Oslo, 1 October 2025: Vow ASA (ticker OSE: VOW) confirms delivery of a large pyrolysis reactor to Vow Green Metal (VGM) at the site in Follum in the fourth quarter of 2025. The project at Follum will include the use of Vow’s medium and large capacity pyrolysis technology. The unit is expected to support VGM’s plans for increased production capacity. “This delivery marks a significant step in our collaboration with VGM,” says Gunnar Pedersen, CEO of Vow ASA. “We are supporting VGM in a joint FEED study for t ...

Debt Restructuring - Brazilian waste firm Ambipar hires BR Partners for debt restructuring [1]

Group 1: Acquisition Details - INVL Private Equity Fund II, the largest private equity fund in the Baltics, signed an agreement to acquire a 75% stake in Eesti Keskkonnateenused (EKT), Estonia's largest waste management group, with the transaction expected to be completed by the end of 2025, pending approval from the Estonian Competition Authority [1][2] - Current EKT shareholders (management) will retain a 25% stake in the company [1] Group 2: EKT Operations - EKT provides a wide range of waste management and municipal services, including collection and processing of household waste, secondary raw materials, construction waste, hazardous waste, bio-waste, and street cleaning, with consolidated revenue of EUR 77 million in 2024 and approximately 800 employees [2] Group 3: Growth Strategy and Future Plans - EKT is working on a major hazardous waste incineration project to boost existing capacity from 2,000 to 15,000 tonnes a year, and aims to expand sorting and recycling capabilities to enhance contributions to Estonia's circular economy goals [3] - The acquisition is expected to open more opportunities for EKT to successfully implement its growth strategy [3] Group 4: Fund's Investment Strategy - INVL Private Equity Fund II aims to invest EUR 10-60 million in companies across various sectors that have the potential to become regional leaders, focusing on acquiring majority or significant minority stakes [6][7] - The fund seeks attractive opportunities in the Baltics, Poland, Romania, and the broader EU, with a strategy centered on long-term value creation through active investment management [6][7] Group 5: Management and Experience - The fund is managed by INVL Asset Management, a leading Baltic alternative asset manager with over 30 years of experience, managing or supervising EUR 2 billion in assets across various investment strategies [8]

Group 1: Acquisition Details - INVL Private Equity Fund II, the largest private equity fund in the Baltics, signed an agreement to acquire a 75% stake in Eesti Keskkonnateenused (EKT), Estonia's largest waste management group, with the transaction expected to be completed by the end of 2025, subject to regulatory approval [1][2] - Current EKT shareholders (management) will retain a 25% stake in the company [1] Group 2: EKT Operations - EKT provides a wide range of waste management and municipal services, including collection and processing of household waste, secondary raw materials, construction waste, hazardous waste, bio-waste, and street cleaning, with consolidated revenue of EUR 77 million in 2024 and approximately 800 employees [2] Group 3: Growth Strategy and Future Plans - EKT is working on a major hazardous waste incineration project to boost its capacity from 2,000 to 15,000 tonnes a year, and aims to expand sorting and recycling capabilities to enhance contributions to Estonia's circular economy goals [3] - The acquisition is expected to open more opportunities for EKT to successfully implement its growth strategy [3] Group 4: Fund's Investment Strategy - INVL Private Equity Fund II aims to invest EUR 10-60 million in companies across various sectors that have the potential to become regional leaders, focusing on acquiring majority or significant minority stakes [6][7] - The fund seeks attractive opportunities in the Baltics, Poland, Romania, and the broader EU, with a strategy centered on long-term value creation through active investment management [6][7] Group 5: Management and Background - The fund is managed by INVL Asset Management, a leading Baltic alternative asset manager with over 30 years of experience, managing or supervising EUR 2 billion in assets across various investment strategies [8]

Core Viewpoint - Sabesp (SBS) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook for its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changing earnings estimates in determining near-term stock price movements, making it a valuable tool for investors [2][4]. - An increase in earnings estimates typically leads to buying pressure and a potential rise in stock price, reflecting an improvement in the company's underlying business [5][6]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10]. Specifics for Sabesp - For the fiscal year ending December 2025, Sabesp is expected to earn $1.18 per share, with analysts raising their estimates by 8.3% over the past three months [8].

Debt Restructuring - Ambipar Participações e Empreendimentos is nearing the engagement of Seneca Evercore, a Brazil advisory boutique, for debt restructuring [1] Company Information - Ambipar is a waste-management company [1]

Core Insights - 374Water Inc. is advancing its Waste Destruction Services (WDS) to provide scalable solutions for eliminating hazardous and non-hazardous wastes, particularly targeting PFAS and other environmental contaminants [1][2][3] - The company is actively bidding on tens of millions of dollars in WDS contracts across various market segments, indicating strong demand for its services [1][6] WDS Business Model Highlights - WDS leverages AirSCWO technology to offer a flexible and scalable waste destruction solution, addressing persistent environmental contaminants without leaving harmful byproducts [2][3] - The business model aims to generate revenue beyond traditional equipment sales, facilitating broader market absorption of AirSCWO technology [3] - Increasing demand for destruction solutions for PFAS contaminated waste streams is driving the company's growth strategy [3] WDS Operations and Expansion Plans - Over the next 12 to 18 months, the company plans to establish multiple WDS operations at Treatment, Storage, and Disposal Facilities (TSDF) across the U.S. [4] - Initial deployment will utilize AS6 systems, with plans to expand to AS30 systems and mobile operations [4] WDS Financial Model Highlights - The company anticipates compelling unit economics for both clients and itself, with flexible access options and a pay-as-you-go service model [5] - AirSCWO units are designed to process between 1-30 wet tons per day, allowing for rapid deployment to meet growing demand [5] Orange County Sanitation Update - The delivery of the AS6 system to Orange County Sanitation District has been postponed due to supply chain delays and permitting issues, with hopes to complete the deployment by late Q4 2025 or early Q1 2026 [7][8] - The partnership with OC San is seen as a significant opportunity to showcase the AirSCWO technology [8] Company Overview - 374Water Inc. is positioned as a leader in innovative waste treatment solutions, focusing on the destruction of a wide range of organic wastes while producing safe dischargeable water streams and recoverable heat energy [9] - The company aims to address wastewater treatment and waste management challenges within municipal, federal, and industrial markets [9]

Group 1: Purchase Order and Financial Impact - Vow ASA and its subsidiary Scanship received a purchase order from a major European shipyard worth EUR 11.3 million, with deliveries starting mid-June 2026 and continuing throughout 2027 [1] - The order was initially mentioned as an option in a stock market announcement on 8 February 2024, and the customer retains an option to order similar equipment for one additional vessel at a later stage [1] Group 2: Commitment to Sustainability - The contract reinforces Vow ASA's commitment to reliable and sustainable solutions, as stated by the CEO Gunnar Pedersen [2] - Scanship technology will ensure that all wastewater on the ships is purified according to the highest standards at sea, specifically for the Baltic Sea and Alaskan State waters [3] Group 3: Waste Management and Environmental Compliance - The waste management system processes residue sludge, food waste, and other biogenic waste through several steps, including dewatering, homogenization, thermal hydrolysis, drying, and pyrolysis [3] - The end products from this system include climate-neutral energy and carbon for capture and storage (CCS), enhancing the onboard circular economy by recovering valuable commodities like glass and aluminum [4] Group 4: Industry Leadership and Technological Advancements - Vow ASA is a market leader in wastewater purification and valorisation of waste, providing technology that enables industries to transition towards a fossil-free future [9] - The company's advanced technologies allow for the conversion of biomass, sewage sludge, plastic waste, and end-of-life tyres into clean energy and low carbon fuels, supporting industry decarbonisation [7][9]

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Dutch Bros (NYSE: BROS). He recommended buying some now and then buying some of the stock in the $40s.On Sept. 24, RBC Capital analyst Logan Reich reiterated Dutch Bros with an Outperform and maintained a price target of $85.American Bitcoin Corp (NASDAQ: ABTC) is a “total spec,” Cramer said.As per the recent news, American Bitcoin, on Thursday, named KPMG as new auditor.Recursion Pharmaceuticals (NASDAQ: RXRX) has been a “bad stock. We need to ...

Group 1: Dutch Bros - Dutch Bros (NYSE: BROS) is recommended for purchase now and again in the $40s by Jim Cramer [1] - RBC Capital analyst Logan Reich maintains an Outperform rating on Dutch Bros with a price target of $85 [1] - Dutch Bros shares fell 1.4% to settle at $53.36 [5] Group 2: American Bitcoin Corp - American Bitcoin Corp (NASDAQ: ABTC) is considered a "total spec" by Jim Cramer [1] - American Bitcoin recently appointed KPMG as its new auditor [1] - American Bitcoin shares fell 4.3% to close at $6.69 [5] Group 3: Recursion Pharmaceuticals - Recursion Pharmaceuticals (NASDAQ: RXRX) is viewed negatively, with Cramer stating a need for improvement before investment [2] - The company reported second-quarter revenue of $19.22 million, exceeding analyst estimates of $16.23 million [2] - Recursion reported a second-quarter loss of 41 cents per share, missing forecasts of a loss of 34 cents per share [2] - Recursion Pharmaceuticals shares declined 5.1% to settle at $4.63 [5] Group 4: Republic Services - Republic Services, Inc. (NYSE: RSG) requires a bounce according to Jim Cramer [3] - Barclays analyst William Grippin initiated coverage on Republic Services with an Equal-Weight rating and a price target of $240 [3] - Republic Services shares fell 0.2% to close at $226.86 [5]