Hydrology

AES Reports Positive Momentum in First Quarter; Reaffirms 2023 Guidance; Introduces New Strategic Business Units

Retrieved on: 
Thursday, May 4, 2023

ARLINGTON, Va., May 4, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2023.

Key Points: 
  • "Our first quarter results put us on track to meet our 2023 guidance and longer-term growth rates," said Andrés Gluski, AES President and Chief Executive Officer.
  • I am also pleased to announce our four new Strategic Business Units, which better reflect the greatly simplified company that AES is today."
  • First quarter 2023 Net Income was $189 million, an increase of $18 million compared to first quarter 2022.
  • This increase is the result of favorable contributions from the Energy Infrastructure and New Energy Technology Strategic Business Units (SBU), partially offset by lower contributions from the Utilities and Renewables SBUs.

Montrose Environmental Group Enters Into Agreement to Acquire Matrix Solutions Inc. of Canada

Retrieved on: 
Wednesday, May 3, 2023

Montrose Environmental Group, Inc. (“Montrose” or the “Company”) (NYSE: MEG) today announced it has entered into an arrangement agreement to acquire all of the issued and outstanding shares of Matrix Solutions Inc. (“Matrix”), one of Canada’s leading environmental and engineering consulting companies.

Key Points: 
  • Montrose Environmental Group, Inc. (“Montrose” or the “Company”) (NYSE: MEG) today announced it has entered into an arrangement agreement to acquire all of the issued and outstanding shares of Matrix Solutions Inc. (“Matrix”), one of Canada’s leading environmental and engineering consulting companies.
  • Founded in 1984 and headquartered in Calgary, Alberta, Matrix is employee-owned and broadly held with 570 employees, having grown into one of Canada’s leading pure-play providers of environmental solutions.
  • From its 19 office locations, Matrix serves clients throughout the Canadian provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.
  • AEC Advisors, LLC acted as financial advisor to Matrix, and Borden Ladner Gervais, LLP acted as its legal advisor.

GZA GeoEnvironmental Acquires Glorieta Geoscience Inc.

Retrieved on: 
Monday, May 1, 2023

GZA GeoEnvironmental, Inc. ( GZA ), a leading multi-disciplinary firm providing geotechnical, environmental, ecological, water, and construction management services, has acquired Glorieta Geoscience Inc. (GGI), a leading provider of professional consulting services in groundwater development, water rights, agricultural science, litigation support, and environmental science throughout the Western United States.

Key Points: 
  • GZA GeoEnvironmental, Inc. ( GZA ), a leading multi-disciplinary firm providing geotechnical, environmental, ecological, water, and construction management services, has acquired Glorieta Geoscience Inc. (GGI), a leading provider of professional consulting services in groundwater development, water rights, agricultural science, litigation support, and environmental science throughout the Western United States.
  • GZA’s acquisition of GGI demonstrates its continued commitment to expand GZA’s strategic engagement in the U.S. water market.
  • GGI Principal Geoscientists Jay Lazarus and Paul Drakos will continue to lead a team of talented consulting professionals based out of GZA’s new Santa Fe office.
  • We’re excited and energized about all the new opportunities our environmental, water resource, geology, hydrology, geochemistry, and agricultural technical staff will have to cross-pollinate knowledge, best practices, and client solutions with our new colleagues at GZA.’’

Third Coast Bancshares, Inc. Celebrates Arbor Day with 2nd Annual Tree Planting Campaign

Retrieved on: 
Friday, April 28, 2023

HOUSTON, April 28, 2023 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that, in honor of Arbor Day, it has partnered with A Living Tribute, a sponsor of reforestation projects across North America, for its 2nd Annual Tree Planting Campaign.  The campaign recognizes each of its approximately 370 employees by planting a tree in their honor. Each employee received a customized e-certificate to commemorate the planting.

Key Points: 
  • HOUSTON, April 28, 2023 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that, in honor of Arbor Day, it has partnered with A Living Tribute, a sponsor of reforestation projects across North America, for its 2nd Annual Tree Planting Campaign.
  • The campaign recognizes each of its approximately 370 employees by planting a tree in their honor.
  • In 2022, Third Coast's inaugural tree planting campaign resulted in the bedding of 338 native tree seedlings in South Texas forests.
  • The campaign supported the tree planting and reforestation work of both the Santa Ana and Lower Rio Grande Valley National Wildlife Refuges (NWR).

Clarkson University Student Awarded Department of Defense SMART Scholarship

Retrieved on: 
Thursday, April 27, 2023

Potsdam, NY, April 27, 2023 (GLOBE NEWSWIRE) -- Cooper Mattice ‘25, an Honors Student at Clarkson, has been awarded the Department of Defense Science, Mathematics, and Research for Transformation (SMART) Scholarship.

Key Points: 
  • Potsdam, NY, April 27, 2023 (GLOBE NEWSWIRE) -- Cooper Mattice ‘25, an Honors Student at Clarkson, has been awarded the Department of Defense Science, Mathematics, and Research for Transformation (SMART) Scholarship.
  • At Clarkson, he is a member of the Varsity Swimming and Diving Team, the Honors Program, and Treasurer of the Clarkson Chapter of the New York Water Environment Association.
  • “I was incredibly excited to be awarded the scholarship and honestly surprised,” Mattice said “Since it is a national-level scholarship, I didn't expect to be awarded, but I'm really excited about it!
  • Even more exciting, they offered me an internship position this summer as well, separate from the SMART Scholarship program.”
    The SMART Scholarship is a program sponsored by the Department of Defense, designed to create a relationship between them and bright and motivated STEM college students.

Global Green Technology and Sustainability Market Report 2023: Increase in Consumer and Industrial Interest in the use of Clean Energy Resources Drives Growth

Retrieved on: 
Monday, April 24, 2023

According to its supply chain or manufacturing process, green technology is described as a category of technology that is thought to be environmentally beneficial.

Key Points: 
  • According to its supply chain or manufacturing process, green technology is described as a category of technology that is thought to be environmentally beneficial.
  • Additionally, when it comes to global warming, the United Nations' agenda's top priorities are "green" technology, green economics, and green lifestyles.
  • As digital technology and green technology are highly interdependent, cutting-edge technologies like the Internet of Things (IoT) will be crucial to the expansion of the green technology industry.
  • In this report, Global Green Technology and Sustainability Market have been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Woolpert's David Wegner Appointed to Committee on Independent Scientific Review of Everglades Restoration Progress

Retrieved on: 
Monday, April 24, 2023

TUCSON, Ariz., April 24, 2023 /PRNewswire-PRWeb/ -- Woolpert Senior Strategic Consultant David Wegner has been appointed to the National Academies' Committee on Independent Scientific Review of Everglades Restoration Progress (CISREP). The CISREP was established in response to the Comprehensive Everglades Restoration Plan (CERP), a joint effort launched in 2000 as a federal-state partnership under the Water Resources Development Act with the objective to reverse the decline of the Everglades ecosystem in South Florida and restore the region's quantity, quality, timing, and delivery of water.

Key Points: 
  • Wegner will help evaluate the productivity and effectiveness of the Comprehensive Everglades Restoration Plan's current actions to restore and protect the region's water resources.
  • TUCSON, Ariz., April 24, 2023 /PRNewswire-PRWeb/ -- Woolpert Senior Strategic Consultant David Wegner has been appointed to the National Academies' Committee on Independent Scientific Review of Everglades Restoration Progress (CISREP).
  • The CISREP is a diverse team of science and ecology experts from universities across the country and the U.S. Environmental Protection Agency.
  • The committee will provide a biennial independent, peer-reviewed assessment that will detail overall progress made in restoring the Everglades ecosystem, significant accomplishments of the restoration progress thus far, and specific scientific and engineering issues that may impact progress in achieving the natural system restoration goals of the CERP.

Fire danger in the high mountains is intensifying: That’s bad news for humans, treacherous for the environment

Retrieved on: 
Wednesday, April 19, 2023

The following year, California’s Dixie Fire became the first on record to burn across the Sierra Nevada’s crest and start down the other side.

Key Points: 
  • The following year, California’s Dixie Fire became the first on record to burn across the Sierra Nevada’s crest and start down the other side.
  • High mountain fires can create a cascade of risks for local ecosystems and for millions of people living farther down the mountains.
  • Since cooler, wetter high mountain landscapes rarely burn, vegetation and dead wood can build up, so highland fires tend to be intense and uncontrollable.

Four decades of rising fire risk

    • This enabled fire managers to leave fires that move away from human settlements and up mountains to run their course without interference.
    • We analyzed fire danger trends in different elevation bands of the Western U.S. mountains from 1979 to 2020.
    • Over that 42-year period, rising temperatures and drying trends increased the number of critical fire danger days in every region in the U.S. West.
    • In previous research, we found that high-elevation fires had been advancing upslope in the West at about 25 feet (7.6 meters) per year.

Cascading risks for humans downstream

    • High-elevation fires can have a significant impact on snow accumulation and meltwater, even long after they have burned out.
    • The result of these changes can be spring flooding, and less water later in the summer when communities downstream are counting on it.
    • This can trigger mudslides and increase the amount of sediment sent downstream, which in turn can affect water quality and aquatic habitats.

Hazards for climate-stressed species and ecosystems

    • Since they don’t burn often, their ecosystems aren’t as fire-adapted as lower-elevation forests, so they may not recover as efficiently or survive repeated fires.
    • Wet mountain areas, with their cooler temperatures and higher precipitation, are often peppered with hot spots of biodiversity and provide refuges to various species from the warming climate.
    • While the risk is rising fastest in the high mountains, most of the West is now at increasing risk of fires.

BlueTriton Brands Announces Official Partnership with the James Beard Foundation® for JBF Greens Event Series

Retrieved on: 
Tuesday, April 11, 2023

SARATOGA, N.Y., April 11, 2023 /PRNewswire/ -- BlueTriton Brands, producer of Saratoga® Spring Water, announced it is deepening its partnership with the James Beard Foundation by sponsoring JBF Greens, Presented by Capital One. JBF Greens is an event series created by the James Beard Foundation for food lovers under 40 to discover new restaurants, chefs, and culinary trends in New York, Chicago, Los Angeles, San Francisco, and Seattle.

Key Points: 
  • SARATOGA, N.Y., April 11, 2023 /PRNewswire/ -- BlueTriton Brands, producer of Saratoga® Spring Water, announced it is deepening its partnership with the James Beard Foundation by sponsoring JBF Greens, Presented by Capital One.
  • JBF Greens is an event series created by the James Beard Foundation for food lovers under 40 to discover new restaurants, chefs, and culinary trends in New York, Chicago, Los Angeles, San Francisco, and Seattle.
  • JBF Greens was first established by the James Beard Foundation over 21 years ago.
  • "Our partnership with the James Beard Foundation is so meaningful to the BlueTriton Brands family," said Brittany Lewis, Senior Brand Manager, Premium Brands at BlueTriton Brands.

U.S. Marine Corps Awards Laconic with Environmental Intelligence Services Contract

Retrieved on: 
Tuesday, April 11, 2023

CHICAGO, April 11, 2023 /PRNewswire/ -- Laconic Infrastructure Partners Inc. (Laconic), a leading provider of global environmental intelligence services and sustainable-growth solutions, has signed a contract with the U.S. Marine Corps (USMC), to provide surf observation data and analysis based on Laconic's Environmental Intelligence service. The surf observation insight will help the USMC better understand surf conditions and beach landing sites for a variety of expeditionary missions and craft. In support of USMC's Science and Technology efforts, the Marine Corps Warfighting Laboratory (MCWL) reviewed, validated and approved the contract with Laconic utilizing ManTech as the prime contracting organization.

Key Points: 
  • CHICAGO, April 11, 2023 /PRNewswire/ -- Laconic Infrastructure Partners Inc. ( Laconic ), a leading provider of global environmental intelligence services and sustainable-growth solutions, has signed a contract with the U.S. Marine Corps (USMC) , to provide surf observation data and analysis based on Laconic's Environmental Intelligence service.
  • In support of USMC's Science and Technology efforts, the Marine Corps Warfighting Laboratory (MCWL) reviewed, validated and approved the contract with Laconic utilizing ManTech as the prime contracting organization.
  • Laconic will upgrade the current USMC surf characterization methods with a state-of-the-art automated software and hardware maritime environmental monitoring system that can identify, measure and quantify risk variables at scale and speed.
  • Andrew Gilmour, CEO and co-founder of Laconic, looks forward to a great continued working relationship with the USMC.