O&M

IDACORP, Inc. Announces Third Quarter 2023 Results, Increases Bottom-End 2023 Earnings Guidance

Retrieved on: 
Thursday, November 2, 2023

Usage per customer decreased operating income by $17.2 million in the third quarter of 2023 compared with the third quarter of 2022.

Key Points: 
  • Usage per customer decreased operating income by $17.2 million in the third quarter of 2023 compared with the third quarter of 2022.
  • Depreciation expense increased $4.9 million in the third quarter of 2023 compared with the third quarter of 2022, due primarily to an increase in plant-in-service.
  • Lower wholesale power purchase volumes and prices decreased Idaho Power's net power supply expenses in the third quarter of 2023 compared with the third quarter of 2022.
  • Non-operating expense, net, increased $0.5 million in the third quarter of 2023 compared with the third quarter of 2022.

American Water Reports Strong Third Quarter 2023 Results; Affirms 2023 Guidance; Announces 2024 EPS Guidance and Capital Investment Plans; Affirms Long-Term Growth Targets

Retrieved on: 
Wednesday, November 1, 2023

The company affirms its 2023 earnings per share guidance range of $4.72 to $4.82, on a weather-normalized basis.

Key Points: 
  • The company affirms its 2023 earnings per share guidance range of $4.72 to $4.82, on a weather-normalized basis.
  • All statements related to earnings and earnings per share refer to diluted earnings and earnings per share.
  • Depreciation expense was higher by $13 million and $42 million in the same periods, respectively, due to the growing capital investment.
  • The conference call to discuss third quarter 2023 earnings, 2024 earnings guidance, and long-term targets will take place on Thursday, November 2, 2023, at 9 a.m. Eastern Daylight Time.

Cypress Creek Renewables Selects Sitetracker to Enhance Solar and Storage Operations

Retrieved on: 
Thursday, November 2, 2023

 DURHAM, N.C. and MONTCLAIR, N.J., Nov. 2, 2023 /PRNewswire/ -- Cypress Creek Renewables and Sitetracker are pleased to announce today a partnership whereby Cypress Creek will utilize Sitetracker's leading deployment operations management software platform to add further speed, efficiencies and visibility across the company's core operations including its development, Project Execution and O&M teams.

Key Points: 
  • Cypress Creek to employ Sitetracker across its development, Project Execution and O&M teams for added speed, efficiency, and visibility across the entire company under a single, unified software platform
    DURHAM, N.C. and MONTCLAIR, N.J., Nov. 2, 2023 /PRNewswire/ -- Cypress Creek Renewables and Sitetracker are pleased to announce today a partnership whereby Cypress Creek will utilize Sitetracker's leading deployment operations management software platform to add further speed, efficiencies and visibility across the company's core operations including its development, Project Execution and O&M teams.
  • "Cypress Creek is delighted to partner with Sitetracker to meet the management software needs of our company's continued growth," Sarah Slusser, CEO of Cypress Creek said.
  • "Sitetracker is thrilled to support Cypress Creek's growth plans, centered around its mission of powering a sustainable future, one project at a time.
  • "It is an exciting time to participate in the renewables and telecommunications industries on a global basis, working with companies such as Cypress Creek that are deploying significant capital across large asset bases in a desire to expedite a cleaner and more connected world."

Leon Wang from Huawei: Net5.5G-oriented Products Will Be Launched in 2024, Inspiring New Business Growth of Carriers

Retrieved on: 
Tuesday, October 31, 2023

At UBBF 2023, Leon Wang, President of Huawei Data Communication Product Line, delivered a keynote speech titled "Bring Net5.5G to Reality, Inspire New Growth."

Key Points: 
  • At UBBF 2023, Leon Wang, President of Huawei Data Communication Product Line, delivered a keynote speech titled "Bring Net5.5G to Reality, Inspire New Growth."
  • He went on to explain that by supporting ubiquitous 10 Gbps connections, elastic ultra-broadband transport, and autonomous network self-optimization, Net5.5G will drive new business growth for carriers.
  • Emerging new applications are proving hard for traditional static services, experience-based OAM, and 1 Gbps broadband access to deal with.
  • Wang pointed out that home broadband, mobile broadband, enterprise campus, and enterprise private line will need an upgrade to 10 Gbps.

MHI Receives Order for Two Automated People Mover (APM) Systems at Orlando International Airport

Retrieved on: 
Tuesday, October 31, 2023

- Order follows new APM system delivery and APM replacement work completed in 2018, putting MHI APMs on all routes at MCO.

Key Points: 
  • - Order follows new APM system delivery and APM replacement work completed in 2018, putting MHI APMs on all routes at MCO.
  • - MHI Group's worldwide offices closely collaborate with one another to provide a complete range of high-added-value services, from APM systems to O&M
    TOKYO, Oct 31, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for the replacement of two existing Automated People Mover (APM)* lines at Orlando International Airport (MCO) in Orlando, Florida.
  • MHI will be in charge of the system design and vehicle manufacture.
  • We remain committed to the local Orlando community, as we further expand our collaboration with highly qualified local firms," said Kenji Terasawa, CEO of Engineering Solutions of MHI.

Huawei Network Summit 2023 (Europe): Huawei High-Quality 10 Gbps CloudCampus Solution Drives Enterprise Office Experience Upgrades in Europe

Retrieved on: 
Friday, October 27, 2023

MUNICH, Oct. 27, 2023 /PRNewswire/ -- The Europe stop of Huawei Network Summit (HNS) 2023 was held successfully in Munich, Germany.

Key Points: 
  • MUNICH, Oct. 27, 2023 /PRNewswire/ -- The Europe stop of Huawei Network Summit (HNS) 2023 was held successfully in Munich, Germany.
  • All of this would drive office experience upgrades in diverse industries such as public services, education, healthcare, retail, and manufacturing in Europe.
  • This future-proof solution brings all-around upgrades to user experience by dramatically improving the quality of wireless office, video conferencing, and network O&M on enterprise campuses.
  • With these office experience upgrades, Huawei's High-Quality 10 Gbps CloudCampus Solution will help European enterprises accelerate their intelligent transformation journeys through non-stop innovations.

IHI Power Services Corp. Signs Deal With Sunnyside Cogeneration Associates

Retrieved on: 
Tuesday, October 17, 2023

IHI Power Services Corp. (IPSC) , a leading owner and operator of power plants across the U.S., today announced it has teamed up with Sunnyside Cogeneration Associates (SCA) to provide operations and maintenance (O&M) and asset management services for Sunnyside Power Plant, a waste coal-fired power generation facility in Carbon County, Utah.

Key Points: 
  • IHI Power Services Corp. (IPSC) , a leading owner and operator of power plants across the U.S., today announced it has teamed up with Sunnyside Cogeneration Associates (SCA) to provide operations and maintenance (O&M) and asset management services for Sunnyside Power Plant, a waste coal-fired power generation facility in Carbon County, Utah.
  • This prominent addition to IPSC's burgeoning portfolio emphasizes the company's commitment to shaping the landscape of sustainable energy solutions.
  • SCA is currently owned by Panamint Capital , a woman-led energy investment group based in Incline Village, Nevada.
  • Panamint’s fruitful relationship with IPSC began in 2021 after tapping the owner and operator to provide O&M services for its Las Vegas-based Nevada Cogeneration Associate No.

EQS-News: Ninth acquisition in 2023: Mutares has submitted an irrevocable proposal for a majority investment in Sofinter (currently participated by Gammon Group)

Retrieved on: 
Tuesday, October 17, 2023

Munich, October 12, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has submitted an irrevocable proposal, indirectly through a controlled acquisition vehicle incorporated under the laws of Italy, to invest in Sofinter Group by way of acquisition of a large majority stake.

Key Points: 
  • Munich, October 12, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has submitted an irrevocable proposal, indirectly through a controlled acquisition vehicle incorporated under the laws of Italy, to invest in Sofinter Group by way of acquisition of a large majority stake.
  • Sofinter is a leading player specialized in designing and manufacturing of steam generators for different markets to further strengthen the Engineering & Technology segment.
  • The closing of the transaction is expected before the end of 2023 and is subject to the final approval by the lending banks.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

Bring Net5.5G to Reality, Inspire New Growth

Retrieved on: 
Thursday, October 12, 2023

DUBAI, UAE, Oct. 12, 2023 /PRNewswire/ -- At UBBF 2023, Leon Wang, President of Huawei Data Communication Product Line, delivered a keynote speech titled "Bring Net5.5G to Reality, Inspire New Growth."

Key Points: 
  • DUBAI, UAE, Oct. 12, 2023 /PRNewswire/ -- At UBBF 2023, Leon Wang, President of Huawei Data Communication Product Line, delivered a keynote speech titled "Bring Net5.5G to Reality, Inspire New Growth."
  • As a result, services such as home broadband, mobile broadband, enterprise campus, and enterprise private line will need an upgrade to 10 Gbps.
  • By supporting ubiquitous 10 Gbps connections, elastic ultra-broadband transport, and autonomous network self-optimization, Net5.5G will drive new business growth for carriers.
  • As AI penetrates various industries, new growth opportunities such as computing services and elastic computing service private lines emerge.

Bring Net5.5G to Reality, Inspire New Growth

Retrieved on: 
Thursday, October 12, 2023

DUBAI, UAE, Oct. 12, 2023 /PRNewswire/ -- At UBBF 2023, Leon Wang, President of Huawei Data Communication Product Line, delivered a keynote speech titled "Bring Net5.5G to Reality, Inspire New Growth."

Key Points: 
  • DUBAI, UAE, Oct. 12, 2023 /PRNewswire/ -- At UBBF 2023, Leon Wang, President of Huawei Data Communication Product Line, delivered a keynote speech titled "Bring Net5.5G to Reality, Inspire New Growth."
  • As a result, services such as home broadband, mobile broadband, enterprise campus, and enterprise private line will need an upgrade to 10 Gbps.
  • By supporting ubiquitous 10 Gbps connections, elastic ultra-broadband transport, and autonomous network self-optimization, Net5.5G will drive new business growth for carriers.
  • As AI penetrates various industries, new growth opportunities such as computing services and elastic computing service private lines emerge.