SJI

South Jersey Industries, Inc. Announces Results of Final Remarketing of Series B 1.65% Remarketable Junior Subordinated Notes due 2029

Retrieved on: 
Thursday, March 28, 2024
SJI, AB4, CUSIP, Note

FOLSOM, N.J., March 29, 2024 /PR Newswire/ – South Jersey Industries, Inc. (“SJI” or the “Company”) announced today the unsuccessful final remarketing of its $2,795,000 principal amount of 2021 Series B 1.65% Remarketable Junior Subordinated Notes due 2029 (CUSIP No.

Key Points: 
  • FOLSOM, N.J., March 29, 2024 /PR Newswire/ – South Jersey Industries, Inc. (“SJI” or the “Company”) announced today the unsuccessful final remarketing of its $2,795,000 principal amount of 2021 Series B 1.65% Remarketable Junior Subordinated Notes due 2029 (CUSIP No.
  • 838518 AB4 / ISIN US838518AB47) (the “Notes”) that form a part of the outstanding Corporate Units (CUSIP No.
  • 838518 306 / ISIN US8385183061) issued by the Company on March 22, 2021.
  • The Company’s final remarketing period for the notes expired on March 28, 2024.

Barbara A. Romano Promoted to First Woman CIO at SJI

Retrieved on: 
Wednesday, January 24, 2024
Senior, CNH Industrial, Woman, Natural gas, Culture, AI, CIO, Acquisition, COVID-19, Information technology, Fortune 500, QVC, Bloomsburg University of Pennsylvania, SJI, SVP, Growth, Management

FOLSOM, NJ, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Barbara A. Romano Promoted to First Woman CIO at SJI

Key Points: 
  • FOLSOM, NJ, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Barbara A. Romano Promoted to First Woman CIO at SJI
    FOLSOM, NJ, January 24, 2024 – SJI announced today that Barbara A. Romano has been promoted to chief information officer, replacing Leonard Brinson Jr., who is retiring at the end of the month.
  • “I am both honored and excited to break through barriers and pave the way for more women in leadership roles,” Romano said.
  • Romano joined SJI in 2015 and has held multiple roles with increasing responsibly and most recently served as vice president of Technology & Operations.
  • "I am delighted that Barb will be taking on the crucial role of CIO for SJI,” said SJI President and CEO Michael Renna.

SJI Appoints Timothy Lowry as Senior Vice President and General Counsel

Retrieved on: 
Thursday, January 11, 2024
General counsel, Stockton University, Trustee, Sport, Privatization, Holland & Knight, DLA Piper, SJI

FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8.

Key Points: 
  • FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8.
  • As general counsel, Lowry will serve as the principal legal officer for SJI and key advisor to the CEO, senior management, and the Board of Directors.
  • He will also be responsible for strategic leadership for the Office of the General Counsel, providing the expertise needed to support SJI’s growing business.
  • “We are thrilled to welcome Tim to SJI,” said SJI President and CEO, Mike Renna.

SJI and Captona Announce Construction of one of the Largest Food Waste-to-RNG Facilities in the US

Retrieved on: 
Wednesday, December 20, 2023
Partnership, Gasoline, Restaurant, LRE, Fuel cell, City, Waste management, Digestion, Investec, Oxygen, SJI, Food, Engineering, RNG, Growth, Project, Transport, Carbon, Natural gas, Renewable energy

SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.

Key Points: 
  • SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.
  • This marks SJI’s first non-utility led anaerobic digester project that will directly connect its utility customers with a New Jersey-based RNG producer.
  • Elizabethtown Gas, one of SJI’s primary utility subsidiaries, will blend the RNG from the Project into its existing natural gas distribution system.
  • The LRE Project includes development and construction of multiple off-site food waste pre-processing and depackaging operations in New York City, New York State and New Jersey.

Construction Commences on South Jersey Industries, OPAL Fuels, and Atlantic County Utilities Authority Renewable Natural Gas Facility

Retrieved on: 
Monday, October 23, 2023
Oil, Gas, Building Systems, Alternative Energy, Construction & Property, Green Technology, Energy, Sustainability, Environment, Trucking, Agriculture, Natural Resources, Transport, Urban Planning, Other Energy, Utilities, Other Construction & Property, Atlantic County Utilities Authority, SJI, Atlantic County, New Jersey, Biomass, Myakkahatchee Creek Environmental Park, OPAL, Opal (fuel), Multimedia, Growth, ACUA, Atlantic Ocean, RNG, Natural gas, Gasoline, Renewable energy, South Jersey Industries

South Jersey Industries (SJI), an energy infrastructure holding company, OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, and Atlantic County Utilities Authority (ACUA), announced that construction has commenced on a new RNG production facility (Atlantic RNG) located at ACUA’s solid waste landfill in Egg Harbor Township, New Jersey.

Key Points: 
  • South Jersey Industries (SJI), an energy infrastructure holding company, OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, and Atlantic County Utilities Authority (ACUA), announced that construction has commenced on a new RNG production facility (Atlantic RNG) located at ACUA’s solid waste landfill in Egg Harbor Township, New Jersey.
  • As part of its commitment to provide safe, reliable, affordable energy solutions, South Jersey Gas, an SJI subsidiary, will enter into an interconnection agreement to accept the RNG produced by Atlantic RNG.
  • “OPAL Fuels’ decades of experience in renewable energy production underpins our continued focus on our growth strategy of converting biogas resources into operating renewable energy projects.
  • Once processed, it is interchangeable as a carbon-neutral substitute for traditional natural gas and can be fed through the existing South Jersey Gas natural gas infrastructure without disturbing the distribution network already in place.

South Jersey Industries and OPAL Fuels Announce the Signing of Renewable Natural Gas Joint Venture

Retrieved on: 
Thursday, September 21, 2023
Trucking, Other Energy, Transport, Utilities, Oil, Gas, Alternative Energy, Energy, Agriculture, Natural Resources, Atlantic County, New Jersey, ACUA, Way, British thermal unit, Gasoline, RNG, Multimedia, Sale, Opal (fuel), Atlantic County Utilities Authority, Egg Harbor Township, New Jersey, Natural gas, GGE, Methane, ESG, SJI, SCFM, Atlantic Ocean, OPAL

South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced they have entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities.

Key Points: 
  • South Jersey Industries (SJI), an energy infrastructure holding company, and OPAL Fuels Inc. (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable energy, announced they have entered into a 50/50 joint venture to develop, construct, own and operate RNG facilities.
  • The first facility (the “Atlantic RNG facility”) will be at the Atlantic County Utilities Authority (ACUA) solid waste landfill in Egg Harbor Township, New Jersey.
  • View the full release here: https://www.businesswire.com/news/home/20230921601322/en/
    “This project is consistent with our comprehensive clean energy plan, Leading the Way,” said Mike Renna, President & CEO, South Jersey Industries.
  • The new Atlantic RNG facility will replace a previously decommissioned power plant and the RNG will be injected into the South Jersey Gas network, an SJI subsidiary, making this project the first of its kind in the gas company’s natural gas distribution system.

LoRaWAN® Live! Tokyo Event to Showcase How LoRaWAN is Solving Challenges in the Buildings, Retail, Cities, Industry, Manufacturing, Agriculture, and Utilities Markets in Asia

Retrieved on: 
Monday, August 21, 2023
Amazon Web Services, Wi-Fi, ASEAN, Internet, Original equipment manufacturer, Yokogawa Electric, University of Nebraska–Lincoln, Food, Asset tracking, LoRa, NTT, Environment, Automation, GPS, GNSS, City, Ageing, Forecasting, Certification, Growth, Smart city, BHD, Horizon Power, Lightning, Animal husbandry, Water, Internet of things, Agriculture, ICFOSS, Operational technology, STMicroelectronics, Artificial intelligence, IA Financial Group, Ecosystem, SJI, Weather, AWS, RF, Farm, Vellore Institute of Technology, Medical device, Customer service, Heating, ventilation, and air conditioning, Renewable energy, Powerco, Helium, Semtech

Fremont, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- The LoRa Alliance®, the global association of companies backing the open LoRaWAN® standard for the internet of things (IoT) low-power wide-area networks (LPWANs), today announced the program for the upcoming LoRaWAN Live! Tokyo. The event will focus on sharing LoRaWAN solutions for critical global challenges, including food supply, manufacturing automation, safe work environments, sustainability, resource conservation, and business optimization. Additionally, leading LoRaWAN experts will address technical topics including the value of certification and becoming a LoRaWAN Accredited Professional, regulatory compliance and RF regulations, and how to develop end-to-end solutions.

Key Points: 
  • The event will focus on sharing LoRaWAN solutions for critical global challenges, including food supply, manufacturing automation, safe work environments, sustainability, resource conservation, and business optimization.
  • “We’re bringing a strong, solutions-based program to Tokyo this October to help drive LoRaWAN business and support the global LoRaWAN community as it works to solve some of the planet’s most pressing challenges.
  • I also want to personally thank the LoRa Alliance member companies who are sponsoring the event, Browan Communications , Kiwi Technology , MultiTech , RAKwireless , Semtech , STMicroelectronics , and Yokogawa .”
    LoRaWAN Live!
  • The event features a dynamic program that will address how LoRaWAN is transforming the buildings, retail, cities, industry, manufacturing, agriculture, and utilities markets in Asia and around the world.

LoRaWAN® Continues Explosive Growth Across the Asia Pacific Region; Millions of Device Deployments Announced in 2023

Retrieved on: 
Wednesday, July 26, 2023
Ricoh, Internet, Original equipment manufacturer, Temperature, LoRa, Automation, Atmosphere, Certification, Organization, Environmental monitoring, LPG, Growth, Safety, Tata Communications, Running, Food, Metal, Internet of things, Agriculture, Semtech, LNG, Humidity, Mining, Operational technology, CO2, City, BMS, SJI, Building automation, Renewable energy

FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- The LoRa Alliance®, the global association of companies backing the open LoRaWAN® standard for the internet of things (IoT) low-power wide-area networks (LPWANs), today highlighted the strong growth of LoRaWAN across the Asia Pacific (APAC) region with the addition of millions of sensors deployed in the first 6 months of 2023, led by large projects in China, Japan, Korea, and India. The continued evolution of LoRaWAN networks is also increasing accessibility, further accelerating growth. To support the high level of regional activity, the LoRa Alliance will bring its next LoRaWAN Live event to Tokyo, Japan on October 11-12, 2023.

Key Points: 
  • The continued evolution of LoRaWAN networks is also increasing accessibility, further accelerating growth.
  • To support the high level of regional activity, the LoRa Alliance will bring its next LoRaWAN Live event to Tokyo, Japan on October 11-12, 2023.
  • “The Asia Pacific region has consistently been at the leading edge of LoRaWAN deployments, and the trend has been accelerating through the first half of 2023,” said Donna Moore, CEO and chairwoman of the LoRa Alliance.
  • Some of the largest scale deployments support water metering and management, gas metering and leak detection, environmental monitoring and energy management, and street lighting/safety.

South Jersey Industries, South Jersey Gas and Elizabethtown Gas Announce Offers to Purchase Notes

Retrieved on: 
Wednesday, February 22, 2023
Telephone, Kerala Infrastructure Investment Fund Board, Senior, National Association, Wilmington Trust, Medium term note, Acquisition, Debt-to-GDP ratio, SJG, Letter, 1915 Montana A&M football team, Xi, Suite, Attention, EST, Offers, Tranche, SJI, Vii, ETG, Note, Security (finance)

FOLSOM, NJ, February 22, 2023 – South Jersey Industries, Inc. (SJI) announced today that SJI commenced change of control offers (the “SJI Offers”) to repurchase its (i) 3.22% Senior Notes, Series 2017A-1, due 2024, (ii) 3.46% Senior Notes, Series 2017B-1, due 2027, (iii) 3.32% Senior Notes, Series 2017A-2, due 2025, (iv) 3.56% Senior Notes, Series 2017B-2, due 2028, (v) 3.82% Senior Notes, Series 2018B, due 2028, (vi) 3.92% Senior Notes, Series 2018C, due 2030, (vii) 3.71% Senior Notes, Series 2020A, due 2027, and (viii) 3.91% Senior Notes, Series 2020B, due 2030 (collectively, the “SJI Notes”).

Key Points: 
  • FOLSOM, NJ, February 22, 2023 – South Jersey Industries, Inc. (SJI) announced today that SJI commenced change of control offers (the “SJI Offers”) to repurchase its (i) 3.22% Senior Notes, Series 2017A-1, due 2024, (ii) 3.46% Senior Notes, Series 2017B-1, due 2027, (iii) 3.32% Senior Notes, Series 2017A-2, due 2025, (iv) 3.56% Senior Notes, Series 2017B-2, due 2028, (v) 3.82% Senior Notes, Series 2018B, due 2028, (vi) 3.92% Senior Notes, Series 2018C, due 2030, (vii) 3.71% Senior Notes, Series 2020A, due 2027, and (viii) 3.91% Senior Notes, Series 2020B, due 2030 (collectively, the “SJI Notes”).
  • SJI will accept for purchase all SJI Notes validly tendered at or before the expiration date of the SJI Offers, which is 5:00 p.m. EST on March 16, 2023.
  • As required by the note purchase agreements under which the SJI Notes were issued, the purchase price with respect to the SJI Notes in the SJI Offers is equal to 100% of the principal amount of the respective SJI Notes, plus accrued and unpaid interest to the date of purchase.
  • As required by the note purchase agreements under which the SJG Notes were issued, the purchase price with respect to the SJG Notes in the SJG Offers is equal to 100% of the principal amount of the respective SJG Notes, plus accrued and unpaid interest to the date of purchase.

Infrastructure Investments Fund Completes Acquisition of South Jersey Industries, Inc.

Retrieved on: 
Wednesday, February 1, 2023
NYSE, South Jersey Industries, Investment, Acquisition, SJI, Kerala Infrastructure Investment Fund Board, Renewable energy

FOLSOM, N.J., and NEW YORK, Feb. 01, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, announced that IIF’s acquisition of SJI is closing today.

Key Points: 
  • FOLSOM, N.J., and NEW YORK, Feb. 01, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, announced that IIF’s acquisition of SJI is closing today.
  • “The completion of this transaction marks an exciting new chapter for SJI,” said Mike Renna, President and CEO, SJI.
  • “We are excited to join forces with IIF and continue to support the environmental goals of our state and region through investing in sustainability and clean energy initiatives.
  • Shareholders as of today will also be entitled to receive merger consideration of $36.00 per share in cash.