Energy transition

Asit Sen to Join ACP Capital Markets as Head of Energy Transition & Industrial Decarbonization

Retrieved on: 
Thursday, July 18, 2024

STAMFORD, Conn., July 18, 2024 /PRNewswire/ -- ACP Capital Markets is pleased to announce that Asit Sen has joined the firm as a Managing Director and Head of the Energy Transition & Industrial Decarbonization team.

Key Points: 
  • STAMFORD, Conn., July 18, 2024 /PRNewswire/ -- ACP Capital Markets is pleased to announce that Asit Sen has joined the firm as a Managing Director and Head of the Energy Transition & Industrial Decarbonization team.
  • In this role Mr. Sen will head a new strategy providing capital markets, strategic M&A and sustainable finance solutions to help global energy, power, industrials and other hard-to-abate sector clients in their transition journeys.
  • Mr. Sen joins from Bank of America where he served as a Managing Director, Head of Net Zero & Energy Transition Advisory within the Global Sustainable Finance Group.
  • Mark Bishop, Partner & Managing Director of ACP Capital Markets, stated, "We are excited to have Asit join our leadership team and a growing bench of seasoned bankers.

Presentation Times and Schedule for Participating Companies Now Posted on the Conference Website for 29th Annual EnerCom Denver - The Energy Investment Conference

Retrieved on: 
Wednesday, July 17, 2024

DENVER, July 17, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to publish presentation times and schedules for participating companies on the conference website for the 29th Annual EnerCom Denver – The Energy Investment Conference, to be held August 18-21, 2024, at the Westin Denver Downtown. The four-day conference provides investors unparalleled access and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to qualified investors, including buy-side principals, portfolio managers, CIOs, and securities analysts.

Key Points: 
  • DENVER, July 17, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to publish presentation times and schedules for participating companies on the conference website for the 29th Annual EnerCom Denver – The Energy Investment Conference , to be held August 18-21, 2024, at the Westin Denver Downtown.
  • The conference kicks off with the annual Charity Golf Tournament on Sunday, August 18th at the scenic Arrowhead Golf Club.
  • Institutional investors, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver – The Energy Investment Conference.
  • A complete list of companies participating in the conference and schedule of events can be found on the conference website EnerCom Denver – The Energy Investment Conference.

Hunting PLC (“Hunting” or “the Company” or “the Group”) H1 2024 Trading Update

Retrieved on: 
Tuesday, July 9, 2024

The monthly revenue run rate in H1 2024 is expected to be c.$82m, which compares to $79.6m in H1 2023 and $75.2m in H2 2023.

Key Points: 
  • The monthly revenue run rate in H1 2024 is expected to be c.$82m, which compares to $79.6m in H1 2023 and $75.2m in H2 2023.
  • EBITDA in H1 2024 is expected to be in the range of $59m-$61m, including the Group’s share of associates’ and joint ventures’ results.
  • With the inclusion of the impact of the KOC orders, management now anticipates 2024 full year EBITDA to be in the range of c.$134m-$138m.
  • In the second half of 2024, management projects that working capital will reduce, driving an EBITDA to Free Cash Flow conversion for 2024 of 50% or greater.

Leading Shipowners Presented at the 4th Annual Capital Link Decarbonization in Shipping Forum

Retrieved on: 
Monday, July 8, 2024

NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Leading shipowners presented at the “4th Annual Capital Link Decarbonization in Shipping Forum” digital conference held on Monday, July 1, 2024, sharing their insights on the challenges and opportunities arising by the industry wide drive to decarbonization in their respective shipping sector, the commercial investments and strategies and decision-making factors, and the steps necessary to reach a net – zero future.

Key Points: 
  • NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Leading shipowners presented at the “4th Annual Capital Link Decarbonization in Shipping Forum” digital conference held on Monday, July 1, 2024, sharing their insights on the challenges and opportunities arising by the industry wide drive to decarbonization in their respective shipping sector, the commercial investments and strategies and decision-making factors, and the steps necessary to reach a net – zero future.
  • The Forum featured top Shipowners, regulators, charterers, financiers and others, who addressed the most pertinent issues regarding transition to Decarbonization, such as alternative fuels, ships of the future, technology, and finally the cost.
  • In the evolving landscape of the maritime industry, prioritizing energy efficiency measures emerges as the cornerstone of sustainable decarbonization efforts.
  • GLOBAL LEAD SPONSOR: Tsakos Energy Navigation -TEN Ltd.
    SPONSORS: Vertis • Dorian LPG Ltd. • MPC Container Ships ASA • Seanergy Maritime Holdings Corp. • United Maritime Corporation

AESO Board Announcement: Leadership Transition and Departure of Michael Law

Retrieved on: 
Thursday, July 4, 2024

CALGARY, Alberta, July 04, 2024 (GLOBE NEWSWIRE) -- The Alberta Electric System Operator (AESO) Board announced today that Michael Law, President and Chief Executive Officer, will leave the organization, effective August 1, 2024.

Key Points: 
  • CALGARY, Alberta, July 04, 2024 (GLOBE NEWSWIRE) -- The Alberta Electric System Operator (AESO) Board announced today that Michael Law, President and Chief Executive Officer, will leave the organization, effective August 1, 2024.
  • Law first joined the AESO in 2009 as Vice-President, Operations and was promoted to President and Chief Executive Officer in 2019.
  • “This is a critical time for the AESO as we move towards both a new market design and significant energy transition activities,” said Karl Johannson, AESO Board Chair.
  • Prior to joining BMO Capital Markets, Engen was a partner at a major Canadian law firm, where he practiced corporate and securities law.

Gunvor and Quercus announce landmark solar development partnership in Italy

Retrieved on: 
Monday, July 1, 2024

LONDON, July 1, 2024 /PRNewswire/ -- Gunvor Group ("Gunvor"), a leading global energy commodities trading company, together with Quercus Real Assets Limited ("Quercus"), the London-based renewable specialist focused on international investments within the Energy Transition, proudly announce a landmark solar development partnership that targets the development of up to 3 gigawatts (GW) of solar photovoltaic (PV) capacity in Italy.

Key Points: 
  • LONDON, July 1, 2024 /PRNewswire/ -- Gunvor Group ("Gunvor"), a leading global energy commodities trading company, together with Quercus Real Assets Limited ("Quercus"), the London-based renewable specialist focused on international investments within the Energy Transition, proudly announce a landmark solar development partnership that targets the development of up to 3 gigawatts (GW) of solar photovoltaic (PV) capacity in Italy.
  • The solar sites will be strategically located across all regions in Italy, granting Gunvor the option to acquire and enter into PPAs with the assets.
  • "Gunvor's first material investment in the solar space fully aligns with Nyera's commitment to the Energy Transition and our ambition to build up a renewable power portfolio."
  • I am pleased to collaborate with a prominent partner like Gunvor, sharing our values and advancing our successful investment initiatives."

NEXTCHEM (MAIRE) AWARDED A LICENSING CONTRACT FOR ITS PROPRIETARY NX CIRCULAR GASIFICATION TECHNOLOGY FOR DG FUELS' SUSTAINABLE AVIATION FUEL (SAF) PLANT IN THE USA

Retrieved on: 
Monday, June 24, 2024

The plant, expected to be operational in 2028, will produce 450 million liters per year of SAF derived from residual biomass and a minor part of municipal waste.

Key Points: 
  • The plant, expected to be operational in 2028, will produce 450 million liters per year of SAF derived from residual biomass and a minor part of municipal waste.
  • DG Fuels Louisiana is a subsidiary of DG Fuels, a U.S. company engaged in renewable hydrogen and biogenic based, synthetic low emissions aviation fuel.
  • MAIRE S.p.A. leads a technology and engineering group that develops and implements innovative solutions to enable the Energy Transition.
  • We offer Sustainable Technology Solutions and Integrated E&C Solutions in nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers.

NEXTCHEM (MAIRE) AWARDED A LICENSING CONTRACT FOR ITS PROPRIETARY NX CIRCULAR GASIFICATION TECHNOLOGY FOR DG FUELS' SUSTAINABLE AVIATION FUEL (SAF) PLANT IN THE USA

Retrieved on: 
Monday, June 24, 2024

The plant, expected to be operational in 2028, will produce 450 million liters per year of SAF derived from residual biomass and a minor part of municipal waste.

Key Points: 
  • The plant, expected to be operational in 2028, will produce 450 million liters per year of SAF derived from residual biomass and a minor part of municipal waste.
  • DG Fuels Louisiana is a subsidiary of DG Fuels, a U.S. company engaged in renewable hydrogen and biogenic based, synthetic low emissions aviation fuel.
  • MAIRE S.p.A. leads a technology and engineering group that develops and implements innovative solutions to enable the Energy Transition.
  • We offer Sustainable Technology Solutions and Integrated E&C Solutions in nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers.

Sea Index CO2 certification for superyachts earns Capenergies Label

Retrieved on: 
Monday, June 10, 2024

TURIN, Italy, June 10, 2024 (GLOBE NEWSWIRE) -- The Superyacht Eco Association’s pioneering Sea Index CO2 tool and independently verified certification for superyachts over 25 meters has been awarded the esteemed Capenergies label, underscoring its innovative contribution to reducing the environmental impact and carbon footprint of superyachts.

Key Points: 
  • TURIN, Italy, June 10, 2024 (GLOBE NEWSWIRE) -- The Superyacht Eco Association’s pioneering Sea Index CO2 tool and independently verified certification for superyachts over 25 meters has been awarded the esteemed Capenergies label, underscoring its innovative contribution to reducing the environmental impact and carbon footprint of superyachts.
  • Developed under the aegis of the Yacht Club de Monaco’s ‘Monaco, Capital of Advanced Yachting’ initiative, the Sea Index represents a groundbreaking advancement in maritime sustainability.
  • It is the first tool of its kind to measure the energy intensity and compare the CO2 emissions of superyachts over 25 meters, utilizing manufacturer-provided data and custom installed equipment onboard.
  • In receiving the  Capenergies label, the Sea Index CO2 tool is recognized not only for its technological innovation but also for its potential to reshape the sector’s approach to environmental stewardship.

AXIS Report: How Risks Including Climate Change, Economic Uncertainty, and Investor Hesitancy Around Tech Innovation are Impacting the Energy Transition

Retrieved on: 
Thursday, June 13, 2024

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today published a new report, Navigating Risk in the Energy Transition .

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today published a new report, Navigating Risk in the Energy Transition .
  • Based on independent research, the report explores views within the energy sector on how key areas of risk are impacting the transition – from climate change and economic volatility, to securing investment, insurance, and governmental support for the expansion of renewable energy technology.
  • Key findings from the report include:
    Climate change is both a driver of change and a source of risk.
  • “Through our Global Energy Resilience division and AXIS Energy Transition Syndicate 2050, AXIS is committed to working collaboratively with customers and partners to address challenges and seize opportunities to help to power a more resilient, lower carbon future.”