Utilities

PG&E Continues to Make Progress as Hundreds of Thousands of Customers Have Been Restored after Severe Windstorm and PSPS Event

Thursday, January 21, 2021 - 6:20pm

Approximately 23,000 customers remain out of service with approximately 11,500 in the Sierra foothills an 10,250 in the Santa Cruz Mountains.

Key Points: 
  • Approximately 23,000 customers remain out of service with approximately 11,500 in the Sierra foothills an 10,250 in the Santa Cruz Mountains.
  • Hundreds of crews are working in locations where the wind did the most damage to PG&Es electric infrastructure.
  • We understand the challenges that an extended power outage presents to our customers and our communities.
  • Service has been restored to all the customers affected by the PSPS, except for those in areas where circuits sustained wind damage.

New Jersey American Water Invested More Than $464 Million Statewide in 2020

Thursday, January 21, 2021 - 5:28pm

At New Jersey American Water, our goal is to provide safe, reliable water service to all of our customers, said Cheryl Norton, president of New Jersey American Water.

Key Points: 
  • At New Jersey American Water, our goal is to provide safe, reliable water service to all of our customers, said Cheryl Norton, president of New Jersey American Water.
  • Source Water, Treatment and Other Production System Improvements: New Jersey American Water invested more than $93.5 million for improvements to its water treatment facilities across the state in 2020.
  • Tanks/Storage: New Jersey American Water rehabilitated four water tanks and conducted detailed inspections on 45 tanks, an investment totaling approximately $7.9 million.
  • New Jersey American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.8 million people.

Hudson Sustainable Group Closes Inaugural Green Bond

Thursday, January 21, 2021 - 3:02pm

Hudson Sustainable Group (Hudson) announced today that it has closed the firms inaugural green bond, with the issuance of US$96.8 million Investment-Grade rated fixed rate secured notes due in 2043.

Key Points: 
  • Hudson Sustainable Group (Hudson) announced today that it has closed the firms inaugural green bond, with the issuance of US$96.8 million Investment-Grade rated fixed rate secured notes due in 2043.
  • Mitsubishi UFJ Financial Group and SG Americas Securities, LLC (Societe Generale) acted as placement agents and green bond structuring advisers.
  • This inaugural green bond continues Hudsons mission to promote sustainable investments, said Neil Auerbach, Hudsons Chief Executive Officer and Managing Partner.
  • Hudson Sustainable Group (Hudson, or the Company) is focused on investing in the sustainability sector globally, with an emphasis on renewable energy, resource efficiency, and other aspects of sustainable technology.

MEDIA ALERT — Wolters Kluwer looks at tax credits implemented to help reduce carbon footprint

Thursday, January 21, 2021 - 3:00pm

Wolters Kluwer Tax & Accounting:

Key Points: 
  • Wolters Kluwer Tax & Accounting:
    What: The enactment of a credit for carbon oxide sequestration in 2008 was the first step in the efforts to encourage the recapture of carbon oxide from the atmosphere.
  • PLEASE NOTE: The content of this alert has been prepared by Wolters Kluwer Tax & Accounting for general informational purposes only.
  • The information is provided with the understanding that Wolters Kluwer Tax & Accounting is not engaged in rendering legal, accounting, or other professional services.
  • Contact: To arrange an interview with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact Bart Lipinski.

Renewable Energy Seasoned Professional Faraz Khan, CFO, Joins Executive Team at Vision Solar to Drive Company Growth

Thursday, January 21, 2021 - 3:30pm

In the peak of January, Vision Solar LLC executives chose a seasoned renewable energy professional, Faraz Khan as their new Chief Financial Officer.

Key Points: 
  • In the peak of January, Vision Solar LLC executives chose a seasoned renewable energy professional, Faraz Khan as their new Chief Financial Officer.
  • Khan is eager to help drive company growth, and collaborate in the successful efforts of the company in the years to come.
  • Prior to joining Vision Solar, Khan served as Senior Director of Corporate Finance at Hardinge Inc., following his experience as CFO for Siemens Gamesa Renewable Energy.
  • Their full-service renewable energy company installs solar services for residential homes in Pennsylvania, Arizona, New Jersey, Massachusetts and Florida.

New Jersey Resources Schedules Fiscal 2021 First-Quarter Earnings Call

Thursday, January 21, 2021 - 2:27pm

New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 first-quarter earnings results on Thursday, February 4, 2021, at 10 a.m.

Key Points: 
  • New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 first-quarter earnings results on Thursday, February 4, 2021, at 10 a.m.
  • President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJRs financial and operational performance for the first quarter of fiscal 2021.
  • A few minutes prior to the webcast, go to njresources.com and select Investor Relations.
  • New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services.

Garry King Named Global Services Leader for Black & Veatch’s Conventional Power Generation Business

Thursday, January 21, 2021 - 2:00pm

The global power generation industry continues to be transformed as it finds itself balancing demand for baseload power with the continued need to decarbonize and further integrate renewable energy into the power generation mix.

Key Points: 
  • The global power generation industry continues to be transformed as it finds itself balancing demand for baseload power with the continued need to decarbonize and further integrate renewable energy into the power generation mix.
  • To meet its clients evolving needs in this shifting market, Black & Veatch is further expanding its power generation service offerings and has named Garry King as Senior Vice President of Global Services in the companys Global Conventional Generation business line.
  • Across their power generation portfolio, clients today are calling for a full range of services to both new and existing assets and must focus on keeping these assets running smoothly and profitably, said Jim Doull, executive vice president for Black & Veatchs global conventional generation business.
  • The 2020 Engineering News-Record (ENR) Sourcebook, released in July 2020, ranks Black & Veatchs power business No.

Global Food & Beverage Water and Wastewater Treatment Market Report 2020 - Sustainable Solutions Create Growth Opportunities in the Industry - ResearchAndMarkets.com

Thursday, January 21, 2021 - 1:35pm

The "Sustainable Solutions Create Growth Opportunities in the Global Food & Beverage Water and Wastewater Treatment" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sustainable Solutions Create Growth Opportunities in the Global Food & Beverage Water and Wastewater Treatment" report has been added to ResearchAndMarkets.com's offering.
  • Water and wastewater treatment is analysed in six main segments: design and engineering services, water treatment technologies, wastewater treatment technologies, process control and management, treatment chemicals, and operation and maintenance services.
  • What are the key drivers and restraints in the global food & beverage water and wastewater treatment market?
  • What are the top growth and strategic investment opportunities and for the sustainable food & beverage water and wastewater industry of the future?

Tigo Welcomes Cathal McCarthy as VP of Customer Success

Thursday, January 21, 2021 - 1:28pm

Tigo Energy, Inc., the worldwide leader in Flex-MLPE (Module Level Power Electronics) today announced that Cathal McCarthy has joined at its new VP of Customer Success.

Key Points: 
  • Tigo Energy, Inc., the worldwide leader in Flex-MLPE (Module Level Power Electronics) today announced that Cathal McCarthy has joined at its new VP of Customer Success.
  • Mr. McCarthy brings more than 25 years of experience building and scaling customer success organizations to the Tigo Executive Team.
  • At eBay, as VP Worldwide Customer Experience, he helped restructure the Customer Support organization.
  • Cathal has helped companies large and small scale their Customer Success organizations to better serve customers as they expand rapidly, stated Zvi Alon, Chairman and CEO of Tigo.

Willdan Publishes Inaugural Sustainability Report

Thursday, January 21, 2021 - 1:30pm

Willdan Group, Inc. (NASDAQ: WLDN), an industry-leading electric grid solutions provider, engineering firm, and sustainability consultant, recently published its inaugural Sustainability Report.

Key Points: 
  • Willdan Group, Inc. (NASDAQ: WLDN), an industry-leading electric grid solutions provider, engineering firm, and sustainability consultant, recently published its inaugural Sustainability Report.
  • Willdan is committed to environmental stewardship; the health, welfare, and development of its employees; and the support of its local communities.
  • This report is Willdans first step toward monitoring, reporting, and improving its environmental, social and governance performance.
  • The full Willdan Sustainability Report is available at http://willdan.com/sustainability/Willdan_SustainabilityReport2020.pdf .