ERG

Crossplane Capital Announces Three Team Promotions and New Hire

Retrieved on: 
Tuesday, January 9, 2024
ERG, Jefferies, Operation, Alvarez, Associate

DALLAS, Jan. 9, 2024 /PRNewswire/ -- Crossplane Capital ("Crossplane"), a leading lower middle-market private equity firm, announced today three promotions and one new hire after a strong 2023 that included nine acquisitions and one exit.

Key Points: 
  • DALLAS, Jan. 9, 2024 /PRNewswire/ -- Crossplane Capital ("Crossplane"), a leading lower middle-market private equity firm, announced today three promotions and one new hire after a strong 2023 that included nine acquisitions and one exit.
  • Since raising the firm's initial institutional capital in 2019, Crossplane has closed 9 platforms and 31 add-on acquisitions.
  • The three promotions were Patrick Lynch and David Harris to Vice President and Will Huntsman to Associate while Teddy Koudelka joins the firm as an Associate.
  • David Harris joined Crossplane in January 2020 as Crossplane's second Associate hire.

More Than $200,000 in College Scholarships Now Available from PG&E for Students in Northern and Central California

Retrieved on: 
Thursday, January 4, 2024
Dream, Erg, UCLA, Community, The Electric Company, National Society, ENG, Education, ERG, PG&E, Campaign, Love, Engineering, Culture, NSBE

OAKLAND, Calif., Jan. 4, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that scholarship applications are now being accepted for college-bound high schoolers as well as current college and continuing education students with a primary residence in Northern and Central California.

Key Points: 
  • More than $200,000 is being made available through scholarships created by PG&E's 11 employee resource groups (ERG) and two engineering network groups (ENG).
  • These groups support and advance diversity, equity, inclusion and belonging within PG&E and the hometowns it serves.
  • ERG and ENG scholarship winners will receive awards ranging from $1,000 to $6,000 for exemplary scholastic achievement and community leadership.
  • PG&E's ERG and ENG scholarships are available through these 13 groups:

Loop Industries Announces Its Loop(TM) Branded PET Resin Is Compliant for Pharmaceutical Industry Packaging Applications

Retrieved on: 
Wednesday, December 13, 2023
Infinite loop, Container, European Pharmacopoeia, PET, ERG, Innovation, Polyethylene terephthalate, USP, Safety, GEN, CO2, Incineration, Recycling

Test results executed by a worldwide leader in laboratory testing services confirm that Loop's PET resin has successfully met these requirements, opening new possibilities for sustainable packaging solutions in the pharmaceutical industry.

Key Points: 
  • Test results executed by a worldwide leader in laboratory testing services confirm that Loop's PET resin has successfully met these requirements, opening new possibilities for sustainable packaging solutions in the pharmaceutical industry.
  • Loop's 100% recycled virgin quality PET can help support pharmaceutical companies with a sustainable packaging alternative and address the growing demand for environmentally responsible choices in the industry.
  • In addition to pharmaceutical packaging applications, Loop(TM) branded PET resin is also suitable for use in food-grade packaging, cosmetic packaging and polyester fiber textile applications.
  • 1 Source: Life Cycle Assessment of Loop GEN II Infinite Loop(TM) France done by Franklin Associates, a division of ERG, compares kg for kg Loop PET vs. Virgin PET.

Society Pass Inc. (Nasdaq: SOPA): Litchfield Hills Initiates Equity Research Coverage; SOPA Growing Rapidly and Nearing Positive EBITDA Inflection

Retrieved on: 
Wednesday, December 27, 2023
Online, SOPA, Entrepreneurship, Ecosystem, Travel, Gorilla, GMV, CFO, Java, Research, Acquisition, F&B, Grab, TMG, ERG, Customization, Java version history, Sopa, Advertising, Goto, Growth, Social media, Uber, GAAP, ESIM, Corporation, EV, Video game

NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that Litchfield Hills Research (“Litchfield Hills”) has initiated equity research coverage on SOPA.

Key Points: 
  • NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that Litchfield Hills Research (“Litchfield Hills”) has initiated equity research coverage on SOPA.
  • Click Here (on Society Pass website) to view the full Litchfield Hills Equity Research Report.
  • Litchfield Hills forecasts positive EBITDA as SOPA shifts from its early growth strategy to a focus on profitability under its new CEO.
  • Based on an EV/Revenue multiple of 4.8 times its estimate 2025 revenue estimate of $25.5 million, Litchfield Hills values SOPA at $123 million.

Scoular highlights carbon savings, responsible product sourcing, and fourth employee group in new sustainability report

Retrieved on: 
Tuesday, November 28, 2023
Injury, Learning, Scoular, Wind, Electricity, ERG, Growth, Carbon, Safety, DART, Organization, Methodist Hospital, Soil, Management

Omaha, Nebraska, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Today Scoular released its third annual sustainability report , which highlights progress across the company’s five sustainability pillars.

Key Points: 
  • Omaha, Nebraska, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Today Scoular released its third annual sustainability report , which highlights progress across the company’s five sustainability pillars.
  • Key progress includes an updated sustainability leadership structure , an established baseline carbon footprint, growth of impact of the company’s employee volunteerism, and the addition of a fourth employee resource group, Scoular Emerging Leaders Organization, or SELO.
  • “As transparency and sustainability practices evolve, our strategy enables Scoular to provide unique solutions to decarbonize our planet and support the people and communities where we operate,” said Scoular CEO Paul Maass.
  • Fostering responsible product sourcing: Scoular has established a structure for a regenerative agriculture program that prioritizes soil health practices, with valuable feedback from its new Farm Advisory Roundtable Member (FARM) group.

STMicroelectronics:

Retrieved on: 
Friday, November 24, 2023
Marketing, PPA, Sale, Software, Farm, Professional, Gesellschaft mit beschränkter Haftung, Electronics, ERG, STMicroelectronics, Carbon, STM, EVP, Renewable energy

In Italy, ST operates two high-volume semiconductor manufacturing sites in Agrate (near Milan) and Catania as well as multiple R&D, design, and sales and marketing sites.

Key Points: 
  • In Italy, ST operates two high-volume semiconductor manufacturing sites in Agrate (near Milan) and Catania as well as multiple R&D, design, and sales and marketing sites.
  • Both are repowering projects – upgraded with state-of-the art technologies for better efficiency and significantly higher power generation with a total installed capacity of 151.4 MW.
  • PPAs will play a major role in our transition.
  • STMicroelectronics was supported by its PPA advisory partners act renewable GmbH, renewable energy consultancy to multinational corporates, Pexapark AG, a renewables market intelligence, software and advisory company, and Parola Associati, external legal counsel.

Apex Announces Strategic Asset Sale to ERG

Retrieved on: 
Thursday, December 21, 2023
Environment, Finance, Other Energy, Utilities, Professional Services, Alternative Energy, Sustainability, Green Technology, Energy, J.P. Morgan & Co., Partnership, PPA, Sale, Primary energy, ERG, Pathfinder, CFIUS, Champions League, Organization

Apex Clean Energy today announced an agreement with ERG, a leading European renewable energy producer, for the partial sale of a portfolio of operating clean energy assets in the United States.

Key Points: 
  • Apex Clean Energy today announced an agreement with ERG, a leading European renewable energy producer, for the partial sale of a portfolio of operating clean energy assets in the United States.
  • Apex will continue to own a 25% stake and manage the operations of the facilities, with ERG acquiring a 75% stake.
  • The portfolio—the first in a series that will support Apex’s capital recycling program—includes 224.4 MW Great Pathfinder Wind in Iowa and 92.4 MWDC Mulligan Solar in Illinois.
  • “In ERG, we’ve found a new partner with a shared commitment to driving the energy transition.

Boingo Wireless Receives Fourth Consecutive 2023 HIRE Vets Medallion Award

Retrieved on: 
Wednesday, December 20, 2023
Technology, Mobile, Wireless, Veterans, Human Resources, 5G, Telecommunications, Professional Services, Internet, Defense, DAS, Veteran, Wi-Fi, Travel, Airport, Multimedia, Boingo, Boingo Wireless, Air force, Army, Hospital, Network operations center, Ministry of Labour, ERG, Navy, Investment, Internet of things, Internet service provider

Boingo Wireless , a total connectivity provider of cellular distributed antenna systems (DAS), Wi-Fi and private networks, has received a 2023 Honoring Investments in Recruiting and Employing American Military Veterans (HIRE Vets) Medallion Award.

Key Points: 
  • Boingo Wireless , a total connectivity provider of cellular distributed antenna systems (DAS), Wi-Fi and private networks, has received a 2023 Honoring Investments in Recruiting and Employing American Military Veterans (HIRE Vets) Medallion Award.
  • Presented by the U.S. Department of Labor, the HIRE Vets Medallion Award is the only federal-level veterans employment award that recognizes a company’s commitment to veteran hiring, retention, and professional development.
  • View the full release here: https://www.businesswire.com/news/home/20231220263091/en/
    Boingo Wireless receives 2023 HIRE Vets Medallion Award.
  • Boingo simplifies complex connectivity challenges with its neutral host portfolio of fast, secure 5G-enabled wireless solutions.

Jessie Scelzi Joins REALLY as Chief Revenue Officer

Retrieved on: 
Tuesday, December 19, 2023
The Zebra, Partnership, Zebra, Woman, CCO, ERG, ARR, Workplace, Insurance, Translation, T-Mobile, Operation, Growth, Life, Management

AUSTIN, Texas, Dec. 19, 2023 /PRNewswire/ -- REALLY, the Austin-based telecom company building a decentralized and community-powered wireless network & phone service, proudly announces the appointment of Jessie Scelzi as its Chief Revenue Officer. In this crucial executive role, Scelzi will be instrumental in translating REALLY's vision into reality, overseeing strategy execution, driving overall monetization initiatives, and establishing internal operations to facilitate accelerated growth.

Key Points: 
  • Former CCO at The Zebra will Spearhead Operations & Revenue at REALLY, the premier wireless cell phone service
    AUSTIN, Texas, Dec. 19, 2023 /PRNewswire/ -- REALLY , the Austin-based telecom company building a decentralized and community-powered wireless network & phone service, proudly announces the appointment of Jessie Scelzi as its Chief Revenue Officer.
  • Scelzi, a seasoned leader with over a decade of experience building online consumer marketplaces, brings a wealth of expertise to REALLY.
  • A players attract more A players, and Jessie will do just that" shared Adam Lyons, Founder and CEO of REALLY.
  • Jessie is joining the team at a crucial time, and I can't wait to see what we accomplish with her expertise."

PainReform Provides Business Update for the Third Quarter of 2023

Retrieved on: 
Wednesday, November 15, 2023
ERG, Clinical trial, Patient, Insurance, Research, Ropivacaine, Therapy, Trial of the century, TEL, Pharmaceutical industry, Cryptocurrency

(Nasdaq: PRFX) ("PainReform" or the "Company"), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today provided a business update for the third quarter ended September 30, 2023.

Key Points: 
  • (Nasdaq: PRFX) ("PainReform" or the "Company"), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today provided a business update for the third quarter ended September 30, 2023.
  • Financial income, net, was $1.6 million for the nine months ended September 30, 2023, compared to financial expense, net, of $13,000 for the nine months ended September 30, 2022.
  • Net loss for the nine months ended September 30, 2023, was $4.5 million, compared to a net loss of $5.6 million for the nine months ended September 30, 2022.
  • As of September 30, 2023, the Company had cash and short-term deposits of $8.6 million.