NU E Power Corp. Acquires 500 MW of Power Assets from ACT Mid Market Ltd to Accelerate AI and BTC Infrastructure ExpansionNovember 03, 2025 9:15 AM EST | Source: Nu E Corp.Calgary, Alberta--(Newsfile Corp. - November 3, 2025) - NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) ("NU E" or the "Company") is pleased to announce it has entered into an asset purchase agreement (the "Asset Purchase Agreement") to purchase certain assets of ACT Mid Market Ltd. ("ACT"), a leading developer of hybrid powe ...

Secures approximately $170 million of excess of loss reinsurance coverage from a panel of third-party reinsurance providersRALEIGH, N.C., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has secured approximately $170 million of additional excess of loss (XOL) reinsurance coverage. This credit risk transfer (CR ...

LONDON, Ontario, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today provides an update on the progress of the Next Generation Process (NGP) Pilot Plant. Highlights of Ongoing Commissioning Progress On-schedule progression: The NGP Pilot Plant ...

Core Insights - Aduro Clean Technologies Inc. is advancing its Demonstration Plant program through a series of engineering trials using industrial-scale equipment to enhance the selection of long-lead procurement items and support detailed engineering [1][5] Group 1: Collaboration and Engineering Trials - Aduro is collaborating with KraussMaffei Extrusion GmbH and CHILL B.V. to combine industrial engineering capabilities with applied research expertise for the evaluation of extrusion systems [2][4] - The current phase focuses on preparing and feeding contaminated waste plastics into the Hydrochemolytic™ process under realistic operating conditions, which will inform equipment design and integration planning [2][3] Group 2: Objectives and Expected Outcomes - The trials aim to simplify feed preparation and reduce the need for costly pretreatment, confirming operating conditions and performance characteristics necessary for selecting long-lead equipment [3][4] - Data generated from these trials will guide the design and integration of pretreatment systems for the Demonstration Plant, enhancing reactor feed quality and reducing contamination levels [4][5] Group 3: Strategic Importance and Future Steps - The completion of these engineering trials is expected in Q4 2025, establishing a framework for specifying long-lead equipment, which is crucial for the Demonstration Plant build [5] - The structured approach to commercialization emphasizes the importance of data and engineering insights in advancing Hydrochemolytic™ technology efficiently and responsibly [5]

Core Insights - Aduro Clean Technologies Inc. is advancing towards commercial readiness with significant progress in the construction of its Next Generation Process (NGP) Pilot Plant and the initiation of commissioning activities [2][16][17] - The company has strengthened its financial position through a public offering, raising approximately US$9.2 million, which will support ongoing projects and research initiatives [8] - The first quarter of fiscal 2026 showed a decrease in revenue and an increase in operational losses, attributed to higher non-cash expenses and increased R&D activities [6][7] Financial Highlights - Revenue for Q1 FY2026 was CAD $44,500, a 19% decrease from CAD $55,000 in Q1 FY2025 [6][7] - Loss from operations was CAD $6,325,018 for Q1 FY2026, compared to CAD $2,462,532 for Q1 FY2025, marking a 157% increase [6][7] - Adjusted EBITDA for Q1 FY2026 was CAD $(2,254,384), compared to CAD $(1,746,748) for Q1 FY2025, reflecting a 29% increase in losses [6][7] Operational Developments - The NGP Pilot Plant is entering the commissioning phase, with significant milestones achieved in construction and system integration [16][17][18] - The company has initiated a global site-selection process for its planned Demonstration Plant, focusing on locations in Canada, Europe, and Mexico [2][21] - Testing of synthetic turf waste as a feedstock for the Hydrochemolytic™ Technology has been completed, demonstrating the technology's adaptability [13] Leadership and Strategic Initiatives - Aduro appointed David Weizenbach as Chief Operating Officer to enhance operational execution and support the commissioning of the NGP Pilot Plant [9] - The company has engaged in industry collaborations, joining the Plastics Industry Association and the Polystyrene Recycling Alliance to advance recycling solutions [11] - A marketing and investor awareness program has been launched to increase brand visibility and stakeholder engagement [14][15] Subsequent Events - The commissioning of the NGP Pilot Plant began in September 2025, transitioning from construction to operational readiness [17][18] - The company participated in various investor and technical conferences to update stakeholders on its progress and technology [19][20]

Core Viewpoint - Enact Holdings, Inc. is set to release its third quarter earnings on November 5, 2025, followed by a conference call on November 6, 2025, to discuss the financial results [1]. Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and has been a key player in the U.S. private mortgage insurance sector since 1981 [4]. - The company aims to assist individuals in achieving homeownership by partnering with lenders to provide superior service, underwriting expertise, and risk management [4]. - Enact is headquartered in Raleigh, North Carolina, and focuses on positively impacting communities through its services [4]. Conference Call Details - Participants interested in the live Q&A session must pre-register to obtain a dial-in number and unique PIN, with a recommendation to join at least 15 minutes early [2]. - A live webcast of the conference call will be available on the company's website, and the event will be archived for one year [3].

Core Insights - Aduro Clean Technologies Inc. has initiated a global site-selection process for its Demonstration Plant program, focusing on locations in Canada, Europe, and Mexico [1][2] - The Next Generation Process (NGP) Pilot Plant is on schedule, validating technical aspects for scale-up and optimizing key parameters [2][4] - A multidisciplinary team is efficiently progressing through the site-selection project, with a shortlist of candidate locations expected by the end of the year [3][4] Site Selection Criteria - The site selection is crucial for jurisdictional permitting, economic modeling, and ensuring access to reliable feedstock supply [2][4] - Standardized evaluation criteria include: - Feedstock and logistics alignment: proximity to waste-plastic supply and efficient transport networks [6] - Offtake and market connectivity: regional demand for recycled intermediates and compliance with Extended Producer Responsibility (EPR) programs [6] - Mass balance readiness: ability to implement certified chain-of-custody systems for circular content claims [6] - Regulatory and permitting pathways: frameworks governing environmental approvals and recycling legislation [6] - Incentives and local support: availability of industrial development incentives and community engagement [6] - Utilities and infrastructure: necessary energy, water, and transport links for operations [6] - Future expansion: sites accommodating growth from 8,000 tonnes per year to 16,000-20,000 tonnes per year [6] Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into valuable oil [5] - The Hydrochemolytic™ Technology operates at low temperatures and costs, transforming low-value feedstocks into valuable resources [5]

Core Points - Aduro Clean Technologies Inc. announced participation in the LD Micro Main Event XIX Conference in San Diego from October 19-21, 2025 [1] - The conference is a significant independent investment event, featuring presentations and networking opportunities for growth-stage businesses [2] - Aduro's management will hold one-on-one meetings with investors to discuss the company's strategy and technology development [3] Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into lighter oil [4] - The company's Hydrochemolytic™ Technology utilizes water as a key agent, operating at low temperatures and costs, transforming low-value feedstocks into valuable resources for the 21st century [4]

Core Insights - Aduro Clean Technologies Inc. is participating in key industry events in October 2025 to showcase its innovative technology and engage with stakeholders in the circular economy [1][2] Group 1: Upcoming Events - K 2025 Conference will take place from October 8-15, 2025, in Düsseldorf, Germany, focusing on plastics and rubber innovation, where Aduro will highlight its Hydrochemolytic™ Technology [3] - The 10th Edition of Sustainability in Packaging Europe is scheduled for October 21-23, 2025, in Barcelona, Spain, where Aduro will present on recycling viability and exhibit its technology [4] - Ontario Chemistry & Plastics Day is set for October 22, 2025, in Toronto, Ontario, featuring discussions on advancing a circular plastics economy, with Aduro participating in a panel [5] Group 2: Technology and Commitment - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into valuable oil, emphasizing its Hydrochemolytic™ Technology [7][8] - The company's approach operates at relatively low temperatures and costs, aiming to transform low-value feedstocks into valuable resources for the 21st century [8]

Core Points - Enact Holdings, Inc. has announced a new $435 million five-year senior unsecured revolving credit facility, effective September 30, 2025, replacing the previous $200 million facility [1][2] - The new credit facility enhances borrowing capacity and extends the maturity profile, providing greater financial flexibility and liquidity for operations [2] - Borrowings will accrue interest at a floating rate tied to a short-term borrowing index plus a margin currently set at 125 basis points [2] - The facility was arranged with a syndicate of eight banks, with JPMorgan Chase Bank, N.A. as the Administrative Agent and Joint Lead Arranger [3] Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and is a leading private mortgage insurance provider in the U.S. [5] - The company aims to help more individuals achieve homeownership by partnering with lenders to provide service, underwriting expertise, and risk management [5] - Enact is headquartered in Raleigh, North Carolina, and has been in operation since 1981 [5]