ECP

TransAlta to Acquire Heartland Generation from Energy Capital Partners for $658 million - Expands Capabilities to Meet Demands of Energy Transition

Retrieved on: 
Thursday, November 2, 2023
Carbon, NYSE, Heart, Coal, TransAlta, EST, EBITDA, TAC, Electricity, Acquisition, Hydrogen, Marketing, ECP, TA, Good, GHG, Hand, Agreement, TSX, MST, Renewable energy, Oil, Retail, Bank, Fine chemical, Battle River, Climate change mitigation

The purchase price for the acquisition is $390 million, subject to working capital and other adjustments, as well as the assumption of $268 million of low-cost debt.

Key Points: 
  • The purchase price for the acquisition is $390 million, subject to working capital and other adjustments, as well as the assumption of $268 million of low-cost debt.
  • The Agreement provides that economic benefits arising after October 31, 2023 will be to the account of TransAlta.
  • "With this acquisition we are pleased to announce the addition of highly flexible and complementary assets to our Alberta portfolio.
  • We are excited for TransAlta to continue advancing the energy transition and meeting the reliability and electricity needs of Alberta," said Andrew Gilbert, ECP Partner.

Terran Orbital Awarded $7.7 Million Lockheed Martin Contract

Retrieved on: 
Thursday, October 26, 2023
Technology, Other Defense, Contracts, Venture Capital, Satellite, Telecommunications, Professional Services, Aerospace, Manufacturing, Defense, Martin, Transport layer, Lockheed Martin, Design review (U.S. government), CDR, NYSE, Lockheed, ECP, Multimedia, LLAP, SDA, Arms industry

Lockheed Martin has awarded Terran Orbital Corporation (NYSE: LLAP ) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, an Engineering Change Proposal (ECP) to host additional payloads.

Key Points: 
  • Lockheed Martin has awarded Terran Orbital Corporation (NYSE: LLAP ) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, an Engineering Change Proposal (ECP) to host additional payloads.
  • The contract modification adds $7.7M to an existing satellite design and manufacturing program.
  • View the full release here: https://www.businesswire.com/news/home/20231026631594/en/
    Last year, Terran Orbital delivered 10 satellite buses to Lockheed Martin in support of their Tranche 0 Transport Layer contract with SDA.
  • Terran Orbital is currently building 42 buses for Lockheed Martin to help the company fulfill its $700 million contract for the SDA’s Tranche 1 Transport Layer (T1TL), currently scheduled for a late 2024 launch, and, as previously announced this week, Terran Orbital was just awarded 36 buses to help the company fulfill its $816 million contract for the SDA’s Tranche 2 Transport Layer (T2TL), currently scheduled for late 2026.

Shenandoah Telecommunications Company to Acquire Horizon Telcom

Retrieved on: 
Wednesday, October 25, 2023
NTIA, Education, ILEC, Bank, Government, Rothschild, History, GCM, GCM Grosvenor, FTTH, Citizens Bank, GAAP, Acquisition, Hunton Andrews Kurth, Transaction, Fiber, Bank statement, Fifth Third Bank, Bank of America, LLP, Rothschild & Co, PIK, Partnership, Webcast, ECP, CoBank, VWAP, Security (finance), Cable television, Cryptocurrency, Financial adviser, Horizon, Shentel

EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”) for $385 million (the “Transaction”).

Key Points: 
  • EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”) for $385 million (the “Transaction”).
  • Horizon is a leading commercial fiber provider in Ohio and adjacent states serving national wireless providers, carriers, enterprises, and government, education and healthcare customers.
  • Horizon and Shentel share a similar history and a passion for outstanding local customer service while providing state-of-the-art technologies.
  • 4 Reference price of $19.60 was based on the 30 day average VWAP following time Shentel entered into exclusivity with Horizon.

Modern Healthcare Recognizes Emergency Care Partners as a Best Place to Work in Healthcare in 2023

Retrieved on: 
Friday, October 20, 2023
Hospitals, Health, Practice Management, Nursing, Managed Care, Growth, Workforce, Modern Healthcare, Patient, The Last Best Place, ECP, DNA, Health care

Modern Healthcare has named Emergency Care Partners (“ECP” or “the Company”) to its annual ranking of the Best Places to Work in Healthcare in 2023, a recognition program that honors employers that empower workers to provide patients and customers with the best possible care, products and services.

Key Points: 
  • Modern Healthcare has named Emergency Care Partners (“ECP” or “the Company”) to its annual ranking of the Best Places to Work in Healthcare in 2023, a recognition program that honors employers that empower workers to provide patients and customers with the best possible care, products and services.
  • As a leader in the emergency medicine space, we continuously strive to partner with top clinicians who prioritize patient care and outcomes.
  • Every year, this award program identifies and recognizes outstanding employers in the healthcare industry nationwide.
  • Modern Healthcare partners with Workforce Research Group on the assessment process, which includes an extensive employee survey.

Modine Expands Manufacturing and Engineering Presence in Europe for EVantage Product Line

Retrieved on: 
Tuesday, October 10, 2023
NYSE, Engineering, Heat, Safety, EV, Electronics, Temperature, ECP, Renewable energy, Rail transport, Modine

RACINE, Wis., Oct. 10, 2023 /PRNewswire/ -- To support the growing global commercial electric vehicle (EV) market, Modine (NYSE: MOD), a leader in engineering and manufacturing vehicular thermal management solutions, today announced that it will expand production of its EVantage™ thermal management systems product family to Europe. Beginning in 2024, Modine's facility in Pontevico, Italy, will manufacture battery thermal management and electronics cooling systems for heavy-duty, commercial, and specialty vehicle manufacturers across the continent.

Key Points: 
  • "Our dedicated operations, sales, and engineering teams in Europe have worked tirelessly to ensure our European customers have access to our high-quality systems and the in-depth engineering support for which Modine is known.
  • The Modine EVantage suite includes the EVantage Battery Thermal Management System (BTMS) and Electronics Cooling Package (ECP), engineered to maintain optimal temperature ranges for EV batteries, traction motors, and power electronics.
  • All Modine EVantage systems are rigorously tested and built to withstand challenging conditions, providing reliability for harsh environments and high-vibration applications.
  • To learn more about the Modine ATS organization and its advanced thermal management solutions, please visit www.modineev.com .

Modine Expands Manufacturing and Engineering Presence in Europe for EVantage Product Line

Retrieved on: 
Tuesday, October 10, 2023
NYSE, Engineering, Heat, Safety, EV, Electronics, Temperature, ECP, Renewable energy, Rail transport, Modine

RACINE, Wis., Oct. 10, 2023 /PRNewswire/ -- To support the growing global commercial electric vehicle (EV) market, Modine (NYSE: MOD), a leader in engineering and manufacturing vehicular thermal management solutions, today announced that it will expand production of its EVantage™ thermal management systems product family to Europe. Beginning in 2024, Modine's facility in Pontevico, Italy, will manufacture battery thermal management and electronics cooling systems for heavy-duty, commercial, and specialty vehicle manufacturers across the continent.

Key Points: 
  • "Our dedicated operations, sales, and engineering teams in Europe have worked tirelessly to ensure our European customers have access to our high-quality systems and the in-depth engineering support for which Modine is known.
  • The Modine EVantage suite includes the EVantage Battery Thermal Management System (BTMS) and Electronics Cooling Package (ECP), engineered to maintain optimal temperature ranges for EV batteries, traction motors, and power electronics.
  • All Modine EVantage systems are rigorously tested and built to withstand challenging conditions, providing reliability for harsh environments and high-vibration applications.
  • To learn more about the Modine ATS organization and its advanced thermal management solutions, please visit www.modineev.com .

Economic Club of Phoenix hosts OdySea Aquarium CEO Amram Knishinsky to kick off 2023-24 season

Retrieved on: 
Tuesday, October 3, 2023
University, ECP, Marketing, Georgia Department of Economic Development, JPMorgan Chase, OdySea Aquarium, Organization, Economic Club of New York, Arizona State University, ASU, W. P. Carey School of Business, HonorHealth Scottsdale Osborn Medical Center, Real estate, Nightclub, Management, Business, Phoenix

TEMPE, Ariz., Oct. 3, 2023 /PRNewswire/ -- The Economic Club of Phoenix (ECP) speaker series — hosted by the W. P. Carey School of Business at Arizona State University — is celebrating its 39th season. Since the club's launch in January 1985, audiences have come to hear from leaders of top businesses and organizations in the Phoenix area and beyond.

Key Points: 
  • ECP kicks off virtually on Thursday, Oct. 5, from noon to 1 p.m. with a keynote presentation from Amram Knishinsky, CEO of OdySea Aquarium and lead developer of the Arizona Boardwalk.
  • "Amram is a wonderful guest to launch our new ECP season," said Ohad Kadan , Charles J. Robel Dean and W. P. Carey Distinguished Chair in Business.
  • Fall ECP featuring a fireside chat with Amram Knishinsky, CEO of OdySea Aquarium and lead developer of the Arizona Boardwalk, who will share his 35+ years of experience in real estate, marketing, and retail.
  • The 60th annual ASU/PNC Bank Economic Forecast Luncheon at the Phoenix Renaissance Hotel will feature economic experts.

Coty Inc. Announces Pricing of Global Offering and Admission to Listing and Trading of Class A Common Stock on the Professional Segment of Euronext Paris

Retrieved on: 
Thursday, September 28, 2023
Cosmetics, Retail, Luxury, Fashion, Common stock, State, Article One, Communication, Inc., Markets in Financial Instruments Directive 2014, Financial Services and Markets Act 2000, Financial services, COTY, Telephone, Person, Coty, ECP, Finance, Gross metropolitan product, Common, Cyprus Securities and Exchange Commission, Sale, Public expenditure, NYSE, BNP Paribas, Prospectus, European Economic Area, Order, Form S-3, Citigroup, Relevance (Person of Interest), Form, United Kingdom, Security (finance), Investment banking, Coty Inc., Skin, Broadridge Financial Solutions, Property management, EU, Euronext Paris, Regulation

Coty also announces the admission to listing and trading of its Class A Common Stock (including the shares of Class A Common Stock to be issued pursuant to the Offering) (the “Paris Listing”) on the professional segment of the regulated market of Euronext Paris (“Euronext Paris”) following approval by the Autorité des marchés financiers (the “AMF”) of the prospectus prepared in connection with such listing (the “French Listing Prospectus”).

Key Points: 
  • Coty also announces the admission to listing and trading of its Class A Common Stock (including the shares of Class A Common Stock to be issued pursuant to the Offering) (the “Paris Listing”) on the professional segment of the regulated market of Euronext Paris (“Euronext Paris”) following approval by the Autorité des marchés financiers (the “AMF”) of the prospectus prepared in connection with such listing (the “French Listing Prospectus”).
  • Shares on Euronext Paris are expected to start trading today at 9:30am ET / 3:30pm CET.
  • The Company intends to use the net proceeds from the Offering primarily to retire principal amount of outstanding debt.
  • Coty currently intends to manage its outstanding share count through discretionary settlement of one or more of its outstanding total return swaps.

SamanTree Medical announces new clinical data at recent medical congresses in prostate, lung, breast, and brain cancer surgery

Retrieved on: 
Thursday, September 28, 2023
Oncology, Health, Medical Devices, Hospitals, Surgery, Radiology, Biotechnology, Histology, ECP, Patient, Internet, DNA sequencing, Multimedia, Prostate, Traction, European Society for Medical Oncology, Congress, Prostate cancer, Pharmaceutical industry, Medical imaging, 3D printing, RARP

SamanTree Medical, a medical technology company specializing in innovative solutions to improve cancer treatment, is proud to announce new clinical data presented at recent medical congresses, where it showcased new results in four distinct medical indications.

Key Points: 
  • SamanTree Medical, a medical technology company specializing in innovative solutions to improve cancer treatment, is proud to announce new clinical data presented at recent medical congresses, where it showcased new results in four distinct medical indications.
  • View the full release here: https://www.businesswire.com/news/home/20230928350050/en/
    The clinical results were presented at the European Society of Pathology congress (ECP) in four different indications, confirming the company’s position as a frontrunner in RARP, lung biopsy, breast conserving surgery, and brain cancer surgery.
  • The congress has opened numerous doors for SamanTree Medical, and we're particularly excited about the upcoming creation of an advisory board dedicated to prostate.
  • This board will feature internationally renowned Key Opinion Leaders in prostate cancer surgery, marking a significant step forward for us," concluded Olivier Delporte.

Coty Inc. Launches Global Offering of Class A Common Stock and Listing on the Professional Segment of Euronext Paris

Retrieved on: 
Monday, September 25, 2023
Cosmetics, Retail, Fashion, Common stock, State, Article One, Communication, Inc., Markets in Financial Instruments Directive 2014, Financial Services and Markets Act 2000, Financial services, COTY, Telephone, Person, Coty, ECP, Finance, USD, Gross metropolitan product, Common, Cyprus Securities and Exchange Commission, Sale, Public expenditure, NYSE, BNP Paribas, EUR, Prospectus, European Economic Area, FX, Offering, Order, Form S-3, Citigroup, Relevance (Person of Interest), Form, United Kingdom, Security (finance), Investment banking, Coty Inc., Skin, Broadridge Financial Solutions, Property management, EU, Euronext Paris, Regulation

Coty has applied for the listing and trading of its Class A Common Stock (including the shares of Class A Common Stock to be issued pursuant to the Offering) (the “Paris Listing”) on the professional segment of Euronext Paris, which is subject to the approval of a listing prospectus (the “French Listing Prospectus”) by the Autorité des marchés financiers (the “AMF”).

Key Points: 
  • Coty has applied for the listing and trading of its Class A Common Stock (including the shares of Class A Common Stock to be issued pursuant to the Offering) (the “Paris Listing”) on the professional segment of Euronext Paris, which is subject to the approval of a listing prospectus (the “French Listing Prospectus”) by the Autorité des marchés financiers (the “AMF”).
  • The completion of the proposed Offering is subject to a number of conditions, including market and other conditions.
  • The Company intends to use the net proceeds from the Offering primarily to retire principal amount of outstanding debt.
  • Coty currently intends to manage its outstanding share count through discretionary settlement of one or more of its outstanding total return swaps.