Infrastructure Investment and Jobs Act

Zefiro Methane Corp. Field Operations Supervisor’s Opinion Piece Published in The Philadelphia Inquirer

Retrieved on: 
Thursday, November 9, 2023
Sale, Environmental protection, Pennsylvania Department of Environmental Protection, Carbon, Infrastructure Investment and Jobs Act, The Philadelphia Inquirer, Bradford Era, Public, METHANE

BRADFORD, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”) today announced that an opinion piece authored by the Company’s Field Operations Supervisor Scott Motter was published in yesterday’s edition of The Philadelphia Inquirer.

Key Points: 
  • BRADFORD, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”) today announced that an opinion piece authored by the Company’s Field Operations Supervisor Scott Motter was published in yesterday’s edition of The Philadelphia Inquirer.
  • Motter joined Zefiro in his current role after spending the previous 15 years as an oil and gas inspector for the Pennsylvania Department of Environmental Protection and over fifty years working within the oil industry.
  • In the opinion piece, Motter addresses how the uncapped oil and gas well issue has affected generations of Pennsylvanians and why governmental, non-profit, and commercial entities must work together to address this unique challenge.
  • The opinion piece can be read online by clicking here .

Triton Global Services Chosen To Assist California Public Schools And Agencies With United States Government Security Camera Compliance Law

Retrieved on: 
Tuesday, November 7, 2023
IPVM, Education, State, Organization, Infrastructure Investment and Jobs Act, Research, Huawei, Triton, FEMA, Republic, ZTE, Risk management, Private sector, School, John S. McCain National Defense Authorization Act for Fiscal Year 2019, National security, Government, Nursing

ONTARIO, Calif., Nov. 7, 2023 /PRNewswire/ -- Triton Global Services (www.tritonglobalservices.com), a full service risk management firm and leading provider of comprehensive technologically advanced security solutions, will be one of the key organizations to assist California state and local government agencies, including schools, in procuring equipment replacements for People's Republic of China government affiliated branded cameras such as Dahua, Hikvision, Hytera, ZTE, and Huawei per the ban passed as part of the National Defense Authorization Act.

Key Points: 
  • According to security industry research and reporting organization IPVM, who recently detailed the law and compliance guidelines on their website, also noted that camera equipment replacements may not come from companies affiliated with the People's Republic of China government.
  • Triton Global Services CEO Greg Keef added, "Triton has had a long history of working closely with state and local municipalities on a variety of security-based projects.
  • As a former law enforcement officer myself, I can tell you first-hand how appreciative government agencies are when the private sector steps up to assist on education and compliance with respect to these type of issues."
  • Applications for fiscal year 2023 SLCGP grants closed on October 6th, 2023, but the program will run for at least another two years.

Bentley Systems Announces Operating Results for the Third Quarter of 2023

Retrieved on: 
Tuesday, November 7, 2023
Architecture, Software, Construction & Property, Building Systems, Engineering, Urban Planning, Technology, Manufacturing, Cloud, System, ARR, SBC, Event, BSY, EST, Conference, Asian Infrastructure Investment Bank, Association of Media in Digital Awards, Growth, OI, EPS, Commercial, Petoskey Public Works Utility Building, Infrastructure Investment and Jobs Act, Bentley Systems, Calendar, Cryptocurrency, Music, Retail, Commercial property, Life insurance, Video game, Adjustment

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced operating results for its third quarter and nine months ended September 30, 2023.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced operating results for its third quarter and nine months ended September 30, 2023.
  • CEO Greg Bentley said, “Our operating results this quarter demonstrate the sustainability of our more broadly balanced growth contributors.
  • Alternatively, the event can be accessed from the Events & Presentations page on Bentley Systems’ Investor Relations website at https://investors.bentley.com .
  • Those rules require the supplemental explanations and reconciliations that are in Bentley Systems’ Form 8-K (Quarterly Earnings Release) furnished to the SEC.

Parsons Reports Strong Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
STEM, Science, Critical infrastructure, Intelligence, Small business, Engineering, Intelligence community, Water, Construction management, Engineer, EBITDA, Corps, United States Department of Defense, Veteran, Acquisition, United States Intelligence Community, Missile Defense Agency, Infrastructure Investment and Jobs Act, United States Army Corps of Engineers, Dynamic Sealing Technologies, Inc., Data management, Artificial intelligence, Professional services, Southern Nevada Water Authority, Transport, Machine learning, LINE, Woman, Parsons, Disability, Defense, Kingdom, Fee, Engineering News-Record, Bookkeeping, Arms industry, Nursing, INDOPACOM, Maintenance, United States Army

CHANTILLY, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Third quarter 2023 adjusted EBITDA including noncontrolling interests increased by $21 million, or 51%, compared to the prior year period.
  • Cash flow from operating activities: Third quarter 2023: $204 million compared to $123 million in the third quarter of 2022.
  • During the third quarter of 2023, the company won four single-award contracts worth more than $100 million each.
  • Parsons continues to build on its strong track record of acquiring strategic companies in high-growth markets that broaden its portfolio and customer footprint.

Orion Energy Systems Announces Release of BABA Act-Compliant LED Lighting Fixtures

Retrieved on: 
Monday, October 30, 2023
Infrastructure Investment and Jobs Act, Education, EV, BABA, Orion, Society of American Military Engineers, Greenhouse gas emissions by the United States, Conference, ROI, LED, Buy American Act, IIJA, Lighting, LED strip light, Society, Orion Energy Systems, Consumer electronics

MANITOWOC, Wis., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, is proud to announce its latest line of LED lighting fixtures that are compliant with the Build America, Buy America (BABA) Act.

Key Points: 
  • MANITOWOC, Wis., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, is proud to announce its latest line of LED lighting fixtures that are compliant with the Build America, Buy America (BABA) Act.
  • These cutting-edge fixtures include LED High Bays, LED Strips, LED Strip Retrofits, LED Troffers, and LED Troffer Retrofits all manufactured at Orion’s state-of-the-art facility in Manitowoc, Wisconsin.
  • These new BABA Act-compliant LED lighting fixtures deliver DesignLights Consortium® efficiency while exceeding the Buy American Requirement established by the BABA Act.
  • "Our latest line of LED lighting fixtures that comply with the BABA Act not only guarantees our customers with high-quality, energy-efficient products but also unlocks federal funding opportunities that can significantly increase their ROI and sustainability."

Knife River Corporation Reports Third Quarter Earnings

Retrieved on: 
Monday, November 6, 2023
Building Systems, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Adjustment, Ratio, EBITDA, GAAP, Infrastructure Investment and Jobs Act, Energy, Transport, Culture, EDGE, Grey, Renewable energy, Retail

“Our third quarter 2023 revenue, net income, EBITDA and Adjusted EBITDA were better than any quarter in Knife River history.

Key Points: 
  • “Our third quarter 2023 revenue, net income, EBITDA and Adjusted EBITDA were better than any quarter in Knife River history.
  • “I would like to thank our entire Knife River team for their continued discipline in executing our EDGE plan to increase Adjusted EBITDA margins and deliver on our strategic goals,” Gray said.
  • Price increases outpaced costs for the quarter and positively contributed to our margins, as we made further progress toward our previously stated margin-expansion goals.
  • “As of August, nearly $80 billion in funding from the Infrastructure Investment and Jobs Act has been allocated to projects in states where Knife River operates.

Exelon Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Energy, Other Energy, Utilities, Oil, Gas, Pepco, Weather, Continuous operation, Treasury, BGE, PHI, CMC, Carbon, ROE, GAAP, Electricity, ACE, Infrastructure Investment and Jobs Act, PECO, Commonwealth Edison, EPS, Corporation, Table, Series, Natural gas, Bank, Insurance, Video game, Exelon

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.

Key Points: 
  • Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.
  • Adjusted (non-GAAP) Operating Earnings for the third quarter of 2023 decreased to $0.67 per share from $0.75 per share in the third quarter of 2022.
  • ComEd's third quarter of 2023 GAAP Net Income increased to $333 million from $291 million in the third quarter of 2022.
  • BGE’s third quarter of 2023 GAAP Net Income increased to $45 million from $33 million in the third quarter of 2022.

Saber Power Services Acquired by Greenbelt Capital Partners

Retrieved on: 
Wednesday, November 1, 2023
Construction & Property, Finance, Other Energy, Engineering, Utilities, Professional Services, Alternative Energy, Manufacturing, Energy, Other Construction & Property, Inflation Reduction Act of 2022, Ageing, Weather, Blackstone Credit, StepStone Group, History, IRA, Acquisition, Maintenance, Infrastructure Investment and Jobs Act, Kirkland & Ellis, Senior, Growth, Oaktree Capital Management, LLP, IIJA, Partnership, Latham & Watkins, Safety, Inflation, Capital, Renewable energy, Sabre, Green belt

Saber Power Services, LLC, (“Saber” or the “Company”), a fully integrated, substation and medium-to-high-voltage infrastructure services platform, announced today that an investor group led by Greenbelt Capital Management L.P. (“Greenbelt” or “Greenbelt Capital Partners”), in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc., has completed their acquisition of the Company from funds managed by Oaktree Capital Management, L.P. (“Oaktree”).

Key Points: 
  • Saber Power Services, LLC, (“Saber” or the “Company”), a fully integrated, substation and medium-to-high-voltage infrastructure services platform, announced today that an investor group led by Greenbelt Capital Management L.P. (“Greenbelt” or “Greenbelt Capital Partners”), in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc., has completed their acquisition of the Company from funds managed by Oaktree Capital Management, L.P. (“Oaktree”).
  • Saber offers deep subject matter expertise utilizing an engineering-led and customer-centric approach to delivering critical services.
  • Brian Bratton, CEO of Saber, said, “With over a decade of experience, the Saber Power team has demonstrated its ability to provide a safe, reliable and high-performance service offering that excels in complex environments.
  • Chris Murphy, Partner at Greenbelt, said, “Grid enablement and modernization is a key sector focus at Greenbelt.

ATA, State Trucking Associations Call on Governors to Provide Truck Parking Funds

Retrieved on: 
Wednesday, November 1, 2023
ATA, United States Department of Transportation, American Trucking Associations, Human, Transport, State, Federation, Infrastructure Investment and Jobs Act, Multimedia, Sleep, Fresh water, U.S. Department of Agriculture Cotton Annex, Letter, Road transport

WASHINGTON, Nov. 1, 2023 /PRNewswire/ -- Today, the American Trucking Associations, through its federation of 50 state associations, called on the governors of every state to prioritize truck parking with their infrastructure spending priorities.

Key Points: 
  • WASHINGTON, Nov. 1, 2023 /PRNewswire/ -- Today, the American Trucking Associations, through its federation of 50 state associations, called on the governors of every state to prioritize truck parking with their infrastructure spending priorities.
  • In a letter sent to every governor, ATA and state trucking associations spelled out the numerous new resources provided by the federal government, including new funds from the Infrastructure Investment and Jobs Act, to improve and expand truck parking facilities.
  • "Some states have already utilized these resources to increase parking capacity or improve the operational efficiency of existing facilities."
  • The industry has been calling for greater investment in truck parking capacity, citing safety concerns that affect the entire motoring public.

Orange County Partners with Aurigo Software to Streamline Right of Way and Project Management

Retrieved on: 
Wednesday, November 1, 2023
Financial management, Aurigo Software, Aurigo, State, Infrastructure Investment and Jobs Act, Software, Mosquito control, Orange County Convention Center, City, Transport, Public sector, Risk management, CIP, Capital improvement plan, Masterworks Chorale, Computer simulation, United States census, Property management, Central Florida, County

The system will also streamline key business processes in right of way management, construction management, and maintenance operations.

Key Points: 
  • The system will also streamline key business processes in right of way management, construction management, and maintenance operations.
  • Orange County is located in Central Florida and is the fifth-most populous county in the State.
  • "We are excited to partner with Orange County to deliver safe, resilient infrastructure and facilities for their constituents," said Balaji Sreenivasan, CEO and founder of Aurigo Software.
  • Masterworks will help modernize the County's right of way and land management processes, including parcel management, acquisitions, negotiations, leasing, and relocations.