Constellation Energy

Strike Looms at Nuclear Power Plants in Illinois - Constellation Energy Corporation Fair Contract Now for Braidwood, LaSalle & Dresden

Retrieved on: 
Wednesday, April 3, 2024
Constellation, Constellation Energy, National Union, MOU, Union, Clinton Power Station, Negotiation, Power station, United Federation, Organizing, NRC, Light, Power plant engineering, Life, Wind, Plant, CBA, Public sector, FMCS, Collective bargaining, Insurance

BRACEVILLE, Ill., April 3, 2024 /PRNewswire-PRWeb/ -- Security officers at nuclear power plants operated by Constellation energy company may go on strike after the union representing them and the company have so far failed to reach an agreement on a new contract. Under federal law, nuclear plants must operate under a costly contingency plan in the run-up to and during a strike, and the union highlights the fact that cost of the contingency plan far exceeds the cumulative cost to the company of the annual wage increases to the security officers during the life of the contract.

Key Points: 
  • The security officers in four of Constellation's fourteen nuclear plants are represented by the National Union of Nuclear Security Officers (NUNSO), a division of United Federation LEOS-PBA.
  • ; Clinton Power Station, in Clinton, IL; and R. E. Gina nuclear Power Plant in Ontario, NY.
  • Security officers at one other Constellation nuclear plant, the Dresden Generating Station in Morris, IL, are represented by SEIU Local 1 in Chicago.
  • The security officers contract in these two plants have a no-strike clause:
    If a nationwide strike is called against Constellation energy company by the Union, LEOS-PBA expects that the other unions would honor its strike line — essentially, shutting down Constellation energy company's nuclear sites nationwide.

Supplier.io Releases Winning Strategies of Top-Performing Supplier Diversity Programs for 2024

Retrieved on: 
Tuesday, January 23, 2024
Technology, Transport, Professional Services, Software, Data Analytics, Data Management, Logistics, Supply Chain Management, Environmental, Social and Governance (ESG), Retail, Constellation, Principal, Best practice, Software as a service, Business, ESG, Growth, Risk, Carbon, U.S. Cellular, Enterprise mobility management, Constellation Energy

Supplier.io , a leading SaaS provider of supplier diversity and ESG data and management solutions, has released its Supplier Diversity Best Practices for 2024 Report , which outlines how leaders are leveraging supplier diversity programs to overcome new challenges in the year to come.

Key Points: 
  • Supplier.io , a leading SaaS provider of supplier diversity and ESG data and management solutions, has released its Supplier Diversity Best Practices for 2024 Report , which outlines how leaders are leveraging supplier diversity programs to overcome new challenges in the year to come.
  • Supplier diversity programs play a critical role in enhancing supply chain competitiveness amid these challenges,” said Aylin Basom, CEO of Supplier.io.
  • February 22: Supplier Diversity Best Practices with Enterprise Mobility featuring Dwayne Norris, Corporate Supplier Diversity Manager at Enterprise Mobility.
  • Access the complete Supplier Diversity Best Practices for 2024 Report for more insights and best practices to strengthen your supplier diversity program results today.

Robert Denton Elected as Chairman of the Board of Trustees

Retrieved on: 
Friday, January 5, 2024
Construction & Property, Defense, REIT, Other Defense, Constellation, Real estate investment trust, Mid-Atlantic (United States), Government, The Electric Company, Trustee, Constellation Energy, CEG, CDP, Management

COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its Board of Trustees elected Robert L. Denton, Sr. to serve as Chairman of the Board, effective January 1, 2024.

Key Points: 
  • COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its Board of Trustees elected Robert L. Denton, Sr. to serve as Chairman of the Board, effective January 1, 2024.
  • Mr. Denton has served as an Independent Trustee of the Company since 1999 and is currently the Chairman of the Nominating and Corporate Governance Committee.
  • Thomas F. Brady resigned as Chairman of the Board, effective December 31, 2023, but remains on the Board.
  • Thomas F. Brady had been Chairman of the Company’s Board since May 2013 and has been a Member of the Board since January 2002.

Supplier.io Recognizes Supply Chain Diversity Leaders for Commitment to Small and Diverse Spend

Retrieved on: 
Monday, December 18, 2023
Technology, Transport, Professional Services, Software, Small Business, DEI (Diversity, Equity and Inclusion), Data Management, Logistics, Supply Chain Management, Retail, Constellation, Enterprise software, Organization, Telecommunications, CVS Health, Economic impact analysis, Supply chain, Constellation Energy, Supply, Software as a service, Health, ESG, Renewable energy

The report also launches its inaugural Supply Chain Diversity Excellence Awards , which celebrates this year’s leaders such as CVS Health and Constellation Energy.

Key Points: 
  • The report also launches its inaugural Supply Chain Diversity Excellence Awards , which celebrates this year’s leaders such as CVS Health and Constellation Energy.
  • “By investing in small and diverse suppliers, companies are not only fostering innovation and enhancing their supply chain competitiveness, but also effectively reducing risks and costs.
  • Our Supply Chain Diversity Excellence Award is a recognition of the organizations that demonstrate significant commitment to enriching the global marketplace through inclusive procurement strategies.”
    The companies within Supplier.io’s 2023 Economic Impact report – including the Supply Chain Diversity Leaders – collectively generated over 1.3 million jobs, $104 billion in income, and $31.4 billion in tax revenue to the global economy through small and diverse spend last year.
  • The Supply Chain Diversity Leaders include companies across a wide variety of industries, including healthcare, retail, manufacturing, telecommunications, and transportation.

Electriq Power Announces New Addition to its Board of Directors

Retrieved on: 
Thursday, August 17, 2023
Technology, Professional Services, Batteries, Other Energy, Utilities, Other Technology, Software, Alternative Energy, Energy, Hardware, Finance, Constellation, Low, Sustainability, Risk, McCormick & Company, Exelon, Risk management, LMI, Woman, Constellation Energy, Organization, McCormick, Treasury, Local government, Corporate finance, Power, Knowledge, City, AES, Professional Football Compensation Committee, NYSE, Compensated emancipation, Management, Renewable energy

Electriq Power (Electriq) (NYSE:ELIQ), a provider of intelligent energy storage and management for homes and small businesses, today announced the appointment of Jennifer Lowry to its Board of Directors, effective immediately.

Key Points: 
  • Electriq Power (Electriq) (NYSE:ELIQ), a provider of intelligent energy storage and management for homes and small businesses, today announced the appointment of Jennifer Lowry to its Board of Directors, effective immediately.
  • “We are delighted Jennifer has agreed to join both our Board of Directors and the Compensation Committee,” said Mike Lawrie, Chairman of Electriq’s Board of Directors.
  • “I am thrilled to be joining the Electriq Board of Directors,” said Jennifer Lowry.
  • "Jennifer’s deep experience in both the energy market and in project finance makes her a perfect addition to the Electriq board.

NRG Announces $1.75 Billion Asset Sale, Unlocking Significant Shareholder Value; Announces 2023 Investor Day

Retrieved on: 
Thursday, June 1, 2023
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, Constellation, NRG, LLP, EV, Share repurchase, STP, California Public Utilities Commission, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Morgan Stanley, Constellation Energy, Hart–Scott–Rodino Antitrust Improvements Act, Sale, South Texas Nuclear Generating Station, Public utilities commission, NRG Energy, EBITDA, McGuireWoods, NYSE, Cryptocurrency

“Today’s announcement is the continuation of our strategy to optimize our portfolio while creating significant shareholder value,” said Mauricio Gutierrez, NRG President and Chief Executive Officer.

Key Points: 
  • “Today’s announcement is the continuation of our strategy to optimize our portfolio while creating significant shareholder value,” said Mauricio Gutierrez, NRG President and Chief Executive Officer.
  • Upon closing, the sale exceeds the previously disclosed 2023 asset sale target of $500 million.
  • On May 31, 2023, the NRG Board of Directors authorized $650 million in share repurchases to be initiated following the closing of the STP sale.
  • NRG plans to host its 2023 Investor Day on Thursday, June 22, 2023, at 9:00 am Eastern Time.

Sunraycer Renewables Appoints Former Constellation Energy Leader David Lillefloren as CEO

Retrieved on: 
Wednesday, May 17, 2023
Constellation, Asset management, Conergy, Partnership, Disbursement Acceleration Program, Impax Asset Management Group, Policy, EPC, Constellation Energy, United States Department of the Navy, Sunraycer, O&M, United States Naval Academy, Renewable energy, MD

ANNAPOLIS, Md., May 17, 2023 /PRNewswire/ -- Sunraycer Renewables ("Sunraycer"), an Annapolis, MD based renewable energy platform, which was previously known as Crayhill Renewables, is pleased to announce the appointment of David Lillefloren as CEO.

Key Points: 
  • ANNAPOLIS, Md., May 17, 2023 /PRNewswire/ -- Sunraycer Renewables ("Sunraycer"), an Annapolis, MD based renewable energy platform, which was previously known as Crayhill Renewables, is pleased to announce the appointment of David Lillefloren as CEO.
  • Currently, Sunraycer owns and is developing over 20 projects, predominantly in Texas, with aggregate clean energy output of over 4 GW.
  • Mr. Lillefloren previously worked for Constellation Energy ("Constellation") as a Director in the Asset Management & Power Services group for 18 years.
  • Sunraycer recently raised capital from several new institutional partners, positioning the platform to capitalize on the growing demand for renewable energy.

Fresh Vine Wine Announces New Chief Executive Officer to Drive Growth

Retrieved on: 
Tuesday, April 25, 2023
Constellation, DTC, Interim, MIT Sloan School of Management, Wine, Aluminium, Porsche, Constellation Energy, Associate, Business administration, EBITDA, Birmingham City University, Capital, NYSE American, IBM Consulting, Knowledge, Growth, Panasonic Executive Partner, KPMG, Master of Business Administration, Financial management, NYSE, Land Rover, Management

MINNEAPOLIS, April 25, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE), the premier producer of premium lower carb, lower sugar, and lower calorie wines in the United States, today announced that its Board of Director has appointed Roger Cockroft as its new Chief Executive Officer.

Key Points: 
  • MINNEAPOLIS, April 25, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE), the premier producer of premium lower carb, lower sugar, and lower calorie wines in the United States, today announced that its Board of Director has appointed Roger Cockroft as its new Chief Executive Officer.
  • Michael D. Pruitt, Chairman of the Board of Directors, said, “The Board is extremely pleased to welcome someone of Roger’s accomplishments as our new Chief Executive Officer.
  • Throughout his career he has achieved large-scale change and meaningfully improved financial results through both revenue growth and improvements in operational efficiency.
  • Consequently, I believe Fresh Vine Wine is in an enviable position to achieve rapid expansion and significantly penetrate underserved markets.

HGP Storage Announces Structured Acquisition for Energy Storage Portfolio in Texas Facilitated by LevelTen Energy's Asset Marketplace

Retrieved on: 
Thursday, April 13, 2023
Constellation, Partnership, Procurement, Constellation Energy, History, Sale, HGP, Hartree, Growth, Software, Cryptocurrency, DALLAS, ERCOT

DALLAS, April 13, 2023 /PRNewswire-PRWeb/ -- HGP Storage LLC ("HGP"), a leading developer of stand-alone energy storage, is pleased to announce the structured sale of a portfolio of distributed battery energy storage projects to a leading independent North American renewable energy investor. The storage portfolio is in ERCOT with anticipated commercial operation dates in 2023 and 2024.

Key Points: 
  • DALLAS, April 13, 2023 /PRNewswire-PRWeb/ -- HGP Storage LLC ("HGP"), a leading developer of stand-alone energy storage, is pleased to announce the structured sale of a portfolio of distributed battery energy storage projects to a leading independent North American renewable energy investor.
  • LevelTen launched its Asset Marketplace in 2021, and since then more than 250 clean energy project developers have participated in over 90 asset processes.
  • "As the energy storage market has matured, LevelTen has been important in matching long-term, operating capital to construction-ready developers.
  • LevelTen is excited to have assisted HGP with our Asset Marketplace," said Patrick Worrall, Vice President of Asset Marketplace, LevelTen Energy.

T. ROWE PRICE EXECUTIVES NAMED TO BARRON'S TOP 100 INFLUENTIAL WOMEN IN U.S. FINANCE 2023 LIST

Retrieved on: 
Tuesday, April 4, 2023
Constellation, Communication, Loyola University Maryland, T. Rowe Price, College, University, Controller, Culture, Barron's, D.A.V. College Managing Committee, Cowen Inc., Business, Risk management, Chartered, Woman, Constellation Energy, Control Group, Loyola University, Economics, Black, University of Virginia Darden School of Business, Strategic management, Acquisition, United Black Association for Development, B.A, CFO, OHA, Management, Cheryl, Finance

Taxable Low Duration Cheryl Mickel have been named to Barron's Top 100 Most Influential Women in U.S. Finance 2023 list .

Key Points: 
  • Taxable Low Duration Cheryl Mickel have been named to Barron's Top 100 Most Influential Women in U.S. Finance 2023 list .
  • This prestigious recognition honors women who are helping to shape the modern financial services industry and leading it confidently into the future.
  • "We are proud that Barron's has recognized the contributions of two of our senior leaders," said Rob Sharps, chief executive officer and president, T. Rowe Price Group.
  • "We are grateful for the perspectives and skills that they bring to the leadership of T. Rowe Price and how they enrich our strong culture."