Core Insights - DLL and Iveco Group are forming a Joint Venture (JV) to enhance access to low- to zero-emission commercial vehicles in Europe [1][2] - DLL will acquire a 51% stake in GATE, a subsidiary of Iveco Group, while Iveco Group retains 49% [2] - The JV aims to provide financial backing and asset financing expertise to accelerate GATE's growth and development [2][3] Company Overview - DLL is a global asset finance company with a managed portfolio exceeding EUR 47 billion, operating in over 25 countries [5] - DLL focuses on various industries including Agriculture, Construction, Energy Transition, and Transportation, providing financial solutions throughout the asset life cycle [5] - Iveco Group is a leader in the automotive sector, encompassing brands that specialize in commercial vehicles, powertrain technologies, and mass transit solutions [6][7] Strategic Goals - The JV will facilitate sustainable mobility through rental solutions tailored to customer needs, expanding GATE's operations beyond Italy to France and Germany, with plans for further expansion [3] - DLL's CEO emphasized the commitment to energy transition and decarbonization through partnerships and innovative financing solutions [4] - Iveco Group's President highlighted the collaboration as a significant step towards supporting customers in their energy transition efforts [4]

Company Overview - McPhy specializes in hydrogen production equipment and contributes to the global deployment of low-carbon hydrogen as a solution for energy transition [2] - The company offers a complete range of products for industrial, mobility, and energy sectors, providing turnkey solutions for industrial raw material supply, recharging of fuel cell electric vehicles, and storage and recovery of electricity surplus from renewable sources [2] - McPhy has been designing, manufacturing, and integrating hydrogen equipment since 2008, with three development, engineering, and production centers located in France, Italy, and Germany [2] Financial Information - As of April 30, 2025, McPhy has a total of 29,281,788 outstanding shares and 29,100,574 net voting rights [4] Corporate Structure - McPhy Energy is a public limited company (société anonyme) with a Board of Directors and is registered under number 502 205 917 R.C.S. Belfort [5] - The company is listed on Euronext Growth Paris with the ISIN code FR0011742329 and ticker ALMCP [5]

Company Overview - PyroGenesis Inc. is a high-tech company focused on designing, developing, manufacturing, and commercializing advanced all-electric plasma processes and sustainable solutions aimed at supporting heavy industry in energy transition, emission reduction, commodity security, and waste remediation [1][4] - The company has proprietary, patented plasma technologies that are being adopted by major industry leaders in four key markets: iron ore pelletization, aluminum, waste management, and additive manufacturing [4] Financial Update - PyroGenesis successfully closed the first tranche of a non-brokered loan with P. Peter Pascali, receiving $2,385,000 [2] - The total loan amount could reach up to $5,750,000, with an additional $3,365,000 potentially available before June 16, 2025 [2] - In connection with this tranche, the company issued 5,207,423 common share purchase warrants to the Lender, allowing the acquisition of shares at an exercise price of $0.458 for four years [2][3] Use of Proceeds - The net proceeds from the loan will be utilized for working capital and general corporate purposes [3]

Core Viewpoint - PyroGenesis Inc. is set to host a conference call on May 14, 2025, to discuss its financial results for Q1 2025 and provide updates on company progress and developments [1]. Company Overview - PyroGenesis is a high-tech company specializing in advanced all-electric plasma processes and sustainable solutions aimed at supporting heavy industries in energy transition, emission reduction, commodity security, and waste remediation [1][3]. - The company has developed proprietary and patented plasma technologies that are being adopted by major industry players in four key markets: iron ore pelletization, aluminum, waste management, and additive manufacturing [3]. - PyroGenesis operates from its Montreal office and has manufacturing facilities of 3,800 m² and 2,940 m², maintaining a competitive edge through continuous technology development and commercialization [3]. - The company is ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997 [3]. - PyroGenesis' shares are publicly traded on the TSX (TSX: PYR), OTCQX (OTCQX: PYRGF), and Frankfurt Stock Exchange (FRA: 8PY1) [3].

RONKONKOMA, N.Y., May 08, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE) (“SUNation” or “the Company”), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that it will issue its financial results for the first quarter ended March 31, 2025 on Thursday, May 15, 2025 after the close of the stock market. The Company will host a corresponding conference call on Friday, May 16, 2025 at 9:00 a.m. ET, to discuss th ...

Core Insights - Capital Clean Energy Carriers Corp. (CCEC) reported a significant increase in net income and revenues for Q1 2025, reflecting the success of its strategic shift towards gas transportation solutions [1][15][16]. Financial Performance - Revenues for Q1 2025 reached $109.4 million, a 44% increase from $76.2 million in Q1 2024 [6][16]. - Net income from continuing operations was $32.8 million, up 486% from $5.6 million in the same quarter last year [6][15]. - Total expenses increased by 17% to $47.5 million, compared to $40.7 million in Q1 2024 [6][17]. - The average number of vessels in operation rose to 15.0 from 12.0 year-over-year, contributing to the revenue growth [6][16]. Strategic Shift - The company has shifted its focus to transporting various forms of gas, including LNG, and has acquired 21 new gas carriers since November 2023 [3][4]. - CCEC has sold 12 container vessels as part of this strategic transition, reducing its container exposure significantly [3][11][24]. Fleet and Employment - CCEC's fleet now includes 15 vessels, with a focus on LNG carriers, and has secured long-term charters for two newbuild LNG carriers [8][12]. - The contracted revenue backlog has increased to $3.1 billion, with potential growth to $4.5 billion if all extension options are exercised [9][14]. Market Conditions - The LNG shipping market remains under pressure due to oversupply and reduced demand, but long-term contracting activity has seen a resurgence, particularly in Asia and Europe [29][33]. - The average spot market rate for LNG vessels was $16,700/day, with long-term rates significantly higher, indicating a potential recovery in the market [30][31]. Capitalization and Cash Flow - As of March 31, 2025, CCEC had total cash of $420.3 million, including $21.5 million in restricted cash [20]. - The company's total debt decreased to $2,575.9 million, reflecting scheduled principal payments [22]. Dividend Declaration - The Board of Directors declared a cash dividend of $0.15 per share for Q1 2025, payable on May 16, 2025 [28].

Industry Overview - The Zacks Building Products - Miscellaneous industry is facing challenges from a weak real estate market and inflation-driven consumer uncertainty, with high mortgage rates and limited housing inventory suppressing demand [1][6] - Tariff-related cost inflation is expected to compress margins, particularly due to elevated input prices for iron, steel, and copper [1][4] Government Infrastructure Spending - Increased government infrastructure spending is providing support to companies in the industry, despite potential challenges from macroeconomic uncertainties and rising raw material costs [2][7] - The U.S. administration's focus on infrastructure modernization and climate-resilient initiatives is expected to benefit industry players [8] Trends Impacting the Industry - Tariff policies are reshaping the industry by increasing costs and disrupting supply chains, contributing to broader inflationary pressures [4] - The National Association of Home Builders estimates that tariffs have added approximately $10,900 to the cost of constructing a new home [4] - Construction input costs surged at a 9.7% annualized pace in the first quarter of 2025, driven by tariff-related pressures [4] Company Performance and Strategies - Companies like Quanex Building Products Corporation, Frontdoor, Gibraltar Industries, and Aspen Aerogels are leveraging operational excellence, geographic and product diversification, and strategic acquisitions to navigate challenges [2][9] - Quanex reported a 67.3% year-over-year increase in consolidated sales due to the acquisition of Tyman, contributing $175.7 million in revenue [22][23] - Frontdoor has seen a 15% year-over-year increase in its DTC member base, driven by effective digital marketing and brand relaunch strategies [26][27] - Gibraltar is benefiting from government investments and operational improvements, with an upward revision of 2025 earnings estimates indicating 15.8% year-over-year growth [30][31] - Aspen Aerogels achieved 90% revenue growth and $90 million in adjusted EBITDA, driven by strong demand in its PyroThin Thermal Barriers business [34][35] Industry Performance Metrics - The Zacks Building Products - Miscellaneous industry currently holds a Zacks Industry Rank of 139, placing it in the bottom 43% of over 250 Zacks industries [10][12] - The industry has underperformed the Zacks S&P 500 Composite and the broader Zacks Construction sector, losing 11.1% over the past year compared to the sector's 5.4% decrease [14] - The industry's forward 12-month price-to-earnings ratio is 15.27X, lower than the S&P 500's 20.81X and the sector's 17.33X [17]

Core Viewpoint - Navigator Holdings Ltd. emphasizes its commitment to sustainability as a core aspect of its long-term business strategy, highlighting progress in fuel efficiency and partnerships in the energy transition [3]. Company Overview - Navigator Gas operates the world's largest fleet of handysize liquefied gas carriers, specializing in the transportation of petrochemical gases, including ethylene, ethane, liquefied petroleum gas (LPG), and ammonia [4]. - The company owns a 50% stake in an ethylene export marine terminal at Morgan's Point, Texas, enhancing its role in the liquefied gas supply chain [4]. Sustainability Efforts - The 2024 Sustainability Report outlines Navigator Gas' initiatives to reduce environmental impact, improve diversity, and uphold high corporate governance standards [2]. - Significant investments are being made in energy efficiency technologies, including anti-fouling hull coatings and digitalization, to enhance operational efficiency [6]. - The company is expanding its Morgan's Point Terminal to increase export capacity and introduce capabilities for connecting seagoing vessels to onshore power, aiming to reduce fuel consumption and emissions [6]. Financial Performance - Navigator Gas maintains financial strength and profitability while investing in low-carbon infrastructure, indicating a balanced approach to growth and sustainability [6]. Workforce Development - The company is focused on improving gender balance and providing training and professional development for its staff, emphasizing occupational health, safety, and wellbeing [6].

Financial Performance - The company's net income for Q1 2025 was $27.5 million, or $1.69 per share[8] - Adjusted net income for Q1 2025 was $28.4 million, or $1.74 per share, an increase of $1.2 million or $0.05 per share compared to 2024[8] - The company reaffirms its 2025 earnings guidance to be in the range of $3.01 to $3.17[55] Acquisitions and Growth - The company completed the acquisition of Bangor Natural Gas ("BNG") in January 2025, adding approximately 8,730 customers[8, 36] - The company announced the acquisition of Maine Natural Gas ("MNG") in April 2025 for approximately $86 million, expected to close by the end of the year, adding approximately 6,300 customers[8, 11] - The company announced the acquisition of three water utilities (Aquarion Water (MA & NH) and Abenaki Water (NH)) on May 6, 2025, for an enterprise value of $100 million, including approximately $30 million of debt[8, 18] Rate Base and Capital Investment - The company expects a long-term rate base growth of 6.5% - 8.5%[8] - The company's five-year projected capital investment is approximately $980 million, 46% higher than the prior five years[48] Natural Gas Operations - The company has 86,600 natural gas customers[3, 8, 59, 63, 64, 65, 66, 76, 79, 81] - Adjusted gross margin for gas operations increased by 16.2%, or $9.9 million, reflecting higher rates and customer growth[36, 37]

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Northland Power Inc. ("Northland" or the "Company") (TSX: NPI) is pleased to announce that the Oneida Energy Storage Project ("Oneida") has successfully commenced commercial operations. The project was completed ahead of schedule and under budget and is the largest battery energy storage facility in operation in Canada. "Today marks a major milestone for Northland and the Oneida project," said Christine Healy, President & Chief Executive Officer of Northland. "Oneid ...