Terna Group

TERNA SIGNS JOINT DEVELOPMENT AGREEMENT WITH MERIDIAM AND BOUNDLESS ENERGY FOR THE DEVELOPMENT OF BUSINESS IN THE USA

Retrieved on: 
Monday, October 24, 2022

ROME, Oct. 24, 2022 /PRNewswire/ -- Terna USA, the recently founded new company of the Terna Group, Meridiam and Boundless Energy have signed a Joint Development Agreement aimed at joint business ventures in the United States in the electricity-transmission field.

Key Points: 
  • The partnership will benefit from a unique expertise of the Terna Group and Meridiam, combined with the technical background and portfolio of projects already developed by Boundless Energy
    ROME, Oct. 24, 2022 /PRNewswire/ -- Terna USA, the recently founded new company of the Terna Group, Meridiam and Boundless Energy have signed a Joint Development Agreement aimed at joint business ventures in the United States in the electricity-transmission field.
  • Meridiam is an independent investment Benefit Corporation under French law that has over US$ 18 billion of assets under management.
  • Meridiam recently closed the first ever sub sea electricity transmission link between the United Kingdom and Germany in Europe.
  • In fact, Boundless Energy has successfully managed the development and implementation of "Neptune", a 40 km undersea connection between New Jersey and Long Island, which went live in 2005.

TERNA JOINS MIT ENERGY INITIATIVE (MITEI) TO DRIVE THE ENERGY TRANSITION FORWARD

Retrieved on: 
Friday, July 1, 2022

ROME and CAMBRIDGE, Mass., July 1, 2022 /PRNewswire/ -- The Terna Group, one of the leading European and global electricity transmission operators, will become a member of the MIT Energy Initiative (MITEI), MIT's hub for energy research, education, and outreach. The Italian company, starting July 1, will be the first transmission and system operator to become a MITEI member. This collaboration represents a further step for Terna in strengthening its key role in driving the energy transition and achieving the decarbonization targets set in the European Green Deal.

Key Points: 
  • This collaboration represents a further step for Terna in strengthening its key role in driving the energy transition and achieving the decarbonization targets set in the European Green Deal.
  • "We are honored to join the MIT Energy Initiative and bring Terna's contribution and expertise to MITEI's Future Energy Systems Center," said Stefano Donnarumma, CEO of the Terna Group.
  • "We are grateful to have Terna as a Member of MITEI's Future Energy Systems Center," said Robert C. Armstrong, MITEI director and the Chevron Professor of Chemical Engineering at MIT.
  • "Terna will bring important transmission and electricity system operation wisdom and experience to this consortium, which will help us accelerate progress towards the energy transition."

Baker Hughes to Provide Hydrogen-Ready Turbo-Compression Technology for Pipeline in Greece

Retrieved on: 
Thursday, March 31, 2022

Baker Hughes will provide three compression trains for a total of three NovaLT12 hydrogen-ready gas turbines and three PCL compressors .

Key Points: 
  • Baker Hughes will provide three compression trains for a total of three NovaLT12 hydrogen-ready gas turbines and three PCL compressors .
  • For this project, the technology has been designed to support the compression station with the capability to transport up to 10% hydrogen.
  • This latest order builds on Baker Hughes extensive experience in developing and supplying turbomachinery equipment to compress, transport and utilize hydrogen.
  • Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide.

DGAP-News: PNE AG: Annual General Meeting approves dividend

Retrieved on: 
Wednesday, May 19, 2021

b'The issuer is solely responsible for the content of this announcement.\nCuxhaven, May 19, 2021 - The Annual General Meeting of the international project developer PNE AG took place on May 19, 2021 as a virtual Annual General Meeting, without the physical presence of shareholders or their proxies.\nThe shareholders gave their clear approval to the proposed resolution on the ratification of the actions of Executive Board members Markus Lesser (CEO) and J\xc3\xb6rg Klowat (CFO).

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\nCuxhaven, May 19, 2021 - The Annual General Meeting of the international project developer PNE AG took place on May 19, 2021 as a virtual Annual General Meeting, without the physical presence of shareholders or their proxies.\nThe shareholders gave their clear approval to the proposed resolution on the ratification of the actions of Executive Board members Markus Lesser (CEO) and J\xc3\xb6rg Klowat (CFO).
  • The shareholders also resolved by a clear majority to approve the actions of the Supervisory Board.
  • Based on this success, the Group has developed into a "clean energy solutions provider".
  • In addition to wind energy, the Company now offers photovoltaics, electricity storage, service products and the supply of clean electricity.

Randon Reports First Quarter 2021 Results

Retrieved on: 
Thursday, May 13, 2021

b'CAXIAS DO SUL, Brazil, May 13, 2021 /PRNewswire/ -- Randon S.A Implementos e Participaes (B3 - RAPT3 and RAPT4), which operates within the segments of trailers, auto parts and services, reports its results for the first quarter of 2021 (1Q2021), ended in March 31, 2021.

Key Points: 
  • b'CAXIAS DO SUL, Brazil, May 13, 2021 /PRNewswire/ -- Randon S.A Implementos e Participaes (B3 - RAPT3 and RAPT4), which operates within the segments of trailers, auto parts and services, reports its results for the first quarter of 2021 (1Q2021), ended in March 31, 2021.
  • The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with the international standards of IFRS International Financial Reporting Standards and the monetary values are denominated in Reais.\nThe main highlights of the 1Q2021 are as follows:\n1Q21 Consolidated Net Revenue is R$ 1.9 billion, 63.8% higher than the revenue achieved in 1Q20 (R$ 1.2 billion);\n1Q21 Consolidated EBITDA is R$ 349.3 million, with EBITDA margin of 18.3% and 1Q21 Adjusted EBITDA of R$ 334.1 million, with adjusted EBITDA margin of 17.5%.\n1Q21 Net Income is R$ 134.1 million, and net margin of 7.0%, as compared to net income of R$ 3.0 million in 1Q20.\nThe webcasting presentation of the company will be available at:\n'

Nortech Systems Announces First Quarter 2021 Results

Retrieved on: 
Thursday, May 13, 2021

Gross margin for the first quarter of 2021 was 7.1% compared to 11.0% in 2020, a decline of 3.9 percentage points.

Key Points: 
  • Gross margin for the first quarter of 2021 was 7.1% compared to 11.0% in 2020, a decline of 3.9 percentage points.
  • Net loss for first quarter 2021 was ($1.6) million and ($0.58) per diluted share compared to a net income of $0.1 million and $0.05 per diluted share in first quarter 2020.
  • Adjusted EBITDA was a loss of ($1.5) million in first quarter 2021 compared to net income of $1.0 million in first quarter 2020.\n"The first quarter of 2021 was a significant challenge for Nortech, especially in January and February.
  • Nortech strives to be a premier workplace that fosters valued relationships internally and in our communities.\nAbout Nortech Systems Incorporated Nortech Systems is a leading provider of design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies, and components.

Lleida.net earned 475% more in the first quarter 2021

Retrieved on: 
Monday, April 19, 2021

b'MADRID, April 19, 2021 /PRNewswire/ --Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) earned 475 per cent more in the first quarter of 2021 than in the same period last year.\nDriven by sales of its SaaS line, the Spanish listed company turned over 3.98 million, earned 391,000, and posted an Ebidta increase of 46 per cent year-over-year.\n"Never in the company\'s history have we shown such positive results as in this first quarter of the year.

Key Points: 
  • b'MADRID, April 19, 2021 /PRNewswire/ --Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) earned 475 per cent more in the first quarter of 2021 than in the same period last year.\nDriven by sales of its SaaS line, the Spanish listed company turned over 3.98 million, earned 391,000, and posted an Ebidta increase of 46 per cent year-over-year.\n"Never in the company\'s history have we shown such positive results as in this first quarter of the year.
  • Lleida.net is in an ideal situation to face the challenges of business digitalization in the coming years," explained Sisco Sapena, CEO and founder of the company.\nThe main factor behind this success has been the 46 per cent increase over the first quarter of 2020 in the turnover of the SaaS line, which includes its certified eNotification, eContracting and eSignature services.\nIn this quarter, the company sold SaaS services worth more than 1.5 million euros.\nThe company expects that this product line, in which it is already a European benchmark, will account for more than 50 per cent of its revenues this year.\nIn the past year, the company\'s sales mix has changed, driven by the digitalization of customers brought about by the COVID-19 pandemic.\nThe acceleration of the digitalization processes, derived from the health emergency, and the implementation of essential projects signed in previous years, is consolidating Lleida.net\'s commitment to SaaS technology.\nDuring the period, compared to the same quarter of the previous year, the company\'s Ebitda has grown precisely by 46%, up to 620,000 euros, and now records 17 quarters with positive Ebitda.\nLikewise, for the fifth consecutive quarter, the accounts show a net financial debt below the company\'s cash flow, with 5.6 million euros available, which allows the company to face future business challenges with peace of mind.\nLleida.net continues working on its goal of becoming a world-class player in the eSignature, eNotification and eContracting industry, and betting on innovation, internationalization and intellectual property as the pillars of its strategy.\nThe company\'s Board of Directors has already agreed, a few weeks ago, to submit to the General Shareholders\' Meeting a 25 per cent increase in this year\'s dividends.\nThe company also continues to invest in internationalization.
  • In January of this year, it opened a subsidiary in Dubai to gain a solid foothold in the Middle East and North African market.\nMore than 60 countries have awarded Lleida.net 203 patents for its methods.
  • The corporation has currently final clients in 160 countries.\nIn terms of workforce, Lleida.net\'s workforce has grown by 18% year-over-year.\nThe incorporation of new talent to consolidate the company\'s R&D, as well as the opening of new markets in Europe and EMEA, has been critical to the company\'s results.\nSimilarly, R&D activations have increased by 15% compared to the last quarter of 2020, up to 193,000 euros.\nLleida.net is already the European leader in the field of registered electronic notification and contracting.\nIts stocks trade on the OTCQX Best Market index inNew York, Euronext Growth inParisand BME Growth inMadrid.\nEarning results presentation for 1Q2021 can be downloaded here: https://investors.lleida.net/docs/en/20210419_HRelev.pdf\nInvestors can download the company\'s Investment Deck at the following link: https://investors.lleida.net/docs/2020-estimated-results.pdf\n'

Lleida.net earned 475% more in the first quarter 2021

Retrieved on: 
Monday, April 19, 2021

b'MADRID, April 19, 2021 /PRNewswire/ --Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) earned 475 per cent more in the first quarter of 2021 than in the same period last year.\nDriven by sales of its SaaS line, the Spanish listed company turned over 3.98 million, earned 391,000, and posted an Ebidta increase of 46 per cent year-over-year.\n"Never in the company\'s history have we shown such positive results as in this first quarter of the year.

Key Points: 
  • b'MADRID, April 19, 2021 /PRNewswire/ --Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) earned 475 per cent more in the first quarter of 2021 than in the same period last year.\nDriven by sales of its SaaS line, the Spanish listed company turned over 3.98 million, earned 391,000, and posted an Ebidta increase of 46 per cent year-over-year.\n"Never in the company\'s history have we shown such positive results as in this first quarter of the year.
  • Lleida.net is in an ideal situation to face the challenges of business digitalization in the coming years," explained Sisco Sapena, CEO and founder of the company.\nThe main factor behind this success has been the 46 per cent increase over the first quarter of 2020 in the turnover of the SaaS line, which includes its certified eNotification, eContracting and eSignature services.\nIn this quarter, the company sold SaaS services worth more than 1.5 million euros.\nThe company expects that this product line, in which it is already a European benchmark, will account for more than 50 per cent of its revenues this year.\nIn the past year, the company\'s sales mix has changed, driven by the digitalization of customers brought about by the COVID-19 pandemic.\nThe acceleration of the digitalization processes, derived from the health emergency, and the implementation of essential projects signed in previous years, is consolidating Lleida.net\'s commitment to SaaS technology.\nDuring the period, compared to the same quarter of the previous year, the company\'s Ebitda has grown precisely by 46%, up to 620,000 euros, and now records 17 quarters with positive Ebitda.\nLikewise, for the fifth consecutive quarter, the accounts show a net financial debt below the company\'s cash flow, with 5.6 million euros available, which allows the company to face future business challenges with peace of mind.\nLleida.net continues working on its goal of becoming a world-class player in the eSignature, eNotification and eContracting industry, and betting on innovation, internationalization and intellectual property as the pillars of its strategy.\nThe company\'s Board of Directors has already agreed, a few weeks ago, to submit to the General Shareholders\' Meeting a 25 per cent increase in this year\'s dividends.\nThe company also continues to invest in internationalization.
  • In January of this year, it opened a subsidiary in Dubai to gain a solid foothold in the Middle East and North African market.\nMore than 60 countries have awarded Lleida.net 203 patents for its methods.
  • The corporation has currently final clients in 160 countries.\nIn terms of workforce, Lleida.net\'s workforce has grown by 18% year-over-year.\nThe incorporation of new talent to consolidate the company\'s R&D, as well as the opening of new markets in Europe and EMEA, has been critical to the company\'s results.\nSimilarly, R&D activations have increased by 15% compared to the last quarter of 2020, up to 193,000 euros.\nLleida.net is already the European leader in the field of registered electronic notification and contracting.\nIts stocks trade on the OTCQX Best Market index inNew York, Euronext Growth inParisand BME Growth inMadrid.\nEarning results presentation for 1Q2021 can be downloaded here: https://investors.lleida.net/docs/en/20210419_HRelev.pdf\nInvestors can download the company\'s Investment Deck at the following link: https://investors.lleida.net/docs/2020-estimated-results.pdf\n'

Hubbell Declares Regular Quarterly Dividend

Retrieved on: 
Friday, January 29, 2021

SHELTON, CT, Jan. 29, 2021 (GLOBE NEWSWIRE) -- The Board of Directors ofHubbell Incorporated(NYSE: HUBB) today declared a regular quarterly dividend of$0.98 per share on the Company's common stock.

Key Points: 
  • SHELTON, CT, Jan. 29, 2021 (GLOBE NEWSWIRE) -- The Board of Directors ofHubbell Incorporated(NYSE: HUBB) today declared a regular quarterly dividend of$0.98 per share on the Company's common stock.
  • The dividend will be paid on March 15, 2021 to shareholders of record on February 26, 2021.
  • Hubbell Incorporatedis an international manufacturer of high quality, reliable electrical and utility solutions for a broad range of customer and end market applications.
  • With 2019 revenues of$4.6 billion,Hubbell Incorporatedoperates manufacturing facilities inthe United Statesand around the world.

Edison International Raises Common Stock Dividend 3.92%; 17th Consecutive Annual Increase

Retrieved on: 
Friday, December 11, 2020

Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.6625 per share, payable on Jan. 31, 2021, to shareholders of record on Dec. 31, 2020.

Key Points: 
  • Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.6625 per share, payable on Jan. 31, 2021, to shareholders of record on Dec. 31, 2020.
  • The 2021 annual dividend rate will be $2.65 per share, an increase of 3.92% from the current annual dividend rate of $2.55 per share.
  • We are pleased to raise the EIX dividend for the seventeenth consecutive year.
  • Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California.