Beal

Capital Power announces closing of $400 million subscription receipts offerings

Retrieved on: 
Tuesday, November 28, 2023

EDMONTON, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has completed its previously announced public and private placement offerings of subscription receipts (collectively the “Offerings”). The public offering consisted of the issuance of 8,231,000 subscription receipts (the “Public Subscription Receipts”), on a bought deal basis, at an issue price of $36.45 per Public Subscription Receipt (the “Offering Price”), for total gross proceeds of approximately $300 million (the “Public Offering”) pursuant to an underwriting agreement with a syndicate of underwriters (the “Underwriters”) led by TD Securities Inc. and National Bank Financial Inc. The Company has granted the Underwriters an over-allotment option to purchase, in whole or part, up to an additional 1,234,650 Public Subscription Receipts at the Offering Price to cover over-allotments, if any, exercisable at any time and from time to time until the date that is 30 days following the closing of the Public Offering. If the over-allotment option is exercised in full, gross proceeds from the Public Offering will be approximately $345 million.

Key Points: 
  • NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
    EDMONTON, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has completed its previously announced public and private placement offerings of subscription receipts (collectively the “Offerings”).
  • If the over-allotment option is exercised in full, gross proceeds from the Public Offering will be approximately $345 million.
  • Concurrently, the Company issued 2,745,000 subscription receipts (together with the Public Subscription Receipts, the “Subscription Receipts”) at the Offering Price to Alberta Investment Management Corporation (“AIMCo”) on a private placement basis for gross proceeds of approximately $100 million (the “Private Placement”).
  • Each Subscription Receipt will entitle the holder thereof to receive, without payment of additional consideration or further action, upon the first to close of the Acquisitions (as defined below), one common share of Capital Power.

Capital Power Announces Strategic Acquisition of Two Contracted Combined-Cycle U.S. Gas Generation Facilities and a $400 Million Subscription Receipts Offering

Retrieved on: 
Monday, November 20, 2023

EDMONTON, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has entered into two separate definitive agreements with CSG Investments, Inc., a subsidiary of Beal Financial Corporation, to acquire:

Key Points: 
  • Under the newly established 50/50 partnership, Capital Power and BlackRock will each be responsible for funding 50% of the cash consideration for the Harquahala Acquisition.
  • Capital Power will be responsible for the operations and maintenance and asset management for which it will receive an annual management fee.
  • The net purchase price of the Acquisitions attributable to Capital Power is expected to be US$1.1 billion (~$1.5 billion), subject to working capital and other customary closing adjustments.
  • “Capital Power's acquisition of La Paloma and the partnership in Harquahala’s gas generation assets marks a significant milestone in our strategic growth,” said Avik Dey, President and Chief Executive Officer of Capital Power.

ProQR Therapeutics to Host Virtual R&D Event on March 29, 2023

Retrieved on: 
Tuesday, February 28, 2023

LEIDEN, Netherlands & CAMBRIDGE, Mass., Feb. 28, 2023 (GLOBE NEWSWIRE) -- ProQR Therapeutics N.V. (Nasdaq: PRQR) (ProQR), a company dedicated to changing lives through transformative RNA therapies, today announced that the Company will host a virtual R&D event on Wednesday, March 29, 2023 from 10:00 am until 12:30 pm EDT, including an Analyst Q&A session with members of the ProQR Management Team.

Key Points: 
  • LEIDEN, Netherlands & CAMBRIDGE, Mass., Feb. 28, 2023 (GLOBE NEWSWIRE) -- ProQR Therapeutics N.V. (Nasdaq: PRQR) (ProQR), a company dedicated to changing lives through transformative RNA therapies, today announced that the Company will host a virtual R&D event on Wednesday, March 29, 2023 from 10:00 am until 12:30 pm EDT, including an Analyst Q&A session with members of the ProQR Management Team.
  • Speakers from the Company will include Daniel A. de Boer, Founder and CEO, Gerard Platenburg, Chief Scientific Officer, and René Beukema, Chief Corporate Development Officer.
  • Peter Beal, PhD, Professor in the Department of Chemistry at the University of California at Davis and ProQR Scientific Advisory Board member will also present.
  • A live webcast of the event will be available under “Events” in the “Investors & Media” section of ProQR’s website at www.proqr.com/events .

myCDbank.com Announces Entry to Online CD Market

Retrieved on: 
Wednesday, January 25, 2023

PLANO, Texas, Jan. 25, 2023 /PRNewswire/ -- myCDbank.com (mycdbank.com), a division of Beal Bank USA (Member FDIC), is pleased to introduce itself to savings depositors and investors across the nation. The myCDbank.com brand specializes in offering online-only certificates of deposit (CDs) with competitive rates.

Key Points: 
  • myCDbank.com is currently featuring a very competitive 12-month CD at 4.65% APY* with a $1,000 minimum deposit.
  • Beal enterprise Chief Operating Officer Brent Lundberg said, "CDs have long been attractive for investors seeking secure, stable returns.
  • Our current offering and online system make it easy for all investors to open a CD account at a great rate and manage the account online."
  • myCDbank.com customer service professionals can help customers open an account online and answer questions from investors who are new to the CD-buying experience.

UmbrellaBank.com Announces Entry to Online CD Market

Retrieved on: 
Wednesday, January 25, 2023

PLANO, Texas, Jan. 25, 2023 /PRNewswire/ -- UmbrellaBank.com (umbrellabank.com), a division of Beal Bank (Member FDIC), is pleased to introduce itself to savings depositors and investors across the nation. The UmbrellaBank.com brand specializes in offering online-only certificates of deposit (CDs) with competitive rates, currently featuring a 12-month CD at 4.65% APY* with a $1,000 minimum deposit.

Key Points: 
  • The UmbrellaBank.com brand specializes in offering online-only certificates of deposit (CDs) with competitive rates, currently featuring a 12-month CD at 4.65% APY* with a $1,000 minimum deposit.
  • UmbrellaBank.com has a newly-upgraded online banking experience that is straightforward and easy to navigate, allowing anyone to open CDs and manage their accounts with ease.
  • * The annual percentage yield (APY) advertised for the Certificate of Deposit herein is accurate as of the date of this publication and is available online only through umbrellabank.com .
  • The advertised APY may be discontinued at any time; contact UmbrellaBank.com for current CD rates.

Barracuda strengthens channel leadership team with appointment of Jason Beal as VP Worldwide Partner Ecosystems

Retrieved on: 
Wednesday, November 16, 2022

Beal brings more than 20 years of channel leadership experience, with a focus on channel ecosystem launch, and development and expansion in cybersecurity businesses.At Barracuda, Beal will lead global channel strategy and development with a strong focus on driving growth across the Barracuda global partner ecosystem.

Key Points: 
  • Beal brings more than 20 years of channel leadership experience, with a focus on channel ecosystem launch, and development and expansion in cybersecurity businesses.At Barracuda, Beal will lead global channel strategy and development with a strong focus on driving growth across the Barracuda global partner ecosystem.
  • "I'm thrilled to join the Barracuda team and help drive the next phase of growth," said Jason Beal, VP Worldwide Partner Ecosystems at Barracuda.
  • Beal joins Barracuda from AvePoint, where he served as Senior Vice President, Global Channel & Partner Ecosystems, focused on implementing global channel strategy and their first global partner program.
  • Barracuda Networks, Barracuda and the Barracuda Networks logo are registered trademarks or trademarks of Barracuda Networks, Inc. in the U.S., and other countries.

National Railway Equipment Company Appoints Merritt Becker CEO

Retrieved on: 
Tuesday, May 24, 2022

National Railway Equipment Company, an employee-owned global leader in the rail, marine, and power industries, today announced that it has appointed Merritt Becker chief executive officer.

Key Points: 
  • National Railway Equipment Company, an employee-owned global leader in the rail, marine, and power industries, today announced that it has appointed Merritt Becker chief executive officer.
  • An accomplished executive and strategic business developer, Becker joins NRE from global engine and power generation company, Cummins Inc.
  • He will join the company effective June 1, succeeding Steven Beal, who passed away in 2020.
  • A veteran of the manufacturing sector, Becker spent the last 12 years at Cummins and its affiliates in a variety of executive-level roles, both in the U.S. and abroad.

St. George's University Announces Direct-Admission Partnership with Beal University

Retrieved on: 
Wednesday, January 19, 2022

BANGOR, Maine, and TRUE BLUE, Grenada, Jan. 19, 2022 /PRNewswire/ -- Today, St. George's University announced a new direct-admission partnership with Beal University in Bangor, Maine.

Key Points: 
  • BANGOR, Maine, and TRUE BLUE, Grenada, Jan. 19, 2022 /PRNewswire/ -- Today, St. George's University announced a new direct-admission partnership with Beal University in Bangor, Maine.
  • "We're excited to team up with Beal University to educate new doctors and veterinarians at a time when these professions are in such high demand," said Dr. G. Richard Olds, president of St. George's University.
  • The partnership establishes a "3+4" program that enablesstudents to complete their undergraduate and graduate degrees in just seven years.
  • "Our new partnership with St. George's gives Beal students a tremendous opportunity," said Sheryl DeWalt, president of Beal University.

Moogsoft to Host ‘Coffee Break with Helen Beal’ Webinar Series

Retrieved on: 
Thursday, February 18, 2021

Moogsoft , the AI-driven observability leader, will host Coffee Break with Helen Beal , a new webinar series dedicated to illustrating the ways that teams can achieve more meaningful work, productivity and best practices using intelligent observability.

Key Points: 
  • Moogsoft , the AI-driven observability leader, will host Coffee Break with Helen Beal , a new webinar series dedicated to illustrating the ways that teams can achieve more meaningful work, productivity and best practices using intelligent observability.
  • View the full release here: https://www.businesswire.com/news/home/20210218005295/en/
    Coffee Break with Helen Beal welcomes friends to focus on intelligent observability in action.
  • Hosted by DevOps Institute Chief Ambassador Helen Beal, with friends, Coffee Break takes time out to examine the practical implications of intelligent observability upon the day-to-day principles, workflows and tasks of individual team members.
  • Moogsoft and the Moogsoft logo are proprietary trademarks of Moogsoft Inc. All other products or names may be trademarks of their respective companies.

AvePoint, Leading Microsoft 365 Data Management ISV, hires former Palo Alto Networks Leader Jason Beal as Head of Global Channel

Retrieved on: 
Tuesday, February 9, 2021

JERSEY CITY,N.J., Feb. 9, 2021 /PRNewswire/ --AvePoint, a leading Microsoft 365 data management independent software vendor, appoints Jason Beal as senior vice president of global channel and partner ecosystems.

Key Points: 
  • JERSEY CITY,N.J., Feb. 9, 2021 /PRNewswire/ --AvePoint, a leading Microsoft 365 data management independent software vendor, appoints Jason Beal as senior vice president of global channel and partner ecosystems.
  • Beal joins AvePoint from senior channel leadership roles at Palo Alto Networks both in Europe and in the United States, where he successfully led its global distribution and commercial channel business.
  • Beal adds, "With AvePoint, you're really at the heart of today's cloud and digital transformation mega trends and helping organizations collaborate with confidence.
  • He returns to AvePoint after leading global demand generation and increasing revenue in the midmarket and channel sectors at BlackLine.