IOU

Open International to Showcase Utility Billing System that Simplifies Utility Operations at CS Week

Retrieved on: 
Wednesday, March 27, 2024
Consultant, Synthetic media, Conference, IOU, Complexity, Artificial intelligence, Business development, MDM, CSS, CS, Public utility, MWM, Booth, Workforce, Data management, CIS, Generative, Corredor

At CS Week, Open International will host a series of activities aimed at immersing attendees in cutting-edge innovations shaping the US utilities sector.

Key Points: 
  • At CS Week, Open International will host a series of activities aimed at immersing attendees in cutting-edge innovations shaping the US utilities sector.
  • Corredor will provide real-world examples of how Utilities can address current challenges faced by public utility companies, ensuring stable and efficient operations.
  • "We're thrilled to be part of CS Week 2024, excited to showcase how Open International's innovative solutions can streamline operations and simplify business complexities.
  • Discover the future of utility operations with Open International at booth #209.

Bitech Technologies Appoints Sid Sung as Its New Chief Innovation Officer to Lead the Digital Revolution in the Renewable Energy Industry

Retrieved on: 
Thursday, February 22, 2024
Digital transformation, Motorola, National Taiwan University, Growth, Priority seat, Industrial internet of things, University, Telecommunications, OTCQB, FPL, Machine to machine, Delmarva Power, Alcatel-Lucent, Comcast, WarnerMedia, Atmospheric science, Connected, CPE, Spectrum, European, IOU, Product management, City, Knowledge, Accton Technology Corporation, People Power, PEPCO, Internet of things, BGE, ISDN, Renewable energy

Newport Beach, CA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [ OTCQB: BTTC ], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is delighted to welcome Sid Sung as its new Chief Innovation Officer.

Key Points: 
  • Newport Beach, CA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [ OTCQB: BTTC ], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is delighted to welcome Sid Sung as its new Chief Innovation Officer.
  • In this role, he will be leading Bitech’s efforts to engineer scalable revenue opportunities towards the green energy transition.
  • Sid joined Bitech Technologies to lead our Technology Solutions division with a wealth of knowledge and initiatives in digital energy evolution strategies.
  • Sung, the new Chief Innovation Officer of Bitech Technologies.

BEYOND TINSEL AND TURKEYS

Retrieved on: 
Friday, December 22, 2023
Music, Family, IOU, New Year's Day, Research, Holiday, Watchfinder, Heart, Rolex, Social media, Film industry

NEW YORK, Dec. 22, 2023 /PRNewswire/ -- Over the holiday period, Americans spend a massive 6 hours and 41 minutes discussing what film or TV to watch, 10 hrs and 31 mins washing dishes and 5 hrs and 32 mins arguing with their family members.

Key Points: 
  • What's more, during the same period Americans watch an average of 6.36 festive films, eat 8.86 festive treats and send 5.71 holiday cards.
  • "The waitlists for coveted timepieces make them nearly impossible for the average consumer to purchase in time for the holidays.
  • Watchfinder & Co.: Founded in 2002 Watchfinder & Co. is the premier resource from which to buy, sell and part-exchange pre-owned luxury watches.
  • For more information, visit www.watchfinder.co.uk or take a look at Watchfinder's YouTube channel https://www.youtube.com/c/watchfinder – the largest watch-focused channel on the platform.

Clean Power Alliance Ranked the Number One Green Power Provider in the United States by National Renewable Energy Laboratory

Retrieved on: 
Thursday, December 14, 2023
Sale, National Renewable Energy Laboratory, Acquisition, Climate change, Organization, Green Power, IOU, Paramount, Student, POU, CPA Canada, Power sharing, Wind, Community benefits agreement, City, Health, CCA, CPA, EV, NREL, Kilowatt-hour, S&P Global Ratings, ICR, Renewable energy, Retail

LOS ANGELES, Calif., Dec. 14, 2023 /PRNewswire-PRWeb/ -- Clean Power Alliance (CPA) has capped its fifth anniversary year of serving Southern California customers with a prestigious number one national ranking by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) in the sale of green power.

Key Points: 
  • The NREL 2022 Utility Green Power Rankings, announced in fall 2023, is an annual list of top green power providers throughout the United States.
  • "Clean Power Alliance is being recognized as the nation's leading green power provider amongst all utilities.
  • The NREL report also cited CPA, the largest CCA in California, with serving the largest number of green power customers in the United States with 881,572 customers.
  • Additionally, 88% of CPA customers received more renewable energy than mandated by California's Renewable Portfolio Standard requirements in 2022.

DecarbHealthcare.com Unveils the Decarb Guidebook: A Comprehensive Resource for Decarbonizing Hospitals

Retrieved on: 
Wednesday, November 29, 2023
World Health Organization, Carbon, California Energy Commission, Climate change, SAN, Air conditioning, Greenhouse gas, Guide book, WHO, Climate, ASHRAE, International Hospital Federation, Health, Healthcare engineering, Climate change mitigation, Hospital, Society, GHG, IOU, Optimism, Renewable energy, Management, Refrigeration, Ventilation, Heat, HVAC

The Decarb Guidebook, stemming from the collaboration of engineers, designers, and industry leaders, emphasizes optimism and action.

Key Points: 
  • The Decarb Guidebook, stemming from the collaboration of engineers, designers, and industry leaders, emphasizes optimism and action.
  • This interactive platform is intended to aid hospitals in the planning and design of retrofit projects to substantially reduce operating costs and meet organizational and/or state decarbonization goals.
  • Additionally, the Decarb Strategy Tool guides users, based on a specific facility and conditions, with a list of recommended technologies and implementation best practices.
  • By pooling resources, expertise, and passion, the Decarb Guidebook endeavors to be a "living" beacon for those in the healthcare sector looking for actionable solutions.

With Backing from New Strategic Partner Honeywell Smart Energy, SparkMeter is Digitizing Grids to Advance the Energy Transition for Utilities in the US and Worldwide

Retrieved on: 
Wednesday, November 29, 2023
Utility, Internet of things, Honeywell, AMI, Smart meter, Partnership, Electricity, EV, IOU, Renewable energy

WASHINGTON, Nov. 29, 2023 /PRNewswire/ -- SparkMeter, a provider of grid management services, equipment, and software solutions that increase access to reliable electricity in underserved communities across Africa, Asia and the Americas, announced today a strategic $5 million investment and global partnership with Honeywell Smart Energy, one of the largest utility digital solution providers in the world. Under the partnership, Honeywell Smart Energy will provide its base of US utility customers with SparkMeter's integrated approach to cloud-based metering and operational analytics software and offer SparkMeter's metering hardware to large emerging market countries.

Key Points: 
  • Under the partnership, Honeywell Smart Energy will provide its base of US utility customers with SparkMeter's integrated approach to cloud-based metering and operational analytics software and offer SparkMeter's metering hardware to large emerging market countries.
  • The partnership is timely as utilities globally are no longer satisfied with the "base case" of smart metering deployments, which only deliver simple automated meter reading and billing integration.
  • After achieving success in emerging markets, SparkMeter has proven its capabilities to transcend the small microgrid market and up into the larger global utility market.
  • "Our goal is to enable greater grid resilience by partnering with leaders like Honeywell Smart Energy to bring our plug-and-play grid management technology to address the needs of utilities in all markets."

Commonwealth Edison win the National Reliability Award at PA Consulting's 23rd annual ReliabilityOne® Awards

Retrieved on: 
Thursday, November 2, 2023
Smart meter, Weather, Commonwealth Edison, Innovation, Life, Hatred, PA Consulting Group, CAIDI, Certification, Organization, Lidar, IPhone, Maintenance, IOU, Public utility, AMI, SAIDI, Machine learning, Forecasting, Climate change, Calendar, Renewable energy, Film industry, Arms industry, Electric power

Which is why PA Consulting's ReliabilityOne® program is committed to working with US utilities to improve power grid reliability.

Key Points: 
  • Which is why PA Consulting's ReliabilityOne® program is committed to working with US utilities to improve power grid reliability.
  • At last night's 23rd Annual ReliabilityOne® Awards ceremony, PA Consulting (PA), the company bringing ingenuity to life, awarded the National Reliability Award to Commonwealth Edison.
  • We are delighted to announce that Commonwealth Edison has been recognized as this year's most reliable US utility.
  • The list of all award recipients is as follows:
    This year's ReliabilityOne® National Reliability Award celebrates the culmination of a 15 year reliability improvement journey.

The City of Lancaster Celebrates ARCHES Designation as Regional Hydrogen Hub

Retrieved on: 
Monday, October 23, 2023
Hydrogen, Irvine, Kyōto Station, Development, Element, CCA, ARCHES, Carbon, California Energy Commission, Infrastructure Investment and Jobs Act, IOU, City, IIJA, United States Department of Energy, Dash, Energy Centre, PEM, Lancaster City F.C., University, DOE, Lancaster City Council elections, City of Lancaster, Dam, Renewable energy

LANCASTER, Calif., Oct. 23, 2023 /PRNewswire/ -- The City of Lancaster celebrates the Department of Energy's (DOE) announcement that California's Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) has been awarded up to $1.2 billion under the DOE's Regional Clean Hydrogen Hubs (H2Hubs) program. Lancaster is honored to have been the first city to join ARCHES.

Key Points: 
  • LANCASTER, Calif., Oct. 23, 2023 /PRNewswire/ -- The City of Lancaster celebrates the Department of Energy's (DOE) announcement that California's Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) has been awarded up to $1.2 billion under the DOE's Regional Clean Hydrogen Hubs (H2Hubs) program.
  • Lancaster is honored to have been the first city to join ARCHES.
  • As the pioneering city partner of ARCHES, Lancaster will allocate a segment of the grant to bolster the city's clean energy and carbon reduction goals.
  • As a Tier 1 member of ARCHES, we look forward to working with the ARCHES team and with the City of Lancaster to make the California Hydrogen Hub a reality."

Neuberger Berman, Palos Capital and FinTech Ventures Complete Acquisition of IOU Financial

Retrieved on: 
Friday, September 29, 2023
TSX Venture Exchange, Financial assistance (share purchase), Fintech, IOU, LLLP, Neuberger Berman, Security (finance), Cryptocurrency

MONTREAL, Sept. 29, 2023 /PRNewswire/ - IOU Financial Inc. (TSXV: IOU) ("IOU" or the "Company") today announced the completion of the transaction under which 9494-3677 Québec Inc. (the "Purchaser"), a corporation created by a group composed of (i) funds managed by Neuberger Berman ("Neuberger Berman"), (ii) funds managed by Palos Capital, including Palos IOU Inc. (together with Palos Capital, "Palos"), a newly-formed company consisting of certain affiliates of Palos Capital, certain former shareholders of the Company and directors and officers of the Company, and (iii) Fintech Ventures Fund, LLLP ("FinTech"), has acquired all of the issued and outstanding common shares of IOU (the "Shares"), other than certain Shares held by Neuberger Berman, Palos and FinTech, who received, in respect of such Shares, consideration consisting of common shares of the Purchaser, for a purchase price of $0.22 in cash per Share.

Key Points: 
  • MONTREAL, Sept. 29, 2023 /PRNewswire/ - IOU Financial Inc. (TSXV: IOU) ("IOU" or the "Company") today announced the completion of the transaction under which 9494-3677 Québec Inc. (the "Purchaser"), a corporation created by a group composed of (i) funds managed by Neuberger Berman ("Neuberger Berman"), (ii) funds managed by Palos Capital, including Palos IOU Inc. (together with Palos Capital, "Palos"), a newly-formed company consisting of certain affiliates of Palos Capital, certain former shareholders of the Company and directors and officers of the Company, and (iii) Fintech Ventures Fund, LLLP ("FinTech"), has acquired all of the issued and outstanding common shares of IOU (the "Shares"), other than certain Shares held by Neuberger Berman, Palos and FinTech, who received, in respect of such Shares, consideration consisting of common shares of the Purchaser, for a purchase price of $0.22 in cash per Share.
  • As a result of the completed transaction, the Shares are expected to be delisted from the TSX Venture Exchange (the "TSX-V") at the close of trading on October 6, 2023.
  • The Company will submit an application to cease to be a reporting issuer under applicable Canadian securities laws and to otherwise terminate the Company's public reporting requirements.

IOU Financial Inc. Obtains Final Order Approving Plan of Arrangement

Retrieved on: 
Friday, September 15, 2023
Model Business Corporation Act, Superior court, Fintech, Arrangement, IOU, LLLP, Neuberger Berman, Security (finance), Rare-earth element, Bank

MONTREAL, Sept. 15, 2023 /PRNewswire/ - IOU Financial Inc. (TSXV: IOU) ("IOU" or the "Company") today announced that it has obtained a final order from the Superior Court of Québec approving the previously-announced statutory plan of arrangement under the Business Corporations Act (Québec) (the "Arrangement") pursuant to which 9494-3677 Québec Inc., a corporation created by a group composed of (i) funds managed by Neuberger Berman ("Neuberger Berman"); (ii) funds managed by Palos Capital, including Palos IOU Inc. ("Palos IOU" and, together with Palos Capital, "Palos"), a newly-formed company consisting of certain affiliates of Palos Capital, certain former shareholders of the Company and directors and officers of the Company; and (iii) Fintech Ventures Fund, LLLP ("FinTech"), will acquire all of the issued and outstanding common shares of IOU (the "Shares") other than certain Shares to be re-invested by Neuberger Berman, Palos, FinTech and certain members of management of the Company, for a purchase price of $0.22 in cash per Share.

Key Points: 
  • MONTREAL, Sept. 15, 2023 /PRNewswire/ - IOU Financial Inc. (TSXV: IOU) ("IOU" or the "Company") today announced that it has obtained a final order from the Superior Court of Québec approving the previously-announced statutory plan of arrangement under the Business Corporations Act (Québec) (the "Arrangement") pursuant to which 9494-3677 Québec Inc., a corporation created by a group composed of (i) funds managed by Neuberger Berman ("Neuberger Berman"); (ii) funds managed by Palos Capital, including Palos IOU Inc. ("Palos IOU" and, together with Palos Capital, "Palos"), a newly-formed company consisting of certain affiliates of Palos Capital, certain former shareholders of the Company and directors and officers of the Company; and (iii) Fintech Ventures Fund, LLLP ("FinTech"), will acquire all of the issued and outstanding common shares of IOU (the "Shares") other than certain Shares to be re-invested by Neuberger Berman, Palos, FinTech and certain members of management of the Company, for a purchase price of $0.22 in cash per Share.
  • Closing of the Arrangement is expected to occur on or about September 22, 2023.