TEP

Teleperformance Citizen of the World philanthropy programs benefitted nearly 225,000 vulnerable people in 2023

Retrieved on: 
Tuesday, March 26, 2024
CAC 40, Compartment, TEP, Environment, Empathy, Education, ESG, School, Student, CAC, Vaccination, Euronext Paris, Multimedia, Reuters

Over the past few years, people around the world have grappled with the impact of war and several natural disasters.

Key Points: 
  • Over the past few years, people around the world have grappled with the impact of war and several natural disasters.
  • Entire communities, schools, and families have suffered, and Teleperformance has worked closely with global and local organizations to provide aid and support .
  • Since its inception in 2006, the Teleperformance Citizen of the World program has made more than €70 million in cash and in-kind donations to help improve lives around the world, particularly vulnerable children and their families.
  • Teleperformance aided 46,000 people affected by the ongoing conflict in Sudan, through nutrition, vaccination and water sanitation programs for displaced children and families.

Prairie Acquiror LP Prices Offering of $400 Million of 9.00% Senior Secured Notes Due 2029

Retrieved on: 
Thursday, February 22, 2024
Energy, Utilities, Oil, Gas, Tallgrass Energy Partners, Regulation, TEP, Bank statement, Note, Partnership, Security (finance)

Prairie Acquiror LP (“Prairie Acquiror”), which owns, directly or indirectly, 100% of the ownership interests in Tallgrass Energy Partners, LP (“TEP”), announced today that it priced an offering of $400 million in aggregate principal amount of 9.00% senior secured notes due 2029 at an offering price equal to 100% of par (the “Notes Offering”).

Key Points: 
  • Prairie Acquiror LP (“Prairie Acquiror”), which owns, directly or indirectly, 100% of the ownership interests in Tallgrass Energy Partners, LP (“TEP”), announced today that it priced an offering of $400 million in aggregate principal amount of 9.00% senior secured notes due 2029 at an offering price equal to 100% of par (the “Notes Offering”).
  • The Notes Offering is expected to close March 6, 2024, subject to satisfaction of customary closing conditions.
  • The securities to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws.
  • Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include statements regarding the Notes Offering and the use of proceeds therefrom, including statements regarding the refinancing of Prairie Acquiror’s existing term loan credit facility.

Prairie Acquiror LP Announces Offering of $400 Million of Senior Secured Notes Due 2029

Retrieved on: 
Tuesday, February 20, 2024
Energy, Other Energy, Utilities, Oil, Gas, Tallgrass Energy Partners, Regulation, TEP, Bank statement, Note, Partnership, Security (finance)

Prairie Acquiror LP (“Prairie Acquiror”), which owns, directly or indirectly, 100% of the ownership interests in Tallgrass Energy Partners, LP (“TEP”), announced today that, subject to market conditions, it intends to offer $400 million aggregate principal amount of senior secured notes due 2029 in a private placement to eligible purchasers (the “Notes Offering”).

Key Points: 
  • Prairie Acquiror LP (“Prairie Acquiror”), which owns, directly or indirectly, 100% of the ownership interests in Tallgrass Energy Partners, LP (“TEP”), announced today that, subject to market conditions, it intends to offer $400 million aggregate principal amount of senior secured notes due 2029 in a private placement to eligible purchasers (the “Notes Offering”).
  • The securities to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws.
  • Disclosures in this press release contain forward-looking statements.
  • Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include statements regarding the Notes Offering and the use of proceeds therefrom, including statements regarding the refinancing of Prairie Acquiror’s existing term loan credit facility.

Bidgely to Demonstrate Power of AI for Enhanced Grid Management and Elevated Residential Energy Customer Experience at DistribuTECH 2024

Retrieved on: 
Tuesday, February 13, 2024
Other Energy, Software, Oil, Gas, Alternative Energy, Energy, Artificial Intelligence, Data Management, Technology, DER, NV Energy, Innovation, EV, Multimedia, EEI, AI, Intelligence, TEP, Conference, Senior, Customer, GPT, Organization, Electrification, Emerging technologies

Alongside fellow industry leaders, Bidgely will demonstrate how behind-the-meter intelligence is unlocking new opportunities for utilities.

Key Points: 
  • Alongside fellow industry leaders, Bidgely will demonstrate how behind-the-meter intelligence is unlocking new opportunities for utilities.
  • View the full release here: https://www.businesswire.com/news/home/20240213824890/en/
    Bidgely's behind-the-meter intelligence unlocks new opportunities for DER grid planning as well as customer-centric initiatives, including energy efficiency and EV load shifting.
  • Company leaders will also demonstrate the critical use of AI to enhance grid planning in conjunction with new distributed energy resources (DER), such as the detection and management of EV charging.
  • The session will include insights on the evolution of customer experience and the fundamental role of AI in up-leveling home energy management, TOU rates and EV strategies.

Fortis Inc. Reports Fourth Quarter & Annual 2023 Results

Retrieved on: 
Friday, February 9, 2024
ITC, UNS, File, Carbon, Transport, Electricity, Capital expenditure, Tucson Electric Power, Fortis, MISO, Arizona Corporation Commission, Growth, Investment, Retirement, Corporation, GAAP, Sale, FortisBC, UNS Energy, Safety, Depreciation, Coal, Legislation, GHG, FTS, Economic development, TEP, Renewable energy

ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2023 fourth quarter and annual financial results1.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2023 fourth quarter and annual financial results1.
  • On November 1, 2023, the sale of Aitken Creek closed for approximately $470 million including working capital and closing adjustments.
  • Adjusted net earnings attributable to common equity shareholders2 ("Adjusted Net Earnings") reflects results for Aitken Creek through the March 31, 2023 effective date.
  • For the fourth quarter of 2023, Adjusted Net Earnings were $350 million, or $0.72 per common share, comparable with the same period in 2022.

Tallgrass Energy Announces Expiration and Results of Its Tender Offer for Its 7.50% Senior Notes Due 2025

Retrieved on: 
Tuesday, January 23, 2024
Other Energy, Environment, Utilities, Sustainability, Alternative Energy, Energy, Debt-to-GDP ratio, Tender, Sale, Bank statement, TEP, Tender offer, BofA Securities, Security (finance)

The settlement date for Notes tendered pursuant to guaranteed delivery procedures is expected to be January 25, 2024.

Key Points: 
  • The settlement date for Notes tendered pursuant to guaranteed delivery procedures is expected to be January 25, 2024.
  • TEP’s obligation to accept and pay for the tendered Notes is conditioned on, among other things, the closing of the offering of the New Notes (the “Notes Offering”).
  • TEP has retained BofA Securities, Inc. to serve as the exclusive Dealer Manager for the Tender Offer.
  • This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes in the Tender Offer.

Tallgrass Energy Prices Upsized Offering of $800 Million of 7.375% Senior Notes Due 2029

Retrieved on: 
Tuesday, January 16, 2024
Alternative Energy, Energy, Other Energy, Oil, Gas, Tender, Partnership, Bank statement, Regulation, TEP, Tallgrass Energy Partners, Tender offer, Note, Security (finance)

Tallgrass Energy Partners, LP (“TEP”) announced today that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced an offering of $800 million in aggregate principal amount of 7.375% senior unsecured notes due 2029 at an offering price equal to 100% of par (the “Notes Offering”).

Key Points: 
  • Tallgrass Energy Partners, LP (“TEP”) announced today that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced an offering of $800 million in aggregate principal amount of 7.375% senior unsecured notes due 2029 at an offering price equal to 100% of par (the “Notes Offering”).
  • The size of the offering was increased from the previously announced $700 million to $800 million.
  • The Notes Offering is expected to close January 23, 2024, subject to satisfaction of customary closing conditions.
  • The Tender Offer is being made pursuant to an Offer to Purchase dated January 16, 2024.

TEP, UniSource Issue New All-Source Request for Proposals for Additional Energy Resources

Retrieved on: 
Tuesday, January 16, 2024
Alternative Energy, Energy, Environment, Sustainability, Utilities, CO2, Wind, TEP, Multimedia, Tucson Electric Power, Coal, Reach Out Worldwide, Electric power, Solar energy, IRP, UniSource Energy Services, Renewable energy

Tucson Electric Power (TEP) and UniSource Energy Services are seeking new generation facilities, energy storage systems and other resources such as energy efficiency through a joint all-source request for proposals (ASRFP) that seeks submissions by March 8, 2024.

Key Points: 
  • Tucson Electric Power (TEP) and UniSource Energy Services are seeking new generation facilities, energy storage systems and other resources such as energy efficiency through a joint all-source request for proposals (ASRFP) that seeks submissions by March 8, 2024.
  • “We’re looking for opportunities to add reliable, cost-effective resources to satisfy the growing energy needs in communities we serve,” said Susan Gray, President and Chief Executive Officer.
  • This could include new wind and solar generating systems and new energy efficiency initiatives, including demand response programs that reduce usage during periods of high energy demand.
  • UniSource’s 2023 IRP outlines the company’s plans to more than double its electric energy resources amid increasing resource constraints on the regional electric grid.

Tallgrass Energy Announces Offering of $700 Million of Senior Notes Due 2029

Retrieved on: 
Tuesday, January 16, 2024
Other Communications, Finance, Public Relations, Investor Relations, Other Energy, Oil, Gas, Communications, Professional Services, Coal, Alternative Energy, Energy, Tender, Partnership, Bank statement, Regulation, TEP, Tallgrass Energy Partners, Tender offer, Note, Security (finance)

Tallgrass Energy Partners, LP (“TEP”) announced today that, subject to market conditions, it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, intend to offer $700 million aggregate principal amount of senior unsecured notes due 2029 in a private placement to eligible purchasers (the “Notes Offering”).

Key Points: 
  • Tallgrass Energy Partners, LP (“TEP”) announced today that, subject to market conditions, it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, intend to offer $700 million aggregate principal amount of senior unsecured notes due 2029 in a private placement to eligible purchasers (the “Notes Offering”).
  • The Tender Offer is being made pursuant to an Offer to Purchase dated January 16, 2024.
  • The securities to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws.
  • Neither this press release nor anything contained herein shall constitute a notice of redemption for the 2025 Notes.

Tallgrass Energy Announces Tender Offer for Its 7.50% Senior Notes due 2025

Retrieved on: 
Tuesday, January 16, 2024
Environment, Oil, Gas, Sustainability, Coal, Alternative Energy, Energy, Tender, Partnership, Sale, Bank statement, TEP, Tender offer, BofA Securities, Security (finance)

Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following web address: https://www.gbsc-usa.com/tallgrass/ .

Key Points: 
  • Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following web address: https://www.gbsc-usa.com/tallgrass/ .
  • The Tender Offer is not conditioned upon any minimum amount of Notes being tendered.
  • TEP has retained BofA Securities, Inc. to serve as the exclusive Dealer Manager for the Tender Offer.
  • This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes in the Tender Offer and does not constitute a notice of redemption for the Notes.