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Activities between Nov. 16, 2024, 12:39 a.m. and Nov. 23, 2024, 12:39 a.m. from: Electric Utility Business.

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Sabanci Climate Technologies Joins Greentown Labs as Newest Terawatt Partner

Document Date: Nov. 21, 2024, 2 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: Republic of Turkey
Provided_By: Partnership: Document Extract: Sabanci Climate Technologies Joins Greentown Labs as Newest Terawatt Partner. The pioneer of Türkiye's energy and utilities sector will engage directly with the incubator's community of 200+ climatetech and energy-transition startups. SOMERVILLE, Mass. and HOUSTON, Nov. 21, 2024 /PRNewswire/ - Greentown Labs, the largest climatetech incubator in North America, today announced Sabanci Climate Technologies, a renewable-energy investor in the United States with a $ 200M corporate venture capital fund named Sabanci Climate Ventures, as its newest Terawatt Partner. Sabanci Climate Ventures invests in category-leading startup companies and venture capital funds in the energy and climatetech sectors.
Document Source: https://www.prnewswire.com/news-releases/sabanci-climate-technologies-joins-greentown-labs-as-newest-terawatt-partner-302311727.html (archive.org page / archive.org listing)


Sabanci Climate Technologies Joins Greentown Labs as Newest Terawatt Partner

Document Date: Nov. 21, 2024, 2 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: and Houston, Texas. The incubator's startups are developing solutions and technologies to help decarbonize the largest greenhouse-gas-emitting sectors including transportation, manufacturing, electricity and energy, water and agriculture, and the built environment. " We are thrilled to be partnering with Greentown Labs ," said Kivanc Zaimler, Chairman of Sabanci Climate Technologies. " This collaboration will accelerate our efforts to create innovative solutions and explore new opportunities through our investments in leading climatetech - focused venture capital funds. We aim to foster a strong ecosystem for climatetech startups ."
Document Source: https://www.prnewswire.com/news-releases/sabanci-climate-technologies-joins-greentown-labs-as-newest-terawatt-partner-302311727.html (archive.org page / archive.org listing)


City of Kinston Enhances Utility Services with Hansen CIS Upgrade, Modernizing Customer Care and Billing

Document Date: Nov. 21, 2024, 2 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: We are enthusiastic about the opportunity to leverage the extensive array of new features that the latest version of Hansen CIS offers. These enhancements are designed to improve efficiency and accessibility, and we believe they will significantly enrich the interactions that residents have with City services. As we proceed with this rollout, we are committed to ensuring that these technological advancements positively and directly impact the quality of life for the people of Kinston ." Bobby Slaton, Executive Vice President for Americas Energy & Utilities at Hansen, commented: "We are incredibly proud that the City of Kinston has chosen to remain with Hansen and our CIS product. A partnership that spans more than a quarter of a century is testament to the collaborative relationship we have with each other.
Document Source: https://www.prnewswire.com/news-releases/city-of-kinston-enhances-utility-services-with-hansen-cis-upgrade-modernizing-customer-care-and-billing-302310645.html (archive.org page / archive.org listing)


Message Broadcast Acquires West's Utilities Business

Document Date: Nov. 19, 2024, 3 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity / Type: Acquisition
Vendor: Target: Document Extract: Message Broadcast, a leading provider of customer engagement software for the electric utility industry, has acquired the utilities business from West Technology Group's CX360 division ("West Utilities") .
Document Source: https://www.businesswire.com/news/home/20241119360286/en/Message-Broadcast-Acquires-West%25E2%2580%2599s-Utilities-Business (archive.org page / archive.org listing)


Message Broadcast Acquires West's Utilities Business

Document Date: Nov. 19, 2024, 3 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity / Type: Acquisition
Vendor: Buyer: Target: Document Extract: Message Broadcast, a leading provider of customer engagement software for the electric utility industry, has acquired the utilities business from West Technology Group's CX360 division ("West Utilities") .
Document Source: https://www.businesswire.com/news/home/20241119360286/en/Message-Broadcast-Acquires-West%25E2%2580%2599s-Utilities-Business (archive.org page / archive.org listing)


Message Broadcast Acquires West's Utilities Business

Document Date: Nov. 19, 2024, 3 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity / Type: Acquisition / Region: United States
Vendor: Buyer: Document Extract: Message Broadcast Acquires West's Utilities Business.
Document Source: https://www.businesswire.com/news/home/20241119360286/en/Message-Broadcast-Acquires-West%25E2%2580%2599s-Utilities-Business (archive.org page / archive.org listing)


NW Natural Holdings to Acquire Rapidly Growing Gas Utility

Document Date: Nov. 18, 2024, 9:30 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity / Type: Acquisition / Region: Texas
Vendor: Buyer: Participant: Target: Document Extract: Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) today announced it entered into an agreement to acquire SiEnergy Operating, LLC (SiEnergy or the Company) from SiEnergy Capital Partners, LLC (an affiliate of Ridgewood Infrastructure) for $ 273 million in cash and the assumption of $ 152 million of debt.
Document Source: https://www.businesswire.com/news/home/20241118390111/en/NW-Natural-Holdings-to-Acquire-Rapidly-Growing-Gas-Utility (archive.org page / archive.org listing)


Aspen Technology Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Emerson

Document Date: Nov. 20, 2024, 1 p.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity / Type: Merger
Buyer: Target: Document Extract: Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech" or "the Company") , a global leader in industrial software, today announced that its Board of Directors has formed a special committee (the "Special Committee") composed of three independent directors to consider the non-binding proposal from Emerson Electric Co. (NYSE: EMR) ("Emerson") received on November 5, 2024.
Document Source: https://www.businesswire.com/news/home/20241120170468/en/Aspen-Technology-Forms-Special-Committee-to-Evaluate-Non-Binding-Acquisition-Proposal-from-Emerson (archive.org page / archive.org listing)


Texas Electric Cooperatives Announces Alliance with Harmon Electric Association

Document Date: Nov. 21, 2024, 2:17 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: This alliance introduces new efficiencies in Harmon Electric's material procurement process, further supporting their mission to provide reliable service at the most economical cost to their members. " We are excited to begin this alliance with TEC. It will help us to be more efficient in our material procurement and continue to provide our members the most reliable service at the lowest possible cost ," said Aaron Paxton, GM/CEO of Harmon Electric Association. This partnership aligns closely with TEC's mission to support cooperatives across the region. By consolidating resources and leveraging TEC's extensive supply network, Harmon Electric will gain access to high-quality products from leading manufacturers at competitive prices.
Document Source: https://www.prnewswire.com/news-releases/texas-electric-cooperatives-announces-alliance-with-harmon-electric-association-302313095.html (archive.org page / archive.org listing)


Texas Electric Cooperatives Announces Alliance with Harmon Electric Association

Document Date: Nov. 21, 2024, 2:17 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: Texas Electric Cooperatives Announces Alliance with Harmon Electric Association. Strengthening Service and Savings: Harmon Electric Teams with TEC. AUSTIN, Texas, Nov. 21, 2024 /PRNewswire/ - Texas Electric Cooperatives (TEC) is pleased to announce a new alliance with Harmon Electric Association, marking an important collaboration aimed at bolstering service reliability and enhancing operational efficiency. Based in Hollis, Oklahoma, Harmon Electric serves as a key provider of affordable, dependable electric service to members across Southwest Oklahoma and North Texas. This alliance introduces new efficiencies in Harmon Electric's material procurement process, further supporting their mission to provide reliable service at the most economical cost to their members.
Document Source: https://www.prnewswire.com/news-releases/texas-electric-cooperatives-announces-alliance-with-harmon-electric-association-302313095.html (archive.org page / archive.org listing)


Texas Electric Cooperatives Announces Alliance with Harmon Electric Association

Document Date: Nov. 21, 2024, 2:17 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: This alliance introduces new efficiencies in Harmon Electric's material procurement process, further supporting their mission to provide reliable service at the most economical cost to their members. " We are excited to begin this alliance with TEC. It will help us to be more efficient in our material procurement and continue to provide our members the most reliable service at the lowest possible cost ," said Aaron Paxton, GM/CEO of Harmon Electric Association. This partnership aligns closely with TEC's mission to support cooperatives across the region. By consolidating resources and leveraging TEC's extensive supply network, Harmon Electric will gain access to high-quality products from leading manufacturers at competitive prices.
Document Source: https://www.prnewswire.com/news-releases/texas-electric-cooperatives-announces-alliance-with-harmon-electric-association-302313095.html (archive.org page / archive.org listing)


RWE and Peabody Partner to Develop Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands

Document Date: Nov. 21, 2024, 12:45 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity / Type: Joint Venture / Region: Texas
Protagonist: Document Extract: AUSTIN, Texas and ST. LOUIS, Nov. 21, 2024 /PRNewswire/ - RWE, a leading renewable energy company, and Peabody (NYSE: BTU) today announced a new partnership to strategically advance renewable energy projects by repurposing reclaimed land previously used for mining.
Document Source: https://www.prnewswire.com/news-releases/rwe-and-peabody-partner-to-develop-solar-and-energy-storage-pipeline-on-repurposed-reclaimed-mine-lands-302312305.html (archive.org page / archive.org listing)


RWE to Harness AI-driven Weather Modelling With HPE Private Cloud AI

Document Date: Nov. 21, 2024, 9 a.m. / Source: Business Wire
Activity Class: PartnershipActivity
Provided_By: Awarded: Document Extract: RWE to Harness AI-driven Weather Modelling With HPE Private Cloud AI. Hewlett Packard Enterprise (HPE) today announced that RWE, a leading company in the field of renewable energy, has selected HPE Private Cloud AI to unlock new intelligence from weather data. Researchers at RWE's Artificial Intelligence (AI) Research Laboratory will utilize the AI-optimized, turnkey private cloud to evaluate, fine tune and inference weather models, harnessing cutting-edge AI to enhance operational decision-making and their global renewable energy leadership. " As a leading provider of renewable energy, RWE is at the forefront of balancing the increasing power demands of the modern world with the societal challenge of protecting the climate ," said Simon Tarplee, Head of Commercial AI at RWE Supply & Trading. " We see AI as a key enabler that allows us to optimize our processes and create new, sustainable solutions, and set the ambitious goal to have a production training capable solution in-place by the end of 2024.
Document Source: https://www.businesswire.com/news/home/20241121555594/en/RWE-to-Harness-AI-driven-Weather-Modelling-With-HPE-Private-Cloud-AI (archive.org page / archive.org listing)


EDF Group and Abraxas Power Corp. Announce Strategic Partnership for the Exploits Valley Renewable Energy Corporation Green Hydrogen and Ammonia Project in Newfoundland

Document Date: Nov. 18, 2024, 6 a.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity / Region: Newfoundland and Labrador
Partnership: Document Extract: Through these agreements, Abraxas and EDF, as equity partners, will develop the project with the objective to reach a final investment decision (FID) in 2026. Construction is expected to take place from 2026 through 2030. Colter Eadie, CEO of Abraxas and EVREC said, "We are thrilled to announce this transaction with EDF as we continue to advance the development of the EVREC project. The arrangements with EDF further support our commitment to advancing the energy transition and supporting Newfoundland and Labrador's green future. With the global experience of one of the world's largest energy companies, we are well-positioned to move forward with a project that is not only expected to drive economic growth in the region but is also expected to make a significant impact on reducing carbon emissions.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982426/0/en/EDF-Group-and-Abraxas-Power-Corp-Announce-Strategic-Partnership-for-the-Exploits-Valley-Renewable-Energy-Corporation-Green-Hydrogen-and-Ammonia-Project-in-Newfoundland.html (archive.org page / archive.org listing)


EDF Group and Abraxas Power Corp. Announce Strategic Partnership for the Exploits Valley Renewable Energy Corporation Green Hydrogen and Ammonia Project in Newfoundland

Document Date: Nov. 18, 2024, 6 a.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity / Region: Newfoundland and Labrador
Partnership: Document Extract: Through these agreements, Abraxas and EDF, as equity partners, will develop the project with the objective to reach a final investment decision (FID) in 2026. Construction is expected to take place from 2026 through 2030. Colter Eadie, CEO of Abraxas and EVREC said, "We are thrilled to announce this transaction with EDF as we continue to advance the development of the EVREC project. The arrangements with EDF further support our commitment to advancing the energy transition and supporting Newfoundland and Labrador's green future. With the global experience of one of the world's largest energy companies, we are well-positioned to move forward with a project that is not only expected to drive economic growth in the region but is also expected to make a significant impact on reducing carbon emissions.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982426/0/en/EDF-Group-and-Abraxas-Power-Corp-Announce-Strategic-Partnership-for-the-Exploits-Valley-Renewable-Energy-Corporation-Green-Hydrogen-and-Ammonia-Project-in-Newfoundland.html (archive.org page / archive.org listing)


NorthWestern Energy Welcomes New Board Member

Document Date: Nov. 21, 2024, 9:41 p.m. / Source: Business Wire
Activity Class: RoleActivity / Type: Starting / Region: United States
Role: Person: Organization: Document Extract: NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that its board of directors recently elected David L. Goodin as a director to a term commencing Dec. 1, 2024.
Document Source: https://www.businesswire.com/news/home/20241121877017/en/NorthWestern-Energy-Welcomes-New-Board-Member (archive.org page / archive.org listing)


Garrick J. Rochow Elected to the Hubbell Incorporated Board of Directors

Document Date: Nov. 19, 2024, 10 p.m. / Source: GlobeNewswire
Activity Class: RoleActivity / Type: Starting / Region: United States
Role: Person: Organization: Document Extract: Garrick J. Rochow Elected to the Hubbell Incorporated Board of Directors.
Document Source: https://www.globenewswire.com/news-release/2024/11/19/2984063/0/en/Garrick-J-Rochow-Elected-to-the-Hubbell-Incorporated-Board-of-Directors.html (archive.org page / archive.org listing)


Garrick J. Rochow Elected to the Hubbell Incorporated Board of Directors

Document Date: Nov. 19, 2024, 10 p.m. / Source: GlobeNewswire
Activity Class: RoleActivity / Type: Starting / Region: Shelton
Role: Person: Organization: Document Extract: Shelton, CT, Nov. 19, 2024 (GLOBE NEWSWIRE) - The Board of Directors of Hubbell Incorporated (NYSE: HUBB) announces the election of Garrick J. Rochow as a Director of the company effective November 19, 2024.
Document Source: https://www.globenewswire.com/news-release/2024/11/19/2984063/0/en/Garrick-J-Rochow-Elected-to-the-Hubbell-Incorporated-Board-of-Directors.html (archive.org page / archive.org listing)

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