TRCA

407 ETR is celebrating its new sponsorship with Toronto and Region Conservation Authority at the Sugarbush Maple Syrup Festival

Retrieved on: 
Thursday, March 7, 2024
Soil, Royal Military College, Credit Valley Conservation, Biotechnology, Carbon footprint, Kortright Centre for Conservation, Biodiversity loss, Nature, Biodiversity, Canadian Wildlife Federation, Queen's University, University, ETR, Conservation Halton, Royal, Environment, TRCA, Conservation, Salt, The Nature Conservancy, Nature Conservancy of Canada, Partnership, Maple syrup

TRCA has been celebrating maple syrup for more than 50 years, and hosts between 40,000 and 50,000 visitors annually at its Sugarbush Maple Syrup Festival.

Key Points: 
  • TRCA has been celebrating maple syrup for more than 50 years, and hosts between 40,000 and 50,000 visitors annually at its Sugarbush Maple Syrup Festival.
  • The festival educates visitors about maple syrup production through time as they experience early Indigenous, early European settler and modern maple syrup production through interactive demonstrations.
  • "Highway 407 ETR is surrounded by vibrant communities and we're proud to help connect people to nature through events like the Sugarbush Maple Syrup Festival," says Javier Tamargo, President & CEO, 407 ETR.
  • "Toronto and Region Conservation Authority (TRCA) is proud to partner with 407 ETR and host the annual Sugarbush Maple Syrup Festival which connects people to nature and provides many benefits to the communities we serve," says John MacKenzie, CEO, Toronto Region Conservation Authority.

Carbon Revolution Receives Initial Funding of $70 million from the OIC Structured Equity Facility

Retrieved on: 
Monday, November 6, 2023
Carbon, OEM, OIC, EV, NYSE, Virtus Investment Partners, Original equipment manufacturer, TRCA, Growth, Partnership, Overalls, Renewable energy, Security (finance)

Carbon Revolution announced in September that it had entered into the Structured Equity Facility with OIC.

Key Points: 
  • Carbon Revolution announced in September that it had entered into the Structured Equity Facility with OIC.
  • An additional US$40 million is available under OIC’s $110 million Structured Equity Facility subject to the Company’s achievement of future growth milestones and to OIC investment committee approval.
  • “The Structured Equity Facility from OIC is a key pillar supporting our long-term business strategy to further expand our global footprint among leading OEMs,” said Carbon Revolution CEO Jake Dingle.
  • “We are thrilled to initiate our capital partnership with Carbon Revolution to support the Company’s continued growth and innovation in automotive efficiency, EV range extension and overall performance with the funding of the Structured Equity Facility and listing on Nasdaq,” said Chris Leary, Investment Partner and Head of Infra Equity at OIC.

Carbon Revolution plc Clarifies Share Consolidation

Retrieved on: 
Friday, November 3, 2023
Carbon, TRCA, Tier 1, OEM, NYSE, Retail

GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, previously announced the closing of its business combination with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) and commencement of trading today on Nasdaq under the symbol “CREV”.

Key Points: 
  • GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, previously announced the closing of its business combination with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) and commencement of trading today on Nasdaq under the symbol “CREV”.
  • Carbon Revolution effectuated a 10-to-1 share consolidation (NYSE: TRCA to Nasdaq: CREV) through the exchange ratio at closing of the business combination.
  • The result of the 10-to-1 TRCA share consolidation on closing is that a CREV price of $100.00 is reflective of a TRCA price of $10.00 per share, consequently a CREV price of $78.70 per share is reflective of the closing price of $7.87 per share of TRCA on the day prior to closing.

Toronto and Region Conservation Authority plants Mini Forest in collaboration with Canadian Geographic and the Network of Nature

Retrieved on: 
Monday, September 25, 2023
Sakura Miyawaki, Network, Lake Simcoe Region Conservation Authority, Tree, Fire, TRCA, SNAP, Carbon, Forest, Biodiversity, Sunlight, Biodiversity loss, PCA, Climate change, Soil, National Directorate for Personal Data Protection, Growth, Canadian Geographic, Environment, Forestry, Silviculture, Geography, Nature, Pocket

The event will take place on Saturday, September 30th, 2023, from 10 AM – 2 PM, at 8 Oakvale Avenue, Toronto ON.

Key Points: 
  • The event will take place on Saturday, September 30th, 2023, from 10 AM – 2 PM, at 8 Oakvale Avenue, Toronto ON.
  • The mini forest will be planted together with participation from The Pocket Community Association (PCA), local residents of The Pocket, broader City of Toronto residents, and local stakeholders.
  • "Canadian Geographic is supporting the Mini Forest project because we have mapped the effect of climate change on Canadian forests over the past 100 years.
  • Mini forests are communities of native trees and shrubs planted tightly together in a technique modelled after the Miyawaki Forest method.

Carbon Revolution Enters Into Structured Equity Facility For Up To US$110 Million With OIC

Retrieved on: 
Monday, September 25, 2023
Automotive, Automotive Manufacturing, General Automotive, EV, Electric Vehicles, Tires & Rubber, Manufacturing, Performance & Special Interest, SPAC, Senior, NHTSA, TRCA, National Highway Traffic Safety Administration, EVS, Transport, Jaguar Land Rover, NYSE, General Motors, Jordan, Pista, Corporate average fuel economy, Ferrari SF90 Stradale, Growth, Renault, OEM, Shelby Mustang, Sky (New Zealand), Business, Business analyst, Ford Motor Company, CAFE, Partnership, OIC, Alfa Romeo 8C Competizione, ASX, Dowsing, GT500, Catalent, Virtus Investment Partners, Security (finance), Renewable energy

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.

Key Points: 
  • Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.
  • The completion of this transaction will result in Carbon Revolution plc becoming the parent of Carbon Revolution and its subsidiaries and listing on an exchange in the United States.
  • The appointments become effective upon completion of the proposed combination with appointees serving on the Board of Directors of Carbon Revolution plc.
  • “OIC is excited to finalize our capital partnership with Carbon Revolution, which will support the Company’s growth plans and infrastructure expansion,” said Chris Leary, Investment Partner and Head of Infra Equity at OIC.

Carbon Revolution Announces Completion of SEC Review and Scheduling of Twin Ridge Shareholder Meeting

Retrieved on: 
Thursday, September 14, 2023
Other Manufacturing, Environment, Alternative Vehicles, Fuels, Vehicle Technology, Automotive, General Automotive, Automotive Manufacturing, Sustainability, Manufacturing, Green Technology, Carbon, Australian Securities & Investments Commission, Registration statement, Investment, Sky (New Zealand), Tier 1, Business, Federal court, ASX, TRCA, Business analyst, Register, Federal Court of Australia, Scheme, Form, OEM, NYSE, Security (finance)

As previously announced, the merger of the Company and Twin Ridge Capital Acquisition Corp. ("Twin Ridge") (NYSE: TRCA) will be effected by way of MergeCo acquiring the Company (via a scheme of arrangement ("Scheme")) and Twin Ridge (via a merger ("Business Combination")) (collectively, the "Transaction").

Key Points: 
  • As previously announced, the merger of the Company and Twin Ridge Capital Acquisition Corp. ("Twin Ridge") (NYSE: TRCA) will be effected by way of MergeCo acquiring the Company (via a scheme of arrangement ("Scheme")) and Twin Ridge (via a merger ("Business Combination")) (collectively, the "Transaction").
  • The declaration of effectiveness of the Registration Statement, following the completion of the SEC's review of the Registration Statement, permits Twin Ridge to schedule a meeting of its shareholders to approve the Business Combination.
  • On September 8, 2023, MergeCo filed with the SEC, and Twin Ridge commenced mailing to its shareholders, the final proxy statement/prospectus contained in the Registration Statement for consideration by Twin Ridge shareholders in approving the Business Combination and related matters at a meeting proposed to be held on September 26, 2023 (New York time) (the "Twin Ridge Shareholder Meeting").
  • Redemption requests by TRCA public shareholders must be made two business days prior to the Twin Ridge Shareholder Meeting but may be withdrawn prior to the meeting.

Toronto and Region Conservation Authority announces second phase of The Meadoway revitalization

Retrieved on: 
Thursday, July 20, 2023
Exercise, Maintenance, Partnership, Weston Family Foundation, Friends, Deer, Don (river), Rouge National Urban Park, Parks Canada, Flower, TRCA, Climate change, COVID, Government, Hydro One, Biodiversity, City, Nature, Greater Toronto Area, Local government in Canada, Environment, Toronto and Region Conservation Authority, Mental health, Scarborough Centre, Environment and Climate Change Canada, Forestry

The project, led by Toronto and Region Conservation Authority (TRCA) in partnership with the City of Toronto is made possible through the continued support of the Weston Family Foundation .

Key Points: 
  • The project, led by Toronto and Region Conservation Authority (TRCA) in partnership with the City of Toronto is made possible through the continued support of the Weston Family Foundation .
  • This partnership continues in 2023 with the Weston Family Foundation committing up to $6.3 million over the next three years to support the second phase of The Meadoway.
  • As part of The Meadoway’s second phase, TRCA has also leveraged additional funds to support trail connections and improvements.
  • You can support The Meadoway through Toronto and Region Conservation Foundation.

XMReality, Inc. Announces New Client Deal with Technology Resource Center of America

Retrieved on: 
Wednesday, June 28, 2023
Augmented reality, Business development, Software as a service, Business, TRCA, AR

PLANO, Texas, June 28, 2023 /PRNewswire/ -- XMReality, Inc., a leading software as a service (SaaS) company that provides augmented reality (AR) solutions, today announced that it has signed a new client deal with Technology Resource Center of America, a respected leader in the development and implementation of multi-site enterprise technology across the United States.

Key Points: 
  • PLANO, Texas, June 28, 2023 /PRNewswire/ -- XMReality, Inc., a leading software as a service (SaaS) company that provides augmented reality (AR) solutions, today announced that it has signed a new client deal with Technology Resource Center of America, a respected leader in the development and implementation of multi-site enterprise technology across the United States.
  • The deal will see XMReality, Inc. provide Technology Resource Center of America (TRCA) with its Remote Guidance™ software .
  • Remote Guidance™ is an industry trusted cloud-based AR software that helps businesses to reliably improve their knowledge transfer and remote collaboration by allowing geographically separated colleagues, customers, and suppliers to interact and collaborate as if they were side by side.
  • "We are excited to welcome TRCA to the XMReality family," said Ryan Simeone, Vice President of Business Development at XMReality, Inc. "TRCA is a leading technology solutions provider in the United States, and we are pleased to work with them to help improve their industry leading customer service."

Carbon Revolution Secures US$60 Million Loan

Retrieved on: 
Wednesday, May 24, 2023
Automotive Manufacturing, Aftermarket, Automotive, Manufacturing, Travel, Other Transport, Transport, General Automotive, Tires & Rubber, Performance & Special Interest, Other Travel, Carbon, SPAC, Intellectual property, Shelby Mustang, EV, Funding, Sky (New Zealand), Alfa Romeo 8C Competizione, NHTSA, National Highway Traffic Safety Administration, TRCA, ASX, General Motors, Ford Motor Company, IP, Dowsing, EVS, Pista, Corporate average fuel economy, GT500, Engineering, Ferrari SF90 Stradale, OEM, CAFE, NYSE, Automation, Renewable energy

Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced the establishment of a US$60 million debt financing arranged and insured by PIUS Limited LLC, a Gallagher company, and its affiliates (the “Financing”).

Key Points: 
  • Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced the establishment of a US$60 million debt financing arranged and insured by PIUS Limited LLC, a Gallagher company, and its affiliates (the “Financing”).
  • Carbon Revolution is focused on further expanding its footprint in the rapidly growing market for electric vehicles (EVs).
  • As the global automotive industry shifts to electric power, Carbon Revolution is well positioned to capture OEM demand for weight-saving efficiency technologies.
  • “In the escalating race to achieve supreme efficiency in automotive vehicles, Carbon Revolution has designed and manufactured some of the most technologically advanced carbon fiber composite wheels, with an extensive IP portfolio spanning multiple jurisdictions,” said PIUS CEO, Joe Agiato.

Carbon Revolution Posts Replay of Evercore ISI Fireside Chat

Retrieved on: 
Monday, March 20, 2023
Aftermarket, Automotive, Automotive Manufacturing, General Automotive, Tires & Rubber, Manufacturing, Performance & Special Interest, Evercore, OEM, TRCA, ASX, Acquisition, Multimedia, NYSE

Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”) (ASX: CBR), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, and Twin Ridge Capital Acquisition Corp. (“Twin Ridge” or “TRCA”) (NYSE: TRCA), a publicly traded special purpose acquisition company, announced today that a replay of the Company’s recent fireside chat with Evercore ISI has been posted here , which provides management’s insight into the Company’s technology, growth opportunity and strategy.

Key Points: 
  • Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”) (ASX: CBR), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, and Twin Ridge Capital Acquisition Corp. (“Twin Ridge” or “TRCA”) (NYSE: TRCA), a publicly traded special purpose acquisition company, announced today that a replay of the Company’s recent fireside chat with Evercore ISI has been posted here , which provides management’s insight into the Company’s technology, growth opportunity and strategy.
  • View the full release here: https://www.businesswire.com/news/home/20230320005293/en/
    Carbon Revolution and TRCA recently announced that they have entered into a definitive agreement for a business combination agreement (“BCA”) and accompanying scheme implementation deed (“SID”) that is expected to result in Carbon Revolution becoming publicly listed in the U.S.
  • Completion of the transaction is subject to customary closing conditions, including the approval of TRCA shareholders and Carbon Revolution shareholders.
  • The transaction is expected to be completed in the first half of 2023.