Pacific typhoon season

Partners Value Investments LP Announces Normal Course Issuer Bids

Retrieved on:

Monday, January 16, 2023

The price which the Partnership will pay for any Equity LP Units and Preferred LP Units purchased will be the market price of the Equity LP Units and Preferred LP Units at the time of acquisition.

Key Points:

The price which the Partnership will pay for any Equity LP Units and Preferred LP Units purchased will be the market price of the Equity LP Units and Preferred LP Units at the time of acquisition.
Any Equity LP Units and/or Preferred LP Units acquired through the Bids will be cancelled.
As of December 31, 2022, there were 67,387,061 Equity LP Units outstanding and 16,037,647 Preferred LP Units outstanding.
Of the 3,373,123 Equity LP units and 801,918 Preferred LP Units approved for purchase under the Partnership’s prior normal course issuer bids that commenced on January 14, 2022 and expired on January 13, 2023, the Partnership purchased 77,400 Equity LP Units and 700 Preferred LP Units through the facilities of the Exchange.

Enphase Energy Expands IQ8 Microinverter Deployments in Puerto Rico

Retrieved on:

Thursday, January 12, 2023

Weather, Enphase Energy, Sunlight, Solar Energy Industries Association, Engineering, Pacific typhoon season, ENPH, Renewable energy, Solar micro-inverter

FREMONT, Calif., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that installers of Enphase® products in Puerto Rico have seen growing deployments of Enphase Energy Systems™ powered by IQ8™ Microinverters .

Key Points:

FREMONT, Calif., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that installers of Enphase® products in Puerto Rico have seen growing deployments of Enphase Energy Systems™ powered by IQ8™ Microinverters .
Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, residential solar deployments in Puerto Rico are forecast to reach over 170 MW in 2023, representing a 300 percent increase over the past three years.
Residential battery deployments in Puerto Rico are also expected to grow, with forecasts for battery capacity to approximately double by 2026, according to the most recent U.S. Energy Storage Monitor report from the Energy Storage Association and Wood Mackenzie.
“Enphase Energy Systems provide energy security for Puerto Rican homeowners by reducing their reliance on the grid,” said Reynaldo Miranda Ruiz, president at Evolution Solar .

Krisis Protection Launches Krisis Flood Bag, Protecting Home Contents and Business Assets from the Devastation of Floodwaters

Retrieved on:

Tuesday, January 10, 2023

Pacific typhoon season, Anxiety, Electronics, PVC, Research, Jewellery, Water, Climate change, Insurance, Risk management, Super

JACKSONVILLE, Fla., Jan. 10, 2023 /PRNewswire/ -- Krisis Protection today announced the launch of its proprietary floodwater protection line of Krisis Flood Bags, a practical solution of military-grade watertight asset protection bags that keep your home and business contents dry from floodwater damage brought by devastating floodwaters, hurricanes and natural disasters.

Key Points:

Founded by Steve Harris, CEO, and business partner Bill Pollock, Krisis Protection is an innovative start-up at the forefront of flood disaster protection.
After years of research designing an effective watertight bag, Krisis Protection debuted an internationally certified floodwater solution in the form of three different sized bags to protect important contents from water.
Krisis Flood Bags are the first of its kind, offering home content and business asset protection, serving as a second line of defense after floodwaters have found their way inside your home or business."
To learn more about Krisis Protection, Krisis Flood Bags, and the company's work to offer an innovative, unique product to protect home contents and business assets, please visit www.krisisbags.com

Progressive Announces Updated Loss Estimates From Hurricane Ian

Retrieved on:

Wednesday, December 21, 2022

Knowledge, NYSE, Progressive Corporation, Loss, PGR, Pacific typhoon season, Insurance

MAYFIELD VILLAGE, OHIO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today reported updated incurred loss estimates related to Hurricane Ian, which made multiple landfalls beginning in late September 2022.

Key Points:

MAYFIELD VILLAGE, OHIO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today reported updated incurred loss estimates related to Hurricane Ian, which made multiple landfalls beginning in late September 2022.
As of December 20, 2022, our estimate, which is subject to change, for our vehicle losses, including boats and recreational vehicles, is essentially unchanged from November 2022.
For our Property business, prior to giving effect to reinsurance, our loss and allocated loss adjustment expenses (ALAE) is estimated to be $1 billion, which reflects favorable development of $400 million from our estimated loss and ALAE of $1.4 billion reported as of September 30, 2022.
We continue to evaluate and reserve for this catastrophe using our knowledge and experience of reporting patterns from many past storms, in addition to actual claims reported and assumptions specific to this hurricane.

Tallgrass Announces Series of Initiatives in Southeast Louisiana

Retrieved on:

Wednesday, December 28, 2022

By prioritizing the people of Southeast Louisiana and advancing our hurricane preparedness, this agreement highlights the importance my Administration has placed on attracting companies to Louisiana who prioritize Louisianans,” said Governor John Bel Edwards.

Key Points:

By prioritizing the people of Southeast Louisiana and advancing our hurricane preparedness, this agreement highlights the importance my Administration has placed on attracting companies to Louisiana who prioritize Louisianans,” said Governor John Bel Edwards.
Additionally, CPRA and Tallgrass will create the Ironton & Southeast Louisiana Committee.
“When we started with the property in Plaquemines Parish, we set out to be a partner of Ironton and Southeast Louisiana for the long-haul.
While our development plans changed over time – our commitment to the community remains unchanged,” said Matt Kegg, Director of Terminals at Tallgrass.

The Allstate Corporation Announces a Net Zero Emissions Commitment

Retrieved on:

Friday, December 23, 2022

Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Insurance, Finance, Pacific typhoon season, Sustainability reporting, Climate, NYSE, Allstate, Climate change, Carbon, Chair, Wildfire, Weather, Tornado, ALL, Renewable energy

The Allstate Corporation (NYSE: ALL ), one of the nation’s largest publicly held personal lines insurers, today announced it has committed to achieve net zero emissions for direct, indirect and value-chain greenhouse gas emissions by 2030.

Key Points:

The Allstate Corporation (NYSE: ALL ), one of the nation’s largest publicly held personal lines insurers, today announced it has committed to achieve net zero emissions for direct, indirect and value-chain greenhouse gas emissions by 2030.
It will also set a target year for achieving a net zero investment portfolio by the end of 2025.
Allstate’s pledge means it will exceed by 20 years the 2050 net zero target set in the Paris climate accords.
To supplement our short-term remediation initiatives we are making net zero emissions commitments that are tangible and reasonable."

Global Weather App Market Report 2022: Rise in the Tracking of the Weather for Disaster Management Drives Growth - ResearchAndMarkets.com

Retrieved on:

Thursday, December 22, 2022

The Global Weather App Market size is expected to reach $1.4 billion by 2028, rising at a market growth of 9.2% CAGR during the forecast period.

Key Points:

The Global Weather App Market size is expected to reach $1.4 billion by 2028, rising at a market growth of 9.2% CAGR during the forecast period.
Monitoring services are essential to the management of disasters because they provide constant information on variable weather scenarios.
Based on Marketplace, the weather app market is segmented into google play store, apple iOS store and others.
Cloud-based content management is available through the Google Play Store, which Android users can access via the Google Play app.

Talos Energy Achieves Successful Results from Lime Rock and Venice Prospects

Retrieved on:

Tuesday, January 3, 2023

Lime Rock and Venice Highlights:

Key Points:

Lime Rock and Venice Highlights:
78 feet and 72 feet of net hydrocarbon pay in the primary targets at Lime Rock and Venice, respectively, with excellent geologic qualities; Talos collected pressure, fluid and core samples from the wells to confirm the discoveries.
Subsea tieback distance to the Ram Powell facility of 9 miles for the Lime Rock discovery and 4 miles for the Venice discovery.
Simultaneously, Talos applied proprietary seismic reprocessing techniques to multiple recent vintage seismic surveys to identify new drilling prospects near Ram Powell, including Lime Rock and Venice.
Talos originally held a 100% working interest in both prospects prior to successful farm-downs to achieve its targeted 60% working interest.

Rayonier Completes Acquisitions in U.S. South

Retrieved on:

Monday, December 19, 2022

The Acquisitions comprise approximately 137,800 acres of well-stocked and highly productive timberlands located in some of the strongest timber markets in the U.S. South.

Key Points:

The Acquisitions comprise approximately 137,800 acres of well-stocked and highly productive timberlands located in some of the strongest timber markets in the U.S. South.
As a result, Rayonier now expects the Acquisitions to contribute an average annual harvest volume of approximately 725,000 tons and an average annual Adjusted EBITDA* contribution from timberland operations of approximately $23 million over the next 10 years.
Rayonier financed the Acquisitions with cash on hand and proceeds from incremental borrowings through the Farm Credit System.
As of September 30, 2022, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.79 million acres), U.S. Pacific Northwest (486,000 acres) and New Zealand (417,000 acres).

Global Weather App Market to Reach $1.4 Billion by 2028 at a CAGR of 9.2%

Retrieved on:

Thursday, December 29, 2022

The Global Weather App Market size is expected to reach $1.4 billion by 2028, rising at a market growth of 9.2% CAGR during the forecast period.

Key Points:

The Global Weather App Market size is expected to reach $1.4 billion by 2028, rising at a market growth of 9.2% CAGR during the forecast period.
Monitoring services are essential to the management of disasters because they provide constant information on variable weather scenarios.
Based on Marketplace, the weather app market is segmented into google play store, apple iOS store and others.
In 2021, the google play store segment dominated the weather app market with the highest revenue share.