Usiminas | Jotup

Recurrent Energy Secures 343 Million Brazilian Reais Financing for 152 MW Solar Project in Brazil

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Monday, April 15, 2024

Public sector, Recurrence, Solar energy, Partnership, Carbon, IPCA, Usiminas, BNB, PPA, Renewable energy

GUELPH, ON, April 15, 2024 /PRNewswire/ -- Recurrent Energy , a global developer and owner of solar and energy storage assets, announced today that it has secured 343 million Brazilian reais (approximately $70 million) of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil.

Key Points:

GUELPH, ON, April 15, 2024 /PRNewswire/ -- Recurrent Energy , a global developer and owner of solar and energy storage assets, announced today that it has secured 343 million Brazilian reais (approximately $70 million) of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil.
The 152 MWp Jaiba III project will be financed over a 22-year period spanning both construction and operation phases.
Linked to the National Consumer Price Index (IPCA), the inflation-adjusted debt will enable better capital and resource alignment with the Brazilian economy.
BNB's enduring participation in our solar portfolio reinforces our confidence in the long-term potential of Brazil's renewable energy sector."

Tenaris Completes Acquisition of Additional Participation in Usiminas Control Group

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Monday, July 3, 2023

EXM, Mitsubishi Group, NSC, BRL, USIMINAS, Acquisition, Nippon Steel, TEN, Tenaris, NYSE, Security (finance), Usiminas

LUXEMBOURG, July 03, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) reported today that its Brazilian subsidiary Confab Industrial S.A., together with its affiliates Ternium Investments and Ternium Argentina, all of which compose the T/T group within the Usiminas control group, completed the previously announced acquisition of 68.7 million ordinary shares of Usinas Siderúrgicas de Minas Gerais S.A. – USIMINAS (“Usiminas”) from Nippon Steel Corporation, Mitsubishi and MetalOne (the “NSC group”), pro rata to their current participations in the T/T group within the Usiminas control group, at a price of BRL 10 per ordinary share.

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LUXEMBOURG, July 03, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) reported today that its Brazilian subsidiary Confab Industrial S.A., together with its affiliates Ternium Investments and Ternium Argentina, all of which compose the T/T group within the Usiminas control group, completed the previously announced acquisition of 68.7 million ordinary shares of Usinas Siderúrgicas de Minas Gerais S.A. – USIMINAS (“Usiminas”) from Nippon Steel Corporation, Mitsubishi and MetalOne (the “NSC group”), pro rata to their current participations in the T/T group within the Usiminas control group, at a price of BRL 10 per ordinary share.
Pursuant to the transaction, Tenaris paid approximately BRL 110 million (approximately USD 23 million) in cash for 11.0 million ordinary shares, increasing its participation in the Usiminas control group to 9.8%.
As previously announced, upon closing of the transaction, the Usiminas shareholders agreement, which governs the relationship with the T/T Group, the NSC group and Previdência Usiminas, was amended and restated to reflect a revised governance for Usiminas.
Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

Tenaris to Increase its Participation in Usiminas Control Group

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Thursday, March 30, 2023

EXM, Mitsubishi Group, NSC, BRL, USIMINAS, Nippon Steel, TEN, Hand, Tenaris, NYSE, Security (finance), Usiminas

Pursuant to the transaction, Tenaris would pay BRL 110 million (approximately USD21 million) in cash for 11.0 million ordinary shares, increasing its participation in the Usiminas control group to 9.8%.

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Pursuant to the transaction, Tenaris would pay BRL 110 million (approximately USD21 million) in cash for 11.0 million ordinary shares, increasing its participation in the Usiminas control group to 9.8%.
The Usiminas control group holds the majority of Usiminas’ voting rights and manages the company based on mutual trust.
Upon the closing of this transaction, the T/T group will hold an aggregate participation of 61.3% in the control group, with the NSC group and Previdência Usiminas (Usiminas employees’ pension fund) holding 31.7% and 7.1%, respectively.
The Usiminas control group members have also agreed a new governance structure in the best interest of Usiminas.

Canadian Solar Signs 381 MWp Solar Corporate PPA in Brazil

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Friday, February 25, 2022

For this PPA, Canadian Solar will develop and build the 381 MWp Morada do Sol project in the State of Gois.

Key Points:

For this PPA, Canadian Solar will develop and build the 381 MWp Morada do Sol project in the State of Gois.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies.
Over the past 20 years, Canadian Solar has successfully delivered over 63 GW of premium-quality, solar photovoltaic modules to customers across the world.
Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006.For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com .

Webcast Alert: Usinas Siderúrgicas de Minas Gerais S.A. - USIMINAS Announces Third Quarter 2020 Results Webcast

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Thursday, October 29, 2020

Economy of Belo Horizonte, Usiminas, Belo Horizonte, Minas Gerais, Subdivisions of Brazil, Companies

BELO HORIZONTE, Brazil, Oct. 27, 2020 /PRNewswire/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:

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BELO HORIZONTE, Brazil, Oct. 27, 2020 /PRNewswire/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:
What: Third Quarter 2020 Results Conference Call, which will be presented on October 29th, 2020.
How:Live over the Internet (in Portuguese - simultaneous translation into English) -- Simply log on to the web at the address above.
The live webcast and slide presentation will be available at Usiminas' website:
To take part in the Conference Call dial:
An audio replay of the conference call will be available at +55 (11) 3193 1012 until November 04th, 2020.
Usiminas is integrated upstream and downstream offering products with high technological content and maximizing value for shareholders, customers and society.

Webcast Alert: Usinas Siderúrgicas de Minas Gerais S.A. - USIMINAS Announces Third Quarter 2020 Results Webcast

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Tuesday, October 27, 2020

Economy of Belo Horizonte, Usiminas, Belo Horizonte, Minas Gerais, Subdivisions of Brazil, Companies

BELO HORIZONTE, Brazil, Oct. 27, 2020 /PRNewswire/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:

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BELO HORIZONTE, Brazil, Oct. 27, 2020 /PRNewswire/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:
What: Third Quarter 2020 Results Conference Call, which will be presented on October 29th, 2020.
How:Live over the Internet (in Portuguese - simultaneous translation into English) -- Simply log on to the web at the address above.
The live webcast and slide presentation will be available at Usiminas' website:
To take part in the Conference Call dial:
An audio replay of the conference call will be available at +55 (11) 3193 1012 until November 04th, 2020.
Usiminas is integrated upstream and downstream offering products with high technological content and maximizing value for shareholders, customers and society.

/ R E PE A T -- Webcast Alert: Usinas Siderúrgicas de Minas Gerais S.A. - USIMINAS Announces First Quarter 2020 Results Webcast/

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Friday, May 22, 2020

Usiminas, Companies, Belo Horizonte, Economy of Brazil

BELO HORIZONTE, Brazil, May 20 2020 /PRNewswire/ -- FirstCall/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:

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BELO HORIZONTE, Brazil, May 20 2020 /PRNewswire/ -- FirstCall/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:
What: First Quarter 2020 Results Conference Call, which will be presented on May 22th, 2020.
How:Live over the Internet (in Portuguese - simultaneous translation into English) -- Simply log on to the web at the address above.
Its companies extract iron ore, transform it into steel, according to client's specifications, offer efficient logistic and deliver finished products, meeting customer's needs.
Usiminas is integrated upstream and downstream offering products with high technological content and maximizing value for shareholders, customers and society.

Webcast Alert: Usinas Siderúrgicas de Minas Gerais S.A. - USIMINAS Announces First Quarter 2020 Results Webcast

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Wednesday, May 20, 2020

Usiminas, Belo Horizonte, Companies, Economy of Brazil

BELO HORIZONTE, Brazil, May 20, 2020 /PRNewswire/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:

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BELO HORIZONTE, Brazil, May 20, 2020 /PRNewswire/ -- Usinas Siderrgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:
What: First Quarter 2020 Results Conference Call, which will be presented on May 22th, 2020.
How:Live over the Internet (in Portuguese - simultaneous translation into English) -- Simply log on to the web at the address above.
The live webcast and slide presentation will be available at Usiminas' website:
To take part in the Conference Call dial:
An audio replay of the conference call will be available at +55 (11) 3193 1012 until May 28th, 2020.
Usiminas is integrated upstream and downstream offering products with high technological content and maximizing value for shareholders, customers and society.

/R E P E A T -- Webcast Alert: Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS Announces Fourth Quarter and Full Year 2019 Results Webcast /

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Friday, February 14, 2020

Usiminas, Companies, Belo Horizonte, Economy of Brazil

BELO HORIZONTE, Brazil, Feb. 11, 2020 /PRNewswire/ -- Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:

Key Points:

BELO HORIZONTE, Brazil, Feb. 11, 2020 /PRNewswire/ -- Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:
What: Fourth Quarter and Full Year 2019 Results Conference Call, which will be presented on February 14th, 2020.
How:Live over the Internet (in Portuguese - simultaneous translation into English) -- Simply log on to the web at the address above.
Its companies extract iron ore, transform it into steel, according to client's specifications, offer efficient logistic and deliver finished products, meeting customer's needs.
Usiminas is integrated upstream and downstream offering products with high technological content and maximizing value for shareholders, customers and society.

/R E P E A T -- Webcast Alert: Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS Announces Third Quarter 2019 Results Webcast/

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Friday, October 25, 2019

Usiminas, Companies, Belo Horizonte, Economy of Brazil

BELO HORIZONTE, Oct. 23, 2019 /PRNewswire/ -- FirstCall/ -- Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:

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BELO HORIZONTE, Oct. 23, 2019 /PRNewswire/ -- FirstCall/ -- Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS(OTC: USDMY,USNZY) (B3: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast:
What: Third Quarter 2019 Results Conference Call, which will be presented on October 25th, 2019.
How:Live over the Internet (in Portuguese - simultaneous translation into English) -- Simply log on to the web at the address above.
Its companies extract iron ore, transform it into steel, according to client's specifications, offer efficient logistic and deliver finished products, meeting customer's needs.
Usiminas is integrated upstream and downstream offering products with high technological content and maximizing value for shareholders, customers and society.