Co-op Energy

REI formalizes science-based climate targets; expands local and international climate leadership

Retrieved on: 
Wednesday, October 4, 2023

SEATTLE, Oct. 4, 2023 /PRNewswire/ -- Today, specialty outdoor retailer REI Co-op announces that the Science Based Target initiative (SBTi) has approved the co-op's net-zero targets. To work toward these goals, REI is expanding the ambitions of its climate leadership, enabling the deployment of renewable energy for both its own operations and partners in the U.S. while joining international coalitions of concerned businesses working across borders and deep into supply chains to combat the climate crisis.

Key Points: 
  • REI is expanding the ambitions of its climate leadership.
  • In the long-term, REI has committed to reduce absolute scopes 1,2, and 3 GHG emissions 90% by 2050 from a 2019 base year.
  • REI has joined CERES, a nonprofit coalition of businesses and investors, in calling for the passage of landmark climate disclosure legislation in California .
  • Full details about REI's energy consumption and generation, along with the co-op's overarching climate policy , are available in the co-op's Impact Report .

Octopus Energy Group Completes Fundraise With Existing Investors, Totaling US$550m

Retrieved on: 
Thursday, July 28, 2022

Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution.

Key Points: 
  • Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution.
  • Octopuss domestic energy arm already serves 3.4 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy.
  • Octopus Energy Generation is one of Europes largest investors in renewable energy, managing a 3.4 billion portfolio of renewable energy assets throughout the continent.
  • This technology has been licensed to support over 20 million customer accounts worldwide, through deals with EDF Energy, Good Energy, E.ON energy and Origin Energy.

Valaris Announces Contract Awards and Fleet Status Updates

Retrieved on: 
Tuesday, July 5, 2022

Valaris Limited (NYSE: VAL) (Valaris or the Company) announced today new contracts and contract extensions, with associated contract backlog of $466 million, awarded subsequent to issuing the Companys most recent fleet status report on May 2, 2022.

Key Points: 
  • Valaris Limited (NYSE: VAL) (Valaris or the Company) announced today new contracts and contract extensions, with associated contract backlog of $466 million, awarded subsequent to issuing the Companys most recent fleet status report on May 2, 2022.
  • Contract extension with TotalEnergies EP Brasil offshore Brazil for drillship VALARIS DS-15.
  • The contract is expected to commence in April 2023 and has a total contract value of approximately $159 million.
  • Four-well contract with an undisclosed operator in the U.S. Gulf of Mexico for standard duty modern jackup VALARIS 144.

Octopus Energy Inks $300M Partnership with Canadian Pension Plan Investments Fund to Supercharge the Green Generation

Retrieved on: 
Tuesday, December 14, 2021

Octopus Energy Group announced a new long-term strategic partnership with Canada Pension Plan Investment Board ( CPP Investments ), one of the worlds largest pension funds and a global force in energy investing.

Key Points: 
  • Octopus Energy Group announced a new long-term strategic partnership with Canada Pension Plan Investment Board ( CPP Investments ), one of the worlds largest pension funds and a global force in energy investing.
  • Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution.
  • Octopuss domestic energy arm already serves 3.1 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy.
  • Octopus Energy Generation is one of Europes largest investors in renewable energy, managing a $4.5 billion portfolio of renewable energy assets throughout the continent.

Octopus Energy Agrees $600m Deal With Generation Investment Management to Accelerate Global Green Energy Mission

Retrieved on: 
Monday, September 27, 2021

Octopus will use the proceeds of Generations strategic investment to turbo boost its mission to drive the renewable revolution globally.

Key Points: 
  • Octopus will use the proceeds of Generations strategic investment to turbo boost its mission to drive the renewable revolution globally.
  • Managing over 3b of renewable generation, Octopus is one of the UKs leading electricity generators, creating enough green energy to power about 1.5m homes.
  • Octopuss domestic energy arm already serves 3.1 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy.
  • Octopus Energy Generation is Europes largest investor in solar energy, managing a 3.4bn portfolio of renewable energy assets throughout the continent.

Arizona Electrical District #3 Providing Enhanced Member Services With Upgrade To Cares Contact Center Platform

Retrieved on: 
Thursday, August 19, 2021

OLDSMAR, Fla., Aug. 19, 2021 /PRNewswire/ --Tampa-based CenturionCARES has been providing IVR services to Electrical District #3 (Maricopa, AZ) for several years.

Key Points: 
  • OLDSMAR, Fla., Aug. 19, 2021 /PRNewswire/ --Tampa-based CenturionCARES has been providing IVR services to Electrical District #3 (Maricopa, AZ) for several years.
  • The Co-op's 29,000+ members are now benefiting from a variety of advanced services with the recent upgrade to the CARES Contact Center Platform.
  • Buoyed by demos on the CARES platform and feedback from numerous CARES customers, Peter was confident that an investment in CARES would pay great dividends to the co-op and its members.
  • "We are proud that our CARES Platform will provide the necessary infrastructure for their continued growth for many years to come."