Investment Rating - The report assigns a Neutral rating to Infratil (IFT.NZ) [1][4][15] Core Insights - The FY25 results were softer than expected, with Proportionate EBITDAF declining by 4% compared to Goldman Sachs estimates, leading to a downgrade in FY26 guidance to NZ$1,000-1,050 million, which is 3%-5% lower than previous estimates [1][4] - Infratil plans to monetize NZ$1 billion of assets that are unlikely to scale under the current ownership model, with the capital reinvested in businesses that can provide more meaningful returns [2] - The healthcare portfolio is performing strongly, with RHCNZ and Qscan expecting accelerating EBITDAF growth into FY26 [2] - Longroad Energy is targeting an OpCo run-rate EBITDA of US$370 million by March 2026, driven by contributions from projects that are operational or under construction [2] Financial Performance - FY26-28 EBITDAF estimates have been revised down by 3% to 4% due to CDC deferrals and increased costs for One NZ [4][13] - The 12-month target price is set at NZ$10.70, reflecting a 3% decrease from previous estimates [4][14] - Key financial metrics include projected revenue growth of 22.7% for FY25, with a decline in EPS for FY26 expected at NZ$0.13, compared to a previous estimate of NZ$0.09 [10][11] Investment Thesis - Infratil is positioned to benefit from increased digital consumption and AI adoption, particularly through its investments in digital infrastructure and renewable energy [15] - Despite positive long-term themes, the current market valuation appears to have already factored in these growth prospects, leading to a Neutral rating [15]

Enlight Renewable Energy (ENLT) Update / Briefing May 29, 2025 08:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Enlight and the IRA Transition Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Yonah Weitz, Director, IR. Please go ahead. Speaker1 Thank you, operator. Good morning, everyone, and thank you for joining the call. Our investor presentation entitled Enlight and the IRA Transition has been publis ...

VANCOUVER, British Columbia, May 28, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that it has published its ninth annual Responsible Mining Report entitled “Raising the Bar” (the “Report”), which details B2Gold's global economic contributions and its environmental, social, and governance (“ESG”) management practices, together with the Company's performance against key indicators in 2024. Highlights of the Report are prese ...

Stockholm, Sweden--(Newsfile Corp. - May 28, 2025) - The shareholders of Eco Wave Power Global AB (publ), (NASDAQ: WAVE), reg. no. 559202-9499 (the "Company" or "EcoWave"), are hereby given notice to attend the annual general meeting at 10:00 a.m. CEST on Monday June 30, 2025. The meeting will be held at Setterwalls Advokatbyrå's offices at address Sturegatan 10 in Stockholm. Registration for the meeting commences 30 minutes before the opening of the meeting.NoticeShareholders wishing to participate at the ...

Company Highlights - Nextracker Inc. (NXT) has surpassed 10 gigawatts (GW) of solar tracker deployments in India, marking a significant milestone for the company [1] - NXT is establishing a new 80,000 sq. ft. office and research & development (R&D) facility in Hyderabad to support its growth and strengthen its presence in India [1] Industry Overview - India's solar energy market is experiencing strong growth due to supportive government policies, decreasing technology costs, and rising awareness about clean energy [2] - The country has high solar potential and a focus on sustainability, making it an ideal environment for solar adoption [2] Market Trends - Customers are increasingly opting for solar solutions to reduce electricity bills and support eco-friendly practices, particularly in urban areas and among younger consumers [3] - Statista predicts that the Indian solar energy market will witness a compound annual growth rate (CAGR) of 7.5% during the 2025-2029 period, providing profitable incentives for solar companies like NXT [4] Competitor Activities - Enphase Energy (ENPH) began shipping its IQ Battery 5P in India in December 2024, which provides reliable backup power during grid outages [5] - First Solar (FSLR) launched a manufacturing facility in Tamil Nadu, India, in January 2024, with an annual capacity of 3.3 gigawatts [6] - TotalEnergies SE (TTE) entered into a joint venture with Adani Green Energy Limited in September 2024, focusing on a 1,150 MWac solar portfolio in Khavda, Gujarat [7] Financial Performance - The Zacks Consensus Estimate for ENPH's 2025 earnings per share is $2.42, indicating year-over-year growth of 2.1%, with sales estimated at $1.43 billion, reflecting a 7.3% growth [6] - FSLR's 2025 earnings per share estimate is $14.59, indicating year-over-year growth of 21.4%, with sales projected at $4.91 billion, showing a 16.8% growth [7] - TotalEnergies has a long-term earnings growth rate of 7.1%, with a 2026 earnings per share estimate of $7.03, indicating year-over-year growth of 3.2% [8] Stock Performance - NXT shares have gained 30.9% in the past three months, significantly outperforming the industry's growth of 0.4% [9]

Core Viewpoint - CMS Energy Corporation is enhancing its operations through significant investments in renewable energy while phasing out coal generation, although it faces challenges related to coal ash disposal costs [1][5]. Group 1: Investment and Growth Plans - CMS Energy plans to invest $20 billion in infrastructure upgrades and clean power production from 2025 to 2029 [2]. - The company aims to add 9 gigawatts (GW) of solar and 2.8 GW of wind capacity to its renewable generation portfolio between 2025 and 2045 [3]. - CMS Energy will invest $5.2 billion in renewable energy resources, including wind, solar, and hydroelectric generation, during the same period [3]. Group 2: Coal Phase-Out Strategy - The company is reducing its coal-generating capacity to lower emissions, with plans to retire the J.H. Campbell coal-fired unit in 2025 and the D.E. Karn oil and gas-fueled unit in 2031 [4]. - CMS Energy aims to end the use of coal-fueled generation by 2025 [4]. Group 3: Financial Position and Risks - As of March 31, 2025, CMS Energy had $0.53 billion in cash and equivalents, $16.26 billion in long-term debt, and $0.71 billion in current debt, indicating a weak solvency position [6]. - The company expects to incur $237 million in costs related to coal ash disposal compliance from 2025 to 2029 [5]. Group 4: Stock Performance - Over the past year, CMS shares have increased by 15.5%, slightly trailing the industry's growth of 15.8% [7].

Quanta Services (PWR) FY 2025 Conference May 28, 2025 08:00 AM ET Speaker0 Hi. Good morning, everyone. My name is Chad Dillard. I'm the lead analyst here at Bernstein covering the machinery sector and the electrical infrastructure companies. I'm really pleased to have Quanta Services here who is, a leading electrical infrastructure solutions provider. And, joining me from the company is, Duke Austin, CEO, and Jay Sridharasad, CFO. So if you have any questions, during this fireside chat, there is a link some ...

Power lines in California. Getty ImagesMeta, the company that owns Facebook, are planning a new AI data center, the company’s largest yet, in Richland Parish, Louisiana. The local utility company, Entergy, has plans to build three new gas-fired power plants to supply the additional electricity needed for the data center.Also reported last week was that Meta got some pushback from a U.S. Senator, who challenged the benefits of using natural gas to power the new data canter.The new data center is an enormous ...

Company Overview - Gevo, Inc. is a leader in sustainable aviation fuel and renewable chemicals, focusing on cost-effective, drop-in fuels that enhance energy security and support rural economic growth [1][3] - The company operates one of the largest dairy-based renewable natural gas facilities in the U.S. and an ethanol plant with a carbon capture and sequestration facility [3] Leadership Appointment - James J. Barber, Ph.D., has been appointed to Gevo's Board of Directors, bringing extensive executive leadership and board experience in various sectors including fuels and chemicals [1][2] - Dr. Barber holds a Ph.D. in Organic Chemistry from MIT and has received the American Chemical Society's Henry F. Whalen, Jr. Award for Business Development [2] Strategic Importance - The CEO of Gevo, Dr. Patrick R. Gruber, emphasized that Dr. Barber's technical expertise and strategic insight will be crucial for the company's growth [3] - Gevo's business model aims to revitalize rural communities by developing and operating production facilities that create jobs [3]

Core Viewpoint - Gevo, Inc. has appointed Oluwagbemileke (Leke) Agiri as Chief Financial Officer, effective May 21, 2025, succeeding L. Lynn Smull, who will take on a new role as Executive Vice President and Senior Advisor to the CEO [1][2][3] Group 1: Leadership Transition - Leke Agiri has extensive experience in corporate finance and capital markets, having served in key leadership roles at Gevo since August 2022, most recently as Executive Vice President, Finance [2] - Lynn Smull expressed confidence in Agiri's capabilities and emphasized the importance of a smooth transition as he approaches retirement [3] - Patrick Gruber, CEO of Gevo, highlighted Agiri's integral role in the finance team and the company's commitment to long-term succession planning [4] Group 2: Company Overview - Gevo is a diversified energy company focused on producing cost-effective, renewable fuels that enhance energy security and support rural economic growth [5] - The company operates one of the largest dairy-based renewable natural gas facilities in the U.S. and an ethanol plant with carbon capture and sequestration capabilities [5] - Gevo is also known for its innovative technology in producing synthetic aviation fuel and specialty alcohol-to-jet fuels, contributing to the U.S.'s leadership in energy innovation [5]