Minerals Management Service

Valor Hires Will Allison as Senior Land Manager

Retrieved on: 
Thursday, September 7, 2023

FORT WORTH, Texas, Sept. 7, 2023 /PRNewswire/ -- Valor, a Fort Worth-based specialty asset management company with expertise in providing mineral management solutions and oil and gas operator outsourcing, has announced the hiring of Will Allison, who will serve as a senior land manager across the company's Mineral Management and Oil and Gas Outsourcing Divisions. In this job role, Allison will primarily focus on optimizing existing and new clients' mineral assets, utilizing his robust experience with trust and estate planning, combined with Valor's proprietary software, mineral.tech®. He will also support and enhance the company's oil and gas outsourcing department that provides various services to oil and gas operators and investors.

Key Points: 
  • FORT WORTH, Texas, Sept. 7, 2023 /PRNewswire/ -- Valor , a Fort Worth-based specialty asset management company with expertise in providing mineral management solutions and oil and gas operator outsourcing , has announced the hiring of Will Allison, who will serve as a senior land manager across the company's Mineral Management and Oil and Gas Outsourcing Divisions.
  • "As our client roster of mineral asset holders continues to grow, we're committed to hiring top talent like Will Allison to shore up our land and mineral management division," said Hanna Howard , chief operating officer at Valor.
  • "As a senior land manager, Allison will be instrumental in helping Valor update and optimize current client portfolios, including oversight for our specialty asset holders and the onboarding of new clients through various business development initiatives."
  • Prior to joining Valor, Allison served as a vice-president for JPMorgan Chase Bank's Domestic Trust Services, which provides operational support for the fiduciary management of specialty assets, including mineral and real estate holdings.

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2022

Retrieved on: 
Friday, March 31, 2023

The increase in depreciation and amortization expenses is mainly attributable to the commencement of recognition of results of Ellomay Solar upon connection to the Spanish grid in June 2022.

Key Points: 
  • The increase in depreciation and amortization expenses is mainly attributable to the commencement of recognition of results of Ellomay Solar upon connection to the Spanish grid in June 2022.
  • The average electricity price in Spain during the fourth quarter of 2022 was approximately €0.11/kWh, compared to an average price of €0.20/kWh during 2021.
  • Due to lower radiation during the fourth quarter of 2022, the electricity produced by the Talasol PV Plant was lower by approximately 24,000 MW compared to the fourth quarter of 2021.
  • Commencing the third quarter of 2022, this PV plant operated at full capacity and generated revenues of approximately €3.6 million during 2022.

Unrivaled Brands Announces Preliminary Year-End 2022 Results

Retrieved on: 
Tuesday, February 21, 2023

SANTA ANA, Calif., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a cannabis company with retail and cultivation operations in California, announces preliminary and unaudited financial results for its fiscal year and quarter ended December 31, 2022.

Key Points: 
  • SANTA ANA, Calif., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a cannabis company with retail and cultivation operations in California, announces preliminary and unaudited financial results for its fiscal year and quarter ended December 31, 2022.
  • On December 28, 2022, Unrivaled completed the divestiture of LTRMN, Inc. and Psychonaut Oregon, LLC, which represented all of the Company’s operations in Oregon, and which are now considered discontinued operations.
  • Revenue from continuing operations for FY 2022 grew 10% over the prior year to $52.5 million.
  • The revitalized Unrivaled team has operated with discipline and our preliminary fourth quarter financial results reflect their hard work.

NextEra Energy Partners, LP announces pricing of $500 million in aggregate principal amount of 2.50% convertible senior notes due 2026

Retrieved on: 
Thursday, December 8, 2022

The notes will mature on June 15, 2026, and will be fully and unconditionally guaranteed on a senior unsecured basis by NextEra Energy Operating Partners, LP, a direct subsidiary of NextEra Energy Partners.

Key Points: 
  • The notes will mature on June 15, 2026, and will be fully and unconditionally guaranteed on a senior unsecured basis by NextEra Energy Operating Partners, LP, a direct subsidiary of NextEra Energy Partners.
  • NextEra Energy Partners estimates the net proceeds from the notes offering prior to offering expenses will be approximately $488.80 million.
  • Accordingly, the notes are being offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act.
  • NextEra Energy Partners, LP(NYSE: NEP) is a growth-oriented limited partnership formed byNextEra Energy, Inc.(NYSE: NEE).NextEra Energy Partnersacquires, manages and owns contracted clean energy projects with stable, long-term cash flows.

AECOM appoints Dawn MacDonald as Global Offshore Wind Sector Lead

Retrieved on: 
Monday, September 26, 2022

AECOM (NYSE: ACM), the worlds trusted infrastructure consulting firm, announced today it has appointed Dawn MacDonald as its Global Offshore Wind Market Sector Lead.

Key Points: 
  • AECOM (NYSE: ACM), the worlds trusted infrastructure consulting firm, announced today it has appointed Dawn MacDonald as its Global Offshore Wind Market Sector Lead.
  • In this role, Ms. MacDonald will work across the globe to advance an integrated offshore wind offering that leverages AECOMs leading environmental and port infrastructure expertise to new and existing clients.
  • We are excited to welcome Dawn to AECOM as we continue to advance our Sustainable Legacies strategy and extend our global capabilities in the growing offshore wind energy market, said Lara Poloni, AECOMs president.
  • I am delighted to join AECOM and work closely with technical experts around the world to deliver large-scale projects that reinforce our position as an offshore wind leader, said Ms. MacDonald.

JLMAG Awards the First SGS PAS 2060 Carbon Neutrality Declaration Certificate in the Global Rare Earth Permanent Magnet Industry

Retrieved on: 
Thursday, June 30, 2022

PAS 2060 is the internationally recognized carbon neutrality standard, which requires enterprises to strive to reduce carbon emissions and achieve low-carbon production on the basis of quantifying greenhouse gas emissions.

Key Points: 
  • PAS 2060 is the internationally recognized carbon neutrality standard, which requires enterprises to strive to reduce carbon emissions and achieve low-carbon production on the basis of quantifying greenhouse gas emissions.
  • With regard to carbon emissions that cannot be reduced, PAS 2060 encourages enterprises to adopt voluntarily compensation and offset to achieve carbon neutrality.
  • The PAS 2060 carbon neutrality declaration certificate proved that JL MAG's efforts in carbon neutrality have been highly recognized by the international authorities.
  • The Company facilitates the pursuit of carbon neutrality in China and around the world by providing rare earth permanent magnets to its top player customers.

NextEra Energy Partners to host previously announced investor conference today

Retrieved on: 
Tuesday, June 14, 2022

Extends 12% to 15% annualized distribution per unit growth expectations for one year, through 2025

Key Points: 
  • Extends 12% to 15% annualized distribution per unit growth expectations for one year, through 2025
    JUNO BEACH, Fla., June 14, 2022 /PRNewswire/ -- As previously announced, NextEra Energy Partners, LP (NYSE: NEP) will host an investor conference from 8:30 a.m. to 12:30 p.m.
  • The approximately $157 million fee is predicated on NextEra Energy Partners delivering limited partnerdistributions at an annualized rate of at least $3.05 per common unit to all unitholders.
  • NextEra Energy Partners' adjusted EBITDA, CAFD and distributions and other expectations should be viewed in conjunction with NextEra Energy Partners cautionary statements and risk factors set forth below.
  • NextEra Energy Partners, LP(NYSE: NEP) is a growth-oriented limited partnership formed byNextEra Energy, Inc.(NYSE: NEE).NextEra Energy Partnersacquires, manages and owns contracted clean energy projects with stable, long-term cash flows.

SS&C Acquires MineralWare

Retrieved on: 
Monday, May 16, 2022

WINDSOR, Conn., May 16, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has acquired 5 M's Minerals Management, LLC, a Texas limited liability company doing business as "MineralWare" for $18 million in cash. MineralWare's cloud-based asset management platform focuses on managing minerals, royalties and non-operated working interests.

Key Points: 
  • Based in Fort Worth, Texas, MineralWare serves financial institutions, universities and foundations, high-net-worth individuals and family offices, mineral and royalty acquisition companies in the U.S. MineralWare will operate within the SS&C Innovest businesses reporting to Glenn Schmidt, General Manager, SS&C Innovest.
  • "We are pleased to welcome MineralWare to SS&C," said Glenn Schmidt, General Manager, SS&C Innovest.
  • "I am delighted by our combination with SS&C to serve more businesses and contribute to SS&C's vision," said Pete O'Brien, President of MineralWare.
  • In addition, MineralWare will gain access to a wealth of resourcesto scale the most user-friendly mineral management platform."

AECOM-led joint venture to provide environmental services under Comprehensive Long-Term Environmental Action Navy (CLEAN) contract

Retrieved on: 
Wednesday, May 11, 2022

Under the contract with a $400 million ceiling, the joint venture will perform environmental studies, investigations, and designs that address pressing environmental challenges.

Key Points: 
  • Under the contract with a $400 million ceiling, the joint venture will perform environmental studies, investigations, and designs that address pressing environmental challenges.
  • Were proud to apply sound science, innovative restoration strategies, and a safety-first culture to assist our clients in achieving their environmental goals.
  • The joint venture will provide program management and technical environmental services that address critical issues such as per- and polyfluoroalkyl substances (PFAS) and other emerging contaminants, vapor intrusion, sediments, munitions and radiological assessment, and hazardous substances.
  • Were honored to provide our clients with an established team that has the proven ability to deliver vital environmental programs.

Leaders at Pacific Offshore Wind Summit urge California to 'Go Big' on floating offshore wind, set bold GW goals to realize jobs, climate & clean energy benefits for state

Retrieved on: 
Wednesday, March 30, 2022

SAN FRANCISCO, March 30, 2022 /PRNewswire/ -- Federal, state and industry leaders joined at the Pacific Offshore Wind Summit in highlighting the importance of California 'going big' and moving forward on floating offshore wind power to realize the full benefits of this renewable technology and meet the state's jobs, climate and clean energy goals. Speakers at the conference, hosted by Offshore Wind California (OWC) and Infocast, urged the state to set bold offshore wind gigawatt (GW) targets this spring, move ahead with a federal lease auction this fall, and advance planning on ports, transmission, procurement, workforce, and a sustainable supply chain to jumpstart this new California industry.

Key Points: 
  • Last September, California enacted its new AB 525 law to spur offshore wind development, directing the CaliforniaEnergy Commission (CEC) to set clear targets by June 1, 2022 for offshore wind in 2030 and 2045.
  • "California is well-positioned to lead a transition to a clean energy future.We will hold a statewide offshore wind energy lease sale in California this year,"said Amanda Lefton , Director of BOEM.
  • "That's why we recommendthe state set ambitious offshore wind goals of least 3 GW by 2030, 10 GW by 2040,and 20 GW by 2050.
  • About OWC Offshore Wind California is a coalition of industry partners with a shared interest in promoting policies and public support for responsible development of offshore wind power in California.