Bloom

EQS-News: DOUGLAS Group plans Initial Public Offering (IPO) on Frankfurt Stock Exchange

Retrieved on: 
Wednesday, March 13, 2024

DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

Key Points: 
  • DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange
    IPO would accelerate the debt reduction and decrease the interest expenses of the company, thus enlarging the financial flexibility of the DOUGLAS Group and its further value creation
    Sander van der Laan, CEO DOUGLAS Group: “The DOUGLAS Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.
  • The offering would comprise a public offering to individual and institutional investors in Germany as well as international private placements.
  • Following the completion of the IPO, CVC Capital Partners will continue to hold an indirect majority interest in DOUGLAS Group.
  • In the mid-term, the DOUGLAS Group has the ambition to grow group sales (net) at a CAGR of around 7%.

Bloom Energy Inc. Signs Agreements with Shell to Investigate Opportunities for Innovative Large-Scale, Renewable Hydrogen Energy Projects

Retrieved on: 
Wednesday, March 6, 2024

(Shell) to study decarbonization solutions, utilizing Bloom’s proprietary hydrogen electrolyzer technology.

Key Points: 
  • (Shell) to study decarbonization solutions, utilizing Bloom’s proprietary hydrogen electrolyzer technology.
  • Bloom and Shell will collaborate with the goal of developing replicable, large-scale, solid oxide electrolyzer (SOEC) systems that would produce hydrogen for potential use at Shell assets.
  • “This technology could represent a potentially transformative moment for opportunities to decarbonize several hard to abate industry sectors,” said KR Sridhar, founder, chairman, and CEO of Bloom Energy.
  • Clean or “green” hydrogen is produced from water electrolysis, using renewable energy, essentially eliminating greenhouse gas emissions.

BSJI Sues Fed for $150 Million in Damages

Retrieved on: 
Thursday, February 29, 2024

SAN JUAN, Puerto Rico, Feb. 29, 2024 /PRNewswire/ -- Banco San Juan Internacional (BSJI), an international bank entity (IBE) formed under Puerto Rican law, today filed an amended lawsuit seeking more than $150 million in damages from the New York Federal Reserve Bank and the Board of Governors of the Federal Reserve System (the Fed). The lawsuit stems from the Fed's termination of BSJI's master account, ignoring Federal law, judicial precedent, and the Fed's own decades-long policy.

Key Points: 
  • "With no accountability, transparency or oversight, the Fed upended a century of public policy underpinning our financial system," said Eric Bloom, BSJI's General Counsel.
  • This is based on critical US policy considerations that are not up to the Fed to ignore."
  • In pursuit of this secret policy, the Fed invoked frivolous, pretextual reasons to close BSJI's master account, causing it enormous harm for which it is seeking damages.
  • Together, these requirements ensure that depository institutions meet minimum safeguards, while giving the Fed ultimate control over US monetary policy.

Little Debbie Introduces a Symphony of Springtime Delights

Retrieved on: 
Tuesday, February 20, 2024

Little Debbie introduces two additions to its Spring lineup, joining an impressive array of seasonal favorites.

Key Points: 
  • Little Debbie introduces two additions to its Spring lineup, joining an impressive array of seasonal favorites.
  • Little Debbie® Spring Mini Donuts: Embrace spring with our enchanting Spring Mini Donuts.
  • Little Debbie® Spring Mini Muffins – Lemon: Experience the perfect harmony of tangy and sweet with our Spring Mini Muffins in a refreshing lemon flavor.
  • Little Debbie continues to delight consumers with a range of treats that embody the joy and flavors of the season.

Amendment of Tender Offer Registration Statement for Benesse Holdings, Inc. (Securities Code: 9783) by Bloom 1 K.K.

Retrieved on: 
Friday, February 16, 2024

We hereby announce that Bloom 1 K.K.

Key Points: 

Bloom Energy Reports Fourth Quarter and Full Year 2023 Financial Results with Record Full Year Revenues

Retrieved on: 
Thursday, February 15, 2024

Bloom Energy Corporation (NYSE: BE) reported today its financial results for the fourth quarter and the full year ended December 31, 2023.

Key Points: 
  • Bloom Energy Corporation (NYSE: BE) reported today its financial results for the fourth quarter and the full year ended December 31, 2023.
  • Revenue of $356.9 million in the fourth quarter of 2023, a decrease of 22.8% compared to $462.6 million in the fourth quarter of 2022.
  • Product and service revenue of $314.4 million in the fourth quarter of 2023, a decrease of 21.4% compared to $400.2 million in the fourth quarter of 2022.
  • Gross margin of 25.9% in the fourth quarter of 2023, an increase of 10.5 percentage points compared to 15.4% in the fourth quarter of 2022.

Bloom Energy Introduces Load Following Capability to Enable Customers and Utilities to Meet Variable Electricity Load and Demand

Retrieved on: 
Monday, February 12, 2024

Intermittent electricity sources are struggling to meet this demand, leaving substantial shortages in power.

Key Points: 
  • Intermittent electricity sources are struggling to meet this demand, leaving substantial shortages in power.
  • To address this growing problem, Bloom Energy (NYSE:BE), a world leader in fuel cell electricity production, today announced a new flexible load following solution for its Energy Server® platform.
  • The new “Be Flexible” offering can operate on either side of the meter, providing both utilities and end customers with an on-demand solution.
  • With this new load following capability Bloom has now extended its value to new applications where the ability to ramp power output up or down quickly is required to address a customer’s variable load and demand throughout the day.

Cerebras Systems and Barcelona Supercomputing Center Train Industry-Leading Multilingual Spanish Catalan English LLM

Retrieved on: 
Wednesday, January 31, 2024

Cerebras Systems, the pioneer in accelerating generative AI, today announced that the Barcelona Supercomputing Center (BSC) has completed training FLOR-6.3B, the state-of-the-art English Spanish Calatan large language model.

Key Points: 
  • Cerebras Systems, the pioneer in accelerating generative AI, today announced that the Barcelona Supercomputing Center (BSC) has completed training FLOR-6.3B, the state-of-the-art English Spanish Calatan large language model.
  • FLOR-6.3B continues Cerebras’ leading work on multilingual models, a trend that started with the introduction of Jais , the leading Arabic English model.
  • As Catalan has a fraction of the data that is typically needed to train a model, innovative AI training techniques were created.
  • Catalan and Spanish are low and mid-resourced languages relative to English.

Notice Regarding Commencement of Tender Offer for Benesse Holdings, Inc. (Securities Code: 9783) by Bloom 1 K.K.

Retrieved on: 
Monday, January 29, 2024

We hereby announce today that the attached press release issued by Bloom 1 K.K.

Key Points: 
  • We hereby announce today that the attached press release issued by Bloom 1 K.K.
  • titled “Notice Regarding Commencement of Tender Offer for Benesse Holdings, Inc. (Securities Code: 9783)” has been released.
  • (the Offeror) to Benesse Holdings, Inc. (the Target Company of the Tender Offer).
  • Notice Regarding Commencement of Tender Offer for Benesse Holdings, Inc. (Securities Code: 9783) dated January 29, 2024
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240126441982/en/

WATT Fuel Cell Appoints Danielle Ramaley as VP, Sales and Marketing to Lead Commercial Operations and Growth Strategy

Retrieved on: 
Tuesday, January 16, 2024

MOUNT PLEASANT, Pa., Jan. 16, 2024 /PRNewswire/ -- WATT Fuel Cell Corp ("WATT") is pleased to announce the appointment of Danielle Ramaley as vice president, sales and marketing.

Key Points: 
  • MOUNT PLEASANT, Pa., Jan. 16, 2024 /PRNewswire/ -- WATT Fuel Cell Corp ("WATT") is pleased to announce the appointment of Danielle Ramaley as vice president, sales and marketing.
  • In her new role, Ramaley will lead commercial operations and marketing for the organization as it grows its Solid Oxide Fuel Cell (SOFC) systems launch.
  • Ramaley joins WATT with more than 15 years of experience in the energy market with prior roles in business development, marketing, sales, and product management.
  • Most recently, she served in senior director roles at Bloom Energy leading growth marketing, strategy, and utility business development.