Equivalence

Capital Power Announces Strategic Acquisition of Two Contracted Combined-Cycle U.S. Gas Generation Facilities and a $400 Million Subscription Receipts Offering

Retrieved on: 
Monday, November 20, 2023

EDMONTON, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has entered into two separate definitive agreements with CSG Investments, Inc., a subsidiary of Beal Financial Corporation, to acquire:

Key Points: 
  • Under the newly established 50/50 partnership, Capital Power and BlackRock will each be responsible for funding 50% of the cash consideration for the Harquahala Acquisition.
  • Capital Power will be responsible for the operations and maintenance and asset management for which it will receive an annual management fee.
  • The net purchase price of the Acquisitions attributable to Capital Power is expected to be US$1.1 billion (~$1.5 billion), subject to working capital and other customary closing adjustments.
  • “Capital Power's acquisition of La Paloma and the partnership in Harquahala’s gas generation assets marks a significant milestone in our strategic growth,” said Avik Dey, President and Chief Executive Officer of Capital Power.

United Arab Emirates e-Cigarette Regulation Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 9, 2023

The "United Arab Emirates (UAE): E-Cigarette Regulation" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United Arab Emirates (UAE): E-Cigarette Regulation" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a detailed summary of the current regulatory framework in place in the UAE for e-cigarettes and related products.
  • The United Arab Emirates (UAE) legalized the use and distribution of e-cigarettes in April 2019.
  • Strategic understanding of the policy climate within the jurisdiction, enabling you to forecast how it might affect business development.

Cipher Mining Announces June 2023 Operational Update

Retrieved on: 
Wednesday, July 5, 2023

In June, Cipher continued to expand operations at its Odessa facility and finished June with the potential to mine up to 17.1 bitcoin2 per day.

Key Points: 
  • In June, Cipher continued to expand operations at its Odessa facility and finished June with the potential to mine up to 17.1 bitcoin2 per day.
  • Texas experienced record high temperatures, weak wind production and record demand for power as we entered the critical 4CP summer months,” said Tyler Page, CEO of Cipher.
  • Cipher produced ~360 BTC in June, representing a ~27% decrease in production relative to the previous month.
  • As part of its regular treasury management process, Cipher sold ~350 BTC in June and executed its first bitcoin futures and options trades, ending the month with a balance of ~417 BTC.

Gibson Energy Expands Liquids Infrastructure Platform with Acquisition of Texas Gulf Coast Crude Oil Export Facility for US$1.1 Billion, Announces Concurrent $350 Million Subscription Receipt Bought Deal Offering

Retrieved on: 
Wednesday, June 14, 2023

CALGARY, Alberta, June 14, 2023 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI) announced today it has entered into an agreement to acquire 100% of the membership interests of South Texas Gateway Terminal LLC (“STLLC”) for a total purchase price of US$1.1 billion in cash (the “Transaction”), subject to closing adjustments. Through the Transaction, Gibson acquires the South Texas Gateway Terminal (“STGT” or the “Terminal”) which is positioned as one of the most competitive liquids terminal and export facilities globally with direct pipeline connections to low-cost, long reserve-life resource supply, and very large crude carrier (“VLCC”) capabilities. The Transaction implies a multiple of less than 9x the projected forward Adjusted EBITDA and is immediately accretive, with DCF per share accretion in the mid-teens4,5,6.

Key Points: 
  • “After much patience and discipline, I am excited to add the world-class South Texas Gateway Terminal to our infrastructure portfolio.
  • This transaction amplifies our high-quality infrastructure revenues and bolsters the continued growth of our distributable cash flow per share.
  • In March 2021, STGT completed the final construction phase of incremental storage facilities bringing the total terminalling capacity to 8.6 million barrels of crude oil across 20 tanks.
  • Through the Transaction, Gibson expands and enhances its North American terminal footprint by establishing a third liquids hub underpinned by over 95% take-or-pay        revenue8.

Second Quarter 2022: Increasing Orders for ‘Sion’ Solar-Electric Passenger Car and More B2B Solar-Retrofit Projects

Retrieved on: 
Thursday, September 8, 2022

Revenue Development Bolstered by a Total of 21 Sono Solar B2B Customer Projects as of today.

Key Points: 
  • Revenue Development Bolstered by a Total of 21 Sono Solar B2B Customer Projects as of today.
  • As One of Sono Motors First B2B Customers, FINN Intends to Purchase 12,600 Sion to Create a Sustainable Fleet.
  • Revenues for the second quarter of 2022 from the integration of the Companys solar technology and Sono Digital were higher than for the first quarter of 2022.
  • On the Sion business pillar, Sono Motors sees an increasing demand for the Sion from both private reservations and fleet operators.

REPEAT – HIVE Blockchain Provides July 2022 Production Update

Retrieved on: 
Friday, August 5, 2022

VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA.F) (the “Company” or “HIVE”) is pleased to announce the production figures from the Company’s global Bitcoin and Ethereum mining operations for the month of July 2022, with a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA.F) (the Company or HIVE) is pleased to announce the production figures from the Companys global Bitcoin and Ethereum mining operations for the month of July 2022, with a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022.
  • HIVE believes there is intrinsic value in a broadly decentralized PoW blockchain with Layer 2 smart contracts, as the majority of such projects exist on the Ethereum blockchain.
  • HIVE has also been performing GPU optimizations throughout calendar 2022, which are proprietary and provide the Company with a competitive edge.
  • About HIVE Blockchain Technologies Ltd.
    HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.

HIVE Blockchain Provides July 2022 Production Update

Retrieved on: 
Friday, August 5, 2022

VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA.F) (the “Company” or “HIVE”) is pleased to announce the production figures from the Company’s global Bitcoin and Ethereum mining operations for the month of July 2022, with a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA.F) (the Company or HIVE) is pleased to announce the production figures from the Companys global Bitcoin and Ethereum mining operations for the month of July 2022, with a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022.
  • HIVE believes there is intrinsic value in a broadly decentralized PoW blockchain with Layer 2 smart contracts, as the majority of such projects exist on the Ethereum blockchain.
  • HIVE has also been performing GPU optimizations throughout calendar 2022, which are proprietary and provide the Company with a competitive edge.
  • About HIVE Blockchain Technologies Ltd.
    HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.

RSAMMD ACQUISITIONS LLC AND PROTEXT MOBILITY, INC. (TXTM) PROVIDE SHAREHOLDERS UPDATE AND NEAR TERM ROAD MAP

Retrieved on: 
Monday, August 1, 2022

Johannesburg, South Africa, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Republic of South Africa Medical Marijuana Dispensaries Acquisitions LLC (RSAMMDA.LLC) and Protext Mobility, Inc (OTC PINK: TXTM) are pleased to provide the following business update.

Key Points: 
  • Johannesburg, South Africa, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Republic of South Africa Medical Marijuana Dispensaries Acquisitions LLC (RSAMMDA.LLC) and Protext Mobility, Inc (OTC PINK: TXTM) are pleased to provide the following business update.
  • We have always envisioned commercializing this extraction technology for our own purposes, as well as, for potential global licensing.
  • However, we needed to get the Kettle equipment back for additional testing.
  • Its been a series of lengthy negotiations and proposals submitted to the State.

First Quarter 2022: Sono Motors Further Accelerates B2B Customer Projects for Solar Integration

Retrieved on: 
Wednesday, June 22, 2022

Revenue Development Fueled by Sono Solar B2B Customer Projects.

Key Points: 
  • Revenue Development Fueled by Sono Solar B2B Customer Projects.
  • Sono Motors is well on track on its plan to diversify its solar technology business and has currently delivered solar solutions to several B2B-customers.
  • Revenues from the integration of the companys proprietary solar technology and Sono Digital for the first quarter of 2022 was higher than for all of 2021.
  • We are rapidly scaling up our Sono Solar business and have successfully increased our B2B customer base.

Industry commercialization expert, Nancy Phelan joins Indegene as SVP leading its global omnichannel commercialization business

Retrieved on: 
Thursday, May 12, 2022

PRINCETON, N.J. and BANGALORE, India, May 12, 2022 (GLOBE NEWSWIRE) -- Indegene, a technology-led healthcare solutions provider today announced the appointment of industry commercialization expert, Nancy Phelan, as SVP for its global digital-first omnichannel commercialization business, based in the US.

Key Points: 
  • PRINCETON, N.J. and BANGALORE, India, May 12, 2022 (GLOBE NEWSWIRE) -- Indegene, a technology-led healthcare solutions provider today announced the appointment of industry commercialization expert, Nancy Phelan, as SVP for its global digital-first omnichannel commercialization business, based in the US.
  • At Indegene, Nancy will lead the omnichannel commercialization business organization that partners with leading biopharma, emerging biotech and medical technology organizations as they rethink their Go-To-Market (GTM) models for Healthcare Professionals (HCPs) and Patients.
  • Through a digital-first omnichannel engagement model, Indegene helps life sciences organizations optimize their field force deployments and augment stakeholder engagement.
  • Many of the leading, global healthcare organizations rely on Indegene to deliver effective and efficient clinical, medical and commercial outcomes every day.