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CGE Energy’s Subsidiary Aradatum is Making Next Moves

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BRIGHTON, Mich, April 22, 2021 (GLOBE NEWSWIRE) — CGE Energy, Inc.’s (OTCPink: CGEI) subsidiary, Aradatum, is making it’s strategic moves and is looking to soon publicly discuss it’s rollout plans in greater detail.

Aradatum is currently in a scale-up phase, with a sales network established to build pre-sales for deliveries beginning in 2022, readying the towers for commercial manufacturing, and speaking to investors to expedite their growth.

The market and short interest is readying for these moves. There has been a large drop in short interest. https://www.americanbankingnews.com/2021/04/14/cge-energy-inc-otcmktscgei-sees-large-decrease-in-short-interest.html

It has been previously made public that at some point in the future, CGE intends to spin-off its subsidiary, Aradatum, to own and operate self-powered cell towers for the telecom and technology markets.

As a point of clarity concerning the future ownership of Aradatum by CGE Energy Shareholders, when the spin-off occurs, the intent is that every CGE Shareholder on the date of the spin-off will receive Aradatum Shares on the basis of one Aradatum Share for every one CGE Share owned, as of the last trading day prior to the spin-off. Only CGE Shareholders at spin-off will receive Aradatum Shares.

Until the spin-off occurs, the primary way to obtain Aradatum ownership is through the ownership of CGE Shares purchased in the open market or a large private placement.

“I see great value in the opportunity of Aradatum’s self-powered wireless towers in the market,” said Bryan Zaplitny, CGE’s President and CEO, “As a CGE shareholder myself, I am excited to also be part of a groundbreaking tech company that, when spun out, is poised to have greater long-term enterprise value potential than a single company, as structured today. Our companies’ unique and differentiated types of power solutions can both shine independently and are in alignment with each organization’s sales activities.”

There are more than 300,000 additional cell towers needed to be constructed in the U.S. This will require a $500 Billion investment in new 5G infrastructure and Aradatum uniquely offers a solution to the geographic and power challenges that have limited the reach of next-generation wireless networks to date. Powered by clean, renewable energy with energy storage, Aradatum’s tower design is an environmentally responsible way to meet the growing demand for connectivity and for telecom providers to attain targeted and specific renewable energy goals.

About CGE Energy, Inc.

CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits.

http://www.cgeenergy.com/

About Aradatum, Inc.

Aradatum is a technology company that provides the keys to ubiquitous wireless connectivity. Aradatum puts the infrastructure in place to solve geographic and power challenges that have limited the reach of next-generation wireless networks, offering a simple way to provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks, and edge computing. Aradatum, Inc. is a subsidiary CGE Energy, Inc. www.aradatum.com

Press Release Contacts

CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com

This release may contain “forward-looking statements” that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as “may”, “will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions. These forward-looking statements reflect the Company’s current expectations about its future plans and performance. All forward-looking statements included in this release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements.

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Source: http://www.globenewswire.com/news-release/2021/04/22/2215199/0/en/CGE-Energy-s-Subsidiary-Aradatum-is-Making-Next-Moves.html

Globe NewsWire

McPhy annonce l’initiation de la couverture de son titre par ODDO-BHF

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La Motte-Fanjas, le 07 mai 2021 – 8h00 – McPhy (Euronext Paris Compartiment C : MCPHY, FR0011742329) spécialiste des équipements de production et distribution d’hydrogène zéro-carbone (électrolyseurs et stations de recharge), a le plaisir d’annoncer l’initiation de la couverture de son titre par ODDO-BHF avec une étude intitulée « Vers une dimension industrielle dans l’hydrogène vert ».

Afin d’élargir sa couverture des valeurs de croissance dédiées à la transition énergétique, ODDO-BHF a décidé d’initier le suivi du titre McPhy.

Le titre McPhy est par ailleurs suivi par les sociétés de bourse suivantes :

  • Barclays ;
  • Berenberg ;
  • Bryan Garnier ;
  • Gilbert Dupont / Groupe Société Générale ;
  • Kepler Cheuvreux ;
  • Panmure Gordon ; et
  • Portzamparc / Groupe BNP Paribas.

Prochains rendez-vous de communication financière                                                          

  • Assemblée Générale annuelle, le 17 juin 2021
  • Publication des Résultats du 1er semestre 2021, le 27 juillet 2021, après clôture des marchés

A propos de McPhy

Spécialiste des équipements de production et distribution d’hydrogène, McPhy contribue au déploiement mondial de l’hydrogène zéro-carbone comme solution pour la transition énergétique. Fort de sa gamme complète dédiée aux secteurs de l’industrie, la mobilité et l’énergie, McPhy offre à ses clients des solutions clés en main adaptées à leurs applications d’approvisionnement en matière première industrielle, de recharge de véhicules électriques à pile à combustible ou encore de stockage et valorisation des surplus d’électricité d’origine renouvelable. Concepteur, fabricant et intégrateur d’équipements hydrogène depuis 2008, McPhy dispose de trois centres de développement, ingénierie et production en Europe (France, Italie, Allemagne). Ses filiales à l’international assurent une large couverture commerciale à ses solutions hydrogène innovantes. McPhy est coté sur Euronext Paris (compartiment C, code ISIN : FR0011742329, code mnémonique : MCPHY).

CONTACTS

NewCap  
 

Relations investisseurs

Emmanuel Huynh
T. +33 (0)1 44 71 94 99
mcphy@newcap.eu

 

Relations presse

Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu   

                                   

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Source: https://www.globenewswire.com/news-release/2021/05/07/2225231/0/fr/McPhy-annonce-l-initiation-de-la-couverture-de-son-titre-par-ODDO-BHF.html

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McPhy announces the initiation of coverage of its stock by ODDO-BHF

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La Motte-Fanjas, May 7, 2021 – 8:00 am CEST McPhy (Euronext Paris, C Compartment: MCPHY, FR0011742329), a specialist in zero-carbon hydrogen production and distribution equipment (electrolyzers and recharging stations), is pleased to announce the initiation of coverage of its stock by ODDO-BHF with a study entitled “On track for industrial scale in green hydrogen”.

In order to broaden its coverage of growth stocks dedicated to the energy transition, ODDO-BHF has decided to initiate the coverage of the McPhy stock.

The McPhy stock is also covered by the brokerage firms:

  • Barclays;
  • Berenberg;
  • Bryan Garnier;
  • Gilbert Dupont / Groupe Société Générale;
  • Kepler Cheuvreux;
  • Panmure Gordon; and
  • Portzamparc / Groupe BNP Paribas.

Upcoming of financial communication events:

  • Annual General Meeting on June 17, 2021
  • Publication of half-yearly results on July 27, 2021 after market close

About McPhy

Specialized in hydrogen production and distribution equipment, McPhy is contributing to the global deployment of zero-carbon hydrogen as a solution for energy transition. With its complete range of products dedicated to the industrial, mobility and energy sectors, McPhy offers its customers turnkey solutions adapted to their applications in industrial raw material supply, recharging of fuel cell electric vehicles or storage and recovery of electricity surplus based on renewable sources. As designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production centers in Europe (France, Italy, Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy is listed on Euronext Paris (compartment C, ISIN code: FR0011742329, MCPHY).

To learn more: www.mcphy.com

McPhy is eligible PEA-PME

CONTACTS

NewCap  
 

Investor Relations

Emmanuel Huynh
T. +33 (0)1 44 71 94 99
mcphy@newcap.eu

 

Media Relations

Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu   

                                    

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Source: https://www.globenewswire.com/news-release/2021/05/07/2225231/0/en/McPhy-announces-the-initiation-of-coverage-of-its-stock-by-ODDO-BHF.html

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Photo Release — USS John C. Stennis (CVN 74) Arrives at Huntington Ingalls Industries’ Newport News Shipbuilding Division to Start its Refueling and Complex Overhaul

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NEWPORT NEWS, Va., May 06, 2021 (GLOBE NEWSWIRE) — Aircraft carrier USS John C. Stennis (CVN 74) arrived at Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding division today to start its refueling and complex overhaul (RCOH) after years of advance planning.

“For the last three years, we have planned each step of the aircraft carrier USS John C. Stennis’ (CVN 74) RCOH, including procuring long lead-time materials, conducting shipboard inspections and readying our facilities for this extensive engineering and construction project,” said Todd West, Newport News’ vice president, in-service aircraft carrier programs.

“We look forward to continuing our work with the ship’s crew and our 579 vendors across 36 states that provide material and services which brings stability of this industrial base and is critical to our ability to continue to build and maintain the Navy fleet our Navy and nation needs,” West added.

A photo accompanying this release is available at: https://newsroom.huntingtoningalls.com/file/stennis-cvn-74-arrives-nns.

Stennis is the seventh Nimitz-class carrier to undergo this major mid-life availability, representing 35% of all maintenance and modernization completed during its 50-year service life. Over the next four years, Newport News will perform hull and freeboard blast and paint, repairs to its propellers, sea chests, shafts, and rudders and defueling and refueling of its power plant.

This effort, which will continue through late 2025, will produce a recapitalized carrier capable of supporting current and future warfare doctrine while continuing to operate as the centerpiece of the Navy fleet and national defense for another 25 years.

Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 41,000 people operating both domestically and internationally. For more information, visit:

• HII on the web: www.huntingtoningalls.com
• HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries
• HII on Twitter: www.twitter.com/hiindustries  
• HII on YouTube: www.youtube.com/huntingtoningalls
• HII on Instagram: www.instagram.com/huntingtoningalls

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Source: https://www.globenewswire.com/news-release/2021/05/06/2225161/14858/en/Photo-Release-USS-John-C-Stennis-CVN-74-Arrives-at-Huntington-Ingalls-Industries-Newport-News-Shipbuilding-Division-to-Start-its-Refueling-and-Complex-Overhaul.html

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Scatec ASA – Long term incentive programme

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Oslo, 6 May 2021: Today, a total of 219,566 share options were granted to leading employees.

Each share option gives the right to subscribe for and be allotted one share in Scatec ASA. The strike price of the options is set to NOK 244.28 per share, which is based on the volume weighted average share price over the ten last trading days preceding 6 May 2021. The options will lapse if not exercised by 1 January 2025. The option grant is divided into three tranches whereby 1/3 vests each year over three years, with the first tranche vesting 1 January 2022. The current grant is the second of three contemplated annual grants of share options in accordance with Scatec’s share-based incentive programme.

For further information, please contact:
Ingrid Aarsnes, VP Communication & IR, tel: +47 950 38 364, email: ir@scatec.com

About Scatec ASA:
Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long- term player, Scatec develops, builds, owns and operates solar, wind and hydro power plants and storage solutions. Scatec has more than 3.5 GW in operation and under construction on four continents and more than 500 employees. The company is targeting 15 GW capacity in operation or under construction by the end of 2025. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’. To learn more, visit www.scatec.com, or connect with us on Linkedin.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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Source: https://www.globenewswire.com/news-release/2021/05/06/2224892/0/en/Scatec-ASA-Long-term-incentive-programme.html

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