Core Insights - AS Tallink Grupp reported a 4.9% increase in passenger transport in June 2025 compared to June 2024, with 598,977 passengers transported [1][2] - The company experienced a significant decrease in cargo units transported, down 11.2% in June and 22.8% in the second quarter compared to the previous year [2] - Passenger vehicles transported saw a slight increase of 1.0% in June and 1.4% in the second quarter compared to the same periods last year [2] Passenger Transport Summary - June 2025: 598,977 passengers, up from 570,803 in June 2024 (4.9% increase) [2] - Q2 2025: 1,488,128 passengers, up from 1,451,768 in Q2 2024 (2.5% increase) [2] - Key routes: - Finland - Sweden: 153,422 passengers in June 2025, down 0.6% from June 2024 [2] - Estonia - Finland: 386,211 passengers in June 2025, up 14.8% from June 2024 [2] - Estonia - Sweden: 59,344 passengers in June 2025, down 25.8% from June 2024 [2] Cargo Transport Summary - June 2025: 22,544 cargo units, down from 25,383 in June 2024 (11.2% decrease) [2] - Q2 2025: 67,038 cargo units, down from 86,813 in Q2 2024 (22.8% decrease) [2] - Key routes: - Finland - Sweden: 2,899 cargo units in June 2025, down 16.7% from June 2024 [2] - Estonia - Finland: 16,247 cargo units in June 2025, down 11.0% from June 2024 [2] - Estonia - Sweden: 3,398 cargo units in June 2025, down 7.0% from June 2024 [2] Passenger Vehicle Transport Summary - June 2025: 87,530 passenger vehicles, up from 86,651 in June 2024 (1.0% increase) [2] - Q2 2025: 212,782 passenger vehicles, up from 209,760 in Q2 2024 (1.4% increase) [2] - Key routes: - Finland - Sweden: 9,558 passenger vehicles in June 2025, up 5.6% from June 2024 [2] - Estonia - Finland: 73,712 passenger vehicles in June 2025, up 0.6% from June 2024 [2] - Estonia - Sweden: 4,260 passenger vehicles in June 2025, down 1.6% from June 2024 [2]

Baltic Horizon Fund applied for bondholders’ approval for certain amendments to the terms and conditions (the Terms and Conditions) of the Baltic Horizon Fund EUR 42 million 5-year floating rate bonds maturing in 2028 (ISIN EE3300003235, the Bonds) in relation to the Bonds by way of written procedure initiated on 9 June 2025. Bondholders who were entered in the registry of bond-holders maintained by Nasdaq CSD SE on 6 June 2025 were entitled to vote in the written procedure (the Holders). Altogether Holders ...

Core Insights - Sky Quarry Inc. has filed a Waste Management Recycling Permit application to operate a combined oil sands extraction and waste asphalt shingle recycling facility in Utah, which aims to unlock new commercial pathways and expand revenue-generating operations [1][4] Group 1: Permit Application and Operational Initiatives - The permit application includes a request for a combined permit structure from the School and Institutional Trust Lands Administration (SITLA), allowing consolidation of shingle processing, heavy oil extraction, and asphaltic sand production [2] - If approved, the facility is projected to recover approximately 10 million barrels over a 15-year period, based on an operating capacity of 2,000 barrels per day [3] Group 2: Strategic Vision and Environmental Impact - The permit application is a critical step in scaling the company's waste-to-energy platform, creating multiple revenue streams from a single operational footprint [4] - The initiative aligns with Utah's economic and environmental priorities, contributing to improved waste management and resource efficiency [4][5] Group 3: Financial and Operational Benefits - The company anticipates early-stage cash flow from asphaltic sand and oil sales, which will strengthen its ESG and sustainability profile [8] - The deployment of the ECOSolv process is expected to support on-site heavy oil extraction and advance recycled product development through R&D [7]

Baltic Horizon Fund (the Issuer) has initiated a written procedure to amend the terms and conditions of Baltic Horizon Fund EUR 42 million 5-year floating rate bonds maturing in 2028 (ISIN EE3300003235, the Bonds). The current outstanding nominal amount of the Bonds is EUR 18,999,997.80 as Baltic Horizon Fund has redeemed Bonds in nominal amount of EUR 23,000,002.20 in accordance with the terms and conditions of the Bonds (Terms and Conditions). The Issuer has decided to request consent from the holders of ...

Core Insights - Ingersoll Rand Inc. has completed the acquisition of Lead Fluid, a company specializing in advanced fluid-handling products for life science applications [1][8] - The acquisition aligns with Ingersoll Rand's strategy to expand its market share and enhance its life sciences business in China [3][8] Acquisition Details - Lead Fluid is headquartered in China and manufactures products such as peristaltic pumps, gear pumps, and syringe pumps, which are crucial for precise fluid delivery [2] - The financial terms of the acquisition have not been disclosed [1] Strategic Rationale - The acquisition is part of Ingersoll Rand's broader growth strategy, which includes acquiring businesses to increase market presence and customer base [3] - Lead Fluid's expertise will be integrated into Ingersoll Rand's Life Sciences platform under the Precision and Science Technologies segment [3][8] Other Acquisitions - Ingersoll Rand has a history of acquisitions, including Air Power Systems, Blutek, and UT Pumps, which have contributed to its growth strategy [4][5] - The recent acquisitions have enhanced the company's capabilities in energy-efficient solutions, high-specification projects, and new pump technology [4][5] Financial Performance - In the first quarter of 2025, acquisitions contributed 8.4% to Ingersoll Rand's total revenues [5] - The company has a market capitalization of approximately $33 billion and currently holds a Zacks Rank of 3 (Hold) [6] Stock Performance - Ingersoll Rand's shares have increased by 7.9% over the past month, outperforming the industry growth of 7.2% [9] - The Zacks Consensus Estimate for the company's earnings in 2025 is $3.32 per share, reflecting a decrease of 2.9% from previous estimates [9]

Core Viewpoint - Ingersoll Rand Inc. has acquired Lead Fluid, a China-based manufacturer of advanced fluid-handling products, to enhance its life science capabilities and support its in-region, for-region growth strategy [1][3]. Group 1: Acquisition Details - Lead Fluid specializes in designing and manufacturing fluid-handling products such as peristaltic pumps, syringe pumps, and gear pumps, with an annual revenue of approximately $8 million [2]. - The acquisition aligns with Ingersoll Rand's strategy of executing bolt-on acquisitions to strengthen its market position in high-growth sectors [3][7]. Group 2: Strategic Implications - The acquisition is expected to enhance Ingersoll Rand's life science capabilities in China, contributing to the overall durability of its portfolio by increasing exposure to sustainable end markets [3]. - The pre-synergy adjusted EBITDA purchase multiple for this acquisition is in the low double-digits, indicating a strategic investment in a growing segment [7]. Group 3: Company Overview - Ingersoll Rand is a global provider of mission-critical flow creation and life science solutions, supported by over 80 respected brands, and is committed to delivering exceptional performance and durability [4].

In May 2025 AS Tallink Grupp transported 472,683 passengers, which is a 2.0% decrease compared to May 2024. The number of cargo units decreased by 19.8% to 22,605 units and the number of passenger vehicles decreased by 4.7% to 65,482 units compared to the same period a year ago.AS Tallink Grupp passenger, cargo unit and passenger vehicle numbers for May 2025 were the following: May 2025May 2024ChangePassengers472,683482,457-2.0%Finland - Sweden108,330105,8562.3%Estonia - Finland313,348328,949-4.7%Estonia - ...

Financial Performance - Invalda INVL reported equity of EUR 238.1 million at the end of March 2025, representing a 30.9% increase year-over-year, with a per-share value of EUR 19.82, up 30.8% from the previous year [1] - The company achieved an unaudited net profit of EUR 15.9 million in Q1 2025, which is 3.4 times higher than the EUR 4.7 million net profit recorded in the same period last year [1] Asset Management - The asset management group experienced a EUR 3 million loss for clients in Q1 2025 due to global market corrections, yet the total value of client assets under management grew by 27.9% year-over-year, exceeding EUR 1.9 billion [2] - Revenue from asset management activities reached EUR 3.9 million in Q1 2025, marking a 32.8% increase compared to the same period in 2024 [4] Strategic Developments - The successful launch of the INVL Private Equity Fund II was highlighted as a significant achievement, making it the largest fund in the Baltics [3] - The INVL Baltic Sea Growth Fund completed the sale of InMedica Group, demonstrating a successful growth strategy and returning a significant portion of capital to investors [6] Investment Activities - The INVL Renewable Energy Fund I completed an oversubscribed EUR 8 million bond issue in February 2025 [7] - The company is actively seeking investment targets for the INVL Private Equity Fund II, with expectations to finalize at least two acquisitions by the end of 2025 [6] Equity Investments - Invalda INVL's other equity investments contributed EUR 17.7 million to earnings in Q1 2025, positively influenced by strong performances from banks in which the company holds stakes [9] - Maib, Moldova's largest bank, reported a record net profit of EUR 20.1 million in Q1 2025, while Artea Bank earned EUR 17.35 million [10] Additional Insights - The agricultural business group Litagra positively impacted Invalda INVL's results with EUR 1.6 million in Q1 2025, supported by a favorable market environment [11] - The INVL Family Office expanded its client base in the Baltic region and joined an initiative to support the Vilnius Lyceum Alumni Endowment fund [8]

Core Points - AS Merko Ehitus Eesti has signed a construction contract for the Rail Baltica Ülemiste international passenger terminal in Tallinn with OÜ Rail Baltic Estonia [1] - The terminal building, named "Linda," is designed by Zaha Hadid Architects and will span across the planned Rail Baltica railway and existing Estonian Railways infrastructure [2] - The terminal will feature a 180-meter long section crossing the railway, rising approximately 20 meters above street level, with three platforms totaling about 1,250 meters in length [3] - The contract value is approximately 85 million euros, with a construction deadline set for October 2028 [4] - AS Merko Ehitus Eesti is a recognized construction company in Estonia, providing services in general construction, civil engineering, and residential construction [4] Company Information - AS Merko Ehitus group operates in Estonia, Latvia, and Lithuania, employing 605 people as of the end of 2024, with a revenue of EUR 539 million for that year [4]

Core Insights - Northland Power Inc. reported its financial results for Q1 2025, highlighting a decrease in revenue and net income compared to the same quarter in 2024, primarily due to adverse wind conditions in Europe [12][25][29] Financial Performance - Revenue from energy sales was $649 million in Q1 2025, down from $755 million in Q1 2024, reflecting a decrease of approximately 14% [12][13] - Net income for Q1 2025 was $111 million, compared to $149 million in Q1 2024, marking a decline of about 26% [12][25] - Adjusted EBITDA was $361 million in Q1 2025, down from $454 million in Q1 2024, representing a decrease of approximately 20% [12][26] - Free Cash Flow per share was $0.60 in Q1 2025, compared to $0.88 in Q1 2024, indicating a decline of about 32% [12][29] Project Updates - The Oneida Energy Storage Project, a 250 MW facility, commenced commercial operations ahead of schedule and under budget, operating under a 20-year capacity contract [4][34] - The Hai Long offshore wind project has successfully installed its first wind turbine and is on track for full commercial operations in 2027 [11][32] - The Baltic Power offshore wind project is progressing towards commercial operations in the latter half of 2026 [11][32] Operational Highlights - Northland's offshore and onshore renewables and natural gas facilities achieved over 95% commercial availability during the quarter [6] - Despite the lowest wind conditions in a decade in Europe, Northland's North American onshore wind and natural gas facilities delivered higher operating results [6][12] Leadership Changes - Christine Healy was appointed as the new President and CEO, and Jeff Hart was appointed as the new CFO, both expected to drive the company's strategic objectives [6][7] Sustainability Initiatives - Northland released its 2024 Sustainability Report, showcasing key sustainability achievements and reinforcing its commitment to energy transition [7]