Company officials said that Tesla vehicles account for more than 85 percent of electric cars in use across the United States. By installing Tesla Charging, LAZ will attract Tesla drivers to its parking garages via Tesla’s in-app and in-car touch screens. By hosting Tesla charging zones at current and future locations, LAZ can generate incremental revenue for clients. Residential, commercial, hotel, and retail locations are the primary focus of the initial launch.
“Providing value for our clients and customers is, and always has been, at the heart of everything we do as a company,” said LAZ Chairman and CEO Alan Lazowski. “This initiative recognizes the rapid growth of the electric vehicle market and positions our clients to meet the fast-growing demand for charging stations. At the same time, it provides clients with a way to implement these upgrades at a significantly reduced cost while benefitting from the revenue generated from the use of chargers.”
Tesla is rolling out a pay-for-use charge network throughout LAZ locations. Rates will be competitive and comparable to other Tesla chargers in each area.
“The EV market is growing exponentially, and our customers will need more and more charging,” Lazowski said. “As LAZ expands its Proximity on Demand Services (PODS), it is imperative that we enable EV charging transactions within our parking facilities for our customers and clients.”
About LAZ Parking
LAZ Parking, founded in Hartford, CT, in 1981, is one of the largest and fastest-growing parking companies in the United States, operating over 1.2 million parking spaces across the country in over 3,128 locations in 32 states and 438 cities. With four decades of experience providing parking management, transportation, and mobility services, LAZ works seamlessly across a variety of market segments, including hospitality and valet, office buildings, medical, airport and transportation, campus, government and municipal, retail, events, residential buildings, and shuttle services. Additional information can be found at www.lazparking.com.
SOURCE LAZ Parking
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Atlantic Power Announces Intention to Redeem Medium Term Notes
DEDHAM, Mass., May 11, 2021 /PRNewswire/ — Atlantic Power Corporation (NYSE: AT) (TSX: ATP) (“Atlantic Power” or the “Company”) announced today that its indirect, wholly-owned subsidiary, Atlantic Power Limited Partnership (“APLP”) has exercised its right to mandatorily redeem its C$210,000,000 principal amount of 5.95% medium term notes due June 23, 2036 (the “Notes”), conditional on closing of the previously announced proposed transaction among Atlantic Power, Atlantic Power Preferred Equity Ltd., APLP and certain affiliates (collectively the “Purchasers”) of infrastructure funds managed by I Squared Capital Advisors (US) LLC (the “Transaction”). The parties are currently targeting May 14, 2021 as the closing date for the Transaction.
The redemption will be effected in accordance with the terms of the trust indenture dated as of June 15, 2006 (the “Base Indenture”) between APLP and BNY Trust Company of Canada, as trustee (the “Trustee”), as amended by a supplemental indenture entered into between APLP and the Trustee on May 10, 2021 (the “Supplemental Indenture”). The Supplemental Indenture gives effect to certain amendments to the Base Indenture that, among other things, provide for the mandatory redemption of the Notes conditional on closing of the Transaction (the “Amendments”). The Amendments were previously approved by holders of approximately 89.9% of the principal amount of Notes outstanding as part of a consent solicitation process commenced in February 2021 (the “Consent Solicitation”).
The redemption price for the Notes is equal to 106.071% of the principal amount of the Notes outstanding and will include accrued and unpaid interest on the Notes up to, but excluding, the closing date of the Transaction.
As previously disclosed, holders of Notes that delivered valid consents to the Amendments in connection with the Consent Solicitation prior to 5:00 p.m. (Toronto time) on March 16, 2021 will also be entitled to receive, conditional upon closing of the Transaction, a consent fee equal to 0.25% of the aggregate principal amount of Notes in respect of which a consent was delivered prior to such time.
The Transaction remains subject to the satisfaction or waiver of certain conditions, including certain remaining third-party consents and other customary closing conditions.
Atlantic Power and APLP retained RBC Dominion Securities Inc. as solicitation agent in connection with the Consent Solicitation. Questions concerning the redemption of the Notes should be directed to RBC Dominion Securities Inc. by telephone at 416-842-6311 or 1-877-381-2099 (toll-free) or by email at [email protected].
About Atlantic Power
Atlantic Power is an independent power producer that owns power generation assets in eleven states in the United States and two provinces in Canada. The Company’s generation projects sell electricity and steam to investment-grade utilities and other creditworthy large customers predominantly under long–term PPAs that have expiration dates ranging from 2021 to 2043. The Company seeks to minimize its exposure to commodity prices through provisions in the contracts, fuel supply agreements and hedging arrangements. The projects are diversified by geography, fuel type, technology, dispatch profile and offtaker (customer). Approximately 75% of the projects in operation are 100% owned and directly operated and maintained by the Company. The Company has expertise in operating most fuel types, including gas, hydro, and biomass, and it owns a 40% interest in one coal project.
APLP is an indirect, wholly-owned subsidiary of Atlantic Power and is the issuer of the Notes.
Atlantic Power’s common shares currently trade on the NYSE under the symbol AT and on the TSX under the symbol ATP. For more information, please visit the Company’s website at www.atlanticpower.com or contact:
Atlantic Power Corporation
Copies of the Company’s financial data and other publicly filed documents are available on SEDAR at www.sedar.com or on EDGAR at www.sec.gov/edgar.shtml under “Atlantic Power Corporation” or on the Company’s website.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this news release may constitute forward-looking information or forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking statements”), which reflect the expectations of management regarding the future growth, results of operations, performance and business prospects and opportunities of the Company and its projects. These statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of the words “plans”, “expects”, “does not expect”, “is expected”, “budget”, “estimates”, “forecasts”, “targets”, “intends”, “anticipates” or “does not anticipate”, “believes”, “outlook”, “objective”, or “continue”, or equivalents or variations, including negative variations, of such words and phrases, or state that certain actions, events or results, “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. Examples of such statements in this news release include, but are not limited to, statements with respect to whether the Transaction will close, the anticipated timing of any such closing of the Transaction, the redemption of the Notes and the payment of consent fees.
Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not or the times at or by which such performance or results will be achieved. Please refer to the factors discussed under “Risk Factors” and “Forward-Looking Information” in the Company’s periodic reports as filed with the U.S. Securities and Exchange Commission (the “SEC”) from time to time for a detailed discussion of the risks and uncertainties affecting the Company. Although the forward-looking statements contained in this news release are based upon what are believed to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. These forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to update or revise them to reflect new events or circumstances.
SOURCE Atlantic Power Corporation
Ecopetrol announces new Vice-President of Exploration
BOGOTÁ, Colombia, May 11, 2021 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces that Jorge Arturo Calvache, Vice-President of Exploration has decided to retire as of June 1, 2021. The Company acknowledges and thanks Jorge for his leadership and contribution managing Ecopetrol’s Exploration business during the past two years.
In his replacement, Elsa Jeanneth Jaimes has been appointed to the position. Mrs. Jaimes graduated as a Geologist from Universidad Industrial de Santander in Colombia, with a master’s degree in Petroleum Geology from the University of Texas. She has more than 29 years of professional experience in national and international companies that are part of the Ecopetrol Business Group, such as Ecopetrol S.A. and Hocol S.A., a company in which she had been serving as Vice President of Exploration since 2015 to date, and in which she also worked as exploration manager of the southern region from October 2014 to February 2015. She has also worked at Lasmo Oil, Petrobras, and OGX Petróleo e Gas Ltda.
Ecopetrol is Colombia’s largest firm and is an integrated oil company that is among the 50 largest in the world and the four largest in Latin America. In addition to Colombia, where it generates over 60% of the country’s production, it is active in exploration and production in Brazil, Peru and the United States (Gulf of Mexico). Ecopetrol operates the largest refinery in Colombia, most of the country’s oil-pipeline and polyduct network and is significantly increasing its share of bio-fuels. This press release contains statements relating to business prospects, estimates of operating and financial results, and Ecopetrol’s growth prospects. All are projections, and therefore are based solely on management’s expectations of the company’s future and its continuous access to capital to finance its sales plan. Achieving these estimates in the future depends on its performance under given market conditions, regulations, competition, the performance of the Colombian economy and industry, and other factors; therefore, they are subject to change without prior notice.
For further details, please contact:
Head of Capital Markets
Tatiana Uribe Benninghoff
Email: [email protected]
Media Engagement (Colombia)
Jorge Mauricio Tellez
Phone: + 571-234-4329
Email: [email protected]
SOURCE Ecopetrol S.A.
JinkoSolar Awarded Top 1 Prestigious Module PV Brand in Vietnam with over 2.5GW supplied in 2020
SHANGRAO, China, May 11, 2021 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has been awarded Top 1 Prestigious Module PV Brand in Vietnamese Market 2020 voting jointly organized by the National Steering Committee for electricity Development of Vietnam, the Ministry of Industry and Trade (MOIT), and Vietnam Energy Magazine.
According to the 2020 Vietnam Module Shipments Market Report jointly published by MOIT and Vietnam Energy Online, the total installed capacity for Vietnam was around 13.4GW for 2020. JinkoSolar was the top manufacturer with over 2.5GW of solar modules supplied to the Vietnamese market, making up more than 18% market share for the overall market and 36.8% for the utility market in 2020.
Vietnam ranked third in the newly installed solar power capacity in the world, right after China and the United States, respectively. The demand for PV modules in Vietnam has also been gradually ramped up towards monocrystalline and large silicon wafers. Higher power generation, higher conversion efficiency and large size design are all important factors to consider for customers with rooftop PV installations. Last year, JinkoSolar launched its ultra-efficient Tiger Pro modules targeted for distributed generation market. With lower LCOE and long-term reliability under all-weather conditions, the Tiger Pro series have become the top choice for rooftop installations in Vietnam, leveraging on its ultra-high module power, high conversion efficiency and user-friendly module size.
Mr. Gener Miao, CMO of JinkoSolar Co., Ltd., commented: “Vietnam is one of the fastest-growing economies in Asia Pacific, JinkoSolar’s No. 1 position in the market reflects our excellence in product quality, strong network and customer service in the region. JinkoSolar will continue to promote clean energy transformation and bring more value to our customers with industry-leading technology, superior product quality, and excellent customer service. We are pleased to see more innovative enterprises being recognized by top authorities in Vietnam, as the country continues to advocate for clean energy transformation and to drive the high-speed economic development of Vietnam’s PV market.”
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 22 GW for mono wafers, 11 GW for solar cells, and 31 GW for solar modules, as of December 31, 2020.
JinkoSolar has 9 productions facilities globally, 23 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of December 31, 2020.
To find out more, please see: www.jinkosolar.com
This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends, “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: [email protected]
SOURCE JinkoSolar Holding Co., Ltd.
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Enapter prepara el lanzamiento del AEM Multicore en 2022
Como líder de la tecnología de electrólisis AEM, Enapter reducirá el coste del hidrógeno verde mediante la producción en masa de productos estandarizados. El AEM Multicore no es una excepción: Contará con 440 módulos de núcleo de electrolizador producidos en serie -los “AEM stacks”- en un sistema completo que puede producir ~450 kg de hidrógeno al día. Esto equivale a la energía de unos 9,5 barriles de petróleo. Con este enfoque modular, ofrece una alternativa de menor coste a los electrolizadores tradicionales de clase megavatio y también es muy sensible a las fluctuaciones de la electricidad renovable.
“El AEM Multicore será más barato que los electrolizadores PEM comparables y el uso de módulos AEM apilados producidos en serie marca la diferencia”, afirma Sebastian-Justus Schmidt, presidente de Enapter AG. “El enfoque modular hace que todo el sistema sea más asequible, pero también mucho más robusto y enormemente flexible. Esto lo hace ideal para el uso de energías renovables intermitentes”.
Su enfoque multinuclear también ofrece ventajas de fiabilidad en comparación con los sistemas convencionales. Si un módulo de la pila falla, puede sustituirse en unos pocos pasos, mientras que el sistema de “equilibrio de la planta” que apoya la producción de hidrógeno también tiene redundancia incorporada. Su singular modularidad permite a AEM Multicore ajustar con flexibilidad los niveles de producción en reacción a los cambios en el suministro de energía renovable.
Los científicos consideran que la AEM es la tecnología de electrólisis más rentable. Enapter está cada vez más cerca de hacer realidad todo el potencial de AEM, con la construcción de su planta de producción en serie “Campus” en Saerbeck, que comenzará en otoño de este año y estará terminada y operativa en 2022. De este modo, el AEM Multicore estará preparado para contribuir de forma sustancial a la rápida ampliación de la capacidad de los electrolizadores, como los 5 GW que Alemania espera ver instalados para 2025. Con la capacidad de producción anual prevista del Campus, de 280MW, podría cumplir más del 5% de este objetivo cada año.
Descargue el dossier de prensa aquí.
Acerca de Enapter
Enapter esuna empresa galardonada que fabrica generadores de hidrógeno modulares y altamente eficientes basados en la tecnología de electrólisis de membrana de intercambio aniónico (AEM). Su tecnología central, protegida por patente, tiene un historial probado de 10 años y permite crear electrolizadores únicos, de bajo coste y compactos. Se utilizan en más de 33 países, en sectores como la energía, la movilidad, las telecomunicaciones y la calefacción, entre otros. Enapter tiene oficinas en Italia, Alemania, Tailandia y Rusia.
+49 30 92 100 81 35
SOURCE Enapter GmbH
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