabis Production and Cultivation, Cannabis Retail, Liquor Retail, and Investments.
  • As a licensed producer that crafts small-batch cannabis using state-of-the-art indoor facilities, Sundial's 'craft-at-scale' modular growing approach, award-winning genetics, and experienced growers set us apart.

Palmetto Joins Forces with Protect Our Winters to Advance Climate Advocacy Efforts

Retrieved on: 
Tuesday, May 10, 2022
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As part of POW's advocacy efforts, they will also continue to push for sustainable energy solutions including increasing the use of clean energy platforms like the one Palmetto is pioneering.

Key Points: 
  • As part of POW's advocacy efforts, they will also continue to push for sustainable energy solutions including increasing the use of clean energy platforms like the one Palmetto is pioneering.
  • "Supporting outdoor recreation and protecting our national parks are both passions of mine," said Chris Kemper, Palmetto Chairman, Founder, and CEO.
  • Their efforts combined with our commitment to developing climate change solutions will enable everyone to access clean energy as a right, not a privilege."
  • Protect Our Winters is a 501(c)(3) nonprofit that helps passionate outdoor people protect the places and lifestyles they love from climate change.

Clean Energy Technology Platform, Palmetto, Receives Investment From Maverick Carter, Governor Arnold Schwarzenegger, LeBron James, Bono, And More Via Main Street Advisors

Retrieved on: 
Wednesday, April 20, 2022
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NEW YORK, April 20, 2022 /PRNewswire/ -- Palmetto, a clean energy platform leveraging proprietary technology designed to drive the adoption of renewable energy like solar power, today announced that Main Street Advisors, whose clients include Maverick Carter, LeBron James, Governor Arnold Schwarzenegger, Billie Eilish, Finneas O'Connell, Jimmy Iovine, Drake, and Bono have invested in the company to help accelerate the adoption of residential solar and clean energy independence across the United States. The announcement of Main Street Advisors' investment follows news of Palmetto's $375M Series C funding round, which was completed in 2021.

Key Points: 
  • The announcement of Main Street Advisors' investment follows news of Palmetto's $375M Series C funding round , which was completed in 2021.
  • "Clean energy should be accessible for everyone, not just households with expendable income," said Maverick Carter.
  • "Palmetto's work to provide more affordable clean energy can have an immediate positive impact on the environment as well as families and communities across the country.
  • The investment from Main Street Advisors and other investors will help enable Palmetto to close the gap between the potential of residential solar and the current reality.

Corporate Funding in Solar Sector Up 51% Quarter-over-Quarter with $7.5 Billion in Q1 2022, Reports Mercom Capital Group

Retrieved on: 
Thursday, April 14, 2022
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Total corporate fundingincluding venture capital (VC) funding, public market, and debt financingin the solar sector in Q1 2022 came to $7.5 billion in 49 deals, 51% higher compared to $5 billion in 32 deals in Q4 2021.

Key Points: 
  • Total corporate fundingincluding venture capital (VC) funding, public market, and debt financingin the solar sector in Q1 2022 came to $7.5 billion in 49 deals, 51% higher compared to $5 billion in 32 deals in Q4 2021.
  • Global VC funding in the solar sector in Q1 2022 came to $1.2 billion in 26 deals.
  • Of the $1.2 billion in VC funding raised in 26 deals during Q1 2022, 94% went to solar downstream companies, with $1.15 billion in 20 deals.
  • Public market financing in the solar sector dropped 115%, with $2.5 billion in Q1 2022 compared to $1.2 billion in Q4 2021.

AM Best Assigns Credit Ratings to Palmetto Surety Corporation

Retrieved on: 
Wednesday, April 13, 2022
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AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of bb+ (Fair) to Palmetto Surety Corporation (Palmetto) (Mount Pleasant, SC).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of bb+ (Fair) to Palmetto Surety Corporation (Palmetto) (Mount Pleasant, SC).
  • Palmetto is a mono-line surety writer primarily engaged in providing bail surety through its agents.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Palmetto Enters New York State's Residential Solar Market And Expands into the Electric Vehicle Charging Market

Retrieved on: 
Thursday, April 7, 2022
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NEW YORK , April 7, 2022 /PRNewswire/ -- Palmetto, a clean energy platform leveraging proprietary technology designed to drive the adoption of renewable energy like solar power, today announced they have entered the New York State residential energy market. Palmetto's software reduces soft costs and drives demand by offering lower prices and better service to consumers.

Key Points: 
  • Currently ranked 11th, the New York market typically ranks among the top ten U.S. solar markets, according to the Solar Energy Industries Association .
  • In New York State, $7.7 billion has been invested in solar ( as of quarter 4, 2021 ) and to date, over 150,000 residential solar installations have been completed.
  • To accelerate its market penetration in the New York market, Palmetto joined up with New York-based operator PlugPV, now a Palmetto subsidiary.
  • The company will now be able to offer industry leading pricing on residential solar in New York State by leveraging Palmetto's existing clean energy platform as well as providing the option for electric vehicle charger installation.

Veteran Healthcare Executive and Reimbursement Expert Joins InterVenn Biosciences’ Board of Advisors

Retrieved on: 
Thursday, March 24, 2022
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InterVenn Biosciences, a clinical technology company leveraging AI-powered glycoproteomics to transform the future of healthcare, today announced that James Almas, MD, has joined the companys Board of Advisors.

Key Points: 
  • InterVenn Biosciences, a clinical technology company leveraging AI-powered glycoproteomics to transform the future of healthcare, today announced that James Almas, MD, has joined the companys Board of Advisors.
  • Dr. Almas oversaw coverage and reimbursement through the program for 28 states for Medicare.
  • Were very pleased to have Dr. Almas join our prestigious Board of Advisors, as we gear up for the next phase of our commercialization efforts.
  • InterVenn Biosciences is a clinical technology company leveraging AI-powered software to unlock the value of glycoproteomics to develop transformational healthcare solutions.

Palmetto Enters Utah Residential Solar Market

Retrieved on: 
Wednesday, March 23, 2022
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CHARLESTON, S.C., March 23, 2022 /PRNewswire/ -- (March 23, 2022) — Palmetto, a clean energy platform leveraging proprietary technology designed to drive the adoption of renewable energy like solar power, today announced their expansion into Utah's residential solar market. Palmetto offers low prices and exceptional customer service by deploying their clean energy platform to coordinate the delivery of cost saving products. 

Key Points: 
  • CHARLESTON, S.C., March 23, 2022 /PRNewswire/ -- (March 23, 2022) Palmetto , a clean energy platform leveraging proprietary technology designed to drive the adoption of renewable energy like solar power , today announced their expansion into Utah's residential solar market.
  • Ninety-five percent of residential rooftops across Utah can be assessed for solar panel installation through Palmetto's innovative clean energy platform.
  • "This is an exciting step for Palmetto as we accelerate our growth across the United States," said Chris Kemper, Palmetto Chairman, Founder, and CEO.
  • "Residential solar installations in Utah have increased by 20% since 2021, making expansion into Utah a key part of our mission to ensure that choosing clean energy sources is a right, not a privilege.