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NU E Power Corp. Announces Amended and Restated Share Purchase Agreement
Newsfile· 2025-06-17 13:27
Core Points - Nu E Power Corp. has entered into an amended and restated share purchase agreement to acquire 100% of Blu Dot Systems Inc. in an all-share deal [1][2] - The acquisition involves the issuance of 29,500,000 common shares of Nu E, allocated based on each Blu Dot shareholder's proportionate interest [2] - The acquisition is expected to close around July 15, 2025, subject to certain conditions including Blu Dot having a positive working capital balance of $500,000 [2] Company Overview - Blu Dot is a technical construction company operating in the solar and renewable energy sector in western Canada, which will enable Nu E to become a vertically integrated solar company [3] - The acquisition is anticipated to enhance Nu E's growth and cash flow, with Blu Dot currently negotiating contracts that will contribute to this growth in 2025 and 2026 [3][4] - Nu E Power Corp. focuses on developing, constructing, and operating clean and renewable energy infrastructure across North America [8]
EMCOR vs. Quanta: Which U.S. Construction Stock is the Superior Buy?
ZACKS· 2025-06-12 15:10
Key Takeaways EME and PWR are gaining from public infrastructure spending, mainly in data centers and energy transition. EME trades at a lower forward P/E than PWR, suggesting a more attractive entry point. EMCOR boasts a 37.1% ROE, higher than Quanta, signaling strong shareholder value generation.The United States-based engineering and construction firms are experiencing a boom in public infrastructure demand fueled by several government initiatives, namely the Infrastructure Investment and Jobs Act (IIJ ...
CEO change at Feintool
Globenewswire· 2025-05-08 16:00
This is an ad hoc announcement pursuant to Article 53of the Listing Rules (LR) of the SIX Exchange Regulation AG. CEO change at Feintool Torsten Greiner will step down as CEO of the Feintool Group at the end of May 2025 and leave the company. The Board of Directors has appointed the Chief Sales Officer and Director of the Business Unit Fineblanking and Forming Europe, Lars Reich, as the new CEO as of June 1, 2025. Torsten Greiner made the decision to step down as CEO of the Feintool Group as of the end of M ...
Enerflex Ltd. Announces First Quarter 2025 Financial and Operational Results
Globenewswire· 2025-05-08 10:00
ADJUSTED EBITDA OF $113 MILLION AND FREE CASH FLOW OF $85 MILLION EI CONTRACT BACKLOG AND ES BACKLOG OF $1.5 BILLION AND $1.2 BILLION, RESPECTIVELY, PROVIDING SOLID OPERATIONAL VISIBILITY REDUCED BANK ADJUSTED NET DEBT-TO-EBITDA RATIO TO 1.3x1 AT THE END OF Q1/25 CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months ended March 31, 2025. All amounts presented are in U.S. ...
Quanta Services(PWR) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
Quanta Services (PWR) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 Good morning, and welcome to Quanta Services First Quarter twenty twenty five Earnings At this time, all participants are in a listen only mode. A question and answer session will follow management's prepared remarks, and we ask that you please hold all questions until that time. I will then provide instructions for the question and answer session. As a reminder, this conference is being recorded. If you have any objections, pleas ...
The Best High-Yield Midstream Stock to Invest $10,000 in Right Now
The Motley Fool· 2025-05-01 09:00
Enterprise Products Partners (EPD -1.22%) has a distribution yield of around 6.8% today. Energy Transfer (ET -3.08%) has a higher yield at 7.5%, and USA Compression Partners (USAC -2.48%) is even higher at 8.3%.But if you are looking for a high-yield midstream stock, you need to think about more than just the yield. Here's why Enterprise Products Partners could be the best high-yield midstream option despite a lower yield.What does Enterprise Products Partners do?Like most midstream players, Enterprise owns ...
Public Statement on Strategic Partnership
Globenewswire· 2025-04-29 18:06
Global InterConnection Group Ltd and Scale42 are pleased to announce they are in advanced discussions for the creation of a joint venture focused on the development of integrated digital and energy infrastructure including sub-sea data cables and data centres. Please see the full press release attached. Attachment 20250429 RNS - Public Statement on Strategic Partnership. FINAL ...
Enerflex Ltd. Confirms Search for New Independent Director and Announces Timing of First Quarter Release
Newsfilter· 2025-04-22 10:00
Corporate Governance - The Board of Directors of Enerflex Ltd. intends to initiate a search for a qualified independent director this year, consistent with good corporate governance [1] - The Board is committed to achieving at least 30% gender diversity on or before the Company's 2026 annual meeting [1] Financial Results - Enerflex plans to release its financial results and operating highlights for the three months ended March 31, 2025, prior to market open on May 8, 2025 [2] - The results will be communicated via news release and will be available on the Company's website and under its electronic profile on SEDAR+ and EDGAR [2] Conference Call - A conference call and audio webcast will be held on May 8, 2025, at 8:00 a.m. (MDT) to discuss the Company's results, followed by a question-and-answer period [3] - Participants can register for the call to receive dial-in numbers and a unique PIN [4] Company Overview - Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, focusing on natural gas, low-carbon, and treated water solutions [8][9] - The Company employs over 4,600 engineers, manufacturers, technicians, and innovators, united by a vision of transforming energy for a sustainable future [9] - Enerflex remains committed to the future of natural gas and supports sustainability offerings to aid in energy transition and decarbonization efforts [9]
Can Enbridge Sustain Its 30-Year Dividend Growth Streak?
The Motley Fool· 2025-04-03 08:35
Group 1: Company Overview - Enbridge operates in the midstream sector of the energy industry, focusing on energy infrastructure like pipelines, which transport oil and natural gas globally [2] - Approximately 75% of Enbridge's business is derived from midstream assets, while the remaining portion comes from regulated natural gas utilities and renewable power assets, providing reliable cash flows [4] Group 2: Dividend Sustainability - Enbridge has a current dividend yield of 5.8%, significantly higher than the average energy company yield of 3.1%, raising questions about its sustainability [1] - The company has increased its dividend annually for 30 consecutive years, indicating a strong commitment to maintaining dividend payments [1] - Management anticipates continued dividend growth due to the company's capital investment plans, suggesting that the dividend is sustainable [9] Group 3: Financial Health - Enbridge's recent acquisition of three natural gas utilities for approximately $14 billion increased its debt-to-equity ratio from 1.2 to around 1.5 by the end of 2025 [5] - Despite the increased leverage, Enbridge's debt-to-EBITDA ratio is lower than at the start of 2023 and is comparable to its pipeline peers, indicating reasonable leverage [6] - The company's balance sheet is rated investment-grade, suggesting that it is not viewed as a material financial risk by rating agencies [7] Group 4: Market and Geopolitical Factors - Geopolitical tensions and tariffs could impact Enbridge, but the company has historically maintained its dividend during similar challenges from 2016 to 2020 [8] - The importance of oil and natural gas in the global economy supports the notion that Enbridge can continue to operate effectively despite geopolitical uncertainties [8]