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Rotoplas obtains the "Hecho en México" certification
Prnewswire· 2026-02-25 14:54
Rotoplas obtains the "Hecho en México" certification [Accessibility Statement] Skip NavigationMEXICO CITY, Feb. 25, 2026 /PRNewswire/ -- Grupo Rotoplas S.A.B. de C.V. ("Rotoplas" or "the Company") (BMV: AGUA*), the leading water solutions company in the Americas, informs the investing public that the Ministry of Economy (SecretarÃa de EconomÃa) has granted the Company the "Hecho en México" (Made in Mexico) certification. This distinction formally accredits the domestic origin of its production processes and ...
Azul S.A. Successfully Emerges from Chapter 11
Prnewswire· 2026-02-25 14:51
Core Insights - Azul S.A. has successfully emerged from Chapter 11 bankruptcy, significantly strengthening its balance sheet and positioning itself for long-term stability and growth [1] Financial Restructuring Achievements - Received US$850 million in new equity investments and reduced debt and lease obligations by approximately US$2.5 billion [1] - Achieved pro-forma net leverage of less than 2.5x at emergence, with fleet debt reduced by 36% and aircraft leasing costs lowered by about one-third [1] - Reduced annual interest paid on loans and financing by over 50% [1] - Raised US$1.375 billion in new exit notes and secured an additional US$100 million equity investment commitment from American Airlines, pending antitrust approval [1] Operational Performance - Maintained operations with approximately 800 flights per day and achieved an on-time performance rate of 85.1% [1] - Operated a fleet of around 175 aircraft, serving over 130 cities across 250 routes, and ranked as the 4th most on-time airline globally [1] - Served 32 million customers in 2025, marking the largest customer base in Azul's history [1] Strategic Positioning - The restructuring process was supported by key financial stakeholders, including existing bondholders and major lessors like AerCap [1] - The company boasts strong brand recognition, strategic international partnerships, and a modern fleet with approximately 80% next-generation aircraft [1] - Azul's diversified business model includes Azul Cargo, Azul Viagens, and the Azul Fidelidade loyalty program, enhancing its competitive advantages [1] Future Outlook - Azul is focused on disciplined and sustainable growth, operational excellence, and delivering long-term value to customers and partners [1]
Southern Company receives historic Department of Energy $26.5 billion loan guarantees to increase grid reliability
Prnewswire· 2026-02-25 14:26
Investments to create an estimated $7 billion in benefits for Southern Company customers, helping lower energy costs and strengthen the grid, while advancing the president's energy dominance and affordability agenda ATLANTA, Feb. 25, 2026 /PRNewswire/ -- Customers across Alabama and Georgia are set to benefit from a historic U.S. government investment into energy infrastructure and grid reliability. Southern Company's subsidiaries, Georgia Power and Alabama Power, have received a loan package of up to $26.5 ...
Rock Tech Lithium Closes Non-Brokered Private Placement for Aggregate Gross Proceeds of approximately $4.7 Million
Prnewswire· 2026-02-25 14:20
Core Viewpoint - Rock Tech Lithium has successfully closed a non-brokered private placement, raising approximately $4.7 million to support its integrated conversion strategy and general corporate purposes [1]. Group 1: Private Placement Details - The company issued a total of 4,671,827 units at a market price of $1.00 per unit, resulting in gross proceeds of $4,671,827 [1]. - The units were subscribed by two existing institutional shareholders [1]. - Each unit consists of one common share and one common share purchase warrant, with the warrants exercisable at $1.15 per share for 36 months [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the continued development of the company's integrated conversion strategy and for general corporate and working capital purposes [1]. Group 3: Stock Options - The company granted 2,510,000 stock options to certain directors, officers, and employees, with 1,300,000 options issued to directors and officers [1]. - The options have an exercise price of $1.15 and will vest immediately, expiring on February 23, 2031 [1]. Group 4: Company Overview - Rock Tech Lithium aims to enhance the battery industries in Europe and North America by ensuring a supply of high-quality, locally produced lithium [1]. - The company focuses on responsible sourcing and aims to support a sustainable and transparent value chain from mining to battery-grade material [1]. - Rock Tech's lithium hydroxide converter projects in Germany and Canada are designed to provide a stable supply to the battery and automotive industries [1].
Illumina partners go beyond the genome, driving cancer breakthroughs using spatial transcriptomics, epigenomics, and proteomics
Prnewswire· 2026-02-25 14:15
Illumina partners go beyond the genome, driving cancer breakthroughs using spatial transcriptomics, epigenomics, and proteomics [Accessibility Statement] Skip NavigationAt AGBT, researchers reveal new findings from studies leveraging Illumina's multiomics solutionsSAN DIEGO, Feb. 25, 2026 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced new customer breakthroughs in oncology powered by Illumina's spatial transcriptomics, 5-base sequencing, and proteomics technologies. The ability to combine mor ...
KeyBank Becomes Official Retail Bank of the Portland Thorns in New Multi‑Year Partnership
Prnewswire· 2026-02-25 14:03
KeyBank Becomes Official Retail Bank of the Portland Thorns in New MultiYear Partnership [Accessibility Statement] Skip NavigationPORTLAND, Ore., Feb. 25, 2026 /PRNewswire/ -- The [Portland Thorns] have signed a multiyear agreement with [KeyBank](NYSE: KEY), naming the financial institution the club's Official Retail Bank and launching a slate of programs focused on community impact, youth development, and financial empowerment.The partnership centers on expanding opportunities for girls and young women in ...
CPower, Bentaus and Supermicro Successfully Flex AI Compute Load for Demand Response
Prnewswire· 2026-02-25 14:01
Core Insights - CPower, Bentaus, and Supermicro have successfully demonstrated that AI compute infrastructure can provide real-time flexibility to the electric grid, addressing the surge in power demand for AI applications [1] - The test showed that GPU-based workloads can respond to market signals in under 20 milliseconds, establishing a new paradigm for integrating AI compute into demand response programs [1] Group 1: Test Results and Implications - The joint demonstration proved that data centers can contribute to demand response and energy flexibility programs, maintaining AI workloads while using up to 75% less electricity during peak demand [1] - The U.S. AI power capacity is projected to rise from 5 GW to over 50 GW by 2030, highlighting the growing importance of AI in energy management [1] - The successful test marks a significant advancement in making AI compute loads controllable and grid-interactive, transitioning from theoretical concepts to practical applications [1] Group 2: Future Collaborations and Market Impact - CPower, Bentaus, and Supermicro plan to collaborate with data center operators and market participants across various U.S. wholesale power markets, including PJM, ERCOT, and SPP, to enhance grid-integrated AI infrastructure [1] - The ability of GPU workloads to react swiftly to market signals is crucial for aligning AI growth with grid operational realities, transforming AI factories from passive electricity consumers to active market participants [1] - CPower has generated $1.4 billion from demand response and energy flexibility programs since 2015, indicating a strong track record in monetizing flexible energy solutions [1]
Enphase Energy, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 20, 2026 to Discuss Your Rights - ENPH
Prnewswire· 2026-02-25 14:00
Enphase Energy, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 20, 2026 to Discuss Your Rights - ENPH [Accessibility Statement] Skip NavigationNEW YORK, Feb. 25, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Enphase Energy, Inc. ("Enphase Energy, Inc." or the "Company") (NASDAQ: ENPH) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Enphase Energy, Inc. investors who were adversely affected b ...
GREEN RAIN ENERGY HOLDINGS (OTCID: GREH) Provides Corporate Update: Finalized Special Stock Dividend, Voluntary Stock Buyback Program, and Strategic Growth Initiatives
Prnewswire· 2026-02-25 14:00
GREEN RAIN ENERGY HOLDINGS (OTCID: GREH) Provides Corporate Update: Finalized Special Stock Dividend, Voluntary Stock Buyback Program, and Strategic Growth Initiatives [Accessibility Statement] Skip NavigationBEVERLY HILLS, Calif., Feb. 25, 2026 /PRNewswire/ -- Green Rain Energy Holdings (OTCID: GREH) ("Green Rain Energy," "GREH," or the "Company") is pleased to provide shareholders with a significant corporate update highlighting strategic actions designed to strengthen shareholder alignment, optimize the ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 6, 2026 in BlackRock TCP Capital Corp. Lawsuit - TCPC
Prnewswire· 2026-02-25 14:00
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 6, 2026 in BlackRock TCP Capital Corp. Lawsuit - TCPC [Accessibility Statement] Skip NavigationNEW YORK, Feb. 25, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in BlackRock TCP Capital Corp. ("BlackRock TCP" or the "Company") (NASDAQ: TCPC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BlackRock TCP investors who were adversely affected by alleged securities f ...