CLP (SEHK:00002) H2 2025 Earnings call February 26, 2026 03:00 AM ET Company ParticipantsAlex Keisser - CFOMarissa Wong - Director of Investor RelationsPierre Lau - Managing DirectorSteven Choi - Business Relationship ManagerT.K. Chiang - CEOConference Call ParticipantsCissy Guan - Equity Research AnalystRob Koh - Equity Research AnalystYonghua Park - Equity Research AnalystMarissa WongGood afternoon. Welcome to CLP's 2025 annual results briefing. My name is Marissa, Director of Investor Relations. With me ...

CLP (SEHK:00002) H2 2025 Earnings call February 26, 2026 03:00 AM ET Speaker2Good afternoon. Welcome to CLP's 2025 annual results briefing. My name is Marisa, Director of Investor Relations. With me today is Chief Executive Officer, Mr. TK Cheung, and Chief Financial Officer, Mr. Alex Kaiser. We lodged our 2025 annual results with the exchange today. That announcement, as well as this presentation, is now available on the CLPIR website. This recording is also being recorded. You can access that a little bit ...

France's Technip Energies misses Q4 profit forecast, announces buyback | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 26 (Reuters) - French energy infrastructure company Technip Energies [(TE.PA), opens new tab] reported quarterly adjusted core profit below market expectations, while announcing a higher dividend payout and a 150 million euro share buyback program.The company, which specialises in engineering and technology for ...

Core Insights - Tigo Energy showcased its new real-time active commissioning software at the KEY 2026 Expo, aimed at enhancing solar installation efficiency and installer confidence [1] - The company reported an estimated 6 to 8 GW of new solar capacity additions in Italy, driven by large-scale projects and integrated storage solutions [1] - Tigo's TS4 Flex MLPE products support high-power PV modules, with the TS4-A accommodating modules up to 725 W and providing significant energy production boosts [1] Group 1: Product Innovations - The new active commissioning software supports installers throughout the jobsite workflow, offering on-site guidance and real-time progress visibility [1] - Tigo's TS4-A MLPE devices provide over 7.6% reclaimed energy on residential solar systems between 3-12 kW, with up to 40% of those systems increasing energy production by more than 10% [1] - The software includes more than twenty core enhancements to streamline the installation and commissioning process, improving situational awareness for solar installers [1] Group 2: Installer Engagement and Market Strategy - Tigo's Installer Loyalty Program has been expanded with new eligibility tiers, enhanced data support, and upgraded co-branding opportunities [1] - The company has logged 1,500 engagements in its Green Glove service program, reinforcing its commitment to Total Quality Solar and improving installer experiences [2] - Tigo emphasizes the importance of installer feedback in driving practical improvements in its products and software, aiming to reduce delays and enhance installation confidence [1]

Core Viewpoint - The ALPS Clean Energy ETF (ACES) has shown a strong return of 38.2% over the past year, but its five-year return is significantly negative at -59.34%, indicating volatility and risk in the clean energy sector [1]. Group 1: ETF Overview - ACES is a thematic growth ETF that targets the entire clean energy ecosystem in North America, with 32% of its portfolio in Industrials and notable exposure to Information Technology, Utilities, Materials, and Consumer Discretionary [1]. - The fund has a 39% annual turnover rate, reflecting a buy-and-hold strategy, and a reasonable expense ratio of 0.55% for a thematic fund [1]. - With net assets of $117.1 million, ACES is considered smaller, which may lead to wider bid-ask spreads during volatile market conditions [1]. Group 2: Performance Analysis - ACES has outperformed the S&P 500's 12.95% return over the past year, driven by a recovery in the clean energy sector following a significant drawdown from 2021 to 2023 [1]. - Year-to-date, ACES is up 9.13%, but it has underperformed compared to the iShares Global Clean Energy ETF, which has gained 15.09% [1]. - The five-year return of -59.34% highlights the challenges faced during the rate-hiking cycle, indicating a need for recovery for long-term investors [1]. Group 3: Market Environment - The current rate environment is favorable, with the Federal Reserve cutting rates three times between September and December 2025, reducing financing costs for renewable projects [1]. - The 10-year Treasury yield is at 4.08%, down 34 basis points year-over-year, which eases valuation pressure on growth holdings [1]. Group 4: Risks and Considerations - The ETF faces policy concentration risk, as its recent momentum is largely tied to clean energy tax credits from the Biden administration, with a looming June 30, 2026 deadline creating both a catalyst and potential cliff [1]. - ACES includes a mix of profitable infrastructure operators and pre-revenue micro-cap companies, leading to significant volatility within the portfolio [1]. - The fund offers minimal income with a dividend yield of 0.46% and a quarterly distribution of $0.0911 per share as of December 2025, providing little cushion during market drawdowns [1].

Third consecutive independent MiQ certification underscores CRC’s commitment to meeting California's energy needs responsiblyBAKERSFIELD, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) announced today that it has received a ‘Grade A’ certification through MiQ, the global methane certification and verification standard, for production segments across their San Joaquin Valley operating assets in Fresno and Kern Counties. This marks CRC’s third MiQ certification, with th ...

Core Insights - Zelestra has commenced construction on the Babilonia solar facility, a 242MWdc project in Arequipa, Peru, as part of the larger La Joya solar complex, which aims for nearly 700MWdc total capacity [1][2] - The project is backed by a long-term power purchase agreement (PPA) with Celepsa, ensuring a reliable energy supply for various clients in Peru [2][4] - The facility will utilize 394,000 bifacial solar panels and is expected to start commercial operations in the first half of 2027, generating renewable energy for approximately 350,000 homes [3] Company and Industry Developments - The construction of the Babilonia facility is projected to create over 500 jobs, primarily sourced from the local workforce, contributing to economic development [3] - Zelestra's CEO emphasized Peru as a key market, highlighting the company's commitment to large-scale, reliable energy projects that support the energy transition and local communities [4] - The La Joya complex includes the San Martín solar project, operational since 2025, which is Peru's largest solar installation at 300MW, with an additional 125MW project also in progress [2]

C R E A T I N G A C O P P E R R O Y A L T Y C H A M P I O N F e b r u a r y 2 0 2 6 C S E | E V R C S E : E V R Cautionary Statements This confidential corporate presentation (the "Presentation") is a confidential document and is being provided to you by Evolve Strategic Element Royalties Ltd. (the "Company") solely for your information and may not be reproduced, in whole or in part, in any form or forwarded or further distributed to any other person. By accepting and reviewing this Presentation, you acknow ...

Core Insights - Vopak reported record financial results for FY 2025, with net profit increasing by 61% to EUR 604 million and earnings per share (EPS) rising by 68% to EUR 5.23 [3][6] - The company announced a shareholder distribution program of approximately EUR 1.7 billion through year-end 2030, which includes a proposed dividend increase of 5% or more annually and a share buyback program of up to EUR 500 million [3][5] Financial Performance - Revenues for FY 2025 were EUR 1,299 million, slightly down from EUR 1,316 million in 2024, but a 1.2% increase when excluding negative currency translation effects [6][10] - Proportional operating free cash flow increased to EUR 823 million, resulting in a record cash flow per share of EUR 7.13, a 7% increase year-on-year [3][10] - Operating expenses rose to EUR 673 million in 2025, up from EUR 662 million in 2024, primarily due to higher development and maintenance costs [6][7] Growth and Investments - The company is well-positioned to achieve its goal of investing EUR 4 billion by 2030, with EUR 1.1 billion in growth commitments currently under construction in various countries [3][5] - Vopak's capital allocation strategy includes a focus on energy transition infrastructure, with EUR ~200 million in growth commitments underway in the Netherlands and Malaysia [2][3] Operational Metrics - The proportional occupancy rate for 2025 was 91%, reflecting strong demand for storage infrastructure, with Q4 occupancy improving to 92.4% [12] - Proportional EBITDA for FY 2025 increased to EUR 1,184 million, up from EUR 1,170 million in 2024, driven by growth contributions and a positive one-off item [10][12] Sustainability and Safety - The company maintained a steady performance in safety metrics, with a Total Injury Rate (TIR) of 0.23 and a Lost-time Injury Rate (LTIR) of 0.11 [4][5] - Total GHG emissions for FY 2025 were reported at 196.9 thousand metric tons, a decrease from 224.5 thousand metric tons in 2024 [4]

2月24日电网板块表现较好，电网ETF（561380）大涨3.88%，主要系北美AI缺电持续演绎。 全球电网升级：全球能源转型的持续推进带来新能源上网需求，亟须电网建设保障新能源消纳，欠发达 地区基础设施相对落后，有较大的发展潜力。两网稳健开拓国际市场，参与"一带一路"沿线国家的电网 建设，有望带动电力设备出海。 来源：WIND 春节期间北美AI缺电相关新闻： PJM（负责美国东北部13个州的电网运营，是美国最大的区域电力市场）拟加码投资电网，服务于数据 中心。 WoodMack发布报告，指出供应链限制制约了美国天然气发电的增长，交付周期从2年提升至5年。随着 新产能的提升，27年才会开始逐渐缩短。因此，必须通过其他方式增加电力供应，可再生能源、储能、 小型汽油、柴油发动机等或将起一定作用。 美国最高法院裁定特朗普政府依据《国际紧急经济权力法》（IEEPA）征收的关税政策违法；特朗普随 即引用《1974年贸易法》第122条，宣布对全球商品加征10%的临时关税，并在2月21日将税率紧急上调 至15%，要求"立即生效"。 国内投资定调："十五五"期间，国家电网公司固定资产投资预计达到4万亿元，较"十四五"投资增长 ...