FOLSOM, N.J., March 29, 2024 /PR Newswire/ – South Jersey Industries, Inc. (“SJI” or the “Company”) announced today the unsuccessful final remarketing of its $2,795,000 principal amount of 2021 Series B 1.65% Remarketable Junior Subordinated Notes due 2029 (CUSIP No.
Key Points:
- FOLSOM, N.J., March 29, 2024 /PR Newswire/ – South Jersey Industries, Inc. (“SJI” or the “Company”) announced today the unsuccessful final remarketing of its $2,795,000 principal amount of 2021 Series B 1.65% Remarketable Junior Subordinated Notes due 2029 (CUSIP No.
- 838518 AB4 / ISIN US838518AB47) (the “Notes”) that form a part of the outstanding Corporate Units (CUSIP No.
- 838518 306 / ISIN US8385183061) issued by the Company on March 22, 2021.
- The Company’s final remarketing period for the notes expired on March 28, 2024.
Retrieved on:
Wednesday, January 24, 2024
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Management FOLSOM, NJ, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Barbara A. Romano Promoted to First Woman CIO at SJI
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- FOLSOM, NJ, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Barbara A. Romano Promoted to First Woman CIO at SJI
FOLSOM, NJ, January 24, 2024 – SJI announced today that Barbara A. Romano has been promoted to chief information officer, replacing Leonard Brinson Jr., who is retiring at the end of the month.
- “I am both honored and excited to break through barriers and pave the way for more women in leadership roles,” Romano said.
- Romano joined SJI in 2015 and has held multiple roles with increasing responsibly and most recently served as vice president of Technology & Operations.
- "I am delighted that Barb will be taking on the crucial role of CIO for SJI,” said SJI President and CEO Michael Renna.
Retrieved on:
Thursday, January 11, 2024
FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8.
Key Points:
- FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8.
- As general counsel, Lowry will serve as the principal legal officer for SJI and key advisor to the CEO, senior management, and the Board of Directors.
- He will also be responsible for strategic leadership for the Office of the General Counsel, providing the expertise needed to support SJI’s growing business.
- “We are thrilled to welcome Tim to SJI,” said SJI President and CEO, Mike Renna.
Retrieved on:
Wednesday, December 20, 2023
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Renewable energy SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.
Key Points:
- SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.
- This marks SJI’s first non-utility led anaerobic digester project that will directly connect its utility customers with a New Jersey-based RNG producer.
- Elizabethtown Gas, one of SJI’s primary utility subsidiaries, will blend the RNG from the Project into its existing natural gas distribution system.
- The LRE Project includes development and construction of multiple off-site food waste pre-processing and depackaging operations in New York City, New York State and New Jersey.
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South Jersey Industries South Jersey Industries (SJI), an energy infrastructure holding company, OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, and Atlantic County Utilities Authority (ACUA), announced that construction has commenced on a new RNG production facility (Atlantic RNG) located at ACUA’s solid waste landfill in Egg Harbor Township, New Jersey.
Key Points:
- South Jersey Industries (SJI), an energy infrastructure holding company, OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, and Atlantic County Utilities Authority (ACUA), announced that construction has commenced on a new RNG production facility (Atlantic RNG) located at ACUA’s solid waste landfill in Egg Harbor Township, New Jersey.
- As part of its commitment to provide safe, reliable, affordable energy solutions, South Jersey Gas, an SJI subsidiary, will enter into an interconnection agreement to accept the RNG produced by Atlantic RNG.
- “OPAL Fuels’ decades of experience in renewable energy production underpins our continued focus on our growth strategy of converting biogas resources into operating renewable energy projects.
- Once processed, it is interchangeable as a carbon-neutral substitute for traditional natural gas and can be fed through the existing South Jersey Gas natural gas infrastructure without disturbing the distribution network already in place.
Retrieved on:
Thursday, September 21, 2023
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OPAL South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced they have entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities.
Key Points:
- South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced they have entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities.
- The first facility (the “Atlantic RNG facility”) will be at the Atlantic County Utilities Authority (ACUA) solid waste landfill in Egg Harbor Township, New Jersey.
- View the full release here: https://www.businesswire.com/news/home/20230921601322/en/
“This project is consistent with our comprehensive clean energy plan, Leading the Way,” said Mike Renna, President & CEO, South Jersey Industries.
- The new Atlantic RNG facility will replace a previously decommissioned power plant and the RNG will be injected into the South Jersey Gas network, an SJI subsidiary, making this project the first of its kind in the gas company’s natural gas distribution system.
Retrieved on:
Wednesday, February 1, 2023
FOLSOM, N.J., and NEW YORK, Feb. 01, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, announced that IIF’s acquisition of SJI is closing today.
Key Points:
- FOLSOM, N.J., and NEW YORK, Feb. 01, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, announced that IIF’s acquisition of SJI is closing today.
- “The completion of this transaction marks an exciting new chapter for SJI,” said Mike Renna, President and CEO, SJI.
- “We are excited to join forces with IIF and continue to support the environmental goals of our state and region through investing in sustainability and clean energy initiatives.
- Shareholders as of today will also be entitled to receive merger consideration of $36.00 per share in cash.
Retrieved on:
Wednesday, January 25, 2023
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Ridesharing company FOLSOM, N.J. and NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, today announced that the New Jersey Board of Public Utilities (NJ BPU) has unanimously approved IIF’s proposed acquisition of SJI.
Key Points:
- FOLSOM, N.J. and NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, today announced that the New Jersey Board of Public Utilities (NJ BPU) has unanimously approved IIF’s proposed acquisition of SJI.
- $5 million in community support contributions which may include charitable, educational, community support and economic development efforts.
- $2.5 million in contributions to NJ SHARES (not earmarked for Elizabethtown Gas or South Jersey Gas customers), to assist New Jersey’s low-income customers with payment of their utility bills.
- A Form 25 with respect to the delisting will be filed on or about February 6, 2023.
Retrieved on:
Wednesday, December 14, 2022
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Renewable energy FOLSOM, NJ, December 14, 2022 – SJI (NYSE:SJI) is proud to announce that NJBIZ, one of New Jersey’s leading business journals, has recognized Donna Schempp, president and chief operating officer, SJI Renewable Energy Ventures (SJI REV), as the publication’s 2022 Executive of the Year.
Key Points:
- FOLSOM, NJ, December 14, 2022 – SJI (NYSE:SJI) is proud to announce that NJBIZ, one of New Jersey’s leading business journals, has recognized Donna Schempp, president and chief operating officer, SJI Renewable Energy Ventures (SJI REV), as the publication’s 2022 Executive of the Year.
- NJBIZ’s annual Business of the Year awards program recognizes companies and individuals whose efforts have helped the state’s business community grow and prosper.
- The publication selected Schempp as its Executive of the Year for her demonstrated leadership within the energy industry and commitment to professional excellence.
- “Shortly before Donna was appointed to her current role, SJI released a comprehensive sustainability plan to achieve carbon-neutral operations by 2040.” said Mike Renna, president and CEO, SJI.
Retrieved on:
Wednesday, November 2, 2022
