Riverstone Holdings

Notice of Pendency of Class Action Involving All Persons and Entities who Held Shares of Alta Mesa Silver Run II Common Stock and Purchased or Otherwise Acquired Securities of Alta Mesa / Silver Run II

Retrieved on: 
Monday, April 8, 2024

IN RE ALTA MESA RESOURCES, INC.

Key Points: 
  • IN RE ALTA MESA RESOURCES, INC.
    TO: (1) ALL PERSONS AND ENTITIES WHO HELD SHARES OF ALTA MESA (SILVER RUN II) COMMON STOCK AND/OR SILVER RUN II UNITS ON JANUARY 22, 2018; AND (2) ALL PERSONS AND ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED SECURITIES OF ALTA MESA / SILVER RUN II FROM AUGUST 16, 2017 THROUGH MAY 17, 2019, INCLUSIVE (THE "CLASS PERIOD").
  • THIS NOTICE IS NOT A SETTLEMENT NOTICE AND YOU ARE NOT BEING ASKED TO SUBMIT A CLAIM AT THIS TIME.
  • HOWEVER, IF YOU ARE A MEMBER OF THE CLASS, YOUR RIGHTS WILL BE AFFECTED BY THIS ACTION.
  • This is a securities class action against Defendants for alleged violations of the federal securities laws.

Labaton Keller Sucharow LLP and Entwistle & Cappucci LLP Announce Notice of Pendency of Stockholder Class Actions and Proposed Settlement for All Record and Beneficial Owners of Pattern Energy Group Inc. Common Stock as of March 16, 2020

Retrieved on: 
Monday, March 18, 2024

If you have not yet received the Notice, you may obtain a copy of the Notice by contacting the Settlement Administrator at Pattern Energy Group Inc.

Key Points: 
  • If you have not yet received the Notice, you may obtain a copy of the Notice by contacting the Settlement Administrator at Pattern Energy Group Inc.
  • Eligible Class Members do not have to submit a claim form to receive a payment from the Settlement.
  • Please do not contact the Court of Chancery or the Office of the Register in Chancery regarding this notice.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to the Settlement Administrator or Plaintiffs' Counsel.

Pattern Energy Closes $11 Billion Financing of Largest Clean Energy Infrastructure Project in U.S. History

Retrieved on: 
Wednesday, December 27, 2023

Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, which together is the largest clean energy infrastructure project in U.S. history.

Key Points: 
  • Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, which together is the largest clean energy infrastructure project in U.S. history.
  • “Our hope is this successful financing of the largest clean energy infrastructure project in American history serves as an example for other ambitious renewable infrastructure initiatives that are needed to accelerate our transition to a carbon free future,” said Hunter Armistead, CEO of Pattern Energy.
  • “We are very grateful to all of our financial partners who are backing SunZia as part of this record-setting project financing.
  • SunZia Transmission and Pattern Energy have partnered with the New Mexico Renewable Energy Transmission Authority (RETA) on the development of the transmission project in New Mexico.

Hammerhead Energy Inc. Enters into Agreement to be Acquired by Crescent Point Energy Corp.

Retrieved on: 
Monday, November 6, 2023

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead") (TSX: HHRS ; NASDAQ: HHRS) is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Crescent Point Energy Corp. (“Crescent Point”) (TSX: CPG ; NYSE: CPG) pursuant to which Crescent Point has agreed to acquire all of the issued and outstanding Class A common shares of Hammerhead ("Hammerhead Shares") for total consideration of C$21.00 per Hammerhead Share (the "Purchase Price").

Key Points: 
  • CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead") (TSX: HHRS ; NASDAQ: HHRS) is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Crescent Point Energy Corp. (“Crescent Point”) (TSX: CPG ; NYSE: CPG) pursuant to which Crescent Point has agreed to acquire all of the issued and outstanding Class A common shares of Hammerhead ("Hammerhead Shares") for total consideration of C$21.00 per Hammerhead Share (the "Purchase Price").
  • The delivery of superior operational and financial results for all shareholders is a testament to our management team partners and all Hammerhead employees.”
    Attractive Value for Hammerhead Shareholders.
  • Hammerhead has also granted Crescent Point a right-to-match any superior proposal and will pay a termination fee of C$85 million to Crescent Point if the Arrangement Agreement is terminated in certain circumstances.
  • Crescent Point has also agreed to pay a termination fee of C$85 million to Hammerhead if the Arrangement Agreement is terminated in certain circumstances.

Crescent Point Transforms Portfolio with Strategic Alberta Montney Consolidation

Retrieved on: 
Monday, November 6, 2023

“This strategic consolidation is an integral part of our overall portfolio transformation,” said Craig Bryksa, President and CEO of Crescent Point.

Key Points: 
  • “This strategic consolidation is an integral part of our overall portfolio transformation,” said Craig Bryksa, President and CEO of Crescent Point.
  • Establishes Dominant Position in the Alberta Montney with 350,000 Net Acres of Contiguous Land Providing Synergies: The Transaction is accretive to Crescent Point’s portfolio and allows the Company to consolidate approximately 105,000 net acres of land with Montney rights, directly adjacent to its existing Alberta Montney position at Gold Creek and Karr.
  • Increases Premium Drilling Inventory to Over 20 Years: Adds approximately 800 net Montney drilling locations, further bolstering Crescent Point’s short-cycle asset portfolio.
  • The following graphic shows the acquired assets in relation to Crescent Point’s existing land position in the Alberta Montney.

Infinitum Secures $185 Million Series E Funding Led by Just Climate to Catalyze Industrial Decarbonization with High-Efficiency, Sustainable Motors

Retrieved on: 
Wednesday, November 1, 2023

Infinitum , creator of the sustainable air-core motor, today announced $185 million in Series E funding led by Just Climate with participation from Galvanize Climate Solutions and NGP.

Key Points: 
  • Infinitum , creator of the sustainable air-core motor, today announced $185 million in Series E funding led by Just Climate with participation from Galvanize Climate Solutions and NGP.
  • In the US industrial sector, motors alone consume nearly 70% of total electricity used to power numerous core industrial applications, such as compressors, pumps, fans and material processing and handling equipment.
  • Manufacturing and servicing Infinitum motors is less carbon intensive than traditional motors and the motor’s modular design allows components to be reused multiple times.
  • Evercore acted as the exclusive placement agent for Infinitum in connection with this capital raise.

Pipestone Announces That ISS Reaffirms Recommendation That Shareholders Vote “FOR” Proposed Combination With Strathcona to Create a Leading Canadian Energy Producer; ISS Says Dissident’s Arguments “Do Not Appear Well Supported”

Retrieved on: 
Wednesday, September 20, 2023

Shareholders of Pipestone (“Shareholders”) should not be distracted by GMT’s flawed and misleading arguments.

Key Points: 
  • Shareholders of Pipestone (“Shareholders”) should not be distracted by GMT’s flawed and misleading arguments.
  • As Pipestone has outlined in detail, the dissident circular of US-based GMT is rife with flawed assumptions and misleading arguments against this value-creating transaction.
  • The recommendations that Shareholders vote “FOR” the Arrangement by the independent proxy advisory firms ISS and Glass Lewis underscore the Board’s recommendation.
  • The Board of Pipestone has approved the Arrangement and recommends that Shareholders vote FOR the Arrangement at the Meeting.

Pipestone Announces That ISS and Glass Lewis Recommend Shareholders Vote “for” Proposed Combination With Strathcona to Create a Leading Canadian Energy Producer, and Sets Record Straight on Flawed and Misleading Arguments by GMT

Retrieved on: 
Monday, September 18, 2023

Pipestone also wishes to set the record straight on the flawed assumptions and misleading arguments made by Atlanta, Georgia-based GMT Capital Corp. (“GMT”) against this value-creating transaction.

Key Points: 
  • Pipestone also wishes to set the record straight on the flawed assumptions and misleading arguments made by Atlanta, Georgia-based GMT Capital Corp. (“GMT”) against this value-creating transaction.
  • It was clear to the independent and unconflicted members of the Special Committee that the Strathcona proposal was in the best interests of the Shareholders.
  • The recommendations that Shareholders vote “FOR” the Arrangement by the independent proxy advisory firms ISS and Glass Lewis underscore the Board’s recommendation.
  • The Board of Pipestone has approved the Arrangement and recommends that Shareholders vote FOR the Arrangement at the Meeting.

Galvanize Climate Solutions Closes Over $1 Billion for First Venture and Growth Equity Fund

Retrieved on: 
Thursday, September 14, 2023

Galvanize Climate Solutions (“Galvanize”), a global climate-focused investment firm, today announced the final close of its Innovation + Expansion Fund (“the Fund”) at over $1 billion.

Key Points: 
  • Galvanize Climate Solutions (“Galvanize”), a global climate-focused investment firm, today announced the final close of its Innovation + Expansion Fund (“the Fund”) at over $1 billion.
  • With commitments from a diverse set of institutional investors, including leading endowments, foundations and family offices, the Fund is one of the largest climate venture funds raised to date.
  • The Fund targets investments in early- to growth- stage climate companies that drive timely decarbonization, providing both capital as well as interdisciplinary resources to help accelerate the path to commercial scale.
  • Founded by seasoned investors with decades of collective experience working in the climate ecosystem, Galvanize is purpose-built to scale the defining climate companies of our generation.

HBSCNY Appoints Four New Board Members

Retrieved on: 
Tuesday, August 15, 2023

NEW YORK, Aug. 15, 2023 /PRNewswire/ -- The Harvard Business School Club of New York (HBSCNY) announces the appointment of four new board members.

Key Points: 
  • NEW YORK, Aug. 15, 2023 /PRNewswire/ -- The Harvard Business School Club of New York (HBSCNY) announces the appointment of four new board members.
  • She was also a member of the Alumni Board of the Harvard Business School.
  • Sejal is a board member of Vishay Precision Group, a fellow for the Aspen Institute, chief growth officer of Now, and has been involved with the Global Alumni Board at the HBS since 2017.
  • The Club's four newest board members have joined over three dozen alumni on our current board.