SAN JOSE, Calif., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence”) today announced that the underwriters of the previously announced upsized secondary underwritten public offering (the “offering”) of 8,402,178 shares of its Class A common stock (“Common Stock”) by selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) have fully exercised their option to purchase an additional 1,260,326 shares of Common Stock at a price to the public of $45.00 per share. T ...

Hut 8 CEO Asher Genoot said: "Execution discipline is critical at the scale and complexity of River Bend. We believe Jacobs brings the experience and rigor required to deliver complex infrastructure on schedule and to the highest standards of quality and safety. Their role as EPCM partner reinforces a partnership-driven execution model designed to de-risk delivery and establish a repeatable framework as we scale across our broader development pipeline." The initial data hall at River Bend is scheduled for c ...

RIVERSIDE, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, today announced that its wholly owned subsidiary, SolarMax Renewable Energy Provider, Inc., has entered into two engineering, procurement and construction (EPC) agreements with Yabucoa BESS LLC and Naguabo BESS LLC for new utility-scale battery energy storage system (“BESS”) projects located in Humacao, Puerto Rico and Ceiba Municipality, Puerto Rico ...

Company Overview - Argan is a diversified engineering and construction firm focusing on power generation, renewable energy, and infrastructure markets, leveraging technical capabilities and project management expertise to deliver complex projects for utility and industrial clients nationwide [6][9] - As of the latest market close, Argan's stock price is $325.96, with a market capitalization of $4.52 billion, revenue of $915.03 million, and net income of $119.93 million for the trailing twelve months (TTM) [4] Recent Developments - Alpine Investment Management initiated a new position in Argan, acquiring 60,000 shares valued at approximately $16.20 million as of September 30, which now accounts for 13.62% of Alpine's reportable U.S. equity assets [2][3] - Argan's stock has increased by 127% over the past year, significantly outperforming the S&P 500's 17% gain during the same period [3] Financial Performance - In the third quarter, Argan reported a net income of $30.7 million, or $2.17 per share, with EBITDA climbing to $40.3 million and margins expanding to 16% [10] - For the first nine months of the fiscal year, net income increased by over 60% year over year, and the company ended the quarter with over $726 million in cash and investments, with no debt [10] Project Backlog - Argan reported a record project backlog of approximately $3.0 billion, more than double the amount at the start of the fiscal year, primarily driven by new gas-fired power projects in Texas [7] - This backlog indicates years of revenue already secured, rather than mere projections [7] Market Position - The company's focus on hard assets and cash generation aligns with current investment trends, suggesting that Argan's stock has potential for further growth based on its backlog, margins, and liquidity [11]

Core Viewpoint - Legence Corp. has successfully completed the acquisition of The Bowers Group, enhancing its service offerings and marking a significant milestone in its growth strategy [1][2]. Financial Details - The acquisition involved an upfront cash payment of $325 million, funded through a combination of cash reserves, borrowings from a revolving line of credit, a $200 million increase in Legence's term loan facility, and the issuance of approximately 2.55 million shares of Class A common stock [2]. - An additional $50 million in deferred consideration will be paid at the end of 2026, either in cash or in Class A common stock at the company's discretion [2]. Company Overview - Legence is a leading provider of engineering, consulting, installation, and maintenance services for mission-critical systems in buildings, specializing in HVAC, process piping, and other mechanical, electrical, and plumbing (MEP) systems [3]. - The company focuses on enhancing energy efficiency, reliability, and sustainability in both new and existing facilities, serving technically demanding sectors and counting over 60% of the Nasdaq-100 Index among its clients [3].

As filed with the U.S. Securities and Exchange Commission on December 30, 2025 Registration No. [•] U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________________________ BW Industrial Holdings Inc. (Name of registrant as specified in its charter) ___________________________________ | Delaware | 1541 | 81-4516346 | | --- | --- | --- | | (State or jurisdiction of | (Primary Standar ...

2025 was a rollercoaster ride for Fluor . Shares hit 52-week highs of $57.50 per share on July 31 but plunged the very next day after the company reported sharply lower revenue and earnings. High costs because of some subcontractor errors and an unexpected arbitration ruling for a Mexican project completed in 2021 were to blame. Fluor's backlog also fell 13% year over year to $28 billion, reflecting a slowdown in key end markets.Fluor is a leading global engineering and construction firm, operating at scale ...

IRVINE, CA., Dec. 29, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (“CETY” or the “Company”), a clean energy technology company delivering scalable solutions in power generation, storage, waste-to-energy, and heat-to-power, today announced that Vermont Renewable Gas, LLC (“VRG”), a CETY affiliate, has submitted its first round of discovery responses in the Vermont Public Utility Commission’s Certificate of Public Good (CPG) review process for its proposed 2.2 MW renewable electric ...

Core Insights - Aristides Capital has initiated a new position in Fluor Corporation, acquiring 224,842 shares valued at approximately $9.46 million as of September 30, representing about 2.84% of its total reportable U.S. equity assets [1][2]. Company Overview - Fluor Corporation is a global leader in engineering and construction services, focusing on energy, infrastructure, technology, and government projects [6]. - The company operates a project-driven business model, generating revenue through large-scale contracts in various sectors including energy transition, infrastructure, and government services [9]. Financial Performance - Fluor's revenue for the trailing twelve months (TTM) is reported at $15.59 billion, with a net income of $3.38 billion [4]. - The company's stock price as of the latest report is $40.69, reflecting a 20% decline over the past year, underperforming the S&P 500, which has increased by about 15% during the same period [3][4]. Recent Developments - Despite a challenging third quarter, where revenue fell 18% year over year, adjusted EBITDA increased by 29% to $161 million, and management has raised full-year adjusted EPS and EBITDA guidance [10]. - Fluor's backlog stands at $28.2 billion, with 82% being reimbursable, which mitigates risks associated with cost overruns [10][11]. - The company has repurchased $70 million of its stock in the quarter and plans to repurchase up to $800 million more by early 2026, supported by $2.8 billion in cash and marketable securities [11].

Core Insights - U.S. construction activity is strengthening due to federal infrastructure initiatives and data center developments, benefiting EMCOR Group, Inc. (EME) [1] - EMCOR's Remaining Performance Obligations (RPO) are crucial for revenue stability heading into 2026, reflecting a diversified base across multiple end markets [2] - Record RPO levels reported in Q3 2025 indicate broad-based strength across various sectors, with RPOs increasing to $12.61 billion from $9.79 billion year over year [3] - The mix of multi-year projects enhances revenue visibility, supported by easing financial conditions and favorable project financing [4] Company Performance - EMCOR's RPO growth is driven by rising project awards in infrastructure, healthcare, and manufacturing markets, with significant gains in Network & Communications RPOs [9] - Shares of EMCOR have gained 18% in the past six months, underperforming the Zacks Building Products - Heavy Construction industry but outperforming the broader Construction sector and the S&P 500 Index [8] - EMCOR stock is trading at a premium with a forward 12-month price-to-earnings (P/E) ratio of 22.86 [12] Earnings Estimates - Earnings estimates for EMCOR in 2026 have increased to $27.41 per share, indicating a year-over-year growth of 17.3% [14] - Current earnings estimates for the upcoming quarters and years are stable, with no changes in the last 30 days [15]