Utilities

$1.5 Billion Transformerless UPS Markets - Global Industry Trends, Share, Size, Growth, Opportunity and Forecasts, 2015-2020 & 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 21, 2022 - 11:55am

The "Transformerless UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Transformerless UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global transformerless UPS market reached a value of US$ 1.5 Billion in 2020.
  • Looking forward, the analyst expects the global transformerless UPS market to exhibit strong growth during the next five years.
  • What is the structure of the global transformerless UPS market and who are the key players?

Gabelli Funds to Host 32nd Annual Pump, Valve, and Water Systems Symposium

Retrieved on: 
Friday, January 21, 2022 - 12:00pm

Gabelli Funds, LLC, will host the 32nd Annual Pump, Valve & Water Systems Symposium on Thursday, February 24, 2022 at the Lotte New York Palace in New York, NY.

Key Points: 
  • Gabelli Funds, LLC, will host the 32nd Annual Pump, Valve & Water Systems Symposium on Thursday, February 24, 2022 at the Lotte New York Palace in New York, NY.
  • For those who cannot attend in person, the symposium will also be available via webcast.
  • This meeting will be moderated by Brett Kearney, Justin Bergner, and Tony Bancroft, and will feature presentations and fireside chats with senior management of leading industrial companies.
  • Attendees will also have the opportunity to meet with management in a one-on-one setting.

Eaton Names Kurt McMaken Senior Vice President, Operations Finance and Finance Transformation

Retrieved on: 
Friday, January 21, 2022 - 11:45am

Power management company Eaton (NYSE:ETN) today announced that Kurt McMaken has been named senior vice president, operations finance and finance transformation.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced that Kurt McMaken has been named senior vice president, operations finance and finance transformation.
  • This organization includes the companys financial planning and analysis and operations finance teams and has responsibility for the development of finance technology enhancements.
  • McMaken will report to Tom Okray, Eatons executive vice president and chief financial officer, and will be a member of the senior leadership team.
  • View the full release here: https://www.businesswire.com/news/home/20220120006020/en/
    Eaton names Kurt McMaken senior vice president, operations finance and finance transformation (Photo: Business Wire)
    Since joining Eaton in 2001, McMaken has held a number of senior leadership roles in the company including senior vice president, corporate development and treasury; vice president, finance, Electrical, for Europe, the Middle East and Africa (EMEA); corporate president, EMEA; and most recently senior vice president, finance and planning, Electrical Sector.

South Korea Grinergy Looks to U.S. to Grow Battery Technology Operations

Retrieved on: 
Friday, January 21, 2022 - 12:52am

Grinergy , a South Korean headquartered lithium-ion rechargeable battery and battery management systems company will be expanding their operations in the U.S.

Key Points: 
  • Grinergy , a South Korean headquartered lithium-ion rechargeable battery and battery management systems company will be expanding their operations in the U.S.
  • Grinergy operates on a global basis with operations in Asia, North America and Europe.
  • View the full release here: https://www.businesswire.com/news/home/20220120006084/en/
    Grinergy Lithium-ion Battery Technology (Photo: Grinergy Corp.)
    Grinergy is dedicated to solving challenges still facing lithium-ion technology such as:
    Using proprietary technology developed by the Grinergy engineering, research, and development team, the company has developed batteries that:
    Are capable of charging at -30 C with minimum capacity and range reduction.
  • Grinergy is a lithium-ion battery technology company headquartered in South Korea which offers multiple solutions to revolutionize the shortcomings of the conventional lithium battery industry.

IDACORP, Inc. Declares Dividend

Retrieved on: 
Thursday, January 20, 2022 - 10:03pm

Directors of IDACORP, Inc. (NYSE:IDA) today declared a common stock dividend of $0.75 per share, payable February 28, 2022 to holders of record at the close of business on February 3, 2022.

Key Points: 

Directors of IDACORP, Inc. (NYSE:IDA) today declared a common stock dividend of $0.75 per share, payable February 28, 2022 to holders of record at the close of business on February 3, 2022.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220120006053/en/

Metropolitan General Manager Issues Statement on Increased State Water Project Allocation

Retrieved on: 
Thursday, January 20, 2022 - 9:39pm

Adel Hagekhalil, general manager of the Metropolitan Water District of Southern California, issues the following statement on the California Department of Water Resources announcement to increase the State Water Project allocation to 15 percent.

Key Points: 
  • Adel Hagekhalil, general manager of the Metropolitan Water District of Southern California, issues the following statement on the California Department of Water Resources announcement to increase the State Water Project allocation to 15 percent.
  • The snow and rain we received in December provided some much-needed relief to the extremely dry conditions challenging our state.
  • But I must emphasize that a 15 percent allocation is still very low, and our water supplies from the State Water Project remain exceptionally limited.
  • The Metropolitan Water District of Southern California is a state-established cooperative that, along with its 26 cities and retail suppliers, provide water for 19 million people in six counties.

Ecolab Expects Strong 4Q 2021 Sales Growth but Lower Than Expected EPS Growth Due to COVID & Supply Chain Disruptions; Expects Low-Teens Adjusted EPS Growth in Full-Year 2022

Retrieved on: 
Thursday, January 20, 2022 - 9:30pm

Ecolab also absorbed significant short-term cost increases to assure seamless customer supply in a very tight environment that impacted margins in the short-term.

Key Points: 
  • Ecolab also absorbed significant short-term cost increases to assure seamless customer supply in a very tight environment that impacted margins in the short-term.
  • Fourth quarter and full year 2021 results remain subject to our normal year-end accounting and financial reporting procedures.
  • Ecolab expects to report fourth quarter 2021 results February 15, 2022.
  • We enter 2022 not with the environment we expected, but with the underlying momentum we wanted to have.

Crestwood Announces Quarterly Distribution and Schedules Fourth Quarter 2021 Earnings Release Date

Retrieved on: 
Thursday, January 20, 2022 - 9:15pm

Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood) announced today that the board of directors of its general partner has declared the partnerships quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended December 31, 2021, which is flat quarter over quarter.

Key Points: 
  • Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood) announced today that the board of directors of its general partner has declared the partnerships quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended December 31, 2021, which is flat quarter over quarter.
  • In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually).
  • All legacy OMP unitholders that remain Crestwood unitholders as of the February 7, 2022 record date will receive Crestwoods $0.625 per limited partner unit distribution attributed to the fourth quarter 2021.
  • Crestwood plans to report financial results for the fourth quarter 2021 and provide full-year 2022 financial guidance on Tuesday, February 22, 2022, before the New York Stock Exchange opens for trading.

Energy Transfer LP Announces Cash Distributions on Series C, D and E Preferred Units

Retrieved on: 
Thursday, January 20, 2022 - 9:10pm

Energy Transfer LP (ET) today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE).

Key Points: 
  • Energy Transfer LP (ET) today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE).
  • These cash distributions will be paid on February 15, 2022 to Series C, Series D and Series E unitholders of record as of the close of business on February 1, 2022.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in North America, with a strategic footprint in all of the major U.S. production basins.
  • Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

ComEd Announces $500,000 Now Available to Fund Community Improvement Projects

Retrieved on: 
Thursday, January 20, 2022 - 4:32pm

The three annual grants programs -- Green Region, Powering Safe Communities, and Powering the Arts -- are administered in partnership with Openlands, the Metropolitan Mayors Caucus and the League of Chicago Theatres, respectively.

Key Points: 
  • Municipal agencies and community organizations that operate in the ComEd service territory are encouraged to apply for a total of more than $500,000 in available funding.
  • Qualifying proposals will be eligible for grants of up to $10,000 each, available through three programs to support communities.
  • These grants support open-space projects that focus on planning, acquisition and improvements to local parks, natural areas and recreation resources.
  • This year, grants have a special focus on electrification projects that reduce carbon emissions, improve public health outcomes and advance community resiliency.