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SolaREIT Expands Finance and Business Development Leadership Team

Retrieved on: 
Tuesday, March 12, 2024

VIENNA, Va., March 12, 2024 /PRNewswire/ -- SolaREIT™, a solar and storage real estate investment company, has announced the expansion of the company's leadership team with the hires of three industry veterans. The company, which is the only pure-play provider of financing options for the real estate under solar and battery energy storage projects delivers maximum value and flexibility to developers.

Key Points: 
  • VIENNA, Va., March 12, 2024 /PRNewswire/ -- SolaREIT ™, a solar and storage real estate investment company, has announced the expansion of the company's leadership team with the hires of three industry veterans.
  • "It's an exciting time as we grow at SolaREIT and we're pleased to be adding these industry veterans," said Laura Pagliarulo, President of SolaREIT.
  • Lombardo comes to SolaREIT with over fifteen years of experience in finance in solar and battery storage.
  • Kneifl comes to SolaREIT with over 20 years of finance and investment experience, with thirteen years focused on renewable energy and battery storage.

ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation - FLNC

Retrieved on: 
Friday, February 23, 2024

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ROSEN, A LEADING LAW FIRM, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation – FLNC

Retrieved on: 
Tuesday, March 5, 2024

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation – FLNC

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

FLNC INVESTOR NOTICE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation – FLNC

Retrieved on: 
Sunday, February 25, 2024

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22722 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Fluence Energy Inc. Investors: Please contact the Portnoy Law Firm to recover your losses

Retrieved on: 
Friday, February 23, 2024

​LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fluence Energy, Inc. (NASDAQ: FLNC) (the “Company”) investors that the law firm has initiated an investigation on behalf of investors that lost money on their Fluence stock. Fluence investors are encouraged to contact the firm to discuss their legal rights.

Key Points: 
  • ​LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Fluence Energy, Inc. (NASDAQ: FLNC) (the “Company”) investors that the law firm has initiated an investigation on behalf of investors that lost money on their Fluence stock.
  • Fluence investors are encouraged to contact the firm to discuss their legal rights.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • The lawsuit charges Fluence Energy with various serious allegations, including significant engineering and design shortcomings, misleading statements, and notably, fraud.

Watts Water Technologies, Inc. Elects Rebecca Boll to Its Board of Directors

Retrieved on: 
Wednesday, February 7, 2024

Watts Water Technologies, Inc. (NYSE: WTS), today announced the election of Rebecca J. Boll as a member of the Board of Directors.

Key Points: 
  • Watts Water Technologies, Inc. (NYSE: WTS), today announced the election of Rebecca J. Boll as a member of the Board of Directors.
  • Ms. Boll was also appointed by the Board to serve as a member of each of the Governance and Sustainability Committee and Audit Committee of the Board of Directors.
  • Ms. Boll has served as Senior Vice President and Chief Product Officer at Fluence Energy, Inc. since 2020.
  • Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications.

Fluence Energy, Inc. Reports Record $1.1 Billion Quarterly Order Intake, Resulting in Highest Ever Backlog; Reaffirms Fiscal 2024 Guidance

Retrieved on: 
Wednesday, February 7, 2024

Contracted backlog2 of approximately $3.7 billion as of December 31, 2023, compared to approximately $2.9 billion as of September 30, 2023.

Key Points: 
  • Contracted backlog2 of approximately $3.7 billion as of December 31, 2023, compared to approximately $2.9 billion as of September 30, 2023.
  • “We are off to a strong start for 2024 with a record quarterly order intake," said Julian Nebreda, the Company’s President and Chief Executive Officer.
  • The Company is reaffirming its fiscal year 2024 total revenue guidance range of $2.7 billion to $3.3 billion.
  • Finally, the Company is reaffirming its fiscal year 2024 annual recurring revenue (ARR) guidance of approximately $80 million by the end of fiscal year 2024.

National Cannabis Roundtable Releases Inaugural Corporate Social Responsibility Report

Retrieved on: 
Wednesday, December 13, 2023

WASHINGTON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Today, the National Cannabis Roundtable (NCR) is proud to announce the release of its inaugural Corporate Social Responsibility (CSR) report for 2022-2023 , titled: “ Better Tomorrow Than Today .” This comprehensive report highlights the collective efforts of NCR and its member companies to create positive impact in the cannabis industry and the communities they serve in the areas of criminal justice reform, equity in business opportunity, workforce utilization, and health disparities.

Key Points: 
  • WASHINGTON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Today, the National Cannabis Roundtable (NCR) is proud to announce the release of its inaugural Corporate Social Responsibility (CSR) report for 2022-2023 , titled: “ Better Tomorrow Than Today .” This comprehensive report highlights the collective efforts of NCR and its member companies to create positive impact in the cannabis industry and the communities they serve in the areas of criminal justice reform, equity in business opportunity, workforce utilization, and health disparities.
  • "We named this report ‘Better Tomorrow Than Today’ to not only celebrate the great work of our members, but to serve as an acknowledgment of the existing gaps within the U.S. cannabis market and our concentrated efforts to address these challenges,” said Saphira Galoob, Executive Director of the National Cannabis Roundtable.
  • “Looking ahead, we will continue to create initiatives and programs to contribute to the overall growth of the industry.
  • Verano: Launched its Round Up for Cannabis Reform dispensary donation program benefitting The Weldon Project’s MISSION [GREEN] and the non-profit organization’s advocacy for cannabis- related criminal justice reform.

Fluence Energy, Inc. Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results  

Retrieved on: 
Tuesday, November 28, 2023

ARLINGTON, Va., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services, and optimization software for renewables and storage, today announced its results for the three months and fiscal year ended September 30, 2023.

Key Points: 
  • Financial Highlights for fourth quarter and fiscal year ended September 30, 2023
    Record revenue for fiscal year 2023 of $2.2 billion and revenue for the fourth quarter of $673 million, representing an increase of approximately 85% from fiscal year 2022 and an increase of approximately 25% from the third quarter.
  • GAAP gross margin improved to approximately 6.4% for fiscal year 2023 and 11.3% for the fourth quarter compared to (5.2)% for fiscal year 2022 and 4.1% in the third quarter.
  • Net loss of approximately $(105) million for fiscal year 2023 and net income of $4.8 million for the fourth quarter compared to net loss of approximately $(289) million for fiscal year 2022 and net loss of approximately $(35) million for the third quarter.
  • Adjusted EBITDA1 of approximately $(61) million for fiscal year 2023 and $20 million for the fourth quarter compared to $(235) million for fiscal year 2022 and $(27) million for the third quarter.