CEBA

Cielo Announces Fiscal Q3 2024 Financial Results and Provides Update on its Progress to Fuel Renewable Change

Retrieved on: 
Thursday, March 28, 2024
ECCO, CFO, News, Expander, CMC, Public expenditure, CEBA, Carbon, Biomass, Bank statement, TCD, Biogas, Project, Economics, Renewable energy

CALGARY, Alberta, March 28, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low-carbon fuel from wood by-products, today announced its financial results for the three and nine months ended January 31, 2024, along with an update on the Company’s progress as Cielo fuels renewable change.

Key Points: 
  • CALGARY, Alberta, March 28, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low-carbon fuel from wood by-products, today announced its financial results for the three and nine months ended January 31, 2024, along with an update on the Company’s progress as Cielo fuels renewable change.
  • All financial information in this news release is reported in Canadian dollars, unless otherwise indicated.
  • "We believe the closing of the asset purchase transaction with Expander Energy during Q3 2024 represents a pivotal moment on our journey, positioning Cielo with an economically sustainable and market-ready solution.
  • Cielo has a clear line of sight to produce our net-zero carbon intensity Bio-SynDiesel®,” said Ryan Jackson, CEO of Cielo.

Clean Energy Buyers Alliance Names Energy Innovator Rich Powell as New CEO

Retrieved on: 
Monday, April 8, 2024
Congress, Growth, Climate, Economic development, Policy, Human, CEBA, Energy, Rich's, Rich, Collection, McKinsey & Company, General Motors, RMI, Renewable energy

WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.

Key Points: 
  • WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.
  • The Clean Energy Buyers Alliance is comprised of the Clean Energy Buyers Association (CEBA) and the Clean Energy Buyers Institute (CEBI).
  • Before leading ClearPath, Rich advised leading global clean energy consuming and producing firms in McKinsey & Company's energy and sustainability practices on clean energy procurement strategy, energy efficiency, and clean energy market entry.
  • "His deep understanding of new clean energy technologies, global energy market dynamics, and business models will help us further accelerate clean energy for all, particularly as our work expands globally."

Clean Energy Buyers Alliance Names Energy Innovator Rich Powell as New CEO

Retrieved on: 
Monday, April 8, 2024
Congress, Growth, Climate, Economic development, Policy, Human, CEBA, Energy, Rich's, Rich, Collection, McKinsey & Company, General Motors, RMI, Renewable energy

WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.

Key Points: 
  • WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.
  • The Clean Energy Buyers Alliance is comprised of the Clean Energy Buyers Association (CEBA) and the Clean Energy Buyers Institute (CEBI).
  • Before leading ClearPath, Rich advised leading global clean energy consuming and producing firms in McKinsey & Company's energy and sustainability practices on clean energy procurement strategy, energy efficiency, and clean energy market entry.
  • "His deep understanding of new clean energy technologies, global energy market dynamics, and business models will help us further accelerate clean energy for all, particularly as our work expands globally."

Equifax® Canada: Insolvencies Rise Amid Mounting Financial Stress on Canadian Businesses

Retrieved on: 
Tuesday, March 19, 2024
CEBA, Squeeze, Growth, Equifax Canada

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Many Canadian businesses are facing an uphill battle, as evidenced by a 41.4 per cent surge in business insolvencies in 2023 when compared to 2022. The latest data from Equifax® Canada’s Market Pulse Quarterly Business Credit Trends Report also points to a 14.3 per cent uptick in the number of businesses that missed a payment on a credit product (Q4 2023 vs. Q4 2022).

Key Points: 
  • One significant contributor to this mounting stress is the repayment of Canada Emergency Business Account (CEBA) loans.
  • “Canadian businesses are facing a perfect storm of economic pressures,” says Jeff Brown, Head of Commercial Solutions for Equifax Canada.
  • “The sharp rise in insolvencies, representing a 30.3 per cent surge since 2019, underscores the financial pressures faced by businesses.
  • “As always, we will monitor this closely and we will provide insights to help businesses respond to the ever-evolving market conditions.”

Expanding Renewable Energy Supply in High-Impact Markets, Equinix Executes Clean Energy Contract in Australia

Retrieved on: 
Wednesday, February 7, 2024
Interim, EQIX, Equinix, Wind, Sustainability, GHG, PPA, Professional, Electricity, CEBA, Renewable energy

The announcement signals a broader industry goal of bringing additional clean power to a region where conditions have traditionally been more challenging for executing renewable energy projects.

Key Points: 
  • The announcement signals a broader industry goal of bringing additional clean power to a region where conditions have traditionally been more challenging for executing renewable energy projects.
  • "Data center operators and other large corporate energy customers, like Equinix, have accelerated the clean energy transition by executing PPAs and other contracts that create long-term financial stability for developers of wind, solar and other clean energy resources.
  • PPAs are financial contracts that bring to market renewable energy projects, such as wind and solar farms, which increase access to clean energy in local energy grids.
  • In combination with other sustainability efforts, this is expected to bring Equinix to 100% renewable coverage across all of our operations globally."

Restaurants Canada Demands Extension to CEBA Loan Repayment Deadline

Retrieved on: 
Monday, January 8, 2024
Federal, Restaurant, Survival, Risk, Friends, Bankruptcy, Food, Face, Federation, CEBA, Bank

Toronto, Ontario, Jan. 08, 2024 (GLOBE NEWSWIRE) -- With just 10 days remaining until the Federal Government enforces the Canada Emergency Business Account (CEBA) loan repayment, Restaurants Canada is urgently calling for a last-minute extension to prevent the devastating consequences facing the foodservice industry.

Key Points: 
  • Toronto, Ontario, Jan. 08, 2024 (GLOBE NEWSWIRE) -- With just 10 days remaining until the Federal Government enforces the Canada Emergency Business Account (CEBA) loan repayment, Restaurants Canada is urgently calling for a last-minute extension to prevent the devastating consequences facing the foodservice industry.
  • Despite the best efforts made by Restaurants Canada, the Federal Government has declined to extend the CEBA loan repayment deadline of January 18th, 2024.
  • A startling survey of the industry reveals that 1 in 5 restaurants with a CEBA loan are now on the brink of closing one or more of their locations.
  • If what the industry is telling us comes to fruition, Canadian communities will lose something very special, simply because of an arbitrary deadline.”
    Restaurants Canada strongly urges the Federal Government to reconsider their decision and provide an extension to the CEBA loan repayment deadline.

Not good enough for Canada’s Restaurant Industry

Retrieved on: 
Tuesday, November 21, 2023
Optimism, Growth, Restaurant, Government, CEBA, Food, Food delivery

The government has missed an opportunity to implement sector-specific support for the restaurant industry, which was the hardest hit by the pandemic.

Key Points: 
  • The government has missed an opportunity to implement sector-specific support for the restaurant industry, which was the hardest hit by the pandemic.
  • The industry does not want a handout, but rather they need more time for recovery and without more government support, the foodservice industry is running out of runway.
  • And finally, we are calling on the Government to implement a pilot for a dedicated immigration stream for the hospitality industry.
  • The economic recovery journey is a long one, and while most of the economy has moved on from the pandemic, the restaurant industry has a long way to go.

The Granular Certificate Trading Alliance, Led by LevelTen Energy and in Collaboration with AES, Constellation, Google, and Microsoft, Forms to Build a Critical Solution, with ICE, to Decarbonize the Grid

Retrieved on: 
Thursday, December 14, 2023
Other Energy, Utilities, Sustainability, Environment, Alternative Energy, Energy, Technology, Other Technology, Constellation, Carbon, Sale, Environmental Product Declaration, GC, Corporation, Risk management, Federation, ICE, GOS, GCS, EAC, Intercontinental Exchange, Multimedia, Allen County, Indiana, Wind, Guarantee of origin, Professional, Partnership, CFE, Electricity, Climate change mitigation, Microsoft, CEBA, Registry, AES, Cryptocurrency, Renewable energy, Perfume

As the solution scales, it will accelerate the energy transition by helping to decarbonize electric grids.

Key Points: 
  • As the solution scales, it will accelerate the energy transition by helping to decarbonize electric grids.
  • View the full release here: https://www.businesswire.com/news/home/20231214579198/en/
    Corporate clean energy procurements have skyrocketed over the past 10 years, making annual commitments to match consumption with 100% renewable energy commonplace.
  • However, annual EACs come with an inherent challenge: incentivizing carbon-free energy production during dark or windless hours in the absence of an hourly market signal.
  • LevelTen Energy: “The GC Trading Alliance is tackling the next challenge for the energy transition, which is driving carbon-emitting resources off the grid at all hours.

Merchant Growth Secures $300 Million Forward Flow Facility with Fortress Investment Group to Refinance CEBA Loans

Retrieved on: 
Wednesday, December 6, 2023
Fortress Investment Group, Federation, Growth, Partnership, Fortification, Forgiveness, CEBA, Face, Bank

VANCOUVER, BC, Dec. 6, 2023 /CNW/ - Merchant Growth, a leading provider of financing for small businesses, is proud to announce a $300 million forward flow facility provided by funds managed by affiliates of Fortress Investment Group LLC ("Fortress") with Raymond James serving as the financial advisor to Merchant Growth Ltd.

Key Points: 
  • VANCOUVER, BC, Dec. 6, 2023 /CNW/ - Merchant Growth, a leading provider of financing for small businesses, is proud to announce a $300 million forward flow facility provided by funds managed by affiliates of Fortress Investment Group LLC ("Fortress") with Raymond James serving as the financial advisor to Merchant Growth Ltd.
  • This facility supports Merchant Growth's plan to refinance thousands of Canada Emergency Business Account (CEBA) loans, enabling small businesses to capitalize on the partial debt forgiveness opportunity offered by the federal government.
  • Small businesses will be able to leverage funding via Merchant Growth to refinance their CEBA obligations, therein benefiting from the government's forgiveness offering.
  • "Fortress Investment Group is excited to collaborate with Merchant Growth in providing essential funding needs for small businesses.

A Global Turning Point: Unprecedented Industry Collaboration Paves Way for Decarbonization of Supply Chains

Retrieved on: 
Wednesday, October 25, 2023
Other Transport, Other Retail, Transport, Professional Services, DEI (Diversity, Equity and Inclusion), Environmental, Social and Governance (ESG), Logistics, Supply Chain Management, Retail, Stern Global Programs, Policy, Biodiversity, Education, Sustainability, Temperature, Meta, PepsiCo, Communes of Burundi, Nigerian Business Coalition Against AIDS, Carbon, Organization, CEBA, REI, Nike, Carbon accounting, Global Sustainability Assessment System, Environment, Transformation, Climate change, Curriculum, Apple, Google.org, Drought, Renewable energy, Amazon

In an industry first, leading corporate energy customers came together to launch the Clean Energy Procurement Academy to equip companies with the technical readiness to explore and adopt clean energy, an essential factor in global decarbonization.

Key Points: 
  • In an industry first, leading corporate energy customers came together to launch the Clean Energy Procurement Academy to equip companies with the technical readiness to explore and adopt clean energy, an essential factor in global decarbonization.
  • “To address the climate crisis, we need to act quickly to expand access to clean energy around the world.
  • Businesses can help drive that change,” said Sarah Chandler, Apple’s Vice President of Environment and Supply Chain Innovation.
  • Through the collaborative efforts of these corporations and suppliers, the initiative aims to rapidly advance clean energy procurement, address Scope 3 emissions, and decarbonize global supply chains.