Workflow
Sustainable Infrastructure
icon
Search documents
Royal Jordanian Armed Forces Deploy BeamWell™ Desalination, Energy and E-Mobility Product at Royal Medical Services Facility
Globenewswire· 2025-12-04 11:00
Beam Global-BeamWell-Jordan Deployment 3 Beam Global CEO Desmond Wheatley was on the ground in Jordan for the deployment and met with the U.S. Ambassador to Jordan and senior officials from the Royal JAF to discuss future opportunities for BeamWell™ deployments to support humanitarian needs, rebuilding efforts and broader deployments in the Middle East. Beam Global - BeamWell Jordan Deployment 1 Beam Global CEO Desmond Wheatley was on the ground in Jordan for the deployment and met with the U.S. Amba ...
HASI Prices Offering of $500 Million of Green Junior Subordinated Notes
Businesswire· 2025-11-14 12:00
Core Viewpoint - HA Sustainable Infrastructure Capital, Inc. has successfully priced a public offering of $500 million in green junior subordinated notes, reflecting its commitment to sustainable infrastructure investment [1] Company Summary - The company is a leading investor in sustainable infrastructure assets [1] - The offering consists of 8.000% green junior subordinated notes due in 2056 [1] - The notes will be guaranteed on a subordinated basis by Hannon Armstrong Sustainable Infrastructure [1]
Beam Global to Release Q3 2025 Operating Results, Conference Call Scheduled for November 14, 2025 at 4:30 p.m. ET
Globenewswire· 2025-11-12 20:15
Core Viewpoint - Beam Global, a provider of sustainable infrastructure solutions for electrification and energy security, will report its Q3 2025 operating results on November 14, 2025, after market close [1] Group 1: Conference Call Details - The conference call to discuss financial results will take place on November 14, 2025, at 4:30 p.m. ET [2] - Callers are required to pre-register for the call using a provided link and should dial in approximately 10 minutes before the scheduled start time [2] Group 2: Company Overview - Beam Global specializes in clean technology, focusing on sustainable energy infrastructure, EV charging solutions, energy storage, and Smart Cities Infrastructure [4] - The company operates in the U.S., Europe, and the Middle East, and is headquartered in San Diego, CA, with additional facilities in Broadview, IL, Serbia, and Abu Dhabi, UAE [4] - Beam Global is listed on Nasdaq under the symbol BEEM [4]
Beam Global to Release Q3 2025 Operating Results, Conference Call Scheduled for November 14, 2025 at 4:30 p.m. ET
Globenewswire· 2025-11-12 20:15
Core Insights - Beam Global will report its Q3 2025 operating results on November 14, 2025, after market close [1] - A conference call will be held on the same day at 4:30 p.m. ET to discuss financial results and corporate developments [1] - The company is a provider of sustainable infrastructure solutions focused on electrification of transportation and energy security [4] Conference Call Details - Date of the conference call: November 14, 2025 [2] - Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific [2] - Toll-Free Dial-In Number: 1-844-739-3880; International Dial-In Number: 1-412-317-5716 [2] - Callers are required to pre-register for the call [2] Company Overview - Beam Global is a clean technology innovator developing sustainable infrastructure products and technologies [4] - The company operates in the U.S., Europe, and the Middle East, focusing on clean energy and transportation [4] - Beam Global is headquartered in San Diego, CA, with additional facilities in Broadview, IL, Belgrade, Kraljevo, Serbia, and Abu Dhabi, UAE [4]
Atlantica Announces Private Offering of Additional $285 Million of 6.375% Green Senior Notes due 2032
Globenewswire· 2025-11-03 13:05
Core Points - Atlantica Sustainable Infrastructure Group plc and Atlantica Sustainable Infrastructure Ltd plan to offer an additional $285 million in 6.375% Green Senior Notes due 2032 in a private placement [1] - The net proceeds from the Green Notes Offering will be used to repay existing borrowings and fund a tender offer for up to $85 million of 4.125% Green Senior Secured Notes due 2028 [2] Company Overview - Atlantica Sustainable Infrastructure Ltd operates a diversified portfolio of contracted renewable energy, storage, efficient natural gas, electric transmission, and water assets across North America, Europe, and South America [8]
Beam Global Granted U.S. Patent for Smart Battery Solutions
Globenewswire· 2025-09-18 10:00
Core Insights - Beam Global has been granted a new patent for its Smart Phase Change Composite (PCC™) material, enhancing the thermal management of Lithium-ion batteries [1][2][3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating in clean energy and transportation sectors [4] - The company has facilities in the U.S., Europe, and the Middle East, and is listed on Nasdaq under the symbol BEEM [4] Patent Details - The newly granted Patent No. US 12,422,195 covers the Smart PCC™ material, which functions as a thermal switch to insulate batteries in cold conditions and cool them in hot conditions [2] - This innovation significantly improves battery robustness for extreme environments, such as freezing winters and scorching deserts [2] Product Applications - Beam Global's battery solutions powered by the Smart PCC™ material are utilized in various applications, including drones, robots, medical devices, electric vehicles, and sensitive government applications [3] - The technology enhances battery safety and reliability, accommodating natural expansion and contraction, thus increasing performance and extending battery life [3]
Beam Global Announces Second Quarter 2025 Operating Results
Globenewswire· 2025-08-14 20:30
Core Viewpoint - Beam Global reported a successful second quarter in 2025, achieving revenue growth and the highest GAAP Gross Margin in its history, while expanding its global market presence through the establishment of Beam Middle East [4]. Financial Highlights - Revenues for Q2 2025 were $7.1 million, a 12% increase from Q1 2025 [5]. - 60% of revenues for the first half of 2025 came from commercial customers, with 37% from international operations [5][6]. - GAAP Gross Margin was 20% for Q2 2025, up 4 percentage points from Q2 2024, while adjusted non-GAAP Gross Margin was 30%, a 12 percentage point increase from the previous year [5][7]. - Operating costs decreased by $1.2 million, or 17%, compared to Q2 2024 [8]. - The net loss for Q2 2025 was $4.3 million, an improvement from $4.9 million in Q2 2024 [9]. Recent Operational Highlights - Beam Global established Beam Middle East LLC, a joint venture to sell and manufacture products in the Middle East and Africa [5]. - The company shipped products to 13 U.S. states and multiple European countries, including Serbia, Romania, and Croatia [5]. - Beam Global received a Sustainability Award for Innovation in Infrastructure at the 2025 Romanian Mayors Congress [5]. - The company expanded its energy storage systems business, securing contracts totaling $2.5 million with defense customers [5]. Cash Position - As of June 30, 2025, Beam Global had cash of $3.4 million, an increase from $2.5 million at the end of Q1 2025 [10]. - The company remains debt-free with a $100 million line of credit available and unused [5]. Company Overview - Beam Global is a clean technology innovator focused on sustainable energy infrastructure and electric vehicle charging solutions, with operations in the U.S., Europe, and the Middle East [15]. - The company develops and manufactures advanced clean technology solutions aimed at enhancing energy security and supporting smart city initiatives [15].
Beam Global and Platinum Group UAE Sign Joint Venture Agreement Creating Beam Middle East LLC
Globenewswire· 2025-06-26 10:00
Core Insights - Beam Global has entered a joint venture with Platinum Group LLC to form Beam Middle East LLC, focusing on sustainable infrastructure solutions for transportation electrification and energy security in the Middle East and Africa [1][2][3] Company Overview - Beam Global is a clean technology innovator specializing in sustainable infrastructure products and technologies, with operations in the U.S. and Europe [10] - Platinum Group UAE is a diversified conglomerate with strong relationships across government and industry, chaired by His Royal Highness Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan [9] Joint Venture Details - Beam Middle East LLC will be a 50/50 joint venture, headquartered in Masdar City, Abu Dhabi, and will manufacture and sell Beam Global's patented technologies [8] - Beam Global will provide proprietary technologies, training, and marketing support, while Platinum Group will leverage its local relationships and coordinate sales [8] Market Potential - Planned spending on sustainable infrastructure in the region is projected to reach $75.6 billion by 2030, indicating significant growth opportunities for Beam Global's solutions [3] - The number of electric vehicles (EVs) in the region is expected to grow from approximately 69,000 in 2024 to about 1.5 million by 2030, representing a CAGR of 66.6% [6] - Addressable revenue from regional chargers using Beam's EV ARC™ units could reach $516.5 million by 2030 [6] Product Opportunities - BeamBike™ units could represent a revenue opportunity of $245 million in the region by 2030, assuming eBikes account for 5% of total EV volume [6] - The potential revenue opportunity for BeamSpot™ units in Abu Dhabi is estimated at approximately $322.1 million, assuming a market penetration of 5% [6] Strategic Importance - The partnership is positioned to leverage Platinum's influence and relationships to secure direct access to decision-makers in the region, which is crucial for success in the Middle East and Africa [3][8]
Beam Global Announces First Quarter 2025 Operating Results
Globenewswire· 2025-05-15 20:33
Core Viewpoint - Beam Global reported its Q1 2025 financial results, highlighting a revenue of $6.3 million and a focus on international expansion despite challenges in the U.S. market [1][4]. Financial Highlights - Revenues for Q1 2025 were $6.3 million, with a revenue CAGR of 60% over the past 60 months [5][7]. - Gross profit for the quarter was $0.5 million, representing an 8% gross margin, down from $1.5 million and 10% in Q1 2024 [8]. - The company reported a net loss of $15.5 million for Q1 2025, which included $12.5 million in non-cash expenses [10]. Operational Highlights - Sales of the flagship product EV ARC™ increased in Q1 2025, with a significant shift towards enterprise customers, which accounted for 53% of revenues compared to 16% in Q1 2024 [5][4]. - International customers contributed 25% of total revenue, up from 11% in the same period last year [5]. - The company achieved CE certification for EV ARC™ and expanded its European sales network with three new distribution partners [7]. Cash and Liquidity - As of March 31, 2025, the company had cash of $2.5 million, down from $4.6 million at the end of 2024 [11]. - The net cash used in operations for Q1 2025 was $1.8 million, an improvement from $3.0 million in Q1 2024 [11]. Goodwill and Operating Expenses - Total operating expenses for Q1 2025 were $16.0 million, including a $10.8 million goodwill impairment due to a decrease in market capitalization [9]. - Operating expenses, net of non-cash items, were $4.1 million, a slight increase from $3.8 million in Q1 2024 [9]. Future Outlook - The CEO expressed confidence in the company's ability to return to growth, citing a strong foundation for future opportunities despite current market uncertainties [4].
Beam Global to Release Q1 2025 Operating Results, Conference Call Scheduled for May 15, 2025 at 4:30 p.m. ET
Globenewswire· 2025-05-14 14:48
Core Viewpoint - Beam Global, a provider of sustainable infrastructure solutions for electrification and energy security, will report its Q1 2025 operating results on May 15, 2025, after market close, followed by a conference call to discuss the results and corporate developments [1]. Group 1: Conference Call Details - The conference call is scheduled for May 15, 2025, at 4:30 p.m. Eastern / 1:30 p.m. Pacific [2]. - Callers are required to pre-register for the call through a provided link and should dial in approximately 10 minutes before the scheduled start time [2]. Group 2: Company Overview - Beam Global is a clean technology innovator focused on sustainable energy infrastructure, EV charging solutions, energy storage, and energy security [4]. - The company operates in the U.S. and Europe, developing and manufacturing advanced clean technology solutions [4]. - Beam Global is headquartered in San Diego, CA, with additional facilities in Broadview, IL, and Serbia [4].