North Yorkshire

Drax Completes Acquisition of Pinnacle Renewable Energy Inc

Retrieved on: 
Tuesday, April 13, 2021

b'VANCOUVER, British Columbia, April 13, 2021 (GLOBE NEWSWIRE) -- Pinnacle Renewable Energy Inc., the Canada-based international supplier of sustainable bioenergy pellets, and British energy company Drax Group plc have announced that Drax\xe2\x80\x99s acquisition of Pinnacle (first announced on February 8, 2021) has completed.\nThe acquisition received overwhelming support from both sets of shareholders with 95.97% of Pinnacle\xe2\x80\x99s and 99.99% of Drax\xe2\x80\x99s shareholders voting in favour.

Key Points: 
  • b'VANCOUVER, British Columbia, April 13, 2021 (GLOBE NEWSWIRE) -- Pinnacle Renewable Energy Inc., the Canada-based international supplier of sustainable bioenergy pellets, and British energy company Drax Group plc have announced that Drax\xe2\x80\x99s acquisition of Pinnacle (first announced on February 8, 2021) has completed.\nThe acquisition received overwhelming support from both sets of shareholders with 95.97% of Pinnacle\xe2\x80\x99s and 99.99% of Drax\xe2\x80\x99s shareholders voting in favour.
  • It makes Drax the world\xe2\x80\x99s leading sustainable bioenergy generation and supply business.
  • Committed to ensuring the safe, efficient and sustainable operation of the enlarged group, Drax intends to invest in Pinnacle to deliver this outcome.\nWill Gardiner, Chief Executive Officer of Drax, said:\n\xe2\x80\x9cThis is an exciting and important acquisition which positions Drax as the world\xe2\x80\x99s leading sustainable bioenergy generation and supply business.
  • I am delighted to welcome our new Pinnacle colleagues to the Drax family.

Drax to Acquire Pinnacle Renewable Energy – a Major Canada-Based International Supplier of Sustainable Biomass Fuel

Retrieved on: 
Monday, February 8, 2021

The acquisition brings together Drax, which owns the worlds largest sustainable biomass power station in the UK, with Pinnacle, one of the leading global producers of high-quality compressed wood pellets.

Key Points: 
  • The acquisition brings together Drax, which owns the worlds largest sustainable biomass power station in the UK, with Pinnacle, one of the leading global producers of high-quality compressed wood pellets.
  • This Canadian-UK combination will be positioned as the worlds leading sustainable biomass supply and power generation business.
  • Drax is the largest decarbonisation project in Europe having converted the UKs biggest coal-fired power station to use sustainable biomass, delivering carbon savings of more than 80%.
  • As the UKs biggest single-site renewable electricity generator, Drax produces enough renewable electricity for four million homes.

Integumen PLC: First COVID19 Detection Agreement for Detroit MI and Fresh Water in Great Lakes, USA

Retrieved on: 
Wednesday, September 30, 2020

WaterRising Institute is a women-led nonprofit that accelerates real-time and sustainable management of water.

Key Points: 
  • WaterRising Institute is a women-led nonprofit that accelerates real-time and sustainable management of water.
  • The appointment to manage the water systems will continue for three years, with an initial trial period of six months, and an annual renewal thereafter.
  • Integumen will act as WaterRising's agent to design, build, install and supervise theDetroit River AI Water QualityProject('DRAWQ [ i ] ').
  • The DRAWQ project consists of a Consortium Parties of ecowaterOS technologies in the USA, EU and associated states under the European Neighbourhood Policy.

Integumen PLC: Unveiling of new breath test/dig'l health platform

Retrieved on: 
Thursday, September 24, 2020

The Company also today announces the unveiling of a new personalised COVID-19 breath test, Microtox BT, and its complementary Digital Health Pass platform.

Key Points: 
  • The Company also today announces the unveiling of a new personalised COVID-19 breath test, Microtox BT, and its complementary Digital Health Pass platform.
  • Integumen is working with a consortium of companies collaborating to find solutions in the fight against COVID-19 pandemic.
  • The consortium includes Modern Water, Avacta, Aptamer and a major global provider of innovative technology and services for the data era.
  • Integumen recognised that in collaboration with Modern Water, Avacta and Aptamer Group, its real-time detection and alert system could be adapted to detect the level of infection of coronavirus in a breath sample.

Integumen PLC Announces Recommended All-Equity Offer for Modern Water PLC

Retrieved on: 
Friday, August 28, 2020

INVESTORS SHOULD NOT MAKE ANY INVESTMENT DECISION IN RELATION TO MODERN WATER SHARES OR INTEGUMEN SHARES EXCEPT ON THE BASIS OF THE INFORMATION IN THE OFFER DOCUMENT, WHICH IS PROPOSED TO BE PUBLISHED IN DUE COURSE.

Key Points: 
  • INVESTORS SHOULD NOT MAKE ANY INVESTMENT DECISION IN RELATION TO MODERN WATER SHARES OR INTEGUMEN SHARES EXCEPT ON THE BASIS OF THE INFORMATION IN THE OFFER DOCUMENT, WHICH IS PROPOSED TO BE PUBLISHED IN DUE COURSE.
  • The Boards of Integumen and Modern Water are pleased to announce that they have reached agreement on the terms of a recommended offer to be made by Integumen for the entire issued and to be issued share capital of Modern Water.
  • If the Share Consolidation is approved, the Modern Water Shareholders will instead be entitled to receive:
    Based on the Existing Integumen Share Closing Price of 4.05 pence per Existing Integumen Share on the Last Practicable Date, the Offer values the entire issued and to be issued share capital of Modern Water at approximately 21.25 million.
  • The Offer represents a value of approximately 4.05 pence per Modern Water Share and a premium of approximately:
    - 44.6 per cent.

OPW Exhibiting & Nominated for Two Awards at UK's Leading Retail Fuelling Show APEA Live 2018

Retrieved on: 
Monday, November 19, 2018

"We are very proud of these nominations," stated Ian Thompson, Managing Director of OPW EMEA, based in Skipton, UK.

Key Points: 
  • "We are very proud of these nominations," stated Ian Thompson, Managing Director of OPW EMEA, based in Skipton, UK.
  • "As a company, our primary purpose is to help protect people and the environment while enhancing the business performance of our customers.
  • Best New Non-Retail Fuel Installation - while retail fuelling is OPW's primary focus, the company also applies its expertise to non-retail fuel projects.
  • APEA Live 2018 - Stand D15:
    To learn more about OPW fuelling innovations, such as the Fibrelite sumps and KPS pipe, or to talk to an OPW product expert on your fuelling challenges and how they may be solved, please visit OPW, Stand D15 at APEA Live 2018.